Designer Cheap Wholesale Handbags Today
If you are looking to go into business for yourself
, you have been laid off or you are just looking to make some extra money, you should consider going into the business of selling wholesale handbags. Handbags today are as popular as ever, and there are many women who have a handbag for every outfit that they own! Changing their bags is like changing their shoes for many women, and those shoppers are always on the lookout for wholesale handbags that they can buy for a really good price. If you play your cards right and you find a good distributor to work with, you can really make a good business out of selling all kinds of wholesale items, not just the handbags.
These products are the exact same ones that consumers will find on the shelves at the high priced retail stores; the only difference is that your handbags are going to be offered to customers at significant savings over the prices charged by malls and retail stores. If you are wondering how you will ever make a profit selling bags for so cheap, look at it this way: you can sell five bags at regular retail price and make $600 or you can sell 15 bags at wholesale price and make $1150. It is simple economics; the cheaper the product, the more people there will be buying it. So how do you start your wholesale handbag business?
To start with, you are going to always have to have in the back of your mind that the lower your overhead costs are, the more profit you are going to be able to keep in your pocket. The biggest thing you can do to help with these costs is to NOT rent a place at first work out of your own home. Also, do not offer to pay anyone to help you when you are first starting out. These two things alone will save you hundreds, if not thousands of dollars every month. Down the road when you are an established, larger company you can go ahead and rent a place for business and hire staff to help you.
Now we need to talk about the wholesale handbags distributors that you are going to be buying your products from. They too have to have low overhead costs. If they have high overhead they are going to increase the prices on the products that they sell to you, which will in turn cut into your profits. Also, they should buy the merchandise directly from the manufacturer, and they can do this in several different ways. It is also possible that you can purchase directly from the manufacturer too, which would really cut the costs that you pay for the wholesale handbags that you are interested in selling.
by: Phoenix Delray
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