Tips Of Low Your Wholesale Clothing Cost
How do you improve your profit margin when you are in the wholesale clothing business
? After all, you are in business to make money. One of the most important things to consider is to get the lowest price possible from your supplier.
Here are some tips for getting the lowest price:
1. Work directly with the clothing manufacturer. Avoid as many layers as possible in the selling process, or as they say, "avoid the middleman." When you buy direct from the factory, you are basically buying the clothes at cost.
2. Look at working with companies from other countries, primarily China. These countries are able to produce clothing with lower labor costs. This translates into lower manufacturing costs, and lower prices for you.
3. Spread out your fixed costs. The more clothing you buy, the more you can spread out the fixed costs of shipping and storage.
4. Work with your supplier and ask them what they can do to reduce the price. Some manufacturers may reduce the price if you get a mix of clothing instead of all the same. This will work for both of you. For one, it will allow the manufacturer to distribute overstocks and, two, it gives you more variety to offer your customers.
5. Do your research. Shop around. The power of competition is found when you have multiple bids and can use those as negotiating tactics. Depending on the size of your operation, wholesale suppliers do not want to lose your business. Let your suppliers know exactly what you are looking for, and that you can get a better deal elsewhere.
I have been doing clothing business since 2005, and came cross Cheerwholesale.com in 2007, I stick to buy wholesale clothing from them for their low price, high quality and best service, they are my best business friend. For you and my friend, I 'd like to share with you all:
http://www.cheerwholesale.comby: Avern
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