It is no secret that buying wholesale stock clothes, shoes , and women’s apparel in bulk is a good strategy for retailers to maximize their profit margins. There are many wholesale clothing suppliers from Europe who offer branded clothing at cheap prices.
Among the factors that can determine the success of a store is how you negotiate with your suppliers. For stores that sell clothing and want to buy clothing in bulk, it is recommended to research trends, quality and price. This is what allows a store to stand out in the market.
If you have decided to own a clothing store, then you must surely have some knowledge in the fashion field. The best stores also provide services that customers can’t find anywhere else. To buy clothing in bulk and fill your inventory, it is crucial to know the tastes and preferences of your target market. By doing it properly, you will ensure the development of your business and the increase in your sales.
Discover the Tricks of Buying Clothing in Bulk!
Buying wholesale clothing requires knowledge of fashion and good contacts with qualified suppliers. You need to know the good quality brands and sources to approach to start the process.
In this article, we will show you everything there is to know about buying clothing in bulk through the following points:
- Why Buy Clothing in Wholesale?
- Where to Find Wholesale Clothing?
- How to Negotiate with a Wholesale Clothing Supplier?
∙ Why Buy Clothing in Wholesale?
By applying practices like sourcing from cheaper brands and selling your products without any profit margin, you will not be able to grow your business. It is easy to bring prices down, but it is very difficult to bring them back up. Only discount when it comes to clearances. It is by mastering this that you will be able to benefit from buying clothing in bulk.
In the eyes of customers, prices often determine the quality of a product. Make sure you buy your clothing in bulk from quality suppliers to keep your customers happy. It is by having unique articles and promoting on the internet that you will be able to develop your business. Build your business by finding the right sources.
Where to Find Wholesale Clothing?
There are four ways to obtain wholesale clothing and this is what we will try to explain to you below:
- Clothing Markets
- Online Purchasing
- Hub Stores
- Los Angeles
1. Clothing Markets
By visiting the clothing markets, you will be able to interact directly with wholesale clothing suppliers. You will be able to check the quality, feel the fabrics and negotiate prices in person. You will also be able to find out how suppliers make the clothes they sell. The way they present the pieces shows how serious they are in their work. Take this inspiration and use it in your retail business to add your own personal touch.
In these markets you will find temporary kiosks that usually sell clothes, shoes, gifts and accessories. It is in this section that you may be able to find the supplier you will work with in the future.
Showrooms are other places to consider when looking for wholesale clothing suppliers. Showroom owners usually promote 3 or 4 different brands. It’s a way for companies to enter new markets without having to rent space and spend on security deposits. Owners and brands organize collaborations for a win-win plan. You might find the right conditions to buy your stocks from them.
Cash and carry is another category of clothing markets. You can buy your parts on site and bring them to your home the same day. This usually applies to accessories and jewelry, but you can also do it for your wholesale clothing.
2. Online Purchasing
Instead of visiting markets and meeting your wholesale clothing suppliers in person, you can choose to sit back on your couch and buy your wholesale clothing directly online.
Some of the most popular platforms for clothing include: Tundra, Fashion Go, OrangeShine and Showroom. These online marketplaces offer different categories for clothing. You will be able to check which ones are suitable for your store and select the right clothing for your target market.
3. Hub Stores
If your store is based in the United States and you purchase your inventory from that country, then you may want to consider Hub Stores. It is an association of more than 750 brands from all regions of the world. By visiting the Hub, you will be able to discover the different pieces and meet the brands’ designers.
Hub store groups and communities share product sheets, videos and news for all brands. By becoming a member of the Hub, you will be able to negotiate conditions and buy your clothes in bulk. This is a great way to get the best deals for your retail store.
How to Negotiate with a Wholesale Clothing Supplier?
There are some tips to follow when buying clothes in bulk and this is what we will show you above:
- Build a Relationship with Suppliers
- Be a Good Customer
- Pay on time
- Negotiate Prices
1. Build a Relationship with Suppliers
To get good deals for your wholesale clothing, you need to build relationships with suppliers. If you appear as a simple customer, then you will not have access to the best offers. Suppliers need to trust you to be able to offer you special discounts and affordable prices.
Appreciation of services and respect are the best ways to establish a relationship with suppliers. Find out about their business affairs and tell them you are interested in building a long-term relationship. This will allow you to guarantee the launch of your clothing website.
2. Be a Good Customer
Be the best customer for your wholesale clothing supplier and you will be rewarded. All business people deal with customers they don’t like at all. Avoid becoming this type of customer by adopting a courteous attitude and negotiating with respect.
3. Pay on time
Once you have negotiated payment terms with your wholesale clothing suppliers, you need to stick to them. Although on-time payments may seem obvious, many people forget this detail. Make your payments as soon as you have made arrangements with your supplier. This will help you improve your trading in the future. You will also be able to benefit from better offers thanks to the trust that builds between you and your supplier. It’s when you get benefits without asking for them that you can consider your relationship successful. You can then consider starting your sales to reach your target market.
Some companies that sell wholesale clothing may request advances for their products. In this case, you need to know what you’re getting into. Never sign an agreement if you are not sure you can keep it. By paying on time for your first purchases, you will prove that you are serious and that you plan to come back to buy more. This is what will make suppliers willing to grant you credits for future transactions.