A wholesale business of any kind basically involves reselling goods, either new or used, to various retailers or any other type of business. The wholesaler buys goods in very large quantities and then sorts that huge bulk into smaller lots, and finally redistributes them to its customers. Similarly, a clothing wholesaler also purchases clothes in huge quantities and then resells them to numerous retailers. Wholesaler will not sell his merchandise to the final consumer directly. It is just one component of the supply chain of clothes that reaches the public. The clothing wholesaler makes profit by purchasing clothes in bulk from distributors or manufacturers at reduced prices and then sells them to the retailers after adding a markup. After deducting the total expenses of the wholesaler, the amount which is left over is called as profit.

A clothing wholesaler is able to make a handsome profit and if that profit seems attractive enough to you, we have a few tips to help you start a clothing wholesaler business.

The first step to starting a clothing wholesaler business is to figure out the range of products you want to offer or the segment you want to specialize in. As a rule, you must decide if you want your business to be ‘general’ or targeting only one small segment or niche. If you choose to go general, you have to sell clothing of all types and in all sizes. You cannot limit yourself to women’s or men’s clothing, you have to offer clothes for men, women and kids as well. On the other hand, if you specialize only in one niche, you will sell only one particular type of clothes in specific sizes. The decision at this stage will influence how you are going to set up the business.

The next step involves locating the distributors and manufacturers from whom you want to purchase merchandise. Once you decide or locate the distributors and manufacturers with whom you want to do business, you will contact them and visit their offices or warehouses. The negotiation process will involve the wholesaler going through their brochures and asking them to give a price list on their merchandise. As a clothing wholesaler, this will help you to know whether the merchandise offered by the distributor is according to your standards or not. During the discussion, the wholesaler must ask questions regarding how to place an order, the minimum quantity that they must order, the fee for restocking, return and shipping policy and any quality guarantees that they offer.

Before entering into any contract, you must visit other wholesalers who are also doing business with the same distributor and check the quality and price structure of their merchandise. This will help a new clothing wholesaler to ensure that he is not being exploited. A new clothing wholesaler has to visit all the retailers in his locality to introduce his business and to establish a relationship with them. Taking along a sample of the merchandise and the price list helps the retailers in giving feedback regarding whether or not they would like to be a customer of the clothing wholesaler.

Lastly, when you begin your clothing wholesaler business, purchase in small quantities. Add more variety and quantity as the business grows. Starting small will help you avoid outdated and unsold merchandise.

Clothing Wholesaler

It is always profitable to source the merchandise from wholesale clothing suppliers. Since they only can offer better discounts and good quality.

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Author Bio: Clothing Wholesaler

It is always profitable to source the merchandise from wholesale clothing suppliers. Since they only can offer better discounts and good quality.

Click here for the best Wholesale Clothes.

Category: Business
Keywords: Clothing Wholesaler, Wholesale Clothes, Clothing Wholesale, Clothes Wholesale