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As Christmas
season starts to roll, many retailers in the clothing industry are
struggling with stocking inventory because of the credit crunch. Many
of them cannot afford to stock existing and buy new inventories when
sales are extremely slow. The tightening of the credit market makes a
lot of small businesses, including those in the fashion accessories
and apparel industry, struggle to survive. But Christmas is coming.
There are still a lot of consumers ready to spend some bucks on
buying Christmas presents. But this also means finding bargains on
good quality merchandise, could it be in the regular stores or on the internet.
One would
think that if you say I’m buying wholesale apparel or wholesale
clothing at a wholesale distributor, it automatically means
buying it at around 50% less than the retail price. Not necessarily.
Most wholesalers are buying their inventories from direct importers.
Therefore, prices are not really all that cheap for the retailers.
Unless the clothing wholesale distributor buys in bulk of the same
style, color and sizes which will mean spending tens of thousands if
not hundreds of thousand dollars in acquiring these inventory, the
wholesaler does not pay a deeply discounted price. When that happens,
the wholesaler passes the burden to the retailer by a mark-up that
most retailers can no longer afford. It’s a chain reaction.
If the retailers bought it at a higher price, to recoup the cost and
make some profit, the retailer would then be increasing price by the
piece which will be hard for the consumer to buy. The consumer will
then search out some other outlet that can offer more attractive
prices than those of their favorite apparel store. In turn, not only
did the inventory not move, the retailer, does not have the money to
buy cheaper items to turn the business around.
This is where
I come in with valuable tips in hand that no clothing and apparel
retailer can afford to pass up. First of all, don’t look
for an ordinary wholesale apparel distributor otherwise you
don’t get the best deal. Instead search out wholesale
apparel liquidators whose main business is buying closeout clothing
inventory directly from manufacturing companies, direct importers or
those whose business are folding. By purchasing inventories this way,
retailers can get an extremely low prices, lower than traditional
wholesale, and pass the savings on to customers at a deeply
discounted price, anywhere from 60% - 80% of the retail price.
Second, if you
find one of those closeout wholesale distributors, look out for their
clearance sales. This happens very often, as a matter of fact, almost
every month. They offer the clearance items from 90% - 95% of the
retail price. How nice is that?
My third tip
is to look for those companies that offers “free”
shipping for a reasonably minimum order of only $200 and above in the
continental United States. For overseas buyers, find out if they give
special shipping to countries like Canada, Australia, the United
Kingdom and the rest of Europe. This gives you more savings than you expected.
Last but not
least, look for those who do not require a minimum order amount.
Normally, clothing wholesalers have a minimum purchase of at least
$500 or $1000 per order. But there are those who allow you to
purchase by the package – normally 6 pieces of the same
item of different sizes small to large with the same color. This
costs anywhere from $25 - $75 a package depending on what
you’re buying.
With tips I
gave above, no matter if you specialize in retailing wholesale
women's apparel like jeans, dress,
skirt,
tops,
active wear, plus size, accessories or even jewelry,
you are covered. Not only clothing and accessory retailers can
benefit from these tips but also those stay at home moms, or anybody
who wants to make income on the side. Like I said, purchasing with no
minimum required is a big thing. Or buying a required small minimum
order but the shipping is free, who wants to pass that? Anyone can be
a retailer if you know where and how to find suppliers. And for those
that are far from places like Los Angeles or New York where you can
find most of closeout liquidators, there is always the internet. Just
type closeout wholesale apparel
in the search field and big G will give you long list of potential
savings opportunities to consider. When you get your list, just make
the choice as to which savings opportunity fits your needs. And there
you have it. Christmas inventory buying for a lot less is taken care of! |
