One of the most popular things for people to purchase online is clothing. Many people enjoy finding great deals on their favorite name brands on the internet, as well as not having to deal with the hassle of going to the local mall. If you are interested in an ecommerce business, buying and selling wholesale clothing is a great idea.
Designer Label Discounts
One of the biggest markets for clothing online is the discount designer label market. People want the hottest styles and brand names for less money that the boutiques sell them for. You can easily find consumers for a designer label discount ecommerce store.
Since the customer knows the value inherent in the name brand label itself, it will be easy to market to this niche. Many people actually seek out a particular brand name and buy nothing else.
Bulk Purchasing
In order to get into the designer label discount business, you must purchase wholesale clothing lots in bulk. In order to do this, you may have to get a wholesale ID or reseller’s number. You may also need a state tax license. Different states and municipalities may call them different things. This paper will allow you to purchase from wholesalers tax-free and makes it necessary for you to charge sales tax and remit it to your state.
Once you have all the paperwork in order, you will find a wholesaler that sells clothing. There are many options in bulk purchasing. You can purchase small lots by the dozens, box lots, pallets, or whole truckloads of wholesale clothing.
There are also different classifications of wholesale clothing products to consider. You can purchase store returns. These are items that retail customers have returned to the store and may include damaged pieces. You can buy overstocks and shelf pulls which are items that a store can no longer sell because of changing styles or seasons. These are generally undamaged. You can also purchase items directly from the manufacturer if you have a lot of buying power. This usually requires a professional business meeting and a large outlay of money and is not for the small ecommerce seller.
Sell Leftovers in a Wholesale Lot
Once you have sold most of the wholesale clothing lot you have purchased, you can easily sell any leftovers in a wholesale lot for a smaller profit margin. Ebay and other online auctions are great for this. You can also offer special “outfit deals” on your ecommerce website.
Selling wholesale clothing is a great way to make money online. Since more and more people are using the internet as a giant shopping mall, you will have a huge group of people to market to. You can easily make ecommerce profits with wholesale clothing.
