Are you trying to find a wholesale supplier of stock footwear and stock clothes from Europe. You have many options. There are many companies that help retailers find reliable clothing and footwear distributors.
Buying wholesale clothes and shoes is a practice that has existed since the beginning of commerce. It consists of an exchange in which a seller and a buyer obtain benefits. But really, is it worth it today?
In this article I will explain how to buy wholesale clothes and shoes from Europe and the first steps to turn it into a profitable and attractive business option for any entrepreneur. In addition, I will tell you what it consists of, what are the advantages and disadvantages of implementing this modality.
Analyzing the different factors that come into play during this activity will help you make the best decision according to the market you are in and the objectives you want to achieve with your venture.
Wholesale purchases to resell: what does it consist of?
Buying wholesale clothes and shoes to resell is a business model in which two factors intervene: purchases of large quantities of products and a lower price per unit.
A wholesale purchase is the exchange in which a seller and a buyer make a profit. The seller, on the one hand, profits from the high volume of sales. While the buyer pays a lower cost for each unit.
And what is resale? Reselling is known as the action of selling an item for a higher price than what it was purchased for.
So, when we talk about buying wholesale to resell, I am referring to the action of purchasing products in large quantities to sell them – in an online or physical store – to the final consumer for a higher cost to obtain a profit.
Now, how do you know if it is the business you want to implement? Before making that decision, define what types of products you are going to offer and create a model that is profitable over time.
Next, define whether your business will be based on your own production, wholesale purchases or dropshipping. Everything will depend on the initial investment you want to allocate.
Benefits of buying wholesale clothes and shoes
The benefits of buying wholesale are:
- Lower costs
- More competitive prices
- Higher profits
- Have immediate stock
- Support local manufacturers and workshops
- Save time
Purchasing a larger number of units directly translates into lower costs. Not only will the prices you access be competitive, but you will be able to negotiate even more depending on the amount you decide to purchase.
More competitive prices
By having lower costs, you have the opportunity to define a pricing strategy that is focused on offering more accessible options to your potential customers.
Another result of the lower costs of wholesale purchasing is the potential for higher profit margins. This translates into greater income for your business, which you can invest in advertising products or hiring new tools.
Have immediate stock
Buying in bulk also has the benefit of maintaining the continuity of a certain amount of stock for any season.
In this way, you ensure that the inventory will be sufficient to sell uninterruptedly. Keeping this record helps you not run out of a product or prevent you from having to go out urgently to buy it again.
Support local manufacturers and workshops
If you want to start, for example, selling clothes on the Internet, but you do not have the resources to produce your own garments, the ideal is to hire the services of workshops, manufacturers or model makers.
In this way, you will make your garments with a unique style that reflects the concept of your brand. Additionally, you will help other entrepreneurs like you grow within the industry.
Time is one of the most precious assets today. By avoiding smaller purchases, you will avoid having to go see each supplier, evaluate budgets, negotiations, payment and delivery conditions, etc.
Bulk purchases give you the ability to do all of this one time for a long period, allowing you to keep an eye on other areas of your business.
Postskriptum GmbH is a German B2B company specialized in the wholesale of stock clothes, stock shoes, and accessories from Europe. The company has a multilingual website with languages such as Russian, English, and Arabic.