Posts Tagged kids
Finding Wholesale Sources for Children’s clothing
Posted by johnb in Closeouts, Ebay, Liquidations, Wholesale, Wholesale Sources, eBusiness on October 21st, 2009
Kids grow, they spill drinks, they play in the mud and so they constantly need new clothes. This is why selling clothes online is an appealing business, and sourcing wholesale kids clothing can help you to turn a healthy profit doing it. The first step to entering the wholesale kids clothing market is finding a good supplier.
Many people opt to hit the clearance and sales racks to find the clothes they will offer in their online businesses, they never even approach a wholesale supplier. This is not an effective business practice as the wholesale kids clothing will offer a larger profit margin than anything bought in the stores. What facts do I have to back this up? First we’ll take a look at wholesale pricing as compared to store pricing and sales.
The first thing to understand is how stores obtain wholesale kids clothing. Stores buy in bukl from the wholesale supplier. We will assume that eacah item purchased at the wholesale, bulk price is $10. At their store, the markup for this same item will be 100% over the wholesale kids clothing price. The same $10 item from the wholesale supplier is now sitting with a price tag for $20. The tag will reflect a full retail price of $20. Every time they sell an item at full price, they are making 100% profit, and many items will be sold at full price over the course of the year. As the year or season draws to a close, these items that are still sitting on the shelf may be put on sale. They may start the sale off at a twenty percent discount. So now the item, which was $10 wholesale and $20 at full retail, will be $16 which would still yield a $6 profit.
As the item sits, the markups may increase, but even at forty percent off the orginal wholesale kids clothing selling price, the price is still $2 higher that what was paid for it. Therefore, if you are buying at the same wholesale kids clothing source, then you will pay less for the merchandise than you would through a sale.
It may feel like a great bargain in the store, but the prices on actual wholesale kids clothing yields a much better bargain. Lower prices paid by you upfront will yield greater profits for your business, plus you will be able to choose your sizes and even reorder rather than just settling for the stores leftovers. The wholesale source also has the added benefit of being able to offer you clothes from closeouts, overstocks and liquidations with even greater discounts, making it easier for you to earn a profit, you just have to purchase your wholesale kids clothing from the right place.

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