Tips on Best Priced Wholesale Apparel: Where to get them?November 8, 2008 at 8:30 am by: netmedi1As Christmas season starts to roll, many retailers in the clothing industry arestruggling with stocking inventory because of the credit crunch. Many of themcannot afford to stock existing and buy new inventories when sales are extremelyslow. The tightening of the credit market makes a lot of small businesses,including those in the fashion accessories and apparel industry, struggle tosurvive. But Christmas is coming. There are still a lot of consumers ready tospend some bucks on buying Christmas presents. But this also means findingbargains on good quality merchandise, could it be in the regular stores or on theinternet.One would think that if you say I’m buying wholesale apparel or wholesale clothingat a wholesale distributor, it automatically means buying it at around 50% lessthan the retail price. Not necessarily. Most wholesalers are buying theirinventories from direct importers. Therefore, prices are not really all thatcheap for the retailers. Unless the clothing wholesale distributor buys in bulk ofthe same style, color and sizes which will mean spending tens of thousands if nothundreds of thousand dollars in acquiring these inventory, the wholesaler does notpay a deeply discounted price. When that happens, the wholesaler passes theburden to the retailer by a mark-up that most retailers can no longer afford. It’sa chain reaction. If the retailers bought it at a higher price, to recoup the costand make some profit, the retailer would then be increasing price by the piecewhich will be hard for the consumer to buy. The consumer will then search out someother outlet that can offer more attractive prices than those of their favoriteapparel store. In turn, not only did the inventory not move, the retailer, doesnot 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 apparelretailer can afford to pass up. First of all, don’t look for an ordinary wholesaleapparel distributor otherwise you don’t get the best deal. Instead search outwholesale apparel liquidators whose main business is buying closeout clothinginventory directly from manufacturing companies, direct importers or those whosebusiness are folding. By purchasing inventories this way, retailers can get anextremely low prices, lower than traditional wholesale, and pass the savings on tocustomers at a deeply discounted price, anywhere from 60% - 80% of the retailprice.Second, if you find one of those closeout wholesale distributors, look out fortheir clearance sales. This happens very often, as a matter of fact, almost everymonth. They offer the clearance items from 90% - 95% of the retail price. How niceis that?My third tip is to look for those companies that offers “free” shipping for areasonably minimum order of only $200 and above in the continental United States.For overseas buyers, find out if they give special shipping to countries likeCanada, Australia, the United Kingdom and the rest of Europe. This gives you moresavings 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 $1000per order. But there are those who allow you to purchase by the package – normally6 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 women’s wholesaleapparel like jeans, dress, skirt, tops, active wear, plus size, accessories or
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