TThere are two elements that are important to expanding the reach
of your wholesale business.
The primary element is having the capacity to source closeout stock at
beneath the published
wholesale costs, and the second element is
having the capacity to properly market your items.
It happens that in the fervor of maintaining your business you can make
some truly astonishing
closeout purchases and afterward simply in the wake of accepting your stock you
then struggle in trying to figure out to sell it.
I know this has transpired commonly, particularly when I initially began my discount business some time back.
I bought a very large lot of artistic looking postcards, and my wholesale cost was about a penny each.
When I received the postcards I was truly energized,
particularly since the images and quality were really
I knew I could do well with them, yet I had one noteworthy test.
I didn't set aside the opportunity to consider who I would offer them to.
I eventually had no choice but to
wholesale the postcards to a
discount store in Connecticut for
a tiny profit over my wholesale cost.
That experience, and numerous others like it,
has shown me some significant lessons on the importance
of ensuring that I can
find a way to sell the merchandise that I buy.
I would recommend the 5 methodologies for
locating clients for your overstock merchandise.
1. 1.- The Yellow Pages. Whether you utilize a print or online version,
assemble a database of stores that
concentrate on the sort of stock that you have.
If you are wholesaling Calvin Klein dresses
then you want to compile a list of boutiques
that carry brand name dresses.
These retailers are relying on providers like you to
bring them stock which they can then stock
and offer to their clients.
2.- Your loved ones are superb clients.
They believe you, will give you time, and are cheerful to
bolster your business, particularly on the off chance that you are giving them an incredible deal.
If you have bought a lot of Michael Kors handbags, and
can offer the handbags to your relatives
for less than what they would pay for
them on Amazon or eBay, they should
be happy to buy them from you.
3.- Craigslist is a goldmine.
it is completely free to advertise, and you can create
as many classified ads as you would like.
You can create ads on Craigslist for
everything from Coach handbags to Nine West shoes to
Polo Ralph Lauren kids clothing!
Remember that people shop for
Craigslist because they are
looking for a bargain.
4.- eBay. I know everybody and their adjacent neighbor have officially found out about eBay.
Do you know why so many people
sign up as eBay sellers? Since the auction site can
deliver millions of potential bidders.
5.- Give your fashion inventory
to a store on credit. Essentially make a connection with a retailer that you can trust, agree on the terms and the resale value
of your items, and afterward split the returns according to your
The retailer benefits from this arrangement by
not having to spend money out of pocket
to buy your wholesale merchandise,
and you benefit by having the retailer
work to sell your merchandise.