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WHOLESALE – CAN WHOLESALE CLOTHES BE THE NEXT BIG OPPORTUNITY FOR YOU?
Mar 5th
What do you think is a good business for you? Have you ever thought of opening a clothing shop? It is indeed a great idea to make money online. Of course, you would need some products to start this lucrative business online. In this business you would need clothes to start with. Then the best way to do it is to wholesale drop ship clothes. With this you can buy from suppliers, clothes at very low prices but at the same of good quality. Take note, you have to look for reliable drop ship wholesaler that are reliable and trustworthy or else you will just lose your cash investment.
Tips on Buying Clothes from Wholesalers
o Look for Quality Clothes
Cheap clothes have their edge, you can have higher profits. Sometimes cheap wholesale clothes have poorer quality and these can be a turn off for a lot of customers. If you have clothes that are made of good quality then this is what will keep your customers coming back for more. It is safe to deduct that there are a lot of people who loves branded stuffs.
o Do Some Checking
When a batch of new wholesale clothes comes in for a supplier do some checking or much better before a batch of items is shipped for you just ask for a sample. Your wholesaler will be more than happy to send you one. If it passes what you expect it to be then it is safe to order a shipment. It is better to be cautious than to have regrets later on. You can easily lose a profit if you do not do some checking.
o Shipment Matters
Before you make a business deal with a clothes wholesaler be sure to ask first the terms of the shipment of clothes. It is very important to know if they will take care of the delivery or will it be charged to you. There are a lot of available wholesalers who takes care of the shipment itself. If the wholesaler you are dealing with does not include free shipment in your business deal then you can adjust your prices to include the shipment costs. Just make it affordable so that your products can be easily sold.
Author: Thomas H. Gates
Article Source: EzineArticles.com
Provided by: Gadget reviews
WHOLESALE GOLD JEWELRY TRADING GUIDE FOR ENTREPRENEURS
Mar 5th
For those of you who are thinking about selling gold jewelry, it is crucial that you understand fully how to determine the price for gold jewelry. Not only this can help you to tell a good deal from a bad one, it also helps to analyze your competitors and understand the market better before you make any investment.
Gold price
The most important part of wholesale gold jewelry trading is to understand the breakdown of the cost of a piece of gold jewelry. Let’s say the current good price is $500 per ounce. To calculate the cost of gold for a piece of 14 karat gold jewelry that weighs 3 gram without any stones, we first divide the price per ounce by 31.5, to get the price per gram, which is $15.87. This is the price of pure gold. To convert this to 14K gold, knowing that there are 24 karats in pure gold, we divide $15.87 by 24 and multiply the result by 14. The price per gram for 14k gold is roughly $9.26. Therefore, the total cost of the gold for a 3 gram ring would be $27.78.
Labor Cost
Another major part of the cost for a piece of gold jewelry is the cost for labor, especially for pieces set with precious stones. Gold jewelry generally requires some filing and polishing after it is cast out of the mold. The labor cost can sometime be as high as $2 per gram, depending on the origin of the jewelry and the style. In addition, the cost of setting any stones on a gold jewelry can be over one dollar per stone. Certain advanced setting such as channel set and invisible set cost even more because of the high level of craftsmanship required.
Markup of Competitors
A good way to analyze if a certain style of gold jewelry is profitable and beneficial for a business is to understand your competitors’ prices. Since you already know how to calculate roughly the cost of a piece of jewelry, and therefore the price that you can get it, buy looking at the markups of your competitors, you may get an idea of how severe the competition is. For instance, if the competitors are marking up the jewelry three times of the cost, the competitiveness of that style is not really that high. On the other, if everyone has the same pricing and the markup is 50% above the cost, the style might have already saturated the market.
Volume trading
Another angle of looking at the pricing issue is that when the competitors are marking up at a low margin, the item is probably accepted by a lot of consumers. The justification behind it is that when the profit per piece is low, and people are trading them actively, there probably is a high demand for it. On short, the higher the profit margin, the low the volume of sales and the low the profit margin, the higher could be the volume of sales. Another point that is worth noting is that the volume theory also applies to jewelry vendors. If you buy in large quantity, pricing should go down automatically. Therefore, running a successfully business involves getting the balance between all the factors within the resources and infrastructure you have such as employees and capital.
Closeout Jewelry
Since jewelry business is highly time-sensitive, styles that were once popular several months ago may not sell at all couple months later. Therefore, when buying gold jewelry wholesale, you should estimate the monthly sales and stock according to the sale volume. For example, you may want to stock a certain style for two months worth of stock and restock it when it runs out in order to minimize the closeout items in the inventory, which is sometimes referred to as inventory shrinkage.
By understanding the market and your competitors, you can reduce the mistakes during your entrepreneurial endeavor, thus increase the chance of succeeding tremendously.
Author: Scott Murf
Article Source: EzineArticles.com
Provided by: Cellphone news
WHOLESALE CLOTHING PRICES – GET BETTER WHOLESALE CLOTHING PRICES AND MAKE EVEN MORE PROFIT
Mar 3rd
Given today’s economic difficulties, finding wholesale clothing firms that are ready to give you even better per unit rates is easier as long as your buy in bulk. Everyone; including the wholesaler, is looking to survive through the recession. These firms are willing to accept lower markups on items sold in bulk so they record sales and remain in business. This can also be good for the overall economy and help end the recession. Being a dropshipper, you propose to cut the mark up on the wholesale purchases. This way, you can pass on the savings to your online retailer customers. Potential customers who realize the cheaper price on one item of clothing will often be motivated to get more savings by buying even more.
Consequently, the increase in total sales transacted translates into increased revenue for the dropshipper as well as the wholesaler; driving up profits all at the same time. Wholesalers who are also manufacturers are eager to to keep their machines in operation making the clothes as opposed to allowing them to sit idly and unproductive. These investments are meant to be making returns 24 / 7. Any proposal that keeps the machines in operation; even if it requires a reduction in markup, will be welcomed with open arms.
The business is still viable even if it is operating at less than optimal capacity. Things just keep flowing as the online buyer of the clothing will be quite happy to see the reduction in price in these tough times. Negotiating lower rates with your wholesale supplier by buying higher volumes with each order enables you to keep your customers and suppliers happy.
They are often just as bad off if not worse off as they struggle in these turbulent times. They attempt to maintain a certain amount for clothing as this is one of life’s necessities. It is often useless to always look to the government to take action in dealing with the recession. It ultimately comes to each person rolling up his sleeves to help in whichever way he can to overcome the bad times. Government does all it can; people working together can do so much more.
Author: John C. McPhersan
Article Source: EzineArticles.com
Provided by: Programmable Multi-cooker
CREATIVE REAL ESTATE FINANCING FOR WHOLESALE DEALS
Mar 2nd
This info is very important for both new and experienced wholesalers, AND buyers of fixer-uppers, to carefully read and understand. We learned it painfully, hopefully you won’t have to 
Often times we are asked by investors about using conventional financing for their investor deals. In other words, they want to go through a bank or other similar lending institution to purchase a fixer-upper from us, or another wholesaler. The obvious advantage is that rates are cheaper, and the loan origination fees (many times referred to as “points”) are both much less than “hard money” (loans from individuals or small institutions specifically for investor type properties, with rates ranging from 5 points and 15% interest to 10 points and 18% interest). There are, however, some obstacles to using conventional financing of which you must be aware.
First of all, these banking institutions will only loan on inhabitable, decent condition property. So if the property you are considering needs major repairs, forget this type of financing for the most part. Next is how you have structured the deal. Because of all of the recent frauds cases where banks have been burned, we have been unable to locate any conventional lenders willing to loan on a deal that has been “assigned” from the Buyer listed on the Purchase and Sales Agreement to a third party. They require that the Borrower be the Buyer named in the Agreement. And they absolutely will not fund the Assignment Fee.
You can get around this if you can live with either of these solutions:
1. The wholesaler re-writes the Agreement with the Seller listing the new Borrower as the Buyer. This solves the paperwork issue. The Buyer will still have to fund the Assignment fee with some other source of funds. The wholesaler in this scenario is not protected because none of the paperwork demonstrates his right to purchase the property, nor the assignment fee to be paid. A separate agreement would have to be established with all of the parties. You see how this can get very complicated and cumbersome. By the way, even if you have a cooperative Seller you can not just list the inflated price (original sales price plus Assignment Fee) on the Agreement with a stipulation that the Assignment Fee portion will be paid to the “Wholesaler” at closing, because then the wholesaler’s fee will show up on the Seller’s side of the Settlement Statement appearing as if he acted as a Real Estate Agent. Note: This may be OK if the “Wholesaler” is in fact an agent. They’d need to check with their Broker.
2. The wholesaler must become the owner of the property and in the chain of title. Then he can legitimately write an Agreement with the Buyer listing the full price of the property including the assignment fee. The wholesaler can accomplish this with a cooperative Seller using short term Seller financing, “subject to” financing, or a short term bridge loan from a home equity line or private lender (usually friend or family). As long as the loan-to-value (LTV) still fits their requirements, the banks will loan on the new purchase price – thus funding the assignment fee.
The other item to keep in mind when considering conventional financing is that it is relatively slow. Many mortgage brokers will tell you that their loans will be ready to close within 10 days to 2 weeks from submission. The reality is that they can only guarantee that they will process the loan and get it to a lender within a short period of time. With the current rush for refinances, most lenders’ underwriting departments are backlogged – and applications can get stuck there for a week or more. They will also issue conditions that must be met, then submitted back to underwriting for final approval. Then add another couple of days for the loan package to be prepared and sent to the attorney.
To be safe, you should count on three weeks to a month for a loan to close. If it closes sooner, you’ll be pleasantly surprised. If the deal doesn’t allow for that much time, you may want to consider alternative funding sources so you don’t lose it all because time has run out and the loan isn’t ready.
Conventional financing does have a place in wholesale deals. We’ve closed several ourselves – but it doesn’t work in all cases. You need to understand the process, and what will fly, and what will just kill the deal.
Best of success & abundance,
Lou Castillo
Author: Lou Castillo
Article Source: EzineArticles.com
Provided by: Programmable Pressure Cooker
WHOLESALE JEANS – 6 INTERESTING FACTS TO SACKING YOUR JEANS ONLINE
Feb 25th
Symbolizing its vitality of the West to every part in the world, Jeans are like the Coca Cola of clothing. Here are some interesting facts why it would be such a big hit to sell it online:
1. Every American owns at least 7 pairs of wearable jeans – Jeans have been a part of the American tradition. It is the most liked and used clothing everywhere in the world. The top most reason why this wouldn’t fail you! Be it a brand new designer jeans or a used Levi’s.
2. Jeans especially denims are made from the world’s most popular fiber – cotton. This is also one reason why most people would prefer wearing jeans because of its material. It is much more comfortable to wear than suits and dress plus you can freely move and work around with it.
3. In manufacturing jeans, the big percentage from the earnings goes to the sellers or retailers. Only 12% goes to the manufacturer and more than half goes to the retailer so this is one good investment that business people can jump into.
4. Sometime in 1970, Australians were catching up with the jeans hype which made them bought 3.5 million pairs of jeans and 1.2 million men’s suits.
Over the next 20 years, the sales result between jeans and suits had a complete turnaround. Sales in jeans tripled while sales of suits fell by more than half.
5. Moving on to 1993, Levi Strauss, the first producer of jeans, has made a success with the operation of 700 plants in 60 countries. Levi’s has continuously suited the taste of the buyers by making 200 different styles of blue jeans alone. This success was even magnified with the increased in the company’s market value. The increased has grown to105 times from the period 1984 to 1997 which was almost as much as computer-software giant Microsoft.
San Francisco-based Levi Strauss’s achievement has made them the world’s largest clothing manufacturer with annual sales worth $7 billion. The reported annual sale accounts for the 71% jeans or jeans-related items sold. It was also said to allocated $300 million for its annual publicity in the US and $200 million outside as stated in one of the articles of the New Internationalist magazine.
The above figures are already an indication that jeans have been widely accepted and loved by almost everyone. It also merely points out that selling jeans have been a continuous success in the market.
6. Levi’s share of the US jeans market dropped from 48% (1990) to 26% (1997) losing the 27% share to the VF Corporation (Lee, Wrangler and Riders labels). A 10% share was taken by upscale designer labels. This is even good news to sellers as more and more options is provided for the buyers.
With all the statistics mentioned above, you will sure wonder how you can sell one with the very competitive market. Another interesting fact that was not mentioned above is that of Salehoo. What is the connection?
Before I connect the dots, let me first give you an insider on Salehoo. It is a popular website directory that helps and guides sellers or retailers on becoming a successful online retailer. The site has more than 150 product categories that are regularly updated. They are providing excellent customer service and are an authorized member of various regulatory bodies including Fair Trade Authority (FTA) and Better Internet Bureau.
So what again is the connection of Salehoo and jeans? Simple! You can start selling jeans by getting Salehoo as your partner. Salehoo will give you access to their database of wholesale jean supplier and legitimate drop shippers. They have made online business easy for you.
Drop shipping can really be sometimes a scary thing. That is if you will manually look for a drop shipper that you can really depend on. With Salehoo, you know you have something to rely on for they ensure that they only get the best and trustworthy suppliers, wholesale distributors and drop shippers.
Author: Jennifer Kauffman
Article Source: EzineArticles.com
Provided by: Digital Camera News
BEAT THE ECONOMY WITH A WHOLESALE DROP SHIPPING BUSINESS
Feb 12th
Our economy is continuing to get worse. There are numerous individuals that have already lost their job and are a lost of how to make an income. There are opportunities available. You could be a drop shipper and sell items online. It is a very profitable business if you do it correctly and work hard. You simply need to know how to do basic computer skills in order to make your business succeed.
One of the most popular things to do currently is operate a drop shipping business. Women’s clothing is always a hot commodity so this would be a perfect business to start. Clothing is a basic need and women shop. The two go hand in hand. If you are unsure about women’s clothing consider children’s clothing. They both sell very well through online businesses.
The main part is to find a wholesaler that specializes in women or children’s clothing. Find the one with the best prices. In order to determine which is the best you will need to research quite a few companies. You also need to determine what you will sell your clothing for. Do an online search for the clothing item you are considering, to determine what the current selling price is. If you purchase wholesale, the item will be sold by you for what the listing price is so do not think you can not make money buying for the price you see the item being sold for.
There are a lot of wholesale companies that will promise you special deals. If the price seems ridiculously low it is probably a scam. You should go with a company you can verify as a legitimate company. Do a lot of checking on every company you are considering. The wholesaler you choose should also be a drop ship company. This means you will order your product from them after you sell it and they will ship it under your name to the buyer.
It is basically a simple process to get started. Just use common sense and do not get to greedy in pricing. If you try to sell something for way to much money just so you can make money, you will not make any sales. Do your research, determine what to sell, put them on your site, and make money.
Author: Marly V. Brightman
Article Source: EzineArticles.com
Provided by: Canada duty
WHOLESALE DROP SHIPPING – A GENUINE BUSINESS OPPORTUNITY?
Feb 12th
If you have been looking for ways to start an online business cheaply, then the chances are you have come across wholesale drop shipping. However, you may be wondering whether this is a legitimate business opportunity or simply another scheme designed to make a few quick pounds for people with questionable ethics, whilst you are left still searching for a way to start your own business at home.
Firstly, let’s clarify what drop shipping is; a drop ship company sells products at wholesale price but allows you to buy individual units and crucially, they will deliver the item to your customer on your behalf. This gives you access to goods at wholesale price but without having to spend money on stock until you have buyers. With a wholesale drop ship company you simply market the product you would like to sell and purchase the items as and when you make a sale, having it delivered directly to your customer.
On the surface this idea looks too good to be true. Why would a company allow you to sell their products without actually making a purchase? Why would they pay to store the products and then offer them to you at wholesale prices?
Well, the answer is simple; offering drop shipping services as well as, or instead of a standard wholesale service gives smart wholesale companies the opportunity to sell more products. By offering a drop shipping option they instantly make their business appeal to a much wider market – think about how many people are out there looking to start a business from home, with very little financial commitment; many people who could never afford to buy wholesale stock, or would not be willing to take the risk of investing in stock they may or may not be able to sell on suddenly see online retailing as a viable business idea if they have a chance to make money without any upfront financial commitment.
So, whilst there may be extra running costs for a wholesale company that offers drop shipping, it is greatly outweighed by the benefit of an additional income stream. The profit margin of drop shipping may be smaller than of simply selling wholesale, but the market is bigger, so less becomes more.
Now the next important question to ask is whether drop shipping can provide a stable and sustainable basis for an online or home based business. We’ve established that drop shipping is a genuine business concept but we need to know that it works in practice. For drop shipping to enable you to build an online business the drop ship company to meet certain basic criteria.
Firstly, the wholesale drop shipper needs to offer a decent selection of items at competitive wholesale prices. The online retail market is extremely competitive and your online business will never get off the ground at all if you cannot source products at a good rate. They also need to have a reliable stock; if their merchandise runs out every other day you will never get anywhere.
Secondly, and probably most crucially, they need to provide a good level of service; there’s no point putting all your effort into making sales if your drop shipper has a poor delivery service, or worse still provide faulty merchandise. Building a profitable business with drop shipping is dependent on the reliability and professionalism of the drop ship company you choose. You can do everything right, create the perfect sales pitch and make hundreds of sales but if they run out of stock, without updating you promptly or fail to deliver the goods to your customer in a timely and professional manner you will go out of business quicker than I can type the words.
Any retail business is built on customer service and the major downfall of drop shipping is that the most important part of the online sales process is out of your control, you are completely at the mercy of the wholesale drop ship company you choose to work with. Repeat business is one of the main ways to build a business quickly but poor after sales will kill any chance of customer loyalty. Worse still, if you choose to sell via eBay, which is one of the best places to start an online retail business, negative feedback from past customers will put off any potential new buyers.
So the pitfalls of working with a drop ship distributor are clear but this doesn’t necessarily mean that drop shipping is something to steer clear of, what you must do is choose your drop ship partner carefully. As with most home based business opportunities there are plenty of people out there simply looking to rip you off. But, if you are cautious you can avoid the scams and make a success of selling online with drop shipping.
When you are looking for a reliable drop ship company be wary of those companies or wholesale supplier directories that ask for a fee. Some of these companies are legitimate and it is not necessarily unreasonable to charge a membership fee but be particularly wary about any companies requesting a monthly fee. Take your time, research your options and the more trustworthy companies will stand out.
The next stage of selecting your wholesale drop shipper is to look at their stock. At this point it is very important to research your market. Say, for example you are looking to sell via eBay, you need to look at your potential competition – to start a successful business you have to be able to match their prices. Check out what is selling and for how much, look at completed sales as well to see what is popular and what prices you could hope to achieve. Can the wholesale supplier you are considering offer you low enough prices? Do they stock in demand items?
Finally you need to test their customer service. Email them with a few questions; how quickly and helpfully they respond is a good indication of their general attitude towards customer service. You could even go as far as to run some test purchases, order an item or two and see how well they manage the delivery process – are the goods well packaged, arriving in good condition; do they arrive promptly?
Perhaps this sounds like a lot of work and that there are a lot of potential problems with drop shipping but this need not put you off. There are decent companies out there and if you do your home work you can build a successful business.
Author: Rebecca Hoxha
Article Source: EzineArticles.com
Provided by: How Electric Pressure Cookers Work
START A MORE PROFITABLE BUSINESS WITH WHOLESALE CLOTHING
Feb 5th
When you are about to start a wholesale apparel business, what type of line or kind of clothing would you choose as your major industry? Many have said that marketing ladies’ clothing is more lucrative than men’s clothing; this is because ladies are more style and fashion oriented than the men. But did you know that aside from ladies’ clothing, children’s clothing is said to be the most lucrative?
The reason why a wholesale child’s clothing business is much more lucrative than that of men’s or women’s is because children grow up faster. Another reason is because children love to buy colorful garments, especially for the girls, and parents are obligated to provide what their kids want.
Cashing in on the baby boomer’s baby boomlet of the 1970s and 1980s, the kids’ clothing market is estimated to account for twenty billion dollars to twenty two billion dollars in sales every year and is considered among the fastest-growing segments of the overall retail and wholesale market.
Even though young girls have been known to throw temper tantrums when they are forced to wear gingham jumpers to pre-school, you are not really targeting children here. You are aiming more for their parents-at least the parents of kids up to age ten, those who still make the executive decision when it comes to their kids’ clothes.
The bulk of wholesale children clothing sales, up to sixty percent, come from those pretty matching outfits, like matching top-and-bottom coordinates. When it comes to colors, seasonal fashions like animal prints come and go, but the consistent top merchants are still-no surprise here-pink, light blue and green.
But why choose one type of apparel to sell if you could start with offering women’s, kids’ and men’s clothing? Many wholesalers today does not only offer wholesale children clothing but a whole lot of them like wholesale urban wear, or wholesale street wear or wholesale women’s and men’s clothing. But there are a few things to consider before venturing in this type of business.
In a wholesaling industry, selecting what item or service to provide is an important part of its growth. Sure it may be lucrative if you could offer a wider variety of selections, but when a trade is just starting out, a business like this would require more skills, experience and dependable vendors and providers to get it through. So it is best to just start little at first and advance to the large leagues when you think you are ready.
Author: Jacky Marian
Article Source: EzineArticles.com
Provided by: Cool mobile gadgets
