Are you thinking of ways how to earn money online? Perhaps you are already thinking that you want to sell clothing online but you are not sure how to go about it. If you are thinking about selling clothing online, do you already have a reliable wholesale supplier?
Since you are still learning the ropes of selling clothing online, you need to know that there are two options from which you can chose so that you can have items that you can sell for your online business. You can choose to purchase your stocks wholesale or you can chose to team up with a drop shipping company.
If you want to buy your stocks in big volumes, Salehoo can give you a directory of wholesalers and dropshipping facilities who can definitely answer your call. Since you are buying in bulk, these suppliers can give you discounted prices so you are able to get your stocks at a lower price and resell them at reasonable prices in your online business.
Getting your stocks from wholesaler suppliers may have its benefits in terms of the discounted prices but there are certain disadvantages to this type of transaction. You must realize that you are shelling out your money upfront and add to that the cost of storage, shipping towards you and from you to your customer. These additional expenses mean a substantial chunk of money which should have been part of your profit. It can be bigger if you will monetize the amount of time you spend to get the orders ready and ship them to your clients.
But you should be aware that there are certain risks involved in dealing with wholesale suppliers. There is no guarantee that all the stocks you have purchased and paid for can all be sold. You might end up with a substantial number of unsold clothing and you have no choice but to lower the price which can definitely influence your profit.
An alternative source of goods for your online retailing business is a drop shipping facility. It is less risky compared to wholesale because your stocks will remain with the supplier. If there is someone who will buy your clothing online, all you need to do once the customer has paid for it, is to inform the drop shipper of the order, and it is now the job of the drop shipper to package and ship the item directly to your client.
Although drop shipping may sound better because it is more convenient for you and is a less risky option, prices will be higher compared to wholesale suppliers because drop shippers are doing the dirty job for you. Another disadvantage with drop shipping is that you don’t actually see the clothes that you are selling; therefore you will not be as confident in guaranteeing their quality. You just have to trust your instincts here. You should also take into consideration the reputation of your drop shipper. Remember that customers can leave feedbacks. And these feedbacks can make or break your online business. If your client is not well satisfied with what he has paid for then your online business can suffer.
When you are able to really point out what you want to accomplish in your online business, Salehoo can help you make the best decision so you can select the option which is most ideal and profitable for your online business.