FASHION TIPS 28 June 2023

The Ultimate Guide: How To Buy Wholesale Fashion Online

If you're thinking about becoming an independent retailer or looking to grow your fashion business, you're in the right place. In this post, we'll explore the process of buying wholesale fashion online, so you can hit the ground running with a profitable and scaleable business.

Understanding Off-Price Wholesale Vs Traditional Wholesale

Before we look at how to buy wholesale fashion, it's first essential to understand the difference between off-price wholesale and traditional wholesale.

Traditional wholesalers purchase goods directly from manufacturers or brands and sell them to retailers at a higher cost. This results in a significant markup on the original price.

Alternatively, off-price wholesale distributors specialise in handling excess stock from brands and manufacturers. They purchase surplus inventory at below-wholesale prices. This business model allows off-price wholesalers to sell these high-quality goods at a significantly lower cost than their traditional counterparts.

Along with profitability, off-price wholesale takes a different approach to quantities and, in doing so, provides retailers with more versatility. Unlike traditional wholesale retailers who will often require businesses to order in bulk, off-price removes minimum quantity orders and allows retailers to curate their inventory. This allows retailers to keep up with the fashion industry's constantly evolving trends.

Steps to Buying Wholesale Fashion Online

Find the Right Supplier

As a retailer, finding the right supplier can make or break your business. With many off-price wholesalers available, narrowing down your choices to a reputable, reliable supplier is essential. Bundlex, for example, has a wide range of high-quality clothing items from renowned brands catering to varying fashion tastes.

Understand Market Demand

Prior to making any purchase, conduct a thorough market analysis to understand what's trending and what your customers want. This understanding ensures you stock items that will sell.

Check Minimum Order Quantities

Different wholesalers have different minimum order quantities. Be sure to check these requirements before purchasing. Remember, you want to get a wide variety, but you also don't want to be stuck with excess stock.

Luckily for you, Bundlex doesn’t have a minimum order on quantities. Our minimum order value is set at 250€ for your first order. Then at just 500€ for every additional order. Plus, all customers will receive 10% off their first order.

Review Return Policies

As with any online purchase, reviewing the return policy will help to safeguard you in case of any unexpected issues.

At Bundlex, your satisfaction is our priority, which is why we will accept returns in case of faulty or incorrect products.

Verify Payment Terms

Understanding the payment terms is also essential. This will help you effectively manage your budget and cash flow.

Understand Shipping Policies

Buying wholesale clothing is only the first part, with getting them delivered equally important. When looking at shipping, it's not only important to factor in cost but also time, as this can affect your inventory.

Fortunately, Bundlex offers quick, flexible, cost-effective shipping solutions that are suitable for businesses of all sizes. Whether you prefer fixed rates at checkout, a custom shipping quotation, or picking up your order from their warehouse in Italy, Bundlex has a quick and affordable shipping solution for you.

Key Tips for Curating Your Offering with Wholesale Fashion

Consider Seasonality

By planning ahead and purchasing stock for the upcoming season, you not only set yourself of potentially greater discounts, but you also stand a better chance of staying one step ahead of competitors.

Stay Up To Date With Trends/

The fashion industry is renowned for its constantly changing trends. To stay competitive, it's essential to stay updated with the latest trends via fashion shows, social media and media. This helps to ensure your stock remains relevant and appealing to your customers.

Quality Over Quantity

While lower prices are always great, compromising on quality may cause a high customer turnover. So, before making any wholesale purchase, pay attention to materials, craftsmanship, and brand reputation.

Customers want the best of both worlds, which is why off-price fashion is a great way to provide your customers with high-quality items at an affordable price.

Your customers, and your bottom line, will thank you for it.

Buying wholesale fashion online, especially through the off-price model, can be a game-changer for your business. It offers an excellent opportunity to stay on top of the fashion game while boosting your bottom line.

So if you're ready to find out what Bundlex can do for you, get in contact today.

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