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Wholesale
Garment Bags
When
looking for wholesale garment bags, you need to decide if you are only
looking for price or if quality factors into this at all. There is
another possibility too. Perhaps you aren't looking for wholesale
garment bags, but rather just a wholesale price (in other words, you're
only looking to buy one).
But for the moment, let's assume you meant to buy more than one. Okay
now, you need to decide what material they will be out of. You can get
them in leather, canvass, plastic, synthetic leather, etc.
Also, you need to figure out the exact quality you are looking for. If
it was made in Asia, then it won't be as good as if it was made in a
Western country. At the same time, the price will be far, far more per
piece.
How many wholesale garment bags are you looking to get at once? If you
need more than 100 at a time, you will get a good price per one.
However, if you are looking to resell them, but you don't have a proven
market yet, then you'll probably want to looking into having them
dropshipped.
Your margin will be quite a bit lower this way, but also, you don't
have to have any money tied up in inventory. It's really quite an ideal
situation. You see, after you have proven the market (or rather proven
than you can sell garment bags), then you can start to make wholesale
purchases and get larger discounts.
When selling them, be mindful of your competition. You don't want to be
selling them for way more than someone else who is easily accessible.
That's a good way to run your business into the ground. However, in the
retail trade, margin is king. If you sell so tight, you risk running
yourself out of business before your competitor is run out.
Also there is the risk that he can get his wholesale garment bags at a
better price than you can. In that case, he may cut his price, and
you'll still be stuck with no margin and out of business and he's
laughing because you did it to yourself.
If you really want to starting selling your own wholesale garment bags,
then you should seek out markets that don't have obvious competitors.
There will rule.
The way to find these kinds of markets is simple. You want to go
looking around for areas that have someone who is about to travel or
who travels a lot. Coffee shops are good in a business district. Travel
agents would be good to form a relationship with. You can actually
joint venture with them and give them a portion of all the business
they refer to you or a piece of the action for all the clients you win
out of their client database.
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