How To Buy Wholesale Clothing To Resale - Best Wholesale Clothing Websites

Source: DHgate, Tag: Fashion & Beauty

Find out the best websites to source wholesale clothing at an affordable price and learn how to resell them for profit later.

  • The essential aspect of any business is buying products at a lower price to resale them at a higher price. The business of buying wholesale clothing for resale is no different. Thus, if you are passionate about starting a clothing business, buying wholesale is a perfect way to start.
    It allows you to source your inventory at the lowest prices, add a few markups, and resale your product at a higher price to make a decent profit. The emergence of e-commerce platforms like DHGate has made the fashion and apparel industry continually grow and change, offering limitless opportunities for wholesale retailing.

  • These websites have made buying wholesale less challenging, as all you need is to find the right place with the inventory you want to sell. Here are the things you need to know to kick-start a successful wholesale clothing business.
    What is a Wholesale Clothing Enterprise?
    A wholesale clothing business offers retailers articles of clothing in bulk for them to resell the items to consumers. Since wholesalers supply their goods in large quantities, they offer them at much lower prices, thus, allowing retailers to price them highly to make profits.
    Some cloth manufacturers sell their products as wholesalers, while other suppliers use intermediaries to link them and retailers. Therefore, understanding the meaning of the wholesale clothing business is critical before you know how to buy wholesale clothing.
    The Difference Between Clothing Wholesale, Retail, and Private Label
    As you plan to engage in the wholesale clothing business, it's essential to understand how it differs from other closing business models to avoid confusing one for the other. The most notable difference is that retail and private label clothing enterprises sell their items to different buyers.
    For instance, retailers in the clothing industry sell their goods directly to consumers rather than any other enterprise. Retailers often source their items from clothing wholesalers. They mostly sell their branded apparel but are more open to selling clothes from other brands.
    On the contrary, private label business skips the whole idea of wholesaling to sell to consumers directly. Its advantage is that sellers have exclusive control of the prices and anything about the selling process. Further, this business creates its products in small orders making them more unique and sustainable.
    Nonetheless, one of the disadvantages of the private label clothing business is that it has a much lower average ticket than wholesale orders; hence, it will require you to make more sales to raise the same amount of money.
    Today, most private label clothing businesses succeed by selling through online B2B platforms such as DHGate. Small stores often buy from private label enterprises to resell the products as part of the collection. The partnership has been critical in helping brands gain recognition and awareness among buyers.
    How to Buy Wholesale Clothing for Resale Through DHgate
    Like any other business, starting wholesale clothing requires a plan, hard work, and persistence. Nevertheless, it's pretty straightforward to start and operate. Here are some considerations for starting and running a successful wholesale clothing business with DHGate.

    • Research About the Industry

  • Before engaging in the wholesale clothing business, it is common to understand how the clothing industry works. This industry has unlimited opportunities but also has its share of challenges. Success in this business requires alertness and agility to stay at par with the rapid changes.
    For instance, the industry relies on several social and pop trends. In this regard, a given clothing design can become the most in-demand commodity overnight. Social media and influencer culture often influence the trend.
    Nevertheless, these quick trends can disappear as quickly as they appear, thus, creating a high risk/reward situation. It is challenging to know which trend to jump on and the amount of inventory to get since forecasting demands is difficult.

    • Decide on a Niche

  • The clothing industry will present you with multiple types and styles of apparel, and you will never be able to sell all of them. Therefore, it’s critical to decide the type of garment your business will deal with.
    The choice of the niche is limited to the type of clothes to sell and your target audience. For instance, if you settle on selling t-shirts, decide on the type of retailers or consumers you will sell to. Ask yourself if you will be selling to luxury or discount stores, men, women, or children.
    You can niche yourself further to a brand that resonates with a very specific target group. This can be in line with the clothing style or how it is designed. For instance, sustainable fashion has been a popular trend for now. Getting this edge is essential for creating a better connection with the audience.
    With a concise idea of the type of clothing and the clients you want to serve, you will be better positioned to create everything from your business plan to marketing and selling strategies.

    • Create A Business Plan

  • The wholesale clothing business involves several moving parts; hence, starting it with a well-structured business plan is vital. Make sure to highlight the nature of your business, its goal, and how to achieve it.
    The plan for your wholesale clothing business should offer directions for navigating through the startup process. While some enterprises make templates for their business plan, this formalness is not necessary unless the plan is presented for funding.
    Your wholesale clothing business plan should address the following aspects.

    • Build an identity

  • As mentioned earlier, having a niche is essential for the success of your clothing business. However, you should go further and identify what you are going to offer.
    Outline the specifics of your business, stating what you will be selling and to who. Identify the problem that will be solved by your business and build an appropriate client avatar. Further, indicate how you are going to reach your target customers.

    • Finance and budget

  • Business is all about using money to get more money. Like any other business, wholesale clothing involves some initial investments to get things moving. Develop a list of all expenses required to start and the projected monthly or quarterly operational costs.
    Compare the available cash with the approximated expenses to tell whether you have enough to self-fund or require some assistance. In case you need some help, indicate if you need investors or a business loan.

    • Conduct the Business and Legal Paperwork

  • To buy wholesale clothing through DHGate for resale, you must ensure that you have all legal documents to operate in your state. In this regard, you will have to secure all the permits and licenses necessary to run a wholesale clothing business in your area. Additionally, ensure your business has insurance to caution it in cases of eventualities.
    It is recommendable that you consider local guidelines and restrictions to understand what's required of you. It would be best to ensure that your business is legal and protected, as it will be easier to make your tax returns. Be sure to consult with local tax experts and business layers to get everything right.
    While navigating through this legal process, ask about taxes that apply to your orders. Then, decide which types of sales tax to charge on your products.
    In case your wholesale clothing business involves shipping items across borders, be sure to consult with local exporting experts to develop appropriate infrastructure that will ensure seamless exportation of your orders.
    After acquiring all legal documents, you will use them to register as a wholesale buyer on DHGate. The registration process on this platform is free and straightforward. All you need is to log in to DHGate.com to create your account as a wholesale buyer. Be sure to go through the platform's registration agreement before creating your account. Once everything is filled in correctly, your account will be approved to become a wholesale buyer on DHGate. You can now start buying wholesale clothing for resale through the platform.
    Find Wholesalers Online
    Once you have all your paperwork in place and registered as a clothing wholesale buyer on DHgate, you can now start working with wholesalers. Business partnerships are essential in retail; thus, you need to invest sufficient time and resources in ensuring that you find reputable wholesalers to work with.
    Here are a few steps to developing the business relationships:

    • Find Wholesalers

  • There are several ways of locating clothing wholesalers. One way is to identify websites for companies that deal with several clothing brands. The second option is vising the websites of clothing brands you wish to sell. Further, you can also get links to wholesale information on DHGate. However, this information is limited as you may not find enough details about qualifications, pricing, and minimum order requirements. Therefore, it is advisable to use the platform to contact the wholesaler or the brand.

    • Contact Wholesaler

  • Occasionally, you may use the website to contact the wholesalers directly, but you may also be instructed to be in touch with their representatives. The communication process may be straightforward, though distributors of renowned brands are more difficult to get when the business is still new.
    Some wholesalers will require you to show evidence that you operate a legitimate business. Some pieces of evidence include your business license resale permit, and if you have copies of invoices, you can use them to prove that you are in contact with other wholesale accounts. At this juncture, don't forget to ask the wholesalers or their representatives about their terms concerning their prices and how you can start credit terms.

    • Develop a Supplier Relationship

  • Developing a strong business relationship with your wholesale supplier is critical for the success of your wholesale clothing business. A good working relationship with your supplier or representative is a direct ticket to enjoying preferred pricing, exclusive access to in-demand items, and flexible payment terms. Be sure to establish and maintain a good working relationship with your wholesaler by being professional, paying invoices in time, and approaching your representative's concerns before small issues escalate into major problems.
    How to Get and Manage Your Inventory
    Despite the prevailing economic conditions, people will always buy clothes. Therefore, it's essential to know how to source and maintain an inventory for your clothing store. While it will depend on your customers and the brand, here are a few things to consider when getting your inventory.

    • Use online directories. DHGate is one of the best online marketplaces you can visit to get wholesale clothing items. Use this platform to get contact information for a wholesale who deals with the brand you are interested in.

    • Attend trade shows related to the clothing industry. This will allow meeting wholesalers in person and inspecting different qualities of merchandise samples before settling on an ideal supplier.

    • Get inventory from wholesalers that are going out of business. Some stores get rid of their stock at the end of the season. Be sure to take advantage of this opportunity to get your merchandise at a relatively low price and sell for a significant profit.

Once you have acquired your inventory, it is critical to store it properly. Make sure that your clothing store is well-organized to attract the attention of potential buyers.
FAQ
Does DHgate sell genuine clothes?
Yes, DHgate’s clothing items are genuine. Sometimes, their clothes are real replicas of top-notch brands, and that's why they are less expensive. Nonetheless, these clothes are of the highest quality as they meet necessary standard procedures.
However, it’s recommendable to go through products reviews under each category before making your order. The reviews are from guanine customers who have experience with the product and will help you develop a better idea of its quality before buying.
Is DHgate a Good Place to Buy Luxurious and Designer Clothes?
DHgate offers luxurious and designer clothing for men, women, and children. All you need is to go to the platform's website and use the search bar to find your preferred designer clothes. The search engine will get you thousands of luxurious designer clothes to make your choice.
Conclusion
The clothing business is an enterprise that will last forever as people will always buy clothes to enhance their appearance or stay updated with the current trend. Therefore, understanding wholesale clothing for resale is a perfect opportunity to venture into this lucrative business. Be sure to follow this guide to start and run a successful wholesale clothing business through DHgate, which will ensure financial freedom for you.