Do you know that in the U.S. the wholesale distributor industry sales are more than $3 trillion dollars today? It is a huge industry ranging from grocery to food service distributors. More and more people are selling products and their services online and thus, creating a boom for the wholesale industry.
With the rise of consumer ability to purchase, the women fashion industry is soon becoming one of the top performing segments in the whole world. Thus, the fashion wholesale clothing manufacturers are having a great time growing their businesses. Here are a few things they should look out for…
It is all about fashion
People are getting well educated and fashion has become part of people’s lives. This is especially true with South Korea and China transforming into the fashion-driving country. If you are into this industry, always remember that fashion is all about trend. You have to evolve fast enough and become aware of the latest market demand to fill in the supply.
In 2014, a survey carried out in the U.S. found that 75% of women purchased their clothing online before. Therefore, it is wise to say that the fashion wholesale clothing manufacturers should target women as their main customers. The demand for women’s clothes is always higher compared to men’s.
It is all about wholesaling
Get to know your products, manufacturers and the retailers that you are going to work with. Understand what the market requires and try to only go for products that you believe in. In case there are questions surface in your head, do not hesitate to contact any of the parties. The fashion wholesale industry is competitive so try to avoid the price war. You should know how your products are different from others in the market and always have a clear unique selling proposition to stand out from the crowd.
You have to treat it like a real business
Know your profit margin; understand your territory and who the other players in the industry are. Apart from that, keep an eye on the consumer taste and buying shifts. The women fashion industry moves fast and wholesaling is all about volume. You have to pay attention to your inventory and update yourself with the latest trend in the market.
As the world gets larger with globalization, it becomes easier to market and to sell through the internet. The fashion wholesale clothing manufacturers should focus on creating a more viable product, building better value and relationships with all parties.
Visit now at Enewwholesale.com the wholesale fashion marketplace for more information and products!