If there is one industry that will always be in business, that is the fashion industry. What makes the fashion industry unique from other big businesses is change. The size of the industry has grown for many years and it does not show any signs of stopping. As you can imagine, opening a clothes shop is big business. You enjoy high income and you do not even have to sell a high volume of merchandise. Yes, you can make big money selling clothing.
Do you want to start your own clothing store? We can only assume that your desire to open a boutique is not because you have a passion for fashion, but because you have a good business sense. You should know that there is a right way and a wrong way to starting a clothing boutique. If you genuinely want to sell clothes, consider starting an e-commerce business. The costs for an online store are low, not to mention that you do not need technical skills. But what about inventory? You cannot have a clothing boutique without wholesale clothes. When it comes to creating a high profit with low investment, drop shipping is the answer.
What Is Drop Shipping?
Drop shipping can be defined as a retail fulfillment method that gives you the possibility to purchase products directly from the wholesaler. Simply put, you rely on suppliers when you need to ship orders to your customers. As a fashion retailer, you can sell a bunch of merchandise without having to stock any inventory. What you are doing is selling clothing that you do not own. So, you can set up your Shopify store and start selling.
How Drop Shipping Works
If you want to make money with e-commerce, no matter what clothes you want to sell, you should definitely make use of drop shipping. If you do not gotten the drop shipping fundamentals right by this point, it is time you did. If you are an online merchant, things are pretty easy. You have clothes shipped from the wholesaler to customers.
Would it not be great to not have to chase down suppliers? Thanks to e-commerce tools like Oberlo, you do not have to. You can import clothing products directly from suppliers into your store and ship them to your customers. You do not keep the goods in stock since you can import them in your store. What is more, there is no need to transfer customer orders and shipment details on to the wholesaler. You can do that yourself.
Benefits of the Fashion Drop Shipping Business Model
The best way to get into the fashion business without spending a small fortune is to import wholesale clothing to your web-based store. There are any reasons why e-commerce clothing retailers should consider drop shipping.
1.Selling Products Online Without Inventory
Carrying a wide variety of clothes, adapted to the specific needs of your customers, is preferable. The great thing about drop shipping is that you can buy many items in bulk and you do not have to deal with the hassles associated with inventory. You can add just about anything to your inventory. There are no limits to what you can add to the products list on your website. The only thing you need to worry about is picking the right apparel to sell and making a landing page for each product.
Your fashion business can be based anywhere. This means that you can run your clothing boutique from your vacation home or dinner table. You will need a good Internet connection though. If you do not have a good Internet connection, you will not be able to communicate with customers, let alone make purchases.
3.Customer Service Is In Your Hands
Customer service and business reputation are essential when it comes to doing business in the fashion industry. If you use a tool like Oberlo, you have complete control of the customer service. In the event that you receive calls from customers about their orders, you will be able to give them details because you have shipment tracking. You always know where the orders are.
4.Saving time and money
When you agree to a drop arrangement, you enjoy a high degree of flexibility. To be more precise, you do not have to worry your head with things like receiving and stacking apparel. You thus save a great deal of time. What is more, you do not have to dig deep into your pockets. You do not buy the clothes until customers place orders.
Drop shipping is not easy
Contrary to popular belief, operating a clothes shop, especially when you resort to drop shipping, is not easy. It is largely believed that running a dropshipped e-commerce shop implies no costs. Of course, it does. You are buying from clothing suppliers, who add their fees to cover the expenses involved with offering you such a service. To get your money back, you will have to offer your customers a higher price tag.
It is very important to do some market research before you start selling. You should not assume that the clothes you like are trendy. Make sure to see what is in and out of fashion.Another thing to keep in mind is that you have to manage your listings. Some buyers may want to know where the apparel comes from.