How to sell bags
Video: Where to SELL your luxury bags | My experience with consingment, eBay etc! 2024, July
The profitability of any type of business depends on properly established relationships with suppliers and customers. Depending on the type of product, there is always the opportunity to seduce a client with either the exclusivity of the product or its low cost. If your choice fell on the manufacture of handbags for sale, the key to your success is reliable long-term relations with clients and low cost compared to other manufacturers.
Instruction manual
1
First of all, decide on your assortment. In case you are just discovering a market or region, it’s worth doing a few test batches, having previously studied potential competitors. Track their assortment and cost, find those types of bags that they do not have in stock.
2
You can trade bags both wholesale and retail with equal success. In order to implement such a model, you will need to create an Internet site on which photos of bags will be posted. Indicate both the unit price for retail purchases and the possible discount for lots from fifty units.
3
Seek outlets yourself. Go to the points of sale, talk with the sellers of bags in order to find out at what price they buy their goods and at what price they are ready to buy yours. In case you cannot compete with their suppliers, you can always open your store.
4
The opening of the store should be accompanied by discounts and extensive advertising. Remember that your task is to attract as many customers as possible and develop their loyalty to your product. Use accumulative discount cards, as well as discounts for an additionally purchased bag.
Useful advice
Remember that your bags should stand out from the crowd, otherwise they simply will not be noticed.