How to trade things profitably

Trade in clothes is one of the most profitable and stable types of business, since net profit can be more than one hundred percent. In addition, clothing does not require special storage conditions, does not deteriorate over time and is an actual product in any period of the year.

Instruction manual

1

In order to profitably trade things, you need to think about the initial spending. As a rule, a significant part of the start-up entrepreneur’s start-up capital goes specifically to purchase goods, so you need to choose those positions that will be bought as quickly as possible, albeit not with the maximum profit.

2

An example is seasonal outerwear, especially winter. With the onset of the first cold weather, many people recall that it is necessary to update the wardrobe, and go shopping. However, you should not invest all available funds in one or two positions, it will be much more reliable to purchase one size range of each item in order to fill the store’s hangers with various goods. By the way, it will be useful to add accessories to winter clothes: scarves, gloves and hats.

3

For your store, it is better to choose mid-range products. In this case, on the one hand you will have a sufficient range for a good profit, and on the other hand, a more stable income than if you were trading the most expensive brands of things. In addition, your starting capital may simply not be enough for a sufficient number of branded goods of the highest price level, and as a result, your store will be half empty.

4

Another caveat is that, as a rule, buyers try to go to branded stores rather than to small pavilions for expensive things, since a large store representing one brand can afford a wider model range.

5

In addition to seasonal goods, underwear, men's t-shirts, socks are in great constant demand. And although it is unlikely that you will be able to get significant profit on the difference between the wholesale and retail prices, such positions will provide you with stable income throughout the year. In addition, these products do not take up much space in the warehouse.

6

An important role is played by the choice of a place for trade. Please note that in any place, buyers are counting on a certain level of quality and prices, and if people are ready to pay 5-10 thousand rubles for a branded T-shirt in a boutique in the city center, then in a residential area such prices will cause bewilderment.

Useful advice

Before making your first purchases, spend some time researching the market to identify the most popular trends.