Buying wholesale clothing from Australian clothing wholesalers may seem like a relatively straight forward procedure. You register with the clothing wholesaler of your choice, view their catalogue, place your order & a few days later the courier delivers your parcel.
At least that’s what it seems like on the surface, but in reality there’s a lot more to it – there are many more things to keep in mind. If you don’t put enough thought into the other aspects of your order, you could end up with serious financial problems, & a large amount of stock you can’t sell.
So what else should you keep in mind to ensure you don’t run into problems when buying wholesale clothing in Australia?
- Research Your Market Before Spending A Cent. If the market you wish to enter is already saturated or there isn’t enough demand, unfortunately your business won’t stand a chance – online or offline.
- Perform A Background Check On The Australian Clothing Wholesaler. A quick background check to ensure that your clothing wholesaler is legitimate could save you a lot of heartache. You can do a search for their business name on Google, contact the ACCC (Australian Competition & Consumer Commission) to see if there have been any problems with them, or check on the ASIC (Australian Securities & Investment Commission) website to ensure their business name/ABN does actually exist.
- Request A Small Sample Order. Any genuine clothing wholesaler who wants your business should be willing to let you purchase a small, initial sample order so you can check the product quality, & see what they’re like to deal with.
- Buy Garments That Are In Season. Make sure the clothing you buy from the wholesaler is suitable for the season you’re in. If it’s coming near to the end of winter don’t buy any or much winter clothing & the same in summer.
- Plan To Keep A Good Variety Of Clothing In Stock. The amount of variety you have will to a certain extent depend on the results of the market research you have done – some types of clothing stores can get away with a narrower range than others. You will want to make sure that you have a good range of sizes, colors & styles available in most cases.
- Check Re-Order Times. Ask your clothing wholesaler how much of the style of clothing you are buying they keep in stock at any one time, how long it would take for them to get more in if they ran out, & how quickly they can dispatch a top up order to you if needed.
- Purchase Small Orders Initially. By keeping your initial orders from your clothing wholesaler small, then you reduce the risk of overstocking on garments that may not sell. Once you know what sells well, & what doesn’t, you can purchase larger orders from your clothing wholesaler.