Clothing Retail Business Stores: How to Buy Cheap And Sell For Quick Turnover

I think you may read about how a 300-level campus student made over #60,000 selling BOSS SUITS without even a shop before I published last time? 

However, I suddenly received a question over the headline again from online readers any where in the world. I don’t know which country a reader sent me that question through the search stat in my blogger.

By this, I started thinking about how a person can make big profit from his or her clothing retail business until I found a solution. 

What is that solution you may ask? The solution is what I talk about clothing importation. You can start clothing Importation in Nigeria and make money as a clothing importer. 

The clothing importation from any foreign suppliers you buy and sell locally is really a goldmine.

Because for instance, in my country, assuming you buy a casual wear at #700 or #800 from Nigerian importers in Lagos, you can sell it to a group of people as much as #1500 or #2000. You make 80% as a profit today. 

Netprofit=1500-700/700=800/700=114.28×100= 114%. That is a big profit. This is a greatly quick turnover. That is what I say again that buying cheap and selling high is really a goldmine I ever know.

Many clothing-business importers are young millionaires today in Nigeria. Check them in Alaba market, Idumota market, Lagos Isaland. 

They are full of money bags because they are a distributor. They are Igbo people and sometime Yoruba.

But if you import cheap clothing directly from China or another country and you sell it at retailing price in your community, church, etc, you make far more that 114% you buy from local importers because people who buy from you think it is so cheap you sell and you make quick turnover in no time.

Now, I would like to share my secrets with you free, but you must take serious if you want quick turnover from the clothing retail business. The following simple guides are as here:

SIMPLE STEPS

Step1. Open Domiciliary Account

You must have a dollar domiciliary account because you will use credit card to import items from international suppliers.

Step 2. Write Down What Is Common to People 

Find what type of clothing that is common to people most. Then write it down.

Step 3. Buy Cheap From China.

After that, go to the internet and type that word: China manufacturers of cheap clothing or china or any country suppliers of cheap clothing in the search box at Google or Yahoo! B2B directory or DMOZS’s E-Commerce Marketplace and see what they come out.

Step 4. Collect Websites To Test

And collect websites that appeal to you. Then compare which is best price, best clothing, best shipping bills etc by emailing them to send you samples, pictures, quantity order,etc.

Step 5. Use Credit Card To Import Clothes 

And when you are satisfied with what you research by comparing, then order them with your own credit card or using another payment processor, Escrow service which is highly recommended because of their strict safety.

Step 6. Ask For Samples

When you order them, tell them to send you the items through the DHL service which is best service using your preferred courier delivery number. 

After receiving the delivery from the supplier, you are ready to market to a group of people at reduced price compared to the market price in your community, church, etc if you want quick turnover daily. You do not need to start a big business till you are sure you are well-patronized.

Final Thoughts

I hope you enjoy reading this article? Any question or want to add or correct this article, you are most welcome to this comment by dropping your commenting in this box below. 

I will be happy to read and share with you. See you next week by God’s grace. Thank you for staying tune with us.

Related Posts

How to Make More Income In Laundry Service Business In Nigeria