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| How To Start A Retailing Clothing-business Store In Nigeria |
One of good
business ideas you can start getting paid in cash from customers is clothing
wholesale/retail business.
I know many people excitedly plan to buy new sets of
clothes, shoes, etc for this festival period in December, 2015. That gives you
an opportunity to participate in clothing business.
Many people love
clothes. They want to put on new clothes for party, festival period, etc. They
want to flaunt it for one or other reasons.
I know many big boys and big girls
seem to like assorted casual wears. They will spend their hard-earnings on it. They
will compete with one other in order to win girls or boys through clothes.
Some young
people (or yahoo boys) who love nice guy or adore their clothes will spend on
whatever they earn either illegally or legally.
Even if they have good assorted
clothes or wears, they will buy more sets of clothes if you show it to them
that interest them.
This business is
one of the best profits we ever know because as soon as there is dense
population living, there will be demand for clothes based on by them.
As soon
as people outgrow their old wears, they will demand new wears or clothes to
replace old ones with it daily. That is where we come in.
This business is
hot we need to take advantage.
1. What
Are Casual Wears or Clothes
There is a
saying, ‘Fashion is not static’.
Fashion has changing with time. So you must watch trends and plan it. We have
various categories in clothing:
Casual
wears; traditional wears; formal clothing; ethic clothing; contemporary
wears; designer wears.
But one of the
most normal clothing people put on is Casual Wears. Casual clothing is the
dress code which emphasizes comfort and personal expression over presentation
and uniformity credited by a female interviewee in the local newspaper.
2. Demand For Casual Clothing
One of the basic
needs of man is clothing. For as long as human population continues to grow,
there will be continuously demanded for clothing as I said above again.
As explained
above, the casual clothing or wears fall under the category of informal
clothing. The market for clothing in this category is high.
It is huge. The
demand cuts across the young and the old, gender and also those who are fashion
or trend conscious.
For instance,
traditionally, many office workers like bankers will put on an English or
Native casual clothing or wears on every Friday.
They want simplicity. They
want it. That is their reason. The demand for casual clothing based by office
workers is high. Casual wears are also put on at home; they are used for
outings that are not so elaborate, for church, etc.
3. What Types Of Casual Clothing People Often Put On
Some samples of casual wears men often put on
are: Shirts (Polo, T-shirts, and short sleeves), faze caps, vest, boxers,
jeans, combat, sandals, Pam slippers, belts, etc.
In other ways, there are some
examples of casual wears that ladies often put on are: skirt, blouse, (sex) or
(night) gown, jeans, slippers, sandals, etc. Those causal
gendered clothing that are produced come from USA, UK, China, Dubai, Singapore,
etc. We also have our own African style casual clothing.
4. Start A Clothing Business In Nigeria
If you want to
start a profitable clothing business in Nigeria, there are four business models you can consider.
The
first model is to determine which business model you want to do—is it shop or a
boutique, a car you want to do display your wares?
The second model is to
determine where you want to take to do the mobile marketing.
The third model is
to decide what type of gender you want to buy and sell clothing.
The last model is to decide what capital you
want to start. Is it you want to start small or big? It is you who determine
yourself.
5. Where To Buy cheap clothing in Wholesale
There is a city
in Nigeria where you can buy cheap female/ or male clothing in wholesale and
resell it for a good margin in retail.
It is called Lagos because some Nigerian
importers buy clothes online in bulk at cheapest wholesale price and sell it to
retail buyers at wholesale.
You can buy them assorted causal gendered wears
from importers based in Lagos Island; International Trade Fair Complex, Lagos;
Yaba market, Mandilas market or Idumagbo market in Lagos Island. You can also
get somebody to supply you directly and cheaply abroad.
6. Profit Potential
You buy a set of original sport blue shoes for
N1000 in Lagos as I did it before in 2004 and you resell it for N3000, making
it bigger.
I was surprised that my friend who saw it in my foot said he guessed
it was N3000 because of its high quality. I refused to tell him that it was
only N1000 I bought at Board road, Lagos because I wanted to sell it to him if
he wanted it.
Now, for
instance, if you buy 24 pieces of male casual tops like Curtis shirts or female
casual tops for N700 each and resell it each for N1500, how much do you make
money after being deducted your expenses? Your net profit will be N19200. Is
that great profit?
Final Thoughts
Let me stop
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reading this article.
Happy Reading!
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