Even if you have capital but don't have a business idea, your dream of becoming an entrepreneur will never come true. This thread was created to provide business ideas about becoming an imported clothing supplier which might be the right business choice for you. Because the profit that will be obtained will be much greater if we compare it with being a reseller and dropshipper. Even though the imported clothing business opportunity is very promising, before we go any further, we need to first study the advantages and disadvantages of being an imported clothing supplier.
Advantages
1. Becoming a supplier will get cheaper prices, especially if the goods/products are obtained from first hand distributors.
2. You can choose promising types of imported clothes, but it is recommended to only choose imported clothes that have well-known brands and are original.
Disadvantages
1. Many countries prohibit the import of used clothing
2. It takes time from ordering to receiving the goods.
3. There is a possibility that if the purchase is made online, the importer will receive goods that are not as ordered, sent incorrectly, or defective products, so I have met many importers who prefer to come directly abroad to buy clothes.
Currently, many countries have made import-export licensing procedures easier for goods, so you don't need to be surprised at the increasingly high level of competition in the import-export business. Here are several ways to become a supplier of imported clothes as follows:
1. Plans and Capital
The first step is to make a thorough and detailed plan, also learn about the regulations for importing goods in your country. Calculate the amount of capital required, including product price, shipping costs, customs duties, taxes, insurance and marketing costs, etc.
2. Target Market
Determine your target market so that it will make it easier for you to carry out promotions and find out your target consumers and determine the type/quality of clothes they need.
3. Distributors
The authenticity of well-known brand clothes is often doubtful, therefore you must be able to ensure that the product from the distributor is genuine, not an imitation. Several well-known distributors from China such as 1688.com, Alibaba.com, Tmall.com etc.
4. Goods Import Documents
If you have got a distributor, you as a supplier need to make goods import documents containing product contents and quantities and submit them to customs in your country, and you will be subject to taxes and import duties.
5. Payment Method
Each distributor will determine a different payment system, some must be paid in advance, cost and delivery and payment on credit.
Advantages
1. Becoming a supplier will get cheaper prices, especially if the goods/products are obtained from first hand distributors.
2. You can choose promising types of imported clothes, but it is recommended to only choose imported clothes that have well-known brands and are original.
Disadvantages
1. Many countries prohibit the import of used clothing
2. It takes time from ordering to receiving the goods.
3. There is a possibility that if the purchase is made online, the importer will receive goods that are not as ordered, sent incorrectly, or defective products, so I have met many importers who prefer to come directly abroad to buy clothes.
Currently, many countries have made import-export licensing procedures easier for goods, so you don't need to be surprised at the increasingly high level of competition in the import-export business. Here are several ways to become a supplier of imported clothes as follows:
1. Plans and Capital
The first step is to make a thorough and detailed plan, also learn about the regulations for importing goods in your country. Calculate the amount of capital required, including product price, shipping costs, customs duties, taxes, insurance and marketing costs, etc.
2. Target Market
Determine your target market so that it will make it easier for you to carry out promotions and find out your target consumers and determine the type/quality of clothes they need.
3. Distributors
The authenticity of well-known brand clothes is often doubtful, therefore you must be able to ensure that the product from the distributor is genuine, not an imitation. Several well-known distributors from China such as 1688.com, Alibaba.com, Tmall.com etc.
4. Goods Import Documents
If you have got a distributor, you as a supplier need to make goods import documents containing product contents and quantities and submit them to customs in your country, and you will be subject to taxes and import duties.
5. Payment Method
Each distributor will determine a different payment system, some must be paid in advance, cost and delivery and payment on credit.
