Here are some tips when starting your own wholesale designer handbag business:
1. DO YOUR RESEARCH:
The first key to buying a new-to-you purse is to do your research! You must learn the name of the style. Then get familiar with the style and brand. What kind of hardware does the manufacturer use? silver, nickel, brass, leather coated? Is the hardware stamped? If so
Shox TL3 Men Shoes, where? What colors was the model made in? What leathers were used? What kind of stamps or seals does the manufacturer use?A lot of this research can be done online and there are a ton of resources out there that will help you familiarize yourself with the purse model you're interested in getting. This is why blogs are so awesome! They serve as a catalog of the purses that each manufacturer has made. Some consignment shops have great research kits that will help you familiarize yourself with the brand and how to spot ########s.
Variety:
Instead of focusing on what designer, or type of bag, branch out and include several options. Keep an eye out for great deals and change your product line often. You do not want your offerings to grow stale.
Unfortunately, most of us are not able to afford many designer handbags. Brand name bags are a luxury and generally purchased online or at other discounted retailers. Buying designers bags wholesale is practically an art unto itself! This makes getting into the wholesale handbag business so successful. If you can find and market true brand name purses at wholesale prices - your customer base will explode.
Fashionphile.com has excellent research tools to help learn more about various labels, especially for Louis Vuitton.2. CONSIGNMENT SHOPS:
You can buy at consignment shops. This again requires a lot of research and you should ask fellow purse lovers which consignment shops they recommend. My favorites are: Fashionphile, Yoogi'sCloset, Ann's Fabulous Finds, Let Trade, Castira and Bag, Borrow or Steal. These sites are very well regarded and stand behind their product.Just note one thing: Generally, consignment shops have higher prices. The upside is they do the research, they authenticate the product and you can buy worry free.
Online Resources:
Starting an online business can be overwhelming. Consider using online wholesale directories
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Price:
This is one of the most important factors when selling luxury bags wholesale. Consumers are looking for the best price. Many will fall for scams and ######## merchandise in their hunt. If you can establish yourself as a business that sells the real deal for fractions of the cost of a retail bag
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As with any start-up there is risk involved, but doing your research, striving to be reputable, and good marketing are all indicators of a profitable venture.
Quality:
Sure you can make money selling ######## or sub-par bags. But do you really want to? Selling authentic merchandise is the best way to cement repeat customers for the life of your business.
It is no surprise that designer handbags are high demand items. While trends may come and go, fashion is much more stable than any economy. And since handbags are so versatile, consumers tend to purchase more than they truly need. When bags come in so many sizes and styles, it is tempting to purchase one for every occasion and outfit.