Wholesale or Retail Cloth Garments Store Business
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Cloth Garments Store Business - Start-up Idea
A garments or cloth
selling is a business that has a lot of profits. And this also reduces the
problem of unemployment of the country. This business can be done everywhere.
Need correct information. In this blog I will tell you which clothes can be
bought at factory rate. In this blog information about both the cost and
profits coming in it will be found. The clothing business or ready-made garment
store is a very fast growing business in India today. In this trade, due to the
high margin of the clothes for the merchant, the businessman has very high
profit opportunities. But for this trade, the merchant has to maintain a lot of
variety in his store and also there is always a fear of changing the trend in
this business immediately over time. So it is no joke to trade clothes or open
a ready-made garment store, there are many things that a businessman has to keep
in mind so that he can do his business successfully.
Friend,
By starting a clothing
business, you can earn good money in your village or city and there is no limit
to earning it. Due to lack of necessary information, people are not able to do
this business, if they do, then the profit is reduced. If you have the right
information, you can earn a lot in this business. Let us know how to start cloth or garment selling store business.
You can also start Shoes Store Business along with this Business, in which you can earn more.
A garments or cloth
selling is a business that has a lot of profits. And this also reduces the
problem of unemployment of the country. This business can be done everywhere.
Need correct information. In this blog I will tell you which clothes can be
bought at factory rate. In this blog information about both the cost and
profits coming in it will be found. The clothing business or ready-made garment
store is a very fast growing business in India today. In this trade, due to the
high margin of the clothes for the merchant, the businessman has very high
profit opportunities. But for this trade, the merchant has to maintain a lot of
variety in his store and also there is always a fear of changing the trend in
this business immediately over time. So it is no joke to trade clothes or open
a ready-made garment store, there are many things that a businessman has to keep
in mind so that he can do his business successfully.
You can also start Shoes Store Business along with this Business, in which you can earn more.
Tips for ready-made garment business
Before starting any kind
of cloth business in India, it is necessary to take care of some things. A
ready-made garments is a final product that you cannot process further, you have
to sell it directly to customers. A few things need to be selected before
starting a ready-made business. We are giving below information about some
things that will work for you.
The
first thing for this business is that you have to decide what kind of clothes
you want to sell in your store. There is a lot of variety available in the
market, through which you can start. Apart from this, you also have to decide
for whom you want to sell clothes in your store for children, youth - boys or
girls or women. If you want, you can serve more than one kind of people in your
store, but our advice will be that you start with one thing only.
Saree
Saree is a popular
garment of Indian tradition and is used by women. If we talk about synthetic or Georgette saree, then we should buy it from Surat city of Gujarat (India). I
myself have gone there and found out which sarees can be bought at which rate.
I saw that the price of a saree can be purchased from the factory, which is
available in the saree market in India, can be sold on two times higher price
rate. And it can be used for both wholesale and retail. Retailers also purchase
sarees from a wholesale seller near them, due to which they do not know the
profit they are entitled to. There are thousands of factory warehouse and
textile markets in Surat (India), China, Dhaka (Bangladesh)
Italy and Germany. You can also import from those countries. From where
shopping of sarees can be done at a low rate and a good business can be
started.
Jeans
Nowadays in this era of
fashion, the demand for jeans pants is increasing rapidly, and its retail and
wholesale business has immense possibilities. There are jeans factories in
every major cities, whether Mumbai or Delhi, from where jeans can be purchased at
a great rate. Keep in mind, always buy clothes from the factory, this makes
more profit and the clothes are cheaper. There are many jeans factories in Delhi,
from where you can buy jeans pants at a very cheap rate and earn good profits
in both wholesale or retail.
Ladies Kurtis
Ladies kurti is the main
garment of Indian apparel. Its factory in Delhi. There are many factories. Here
Kurti can be purchased at factory rate. I visited there and learned that the
Ladies Kurtis sold in these places are sold up to 400 Indian rupees. And it can
be done in a very good business.
Similarly, there are many
factories of formal shirts in Delhi-NCR (India) from where main shirt is
available for 250 rupees and its market price is 500 rupees in Indian currency.
Men's cloths
There are
many types of men's cloths like trousers, pants, shirts, suits, blazers, kurta
pajama, sherwani available in market. There is very huge demands on those
cloths. You can buy them in every countries or import from any country.
Marketing Strategy for Cloth Store Business
Target Customer:
In
this business you serve the direct customer, this is called B2C Business Model.
For this, you have to decide your target customer from the beginning. Because
in this business there will be different types of customers for women's
clothes, there will be different types of customers for boys' clothes and
different types of customers for children's clothes. Therefore, it would be
better for you to decide your customer and decide your strategy accordingly.
Market Research:
Before
starting any type of business, it is very important that you know the markets
around you and their choices very well. Ready-made. Fashion and style changes
daily in the garment, so it is important for you to gather good information
about the trends around you and the price they carry.
Quality Check:
The
quality of the face you sell matters a lot. Competition has increased a lot in
today's era, people do not take much time to follow you in today's time.
Therefore, along with fashion and trends, it is also very important to maintain
quality.
License or Registration required for Ready-made Garments Business
Trade license is required
for ready-made garment business like every kind of business. If in any case, the
sellers of ready-made garments want to sell their goods outside the city but
within the state limits, then they also have to apply for a separate license. Registration
is required for doing business and also for commercial taxes in addition to trade license. You can register
in that through any chartered accountant or any other tax consultant in your
city. This is the most important thing for any kind of business, the paperwork
to be done in it. It is important for you to prepare all types of licenses and
other papers by opening your store.
How to Select a Space or location
Location or location is a
very important thing for any business. You get the first base for the selection
of your customers from this or you can choose the location according to the
nature of your business.
If you want to start a
ready-made garment business like a wholesaler, then space doesn't matter to you.
If you want, you can start it from your home, because in it the customer comes
to you according to his needs and you have to take orders in bulk in it. But if
you want to open a retail store, then the place matters, for this you should
choose a place where people come in large numbers.
Marketing Plan & Marketing Area
The area and plan of your
marketing is completely based on your target customer. Like if you are selling
girls clothes, then your marketing area and strategy should be advanced. Like
you can use social media or digital media. By the way, this is also applicable
in the case of children or boys. The main way of marketing is that if you are
serving young generation, then your promotion methods should also be according to them.
So that you can reach them.
We are telling you some
marketing methods for your business in the points below.
• Digital Marketing: In
today's time, digital marketing is the best and successful method of marketing.
For this, you can maintain your own web page and maintain it. Or you can also
use various social media platforms like Face book, Instagram etc. for your
marketing.
• Tele-Marketing:
Nowadays it is the newest method of marketing in the field of garment. This is
especially applied on girls. Whenever a new stock comes or an offer is made,
shopkeepers inform their regular customers about it, this increases their
sales. You can also use it for your new business.
• Traditional Media: You
can give your news on your local TV channel or radio. Apart from this, you can
also advertise your news paper running here. And if you want, its pamphlets can
also be made, so that people will get information about your new initiative.
• Special Offer: When
your business is new, it is the best way of marketing for you. Through this,
you can also attract new customers. And then you can convert them into your
regular customer through your services.
• Use brand: If you
promote a brand that is not already available in your city, people will be
attracted to you by themselves. This will increase your business.
• Customer Relationship
Management: This is the best way of marketing. If you take proper care of your
customer and succeed in making him happy. So he mouths you and your business
and brings other people with you. And this is the marketing method in which you
do not need to invest any money.
Staff and How to Define Salary:
For any kind of ready-made
garment business, you need to read the staff so that you can serve your
customer easily. But in the beginning it is necessary for you to hire your
staff on less salary and save this money with some efforts. As if you are
opening your own shop, you will not need much staff like any big branded
outlet. According to a shop, you will need sufficient workers, who can help you in
your work and you have to give them applicable pay amount every month for their
work,
Apart from this, you will
need a person who will take care of your marketing and will manage your social
media platform and website. But in the beginning if you want to save money, you
can see it yourself. If you want to do door to door marketing then it will be
necessary for you to keep marketing staff separately.
Investment:
You do not need to spend
a lot of money for ready-made garment business. If you are a woman and want to
start it as a side business then you can start it from your home. You just have
to set a place to keep the goods and serve the customers so that the people of
the house are not disturbed. But if you want to open your own store, then you
have to invest as per your capacity. Depending on the quality and
variety of clothes, your investment can also increase, but it is entirely up to
you how much you want to spend.
Profit Margin on Selling Price:
The business of ready-made
garment is a very profitable deal, it has a much higher margin than other
business. If we talk about data, then there is a margin of about 40 to 50
percent in this business. The margin of clothes also depends on what kind of
clothes you are selling, branded or unbranded, because the margin of branded
clothes depends entirely on the company.
Apart from this, the
margin of the clothes also depends on who your target customers are or what
quality of the product you are serving.
As we have already
clarified that your profit margin is about 50 percent. It can range from 40 to
50 percent in different brands and non-brands. After this, after the salary of
various taxes, store maintenance and employees, the remaining amount is your
profit. Which is a very good amount, so ready-made garment business is a
profitable deal.
Risk and Precaution:
There is some risk in
this business, which you must know about. Below, we are going to introduce you
to some of the risks associated with it.
• Ready-made garment
business is very risky in India, because either it is very successful or you
can go to loss immediately. The stock changes twice in a year, one in the cold and
the other in the summer, so the shopkeeper has to be updated in it.
• When the fashion
changes, you have to return the old stock to the company or you can sell it by
selling it by attracting your customer for a low price. This saves you from
keeping the stock for the next year and you do not lose much.
• Due to need during the
season, your products are sold at a good price. But charging more than other
competitors in the market can prove to be wrong for your business and your
customers may be attracted to others. Therefore, while making your price list,
this thing should be kept in mind and you must know about the price of other
people once.
The Conclusion
When starting a Cloth Selling Store business, if
you want, you can make and sell only some varieties of tea cloths (like men's
cloth, regular cloths, ladies saree, Kurtis, formal wear etc. At the same time,
as soon as your business starts running well, you can also sell other types of
varieties.
Note: - Please consult any professional before doing any business
listed in this website. Every business have certain risks. Website is not
responsible for any business listed on website and risks to the viewers. Such
information is provided for information purpose only.