Retail Inventory Tips // Dos & Don'ts when Purchasing Wholesale Products
Вставка
- Опубліковано 11 кві 2016
- Grow your own successful online boutique:
ONLINE BOUTIQUE BOSS COURSE:
join.monikarosesf.com
==================================================
SOCIAL MEDIA:
Boutique: www.MonikaRoseSF.com
Instagram: @monikarosesf
Facebook: MonikaRoseSF
Snapchat: itsmonikarose
Twitter: @itsmonikarose
Pinterest: @monikarosesf
Poshmark: @itsmonikarose
Vinted: @itsmonikarose
===================================================
RESOURCES/DISCOUNT CODES:
20% OFF my boutique: Code: UA-cam20
www.MonikaRoseSF.com
FREE CREDIT when you join Poshmark App: Code: HJYKH
Square: Accept payments anywhere. Receive a card reader for your phone or iPad!
Use Link: squareup.com/i/FE38E8F3 (receive free processing on up to $1,000 in credit card transactions for the first 180 days*. *Refer to link for more details)
======================================================
BUSINESS INQUIRIES:
email: info@monikarosesf.com
=====================================================
Disclaimer: This is not a sponsored video. Some links are affiliate links. Thank you for watching!
With Love & Success,
Monika Rose
www.MonikaRoseSF.com - Навчання та стиль
Hello Everyone! I would love to help you grow your own successful business! Learn where to purchase your inventory in our exclusive Entrepreneur Community! Link in description to join. :) Monika Rose
So glad someone did this! I'm starting a new first time order for professional skincare and I'm kind of stumped as to how much to start with
I'm starting my own business and this video has helped me. Thank you so much
This video IS EVERYTHING!
Love this video. Question when picking out merchandise I did, but how do I go about sizes. How do I market to people of different sizes and knowing the clothes will actually fit them? I bought a load of clothes and tried them and picked what I wanted to sell and what material was the best. I know what fits me but I do not know how to shop for other sizes. Do I buy the same item but in all in different sizes or do I buy a bunch of items that I like in my size so I can have a variety of items I can sell?
Thank you so much for creating this video!! So helpful I'm looking to to join you entrepreneur community ASAP!
Have you done any videos on the business end? Like filing taxes, getting an LLC and so on?
Thanks for the info. This is the mistake that I made when I first started my jewelry boutique. I bought what I liked, without doing the research and only from one vendor. Only a few items sold and the rest I ended up giving away to friend's and family members. Unfortunately I had to learn from trial and error.
Joy Hollywood same i did,🙄
Many successful business owners learn through trial and error.... So WE will be successful in our business too learning through trial and error.
Same here
This was sooo helpful!!!!! Taking notes 💕
Great videooo!!! Thank you so much
this was so helpful can't wait for the next video
+yostephy17 So great to hear you found it helpful! The next inventory video will be posted in my Entrepreneur Community. You are welcome to join! Take a peek in the description for more info. :) Thank you for watching!
-Monika Rose
I spy Grey by EL James 💕😉
Thank you so much for this informative video. I came across your channel and I love it. Right now I’m at a point where I want to give up on Poshmark, I made some sales but everything else is on stale. I need to reevaluate my items and follow your recommendations. Might give it a second chance. 🤷🏻♀️
do you have nay suggestions on trying to get a consignment deal?
what is 3 of the very best wholesale online stores where i can get inventory for my store?
Hi Monika, I love your videos. Can you make a video about link Pinterest and Instagram to poshmark? Thank you.
Very helpful! Thanks
Thank you for the tips😊
Hello I keep running into the trouble of being able to register to different wholesalers that I'm actually interested in due to the fact that I haven't purchased anything from any vendor before. Any suggestions?
I'm obsessed with your UA-cam channel! You actually liked one of my photos on my business page and that made me check out your Instagram and now I follow you on Poshmark, Instagram, and now UA-cam lol. I appreciate the helpful tips on how to start and maintain a successful online store. I am currently in the beginning stages of the process and I will be using your tips to take it to the next level. I can't wait for your boss courses! I'm so excited! You have a loyal subscriber here!
Hi Bianca! Thank you so much! You're so sweet! I'm so happy you enjoy my videos . :) I can't wait to have you in the Boutique Boss Community!
You are highly appreciated 👋🏾
Were do I look to find a vendor
Loved it!
yay!
I wish I heard this before I spent 7k of stuff lol thank you I like your videos
where do i find a vendor?
Lovely content
Can I go to Ross, goodwill, Burlington coat factory buy their clothes to sale it on poshmark closet
Yes you can. You can also sell them on ebay.
ItsMsTiffanyRe G that is actually what I do!
My style is similar to forever 21, fashion Nova, Shein. Basically trendy. I am trying to find wholesale similar to those trendy young styles. Who would be some quality wholesale sites.
haley_mad I wanna kno too
Fashiongo.com you can fine a lot of retailers stores and styles
I sell children clothes and accessories. Is there a style to choose from when selling children clothes??
You remind me of the youngest daughter on the show "7th Heaven"
I want to see the video for the theme of how you can find my inventory.
Hello! We have several lesson plans all about how and where to find inventory in our Online Boutique Boss Community. You are welcome to join our list here: join.monikarosesf.com :)
Thanks for your advice!;)
+autumn jimenez You're welcome! Feel free to join my community where I share even more tips and one-on-one training to grow your own business! :) -Monika
Definitely will look into it! :)
How much should i be making on each item. For example if I buy a USD 10 dress, how much should i sell that to have a "good" o "viable" profit?
roger menjivar stay at a 60 to 75% margin
Hi is there a way you can find out for us how to find manufacturers who actually create your designs as far as jewelry necklaces, belt/belt buckles and shoes. I tried looking but they make typical things, my designs are 80s/90s inspired so chunky "gold " earrings is almost impossible to find a company who will make it and add my brand name on it. For example a channel chunky earring with the two c's on it, (obviously my brand initials will be on instead) where can I go to find someone who can make that style for me?!
Dirty Diana that's what I'm trying to figure out because I want some originality to my store
i just started looking into starting my own boutique i'm also wondering where to find a manufacturer that can create my designs, i'm not really looking into buying wholesale please help!
Dirty Diana same. Need that too...
Try local jewelry makers!
Elektra Lavont I am a fashion Designer although I do not do manufacturing work. For what you guys are speaking about you’d actually be looking for the services of a manufacturing company that most clothing labels utilize. However the pricing will not/is no the same as simply buying wholesale. Its usually a lot more expensive per piece and will have a minimum order amount to even take the work (say 1000 pieces) all depending on how small scale or large the operation you go to is. This isn’t including other price points that may be added such as patternmaking if you want master patterns, grading for different sizes etc. Now on the flip side it is possible to find and deal with small scale designers or independent artists such as myself and others to create for your label and it saves some money as they will usually do so on a much smaller amount and scale however this is very hard to find as most designers don’t want to take on the hard work and lower pay to create for someone else’s brand things they could create themselves and sell full price and receive all the money for, if that makes sense. Manufacturing companies have the man power and clientele to make orders for others quickly and with fast turn around as well as the minimum order, that’s what makes it lucrative for them but for your average independent designer, it’s just not worth it. Now design students or someone fresh out of school may be your best bet to take on some work like this. I did this with an athletics brand making hoodies for her and I hated it for the reasons above, Low pay per piece and hard work, I was basically sewing and constructing the whole thing then adding her label for her to sell for more then she paid me to make it 😠 but that’s the business and I was new so I did it for a while for experience. Knowing how to create my own things now I never would again lol. I know this is long but hope it helps!
How to price your products?
When you buy from wholesale places do you put your labels and tags on the items?
Michelle Roshayes yes!
Yes
Not necessarily, many suppliers should not provide customized labels.
But a friend of mine said that this www.fashiontiy.com/index.html?Kathy can provide customized label service, I think you should need it!
Hello, I am a young African lady studying in Luxembourg. I am starting an online shop for African products with contemporary designs (Beaded necklace, Artwork,Clothing).I want to know how to get started as i am currently surrounded by European. How do i make a concrete argument for the products I am going to sell(such as why am i selling African products, What needs am i solving with such a business model, why should they patronize African products,etc). I would begin with beaded necklace. Most people love to use beaded jewelry to add a touch to their clothing, but what need is it really satisfying supposing I have to answer that to a group of investors. Can you help me know concretely who my consumers are?-everybody is a potential client, but how do i state it well as my target customer segment. I hope to get more information and ideas on these questions and even more on how to get started. thank u.
I love you. Thank you..
Did you ever make video on where to buy inventory? I didn't see it
Hi! Yes, we have an entire module dedicated to inventory exclusively for members of the Online Boutique Boss Course. You can join the community: http:www.MonikaRoseSF.com
Thank you!!
Ive been finding nothing but crap when looking for boutique clothes, Im looking for high-quality 2pc set but inexpensive drop shippers.
Debra Washington I have never done drop shipping have you? If so how do you like it?
How do u get catalogs from the stores, just ask?
Keith Frost If you sell on poshmark, after you make 10 sales of whatever you can enter the buying wholesale part of the app. There are vendors there.
Does anyone know where I can buy cheap jewelry/clothes in bulk or where to purchase wholesale?
Kelly Ann .
yes?
=
I researched a lot, if you Google it you'll find it. You just have to weed through the crap. And have patience. It took me about 3 months to find good vendors that had the quality I was looking for. Good luck don't give up.
i got some nice stuff from wholesale fashion square...only do it when you get the coupons. otherwise, it will take your margins way down.
I’m looking for clothing for tall women if anyone can point me in the right direction
Does anyone know any vendors that have male products?
Davon Banks aliexpress
For my men's clothes I checked the tags on the clothes from my son's and boyfriend and googled it. It really worked.
I am waiting on my tax I.D. number, looking for about a total realm of comfort.
great video!! thank you for the information. my posh is @kenrefashion
If you want to grow your business, you can utilizing influencer marketing for this. It can be a great way to kick start potential businesses out there as long as you're confident with your content/products/services to offer. If you'd like, phlanx and many others are platforms for this
Hello Monika
I just recently found you and I am learning so much from you. Thank you for sharing your experience and knowledge to help others.
I have a home-based business making Handcrafted Cold Processed and Melt and Pour Soaps along with a variety of other skincare items. My long term goal is to own a store that is either attached to my home or a seperate building on the same property. I have several shorter term goals along the way. One is to start teaching soap in a way that will bring hope to women who fell less than important in life. I love to encourage and I see this as a way to do so.
Instagram @sudzylove