As an Australian retailer, it’s not easy to choose which retailers to stock.
For one, the cost of buying wholesale clothes can be higher than it is for buying directly from retailers.
For other reasons, the retailers are not as diverse as you’d expect, so there’s no single “best” retailer for a specific type of clothing.
And, while we can’t get a definitive answer, the most popular retailer in the industry is the Australian Retailers Association.
But is there a “best way” to shop for wholesale clothes?
Let’s take a look.
What are the factors that influence which retailers are the most appealing?
Why are some of the biggest retailers struggling to grow?
What’s the cost to buy wholesale clothes from a retail outlet?
What is the “goods cost per sale” of buying an item from a retailer?
How much is a retail store going to pay for wholesale merchandise?
How can you avoid being ripped off?
What are some other issues to consider?
The cost of an item in the wholesale storeA retailer’s profit marginThe number of times an item is soldThe profit margin, or return on investment, of the itemThe cost to produce an itemAt what point is an item priced?
The amount of profit a retailer makes from each saleAn example of a saleAt what price should a customer pay?
How many items a retailer sells each weekWhat is a wholesale retailer’s “fair share” of sales?
What does it mean when a retailer has a “low” profit margin?
What are the average wholesale price for each product?
How to determine the “fair” price of an entire item?
The “good value” of an average productA retailer might sell items for more than the “normal” price in a given market, and that can make it hard for a customer to tell the difference.
However, that’s not always the case.
For example, a retailer might charge an extra $10 for an item that costs $80, so that’s a good price to sell.
A low profit margin means that an item may cost less than $80 for an average customer, but it’s still worth a lot.
What is “good price” for a product?
It’s the price that the retailer would sell at if it was sold at its normal price, and it may be much less.
For example, the “price” for an Apple iPad Air is $499, but Apple sells it for $399 in the US, so the “average” retail price for an iPad Air in Australia is $379.
If the iPad Air sells for $349 in the market, then the “bad” price is $399, but the “better” price, $379, is $479.
In other words, the iPad sale in Australia can cost more than it would cost to sell it at the normal retail price, but you’re still getting a better deal.
What are “fair market value” and “fair price” prices for a certain product?
An example is that an Apple iPhone 6S may be sold for $549 in Australia, but in other countries it may cost $549 more.
It’s not clear how much more that iPhone 6s would sell for if it were sold at the “regular” price.
If a customer is buying an iPhone 6 in Australia for $499 and is looking at other items on sale, it might be cheaper to pay $399 than $549.
But what about the price of a specific item that is more expensive than its “average price”?
If that item is a high-end smartphone, the iPhone’s “average retail price” could be as much as $600.
However if that same smartphone is on sale for $400, then you may be paying more.
What’s “excess” profit for a retailerWhen a retailer’s profits are more than their costs, they can be seen as a profit margin that the company is able to earn.
The more a retailer earns, the more they can make.
For the average retailer, excess profit means the company makes more than they spend.
What factors influence whether a retailer is profitable?
What factors determine whether an individual is a profitable or not?
Is the company owned by an owner who can control it?
Can a company have a stock split?
Do the founders of the company have any ownership in it?
Do their employees have ownership?
How do the founders and founders of a company choose their board members?
How long does it take to be a profitable company?
When a company becomes profitable, it can often be the first step to being profitable again.
The next step is to generate more profits.
When a company is profitable, its owners may want to sell shares or take other steps to increase the company’s profitability.
Are there “bets” in a stock?
Is a stock market that can help a retailer decide what to do?
Do companies like the Australian