Three Tips to Make a Profitable Children’s Clothing Business
A children’s clothing business can be an excellent way to supplement or replace a household income. With some innovative designs and clothing banks sourced at good prices, it is possible to realize a retail markup of up to 500% on kids clothing. While no business is a sure thing, a chidlren’s clothing business can be an enjoyable and lucrative business.
Here are three tips to help you sell children’s clothing profitably.
There is nothing more frustrating for a clothes buyer than to buy clothing and find a torn hem, a stain or a poorly imprinted garment. These clothing buyers will not buy your clothes again, and they will tell other parents about the quality of your product.
No matter where you buy your clothes and how carefully you store and imprint them, you will items that are imperfect or defective. Do not try to sell these items at retail prices. You can sell them as defects or flawed; just be sure to label them as such.
If your children’s clothing company gets a reputation for poor quality goods, you will fail. As such, inspect every garment you imprint or embellish and set the defective garments aside.
Bundle Items for More Profits
In today’s busy world, clothes buyers appreciate pre-packed sets. For example, for baby clothing, you might want to package a beanie, a few bodysuits and several burp clothes to make one retail item. By doing this, you will encourage clothing buyers to buy more, your average order amount will be higher and so will your profits.
Another way to use bundling is to use it to move unpopular or overstocked products. Mark these at a discount to help sell them. By getting rid of excessive inventory, you will create revenue that will allow you to restock the popular items.
Making and selling children’s clothing, like any business, requires innovation. If you design and imprint the clothes, seek out original designs that appeal to parents. While creating your brand, try to have a common theme, such as edgy clothes, or clothes designed around zoo animals.
Nowadays, one of the biggest innovations is the use of certified organic cotton for toddler and baby clothes. Selling your designs on organic clothes is certainly one way to charge a premium price and to create something innovative in the marketplace. Always ask yourself, “why would parents choose my products over another company’s products?”
Running a profitable children’s clothing business requires a lot of hard work and dedication, but if you maintain quality, bundle products and innovate, you will develop a sustainable business that can bring you good profits.