Clothing is one of the basic necessities of life and expenditure on them is inevitable. Therefore, it is also important that money spent on them is properly managed to prevent over-expenditure. So is the case with retailers, be it kids, men or women clothing vendors. Purchasing clothing from wholesale clothing vendors has its own advantages which are profitable to both consumers and retailers.
Advantages of purchasing from wholesale market:
If a consumer chooses to purchase clothing from wholesale clothing vendors, they would save a lot of money which they can utilize for other things. If consumers manage to purchase clothing for the whole year at once, they would get good rates from the wholesalers. There are families having a large number of kids. They can purchase all the clothes for the kids at once from the wholesalers. And if they manage to purchase for the whole year, they would save a large sum of money. Women clothing vendors in the retail market sell their products at extremely high prices in comparison to the men counterparts. In such situations, female consumers can choose to purchase their clothing in large numbers from wholesalers, saving a substantial amount of money. People who choose to dress in classic styles have an advantage in this case because buying clothes in bulk would prevent dressing according to trends.
Most retailers of clothing choose to purchase their products from wholesalers. However, there are many who choose to purchase their products directly from the producers. However, purchasing from the wholesalers can benefit the retailers in numerous ways. Primarily, the amount of products that retail clothing vendors can buy from the producer is far less than that of the wholesalers. This impacts the price the retailers would be able to buy their clothing at. The prices at which they would buy would be more than that of the wholesalers. This would reduce their intended profit amount. The retailers who have a small capital can also benefit by buying from wholesalers. Secondly, the cost of conveyance also increases quite a bit since most often the producers of clothing products are located in remote areas. The wholesalers of clothing products are far more accessible. Moreover, a large number of wholesalers also provide conveyance facilities for retailers, which is not the case with most producers. In case of defective products, it would be far easier for the retailers to get them changed from wholesalers than producers, enabling them to provide better services to their customers, increasing their goodwill.
Purchasing clothes from the wholesale markets gives a lot of flexibility when it comes to prices. The scope of bargaining increases quite a bit because it is a very competitive one where multiple vendors provide the same products. The retail clothing shops which are primarily in malls, do not provide any opportunity for bargaining. If retailers manage to stick to a good vendor in the wholesale market, the chances of them, getting better prices increases a lot.