Drop shipping is an emerging trend in clothing business nowdays. This has been widely popularized by online auction and shopping websites such as eBay and Amazon. Drop shipping is a big hit to the generation of tech-savvy teenagers and young professionals with a large spending power but have little time (or have too much "to do") to go out and actually to go mall and shop.
For them, drop shipping has been proven so easy and convenient. Since everyone nowdays has a high speed internet connection at home including a high powered ultra portable laptop, you can hook up a WiFi signal with almost everywhere. Regards to that fact, shopping can be literary done just about anywhere and anytime you want! All they just have to do is sign up for an account in any of the aforementioned shopping network giants, browse around for the list products that anyone could possibly imagine from the most unique designer – from dresses to the skimpiest Victoria's Secret Lingerie including those previously used clothing items from some well known celebrity (a dramatic actress sneezed handkerchief, anyone?). Then, choose a payment method – either via credit card or mobile commerce and viola, just wait for the purchased product to be delivered right at your doorstep in a span of a day or even a couple of weeks depending on where in the world your product is coming from.
As simple as that. Our great grandsparents would have envied us (Barter trade was so yesterday), it is amazing what technology could do.
Through this technology, just about anyone could start up their own online business (and soon to be the next big thing), even young teen entrepreneurs, considering that it does not require a huge capital. The clothing industry is great market to start with especially for first timers. Why? First of all, clothing is basic necessity. Demand is increasing as fashion becomes a lifestyle. Everyone is now into adopting the latest fashion trends from different cultures, whether it might be European, Japanese or Korean. Your only problem is what type of clothing line your clothing store will specialize in. You do not even have to create your own products from scratch. You can be a wholesale drop shipping retailer. There are a lot of designer labels to choose from locally and even worldwide.
To fully functionally start up your business though, there are a couple of things you might need to accomplish beforehand just like any other regular businesses with a physical store. Proper documents such as sales and tax ID and legal licenses are necessary to permit you to make purchases of wholesale products especially in other countries.
After your business has been legalized, next is to find wholesale clothing suppliers. Do your market research to compare prices and keep up with the latest trends. You do not even have to attend every top designer fashion show in Paris or New York to find your designer label clothing. Reading fashion and teen pop magazines would be a great start. Traveling around could also help a lot to source your products and find suppliers, you might even find the Asian market fascinating with a lot of options, not to mention cheap but with good quality. Be careful of fraudsters though, they tend to pry on newbie so it is always safer to bring someone more knowledgeable on business transactions and with better decision making skills. Best if you could buy in bulk in one supply shopping trip to increase your profit margin and avail excellent wholesale deals.
Consider these factors before plunging in to the temptation waters of the drop shipping bandwagon and you are sure to succeed. Have fun and happy shopping!