It is said, to be successful
in selling, you must be passionate about what you sell. This is
easy if you love
designer handbags and fashion. Fashion
is a huge industry. Wholesale designer handbags and fashion is
also quickly becoming a very large and profitable industry.
But as good as it sounds, there are many things to know before
you jump in and become a designer handbag wholesaler.
The most important issue you must understand is the manufacturing
and distribution channels of the top designers. The production
of designer handbags is almost a top-secret event. With
the heavy competition between the designers to offer the latest
and hottest trends for the up coming season, handbag manufacturers
keep quite about their production runs, the quantity they will
produce and orders must be placed two or three seasons in advance
just to get any product. What does this mean to you, the wholesaler?
It means that you cannot call up GUCCI or Hermes and ask for
a couple hundred bags and expect to not get laughed at (in Italian
of French of course). It also means that the top designer handbag
manufacturers only supply their product to large retailers,
small boutiques and maybe a website with an exclusive contract.
So where do all the handbags that you see for sale online come
from? Well, that is the key to getting into the wholesale
designer handbag business. Most of the bags come from intentional
or unintentional overstock by the small to medium size boutiques
oversees. They will sell off their surplus of last season’s
handbags to distributors who will then sell them to wholesalers.
It is your goal to find these distributors.
To find reputable, honest dealers who distribute authentic
merchandise is tricky. There are a couple of things to consider.
**Most dealers that sell designers from Italy, France and England
are not found in the US. It only makes sense. They need to have
a close relationship with the boutiques, and very rarely the
manufacturers themselves, that supply them with their overstock.
So become familiar with what country the handbags you want to
sell were originally produced.
**Learn the language. You will need to learn a little Italian
or French. Just enough to understand colors, styles and shapes
of the handbags when you are given an inventory list. It would
also be good to know enough to at least say hello and what your
intentions are when initially contacting the dealer. Learning
the language is also extremely helpful when conducting searches
on the internet. Don’t limit your search to pages here
in the US, search google and yahoo in Italian and French as
well.
**Contact as many dealers as possible. This will help to validate
which ones are honest and have an interest in a business relationship.
Once you have received the inventory/price list from several
dealers, cross reverence them. Are the prices similar? Are the
quantities on hand reasonable? This is important to gage if
the dealer is selling authentic merchandise. If he has 600 of
a particular bag, chances are they are not real. It is not reasonable,
given the means in which he most likely purchases his stock
and the production methods of the manufacturing, that he would
have so many of one style.
**Understand all terms of sale prior to placing an order. It
is not uncommon that the dealer will want a deposit on your
order. You will usually commit 30% up front and pay the remainder
when the items have shipped. Many dealers will only accept bank
transfers. This is where becoming a designer handbag wholesaler
takes a great deal of faith. A bank transfer offers no protection
from the dealer taking your money and never shipping product.
If he was dishonest and took the funds, but shipped nothing,
you could have very little recourse. Unlike a money order or
credit card purchase, there is no 3rd party protection. At the
least, make sure you have the dealers phone number, complete
business address and email address.
Of course, like with all start-up business, there are many,
many more things to consider. But to make your search for the
right distributor easier, we highly recommend going to ModaImports.com.
Unlike the many lists and directories that claim to offer true
sources for authentic designer handbags, ModaImports.com
has used, or contacted, all of the sources on their Supplier
Database.
If you have a passion for fashion and are looking to start
your own lucrative business, wholesale authentic designer
handbags is a great business opportunity.
Deanna Key is the author of many articles and resources concerning
desinger handbags. She has worked as an importer/exporter of
designer fashions for over 5 years, and has imported over $25
million worth of designer goods. Read more helpful articles
and get discounts on designer handbags at http://www.handbag-spot.com.