If you go around the online market, you can’t ignore the fashionable clothes. This is one of the items sold on the online market very much.
Online business helps sellers save a lot of costs such as premises and staff. Although the idea of online clothing business has been done a lot,
But today’s topic we will exploit more specifically about the cost of Online clothing shop opening. Invite you to welcome reading.
Hi, you are watching the Startup Ideas, Make Money on 100startupideas.com, You can follow Thalib Tantary at Facebook. Salary is happy to meet you.
ONLINE CLOTHING BUSINESS: SALES ORDER OR SALES AVAILABLE
With the idea of online clothing trading, we will have two options: to get orders for clothes from overseas visitors or to sell available clothing items.
With the way of trading in order clothes, you will target customers who love imported, branded and high-priced products. If there is an acquaintance abroad, you can ask them to pick up the goods and transfer them to USA.
Otherwise, you will order through the store of the clothing store on the side, then choose a shipping and shipping unit. Your earnings will be from service fees.
Each item of product will profit from 200,000 USD – 500,000 USD. If there is a good number of visitors, your monthly income is about USD 15-20 million.
In addition, we can take advantage of the online business of available clothing items. It may be the clothes you enter or the clothes you design for your own business.
With these items, the competitiveness will be higher because there are many people who also trade in clothes like you. But this is considered a way that many clothing dealers online choose the most.
INVESTMENT CAPITAL TO OPEN FASHION CLOTHING SHOP ONLINE – COST OF FASHION CLOTHING BUSINESS ONLINE
As mentioned above, many people choose to sell fashion clothes online because they save a lot of costs. We will not need to rent shops, decorate, buy furniture, hire staff or store management costs. The money saved we will invest in advertising marketing to increase sales better.
Depending on the product line, the number of goods, the quality of clothes you choose to do business to decide how much capital is needed. Trading in high quality and branded clothes, the investment costs are higher.
In contrast, low-cost, low-quality clothing business has low capital investment. Wanting to trade online clothing, you can start with 5 million for small business scale. After a long time of business, there are more customers and more capital you can expand business scale.
HOW TO START SELLING ONLINE FASHION CLOTHES?
If you start with a small amount of capital, you should choose a sales channel that is facebook to reach the most customers and the lowest investment costs.
You will set up a Facebook sales page, regularly post pictures and product descriptions for customers to refer and choose. If you don’t have enough money to run facebook ads, the best way for you to sell and many people who come there is to post to community groups.
If we have more business capital, we can participate in selling e-commerce sites such as Lazada, Shopee, Tiki, Sendo … When joining these sales pages, you will have to pay a fee.
At first it was like spending money to hire a live kiot. In return for all advertising costs will not be costly because these pages will help you advertise products and find customers. Every day, you will have access to millions of customer visits.
However, competition on this sales channel is very high. Other sellers may sell products that have the same image and price as yours but different quality, that’s just a few. Therefore, when customers click on them, they will not be able to distinguish different points or advantages of your product quality than competitors.
Finally, if you want a long-term and sustainable online clothing business to build your brand, you should set up a sales website. Website helps you keep information confidential, ensure safety for your virtual store (facebook can be hacked at any time), and it helps customers more confident in the purchase process.
You will spend money to create a sales website about 4 – 5 million with a complete, modern website that meets the needs. The cost of investing content is about 5 million / month. Money running ads on Google to introduce sales website: 3 million / month. Keyword optimization SEO keywords cost about 2.5 million / month.
HOW TO REACH CUSTOMERS – CREATE A COMPETITIVE ADVANTAGE
If you sell goods on e-commerce channels such as Lazada, Sendo, Tiki, Shopee, … you should take advantage of the money you save from not having to run ads to invest in price and promotion policies.
Customers on this sales channel can only see the difference in your product compared to their competitors in terms of price and promotion included. You can reduce the price on the product, give more promotional gifts if customers buy in large quantities.
For example, you will make a promotion to give 1 more shirt if the customer buys 3 or more shirts, or gives more belts to customers who buy pants at your virtual store on the trade page.
We will use the online channel to introduce our customers promotions such as Give Away, minigames, discounts, gifts, … combined with calling for likes, sharing and introducing friends.
In this topic, I want to give you an idea to attract customers to buy clothes online. That is organizing the contest: “The most beautiful man”. Customers will need to post pictures of their husbands or boyfriends who wear makeup and dress so that they look most feminine and beautiful.
Then, post these photos on social networks, photos with multiple shares, like most will receive vouchers to buy clothes at your shop worth 3 million USD and a pair of pair clothes for couples win. This idea not only helps you reach and interact with many customers, Help more people know your virtual store, but also create a hot trend on social networks about female fake men.
To stimulate more participants, you should invest in prizes. In the rules of the contest, it is necessary to specify the way of scoring, rules and time of participation.
In addition, you can add prize information like all customers participating in the contest even if they are not awarded but will receive a 5% discount for each purchase invoice. Customer sentiment will like to buy cheap, free goods and when they see a 5% discount they will want to buy immediately even if there is no need.
Thus, in addition to increasing the amount of interaction, you also sell a lot of your clothing products. In addition, you can add prize information like all customers participating in the contest even if they are not awarded but will receive a 5% discount for each purchase invoice.
Customer sentiment will like to buy cheap, free goods and when they see a 5% discount they will want to buy immediately even if there is no need. Thus, in addition to increasing the amount of interaction, you also sell a lot of your clothing products.
Hopefully, the above information will help you succeed in online clothing business. Thanks for following this analysis with me.
If you find this article useful, please share it with everyone. You can also find business knowledge, how to get rich, what business is an effective start-up idea, how to make money with other products or ideas in search 100startupideas.com