5 Ways to Buy and Sell Products for Your Boutique
There are so many reasons you are thinking about launching a boutique - or already have! Maybe you’re a SAHM who wanted to jump on her creative inspiration and provide some income for the family, or you graduated as a fashion student and want to start your own clothing line (this one is more rare!), but wherever you’re at in your journey, we are here to support you.
Here are five ideas on how to buy and sell product for your boutique. Explore which one makes sense to you and then you’re ready to launch into the rest of the process!
Handmade
Make your own products by hand.
Develop your own product
Find a manufacturer who will develop your product idea to your specifications. This is better if you have a branding background and you’re prepared for creating your own brand.
Buy wholesale
Purchase wholesale products directly from independent brands. With this option, you buy ready-to-sell merchandise in bulk to resell. This is good if you’re just starting out and you’re still learning the business.
Dropshipping
Dropshipping is an option for a low investment on inventory. The customer will purchase the item from you and you will then purchase the item from a third party who will ship the product directly to the customer. The plus is you never have to buy inventory, store it, or ship it.
white label
Printing on demand is a similar option to dropshipping. You can partner with a printing supplier with your own designs that will be made to order and shipped by the supplier.
Whether you’re just starting out or you’re already an established boutique, getting your finances in order and knowing your numbers is essential to running your business. If you haven’t already outsourced bookkeeping, sales tax or payroll - get a free estimate today at www.boutiquebookkeeping.co/estimate!