How to open your business by buying goods abroad

Foreign brands attract buyers with their beauty, high quality and originality of models. Many of our compatriots base their business on this and offer to become the owner of clothes from abroad. What pitfalls await sellers along the way and how to establish a profitable business without financial losses?

Identifying important points

Clothes and shoes of foreign brands are always popular. Despite the high cost, sales of European manufacturers only increase every year. Buyers pay more attention not to prices, but to the quality and originality of goods. That is why a well-started business will soon bring dividends.

Before you start developing your own business, you should consider some important nuances:

• What do competitors offer?
• what interests consumers;
• What are the benefits of your services or products?
• what can interest the audience.

You can do this with the help of surveys on your own page in social networks or by analyzing the purchasing power of colleagues and acquaintances. In addition, it is necessary to collect information that relates to the process of selling goods from abroad:

• acquisition mechanism;
• offers and pricing policy of popular brands;
• terms and cost of delivery to Ukraine, etc.

It is necessary to calculate the required turnover and the price of services, taking into account possible costs. To determine the expected profit, it does not hurt to draw up a detailed plan that will spell out all the positive aspects of the business and possible disadvantages. Properly planning your business, it does not hurt to analyze whether it will be possible to recoup the invested funds with the most meager sales. In addition, it is necessary to take into account the possible appreciation of the exchange rate.

Getting Started

Having decided to go into business, you need to plan your purchases correctly. On major portals such as Ebay and 6pm, you can buy famous brands at super low prices. For example, New Balance sneakers during the discount period can be ordered for only $20, while their selling price fluctuates around UAH 1–1.5 thousand.

Manufacturers such as Next, Carters, Victoria's Secret, Zara , Mango, H&M and many other American and European brands arrange seasonal and holiday sales, offering discounts of 50% and even 70%. This feature can be used to buy hot products at a super low price. Thus, you will offer customers the opportunity to purchase branded clothing at an attractive price. In order not to miss profitable solutions, it is necessary not only to regularly monitor the information, but also to subscribe to mailing lists.

You can increase the popularity of your business using your own website, as well as using social networks. In them, you need to regularly make posts with popular products, new products and profitable promotions. In addition, it does not hurt to publish the latest news from the fashion world. This will not only increase your rating among buyers, but also indicate that there is always a place for useful information on the resource. In a separate block, you can display FAQ about the features of cooperation, payment and delivery.

Important to remember

In addition to a diverse assortment and favorable prices, it is necessary to think over delivery to Ukraine. One of the most reliable partners in this business is OrderWorld. Employees of the company will not only help you correctly form orders, but will also completely take care of all the hassle of organizing the delivery of goods from the United States and other European countries.