Women simply love handbags and the more the better. If women could get their hands on wholesale handbags at bargain bin prices, they would be the happiest creatures on planet Earth. Women have many reasons to purchase handbags and one of them is the fact that these items will add a fashionable accent to their outfit. Women in general are very careful about their appearance, and designer handbags are important for them. The problem that many women out there face is that designer handbags tend to be expensive – some of them cost as much as $500 or even more. We are going to talk a little bit about how to buy designer handbags at wholesale prices.
Make up Your Mind
Before buying any sort of designer handbag out there, you need to decide which of the top brands on the market will be on your list. Jot down a list of the top 5 brands of designer handbags you plan to buy. Next look for wholesalers on the internet, but you have to be prepared to travel a little bit. The purpose of traveling will be to get the best prices for you.
Prepare the Budget
A budget is one of the most helpful tools you have in order to be successful in this venture. You can expect to pay up to 80% off the retail price, which means you will have a decent profit margin to make your business thrive. To have a better understanding of why wholesale prices are so low, refer to this definition.
You need to go to small boutiques in order to buy overstock items. Ask them about their suppliers and whether you may buy from them too. These businesses will be able to help you to get what you want as soon as possible. You must also make sure your handbags are of the highest possible quality and from reputable wholesalers. It is also paramount that you hold the designer handbags so as to make sure the materials they are made of are of the highest possible quality. You might also tend to think the internet will solve all the issues related to this process, but you just need to use it as a last resort.
You must talk to as many as wholesalers as you can about the satisfaction of their customers, years in business, stock, return policies, and related questions. One of the important questions you may ask your prospective wholesaler is about certificates of authenticity and registration numbers. They must provide you with this sort of information for you to be on the safe side.
Contacting the wholesaler either by email or phone will be useful for you, and they will give you all the information you need as long as you avoid interfering with their business. You might also need a business license or permit in order for you to deal at a particular county, state or city. By visiting the small business office of your county or city, you will find out the truth about this important aspect.
Online testimonials are not a demonstration of authenticity of any handbag out there. You must understand that many of these firms just pay freelancers in order to get the testimonials they need. Do not believe a word people say in those testimonial because they are not true in many occasions. What should you do in these particular cases? You should call the wholesalers and ask them about some of their past clients. All you need to do is to contact those clients, but make sure these are legitimate clients.
It is also paramount that you get quotes for different wholesalers so as to be able to get the best bang for your buck. You must also get a resale permit or even a tax identification number as soon as possible. Why do you need to deal with a resale permit? The reason is simple: you will get a better price from wholesalers as they will see you as a professional in the field. They will understand that if your have taken the trouble of getting a resale permit, then you must be “somebody.” Not all wholesalers require this permit, and if you happen to find a reliable one that leaves out this requirement, then consider yourself extremely lucky. One such example of a reputable handbags wholesaler is The Purse Obsession. They are open to the general public so long as you meet their minimum order requirement, and they would likely meet all your style needs with their diverse selection. Click here to see their wholesale fashion handbags all priced at ultra low prices.
Buying wholesale purses is not a stroll in the park, since there are many factors you need to take into consideration before taking the right decision. Before buying any designer inspired handbag, make sure you get a business permit. Not all wholesalers have this requirement, however, as explained above. Read this wikipedia excerpt to have a better understanding of what wholesale is all about.