HomeStart BusinessHow to Start Clothing Business from Home with Low Investment?

How to Start Clothing Business from Home with Low Investment?

Consider this. You pay a good price from a wholesaler and therefore you purchase 150 kurtis. After two months, most of them are still in boxes under your bed! The top tip for those looking to get into the home clothing business is to buy less than you’d like to.

Start Clothing Business

Determine the audience you are targeting in your sales.

With the knowledge of that, it’s easy thereafter. Your photos, captions and price start to make sense because you’re writing for one person, not a crowd. This can be a time-consuming process. There is a lot of advice out there about how to start a clothing business and many people try to have some sort of general idea, and then find themselves wondering, “Why didn’t anything sell?People read about how to start a clothing line, they have some vague idea, and then they wonder, “Why didn’t anything sell?”

Know what you know. You may have been working in these for years and have preferences on how they fit and what materials they are made of. Not so lucky? Basics, lounge and kidswear are always purchased each season so these are guaranteed to be purchased.

First, divide your money up

Suppose that you have Rs 30000. Place approximately 50% in stock. The remainder for the profits in photos, packaging, some marketing and a small pot for returns. There are some parcels that will return, so make plans for them. You invest the lot in stock and you have no money to take pictures of it. If you can’t see the clothes, then no one will buy them.

Where do you shop? Local wholesale markets provide an opportunity to purchase small quantities and this can be beneficial if you need to purchase without a lot of money. Dropshipping is a business model in which you don’t keep any inventory and thus your margin becomes smaller. A local tailor will charge more per piece but provide the design of which no other tailor makes. Choose one of the two, but begin with approximately 20 pieces.

Don’t use a website before using a marketplace

There are no websites that are brand new. Not at first, at any rate. The key difference about a marketplace is that the visitors are in the store and they are comparing and scrolling. All of your listings, orders and payments are in one place, powered from a laptop in your home. Ensure your bank account, PAN and generally a GSTIN is ready before signing up for the ecommerce platforms like Flipkart Seller Hub.

If you have started earning consistent business on online platforms such as Flipkart Seller Hub, then open a page on Instagram as well. This way repeat buyers can be able to send you messages and you don’t need to rely on somebody else’s platform for each sale.

The selling price is not the profit! Avoid the cost of fabric, packaging, delivery, commission, gst and returns. The rule of thumb is to charge 2-2½ times the cost of a piece. If you’re making less than a quarter of the price, charge more; otherwise, re-run the sum after commission is added to the ₹350. Or get a more budget-friendly provider.

Pay No Attention To Ads

Short Film Reels. Demonstrate the material, the cut and its use. The ease in which captions can be created: cost, sizes, fabric, shipping time. Take 10 customers’ pictures when they wear this and post them if they like. Quickly responds to messages, win won by small sellers. If one of your posts has been successful, invest a bit of cash in it. Just the one.

Monitor Your Stock On a Weekly Basis, On Sundays

Just one sheet is required. See the style, size, units left and units sold. Arrange the sizes which are removed first. If it doesn’t sell in 30 days, then do not purchase. The watch makes a comeback as well, since if it keeps coming back it’s likely to have a fit problem.

The first month is a trial period

The first sales give you more knowledge than any other lesson. Which of these photos did you click? What returned was? Use the answers to get your 2nd order. Well, that’s the way to begin a business selling clothes without risking your funds.

Today write your niche in a line and list 5 products in an online platform like Flipkart Seller Hub.

Check Before You Publish : Online Platform Registration papers, Commission rates, Apparel gst slab and average rate for return of the clothes online.

Shitanshu Kapadia
Shitanshu Kapadia
Shitanshu Kapadia is a founder of Money Excel which he started to operate since 2012.He has 15+ years experience in stock market, mutual funds, insurance, tax and financial planning and he has authored more than 1200 articles for Indian retail investors. He holds an Engineering degree and a PGDBA degree. Shitanshu is not a SEBI registered investment advisor. About Shitanshu
Disclaimer: This article is for education purpose only and is not investment,insurance, tax or financial planning advice. Shitanshu Kapadia is not a SEBI-registered investment adviser. Investments are subject to market risks. Read all offer, scheme and policy documents carefully before making any decision.