Posted by Alex Jackson on 3rd Jan 2020
The new year has arrived, and this is a big year because you have decided to take your business to the next level by expanding your product offerings. Just one sticking point, you have a few dozen options and are not sure which direction is the right one for your business. It’s a common concern; resellers tend to find a niche, be it a women’s, men’s or children’s apparel category and stick to it like glue, not realizing they are closing the door on a world of opportunities. Then there’s the money and space concern, you want to try selling some new categories of merchandise, but you don’t have unlimited storage space. Finding a home for a pallet in your garage or storefront is always challenging, and money is definitely a concern. What is the solution here? Remember that old expression about how to eat an elephant? One bite at a time. This is also a great approach to testing the waters that a new category of goods has to offer.
For example, let’s say you sell women’s designer clothing primarily but are toying with the idea of bringing in shoes or some seasonal items like swimwear. Why not simply give both a try, Foxliquidation offers lot’s starting at just a few dozen pieces that are both affordable and easy to store even with limited space. One of the best ways to do a test run of a new product line is to give one of our small wholesale lots a try. In addition to offering affordable pricing and flexibility in terms of storage, these lots also ship fast, usually in one business day and are also not subject to order minimums, so you are free to spend what you want on that new line of goods for your business. Want to add some variety to your business by adding some new product lines? The solution is to take it one bite at a time.
This one’s directed to all the soon to be anxious parents out there dreading the impending summer break and their teenage children being home from school for two months. Yes, summer is just around the corner and it can be a real challenge to keep them occupied and out of trouble. Likely they have their own plans for how [...]
So it’s March and you’re ready to start up your business. Maybe Uncle Sam was generous to you this tax season and you want to take that tax refund and invest it in your business. That is a fantastic idea, take that money and make it grow! But then a realization hits you, where can I put all [...]
Ever talk to an accountant or a financial advisor? Heck you have probably gotten this bit of advice from financial talking heads on TV and it can be summed up in one word… diversify! There’s a lot to be said for diversification in any type of business and resale is no different. Whether you’re a grizzled veteran with years [...]