Retail Archives - Page 5 of 5 - Wholesale Fashion Square Blog

5 Nov

Retail Pricing Strategies - Wholesale Fashion Square

As a retailer, it's crucial to stay competitive. Retail pricing strategies will help give your boutique the competitive edge it needs to stay ahead of your competitors. Why is pricing a product so hard? It shouldn't involve emotions, so why do we have feelings about it? The reason is that pricing is one of the most challenging parts of owning a business. You want to be fair to your customers, to yourself, and of course, you want to make money. You worry that if you price it too high, no one will buy it. Or, if you price it too low, it will sell out quickly, and you could have made more money by pricing it higher. You are not the only one...

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13 Oct

14 Tips for Managing a Fashion Jewelry Boutique

by SMG Admin

Retail

Fashion Jewelry Boutique - Wholesale Fashion Square

If you are starting a fashion jewelry boutique, you are entering a multi-billion dollar industry, 38.25 billion to be exact. The fashion jewelry market rises each year, even during and after the pandemic when fewer people visited stores in person. Now customers are getting out again and shopping for favorites locally. Your clothing and jewelry boutique can be a huge success. Following the fourteen tips below can help you start a fashion jewelry boutique. 1. Create a Business Plan A business plan helps you get organized and serves as a guide on running your business. It helps you set goals and measure progress. Business plans can include your brand name, mission, vision, company description, finances, and marketing strategies. 2. Understand Fashion Jewelry Fashion jewelry is...

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8 Oct

7 Fall Fabrics to Surely Include in Your Boutique

by SMG Admin

Retail

7 Fall Fabrics to Surely Include in Your Boutique - WFS

It's the season to find the top fall fabrics for your boutique. But, where do you even start to look and how to choose? Here's a guide to help. Football, pumpkin patches, leaves changing colors and cozying up under a blanket with coffee and a good book are just a few favorites of the Fall season. Most people are happy to transition from the summer heat to cooler temperatures, from shorts and tees to fashionable layers, from flip flops to boots. Fall is a favorite for many people. There are specific qualities buyers are looking for in clothing today, like comfort while working from home. Yet, not so comfortable your coworkers think you are wearing pajamas in a zoom meeting. Customers want...

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27 Sep

9 Clothing Store Layout and Design Ideas to Improve Sales

by SMG Admin

Marketing, Retail

The layout of your store is crucial for sales. Here are some clothing store layout ideas we've collected from successful boutique owners. Your clothing store layout and design should accomplish the following goals: draw customers in, encourage them to check out the entire store, buy wholesale clothing and other items that give you higher profit margins, and return in the future as loyal customers. Whether you have a large or small retail space, you can design it to meet the above goals. Below are clothing store layout ideas we've collected from boutique owners who are winning with sales. 1. Use the Right Lighting Lighting throughout your store must be perfect. It can't be too bright or so dim you can't tell blues from blacks....

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21 Sep

How to Start a Boutique and Why a Business Plan is Key

by SMG Admin

Retail

How to Start a Boutique - Wholesale Fashion Square

Creating a business plan is essential when opening a retail store. These tips will help you learn how to start a boutique to ensure your store is as successful as possible. If your dream has always been to start a boutique, now is the time to do it. Some of you may have been forced to change careers due to the pandemic. Others may be sick and tired of the same old job and want to try something exciting. Anyone can start a boutique. However, not everyone can start and maintain a profitable retail boutique. One reason is that they don't understand the process of starting a business. They skip necessary steps that lead to success. They do the fun stuff, like purchasing...

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19 Apr

Dropshipping 101

by wfsblog

Buying, Retail

Dropshipping with Wholesale Fashion Square

How (and Why!) to Start Your Online Store with Dropshipping Have you ever considered starting an online boutique? If you’ve got great style, a love for the latest trends, and an entrepreneurial spirit, the idea of having your very own fashion-focused business probably sounds incredibly appealing. Less appealing, however, are the challenges that come with managing your own inventory. Expensive overhead, order minimums, shipping and logistics…suddenly your online business is bringing more headaches than happiness. If you’ve thought about starting an online store but shy away from the challenges of inventory, dropshipping may be the perfect solution! What Is Dropshipping? If you’re unfamiliar with the concept of dropshipping, we’ll start with the basics. Dropshipping is a method of supply chain management in which...

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