on orders over $50
From one business to another, we all have something in common - a bottom line. In order to make a profit you have to manage your bottom line. One key factor in your bottom line are your expenses. If you’re not careful, it’s easy to let expenses get out of hand. That’s why business owners love finding places to save a little dough.
If you’re in the t-shirt game, a great way to cut expenses is to buy in bulk.
What is bulk buying?
Buying in bulk is when you purchase large quantities of a particular product or good. This is typically done at discounted pricing. Purchasing products at a lower price per unit in exchange for a much larger quantity allows the customer to fulfill more of their demands at a lower cost, therefore generating more value per piece purchased.
But is buying t-shirts in bulk really going to make that big of a difference in the long run? Let’s touch on the 5 advantages of buying t-shirts in bulk.
So what are the 5 advantages to buying t-shirts in bulk?
One of the biggest reasons for buying tees in bulk is the cost. The more you buy, usually the lower the cost becomes. Most suppliers will offer discounts on large quantity orders. Here’s our advice; check with your suppliers and see where the starting number is to qualify for bulk purchases and then see if they can work with you to achieve that number. Buying in bulk might not mean that you have to buy all within the same brand, style, color or size. Once you speak to your supplier, go back to the drawing board and layout a plan of attack that works best for you to reach that purchasing number and lower your overall per t-shirt cost by a significant margin.
On that note, let’s talk about profit. For all small businesses out there we understand how important achieving a high-profit margin is. By buying in bulk you are able to obtain your apparel at a cheaper price and resell it at the same price you were selling it for, or even cut the price to the consumer, while still achieving a higher profit margin. Customers are attracted to cheaper prices, which should mean more sales for you. It’s a win - win.
Rather than spending your time online price shopping, ordering and waiting for the various different items to arrive, you can buy in bulk. Buying in bulk allows you to spend your time on a single order with everything you need. Let’s be real, determining the inventory you will need at first may be difficult. Here’s a tip; if you have a clothing line/Etsy collection, stick with the same shirt color for each design. This way you can buy in bulk before you print and fulfill each order. If you are a print shop you can set a minimum order for your customers or buy popular colors and sizes. It may be challenging at first but in the end, if done right, buying in bulk will save you both time and money.
At most companies, along with the reduced price of goods they also offer free shipping on bulk orders. Conversely, most companies will charge you shipping up to a certain price point. Not only adding to your order total but adding extra cost each time you order. When buying in bulk you not only save on the item but you save on the shipping costs too.
Having inventory on hand can be both a blessing and a curse. In this case it’s a blessing. When buying in bulk for your business you can make the choices that make sense for you and you are able to have the inventory on hand that is readily available for you at any moment. No more waiting on the UPS man to knock on your door.
It's time to get started. Save yourself some dough with cheaper tees and take your margins to the next level. You will not only save on the cost of shirts but on your time and shipping costs as well. Start ordering your bulk shirts from ShirtSpace.com today!
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