Supply Channels of Fast Fashion Stores
The prosperous fast fashion stores bring great entrepreneurial and investment opportunities to people. An increasing number of entrepreneurs at present are willing to seize such opportunities and know more about them.
Here we would like to have a brief introduction to the supply channels, the most common concerning things for most entrepreneurs.
High-quality supply channels are the target for all fast fashion store owners. There are mainly two key points for high-quality sources of supply, namely, good products and affordable prices.
1. Directly from factories
For a lot of store owners, directly purchase products from factories are available to get the lowest prices and thus save money. However, factories also require orders.
Some store owners will find that too many products may backlog the inventory while too few may cause disadvantages to prices. Otherwise, fees on transportation and travel shall be calculated.
2. From distributors
Generally, distributors are divided into grades and fast fashion store owners can purchase products from them locally.
After being selected by several distributors, the limited product quality and style may decrease the competitiveness.
In this way, the prices will be higher after profit distribution. Therefore, store owners may spend more on the products.
3. From e-commerce platforms
The development of the e-commerce economy makes e-commerce platforms become one of the main supply channels. The major advantage in this manner is convenient and quick.
Since e-commerce platforms are from the network, there will exist some differences in style and quality between online and offline. Besides, products usually cannot be returned or changed, which causes some risks on the backlog or poor sales performance.
4. From franchise brands
Franchise at present is popular for start-ups. The main reason why so many people invest in them is that franchise brands are convenient and can ensure their benefits.
It is easy to select products and return them for any poor performance. What’s more, the great purchase volume enables franchisees to get favorable prices as well.
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2021-05-18 09:09:49 +0800 CST