8 ways to be profitable in fashion wholesale


To understand more about wholesale pricing I recommend that you read this article, as this will give you a base foundation first.

The reason I am recommending you to up-price your pricing (RRP) is that it is 100% not possible to sell the exact same product into a new market with all the extra added costs (duty, tax, freight etc) and produce the same profit as you would on your own website, therefore you need to consider up-pricing.

First, you need to conduct a pricing analysis of that market and your competitors to understand what the average entry and exit price points are for your category, therefore highlighting to you what % increase you can up-price your product by to still remain competitive. Then, you need to calculate the additional costs and what that looks like as a % of your RRP, the result is how much you are able to up-price by to ensure you’re still competitive and profitable in fashion wholesale.





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