Use alibaba only if your local suppliers can't supply you, if they can you should negociate the margins with them and work with them because once you got sales and you hit the "Sold Out" title, you'll have to wait 1 month to get a new order from China, customers will slowly lose interest as you got no stock for them and won't get back.I'm interested in starting a Fashion Brand one day. I have a great market picked out, solid marketing plan, but the process of getting designs and factories is where I fall off - don't know anything about this other than "use alibaba" so I appreciate what you are willing to share on this.
In other hand, if you work with your local suppliers, they normally have a constant stock and then you would just have to make a call and make an order in 5 min and it's done.
The margins are taking a 'shot' sure, but you're saving a precious time.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today