Finding a good supplier is not an easy task. The market is full of suppliers that offer products at lower prices and with a good quality, but it's difficult to find one that satisfies all these criteria. Costura was our biggest helper in this regard. It is a very useful tool in finding cheaper, faster and reliable suppliers that offer good quality products at a low price that help us meet our financial objectives for our business.
To increase our margins, we needed to find a supplier that offered the best price for our product and had the best quality. This way we could sell our apparel collection at a higher price and make more money without sacrificing the quality of the product.
The best strategies begin with an in-depth understanding of your finances.
The first way to improve margins is to focus on the margins they take. Having better prices, delivery time and customer service suppliers means, not only that we make more money but most importantly, that we can pass those benefits along to our customer.
At Barbell Republic, we decided to focus on the product and quality of it instead of focusing on the price point. It took us longer in the early few years but we were able to decrease the cost of goods sold as time passed as well as offer a high quality product that our customers love.
When we first started out, we realized that if we’re going to be selling a certain product, finding a good quality product is essential. The customers are going to come back for more if they like the design, appearance and overall feel of our clothes.
Costura helped us a great deal in deciding on the most suitable manufacturer for our products
Costura helped us a great deal in deciding on the most suitable manufacturer for our products, it was essential to understand their reputation and more importantly the quality of production that different suppliers have to offer.
If you have little experience in this particular field, as we had, then it might be a good idea to do thoughtful research, take advantage of the search function, as well as checking the reviews or asking questions to the Costura community and see if they would be able to recommend you to a manufacturer that you will be happy working with.
In conclusion, finding the best possible price and supplier seems to be more important than ever. You will save time, money and reduce unnecessary risks if you carefully plan before choosing a manufacturing company.
You can visit the Barbell Republic store at www.barbellrepublic.com