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sierra01

Ukay Ukay

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sierra01

A cousin of her indoors wants to open a shop selling clothes, her plan is to buy bundles from another shop.  That's expensive so I think she should buy from a wholesaler, does anyone know where any wholesalers are located?

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lamoe

Depends on what you mean by Wholesaler - had a friend who had a shop way up north - would come in every other week to stock up  - then go to North Terminal to have shipped  via van - 4 hour time

Many located in Colon Street area around E-mall. 30 to 50% off on volume purchases - 5 + pieces

Take with a grain of salt https://yellowpages.cybo.com/PH/cebu-city/wholesale-of-clothing-and-textiles/

 

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sierra01

Thank you Lamoe.  If say 500kg was required it's best to go to a bulk seller, the people that supply the shops.

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Ozbrum
 

A cousin of her indoors wants to open a shop selling clothes, her plan is to buy bundles from another shop.  That's expensive so I think she should buy from a wholesaler, does anyone know where any wholesalers are located?

Buyer beware

Ukay Ukay.... bought in bundles, you get a random assortment of clothes.... as usual, mainly womens clothes, Korean is popular.... the bundles are graded .... a is best ....and so on.... most in Cebu buy b or c

google.... ukay ukay manila... there used to be dozens of suppliers .... 

depends also on size of shop she wants to open... if small.... then perhaps better to do a deal with a local shop.... buy either bundles, or stock from them.... most small stores have very small markup.... but because as in other business they do not put an hourly rate on there working time... they are prepared to work on small margins.

my lady had 2 stores.... took me ages to convince her there was no money in it....

good luck

 

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Jawny

I live in Leyte, and Cebu is close enough that we have considered setting up a clothing sales, but not used clothing.  We haven’t decided yet about this, but one of the BIL would set up a store front in a small market nearby and sell clothing he’d get from discount shops in Cebu.  It’s a lot more cost to set up, but has a greater potential for profit.  As well, he'd sell other items such as beauty products and such.

Second hand clothes stores are popular, but very little gain to be had.

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lamoe

My friend bought only  new and was in the process of setting up  in addition to her Net Cafe

I like to think she also liked visiting me :1frog:

 

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smokey

Any buisness is all profit as long as you use OPM.     Other peoples money 

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Alfred E. Neuman

There‘s classA, classB, classC, from US, Japan, Korea. One bundle for shirts, another bundle for pants etc.. If she sells retail, double the price for each item, the remainders at cost then buy another bundle.. I would suggest she sell bundles, not per piece(chump change).

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sierra01

I don't think she has the money to buy enough bundles for that, i think she'll start with a couple of bundles to spread out on tables and see how it goes.  I agree that selling bundles is better, a lot less work for a start.  

I'm not going to get involved financially, just try and steer her a bit.

 

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Headshot
 

I'm not going to get involved financially, just try and steer her a bit.

Either way, she will blame you when she fails.

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sierra01

I think they get round it by claiming it's donated or charity or something, obviously they do get round it because its quite a big business.

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shadow
 

I think they get round it by claiming it's donated or charity or something, obviously they do get round it because its quite a big business.

Until someone gets pissed off, like a designer label distributor. Since importing used clothing is illegal, it can and does occasionally get confiscated.

http://www.philstar.com/metro/2017/03/14/1680832/boc-seizes-p500-m-used-clothes-fake-goods

http://newsinfo.inquirer.net/709623/used-clothing-shipment-seized

http://www.gmanetwork.com/news/money/personalfinance/443665/boc-seizes-p21m-worth-of-ukay-ukay-from-south-korea/story/

http://www.visayandailystar.com/2017/March/10/negor2.htm

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samatm

its a huge business here.   I think 75% of the people here buy 2nd hand clothes.. (cant blame them).    running a UKAy UKAY is like any business worthwhile..  Very hard and most likely will fail.    However if you stick to it.. learn to buy low. sell slightly higher.. keep an eagle eye on  unmarked inventory.. have a good location, and Personally run the  business everyday..greet all customers.. provide regular monthly specials..clearance.. Advertise new arrivals.. Iron all clothes and hang them orderly..  YOU JUST MIGHT  have a business.   ---- We studied it----  and decided we didn't have enough committed labor personnel--mgt would be thinly spread--inventory would be hard to track---and we didnt want to worry about dealing with that level of clientel --- the ones that always want utang.  

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sierra01

Thank you everyone for all the useful information, I am passing it on and they still seem determined.  It'll be s family thing so no shortage of labour.

They're now looking for a shop to rent, I've told them location location location.  There's a new row of little shops going up near me that might be a possibility, I've looked around the area and can't find any other similar shops but still plenty of locals about.  Now they need to talk to whoever owns the development.

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Davaoeno

 

 

I used to incorporate companies for people. I would always ask them - if more money is needed who of you is going to put it in ? If the company goes down who of you is going to bear the loss?

It was amazing how many people had never discussed those questions among themselves, and after they did how many decided not to proceed ! hehe

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noddle
 

Thank you everyone for all the useful information, I am passing it on and they still seem determined.  It'll be s family thing so no shortage of labour.

They're now looking for a shop to rent, I've told them location location location.  There's a new row of little shops going up near me that might be a possibility, I've looked around the area and can't find any other similar shops but still plenty of locals about.  Now they need to talk to whoever owns the development.

I hope she has a tight grip on the family,  otherwise stock will go missing,  and or the money.

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RogerDat

How would you document your inventory, and know if some were missing?

They open the bail here, and all gather around picking thru the pile for bargains.

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sierra01

Would a Filipino understand documenting the inventory?

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maximian
1 hour ago, sierra01 said:

Would a Filipino understand documenting the inventory?

Yes. My wife always does our inventory, earnings, expenses etc while i just look at the reports! 

 

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