Wholesale Bags To Sell Online
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The handbag and purse industry is currently worth an astounding $139 billion in revenue and it continues to grow at an annual rate of 5.3%. The growth of handbags in the United States has been mostly due to baby boomers who are easy to market to on Facebook. The handbag market has an extensive range of styles from backpacks to wallets to bucket bags and more. While it’s possible to build a highly profitable handbag business, this niche complements other product categories as well allowing you to eventually expand your brand. You can sell accessories like sunglasses, apparel and shoes.
Due to the diverse number of bag styles and colors, it’s more financially sound to dropship bags than to wholesale them. You’ll be able to offer your customers a greater selection of products. You’ll also be able to test out different styles to determine which bags are the most profitable. As your store grows, you can even choose to test out non-bag items like sunglasses, shoes, and fashion to see what types of products your customers prefer without any additional risk. Dropshipping allows you to sell up to 30,000 products without having to buy any bulk inventory. It also allows you to scale quickly as you don’t wait for inventory to arrive nor do you need to package and ship goods yourself.
Oberlo dropshipping is one the easiest ways to start an ecommerce business. It doesn’t require much capital investment. You can even run a profitable business from your couch.
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