How to Become a Successful Clothing Exporter?
September 23, 2022
HOW TO BECOME A SUCCESSFUL CLOTHING EXPORTER?
If you are reading this, then you probably want to start an exporting business. But how do you become a clothing exporter? For starters, you need a good amount of money. You also need to have an idea about the current fashion trends and be aware of what is popular at the moment. Generally, rules and regulations vary from country to country. So, try to gather as much knowledge as you can about export & import business. This will help you to assess how much you can pull off your clothing export business and become successful. The following instructions also guide you in the same way.
Tips to become a successful garment exporter
What do you need to become a successful exporter? There’s no secret formula for success in this industry. However, there are some important factors that will help you.
- Be selective in your choice of products
As mentioned before, it’s important to have knowledge about fashion trends. What’s currently in demand will help you to generate more revenue.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has identified 51 ready-made garment products for export. The best way is, research different garment exporters. You can visit the websites to find out more opportunities for you. There are few things you need to keep in mind for selecting what kind of products you want to export –
- Production capacity
- Product profitability
- Trade Regulations
- Demographic condition
- Find a reliable manufacturer
When you work with a reliable clothing manufacturer, you will get quality, responsiveness, competitiveness, and innovation. It’s important to build a long-term relationship with the manufacturer to work smoothly.
You can choose a domestic or foreign manufacturer to work with. If you want to save costs, you can look for affordable suppliers. Find wholesale clothing manufacturers in Bangladesh for cheap clothing exporters.
Bangladesh is a country with plentiful and natural resources. And it has become one of the major manufacturers of fashion wholesale clothing in the world. Bangladesh offers a number of advantages such as low labor cost, strategic location, and good connection to other countries
- Find out about your competitors
If you want to know where your competitors are and how they’re doing, then you can use the Google Trends tool to find them. It will show you the clothing exporters ranking that share a similar focus as yours.
Competitor analysis is used to determine your rivals’ strengths and shortcomings in comparison to your own, and also to identify market gaps. As a result, you’ll have a competitive advantage over your competitors in clothing exports by country.
- Use social media effectively
The role of social media is unparalleled, whether to find buyers or garment clothing manufacturers. But you have to know which social media can help you the most. You have to be picky while using it. For example, if you want to find the best Bangladesh clothing manufacturer you can find them on Facebook or Linkedin. But for the USA, effective social media is Reddit, Pinterest, and linked in.
- Join B2b markets
B2B markets are the most trendy thing nowadays, especially after post-covid. It will provide you more opportunities like getting more potential buyers, new leads for your business, cost optimization. The top five B2B marketplace are