Hi guys, I've been away from the fastlane forum for a while now. I've done a fair few things in the past 2 years to increase my knowledge in various fields that were of interest to me. Now I have set of to start an online clothing store for a specific niche whilst also doing my 9-5.
I have tested the market using a small amount of clothes and they sold within 2 weeks. Although I made no profit as I was spending on ads and building a following on various social media.
Now I am looking to invest into a wider variety of products than my initial order (72 pieces of various sizes in first order which consisted of 14 different designs). My question is, how much stock should I get for my second order (or how much should I invest in stock)?
The average cost of the specific clothes to me is between $20 to $60 for a single piece. I'm thinking to get 5 pieces of each design (1 Small, 3 Medium and 1 Large).
Any help will be greatly appreciated.
I have tested the market using a small amount of clothes and they sold within 2 weeks. Although I made no profit as I was spending on ads and building a following on various social media.
Now I am looking to invest into a wider variety of products than my initial order (72 pieces of various sizes in first order which consisted of 14 different designs). My question is, how much stock should I get for my second order (or how much should I invest in stock)?
The average cost of the specific clothes to me is between $20 to $60 for a single piece. I'm thinking to get 5 pieces of each design (1 Small, 3 Medium and 1 Large).
Any help will be greatly appreciated.
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