By Seshadri Ramkumar

 

Posted March 28, 2016

 

LUBBOCK, Texas – Reselling fashion and branded textiles offers new opportunities for small businesses and entrepreneurs.

 

In the West, particularly, where garage and yard sales are common, extending this concept to re-sell high fashion and branded items may offer good scope for starting new business ventures.

 

Speaking at a recent 1 Million Cups Program, coordinated by Texas Tech University and volunteer members of the Lubbock 1 Million Cups Program, Shawn Anglin, owner of Lubbock-based Culture Clothing, made a presentation on his successful business venture that re-sells branded clothes and accessories.

 

Growing slowly but deliberately, watching cash flow to inventory levels and being consistent in details are important mantras for any business to succeed, according to Anglin.

 

In a question from this scribe on what values his re-sale textile business can provide to the customers, Anglin answered, “it is the cost of branded goods that matter the most. Re-sale branded items have discounted price, which is what the customers care about. Additionally, having a wider basket of fashion and branded goods provides good shopping experience to customers.”

 

Important tips to increase sales in re-sale business is being very mindful of inventory levels, not spreading too thin and having targeted marketing strategies. Good shopping experience in a good location and providing cost savings to customers can increase traffic flow and sales, said Anglin.

 

Not only re-sale textile business is an attractive business proposition, it is sound environmentally as textiles get recycled from one customer to the other without being thrown on to dump yards quickly. 

 

Dr. Seshadri Ramkumar, Ph.D, FTA (honorary), is a professor at the Nonwovens & Advanced Materials Laboratory at Texas Tech.

LUBBOCK PROGRAM: Resale textile business offers new scope