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How to Buy STOCK LOTS / Branded Discounted APPARELS & FOOTWEAR in Bulk (For Shop Owners)

How to Buy Branded Stock Lots
How to Buy Branded Stock Lots

What are Stock Lots?

Branded Stock lots are excess / surplus lots of products offered by brands, liquidation stock wholesalers, traders and distributors. These products are usually old season’s stock liquidated in bulk quantities to 1 or 2 people.

For Example- A footwear shop owner sees an opportunity to buy in bulk branded shoes – 200 assorted pieces of Nike or Adidas or Puma. Suppliers offer these shoes to the footwear shop owner as a stock lot, at a discounted wholesale price to further sell it to its customers.

If the articles are from old season’s stock then the shop owner can buy the stock lot @ around 65- 75% of MRP discounted price – depending on brands, source, material quality and type of product- mix in the stock lot. If the stock is just 1 season or 5-6 months old then brands would bulk sell it at around 60% off on MRP. Taxes would be extra (GST @ 18% is charged if the article price is above Rs 1000).

It’s advisable that the shop owner understands the stock lot product- mix in terms of fast selling sizes and designs and then chooses to buy in bulk as per demand at his/ her shop.

You can buy Branded Stock Lots in India here.

Types of Stock Lots:

Assorted stock vs. Set wise stock

In assorted stock lots articles/ products are found to have different designs, type of products and sizes. Whereas, in set wise stock lots, same articles with same design are found but in varying sizes with varying quantity ratios across sizes (like 1:1:2:2:1:1 for shoes sizes 6:7:8:9:10:11). If the stock lot is set wise chances are high that they are not original as the running sizes and designs would have gotten sold earlier; only exception to this being a case where designs across all sizes are very old and hard to sell.

Fresh inventory stock vs. E- commerce liquidation stock

Fresh inventory stock lot is sold by brands and their authorised distributors which comprise of new and running season articles whereas, E- commerce liquidation stock is sold by e-commerce owned sellers like Cloudtail (Amazon) and W S Retail (Flipkart) which comprise of old season (2-3 seasons) articles.

Unsold stock vs. Return stock

Brand or E- commerce liquidation stock lot can be categorized further in two types – Unsold stock / dead stock comprise of those articles which the brand/ manufacturer or the e- commerce players like Amazon and Flipkart are unable to sell. Unsold stock is usually more than 2 years old. Return stock comprise of those articles which are ordered by customers but returned due to failure in payment (like COD), logistical issues or returned by customers. Some of the articles in Return stock can be found to be dirty/ damaged. Vendor sells the return stock at higher rates if he removes the dirty/ damaged pieces. Return stock comprise of articles which are ordered- running sizes and designs.

Genuine stock vs. Fake or First Copy stock

Genuine stock lot comprise of original articles with brand bills whereas, Fake stock lot comprise of copied (first copy), damaged and rejected stock produced and sold illegally.

Key Points to remember while buying stock lots:

If you don’t find the brand bill then the products are not original.

A brand or e- commerce liquidation stock lot comprises of original products only if they are old season’s stock (2-3 seasons old) and Assorted

If you find latest products in liquidation stock which are new and running in brand showrooms then those products are fake/ duplicate. Remember it’s almost impossible to find original liquidation stock lot to be set wise.

Factories or unorganized players cannot sell branded products (excess / surplus stock) with brand labels –

It’s illegal to sell and buy stock lots/ products from such unauthorized bodies selling products with brand tags. Export surplus can be legally sold only when their brand labels are removed.

Original branded products/ stock lots can be sold only from those brands or their authorized distributors

Factories selling excess or brand rejected stock with brand labels is illegal and there is a high chance that the products are not brand originals.

Many unorganized wholesale players in marketplace sell fake products in the name of original bills –

For example, A wholesaler bought 10,000 pieces of a brand ‘x’ original products once. But later on he started bulk selling fake or duplicate products by showing the original bill of earlier bought 10,000 pieces; but not the actual bill of the duplicate articles sold.

Make sure you buy stock lots from authorized sources only like the brands or their authorized distributors-

to avoid legal punishment and unethical and misled buying/ selling of products. Buy only from GST registered and reliable companies with proper authorization.

E commerce liquidation Return stock lot comprise of genuine products only when it’s sourced from e- commerce authorized/ owned sellers-

Like Cloudtail (Amazon) or WS Retail (Flipkart) and so on; or through channels who are buying from Cloudtail or WS Retail. Return stock lot in such cases come packed in e- commerce brand labelled boxes with return slips. And Return stock lot do not come set wise.

E commerce liquidation Unsold stock lot will be from 2016- 17- 18 (if bought in 2020). And original products can be sourced only from Cloudtail (Amazon owned seller) or WS Retail (Flipkart owned seller).

Remember there are many unauthorized sellers online and offline claiming to sell original products which is illegal and buying from them brings in a lot of problems pertaining to legal action and penalty.

It’s advisable not to buy in very large quantities of stock lots with mixed variety of articles which can lead to dead stock piling up in your showroom.

Try to buy in small quantities of stock lots which are fast selling in your shop.

Make sure to distinguish between what is original and what is fake or duplicate.

Follow this blog for more info: How can Retailers check that the shoes they want to buy are ORIGINAL or COPY

For more information, you can reach out to us directly at 9116134795

You can buy Branded Stock Lots in India here.

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What are the important fabrics of Himachal Pradesh & how to buy?

Fabrics are an essential part of the cloth. There comes a variety of fabrics in this world. To choose a correct type of fabric for the clothing is the most difficult job and for the retailer, it should be a great task to have a customized fabrics available. The customer may demand any type of fabric, so the retailer should keep all types of fabric with him. In a country like India, there are many places to buy the wholesale fabrics. Every state has its different fabric. Here we will discuss one the most beautiful state of India, “Himachal Pradesh”. Himachal Pradesh is referred to as dev bhoomi and also it is known as the “Land of God”. The state was found on 25 January 1971. The word Himachal basically means abode of snow. Shimla is known as the capital of Himachal Pradesh. This state of India, Himachal Pradesh is surrounded by immense beauty. It is undoubtedly the one of the best tourist destination not only in India but in the world. A majority of the area in Himachal Pradesh is the mountainous area with lofty ranges, deep valleys, swaying waterfalls and a very beautiful greenery.

Being a state situated high in altitude, snowfall is a very common sight in most parts of the state. There are 12 districts in this state. Due to a very high production of apples, Himachal Pradesh is also known as the ‘State of Apples’. Summers days here i.e. April-June is a comfortable climate whereas winters are extremely chilly due to heavy snowfalls. Rainy season enhances the beauty of this place very much and it continues from July to September. Major rivers of the Himachal are known as to be the Chandra Bhaga, the Beas, the Chenab, the Sutlej and the Ravi.

Himachal Pradesh is one state that has converted itself from being the most backward state of India to one of the most advanced states in the country. Such a positive growth is being able to see in this country. Furthermore, Himachal Pradesh has become an economically fourth most valuable state of India. Tourism is a very major contributor to Himachal Pradesh economy and growth. It is also known for its best adventure tourism activities like ice skating in Shimla area, paragliding Solang valley, rafting in Kullu, skiing in Manali, Rohtang boating in Bilaspur and trekking, horse riding and fishing in different parts in the state.

How shopkeepers can buy these fabrics online:

 

A variety of fabric is also famous in this state. Chamba rumal, thapada etc are some type of wholesale fabrics that is being famous in Himachal Pradesh. It is not necessary to buy these fabrics from there only. There are many online wholesalers also who provide everything online. For example, there is an online company called “WholesaleBox”, it provides all kind of clothing, fabrics, accessories at the lowest factory price. The retailers can also buy these fabrics from there.

The very first Paragliding World Cup was hosted in India by Himachal Pradesh from 24 October to 31 October in 2015. Coming to the population of Himachal Pradesh, it has a total population of about 6,864,602 which includes 3,481,873 males and 3,382,729 females. This result is as per the final results of the Census of India 2011. This data is only 0.57 percent of India’s total population, recording a growth of 12.81 percent in India.(Data Link)

The primary source of income in this state is agriculture. Agriculture contributes 50% of the total income of Himachal Pradesh. Rice, wheat, barley, and maize are the very few types of crops that are being mainly grown in the entire state. Himachal is blessed for the fertility of the land, which is amazingly suitable for the cultivation of fruits. And also, the abundant availability of electricity has also encouraged the start of several small-scale industries in this state. Himachal Pradesh has an abundant amount of Tibetans having their home, and this is the reason that Buddhism is the next religion that is followed strongly by Hinduism. Muslims are as the very minority community in Himachal. The state also holds for 25.9 percent of the country’s total hydropower potential. As of the date March 2016, all the villages of this state have been electrified.
Due to this, a large number of craftsmen who are available and they make amazing handicrafts. This is the reason why there are many fabrics famous in Himachal Pradesh.

This state is one of the fastest-growing state in the pharmaceutical industry across India, driven by incentives and policies announced by the State Government in its Industrial Policy, 2004. China is the neighboring country of Himachal from east. The languages spoken in this state are basically Hindi (Official Language), Punjabi, Mahasui, etc. Snow Leopard, Jujurana, Deodar, Pink Rhododendron are the State animal, State bird, State tree, State flower respectively. Himachal is also known as the land of dances. Himachal has the dance forms that are varied and some are quite complicated in many aspects. Folk music is the greatest cheer to the people who are living in remote areas. Himachal is the most beautiful hill in India. Himachal Pradesh is mainly dominated by three main mountain ranges which are namely the Dhauladhar Range, Pir Pinjal Range and the Great Himalayan Range.

Now let’s talk about all the famous fabrics which are being available in Himachal Pradesh. The varieties of fabrics available in Himachal Pradesh are:-

1. Chamba Rumal :

The Chamba Rumal is also known as Chamba handkerchief is an embroidered handicraft of Punjab. Chamba rumal is that the subjects were drawn in outline by the women/girls on the court. Chamba embroidery were basically based on environment, beautiful nature, old mythology, vibes of everyday use and happenings of everyday life, cheerfulness, animals, birds, and trees etc. And geometrical designs are also very popular in Chamba rumal. The embroidery of this was done in soft shades in small double darning stitches which appear the same on both sides and looks amazing. Outlines and details of this were worked in double running stitches and sometimes even small patterns on costumes and other details of this were shown in colored darning stitch.

Retailers and shopkeepers can store these type of fabric as they are in very much demand. They can buy these fabrics from the online stores which are being available in India. If it is not possible for them to come and visit Himachal. From these fabrics, many types of clothing can be made.

The embroiderer who made this, used to creates Chaupar, it is a game of dice which is played on two long bands of cloth joined together to form a cross in cloth, on the rumal with four sets of players seated on the four sides. Chamba rumal Embroidery also showed elements of nature comprising like fruits banana, lotus flower, peacock, parrots, shrubs, monkeys, deer, fish, clouds, cranes etc. The figures and floral patterns of this were drawn on the Chamba rumals are filled with pat, which is a type of untwisted silken floss. Chamba Rumals are usually made of square or rectangular fabric of cloth of varying sizes and designs. Chamba embroidery is done on beautiful shawls and quilts, hence, it is recommended for Chamba rumal to dry clean the Chamba rumal and its products and keep it away from harsh and harmful sunlight which might damage its silken threads.

2. Thapada :

Thapada is the most popular embroidery and best garment available in Himachal Pradesh. Thapada usually represents the shawl with the best features of wider patterns and decoration on this. It is woven by hand or machines which are being found exclusively in Himachal Pradesh, state of India. And so this renders a natural quality which is inimitable. thapada has a special trend of embroidery which makes it look beautiful and also varies between wide ethnic ranges. This thing usually imparts a very traditional and regional essence to it.

Thappada is also found to have an extensive usage as designer drapery garments for special occasion gatherings. And also make them gain acknowledgment. This thing results in a much-acknowledged development in every sense of the steadiness and progress of the thapada weaving communities. Being a garment with the complete versatility to be worn with numerous combinations of basic attire, it can be decoratively worn for numerous social occasions and gatherings. Being very skilled handicraft makers, the Thapada makers are wonderful creators and designers. Being handmade, true appreciators always choose the Thapadas over modern gadgets or machine made sophisticated garments. The Thapada is a specialty of the various Himachal Pradesh craftsmen and handicrafts and is found to be appreciated and adored and loved all across India. These also retain smoothness and fineness in their texture. Himachal Pradesh with all its scenic beauty and traditions remains a national and international touring location all throughout the year.

The beauty and pretty look of this amazing Thapada attracts great purchase demand of people since it is an exceptionally handcrafted item of clothing, only to the beautiful lands of Himachal Pradesh. If we talk about the comfortability and wearing feel of thapada, the texture of the material of which the Thapada is made makes it a very warmth retaining garment and gives a pleasant feel. Each particular design of Thapadas is being treated by the customers as specific brands of skilled handicraft by themselves which look beautiful. The Thapadas that are designed for females can be combined up with various costumes of Himachal Pradesh and giving it an alluring look. Thapadas can also be decoratively combined up with any other Indian and western outfits as desirable. thapada embroidery does not require any special skill to wear. Thapada is an easy to wear a garment which comes in different sizes, attractive colors, best designs and colors to meet varied needs of a person. hence, the people who love to experiment with their garments can try this amazing traditional garment this winter season. The popularity of this thapada traditional garment has come to acknowledgment in both national and international markets.

We have seen that how thapada is such a good fabric. Anyone can buy these fabrics from the local markets of Himachal Pradesh.if for some retailers it is not possible to come and visit this state, they can buy these items from online stores like WholesaleBox which provide these fabrics at a very low rate.

3. Kinnauri shawls :

Kinnauri Shawl is a type of that beautiful shawl, which is being manufactured in Kinnaur district of the Indian state that is Himachal Pradesh. These shawls are well known for their geometric designs and pattern. If we take on average, it takes roundabout 45 days to complete a single piece of a kinnauri shawl. Kinnauri shawls have basically three kinds of Kinnauri patterns which are being woven in stripes and then they have intricate patterns which are being adorned with rich and bright colors running through their borders.

These Kinnauri shawls have also elaborate geometric patterns at the both of their ends. These masterpieces of a shawl with beautiful Kinnauri pattern are being woven all over the shawl which is very feast to the eyes of a person. It takes almost six to eight months in a year to complete one such work of art i.e. kinnauri. Price of these kinnauri shawls ranges from Rs.40000 to Rs.50000 approximately. Kinnauri Shawls legal registration would prevent the unauthorized production of these shawls and it will also prevent the misuse of its brand name. Violation of the act would invite a maximum of three years’ imprisonment and a maximum fine of Rs 2 lakh, he added. These are very beautiful shawls. As there’s very chilly winter in Himachal, these shawls play a very good role in preventing the cold. The designs of these shawls are very attractive and beautiful.

Hence, we have discussed the varieties of wholesale fabrics which are available in Himachal Pradesh. These fabrics are really beautiful and each one of them has its personal identity. The retailers and shopkeepers who want to have these fabrics at their stores they can keep them, as this fabric would result in a very profitable manner to them. The customers are demanding these fabrics very much. The clothing made from these fabrics are really beautiful and the very person loves it in every manner. So, the retailers can buy these fabrics from many of the online wholesalers available.