While most parents complain about the increasing back to school shopping expenses some of the parents find the back to school season to be a very lucrative one. Are you surprised to hear this and wonder how could this really be a lucrative time of the year when you are actually required to spend a lot of money on the school supplies?
If you are spending a lot of money on the school supplies then other parents are also doing the same during this time of the year. If you are a shrewd parent you will see the opportunities lurking behind. You have a ready market that is keen on buying school supplies. If you can sell any of the school supplies during this season you are obviously going to make a lot of money.
One of the most lucrative school supplies to resell is backpacks. Every year parents buy new backpacks as kids insist on getting a new backpack when they get back to school after the long break. You can take advantage of this trend and start reselling the backpacks to make some quick money during the back to school season.
However if you should decide to resell school bags during the back to school season adequate preparation is required from your end. You should order the school bags from a wholesale backpacks store. You will not be able to make any money if you order the backpacks to resell from a retail store. When you get the school bags from a wholesaler you will be spending just 10% of the retail price per backpack. This will give you plenty of room for handsome margin.
You can give steep discounts to your customers and attract more customers. You would not have huge overhead costs the other retailers have so it should be possible for you to offer attractive discounts to your customers and sell more backpacks. The trick is in finding the most reliable wholesale backpack store. The quality of the backpack you order should be top-notch. Also the wholesaler should sell the backpacks at a very competitive price so that you can make some money in the process. There is no point reselling backpacks if there is no decent margin.
It is not enough to order the backpacks from a wholesaler. What is even more important is to make sure that your backpacks are ready for sale well in advance so that when the parents start looking around for school bags and other supplies, you will have your stock readily available at hand. If you delay in ordering your wholesale backpacks you could miss the season. You should know that this is a highly seasonal business and once you miss the season you will be stuck with the stock and you will not be able to get your investment back until the next season. So make it a point to order your school supplies well in advance for reselling.