How To Run A Profitable Clothing Business & Make Money
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In this video we're breaking all the finances you need to know when running your clothing brand.
Timestamps:
0:00 - Intro
1:05 - Cost of Goods (Tips for Buying Apparel)
4:53 - Profit Margins (Wholesale, Retail, & D2C)
13:16 - Operating Expenses
15:32 - Outro
Chat GPT be like:
Superline Wholesale, your go-to resource for demystifying the financial aspects of running a successful clothing brand! In this informative video, we tackle crucial topics like Cost of Goods Sold, Profit Margins, and Operating Expenses, providing you with actionable insights to optimize your brand's financial success.
Learn how to calculate and optimize Cost of Goods Sold (COGS), master the art of purchasing apparel, and discover the ins and outs of profit margins in retail, wholesale, and direct-to-consumer (D2C) channels. We also share expert tips on managing operating expenses to maximize your bottom line.
Whether you're a budding entrepreneur or an industry pro, don't miss this opportunity to enhance your clothing brand's financial performance. Subscribe to our channel, Superline Wholesale, and visit SuperlineWholesale.com for more valuable content. Let's crack the code to clothing brand finances together!
How to run a Clothing Brand
How to run a Clothing Brand
How to run a Clothing Brand
Running a Clothing Brand
Running a Clothing Brand
Running a Clothing Brand
Keywords: clothing brand finances, cost of goods sold, profit margins, operating expenses, Superline Wholesale, financial success, retail margins, wholesale margins, D2C margins.
Пікірлер: 81
Been operating my business for 3 years now, real stuff here no fluff…biggest lesson i learned is buying all this inventory and not having a demand for it. Still sitting on 10k worth of inventory to this day 😅
@yngviifromspace
5 ай бұрын
Damn brother in the same situation ! really wanna do it again and better this time so hopefully this video has some good keys 🔑 hows your journey going for now ?
@Ideethomp
Ай бұрын
You can create demand by marketing it better or do a giveaway to promote some engagement. Sell it at local pop up shows and events that have vendors.. there’s 0 reason to have inventory and no demand either product isn’t good or you’re not marketing it right! Hope this helps…
Just randomly found your videos on KZread. I already knew all of this info but I appreciate you for breaking it down and reminding me how important it is to know understand all of it.
I really enjoy your insight to brand building and teaching how to start a successful business. I started a brand years ago that failed because I didn’t know half of this stuff. I’m in the process of starting a new one and this time around I’m already on a better path. Thank you
Thanks for this bro. I make dope designs and I'm learning the finances of it. This was helpful. Appreciate you.
This was very helpful.
Super official!!! Valuable information!! Thank you!!! Bless you and your business!!!
Thank you for doing the things you don't have to. I truly appreciate you like a real friend💪🏾💪🏾
This was soo dope bro! I'm very appreciative for this content.
thanks for this bro really needed it. business is business. do another in-depth video on operating expense and all that
@superlinenetwork
Жыл бұрын
We have more coming next week!!!
I f love you man, your energy and persona is something else, high high level, thank you for this.
Sometimes you could sell things at a 10 or 20% profit margin even to scale your brand and grow your consumer base very fast, like special deals etc
heat video my guy good speaking
This is free game! This video can sabe your business… Wish i watched it sooner though 😅
Please more more more finances pleeeease
Yo what was the instrumental you used at 4:55
A lot of good info here. The shipping on 1 is NOT the same as on 100, though.
You’re dropping some gems Bruh!!!! Thank you!
@superlinenetwork
Жыл бұрын
thank you!! we will be dropping crazier gems next week
More finance and funnel videos.
Thanks bro
Great vid. Very informative ❤
@superlinenetwork
10 ай бұрын
Glad you liked it
whats a middle price brand $ amount. being crushed is crazy !
Really so useful content.❤
Yo - can you make a video on size chart grading please?
SOLID INSIGHT!!!
Always been a dream of mine, I had passion but with zero to little time. Now that I do I wonder if 38 is to old to try selling a clothing line/brand.
Gettin Vibes like this guy saw profit and The other guy was like Idk mehhhh. SUGGESTION: Add Merch tag or title or hashtag.. Cuse this is 100% applicable to Branded Merch sales
Free Game🔥
@superlinenetwork
Жыл бұрын
Yesssssir
You the 🐐 my boy
@superlinenetwork
Жыл бұрын
thank you!!
I've been trying to find a place where I can buy wholesale rolls of good denim. I'm not sure where to look.
hello, Im confused, don't you add labor in the pricing of the goods?
Such a good video
Gold
@superlinenetwork
10 ай бұрын
Thank you!
Great video
Thanks mate!
❤❤ appreciate that king
where would you nike/adidas/puma fit in that profit diagram? top or bottom?
thanks for the insight
@superlinenetwork
Жыл бұрын
That's what we're here for!
Would this business model apply for other stuff other than clothing? For example mousepads or other stuff.
Free game, definitely liked n subscribed 🫡
this was crazy game
You worked at the bay? Your in Canada? Oh I need to talk to you guys!!!
Yeah sea shipping is the way with bulk
@superlinenetwork
Жыл бұрын
facts but it just takes forever
man this stuff stressful i aint even create anything yet
🔥🔥🔥
hmm Debit adds to good credit if you pay off on time hmmm
12:16 “Your margins are crazy!! 1,000% or 100%” 😂😂😂 The theoretical limit is 100% margins. That means every $1 of revenue is pure profit. You have zero expenses. Anything above 100% margins is impossible.
@TheOverpowered1
8 ай бұрын
true🤣🤣, but he means say your cost of goods for producing a product is 5 dollars each then you sell it for 1000% of that
where do they do $12 shipping for 100 tees?
@superlinenetwork
Жыл бұрын
Alphabroder and major distributors offer free shipping over $300
11:30 💯💯
💥💥💥
🔥
the shipping tip is wrong because if you order more = more package which is more shipping
@TheOverpowered1
8 ай бұрын
nope, it will cost more but the dollar cost average will be Much lower. For example you order 5 shirts and the shipping is 20 dollars, then u order 50 shirts the shipping is 80 dollars. the shipping in total is much much cheaper
Do I need a wholesale license to purchase products from you?
@superlinenetwork
Жыл бұрын
No you do not! We offer wholesale pricing for everyone.
@tonetone7693
Жыл бұрын
@@superlinenetwork Ok. That’s good.
You just did gross margins, not net margins at gross margins, 70% would be more economical, you have fix expenses that you cannot control or bring down, these usually would be 50% of the 70% you have. your number of 10-15% that is net. I would have said to focus on gross margins and not net margins, this way you can attempt your best to run as lean as possible. I would also recommend, that the net margins should be after you take your income out of the business, as a viable business still needs a stockpile of money. anything less than 15% net after owners have taken income as well is not a viable business
그래도 현실적이네요 규모의경제
If you buy something for $10 and sell it for $20, your profit is 100 %
💎💎
❤❤❤
Can you be my mentor?😅
Multiplication and division is not math. Vector calculus is math
This might be racist but I believe you and will use this because of your race I typed this before the video even started during the ad no hate just wanted to say this
@srtwizzy8535
6 ай бұрын
😂 u weird as hell bruh
First asian who sucks at math
My question for you is, do you create an LLC or S Corp?