Buying wholesale sports jerseys can help you stock an inventory for your apparel store for less. If you are lucky enough to find a wholesale supplier that lets you buy small quantities, it can be a nice option for your team as well. Traditionally companies that sell wholesale sports jerseys want you to buy in quantities of at least 100. If you are thinking about opening up your own store this really should not be a problem.
It is important to manage your inventory and never keep too much on hand, but sometimes for the sake of being open you need to have a back log of jerseys. When you buy wholesale sports jerseys the company you get them from should be willing to work with you help you be successful. It make take a while to build up a relationship and build up credit with them. Your overall success should be just as important to them as it is to you. The better you do the better they do and hopefully you can find a wholesaler that understands that.
What To Watch Out For?
When you are picking a source to buy whole sale sports jerseys from there are a few things to watch out for. You want to avoid wholesalers that charge a ridiculous "membership fee" or "activation fee." Chances are they don't care about your actual success. They just want you to pay that fee. Whether you make any actual money is of no concern to them. Not to mention you are going to make it very hard on yourself if you have to pay a fee for your inventory. That will be on top of what you already pay per piece of apparel. The margins on sports jerseys are not very big. Throwing an unneeded fee on top of that will make it difficult to make much profit.
You want to find a wholesaler that will grant you a line of credit. Some wont do this for you immediately and that is understandable. They need to manage their risk the same way you do. You do it by not keeping too much inventory, they do it by asking for cash on delivery. After a relationship has been formed and you have proven you have the ability to pay them in a timely manner, they may be willing to extend you a line of credit. Most wholesale sports jersey suppliers can do this for you.
How Much Are Wholesale Sports Jerseys?
If you are picking out the supplier for your sports jersey store you can expect to pay between 50 and 70% of the suggested retail price. That doesn't leave you a ton of room for a profit. It can be done, but you need to be a mindful business owner that counts every penny. The reason they are so high, is because of all the royalties and kick back involved in selling officially licensed apparel. Of course you could sell counterfeit jerseys, but I don't think that is a good long term business plan. Sooner or later you'll get tagged as the retailer that sells fake jerseys. You won't be getting rich any time soon with that wrap.
When you consider the kick backs involved they can gobble up the profits. The company that makes the jersey need to get paid. They need to get shipped to the wholesaler. They are marked up again for the wholesaler to make money. Then on top of all that there needs to be a kick back to not only the sports league the jersey came from but the respective players association as well.
An NBA jersey for example not only sends a royalty to the NBA but the NBA players association gets a piece too. You can see where your potential margin get squashed. They also do this so jerseys will be sold for a relatively similar price. Most major sports organizations sell jerseys and they don't want their licensed retailers competing directly with them. By offering minimal margins for retailers, they are forced to sell the jerseys at comparable prices.
Where Can You Find Wholesalers?
Finding a wholesaler for sports jerseys can get tricky. Most likely you'll have to hop on the phone and call around. Everyone else is searching online so you probably won't find a good supplier. I wouldn't recommend buying a wholesale list either. Any additional costs should be avoided.
The best way to find wholesale sports jerseys is by good old fashion networking. Meet people in the industry and network to find a supplier.