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10 Reasons Why Selling Second Hand Clothes Is A Profitable Business - Business - Nairaland

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How Second Hand Clothes (Okirika) Are Sorted And Put In Bales In Togo (Photos) / Be Your Own Boss Selling Second Hand (okrika) Clothes In Nigeria!!! (2) (3) (4)

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10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:39am On Jul 04, 2016
The booming business of Okrika popularly also known as “tokunbo” ,”bend down select” or fairly used wears (shoes, cloths, and other personal items) has grown in leaps and bounds with high yield in profit.

Though not all the wears have been previously used, though most are as they are cast offs or donations to charity organizations, but others are fairly new as they can be sold at high discounts by shopping malls to get in new merchandise or traded off.

Note: Throughout this post, the term ‘clothing’ or “wear” refers to clothes and fashion accessories such as underwear, bras, belts, ties, scarves, gowns, tops, blouses, shoes, socks, shirts, dresses, trousers and… anything you can also think of!

In this present time, even with the government’s prohibiting used clothing as contraband, (there are arguments for and against this, but that’s for a later discussion), the multi-billion dollar clothing market in Africa continues to grow and there are lucrative opportunities that lie within it. We also look at factors such as affordability, brands, quality and taste for local and foreign fashions that determine the choices Africans make about their clothing.

For those of you who are considering doing the business, I want to take time to discuss with you the beauty, business and challenges involved for you to decide if the sale of used wears is the best for you.

Like I said in a previous post, Okrika is one of the few businesses you do not need an advert for and requires little capital.

10 REASONS WHY SELLING SECOND HAND CLOTHES IS A PROFITABLE BUSINESS

1. It is cheaper, many can practically get a designer item for a fraction of its price if they don’t care if it has been worn before or not and many are not bothered.

2. It is popular among the upwardly mobile youths and middle-age population who are living with tight budgets ( especially with constant increase in rent and transport fare in big cities) but have to look good or the fashion conscious who are willing to spend money in acquiring more clothing items. More so, the population keeps increasing and70% of Nigeria’s Population are youths( students, self –employed, young parents, housewives,teens e.t.c) which also means the need for clothes is increasing

3. Fairly used wears are more durable than fake new ones ( as suggested by many)

4. Power of choice, you have different selections to choose from and according to your pocket as there are different grades and prices.

5. Requires little capital and less /no advert. They are easily recognizable and attracts attention anywhere they are displayed.

6. It has added advantage of a mobile market, that is one can move the goods from area to another (churches, schools, offices, roadsides, cars) to sell them faster.

7. Ready market, you can resell to individuals either online or physical contact. it has been proven that there is high demand for clothing items. Lots of Boutiques and individuals also buy these products to resell, just visit the shops in Ikeja, Yaba, Oshodi, Dugbe , Aleshinloye, Surulere and many others , many have a mix of the real and not so real deal.

8. High turnover especially during festive seasons, second to food, clothing is the next profitable business and necessity in a human’s life.

9. Requires little or no education but will to succeed, extra efforts and perseverance. Infact it can be an alternative source of income while still keeping your main job. Taking time to study fashion trends and customer’s buying patterns also helps in determining future market’s needs.

10. The sale of clothing items is already a money spinning business for many, and has great future prospects, you can evolve to invest heavily in the clothing and textile industry in the country as you progress, and when that happens, you would have had adequate experience and information about the industry.

HOW TO SELL TO HAVE HIGH YIELDS

You can get a shop to display your goods, do a mobile market or sell from home for the main time, the most important thing is to consider your location, prospective client base and how much time or resources you are willing to spend in marketing your business.

Have a reliable source of supply to always meet up with demands and avoid disappointing your clients.

1. Put in place a laundry and mending service to wash, iron and restitch any dirty, stained or torn clothing for it to be in a good shape and have a clean smell. (for those that intend to set up a boutique with it)

2. To have high turnover at the start of the business, dont compete with high end markets, except you are sure of your clients base and patronage. For example, if you buy a bale of chiffon tops at N110,000, there is possibility you will get 300 extreme quality out of 500 or more, say you sell at N500/700 each that’s a sum of N150,000, excluding transportation, delivery and rent costs, yyou can make a tidy profit of N40,000/100,000 on each bale, which is enough gain , (remember you still have about 200 extra remaining which you can sell at the rate of 300,200,100) imagine you get to sell 5 bales in a month.You can plough back this gain to reinvest in the business and get more goods unlike keeping and holding on to stock just because you want to obtain higher prices for them and you manage to sell 2 or 3 bales, the market wont move and your turnover will be low. So be wise.

3. Have good customer relations, to make your clients keep coming back and increase your referrals, talk to colleagues, friends and family members, they are your first marketers. Put posters, fliers in conspicuous places and other shop outlets if you have them to increase your business’s visibility. Give discounts to customers who make repeated purchases. Satisfied customers means repeated businesses.

4. As you improve on the business or right from the start, differentiate your own products by adding uniqueness and class to the packaging of the fashion items. Store them in airy, well lit, ventilated spaces to prevent bad smells caused by stuffiness or mildew. Get hangers, racks, packaging boxes to prevent water spills, insects, place price tags and labels to give good presentation, reduce haggling and attracts client easily.

5. Keep a record of all sales, items in stock profits and loss, be accountable for your business, pay your taxes, start a savings plan. Hire professional staff to help with the running and daily activities of the business as it grows. Separate friendship from business, discourage selling on credit and people owing you especially if your goods are reasonably priced. Have time for the business, especially in the first year of starting it to enable you have a good idea of what the business involves as this period is still a learning process. The first year will determine if you can continue and succeed in the business, but with adequate determination, it should be an easy journey

Tip: Bras, chiffon gowns, corporate gowns, chiffon tops, cotton tops and baby wears are the fastest selling items.

SPECIFICATION AND PACKAGING OF USED WEARS

Okrika is sorted and graded based on the following features: Quality,size,gender, neatness, grades (A,AAA,B,C, higher grades are costlier), Designs, weight, Intended user(adult, women, men, children). Bales(large bundles) are packaged containing tops, blouses, shirts, gowns, trousers, sweaters, bump shorts, socks, scarves, ties, belts, bras, shoes, bags, baby wears, with each bale containing over 500 to 1000 pieces in it depending on the weight (55kg- 120kg).

The other things required will be clothing racks, hangers, labels and price tags. You will be needing storage boxes for small items like baby socks, scarves, ties and belts.
For those interested in buying kindly contact me on 08160224637 via call or whatsapp.
P.S I have explained all that is needed to be known.
My location is in Lagos and I deliver nationwide to those outside Lagos.

7 Likes 1 Share

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 11:38am On Jul 04, 2016
To those that took out time to read the above information, please note that I sell UK bales only.
Bales available are:
Ladies cotton tops
Ladies chiffon tops
Ladies cotton gowns
Ladies polo gowns
Ladies chiffon gowns
All corporate gown Bale
Ladies trousers
Ladies office skirts
Ladies polo skirts
Ladies flared skirts
Ladies fashion jackets
Men office shirts
Men tshirts
Men trousers
Children mixed wears
Children trousers only
Children shirts only
Children skirts only
Leggings
Bras
Pants
Swimming wears
Bed sheets and towel bales etc

Prices are very affordable
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 11:43am On Jul 04, 2016
Pictures of clothes in the bales i sell, sent to me by my customers. Below are chiffon tops

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 12:26pm On Jul 04, 2016
Pictures of the all corporate gowns. Please have in mind that there are other types of gowns, but the all corporate gown Bale is mostly used by boutique owners.
The use of mannequin is mostly needed.

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by buchi4action(m): 12:34pm On Jul 04, 2016
Regarding to the current economic challenges, second hand cloth is more durable and cheaper

1 Like

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 1:01pm On Jul 07, 2016
When your customers can't stop appreciating you for a bale worth the price.
Thanks for your patronage ma. God bless us all.

Pictures of the children mixed bale I delivered to my customer in Lagos today. Couldn't stop taking photos...
Very lovely!

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 1:08pm On Jul 07, 2016
Everybody knows the economy is bad, but the wise ones will invest in a business that is worth it.
The business of first grade UK second hand clothes is a very lucrative business. You can do this business and still work in your office or any other place you work.

More pictures of the children mixed bale grade A, very clean and no single rags. Price 160k Quantity : 500 pieces.
Note: there are other bales with lesser prices from 70k-120k difference is the grade and quality

1 Like

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 1:13pm On Jul 07, 2016
I can keep showing you photos and photos and photos... Very very clean and lovely wears.

To place your order call 08160224637. Pay on delivery to Lagos residents only and pay before delivery to those outside lagos

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Benteazaa(m): 7:55am On Jul 09, 2016
I run a boutique in the east, and I need good ladies cloths, tops, gowns and trousers. how do I get in contact with you. chat me up on 08154817186
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 9:07am On Jul 09, 2016
I can be reached on 08160224637
Benteazaa:
I run a boutique in the east, and I need good ladies cloths, tops, gowns and trousers. how do I get in contact with you. chat me up on 08154817186
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by fowowe411: 12:02pm On Jul 09, 2016
Stella42:
I can be reached on 08160224637
Can I get a supply of Men's t-shirts,office shirts especially Stock shirts. ?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 7:19pm On Jul 09, 2016
fowowe411:
Can I get a supply of Men's t-shirts,office shirts especially Stock shirts. ?
do you want a selection of it? Or a bale?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by fowowe411: 7:39pm On Jul 09, 2016
Stella42:
do you want a selection of it? Or a bale?
Bale or selection whichever will be good in terms of quality especially and price
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:38pm On Jul 09, 2016
Alright sir. Do well to call or add me up on whatsapp with this number: 08160224637
fowowe411:
Bale or selection whichever will be good in terms of quality especially and price
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 4:32pm On Jul 15, 2016
Happy weekend nairalanders... cheesy
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by ariyebaba(m): 5:27pm On Jul 15, 2016
I patronize second hand market for my designers shirts,trousers,belt & leather sole shoes.

Ever since i have been enjoying it.

Its cheaper and of good quality.

2 Likes

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:49am On Jul 16, 2016
Thanks for your testimony... cheesy
ariyebaba:
I patronize second hand market for my designers shirts,trousers,belt & leather sole shoes.

Ever since i have been enjoying it.

Its cheaper and of good quality.

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:52am On Jul 16, 2016
Bags Bale are also excellent bales to deal with when looking for business to invest in, for more information on the bags Bale, please check my thread on the fashion section. Thanks
Pictures of bags in my bag bale are below... Very clean

1 Like

Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:34am On Jul 25, 2016
Good morning dear nairalanders and happy New week.
Kindly check my thread in the fashion section for more information. Thanks
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 5:46pm On Aug 02, 2016
Hello dear nairalanders if you're interested in buying half Bale of the ladies corporate gowns this week... Do well to let me know as soon as possible. I have a ready customer that needs the bale of ladies corporate gowns but she doesn't want a whole bale therefore I'll be sharing the bale between her and another person interested in buying half Bale as well. Thanks
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Eve62(f): 7:56pm On Aug 02, 2016
Stella42:
Hello dear nairalanders if you're interested in buying half Bale of the ladies corporate gowns this week... Do well to let me know as soon as possible. I have a ready customer that needs the bale of ladies corporate gowns but she doesn't want a whole bale therefore I'll be sharing the bale between her and another person interested in buying half Bale as well. Thanks

Can I pls have ur whatsapp number?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 11:11pm On Aug 02, 2016
Here it is: 08160224637
Eve62:


Can I pls have ur whatsapp number?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Eve62(f): 11:16pm On Aug 02, 2016
Stella42:
Here it is: 08160224637

Ok. Will chat u up.
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by kevwemanuel: 12:44am On Aug 04, 2016
Stella42:
Hello dear nairalanders if you're interested in buying half Bale of the ladies corporate gowns this week... Do well to let me know as soon as possible. I have a ready customer that needs the bale of ladies corporate gowns but she doesn't want a whole bale therefore I'll be sharing the bale between her and another person interested in buying half Bale as well. Thanks
how much is the bale of ladies gown and about how many pieces are inside...please I need it...Whatsap me on 08166185537
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 2:47pm On Aug 04, 2016
Kindly check my thread on the fashion section for more information. Thank you
kevwemanuel:
how much is the bale of ladies gown and about how many pieces are inside...please I need it...Whatsap me on 08166185537
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by brown3: 4:26pm On Aug 07, 2016
Stella42:
To those that took out time to read the above information, please note that I sell UK bales only.
Bales available are:
Ladies cotton tops
Ladies chiffon tops
Ladies cotton gowns
Ladies polo gowns
Ladies chiffon gowns
All corporate gown Bale
Ladies trousers
Ladies office skirts
Ladies polo skirts
Ladies flared skirts
Ladies fashion jackets
Men office shirts
Men tshirts
Men trousers
Children mixed wears
Children trousers only
Children shirts only
Children skirts only
Leggings
Bras
Pants
Swimming wears
Bed sheets and towel bales etc

Prices are very affordable
how much is ur ladies chiffon top
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by brown3: 4:34pm On Aug 07, 2016
Stella42:
Hello dear nairalanders if you're interested in buying half Bale of the ladies corporate gowns this week... Do well to let me know as soon as possible. I have a ready customer that needs the bale of ladies corporate gowns but she doesn't want a whole bale therefore I'll be sharing the bale between her and another person interested in buying half Bale as well. Thanks
how much is the half bale?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 6:51pm On Aug 07, 2016
Kindly check my thread on the fashion section. It contains more information. Or better still give me a call or add me up on whatsapp 08160224637. Thanks
brown3:
how much is the half bale?
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Stella42(f): 10:44am On Aug 27, 2016
Happy weekend people... Is there anyone interested in buying Clearance for resale? A customer of mine wants to clear her shop, so she's clearing chiffon tops, trust me those tops are still in very good condition and they're very lovely. Interested persons should kindly contact me so I'll give you her phone number. Buyers should be based in Lagos, for easy access.
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Bhonuel: 3:06pm On Aug 27, 2016
Hello,

I had to take my time to read through your post. I am interested in this business and I appreciate if you can contact via whatsapp or direct call on my number

08106186613

Thank you very much.
Bhonuel.
Re: 10 Reasons Why Selling Second Hand Clothes Is A Profitable Business by Bhonuel: 3:08pm On Aug 27, 2016
Hello,

I had to take my time to read through your post. I am interested in this business and I appreciate if you can contact via whatsapp or direct call on my number

08106186613

Or email me at: unuanelworx@gmail.com

Thank you very much.
Bhonuel.

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