Chapter 301 Getting into Clothing Wholesale



Ah Biao stuffed the thick wad of money Lu Wanqing gave him into the waist bag hanging on his hip, pondering how to start a wholesale business.

He packed all the clothes, carried them on his back, and went to each of the individual vendors to ask if they would be willing to buy clothes from him if they could get them from Guangzhou.

Those who have been to Guangzhou not only endure the long journey, but also waste six or seven days, which really hinders their sales. If there really is a place in Beijing where you can buy goods from Guangzhou, they would definitely be happy to spend a little more money!

He asked eight out of ten companies and they said they would consider it, which gave him a lot of confidence.

I've saved up over ten thousand yuan and was planning to move out of Li Boxiong's house, but now I'm having second thoughts.

Why not take a gamble? Even if we fail, we'll still have a place to sleep and eat, so we won't be afraid of sleeping on the streets.

He possessed the servility of someone living in another's home, as well as an inherent thick skin.

So what if I'm disliked or ridiculed? It won't hurt me. As long as I don't take it to heart, I can't harm him.

With that in mind, he found a stall and sold all the clothes he had at cost price at once, then set off lightly for Guangzhou.

As for the two hundred pairs of pants that Lu Wanqing wanted, she didn't take them; he still needed to deliver them to Wenwan Clothing Store.

......

Lu Wanqing returned to the clothing store and told Lin Chunhua that a batch of bell-bottoms would be arriving soon, a total of two hundred pairs, to be shipped out at sixty-one pairs.

"I didn't expect bell-bottoms to be so cheap now?" Lin Chunhua said casually.

Lu Wanqing echoed, "With more people going to Guangzhou to buy goods, prices have been driven down by competition, and that's how it turned out."

In about six months, the price of these pants will likely drop further.

"It seems the clothing industry is truly ever-changing. I hope the store's profits won't decrease significantly in the future."

Lin Chunhua thought that if the profit per piece of clothing decreased, she would definitely not earn as much as before.

Little did she know that the demand for clothing was also exploding, and more people were buying clothes.

However, her concerns are not unfounded. More and more people will open clothing stores in the future. Meng Hui said that several clothing stores have recently been applying for business registration.

After giving her instructions, Lu Wanqing was about to go to school when she bumped into Meng Hui on her way out.

She thought he was looking for Lin Chunhua, so she greeted him and was about to leave when he called her back.

"Mr. Lu, there's something I need to verify with you."

"Oh? What is it?" Lu Wanqing stopped and followed him into the shop.

It turns out that someone wrote a complaint letter to the Industry and Commerce Bureau, saying that she hadn't paid taxes on the batch of bell-bottoms she sold last time, and that the shop should be shut down.

The current tax policy is that shops with operating revenue of less than 5,000 yuan pay a fixed tax of 200 yuan. For the portion exceeding this amount, no tax is payable if no invoice is issued, but if an invoice is issued, additional tax must be paid.

The bell-bottoms we sold last time were sold as part of a promotional event, so no invoices were issued, which is considered legitimate tax avoidance.

However, since someone has reported it, the Administration for Industry and Commerce must investigate the matter truthfully.

Fortunately, I had an acquaintance named Meng Hui; otherwise, if I had been accused of tax evasion, the shop probably wouldn't have been able to stay in business.

To thank Meng Hui for his kindness, Lin Chunhua took the initiative to treat him to a state-run restaurant.

Lu Wanqing glanced gratefully at Lin Chunhua and then began tending the shop herself.

At this moment, Ah Biao walked in carrying a large black bag.

In fact, he had been standing outside the door for a while and had even recognized Meng Hui from the Industry and Commerce Bureau.

He had initially considered renting a storefront to open a shop and even went to the Industry and Commerce Bureau to ask about some things to keep in mind when opening a shop. It was Meng Hui who answered his questions.

Meng Hui said that opening a store requires a shop, and even without income, a fixed amount of tax must be paid, which scared him.

He doesn't have that much money, nor is he confident he can make the business successful.

Unexpectedly, this store has such a good relationship with the Industry and Commerce Bureau.

"Boss, the clothes have arrived," A Biao said to Lu Wanqing with a smile.

Those who sell clothes at stalls are used to greeting customers with a smile.

Department store sales clerks can have a sour face, and you can only buy things from them. It doesn't matter how bad their service is. But it's different when you're setting up a stall. If you don't put on a smiling face and be polite, how can you keep customers?

This is also why state-owned department stores and supply and marketing cooperatives gradually declined. With more ways to buy things outside, who wants to see their grumpy faces!

Those who were most successful at the time were also the ones who suffered the most during the wave of layoffs.

Lu Wanqing asked A Biao to put the clothes down, counted them, and smiled:

"Young man, you're quite honest."

Back when he was buying goods in Guangzhou, he was stunned when he saw himself buying two thousand pairs of bell-bottoms at once. He took the goods and hurriedly made a hasty escape.

But this transaction at least proves that he is still a person of integrity.

Ah Biao scratched the back of his head and chuckled sheepishly. As he left, he casually asked:

"If you want to stock up in the future, you can contact me again."

"What? You're planning to go into wholesale?" Lu Wanqing asked suspiciously.

“Yes, your purchase this time gave me an idea. I’m thinking of trying wholesale.” Ah Biao stopped and said seriously.

Since Lu Wanqing is interested, she might be a potential high-quality customer in the future.

For wholesalers, people who were once considered competitors have now become potential customers, so naturally the more they know, the better.

Lu Wanqing never expected that someone had already surpassed her.

However, it is likely that he does not have much capital, and he will not buy too much at once.

"Actually, it's not that complicated if you want to do wholesale. You can start with other types of clothing. I can introduce you to a few garment factories."

Lu Wanqing said.

She didn't mind collaborating with Ah Biao, starting with a trial run in the wholesale business.

Ah Biao was indeed very interested. The two thousand pairs of bell-bottoms that young man had bought last time were now being sold in her shop. He couldn't figure out why, but he was sure she had plenty of money.

"Boss, let's talk in detail," he quickly replied humbly.

Lu Wanqing then told him her thoughts.

The clothing factory that Lu Wanqing collaborates with sells all her new designs, which sell very well both locally and elsewhere. However, few individual business owners know about them, and the wholesale price is high.

If Lu Wanqing goes to pick up goods in large quantities, she can get the lowest possible ex-factory price.

Ah Biao would then wholesale these clothes to individual vendors, and even if he only made a difference of one or two yuan, it would still be a huge profit.

As for lowering the purchase price, that would depend on Lu Wanqing's connections.

Lu Wanqing knows Factory Xu, and with her large-volume purchases, getting a low price shouldn't be a problem.

Ah Biao thought this was a feasible move.

That evening, Lu Wanqing arranged to have dinner with Xu Jin.

For Xu Jin, this additional business for the garment factory, even if the profit per piece is a little lower, increases overall revenue, which is a great thing!

During the course of a meal, the three parties reached a consensus.

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