How to Calculate Muslim Clothing Business Capital – Muslim clothing is an opportunity that can be used to make a profit. One of the clothing businesses that is currently becoming a trend is Muslim clothing. Moreover, this type of clothing is highly sought after by buyers because the majority of Indonesia’s population is Muslim. So this segment has become a soft and wet target market. To run it, you must first calculate the details of this type of clothing business capital. So that the cash flow can run smoothly and bribery can be avoided.
In detail, capital for this clothing business, to open a clothing business, prepare 3 to 5 million funds. From this initial capital, he spends 6 pieces on a clothing model of different sizes, namely S, M, L and XL. This is meant so that there are many varieties of clothing designs available. So that buyers have many options depending on the desired size and model. The details can be explained below.
3 tips for calculating Muslim clothing business capital
Profit margin from invested capital
From the value of the initial capital issued, it can be concluded that if wholesale sales are made, the profit varies between 10 and 15 percent of the price of the clothing. Because wholesale must usually be cheaper than retail.
Thus, if you only have a capital that is not too large, you should choose to buy clothes at retail. The reason is that the benefits can reach 30 to 100 percent. Moreover, if the clothes being sold have various patterns and designs. So buyers will be attracted because of the many options that suit their needs.
Smulasі the profit of wholesale and retail sales
For example, planning a clothing business capital, shopping for a Muslim dress code for Rp. 3,500,000, which means 1 piece of Muslim clothes for Rp. 175,000. Then sell it at wholesale price with a maximum profit of 15% X Rp. 3,500,000 = Rp. 525,000. On purchase of IDR 3,500,000 + IDR 525,000 (gross profit) = IDR 4,025,000 So the profit you get is IDR 4,025,000 – IDR 3,500,000 = IDR 525,000 (Wholesale profit)
Meanwhile, if it is retailed taking a maximum profit of 100% for a piece of clothing, then the heartburn profit is 100% x Rp 175,000. = 175,000 Rp. If all the clothes are sold, the profit becomes IDR 3,500,000. clothes IDR 3,500,000 x 100% = IDR 3,500,000
To shop for Muslim clothing at cheap prices, you can shop in the Muslim clothing business area. For example, in Tanah Abang, Jakarta. As a large-scale clothing wholesaler, this is very useful to be able to resell both wholesale and retail at higher prices. For example, consider shopping in Soreang Bandung. When shopping at the wholesale center in Soreang Bandung, business people can buy various types of Muslim clothing directly from the craftsmen. The advantage is that in addition to the low price, you can directly request the color, size, model and design according to the buyer’s request. So that an exclusive effect can be achieved.
Targeted Muslim clothing market
To start a clothing business, the easiest way to sell it is by selling clothes to family, close friends, friends, co-workers, neighbors and so on. Or it can also be sold online through social media. Like Facebook, Instagram, blogs and more. In addition, you can also sell via WhatsApp or Line. If you have an offline place or market, then feel free to move it offline through a boutique or clothing store.
Free use of social media is useful for reducing operational and marketing capital. So that the existing funds can be allocated for other more urgent needs. For example, for product photos to make them more beautiful or for making marketing videos.
Another tip to save on capital expenditure is to use garages that have been converted into clothing stores. In addition, you can set up an attractive boutique-style store with a rustic theme, to take advantage of the existing property in the house. To make buyers feel interested. So that the allocation of store or store rents can be deducted for other purposes, such as the use of paid advertising or other traffic-generating activities.