Steps to Start Fashion Boutique Business in Nigeria

 

Here in this article we will be discussing on Steps to Start Fashion Boutique Business in Nigeria.

Starting your own clothing shop boutique is a good business idea because the fashion industry is one powerful sector that will always be vibrant in any economy because all over the world, people have a basic need for clothing. Beyond this need, fashion are also evolving on daily basis due to the huge and diverse interest in styles.

 If you make up to 20 sales in a day, you can calculate how much you can make every day. Then, calculate how much profit you can make in a month, a in a year. 

if you are dealing on ladies wears. Ladies loves good clothing, shoes and accessories, it is not an exaggeration to say that it is a business you will fined very interesting.

Again there are people that feel and consider that this is a business that receives a lot of patronages mostly from women and therefore when starting and setting up that a lot of concentration should be placed on purchasing women’s clothes and items to be successful in the business.

When you buy a cloth for N3,000 in the market, you are likely to sell at N4,000 – N4,500, making N1,000 – N1,500 at the spot. I don’t want you to be greedy about this. So, let’s make it N3,500, if you make N500 per cloth and sell up to 10 in a day, you will make N5,000 for that day. That’s a good business, isn’t it?

Why Fashion Boutique Business?

1:You can Sell Any Type of Cloth:-

When starting a fashion Boutique you can specialize in, although if you can cope you can as well dip your hands into all areas of the business.

You can decide to sale clothes for children ,women or Men wear depending on the area you site your boutique if is school Area near university you can decide to go into mixed wear .

2:People Always Need to Wear Clothes:

There is a high demand for clothes from people as they need to wear clothes. Also, people like to look good and feel good and with this in mind are willing to buy good and quality and stylish clothes.

What Is Needed When Starting Up A Boutique

Good Customer Services

Good customers services is very important in any business. How you treat your customers will determine whether they will come back again or bid you and your shop farewell for good. There is nothing that sustains business like repeat sales, treat your customers well and will come back again and again. 

Treat them bad and will take even other potential customers along with them.

Good Marketing For Your Clothing Shop Boutique

Make handbills, complimentary cards, do promos, give discounts on clothes bought so as to attract more customers to your business.

In this kind of business you have to market yourself , invest in yourself wear those clothes, do good marketing, advertise you business on social medias, friends, neighbors and colleagues. 

How much does it cost to open a small boutique

This is the mostly ask questions on how to start boutique, you can start a small boutique with N500,000 to N1M. Out of this money, you will rent your store, buy hangers for clothes, buy a mirror that the customer will see, buy a small generator, buy lightings as well as cloth products you will use to start.

How to Start Fashion Boutique Business in Nigeria

1:Chose a Nice Location

When starting fashion boutique business the location of the business is very important 

Firstly you have to decide weather to start big or small you can purchase goods from the warehouse and sale directly to the customer depending on your location.

2:Buy your Stock

 Apart from looking far away, you can get yourself involved in mini importation or find an importer near you and buy your clothes.

A good place to buy cloths at wholesale price is Alaba international market, Aba, Wuse market etc. Some people prefer going to the Benin Republic to get fashion products at an even cheaper rate. 

3:You have to Understand the Business:

learn and know the latest fashion trends and stock up on them as this will increase your sales especially when your customers know they can get the best with you.

bringing out a lot of new styles and designs making this business a bit delicate because if you do not know your fashion well it can make you lag behind and lose customers.

4:Decide on what type of cloth you want to sell:-

This will be an important decision to make as it can affect how you start in terms of the amount of money you will need to spend when starting as well as where your business will be located.

5:Rent a Store

While looking for a store, please make sure you look for a busy area. A typical example of a good place for boutique business are bus stops, busy roads, inside the market, around school vicinity, etc. Once you secure a business place, tush it, and make it ready for business.