Sourcing is
one of the most important business strategies and it needs to be well organized
in order to succeed in any type of businesses.
If you want
to take your fashion business in a new height, finding out apparel manufactures
plays a vital role. Though it is really hard to find right clothing
manufacture.
What are we
talking about?
We are
talking about apparel manufactories in Bangladesh, right?
Yes, there
are numerous ways to find out manufacturers in Bangladesh. The digitalization
of sourcing platforms is also helping buyers finding out potential apparel manufacturers in Bangladesh online through B2B marketplaces.
Bangladesh
as Second Largest Apparel Manufactures in the World
Did you
know, Bangladesh is the second largest apparel manufactures in the world?
Bangladesh
is also the second largest apparel exporter in the world after China and its is
expected to become the largest manufacturer in the world due to Chinese
business shifting. According to global apparel market report, Bangladesh has
exported 38.92-billion-dollar worth apparel all over the world last year and it
will reach 42 billion in the next year.
Do you have
any idea about the Denim industry of Bangladesh?
Bangladesh
is also the second largest denim exporter in the world and it is the largest
denim exporter to the European Union. US market will be taken under control by
Bangladesh according to denim export ratio.
Why are we
talking about Bangladesh?
Because
Bangladesh is the most potential apparel manufacturing nation in the world. And
it provides the best price. Brands from around the world are coming to
Bangladesh for manufacturing their product in cheap rate. And if the
manufacturing cost is low along with trade free facility, Brands and companies
can make a better profit. Therefore, Bangladesh might be your next destination
for sourcing apparel for your business.
What to
Consider in an Apparel Manufacturer?
Well there
are various things to consider among apparel manufacturers. In the beginning,
when you are looking for apparel manufactures in Bangladesh, you have to
consider a few things.
First of
all, you have to make sure that they big enough to support you uninterruptedly.
Even they will be able to provide you with massive production if needed. If you
are running your business from out of Bangladesh, then they must able to
deliver your product on time and they don’t have any legal issue. You also need
to know about their minimum quantity while you are ordering. Always ask for
samples. If they are big enough and capable of providing you good quality
products then they must be able to make sample in their own facility. So, these
are some of the important thing you need to know from the manufactures.
Easiest
Ways to Find Apparel Manufacturers
The apparel
and fashion industry are highly competitive and if you need to survive in the
fashion business game, a right apparel manufacturer is inevitable. If you are
carefully reading this article, we will take you through the process of finding
out apparel manufactures.
Digital
Platforms
The world is
digitalized now. Every single business is going online because people like to
conduct their business online and remotely. So, this is also a good option for
all the manufactories to find out buyers.
Online
platforms such as, B2B marketplace, manufactures directories, social media
channels and so more.
B2B online
marketplaces are the most sophisticated digital platforms for buyers to find
out manufacturers from around the world. Since Bangladesh is a huge potential
country full of apparel and textile manufacturers, they are also moving toward
digital platforms. After so long they have come to understand potential of B2B
marketplaces. If you are a buyer you can visit those dedicated apparel and
textile B2B marketplace for connecting to manufactures. GoSourcing365 and
Alibaba are two of the best platforms for apparel and textile sourcing.
Directories
are less efficient and they have come to the industry earlier than B2B
marketplaces. Directories have less features and they only list manufactures
with their relevant information. This can also be a viable option for finding
out apparel manufactures from Bangladesh.
Trade
Show in Bangladesh
I guess you
have proper idea about trade shows if you are in apparel and fashion
businesses. These trade shows showcase apparel and textile manufactures in
their physical state and with real products. If it is possible for you to visit
those trade shows happening in Bangladesh or out of Bangladesh with Bangladeshi
manufacturers, this is will be the best option for you to find out
manufactures. You can make real deal from trade shows and you are actually less
likely to get bad products.
Trading
Agency
If you are
not interested in online options, you will have to think about the trading
agencies in Bangladesh. Even most of the large-scale brands are still having
their work done with trading agencies. Your trading partner in Bangladesh do
know a lot of manufactures so I guess trading agencies will be a very good and
viable option for your sourcing. There are some downsides of trading partners
which is it costs a significant amount of money to hire one. If you are a
startup looking for Bangladeshi apparel manufacturers, you get to go with
digital platforms. Because they cost nothing for buyers.
In
conclusion, if you are looking for apparel and textile manufacturers from
Bangladesh, there are various ways to find out them. Digital marketplaces and
traditional options all are available for you but you have to choose them very
wisely so that you happen to have no trouble in getting a good deal. Because
your profit margin depends on manufacturing cost and if you can find out right
manufactures from Bangladesh you can succeed in your fashion business.
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