Empowering your fashion business with low MOQ and sustainability for 2023 growth

Feb 2

Written By Kelly Ji

Having a small minimum order quantity (MOQ) can bring several benefits to businesses:

Cost savings: Small MOQs allow businesses to order smaller quantities of products, reducing the upfront costs of production.
Reduced risk: With smaller MOQs, businesses can test new products and markets with minimal financial risk.
Increased flexibility: Small MOQs provides businesses with the flexibility to quickly pivot their product offerings based on changing customer demands.
Improved cash flow: Small MOQs allow businesses to conserve cash by ordering only what is needed, reducing the need for large capital investments.
Improved supplier relationships: By placing smaller orders, businesses can build trust and establish long-term relationships with suppliers.
Supports small businesses: Small MOQs can help small businesses and startups to grow by allowing them to purchase the products they need in smaller quantities.
Promotes sustainability: Small MOQs can encourage businesses to focus on sustainable and responsible sourcing practices, reducing waste and promoting environmentally friendly business practices.

On the Customer's side, Low inventory can protect an e-commerce private label business in several ways:

Increases cash flow: Having low inventory levels frees up cash that can be invested in other areas of the business such as marketing or product development.
Improves product turnover: By regularly selling out of stock and restocking, a private label business can improve product turnover and keep its offerings fresh.
Avoids overstocking: Overstocking can result in storage and handling costs, as well as reducing profitability by tying up cash in unsold stock.
Improves flexibility: With low inventory levels, a private label business can respond quickly to changes in consumer demand and pivot its product offerings accordingly.
Enhances customer experience: Low inventory levels can lead to quick product sell-out, creating a sense of scarcity and driving customer demand.
Focuses on profitable products: By keeping inventory levels low, a private label business can focus on its most profitable products and discontinue less successful products more easily

The year 2023 has begun with a fresh perspective. To learn more about us and the benefits we can bring to apparel sourcing, please take a look at our newly launched website.