One data showed that the global trade for furniture rose to US $128 Billions in 2013; while another suggests that market value of luxury furniture market will hit the mark of US $27.01 Billion by 2020. No wonder thousands of entrepreneurs are flocking towards this industry, and no wonder you want to start your own furniture retailing business.
So, to get you best prepared for this venture, here are some of the current as well as anticipated trends of this industry that you must be perceptive of when adding your collections of designer wholesale furniture for retailers from any top manufacturer or supplier.
The ‘in thing’ today
o Contemporary furniture items are all over the world, be it for home or office.
o People around the world are preferring colorful and fancy varieties;
o Varieties that are designed for multi-purpose or functions; like those beds for with large under-drawers, or coffee tables with storages.
o The demands for large beds, sofas and other items have slowed down.
o People are looking for compact and small pieces that are space savers.
o Leather furniture items, particularly those sofas and armchairs, even after years, are going very strong. Only now, people are more open to different colored leathers like red, orange, beige, and chocolate.
What holds for the future?
o The demand for custom made furniture will peak like never before.
o The Green revolution will take over this industry, where manufacturers will use greener resources and methods to make environmental friendly designer wholesale furniture for retailers. The demand of the same in the consumer market will grow by passing years.
o Hardwood vintage furniture items will make its comeback, which, at the moment, has seemed to be lost in the crowd of contemporary pieces.
o The demands for compact, multi-purpose furniture persist.
o The demand of outdoor furniture will outgrow the other sub-niches.
Keep all the above mentioned pointers in mind and buy the best trend suited designer wholesale furniture for retailers from any top and well known manufacturing company.
Continue reading The Ultimate Guide for Dummies in Furniture Retailing Business
Many willful entrepreneurs, business owners and retailers will agree that it is easier to deal with options like clothing and accessories than bulkier items like furniture. However, the past decade has witnessed a steep rise and popularity of online furniture store which has in fact extended the scope of visibility and profits for retailers who are willing to take the leap in this direction. If you feel that you are good with home decor and furniture and are willing to kick start your venture in this section of online retailing, here are a few aspects that you must seek from your chosen providers at the very onset of the business…
Catalog Categories ► To begin with, chosen providers are required to house complete and all inclusive collection of wholesale furniture for retailers. This should be inclusive of conventional traditional options as well as modern jet age options. In any way, you need to cater to the interests of all buyers and your chosen provider should have the options ready and that too in proper justified price ranges. The word ‘wholesale’ always bears the label of affordability and you should be able to pass that down to your end customers and score more in their books.
Drop Shipping Services ► The next thing you need to keep an eye open for is drop shipping services. If this facility is available, you will be completely free of maintaining large stocks in your own stockroom, managing and keeping track of inventory and many more hassling tasks as such that slow your business down to snail’s pace. What you will benefit from the most is complete freedom from the arduous task of packing and shipping that happens to be the really killer while dealing with bulky items.
Dealing with Returns ► The next thing that is sure to benefit you lies in understanding the approach of your chosen provider towards the process of returns in case defects and damages are spotted. If they assure instant approval, you can be assured about their integrity.
Continue reading Starting Your Own Online Furniture Store?