Buy now, sell later strategy in business

Starmix

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Buy now sell later business strategy is one business plan to evade the double increase of prices so while you're still preparing for the business rent and space better buy in advance and sell the goods later. It's what I'm doing now to my online business selling printed T-shirts, I bought the t-shirts in bulk in advance to save money. What's your stand about this strategy?
 
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eldavis

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Though this has an advantage, especially now that the cost of things keeps increasing, but there are some down sides as well. Those who do not have enough capital will not be able to afford buy more. Then in a situation where the goods might not be trending any longer, it will be hard to find a buyer.
 

Starmix

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What if you cannot sold everything from your inventory? You will be at a loss, right?
T-shirts won't get rot and rust. I always have customers but for an offline business like creating a mini store, I can buy in advance especially the canned goods, laundry soap, sachets of coffee, or shampoo and more. Choose the one not perishable.
 

Shavkat

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Personally, I am quite choosy when dealing this kind of selling and buying of products. The sellers are quite good in tricking their target consumers. So, we really need to be vigilant on this matter.
 

AmazingJob

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There will be pros and cons for this though. What if the demand becomes low and you have more items in the inventory. Instead of selling them in the highest possible rate, it will become cheaper that the actual amount because of the demand.
 
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