The global Luggage market size was $34.5 billion in 2023 and will grow at a CAGR of 4.20% from 2023 to 2030. So more and more people want to get into the luggage business, but they don't know how to start? In this article, we will discuss how to engage in online luggage business? Analyse the following points one by one?
1:Data analysis
open a shop, which is also known as a brick and mortar shop, or start an online shop. Because whether you are in the online business or in the offline business, you generally need to have a company and preferably have your trademark registered or be authorised by another company, we will not discuss this part of the details.
Analyse the big online online shops in your country. Each country's common online shopping platforms are different, for example, the United States is amazon and walmart, Mexico is amazon and mercadolibre. this time, you can use some professional tools or directly in these platforms to search for the bestSeller. for example, luggage, there are handbags, totes, school backpacks, outdoor backpacks, fanny packs, travelling bags. Outdoor backpacks, fanny packs, travelling bags and so on. Depending on the type of bag you want to sell, analyse which type of bag sells the most, what is the average selling price? What is the average monthly sales and so on. Then go to the reviews of these products to check the bad reviews, record the name, picture, price, and shortcomings of each type of bag you want to sell.
2:Find a supplier
Find suppliers based on the data recorded in the table above. Nowadays, most of the luggage manufacturers are basically in China, India, and Vietnam Southeast Asia. We recommend China because it has stronger supply capacity and more competitive price than India and Vietnam.
To find suppliers, we can search through Google. For example, type in: china bag factory,custome bag in china and so on, you can see the official website from many companies, click in to check the company's basic information, such as the establishment time, the number of people size and whether to support customisation and so on. At this time there is generally a contact us button, you can directly submit some product pictures and specifications and their contact email on the website. After receiving the information, the factory will have someone to contact you immediately, for your products to put forward a quotation, is the spot or customised, the time needed for production and so on. At this time, we can first offer to produce a sample, to be received after the sample, to determine whether the product quality is feasible, and then decide to produce. If you receive the sample, think it is feasible, then you need to determine the production contract with the factory.
3:mass produce
After signing the production contract with the factory, the factory will mass produce according to the samples. At this time, we need to prepare pictures, videos, etc. according to the samples and upload them to the e-commerce platform. After the factory production is completed and quality checked, let the factory ship to their own warehouse, or ship to the e-commerce platform warehouse as required.
4: Improving products based on feedback
After the products are sold on the e-commerce platform, we will receive customers' comments on the products one after another, we need to find out what needs to be improved based on these comments, and communicate with the factory so that the next batch of production can be improved in time to ensure the customer experience.
Conclustion
Nowadays, online shop is becoming more and more common, if you are opening a shop in your country on the biggest online platform in your country to sell bags, you may want to contact us. minnyuebags, one of the leading bag manufacturers in Guangzhou, China, whose products include backpacks, travelling bags, hiking bags, crossbody bags, handbags, shoulder bags, pet bags, briefcases, tote bags, fanny packs and cosmetic bags, and so on. Various types of bags can be customised according to customers' requirements.