Mga iStoryans kinsa naay ukay ukay business? Tambay ta dire hehe.

[zaibon]

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I've had an ukay ukay business for the last two years. We have a store in Guadalupe and we also participate in street markets and fiestas. I'd be happy to answer your questions.

1. It cost 80,000 to start our store. Half that was rental deposit. Other half was starting stocks plus things like hangers. Actually i think for most people a store is a bad idea. You risk a lot plus you have a lot of costs every month. A beginner should just get a couple bundles and look for a place to display that is cheap or free. Like if you have a house fronting a busy road. That way 20,000 or less would be enough to get started.

2. We put all of our profits back into the business for the first year. We expanded our inventory, bought a multicab, bought a tent and supplies to use in markets, hired workers, etc. So it takes longer for us to return the initial money, but we're investing in the business. If you do like i said and start small, you could get back your capital in one month as long as you buy the right bundles. Then its up to you if you want to expand or not.

3. Finding good supplies is the hardest part for first timers. Cebu city is a very picky market, and there's a lot of competition already so if you have bad stock its really hard to sell. There are many wholesalers and distributors here but they mostly focus on class B items for the provincial markets. In the city customers all want class A. The big problem as a beginner is that you don't know what bundles are profitable so the wholesaler will just give you the bundles their regular customers don't want. We have a relative who is a direct importer, plus now that we've been in the business for a while we know most of the other big suppliers so when a new shipment comes we open the container and pick the good bundles. That's why we started wholesaling. The importers will only let us get the good bundles if we buy a lot- more than we can retail ourselves.

4. Our small store makes a net profit of about 15000 a month, but we're busy and not there every day to manage every detail. We can get 30000 a month when we join night markets and street markets.

5. It's a good business but very hard to figure out as a beginner. You have to understand what your local market wants to buy, then you have to find the right stocks. So start out small and see how it goes.

[d3wm4]

I've had an ukay ukay business for the last two years. We have a store in Guadalupe and we also participate in street markets and fiestas. I'd be happy to answer your questions.

1. It cost 80,000 to start our store. Half that was rental deposit. Other half was starting stocks plus things like hangers. Actually i think for most people a store is a bad idea. You risk a lot plus you have a lot of costs every month. A beginner should just get a couple bundles and look for a place to display that is cheap or free. Like if you have a house fronting a busy road. That way 20,000 or less would be enough to get started.

2. We put all of our profits back into the business for the first year. We expanded our inventory, bought a multicab, bought a tent and supplies to use in markets, hired workers, etc. So it takes longer for us to return the initial money, but we're investing in the business. If you do like i said and start small, you could get back your capital in one month as long as you buy the right bundles. Then its up to you if you want to expand or not.

3. Finding good supplies is the hardest part for first timers. Cebu city is a very picky market, and there's a lot of competition already so if you have bad stock its really hard to sell. There are many wholesalers and distributors here but they mostly focus on class B items for the provincial markets. In the city customers all want class A. The big problem as a beginner is that you don't know what bundles are profitable so the wholesaler will just give you the bundles their regular customers don't want. We have a relative who is a direct importer, plus now that we've been in the business for a while we know most of the other big suppliers so when a new shipment comes we open the container and pick the good bundles. That's why we started wholesaling. The importers will only let us get the good bundles if we buy a lot- more than we can retail ourselves.

4. Our small store makes a net profit of about 15000 a month, but we're busy and not there every day to manage every detail. We can get 30000 a month when we join night markets and street markets.

5. It's a good business but very hard to figure out as a beginner. You have to understand what your local market wants to buy, then you have to find the right stocks. So start out small and see how it goes.

Wow that was indeed my friend. Thanks alot for a very informative answers.

Can I ask you a some more questions?

1. How can I assure that the stocks are class A or good quality?

2. For each bundle(class A), how much is the capital and how much will be the profit considering that the items are all sellable?

3. How much will be the selling price these particular items (Class A)?

*Men's and Womens T-shirt
*Shorts
*Long Pants

Thanks buddy. I Appreciate it.

[zaibon]

1. Everyone says their stocks are class A, so until you open the bundle you don't really know. But once you find a good bundle (goes by code) you can keep ordering that one as long as its available. Actually the most important thing is how in demand the item is for your customers. You can have the best quality polos, but if no one in your area wears polos, you'll lose money.

2. Cheapest bundle we've had is 2000 for 45 kilo class B dresses, most expensive was 100 kilo cargo shorts for 21,000. In this case we got what we paid for- the cheap dresses were mostly only good for rags, but the cargo shorts were nice- lots of branded like levis, ralph lauren, etc. Rest of the bundles are in between. Blouses and dresses are around 7-8k for class A 45 kilo. Jeans around 10k for 100 kilo. Jackets 5-8k 45 kilos. Girls maong shorts 15-18k for 100 kilos.

3. When you open the bundle you should segregate into 3 piles. Selected, Regular, and Bargain. Selected means branded, like new, or very in demand item. Regular means still sellable, good quality but doesn't stand out. Bargain is any damaged, ugly, or out of style pieces.
T shirts Selected: 150-180 Regular:80-120 Bargain: 50
Womens Shorts Selected: 160-220 Regular 100-150 Bargain: 60-80
Mens shorts Selected: 250+ Regular: 150 Bargain: 80-100
Jeans Selected (Levis): 500+ Regular: 150-200 Bargain 80-100

That's just an example of reasonable prices. Actual prices depend on your location and customers and competition. In the province prices for branded clothes are actually higher because there's less competition- no malls, no taiwanese RTWs.

Usually our goal is to make a profit equal to the price of the bundle. So if it costs 8000, we want to retail everything for 16,000 total. But its okay to get less if the bundle is fast selling. It'll also be less for the most expensive bundles. After all its better to get a 50% return on 20,000 and net 10,000 than to get 200% on 2000 and net 4000.

If you want to know more you can call at 09321231451.

[gerrynelmida]

Supplier ko ukay bro you can contact me at 09228505980

[cecil0718]

naay gabaligya dri ukay na per kilo na pang kids? and ako mismo mamili?

[zaibon]

naay gabaligya dri ukay na per kilo na pang kids? and ako mismo mamili?

We have nice bundles of childrens cotton rummage from US for 6000 per 45 kilo bundle. Shorts, t-shirts, etc, very colorful. Text 09321231451.

[chaiwalla]

asa ta maka palit or makapangukay if naa sa cebu anang mga volcom hurley nga tshirts mga sir? naa koi nakit.an sa parkmall pero mahal2x mn sad

[zaibon]

As far as i know we don't have any hurley or volcom tshirts left in stock. But i can explain why the prices you see are so high.

The most popular brands of t-shirts are american. So to get those, we'd have to buy t-shirt bundles from the US. But there's a big problem- americans are fat! They're also about five inches taller than filipinos on average. That means we can't just ship a bunch of t-shirts from the US to Philippines- most of them wouldn't fit anyone. They have to be specially sorted, by hand, to select the "asian size" ones. The result is that the wholesale cost of asian sized t-shirts from the US is almost twice as much as t-shirts from Japan. To make up the difference, the retailer has to charge much more for the best items in the shipment.

[audreymay_mosquera]

good morning. im from ormoc city. tungod sa bagyong Yolanda grabe kataas sa mga presyo sa mga pamaliton dre karon. Ug tungod pud sa among pagpaau sa amo mga balay nga nawagtangan ug mga atop, lisod na ipalit ug brand new na mga senina sanglit ang uban sa ukay-ukay na gyud mamalit. hilig kaau ko mangukay ug sapatos ug mga tshirts, senina kaso lang grabeh kamahal dre. ang maau na tshirt mapalit nimo tg100 to 150 na. kung naa may 3 for 100 di na pud wearable ky gisi na. ang sapatos pud sa mga lalaki kung branded libo kapin. Gusto unta ko mgnegosyo ug ukay-ukay kanang reasonable ra pud ang presyo. Bsan mgsugod lang ko ug usa ka bundle. Ang problema wa koy nahibaw-an nga Supplier dha Cebu nga makagarantiya ko makahatag nako ug Class A na items. Hinaut nga nay makatabang nako. mao ni ako email address. audreymay_mosquera@yahoo.com

[1Mig]

halu ate maymay magnegosyu na d ai kag ukay ukay pautanga kog tshirt ha hehehe