Expanding your business means pulling in more consumers, boosting revenues while simultaneously widening the reach of your business by recruiting more staff, and building up inventory.
However, expanding your fashion and apparel retailing business can be a daunting job because of the brimming competition and the lack of a proper expansion strategy.
Tips To Expand Your Fashion Business
Here are ten tips that you can implement to expand your clothing business with minimum hassle while shaping a niche for your brand in the industry.
1. Enhance Your E-Commerce Storefront
One of the most critical steps to boost your fashion business is by developing a stunning eCommerce store and gaining a reinforced online presence. The store can be of any type like online dress selling store, shoe selling store, Chiffon hijabs, Hijabs sellings, kids wears and many others.
If you already own an online website, ensure that it stays updated, is responsive and mobile-friendly. Regardless of whether most of your clients shop online or offline, having a prominent presence on the web is imperative.
By maintaining a user-friendly website, you not only provide your consumers with a supplementary shopping channel but also establish a way to stay actively connected with them.
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2. Provide Tailored Fits
A straightforward way to segregate your clothing brand from the competition is to offer tailored fits. Be sure to get your customers to input their stats such as chest, waist, and hip while they place their orders.
You can then tailor the product as per the requirements of the customer. This way, you can pull in those customers who land in-between standard sizes and provide them with added value at no extra cost.
3. Stock up Inventory Before Festival Sales
The clothing business is extremely seasonal, and there are certain seasons of the year, where your sales surge.
Festivals like Diwali, Makar Sankranti, New Year, Christmas, wedding season are some of those times when people purchase new apparel and accessories. You must have your inventory stashed during these festivals with voguish outfits.
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Such platforms offer easy repayment, affordable interest rates, as-well-as quick capital so that your business encounters no halts.
4. Refine Your Merchandising
As a fashion business, it is crucial that you do not go stale. It will help if you include new products in your inventory and stay updated with the latest trends.
For instance, if you provide formal and party wear, consider including hair accessories and designer clutches, which will offer your customers a complete look.
Apart from broadening your product line, emphasize on strengthening your brand. Refine your logo, enhance product merchandising to help clients identify and associate with your brand.
5. Label Clearance Items in an Allocated Section of Your Store
Many customers look for the clearance region of a store before they examine other collections. Other customers longingly await the inclusion of new linens to the clearance section of a clothing store.
Repositioning the slow-moving items in your store might draw the attention of customers who would not have seen these products otherwise.
It will help if you make the promotion of your clearance items a priority. Post the latest pictures of the clearance section and promote it through your social media channels for extensive outreach.
6. Gather feedback
Establish trust in your customers by providing them with the opportunity to give valuable feedback.
Whether you provide them with a QR scan code as they walk in or a link to a feedback generator on their receipt the moment they walk out, customers wish to know that companies value their opinions.
Providing your customers with the option to give honest feedback is empowering and generates trust. Be sure to let them know that you have picked up their feedback, and you offer a freebie to express gratitude.
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7. Efficient Handling By Sales personnel
When someone visits your store to make a purchase, you can impress the customer by offering them exceptional service and education about any specific product if your sales personnel are well-qualified.
The sales personnel must receive adequate training to give customers the right advice and help them make the correct selection.
The sales personnel must be sure not to suffocate the customer with repeated interruptions while they are window shopping or choosing between two outfits.
8. Use Automation
While running fashion retail or any other business, omnichannel marketing has become a vital inclusion.
The more you digitize your store, the wider would be your outreach. Some stores, such as Bloomingdales, use iPads within the ‘smart’ changing rooms to enable customers to request different sizes and colors from within the room.
Some stores also employ smart-phones for easy checkout, which helps in avoiding the long queues that discourage the customer.
9. Be innovative
Customers today seek an experience, rather than just shopping when they visit stores. With a majority of people shopping online, there has to be a substantial driver to allure customers to have a walk-in store experience.
Working on the interiors can be the first step towards improving the walk-in store experience. Innovatively decorating a store will inevitably entice people to walk in.
Final Words
As the competition continues to surge by the day, you must come up with ingenious ideas to stand apart from the crowd and boost your fashion retail business.
After going through this guide, you will have learned some tips on how to promote your fashion business effectively that require some expertise and a formulated strategy to breathe life into them life.