Hello brand new Fashion Designers
this one is very much for you. From my experience as a Model, Publicist and
Creative Director for many shoots and fashion brands over the past 15 years
including events like Miami Fashion Week, Mercedes Swim Week, Nikki Beach
Fashion Week, Funkshion Fashion Week, etc., its time someone told you the
truth. I am going to share with you, the 7 truths that can save you money and
position you to make more money and build your fashion brand....
THE
FASHION SHOW MYTH:
If you are a new fashion
designer, your goal should be building your brand, defining your style, getting
buyers and the media interested in what you have to offer the industry. Being a
part of a fashion show costs anywhere from $500 – $25,000, convert that to
whatever currency of the country you are in, it kind of adds up. Unless the
fashion show is free, the opportunity will actually help convert your brand or
your first show is in Bryant Park or a reputable show that has a history of
inviting BUYERS and the MEDIA, keep that money and spend it on your brand
positioning. Save the fashion shows for when you have access to media and
buyers that will actually be at the event.
YOU
ARE YOUR FULL STAFF
New designers do not fall into
the trap of building beyond your means. Until you can afford to pay a team to
work for you, you will be the maid, C.E.O., publicist, designer, accountant,
bill collector and tailor. Prepare to wear many hats and as you build, you will
at least understand the key facets of your business. YOU ARE YOUR BRAND.
YOU
WILL WANT TO GIVE UP
At about year 3 every mid size of
major designer can tell you the story of how they wanted to quit. If fact, some
of them do quit. They love their company, it’s the only thing they have always
wanted to do, but it gets hard. It’s financially challenging and you’re only
one person. In an overly saturated market though, you will wonder why you even
decided to do this. The power of competition is that it forces people to think
outside the box, so see that pressure as your opportunity to create something
extraordinary for the market. Every designer is unique. It takes knowing that
those “I quit moments” are a part of the process.
LESS
IS MORE
With centuries of fashion and
design it may seem like there is nothing hidden under the sun when it comes to
designs or ad campaigns. So new designers tend to find inspiration for their
campaigns from the big brands. Don’t stress you can draw inspiration even from
anything. An airplane, a market, food spices, a painting. Look around, pay attention.
Here is one trick I always teach my clients. No matter how grand you get with
your campaigns, always take images of your products on a plain canvas and
remember light reflects, black absorbs. If you decide to shoot your products
with the less is more idea, white or solid colors work best. Black works well
for jewelry. Using solids helps focus the image on your design work.
YOUR
BEST SALES HOME IS THE INTERNET
If you’re reading this, then
obviously, you have an understanding of the power of the internet. Now more
than ever, you have access to the world and, the world has access to you.
Invest in online marketing and get your products online to sell, sell, and
sell. If you have a physical location you can offset that cost with Internet
sales. It will certainly help to have strong engaging or editorial images that
will attract people. There are billions of dollars available to the fashion
industry sellers online. If you even got 0.001% of that, it’s a start.
A
SALES PERSON IS YOUR KEY PERSON
The most valuable addition to
your growth has to be a sales person. If you are in this business just to show
your creativity, then you will never make any money. You have to think of this
as passion meets profit. As you start, do not get caught up in the creative
alone. Think of the importance of people actually wanting to buy what you
create. A sales person believes in your creative work so much so, that they get
everyone else excited to buy. You want someone who will approach stores,
boutiques, trade shows and buyers on your behalf. If you are about profiting
from your passion, then you want to make sure you invest in a sales person.
Give them a stipend and pay them by commission.
BEING
ORIGINAL DOESN’T ALWAYS SELL.
Many serious designers will tell
you how they end up designing what people want, not necessarily what they want.
The truth is the fashion industry is saturated and usually to make profit, you
end up having to do what people will pay for. The magic happens when what you
like and what people would pay for are the same things. In those times when
they are not the same, you will have to decide how you can still create designs
that you like and still designing for the world so you can build financially.
As a new designer who wants to
make profit, your goal is to find opportunities that position you for profit.
Buyers and the media should always be your top priority for your brand’s
financial growth. If you do decide to be a part of any fashion event, be sure
to find out which buyers will be there and what media will be present at the
event. I wish you all the very best.
Written By:
Yetunde
First published on Genevieve Magazine
For more questions on your start
up as a fashion designer, feel free to tweet me @yetunde or email me at info at
icypr dot com

Cool, but I doubt if you are correct in ur analysis. Some of these mathematical projections are faulty to the best of my knowledge
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