There’s nothing more exciting than deciding to take the plunge and start your own business. Not only do you have to have a lot of self-belief to know that you’re worthy of starting and maintaining a business, you have to know that your little corner of the world is going to be profitable. All of the huge department stores and the brands that are out there on the fashion week runways all had their own beginnings where someone believed that they could make their designs great. While you should know that launching your own fashion brand is a challenge, it’s one that you will be able to embrace and dominate the market with the right support and knowledge.
Some of the greatest in the clothing industry got their beginnings because they had a good idea, but by no token should you forget that trial and error is always involved. These are brands that always wrote and followed a business plan carefully, and they continued to build and scale their business at a pace that was sustainable to them. Some connected to smaller wholesale jeans manufacturers before going to the bigger ones, and others chose to design and create their own pieces to become a statement brand. If you want to start your own clothing line from scratch, here are a few tips that you have to consider.
- See the Gap. If you want to create jeans that fit everybody out there, you need to see whether there is a gap in the market for it. If you know that there is an untapped niche, you can follow the road to take you to filling that niche. Figure out the gaps in the market and choose what you can do to fit into them.
- Write a Plan. Your business plan has to guide your entire journey to success with your clothing line and you need it if you hope to secure financing, too. You need to know your ultimate product goals, and you have to be able to present these to the bank, too. Know where you want your clothes to be sold and the market you want to approach, too. If you want to be in local stores, you may not have as many financial goals as if you want to see your clothes on the New York Fashion Week runway!
- Know Your Audience. A big part of creating new clothing brands is in knowing who you are dressing. If you’re dressing babies, you’re going to be doing something different to those who are dressing teenagers. Once you know your target audience, you can start to create your clothing line. Make sure that you have an audience to appeal to before you create anything, though, as you want to know you’re not making clothing for nothing!
- Design! If you’re buying wholesale items from a manufacturer, you have to be more about the sales than you are about the design of the items. If you are going to be the creator of the clothing, it’s time to creatively shine. You can use your drawings to approach manufacturers and they can make the clothes for you. Once you have some samples, you can approach buyers and show them what you can offer. This will help them to decide whether your designs are worth it.