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30-07-2012
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Costing is driving me crazy! I don't think I've been able to get production costs low enough for decent wholesale pricing. I've tried to stay at a 40% profit margin. However, via literature, I haven't found wholesale price averages. What constitutes viable wholesale pricing? (Number-wise)

Also, is there anyway to ensure that a store stays within your suggested retail value? I'm trying to keep my line affordable and arbitrary pricing amongst retailers would defeat the purpose of my brand.

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22-08-2012
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hi,

I'm a designer/student based out of the Washington DC area. I have done some searching and there doesn't seem to be a thriving scene here for those individuals who have not graduated but still want to work towards building a line (thats not just your average streetwear brand I might add). I think the next step in my process of getting a solid company started is finding a creative partner who I can collaborate, invest, and essentially build something substantial with. Although, the DC area is major area of the country, it isn't like New York or LA where there are swarms of people with ideas and talent that one could work with. Can anyone help? Proferrably on the east coast. I'm basically looking to connect with someone who is in the same boat as me as far as school and doesn't have an established brand or affiliation lined up....

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25-08-2012
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What size dress form should I get? What size(s) do you have?
I will be buying a dress form to start creating some of my vision (womenswear) and I don't make clothes for me so I want to know what the "sample size" or "industry standard" is? My professor tells me that a size 8 (on the Wolf dress forms) is about standard, but I'm thinking that's a bit on the bigger size when it comes to sample sizes? I'm looking to buy a PGM or Wolf dress form to start. I'm thinking maybe a size 4 would be good to start, but I'm wondering if I should go up to a size 6? Thanks.

What sizes do you guys have?

Thanks

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Last edited by Menace; 25-08-2012 at 05:30 PM.
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31-08-2012
  229
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^

I use size 8 Wolf Forms for my garments and they fit the models just fine (Sometimes depending on the model we have to do alterations). I used to use a size 6 (Royal Form) but the fit wasn't as good as the Wolf Forms. Start by using a size 8 and eventually get a size 6? Or try using the ones at your school and see what works for you and the type of models you use.

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01-09-2012
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Quote:
Originally Posted by *Jibrielle* View Post
^

I use size 8 Wolf Forms for my garments and they fit the models just fine (Sometimes depending on the model we have to do alterations). I used to use a size 6 (Royal Form) but the fit wasn't as good as the Wolf Forms. Start by using a size 8 and eventually get a size 6? Or try using the ones at your school and see what works for you and the type of models you use.
^ Thank you for the reply

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20-04-2013
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If some one brings out a jewellery range, how many pieces would you like to see in their range. Like how many earrings, rings, bracelets and necklaces?
I have been looking at Nicole Trunfio's range and she has a few earrings and few rings, I think there are less than 9 bracelets, not sure. Would you class this as good quantity?

And how often would you expect a designer to change their collection, twice in the year?

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20-04-2013
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You really have to know your customer.

If you are going to sell wholesale to buyers from retail stores, they usually will only start with a few pieces to see if your line will even sell ... so you probably don't need a wide range, at first.

If you are selling on line or out of your own shop, you will need a wide variety to keep your customer engaged and coming back to you.

Of course ... you keep adding new things all the time ... either way. And you have to be ready to produce more, very quickly, so your production sources need to be in place and ready to produce for you.

A suggestion: Consider starting with only one type of jewelry at first ... say, bracelets, or earrings ... something like that. Then, after they become successful, then add the next thing. This should keep your costs down, while you build a name for yourself.

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Last edited by BetteT; 20-04-2013 at 05:37 PM.
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02-10-2013
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When it comes to luxury lingerie, what kind of market do you think that should be targeted at?

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02-10-2013
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Rich women? And luxury stores where they shop ..... like Neiman.

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09-10-2013
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Quote:
Originally Posted by BetteT View Post
Rich women? And luxury stores where they shop ..... like Neiman.
Thanks BetteT. I didn't actually get a notification for this so I didn't know I got a reply. I have actually never heard of Neiman but I will do a check on it. I agree about target marketing in terms of targeting women that shop at luxury stores.

Any ideas of what other luxury stores?
When it comes to Rich women- is there a specific way they can be targeted?

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09-10-2013
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Quote:
Originally Posted by Mariann View Post
Thanks BetteT. I didn't actually get a notification for this so I didn't know I got a reply. I have actually never heard of Neiman but I will do a check on it. I agree about target marketing in terms of targeting women that shop at luxury stores.

Any ideas of what other luxury stores?
When it comes to Rich women- is there a specific way they can be targeted?
You don't target the actual consumer ... you target the buyers for the high end stores and they buy your line, wholesale, to re-sell it retail.

Neiman Marcus is a luxury department store chain based in Dallas ... which caters to the luxury buyer. Also Saks Fifth Avenue, and Bergdorf Goodman ... both based in NYC. And Nordstrom ... based in Seattle is also considered a luxury goods department store, to a point. Don't know about European stores ... but I know there are some there, too.

They have buyers who make the decisions about what lines these stores carry ... and it's often done during fashion week in the big cities ... NY, Milan, London, Paris. So, having a presence and a show in a major fashion week is probably a good idea. You won't be able to reach these stores until you are at that level of design and production or have won some major award like the CFDA.


In high income communities, like Beverly Hills or the Upper East Side in NYC, etc. ... there are smaller stores that buy luxury lines wholesale. So you can go after these too. Rather than approaching these smaller stores, I think that your best bet would to be to hire a sales rep or showroom from whom the retail stores actually buy inventory. It's similar to an model getting an agent ... they have to want to carry your line because they think it's good enough for their buyers" stores.

There is a thread about showrooms and buyers, tradeshows, and selling your line to buyers, if you want more information. See all the links in the first post of this thread ... they are listed there.

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Last edited by BetteT; 09-10-2013 at 05:30 PM.
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10-10-2013
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What about if you are new and need to sell directly to the customers first? You should have a good idea of the market you are targeting like what your customers are interested in, etc. I am gathering some market research any ways and was wondering what specifics anyone could give about the luxury lingerie market?

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10-10-2013
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If you have rich friends ... you can start there ... and if they love your stuff, ask them to share the info with their friends ... and you might just get a little buzz going ... sort of like a secret new designer. . That's about the only way you'll be able to get to rich women ... without doing through the usual channels.


Trying to sell directly to the rich customer is backwards ... and there's probably a reason it usually doesn't work that way. It's much harder than you think to get to them.


I honestly do not think that the typical high end customer would buy from you on line .... unless they know you or your line, have worn it before and feel like they can buy it without actually touching it and trying it on. So, that is not a realistic option to introduce a high end line to wealthy clients or their stylists.


So, if you don't want to sell to buyers for established, high end stores, that pretty much means you would have to open your own shop in a "rich" neighborhood. Then you would need to advertise and promote the heck out of it ... to get them interested and to encourage them to come in to checkout your line. Were talking hundreds of thousands of dollars here to get it up and running, so hopefully your are either rich yourself, or have a rich benefactor or investor who sees your vision.

The promotional part would look something like this:

Invite, fashion editors, fashion stylists and socialites to private showings in your beautiful new shop, prior to your official opening, to get some buzz going. That requires knowing who to reach out to ... and how to do it ... you have to reach their representatives (managers, publicists, assistants, etc.). You would hire a PR company to do set all of this up and contact the right people.

Then you would hold a huge, highly publicized Grand Opening Party at your shop (cocktails, food, entertainment, gorgeous décor, the whole thing). This is not a time to scrimp. The first impression of your shop and your line can make or break you ... so it has to be spectacular enough to make your shop more appealing look better than all the other lingerie shops and department stores in the city. And you line must meet those expectations too ... just blow them away.

You would need to hire an event planner to make this Grand Opening spectacular enough to impress the jaded, wealthy customer. You should have at least one big celeb or more (most likely you will have to pay them to attend) and as many of the community's well know socialites as possible. If you can attract the press, they will publish photos and article in local magazines and newspapers. Your invitations will by managed by your PR company ... they have the know how and the connections to get this done.

Then, after you open, to keep the buzz going, and to ensure that you have a stead flow of new customers you will pay for regular advertising in your city ... your shop's name needs to be everywhere wealthy women are. Maybe a billboards in a couple of strategic places, one near your shop and maybe one in another prestigious shopping area. You would need to have professional photo shoots, and use those photos to place ads in high end local magazines and in the society pages of the newspapers. You would sponsor high end charity/museum/hospital fund raising events (which are usually attended by wealthy donors) which will get your name in the programs. Just a few basic things you will need to do to get the word out .....

Or ... you can sell your line to buyers who already have rich customers. And build you name from there, opening a shop later, when your name is a household word.


Here's a thread with some information that might help ... although it's more about selling to buyers, not directly to the customer. And, in fact, someone posted what a buyer is looking for in a luxury line in that thread on the first page. But it's relevant because it's what the customer would be looking for, too. If you are interested here's that first page: http://forums.thefashionspot.com/f90...ers-30506.html

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Last edited by BetteT; 10-10-2013 at 05:52 PM.
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11-10-2013
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I know for a fact, sorry if I sound naive, but I know designers who sell directly to customers, it's hard to sell wholesale unless you are more established, even some manufacturers want you to become more established before they work with you.

I know market places like esty work but what about if you want to cut the commission costs out and sell directly to customers via your own website. This is where you need the marketing skills, especially social media, etc.

Is there a thread on marketing please?

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11-10-2013
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Yes ... just use your search function with the keyword "marketing" and you'll fond it.

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