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Fashion Marketing and Product Development

By Maria Pesin | Business

How does marketing effect product development?  According to Phillip Kotler, Author and Professor of International Marketing; “Marketers influence demand by making the product appropriate, attractive, affordable, and easily available to target consumers”

The first step of marketing is to get to know and understand the customer so well that the product or service fits him and sells itself.  When I begin working with a new startup the first thing I ask them to do is a competitive analysis.  I want my client to go into the stores and research the brands that they think their line should hang with.  They need to know everything about these companies.  From what the line consists of to who their customer is.  Both the demographics (statistical data relating to the population and particular groups within it) and psychographics (the study and classification of people according to their attitudes, aspirations, and other psychological criteria).  This way they can understand their customer before they design product one.

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Understanding the customer is one part, knowing what you bring to the table that is different and unique from what is already in the stores is the other part.  The world doesn’t need a line that has nothing new to offer.  What is needs is real or perceived benefit of a product that differentiates it from the competing brands and gives its buyer a logical reason to prefer it over other brands.  This is often a critical component of a promotional theme around which an advertising campaign is built.

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Having  an in depth understanding of end-users’ requirements will give you the best chance of creating and selling an innovative and commercially successful merchandise.  Knowing what your are bringing to the table that is different and unique will allow you to stand out from the competition.  Such a unified strategy will reduce the risk of developing undesirable and superfluous product that wastes your business’ time and money.

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About the Author

Maria Pesin knows fashion, especially the business side of the fashion industry. Do you know how Manolo Blahnik got his start in the industry? How he leveraged a paltry 3 grand into one of the world’s most famous luxury brands? While she doesn’t take credit for Manolo’s success, Maria has walked a similar path on numerous occasions. The world of fashion is not silicon valley, and it has nothing to do with Madison Avenue marketing. In this industry there is ALWAYS room for something new and exciting, but you have to have your ducks in a row. If that’s what you need, believe me, Maria is the General Patton of fashion ducks!

  • Fangzhong says:

    Hi

    I’m a fashion designer,And I’m preparing my next season collection.I have 30 looks about 50 items in this collection. And I’m going to make 20-30 pieces for each item/color.

    I also want you help me to do the pattern making,sample making, fitting and fabric research if you can.

    Cuz I’m trying to start a new brand,I also need some Biz consulting and apparel consulting services.

    Plz sent me a price list of these things,And I also need to know how much percent I have to pay for down payment. And how long will Those things takes.

    THANK YOU!

    Kind Regards

    Fangzhong

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