Streamlining the Future of Fashion with Apparelmark Co-founder, Andrew Drigola, Part 2
In the final part of this discussion, Rachel continues the conversation with entrepreneur Andrew Drigola, co-founder of Apparelmark and throw the spotlight on the critical aspect of running a successful apparel brand: the courage to hire experts to guide your journey, and avoid the pitfall of trying to go solo. We're talking about strategic hiring, forecasting inventory, and adhering to timelines - all vital in creating a thriving brand. Listen in as we unfold the proven system for brand success that doesn't involve hastily pushing products to the market.
Next, we dissect the heart of the fashion industry: strategy. It's not just about how your clothes look, but understanding your market and designing accordingly. We discuss the financials and prepare you for the reality of launching a fashion brand - with a budget range between $80,000 to $100,000. High returns and scalability are possible, but they come with perseverance, secure funding, healthy margins, and a solid business plan to avoid future fundraising. We don't shy away from the challenges; we embrace them because it's all part of the fashion journey, which involves careful strategy and financial planning. But fear not, we're here to encourage strategic planning, leveraging expertise, and supporting the fashion community in these challenging times. Let's redefine what 'failure' means in the fashion industry and celebrate the power of resilience and innovation.
If you are serious about growing your fashion brand drop us a line or contact us to get a free expert consultation on your project.
https://www.apparelmark.com/
https://www.instagram.com/apparelmark/
In this episode, you'll hear:
-The importance of delegating tasks to experts, particularly when it comes to tasks like inventory forecasting, understanding market trends, and timeline management in the fashion industry.
-Why a well-thought-out plan and securing sufficient funding is essential in starting a brand in the industry.
-A reflection on 2023 and the challenges faced by the industry in a post-COVID atmosphere.
-Resilience and perseverance is a must in these tough times, and be prepared for eventual recovery!
We can't wait to hear what you think of this episode!
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