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eCommerce

What is B2B (Business-to-Business) Fashion Commerce?

Posted by Nedina Gjorgjieva | June 3rd, 2022
Regardless if they’re online, offline, or click-and-mortar companies, all fashion stores are in need of a supplier that can offer them merchandise they’d be able to sell to their customers. This is where the B2B business model comes into play as it includes an exchange of services between two businesses. B2B fashion commerce, short for business-to-business, is exceptionally significant in the clothing retail industry since it allows for business transactions of products among companies to take place.  Because of the important role it plays, B2B appears to have become one of the most popular business models not only in the apparel market but also in many other niches, displaying a high increase in value worldwide. To illustrate, as stated by a research conducted by Statista, the value of the European B2B eCommerce market is estimated to surpass 1.8 trillion USD in the next three years. Another report by Statista reveals that the US B2B eCommerce sales have also significantly increased from 2019, amounting to almost 11,000 billion USD as of 2021. In addition to these statistics, Grand View Research introduces one more study based on a global level, claiming that the international B2B eCommerce market size is expected to grow by almost 20% in the period 2022-2030, reaching over 30,000,00 billion USD by 2030. However, in order to better understand what has contributed to these staggering numbers and how does actually the B2B fashion commerce functions, we’ve provided you with a detailed explanation of what B2B entails, and have made a comparison between the B2B and B2C models. In addition, we’ve supplied you with an example of a successful B2B company and a thorough description of how this company operates and what advantages you can expect to enjoy by collaborating with them in order to offer your own fashion business only the best of services.

Dropshipping

A Guide to Dropshipping Designer Bags

Posted by Nedina Gjorgjieva | May 25th, 2022
The dropshipping business model has been grabbing the attention of many prospective entrepreneurs interested in starting their own online business and there’s a very good reason for that. Dropshipping is a low-cost business that doesn’t demand huge investments and, with the recent development of automated dropshipping, it has been transformed into a low-maintenance business as well, managed mostly by automatic features instead of running manual tasks on a daily basis. However, despite the advantages of this business model, not every niche of products can be dropshipped successfully. This is why a lot of store owners decide on selling items that are guaranteed to bring them great profits such as designer apparel products. Taking into account the clothing pieces people are seen wearing non-stop, one idea would be offering well-made designer bags.  Therefore, in the following paragraphs, we’ll be providing you with a detailed guide on dropshipping bags, particularly designer ones. You’ll learn about the segment’s profitability, get informed about the things to keep in mind when picking out your supplier and get an idea of which are the most lucrative types of designer bags your dropshipping store should definitely put on display.

eCommerce

How Important are Weekly New Arrivals for Your Clothing Store

Posted by Nedina Gjorgjieva | May 11th, 2022
In this day and age, the fashion industry has qualified among the top-earning niches on a global level. As a result, the number of business owners investing in both traditional and eCommerce apparel stores only seems to go up. In the US, for instance, as stated by Statista, clothing stores are expected to reach over 180 billion USD in revenue in the next two years, proving that this segment of the market is indeed a highly profitable business worth giving a try. However, in order to benefit from maximized profits and enjoy great success, your clothing store will require implementing smart strategies that’ll help you in presenting your brand with a spectacular image and secure an impressive reputation. These strategies must take into account the current ins and outs in the fashion world, bear in mind the competition, but, above all, consider your customers’ preferences. One such strategy that has shown to have great success rates consists of bringing new arrivals into your clothing store.  That being said, in this article, we’ll concentrate on giving you a thorough explanation of how influential can weekly product updates be for your clothing business. Why is it important to introduce new products? What are the main benefits they bring? How can they improve customer retention? We provide the answers to all of these questions by offering you a very-much useful and comprehensive analysis of this subject. 

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