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Want to start this e-commerce clothing business. Do you think it can work?
in E-Commerce
Hi everyone,
I have 4 years experience working in digital marketing, and I have just left my most recent role to create and pursue my own business. I'm a young, extremely ambitious and determined to move away from the typical process in order 'to be successful'.
I have a few ideas which I have been thinking of pursuing, but it's so hard to find the right business partner and or mentor to join me on aspired ventures - so I have thought of one particular idea that I could solely own and I wondered if anyone had any thoughts on whether this could work, or if I've missed the boat.
Retro 70s, 80s and 90s clothing brands are becoming increasingly popular and certain items are proving very hard to get. I have a few contacts which could provide me a heck of products that are retro/ vintage for a cheaper price than they sell. I also am very up to date with the latest 'clothing drops' that come out, so I could buy the stock and sell them for a higher price once out of stock.
I could set up my own e-commerce store along with social profiles, but I just can't work out if I have missed the boat on this one as others are already doing something similar. My digital marketing, SEO, PR, content marketing and influencer marketing is very strong but I am not sure if I'm too late to get involved.
What do you think?
I have 4 years experience working in digital marketing, and I have just left my most recent role to create and pursue my own business. I'm a young, extremely ambitious and determined to move away from the typical process in order 'to be successful'.
I have a few ideas which I have been thinking of pursuing, but it's so hard to find the right business partner and or mentor to join me on aspired ventures - so I have thought of one particular idea that I could solely own and I wondered if anyone had any thoughts on whether this could work, or if I've missed the boat.
Retro 70s, 80s and 90s clothing brands are becoming increasingly popular and certain items are proving very hard to get. I have a few contacts which could provide me a heck of products that are retro/ vintage for a cheaper price than they sell. I also am very up to date with the latest 'clothing drops' that come out, so I could buy the stock and sell them for a higher price once out of stock.
I could set up my own e-commerce store along with social profiles, but I just can't work out if I have missed the boat on this one as others are already doing something similar. My digital marketing, SEO, PR, content marketing and influencer marketing is very strong but I am not sure if I'm too late to get involved.
What do you think?
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Comments
Here's the thing: it's never going to feel like the right time to start your business, but right now is always the best time to start. The more you delay it, the least likely you are to actually do it.
I don't think it's too late to get into the retro clothing game, however, if there is a lot of competition there, you need an advantage over the competitors. Whether that be prices, quality, exclusive items, unique loyalty program, etc. Something that will make you stand out as the place that can best solve consumers' problems in your field.
I would also suggest reading up on this articles from StartupNation's content side: The 10-day plan for launching an e-commerce startup.
Hope this help.
Community Manager
StartupNation, LLC
For startup business I like to ask 2 questions.
1. Do you fill a need or fix a problem?
2. What separates you from your competition?
Even if you do not fill a need in the market (ie: the idea is not new, there is already companies doing this etc..) if you have something that sets you apart from the competition in a positive way you can still be successful. Consumers always want better.
eCommerce retail for clothing is so huge and such a wide market there is not going to be any dominate market share that is impossible to pull from for a boutique type store/idea like this. With the right product and marketing approach it can work.
One thing I would tell you is just start doing it, start working on it right away. What you will be surprised with if you do this, is you will actually start to adapt your own methods to work around and answer any of the questions or reservations you had.
I feel like I am with a similar boat like you are. I feel like I am never going to be ready to start an entrepreneurial career because I always fear that it will not work. But I have came to realize that unless you try, you will never really know if it will work or not.
50-50 situation. Fail or success. If we think we will fail, what if we will succeed? I am happy that I am able to come across your story today. Somehow it gives me motivation that I am not the only one who is thinking of starting a new life. You give me a reason to try it because you will. In school, it was taught that one of the best trait entreprenuers have i
I also hope that my knowledge and experience in internet marketing will be a great help. Good luck to you!
Well in my point of view, the clothing industries is pretty big and there are already many brand in the market who are also offering retro clothing, I think it's a big risk, and also one thing you said you have a strong knowledge of SEO, PR, content marketing and influencer marketing why not offers these services, there are plenty of customers out there who required these kinds of services.
I have myself started a business into fashion about a year ago. I am still early stage, but we are making significant progress. I agree that the fashion industry is very competitive but if you have a point of differentiation, why not?
Rihanna did not think that they were already too many make-up brands on the market, she just went for it.
Okay, we are not Rihanna so it might not be as easy as it has been for her but the massive success of Fenty Beauty show that they were still some room for another makeup company.
My point is if you feel, you are going to offer something unique to the world then you should do it!
Best,
Priscilla
So I would suggest you to take the leap and hope you become a successful entrepreneur one day.
All the best!
i like this.
"I don't think it's too late to get into the retro clothing game, however, if there is a lot of competition there, you need an advantage over the competitors. Whether that be prices, quality, exclusive items, unique loyalty program, etc. Something that will make you stand out as the place that can best solve consumers' problems in your field."
First of all the startups can give you a unique opportunity to affect the history and of course earn good amount of money. I am agree that it is a great idea and it would definitely work. You need to take advantage over the competitors like place order on time,give good quality,give discount and promo codes, free shipping. If you do focus on these things your site would be number 1 site.