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Fashion Designer Business Plan
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Transcript of Fashion Designer Business Plan
Geographic
Region New York & Chicago
City Size 100,000+
Urban/Rural Urban
Climate All
Demographic
Age 25-45
Sex Female
Family Life Cycle Single or Married with and without children
Income $100,000+
Education Bachelors, Masters, Doctorate
Occupation All: Creative fields in particular
Religion All
Ethnic Background All
Psychographic
Social Class Upper Class, Lower Upper Class, Upper Middle Class
Personality Confident, independent, fun, outgoing, strong
Lifestyle Art enthusiast, music lover, traveler
Consumer
Behavior
Benefits Desired Exclusivity, high quality, craftsmanship, materials, unique designs
Usage Rate 15%-20%
Strengths Weaknesses
•High quality fabrication and
craftsmanship
•Themed collections and
inspiring themes in her designs
•Close attention to detail with
embroidery
•One of a kind pieces/ the
exclusiveness
•Professionalism
•Limited business knowledge
•Lack of time for embroidery
•Hard for customers to shop due
to few pieces/ no ecommerce site
•Small customer base and list
•Limited media presence
•Online presence
•No product in retail stores
Opportunities Threats
•Attending fashion shows
•Meetings with industry
individuals
•Upcoming competitions
•New boutique openings
•Get Agnes on trade shows
•PETA animal rights/ she wants to
be limited
•More complicated designs need
to be shipped to New York
•Fluctuating market prices
Designer Rick
Owens
Balenciaga Haizhen Wang Margiela Couture
Product Dress Dress Dress Dress
Price $3,000 $9,000 $6,000 $8,000
Place Barneys &
Rick Owen
Boutiques
Balenciaga
Boutiques
Haizhen Wang
Boutique
Neiman Marcus &
Margiela Boutiques
Promotion Sales &
Markdowns
Sales &
Markdowns
Sales &
Markdowns
Sales &
Markdowns
Distribution Boutiques &
Online
Boutiques Boutiques Boutiques