Wednesday, August 29, 2007

Merchandising-3

Fashion is
- Ambivalent
- Something that is ludicruous to begin with
- There are hidden persuaders to fashion- why women wear fur
- Fashion is news
- excites
- culture of the times
- has its own gatekeepers of information
- is a battle between utility vs. psychological obsolescence.

Uniqueness of Fashion Industry
  • Psychological Obsolescence
  • Faster turnover- 65% of new garment should get sold within 10-15 days
  • seasonal nature of business- characterised by higher markdowns
  • cyclical
  • Dramatic and gigantic sales promotion

First Merchandising has to be done. Then sales takes place finally marketing is to happen

Merchandising Process

  • Sample to
  • Prototype to
  • Product Specification to
  • Production to
  • Costing to
  • Shipment to
  • Reaches the shelf
  • to sales man
  • to customer

Merchandiser is the engine between design process and consumer

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