New Business Opportunities In Fashion for Young Creatives
World Economic Forum declared that problem-solving skills and creativity are top two skills needed by millennials for workplaces in 2020. Perhaps a few decades ago, things could have been different. But today, with more and more people having access to greater disposable incomes and savings, there is a major change in the spending habits of people. With the proliferation of people sailing aboard in the fashion and designer space, the ultimate consumer is spoilt for choices. In an evolving environment such as this, design and fashion entrepreneurs are required to take stock and run it like a proper business. This is not just for today — this is also what the ‘future’ looks like.
Opportunities today lie in the evolving ‘creative’ fields pertaining to image consultancy, make up and photography, content writing, blogging, event conceptualization, merchandising and many more. Here are some emerging trends that are creating ripples-
1. Fashion Brand Managers
There are enough and more examples of people who are successful in creating a niche for themselves in what are known as ‘New Age Creative Careers’. Fashion brand managers today are dynamic individuals who understand the vocabulary of creative designers as well as number-driven business heads. The fields of fashion and design are as much about art as they are about science of management. The fashion brand managers have double-edged expertise. On one side they strategize how to manage their brands, while on other hand they influence innovative fashion collections, fashion buying and fashion retailing. They are known for their unique analytic approach and having their own language of expression on a range of topics and ideas.
2. Starting an Online Design School
A lot of people want to learn fashion designing but cannot afford it or do not have a flexible timetable that would enable them to engage in it full time. Be affordable for a start; make sure your classes are planned and informative.
3. A Niche Product Range
Today, we have organisations like Mango People or Hats Off Accessories, run by young fashion enthusiasts, that do not sell standardized FMCG products like, bottled diet beverages or packaged food items or version-ized smartphones. Each products that you see in these enterprises are ‘creative’ and they appeal to absolutely different kinds of users and buyers. These kinds of businesses need managers, but the style of management expected here is replete with aesthetics and complete understanding of human tastes and preferences.
4. Become a Fashion Consultant
To execute this business idea, you should be well-grounded in fashion and have good communication skills. You need to be able to prove your worth and make a name for yourself to attract clients.
5. Become a Model
Modelling is an essential part of fashion, and it is not restricted to just slim, tall ladies. Do not believe the hype, you too can be a model because in today’s world, modelling is not restricted to the runway. For instance, the plus size modeling industry is the fastest growing sector of the modeling industry. Never before has there been such acceptance, support, and demand for fuller figures. So if you’re more voluptuous than a typical fashion model and know how to work your curves, there’s no reason why you shouldn’t follow your dream of becoming a model, not even your size!
6. Start Babies and Pregnant Women Clothes Retailing Business
Another fashion business that an entrepreneur can consider starting is to go into the retailing of babies’ clothes as well as maternity clothes et al. It is a cool way of making money. The reason why this is such a great idea is the fact that it is never out of fashion…there will always be expectant mothers and new babies, who will need these clothes. What is even better news, is the fact that you do not need to tie huge amounts of money to the starting of this business; let social media be your shop for now and see where it goes from there.
7. Retailing of Underwear
Both male and female alike wear underwear, as matter of fact, some people go all the way to ensure that their underwear is from notable fashion brands. There is indeed a large market for male and female underwear; so if you are looking towards starting another fashion business by the side, then one of your options is to start retailing male and female underwear.
8. Organize Fashion Expos
If you are good at organizing events, one of the fashion related businesses that you can successfully start is to organize fashion expos; you can easily start by putting together an online platform that showcases designers and their creativity. The key is the attention…the eyeballs. The question of how many people are you able to get to watch these contents. If you have a good audience and following, there are loads of fashion designers and other fashion industry players who will be willing to work with you.
Try your hands on some of these and let’s share in the journey, come back to leave a comment or right us on how it turns out, at 360 Creative Hub, we are always ready to work with fashion designers and creative entrepreneurs.