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Showing posts from April, 2023

High priced products, no sales & profits #5

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  www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  High priced products, no sales & profits <5> Luxury fashion products are new and of good quality, but the prices are surprisingly high.  To many ordinary citizens, looking at expensive fashion products in a shopping mall, they simply see them as cakes in the painting. For that reason, the market size is small. On the other hand, Dongdaemun wholesalers continue to trade with good products, fast speed, and low prices.  In particularly, the Dongdaemun wholesaler, which sells designer brands at low prices, is a fantastic supply partner! Make them a supply-side partner like a blood brother. Because, blood will tell.

Dealing with wholesalers as a producer #4

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www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase? Dealing with wholesalers as a producer <4>   The etymology of marketing is understood as ‘market’ plus ‘ing.’ Therefore, it can be said that marketing is a job in the marketplace.   Dongdaemun market has been founded and grown with the business framework of ‘manufacturing and selling fashion clothes ’in the marketplace. We can say that Dongdaemun wholesalers are not a selling, but a production activity. The starting point of their marketing strategy depends on what and how it is produced. Good luck to you!

Path to profit maximization #3

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www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  Path to profit maximization <3> “Fashion products are good, fast, cheap, and pick two options from them.” That is right. In other word, most of fashion products cannot satisfy all three of the requirements.  Surprisingly, Dongdaemun wholesalers are the only suppliers in the world who have requirements such as product, speed, and price.  That market allows fashion retailers to maximize their profits. All the best.

The birthplace of K-fashion #2

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www.seoulclick.com Bong Sul (Ph D., Advisor) The birthplace of K-fashion <2> Fashion retailing, where and how to purchase?   In downtown Seoul, there is Dongdaemun, a classical castle with a history of 600 years, and ultra-modern buildings DDP. Around those two landmarks, there is Dongdaemun market. Dongdaemun market is a unique marketplace that has been manufacturing and selling fashion products. The market is even more famous for being the cradle of K-fashion, which is loved by people around the world today. Anyway, I have the happiness of talking all of you. I will be back soon.