Thursday, May 23, 2013

Keeping Your Fashion Boutique Updated With The Seasons

Do you own or are thinking about owning a retail fashion boutique? It can certainly be a fun and financially rewarding business venture when done correctly. You'll be able to work for yourself doing something that you hopefully enjoy doing. If you are a fashion-minded type of individual, then you'll naturally love the retail boutique industry. With that said, it's important to remember that your boutique store needs to be updated according to the seasons. This is an all-too-common problem that results in the failure of many new fashion boutiques. Here we'll take a closer look at the importance of updating your store according to the seasons and how you accomplish this.

Garment Functionality


Have you ever walked into a clothing store or fashion boutique only to ask yourself why they would still be selling certain garments? Personally, I don't know how many times this has happened to me. When the temperatures begin to drop, stores will still be selling the same shorts, tank tops and t-shirts. Naturally, not many people are going to purchase light clothing such as this once the cold temperatures approach; therefore, the store owner is essentially losing money by wasting valuable product display real estate.

Of course, the same principle holds true for sweaters, jackets and other thick garments during the spring and summer months. If your boutique store still has the same warm-weather clothing out on display once the temperatures rise, you probably aren't going to make many sales.

Taking Into Account The Seasons


While it might be easier to leave the same garments and accessories on display for months on end, a more effective technique is to change the garments in your boutique store based on the seasons. Think about what the current season is, how long it will last, and what the forecast is like for the upcoming season. I know this might sound like common sense to some people, but you would be surprised at how many boutique stores overlook this simple concept. As the seasons change, you need to update the garments in your store.

There's nothing wrong with selling out-of-season garments, but you can't expect them to fetch the same price as they would in season. If you simply want to get rid of extra inventory, mark it down to clearance and then place it up for sale. Customers will likely take advantage of the low prices even if the garments aren't in season.

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