In the last couple of months, the fashion sector has witnessed tremendous shifts in the ways it operates. The pandemic outbreak has unmistakably impacted the fashion industry as it offered more avenues to brands and retailers to experiment with and expand their horizons. These changes have accelerated more adoption of digital solutions in the business models making supply chains more streamlined and accessible during the uncertainties. The shoe designer online also follows a similar path and help footwear companies to explore various possibilities in the digital spaces through its customization solutions. The tailored tool allows your buyers to unleash the fashion designer in them and create a unique and funky pair of shoes that takes everyone by surprise. Custom Design Shoes Offer Solutions to Let Footwear Houses Start Over Their JourneySince the beginning of this decade, the fashion and accessory industry has witnessed mass closures, stay-at-home orders that created a panic like situation in the world. Many experts didn't know how to solve the problem and tried to understand the precautions they needed to take while preventing its infection from spreading. That whole year, everyone tried to survive the phase and refrained from celebrating any holidays, festivals, and other survival modes. Some brands also faced with revenue management as they couldn't pay their employees, while some retailers drew down cash to stay afloat, and others teetering on edge were tipped into bankruptcy by the sudden blow to sales and liquidity. The following year, 2021, brought a little relief to the world as the departments across various industries were better prepared to deal with unprecedented times. Also, in the last year, fashion houses, such as apparel and footwear brands, adopted digital solutions that enabled them to acquire other smaller firms, IPOs, and were involved in other transactions that were the silver linings. It would be inappropriate to say that the footwear industry didn't face any challenges; however, they were better equipped to grapple with any challenges. The problems related to supply chain bottlenecks as demands came flooding because of the eCommerce boom. These situations, too, introduced new perks to try and entice younger buyers and employees during the shortages similar to the one's fashion brands faced during the holiday season last year. Let us explore more avenues that help footwear brands and retailers to gain momentum in digital spaces: 1. Social Commerce Increases Sales and Attractiveness Social media is a powerful instrument that has helped people connect and empowered them to voice their opinions, display their references, and show their support to a cause. Its rule has further enhanced in the past two years due to the widespread coronavirus. People saw it as a gateway to discuss issues, highlight problems in the system, speak of injustice, and many others. Also, since most of us were asked to spend a long time at home with no physical contact, social media helped people communicate long distances. Therefore, we can see a spike in the number of social media users. Moreover, it also plays a crucial role as an indirect sales channel and helps footwear brands and retailers maintain direct connections with buyers. According to a market research agency, Ruigrok Netpanel, 41 per cent of online shoppers purchased something from social media last year. Thus, it wouldn't be incorrect to say that social media offers retailers and footwear brands many opportunities. The shopping features on social media platforms, such as Instagram and Facebook, have enabled footwear companies to gain more ground. As Meta designs and incorporates new features on these platforms, everyone should rest assured that these features will make social media more attractive. The 3D shoe design online, a customization solution, is one of the best ways to allow footwear brands and retailers to leverage the recent traction gained by social media. Its robust business solutions offer platforms to let your customers design footwear and speak their preferences and fashion style with more freedom. Also, when they can customize their shoes, sneakers, sandals, and whatnot, customers would want to share their experience with others using social media and these would help companies address a wider audience and expand their business. 2. Resale Marketing Gains More Traction from Customers A lot has been said and written about sustainability and how brands can initiate new measures to become eco-friendlier and mark their place. Even customers have become more aware of the fast fashion and chemicals used in the production of a new product line, and they want to act more responsibly; hence they are moving to more sustainable products. A report from the resale marketplace The RealReal indicates that 40 per cent of its shoppers were replacing fast fashion with resale, while 43 per cent shopped resale because it's more sustainable. It also found that sold-out styles attracted 50 per cent more new buyers than standard resale items. The "Luxury Consignment Report for 2022" unveils that there is a direct connection between different generations, with Gen X leading the way as they are the ones willing to spend more on the resale products than any other generation. Additionally, they were found to be selling vintage pieces to the modern Gen Z and Millennials, who are discovering more shoppable items for the first time. Furthermore, it pushes to appeal to younger audiences who have not driven Gen X out of the top spot for resale. Closing Comments- To sum up the blog, it would be appropriate to say that the footwear industry is undergoing significant changes in the ways it functions and meets its customers' demands. With each passing day, the footwear giants are incorporating new strategies to stay relevant to their buyers. The shoe designer online by iDesigniBuy offers the latest business solutions that enable footwear houses to capitalize on the recent trends in the market and set themselves apart from the rest. Collaborate with us now! |
One Stop Destination to get Product Design Software/Tools for any Personalized Product
Archives
July 2022
|