Monday, June 23, 2008

Moving Forward

It's been a few months since I launched my site and now I'm starting to reach the point where I need to determine where to take this brand. I've been doing everything possible to promote it online, with as little cost involved as possible. I want to keep my brand competitive with the current market, but I also have to remember that it isn't really possible to position myself in the big leagues. I am quickly realizing that I need to start small have my brand featured in as many specialty boutique stores as possible. I have been approached by several shop owners interested in carrying Modern Material in their stores. In order to do so, I have to sell my products to them at wholesale. After carefully analyzing the situation, I realized that I did not have my retail prices set accordingly for certain items, mostly apparel and accessories. The last thing I want to do is raise my prices, however, if I want to get my brand in stores, I have to raise them or else I will loose money and never be able to get this brand off the ground. Please keep in mind that I am the sole designer and owner of this brand. I'm not off in China developing products for pennies like the mass market brands you are able to buy in your local mall. And even some of those brands sell their products at ridiculous prices. Instead, I am only developing small quantities which cause production costs to be very high. I also do a lot of the assembly and production work on my own, so you can be sure that products are high quality and not manufactured in a sweat shop over seas.

My plan is to run as many sales and discounts as possible so I can allow lower prices for my products online. Hopefully this makes up for raising the retail prices. Please fill out the contact form if you would like to receive special discounts.

- a n n i e -

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