The fashion industry is a very competitive environment in which everyone wants to be the best Fashion management is an equally competitive environment in which everyone wants to be the best at their job
Fashion marketing and fashion management are often used interchangeably as they have many similarities despite being two separate areas of focus
Fashion marketing and fashion management are related fields but they are not the same thing A fashion professional working in either field must be well versed in both to excel at her job
What is management and fashion marketing ?
Fashion Marketing:
A fashion marketing professional must create a compelling brand story to share with customers
It is her job to create a relationship with consumers and to generate buzz for the brand She develops marketing campaigns creates promotional strategies manages social media accounts and more
A fashion marketing professional learns the best ways to connect with customers on an emotional level and uses this knowledge to engage with them in a more effective manner
Fashion Management:
A fashion management professional is responsible for operational issues like creating and managing sales strategies garment construction and coordinating runway shows
Her job is to monitor inventory management and analyze costs to ensure her company's profits She has a natural eye for style and she has been trained to spot upcoming fashions
Similarities
Marketing professionals focus on promoting the brand and management specialists primarily concentrate on operational matters but both fields have many shared aspects
A fashion designer must have knowledge in another area of the industry
Many colleges and universities offer a joint fashion marketing program
A well-rounded education includes learning both business and marketing practices with a focus on the areas that interest the student
A degree in either discipline will provide her with many of the same positions like buyer store manager showroom coordinator wholesaler product development
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Work Environment in Fashion :
The career environment for fashion marketing and fashion management professionals is similar
Both professionals are commonly employed by wholesalers boutiques independent designers and manufacturers These positions are highly sought after so competition for them can be intense
Professionals in both fields may be asked to work long hours during busy periods like fashion week and may also be required to travel to meet with clients and associates located in other cities
What do you study in fashion management?
Fashion encompasses the understanding of marketing sales and purchase Fashion involves the understanding of marketing sales and inventory Therefore it gives an overall understanding of how the fashion industry actually works
What is Fashion Management?
To answer this question one must understand that fashion is a very diversified field from glamour to business operations Apart from the glamour of the fashion industry and its various operations there are also many other tasks involved The basis of Fashion Management is the operations of the business
those who manage and run it And this is what Fashion Management really means It encompasses understanding marketing sales purchase and inventory management thus giving an overall understanding of how the fashion industry works It’s pretty hard to resolve a conflict when everyone assumes that they’re right The most important thing is to respect each other and stop fighting
In fashion management you will learn how to:
- Building Brand Image
- Marketing Management
- Merchandising Management
- Management of Fashion Products
Planning and promotion of fashion business can be achieved by following the steps below:
1. Develop a clear idea about your business model and how you want to execute it Determine your target market cost structure brand positioning and target consumers You should also know what markets you are going to compete in Determine your competitors’ strengths and weaknesses as well as their customers’ buying habits It helps if you have a product or service that is different from others
Design Development:
Dynamics of e-Commerce
Global marketing strategies are used to market products globally
One of the benefits of studying Fashion Management is that students are given the opportunity to learn outside of the classroom
Field trips to major fashion houses’ corporate offices
Internships with major fashion companies
Organizing and/or coordinating runway shows
The best part about pursuing this course is that it does not require you to have a specific background in art design or fashion! You can pursue an Arts Science degree or an MBA as a qualification in fashion
Opportunities are jobs and salaries that are in fashion management
The fashion industry shifts to digital Consumers will continue to champion fairness and social justice
We now know that fashion is important but the question of whether a degree in Fashion Management is needed or not depends on you Here’s a look at some of the job prospects a degree in Fashion Management will open up for you So you can find out why really study fashion.
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1- Fashion Stylist
Average Salary (in $):$15.36 per hour
Job Description: This is one of the highest paying jobs in the fashion industry and one of the most interesting ones too As a fashion stylist here’s what you’ll do:
Plan and coordinate outfits for your clients Pick out a color palette that best suits your clients’ personalities This will help to make the shoot more comfortable and keep the shoot on schedule
Attend runways to keep up with the trend
Source clothing from brands
There are different types of stylist i.e personal stylist e-commerce/online stylist still life stylist product stylist among others.
2- Merchandising Manager
Average Salary: $58,093 per year
This is a first-level manager and plays a pivotal role in fashion merchandising A fashion merchandising manager makes important decisions on stock prices purchase and marketing by studying the consumers and the market The job responsibilities include:
- A store should maintain its visual appearance
- Co-ordinate sales promotions
- Check inventory levels
- Monitor retail price for competitors
3- Brand Manager
Average salary:$72,453 per year
A brand manager must be good at what he/she does and if the job involves managing a brand the manager must also be a good leader
- Stay updated on market trends
- Strategies for attracting and retaining customers
- Make investment decisions based on the customers’ behavior
- Develop marketing initiatives and activities
4- Creative Director
Average salary: $109,013 per year
This is a people-oriented job as a creative designer that deals with internal and external clients Typical duties/responsibilities of a creative director include:
- Develop design concepts
- Maintain quality control with projects and concepts
- Create ideas for pitching and proposals by coordinating with the internal team
- Generate multiple concepts (for a campaign/project)
- Manage projects from beginning to end
5-Commerce manager
Average salary: $68,794 per year
The e-Commerce Manager is responsible for the continuous functioning of eCommerce operations and development of a product catalogue The operator must be able to work at irregular hours due to the 24/7 nature of online shopping
Oversee and manage the eCommerce department to create a significant online presence
Develop and research new marketing strategies for the company’s online offerings
- Plan e-marketing expenditures
- Maximize search engine traffic
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Average Fashion designer Salary Jobs in 2022
The fashion industry offers a lucrative career where you have the opportunity to combine your interests in business and fashion .
Here are a few of the top fashion academy nad University/Institute::
University/Institute:
- Cornell University US
- The University of Manchester
- University of Amsterdam
- Monash University Australia
- University of Southampton
- University of Leeds UK
- University of Alberta
- Alma Mater Studiorum – University of Bologna
- Politecnico di Milano Leonardo
- RMIT University
- Heriot-Watt University
- Coventry University
- University of Huddersfield
- Robert Gordon University
- Manchester Metropolitan University
- Nottingham Trent University UK