It has been rightfully said that often the success of a business leans on the strength of its management team. After all, the design and development of products and services are just the first half of the equation, which only becomes complete when these offerings reach the right people at the right time.
In the fashion industry, business management involves the core functions of marketing and selling a product and purchasing and managing inventory to ensure the right stock reaches the right people at the right time, among others.
Unsure about starting your career in the field of fashion management? Given below are some tried-and-tested tips to help you become ready for the industry. Once you’re sure of that, you can be sure that then is the right time to pursue a bachelors in fashion management in India.
Tip#1 Get thoroughly conversant with the industry
What could be worse than going slow? Not knowing where to go! That is precisely going to be the case if you don’t take the time out to educate yourself about the industry. This means getting out of the consumer’s shoes and getting into the shoes of the professional working on the other side – that’ll give you a whole new perspective! Try to research all about the course, options beyond it, the demands and challenges of the industry. If you know someone who works in this field, talk to them. The more the knowledge, the better.
Tip#2 Networking is key to getting ahead
The fashion industry, or any industry for that matter, is relationship-driven, wherein building and nurturing strong bonds can take you very far. However, listening is the key, not just talking. Converse with all kinds of professionals – senior fashion executives, young designers, wholesale agents and merchants, industry veterans, and more. Not only can you develop lasting friendships, but also make useful connections.
Tip#3 Consider the creative side of fashion
Yes, we’re talking about fashion business management here, but fashion is inherently a creative business. The two are so well intertwined that one simply cannot exist without the other. The genuinely prepared are not just passionate about business but also the creative aspect of fashion. What shows that your interest in the industry is not merely a cursory one is how well you know the fashion industry, the kind of designers you love, and why you love their work.
Tip#4 Never neglect internships
No amount of theoretical knowledge, even self-experimentation, and practice, can beat an actual taste of the real-life scenario – hands-on experience – which an internship offers. You can start out by interning for a small fashion business; after all, they are often in need of talented professional management services. Moreover, interning for large businesses means getting to see only a small part of a bigger and more complex picture – not exactly profitable. Internships skyrocket your future chances.
Tip#5 Understanding market movements
Now, it is needless to say that the fashion industry is a highly dynamic one – the market rapidly touches new trends, which translates into new opportunities. For instance, – the sustainability market in fashion has grown immensely over the past few years, so has the digital revolution taken place. These market movements allow you to leverage the use of your hidden talents, say your thorough knowledge of computers and technology, to better communicate your message. As the star hockey player Wayne Gretzky once said, “Skate to where the puck is going to be, not where it has been.”
Feel ready yet? Opt for a bachelor’s in fashion management in India only after considering the above-mentioned tips. And when you do so, choose best-in-class institutions such as the Pearl Academy. Their Fashion and Lifestyle Business Management program aims to equip students with a wide range of competencies that are suitable for a successful career in the fashion business industry, be it in manufacturing, sourcing, retailing, or distributing.