Have you ever wondered what the complete online apparel universe looks like?And where your online store fits in? And where there are threats? And where there are new opportunities? |
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Forrester Research estimates that 10% of the $180 billion U.S. apparel market occurs online, and that this will grow by 60% over the next five years.
A lot of money is at stake and this is a totally different ballgame than selling in retail stores and catalogs.
Monitoring the competition and the market influencers is more complex than ever, but also more possible. With technology such as crawling and semantic analysis tools new opportunities are available to gather and comprehend huge amounts of data never before available.
Fashion companies can respond quickly and intelligently to marketplace changes by taking such actions as:
Holijoli is exploring the interest its customers have in gaining access to highly current online competitive and media analysis through an online database and a series of reports.
Following are some ideas we are working on. Please let us know your interest level in any of these and if there is other information you are interested in obtaining.