Welcome to Insights by Artisans Advisory!
Here, we share information freely that should help build your business across a range of areas. We acknowledge the dearth of strategical knowledge within creative industries especially in Fashion and this is our little give back. Insights are shared in blog posts similar to our social pages on Instagram and Linkedin.
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Image: Lisa Folawiyo
Building Your Brand
Creating a well-crafted brand often serves as a key differentiator in a competitive market, it builds trust and customer loyalty and if you ask us, it’s completely worth the investment.
Now how do you create one for yourself? Let’s have a look at the possible outcomes for your business from this exercise.
Decoding Pricing Strategies Vol.2
Things are taking a step for the less mathematical.
Crafting appropriate pricing for your collection is very much like dancing on a tight rope, in our last article we discussed pricing models and margins that are a necessity when producing a price for your products, but what else informs attractive pricing for your customer.
We're discussing more of the art, and less of the science in this one.
Decoding Pricing Strategies
What really is in a price?
What really is in your price? How do you come up with a price that’s reflective of the value or provenance of your product?
In the intricate world of business, pricing stands as a pivotal pillar, dictating profitability, market positioning, and customer perception. Product pricing can be a minefield for most brands, specifically young businesses creating a new product or product offering.
Alternative (Business) Models
Another way to go…
Traditional business models have been established for over 100 years but as customer preferences evolve, alternative models have been established to address these.
Do you currently operate an established structure and looking for new ways to innovate and generate revenue with the same product range?
Here’s a few alternatives you may want to consider.
Business Models Vol.1
Does this Model really work for me?
What business model have you set up to structure and grow your business? Are these growth strategic or customer centric? Here’s a run down of different business models that could disrupt the way your business operates.