Streetwear Marketing Strategy: From Market Analysis to Developing an Effective Marketing Plan
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- Issue Time
- Apr 6,2023
Summary
Despite the rise of streetwear, the target market for aesthetic streetwear is largely unknown. This article will give you tips on targeting your street fashion market and how to find yours quickly.
Streetwear is one of the most notable fashion trends of recent years. It's about making, promoting, and selling loungewear in new ways beyond traditional retail channels.
Generally speaking, when it comes to beauty streetwear, customers usually turn to social media to buy the brand's products. The streetwear market is huge and growing, attracting the attention of some of the biggest names in fashion.
Streetwear, a fast-growing industry worth an estimated $309 billion, has skyrocketed in popularity since 2017, with searches for proprietary and non-branded streetwear terms up 157%.
Despite the rise of streetwear, the target market for aesthetic streetwear is largely unknown. This article will give you tips on targeting your street fashion market and how to find yours quickly.
Streetwear Market Analysis
Shoes are an important buying factor. More than half (62%) of consumer survey respondents chose shoes as the product they were most likely to purchase, followed by about a third (30%) of tops, including different types of t-shirts and hoodies streetwear.
Only 6% of consumers voted for accessories. A general fascination with sneakers and shoes helps explain the shoe's remarkable performance. The industry is largely driven by big companies (Nike, Adidas, Puma, etc.) Affordability Enhanced. Comparison with Luxury Clothing.
Contrary to reported consumer demand, industry respondents generally reported blankets, T-shirts, and shoes as their best-selling products at similar rates. However, when looking specifically at luxury streetwear brands, a higher proportion (72%) said sneakers were their best-selling product, compared to 58% for T-shirts and tops. I see. Companies that nimbly introduce sneakers into their product lines can meet consumer demand and enter this market.
Different Street Brand Marketing Ideas
Gaining foot traffic for a small business is no easy feat, especially given current global events and the constant evolution of streetwear. Physical stores are the most effective way to promote your brand and attract customers during this time. It may seem like trying to compete with the online store offering the cheapest product is unsuccessful, but 86% of customers are prepared to pay more for a better experience.
To help level up this best experience, there are a lot of things you might like:
Create a loyalty program
Store events (securely)
Include social media in your promotion
Create a YouTube channel
Support your local community
These simple, proven, and tested marketing methods are ideal for providing a great customer experience for small clothing stores, a way to compete with major international brands for the cheapest prices.
Streetwear Marketing Strategies
If you run a luxury brand, you might be wondering if the rules are different when it comes to marketing strategies for fashion brands. Despite the nuances, recommendations for luxury and budget brands tend to come from the same region. Luxury fashion brands require bespoke and targeted marketing thinking, but so does any other type of fashion brand. Much that we have to say about developing an advertising strategy for a luxury brand also applies to any other type of brand.
Beyond that, here are our top 5 streetwear marketing strategies.
Personalized Customer Experience
More than half of consumers want some level of personalization before interacting with a website. That makes sense. No one stumbles across your website. They found your online store through PPC ads, Instagram Stories, influencer marketing, organic search results, and more. They found your store in an effort to match their search query.
Make Sure Your Customers Understand How to Use Your Product
Clothing is functional as well as visual. People see ads for pants, skirts, shirts, etc. Of course, more than one garment was featured in the ad. Usually, this is a model or a selection of clothes, lined up, glamorously lit, and so on. Creating a style guide for your clothes will help your clients understand how to best wear your clothes. Style guides are also useful for upsells, as clients want a finished look.
Use Influencers to Justify Your Fashion Marketing
73% of millennial consumers say it's important to read other people's reviews before making a purchase. However, customers must purchase to write a review. How do you break this cycle and extend your brand with value-driven content? Invest in influencer marketing.
Start a Blog to Drive Organic Traffic to Your Brand
85% of millennial customers do research before buying, and 60% of that research is done on a company website. So, you need a blog. A professional blog for building fashion brands. Why should you encourage people to buy your clothes or jewelry on one site while reading the latest trends on another?
What Is the Target Market for Streetwear?
Knowing who to bet on when it comes to streetwear isn't always easy. But after a lot of research, we found the perfect target market for beauty streetwear. If you want to look good in streetwear, you need to target this demographic.
Our research shows that consumers of street beauty are mainly young people under the age of 25, and the target market of street beauty is not the most affluent group. These people make less than $40,000 a year. But that doesn't mean they don't have money for top brands.
Social media primarily influences the target market for aesthetic streetwear. Therefore, you want to properly showcase your products on the platform. However, you can connect with your consumers both online and offline. Most of them will probably buy products from that brand store. To find your target market for street-style beauty, you need to look for those who consider themselves socially responsible. So, to be successful, brand activism must become an integral part of streetwear brands.
Streetwear Marketing Plan
Small or independent fashion brands need a strong marketing plan and strategy to gain traction in a crowded industry. A fashion brand's marketing plan should clearly define the target audience, timeline, and strategic goals. Ideally, a marketing strategy should include multiple media channels that work together to enable different brands to achieve their goals.
Digital Media Marketing Strategy
A digital marketing strategy allows you to reach and engage with your audience online. Use social media to reach people and your audience. For example, advertising on Facebook allows you to choose the demographics and behaviors of the audience you want to reach, so it's important to know who your audience is upfront.
Consider the types of websites your audience visits frequently and consider advertising on or engaging with them. Start building an email list for your brand by adding an email signup form to your website with a service like Mailchimp. Send regular emails to your audience to let them know about your fashions, sales, and promotions.
Post Marketing Plan
Create a print media strategy that combines social and marketing to gain exposure in magazines and other forms of publication, including blogs.
For example, if you sell children's clothing, you could offer readers a parenting magazine as a gift. If you too are a parent who started a fashion business when your kids were young, please share your story of starting a business with a young child. Also, consider placing an ad in the book to increase exposure.
Lifestyle Marketing Strategy
Develop a live event marketing strategy that allows you to showcase your brand to your target audience. Live events can include fashion shows, fashion shows, or home shows. Consider presenting at a trade show, expo, or another life event that will appeal to your target audience.
For example, a clothing brand targeting teens might consider hosting a youth fashion show to benefit charities and local news organizations or publications. This type of live event provides a fashion show and creates good publicity for the brand. By talking to the interviewer, you can reach him.
Ambassador Marketing Strategy
Develop a marketing strategy with a focus on acquiring brand ambassadors to use as marketing assets. A brand ambassador is someone who carries, promotes, and distributes fashion messages about you on your behalf. Brand ambassadors can be local celebrities, public figures, or external members of the target market.
For example, if you sell popular t-shirts for 18-24-year-olds, create an ambassador program for a local college or university and have students recommend your brand to others. If you sell products online, use a service like Infusionsoft to create an automated affiliate program where your affiliates get paid for each person they refer.
Bottom Line
Streetwear is one fashion trend that keeps disrupting the market. Known for his brand of opposition, he is a platform for social causes. When entering this market, you need to know your target market.
This article explains which customers to follow. It also explains the factors that influence the success of trendy street fashion. With information on hot trends and what it takes to be successful as a streetwear brand, it's easy to succeed with your streetwear collection. If you want to order streetwear, please contact us.
RAINBOWTOUCHES is a professional custom streetwear manufacturer with 15 years of experience, mainly producing and selling casual men's wear, streetwear, sportswear with brand characteristics such as casual, avant-garde, comfortable, and fashionable. We take the customer first and quality as our culture as our business principles. We have always attached great importance to every customer, taking producing and designing exquisite products as our basic and core goal.