Is It Worth It? The Pros and Cons Of Running Your Own ...

30 Sep.,2024

 

Is It Worth It? The Pros and Cons Of Running Your Own ...


Whew, it's been a long, challenging journey to get to here! After finally breaking free from the corporate fashion world and starting my own business a year ago, I'm finally on a path that excites and inspires me! It wasn't easy. There were sleepless nights, multiple sacrifices, and tons of hard work, but this November marks the first anniversary of WonderLust Lingerie. I'm reflecting back on my journey to reevaluate what has worked for me and what still needs work.

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Everybody tells you starting your own business is difficult, but it's really hard to fully understand that until you actually take the plunge. And now that I'm in it, the truth is it's even harder than I thought.

While there are so many rewarding aspects to my new job, I am constantly struggling to stay afloat and I know I am not alone. In fact, one of the questions I get asked most by aspiring business owners and lingerie enthusiasts is 'Is it worth it?' which is a pretty loaded question. How can I sum up my experience and feelings when everyone is different and handles things in their own unique way?

In order to gauge if starting a lingerie business is worth it to you, you really have to do some soul searching first. Running a business in any field is taxing and not for the faint of heart. But if you truly have a passion for lingerie and are willing to put up with the stress and hard work it will entail, this could be the industry for you.

Below I've put together a list of pros and cons based on my own personal experience. I encourage budding lingerie entrepreneurs to read on and see if this could be a potential career path for you.

Pro: You get to help people find their confidence

Lingerie shopping can be intimidating and at times downright dreadful for some people. Maybe they lack the confidence to show off their body or have never found a fit or style that speaks to them. Either way, I've found that being respectful and sympathetic to your customers' needs and feelings can go a long way. Once your customer feels safe and comfortable, chances are they'll become repeat customers and may open up to new ideas about lingerie. It feels amazing to convert a timid customer into a full-on lingerista, and watching their confidence grow always brightens my day.

Con: Lingerie is still considered a risqué field

It boggles my mind that many people still consider lingerie to be 'frivolous,' 'dirty,' or even 'misogynistic.' While it can certainly be all of those things, the majority of the lingerie industry is striving for quality, fashion, and fit with the wearer's well-being in mind. Yes, it is a sector of the market that is intimate and personal, but this is why it has the ability to make a woman feel amazing on her own terms. I'm often met with inappropriate comments when I explain my job, which proves the lingerie industry is still judged differently and more harshly than other fashion professions.

Pro: You learn to appreciate all sorts of body types

I'll admit that working in the fashion industry had taken its toll on me in terms of how I viewed my body and my confidence level. I was taught early on what the 'perfect' body type looked like and how everyone should strive to reach that standard. However, working with customers from all walks of life has shown me that the 'perfect' body type is not as prevalent as I had thought. In fact I find myself mostly met with a wide range of sizes and shapes. Size 36D is my best selling size. I'm exposed to many different shapes, colors, and sizes, and each looks no less sexy to me than that 'perfect' woman. Confidence truly comes from the inside, and admiring these gorgeous women of differing proportions has really opened my eyes to what I now consider beautiful.

Con: Fit is extra important and can negatively affect sales

The fit of a garment is always an important factor to keep in mind, but when you are dealing with lingerie it becomes imperative. Uncomfortable undies can pretty much ruin your day and an ill-fitting bra can have bigger consequences like pain, discomfort, and even long-term health problems. Because bras are such technical pieces and need to be tried on, it can be challenging for a lingerie business to sell them, especially online. Not being able to try on a bra is a risk for the customer, so it's important to have a fair return policy. It also helps to have an extensive fit chart, library, and instructions for your customers to better understand what they are buying and give them a better chance of purchasing something they'll love.

Pro: You have access to free and discounted samples

I'd be lying if I said that this wasn't half the reason I wanted to go into the business in the first place! Designing and buying lingerie for myself and my likeminded friends is part of what fuels me. Depending on what market you are in, you'll definitely have the chance get free samples or purchase styles at the wholesale cost. This is a great way to not only satisfy your shopping addiction, but also test out the merchandise firsthand and learn how your product fits, feels, and behaves on the body. Just make sure to keep your shopping in check and always prioritize your business finances over your personal desires!

Con: Managing inventory can be tricky with all the sizes

No two bodies are shaped alike, which is why sizing can be a bit tricky. Most 'average' clothing retailers sell a range from size 0-12 which gives the customer seven sizes to choose from --- and even fewer if they're sized from S-XL. While this isn't much of a problem for sleepwear and underwear, it does become an issue in bras when your customers can range anywhere from a 30A to a 40F and beyond. It's simply not feasible or affordable to carry all the sizes, so it's up to you to decide which sizes are right for your business. Typically, for every one size of underwear, I carry two to three bra sizes, which makes for a large inventory and requires more careful monitoring in the long run.

Pro: You will learn the art form of lingerie design

As a lingerie enthusiast I've been studying quality and craftsmanship for years, and am always a stickler for expertly made lingerie. Luxury fabrics, handmade details, and expert construction are all things I learned to value early on. Studying the fabrics, details, and techniques up close is a great way to learn about and appreciate lingerie, and learning how they are stabilized and sculpted into their final form is invaluable if you are working in the industry. Viewing lingerie as an art form has given me pride in the styles I offer my customers and makes it easier for me to stand behind my product.

Con: Sales can be slower than in sportswear

For as popular as lingerie is and more recognized as an important part of a wardrobe, it still does not bring in the same revenue as clothing. For every dozen shirts that you own, you may only have one bra. And underwear is often bought in bulk and only a few times a year for the average shopper. The trends in lingerie also move slower since it is mostly worn in private, and there are fewer options to choose from than in sportswear. But don't let that deter you ' lingerie is still a viable market and is growing each year as more designers and retailers emerge offering us new and exciting options to choose from.

Pro: You get to work with lingerie for a living!

I can't stress this one enough. If you have a passion for what you're doing and are willing to dedicate ample amounts of time and energy into your business, then go for it! I love lingerie and have become somewhat of an expert in it throughout the years, making this one career choice that I can't ever imagine leaving. Somehow I don't think selling kitchen appliances or dog food would bring me as much joy, or feel as rewarding as lingerie does. So find what it is that speaks to you or gets you excited and try giving it a go ' life is too short not to!

Have you considered starting your own lingerie business? What questions do you have?

The Foundations Of Lingerie Design And Manufacturing

Lingerie design is a whole philosophy in itself. This article will help anyone interested in starting a lingerie brand understand some critical foundations.

[ctt tweet='This article will help anyone interested in starting a #lingerie brand: http://ctt.ec/ltX62+ @Thednagp via @Makersrow ' coverup='ltX62']

1) Find the opportunity!

Being a six-foot man with little understanding of the lingerie industry, it was an eye-opening experience walking into a department/specialty store's lingerie department for the first time. However, it was imperative for my team and I to understand the luxury intimate apparel market, buying habits and trends. On-site market research proved most effective in acquiring this knowledge.

Intimate apparel is an intimate experience, so I asked the associate as if I was purchasing a gift for a good friend of mine. Questions were asked based on knowing the price point of our line, the materials we used, and the clients we catered too; that way, we got specific experiences and advice from the people who knew the product the best.

Tress are exported all over the world and different industries with quality first. Our belief is to provide our customers with more and better high value-added products. Let's create a better future together.

3 Key Insights We Learned About the Lingerie Industry:

  1. Men purchase more luxury sets of lingerie then women do. They also purchase more color and more styles with lace.
  2. The quality that our competitors offered could have been higher warranting the price. The consumer does notice the difference, although they might not know the technical aspects.
  3. The majority of the intimate apparel lines carried in stores are not made in America or locally. This gave us a tremendous amount of insight on how to start rebranding the line and positioning it. We took all the information we found and started applying it to our brand. Our photography features more sets, focuses on details of quality, and displays our proud ability to manufacture in America.

 

Pro-Tip: Identify the areas of opportunity in your market so you can better penetrate a niche with your amazing idea.

[ctt tweet=''Intimate apparel shouldn't just be functional and appealing, it should also empower the wearer.' @Thednagp @Makersrow ' coverup='wdBq3']

2) Make sure your fabric is a good fit.

This is a crucial make or break of any apparel line in any part of the industry. It goes without saying, creating a product is not an overnight thing; it takes time, testing and several rounds of fit samples. Don't be surprised when the concept you start with doesn't end up being what you finish with. The design process is the best thing every brand will experience. Fabric sometimes plays the biggest catalyst to change in design and fit.

[ctt tweet=''Fabric sometimes plays the biggest catalyst to change in design and fit.' #manufacturing @Thednagp @Makersrow ' coverup='m4axd']

Since we are a luxury lingerie line, our bread and butter is 19mm Silk Charmeuse; we've experimented with other fabrics in the past. In trial and error, we've purchased fabric we thought would be amazing but turned out to be a disaster. To avoid costly mistakes, always test with sample yardage. If your line is going to be washable, make sure the integrity of the fabric holds up through washes. If your line is going to be dry clean only, make sure your material could withstand the process of dry cleaning. Bad experiences with fabric could make or break the success of your company.

[ctt tweet=''Creating a product is not an overnight thing; it takes time, testing and several rounds of fit samples.' @Thednagp @Makersrow' coverup='gWruc']

Pro-Tips When Searching for Lingerie Fabric:

  1. Silk is a fiber. Charmeuse is the fabric. Fiber creates fabric. Don't assume all Charmeuse will drape the same way. Polyester Charmeuse is denser and drapes differently than that of Silk. You could use Silk Charmeuse, Silk Chiffon, Silk Satin and so forth; all will have lives of their own.
  2. Just because the fabric stretches doesn't mean that it will stretch the same way as others. Stretch material and working with it is an art of itself. Stretch ratios vary based on fiber, weave, and treatment. If you are making a garment that needs to stretch (ex. Panty), you might have to make alterations to your pattern. Stretch ratios are for every one inch of fabric it could stretch another two or three inches.
  3. The best way to check your stretch ratio is to cut a one-inch piece of the fabric and pull it on a ruler. If you only hit the two-inch mark, the stretch ratio indicates that one inch of fabric will stretch another one-inch. If you have a heavy stretch fabric, your size medium could accommodate a wider range than that of a lighter stretch.

[ctt tweet=''The best fabrics found are from vendors that specialize in that fabric and have loads of options available.' @Thednagp @Makersrow' coverup='ve6da']

3 Vital Questions to Ask Your Fabric Supplier:

  1. Is the fabric reorderable?
  2. Will the colors be available next season?
  3. What is the turnaround time and do you offer other fabrics?

Factories and suppliers are more willing to work with brands on minimums, prices, and terms if they order more fabrics with them. From experience, the best fabrics found are from vendors that specialize in that specific fabric and have loads of options available.

3) Know your Lace.

Lace constantly goes in and out of fashion. However, lace will always be a staple in the intimate apparel world. Knowing all the different types of laces and styles is essential. Not all laces are created equal, and there are major learning curves to working with them.

4 things To Look for When Choosing a Lace:

  1. The overall potential. It's not always how decorated the lace is, we look at how we could cut it apart to lessen waste. Some lace has the ability to cut apart and create incredibly intricate designs. The less waste the better, and the better margins your company will have.
  2. Can it be dyed? That is a huge component for our company. If you could dye it, you could make it more individualized for people. This could help you develop more products that are fun and exciting.
  3. Will it shrink? Measure it, heavily steam it, and then measure it again. Even if your product is dry clean only, this is something for you to consider. If it shrinks, you'll need to compensate for it. We don't purchase lace that shrinks because it will alter our silk's drape. There is no right or wrong, it is just critical to know.
  4. How well does it work through your production line? That is the major question. If our head seamstress says no to a lace, it doesn't go into production. Sometimes we loose incredible lace we'd love to work with but it would be more problematic if we didn't listen to our craftsmen. In the long run, using the wrong lace could lead to defective merchandise and production hiccups. If your manufacturer recommends a different lace, it isn't to be argumentative or crush your design, it's to help its' efficiency down production. Efficiency equals better profit margins. Sample makers can make most designs come to life, but that doesn't always mean that it's going to work in production. That is one of the largest misconceptions when creating a product. Find a good manufacturer that you can establish great communication with and listen to the advice given.

 

Pro-Tip: Communication is key when it comes to production.

[ctt tweet=''Efficiency equals better profit margins.' @Thednagp @Makersrow' coverup='9ej7i']

4) It's an intimate experience.

This goes back to really knowing your market and who you're trying to service. Test the product yourself, visualize how it works, and make alterations accordingly. Some intimate apparel lines trend toward costume styles, some gear toward shaping, and others are basic foundations (ex. Panty). There is no right or wrong in the intimate apparel world.

[ctt tweet=''There is no right or wrong in the intimate apparel world.' @Thednagp @Makersrow' coverup='u038c']

Attending trade shows like CURVEXPO will give you more exposure inside this market. You'll learn why the presentation and product experience help communicate with your client. Intimate apparel shouldn't just be functional and appealing, it should also empower the wearer. Confidence is insurmountable in the intimate apparel industry.

3 Strategies That Worked For Us:

  1. Gracious fits: Since our fits were established in the late 70s, body shapes have changed. Our size small could fit a medium. In the fashion industry, we consider it a missy fit, though we just find it practical. Gracious fits allow our clients to feel comfortable and confident. If you want the fit tighter, then you need to size down. Make sure you are comfortable with your fit before you debut your line, it's not easy to re-establish after your initial appearance.
  2. Basics: What you see is what you get. We don't have bells and whistles. We don't rely on anything but our craftsmanship and quality. We're not distracted with heavy hangtags, fussy things, and overly complicated design. Let your product speak for itself.
  3. Packaging: Though our packaging doesn't make it to the client, it's still an experience for the wholesale accounts who open them. Your product packaging is the best time to express something fun and unique about your brand. Each of our pieces is individually folded with tissue paper and then placed in a plastic wrap with our logo. From there, it's placed in a beautiful white box and finished with reinforced white tape perfectly aligned on the box. It's exciting for the vendor to open and they appreciate how much attention to detail we put into everything. In turn, they feel closer to the brand and are more passionate when selling to a client.

[ctt tweet=''Your product packaging is the best time to express something fun and unique about your brand.' @Thednagp @Makersrow' coverup='kb8i1']

5) Simplicity (usually) wins.

Overly complicated designs can create product aversion, especially in the intimate apparel world. Some lines are successful in bridging practical with fashion forward; just keep proportions and purpose in mind. We release new styles every season, some are a hit, some are a miss, but all help us understand where our clients are going and the needs they might be seeking.

Don't be surprised if your wholesale accounts purchase the basics of your collection. In today's economy, people are purchasing more pieces that allow them more wear mileage opposed to something they would only wear once.

[ctt tweet=''People are purchasing more pieces that allow them more wear mileage opposed to something they would only wear once.' @Thednagp @Makersrow' coverup='2ev18']

Sometimes it's hard not to take it personally when an incredible piece isn't bought. Remember, your vendor wants your line (that's why they purchased it) and their purchasing patterns will give you insight into what is and isn't working in your line.

  • ' Use design elements in important places.
  • ' Make sure your fits are on point.
  • ' Stay consistent to your foundations.

If you keep those points in mind, you'll be well on your way to penetrating the intimate apparel industry successfully.

[ctt tweet=''Overly complicated designs sometimes create product aversion, especially in the intimate apparel world.' @Thednagp @Makersrow' coverup='K4wap']

The Last Word.

Experiment, test, and always continue to develop. The fashion industry is intense, small business owners need to remember to have fun with it. Go to trade shows, experience how stores sell intimate apparel and ask questions to sales associates (they are the key to selling your product). Indulge in your competitors line and see how yours will stand out.

Remember, you can't service everyone, even though we all try. Once you realize that, establish your fit, understand quality and quality control, and make sure your execution on every order is consistent. Service your market, clients and accounts consistently because brand equity is everything.

I hope that my experience has helped you understand a bit more of this incredible industry. Comment with your questions below!

For more Lingerie Manufacturerinformation, please contact us. We will provide professional answers.

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