How Today’s Top Apparel Brands Succeed with Trade Credit
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How Today’s Top Apparel Brands Succeed with Trade Credit
How can your clothing brand use credit as a competitive advantage?
The world of apparel brands and lifestyle businesses is complex. If you study how apparel and lifestyle brands operate today, and you’ll find that even among similarly sized successful brands, there’s a lot of variation in how they work. trade credit programs and business practices.
As a professional working in apparel sales and credit, you must forge new relationships and find new channels to distribute your brand. Often, that means combining multiple communication systems and channels, and making decisions about who to trust.
We have worked with Sales and Credit Managers of successful apparel and lifestyle brands including Keen Footwear, Outdoor VF, Snowboarding, and more and ask them to share their secrets. The result is this report.
How to make trade credit your competitive advantage
Inside, you’ll learn what keeps their organization running smoothly and how they use their trade credit programs to:
- Make larger sales;
- Get wider retail distribution for their brands;
- Earn more re-orders from their existing retail partners; and
- Stay competitive in a fiercely competitive industry.
There are many systems and tools to manage your trade credit program. In this final report, we also explain new technology solutions that can help you streamline this part of your business.
Technological innovations like Fundbox Pay are helping to eliminate credit inefficiencies in an ever more competitive apparel landscape that you’ll want to capitalize on. To do that effectively, learn how industry leaders and other emerging players are using new technology to sell more, faster, and using trade credit as a powerful tool. to win and grow the retail business.
