Clothing Net: B2C Platform For Garment Industry
Only 50 people's clothing net, founded in September 2007, completed about 20000000 sales last year, with more than 200 thousand registered users and nearly 200 garment brands.
"Multi brand, short channel, sales mode is our current feature," said Liao Bin, President of clothing network. In particular, the sales of these about 20000000 were completed on the basis of advertising and public relations propaganda.
"More than 70% of our existing products are contracted directly from factories, and are made by way of deposit plus credit," said Hu Lizhong, director of clothing network operations. This is actually a way of closing sales. This "leverage effect" enables the clothing net to get more goods at a lower cost, while goods that are not well sold can be returned to the enterprise directly.
The vision of the clothing network is not to be an online clothing mall. They hope to cooperate with the brand enterprises in depth, that is, enterprises directly run the business, that is, enterprises open their own network marketing channels in the clothing network, and the clothing network provides technical support, platform and professional planning support. "We only accept commission at that time," Liao Bin said. The user database and sales strategy are all owned by the enterprise. At present, this system has been developed and completed.
Liao Bin believes that in the field of B2C, the most important thing is to have industrial chain support. The clothing network which is invested by two largest garment industries in China, B2B China apparel network and China apparel net, is unique in this area. After 9 years of development, these two B2B already occupy 90% market share of the domestic garment industry e-commerce, and have 4800 paid brands, "these will become our resources".
"The biggest difficulty we are facing now is to foster the trust of online consumers. For this reason, we put forward" seven day unconditional return, fifteen days unconditional replacement, "and" fake one compensate ten "strategy. Hu Lizhong said that if we make some small brand clothing, our profit rate will reach 50%, but we will not do it. We should cultivate the trust of online consumers and build our own image.
"We are not short of funds," Liao Bin laughs. Last year, we talked about dozens of investments. The financing action will be restarted in March. "There will be second venture capitalists in August," after which the clothing network has been invested by 002095.SZ (5 million).
Editor: vivi
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