WHAT AND WHY??

In my previous article I have highlighted the importance of the Fashion Industry and E-Commerce. Today I will get in detail for what and why we need E-Commerce.

For any business to grow it must constantly reach new customers and communicate efficiently. If you have a physical storefront you’ve probably realized these two requirements for growth are not easily achieved.  Building an E-Commerce website allows a retail store to break-through the limitations a physical location gives, while increasing sales of its products.

E-Commerce is a term used for commercial transaction that takes place chastely through the internet. This transaction could be between a consumer and an online store, or even a trade to trade business transaction. 

No matter what is your corporate standard is, you should take a closer look at E-commerce as a way to build your business.E-Commerce provides an ability to purchase without any restraints. 

Businesses worldwide are racing to conquer the E-Comm technology. It have expanded over the last 10 years due to the increase the rate of consumers purchasing online.

For those small scale business providers or those who are passionate to build their own business and finds it difficult to set up a physical store may find it easier to Set up an online store with the help latest technology platforms for their start-ups. When implemented correctly, e-commerce website should have the following features:

1.  Large customer base

2.  Hassle free services

3.  Latest technology

4.  Always open 24* 365

5.  Shop on the go

6.  Free training

7.  Opportunity to connect

If you found this article worth reading then please step up and take time to build an E-Commerce platform for your business. It may not be as hard as you think it is, and it could have a huge positive impact on your business for years to come.

FAHION INDUSTRY AND E-COMMERCE

The rise of mobile and e-commerce made a huge significance in the fashion industry. With the introduction of online companies like LIBBSY, the fashion industry is so very different as compared to what it was few years back. Most of the major fashion brands are so progressively marking their mark and tend to grow or build their market with the help of the e-commerce platform. Consumers are so engaged to spend their time on online purchasing than direct shopping as it is more convenient by saving time and effort to reach the destination. One need to create an effortless shopping experience to be positively leverage the e-commerce.

                                         

     

           

            Social network plays a vital role here.  I said so, as me as the user depend on the online or the user- generated content before making a purchase. Various social networks are now available [LIBBSY – ONE STOP DESTINATION FOR WOMEN SHOPPING]. Instagram, repost, Facebook, blogs and many more fashion buying and selling application or platforms are at ease for the customers choice. For me the urge to do online shopping have increased from the past as I have more options and seamless services to choose from a single portal rather than running around in a mall with a fuss…

                       

            LIBBSY - WE BUILD MARKET-PLACES FOR YOU TO LEARN AND GROW YOUR BUSINESS

           

E-platforms have made it easier for us. [LIBBSY PROVIDES GOOD QUALITY BRANDED PRODUCTS.] Most of the E-platform effortlessly try to provide highest level of customer satisfaction. As I have experienced that these application have made the users wanting come back for more. In fact, the retailers are keen to work with start-ups to please the hunger for modernism's. Online market-place for women clothing allow them to connect with a selection of products, indirectly helping the growing brands gain limelight through a larger platform.

            For those who want to create their own line of clothing but don’t have access to the resources or funding to do it on their own, these E-app aids to provide ability for the entrepreneurs to use E-platforms like Facebook, blogs or any related apps targeting to promote to specific individuals. 

BE SMART AND CHOOSE WISELY - LIBBSY COMING SOON

The high cost of entrepreneurship

So you are ready to start your own business! It’s a time that is both exciting and possibly nerve-racking. But there are so many reasons to do it, right? To be your own boss. To set your own hours. To realise your dream. And most of all, to provide the kind of financial reward and security that working for someone else can rarely offer. And you are re right, of course, in principle. Successfully starting, running and ultimately exiting a business can deliver on all of these promises.

However, before jumping into the waters of entrepreneurship, there are other sides of the coin you should be prepared for as well. Upon setting out on your new venture, gone will be the safety net you may well have become accustomed to: the regular salary. If you are funding the business yourself, you will hardly be able to pay yourself a salary. And if you are seeking outside funding, the last thing investors want to see in the “use of proceeds” table is a comfortable salary for you.

Without outside employment, you now also have to consider things like health insurance. The cost of being self-insured is becoming increasingly higher. Once your company may qualify for a small business group rate, it helps. But remember, you are the company. If you have the company pay your insurance, it is still you paying for your insurance. Every dirham or dime spent, is less money you have to work with in growing your business.

And as you no longer have someone to pass problems up to, be prepared to be the receptacle for all of the company’s problems. With the addition of employees, even good ones, you will also take on the role of parent, guidance counsellor, marriage counsellor and confessor. Which takes an inordinate amount of time.

But lest you get the idea that I am dissuading budding entrepreneurs from pursuing your dreams, I would assure you I am not. For many (myself included), the benefits mentioned in my first paragraph far outweigh the obstacles and challenges listed in the next three. But it is a decision that should be carefully considered before committing. Especially as one of the biggest changes you are likely to experience in starting your own business is one that is often the least anticipated: the change in lifestyle! In making the shift from employee to entrepreneur, you will be moving from enjoying a regular salary and the ability to budget your time and expenses in the pursuit of happiness to wondering what each new day will bring.

Let’s start with the budgeting of time. At the helm of your new enterprise, evenings and weekends become extended work hours where they used to be time for relationships and recreation. Whether it be business opportunities or operational issues, right now will always be the right time to handle them. So an unhappy client at 9pm can be a once-again-happy client at 9:30pm with a little handholding. 

But push them off to the morning when you may prefer to call them and they could well be on the way to becoming an ex-client. This weekend’s operations issue, if left to fester until the work week, could cost you far more than a few hours it may take to address it immediately. This is not to say you’ll never have free time to relax in the evening or on weekends. But your business will demand that you are always on call. Even travelling takes on a new complexion as you will undoubtedly spend an inordinate amount of your time on your email or phone handling business affairs.

Now on to the financial impact on your psyche and daily life. As an employee, you generally know how much you’ll make each month (apart from commission-based sales jobs of course). And you know your core expenses of housing, etc. So you have a reasonably good idea of how much you can place against your culinary, social and recreational interests. Well, now it is “disposable income, goodbye”!

If you are committed to building your new venture and you are placing all available resources against this goal, then discretionary funds for fun take a hard back seat. When I started my business in Manhattan, in 1999, I chose self-funding at the onset to preserve my ownership stake and to test the market before seeking outside funding. As the business started developing, I committed more and more funds. Within a few months, I had cashed in every account and mutual fund I had set aside over the years to fund operations. And all during this time without any income.

So my daily life changed significantly, in ways I struggled to cope with. Such as coming home at the end of each month and telling my wife: “No, I couldn’t take salary again this time.” After having provided very well in my past life as an employee, this was a rather bitter pill to swallow.

I also recall a conversation with my executive vice president (EVP) of sales and marketing a few years ago. When I hired him initially, he was fresh out of college, without experience and hungry to sell. We had a small team in those days, and they tended to go for lunch at one of the nearby delis in New York. 

They would often ask me to join, and I always politely declined. Now that this young salesman was an executive and had known me for several years, he spoke about the early days of lunches and said at the time that the staff thought I was being elitist in not joining them for lunch. I told him it was not at all the case.

In fact, I would have been happy to, but I could not let myself spend $10 (AED 36) a day on a sandwich when I had no income and was living on credit cards. So from my perspective, it would just be more debt. Clearly, I put a good face on it, since they thought I chose not to eat with them. But internally, I was distraught at not being able to do something my young staff took for granted.

I only point this out as an example of how one’s lifestyle can change in making the move to entrepreneur. Unless you are independently wealthy, things you once took for granted, like joining the beach club or having that expensive dinner, should suddenly be viewed through a new lens. And seldom have I seen a place as lifestyle-oriented as Dubai. Golf, beach clubs, and flashy cars are the expected norm. So preparing yourself mentally for not having the time or money to pursue these Dubai standards will be key.

So where am I going with all of this? I’m certainly not suggesting you forgo your dreams of starting your own business. The rewards are well worth the pain, as I myself discovered. But no great accomplishment comes without great sacrifice. And in the early days, the most profound area you are likely to experience in terms of sacrifice is in lifestyle. Expect to compromise in having the time and the funds to enjoy many things you take for granted currently.

And a parting bit of advice, if I may. Before committing to your new venture, make sure you discuss this at length with your spouse or partner. It’s important to have them on board with the commitments of time and funds that will be required, and the change in lifestyle that comes with it. Because it will be changing their lifestyle as well.

CITATION FROM : ARABIAN BUSINESS - http://goo.gl/9zRm6h

FASHION IN KUWAIT

Over the past many years, fashion in Kuwait had noticed a great variety in wardrobe. The lifestyles of many young Kuwaitis are changing due to Western influences. Nowadays we could see most Kuwaiti men and women wear traditional costumes whose style has changed little over the past centuries.

The fashion in Kuwaiti women is splendid than we ought to believe. Their sense of fashion had been radiant from their traditional attire and also from the western couture. Thy do sometimes stuns us in their fashion outlook apart from the principles they follow.

Talking about the traditional attire, most of them wears a long-sleeved, loose, floor length dress or called Abaya over their clothing underneath.  On religious or festive occasions, they wore it with a sheer, embroidered or sequined dress called a Thobe.  However, for daily outings, they prefer abaya as it is a silky head -to- toe black cloak. A multitude of styles and colors of headscarves, called hejab, are worn by many Muslim women in Kuwait.

Women FAshion

Some Kuwaiti women embrace a fuller face covering called the burqa, which is a short black veil that leaves the eyes and forehead exposed, or a bushiya, which is a semi-transparent veil that covers the entire face.  The same is not followed by all, however who are so fiercely proud of their right to be protected from the gaze of men.

The country's customs, laws and regulations remain closely to Islamic practices and beliefs. Kuwaiti’s attire is based on the Islamic belief of simplicity and modesty. Common sense and caution are being applied in their dressing and conduct.

Kuwaiti women prefer to wear what they like among family and female friends, however they make sure that they dress more modestly in public by maintaining a graceful and elegant look. They choose from the demure styles, the latest designs are worn, regardless of the climate or convenience. According to them, they believe what is said by Prophet Muhammad, that modesty brings nothing but to speech and behavior as well.