Fashion is a 1.2 trillion dollar global industry, with more than 250 dollars spent annually on fashion in the United States, according to industry analysts. With that being said, fashion labels need to be reaching audiences of all incomes across their social media platforms. Fashion will always be important and present in society, it is how the designers work to make their mark in the social media field that will help get their name out and respected while still being an affordable product.
Value-seekers who do not want to sacrifice style in the equation, are shopping at fast-fashion chains such as H&M, Forever 21 and even Target. The reality is that these cheap-chic brands are picking up more shoppers and have more traction. Not only does their high-quality for low-price ratio keep buyers happy, but also their constant engagement on social media. With Twitter and Instagram at the top of the charts for all three fashion lines, followers have said that posting online links and coupon codes on the brands social media accounts makes them eager to check out the latest trends. Frequent buyers have also stated that when they are notified about an upcoming sale on either Twitter or Instagram, they are more likely to purchase clothing right away.
Nowadays, why purchase one shirt for 50 dollars at a high-fashion store when you can buy a pair of business casual pants, a nice blouse and ballet flats at H&M all for the same total price? It’s all about shopping the looks for less! The media, such as a number of fashion blogs, are constantly offering suggestions for discount and imitation products that are very similar to designer brands, but half the cost. While this is good for average income and lower income consumers, high-fashion designers are losing money on their products and losing their importance in our society.
By: Shannon Quinlan