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Asmit Dam

Hey I am on Medial • 1y

Can anyone give me idea and an avg budget to startup a brand in fashion sector?

Shaikh Maaz

#business • 12m

Starting a fashion brand requires careful planning and budgeting, which can vary based on the scale and type of brand you're aiming for (e.g., luxury, streetwear, or sustainable fashion). Here’s a general overview of what you need and an estimated budget: 1. Market Research 2. Brand Development 3. Design & Production 4. Sales Channels 5. Marketing & Advertising 6. Logistics 7. Estimated Budget: a. Initial Branding & Legal Setup: ₹50,000 - ₹1,00,000 Includes logo design, registering your business, and setting up a website. b. Design & Sampling: ₹1,00,000 - ₹2,50,000 Includes fabric sourcing, prototyping, and sampling. c. Production Costs: ₹3,00,000 - ₹10,00,000+ Depends on the quantity, quality, and complexity of designs. You can start with a limited collection of 100-200 units. d. Website & E-commerce Setup: ₹50,000 - ₹1,50,000 Covers website design, domain, hosting, and e-commerce platform costs.

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Shaikh Maaz

#business • 12m

e.Marketing & Promotion: ₹1,00,000 - ₹3,00,000+ For social media ads, influencer collaborations, photoshoots, and initial promotion. f. Logistics & Packaging: ₹50,000 - ₹1,00,000+ Warehousing, packaging materials, and shipping costs. Total Estimated Budget: ₹6,00,000 - ₹20,00,000 (depending on the scale and production quality). You can start smaller, focusing on digital marketing, limited collections, or even a print-on-demand model to reduce upfront production costs.

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