This is the Wei

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Marketing Strategy & Business Development

This is the Wei: you use Instagram as your storefront

As a new consumer brand, you probably relied on Facebook and Instagram for your initial phase of organic growth. You might even have celebrated when traffic to your website soared with your first advertising campaign. Those days are over. Mass Read more…

By Wei Ng, 6 yearsJune 18, 2019 ago
Marketing Strategy & Business Development

By the Wei: Ira Neimark

We lost a giant in American retail this week when Ira Neimark died. The man championed American designers as household names and opened up the world’s largest market to hitherto unfamiliar European brands like Fendi. He also gave generously of Read more…

By Wei Ng, 6 yearsApril 29, 2019 ago
Sourcing & Vendor Management

This is the Wei: you trim your costs

Like most emerging brands, I imagine you struggle to compete on price with established brands. If you distribute through wholesale, this problem is compounded by your retailer’s markup needs. Significant cost savings might be staring you in the face. To Read more…

By admin, 6 yearsFebruary 4, 2019 ago
Marketing Strategy & Business Development

This is the Wei: you adapt

The New York Times’s recent article on the Realreal’s brought home the fact that today’s consumer cares less about owning things than previous generations – and new retailers like you are ready to capitalize on that. As an emerging brand, Read more…

By admin, 6 yearsJanuary 24, 2019 ago
Marketing Strategy & Business Development

This is the Wei: you look at your price.

Like many retailers, you probably committed the magic ratio of 2.5 to memory. That is the classic markup retailers typically use to determine their initial ticket retail. Companies will often go to extraordinary lengths to ensure that their products meet Read more…

By admin, 7 years ago

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