Are you interested in starting a business in the fashion industry in 2018? Are you looking for the best business ideas and opportunities in the fashion industry? Do you have passion for fashion and style?
There are so many business ideas in the fashion industry that can serve as an avenue for you to make money. So if you’ve been looking for a money-making gig within the fashion industry — here are 5 Simple Ways to Make Money with Fashion in 2018.
1. Become a Personal Stylist
Do people always rave about your outfits? Then perhaps you should launch your own home-based personal stylist business. Just gather small groups of women in your home and demonstrate and teach them how to combine accessories with outfits, how to dress for their body type, or how to dress for success on a budget. In fact, Jill Martinelli not only has her own personal stylist business, but she also teaches others how to do the same.
Don’t want to mess with a business plan and all the logistics of setting up a business? Consider working as a Stitch Fix Stylist. Stitch Fix is an online fashion subscription site that hires virtual stylists to curate fashion solutions for clients. The only requirements needed: You must love fashion and have the ability to work between 15 – 29 hours each week.
2. Create Your Own Designs
Are you a whiz with a sewing machine? Do you love making hand-stamped jewelry? Then consider selling your own designs online. Third party platforms like Etsy, allow you to setup shop for virtually free. Listings on the popular site are just 0.20 cents for a 4 month time period or until the item sells. Once you make a sale, Etsy collects a 3.5% fee from the sale and you’re paid via direct deposit.
3. Direct Sales Consultant
Would you love to own your own fashion boutique, but don’t have the funds to invest in a brick and mortar storefront? No problem. The direct sales industry has made it easier than ever to have your very own home-based fashion business.
Companies like the CAbi, fibi & clo, and Stella & Dot offer home-based business opportunities selling products like clothes, shoes, jewelry, handbags, and accessories. As a direct sales consultant you will be paid a commission on each product that you sell. Most direct sales companies will also pay you a small bonus commission from consultants who you refer into the program.
4. Fashion Blogger
Do you enjoy writing? Do you love to sharing fashion tips and trends? Then consider a career as a fashion blogger. As a blogger you’ll be researching, writing, editing, reviewing, and taking photos for blog posts, so that you can publish awesome content online. The more awesome your content, the more eyes on your blog, and the more money in your pocket.
As a blogger you can make money in a variety of ways: Direct ad sales, affiliate marketing, ad networks, corporate sponsorships, brand ambassadorships, sponsored blog posts, holiday gift guides, coaching, selling products, informational programs, e-books, freelance writ ing and more! How much you earn will depend greatly on your determination and mindset.
5. YouTube Vlogger
Along the same lines as fashion blogging is YouTube video blogging or “vlogging”. The popularity of vloggers is growing at an insanely rapid pace, and there are tons of possibilities for the kinds of videos you can make. You could focus on make-up tutorials, fashion reviews, DIY projects,or anything else you’re passionate about. All you need to get started is internet access, a video camera, and a YouTube account!
Once you get a solid amount of YouTube subscriptions, you can apply to be a YouTube partner and start earning money off your videos through advertisements. Similar to fashion blogging, the only way to be successful as a vlogger is to stay consistent and update regularly. If you have a couple of hours to make a video every week, vlogging could be a great option to do something fun and creative while making some money on the side.
I want to re-emphasize the fact that the fashion is a lucrative, yet competitive industry. But that does not mean a new entrant can’t breakeven. However, like every other business, your level of passion, creativity and hard work are crucial factors that will determine if you will succeed of fail.