We took a dive into the data that we aggregated from some of the most popular fashion retailers to gather some insights from the world of fashion. Here are some of the interesting findings.
11. MOST BRANDS ARE
FOCUSING ON A MAXIMUM
OF 3 CATEGORIES.
OLD NAVY HAS THE LARGEST
INVENTORY OF FASHION
PRODUCTS.
#4
12.
13. POLYESTER AND COTTON ARE
THE MOST COMMON
MATERIALS USED IN FASHION
PRODUCTS AND WOOL IS THE
LEAST USED MATERIAL.
#5
14.
15. RETAILERS WITH LIMITED
INVENTORY HAVE EXPENSIVE
PRODUCTS WHILE THE ONES
WITH MORE INVENTORY TEND
TO HAVE LOW-PRICED
PRODUCTS.
#6
16.
17. THE MOST COMMON PRICE
FOR A FASHION PRODUCT IS
$29.95. WE FOUND MORE
THAN 4000 PRODUCTS
AVAILABLE AT THIS PRICE.
#7
18. PEOPLE WHO BUY SIZE
MEDIUM WILL HAVE A WIDE
VARIETY OF PRODUCTS TO
CHOOSE FROM AS THE
INVENTORY IN THIS SIZE IS
SIGNIFICANTLY HIGHER THAN
THE OTHERS.
#8
19.
20. Fashion retailers, e-commerce portals and data
enthusiasts have a lot more to uncover using data
extracted from fashion portals as it could improve their
bottom lines, provide competitive intelligence and help
them predict future fashion trends among countless other
use cases.