Nothing is more frustrating than construction gone bad. And suppose you've ever worked on a construction site. In that case, you can easily imagine how much money gets wasted every year — from inefficiency, site safety threats that may never get reported, and materials not purchased at the right time. This can happen to even the best project managers, but with the right tools and techniques, construction contractors can stay...

eCommerce is not only about selling online. It's about selling things and experiences to customers at the most strategic point possible. eCommerce business models management focuses on developing strategies that take full advantage of your industry's opportunities, risks, and constraints. We have analyzed the business to business, consumer to business, business to consumer, consumer to consumer, consumer to government, and consumer to consumer business models and explained how to run...

What Is Price Segmentation? Price segmentation is one of the pricing strategies a company can deploy to maximize its revenue. This strategy involves charging groups of customers different prices for a similar product or service, often based purely on a customer’s willingness to pay a higher price for the same product or service. It’s a popular strategy with fashion eCommerce companies. They may charge more for a pair of long leather...

One of the most challenging projects any organization can take on is building construction. Total cost is associated with each aspect of the process, from the design phase to construction, completion, and occupation. In an attempt to reduce construction cost in all of those areas, we examine different ways to reduce construction costs. Consider Material Alternatives One way to reduce construction cost on your next project is by considering material alternatives....

From the inception of Satoshi Nakamoto's Bitcoin protocol to the birth of the Amazon coin and the creation of Defi systems, the world has seen a massive surge in blockchain technology adoption. The global landscape is now dominated by private and public blockchains, dominating all verticals of traditional industries, including Banking & Finance, Supply Chain Management, Social Media Industries, etc. This guide will dive in deep to give you a...

Are you active in the fashion industry as an apparel company? That’s great!  However, as you already know, the clothing industry is highly competitive, with an estimated worth of 1.9 trillion US dollars.  The most prominent apparel market, by far, is the United States and some of the highest-earning clothing brands include famous houses, such as: Old Navy Victoria’s Secret Gap American Eagle Outfitters Coach  So, how can you successfully compete with...

Internal and external factors in Swot Analysis in the fashion industry Swot Analysis is a tool used by business managers to set the best strategy for the business. Swot stands for Strengths, Weaknesses, opportunities, and threats. So, the four components of SWOT analysis are further divided into two; Internal and external. Conducting the SWOT Analysis in Fashion Industry can be a tough task for many businesses; however, the Epiprodux tool...

As a business, you are already familiar with the concept of customer segmentation. Customer segmentation means splitting your target market into definable, accessible, and profitable parts to tailor your product or pricing according to segmentation variables like their unique needs, desires, and willingness to pay. Segmenting your customers without conducting a customer segmentation analysis is ineffective. You need to regularly analyze your customer’s segmentation to optimize and focus on the...