Purpose
The purpose is one of the pillars of studying fashion business. Purpose in the fashion industry means while people establish a brand should have its purpose, which can help a brand run in the correct direction. When it comes to creative activities in particular, work cannot have direction or significance unless it serves a purpose. (Ventus, 2022) Ikigai is a module from Japan to help people to find out their purpose from many ways, “purpose can give an object life worth, meaning, or purpose.” (Gaines, 2020) As for the fashion industry, brand philosophy is an ideology for purpose, which includes mission, vision, and values.
First of all, brand philosophy refers to determining the way that a brand works ways, also is a belief for a company. For those brands who are very successful or famous, they all have a common peculiarity which is they know “who they are” very clearly. Also, have a common sense of being obsessed with influencing the way their audience perceives them to be perceived and experienced accordingly. (Stephen Houraghan, 2020) “A well-developed philosophy can become a powerful internal tool that the brand representatives can come together on and get behind.” (Stephen Houraghan, 2020) A brand philosophy usually includes a mission and vision, which represent the concept of a brand. A great and convincing mission can drive a company’s employees to become solidarity, which will support the company’s run in the long term.
Brand philosophy not only is internal but also external to customers. Shaping a unified image of the business can let customers feel being contributed. For example, Patagonia encourages its customers to purchase second-hand. They hope customers can feel participating in apart of saving the planet. (Andrew Weaver, 2022)
Gen Z is the latest generation, which means that communicating with them should be in a new way or the way that they are familiar. Spagnuolo mentioned in McKinsey’s interview that in the past few years, marketing has shifted already, as influencer marketing. The way that Gen Z access information is more from social media such as Instagram and YouTube. Therefore, the necessity of having influencers on YouTube and Instagram is the main way a brand reach Gen Z. (Finneman, Spagnuolo, and Rahilly, 2020) Also, increasing transparency, is one of the methods to connect with Gen Z. “There is an authentic spirit to Gen Z” (Finneman, Spagnuolo and Rahilly, 2020) Rather than a create a screenplay for marketing elaborately, Gen Z prefer authentic. Treat consumers as a friend while selling, not sell for the sake of selling.
Reference list:
Andrew Weaver (2022). Patagonia Encourages Shoppers to Buy Used Gear This Holiday Season. [online] Outside Online. Available at: https://www.outsideonline.com/business-journal/issues/patagonia-buy-less-demand-more-campaign/ [Accessed 29 Oct. 2023].
Finneman, B., Spagnuolo, E. and Rahilly, L. (2020). Meet Generation Z: Shaping the Future of Shopping | McKinsey. [online] McKinsey. Available at: https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/meet-generation-z-shaping-the-future-of-shopping [Accessed 29 Oct. 2023].
Gaines, J. (2020). The Philosophy of Ikigai: 3 Examples About Finding Purpose. [online] PositivePsychology.com. Available at: https://positivepsychology.com/ikigai/ [Accessed 29 Oct. 2023].
Stephen Houraghan (2020). What Is Brand Philosophy? [+How To Find Yours]. [online] Brand Master Academy. Available at: https://brandmasteracademy.com/brand-philosophy/ [Accessed 29 Oct. 2023].
Ventus, G. (2022). Building A Fashion Brand with A Purpose. [online] The Rosenrot | A Collection of Fashion Essays. Available at: https://the-rosenrot.com/building-a-fashion-brand-with-a-purpose/ [Accessed 29 Oct. 2023].