LABEL December 2013 | Page 8

LABEL Issue III Did you encounter any hindrance while starting your venture? What challenges do you face in sustaining your business? None in particular, because I had spent considerable amount of time doing research and homework. Just the usual anxiety whether it will do well, what if I don’t recover my costs, etc. But planning in advance helps overcome all these doubts. Now, over the time I have developed a strong and loyal customer base and hence sustaining is not the prime issue I face. Are you into E-Retailing or you own a retail outlet? What is your entrepreneurs? message for budding I had read this somewhere and it is glued in capital letters in my head 'Whether you think you can, or you think you can't-you're right.' – Henry Ford. To know more about Allette Fashion visit facebook.com/fashionatallette and keep shopping ;) Here are images of some of her products: It is a virtual store on Facebook and there is no retail outlet as of now. How do you promote your products? Throw some light on your presence in social and digital media. Since I operate only via Facebook, Facebook Ads are of great help in promoting the page. Tie ups with already established e-commerce websites really helps in boosting sales. Distributing hand-outs with newspapers is another useful medium for effective marketing. Who are your key competitors? How do you tackle competition? There are a lot of similar ventures which do pose a threat, but offering competitive prices, good quality and customer service is the mantra to tackle them. Where do you see your business five years down the line? Do you have any plan to expand or diversify your business? Certainly I hope my business continues to grow and I can continue to accessorize women of all ages, cultures, and life styles. This is my passion and I would love to diversify into bags and clothing with time. 7|Page