Yes, Competition is a great form of validation. Take a close look at what others are doing in your space, what are they doing well? What could improve? Those are your cues. Now make it better. Don’t forget to brand yourself in a unique way that separates you from the competition.
Develop a sales strategy.
1. What Stores do you want to be in? Where are your competitors selling?
2. Are you at the right price point?
3. Get your sales materials together, lookbook, linelist
4. Develop a strong brand
5. Get ready to hit the pavement hard and stay persistant View Answer on Quora
very general question.
In fashion you should expect that the wholesale price when marked up by 2 or 2.5 is still competitive in your market. On the backend you always want to ensure that you are able to produce at the lowest possible price while still maintaining ethical practices. View Answer on Quora
Just a couple more to add.
Picking, Packing, Delivery. Shipping costs etc.
Communication. Proper return policies-what happens when they don’t like it?
Site maintenance- load time- bandwidth
Digital marketing- how are you driving traffic?
How are you increasing CLV? Customer lifetime value. View Answer on Quora