About Garment Marketing

When we talked about garment related any topic, our first question comes in mind is what is garment marketing? In one sentence, we can say that “the persons who specially involved in garments trade”. As we know, market means an open place where people attend to buy or sell any goods. On the other way, market means selling any products of a company to the customers by advertising or presenting by any representative.
Now we can say that, selling any product of a company to the respective buyers by advertising or presenting by any representative in best possible way is called garment marketing. We can say another way, the processes to exchange ownership of goods between buyer and seller. In apparel industry, the main activities of marketing is to create the relationship between the customers and attract new people to the product. Marketing person introduces new product and manufacturer company to the buyers through marketing.
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We can divide marketing into two classes:
  • Marketing is done by advertisements
  • Marketing is done by the person or representative
Marketing person assigns to meet the domestic customers demand and overseas customers demand. Now-a-days demand of marketing is going to be increased day by day. In Bangladesh, there are two ways marketing conducted:
  • Some marketing’s are conducted by buying houses.
  • Some marketing’s are conducted directly by ready-made garment industries.
In ready-made garments, ready-made garments are performed on three following conditions and basis:
  1. FOB (Free on Board)
  2. CFR (Cost & Freight)
  3. CIF (Cost, Insurance & Freight)
In Bangladesh, ready-made garments are our national glory, more than 76% of foreign income are coming from the export of ready-made garments. Ready-made garments of Bangladesh have begun to get place one export list for 1983.

Actually, department of ready-made garments started since 1976. At first garments company received their export order from abroad and faced problem to export the goods. After overcome all the problem, they were able to export the goods. Presently, garments industries purchase their raw materials through back to back L/C against their master L/C. In 1976, bank had no back to back L/C in their system. That’s why after receiving L/C, full raw materials had to purchase in cash, then export the goods abroad as usual. After that, for the purpose of necessity and by pressure of garment owners, government is compelled to introduce back to back L/C.