Yes!poho: A Rising Star in the Saree Market
By Ankita Thakur December 20, 2023
In the dynamic landscape of the saree market, Yes!poho has emerged as a formidable player, capturing the essence of traditional wear with a modern twist. While specific sales figures remain undisclosed, the brand''s strategic approach and unique positioning in the direct-to-consumer (D2C) segment suggest a promising trajectory.
Yes!poho foray into the saree market comes at a time when the demand for traditional attire is undergoing a shift, especially among the younger demographic. The brand distinguishes itself by targeting this audience, curating sarees that seamlessly blend cultural richness with contemporary aesthetics.
The success of established players in the saree industry, such as Nalli, Pothys, RS Brothers, and others, underscores the vast potential within this market. Yes!poho, with its D2C model, capitalises on the evolving preferences of consumers, offering a personalised and convenient shopping experience. With over 11,000 artisans across PAN india registered on its platform, Yes!poho is one of the largest social-commerce digital platform in this industry,
While Yes!poho annual saree sales figures are not publicly disclosed, the firm has seen double digit growth since inception as the brand''s emphasis is on the younger population; and festive occasions align with the broader trends in the market. Festivals and weddings contribute significantly to saree sales, and Yes!poho''s focus on these aspects positions it strategically to tap into these lucrative segments.
The emergence of D2C brands like Yes!poho reflects a broader trend in the retail landscape, where direct engagement with consumers and agility in adapting to changing preferences are key drivers of success. The brand''s commitment to providing a modern touch to traditional wear indicates an understanding of the evolving dynamics in the fashion industry.
As the saree market continues to grow, with an estimated worth ranging from USD 5 billion to potentially exceeding USD 15 billion, Yes!poho stands as a testament to the resilience and adaptability of this timeless garment. While specific sales data would provide a more comprehensive picture, the brand''s presence and its double digit growth in this competitive space signifies its potential to make a lasting impact.
In the end, Yes!poho journey in the saree market represents a captivating chapter in the industry''s narrative. As the brand navigates the ever-changing landscape, its commitment to innovation and understanding the pulse of the consumer market positions it as a rising star with the potential to leave an indelible mark on the world of traditional Indian fashion.