Time-to-Market
What is Time-to-Market?
Time-to-market (TTM) refers to the duration it takes to develop, prepare, and launch a product from concept to availability for customers. Also called product launch time or speed-to-market, it is a critical factor in staying competitive, especially in fast-moving industries like fashion.
How Automation Speeds Up Product Launches:
Using AI and automation can streamline processes such as catalog updates, product tagging, content creation, and inventory management. By reducing manual tasks, retailers can accelerate go-to-market strategies and ensure timely product rollouts.
Time-to-Market in Fashion eCommerce
- Automate product data creation to reduce launch delays.
- Use AI-driven tools to standardize metadata and attributes across platforms.
- Integrate with marketplaces and PIM systems for seamless cross-channel launches.
- Monitor time-to-market benchmarks to identify and optimize bottlenecks.
Why Time-to-Market Matters?
- Faster product launches increase revenue opportunities during peak seasons.
- Supports agile response to market trends and consumer demand.
- Enhances operational efficiency and reduces the risk of missed sales.
- Improves competitive positioning in a rapidly changing retail landscape.