Nonye Yomi-Akinyemi, the successful CEO of Laviva Bridals, recently offered essential advice to aspiring entrepreneurs seeking to venture into the bridal retail industry. With over 12 years of experience in the business, Yomi-Akinyemi’s insights hold significant value for those looking to follow in her footsteps.
The bridal retail market is renowned for its competitiveness, and Yomi-Akinyemi stressed the importance of thorough research before launching a new venture. Understanding the niche market and identifying the needs and preferences of the target audience are crucial steps in building a successful bridal retail business.
A key point highlighted by Yomi-Akinyemi is the necessity of having a unique value proposition to stand out in the saturated market. Without a distinct offering, a bridal retailer might struggle to differentiate itself from the competition and risk becoming just another store.
Moreover, the CEO emphasized the benefits of seeking guidance from experienced mentors, especially during the early stages of the business. A knowledgeable mentor can provide valuable insights, share industry expertise, and help navigate potential challenges, thereby increasing the chances of success.
Discussing Laviva Bridals’ offerings, Yomi-Akinyemi proudly shared their mission of helping brides create their dream bridal look through a world-class rental service for wedding dresses and accessories. Laviva Bridals has successfully served 2500 brides under their rental service alone, spanning across Nigeria and neighboring countries, by providing brides access to their dream wedding dresses at a fraction of the cost price.
One of the key differentiators for Laviva Bridals is the wide range of dresses they offer, ensuring that every bride can find her perfect match. With a decade-long experience in the bridal industry, the company is committed to providing the best bridal experience for every bride, making their special day unforgettable.
Nonye Yomi-Akinyemi’s advice serves as a guiding light for aspiring bridal entrepreneurs, encouraging them to pursue their dreams with a well-researched business plan, a unique selling proposition, and the guidance of a seasoned mentor. By following these principles, entrepreneurs can increase their chances of achieving success in the competitive bridal retail market, as demonstrated by Laviva Bridals’ notable achievements.
Nonye was among the prominent business figures who attended the recent gathering sensation called TourLa: Lagos Business Tour With Ediale Kingsley. The event brought together top business minds to share insights, network, and engage with the media.