Here's how GOBI manages to achieve this:
Direct Sourcing: GOBI sources its cashmere directly from the herders in Mongolia. By bypassing middlemen, they establish fair and transparent relationships with the herding communities. This not only ensures a sustainable income for the herders but also guarantees that customers get authentic and premium quality cashmere.
Vertical Integration: GOBI follows a vertically integrated approach, meaning they control the entire production process from sourcing to manufacturing and distribution. By owning their factories, they can maintain quality standards and keep production costs in check.
Minimized Markup: Traditional retail involves several levels of markup, each contributing to the final retail price. With GOBI's direct-to-consumer model, unnecessary markups are avoided, allowing the savings to be passed directly to the customer.
Ethical and Sustainable Practices: GOBI places great emphasis on ethical and sustainable practices. Their direct involvement with the herders ensures fair compensation and humane treatment of animals. Furthermore, their vertically integrated approach reduces waste and ensures efficient resource utilization.
Transparency and Customer Trust: GOBI believes in complete transparency, providing customers with insights into their sourcing and manufacturing processes. This level of openness fosters trust and loyalty among customers.