b p lan for kids wear

67
TATA CAPITAL MARKETING STRATEGY PROJECT A Presentation TO IDENTIFY THE MARKET FEASIBILITY OF A NEW KIDSWEAR BRAND STALW ARTS

Upload: romil-shukla

Post on 22-Nov-2014

2.654 views

Category:

Business


0 download

DESCRIPTION

Proper planning for the kids wear new entrant

TRANSCRIPT

Page 1: B p lan for kids wear

TATA CAPITAL MARKETING STRATEGY

PROJECT

A Presentation

TO IDENTIFY THE MARKET FEASIBILITY OF A NEW

KIDSWEAR BRAND

STALWART

S

Page 2: B p lan for kids wear

AGENDA

Introduction Branding & Positioning Distribution Strategies Communication and customer engagement

strategy Merchandising Strategy

Page 3: B p lan for kids wear

COMPETITORS

Page 4: B p lan for kids wear

INTRODUCTION

Page 5: B p lan for kids wear

INDUSTRY OVERVIEW Market for kids apparel is the fastest growing

industry in the india ~ 17% in 2009 Top ten global markets - US$131.5billion A huge volume of kids apparel in India is being

dominated by local and unorganized players.

Kids

Organized12 %

Unorganized88%

Page 6: B p lan for kids wear

MARKET SIZE AND GROWTH

Technopark Apparel Report, 2009

•The volume of market share of kids apparels in the total apparel market is at 24.9%, as against a 15% share in 2005

•Urban kids apparel market comprises about 60% of the total kidswear market.

•30% of the country’s population is below 15 years of age.

25%

35%

40%

Market Share

Kidswear WomenswearMenswear

Page 7: B p lan for kids wear

Total kidswear market in India is currently valued at approximately Rs 38,000

This segment, which is split into ‘kidswear’ and' school uniforms’ is expected to reach Rs 58,000 crore by 2014

Industry players further predict that the market is set to grow by 12% annually and reach its peak by 2012

Technopark Apparel Report, 2009

MARKET SIZE AND GROWTH

Page 8: B p lan for kids wear

The average annual expenditure on kidswear is approximately Rs. 3, 857.

Cotton is the most preferred material due to its non-allergic, comfortable, and easy caring virtues

Fibre2Fashion Apparel Report, 2009

MARKET SIZE AND GROWTH

Page 9: B p lan for kids wear

FINDINGS OF THE SURVEYRetailers Survey

Page 10: B p lan for kids wear

AREA OF SURVEY

FC ROAD JM ROAD KOTHRUD KARVE NAGAR

6

2

29

10

Page 11: B p lan for kids wear

CUSTOMER PREFERENCE TO BUY A PARTICULAR BRAND

Affordable Designs which customer wants

Popular brands Fitting

23

16

7

1

Page 12: B p lan for kids wear

BUYING DECISION 0-2 YEARS

mother father child NA

44

20 1

Page 13: B p lan for kids wear

BUYING DECISION 3-8 YEARS

mother father child na

35

64

2

Page 14: B p lan for kids wear

BUYING DECISION 9-12 YEARS

mother father child

79

31

Page 15: B p lan for kids wear

BUYING DECISION 13-16 YEARS

mother father child

3 2

42

Page 16: B p lan for kids wear

WILLINGNESS TO PAY PREMIUM FOR THE BRAND

47%

53%

Yes No

Page 17: B p lan for kids wear

ANY SPECIFIC BRAND DEMANDED BY CUSTOMERS?

Always Sometimes Never Often Others

7

17 17

4

2

Page 18: B p lan for kids wear

FINDINGS OF THE SURVEYCustomer Survey

Page 19: B p lan for kids wear

AGE DISTRIBUTION

<2 3--5 6--8 9--12 13-16

16

31

2826

15

Page 20: B p lan for kids wear

GENDER DISTRIBUTION

47%

53%

FEMALE MALE

Page 21: B p lan for kids wear

BRAND PREFERENCE

Always never Often Sometimes

17 18

32

49

Page 22: B p lan for kids wear

CHOICE OF BRAND

OPEN TO MULTIPLE BRANS

OPEN TO BUYING EITHER BRNDED OR

UNBRANDED

PARTICULAR ABOUT BRAND

BLANK

47

53

14

3

Page 23: B p lan for kids wear

NOT ALL

IMPO

RTANT

SOMEW

HAT IM

PORTA

NT

VERY

IMPO

RTANT

MOST IM

PORTA

NT

BLANK

9

3751

136

PRICE

NOT ALL

IMPO

RTANT

SOMEW

HAT IM

PORTA

NT

VERY

IMPO

RTANT

MOST IM

PORTA

NT

BLANK

013

68

35

0

LOOK, STYLE, FEEL

NOT ALL

IMPO

RTANT

SOMEW

HAT IM

PORTA

NT

VERY

IMPO

RTANT

MOST IM

PORTA

NT

BLANK

26

4532

103

AVAILABILITY AT YOUR FAVORITE STORE

32

51

25

4 4

PRESUURE FROM CHILD

Page 24: B p lan for kids wear

BRANDING & POSITIONING

Page 25: B p lan for kids wear

Celebrate the joy of being young…

Page 26: B p lan for kids wear

BRANDING AND POSITIONING

Represent people of all shapes and sizes in the world.

Tender and soft. Grow everywhere or so it seems and are very

adaptable. Spring up everywhere overnight that is grow

and spread very fast.

Page 27: B p lan for kids wear

LOGO Blue conveys importance and confidence. Blue is also seen as trustworthy, dependable

and committed. Brown says stability, reliability, and

approachability. It is the color of our earth and is associated with all things natural or organic.

Page 28: B p lan for kids wear

TAGLINE

Celebrate the joy of being young…

We give young ones reason to celebrate. Making it joyful through an amazing shopping

experience.

Page 29: B p lan for kids wear

KIDSWEAR MARKET SEGMENTATION:

The market for kids wear is classified as follows: Infants (0 - 6 months) Toddlers (7 months - 2 years) Kids (3 - 8 Years) Pre-teens (9 - 12 Years) Teens (13-19 years)

Page 30: B p lan for kids wear

TARGET MARKET SEGMENT

Geographic: East, West, North and South starting from Pune

Demographic: Age: 3-14 years   Gender: Male and Female.

Psychographic: SEC: B/ C comprising of middle class and upper middle

class.

Behavioural: People who are trendy, fashionable, wants best and latest

in kids wear but price sensitive.

Page 31: B p lan for kids wear

POSITIONING STATEMENT

We position our self as a mid market and mass market kids wear brand for the customers who seek value for money in every purchase they make that is a high benefit to cost ratio.

We provide a ladder to those people who are eager to switch from lower segment to medium segment products of superior quality but at affordable price range.

Page 32: B p lan for kids wear

Low

Low HighMedium

High

Medium

QU

ALI

TY

PRICE

Mushrooms

POSITIONING MAP

Page 33: B p lan for kids wear

Our garments maintain shape and colour after multiple washes.

AZO free finish for environment friendliness. We try to make our quality services and products

available to everyone who desire to experience the privilege.  Accessories “Mushrooms My space”.  

UNIQUE SELLING PROPOSITION

Page 34: B p lan for kids wear

Our store and collection concept gels well with the modernistic “cheerful, trendy, independent, creative, colorful children characters”.

We diligently select the designs that determine the world trends in line with the needs and demands of ages 3-14. 

For best occasions or a day of creative play, we let parents and children fluently create the perfect outfit for any style, any reason at affordable prices.

UNIQUE SELLING PROPOSITION

Page 35: B p lan for kids wear
Page 36: B p lan for kids wear

COMPETITOR ANALYSIS

COMPETITOR BRAND TARGET GROUP PRICE RANGE POSITIONING

SHOPPERS STOP 0-16 years Rs 299- Rs 5000 Middle and premium

segment

LILLIPUT 0-11 Years Rs 349- Rs 1799 Middle and premium

segment

RUFF KIDS 4-16 Years Rs 600 onwards Premium segment

ZAPP (RAYMONDS) 0-11 Years Rs 299- Rs 1399 Middle and premium

segment

CATMOSS 0-16 Years Rs 345 onwards Middle and premium

segment

GINI & JONY 0-16 Years Rs 600- Rs 2500+ Premium segment

UNITED COLOURS OF

BENETTON

1-12 Years Rs 999- Rs 3999 Premium segment

WEEKENDER 2-12 Years Rs 349- Rs 1799 Middle and Premium

segment

Page 37: B p lan for kids wear

PRICING STRATEGIESBRAND PRODUCT RANGE PRICE RANGE PRODUCT CLASS SIZES AVAILABLE

MUSHROOMS

Girls

Tops 249-999 Regular, occasional, party

wear

XS/S/M/L/XL/XXL

Skirts 249-999 Regular, occasional, party

wear

XS/S/M/L/XL/XXL

Frocks 249-999 Regular, occasional, party

wear

XS/S/M/L/XL/XXL

Capris 299-799 Regular XS/S/M/L/XL/XXL

Cotton Trousers 349-799 Regular S/M/L/XL/XXL

Denim Jeans 699-999 Denims S/M/L/XL/XXL

MUSHROOMS

Boys

T-Shirts 249-699 Regular, Occasional XS/S/M/L/XL/XXL

Shirts 249-999 Regular, occasional, party

wear

XS/S/M/L/XL/XXL

Cotton trousers 499-799 Regular S/M/L/XL/XXL

Denim jeans 699-999 Denims S/M/L/XL/XXL

Capris 299-799 Regular XS/S/M/L/XL/XXL

Page 38: B p lan for kids wear

DISTRIBUTION STRATEGIES

Page 39: B p lan for kids wear

EXCLUSIVE BRAND OUTLETS (EBO)

Mushroom distributers, our subsidiary manages all our EBO.

S. No. Zone No. Of EBO’s

1 North 2

2 South 3

3 West 3

4 East 2

5 Central 1

Total 11

Page 40: B p lan for kids wear

MULTI BRAND OUTLETS (MBO)

MBO are stores that house apparels from multiple brands.

S. No. Zone No. Of

Distributors

No. Of MBO’s

1 North 2 6

2 South 3 9

3 West 3 6

4 East 2 4

5 Central 1 2

Total 10 27

Page 41: B p lan for kids wear

SHOP-IN-SHOPS (SIS)

These stores are located in large format stores

S. No. Zone No. Of SIS’s

1 North 8

2 South 12

3 West 12

4 East 8

5 Central 4

Total 44

Page 42: B p lan for kids wear

OVERALL

We also intend to Open more EBO’s and Factory second Outlets.

North South West East Central Total

EBO’s 2 3 3 2 1 11

MBO’s 6 9 6 4 2 27

SIS’s 8 12 12 8 4 44

Total 16 24 21 14 7 82

Page 43: B p lan for kids wear

TARGET CITIES

North Delhi NCR Chandigarh

East Kolkata Bhubaneswar

Central Indore

South Bangalore Chennai Hyderabad

West Mumbai , Pune Ahmadabad.

Page 44: B p lan for kids wear

WarehouseNasikBhubaneswa

rLudhianaChennai

Procurement CentreLudhianaCoimbatore

Page 45: B p lan for kids wear

NETWORK

Procurement Centre

Warehouse

Target Cities

Page 46: B p lan for kids wear

CHANNEL PROMOTIONAL SCHEME EBO - Sales Person Promotions

Earning per months

Value Achievement

100-120%120%> &&

<150%>150%

Fixed :9000

Commision:50 INR per

500 INR Sale

Fixed : 2500

Commision:7

5 INR per

500 INR Sale

Fixed :3000

Commision:125 INR per 500

INR Sale

Page 47: B p lan for kids wear

MBO/SIS Promotion

Page 48: B p lan for kids wear

MERCHANDISING STRATEGY

Page 49: B p lan for kids wear

Merchandise Procurement

Type of Buying

• Centralized

Types of Sources

• Regional

Source Selection

• First time supplier• Small order to see performance – evaluation – bulk

order

Page 53: B p lan for kids wear

MODEL STOCK PLAN

Page 54: B p lan for kids wear

COMMUNICATION & CUSTOMER ENGAGEMENT STRATEGY

Page 55: B p lan for kids wear

ADVERTISING MESSAGE - APPEAL

Objective: Break through the clutter

Wide Range of colors/designs

Customization based on need/choice

Page 56: B p lan for kids wear

ADVERTISING MESSAGE VALUE PROPOSITION STATEMENT

Our brand aims to infuse a sense of excitement and touch the hearts of children between 3 and 14 years of age by providing high quality apparels at a reasonable price.

Emotional Benefits• Excitement• Joy• Happiness• Aesthetic

Pleasure

Rational Benefits• Value For

Money• High Quality

Page 57: B p lan for kids wear

CREATING BUZZ – MARKETING CAMPAIGN

Teaser Campaign

Humannequins

SMS Campaign

Page 58: B p lan for kids wear

MEDIA PLAN

MediaPrint

Hoardings

TV

Page 59: B p lan for kids wear

PRINT MEDIA

First Week & Second Week

Market Edition Ad type W H Size Rate Cost

Mumbai Mumbai Times Page 2/half 32.9 25 823 619 509437

DELHI Delhi Times Page 2/half 32.9 25 823 477 392571

Bangalore Bangalore Times Page 2/half 32.9 25 823 428 352244

Pune Pune Times Page 2/half 32.9 25 823 430 353890

Ahmedabad Ahmedabad Times Page 2/half 32.9 25 823 60 49380

Nashik Nashik Times Page 2/half 32.9 25 823 39 32097

Nagpur Nagpur Times Page 2/half 32.9 25 823 55 45265

Chandigarh Chandigarh Times Page 2/half 32.9 25 823 30 24690

BhubaneshwarBhubaneshwar

Times Page 2/half 32.9 25 823 27 22221

Chennai Chennai Times Page 2/half 32.9 25 823 100 82300

Total 1864095

Page 60: B p lan for kids wear

Third Week & Fourth Week

Market Edition Ad type W H Size Rate Cost

Mumbai Mumbai Times Page 2/half 32.9 25 410 619 253790

DELHI Delhi Times Page 2/half 32.9 25 410 477 195570

Bangalore Bangalore Times Page 2/half 32.9 25 410 428 175480

Pune Pune Times Page 2/half 32.9 25 410 430 176300

AhmedabadAhmedabad

Times Page 2/half 32.9 25 410 60 24600

Nashik Nashik Times Page 2/half 32.9 25 410 39 15990

Nagpur Nagpur Times Page 2/half 32.9 25 410 55 22550

ChandigarhChandigarh

Times Page 2/half 32.9 25 410 30 12300

BhubaneshwarBhubaneshwar

Times Page 2/half 32.9 25 410 27 11070

Chennai Chennai Times Page 2/half 32.9 25 410 100 41000

Total 928650

PRINT MEDIA

Page 61: B p lan for kids wear

HOARDINGS & TV

Hoardings 5 hoardings in 10 cities for a month

Cost per hoarding = Rs 1,00,000

Total Cost = Rs 10,00,000

TV60 Spots of 10 seconds for a month

Saregama Lil’ Champs, Boogie Woogie & Cartoon Channels

Cost per Spot : Rs 3,00,000

Estimated Cost: Rs 18,00,000

Page 62: B p lan for kids wear

IN STORE DISPLAYS/VISUAL MERCHANDIZING

EBOs Graffiti on walls Trial Rooms in shape of a

mushroom Day Care Centre

Monkey climb Mini swing Sloping ladder Set of Mini Games

• MBOs/SHOP IN SHOPS– Hangers to be

made in shape of different animals, boys and girls

– Posters for kids– Mascot at the

entrance

Page 63: B p lan for kids wear

VISUAL MERCHANDIZING

Attractive Window display In store Communication 4 Way Racks/ Shelf Display Child Mannequins

Toys, fancy colors, stylish wardrobe Colors and lights to be used of different kinds

Page 64: B p lan for kids wear

DIRECT & TARGET MARKETING STRATEGY

Partnerships with Nurseries, Primary and Secondary Schools for events

Partnering with Reality shows for kids Channels

Cartoon Network Nickelodeon Pogo Disney

Page 65: B p lan for kids wear

CRM INITIATIVES Kids of the Week Contest

Photo of kid to be put on the website Gift hamper for kid

User friendly Website Cool Zone for kids Contests Grievances/Suggestions

Customer Information Database New schemes & offers Birthday Wishes

Loyalty Programs Cool Membership Card Point based program

Page 66: B p lan for kids wear

Questions

Page 67: B p lan for kids wear

THANK YOU

BY – TEAM STALWARTS