Thesis Final Report
Thesis Final Report
Department of Business
Submitted by
Supervised by
Summer- 2021
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Letter of Transmittal
25 August, 2021
Ms. Tina Umnia Hussain
Associate Professor
Department of Business
Presidency University, Bangladesh
Dear Sir,
I have prepared my project report on the topic of “Marketing Strategy of ATS Apparel
Ltd” under your kind supervision as a requirement of completing the degree of MBA
program. I have tried my best to prepare the report in consistence with the optimal
standard under your valuable direction.
I made every effort to reveal greater insight in this report. I hope that this will meet
the standard of your judgment.
Thanking you for your kind supervision.
Sincerely yours
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Acknowledgements
It was a great pleasure to prepare project report on the “Marketing Strategies of ATS
apparel Ltd”. I would like to thank and convey my gratitude to honorable Supervisor,
MS. Tina Umnia Hussain, Department of Business, Presidency University, for letting
me to prepare this report and I would also like to express my sincere appreciation to
her for his whole hearted support and guidance.
I'm additionally extraordinarily grateful to the all officers of ATS Apparel Limited,
Gazipur, Dhaka are working who have sacrificed their precious time in presenting me
essential statistics and made designated clarification which has contributed to the
planning of this record. It'll be actually injustice if I do no longer thanks to them
because without their cooperation we can't do anything.
I'm also thankful to my family for their continuous all types of supports for the
duration of the making ready document.
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Table Of Contents
Executive Summary ………………………………………………………………………………………………………………………………. 1
Chapter-1 (Introduction) ……………………………………………………………………………………………….……………………… 2
1.0 Introduction ……………………………………………………………………………………………….………………………………….. 3
1.1 Origin ……………………………………………………………………………………………………………………………………………….. 3
1.2 Purpose …………………………………………………………………………………………………………………………………………… 3
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2.3.7 Competitive Marketing Strategy ……………………………………………………………………………………. 13
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Executive Summary
The marketing department is the most vital section of the export-oriented business. It
will increase the chance of entrepreneurship improvement in the garment sector. On
the different hand, it helps unemployed humans as properly as the authorities to
dispose of unemployment trouble and additionally play a necessary function in the
monetary improvement of the country.
In my file, I tried to cowl the brief marketing activities of ATS Apparel Ltd. It
additionally consists of obligations of a trainee officer, my pastime and the issues I
confronted and some recommendation.
Through the report, I have centered on the existing advertising things to do of ATS
Apparel Ltd magnitude of their position for smooth, environment-friendly, and
advantageous advertising techniques of garment products overseas. The realistic
expertise of work I have executed from ATS Apparel Ltd has furnished me the base
of my investigation. A lot of troubles are scattered all over in the marketing manner of
garment merchandise to unique countries. As a officer in the ATS Apparel Ltd I have
located the problems, which it is going through in, it’s all over the marketing process.
As a clean achiever of expertise, I have tried to look at the troubles of export garment
merchandise from its floor to the backside and tried to discover out the feasible
solutions.
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1.0 Introduction
The piece of clothing industry is by a wide margin the nation's most significant
maker, procuring around $5 billion yearly and representing around 66% everything
being equal. Today the clothing send out segment is a multi-billion-dollar assembling
and fare industry in the nation. The general effect of the readymade article of clothing
sends out is absolutely one of the most noteworthy social and financial
advancements in contemporary Bangladesh. With more than one and more than 10
million specialists utilized in semi-gifted and talented occupations creating dress for
trades, the improvement of the clothing send out industry has had sweeping
ramifications for the general public and economy of Bangladesh. Bangladesh has
around 4,500 piece of clothing processing plants with up to 10 million vocations
subject to it straightforwardly or in a roundabout way. Around 80 percent of piece of
clothing laborers are ladies. The Ready Made Garments area has more potential
than some other segment to add to the decrease of destitution. The entire technique
is emphatically related with the pattern of movement of creation. It has been
uncovers that the inclination of low work charges is the key explanation behind the
exchange of piece of clothing fabricating in Bangladesh. Bangladesh Garment Sector
and Global Chain the reason for this exchange can be explained by the
compensation structure in the article of clothing industry everywhere throughout the
world. Attire work charge every hour (wages and incidental advantages, US$) in USA
is 10.12 yet it is just 0.30 in Bangladesh. The huge accomplishment of readymade
piece of clothing sends out from Bangladesh in the course of the most recent two
decades has outperformed the most idealistic desires.
1.1 Origin
As a part of our MBA program, I have to accomplish my project report from an
organization. And in this process, I have to contain all most all things to do
associated with marketing. This agency have two sections and I’m concerned about
the garments section. The report mainly concentrates on the processing system of
buyers order on garments cloth in ATS Apparel Ltd.
1.2 Purpose
The main purpose of this study was to determine the marketing strategies of ATS
Apparel Ltd and to find the impact of those strategies on their product, services and
process.
Specific purpose:
To focus on overall operations with profile of ATS Apparel Ltd.
To describe the marketing strategies taken by the organization;
To explain the marketing mix strategies of ATS Apparel Ltd.
To identify the problem & limitations of marketing strategies of the firm;
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To suggest recommendations to overcome the problems.
1.3 Scope
For conducting this study an overall knowledge of the total garments system will
necessary because the departments are linked with each other due to some partial
proceeding. The scope of the organization part covers the organization structure,
background, objective, function, departmentalization and business performance as a
whole. This report mainly emphasizes in An Analysis of Marketing strategic for ATS
Apparel Ltd. However , the report also cover brief overview of ATS Apparel ltd, its
products, services, operating activities, financial position and performance analysis.
1.5 Limitations
The report has been prepared by the feedback of company employees and
information which collected by the marketing department. Marketing department is
very confidential about their terms and condition. They never discussed their private
information. Because, every organization has their own business secret, rules &
system. Another problem was limited time for this study. Though it was three months
long program but not enough time to get full knowledge of the marketing department.
Although there were many limitations but I have tried my best and I give my best
effort to furnish this report successfully.
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1.6 Methodology
The type of method used in this document is specifically descriptive in nature. To
meet the goals of the document, I found out that a single method may additionally not
be effective. The property of statistics or records for this particular document are
each number one and secondary supply.
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2.1 Industry Overview
The garment industry of Bangladesh has been the key export division and a main
source of foreign exchange for the last 25 years. At present, the country generates
about $5 billion worth of products each year by exporting garment. The industry
provides employment to about 3 million workers of whom 90% are women. Two non-
market elements have performed a vital function in confirming the garment industry's
continual success; these elements are (a) quotas under Multi- Fiber Arrangement1
(MFA) in the North American market and (b) special market entry to European
markets. The whole procedure is strongly related with the trend of relocation of
production.
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2.2.3 Organogram:
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(f) Skirt
(g) Child top & bottom
(h) Shirt
(i) Long Pant
(j) Legging
(k) T-Shirt
Mission:
A.T.S realizes the need to stake out a competitive segment in the changing
global market of today through technological excellence and human expertise.
A.T.S is committed to transpose its local success to the world scene.
Vision:
To establish as a one stop source for the Global Apparel market and to satisfy
and meet customer's expectation by developing and providing products and
services on time, which offer value in terms of Quality, Price, Safety &
Environmental impact.
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Assuring complete compliance with the international quality standards and
also providing the employees internationally acceptable working condition and
standards.
To promote the development and to use human talent & equal opportunity of
employment
A.T.S apparel limited procure the most advanced & sophisticated technology suitable
for producing desired product and attain highest level of competence through
continuous development of the professional management system and to ensure
complete transparency in an aspect of business.
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2.3.1.1 Marketing Missions
The mission of A.T.S apparel limited is to provide top-quality Garments product and
detail service for luxury Garments product in the world, A.T.S apparel limited will
work to keep employees satisfied in order to maintain impeccable customer service.
A.T.S apparel limited will become the acknowledge leader in Garments industry to
provide quality products into reachable price. Leadership will be achieved by
establishing the industry standards of excellence for quality of service and by
maintaining the board loyalty relative to our service commitment.
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2.3.2 Marketing Demographics:
Market demographic refers some essential factors of the company such as customer
of the companies, companies target market area's customer. Mainly those customers
who is purchasing A.T.S apparel limited Bangladesh and it using. Organization
should cautions about their customer that how they can sale their product to the
customer.
A.T.S apparel limited already has product many different kind of product for creating
superior customer value to accomplishment of organizational goal. Buyer of the
product is fully satisfied to use it. A.T.S apparel limited is hardly belief that within
short time they will make themselves as a market leader all over the country and
should try to expose their business in globally.
2.3.3 Geographic's
The immediate geographic target is the foreign market in the world.
The A.T.S apparel limited have selected a reach customer target arena
in the country.
The total targeted population is just 7 countries buyer 1200 business
customer.
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• Exemplary customer’s services: The target customers have money and are used to
having excellent customer’s services. They will not regularly use A.T.S apparel
limited product unless they receive excellent service.
• High Quality Products: The target value of higher quality services for their upper end
product.
• Convenience: The hours of operation as well as the time needed to provide the
service must be convenient and respectively, to gain market share.
2.3.6 Frequency
Frequency tables are used quite a number of times in this report, e.g. to identify
reasons behind the growth of individual firms. It allows the reader to easily
understand the rate of recurrence of a particular option. Using this technique we
were able to identify the reason most likely to have affected the growth for the
owners employees.
The organization primarily follows the approaches of the sales challenger. Marketing
strategies have different ways of capturing the market.
Strategies, objective and opponents: A market challenger must first define its strategies
objective, usually, to increase market share. The challenger must decide whom to
attack.
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It cannot attack the market leader: A.T.S Apparel Limited will not attack the leader of the
market. This is the high risk of attacking the leader of the market. The company
needs huge investment to target the market leader it is not capable of as well as
lower the product price, increasing the channel network's distribution activities and
invest a lot in the advertising. A.T.S apparel limited. competitor is Beximco Textile
Limited is the market leader in the textile industry. The financial condition, distribution
channels and technical expertise of Beximco Textile Limited Company is far more
than A.T.S apparel limited. But targeting the market leader would be incorrect tactics,
and this business is not doing this.
It can attack firms its own Size: A.T.S apparel limited is using this strategy to sustain the
competitive market. The company is trying to figure out the difference between the
rivals and the clients of the business. This company's main competitor is Minima
Textile, Haque Textiles Ltd, Inception Textile, Rahima Textile. After figuring out the
difference this company offers less than competitor various kinds of products and
trying to satisfy customers. This company is attempting to capture the competitor
market in this way.
It can attack small local regional firms: A.T.S apparel limited is also attacking the smalls
companies, small businesses that are supplying their products on the local market.
These companies manufacture good quality textile products and traditionally
manufacture this product. So the level of production is poor, so this company took
from the small firms the higher purchasing customers.
2.3.7.1 Competition
There is many other garments product company existing in the country. It is quite
maturity stage and trying to compete with garments product by offering low prices.
However, it is not targeting the customer who seek quality service Garments product.
The customers who A.T.S apparel limited is targeting have their product based on
the quality of the job. They do not mind each week to have their Garments product
and waxed in order to keep the point working excellent shape. The businesses that
The A.T.S apparel limited targets will be more cost conscious, so prices will be
approximately 15% less fore these customers to promote volume usage.
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g) Shirin Apparel Ltd.
h) Palmal Garments Ltd.
i) Khalil Garments Ltd.
j) KDS Garments Ltd.
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Figure 4: Target Marketing
2.3.9 Positioning
All marketing strategy is built on STP Segmentation, Targeting, and Positioning. A
company discovers different needs and groups in the marketplace, targets those
needs and groups that it can satisfy in the super way, and then positioning its offering
so that the target market recognizes the company's distinctive offering and image.
A.T.S apparel limited seeks to position themselves as the premier T-shirt service
provider in the urban area. This positioning will be achieved by leveraging their
competitive edge.
A.T.S apparel limited competitive edge will be any where in the country and the
quality of the buyer address in the country. As mentioned, the people has been in the
garments product business for over 25 years, and has an excellent reputation and a
myriad of both business and personal contacts. In addition, Mark has put great deal
of emphasis on creating a system that is both fast and effective, which will keep
costs, in terms of time spent per garments product to a minimum.
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Product Mix
Product Line Range
Design concept
Color Appeal
Style Intention
Package Proposal
Brand Name
Price Structure
Service Function
Warranty Offer
Distribution Mix:
Physical Distribution
Supplies
Stock
Handling
Storage
Transportation
Warehousing
Communication Mix
Advertising
Sales Categories
Field Sales Force
Public Relation
Merchandising
Telephone Sales Force
Incentive Mix:
Money off (Cash Discount)
Competition
Sales Promotion
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A.T.S Apparel Limited has some basic products line which they show at the primary
stage to check the buyer the quality and which covered their showroom.
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only applicable for the small type buyer who continues their business in Dhaka. For
the first timer have dinner offer at 5 star hotel and foreign holiday tour for 5 best
buyers in a calendar year.
Reasonable price with better quality products: A.T.S Apparel Limited to retain in the
competitive market offered the customer reasonable price with better quality service.
This company is comparing their cost to rival firms and selling their goods. As a
result, wherever customers find virtually the same cost as the company does not
sacrifice the value of their service. As before we mentioned that the company is on
Tongi, Gazipur. All of the infrastructure along with land machineries’ and others are
owned by the company and the most turning points is the expertise of the labor made
the product cost effective. In the early time the owner of the company was the leader
of labor of a textile company and he was well known about the labor who are best
and the company pick them.
2.3.10.4 Promotion
Promotion is another compilation of marketing strategies used to convince or
reassure target audiences of a product, service, brand or issue's relative merits. To
reach their customers, A.T.S Apparel Limited uses various marketing strategies. The
main objective of promotional activities is to provide the customer with awareness of
the product or service. What kind of promotional strategies does the Company follow
which are given bellow:
Personal selling: Personal selling refers that when someone sell his product directly to
the customers. It also called person to person selling. The organization has a group
that knocked customers door to door and concerned about the quality of the goods.
Members of the sales team use catalogues, sample of products to provide the
customer with the knowledge. The sales team needs to understand the need of the
consumer, what a customer wants. The sales team of 10 people works throughout
the industry, each marketing representative has a goal in each month.
Maintaining relationship with the customers: This term is mostly important if you want to
survive in the market obviously you have to maintain a good relationship with the
customer. And for that A.T.S Apparel Limited offer dinner parties, offered complain
box if any problem occurs you can easily drop your letter, they also send various gift
during various festivals.
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The sales team not only visits in customers firm they also visit different kind of
events, in the last trade show they took participate. Where they meet different kind of
customers, suppliers, manufactures so on. The sales team introduces their product
to different customers. But they give priority to the loyal and those customers
according to buying scale. The company made T-Shirt for the street boys and girls,
distribute on different occasion. Others ways are:
2.3.10.5 Place
A.T.S Apparel Limited uses a variety of distribution channels to provide customers
with their product. This company is a distributor that sells its product to third parties.
The third party markets its goods to the distributors and the distributor sells the
product to the end customers. Foreign buyers are another distribution channel,
although this group cannot sell their product directly, but they supply their product
through third parties and the third party supply the company. In this way, only loyal
customers buy their product, the loyal customer knows about this business and trust
the company in such a way that it offends them. Company invites in this party old and
new customers, thus maintaining strong customer relationships.
On time delivery: The company offers a variety of services to distinguish the market,
the first deal is to produce the goods on time, and this company manly produces the
products to supply the consumers with the items. Then those customers are doing
their final work like slicing, spinning, wrapping, etc.
After sales service: A.T.S Apparel Limited provides the consumer with after-sales
service. If after sales some problem occurred, the company took steps to solve the
problem. The company is trying to figure out how this problem occurred and who is
responsible for it if A.T.S Apparel Limited is responsible for the problem, so you have
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taken some steps such as providing the payment and recalling the whole fabric they
sell to the company.
Use modern technology and machine: A.T.S Apparel Limited produces goods using
modern technology and machinery. In the factory there are different types of machine
available, these machines are modern for material production.
a) Covering the market globally and locally: If you have a business which has
numerous competitors, it is important that you look at market expansion along
with localization. Don’t stay back from the global market, but more importantly,
while serving the global market, do not forget your home ground. The simple
supporting statistic for this statement is that each and every developing
country, after exploring the global markets, is now looking at their own rural
markets which will provide the maximum growth opportunities.
b) Expand smartly: Expanding just for the sake of growth can become disastrous.
All strategists know that keeping an eye on the cash flow of the business is the
most important thing for the growth of the organization. If your working capital
is being used for expansion, this will affect even the business units which are
actually showing growth thereby causing you to cut back on essential plans.
c) Control costs: Look closely at the accounts of any good company and you will
find ways being implemented to manage costs. There is one basic equation
for profits. Income less Expenses is equal to profit. Thus if you cut down your
costs, your expenses automatically come down thereby increasing the overall
profit.
d) Implement good marketing plans: The crux of beating your competitors is to have
your own unique position in the mind of the consumers. This position should
be highly attractive and profitable. Only then you will gain advantages over
time.
e) Focus on your customers: Several companies, while making profits, forget that
the prime reason they are still working is because the customers like their
products. The day a company forgets this principal, it is bound to fail.
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2.3.13 Market challenger strategy
Market Challenger Strategies are the company's marketing strategies, either in the
third or runners-up position on the market, to attack the leader or the initial
competitor with the intention of capturing a larger market share and earning huge.
The business competitors are usually those companies that have a good market
credibility and a strong financial position. Such businesses are approaching the
market leader and rival at the same rate with the goal of reaching the first market
position or becoming a leader in the industry.
Business challenger strategy the following are general business-led attack
techniques:
a) Frontal attack
b) Flank attack
c) Encirclement attack
d) Bypass attack
e) Guerrilla attack
A.T.S apparel limited does not follow all the strategies. Because the entire strategies
not suitable for A.T.S apparel limited.
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a) Frontal attack: The attacker matches the product, advertising, price and
distribution of his opponent in the pure frontal attack. This organization is not
going to attack in this approach. A firm needs a huge amount of investment in
this strategy, focusing on the same product line, price, promotion of intensive
advertising as well as the development of new products. So A.T.S apparel
limited these strategies don't fit company.
b) Flank attack: A flanking strategy is another name for identifying shifts that are
causing gaps to develop, and then rushing to fill the gaps. The company finds
a way; the first difference is the cost of the goods. Product price bid to
consumers from the rival. Therefore, A.T.S apparel limited business attempts
to reduce the cost of products, so that the company buys raw materials on
cash so that the company gets discount rate from the vendors, as a result the
final product value has risen and they can sell consumers at a lower price than
rivals. The second difference is the consumer value. Sometimes a few
suppliers are unable to guarantee the value of the goods. These competitors
are therefore unable to keep those customers. So A.T.S apparel limited main
goal is to provide the customers with quality products as a result they can
keep the customers and target those customers who are not satisfied with the
competitors.
c) Encirclement attack: Encirclement attempts to capture a broad slice of territory
by launching on several fronts a grand offensive. When the challenger
demands higher wealth, it makes sense. This company provides the
distributor with a higher incentive to sell their products. Due to the higher
opportunity than the other rivals, retailers want to sell these business goods
more on the market.
d) Bypass attack: Bypassing the enemy entirely give three lines of approach to
target easier markets. Textile products from Bangladesh are popular in
European countries. A.T.S apparel limited main rivals and other textile firms
concentrate on this regional market, at this stage this company is trying to
focus on new geographic market. The best option for attracting new
consumers is Native America. To sustain in the market, this company brings
some differentiation. Such as this company produces only shirt and pant
fabric, they plan to introduce sports fabric now. The demand for sports fabric
in the local market is so strong, so we plan to produce these types of products.
The nearest competitors of this company are not listed in this field.
e) Guerrilla marketing: Guerrilla attacks consist of limited, sporadic, conversional
and unorthodox assaults, including selective price reductions, aggressive
advertising blitzes and occasional legal action to threaten the adversary and
eventually secure permanent footholds. The business does not pursue these
strategic tactics.
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2.3.14 Market follower strategy
The firms prefer to follow leader rather than to challenge are called the followers.
They do not face the leader directly. Some followers are capable to challenge but
they prefer to follow. However, markets followers always react strongly in case of any
loss. They have following strategic options:
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2.3.15 Strategy for market nicer
A niche is a more narrowly defined small market (limited number of buyers) whose
needs are not being well-served by existing sellers. It is a small segment that has
distinctive needs and is, mostly, ready to pay high price. Marketers can identify
niches by dividing a segment into sub-segments or by dividing a group with a
distinctive set of traits.
Specialization is the basic idea to serve niches. Nichers can apply specialization on
various aspects. They can practice one or more of following marketing strategies:
a) End-user specialist: It is very popular and widely used option to serve niches.
The firm prefers to operate one-type of end-use customers.
b) Vertical level specialist: The firm can specialize at vertical level of production or
distribution
c) Customer size specialist: The firm can sell products only to small, medium, or
large size customers. For example, a firm can supply one or two components
only to large companies.
2.4 Analysis:
In marketing strategy there are many way to analysis it. Here competitive analysis of
major competitor and Pestle analysis and SWOT analysis be discuses. There are
most important part to analysis marketing strategy.
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shirt/trousers of shirt per of shirt per
per month month month
35900 square feet
33000 square 34000 square 74400 square
Floor space with emergency
feet feet feet
stairs
Total number
661 372 447 1500
of machines
UK, France,
Sweden,
Netherland,
Europe, USA Europe, USA Denmark,
Major markets Germany, France, Holland,
USA Spain,
Germany,
USA
Number of 725(Male & Male 240, Male 230,
employees female)employees Female 570 Total 2000
Female 560
Total 800 Total 800
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Political: Political factor is instable in our country. Conflict between the political
parties, inefficiency of local administration in conducting a legal and transparent
election, corruption in the government levels etc are big problems. Trade restriction
are now decreasing day by day. Which is a good news for overall RMG sector. But
tax are now increasing day by day. It is a big problem now .Because of increasing
taxes -products, raw materials, transportations, custom, etc cost are increasing day
by day. So A.T.S Apparel ltd suffering for these also.
Economical: A.T.S Apparel ltd is the largest denim exporter company in America from
Bangladesh. They also export highest denim product from Bangladesh to USA in this
Covid- 19 . A.T.S Apparel ltd also pay taxes. So, overall A.T.S Apparel ltd playing a
good role in the growth of our economy.
Social: A.T.S Apparel ltd doing many social works. They assure and working for their
workers safety. They have child care facility inside of factory area. They donate
money for social development.
Technological: A.T.S Apparel ltd is innovative and advanced technology based denim
factory. They using direct sunlight to do work in day it save huge amount of
electricity. They have latest cutting machine. They first imported advanced washing
machine form Italy. Now, they using advanced technology to wash and design like,
E-flow (spray chemical wash), potash replace etc.
Environmental: A.T.S Apparel ltd is environment friendly factory. They always planting
tree. It is certified Green factory. It is also lead, ETP certified factory. A.T.S Apparel
ltd recycle their waste fabric . A.T.S Apparel ltd also recycle their water.
Legal: A.T.S Apparel ltd always care about health and safety of every workers &
employee. They have own medical team inside of the factory. They have own
required Fire extinguisher in everywhere of the company. They always obey labor
law. A.T.S Apparel ltd always gives equal opportunity to men & women. They always
maintain product safety and product standards. Child workers are prohibited there.
They strictly maintain this issue. A.T.S Apparel ltd is not doing any illegal or
prohibited activity for their own interest.
Strength:
Quality is the vitality of the association by the method of the utilization of it an
undertaking may moreover get the forceful advantage A.T.S Apparel ltd. This is an
appropriately presumed association in the material businesses of the nation. It is
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huge resources, sizeable market; fundamental market work has made an image and
job in the texture ventures.
Here the current power of the business is noted as cry:
a) Skilled workforce: From its starting A.T.S Apparel ltd appears into the mixture of
effectiveness and effectively related to its objectives. As a result inside a few
days, it obtained greater regard from its buyers.
b) Market Reputation: A.T.S Apparel ltd is one of the important mills in Bangladesh
it is why they have little bit recognition in the overseas market and have had
faith from investors.
c) Collaboration with suppliers: To grant greater cost in their price transport method
A.T.S Apparel ltd has constructed a long-term relationship with some ready
suppliers. This collaboration makes this corporation sincere to its dedication to
fantastic and scheduled transport to its buyers.
d) Permanent Buyers: For its reputation' of dedicated agency, it has constructed
an advertising community with some distinguished buyers. These consumers
are now not without difficulty susceptible to different factories, as they are
cozy with A.T.S Apparel ltd for its effectively and effectiveness.
e) Collaboration with the backward linkage industry: To be ever profitable in their
dedication to their shoppers they continually guarantee the on-time transport
of the add-ons wanted in the manufacturing process. Merchandizing dept. has
taken the accountability of imparting these add-ons to the manufacturing
method for its certain supply. For the comfort of this duty, they have
constructed lengthy-time relationships with the suppliers of add-ons that they
do not manufacture and finished critical paperwork with a robust period and
prerequisites with these accent suppliers.
f) Long-term relationship with buyers: A.T.S Apparel ltd honors the long-term
relationship with their buyers. So the shoppers stay loyal to the company. This
is the cause long-term relationship with their consumers is the power of the
company.
Weaknesses:
Many elements assist in growing or reducing the earnings of the company. When the
earnings decrease, it is dealt with as the weak spot of the company.
a) Fail to appeal to huge Buyers: Despite the effectiveness and effectively one of
the weaknesses of A.T.S Apparel ltd is its brief capacity. For its low degree
capability A.T.S Apparel ltd it is disadvantaged from plausible boom ensuing
from its current reputation, which ought to be done otherwise.
b) Not International well-known certified: A.T.S Apparel ltd is now not ISO licensed
organization. Not to say that being a proof of quality, ISO certificates is very a
good deal necessary for the spreading of its market.
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c) Lack of warehousing: There is no applicable putting for remaining merchandise
to vicinity them safely and at the time of their dispatch, there is an opportunity
of mistake.
d) Communication Gap: There are a few gaps in the conversation between the
departments. Maybe these affirm every issue from every different however
nevertheless they make errors and blame each other’s to protected them.
e) HR Department: HR Department is nearly vain and solely performing two
activities. These things to do are making salaries and attendance of the
personnel and workers. They are now not working to desirable educate the
personnel and making value determinations to consider them.
Opportunities:
Many elements assist in growing or reducing the income and rate of the company.
When the income will increase and the price decrease, it is dealt with as the
possibility of the company.
a) Cheap labor: The labor value in Bangladesh is very cheap. So it is a probability
for A.T.S Apparel ltd.
b) Motivating the employees: HR branch can show and exhibit them they are right
here for personnel by way of motivating the personnel performing their best.
They can locate the motivation degree of their personnel and provide them
incentives to inspire them.
c) Advertising: A.T.S Apparel ltd can promote their selves to promote their
material products. They can promote in global magazines about their selves.
Can be marketed over the net (electronic Marketing)
d) Can open own Shops: A.T.S Apparel ltd can open its retail outlets in the
overseas market the place they can show their garments merchandise and
apparel as properly as curtains. The massive gain would be that advertising
and marketing would be accomplished robotically and your cloth merchandise
would additionally be offered to the neighborhood market.
e) Online Shopping Store: A.T.S Apparel ltd can open its on-line save the place
they can exhibit their clothes range and apparel. The benefit of this step would
be
Online Marketing.
Capturing the market over web internationally.
Capturing the market over web domestically.
The fabric can be bought out at an online shop.
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f) Technology: The science has been expanded for the cloth enterprise and these
applied sciences are being obtained through the global opponents as nicely
as with the aid of nearby rivals so they are producing proper exceptional
clothes merchandise and growing the effectively as nicely as lowering the
value of manufacturing A.T.S Apparel ltd has the probability to make
investments for the new technology. By obtaining the trendy technology, they
can expand the manufacturing quality, effectively and can minimize the price
of production.
Threats:
Many elements are damaging for the corporation and may additionally reason
conceivable minimizing the income and maximizing the charges of the company.
This is acknowledged as threats.
a) Shortage of electricity: The authorities of Bangladesh are nevertheless unable
to supply the required volume of electricity, the utilization of electrical energy
has been increased. The groups who have their personal electrical energy
plant life are retailers however these who do not have been dealing with a
primary hassle of a scarcity of electricity.
b) The hazard of new entrants: As the shopping for enterprise in our USA is in the
movement of increase the enterprise offers a desirable feed to new entrants.
So in this enterprise, as a A.T.S Apparel ltd wishes excessive strategic stakes
to survive.
c) The bargaining strength of the firm's suppliers: In this enterprise as garment
producers are several and their ahead integration structures are no longer
sturdy for their illiteracy or lack of ability to persuade the overseas buyers.
Therefore A.T.S Apparel ltd enjoys little bargaining tendency of garment
manufacturers.
d) The bargaining strength of the firm's customers: In our U.S.A. A.T.S Apparel ltd
enterprise faces a little good buy over the negotiation as a boon of the quota
system. As a result, the bargaining strength of A.T.S Apparel ltd is very little.
e) The risk of alternative products: In this enterprise, this element is now not viewed
due to the fact there is no ideal replacement for their supplied service.
f) Local competitors: Bangladesh is a beneficial area for overseas customers of
garment products. As a result, the garment enterprise itself is very beneficial
to nearby entrepreneurs.
g) Political unrest: In our United States of America political instability frequently
hampers the effectiveness and effectively of enterprise organizations. Thereby
political unrest is an exquisite hazard to the clean characteristic of A.T.S
Apparel ltd.
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3.1 Findings:
Based on the practical experience of the internship period, the findings are the
followings:
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employee works in the workplace for about 10 to 11 hours on average. This
operating hour increases the delivery time.
j) Lack of information: Company information is rare on the Internet, so the
general public hardly knows about this business. The statistical information of
the company is not available to all. And gathering the company's data was
very difficult to prepare the report. Some data from the company are not
available for everyone to expect top management.
k) Lack of customer relationship management : Management of the customer
relationship in this company is poor. Employees do not contract with
customers on a regular basis and there is a gap between customers and
employees.
l) Job security for the employee of sales department : Sales job at A.T.S Apparel
Ltd is not adequately safe compared to other departments. The turnover of
workers varies from division of sales to division of benefit. In each month, the
organization has set a target for an employee. If the employee is unable to
meet the goal, the organization will position the employee's presser.
m) Inefficiency in IT: In A.T.S Apparel Ltd there is a shortage of computerized
system in various sections. Employees of the company are using less
software. Traditionally, they do not active of their market research. So it delays
the whole process of working.
n) Lack of standard pricing strategy : Product pricing is higher than another
company. The product pricing policy is not very much friendly for customers.
So customers are feeling hesitant to buy A.T.S Apparel Ltd product.
o) Limited Promotional Activities : A.T.S Apparel Ltd does limited international
and local TV ads, print media, electronic media, and many types of advertising
offers. A.T.S Apparel Ltd hasn’t done different types of promotional activates
such as; Seasonal offer, Mega offer, Occasional offer.
3.2 Implications:
Marketing strategies should be viewed in terms of integrated formulation and
implementations which in turn requires the manager’s focus and appropriate
emphasis at a corporate level. Such integration also implies that the constructs of
marketing strategies formulations have corresponding implications for the
implementation constructs. However, the marketing literatures indicate that little is
known between the links. Accordingly, this study clearly examined how each
marketing strategy formulation process (creating, delivering, and communicating
value) is linked to marketing strategy implementation (marketing mix). Thus, for
appropriate marketing strategy execution, a firm has to link its marketing strategy
with its performances in order to examine the contribution of each unit of investment
in marketing strategy to the company‘s competitiveness.
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The ultimate success and failure of any organization is heavily dependent on the top
management who are in charge of formulating and implementing strategies. In this
regard, marketing strategies formulation and implementation calls for the active and
consistent engagements of managers because it is one of the most detrimental
factors for competitiveness. In view of this, the study clearly examined the marketing
strategies of the textile companies and thereby identified critical gaps in the practice.
Besides, extensive and pertinent literatures were reviewed to understand the issue in
boarder practical perspectives. The three major implications for management
practices.
a) Managers should focus on marketing strategy; investments on marketing
assets and capabilities
b) Firm‘s performance can be better measured in non financial measures
c) Niche marketing strategy is more appropriate for the textile firms in the
international markets
3.3 Recommendations:
A.T.S Apparel Ltd has high-quality recognition in the world market. Based on my
understanding, the following recommendations are made:
3.4 Conclusion:
Bangladesh is a developing country. In this, we of unemployment trouble is barely
overcoming through our clothes or garb sector. A lot of human beings are working in
this area from the preliminary stage. Initially, the state of affairs of this quarter is no
longer so true however now a day this region is incomes a lot of overseas currency,
round 75%-80% of our whole financial boom which is making our monetary zone
very robust and assists to our GDP. And merchandisers are these human beings
who are working right here day to night time to improve this sector. Merchandisers
intend to gather order, implement, enhance, and cargo on client required time.
It used to be a brilliant pleasure for me to work in the advertising and marketing
quarter of A.T.S Apparel ltd which gives me a vast vary of scope to study the special
characteristic of shopping for the residence industry thru the cordial help of the
personnel and seniors. All the personnel of A.T.S Apparel ltd tried to provide
pleasant service.
To achieve their goal, all departments are doing well. It's a very fun and casual
atmosphere. Therefore, between the supervisors and the juniors there is no
communication gap. But the main problem in digitalization and build up a strong
distribution channel with skilled marketing expertise. Because when they went for
huge production according to customer demand it takes more time. The overall work
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after manufacturing is done by marketing department like promotion, targeting,
positioning and crating brand value. So the Top level management needed to
emphasize on this particular sector. Also in this company they need to focus on
research, proper training and coordination among various departments. This
business is growing year after year steadily. A.T.S Apparel ltd is attempting to
increase production capacity so that top-level executives are planning to buy more
sewing machines. As well as this company is unable to export their product directly
through some business, they export the item. Others intend to set up a swing
business to manufacture final products and deliver to customers. This growth rate
increase which will contribute in the textile sector of Bangladesh.
4.0 References:
A. Reference Book:
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a) Marketing management 14th edition, Philip Kotler.
b) Principle of marketing 15th edition, Philip Kotler.
c) David, J.& G., Lancaster, Selling & Sales Management (10th ED). Pearson .
d) David W. Cravens & Nigel F. Piercy, Strategic Marketing 8th Edition
B. Website
a) www.wikipedia.com
b) www.google.com
c) www.scribd.com/doc
d) www.fiber2fashion.com
e) https:dspace.bracu.ac.bd
f) http://dspace.daffodilvarsity.edu.bd
g) http://textilebulltin.com/present situation-rmg-sector-bangladesh-2019
h) www.textiletoday.com.bd
i) www.assignmentpoint.com
j) www.bangladeshgarments.info
k) www.scribd.com
Others References:
1. Annual Report of ATS Apparel ltd.
2. Various published documents from BGMEA
3. Different types of document of ATS Apparel ltd
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