Vestiduras de Sillas - JVH
Vestiduras de Sillas - JVH
Vestiduras de Sillas - JVH
MARKET INTELLIGENCE I
TOPIC:
Chair vestments.
TEACHER:
STUDENT:
GROUP:
INM7
07/02/2023
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Contenido
Introduction ........................................................................................................................................ 3
Rights and obligations in the destination market ............................................................................... 4
Scorings ............................................................................................................................................. 13
Select virtual platforms and their justification.................................................................................. 15
Market research ................................................................................................................................ 18
Market analysis ................................................................................................................................. 29
Market trend analysis ....................................................................................................................... 37
Evaluation of customer satisfaction, justifying the selected technique ........................................... 46
Conclusions and recommendations .................................................................................................. 49
Bibliographic...................................................................................................................................... 50
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Introduction
Chair covers are an integral part of decorating and interior designing any space.
They have been used for a long time to improve the appearance and comfort of
chairs. Over time, the chair cover industry has evolved, undergoing a myriad of
Innovation in this field has led to the creation of more durable, stronger, and more
comfortable chair covers, as well as a wide range of style and design options. From
soft, lightweight fabrics to stronger, more durable materials, the options are virtually
printing and embroidery technique has allowed for even greater customization of
chair covers.
In short, chair covers continue to evolve and improve over time, offering consumers
a wide range of options to enhance the appearance and functionality of their chairs.
Innovation in this field has allowed greater customization, comfort, and durability,
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Rights and obligations in the destination market
There are no specific rights for chair covers. However, in the manufacture and
distribution of any product, including chair covers, certain human and labor rights
In relation to human rights, it is important to ensure that workers' rights are not being
violated, including the right to safe and healthy work, the right to a fair wage, and the
right to form and join a union. In addition, it is important to ensure that child or forced
control and environmental protection. It is also important to ensure that the products
In summary, although there are no specific rights for chair covers, it is important to
respect human and labor rights, as well as environmental and quality regulations, in
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Chair cover obligations depend on various factors, such as geographic location
and relevant laws and regulations. Some of the more common obligations include:
Compliance with safety regulations: Chair covers must comply with applicable safety
regulations.
Compliance with environmental regulations: Chair covers must also comply with
Compliance with quality regulations: Chair covers must meet the relevant quality
standards and ensure that they are safe and meet the established quality
requirements.
Respect for labor rights: The manufacture and distribution of chair covers must
respect labor rights, including the right to a safe and healthy job, the right to a fair
Compliance with tax regulations: Chair covers must also comply with applicable tax
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It is important to note that these obligations may vary by geographic location and
regulations and laws and to always comply with them. This helps to guarantee a
ISO 9001:2015: Quality management system in the textile sector, covers all
responsibility of companies and how they can positively affect society and the
environment.
These standards help companies in the textile sector to improve their performance
and maintain high standards of quality, safety, environmental protection, and social
responsibility.
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ISO 9001:2015 is an international quality standard that establishes the
applicable to any type of organization, including those that manufacture chair covers.
organization by ensuring that customer needs and expectations are met and that
applicable legal and regulatory requirements are met. To meet this standard, an
organization must implement and maintain a quality management system that covers
all relevant areas of its business, from planning to delivery of products and services.
For a company that manufactures chair covers, this might include selecting and
9001:2015 certified company must carry out a continuous review of its quality
Certification can also help a company improve its performance and increase its
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ISO 14001:2015 is an international environmental management standard that
organization. This standard applies to any type of organization, including those that
improve their environmental impact and comply with applicable legal and regulatory
that covers all relevant areas of its business, from the identification of environmental
For a company that manufactures chair covers, this could include selecting and
company must carry out an ongoing review of its environmental management system
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ISO 18001:2007 is an international occupational health and safety standard that
those that manufacture chair covers. The objective of ISO 18001:2007 is to help
organizations improve the safety and health of their workers and comply with
safety. To comply with this standard, an organization must implement and maintain
an occupational health and safety management system that covers all relevant areas
For a company that manufactures chair covers, this could include identifying and
and raising awareness of workers on occupational safety and health, and the
18001:2007 certified company must carry out a continuous review of its occupational
health and safety management system to identify and address any areas for
improvement.
implemented and maintains a rigorous and effective occupational health and safety
management system.
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Certification can also help a company improve the occupational health and safety of
applies to any type of organization, including those that manufacture chair covers.
The standard covers seven key areas of social responsibility, including governance,
For a company that makes chair covers, this could include evaluating its practices
customers, and the community at large, and how it responds to their needs and
concerns.
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The ISO 26000:2010 certification is not a certification standard, but a guide for social
In short, ISO 26000:2010 helps organizations to become more aware of their social
and environmental responsibilities and to take steps to address them effectively. The
implementation of this standard can improve the trust of stakeholders in the company
regulations that are applied in Mexico and whose objective is to guarantee the safety,
quality, and protection of the environment in a wide variety of products and services.
No specific NOM standard for chair covers was found. However, some regulations
that could be relevant for this sector include NOM-002-SCFI-2015 for office
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It is important to mention that compliance with NOM standards is mandatory in
Mexico and may be necessary to obtain authorization to import, export and market
products in the country. Therefore, it is important to know and comply with the
relevant regulations to guarantee the quality and safety of the products and avoid
sanctions or fines.
guaranteeing the safety and comfort of users and the durability and quality of the
products.
example, the minimum and maximum dimensions of the chairs and their adjustment
for adequate ergonomics are established, as well as the resistance to fatigue and
It is important to note that compliance with this standard is mandatory for all
covers. In this way, a minimum level of safety and quality is guaranteed for
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Scorings
In marketing, there are several types of scoring, including:
customer.
Customer Scoring: Evaluates loyalty and the probability that a customer will make
an additional purchase.
debt.
Risk Scoring: Evaluates the risk associated with an investment or a credit decision.
Background Scoring: Evaluates the credit history and other financial background of
an individual or company.
service.
Propensity to Purchase Scoring: Evaluates the probability that a customer will make
a purchase soon.
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Lead scoring in chair covers is a process that allows you to evaluate the quality and
used to identify the most qualified prospects and assign them a score based on their
profile and behavior, which helps salespeople prioritize their efforts and improve the
The lead scoring process for chair covers may include the evaluation of different
factors, such as the interest shown by the prospect in chair covers, their available
budget, their geographic location, their purchase history, their online activity, among
others. others. These factors are used to qualify prospects and assign them a score
Once scores have been assigned, sellers can focus their efforts on the most qualified
leads and provide them with a better buying experience. For example, high-scoring
leads may receive more frequent or personalized follow-up, while low-scoring leads
Lead scoring on chair covers can also help salespeople identify areas for
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In short, chair cover lead scoring is a valuable tool that allows salespeople to improve
their efficiency and increase the chances of converting leads into customers. By
identifying the most qualified prospects and providing them with a better buying
experience, sellers can maximize their performance and increase their chair cover
sales.
HubSpot is an inbound marketing and sales software platform that helps businesses
generate leads, improve customer experience, and increase ROI. In the context of
websites easily and efficiently. Websites built with HubSpot are SEO optimized and
Lead generation: HubSpot offers a wide range of lead generation tools, including
forms, landing pages, and offers. Users can segment and qualify their leads,
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CRM integration: HubSpot integrates its marketing platform with its customer
automate their sales and marketing processes, helping them improve efficiency and
Data Analytics: HubSpot offers a wide range of data analytics tools to help
businesses measure and optimize their performance. Users can view detailed
reports on their web traffic, their conversion, and their performance on social
networks.
In short, HubSpot is a complete and versatile platform that can be used by chair
upholstery companies to improve their marketing and sales processes and generate
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Market research
about a specific market to make informed decisions about product and marketing
strategy. The following are the basic steps in conducting market research:
1. Problem statement
The problem is how to use technology to improve quality as well as to identify and
satisfy the needs and preferences of customers in the chair coverings market.
Main objective: Determine the preferences of the clients in terms of materials, colors,
Secondary objectives:
-Identify the barriers that limit the adoption of new products in the chair upholstery
market.
-Analyze the impact of prices on the purchasing decisions of customers in the chair
upholstery market.
-Evaluate customer satisfaction with current chair covering products on the market.
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-Identify market opportunities for new products or solutions in the chair upholstery
market.
-Analyze the competition in the chair upholstery market, including the presence of
-Evaluate the perception of the quality of chair covering products in the market.
-Identify the most effective distribution channels for chair upholstery products.
3. Hypothesis:
Ha: The product will have profitability for its sale in the market.
4. Type of investigation
An investigation will be carried out using qualitative data to find out more about the
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Data Source
Primary
The data obtained within this field will be collected from the sample of our population
There is a variety of data and information that may be relevant to chair trims,
including:
Demand: The quantity of chair covers sold and its evolution over time.
Prices: The average price of chair covers and how they vary based on materials,
Materials: The most common materials used in chair covers, including fabric, leather,
Designs: The most popular designs in chair covers, including prints, colors and
patterns.
Usage: The most common use for chair covers, including home, commercial, and
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Shopping: The most common shopping channels for chair covers, including online
Brands: The most popular brand of chair covers and how they vary based on quality,
Trends: Trends in the chair upholstery market, including new products, technologies,
These are just a few examples of the data that may be relevant to the chair
upholstery market. Accurate and relevant data collection is crucial for effective
market research and for making informed decisions about product development and
Secondary
The data obtained within this field will be collected from web articles, official sites
and internet pages that allow us to know market trends and consumer behavior.
5. Scope or sample
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6. Description of the methodology
customers.
Obtain demographic,
Survey
The objective of this survey is to know the preferences of customers and to identify
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Analysis of the information
Most of the respondents are students, in an age range of 15 to 30 years, being mostly
The key question to continue the form is, do you consume cookies? Those who
answered NO, the form ended there, which was a total of 15 people out of the 37
surveyed; for those who answered YES, they continued the form, obtaining the
following results.
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When interpreting the results, the characteristic that most impacts decision making
and the one that most attracts the customer is the price of the product, regardless of
When looking at the results, we see that the majority go for an average budget, which
is $200 pesos, which largely rules out the $300 and $100 budget.
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Checking the following question, all those surveyed agree that it is a good investment
since it protects their real estate, and it looks more pleasing to the eye.
something that makes them curious, for which they want to try it and thus share it
with others.
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Market analysis
Market analysis
While it is true that a market analysis provides information about the sector,
customers, competitors, and the scope of a market. In addition, you can determine
the relationship between the product and the demand for a specific product or
service, there are tools that allow us to identify these characteristics, such as the
PESTEL Analysis.
COFEPRIS is the competent authority for the exercise of the powers that correspond
products and services, their import and export, as well as establishments dedicated
to the processing of these. To comply with this task, the Commission carries out
control and sanitary surveillance actions for food and beverages, food supplements,
raw materials and additives involved in their preparation, import and export, as well
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Economic indicators
According to data from the 2019 Economic Census, the economic sectors that
concentrated the most economic units in the State of Mexico were Retail Trade
(314,981 units), Other Services Except Government Activities (89,393 units) and
When searching for the word "dresses for chairs" in Google Trends, the trend with
which said search has been carried out in the browser focused especially on the
In the graph you can see the absolute volume in the last 30 days on a scale from 0
to 100.
When comparing the result with "chairs" the result is the following
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(Google, 2023)
In the graph the trend in "chair upholstery" is less than "chairs" so when looking at
these two results we can see that the market has not yet been 100% exploited so
The graph shows the distribution of economic units by sector according to the
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The economic sectors that stood out for the highest amounts of internet purchases
The economic sectors that stood out for the highest amounts of internet sales were
In 2018, the economic sectors with the highest percentage of large economic units
that met the environmental standard were Health Services and Social Assistance
(30.9%).
In contrast, the economic sectors with the highest percentage of large economic
units that did NOT comply with the environmental standard were Real Estate
Services and Rental of Personal and Intangible Assets (74.2%), Business Support
Services and Residue and Waste Management, and Services Remediation (73.7%)
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Legal factors
Legal factors in marketing are regulations and laws that affect the promotion and
sale of products and services. They range from protecting consumer privacy to
regulating advertising claims. Here are some of the most important legal aspects in
marketing:
Advertising and Promotion: Laws regulate how claims can be made in advertising
and promotion, including claims about the quality and efficacy of products.
Data Protection: Privacy laws regulate how consumer data can be collected, stored,
and used.
Copyright Protection: Copyright laws protect original content, such as images and
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Regulation of the food industry: Laws regulate how food must be promoted and sold,
It is important that companies are aware of and comply with these legal regulations
attorney specializing in advertising and marketing law to ensure that your marketing
Applied to e-commerce.
In other words, the duty to inform will have to be fulfilled. Through the Privacy Policy,
all the information on the handling that you will carry out on the personal data of the
users will be provided. This must include the details of the personal data bank, who
is responsible for its treatment and the provisions around the ARCO Rights (Access,
Rectification, Cancellation and Opposition) that grants people control over their
personal data.
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Consumer protection
o Means of payment.
o Shipping conditions
Given the health crisis caused by COVID-19, it is also necessary to report on health
protocols. In this way, the user will be aware of how their health will be protected
On the other hand, just like a regular business, you are obliged to have a virtual book
of claims. This will allow consumers to present any complaint or claim in the first
instance.
An electronic commerce, on the other hand, is obliged to comply with the obligations
requires that they be clear, explicit and have support for their objective statements.
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o Legality: e-commerce must ensure that it complies with the different warnings
necessary to communicate the Among these are the validity of the promotion, the
minimum available stock of the product and any condition or access restriction.
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Market trend analysis
In Mexico, there is no stock market specifically dedicated to the textile sector. Textile
companies can be part of the Mexican Stock Exchange (BMV), which is the largest
stock exchange in Mexico. On the BMV, textile companies are classified in the
materials and consumer goods industry and can be found in indices related to this
industry.
It is important to note that listing on the stock market is an option for companies, but
not an obligation. Some textile companies in Mexico may prefer to keep their
The tertiary sector is the one that contributes the most to Mexico's GDP and labor
force. During 2021, this sector contributed more than 30 billion pesos to the Mexican
economy.
According to INEGI, as of 2018, there were close to one million 899,812 companies
dedicated to services, most of them are dedicated to the preparation of food and
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In addition, there are more than 10 million formal workers who are dedicated to an
activity related to this sector. It is also important to mention that, within the informal
By states, the four states with the highest participation for the tertiary sector are:
or Nuevo Leon
or Jalisco
or States of Mexico
or Mexico City
BMV has a sector classification since March 2009. The new structure considers four
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SECTOR I Energy
SECTOR II Materials
SECTOR VI Health
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Of these ten sectors, seven indices were released, which are:
INDICE SECTOR
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ECONOMIC ACTIVITY INDICES
The Total Return Economic Activity Indices of the Mexican Stock Market and S&P
Dow Jones Indices are indicators that reflect the behavior of the different Sectors
(Primary, Secondary and Tertiary) of the Mexican stock market that make up the
Economic Activity of the country, by including in their samples to the most stock
market share series of the companies that are listed for each activity, based on the
Primary Sector: Activities in which natural resources are extracted and used just as
they are obtained from nature, either for food or for the generation of raw materials
(consumption or commercialization).
or Agriculture
o Forest exploitation
or Livestock
or Mining
or Fishing
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Secondary Sector: Refers to Industry in general, where the use of machinery and
or Construction
o Manufacturing industry
communications and transport) are not produced as such material goods, they are
They produce comfort and satisfaction of human needs through the provision of
services.
or trade
or Services
or Transport
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With these Indices, the Mexican Stock Exchange and S&P Dow Jones indices offer.
to the investor one more alternative to monitor the behavior of the stock market by
grouping in the different samples all the different activities participating in it.
The Economic Activity Indices of the Mexican Stock Exchange and S&P Dow Jones
indices are:
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Evaluation of customer satisfaction, justifying the selected
technique
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Justification
observing the results for all the questions, 30% of the customers surveyed have
some dissatisfaction and the other 70% are satisfied with their product but it can be
better.
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Conclusions and recommendations
Chair covers are a decorative and functional item that can enhance the appearance
of any event or space. When choosing chair covers, it's important to consider the
Some popular materials include polyester, silk, and linen. It is also important to
choose a color that matches the rest of the decoration and that is attractive to the
guests.
In addition, it is important to make sure that the drapery fits the chair correctly, and
that it has enough fabric to completely cover the chair to create a neat and
professional look.
In short, chair covers are a key element in decorating any event or space, and it is
important to carefully choose the fabric, color, and fit to achieve the best possible
result. With a good selection, chair covers can transform any event into a memorable
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Bibliographic
https://www.bmv.com.mx/es/emisoras/estadisticas/ITX-31607
https://profeco.gob.mx/juridico/noms.asp
https://www.iso.org/home.html
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