M-Paw: We Suit You

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 16

FABRIKAM

M-P A W
We Suit You
Introduction
Startup which is in the luxury
clothing segment, located in
an urban metro market also
looking to expand to new
territories

FABRIKAM
Incorporated by 2 fabric experts with over 15 years of domain experience in fabric
About Us industry, have ventured into niche retail segment of luxury clothing.
The company’s first unit has opened a shop in Jan 2021 at a prime location in Mumbai
under the brand name of “Fabrikam”

ESTD: 2021 The company has aspirations to reach 30 stores in 5 years across most metros in the
country

3
Some Market Insights

Market Size Market Share by


The global luxury Channel
apparel market size was 80 % Offline in
estimated at USD 70.35 traditional stores
billion in 2019 and is
expected to reach USD 20 % Online across
72.13 billion in 2020 various e-tailers &
brand websites

4
Problems / Challenges
The marketing perspective

 Creating Brand Loyalty


 Brand Positioning
 Market Development

5
Problems / Challenges
The marketing perspective

Creating Brand Loyalty & Brand Positioning


APPROACH
1) Market Segmentation
2) Targeting Correct Segment
3) Create a Brand Loyalty by effectively using the brand
positioning template

6
Market Segmentation
Demographic

Behavioural

Psychographics

7
Targeting
Function aims at targeting specific clientele based on the segmentation created based on:-

Desired Psychographics Target Group


Lifestyle, Interests Classes or Masses

Desired Behavioral Desired Demographics


Loyalty Program Members, Club Members Age, Occupation, Gender, Income Group

8
7 P’s
Product: Highlighting Product Process: Tailoring is an art
Place: Area of Business People: Telling s story about craftsmen
Price: Speak about the range Physical Evidence: Store Environment
Promotion: Devise strategy around promotions

9
Positioning Template
Using the below 3 parameters we will assess the positioning statement of the brand

1 2 3
Who Should be Targeted Brand Goals & Frame of Reference Point of Difference
Based on targeting exercise Identifying and aligning the needs of the Establishing niche UVP as against
identification of the targeted market customer with that of the brand competition

Positioning Statement
A quality luxury brand aiming to provide high end apparel to targeted segment of clients who seek to be different &
wish to stand out from the rest and provide a bespoke tailoring with strong DNA of the brand
10
Problems / Challenges
The marketing perspective

Market Development Problem


APPROACH

 Expanding Place / Offering of Product


 Upselling
 Attracting non-users
 Attracting competitors’ customers

11
Threat of
Porters Five Forces Substitute
Products
Applying risk factors using Porters Five Forces
And understanding high and low risk avenues

Bargaining Existing Bargaining


power of Rivalry in power of
suppliers Industry Consumers

Threat of
new
entrants

12
PESTEL
PESTEL factors determining the business

P (Political)

E (Economic)

S (Social)

T (Technological)

E (Environmental)

L (Legal)
PLC
Product Life Cycle
PLC Observation
3.5

2.5

1.5

0.5

0
Introduction Growth Maturity Maturity Decline

14
Marketing Plan
Factors Considered while giving the marketing plan

Franchising
Brand Extension to other geographic locations
Expand Sales Horizon
Along with brick & mortar store go Digital  With the technical knowhow the
Correct Segmentation brand may be extended to various
Identify Target Market  Expand the capability of the brand in geographics as a traditional store
the digital space
 After Segmentation of the market it is
time to understand the right market
 Create limitless experience for BTL Activities
customers
Camps across segmented audience to create
for targeting communication awareness

Communicate Promotions
Marketing Communication Add Value

 Brand awareness communication to  Brand awareness communication to


the specified market the specified market
 Create Value Propositions  Create Value Propositions
15
FABRIKAM

Thank you!
Group 5

Shabeena | Abdul Wahid | Praveen | Girish | Vipyn | Istehsan

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy