This document discusses launching an ethnic wear brand on an e-commerce platform. It recommends introducing the brand in the ethnic wear category since the average order value is higher and there is room for branding. Sourcing from India is suggested due to its large textile industry. A brand name of "Rang" is proposed, targeting fashion-conscious women ages 23-35 in metro and tier 3-4 cities. Marketing strategies include celebrity endorsements, festivals promotions, and customer engagement programs. A business plan outlines launch in August 2017 and festivals through early 2018 to increase purchases and promote the new brand.
This document discusses launching an ethnic wear brand on an e-commerce platform. It recommends introducing the brand in the ethnic wear category since the average order value is higher and there is room for branding. Sourcing from India is suggested due to its large textile industry. A brand name of "Rang" is proposed, targeting fashion-conscious women ages 23-35 in metro and tier 3-4 cities. Marketing strategies include celebrity endorsements, festivals promotions, and customer engagement programs. A business plan outlines launch in August 2017 and festivals through early 2018 to increase purchases and promote the new brand.
This document discusses launching an ethnic wear brand on an e-commerce platform. It recommends introducing the brand in the ethnic wear category since the average order value is higher and there is room for branding. Sourcing from India is suggested due to its large textile industry. A brand name of "Rang" is proposed, targeting fashion-conscious women ages 23-35 in metro and tier 3-4 cities. Marketing strategies include celebrity endorsements, festivals promotions, and customer engagement programs. A business plan outlines launch in August 2017 and festivals through early 2018 to increase purchases and promote the new brand.
NMIMS, Bangalore Conversion rate(%) Average order value(Rs)
e. Home & Kitchen e. Home & Kitchen
d. Ethnic Wear (Men & d. Ethnic Wear (Men c. Footwear (Men & c. Footwear (Men & b. Home Furnishings b. Home Furnishings a. Electronic Accessories a. Electronic Accessories
0 1 2 3 4 0 200 400 600 800
Conversion rate Average order value
Shopclues should introduce the Brand
80,000,000 70,000,000 in ethnic category. Indias apparel and 60,000,000 50,000,000 lifestyle market is a $92-billion industry 40,000,000 Average order value for ethnic category 30,000,000 20,000,000 is higher, lower conversion rate 10,000,000 0 indicates that there is scope for Branding Shipping cost incurred to the company is minimum Ethnic wear will create foothold in Revenue Shipping Cost Final Revenue footwear as both are complementary items Consumer trends related to ethnic wear are: Increasing occasion specificity of fashion, Growing demand of branded apparel, Increasing value consciousness Sourcing Solution From Where: India Why in India: Home to 24 percent of the world's spindles India is the world's second largest producer of cotton and silk Second largest textile manufacturer 100% FDI in textiles(Make in India) GST implementation decreased transportation costs Shopclues can provide brand for regional players in different states(Ethnic wear for people across the states) Brand Name, Logo, Positioning Brand Name - Rang-A brand for Indian ethnic lovers Brand Logo Brand Positioning- Affordable Fashion
Profile Positioning Target Audience
Essential Wear -Comfort
Age group- 23-35 yrs. & driven, Relaxed CATEGORY Ethnic brand for the Fashion income-RS 20000-40000 silhouettes, styling, aspiring, conscious, contemporary, married female, working confident and fashionable working, married as well as professional or housewife Global Yet Ethnic in Style house wives residing in metro city or is Stylish yet Traditional but Low, Mid to Premium Pricing from tier city experimental Strategy She likes to follow fashion New Fashioned - Edgy / Great designs, good fit and trends and buying the latest Experimental, Flamboyant, Quality being the prime fashion trends is moderately Innovative, Young, focus important to her Confident, Distinctive Marketing Mix
Product material, Co-ordinates-Knitted churidar, Patiala, Dupatta etc. Kurta, Sherwani, Wedding Costumes etc.
We will use competitive based pricing
Price Mix and Match Rs. 299-1899 Salwar Kameez sets Rs. 999-3999
Consumer Personal Reference(CPR)
Celebrity endorsement Promotion Customer Engagement platforms-design contest for tier 3-4 cities or tie up with women entrepreneurs Promotions during festivals through T.V, Print& digital Business Plan Q1 2018
Diwali Launching Footwear
Brand. October 2017 Working on cross Increasing Purchase selling with apparels. frequency by giving Promoting the Brand to Launch Rang August some festive discounts existing as well as new 2017 and bundling offers customers
Dussehra New Year
Sep 2017 Working on Latest Targeting regional cities like trends and working on Mysore where the festival is integrated marketing celebrated and doing customer communications engagement activities for creating brand awareness with T.V and Print ad THANK YOU