Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting

BGMEA University of Fashion & Technology
BGMEA University of Fashion & TechnologyBGMEA University of Fashion & Technology
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Report Presented By the Group of

 The Creativity of Friends
SL
NO.
NAME OF THE STUDENT IDENTITY
NUMBER
1 S.M.NAZMUL ALAM 131-092-0-135
2 HASAN MAHAMMUD NAYEEM 131-083-0-135
3 SUBHA JUTI MAZUMDER 131-080-0-135
4 ZAHIDUL HAQUE MAZUMDER 131-079-0-135
5 ARJUN GHOSH 131-056-0-135
Introduction
 Geniusity fashion is one of the leading all kind
of Garments Manufacturing & Exporting as
well as Garments sourcing agents operating
from Dhaka Bangladesh.
4
Company Overview
 Business Type: Manufacturer,
 Main Products : T-shirt,Shirt,Pants,Tank Top,Polo
Shirt,Jeans,Jacket.
 Location : Dhaka
 Year Established : 2011
 Total Revenue : 2.5 – 5 million Doller
“Quality Never Goes Out Of Style “
Geniusity
HISTORY
In 2010, we 5 of our friends make a plan for fashion house.
We First invested for this fashion brand at the end of 2010.
In January,2011 First of all we open our first outlets on Gulshan,that is now our brands
headquater.
At the end of December 2011, we open our 2nd showroom at Uttara.
And finally in the year of 2013, we open two new outlets on Bashundhara city shopping
mall & Eliphantroad.We also open a showroom in Chittagong in this year.
Products of Geniusity Fashion
Products of Geniusity Fashion
Marketing Statement of
GENIUSITY Fashion
 Two types of Statement
1.Mission Statement
2.Vision Statement
Marketing Statement of
GENIUSITY Fashion
Mission Statement:
“GENIUSITY encourages the creativity and
promotion of individualism through style and
fashion at affordable prices.”
GENIUSITI’s mission statement itself shows
that:
 •The business is in clothing industry.
 •Its market is all society members.
 •Geniusities value and goals are related
tosatisfaction the customers matured
tastes.
Marketing Statement of
GENIUSITY
Vision Statement:
“GENIUSITY will efficiently, competitively,
and technologically provide quality and
fashionable t-shirts & Jeans at affordable
prices for teenagers and young adults,
while growing from a small start-up
business to a household brand name.”
Our Marketing Objects
People love and trust our company.
We will market and distribute the
most appealing and widely available.
Our products define quality, style and
function.
We will clothe the world .
Overall marketing objectives:
Increase consumer Satisfaction,decrease
dissatisfactionof theplus size consumer
Increase purchase frequency among
plus size customers
Increase brand awareness and favorable
attitudesamong consumers
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Marketing Plan for Geniusity
Fashion
Marketing Plan for a fashion brands is a most important
issue.
We focused on choosing the correct area district for our
stores in each city we decided to target. Moreover, we
believed in settling our stores in a high population and
traffic areas in each particular city. Because we knew the
importance of establishing the recognition, thus, they
always attempted to arrange our shops in prestigious
districts neighboring other high clothing manufacturers.
Marketing Plan for Geniusity
Fashion
We have 5 outlets:
1.Gulshan-the headquarter
2.Bashundhara city Shopping mall
3.Uttara
4.Elephandroad
5.Chittagong
Marketing Plan for Geniusity
Fashion
 To make a profitable brand,Every company should
have the Brand Ambasedor.For These purpose we have
a brand ambasedor who is a experienced,specialist on
marketing department.
 He is Salman Hasan,
who have passed his five years job experienced on a
multinational company named NESTLE.
Marketing Plan for Geniusity
Fashion
Major Strategic Planing for Our company:
 Make Flat organizations
 Networking & Communicating with customers.
 Clerar level of responsibilities from consumers.
 Well defined ling & responsibilities.
 Team work with responsible leadership.
 Affordable price for customers.
 Products avilability all over Bangladesh.
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Marketing Strategy
 The strategic plan defines the company’s overall
mission and objective and hopes to achieve
company’s objectives.Through market segmentation ,
targeting and positioning the company decides which
customers it will serve & how.The company also
designs a marketing mix made up of factors under it
control product,price,place & promotion.
Marketing Strategy
 Our companies basic strategy is to cover all of the cities
over the country.
That’s why?
Because we want to keep t-shirts,Polo
Shirts,Jacket & jeans at a affordable price
to all over the country.
Marketing Strategy
 We also target new generation to build a strong
relationship by providing various stylish products.
Marketing Strategy
We want to move customers
towards our products.
That’s why we are offering
new design continuously
Marketing Strategy
We also arrange many fashion
shows for young generation to
entire their mind with our
products.
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Market Segmentation for
Geniusity Fashion
 Our segmentation can be described by the
principles of demographic segmentation.
 The target customer is usually aged 16-30, with a
mid-range income. As part of his/her occupation
fashion trends is usually on top.
Market Segmentation for
Geniusity Fashion
 But not only from a demographic view our
segments its targets, our products are also
designed based on a psychographic view based on
customers hectic lifestyle
There is a list of GENIUSITIS segmentation:
 We have segmented the product on the following basis:
 Geographic Segmentation
 Demographic Segmentation
 Psychographic Segmentation
Geographic Segmentation:
 In this segment Geograph is the main part.
 Weather is the main topic for this types of
segmentation.
 For example –in cold weather area,hot jacket is
preferable but not for hot weather.
Demographic Segmentation:
 Demographic segment is done by according to the
 Age,
 Occupation.
Demographic Segmentation:
 In Our country there is a huge amount of young
generation from 16 to 30,& most of them are college
Or university going.For this reason we have made our
products that preferable for them.
Demographic Segmentation:
 There is a lage number of people in different
occupation,so we also make our products for them by
maintain of their salleries.
Psychographic Segmentation
In this segmentation,we try to produce our Geniusity
products according to the
Life style &
Personality.
Psychographic Segmentation
 In BD, there are difference between City life & Village
Life. Their life Style & Personality is also different.We
have maintained these different life style in our
products according to their different personality.
Customer Targeting
 Targeting in Market is a most important matter for
a companies profit or loss. Our Fashion brand is
new in Bangladesh,for these we can’t target directly
to all class of customer.
Target market:Upper middle
class and middle class
Target Customer
Younger generation,
Male, Female.
Marketing Mix of Geniusity:
Marketing Mix of Geniusity:
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
The meaning of
SWOT:
41
1. S = STRENGTHS
2.W = WEAKNESSES
3.O=OPPORTUNITIES.
4.T = THREATS
SWOT ANALYSIS
 In order to suggest an appropriate entry strategy in the
Bangladeshi market, it can be useful to use a SWOT
analysis.
SWOT ANALYSIS
 Through this model, in
fact, it is possible to
identify the main
obstacles the company
has to face, the tools it
has to overcome them
and the characteristics
that can favour its
success.
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Opportunities:
 1.Online markets offer a huge growth.
 2.Growth in the different site in Dhaka city has huge
potential.
 3.National Expansion especially in emerging market.
 4.Emerging markets offer the best growth
opportunities.
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
Conclution:
 GENIUSITY is a fashion thats we try to listed on top ten all
over the country by maintaining all of the sector that we
described above. Finally we have to announcing the end of
our presention by saying……….” Quality Never Goes Out
Of Style ”
49
Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting
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Fashion marketing : Marketing statement, object,Marketing plan, Marketing strategy,Market segmentation,Marketing mix,SWOT analysis & Targeting

  • 2. Report Presented By the Group of   The Creativity of Friends
  • 3. SL NO. NAME OF THE STUDENT IDENTITY NUMBER 1 S.M.NAZMUL ALAM 131-092-0-135 2 HASAN MAHAMMUD NAYEEM 131-083-0-135 3 SUBHA JUTI MAZUMDER 131-080-0-135 4 ZAHIDUL HAQUE MAZUMDER 131-079-0-135 5 ARJUN GHOSH 131-056-0-135
  • 4. Introduction  Geniusity fashion is one of the leading all kind of Garments Manufacturing & Exporting as well as Garments sourcing agents operating from Dhaka Bangladesh. 4
  • 5. Company Overview  Business Type: Manufacturer,  Main Products : T-shirt,Shirt,Pants,Tank Top,Polo Shirt,Jeans,Jacket.  Location : Dhaka  Year Established : 2011  Total Revenue : 2.5 – 5 million Doller
  • 6. “Quality Never Goes Out Of Style “ Geniusity
  • 7. HISTORY In 2010, we 5 of our friends make a plan for fashion house. We First invested for this fashion brand at the end of 2010. In January,2011 First of all we open our first outlets on Gulshan,that is now our brands headquater. At the end of December 2011, we open our 2nd showroom at Uttara. And finally in the year of 2013, we open two new outlets on Bashundhara city shopping mall & Eliphantroad.We also open a showroom in Chittagong in this year.
  • 10. Marketing Statement of GENIUSITY Fashion  Two types of Statement 1.Mission Statement 2.Vision Statement
  • 11. Marketing Statement of GENIUSITY Fashion Mission Statement: “GENIUSITY encourages the creativity and promotion of individualism through style and fashion at affordable prices.” GENIUSITI’s mission statement itself shows that:  •The business is in clothing industry.  •Its market is all society members.  •Geniusities value and goals are related tosatisfaction the customers matured tastes.
  • 12. Marketing Statement of GENIUSITY Vision Statement: “GENIUSITY will efficiently, competitively, and technologically provide quality and fashionable t-shirts & Jeans at affordable prices for teenagers and young adults, while growing from a small start-up business to a household brand name.”
  • 13. Our Marketing Objects People love and trust our company. We will market and distribute the most appealing and widely available. Our products define quality, style and function. We will clothe the world .
  • 14. Overall marketing objectives: Increase consumer Satisfaction,decrease dissatisfactionof theplus size consumer Increase purchase frequency among plus size customers Increase brand awareness and favorable attitudesamong consumers
  • 16. Marketing Plan for Geniusity Fashion Marketing Plan for a fashion brands is a most important issue. We focused on choosing the correct area district for our stores in each city we decided to target. Moreover, we believed in settling our stores in a high population and traffic areas in each particular city. Because we knew the importance of establishing the recognition, thus, they always attempted to arrange our shops in prestigious districts neighboring other high clothing manufacturers.
  • 17. Marketing Plan for Geniusity Fashion We have 5 outlets: 1.Gulshan-the headquarter 2.Bashundhara city Shopping mall 3.Uttara 4.Elephandroad 5.Chittagong
  • 18. Marketing Plan for Geniusity Fashion  To make a profitable brand,Every company should have the Brand Ambasedor.For These purpose we have a brand ambasedor who is a experienced,specialist on marketing department.  He is Salman Hasan, who have passed his five years job experienced on a multinational company named NESTLE.
  • 19. Marketing Plan for Geniusity Fashion Major Strategic Planing for Our company:  Make Flat organizations  Networking & Communicating with customers.  Clerar level of responsibilities from consumers.  Well defined ling & responsibilities.  Team work with responsible leadership.  Affordable price for customers.  Products avilability all over Bangladesh.
  • 21. Marketing Strategy  The strategic plan defines the company’s overall mission and objective and hopes to achieve company’s objectives.Through market segmentation , targeting and positioning the company decides which customers it will serve & how.The company also designs a marketing mix made up of factors under it control product,price,place & promotion.
  • 22. Marketing Strategy  Our companies basic strategy is to cover all of the cities over the country. That’s why? Because we want to keep t-shirts,Polo Shirts,Jacket & jeans at a affordable price to all over the country.
  • 23. Marketing Strategy  We also target new generation to build a strong relationship by providing various stylish products.
  • 24. Marketing Strategy We want to move customers towards our products. That’s why we are offering new design continuously
  • 25. Marketing Strategy We also arrange many fashion shows for young generation to entire their mind with our products.
  • 27. Market Segmentation for Geniusity Fashion  Our segmentation can be described by the principles of demographic segmentation.  The target customer is usually aged 16-30, with a mid-range income. As part of his/her occupation fashion trends is usually on top.
  • 28. Market Segmentation for Geniusity Fashion  But not only from a demographic view our segments its targets, our products are also designed based on a psychographic view based on customers hectic lifestyle
  • 29. There is a list of GENIUSITIS segmentation:  We have segmented the product on the following basis:  Geographic Segmentation  Demographic Segmentation  Psychographic Segmentation
  • 30. Geographic Segmentation:  In this segment Geograph is the main part.  Weather is the main topic for this types of segmentation.  For example –in cold weather area,hot jacket is preferable but not for hot weather.
  • 31. Demographic Segmentation:  Demographic segment is done by according to the  Age,  Occupation.
  • 32. Demographic Segmentation:  In Our country there is a huge amount of young generation from 16 to 30,& most of them are college Or university going.For this reason we have made our products that preferable for them.
  • 33. Demographic Segmentation:  There is a lage number of people in different occupation,so we also make our products for them by maintain of their salleries.
  • 34. Psychographic Segmentation In this segmentation,we try to produce our Geniusity products according to the Life style & Personality.
  • 35. Psychographic Segmentation  In BD, there are difference between City life & Village Life. Their life Style & Personality is also different.We have maintained these different life style in our products according to their different personality.
  • 36. Customer Targeting  Targeting in Market is a most important matter for a companies profit or loss. Our Fashion brand is new in Bangladesh,for these we can’t target directly to all class of customer.
  • 37. Target market:Upper middle class and middle class Target Customer Younger generation, Male, Female.
  • 38. Marketing Mix of Geniusity:
  • 39. Marketing Mix of Geniusity:
  • 41. The meaning of SWOT: 41 1. S = STRENGTHS 2.W = WEAKNESSES 3.O=OPPORTUNITIES. 4.T = THREATS
  • 42. SWOT ANALYSIS  In order to suggest an appropriate entry strategy in the Bangladeshi market, it can be useful to use a SWOT analysis.
  • 43. SWOT ANALYSIS  Through this model, in fact, it is possible to identify the main obstacles the company has to face, the tools it has to overcome them and the characteristics that can favour its success.
  • 47. Opportunities:  1.Online markets offer a huge growth.  2.Growth in the different site in Dhaka city has huge potential.  3.National Expansion especially in emerging market.  4.Emerging markets offer the best growth opportunities.
  • 49. Conclution:  GENIUSITY is a fashion thats we try to listed on top ten all over the country by maintaining all of the sector that we described above. Finally we have to announcing the end of our presention by saying……….” Quality Never Goes Out Of Style ” 49