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There is Something
for Everyone
LETTER OF
ACKNOWLEDGEMENT
completing
a course as comprehensive
Explicitly
as
Marketing Management, I owe a debt of gratitude to my
teacher, Mr. Shahid Zaki. I have been greatly aided by
him, through out the semester.
In addition to this, while developing this report I was
provided with all the required information and guidelines
by Miss Sumaiya Ansari. Without her support, my
report would not have been possible.
I therefore is greatly appreciative for the wonderful
support that I have received from Mr. Ejaz (Aijaaz) and
Mr. Shamon Sultan(Khaadi).
I have also been fortunate enough of doing this plan at
my own.
Faithfully
Syed Ahsan Ali Shah
2007-1-05-7581
MBA - MM
What is Zambeel?
Zambeel is an existence idea of reviving the craft of hand woven
fabric and designing trendy clothes according to the needs of the
people of current era. Zambeel will make its own niche with its
large palette of colors, finesse of the hand-woven fabric itself and
an overwhelming range of products. Zambeel only works with
natural fibers such as Cotton and Silk.
From a small number of weavers, Zambeel has going to start
manifold, with numerous able hands crafting a wide array of
products. Zambeel has its own dyeing unit, where all the thread is
dyed to keep the quality of the thread up to the mark. Zambeel
has an in-house stitching unit as well, which facilitates the
designers to create new designs in the products.
Zambeel has a fully equipped design studio, with a team of highly
trained designers, who make sure they bring out their best in their
work, in order to make their products stand out.
All the designers are graduates of Indus Valley School of Art &
Architecture & Asian Institute of Fashion Designing, majoring in
Textile & Fashion Design. Since they are all acquainted with each
other, because of the school itself, the working environment of the
design studio is quite welcoming.
Its Inception
Situation Analysis
Zambeel is entering in its first year of operations and marketing
will be the key to the development of brand and product
awareness as well as the growth of the customer base.
Zambeel offers several hand woven clothes of different designs.
Its currently working on the direct-to-customer approach which
will allow it to achieve higher margins and maintain a close
relationship with the customers and which will help Zambeel to
produce products which have the actual market demand.
Market Demographics
SEGMENT MARKETING
NICHE MARKETING
MICRO MARKETING
High quality
Stylish or fashionable
Targeting
Not all segmentation is useful. To be useful, Zambeel has ensured
that its segmented market is:
Measurable: The size, purchasing power and characteristics of the
segments can be measured.
Substantial: The segments are large and profitable enough to serve.
A segment should be the largest possible homogenous group with
going after with a tailored marketing program. It would not pay, for
example, for an automobile manufacturer to develop cars for people
who are less than four feet tall.
Accessible: The segments can be effectively reached and served.
Differentiate: The segments are conceptually distinguishable and
respond differently to different marketing-mix elements and
programs. If married and unmarried women respond similarly to a
sale on perfume, they do not constitute separate segments.
Actionable: Effective programs can be formulated for attracting and
serving the segments.
Geographic
After analyzing the market profile, Zambeel has
situated its outlet in location, which are accessible to its
customers fulfilling one of the broad categories
explained earlier. With such a view in mind, Zambeels
outlets is located in zamzama in Karachi.
Region
:
Karachi
Demographic:
Zambeel segments its market on the basis
of a wide number of vital statistics such as
age, income, social status and education.
It started its operation in Karachi, which is
the most affluent city in Pakistan.
Zamzama
Gender
Demographic
Segmentation
Male and Female (both)
Age
0-5, 6-10, 11-15, 16-20, 21-25, 2630, 31-35, 36-40, 41-45, 46-50, 50
plus.
Social Class
Income
Occupation
Psychographics
Psychographic segmentation is based on a number of dimensions
such as life style, personality, characteristics and values. With
respect to Zambeel, we are basically divided into different segments.
People seeking traditional yet unique designs and originality.
People with preferences to unique colors.
People on the look for chic and trendy upholstery
It is considered to be one of the preeminent options available for
various items made of fine and high quality material
Personality
Consumer Behavior
For our target audience, which is upper and upper
middle class, the buying behavior of ZAMBEEL is
variety seeking Buying Behavior in which there is low
involvement and significant brand differences. The
reason why it is low involvement is because, for its
relevant target audience, less is at stake. Since, in
case of involvement, its the stake that matters and not
the price. Here, consumers often do a lot of brand
switching and this is the main reason we choose the
product without doing much evaluation.
High Involvement
Low involvement
Significant differences
between Brands
COMPLEX
BUYING
BEHAVIOR
VARIETY
SEEKING
BUYING
BEHAVIOUR
Few differences
between Brands
DISSONANCEREDUCING
BEHAVIOR
HABITUAL
BUYING
BEHAVIOR
Social factors
Reference group
Family
Personal factors
These factors include age and stage in the life
cycle, occupation and economic circumstances,
lifestyle, personality and self-concept. All these
factors play a very important role in the
purchase of anything, be it clothes even. A
persons sense of dressing tells a lot about his
personality, which is why people are often very
conscious about it. For example, a young
female, of around 22 years of age, belonging
to a respectable family, eligible for marriage,
would definitely want to dress up well and look
good.
Occupation and
economic circumstances
Lifestyle
Motivation
Psychological Factors
Motivation, perception, learning, beliefs and
attitudes are key factors that can influence a
need in personality. A belief is a descriptive
thought that a person holds about something.
Having to afford, family status etc, could be
the prime factors that lead to the purchase of
Zambeel clothes.
Perception
Learning
Beliefs
Attitudes
Search for a
product
Evaluation of
alternatives
Purchase
Decision
Post purchase
behavior
Market Needs
Zambeel is providing the hand woven community with a wide
range of variety. Company seeks to fulfill the following benefits
that are important to its customers
Quality craftsmanship:
Every one work hard for its money and usually do not enjoy
spending it on disposable products that are not durable and
even stylish.
Well-thought-out designs:
The clothes of hand woven market is still not been addressed
by well-though-out products. Zambeel industry experience and
personal dedication to this market will provide it with the
needed information to produce high quality products
Customer Service:
Exemplary service is required to build a sustainable business
that has a loyal customer base.
SWOT Analysis
The following SWOT analysis captures the key strengths and
weaknesses with in the company and describes the
opportunities and threats facing Zambeel.
Strengths:
Weaknesses:
The dependence on outside funds required to develop
the business.
A short of sellers who can work face-to-face with the
customer to generate brand and product awareness.
The difficulty of developing brand awareness as a startup company.
SWOT Analysis
Opportunities:
Threats:
A fall in the economy that might have a depressing
effect on peoples spending of optional income on these
products.
Expected latent competition from an previously
established market contestant.
Mission Statement
As the organization is still in early years of its life and quite juvenile we
dont have a formalized mission statement as yet. Zambeel believes
that:
Value Defined
It is the difference between the total customer benefits and total
customer cost.
Benefits
Image
Cost
Monetary
Cost
Personality
Energy
Cost
Service
Ordering ease
Shop on the web
Made to order clothing to suit
personal needs
Time
Cost
Product
Khaddar
Handloom fabrics
Kurta / Shalwar Kameez
Accessories
Jewelry
Three piece famine suits
Brand
Psychological
Cost
Zambeel
Zambeel believes that the female sex is more inclined towards fashion and they
know where to spend and what to expect in turn for their money. This belief is
evident as our designers focus more on feminine merchandise. It not only offers
feminine patterns and motifs but female handbags, short kurtas and other
accessories such as wallets and folders.
Zambeels management comprises of textile designers rather than dress designers.
Their focus is on innovation and difference rather than the cuts and shapes of their
shirts and kurtas.
Short shirts and Kurtas are the specialty at Zambeel. Each design at Zambeel is
produced in a limited quantity and then discontinued for individuality.
Zambeel has a fully equipped design studio, with a team of highly trained
designers, who make sure they bring out their best in their work, in order to,
make their products stand out.
Zambeel cash control system, is fully equipped with high tech laser reading
technology. Such a system not only saves the valuable time of customer, it
also helps in making the whole cash collection and disbursement system
transparent.
Local weavers
and crafters
Zambeels
In-house stitching
Consumers
Core Competencies
Threat of Entry
Threat of Rivals
Threat of Substitutes
Threat of Suppliers
Threat of Buyers
Competitive Strategies
Through Vertical Integration
Direct Competition
Khaadi
Aijaaz
Khaamta
Sana and Safinaz
Other designers have also come up with similar concepts of handlooms for
example, Khaadi has also his own hand woven fabric line and it has 60%
of market share right now. More and more people are coming up with such
ventures but this is only more favorable to Zambeel as people notice the
difference in value, superiority and excellence we are offering. Hence, people
come back to Zambeel for more. An example like this is Khaddi which is a
similar concept and the outlet is also located near Zambeels outlet at
Zamzama; but there is no comparison between the sales of the two.
Indirect competition
Deepak Perwani
Jazib by Monia Farooqui
Maria B
Hasan Shahreyar Yaseen
Sonia Batla
Nomi Ansari
Munib Nawaz
Local, cheap priced products by unknown manufacturers
Variation, uniqueness and inimitability are the factors that form the essence
of Zambeel. These days the local markets are flooded with low quality and
cheap priced Zambeels joras. These are the machine made, low quality
look-a-likes sold to people, deceiving them as these are neither hand-made,
nor do they provide variations in designs.
Zambeel is planning that it was very important to have separate outlets for his
products and that the working area must be clearly defined. We want to bring all
the weavers into work at one central location.
Everybody who is in the business are mostly operating out of their own homes and
designers and weavers also prefer to stick to their own shops. So this is exactly
what Zambeel doing it allocates a central space for the weavers to work from and
this
is
how
it
starting
off.
Zambeel is following market leaders strategies and thus aim at maintaining and
further expanding its market share.
Flank strategy
In an industry, different companies are under the influence of offensive warfare,
treating each other as enemies. The enemys weak spots are natural targets. This
leads to flanking which is further directed into Geographical or Segmental
dimensions.
A glimpse of Zambeels strategies throws light on their Segmental Flank Attack.
This is due to the reason that Zambeel is serving certain uncovered market
needs/segments.
Zambeel believes in modern marketing with a purpose to discover needs of their
target audience and satisfy them. In order to do so, Zambeel identifies shifts in the
market segments and attempts to fill the gaps caused by them. This in turn gives
Zambeel the opportunity to develop strong segments.
Defense strategy
The defense strategy of Zambeel is that of
Positioning. We are going to position ourselves in a
way that provides us with superior as well as
unique outlook in the consumers minds. The flanks
used by Zambeel compliments its positioning
strategy as the center of attention is their
unstitched material along with stitched kurtis for
both the genders. In spite of the fact that Khaadi is
the market leader, it applies flanks such as
accessories pertaining to women wear like sandals
and purses, home-textile items such as bed-linens,
table mats, place mats, floor mats and other items
such as albums, folders and note-books.
Purchase
Clothes
Share
Feelings
L
M oc
an al
uf
t.
ZAMBEEL
Wear
Clothes
Feel
Satisfied
Khaamta
Hasan Sheharyar
Ba
tla
i
m
o
N
ri
a
s
n
A
Maria B
Munib Nawaz
J
az
ib
Khaadi
S
on
ia
Aijaaz
Group A
Khaadi
Quality
Group B
Aijazz
Khamta
Sana & Safinaz
Group C
Deepak Perwani
Maria B
Group D
Low
High
Vertical Integration
Sonia Batla
Munib Nawaz
Local Manufct.
High
Low
60%
Leader
Khaadi
Challengers
20%
15%
05%
Aijazz
Khaamta
Sana & Safinaz
Followers
Deepak Perwani
Maria B
Nichers
Local Manufacturers
Product
Quality
Product
Availability
Technical
Assistance
Selling
Staff
Khaadi
E
F
Aijazz
G
G
P
E
Khaamta
Mind Share
2006
2007
Heart Share
2005
2006
2007
2005
2005
2006
2007
Khaadi
47%
52%
60%
35%
55% 57%
Aijazz
31%
27%
22%
40%
40% 36%
22%
23% 21%
Khaamta
12%
15%
10%
10%
11% 08%
18%
12% 12%
10%
06%
08%
15%
08% 06%
09%
09% 10%
Differentiation
Features:
Zambeel can be differentiated by the art of redefining Khaddar
completely and by using specific hand woven fabric that is
used as the main product.
Durability:
The products available at Zambeel are durable in terms of the
products operating life. The colors and the fabric, both remain
intact even after frequent washing.
Design:
Zambeels fabrics are available in a wide range of colors with
different attractive, striking and attention-grabbing designs
and motifs, which, apparently makes it different from all its
competitors. Catering to the adult section of the society
Zambeel has the mature and urbane looks that the corporate
class needs and craves for. At Zambeel jacquard looms give
the facility to create unique motifs and designs.
Style:
Zambeel provides its customers with elegance and style and
as mentioned earlier, its products are said to be classy and
unique, which gives its customers self-confidence.
Differentiation
Engage into more selling and promotional activities such as seasonal sales,
discounts, advertising through billboards and television etc. It can also
seek a deal with a marketing agency so that our promotion and campaigns
are taken care of.
We also hold fashion shows in order to promote more of the Zambeel
products and that would also be able to catch more attention.
Dealing with the competition is based upon customer value analyses rather
than choosing the weakness of the competitors and attacking them there.
Since the scope is limited, a point may arise where there is no where else
to attack the competitor. In customer value analysis the major strength
and weaknesses of the company is revealed. In this sort of analysis the
company finds out about
The company has a close look out for the new entrants in this market. To
compete with them has to keep on improvisation with time.
Services Differentiation
Differentiation on the basis of the benefits:
It successfully differentiates its products by providing superior
quality, style and design. Zambeel has brilliantly adopted this
differentiation as it is aimed to provide style and quality to its
much valued customers.
Ordering ease:
Zambeel makes made-to-order custom pieces for the
customers, giving them chic and stylish fabric and altering
clothes as per their requirements. Since establishment to date
Zambeel offers excellent quality to its customers. Zambeel has
exclusive motifs which can not be copied by other
competitors, making it a technology leader in its respective
target market as well.
Image Differentiation
Symbol: The brand name ZAMBEEL itself is a sign of difference.
Atmosphere: The environment of Zambeel outlet depicts a cultural blend of
colors, diversity in design and style. It makes you feel part of it and its
traditional outlook shows how its style and design preserves our cultural
heritage.
Monotony in the designs is the major turnoff. Customers like variety and
repetitive designs can cause boredom and can propel customers to switch
brands. Zambeel introduces new variety in designs keeping with the essence
of the brand.
Zambeel adds a slogan or tag line, which will help in making its brand
stronger and it will ultimately help the company in increasing its customer
retention.
Zambeel continuously revisit and reevaluate market segmentation in order to
explore new market opportunities and make our brand equity grow. If we
continue recognizing the same market segmentation scheme, a time will
come, where our existing market segment become obsolete, so the buyer will
become more aware of changing trends and new markets begin to emerge.
Branding
Branding Decision
Brand
No Brand
Brand sponsor
Decision
Manufacturer
Brand
Distributor Brand
Licensed Brand
Individual Name
Blanket Family
Name
Separate Family
Name
CompanyIndividual Name
Brand Strategy
decision
Line Extension
Brand Extension
Multi Brands
New Brands
Co-Brands
ZAMBEEL
Symbol
Designers
Fine Arts
Graduates
Brand Features
Attributes
Benefits
High
fabrics
Values
delivering
Culture
eastern
culture
Personality
colorful
cultural personality
made
Hand
Users
Benefits |
Brand Equity
Brand equity means that what amount of extra money people are
willing to pay for your product with respect to your competitor.
According to Zambeel, we are in our early juvenile stage, and are in
the process of building up brand equity. We are striving for the
market share and the brand equity by differentiating ourselves
through better services and better value through enhancement of
our products quality, designs and trends.
Our unique selling proposition, that is hand woven fabrics, hand
made scandals, and made to order jewelry is one of those many
reasons, explaining why Zambeel expecting a sufficient number of
brand loyal customers comparing with our other mostly in-direct
competitors.
Another reason, of having good brand equity, is our impressive and
rich brand portfolio. Which includes a number of items or products,
with the huge variety to choose from, under one roof.
We are busy building our brand equity, by expanding our business to
different cities of Pakistan and even striving to make a name for his
brand by entering European Markets.
Brand Extension
Zambeel put forward three basic products under the same brand name:
Apparel
Home textiles
Accessories
Made to order jewelry
Apparels
In the line of apparel, Zambeel
has fabrics for both males and
females. Product features are
pure cotton and silk fabrics, and
also has motives and Naqshi on
it. In stitched ready to wear range
of
apparel
we have male
Kurtaas, female short kurtis,
pants and stoles.
Home textiles
Home textiles diversify into bed
covers, cushion covers; floor
mats rugs, table mats, table
clothes, place mats, quilts,
window blinds, bed linen etc.
Accessories
Accessories
also
range
from
beautiful pouches, wallets key
chains, folders, note books writing
pads, photo albums, handbags etc.
Jewelry
Brand extension:
Zambeel needs more brand extension
to cover the targeted segment and to
compete with other designer offering
same products such as they can
introduce bridal and formal Sherwanis
for males.
Brand equity:
We go for market development
strategy, and aim at exploring different
other segments largely geographically
using the current line of products, this
will help us increase our customer
equity and ultimately brand equity.
Pricing
Perceived-value pricing
Quality
Zambeel does not compromise on quality, hence the actual raw materials cost
are rather higher. Secondly the process of creating the fabric itself is quite
expensive. Initially the greige thread is dyed and we have our own in house
dying unit which provides the facility of quality dying and color. After that the
technical phase starts i.e. thread is wound into conical warp according to the
designs. From there it is taken to the loom and the whole knitting knotting
and creation process is set up.
Labor
As the whole creation of the fabric involves hand work rather than
machines, the labor is highly skilled and expensive as well. Initially
Banarasi weavers were hired but we prefer to work closer to our
homes. The general income level was approximately 4500 rupees
already. Traveling about 40km to work every day was an unfeasible
proposition for them and they had to be offered a much higher level
of income from us.
Overheads
A large fraction of the cost lies in the overheads. When you work
from a composite unit, like Zambeel does, overheads are bound to be
higher. As the production unit is mainly in Karachi.
Secondly
Zambeel has employed over 30
Handlooms and we are constantly looking to increase production
further, so it would be a great hassle to have dispersed over the city.
By-product pricing:
A smart move made by Zambeel is the usage of the left over fabrics
and materials. Majority of the textile producing houses just sell of the
left over materials to the local market and it is sold at a cheaper
price there. As Zambeel fabric has to be kept exclusive the extra
materials are used to create a wide variety of elaborate accessories.
These ranges from colorful handbags, pouches and matching wallets
to picture frames, photo albums, diaries, folders etc.
HIGH
HIGH
P
R
O
D
U
C
T
Q
U
A
LI
T
Y
Premium
Strategy
MEDIUM
LOW
Overcharging
Strategy
Rip-off Strategy
MEDIUM
High Value
Strategy
Medium Value
Strategy
False Economy
Strategy
LOW
Super Value
Strategy
Good Value
Strategy
Economy Strategy
Distribution
Distribution Network in Karachi
The distribution channel of Zambeel is
the integration of its manufacturing
units, warehousing and retailing. It
starts from the manufacturing unit
which consists of
Local weavers and crafters
Dyeing units
In-house stitching
All of the above manufacturing units are
owned and operated exclusively by
Zambeel. This set of manufacturing
units then connect to the ware-houses,
from where the finished products are
delivered to outlet located in Zamzama.
And from the retail store, the customers
purchase their desired products.
MANUFACTURING UNIT
WARE HOUSE
ZAMZAMA
CUSTOMERS
VERTICAL MARKETING
SYSTEMS
A vertical marketing system comprises the producer,
wholesalers, and retailers acting as a unified system.
One channel member, the channel captain owns the
others or franchises them or has so much power that
they all cooperate. The channel captain can be the
producer, the wholesaler or the retailer. We achieve
economies through size, bargaining, power, and
elimination of duplicated services.
In case of Zambeel, it follows a corporate vertical
marketing system, as the successive stages of
production and distribution is under single ownership.
We do our manufacturing themselves and have got
our own warehouse and retail outlet and so we
directly deals with our customers. Zambeel itself
directs the manufacturers i.e. the labor force which
weaves the cloth, etc, work for Zambeel, and depend
on it to give us instructions and guide us. We have our
own retail outlet, located at major city of Pakistan.
And from this outlet, customers buy their products.
Integrated Marketing
Communication
SALES PROMOTION
PUBLIC RELATIONS
PERSONAL SELLING
Direct Marketing
Broadcast ads
Public Relations
Sales presentation
Catalogs
Prints
Press kits
sales meetings
Mailings
Package outer
sampling
speeches
Incentive programs
Telemarketing
Packaging inserts
Seminars
Samples
Electronic shopping
Motion pictures
Exhibits
Annual report
shows
TV shopping
Demonstrations
Charitable donation
Fax mail
Coupons
Sponsorships
directories
Rebates
Publications
Voice mail
Reprints of ads
Low-interest financing
Community relation
Billboards
Entertainment
Lobbying
Display signs
Trade-in allowances
Identity media
Point-of-purchase
displays
Continuity program
Company magazine
Audiovisual material
tie-line
Events
Logos
Prints:
When ever a new product or an out-let is launched
we advertise it in local leading news papers such as
Dawn, The News etc; keeping in mind the relevant
target audience.
Billboards:
Our billboards are situated at selective locations.
They standout on Shahra-e-Faisal and Khayaban-eshamsheer (Defense).
Logos:
Zambeels logo depicts a true image of the
products they sell, as it identifies thread work from
which Khaddar is made.
Catalogues:
Zambeel publishes a yearly catalogue featuring all
its designs in all the products, there pricing,
availability details. And it also covers interviews
and details of Zambeels future plans.
Expense Forecast
The expense forecast will be used as a tool to keep
the department on target and provide indicators
when corrections/modifications are needed for the
proper implementation of the marketing plan
Marketing Expense Budget
Advertisements
Rs. 500,000
Website
Rs. 300,000
Print Material
Rs. 200,000
Rs. 1,000,000
Control
The purpose of Zambeels marketing plan is to a
guide for the organization. The following areas will
be monitored to assess performance:
Marketing Organization
Zambeel will be responsible for its own marketing activities.
Contingency Planning
Risks:
Entry into the market by an already established market
competitor
Determining that the business cant support itself on an
ongoing basis