elements
TRANSCRIPT
ELEMENTSFINAL PRESENTATION
SYNOPSIS
Company profile
Made to measure
About the research Interpretation Analysis Recommendation Conclusion
Online ProcessBenefits
CompetitiveSWOTAnsoff
InvestmentsOperationsBrandingMarketingPromotions
MakingTeamClients
Elements in the making
1. Elements Brand Merchandising (EBM) 2. Elements Design Lab (EDL)3. Made to measure Online
The Management Team
Vicky Jain, Managing Director (Marketing)
Mayur Jain,Managing Director (Operations)
Top Clients - EBM
EBM – Facebook Page
Top Clients - EDL
Cream Stone Jagdamba Scoops IKraft
Online Process
• Quality
• Expertise
• Fitting
• Customization
• Variety
• Doorstep delivery
About the research
Purpose Gather Primary DataObjective Target group and consumer preferenceLimitation Consumers mostly belong to the age 20-25 City HyderabadSample Size 110 consumersTarget Group 20-25, 26-34
Interpretation
Interpretation
Tailorstore (5) Creyate (1) Tailorman (2) 16 Stitches (4) Bombay Shirts Company (4)
Venzenti (4) Black Lapel (4)
Home Page Optimum layout Simple Layout Un-appealing Un-appealing Traditional Layout Classic Layout Elegant LayoutHero Banner Basic Banner Basic Banner Motion Banner Motion Banner Motion Banner Motion Banner Basic BannerFabric Display Mediocre Low Appeal High Appeal Low
AppealHigh Appeal High Appeal High Appeal
Categorization Perfect Color, patter,collection
Limited Impressive Limited Un-appealing Unique and attractive
Product Range Medium Variety (Shirts, trousers, suits & jackets)
Medium Variety(Shirts,suits,Jeans & chinos)
Medium variety (Shirts, suits & Jackets, chinos, trousers)
Low Variety (Only Shirts.)
Low Variety (Only Shirts.)
Low Variety (Suits, Shirts, Pants)
High Variety(Shirts, suits,jacketsAccessories, Jeans & chinos)
Real Time Experience
Zoom in, Zoom out
One page per step
Drop down Unappealing Slow 3D model Look + Fabric
Absence of 3D model
Delivery and Customization Time.
14 Days,25 mins
-------20 mins
14 Days,30 mins
14 Days,12mins
14 days,50 mins
14 days, 15 mins
4-5 weeks,12 mins
Style Guide Unappealing N/A N/A 5 Step guide N/A 3 easy steps Look of the weekHome Visits N/A Available Available Travelling tailor Available in Bombay N/A N/A
Free Shipping Trusted brand for shipping (UPS)
‘Delivery at your door step’ promise
Transparent policies Policies are not elaborate
‘Emergency delivery’ option
No info available. 4 weeks guaranteed delivery
Blogs ‘The Wardrobe Challenge’
Interesting articles Inactive since 2013 N/A Frequently updated with achievements.
N/A The Compass
Visibility on Social Media/press
Moderately Active Very active on social media only
Rarely Active Very active on social media only
Highly active Very active on social media only
#SuitCity Gallery
How it Works (Tutorial)
Simple and easy depiction
‘The Creyate Concept’ Video
Unappealing The perfect Interactive video
Interactive video but a little too flashy.
3 step explanation ‘Quick email responses
Interpretation
SWOT Analysis for Elements
Strength
• Distribution channels
• Experienced tailors
• Availability of resources.
• Brand building
Weakness
• Repeat purchases
• Self-measurements
• Low Price range
• Privacy concerns
Opportunity• Easy navigation
and the ease to edit the shopping cart
• Tier two cities• Hard-to-get
sizes• Adaption of
competitors• Home visits and
garment pickups
Threat
• Huge customer base
• Unreliable shopping online
• Late entrant• The perfect fit
challenge• Low time
duration
Ansoff Model for Elements
DiversificationMarketDevelopment
Product Developmen
t
MarketPenetration
1. More purchase from and usage from existing customers 2. Gain customers from competitors3. Convert non-users into users
1. Product modification via new features
2. Different quality levels3. New Product
1. Joint ventures2. Mergers
3. Acquisition/takeovers
1. New market segment2. New distribution channel3. New geographical areas
Recommendations
Investment• State of the art
Tech.• Skilled Tailors• Acquire Vitruvien• Merge with 16
Stitches• Outsourcing
Operations• E-Wallets• PayPal• Encryprion• Production Costs• Customization• Web Layout• Quality Control
Branding
• Awareness Program
• Brand Image as leader
• Loyalty Program
• Purpose• Consistency• Emotion
Marketing
• Relationship • Repeat
Purchase• Email • Social • Event• Viral
Promotions
• Billboard• Free Brochure• Bundle Pricing• Seasonal• Home Visits• Garment Pickups
Promotional StrategiesBILLBOARD ADVERTISING
Tri-Fold BrochuresFor Net-Worth Clients
Bundled PromotionsThe Complete Package
JACKET + SHIRT + TROUSERS + TIE
= 18,113 16,999 ONLY
Solid Blue Tie
₹2,574
CONCLUSION
CLIENT PROJECTS
Chai Paani
WOMEN’s DAY wishes by Elements
THANK YOU