abhishreshthaa
Abhijeet S
OBJECTIVE
METHODOLOGY
RECOMMENDATIONS
FINDINGS
CONCLUSION
- The objective of conducting the research was to put a figure to the sale of branded jeans in retail outlets versus malls and resultant opportunities.
- COLLIGERE collaborated to quantify the size, character and make up of consumption of branded jeans in Mumbai.
- Mumbai is the heartland of fashion, style and trend setting
- Mumbai is the birth place of fashion and the core of glamour world.
- The pot pouri of varied cultures, bollywood music etc., has increased an individual's fashion consciousness.
- Mumbai is one of the most important markets for fashion brands who want to establish themselves.
METHODOLOGY
- The initial study began with the collection of secondary data from all possible sources. This was followed by a series of surveys conducted by all members of COLLIGERE.
- As part of our survey, we interacted with 100 customers, 12 department stores/ malls and 6 head offices across the city of Mumbai.
- While analyzing the collected data, due care has been taken to co-relate it from every possible angle to minimize the possibility of human error.
RECOMMENDATIONS
- Based on our analysis of the brands of jeans that people wear, brands like Ragz (4), UniStyle (4), SF (6), Live-In (4) and Weekender(2) should concentrate on promoting their brands. They could do this by advertising on TV, radio, billboards, hoardings, etc.
- Live-In Jeans was introduced in the market with an advertisement on television featuring Dino Morea which was successful in capturing the mind-share but seemed to be the last we saw of Live-In.
- therefore, the above mentioned brands should carry out recognition and re-enforcement campaigns in order to make their mark and remain in the minds of consumers.
FINDINGS
- Our findings reveal that Pepe was the most available band even though Levi’s was the most popular and demanded pair of jeans.
- Hence, Levi’s should consider making their products more available, especially in Malls so that they could meet the needs of their customers in almost every vicinity.
- Some of the main reasons why people are inclined towards purchasing at Stand-alone Retail Outlets are personalized attention, relationship with the staff and the wide variety of a single brand.
- Hence, malls should try and incorporate the above mentioned important factors.
- Out of the respondents who opted for a single brand approximately 70% wear Levi’s indicating who successful Levi’s has been in developing brand loyalty. Therefore other brands should consider Levi’s as the benchmark and tread along the same path.
- Special offers should be held more often by both Malls and Retail Outlets. Concurrently they should also be promoted aggressively.
- Similarly, seasons collections should be promoted to increase awareness among customers.
- Tommy Hilfiger is a Super-Premium band with their Jeans in the Rs. 2000 and above bracket. From our analysis we found that 58 respondents aspire to wear Tommy Hilfiger Jeans.
- Hence, they should try and penetrate into the premium brand jeans category (Rs. 1000 – Rs. 2000).
- Malls and Stand-alone Retail Outlets alike should have a data base of their customers with their names, addresses telephone numbers, birthdays and anniversaries. Using this data base, they could add-in that personal touch by sending them a card on their birthday, maybe with a gift voucher a few days in advance.
- This is because birthdays were rated as one of the main reasons why people purchase branded jeans.
CONCLUSION
- As avid young market researchers we have concluded and learnt more than we had set out to. Branded jeans are a major chunk of the apparel segment.
- The consumer behaviour of the branded jeans market is quite generic towards almost any apparel consumer behaviour with minor yet significant differences.
- Through our project we have learnt these differences and have gone on to broadly understand the finer aspects of this segment.
- Our observations, analysis and recommendations should be of significant use not only to the marketers, but also to the manufactures, retailers and consumers.