How To Launch The Brand

Post on 10-May-2015

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This presentation summarizes How should Topshop enter the Indian market. It complies all the ideas, the marketing strategies, the target consumers etc of Topshop in the Indian market.

Transcript of How To Launch The Brand

HOW SHOULD TOPSHOP LAUNCH ITS BRAND IN INDIA?

The Them

e Behind the AD

campaign

BREAKFAST at TOPSHOP

INSPIRATION OF THE THEME:

• Movie: Breakfast at Tiffany’s•Audrey Hepburn’s styles in her movies of the 60s•Vintage fashion- style of the 60’s•Chanels collection fall 2008/09-Stars

Breakfast at Tiffany’s

http://www.youtube.com/watch?v=urQVzgEO_w8

TIFFANY & CoTiffany's, the jewellery store for which the movie

is named, plays an important part in the life of Holly Golightly. It is the only thing that can cure

her of the "mean reds",that is described by her as a state of anxiety that is worse than just fear.

TOPSHOP

• Aims at doing the same as Tiffany’s.

•Create a world of fairy-tale

• Substitute the customers displeasure with

temptation and desire of looking good.

World of temptation and pleasur

es!!

A fairy tale

experience!!!

!!

EXAMS!!!!!

KIDS!!!!!

BREAK UPS!!!

DIVORCE!

RESPONSIBILITIES!!!

Why The Theme?

80%

20%

Do you consider shopping as a form of entertainment?

YESNO

48%

28%

20%4%

Do you consider shopping as a form of entertainment?

entertainmentattractive VMFestivityMusic

When Mango Entered India

• Newspapers, magazines and banners

• India: young market with few choices

• Hype through word of mouth

When French connection Entered

India • Entered in 2007

• Publicity through: Lakme fashion week

Breakfast at TOPSHOP

When Topshop enters India

Breakfast at TOPSHOP

VISUAL MERCHANDISING

• Use Audrey Hepburn’s style

• TV in the sitting area and cafe showing Audrey Hepburn’s

movies and videos.

• Powder Room- Vintage make up

http://www.youtube.com/watch?v=9HLULsVQrN0&feature=fvw

The Powder Room

The Advertise

ments

THE STYLE TOPSHOP WILL GET TO INDIA

Age of the 60’s

Today’s age

FASHION CAPITALS: Fashion innovators

FASHION FOLLOWERS

In 2006

INDIA UK

In 2008

INDIA UK

What's next?

WHY AUDREY HEPBURN?

84%

16%

Have you heard of Audrey Hepburn?

YESNO

60%

24%

16%

Do you like her styles in her movies?

YESNODONT KNOW

The Vintage

Collection

The Holly’s Collection

ADVERTISING IN INDIA

MEDIUM OF ADVERTISING

• Magazines• News paper

• TV• Radios

WEAK

STRONGEFFECTIVENESS OF MAGAZINES

STRONG

WEAK

EFFECTIVENESS OF radios

•Considered a weak medium to advertise- NO VISUAL

• 76% customers have chauffer driven cars

• 88% customers listen to radios in the car

• Pay attention to the radio ads

• Promotional deals should be advertised

STRONG

WEAK

EFFECTIVENESS OF tv

•Value retailers advertise on TV: advertise their pricing

• High-street retailers don’t advertise on TV

• TV ads are short

• TV ads: show the product and its usage- High street brands can not do that.

• Scope of selective attention is less

•Mind is easily diverted and hence ad forgotten

WEAK

STRONGEFFECTIVENESS

OF newspaper

• Promotion: covers social scenes on Page 3

• 96% of the target market reads this news paper.

•100% of the young market, 14-25 years, are regular

with this newspaper.

WEAK

STRONGEFFECTIVENESS

OF banners

• 76% target customers have chauffer driven cars

• Probability to notice ad on the road: HIGH

•AD stimulates desire- selective attention

• Easily reachable as the customer is already outside

Topshop’s innovative Advertising

NEVER BEEN DONE

BEFORE

TOPSHOP

Breakfast at TOPSHOP

Breakfast at TOPSHOP

The PR eventWill you join us to

have Breakfast at

Topshop?

The goody bag

Counterfeiting• Imitation of clothes

• Illegal as it infringes trademarks, IPR etc.

• India: cheap tailors available

• Easy to copy designs and sell them cheaper

• Many small boutiques: unorganized retail sector

Counterfeiting- is it a

threat?•

• Not a very big threat to the high street retailers

• High street retailers: FAST FASHION

• High street retailers: contemporary and missy fashion

• Topshop: new stock out in three weeks

•Gives the boutiques small time to copy the stock- small scale operation

• Customers not sure where to buy the counterfeited garments, and weather it will be copied

Indian consumer

AGE 16-35 years

LEVEL OF EDUCATION Well educated

SEX Female

SOCIAL CLASS Upper middle class

TYPE OF RESIDENCE Owner of Houses

MARITAL STATUS Single/Married

Target Customer

14-24•Shopping is a form of entertainment- 100%

• Have their own car in Delhi- 56%

• Chauffer driven cars- 92%

• Listen to radio in car- 92%

• Gets influenced by looking at ads to visit the store- 96%

• Brand Conscious- 52%

• Chose quantity over quality

• Compromise on quality over price

24-35• Shopping is a form of entertainment- 60%

• Have their own car in Delhi- 96%

• Chauffer driven cars- 76%

• Listen to radio in car- 84%

• Gets influenced by looking at ads to visit the store- 92%

• Brand Conscious- 68%

• Chose quantity over quality

• Compromise on price over quality

Priority

• Targets 14-24 in particular: young and contemporary fashion

• 25-35: 60% housewives, biggest consumers of entertainment industry.

• 25-35 years: high spending power

Aim of the Ad Campaign To get 30,000 customers within the first one

month of the launch.To generate a sales of $550,000 within one

month of the launch.

Financials• TOTAL EXPECTED SALES = $550000• Launch party= $ 20000• AD and distribution= $50000• PR= $50000• TOTAL INVESTMENT MADE= ($120,000)• AVERAGE MONTHLY FIXED COST= ($ 340000)

PROFIT = $90000

Thank you for having Breakfast

at TOPSHOP