Kids wear industry in india
Transcript of Kids wear industry in india
Overview
• In this presenta6on one would be able to know the emerging trends in Ecommerce Industry and the growth of sale in Kids wear sec6on in Online Domain.
• What are the trends in Kids Wear in Online Domain • We would also analyze the compe66ons (based on internal research)
• How does oxolloxo fits the bill for kids wear • Conclusion
The E-‐Commerce sector has seen unprecedented growth in 2015 & would con6nue to witness the same. The growth was driven by rapid technology adop6on led by the increasing use of devices such as smartphones and tablets, and access to the internet through broadband, 3G and other such services which led to an increased online consumer base. The growth was also witnessed due to heavy investments by Ecommerce Companies across the Media to increase the awareness and market share. Furthermore, favoured demographics and a growing internet user base helped aid this growth. In terms of highlights, the growth shown by home-‐grown players and the huge investor interest around these companies displayed the immense poten6al of the market.
E-commerce industry in India
Kids wear market in India Children's apparel includes clothing for kids between 1 and 14 years of age. The market for kids' apparel in India exceeds Rs. 13000 crore, of which around Rs. 3000 crore is cons6tuted by branded kids' wear. The kids' wear market is growing at the rate of 10% per annum, which makes it one of the fastest growing markets. Armed with this knowledge, popular apparel brands are coming up with new collec6ons that will appeal to kids.
Clothing: Q2 2015 AucBon Metrics Update
Source: Google internal search data, based on pre-‐categorised queries for the Clothing. Note: In-‐quarter metrics for Query Volume and Ad Depth are only available.
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Queries (Q2 2015 Y/Y: 58.09%)
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$0.00
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Impressions (Q2 2015 Y/Y: 45.26%)
Clicks (Q2 2015 Y/Y: 59.45%) Actual CPC (Q2 2015 Y/Y: 0.08%, Avg:$0.12)
About Oxolloxo • Oxolloxo is a premium exclusive online Fashion Retailer brand from the house of KPA Apparels Pvt. Ltd.
• It is a global lifestyle brand that provides quality fashion apparel to our customers worldwide. • The name “Oxolloxo” itself is unique. Pronounced as ‘Oksa Lock So’, it is a first Fashion Palindrome.
• Oxolloxo also offers products varying from kids wear, maternity wear, plus size clothing which differen6ates it from others.
Product • Deals in Apparels for Women, men & Kids. Not only this, they also have exclusive collec6on of plus size clothing. • All clothes & apparels are made from finest quality materials and are known for their look, natural colour combina6on, and latest fashion trends.
Price • Oxolloxo prices its products at a very compe66ve price pertaining to the exis6ng compe66on. • The current pricing strategy contributes a good sum to the turnover of the organiza6on. • One would be amazed at the prices they are offering kids wear, you can get a cute dress at INR 500 only.
Place • Products offered by Oxolloxo reach to its strong consumer base that is spread over all the four corners of the na6on. • Oxolloxo enjoys a good distribu6on network due to which it delivers its services Pan India. • Oxolloxo has 6es with one of the topmost courier agency to ensure 6mely delivery & maintain the intactness of the product.
Promotion • Currently Oxolloxo is offering 70% of on their exclusive kids wear collec6on. Such as dresses for kids, shirts for kids and lots more. • Social media plakorms like Facebook, YouTube. • Offers, contests, discounts. • Other offline plakorms like Radio, Live Media etc.
Competition in Kids Range in the Market • hnp://www.firstcry.com/ • hnp://linlemuffet.com/ • hnp://www.hopscotch.in/ • www.oxolloxo.com
Competitive Analysis (based on 100 Respondents) Company: Hopscotch First Cry LiNle Muffet Oxolloxo
Features(Product)
Quality Good Good Average Very Good
Delivery Average Good Not Good Average
Durability Not Good Average Not Good Good
Value for Money Average Not Good Good Very Good
Conclusion There are two important factors to be considered for making a kids' apparel brand a success -‐ variety and price. A children's apparel collec6on should have variety that will appeal to kids. Moreover, kids outgrow their clothes very rapidly. Hence it is necessary that a kids' apparel range be reasonably priced. Children's apparel is a growing market in India that has huge untapped poten6al. Apparel makers all over India are making forays into this huge market, in an anempt to make favourable use of the prevailing trends. They are also coming up with collec6ons that would create new trends.