Group a (mp shoes)
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Transcript of Group a (mp shoes)
MP Shoes
Sajjad
Ashoqullah
Madina
Jin Kwon Moon
Haedeunsam Lee
Introduction
Situation analysis
◦ Market summary
◦ SWOT analysis
◦ Competitors
◦ Product offering
◦ Distribution
◦ CAGR
Marketing Strategy
◦ Positioning
◦ 4P
◦ Marketing Mix
Financial Object
◦ Break Even analysis
Controls
Q&A
Privately owned
Headquarter in Mongolia
Focus Mid class to High
Born Global
It is a new born Leather Company
Focuses more on high class and middle
class people
Main target is to distribute our products
through large stores in big countries
Why Do we chose Mongolia?
Through our company people can reach
to their desire and wants.
e.g. affordable price, flexible,
comfortable, real leather and durable
Our Company’s target in market is to
make luxury shoes and sell in
international markets
Our first target is to sell to USA and
South Korea markets
Expand to other countries later such
as England, China and Hong Kong
Our Company’s:
Strength
Weakness
Opportunity
Threat
Marco Polo is build on five strengths;
High quality products
Affordable price
Place where a lot of leather materials in low cost
Products are innovated and more different than others
Lack of brand awareness
Small amount of budget
Having a lack of retailers
Lack of market awareness
Low cost materials
Reasonable cost compare to other companies
Growing size of market
Appropriate weather condition of Mongolia
Demand for high class shoes
Transportation
Strong competitors in market place
Supplier's bargaining power
Buyer's bargaining power
New entrance
Gucci
• It is the Italian fashion and very well-known leather goods brand
• It is French and the best-selling Italian brand as well as in worldwide
Louis Vuitton
• It is the second leather brand producing shoes with its good and high quality for men and women
• They are made of waxed alligator leather and assembled using traditional hand craftsmanship
Dior
• It is really famous and well-known with its luxury goods as well as its leather luxury products all over the world
• It has also online service at dior.com
Real leather – made classical and similar to Italian shoes for men.
They are soft and flexible
They are durable for long period in
affordable prices
They are well functioned
Our products will be distributed through
a network of few retailers in USA and
South Korea markets which are;
Big, middle, and middle small shops in
these countries
Undergraduates (20~23)
Graduates (23~25)
Job-seekers (25~27)
Professionals (27~30)
Potential
customersGrowth 2014 2015 2016 2017 2018 CAGR
Undergraduates 10.02% 540,960 578,827 632,079 695,287 792,627 10.02%
Graduates 9.55% 772,800 826,896 899,663 985,131 1,113,198 9.55%
Job-seekers 11.59% 1,545,600 1,669,248 1,836,173 2,065,694 2,396,206 11.59%
Professionals 9.18% 1,004,640 1,069,942 1,157,677 1,269,971 1,427,448 9.18%
Objective:
First year - target 0.0021 %
Second year - target 0.005 %
Target market: Male of 20s
Undergraduate (20-23)
Graduate (23-25)
Job seeker (23-28)
Professional (28-30)
POP:
good looking
high quality
Comfortable
Luxury
POD:
Watertight
deodorizer
high functional inner sole
Price
The key word of our product, Marco Polo’s shoes are luxury with the best partner.
Core competency The product is for male of 20s who are new
commerce of society1. Material: sheepskin functional inner sole Coating
2. Packaging: brown color paper box (a natural fiber )
3. Design: wing tip4. Color: brown and black color
selling price - $46
selling price is flexible with special order:
- Adding and changing feature or function, engraving initials
Retailer:
First year: Korea and America
Second year: England, China, Hong Kong
Designer:
Italian
Manufacture:
Mongolia
Sales promotion - in-pack premium and instant winner premium
Direct and interactive marketing - facebook
Event and experiences – famous global events
Sales force
Order Service
After service and recall
Jan. sales force and interactive marketing
Feb. facebook and website
Mar. in pack premium
Jun. instant winner premium
First year sales forecast: $3.864M
Whole sale price: $46
First year sales unit forecast: 84,000 unit
$46 × 84,000 𝑢𝑛𝑖𝑡𝑠 = $3,864,000
Break-Even Units: 106,522 units
Break-Even Sales: $4,900,012◦ First year sales forecast: $3,864,000
First year losses: $1,036,012
Achieve break-even: March, 2015 (15 months)
Sung Pill Park,
Chief Marketing Officer
Ashoqullah,
Advertising Manager
Madina,
Advertising Analyst
Sajjad,
Promotion Manager
Jin Kwon Moon,
Promotion Analyst
Headeun Sam,
Sales Manager