V Dresser Ppt

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    Team Members with Roll No

    Futuristic shopping

    THE V-DRESSER

    AbhinaAvinash

    Jeetesh

    Insha

    Neha

    Prithvi

    http://www.greatlakes.edu.in/
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    THE V-DRESSER

    Customer hassles will be reduced with

    no queuing outside the trial rooms.

    Various ranges of products you can tryon and check instantly.

    Expenditure on manpower to attend the

    customer will be reduced significantly.

    Touch enabled panel, with a mirror displayfor the customer to check out various outfits

    Customer turnover time will be reduced

    and provides a New experiential shopping.

    A

    D

    V

    A

    N

    T

    A

    G

    E

    S

    The product will be a big

    boost for the fashion and

    textile industry.

    How frustrating it is to

    wait in a queue in front of

    the trial rooms.

    How many times one can

    check?

    By the time you check

    with four to five dresses

    you are gone, you lose

    the interest.

    S u m m a r y

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    Product Details

    V-DRESSER will be having 3D body scanner virtual interface. It occupiesless space. The body scanners got to be installed. The dresses got to beloaded first. A touch screen is present where the user selects variousdresses which are to be tried. She can drag and drop on the touch

    screen (touch screen will already have her 3-D image).

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    http://www.greatlakes.edu.in/
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    Market size and Growth potential:

    Rs 3,27,000 to Rs

    10,32,000 crores by

    2020

    Textile industry has a lot of

    potential in future for both

    existing and new investors.

    Indias Textile & Apparel

    industry (domestic +

    exports) is expected to grow

    1,54,000 crores in

    2009 to Rs 4,70,000

    crores by 2020

    Domestic Apparel retailmarket was worth Rs

    1,54,000 crores in 2009

    and is expected to reach

    Rs 4,70,000 crores by

    2020.

    main drivers of

    domestic growth

    increasing population

    increasing income levels

    rapid urbanization

    improving demographics

    Increased organized

    players andincreasing penetration of

    retailers into smaller cities

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    Competitor Analysis:

    we don't have any competitors in India

    There is company called vc2 in US. They have

    got customers across US.

    the product is not upgraded to the fullest

    We can upgrade, develop and can launch inIndia with a new face

    The product which vc2 produces can just

    show the 3-D image of the customer

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    Wholesalers like Arvinda mills etc have got

    showrooms also which we can concentrate.

    End users are obviously retailers like

    lifestyle, basics etc.

    We are going to adopt the mentioned model

    as broker is very important in this business ashe has got may contacts.

    Sales and Distribution Model

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    PROMOTION

    Promotion Strategies

    Direct Marketing (lesser no. of Clients)

    Deals and Offers (existing clients canhave an extra V-dresser on rent duringseasons provided they have bought at

    least 3 v-dresser in an outlet.)

    Trade Fairs and Promotions

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    PEOPLE

    Shoppers Stop

    Pantaloons

    Westside

    Lifestyle

    Big Bazaar

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    PROCESS

    We can enter into a Bond/Contractwith the Market Leader for a year.

    The contract will consist of the whole

    package, number of units sold, andthe we will get the premium amount

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    PHYSICAL EVIDENCE

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    Revenue Model and Pricing:

    Prototype

    design

    cost

    Total: 1.75 cr

    app.

    As there are many clientsavailable for this product andalso not many producers areavailable we can install it aninitial cost of Rs.7,00,000followed by a maintenance of1,00,000 every year

    . If we consider lifestyle alonethere are some 50 storesapprox

    If we assume each storepurchases two products 100products would be sold atsingle shot. Other thanlifestyle there are many bigstores, local players etc.

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    Thank You

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