SlideShare a Scribd company logo
1 of 24
Contents:-
PRODUCT BRAND
INTRODUCTION
HANDBAG MARKET IN INDIA
MAJOR MARKET PLAYER OF HANDBAG IN IDIA
MARKET RESEARCH
NEED OF NEW PRODUCT
FEATURE OF PRODUCT
OBJECTIVE, VISION AND MISSION
SWOT ANALYSIS
Marketing mix
STPD
MARKETING CHANNEL
BUDGET PLAN
Product brand
INTRODUCTION:-
• “P@n$#! Handbags” is a new brand which will
provide different variety of handbags to their
customers.
• We will offer such products that will give self-
confidence to women and will give an elegant,
classy and fabulous look.
• The handbags which we will sell it will not
provide customers good look but also ease and
comfort too.
Continue..
Types of handbags:-
Pax Tote Pucker Keri Race case leisure
HANDBAG MARKET IN INDIA:-
Major market player of handbag in India
Market research:-
 I have conducted descriptive market research where I found that the need of
handbag can be best described in relation to Maslow's hierarchy need theory.
 Abraham Maslow’s Hierarchy of Needs is a well-known tiered pyramid of human
needs.
 Humans need to feel a part of something, primarily family and community. Brands
play a role here. People want to be affiliated with other like-minded souls and a
brand is a badge of affiliation. Retailers can, and often do, capitalize on this by
merchandising accordingly.
 The next tier in Maslow’s Hierarchy is Esteem where status, acceptance and
recognition come to play. People want to be valued by others (and themselves) to
gain self-esteem.
 A handbag, which is immediately recognized for its style, price and brand affiliation
is one quick fashion route to status, recognition and the self-esteem that is derived
from it.
 Susan Engle, CEO of Portera.com, says, “Bags are so important…they definitely say
something about you and are the surest way for someone to know how much you
paid. Obvious is key!”
Need of new product:-
• Increase in tourism and travelling in India.
• Increasing number of women entering the workforce.
• Rising fashion consciousness.
• Consumers generating demand for aspirational foreign brands
• Consumers endeavor to buy the best brands that they can
afford.
• Handbags are becoming fashion statement and lifestyle
products.
Objective, mission and vision:-
OBJECTIVE:-TO MAKE OUR INDIAN WOMEN LOOK MORE CLASSY,TRENDY
AND FABULOUS.
VISION:-TO BE MARKET LEADER IN HANDBAG MANUFACTURING AND
DISTRIBUTING SEGMENT
MISSION:-TO BE A LOYAL HANBAG BRAND
SWOT ANALYSIS OF P@n$#! Handbags:-
MARKETING MIX
PRODUCT PRICE
PLACE PROMOTION
Local
market,
Local
boutiques
Dicounts,advertis
ement on
amagi,newspaper
ad,pamphlets,
Price ranges
from ₹120-
2000.
Depending
on design
and variety
Product of
different
designs and
varieties like
pax,pucker,et
c.
STPD
SEGMENTATION
POSITIONING
DIFFERENTIATION
TARGET
MARKET
• Segmentation:-
Segmentation is based on demography and
lifestyle of customers.
• Targeting:-
Target group is working women, housewives,
college going girls and teen agers.
• Positioning:-
A classy and trendy product.
• Differentiation:-
Focus strategy:-cost and variety
differentiation from competitor’s.
Product segmentation:-
Age group
lifestyle
Income
Product positioning:-
Resonance
Performance
Judgment
Feeling
High loyalty with limited customer base
Sophisticated
Comfortable
Conventional
Elite
Classic design
Fashionable product
Excellent quality product
Reliable and durable
Reasonable price Local brand:-product line designed for
younger demographic at different price
points affordable for older demographic
Target market:-
Target
market
College
going
girls
Housewives
Teen
agers
Working
women
Product differentiation:-
Product
differentiation
strategy
Design
Benefits
Price
Marketing channel:-
Blogging
Prints
Celebrity
comparison
Storefronts
Social media
interaction
Financial budgeting:-
ITEMS QUANTITY RATE(RS.) TOTAL AMOUNT
INDUSTRIAL
SEWING MACHINES
31K
5 7,500 37,500
SCREEN OF
DIFFERENT DESIGNS
15 350 5250
RUBBER WIPER 10 125 1250
DYE PASTE STIRRER 4 3600 14400
COTTAGE STREAMER 1 17500 17500
SCISSORS,MEASURI
NG TAPES, OTHER
EQUIPMENTS
- - 5000
TOTAL 80,900
FIXED CAPITAL:-
1. LAND AND BUILDING:-Workspace 150 sq. meters on long term monthly
rental basis Rs. 20,000.
2. MACHINERY EQUIPMENT:-
• FUNITURE AND FIXTURE:-
ITEMS QUANTITY RATE AMOUNT(RS.)
CUTTING TABLE 2 1700 3400
WOODEN
ORKING TABLE
4 2000 8000
CHAIR 10 500 5000
ALMIRAH 2 5000 10000
RECK 2 3500 7000
ELECTRONIC
FITTINGS
- - 5000
MISC. ITEMS - - 6000
TOTAL 44,400
TOTAL CAPITAL INVESTMENT
PARTICULAR AMOUNT
FXED ASSETS 1,25,300
WORKING CAPITAL 400,000
TOTAL 5,25,300
MEANS OF FINANCE AMOUNT
PROMOTERS (5*100000) 5,00,000
LOAN 50,000
TOTAL 5,50,000
Business plan on handbags

More Related Content

What's hot (20)

Khaadi business case (semester project)
Khaadi business case (semester project)Khaadi business case (semester project)
Khaadi business case (semester project)
 
New Fashion Boutique
New Fashion BoutiqueNew Fashion Boutique
New Fashion Boutique
 
Business Plan Powerpoint 1
Business Plan Powerpoint 1Business Plan Powerpoint 1
Business Plan Powerpoint 1
 
Ladies Garments Business Plane
Ladies Garments Business PlaneLadies Garments Business Plane
Ladies Garments Business Plane
 
Project report on boutique shop
Project report on boutique shopProject report on boutique shop
Project report on boutique shop
 
Westside
WestsideWestside
Westside
 
Westside
WestsideWestside
Westside
 
Business plan: Jewelry
Business plan: JewelryBusiness plan: Jewelry
Business plan: Jewelry
 
Business plan on nobility fashion house
Business plan on nobility fashion houseBusiness plan on nobility fashion house
Business plan on nobility fashion house
 
ZARA
ZARAZARA
ZARA
 
business plan of jute bag
business plan of jute bagbusiness plan of jute bag
business plan of jute bag
 
Business plan ppt
Business plan pptBusiness plan ppt
Business plan ppt
 
Business plan on handicraft .. doc
Business plan on handicraft .. docBusiness plan on handicraft .. doc
Business plan on handicraft .. doc
 
Sample business plan (food & beverage)
Sample business plan (food & beverage)Sample business plan (food & beverage)
Sample business plan (food & beverage)
 
Fashion business plan
Fashion business planFashion business plan
Fashion business plan
 
Delightful bakery cafe business plan
Delightful bakery cafe business planDelightful bakery cafe business plan
Delightful bakery cafe business plan
 
Case study Zara
Case study Zara Case study Zara
Case study Zara
 
BRAND LAUNCH PLAN
BRAND LAUNCH PLAN BRAND LAUNCH PLAN
BRAND LAUNCH PLAN
 
Business Plan
Business PlanBusiness Plan
Business Plan
 
Boutique business
Boutique businessBoutique business
Boutique business
 

Similar to Business plan on handbags

Analysis of 4P's of Westside
Analysis of 4P's of WestsideAnalysis of 4P's of Westside
Analysis of 4P's of Westsidesankarshanjoshi
 
Retailing & Franchising - big bazaar project
Retailing & Franchising - big bazaar projectRetailing & Franchising - big bazaar project
Retailing & Franchising - big bazaar projectLufthansa
 
Chapter 8
Chapter 8Chapter 8
Chapter 8detjen
 
Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp0219870
 
Market segmentation ppt
Market segmentation pptMarket segmentation ppt
Market segmentation pptMayank Mittal
 
ppt of Spencer by Fahad
ppt of Spencer by Fahadppt of Spencer by Fahad
ppt of Spencer by FahadMohd Fahad
 
Sample Of Work (Brand, Communications & Research
Sample Of Work (Brand, Communications & ResearchSample Of Work (Brand, Communications & Research
Sample Of Work (Brand, Communications & Researchsumit76
 
Marketing plan & ad comercial
Marketing plan & ad comercialMarketing plan & ad comercial
Marketing plan & ad comercialPuja Dhar
 
A shoe maker – who comes to your mind bata
A shoe maker – who comes to your mind bataA shoe maker – who comes to your mind bata
A shoe maker – who comes to your mind bataSaad Wajid
 

Similar to Business plan on handbags (20)

Jafferjees
Jafferjees Jafferjees
Jafferjees
 
Project on Big bazaar
Project on Big bazaarProject on Big bazaar
Project on Big bazaar
 
Shoppers Stop
Shoppers StopShoppers Stop
Shoppers Stop
 
Market segmentation
Market segmentationMarket segmentation
Market segmentation
 
Analysis of 4P's of Westside
Analysis of 4P's of WestsideAnalysis of 4P's of Westside
Analysis of 4P's of Westside
 
Big Bazaar
Big BazaarBig Bazaar
Big Bazaar
 
Hidesign Vikas Singh @ IIM Ahmedabad
Hidesign   Vikas Singh @ IIM AhmedabadHidesign   Vikas Singh @ IIM Ahmedabad
Hidesign Vikas Singh @ IIM Ahmedabad
 
Dmart
DmartDmart
Dmart
 
Retailing & Franchising - big bazaar project
Retailing & Franchising - big bazaar projectRetailing & Franchising - big bazaar project
Retailing & Franchising - big bazaar project
 
Chapter 8
Chapter 8Chapter 8
Chapter 8
 
Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02
 
Market segmentation ppt
Market segmentation pptMarket segmentation ppt
Market segmentation ppt
 
ppt of Spencer by Fahad
ppt of Spencer by Fahadppt of Spencer by Fahad
ppt of Spencer by Fahad
 
Sample Of Work (Brand, Communications & Research
Sample Of Work (Brand, Communications & ResearchSample Of Work (Brand, Communications & Research
Sample Of Work (Brand, Communications & Research
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Marketing plan & ad comercial
Marketing plan & ad comercialMarketing plan & ad comercial
Marketing plan & ad comercial
 
A shoe maker – who comes to your mind bata
A shoe maker – who comes to your mind bataA shoe maker – who comes to your mind bata
A shoe maker – who comes to your mind bata
 
Jafferjees
Jafferjees Jafferjees
Jafferjees
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
BIGBAZZAR
BIGBAZZARBIGBAZZAR
BIGBAZZAR
 

Recently uploaded

Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCRsoniya singh
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 

Recently uploaded (20)

Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 

Business plan on handbags

  • 1.
  • 2. Contents:- PRODUCT BRAND INTRODUCTION HANDBAG MARKET IN INDIA MAJOR MARKET PLAYER OF HANDBAG IN IDIA MARKET RESEARCH NEED OF NEW PRODUCT FEATURE OF PRODUCT OBJECTIVE, VISION AND MISSION SWOT ANALYSIS Marketing mix STPD MARKETING CHANNEL BUDGET PLAN
  • 4. INTRODUCTION:- • “P@n$#! Handbags” is a new brand which will provide different variety of handbags to their customers. • We will offer such products that will give self- confidence to women and will give an elegant, classy and fabulous look. • The handbags which we will sell it will not provide customers good look but also ease and comfort too.
  • 5. Continue.. Types of handbags:- Pax Tote Pucker Keri Race case leisure
  • 7. Major market player of handbag in India
  • 8. Market research:-  I have conducted descriptive market research where I found that the need of handbag can be best described in relation to Maslow's hierarchy need theory.  Abraham Maslow’s Hierarchy of Needs is a well-known tiered pyramid of human needs.  Humans need to feel a part of something, primarily family and community. Brands play a role here. People want to be affiliated with other like-minded souls and a brand is a badge of affiliation. Retailers can, and often do, capitalize on this by merchandising accordingly.  The next tier in Maslow’s Hierarchy is Esteem where status, acceptance and recognition come to play. People want to be valued by others (and themselves) to gain self-esteem.  A handbag, which is immediately recognized for its style, price and brand affiliation is one quick fashion route to status, recognition and the self-esteem that is derived from it.  Susan Engle, CEO of Portera.com, says, “Bags are so important…they definitely say something about you and are the surest way for someone to know how much you paid. Obvious is key!”
  • 9. Need of new product:- • Increase in tourism and travelling in India. • Increasing number of women entering the workforce. • Rising fashion consciousness. • Consumers generating demand for aspirational foreign brands • Consumers endeavor to buy the best brands that they can afford. • Handbags are becoming fashion statement and lifestyle products.
  • 10.
  • 11. Objective, mission and vision:- OBJECTIVE:-TO MAKE OUR INDIAN WOMEN LOOK MORE CLASSY,TRENDY AND FABULOUS. VISION:-TO BE MARKET LEADER IN HANDBAG MANUFACTURING AND DISTRIBUTING SEGMENT MISSION:-TO BE A LOYAL HANBAG BRAND
  • 12. SWOT ANALYSIS OF P@n$#! Handbags:-
  • 13. MARKETING MIX PRODUCT PRICE PLACE PROMOTION Local market, Local boutiques Dicounts,advertis ement on amagi,newspaper ad,pamphlets, Price ranges from ₹120- 2000. Depending on design and variety Product of different designs and varieties like pax,pucker,et c.
  • 15. • Segmentation:- Segmentation is based on demography and lifestyle of customers. • Targeting:- Target group is working women, housewives, college going girls and teen agers. • Positioning:- A classy and trendy product. • Differentiation:- Focus strategy:-cost and variety differentiation from competitor’s.
  • 17. Product positioning:- Resonance Performance Judgment Feeling High loyalty with limited customer base Sophisticated Comfortable Conventional Elite Classic design Fashionable product Excellent quality product Reliable and durable Reasonable price Local brand:-product line designed for younger demographic at different price points affordable for older demographic
  • 21. Financial budgeting:- ITEMS QUANTITY RATE(RS.) TOTAL AMOUNT INDUSTRIAL SEWING MACHINES 31K 5 7,500 37,500 SCREEN OF DIFFERENT DESIGNS 15 350 5250 RUBBER WIPER 10 125 1250 DYE PASTE STIRRER 4 3600 14400 COTTAGE STREAMER 1 17500 17500 SCISSORS,MEASURI NG TAPES, OTHER EQUIPMENTS - - 5000 TOTAL 80,900 FIXED CAPITAL:- 1. LAND AND BUILDING:-Workspace 150 sq. meters on long term monthly rental basis Rs. 20,000. 2. MACHINERY EQUIPMENT:-
  • 22. • FUNITURE AND FIXTURE:- ITEMS QUANTITY RATE AMOUNT(RS.) CUTTING TABLE 2 1700 3400 WOODEN ORKING TABLE 4 2000 8000 CHAIR 10 500 5000 ALMIRAH 2 5000 10000 RECK 2 3500 7000 ELECTRONIC FITTINGS - - 5000 MISC. ITEMS - - 6000 TOTAL 44,400
  • 23. TOTAL CAPITAL INVESTMENT PARTICULAR AMOUNT FXED ASSETS 1,25,300 WORKING CAPITAL 400,000 TOTAL 5,25,300 MEANS OF FINANCE AMOUNT PROMOTERS (5*100000) 5,00,000 LOAN 50,000 TOTAL 5,50,000