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AN OVERALL SITUATION ANALYSIS OF THE FASHION HOUSES IN BAANGLADESH


A STUDY ON “BANGLAR MELA FASHION
              HOUSE”
AN OVERALL SITUATION ANALYSIS OF THE FASHION HOUSES IN BANGLADESH


                           A STUDY ON:




SUBMITTED TO:-
HUSNA ARA
Lecturer,
Department of Business Administration

East West University

SUBMITTED BY:-


           SL NO         NAME OF MEMBERS                         ID

             01        Misbahur Rahman Sagor     2011-1-10-147

                              Mob:01673007223

                       Emai: md.sagorshikder@yahoo.com




                         DATE OF SUBMISSION: - 21-11-2011




EAST WEST UNIVERSITY
November 21, 2011
To,
Husna Ara
Lecturer,
Department of Business Administration
East West University

SUBJECT:- REQUEST TO ACCEPT THE TERM PAPER ON AN OVERALL
SITUATION ANALYSIS OF THE FASHION HOUSES IN BANGLADESH: A
STUDY ON “BANGLAR MELA”FASHION HOUSE.

Dear Mam,
We are from your course Principles of Marketing (section-10), are very glad to submit the
given group assignment on an overall situation analysis of the fashion houses in
Bangladesh: A study on “Banglar Mela”. It gives enormous contentment to notify you
that this group has accomplished its report under your kind hearted direct care.
We have devoted our best effort to make the report an informative one. Now, we have
positioned the report before you for your authorization. All members hope that this report
will convince you.

Thanking you.
Your most obedient pupils
______________
Misbahur Rahman Sagor
2011-1-10-147
Department of BBA
_________________
Linea Rahman
2011-1-10-027
Department of BBA
_________________
Sanjoy Kumar Kundu
2011-1-10-150
Department of BBA
_________________
Shah Soheli Iren
2011-1-10-145
Department of BBA
_________________
Mst.Afroza Islam
2011-1-10-169
Department of BBA
ACKNOWLEDGEMENT


At the very outset, all praises for almighty Allah for enabling us to complete the task with
good and sound health.

Then, we would like to take this opportunity to express our gratitude to our course
instructor “HusnaAra” (Lecture of EWU) for her continuous inspiration, supervision and
patience.We are glad to see that she has faith on us so that we are given this work.
Without her guidance and support it would not have been possible to come this far.
We would also like to thank the managing director A.K.M. GolamMaola for his
continuous support, inspiration and giving us the opportunity to collect the information
about their different services, products and the quality of those services or products. And
then we are also grateful to the branch manager of “BanglarMela”, Bashundhara City
Branch to help us in different ways and their well behavior .

All the members of this group are grateful to them who have honestly and ultimately
support us in carrying out the study. Specially, we are gratified to our praiseworthy
teacher HusnaAra because of his support gives us the prospect to begin the report
punctually.

Last but not the least; we would like to thank our friends and the persons used in the
survey who helped us to find these information and data.

Finally, we would like to thank our family for their numerous support in both financially
and mentally which helps us lot to finish our task.
EXECUTIVE SUMMARY

This report has been equipped for the limited implementation for the marketing
course.Our group have strived to hit upon the management system of popular renowned
fashion houseBanglarMela. This organization is typically in foremost place in this nation
and performing very important job in this country.Over the last ten year, BanglarMela has
been constantly bringing new and world-class product for the Bangladeshi people to
satisfy their wants and demand of life. They work in this country since from 2001; from
this time the company continues the business as an independent company. And its
mission is i to create panoramic designs of cloths by using local traditional fabrics and
promote them in the market with a reasonable price.For promotion they use traditional
media.For the report acceptance information has been accumulated from major and minor
sources. Through this study it is expected that a clear idea of the customers choices.
Therefore, this study tries to give some suggestion to establish a fashion business.
TABLE OF CONTENTS
  SL.NO                           TOPICS              PAGE
                                                       NO
01 (PART A)                    INTRODUCTION           01-03
     1.1      Background of the study                  01
     1.2      Objective of the study                   01
     1.3      Data collection method                   02
     1.4      Limitation of the study                  03
02 (PART B)   REPORT FINDINGS, ANALYSIS, DISCUSSION   04-20
     2.1      Theoretical Foundations                 04-05
    2.1.1     History                                  04
    2.1.2     Mission                                  04
    2.1.3     Vision                                   04
    2.1.4     Objective                                04
    2.1.5     Marketing mix                            04
    2.1.6     BCG matrix                              04-05
    2.1.7     STP                                      05
    2.1.8     Market share                             05


    2.2       Company Profile                         06-08
   2.2.1      History                                  06
   2.2.2      Company name                             06
   2.2.3      Location                                06-07
   2.2.4      Founder                                  07
   2.2.5      Capital                                  07
   2.2.6      Investment                               07
   2.2.7      Logo                                     07
   2.2.8      Slogan                                   08
   2.2.9      Mission                                  08
  2.2.10      Vision                                   08
  2.2.11      Objective                                08
  2.2.12      Values                                   08
    2.3       Current Marketing Situation             09-10
   2.3.1      Market description                       09
   2.3.2      Market growth                            09
   2.3.3      Industry                                09-10

    2.4       Marketing Mix                           10-18
   2.4.1      Product profile                         10-14
  2.4.1.1     Characteristics                          10
  2.4.1.2     Variety                                  10
2.4.1.3     Quality                                  11
  2.4.1.4     Design                                   11
  2.4.1.5     Features                                 11
  2.4.1.6     Packaging                                11
  2.4.1.7     Product position through (BCG) matrix    12
  2.4.1.8     STP                                      13
  2.4.1.9     Market share                             14
   2.4.2      Pricing Strategy                        14-15
   2.4.3      Distribution                             16
  2.4.3.1     Distribution channel                     16
  2.4.3.2     Exporting issue                          16
   2.4.4      Promotion Tools                         17-18
  2.4.4.1     Tools used for promotion                 17
  2.4.4.2     Media vehicle                            17
  2.4.4.3     Message of the each tool                 18
  2.4.4.4     Effect on sale                           18

     2.5      SWOT analysis                           19-20
     03       Conclusion                               21
     04       Recommendations                          22
05 (PART C)   Appendix and References                 23-25
06 (PART C)   Photo Gallery                           26-27
CHAPTER 01{PART-B}

                                   INTRODUCTION

1.1:-BACKGROUND OF THE STUDY

        At the present time business and association is playing an essential responsibility
to develop the financial circumstance of a country. So in the field of trade and association
it is awfully crucial to continue some management. In the association it is used to
continue all sorts of works resembling, monetary, maintain inventory effective
arrangement, numerical uses and record management system etc. All of which create
workings simple, speedy and exact so as fashion house business “BanglarMela”also
exercises structural manage system to boost their trade and widen their situation. Our
group has visited to “BanglarMela” and organized its report. The visitation was took
place in the head office of BanglarMelain Tejgaon andBashundhara City Branch of
BanglarMela and we are very glad for getting the opportunity to accomplish our practical
investigate on BanglarMela. The report will definitely increase the knowledge of other
students to know the fashion house business of Bangladesh

1.2:-OBJECTIVE OF THE STUDY

   The objective of study is to gather practical knowledge regarding over all fashion
house   business and its operations. Theoretical classes of BBA provide us theories
regarding different subjects where as practical investigate gives us the chances to view
those systems and their operations. The principal intent of this report is to analyze the
trends modern customer‟s services. More precisely we can identify the objective of this
report as follows:

    To fulfill our course requirement of the course curriculum.
    To increase our creativity and gathering experience to work in practical field.
    To find out some major problem area of fashion house in Bangladesh as flows
        o Government policy
        o Political
        o Financial
        o House Rent
    To study the services of Branches of BanglarMela
    The preparation of the report will enable to greater concepts of the Fashion house.
    To achieve realistic facts.
    To suggest recommend some necessary steps to solve the existing problems.




                                                                                               1
1.3:-DATA COLLECTION METHOD

To bring out the study equally primary and secondary data were used.

PRIMARY SOURCES

             To gather data, we chiefly used a meeting with the organization
            managing director and branch manager (Bashundhara City).
             Direct conversation with consumer.
             Observing their activities.
             Collecting different opinions from consumers.


SECONDARY SOURCES

             As the minor basis here are mostly used the web site of Banglarmela.
             Various records of fashion house.
             Different articles published in the journals & magazines have been used.




                                                                                         2
1.4:-LIMITATION OF THE STUDY

   A proverb goes that to achieve some valuable thing have to pass a long way.While
preparing the report, we had toface some obstacles that might have reduced the quality of
the report. Mainly the following limitations we faced:

       The information we get was not adequate. Specially the technical data.
       The officials we interviewed cannot provide us specific information or they do not
       want to give.
       The time we are provided, was not adequate.
       As we all are involved in study, it was very difficult to manage time & specially
       co-ordination.
       Time constraint is the limitation restricting this report form.
       They didn‟t eager to give us their financial information.
       We had not much knowledge about fashion house business that‟s why he had to
       face many problems.
       One more difficulties was that we had no experience before to customer survey so
       when we went to BashundharaCity for customer survey we had to face many
       problems.




                                                                                            3
CHAPTER 02{PART-B}

                REPORT FINDINGS, ANALYSIS, DISCUSSION

2.1:-THEORETICAL FOUNDATIONS

The theoretical foundations of the study are given below:

2.1.1:-HISTORY

History means the branch of knowledge and an established record or pattern of behavior
that records and analyzes past events.
2.1.2:-MISSSION
A ministry commissioned by a religious organization to propagate its faith or carry on
humanitarian work.
2.1.3:-VISION
Vision is a thought, concept, or object formed by the imagination.
2.1.4:-OBJECTIVE
Objectives are a basic tools that underlying all planning and strategicactivities.
2.1.5:-MARKETING MIX
The set of controllable tactical marketing tools-product, price, place and promotion-that
the firm blends to produce the response it wants in the target market.
2.1.6:-BOSTON CONSULTING GROUP (BCG) MATRIX
A company classifies all its Strategic Business Unit (SBUs) according to the growth share
matrix as shown below-
                High
                                     STAR              QUESTION MARK

Market growth rate

                                  CASH COW                    DOG
                 Low
                                  High                Low
Relative Market Share
STAR:Stars are high-grown and high-share business or product. They often need heavy
investment hold their business.

QUESTION MARK:Question marks are high-grown and low market share business or
product. They require a lot of cash hold their business.


                                                                                            4
CASH COW:Cash cows are low grown market with high relative market share. They
invest less amount hold their business.

DOG:Dogs are low-grown and low-share business or product. They often investment
enough cash to hold their business.

2.1.7:-STP

SEGMENT:

Dividing the total market into smaller markets based on different variable.

TARGET MARKET:

It is the process of measuring the segment attractive and selecting one or more segments
to enter.

POSITIONING:

Process offsetting a clear transparent image on customer mind about the product or
service.

2.1.8:-MARKET SHARE

        The percentage of an industry or market's total sales that is earned by a particular
company over a specified time period.
2.1.9:-SWOT ANALYSIS

        An overall evaluation of the company‟s strengths (S), weaknesses (W),
opportunities (O), and threats (T).




                                                                                               5
2.2:-COMPANY PROFILE

2.2.1:-HISTORY

       “BanglarMela” registered their business on 17th April 2001 as a private limited
company. Next they started their operation from 3 May 2001 in Bonani sector-11. It has
achieved the position of one of best-branded both showroom of handloom in the town.It‟s
capital was 10 crore 22 lacks then their shareholders was 11 persons. After that 5 more
shareholders were added. At first time they got 24 thousand order. Local producer, local
crafts, local materials were made by NGO, TMS, Norshindi, Bogura, Dinajpur, Tangail‟s
tailors. Apart from their business activity, a very appreciable thing about BanglarMela is
with their occupation they have also maintain their social responsibility and awareness as
a human and as worthly citizens of the country. And they proved it by their remarkably
done social activities. Such as from the very beginning, in their organization they have
involved mentally retarded individuals and have given them the opportunity to work and
to earn like every normal human being. And has also helped them to change their view of
life and also the idea towards these mentally retarded people who are unfortunately
thought of no use in the society. Chief Designer of BanglarMelaEmdadHoque said
BanglarMela not just a store,BanglarMela represents the culture socio environment thru
our line-up.

2.2.2:-COMPANY NAME

The company name is “BanglarMela” Fashion House

2.2.3:-LOCATION

Banani :
House # 67, Block # E, Road # 11, Banani, Dhaka- 1213.
Dhanmondi-(i):
Plaza A. R. (3rd Floor) Mirpur Road, Dhanmondi, Dhaka-1207.
(Near SobahanBagh Masjid)
Dhanmondi-(ii):
Happy Homes Dr. RefatUllah Arcade, (1st Floor) House # 3, Road # 3, Dhanmondi,
(Near City College), Dhaka.
Mirpur :
Plot # C-10, Mirpur-2, Main Road, Mirpur, Dhaka-1216,

                                                                                             6
Uttara :
Atique Tower,67/B, RabindraSharani, Sector – 7, Uttara, Dhaka– 1230,
Malibag :
Hosaf Shopping Complex, Malibagh Circle, Dhaka-1217,
Bashundhara City-1:
Shop # 109, Level- 2, Block # D, Panthapath, Dhaka- 1205,
Bashundhara City-2:
Deshidosh, Level-7, Block-A,
Head Office:
336/C Tejgaon I/A, Dhaka-1208.

2.2.4:-FOUNDER

        Firstly BanglarMela started their busibess with 10 partners among this A.K.M.
GolamMaola is the managing director of BanglarMela and after few years later they
added more 5 shareholder with their business.

2.2.5:-CAPITAL

        They started their business with 22 lakh taka after few years their capital stands on
32 lakh taka. When they added 5 more shareholders they provide 64 lakh taka and now
their present capital is 10 corer taka.

2.2.6:-INVESTMENT

        Firstly they invested 22 lakhtaka, then 32 lakh and lastly 64 lakh taka.

2.2.7:-LOGO




                                                                                                7
2.2.8-SLOGAN

        The slogan of BanglarMela is ÓevsjvigyLAvwg †`wLqvwQÓ

2.2.9-MISSION

        The mission of BanglarMela is to create panoramic designs of cloths by using
local traditional fabrics and promote them in the market with a reasonable price.

2.2.10-VISION

        The vosion of banglar is the want to focus on serving the middle-income groups of
people with fashion-rich local clothes.And to be the best quality fashion house in the
country.

2.2.11-OBJECTIVE

        Such as from the very beginning, in their organization they have involved
mentally retarded individuals and have given them the opportunity to work and to earn
like every normal human being. And has also helped them to change their view of life and
also the idea towards these mentally retarded people who are unfortunately thought of no
use in the society. Chief Designer of BanglarMelaEmdadHoque said BanglarMela not just
a store,BanglarMela represents the culture socio environment thru our line-up.Lastly they
want to stablised their concept that “Fashion for All”

2.2.12-VALUES

        The values of BanglarMela is making local product by using local raw materials
for all classes of peoples.

2.3:-CURRENT MARKETING SITUATION

        BanglarMela started their mission in 2001 and then they tried to follow a strong
societal marketing policy to make profits by service people. Now every aspects of
marketing sectors they are achieving their target goals. To identify their current market
situation we can focus on following sectors:

2.3.1:-MARKET DESCRIPTION




                                                                                            8
BanglarMela always says that, “Fashion for all”. So they are trying to reach their
products among all classes of people and all levels of people in our society. They are
trying to maintain affordable price for all kinds of customers. BanglarMela have started
its first operation in Bangladesh in 2001.The products of BanglarMelahave been well
received and the marketing is the key to the development of its brand image as well as
the growth of the customer base. At first it started with one showroom but now it has
already 10 showrooms at different suitable places in Dhaka city and they have also a
branch in Chittagong.

2.3.2:-MARKET GROWTH

       The market of BanglarMela is growing high day by day because people are
becoming concern for using local product. Their market growth is very good.1 st year they
could fulfill their sales target.Before 2001 Banani was a very slow going market place but
when BanglarMela opened their first outlet, following them others fashion houses were
established their branch and now Banani become a very ceowdy and profitable market
place. Same case are happened in Mirpur 2. And its only possible for BanglarMela
fashion house.

       Besides,     people     purchase     dresses     in     many      occasion     like
Eid,Puza,PahelaBaishakh,Akushe February,BijoyDibosh.It makes the market broad more
and more.

2.3.3:-INDUSTRY ANALYSIS (REVIEW OF COMPETOTORS)

       The thought of Banglarmela” is that they have no competitors.As keeping our own
culture is their objectives so that they do not think another fashion houses as their
competitorsthey want to do work together as a family. So they make “Deshi Dosh”
inBashundhara city. But it is our observation that other fashion house like
Arong,Nogordola,Kay

       Kraft,OG,Anjans,Bibiana,Nipun,Rong,ShadaKalo,Deshal,KaziKraftetc are their
main competitors.

2.4:-MARKETING MIX

       The combination of BAnglarMela‟s four elements-product, price, promotion,
place or distribution which is used to satisfy the need of their target market.


                                                                                             9
After deciding on overall competitive marketing strategy, the company proceeds
towards planning the details of the marketing mix.

The product profile of „‟BanglarMela” is very unique and praise worthy, we can
say.

2.4.1:-PRODUCT PROFILE

2.4.1.1:-CHARACTERISTICS

       “BanglarMela“ is expressing their characteristics through their brand name.
This fashion house‟s main characteristic is they use local raw materials for their
product of Bangladesh. They also provide qualityful dresses for lower middle class
and middle class people as well. Their dresses are designed by many renowned
fashion designers of Bangladesh. Their main target is to spread out Bangladeshi
product more and more with latest design, colour and quality and they are doing
so, with great success.

2.4.1.2:-VARIETY

       In today‟s modern world every people wants variation in all sectors, mostly
those who are very much close about their dress and accessories. So, competing
with other deshi fashion houses “BanglarMela” have a lot of variation in their
product to satisfy their customer‟s needs and wants. They are providing all types of
deshisharees, including – Taat, Silk, Cotton, Half-Silk, Mosline, Khadi etc.
SalwarKamizes (Cotton, Silk, Khadi) Panjabi (Cotton, Block print, Hand paint
etc). Fotua( for both men and children. Single dopatta, Single Salwar, bed cover,
coushone cover etc. They are also provides Show pieces, photo frame, candle,
ladies purse, bag, ladies jewellery, gift items etc.

And in all types of product they aretrying their best to pick up the beauty of
Bangladesh & Bangladeshi tradition.

2.4.1.3:-QUALITY

       Every people, when purchase something they want and consider the quality
of that product first (whether it‟s high price or low price product). So from this


                                                                                       10
point of view “BanglarMela “ is maintaining their product quality very strictly
from the very beginning of their journey. “BanglarMela” provides a very high
quality product to their target customers. They always try to use local but best
quality cotton and raw materials for their final product.

2.4.1.4:-DESIGN

       Design of any type of product is the most attractive part for tis customers.
Beautiful design &colour of any dress attracts people whether children or adults.
“BanglarMela“ also gives a great emphasis on its design part. The main designer
“BanglarMela” is Mr. AmdadHaque. He is one of the most renowned professional
designers of our country. BanglarMela‟s designs are very unique and its fulfilling
the demand of teen agers as well as middle aged people.

2.4.1.5:-FEATURES

       “BanglarMela” always try to use our Local fabrics, cottons and colours.
Because their main motto is to serve their customers with deshi product and to
enrich our Bangladeshi culture and tradition.

2.4.1.6:-PACKAGING

       Packaging plays a vital role of selling any product to its customers. That‟s
why “BanglarMela” provides a beautiful packet, which have their logo at the
centre of the packet. They also change the design and pattern of their packet in
different occasion for example – in their 10th anniversary they changed the design
of their packet by adding some new colours and features, which was greatly
appreciated by their customers.




                                                                                      11
2.4.1.7:-PRODUCT‟S POSITIONTHROUGH (BCG) MATRIX

BanglarMela classifies all its SBUs according to the Growth-share matrix as
shown below:



   HIGH                    STAR                QUESTION MARK
               Salowarkamiz                 Handicrafts

           M   Shari
                                            gift item
           A
               Bed cover
           R
                                            Shirts
           K   Cuttion cover
           E
           T   Panjabi                      Orna

           G   Shal
           R
           O
           W           CASH COW                         DOG
           T
           H   Fatua                        Tupi
           R   Bags                         Harbal products
           A
           T
               Show piece
           E   Jewelry




   LOW

                 HIGH                                         LOW

                                  RELATIVE MARKET SHARE




                                                                              12
2.4.1.8:-STP

SEGMENTATION

Banani                 Dhanmondi 1, 2         Mirpur                 Bashundhora city

Uttara                 Malibagh               Science lab            Chittagong outlet



TARGET MARKET

                      MIDDLE CLASS
                                                                    UPPER CLASS
 UPPER MIDDLE CLASS              LOWER MIDDLE CLASS



In case of BanlarMela,from teenager to any age group,from lower middle class to upper
class,regardless to race,religion,gender ,literacy level,life style or personality any and
every single person is their target market.

POSOTIONING

         After the company has decided which market segment have to use to enter for
which product, it must decide what positions it want to occupy a clear distinctive and
desirable place relative to competing products in the mind of target customers. The
company‟s entire marketing program should support the chosen positioning strategy.

Since if a product is perceived to be exactly like another product on the market,
consumers would have no reason to buy it, BanglarMela brings special features on the
product as well as significant various services that positioned the products in the target
segments. Products can be positioned with some positioning strategy. We find that
BanglarMela has taken has taken multi-various strategy to position its various product in
the market.




                                                                                             13
2.4.1.9:-MARKET SHARE (CUSTOMER‟S ATTITUDES)

According to our survey the market share of “BanglarMela” is like this _____
(based on assumption)

______Among 100%, 50% are Ladies

______ 20% Gents

______10% Children
                                                                                LADIES
______20% Foreigners                                                            GENTS
                                                                                CHILDREN
                                                                                FOREIGNER




2.4.2:-PRICING STRATEGY

       Pricing decisions are subject to an incredibly complex array of environment and
competitive forces. A company sets not a single price, but rather a pricing structure that
covers different items in its line. This pricing structure changes over line as products
move through their life cycles. The company adjusts product prices to reflect changes in
cost and demand and to account for variations in buyers and situations. As the
competitive environmentchanges, the company considers when to initiative price changes
and when to respond to them.

Factors to consider when setting price
                                          INTERNAL
                                           FACTORS



    1.Marketing                                                             3.Costs:-
    objectives:-                         2.Marketing mix
                                         strategy                      #Cost of different
    #survival#maxim
                                                                       stages of
    izing current                                                      production
    profit#maximizin
    g market                                                           #Cost as a function
    share#Increasing                                                   of production
    sales volume                                                       experience#Organi
                                                                       zational


                                                                                             14
                                                                       considerations.
           g
    investment
EXTERNAL
                                          FACTORS



       1.The market and                2.competitors                    3.Other external
       demand :-                       cost, price and                  factors:-
       #pricing in                     offers                           #economic
       different types of                                               conditions#reselle
       market                                                           rs
       #consumer                                                        reactions#govern
       perceptions of                                                   ment#social
       price and value                                                  concerns
       #analyzing the
       pricedemandrelat
       ionships.


All above the #price
               discussion,BanglarMela setting their product actual price based on cost,
demandelasticity of
         and competition. Products are reasonable, affordable for customers, so that
customer can purchase products occasionally, frequently for their own consume or to give
        demand
others.

The pricing chart of BanglarMela

         CATEGORY
                #price             PRICE (TAKA)
      SalowarKameez
       elasticity of                  850-4999
       demandShari                   1250-3999
           Panjabi                    750-2999
             Fatua                     350-690
             Shirt                     320-669
             Orna                      250-350
           Salowar                     450-750
          Hand bag                     220-990
             Purse                     120-230
             Tupi                      190-310
          Jewellary                   950-1499
      Harbal products                   30-100
         Handicrafts                   120-890
          Bed cover                   850-2050
 Kids fatua,salowarkameez             450-1999
        Caution cover                  299-499
          Shitolpati                  350-1099
            Candle                      10-675



                                                                                           15
2.4.3:-DISTRIBUTION

          2.4.3.1:-DISTRIBUTION CHANNEL

          At first they started their business that owed by the labor.The village people of
Narsingdi, tangail,bagura,dinajpur,some NGO,TMS are also helping them providing
fabrics.Their transportation facilities helps them to reach the products in head office.Evry
branches get their products from BanglarMela head office.The most important thing is
that BanglarMela does not pay money to the labor but provises fabrics and handy crafts
instate of money.

          2.4.3.2:-EXPORTING ISSUE

                 BanglarMela is a local fashion house, so they do not have any desire for
export their products to foreign countries. They only produce local product for local
people.




                                                                                               16
2.4.:-PROMOTION TOOLS

For promotion BanglarMela use different types of tools:

2.4.1:-TOOLS USED FOR PROMOTION

            BanglarMelause only Advertisement and Sales promotion (Discount) and when
they launch a new product they arrange press conference. Their advertisement mainly
published on internet.




THIS ADDVERTISEMENT PUBLISHED ON INTERNET

2.4.2:-MEDIA VEHICLE

            In media vehicle Banglarmela arrange TALK SHOWon TV, and give their
product image on Newspaper and different types of newspaper. But they don‟t have any
billboard.




EVERY THUESDAY THEY ADDVERTISE   BANGLAR MELA ALSO ADDVERTISE THEIR PRODUCT ON DIFFERENT MAGAZINE

THEIR PRODUCT IMAGE ON PROTHOM


ALO (NOAKSHA)NEWSPAPER




                                                                                                    17
2.4.3:-MESSAGE OF THE EACH TOOL

       The message of the all advertisement of BanglarMela is, “New dress for all class,
all level of people”. And,“Buy Your Local Products and Increase Your National Assets”.

2.4.3:-EFFECT ON SALE

       The effectiveness of:

    i. Advertisement- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
   agree

   ii. Personal selling- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
   agree

  iii. Public relation- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
   agree

  iv. Sales promotion- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
   agree

   v. Direct marketing- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
   agree

           Note:-The marking orange color shows the result of the effect on sale.

This effectiveness are told by the managing director of BanglarMelaA.K.M.GolamMaola.




                                                                                           18
2.5:-SWOT ANALYSIS

         The SWOT analysis indicates the companies or the organization‟s internal
strengths and weaknesses and external opportunists and threats. SWOT analysis gives its
an insight of what they can do in future and how they can compute with their existing
competitors.

         Every fashion house has some strong points, weak points, opportunities and
threats. “BanglarMela” has several strengths, some weaknesses, some opportunists and
some threats. “BanglarMela‟s” strengths, weaknesses, opportunists and threats are given
below:

STRENGTH

Strengths are internal capabilities that can help the company to reach its objectives.

    Innovative combination of each and every product.
    BanglarMela‟s every branches are highly decorated.
    Reasonable price.
    They believe „Fashion for all‟.
    Their employees behaviors are praiseworthy.
    Their product decoration is also well.
    Their employees are highly skilled and trained.
    High quality products.
    Dresses are more comfortable.
WEAKNESS

Weaknesses are internal elements that may interiere with the company ability to achieve
its objectives. Though “BanglarMela” is a well-established brand but it has some
weaknesses. They are given below:

    Government policy.
    Cost of high business.
    House rent is very high.
    Electricity problem.
    Utility expenses.
    Others bills are very high.
    Tax rate.


                                                                                          19
OPPOTUNITIES

Opportunities are external elements that the company may be able to exploit its
advantage. Some opportunities of “BanglarMela” are below:

    Top managers and head of the departments were related with Grameen Bank and
     its concern Grameen Check.
    The labor and tailors are also highly experienced by their previous working
     experience.
    Now they have the opportunity to combine with “Deshi Dosh” and Grameen
     Check.
    They have also the opportunity to expand and cover all the cultural occasion.
    They have many distribution channels.

THREATS

Threats are current or emerging external elements that could potentially challenge the
company‟s performance.

“BanglarMela” has few threats. There are given below:

       The current and future external factors that Government Policy and regulation.
       As a private limited company they have to pay 15 % vat.
       Limitations of the capitals has make to take loan from Bank. So, the bank interests
       also may be threats for them.
       For the reputation of “BanglarMela” rent authority and builders taken over
       advance.

                              STRENGTHS                            WEAKNESSES
                             Reasonable price.                       Government policy.
                             They believe „Fashion for               Cost of high business.
    INTERNAL                  all‟                                    House rent is very high.
     FACTORS
                             High quality products.                  Tax rate.
                             Dresses are more                        Utility expenses.
                              comfortable
                             Fashion that suits
                              Bangladeshi culture.

                                                            SWOT


                          OPPORTUNITIES                                THREATS
                             Distribution channels                   Government Policy and
                             Cover all the cultural                   regulation.
   EXTERNAL                   occasion                                Limitations of the capitals.
    FACTORS                  The labor and tailors are               Bank interest.
                              also highly experienced                 Vat.
                             Top managers and head of
                              the departments wererelated
                              with Grameen Bank




                                POSITIVE                                 NEGATIVE
                                                                                                      20
CHAPTER 03{PART-B}

                                     CONCLUSION

       Fashion house “BanglarMela” is becoming popular day by day by providing
qualityful products.BanglarMela not only using local raw materials, local craftsman for
producing their products but also created employment opportunity for rural people and
make them self-dependent. Although maximizing profit is their main objective, but this
organization is successful for building and maintaining a strong bonding with our own
culture by the modern way at the modern age.

       Besides, this organization contributes different social work and encourages people
for buying local products. If BanglarMela increases their advertisement more & more and
maintain their services well then it will be one of the best fashion house in our country.




                                                                                             21
CHAPTER 04{PART-B}

                              RECOMMENDATIONS

--- They should give more emphasis on their promotional activities like --- TVC,
Billboards etc.

--- Their jewelry items are not so demandable, so they should develop their jewelries
quality and reset its price.

--- They should require more skilled and smart employees.

--- If they consider their pricing strategy for lower class people then their sales will be
increased more.

--- They don‟t provide any discount in any occasion, So they should plan about discount
system.

--- They should provide incentives for those buyers who purchase more products from
their fashion house.




                                                                                              22
APPENDED PARTS {PART-C}

                        INTERVIEW QUESTIONAIRE

                              BANGLAR MELA

1. The history of “BanglarMela” (Like-Founder, Starting Capital and Starting date,
   Tagline etc.)?
2. How many branches you have in Dhaka and have any branch outside Dhaka?
3. How many employees are work in your total branch?
4. What is the mission and vision of this fashion house?
5. The objective of your company
6. Your company‟s values like local product or foreign product
7. Tell something about your today‟s market growth -high or low?
8. Who are the target customers of your brand?
9. Following this who is your business competitors?
          Arong
          NagorDola
          Keykraft
          Sada-kalo
          Ogi‟s
          Others
10. Would you mind to tell something about your products?
   Characteristics:
   Variety:
   (among this which product you think is more popular):
   Quality:
   Design :( who is the main designer)
   Raw materials:
11. About your pricing strategy –
12. How you distribute your product to the final consumer and do you export any
   product to foreign country and who are your suppliers?




                                                                                     23
13. How you promotion your brand like,
     Advertisement (Where):
     Discount (%?):
     Press conference:
     Other:
 14. Media (TV, Radio or Newspaper, Billboard, Magazine): Do have any magazine?

 15. Rate the following 5 point scale

     The effectiveness of:

 vi. Advertisement- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
 agree

vii. Personal selling- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
 agree

viii. Public relation- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
 agree

 ix. Sales promotion- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
 agree

 x. Direct marketing- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly
 agree

 16. What is yourbusiness‟s?

     Strengths:
     Weakness:

     Opportunities:

     Threats:
     Last of all please say something about BanglarMela which we can use as a
     promotion or advertisement.



   THANK YOU SO MUCH FOR GIVING US YOUR VALUABLE TIME AND
          INFORMATION AND WE ALL ARE GREATFUL TO YOU.

                                                                                     24
REFERENCES {PART-C}

              1.The Managing Director of BanglarMela.

              2.Branch manager of BanglarmelaBashundhara City branch.

              3 Employees of BanglarMela, Bashundhara City branch.

              4www.banglarmela.org

Book which was used for preparing this report:-

   1. Business by Steven j skinner john m. lvancevich.
   2. Principles of marketing by Jahid, Jobayda, Shafiq, Monjur




                                                                        25
PHOTO GALLERY




CUSTOMER CHOOSING DRESS             PREPARING FOR PACKAGING            GO TO THE CASH COUNTER FOR PYMENT




TAKING WITH BRANCH MANAGER                          TAKING WITH BRANCH CUSTOMER                   TALKING WITH EMPLOYEEE




EMPRESSED A FOREIGN MARKETING TEACHER TO SEE OUR SURVEY




A PHOTO WITH M.D. OF BANGLAR MELA           A MOMENT OF GROUP STUDY                 PROVIDE DIRECTION




                                                                                                                           26
PRODUCTS VARIETY




                   27

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Analysis of Bangladesh Fashion Houses and Banglar Mela

  • 1. AN OVERALL SITUATION ANALYSIS OF THE FASHION HOUSES IN BAANGLADESH A STUDY ON “BANGLAR MELA FASHION HOUSE”
  • 2. AN OVERALL SITUATION ANALYSIS OF THE FASHION HOUSES IN BANGLADESH A STUDY ON: SUBMITTED TO:- HUSNA ARA Lecturer, Department of Business Administration East West University SUBMITTED BY:- SL NO NAME OF MEMBERS ID 01 Misbahur Rahman Sagor 2011-1-10-147 Mob:01673007223 Emai: md.sagorshikder@yahoo.com DATE OF SUBMISSION: - 21-11-2011 EAST WEST UNIVERSITY
  • 3. November 21, 2011 To, Husna Ara Lecturer, Department of Business Administration East West University SUBJECT:- REQUEST TO ACCEPT THE TERM PAPER ON AN OVERALL SITUATION ANALYSIS OF THE FASHION HOUSES IN BANGLADESH: A STUDY ON “BANGLAR MELA”FASHION HOUSE. Dear Mam, We are from your course Principles of Marketing (section-10), are very glad to submit the given group assignment on an overall situation analysis of the fashion houses in Bangladesh: A study on “Banglar Mela”. It gives enormous contentment to notify you that this group has accomplished its report under your kind hearted direct care. We have devoted our best effort to make the report an informative one. Now, we have positioned the report before you for your authorization. All members hope that this report will convince you. Thanking you. Your most obedient pupils ______________ Misbahur Rahman Sagor 2011-1-10-147 Department of BBA _________________ Linea Rahman 2011-1-10-027 Department of BBA _________________ Sanjoy Kumar Kundu 2011-1-10-150 Department of BBA _________________ Shah Soheli Iren 2011-1-10-145 Department of BBA _________________ Mst.Afroza Islam 2011-1-10-169 Department of BBA
  • 4. ACKNOWLEDGEMENT At the very outset, all praises for almighty Allah for enabling us to complete the task with good and sound health. Then, we would like to take this opportunity to express our gratitude to our course instructor “HusnaAra” (Lecture of EWU) for her continuous inspiration, supervision and patience.We are glad to see that she has faith on us so that we are given this work. Without her guidance and support it would not have been possible to come this far. We would also like to thank the managing director A.K.M. GolamMaola for his continuous support, inspiration and giving us the opportunity to collect the information about their different services, products and the quality of those services or products. And then we are also grateful to the branch manager of “BanglarMela”, Bashundhara City Branch to help us in different ways and their well behavior . All the members of this group are grateful to them who have honestly and ultimately support us in carrying out the study. Specially, we are gratified to our praiseworthy teacher HusnaAra because of his support gives us the prospect to begin the report punctually. Last but not the least; we would like to thank our friends and the persons used in the survey who helped us to find these information and data. Finally, we would like to thank our family for their numerous support in both financially and mentally which helps us lot to finish our task.
  • 5. EXECUTIVE SUMMARY This report has been equipped for the limited implementation for the marketing course.Our group have strived to hit upon the management system of popular renowned fashion houseBanglarMela. This organization is typically in foremost place in this nation and performing very important job in this country.Over the last ten year, BanglarMela has been constantly bringing new and world-class product for the Bangladeshi people to satisfy their wants and demand of life. They work in this country since from 2001; from this time the company continues the business as an independent company. And its mission is i to create panoramic designs of cloths by using local traditional fabrics and promote them in the market with a reasonable price.For promotion they use traditional media.For the report acceptance information has been accumulated from major and minor sources. Through this study it is expected that a clear idea of the customers choices. Therefore, this study tries to give some suggestion to establish a fashion business.
  • 6. TABLE OF CONTENTS SL.NO TOPICS PAGE NO 01 (PART A) INTRODUCTION 01-03 1.1 Background of the study 01 1.2 Objective of the study 01 1.3 Data collection method 02 1.4 Limitation of the study 03 02 (PART B) REPORT FINDINGS, ANALYSIS, DISCUSSION 04-20 2.1 Theoretical Foundations 04-05 2.1.1 History 04 2.1.2 Mission 04 2.1.3 Vision 04 2.1.4 Objective 04 2.1.5 Marketing mix 04 2.1.6 BCG matrix 04-05 2.1.7 STP 05 2.1.8 Market share 05 2.2 Company Profile 06-08 2.2.1 History 06 2.2.2 Company name 06 2.2.3 Location 06-07 2.2.4 Founder 07 2.2.5 Capital 07 2.2.6 Investment 07 2.2.7 Logo 07 2.2.8 Slogan 08 2.2.9 Mission 08 2.2.10 Vision 08 2.2.11 Objective 08 2.2.12 Values 08 2.3 Current Marketing Situation 09-10 2.3.1 Market description 09 2.3.2 Market growth 09 2.3.3 Industry 09-10 2.4 Marketing Mix 10-18 2.4.1 Product profile 10-14 2.4.1.1 Characteristics 10 2.4.1.2 Variety 10
  • 7. 2.4.1.3 Quality 11 2.4.1.4 Design 11 2.4.1.5 Features 11 2.4.1.6 Packaging 11 2.4.1.7 Product position through (BCG) matrix 12 2.4.1.8 STP 13 2.4.1.9 Market share 14 2.4.2 Pricing Strategy 14-15 2.4.3 Distribution 16 2.4.3.1 Distribution channel 16 2.4.3.2 Exporting issue 16 2.4.4 Promotion Tools 17-18 2.4.4.1 Tools used for promotion 17 2.4.4.2 Media vehicle 17 2.4.4.3 Message of the each tool 18 2.4.4.4 Effect on sale 18 2.5 SWOT analysis 19-20 03 Conclusion 21 04 Recommendations 22 05 (PART C) Appendix and References 23-25 06 (PART C) Photo Gallery 26-27
  • 8. CHAPTER 01{PART-B} INTRODUCTION 1.1:-BACKGROUND OF THE STUDY At the present time business and association is playing an essential responsibility to develop the financial circumstance of a country. So in the field of trade and association it is awfully crucial to continue some management. In the association it is used to continue all sorts of works resembling, monetary, maintain inventory effective arrangement, numerical uses and record management system etc. All of which create workings simple, speedy and exact so as fashion house business “BanglarMela”also exercises structural manage system to boost their trade and widen their situation. Our group has visited to “BanglarMela” and organized its report. The visitation was took place in the head office of BanglarMelain Tejgaon andBashundhara City Branch of BanglarMela and we are very glad for getting the opportunity to accomplish our practical investigate on BanglarMela. The report will definitely increase the knowledge of other students to know the fashion house business of Bangladesh 1.2:-OBJECTIVE OF THE STUDY The objective of study is to gather practical knowledge regarding over all fashion house business and its operations. Theoretical classes of BBA provide us theories regarding different subjects where as practical investigate gives us the chances to view those systems and their operations. The principal intent of this report is to analyze the trends modern customer‟s services. More precisely we can identify the objective of this report as follows:  To fulfill our course requirement of the course curriculum.  To increase our creativity and gathering experience to work in practical field.  To find out some major problem area of fashion house in Bangladesh as flows o Government policy o Political o Financial o House Rent  To study the services of Branches of BanglarMela  The preparation of the report will enable to greater concepts of the Fashion house.  To achieve realistic facts.  To suggest recommend some necessary steps to solve the existing problems. 1
  • 9. 1.3:-DATA COLLECTION METHOD To bring out the study equally primary and secondary data were used. PRIMARY SOURCES  To gather data, we chiefly used a meeting with the organization managing director and branch manager (Bashundhara City).  Direct conversation with consumer.  Observing their activities.  Collecting different opinions from consumers. SECONDARY SOURCES  As the minor basis here are mostly used the web site of Banglarmela.  Various records of fashion house.  Different articles published in the journals & magazines have been used. 2
  • 10. 1.4:-LIMITATION OF THE STUDY A proverb goes that to achieve some valuable thing have to pass a long way.While preparing the report, we had toface some obstacles that might have reduced the quality of the report. Mainly the following limitations we faced: The information we get was not adequate. Specially the technical data. The officials we interviewed cannot provide us specific information or they do not want to give. The time we are provided, was not adequate. As we all are involved in study, it was very difficult to manage time & specially co-ordination. Time constraint is the limitation restricting this report form. They didn‟t eager to give us their financial information. We had not much knowledge about fashion house business that‟s why he had to face many problems. One more difficulties was that we had no experience before to customer survey so when we went to BashundharaCity for customer survey we had to face many problems. 3
  • 11. CHAPTER 02{PART-B} REPORT FINDINGS, ANALYSIS, DISCUSSION 2.1:-THEORETICAL FOUNDATIONS The theoretical foundations of the study are given below: 2.1.1:-HISTORY History means the branch of knowledge and an established record or pattern of behavior that records and analyzes past events. 2.1.2:-MISSSION A ministry commissioned by a religious organization to propagate its faith or carry on humanitarian work. 2.1.3:-VISION Vision is a thought, concept, or object formed by the imagination. 2.1.4:-OBJECTIVE Objectives are a basic tools that underlying all planning and strategicactivities. 2.1.5:-MARKETING MIX The set of controllable tactical marketing tools-product, price, place and promotion-that the firm blends to produce the response it wants in the target market. 2.1.6:-BOSTON CONSULTING GROUP (BCG) MATRIX A company classifies all its Strategic Business Unit (SBUs) according to the growth share matrix as shown below- High STAR QUESTION MARK Market growth rate CASH COW DOG Low High Low Relative Market Share STAR:Stars are high-grown and high-share business or product. They often need heavy investment hold their business. QUESTION MARK:Question marks are high-grown and low market share business or product. They require a lot of cash hold their business. 4
  • 12. CASH COW:Cash cows are low grown market with high relative market share. They invest less amount hold their business. DOG:Dogs are low-grown and low-share business or product. They often investment enough cash to hold their business. 2.1.7:-STP SEGMENT: Dividing the total market into smaller markets based on different variable. TARGET MARKET: It is the process of measuring the segment attractive and selecting one or more segments to enter. POSITIONING: Process offsetting a clear transparent image on customer mind about the product or service. 2.1.8:-MARKET SHARE The percentage of an industry or market's total sales that is earned by a particular company over a specified time period. 2.1.9:-SWOT ANALYSIS An overall evaluation of the company‟s strengths (S), weaknesses (W), opportunities (O), and threats (T). 5
  • 13. 2.2:-COMPANY PROFILE 2.2.1:-HISTORY “BanglarMela” registered their business on 17th April 2001 as a private limited company. Next they started their operation from 3 May 2001 in Bonani sector-11. It has achieved the position of one of best-branded both showroom of handloom in the town.It‟s capital was 10 crore 22 lacks then their shareholders was 11 persons. After that 5 more shareholders were added. At first time they got 24 thousand order. Local producer, local crafts, local materials were made by NGO, TMS, Norshindi, Bogura, Dinajpur, Tangail‟s tailors. Apart from their business activity, a very appreciable thing about BanglarMela is with their occupation they have also maintain their social responsibility and awareness as a human and as worthly citizens of the country. And they proved it by their remarkably done social activities. Such as from the very beginning, in their organization they have involved mentally retarded individuals and have given them the opportunity to work and to earn like every normal human being. And has also helped them to change their view of life and also the idea towards these mentally retarded people who are unfortunately thought of no use in the society. Chief Designer of BanglarMelaEmdadHoque said BanglarMela not just a store,BanglarMela represents the culture socio environment thru our line-up. 2.2.2:-COMPANY NAME The company name is “BanglarMela” Fashion House 2.2.3:-LOCATION Banani : House # 67, Block # E, Road # 11, Banani, Dhaka- 1213. Dhanmondi-(i): Plaza A. R. (3rd Floor) Mirpur Road, Dhanmondi, Dhaka-1207. (Near SobahanBagh Masjid) Dhanmondi-(ii): Happy Homes Dr. RefatUllah Arcade, (1st Floor) House # 3, Road # 3, Dhanmondi, (Near City College), Dhaka. Mirpur : Plot # C-10, Mirpur-2, Main Road, Mirpur, Dhaka-1216, 6
  • 14. Uttara : Atique Tower,67/B, RabindraSharani, Sector – 7, Uttara, Dhaka– 1230, Malibag : Hosaf Shopping Complex, Malibagh Circle, Dhaka-1217, Bashundhara City-1: Shop # 109, Level- 2, Block # D, Panthapath, Dhaka- 1205, Bashundhara City-2: Deshidosh, Level-7, Block-A, Head Office: 336/C Tejgaon I/A, Dhaka-1208. 2.2.4:-FOUNDER Firstly BanglarMela started their busibess with 10 partners among this A.K.M. GolamMaola is the managing director of BanglarMela and after few years later they added more 5 shareholder with their business. 2.2.5:-CAPITAL They started their business with 22 lakh taka after few years their capital stands on 32 lakh taka. When they added 5 more shareholders they provide 64 lakh taka and now their present capital is 10 corer taka. 2.2.6:-INVESTMENT Firstly they invested 22 lakhtaka, then 32 lakh and lastly 64 lakh taka. 2.2.7:-LOGO 7
  • 15. 2.2.8-SLOGAN The slogan of BanglarMela is ÓevsjvigyLAvwg †`wLqvwQÓ 2.2.9-MISSION The mission of BanglarMela is to create panoramic designs of cloths by using local traditional fabrics and promote them in the market with a reasonable price. 2.2.10-VISION The vosion of banglar is the want to focus on serving the middle-income groups of people with fashion-rich local clothes.And to be the best quality fashion house in the country. 2.2.11-OBJECTIVE Such as from the very beginning, in their organization they have involved mentally retarded individuals and have given them the opportunity to work and to earn like every normal human being. And has also helped them to change their view of life and also the idea towards these mentally retarded people who are unfortunately thought of no use in the society. Chief Designer of BanglarMelaEmdadHoque said BanglarMela not just a store,BanglarMela represents the culture socio environment thru our line-up.Lastly they want to stablised their concept that “Fashion for All” 2.2.12-VALUES The values of BanglarMela is making local product by using local raw materials for all classes of peoples. 2.3:-CURRENT MARKETING SITUATION BanglarMela started their mission in 2001 and then they tried to follow a strong societal marketing policy to make profits by service people. Now every aspects of marketing sectors they are achieving their target goals. To identify their current market situation we can focus on following sectors: 2.3.1:-MARKET DESCRIPTION 8
  • 16. BanglarMela always says that, “Fashion for all”. So they are trying to reach their products among all classes of people and all levels of people in our society. They are trying to maintain affordable price for all kinds of customers. BanglarMela have started its first operation in Bangladesh in 2001.The products of BanglarMelahave been well received and the marketing is the key to the development of its brand image as well as the growth of the customer base. At first it started with one showroom but now it has already 10 showrooms at different suitable places in Dhaka city and they have also a branch in Chittagong. 2.3.2:-MARKET GROWTH The market of BanglarMela is growing high day by day because people are becoming concern for using local product. Their market growth is very good.1 st year they could fulfill their sales target.Before 2001 Banani was a very slow going market place but when BanglarMela opened their first outlet, following them others fashion houses were established their branch and now Banani become a very ceowdy and profitable market place. Same case are happened in Mirpur 2. And its only possible for BanglarMela fashion house. Besides, people purchase dresses in many occasion like Eid,Puza,PahelaBaishakh,Akushe February,BijoyDibosh.It makes the market broad more and more. 2.3.3:-INDUSTRY ANALYSIS (REVIEW OF COMPETOTORS) The thought of Banglarmela” is that they have no competitors.As keeping our own culture is their objectives so that they do not think another fashion houses as their competitorsthey want to do work together as a family. So they make “Deshi Dosh” inBashundhara city. But it is our observation that other fashion house like Arong,Nogordola,Kay Kraft,OG,Anjans,Bibiana,Nipun,Rong,ShadaKalo,Deshal,KaziKraftetc are their main competitors. 2.4:-MARKETING MIX The combination of BAnglarMela‟s four elements-product, price, promotion, place or distribution which is used to satisfy the need of their target market. 9
  • 17. After deciding on overall competitive marketing strategy, the company proceeds towards planning the details of the marketing mix. The product profile of „‟BanglarMela” is very unique and praise worthy, we can say. 2.4.1:-PRODUCT PROFILE 2.4.1.1:-CHARACTERISTICS “BanglarMela“ is expressing their characteristics through their brand name. This fashion house‟s main characteristic is they use local raw materials for their product of Bangladesh. They also provide qualityful dresses for lower middle class and middle class people as well. Their dresses are designed by many renowned fashion designers of Bangladesh. Their main target is to spread out Bangladeshi product more and more with latest design, colour and quality and they are doing so, with great success. 2.4.1.2:-VARIETY In today‟s modern world every people wants variation in all sectors, mostly those who are very much close about their dress and accessories. So, competing with other deshi fashion houses “BanglarMela” have a lot of variation in their product to satisfy their customer‟s needs and wants. They are providing all types of deshisharees, including – Taat, Silk, Cotton, Half-Silk, Mosline, Khadi etc. SalwarKamizes (Cotton, Silk, Khadi) Panjabi (Cotton, Block print, Hand paint etc). Fotua( for both men and children. Single dopatta, Single Salwar, bed cover, coushone cover etc. They are also provides Show pieces, photo frame, candle, ladies purse, bag, ladies jewellery, gift items etc. And in all types of product they aretrying their best to pick up the beauty of Bangladesh & Bangladeshi tradition. 2.4.1.3:-QUALITY Every people, when purchase something they want and consider the quality of that product first (whether it‟s high price or low price product). So from this 10
  • 18. point of view “BanglarMela “ is maintaining their product quality very strictly from the very beginning of their journey. “BanglarMela” provides a very high quality product to their target customers. They always try to use local but best quality cotton and raw materials for their final product. 2.4.1.4:-DESIGN Design of any type of product is the most attractive part for tis customers. Beautiful design &colour of any dress attracts people whether children or adults. “BanglarMela“ also gives a great emphasis on its design part. The main designer “BanglarMela” is Mr. AmdadHaque. He is one of the most renowned professional designers of our country. BanglarMela‟s designs are very unique and its fulfilling the demand of teen agers as well as middle aged people. 2.4.1.5:-FEATURES “BanglarMela” always try to use our Local fabrics, cottons and colours. Because their main motto is to serve their customers with deshi product and to enrich our Bangladeshi culture and tradition. 2.4.1.6:-PACKAGING Packaging plays a vital role of selling any product to its customers. That‟s why “BanglarMela” provides a beautiful packet, which have their logo at the centre of the packet. They also change the design and pattern of their packet in different occasion for example – in their 10th anniversary they changed the design of their packet by adding some new colours and features, which was greatly appreciated by their customers. 11
  • 19. 2.4.1.7:-PRODUCT‟S POSITIONTHROUGH (BCG) MATRIX BanglarMela classifies all its SBUs according to the Growth-share matrix as shown below: HIGH STAR QUESTION MARK Salowarkamiz Handicrafts M Shari gift item A Bed cover R Shirts K Cuttion cover E T Panjabi Orna G Shal R O W CASH COW DOG T H Fatua Tupi R Bags Harbal products A T Show piece E Jewelry LOW HIGH LOW RELATIVE MARKET SHARE 12
  • 20. 2.4.1.8:-STP SEGMENTATION Banani Dhanmondi 1, 2 Mirpur Bashundhora city Uttara Malibagh Science lab Chittagong outlet TARGET MARKET MIDDLE CLASS UPPER CLASS UPPER MIDDLE CLASS LOWER MIDDLE CLASS In case of BanlarMela,from teenager to any age group,from lower middle class to upper class,regardless to race,religion,gender ,literacy level,life style or personality any and every single person is their target market. POSOTIONING After the company has decided which market segment have to use to enter for which product, it must decide what positions it want to occupy a clear distinctive and desirable place relative to competing products in the mind of target customers. The company‟s entire marketing program should support the chosen positioning strategy. Since if a product is perceived to be exactly like another product on the market, consumers would have no reason to buy it, BanglarMela brings special features on the product as well as significant various services that positioned the products in the target segments. Products can be positioned with some positioning strategy. We find that BanglarMela has taken has taken multi-various strategy to position its various product in the market. 13
  • 21. 2.4.1.9:-MARKET SHARE (CUSTOMER‟S ATTITUDES) According to our survey the market share of “BanglarMela” is like this _____ (based on assumption) ______Among 100%, 50% are Ladies ______ 20% Gents ______10% Children LADIES ______20% Foreigners GENTS CHILDREN FOREIGNER 2.4.2:-PRICING STRATEGY Pricing decisions are subject to an incredibly complex array of environment and competitive forces. A company sets not a single price, but rather a pricing structure that covers different items in its line. This pricing structure changes over line as products move through their life cycles. The company adjusts product prices to reflect changes in cost and demand and to account for variations in buyers and situations. As the competitive environmentchanges, the company considers when to initiative price changes and when to respond to them. Factors to consider when setting price INTERNAL FACTORS 1.Marketing 3.Costs:- objectives:- 2.Marketing mix strategy #Cost of different #survival#maxim stages of izing current production profit#maximizin g market #Cost as a function share#Increasing of production sales volume experience#Organi zational 14 considerations. g investment
  • 22. EXTERNAL FACTORS 1.The market and 2.competitors 3.Other external demand :- cost, price and factors:- #pricing in offers #economic different types of conditions#reselle market rs #consumer reactions#govern perceptions of ment#social price and value concerns #analyzing the pricedemandrelat ionships. All above the #price discussion,BanglarMela setting their product actual price based on cost, demandelasticity of and competition. Products are reasonable, affordable for customers, so that customer can purchase products occasionally, frequently for their own consume or to give demand others. The pricing chart of BanglarMela CATEGORY #price PRICE (TAKA) SalowarKameez elasticity of 850-4999 demandShari 1250-3999 Panjabi 750-2999 Fatua 350-690 Shirt 320-669 Orna 250-350 Salowar 450-750 Hand bag 220-990 Purse 120-230 Tupi 190-310 Jewellary 950-1499 Harbal products 30-100 Handicrafts 120-890 Bed cover 850-2050 Kids fatua,salowarkameez 450-1999 Caution cover 299-499 Shitolpati 350-1099 Candle 10-675 15
  • 23. 2.4.3:-DISTRIBUTION 2.4.3.1:-DISTRIBUTION CHANNEL At first they started their business that owed by the labor.The village people of Narsingdi, tangail,bagura,dinajpur,some NGO,TMS are also helping them providing fabrics.Their transportation facilities helps them to reach the products in head office.Evry branches get their products from BanglarMela head office.The most important thing is that BanglarMela does not pay money to the labor but provises fabrics and handy crafts instate of money. 2.4.3.2:-EXPORTING ISSUE BanglarMela is a local fashion house, so they do not have any desire for export their products to foreign countries. They only produce local product for local people. 16
  • 24. 2.4.:-PROMOTION TOOLS For promotion BanglarMela use different types of tools: 2.4.1:-TOOLS USED FOR PROMOTION BanglarMelause only Advertisement and Sales promotion (Discount) and when they launch a new product they arrange press conference. Their advertisement mainly published on internet. THIS ADDVERTISEMENT PUBLISHED ON INTERNET 2.4.2:-MEDIA VEHICLE In media vehicle Banglarmela arrange TALK SHOWon TV, and give their product image on Newspaper and different types of newspaper. But they don‟t have any billboard. EVERY THUESDAY THEY ADDVERTISE BANGLAR MELA ALSO ADDVERTISE THEIR PRODUCT ON DIFFERENT MAGAZINE THEIR PRODUCT IMAGE ON PROTHOM ALO (NOAKSHA)NEWSPAPER 17
  • 25. 2.4.3:-MESSAGE OF THE EACH TOOL The message of the all advertisement of BanglarMela is, “New dress for all class, all level of people”. And,“Buy Your Local Products and Increase Your National Assets”. 2.4.3:-EFFECT ON SALE The effectiveness of: i. Advertisement- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree ii. Personal selling- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree iii. Public relation- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree iv. Sales promotion- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree v. Direct marketing- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree Note:-The marking orange color shows the result of the effect on sale. This effectiveness are told by the managing director of BanglarMelaA.K.M.GolamMaola. 18
  • 26. 2.5:-SWOT ANALYSIS The SWOT analysis indicates the companies or the organization‟s internal strengths and weaknesses and external opportunists and threats. SWOT analysis gives its an insight of what they can do in future and how they can compute with their existing competitors. Every fashion house has some strong points, weak points, opportunities and threats. “BanglarMela” has several strengths, some weaknesses, some opportunists and some threats. “BanglarMela‟s” strengths, weaknesses, opportunists and threats are given below: STRENGTH Strengths are internal capabilities that can help the company to reach its objectives.  Innovative combination of each and every product.  BanglarMela‟s every branches are highly decorated.  Reasonable price.  They believe „Fashion for all‟.  Their employees behaviors are praiseworthy.  Their product decoration is also well.  Their employees are highly skilled and trained.  High quality products.  Dresses are more comfortable. WEAKNESS Weaknesses are internal elements that may interiere with the company ability to achieve its objectives. Though “BanglarMela” is a well-established brand but it has some weaknesses. They are given below:  Government policy.  Cost of high business.  House rent is very high.  Electricity problem.  Utility expenses.  Others bills are very high.  Tax rate. 19
  • 27. OPPOTUNITIES Opportunities are external elements that the company may be able to exploit its advantage. Some opportunities of “BanglarMela” are below:  Top managers and head of the departments were related with Grameen Bank and its concern Grameen Check.  The labor and tailors are also highly experienced by their previous working experience.  Now they have the opportunity to combine with “Deshi Dosh” and Grameen Check.  They have also the opportunity to expand and cover all the cultural occasion.  They have many distribution channels. THREATS Threats are current or emerging external elements that could potentially challenge the company‟s performance. “BanglarMela” has few threats. There are given below: The current and future external factors that Government Policy and regulation. As a private limited company they have to pay 15 % vat. Limitations of the capitals has make to take loan from Bank. So, the bank interests also may be threats for them. For the reputation of “BanglarMela” rent authority and builders taken over advance. STRENGTHS WEAKNESSES  Reasonable price.  Government policy.  They believe „Fashion for  Cost of high business. INTERNAL all‟  House rent is very high. FACTORS  High quality products.  Tax rate.  Dresses are more  Utility expenses. comfortable  Fashion that suits Bangladeshi culture. SWOT OPPORTUNITIES THREATS  Distribution channels  Government Policy and  Cover all the cultural regulation. EXTERNAL occasion  Limitations of the capitals. FACTORS  The labor and tailors are  Bank interest. also highly experienced  Vat.  Top managers and head of the departments wererelated with Grameen Bank POSITIVE NEGATIVE 20
  • 28. CHAPTER 03{PART-B} CONCLUSION Fashion house “BanglarMela” is becoming popular day by day by providing qualityful products.BanglarMela not only using local raw materials, local craftsman for producing their products but also created employment opportunity for rural people and make them self-dependent. Although maximizing profit is their main objective, but this organization is successful for building and maintaining a strong bonding with our own culture by the modern way at the modern age. Besides, this organization contributes different social work and encourages people for buying local products. If BanglarMela increases their advertisement more & more and maintain their services well then it will be one of the best fashion house in our country. 21
  • 29. CHAPTER 04{PART-B} RECOMMENDATIONS --- They should give more emphasis on their promotional activities like --- TVC, Billboards etc. --- Their jewelry items are not so demandable, so they should develop their jewelries quality and reset its price. --- They should require more skilled and smart employees. --- If they consider their pricing strategy for lower class people then their sales will be increased more. --- They don‟t provide any discount in any occasion, So they should plan about discount system. --- They should provide incentives for those buyers who purchase more products from their fashion house. 22
  • 30. APPENDED PARTS {PART-C} INTERVIEW QUESTIONAIRE BANGLAR MELA 1. The history of “BanglarMela” (Like-Founder, Starting Capital and Starting date, Tagline etc.)? 2. How many branches you have in Dhaka and have any branch outside Dhaka? 3. How many employees are work in your total branch? 4. What is the mission and vision of this fashion house? 5. The objective of your company 6. Your company‟s values like local product or foreign product 7. Tell something about your today‟s market growth -high or low? 8. Who are the target customers of your brand? 9. Following this who is your business competitors? Arong NagorDola Keykraft Sada-kalo Ogi‟s Others 10. Would you mind to tell something about your products? Characteristics: Variety: (among this which product you think is more popular): Quality: Design :( who is the main designer) Raw materials: 11. About your pricing strategy – 12. How you distribute your product to the final consumer and do you export any product to foreign country and who are your suppliers? 23
  • 31. 13. How you promotion your brand like, Advertisement (Where): Discount (%?): Press conference: Other: 14. Media (TV, Radio or Newspaper, Billboard, Magazine): Do have any magazine? 15. Rate the following 5 point scale The effectiveness of: vi. Advertisement- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree vii. Personal selling- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree viii. Public relation- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree ix. Sales promotion- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree x. Direct marketing- a)Strongly disagree b)Disagree c)Neutral d)Agree e)Strongly agree 16. What is yourbusiness‟s? Strengths: Weakness: Opportunities: Threats: Last of all please say something about BanglarMela which we can use as a promotion or advertisement. THANK YOU SO MUCH FOR GIVING US YOUR VALUABLE TIME AND INFORMATION AND WE ALL ARE GREATFUL TO YOU. 24
  • 32. REFERENCES {PART-C} 1.The Managing Director of BanglarMela. 2.Branch manager of BanglarmelaBashundhara City branch. 3 Employees of BanglarMela, Bashundhara City branch. 4www.banglarmela.org Book which was used for preparing this report:- 1. Business by Steven j skinner john m. lvancevich. 2. Principles of marketing by Jahid, Jobayda, Shafiq, Monjur 25
  • 33. PHOTO GALLERY CUSTOMER CHOOSING DRESS PREPARING FOR PACKAGING GO TO THE CASH COUNTER FOR PYMENT TAKING WITH BRANCH MANAGER TAKING WITH BRANCH CUSTOMER TALKING WITH EMPLOYEEE EMPRESSED A FOREIGN MARKETING TEACHER TO SEE OUR SURVEY A PHOTO WITH M.D. OF BANGLAR MELA A MOMENT OF GROUP STUDY PROVIDE DIRECTION 26