Posed for Growth
                 A         d i s c u s s i o n o n d eve l o p i n g
                           yo u r h o m e - g ro w n b r a n d




                           Misala Handmade Bags & Purses 2013
Saturday, January 19, 13
Discussion Outline


                      About misala

                      Starting up a home-grown
                      brand

                      Think outside the box to grow
                      your business




Saturday, January 19, 13
About Us
                      2009: Relocation to UAE

                      2010: Michelle started her craft projects at
                      home, targeting the local craft fair

                      2010 Q4: Opened Etsy Store

                      2011 Summer: Store management
                      taken over by Sanford

                      2012 Opened online store at www.pinkoi.com

Saturday, January 19, 13
1000+ Pieces sold to 40
                           countries

                           Retail stockists in US, Canada
                           and Australia




Saturday, January 19, 13
Saturday, January 19, 13
Building your Brand
                           from the Ground Up



Saturday, January 19, 13
Business Management is Crucial!

                      Treat and manage crafty business with professionalism.
                      Once you have started selling online, you are not an
                      amateur any more!

                      If you are only selling to cover your costs, you are not
                      earning your well-deserved wages as a designer

                      Add values to your creation by managing your
                      brand professionally




Saturday, January 19, 13
Branding Theory


                      Core: Product

                      1st Layer: Presentation /
                      Brand Perception

                      2nd Layer: Pre- and Post-
                      Sales Customer Service

                      3rd Layer: Advertising for
                      Brand Awareness!



Saturday, January 19, 13
Properties of a Good Product

                      Uniqueness

                      Appealing Aesthetics

                      Craftsmanship and
                      Quality Control

                      Created with Best
                      Materials




Saturday, January 19, 13
Professional                    Craft
                       Jargons                    Techniques




                                    Knowledge
                                    Is the Key!



                     Sharing                       Gaining
                 with Colleagues                  Experience




Saturday, January 19, 13
Be Original!
                           Respect the intellectual rights of other designs
                                      so they will respect you!
              Source: http://www.littleoslo.com/cnt/home/hello-kitty-%E8%88%87-miffy-%E5%92%8C%E8%A7%A3

Saturday, January 19, 13
Marketing is a study on human psychology

                      Customers visits a shop with a specific purpose. Cater
                      to their needs to find the way to open their wallets.

                                                 Finding
                                               Inspiration
                           Wanna Spend!                          Buying a Gift


                                          Bookmarking
                       My friend                             Cute!!!
                      will love this



Saturday, January 19, 13
A Simplified Flow of a Visit to your Site
                                   Page Loads


                                                     No
                                   Lovely Products
                                                            I’m
                                                          Leaving
                                            Yes
                                                           Now!
                                       Seller        No
                                    Trust worthy


                                            Yes
                                                          Well.. will think
                                                             about it
                                                     No
                                   Fantastic Price


                                            Yes

                             Where’s my Credit Card??



Saturday, January 19, 13
Product
                                                       Selection


                                           Product /
                                          Brand Story



                                   Logo
                                                              Proper English


                                             Website



                           Trust
                                                            Seller Policy


                                     User Feedback




Saturday, January 19, 13
Online                        Promote in
                                         Social Net work
                           Advertising                       Person



                      Nobody knows the great stuffs you are making if
                      you were working as an isolated island. Be a
                      lighthouse instead!




Saturday, January 19, 13
Growing Beyond a
                            Garage Business



Saturday, January 19, 13
Crafty Business in UAE

                                Cons                             Pros

                    Not the best environment to      Mysterious Middle East
                    foster creativity
                                                     A central position in the world
                    High small business start-up
                    cost                             Small, highly concentrated city
                                                     for every needs
                    Not ideal postal system
                                                     High living standard
                    Higher cost of living compared
                    with Asian countries



Saturday, January 19, 13
Strengths:                           Weaknesses:
                      Creativity is limited only by    Unstable and
                      imagination; many ways to        unpredictable income
                      market and sell what you
                      do



                 Opportunities:                       Threats:
                      High growth of the               Being copied
                      industry worldwide
                                                       Another economic crisis
                      Market in UAE is under-
                      developed



Saturday, January 19, 13
Production Cost(Hourly Wage+Materials)x 2 = Wholesale Price
                                     Wholesale Price x 2 =Retail Price




                      Designer designing a killer product deserves top designer wage

                      Handmade should never compete with mass-produced products in
                      price

                      Cater to smaller wallets with different price points, not low pricing

                      Discounting is a power secret weapon and should always be used
                      with a marketing strategy and purpose. It should not be used as a
                      short-term boost to traffic.



Saturday, January 19, 13
Sales fluctuates seasonally depending on your market segment and
                      geographic location

                      In general, slow months are from April till October and are the best months
                      to develop your foundations. Your efforts will be realized between November
                      and March and sales will flow through if you were doing it all right.

                      Marketing and promotion strategies should consider the needs of customers
                      in the festive days, often requiring months of planning ahead of time.
                      Logistics should also be arranged early to ensure prompt delivery


                                    Summer                                  JAN
                                              Back-to-School   Halloween           Valentine’s Easter
                                     Break




               APR                   JUL                OCT           Thanksgiving              APR
                                                                  Christmas & New Year




Saturday, January 19, 13
Open Up Your Mind

                      Be aware of world news and have a thought about how
                      they can affect world economy.

                      Look globally and not just your local market

                      Stories of other successful people could help. Instead of
                      copying completely their strategies, incorporate and adopt
                      them into your business according to your specific needs




Saturday, January 19, 13
Case: American Apparel

                      Strategy:
                      Vertical Integration

                      Boost Local Employment

                      Cost and Quality in
                      Control




Saturday, January 19, 13
Case: Zappos

                      Strategy:
                      Custom Service Oriented

                      Free Shipping & Returns

                      Best Advertising is Words of Mouth




Saturday, January 19, 13
A craft seller is both a Brand Manager and the CEO of your own
                      business

                      Growing it beyond your garage requires changes in the mindset
                      from an individual to an entrepreneur. The fact that you can do
                      anything from your home does not mean it is not a serious full
                      time job. Instead, your own business will take even more time and
                      energy than working at a company

                      Invest for the long term; take a macro view of your full business
                      position. Be persistent and do not get discouraged by little things

                      Provide excellent service for even the most difficult customers.
                      Turn them into your most loyal fans




Saturday, January 19, 13
Additional Readings


                      Work Your Art
                      http://www.workyourart.com/

                      Mixergy
                      http://mixergy.com/goto/welcome/

                      Designing an MBA
                      http://designinganmba.com




Saturday, January 19, 13
Contact Us

                           michelle@misala.cc


                             www.misala.cc




Saturday, January 19, 13

Misala: developing your homegrown brand

  • 1.
    Posed for Growth A d i s c u s s i o n o n d eve l o p i n g yo u r h o m e - g ro w n b r a n d Misala Handmade Bags & Purses 2013 Saturday, January 19, 13
  • 2.
    Discussion Outline About misala Starting up a home-grown brand Think outside the box to grow your business Saturday, January 19, 13
  • 3.
    About Us 2009: Relocation to UAE 2010: Michelle started her craft projects at home, targeting the local craft fair 2010 Q4: Opened Etsy Store 2011 Summer: Store management taken over by Sanford 2012 Opened online store at www.pinkoi.com Saturday, January 19, 13
  • 4.
    1000+ Pieces soldto 40 countries Retail stockists in US, Canada and Australia Saturday, January 19, 13
  • 5.
  • 6.
    Building your Brand from the Ground Up Saturday, January 19, 13
  • 7.
    Business Management isCrucial! Treat and manage crafty business with professionalism. Once you have started selling online, you are not an amateur any more! If you are only selling to cover your costs, you are not earning your well-deserved wages as a designer Add values to your creation by managing your brand professionally Saturday, January 19, 13
  • 8.
    Branding Theory Core: Product 1st Layer: Presentation / Brand Perception 2nd Layer: Pre- and Post- Sales Customer Service 3rd Layer: Advertising for Brand Awareness! Saturday, January 19, 13
  • 9.
    Properties of aGood Product Uniqueness Appealing Aesthetics Craftsmanship and Quality Control Created with Best Materials Saturday, January 19, 13
  • 10.
    Professional Craft Jargons Techniques Knowledge Is the Key! Sharing Gaining with Colleagues Experience Saturday, January 19, 13
  • 11.
    Be Original! Respect the intellectual rights of other designs so they will respect you! Source: http://www.littleoslo.com/cnt/home/hello-kitty-%E8%88%87-miffy-%E5%92%8C%E8%A7%A3 Saturday, January 19, 13
  • 12.
    Marketing is astudy on human psychology Customers visits a shop with a specific purpose. Cater to their needs to find the way to open their wallets. Finding Inspiration Wanna Spend! Buying a Gift Bookmarking My friend Cute!!! will love this Saturday, January 19, 13
  • 13.
    A Simplified Flowof a Visit to your Site Page Loads No Lovely Products I’m Leaving Yes Now! Seller No Trust worthy Yes Well.. will think about it No Fantastic Price Yes Where’s my Credit Card?? Saturday, January 19, 13
  • 14.
    Product Selection Product / Brand Story Logo Proper English Website Trust Seller Policy User Feedback Saturday, January 19, 13
  • 15.
    Online Promote in Social Net work Advertising Person Nobody knows the great stuffs you are making if you were working as an isolated island. Be a lighthouse instead! Saturday, January 19, 13
  • 16.
    Growing Beyond a Garage Business Saturday, January 19, 13
  • 17.
    Crafty Business inUAE Cons Pros Not the best environment to Mysterious Middle East foster creativity A central position in the world High small business start-up cost Small, highly concentrated city for every needs Not ideal postal system High living standard Higher cost of living compared with Asian countries Saturday, January 19, 13
  • 18.
    Strengths: Weaknesses: Creativity is limited only by Unstable and imagination; many ways to unpredictable income market and sell what you do Opportunities: Threats: High growth of the Being copied industry worldwide Another economic crisis Market in UAE is under- developed Saturday, January 19, 13
  • 19.
    Production Cost(Hourly Wage+Materials)x2 = Wholesale Price Wholesale Price x 2 =Retail Price Designer designing a killer product deserves top designer wage Handmade should never compete with mass-produced products in price Cater to smaller wallets with different price points, not low pricing Discounting is a power secret weapon and should always be used with a marketing strategy and purpose. It should not be used as a short-term boost to traffic. Saturday, January 19, 13
  • 20.
    Sales fluctuates seasonallydepending on your market segment and geographic location In general, slow months are from April till October and are the best months to develop your foundations. Your efforts will be realized between November and March and sales will flow through if you were doing it all right. Marketing and promotion strategies should consider the needs of customers in the festive days, often requiring months of planning ahead of time. Logistics should also be arranged early to ensure prompt delivery Summer JAN Back-to-School Halloween Valentine’s Easter Break APR JUL OCT Thanksgiving APR Christmas & New Year Saturday, January 19, 13
  • 21.
    Open Up YourMind Be aware of world news and have a thought about how they can affect world economy. Look globally and not just your local market Stories of other successful people could help. Instead of copying completely their strategies, incorporate and adopt them into your business according to your specific needs Saturday, January 19, 13
  • 22.
    Case: American Apparel Strategy: Vertical Integration Boost Local Employment Cost and Quality in Control Saturday, January 19, 13
  • 23.
    Case: Zappos Strategy: Custom Service Oriented Free Shipping & Returns Best Advertising is Words of Mouth Saturday, January 19, 13
  • 24.
    A craft selleris both a Brand Manager and the CEO of your own business Growing it beyond your garage requires changes in the mindset from an individual to an entrepreneur. The fact that you can do anything from your home does not mean it is not a serious full time job. Instead, your own business will take even more time and energy than working at a company Invest for the long term; take a macro view of your full business position. Be persistent and do not get discouraged by little things Provide excellent service for even the most difficult customers. Turn them into your most loyal fans Saturday, January 19, 13
  • 25.
    Additional Readings Work Your Art http://www.workyourart.com/ Mixergy http://mixergy.com/goto/welcome/ Designing an MBA http://designinganmba.com Saturday, January 19, 13
  • 26.
    Contact Us michelle@misala.cc www.misala.cc Saturday, January 19, 13