opportunity to drive consumption and distribution of otc fabrics in kerala

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Opportunity to drive consumption and distribution of OTC Fabrics in Kerala Sabarinath S U S4 MBA Institute of Management in Kerala

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Page 1: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Opportunity to drive consumption and distribution

of OTC Fabrics in Kerala

Sabarinath S US4 MBAInstitute of Management in Kerala

Page 2: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Data reveals that after Raymond - Vimal, S Kumars and Siyaram’s are also stocked in shops on a larger basis

Raymond

Vimal

S kumars

Siyaram's

Bombay Dye

ing

Gwalior S

uitings

Aravind

Grasim

Reid & Taylor

Linen Club

Mafatlal

DigjamOCM Gini

Janson

0

5

10

15

20

25

30

35

40

Brand stocked in the shops

*The Survey is conducted among 51 prominent textile shops in South Kerala

NO

OF

STORES

Page 3: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Data shows that Cotton is the most preferred among the fabric materials.

91%

7%2%

First Preference Material by Customers - Overall

Cotton Poly-viscose Poly-wool

Page 4: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Customer Material Preference

Cotton Poly-viscose Poly-wool Linen05

101520253035404550

Customer Material Preference

1st Preference 2nd Preference 3rd Preference 4th Preference

*The Survey is conducted among 51 prominent textile shops in South Kerala

NO

OF

STORES

Page 5: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

• Majority of shops prefers Cotton as most demanded fabric.

• As per the current market trend Linen fabrics holds the second place but it is costlier.

• Due to lower cost and durability Poly-viscose holds the position closer to Linen

• Poly-wool holds the position lower than others, due to the presence in Suitings

Page 6: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Quality is considered as the most important attribute other than brand for customers who prefer buying OTC fabrics

Quality; 51%Brand; 35%

Price; 14%

1st Preference for buying Fabrics

Customer Buying Preference

Page 7: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Age group• Data reveals that 35-50 years , is the most consumption age group for

OTC fabrics.

• Youngsters prefer Ready made over ready to stich fabrics, but a part of market lies in School uniform , which is essential.

Age Group Counts*

15-25 yrs 525-35 yrs 1235-50 yrs 32

Above 50 yrs 16

*The Survey is conducted among 51 prominent textile shops in South Kerala

Page 8: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Purpose of Purchase

Most purchase made by individuals are for their self and 28% of purchase are done for gifting purpose.

Purpose of Purchase %

For Self 72%

Gifting 28%

Page 9: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Price Range• Among the surveyed shops the most preferred price range is from

500-800 for individual purchase and above Rs.1000 is less preferred by customers.

Buyer‘s Price Range Counts*

Up to 350 3

350-500 17

500-800 30

Above 1000 7

*The Survey is conducted among 51 prominent textile shops in South Kerala

Page 10: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

• The Data suggests that Onam is the most preferred season by customers for fabric purchase followed by Ramzan and Christmas.

• In areas like Kottayam and Ernakulam where the Christian population is higher there Christmas is considered the second best season for fabric purchase.

Seasonal Preference

Seasonal Counts*

Onam 51Ramzan 22

Christmas 21Vishu 5

School Season 4*The Survey is conducted among 51 prominent textile shops in South Kerala

Page 11: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Season for buying Combo-packs

• In Kerala there are few wedding seasons, and it is a tradition to gift the relatives and friends during wedding so clearly “chinga” masasam according to Malayalam calendar –month of July-August could be considered as a season where gifting tend to rise.

• Other festive seasons like Onam, Christmas, Vishu, Ramzan all provides us with ample opportunities to push our products.

Page 12: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Gifting Choice

Shirts only; 31

Shirt & Dothi combo; 23

Shirt and trouser combo; 16

Trouser only, 1

• Most customer prefers Shirts only for gifting purpose.

• As per data, Shirts and Dhotis combo packs finds more market over Shirts and Trouser combos.

*The Survey is conducted among 51 prominent textile shops in South Kerala

Page 13: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Major Combo-pack Players In the Market

MCR, 22%

Ramraj, 22%

Vimal, 12%Kitex, 7%Siyaram's, 7%

Bombay Dyeing, 5%Local , 5%

S kumars, 5%Gwalior suitings, 2%

J.Hampstead, 2%Janson, 2%

Mafatlal, 2%MCD, 2%

Grasim, 2%

*The Survey is conducted among 51 prominent textile shops in South Kerala

Page 14: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

• Ramraj and MCR which are prominent players in Shirts and Dothis combo market holds 44% of market share.

• Shirts and Trousers Combo-packs markets are held prominently by Vimal, Siyarams, Kitex.

Page 15: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Shirts and Trousers –Combo pack Brands

Vimal

Siyaram's

Bombay Dye

ing

S kumars

Grasim

Gwalior s

uitings

Janson

Mafatlal

Kitex

J.Hampste

ad

-5%

0%

5%

10%

15%

20%

25%

30%

Page 16: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Shirts and Dothis –Combo pack Brands

MCR Ramraj Kitex

-5%

0%

5%

10%

15%

20%

25%

30%

Page 17: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Converting a readymade to fabric user• To promote brand awareness activity with campaings such as –Raymonds the complete

man so as to convince the brand conscious lot to buy the materials.

• To provide in-house tailoring facility in the outlets itself to attract more people.

• To provide material and design choices in such a manner to closely compete with the emerging trends in the readymade markets.

• The products to be priced such that there be a clear trade off between the readymade and materials in terms of the price factor.

• Uniform combos to be introduced during the school reopening season –specially that of schools like K.V Which follow the same uniform pattern across the nation.

Page 18: Opportunity to drive Consumption and distribution of OTC Fabrics in Kerala

Thank you