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Leather Industry - Marketing Project Group-4

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MUMBAI

PGPM 2019-21
SEMESTER-1 SECTION-’M’ GROUP-4

SUBJECT: MARKETING MANAGEMENT

TOPIC: ‘A STUDY OF MARKETING MIX OF LEATHER INDUSTRY’

GUIDED BY: DR. RAHUL SHAH


PREPARED BY:
SR. NO. ROLL NO. NAME ENROLLMENT NO.

1 42 RUSHIL PATEL 19BSP2336


2 39 RAHUL KEJRIWAL 19BSP2101
3 62 DHRUV DADA 19BSP3542
4 48 SHUBHAM DESAI 19BSP2726
1 5 04 AISHWARYA GAIKWAD 19BSP0169
1
Leather Industry:
• Leather is a prominent industry in India.
• Main sector from which demand is derived is fashion, footwear, furniture,
interiors, automotive.
• Indian Leather accounts to 13% of world’s total leather production.
• Around 10% of world’s footwear production comes from India.
• India’s leather industry is bestowed with skilled manpower, innovative
technology, increased industry compliance to international standards and support
of allied industries.
• Emerging strengths of the sector lies in design development, continuous
modernization, technology upgradation.
FA B R I K A M

Bespoke-Leather
The Professional’s Choice
About Us:
We provide customized high-quality Leather
products (Shoes & Belts) at a reasonable price,
being home-delivered.
High quality products coupled with customization,
after sale services and price reasonability, definitely
makes Bespoke- Leather, the ideal choice for
everyone’s requirements.

The Professional’s Choice


Random Sample Survey
“A pinch of Probability is worth a pound of perhaps”

5
Random Sample Survey

6
Marketing Mix
• Banners in Fest, • Customized shoes
Social Gatherings, and belt
Business parks • Waterproof and
• 3years Warranty Normal
• Return after 1year
and get 50%
refund Promotion Product

Place Price

• Selective distribution • Penetration


• Deliver at their place
Business Model
Segmentation.
GEOGRAPHIC
Mumbai.

DEMOGRAPHIC
Students (MBA & LAW), Corporate Professionals (>20 Age group).

BEHAVIOUR
Students of MBA & LAW Colleges and Corporate professionals who
prefer spending less on Leather shoes & belt without compromising quality.
Targeting

CONCENTRATED MARKET

CUSTOMIZED MARKET

• Initially 20 colleges in Mumbai.


• Business parks.
Positioning.
Product Character

Product Price

Product Use
Revenue Model

Source
5 Team Members, Each Bringing 2Lakhs
Expenses Cost Revenue
Item Amount Product Price Qty. Total
Product Price
2 full time employee 360000
Promotional banners 200000 Formal Shoe 1000 600 600000

Repairs of shoes 100000 Formal Shoe 700


Water proof
Replacement of shoe 100000 1200 700 840000
shoe
2 motor bike 100000 Water proof
900
shoe Belts 400 500 200000
Fuel 50000
Petty Expenses 50000
Belts 300 Total 2600 1800 1640000
Total 960000
Conclusion-Timeline (1.5years)

0-4 Months 4-8 Months 8-12Months 0-4 Months 4-8 Months

Phase-1 Phase-2 Phase-3 Phase-4 Phase-5


• Research about the • Referral promotion Optimization of Vendor • Change in our • Expecting to generate
market. for brand recognition. and customer. product price based Targeted Revenue.
• Sponsorships and • Target customers will Optimization of Product
on market response
• Addition of some new
promotional activities. and feedback. geographical area.
be 100 people. Services.
• Expecting starting of • Change in marketing
sales. strategies.
Recommendations

• Customized Products by Leather Industries.

• Provides Customer satisfaction.

• Target to Unique sized body.

• Initially to those who can afford and then expand.


Thank you!

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