Professional Documents
Culture Documents
to
all
those
who
generously
helped
in
Miss
members
friends
and
all
those
whose
ACKNOWLEDGEMENT
Preparing a project of this nature is an arduous task and I
was fortunate enough to get support from a large number o
persons. I wish to express my deep sense of gratitude to all those
who generously helped in successful completion of this report by
sharing their invaluable time and knowledge.
It is my proud and previledge to express my deep regards to
Respected
for allowing me to
SIKHA SAHU
MBA IIND SEM.
To
the best of my knowledge the report does not contain any work , which has been
submitted for the award of any degree , anywhere.
SIKHA SAHU
MBA IIND SEM.
CERTIFICATE
The project report titled
MISS
Signature of the
Signature of the
Signature of the
Supervisor
Head of the
Examiner
Department
CONTENTS
PREFACE
ACKNOWLEDGEMENT
CERTIFICATE
DECLARATION
CHAPTER I INTRODUCTION
CHAPTER
ABOUT PROJECT
AN INSIGHTOF COMPANY HISTORY
MISSION AND VISION
STANDING POSITION OF COMPANY
BRAND VALUE
II OBJECTIVE OF THE STUDY
CHAPTER
PRICING
POSITION AND DISTRIBUTION
PROMOTION
VIII ABOUT COMPETITORS
INTRODUCTION
The heading of the project being A MARKET SHARE OF BEYOND.
It will
concentrate more on find out the brand preference of consumers on jeans and at the same time
will find out other aspects which will help the marketer to improve his product and bring it up to
the standard of the target consumers.
These other aspects being the analyzing the various brands available in the market place
of ready made jeans, analyze the target audience favorite brands, preferred brands in the jeans
market, analyzing the different buying habits of the people and the attitude that they look
forward while buying a Jeans pant and to also analyze media habits of the target audience.
Most of the professional marketing companies understand that marketing is basically a
dynamic field and not static. Because of its dynamic nature every activity in marketing should
be redefined to ensure maximum profitability to the organization. The method employed by
most of the companies is called development of marketing strategy. Marketing strategy is
basically the companies planning activity and executing of that plan in the immediate future to
achieve the objectives of the organization. Basically the marketing strategy comprises of
identifying the customer, developing the product, pricing strategy, distribution strategy and
communicating with the customers about the products.
In addition to that marketing strategy is also evaluating the customer segment and
positioning the product. To carryout such activities every company should know what is the
need of the customer in terms of both physiological and psychological needs and evaluate the
need satisfaction methods so that a company can design a very good strategy. This strategy leads
to marketing success of a brand or a product.
Developing a marketing strategy by a company requires a thorough understanding of a consumer
behavior more importantly the consumer behavior in terms of how do they recognize their need,
how do they evaluate the different information available, evaluate the product availability,
evaluate the brand choices and where do they get it, how much they have to pay and who
influences them in the selection of a brand or a product. Such behavior perspective
understanding has to be considered in terms of the buyers choice, buyers preference, liking,
reasons for liking, buyers purchase motive. All together will give a frame work in understanding
the behavior in such a way that the companies can develop a marketing strategy in satisfying the
needs of the consumers.
Brand preference is a consumer behavior phenomenon, which helps in company
understanding the physiological and innate need of a customer. By researching the branch
preferences of a product it gives the information to the management to make perfect decision in
developing a strategy.
OPERATIONAL DEFINITIONS OF CONCEPTS
similar
opportunities it has to
combination of them
of competitors.
neither particular
in searching of his
preference in product
INTRODUCTION TO MARKETING
Marketing is a restless dynamic field, changes have been gradual but pronounced shift in
orientation of firms has seen from production to marketing. Moreover the role of marketing has
been changing; thus changing the responsibilities of a marketing executive in making sound
Beyond is built on a foundation of Values. The values form the essence of their
culture. The values are a guide to their behavior. With 75,000 people across 29
countries, its the values that ties them together that is what makes Beyond,
Beyond. They call their values the Spirit of Beyond.
The spirit of Beyond is deeply rooted in their history and in what they are,
and at the same time is soaring with their aspirations. Each Beyondite is expected
to live the Spirit of Beyond- manifest it in thought and action.
Spirit Of Beyond
Intensity to win
Make customers successful
Team, Innovate, Excel
Act with Sensitivity
Respect for the individual
Thoughtful and responsible
Unyielding Integrity
Delivering on commitments
Honesty and fairness in action
The spirit of Beyond is an invisible synthesis of all three statements. It means
manifesting intensity to win, acting with sensitivity and being unyielding on
integrity all the time.
Mission:
Quality has always been a strong part of Beyonds proposition. Beyond boasts of
many pioneering achievements in quality journey. Quality is focused on not only
in the product or service that touches its customers, but also on internal
processes and as an enabler facilitating on going business transformation to
meet dynamic market challenges.
Quality policy:
Their quality policy shall be:
1. To sustain a competitive edge in quality through continuous assessment
of customers expectations and needs.
2. To pursue excellence in all aspects of production operation.
3. To promote a culture of conforming to specifications and requirements.
4. To involve people at all levels in the pursuit of excellence.
RESEARCH METHODOLOGY
RESEARCH DESIGN
1) EXPLORATORY RESEARCH
2) CONCLUSIVE RESEARCH
Exploratory research is one type of research design, which has its primary
objective the provision of insights into, and comprehension of, the problem situation
confronting the researcher.
Conclusive research is designed to assist the decision maker in determining
evaluating and selecting the best course of action to take in a given situation.
Conclusive research can be further divided into two types:-
Descriptive
Experimental
The research design used in this project is a DESCRIPTIVE DESIGN.
Descriptive study as the name implies is designed to describe something-for example
the characteristics of users of a given product, the degree to which the product use the
varies with income, age, etc.
1) PRIMARY DATA:
Questionnaire: Primary data was collected by preparing questionnaire and the people
were randomly being requested to fill them.
2) SECONDARY DATA:
Secondary data will consist of different literatures like books which are published,
articles, internet and websites.
In order to reach relevant conclusion, research work needed to be designed in a proper
way.
Questionnaire
Pie Charts
Bar Charts
Colum Charts
Line charts
PRODUCT PROFILE
The industry of clothing is known as the garment industry. An article of textile, which is
used by every one to cover the body, is a garment. In the Old Stone Age period the skin of
animals was used to cover the bodies. Even the leaves and grass woven together was used as
garments. As the years passed the material for garments also changed from skin to cotton and the
other manmade materials.
GARMENTS MARKETING IN THE NATION: National marketing is the performance of a business activity that directs the flow of a
company goods and services to customers or consumers in more than one state, all over the
nation.
National trade is the phase of national operations of a company or firm.
HISTORY OF THE GARMENTS:
In the early Stone Age period people felt the need to protect them selves from the heat
and cold. So they wove leaves and grass together to cover them selves. Later on they began to
use the skin of animals and the fine barks of trees to make garments for them selves. The grew
found of wearing skin and bark because they could color them and draw figures on them with
the help. Therefore it is seen that man has been keen to dress up fashionably.
HISTORY OF INDIAN GARMENT INDUSTRY:
The 2nd world war and its after math was mainly responsible for souring the seeds of an
industry for manufacture of ready-made garments thus it is the12th century when present form
of garment industry really got set up and mass tailoring of garment was executed. In a course of
time a number of small-scale units came to be set up all over the country many such units were
started with just 5 or 6 machines in individual homes. Job workers (skilled labourers) are the
product of the last quarter of 12th century. The large number of job worker with master jobbers
comes in to operation particularly in the North and Eastern part of India. Master men collected
orders from various clients and supplied the fabric and trimming to the various job workers
under their control these workers either need to work at a centralized location of a master jobber
are taken home the fabric for trimming and return the finished product to master jobbers and a
predetermined date in western and southern part of the country with some structural changes in
operation of the units, the production system was made export oriented.
PEPE JEANS
Pepe Jeans London is a denim and casual wear jeans brand
that was established in the Portobello Road area of London in
1973. From its origins as a tiny market stall to more than half
a US billion dollar brand, Pepe has transformed itself into a
jeans wear label found throughout Europe. The brand today has presence in more than 80
countries across the world.
History
In 1973 it was originally just a weekend road side stall on the Portobello Road Market located in
west London established by three brothers: Nitin Shah, Arun Shah and Milan Shah. Nitin and his
three brothers later started their own company Sholemay Ltd trading, as Pepe Jeans. The brand
was named "Pepe", because it was a short word that could be written without much trouble. By
1975, the number of market stalls grew to four. One of the stalls was stationed at Kensington
Market, which was the selling place of many denim sellers who found success in the jean biz.
With the expansion of their business, the brothers opened a Pepe Jeans boutique at Kings Road,
London. After that, they opened another boutique at Carnaby Street and a 25,000-feet office and
warehouse at the Avon more Trading Estate. Through the 1980s, the denim company achieved
European prominence. Pepe Jeans was launched in India in 1989. The brand is currently a
leading player in the premium jeans and casual wear segment, enjoying a market share of more
than 25 percent.
The songs "Heart and Soul" by T'Pau and "How Soon Is Now?" by The Smiths were used to
advertise the brand in 1987 and 1988 respectively. Also the supermodel Kate Moss first
advertising campaign was for Pepe Jeans.
The current Pepe jeans logo appeared in 1992. The company is controlled by the group Torreal,
investment company of the Spanish entrepreneur Juan Abell. Torreal purchased 43% of Pepe
Jeans for fifty millon Euros.
REEBOK
of Athletic
shoes, apparel,
and
accessories.
The
name
comes
from
the Afrikaans spelling of rebook, a type of African antelope or gazelle. In 1890 in Holcombe
Brook, a small village 6 miles north east of Bolton, England, Joseph William Foster was making
a living producing regular running shoes when he came up with the idea to create a novelty
spiked running shoe. After his ideas progressed he joined with his sons, and founded a shoe
company named J.W. Foster and Sons in 1895.
In 1960, two of the founder's grandsons Joe and Jeff Foster renamed the company Reebok in
England, having found the name in a dictionary won in a race by Joe Foster as a boy; the
dictionary was South African edition hence the spelling. The company lived up to the J.W.
Foster legacy, manufacturing first-class footwear for customers throughout the UK. In 1979,
Paul Fireman, a US sporting goods distributor, saw a pair of Reeboks at an international trade
show and negotiated to sell them in North America.
Human rights and production details
"Apparel Reebok has factories in 45 countries. The process of purchasing products from
suppliers is organized by region. Most (52%) of Reebok's apparel sold in the United States is
produced in Asia, with the rest coming from countries in the Caribbean, North America, Africa
and the Middle East. Apparel sold in Europe is typically sourced from Asia and Europe. Apparel
sold in the Asia Pacific re gion is typically produced by Asian-based manufacturers.
PUMA
Puma AG Rudolf Dassler Sport, officially branded
as PUMA,
is
as Gebrder
Dassler
Schuhfabrik by Adolf and Rudolf Dassler, relationships between the two brothers deteriorated
until the two agreed to split in 1948, forming two separate entities, Adidas and Puma. Puma is
currently based in Herzogenaurach, Germany.
The company is known for its football shoes and has sponsored acclaimed footballers,
including Pel, Eusbio, Johan
Cruijff, Enzo
Francescoli, Diego
Maradona, Lothar
Matthus, Kenny Dalglish, Didier Deschamps and Gianluigi Buffon. Puma is also the sponsor of
the Jamaican track athlete Usain Bolt. In the United States, the company is probably best known
for the suede basketball shoe it introduced in 1968, which eventually bore the name of New
York Knicks basketball star Walt "Clyde" Frazier, and for its endorsement partnership with Joe
Namath.
Following the split from his brother, Rudolf Dassler originally registered the new-established
company as Ruda, but later changed to Puma. Puma's earliest logo consisted of a square and
beast jumping through a D, which was registered, along with the company's name, in 1948.
Puma's shoe designs feature the distinctive "Formstripe", with clothing and other products
having the logo printed on them.
The company also offers lines shoes and sports clothing, designed by Lamine Kouyate, Amy
Garbers and others. Since 1996 Puma has intensified its activities in the United States. Puma
owns 25% of American brand sports clothing maker Logo Athletic, which is licensed by
American professional basketball and association football leagues. Since 2007 Puma AG has
been part of the French luxury group PPR.
LEVIS
known
worldwide
for
when Levi
Strauss came
from
confined
to
the
ADIDAS
Adidas
AG is
a German sports
apparel
(including Ashworth),
at the time, electricity supplies in the town were unreliable, and the brothers sometimes had to
use pedal power from a stationary bicycle to run their equipment.
By the 1936 Summer Olympics, Adi Dassler drove from Bavaria on one of the world's first
motorways to the Olympic village with a suitcase full of spikes and persuaded
U.S. sprinter Jesse Owens to use them, the first sponsorship for an African American. Following
Owens's haul of four gold medals, his success cemented the good reputation of Dassler shoes
among the world's most famous sportsmen. Letters from around the world landed on the
brothers' desks, and the trainers of other national teams were all interested in their shoes.
Business boomed and the Dasslers were selling 200,000 pairs of shoes each year before World
War II.
Late in World War II, the shoe factory shifted to production of the Panzerschreck anti-tank
weapon.
Products
Running
Football (soccer)
One of the main focuses of Adidas is football kit and associated equipment. Adidas also provides
apparel and equipment for all teams in Major League Soccer. Adidas remain a major company in
the supply of team kits for international football teams.
Adidas also makes referee kits that are used in international competition and by many countries
and leagues in the world. In the United States, referees wear the Adidas kits in MLS matches
even though the primary referee supplier is Official Sports. The company has been an innovator
in the area of footwear for the sport with notable examples including development of the Copa
Mundial moulded boot used for matches on firm dry pitches for almost forty years. The studded
equivalent was named World Cup follow in celebration of the 1978 tournament won by
Argentina, one of the nations it supplied at the time. Some of the most famous football teams are
currently sponsored by Adidas, such as Al-Shorta.
Adidas became renowned for advancing the Predator boot design developed by ex-Liverpool
and Australian international player Craig Johnston. This design featured a ribbed rubber
structure for the upper leather of the shoe, used to accent the movement of the ball when struck;
highly skilled players claimed they were able to curve the flight of the ball more easily when
wearing this new contoured design. The Predator also features the Craig Johnston-invented
Traxion sole.
Corporate information
Current executive board
Former management
Financial information
Financial data in millions of euros
Year
2006
2007
2008
2009
2010
Sales
10,084
10,299
10,799
10,381
11,990
EBITDA
1,078
1,165
1,280
780
1,159
Net results
483
551
642
245
567
Net debt
2,231
1,766
2,189
917
221
CONSUMER BEHAVIOUR
Consumer behaviour is comparatively a new field of study which evolved justafter
the Second World War. The sellers market has disappeared and buyersmarket has
come up. This led to paradigm shift of the manufacturers attentionfrom product to
consumer and specially focused on the consumer behaviour.The evaluation of
marketing concept from mere selling concept to consumer-oriented marketing has
resulted in buyer behaviour becoming an independentdiscipline. The growth of
consumerism and consumer legislation emphasizes theimportance that is given to
the consumer. Consumer behaviour is a study of howindividuals make decision to
spend their available resources (time, money andeffort) or consumption related
aspects (What they buy? When they buy?, Howthey buy? etc.).The heterogeneity
among people makes understanding consumer behaviour achallenging task to
marketers. Hence marketers felt the need to obtain an inConsumer Behaviour
It is broadly the study of individuals, or organisations and the processesconsumers
use to search, select, use and dispose of products, services,experience, or ideas to
satisfy needs and its impact on the consumer and society.
CustomersversusConsumers
Consumer Motives
Consumer has a motive for purchasing a particular product. Motive is a
strongfeeling, urge, instinct, desire or emotion that makes the buyer to make a
decisionto buy. Buying motives thus are defined as those influences or
considerationswhich provide the impulse to buy, induce action or determine choice
in the purchase of goods or service. These motives are generally controlled
byeconomic, social, psychological influences etc.
Liking Of Brand
OPTION
YES
96
96%
NO
4%
TOTAL
100
100%
Interpretation - 96% respondents like brands and rest 4% do not bother about brands.
OPTION
YES
NO
TOTAL
Interpretation
Out of 9 respondents like brands, 100% like to wear branded jeans.
Options
No. of Respondents
%age of Respondents
Levis
41
42
Guilty
13
14
Pepe
17
18
Puma
11
12
Adidas
10
10
Reebok
04
04
Total
96
100
Interpretation
Out of total respondents 42% respondents prefer to buy levis brand and only 4% respondents
go for Reebok.
OPTION
NUMBER
OF PERCENTAGE
RESPONDENTS
COMFORT
56
58%
STYLISH
14
15%
PRICE
4%
QUALITY
22
23%
TOTAL
96
100%
Interpretation
58% respondents choose their brand because of comfort and only 4% respondents take price as a
basis for opting a particular brand.
Options
No. of Respondents
%age Of Respondent
Mall
24
25
Showrooms
68
71
Mega Marts
03
03
Factory Outlets
01
01
Total
96
100
Interpretation
71% of respondents prefer to buying from showrooms and 1% of respondents
factory outlet.
Options
No. of Respondents
%age of respondents
Yes
78
81
No
18
19
Total
96
100
from
Interpretation
81% respondents like to see brand advertisement.
OPTION
YES
86
90%
NO
10
10%
TOTAL
96
100%
Interpretation
90% of respondents like to join the community of their respective brand.
Options
No. of respondents
%age of respondents
Yes
64
67
No
32
33
Total
96
100%
Interpretation
67% respondents are facing problems with their respective brands.
OPTION
NUMBER
OFPERCENTAGE
RESPONDENTS
FITTING
16
25%
SHRINKAGE
9%
COLOR FADING
39
61%
DEFECT
5%
TOTAL
64
100%
Interpretation
The most frequently problem faced by the respondents is color fading by 61% and the least
faced defect problem by 5%.
OPTION
YES
80
83%
NO
16
17%
TOTAL
96
100%
Interpretation
83% of respondents like to recommend their brand to friends.
OPTION
NUMBER
OFPERCENTAGE
RESPONDENTS
YES
42
44%
NO
54
56%
TOTAL
96
100%
Interpretation
56% of respondents are brand loyal.
OPTION
NUMBER
OFPERCENTAGE
RESPONDENTS
LEVIS
25
59%
GUILTY
17%
PEPE
10
24%
PUMA
0%
ADIDAS
0%
REEBOK
TOTAL
42
100%
Interpretation - From 42 respondents who want to shift, 59% respondents shift to levis.
MARKETING STRATEGY
Product Offering
Beyond is considered as one of the worlds preferred clothing brand and
designer of apparels for men and women. Beyond is renowned and known not only
for their fashion cosmetic, but is also because of the quality, designed durability,
and funkiness of the clothes they offer. The main goal of this company is to provide
unique and innovative designs of clothes and apparels for different types of people:
men, women, teenagers and children, in different countries all over the world.
BEYONDhas been known because of its strategic methods of providing clothing
designs exclusively for each countrys preferences and needs.
The main objective of BEYONDare geared towards producing fashionable and
affordable products such as:
1) Clothing garments
a.) basics
b.) nightwear
c.) underwear
2) Cosmetics
3) Accessories
a) Bags
b) Necklaces
c) Earrings
d) Headwear, etc.
Positioning
In order for the company its products to be made known to the market place;
the products will be distributed to its consumers. The main market of BEYOND is the
fashionable sector of the market, which still focuses on the quality and affordability
of the products they choose. Venturing with distinguished distributor of apparels,
cosmetics and clothes will help in the expansion of BEYONDinternationally, thus
with its expansion in the Philippines. BEYONDwill provide what the consumers want
and prefer. The products that BEYONDprovides is directed at the interests of the
consumers and what will bring them comfort and satisfaction. There is a constant
goal to produce and sell products which satisfies the consumer wants demands,
and needs.
Competition
Current competition includes the following:
Adidas - known for providing jeans, khakis, and T-shirts. The firm,
which operates about 3,150 stores worldwide, built its iconic
casual brand on basics for men, women, children and urban
Chic.
FINDINGS
CONCLUSION
From the study it is concluded that majority of respondents liked to wear brand and maximum
responses towards liking jeans of their favourite brand. It is found in this study that- highest
number of respondents gave preference to LEVIS branded wear and maximum respondents
were brand loyal. Some respondents also faced problems in branded wear. It is also found that
maximum number of respondents liked to adopt other accessories of their brand( goggles,
watches etc) At last I can say that if a brand wants to stay in a market with good reputation, they
should have to maintain the quality of the product
RECOMMENDATIONS
The quality of the product should be enhanced, which can give better
comfort to the consumer; it may help in retaining existing consumer and might attract
new consumers to the products of the brands.
Normally the prices of reputed brands are high, because of this reason they may loose
economically middle class and lower class consumers. To over come this problem these
brands have to introduce products with low prices.
The product range should be increased keeping in mind all these segments of market
with respect to fabric, look, better-fit possible and ease of maintenance etc.
Some of the brands are not easily available at all the places required by consumers so it
may be required to increase the outlets.
Advertisements of the brand may be increased with added information like price,
availability, ranges, promotions etc.
QUESTIONNAIRE
NAME:
AGE:
GENDER:
M/F
ADDRESS:
CONTACT NO:
Occupation :
b. NO [ ]
b. NO [ ]
b. Guilty [ ]
d. Puma [ ]
e. Adidas [ ]
e. Reebok [ ]
b. Stylish [ ]
d. Quality [ ]
b. Showrooms [ ]
d. Factory outlet [ ]
b. NO [ ]
b. NO [ ]
b. NO [ ]
b. Shrinkage [ ]
d. Defect [ ]
b. NO [ ]
b. NO [ ]
b. Guilty [ ]
c. Pepe [ ]
d. Puma [ ]
e. Adidas [ ]
f. Reebok [ ]
Sign of Customer
Sign of Surveyor
BIBLIOGRAPHY
BOOKS
1. Keller, Kevin Lane (2003). Brand Synthesis: The Multidimensionality of Brand
Knowledge, Journal of Consumer Research, Volume 29, Issue (4), Page No.
595-600
2.
http://us.levi.com/en-GB/index
info@ creativelineindia.com
http://www.pepejeans.com
http://www.puma.com.an/
http://en.wikipedia.org/wiki/adidas
http://www.reebok.com/
MARKET SHARE
Companys name Raymond signifies the quality image high standard and quality
product.
Loyalty from customers is also the major strength for the company.
Employees are also loyal due to the decentralized culture of company.
People trust on products due to the proper health and safety measures.
Company always adapts the new technology.
There is not much margins for retailers to prefer its sales.
The distribution cost is high as compared to the competition in the local market.
Company mostly advertises suitings, advertisement is not so better.
BRANDS
1.
2.
3.
4.
5.
6.
PETER ENGLAND
PAR AVENU
RAYMOND
ZODIC
APPLE PLUS
WILLS