Professional Documents
Culture Documents
FBM Docx Final PDF
FBM Docx Final PDF
Personality
Culture
Relationship
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Reflection
Self-image
Kapferer mentioned that these features would only come in effect when a
brand will communicate with consumers. According to the professor, a brand
will be considered strong if it is capable of incorporating all features into an
effective effort to avail a concise, transparent and appealing brand identity. In
this article, we will cast light into those six aspects introduced by Kapferer.
1. Physique
The basic of your brand’s identity will be determined by its “Physique”. The
physical characteristics and the primary objective of your product or service
create some specific images, ideas and emotions among the consumers.
2. Personality
Here the term “personality” stands for the character of the brand. By
making contacts with consumers in some specific ways, organizations try to
make consumers’ realize that they have actually constituted an individual
with a certain character that always speak to them. However, organizations
become enable to do so only when they incorporate a specific style of
writing, using specific color and design.
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3. Culture
It has been seen that, several brands are benefited by the fact they are
considering as originated in consumer home nation. Professor Kapferer has
given an example by saying that, American brand “Mars”, the candy bar
manufacturer, makes Dutch people feel that the company is from their
home land.
4. Relationship
For example, the luxury carmaker Lexus clearly sets its class apart from
MBW by providing its customers a red carpet treatment. The true aspect of
relationship is more significant for the service brand than the product
brand.
5. Reflection
This aspect signifies the reference direct to the stereotypical consumer of the
brand. If you think of the term of “Reflection”, you can take the example of
Coca-Cola that basically targets the consumer aged between 15 to 18 and
they promotes the values such as sporty, fun and friendship, when their
actual target is much broader. In his book, professor Kapferer stated that
there is no requirement to hire a brand manager to make a significant
reflection of the actual group in their advertisement campaign, but rather
they should present a group that can appeal to the entire member to the
target group.
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6. Self-image
The term “Self-image” stands for a mirror held by the targeted group itself.
For example, a driver who used to drive a Porsche can easily indulge in a
thought that he is a rich man, as he can afford such a high-class expensive
car. When a company develops its brand identity, the brand manager
should take such facts into account. We can take another example of
Lacoste, as researchers have found that consumers of the brand always love
to consider themselves as members of a sports club.
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NEED, WANT AND DEMAND
The women segment currently account for 87% of the total ethnic wear market
at the INR. 54.425 crores. The opportunities thrown up by ethnic/ wedding
market in India are tremendous. Owing to the religious and cultural diversity of
India, a wide range of occasion are celebrated when consumer tend to purchase
ethnic wear. Entrepreneurs looking at investing in ethnic wear market have an
immense capacity as organized retailers are offering franchise opportunity to
partner with them. Many brands like Manyavar are offering a good 30% return
on investment to franchisees. The big fat Indian wedding industry, cultural and
religious occasions are the key reasons contributing to the growth of Indian
ethnic wear market. From small to big towns, the market is growing fast. The
category, which has been favourite with the old people in India, is now
becoming popular among the youth as well. Modern retailers, especially large
format retailer are ramping up their expansion plans across metros tier-1 and
tier-11 cities. This will contribute significantly to the growth of Indian ethnic
wear market.
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NAME OF THE BRAND
In the name “Craft 2 Fashion signifies Stylize form, shape and figure that
means craft converted into fashion.
This name creates a new ideas in practical, creative endeavors that
provide an outlet for versatility heritage.
With this name the company promises to provide different silhouettes
that are suitable for the Indian women according to their body type and
sizes.
In Numerology Meanings for Number 2 explain that it represents Moon.
So ,it is sympathetic, extremely concerned, emotional, caring and
imagination.
Beads is the symbol of order and continuity.
LOGO
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LOGO ANALYSIS
COLOR SIGNIFICATIONS
Black: Power, Sexuality, Sophistication, Elegance
Blue: loyalty, trust and integrity, reliability and responsibility, caring, concern,
idealistic and orderly.
Yellow: high energy, enthusiasm, hope, fun, and cheerfulness.
Red: Passion, Love, Desire, and Strength
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Product aesthetic design
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Silhouette Design
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THE 4 P’S
PRODUCT PRICE
PROMOTION PLACE
POSITIONING
Ethnic brand for the fashion & Handloom conscious, independent
women
connecting with different crafts
Environmental friendly and classy
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USP OF THE COMPANY
Best merchandise
Affordable price
Great ambience
Innovative Indian craft
FUTURE SENARIOS
In terms of expansion of business currently two aspects are there that will be
taken consideration of. These are:
Expanding the business will include expansion in terms of Export
merchandise. Some artisans will be hired who will work for the company. This
will be in coordination with the name of the brand that is “craft 2 fashion”
Initially one Mortar store will be opened and then after some time the success
of the store online retailing will be started.
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BRAND IDENTITY PRISM OF CRAFT 2 FASHION
COMPETITORS
Biba
Neeru’s
Kalanjali
Fab India
Soch
Nalli’s
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TWO BRANDS TO CROSS CHECK THE BRAND IDENTITY OF THE BRAND
“CRAFT 2 FASHION”
To check the brand identity of the brand lets take two brand which are already
established in the same category:
Soch
Fabindia
A. SOCH
INTRODUCTION
CONCEPT
Independent
Has her own opinions
Takes care of her personality
Wants to look beautiful
Has aims and aspirations
Part of decision making
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B. FABINDIA ABOUT THE COMPANY
Fabindia is India's largest private platform for products that are made from
traditional techniques, skills and hand-based processes. Fabindia links over
55,000 craft based rural producers to modern urban markets, thereby
creating a base for skilled, sustainable rural employment, and preserving
India's traditional handicrafts in the process. Fabindia's products are
natural, craft based, contemporary, and affordable.
THE VISION
“At Fabindia we celebrate India, and Endeavour to bring all that we love
about India to customers around the world.” THE MISSION We will harness
the transformative power of a well-run business committed to profitable
growth in support of Fabindia’s Vision. We will strengthen and support our
community of customers, designers, artisans, farmers, makers and
entrepreneurs inspired by India. We will give our customers products that
delight them by interpreting our rich heritage and traditional knowledge,
while protecting the natural environment.
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The Company Fabindia
Business
Segments The company operates through three segments –
Fabindia stores, Wholesale Exports, and Institutional
Sales
Fabindia’s first retail store opened in New Delhi in
1976. Today, Fabindia has 141 retail stores across
India and 1 store each in Dubai, Nepal and Italy.
The product range consists of garments for men,
women, children and infants; garment accessories;
home furnishings – bed, bath, table and kitchen linen,
upholstery fabric, curtains, floor coverings and a range
of non textile products like furniture, lights, lamps and
stationery. In addition to handcrafted clothing and
home furnishings, Fabindia’s product line includes
organic foods and Personal care products.
• Fabindia exports to over 33 countries worldwide, to
wholesalers as well as retailers. Products include home
linens as well as garments.
Revenues 350 Cr – 500 cr(as its privately held hence exact numbers
were not available)
Staffing
Retail Strategy
Focus
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Competitors Clothing: Very little competition from organized sector,
primary competition is from small regional boutique players
such as Kilol, Anokhi, Cottons Organic Food and Furniture:
Several organized chains such as Godrej’s Nature Basket in
food. Primarily unorganized sector in Furniture
To remain true to our company’s history and our founder’s original Vision:
"In addition to making profits, our aims are constant development of new
products, a fair, equitable and helpful relationship with our producers, and
the maintenance of quality on which our reputation rests." – John Bissell To
ensure that we delight our customers with our products and service, and
always make them feel that they are getting great value for their money. To
design, make and sell products with intrinsic worth that comes from the
original designs, knowledge, care and skill with which these are made. To be
true to our commitment and history as an ethical and trust-worthy brand
promoting a stake-holder based community model of inclusive capitalism.
To constantly share our Vision with our employees, suppliers, business
associates and customers, so that we collectively ensure that all our actions
are in service of our Vision, Mission and Guiding Principles.
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4 P’S
Product:
Fab India is considered a cult lifestyle brand as it converges global clothing
style with traditional Indian handicraft. Fab India has expanded and remained
profitable without losing its soul of handmade clothing and ethnic wears made
by rural Indian craftspeople. The company offers a wide range and variety of
products in its marketing mix as it has diversified into categories such as
furniture and personal care. Its portfolio is broadly categorised into
Women clothing and accessories like Lehenga, Saris, Salwar, Kurtas,
Tunics, Shawls, Jwellery, Bags and Footwear
Men clothing and accessories which include Kurtas Shirts, Jacket,
Pyjamas, Trousers, Footwear, Bags and Jwellery
Kids clothing for boys, girls, and infants. The girl category has Kurtas,
Churidars, Jackets. Boys category has short kurtas, shirts, jackets.
Infant category has boys and girl accessories
Home and gift segment has Table Covers, Bed Linen, Curtains, Floor
Coverings, Bath Linens, and Giftwares like Tableware.
Furniture for living room, study room, dining room, and bedroom
Personal Care products for hair and skin like body wash, creams, Face
pack, Shampoo, Conditioners
The company has organic line of products such as Tea & Coffee, Oils &
Ghee
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Fab India offers western dresses under Fabel brand
Fab India keeps its product portfolio same across the geography of its
operations.
Price:
The target customer of company is middle class consumers in cities of India
and abroad. The market in apparel segment is competitive, so Fab India applies
going rate competitive pricing for most of its product. However, Fab India
applies product line pricing for each of its product wherein a base price is set
for the high price sensitive consumer segment and higher quality products are
marketed to less price sensitive consumer segment at a premium over the base
price. This strategy has helped the company to expand its middle-class base as
well as in attracting upper class of society. The company recognises the value
perceived by Indian consumers in hand made clothing and thus deploys
perceived value pricing to add a slight mark up on its products. Fab India also
does promotional pricing by offering its product at discount prices for a window
of time.
Place:
Fab India exports its product which are limited to garments and home linens to
over 33 countries. The exports are done to wholesale as well as retail channels.
Company had opened its first retail store in New Delhi in 1976 and has
expanded its retail channel up to 211 retail stores across India, 2 stores in
Singapore, 2 stores in Dubai, 1 store in Italy, 1 store in Nepal, 1 store in
Malaysia and 1 store in Mauritius. Fab India also sale its product through its
online web portal. Company’s product also available through other e-tail
platforms like Amazon and Flipkart. Fab India also operates as wholesale
supplier to other brick and mortar retail shops and Fab India’s products are
available through modern retails and through traditional wholesale channel.
Company sells its product to commercial accounts directly through its
dedicated sales team.
Promotion:
Fab India’s unique proposition lies in its institutional framework where it gives
employment to thousands of craftspeople in rural India and has protected the
dying industry of ethnic handmade clothing. Company put forward its work for
the community in all its marketing campaigns to get emotional connect with
people of India. Its campaign also revolves around assuring higher quality of its
products which are handmade and organic. It organises crafts mornings where
artisans speak about their art and experts are invited to speak on importance
of using organic products and environmental production. Company has been
involved in various CSR activities and is one of the most known brand in India
for its work towards the society. Fab India has used acquired media platforms
like Facebook and Twitter where subscriber positive opinions on its page has
helped the brand in acquiring more customers in India as well as globally. Of
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lately, the brand has also started developing TV commercials and ad
campaigns on digital media platforms like YouTube. For its B2B channel, Fab
India offers product customization and interior consulting for heritage hotels,
resorts, and corporate houses.
Since this is a service marketing brand, here are the other three Ps to make it
the 7Ps marketing mix of Fab India.
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COMPARISON
Eco
REFLECTION friendly Premium prices Fashion
Environmental Conscious
Fashion & friendly Independent
craft Contemporary &
conscious affordable
women
“Women of Today” Her thoughts are
SELF-IMAGE Glimpses as beautiful as her
of earthy “ A delighted clothes.
colours & customer is our
style brand Beauty inside and
Ambassador” outside.
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CONCLUSION
“Strong brands are capable of weaving all aspects into an effective order to
create a concise, clear and appealing brand identity.”
-Jean-Noel Kapferer
Brand identity prism enables brand managers to assess the strengths and
weakness of their brands using the aspects of the prism. It also helps to find
the way of creating the brand loyalty and financial values.
Therefore, in this case what can be added to the identity of the brand is the
environmental aspect as we saw in the case of Fabindia. Some sort of hand
based processes can be involved that give advantage to the brand in terms of
an additional point on the USP of the brand and also to the customer in terms
if the healthy benefits that they get from the quality of the fabric that they
wear.
The brand should have a USP that differentiate it from other brands and make
it stand out from other brands. Such kind of quality like that of Fabindia will
make the brand reflect information about different crafts and techniques used
in India and will makes the customers more aware of the work put in for their
fabric and helps them with their association with brand FabIndia.
The brand also should focus on customer retention to grab more loyal
customers. The main point to be considered is that the motivating factor for the
customer is quality and consistency of product and the service.
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