Professional Documents
Culture Documents
INTRODUCTION
General Santos City. The center of this study is to find out if the business,
Shoe Painting will be feasible or not. It talks about how the business will be
significance of the study, the data and other figures were gathered through
research using methods and techniques. The content of this study involves
where artist can redesign and modify the shoes. The artists are not just
depending on the taste or want of the client. Usually the type of shoes or
brands are mostly used are white sneakers ; Nike and Adidas, these 2
(2015). Also you can customize in Vans and Converse and other shoes as
parts that are perfect for new color ways. Some additional scuffing and
adhesion promoter should have those plastic pieces looking sharp. Each
get the shoe ready for paint. Painting is the specific type of paint used,
do to protect your work and have a wearable shoe that lasts for years.
Skipping any of these steps or not paying attention to detail will result in
the fact that people want something that fit to them and to they’re style.
attract customer with their limited edition shoes even though the price are
expensive.
I alter the plain old white sneaker in to new at first it just a Do it Yourself or
The famous French fashion designer Roger Vivier once said, ‘To
While this may seem like an exaggeration, some people truly begin to
dream when asked about their shoes. Several enthusiasts among us may
even own hundreds of shoes because they do not ever wish to repeat
wearing a pair. While buying shoes from traditional retailers are still
popular, a new and emerging trend is that of custom shoes. While there is
a widespread perception that these products are pricey and cater only to
customized, individual products has broadened the size and scale of the
The main drivers of the custom shoes market are the proliferation of
infrastructure in the developing world, along with both global and domestic
e-commerce players catering to the demand has broadened the market for
custom shoes considerably. People can order the shoes which they want
when they want from the comfort of their own homes. If they wish for
something extra, they can even design shoes to their exact needs and
requirements with the help of 3D printers. These custom shoes can then
holds true for the custom shoes market as well. While millennial are known
requirement gives people a sense of being part of the process and that
Every coin has two sides and there are certainly some challenges
faced by the custom shoes market. Some of the critical ones include name
social media and the Internet have allowed entrepreneurs with limited
funds to reach potential clients across the world, there can be initial
unknown. They may be worried about inferior quality and might prefer a
custom shoes market than the regular market, it is akin to a form of mass
makers will need to offer much more variety and choice. Due to a lack of
economies of scale, some players in the custom shoes market may need
the direction we will put up and to help communicate the goals and
SERVICES DESCRIPTION
(NIKE BRAND)
Bryant
customized Inspired
and Shoes.
the client/ customer
The want
can decide clienthe/she
may give
wantsdetails
kind of
what character,
of design.
customer.
(VANS BRAND)
the customer
1.3.3 Major Consumer
The consumer who can avail of this product and services are the people
1.4 RATIONALE
knowledge not just to the researchers but also with other institutions.
The most important thing is that the researchers want to know if the
source of respondents.
to a new one.
Business.
This involves survey for those who are live in barangay Lagao, Bula
General Santos City and the result of the study will be based from the
interview guide.
Potential Investors – the result of the study will give an idea to the
other investors who have the plan in putting up this kind of business
future when they are about to venture with the business. This study
The results of the study will help the Shoe Painting Business in the
society to determine their status in the industry and will develop more
strategies in deciding what is the best thing to do in order that the business
was conducted. It is the flow of the research that was done by the
researcher.
1. Marketing Aspect
2. Technical Aspect
3. Management and
Organization Aspect
4. Financial Aspect
5. Socio Economic
Aspect
Research Methodology
At least
3 Barangays
near your
Business
Location
Figure No.1
1.8.2 RESPONDENTS
questionnaires.
creative way.
MARKET ASPECT
size and the estimated market share of the business. It targets to make a
research on the demand of the product and supply in order to achieve the
2.1 Demand
Target Market
Market Segmentation
Demographic Segmentation
2020)
Adulthood
Adulthood
13-17
13-17
Early Adulthold
Early Adulthold
Age
Age 18-29
18-29
Middle
Middle Adulthold
Adulthold
Mids 30s-
Mids 60s-
30s- 60s-
Low income
Low income
customer
customer
Demographic
Demographic Mid
Mid Income
Income
Income
Income
Segmentation
Segmentation Customer
Customer
High income
High income
customer
customer
Elementary
Elementary
Students
Students
Junior
Junior High School
High School
Education
Education Students
Students
Senior
Senior High
High
School
School Students
Students
Figure 3
Geographic Segmentation
Demographic Segmentation
Geographic segmentation is a process of grouping
National Philippines
South
Regional Cotabato
Geographic
Segmentation Barangay
Lagao
General
Barangay
Local Santos
Bula
City
Barangay
San Isidro
Figure 4
Geographic Segmentation
Behavioral Segmentation
capture the customer based on his / her needs. Also, as people are
becoming more and more conscious about the brands they buy and
Potential
user
Interested Ex - user
Loyal
High Regular
Behavioural involvement user Not
Not Loyal
Segmentation Interested
Negative
Low Opinion
involvement
Figure 5
Behavioural Segmentation
Markets Size
will show the number of individuals who will avail the services of the
business while considering the factors of age range, poverty rate, and
the margin of error. This can help to solve the estimated market size
of the business.
population of 31,363 and lastly Barangay San Isidro with a total of 52,
Table 2
Market Size
Particulars Total
Barangay Lagao 50,789
Barangay Bula 31,363
Barangay San Isidro 52,832
Total 134,984
Less: Poverty Rate
Business Target Market Size
Percentage Willing Respondents
Market Size
Less:
Adjusted Market Size
2.1.2 Past Demand Pattern Evaluation
2.1.3 Demand Projection
2.2 Supply
2.2.1 Competition
Direct Competitors
Indirect Competitors
Table 3
Market Share
Particulars Total
Free market
Practical capacity of Shoe Painting
Estimated Market Share Percentage
Table 5
Free Market
Particulars Total
Total Demand
Free Market
2.4 Pricing
for the operation of the business. Pricing is one of the important factors to
ensure that the business would run good in the business so it should be
done well and the price must be reasonable. The researcher has based
the offered price based on the materials used which is the brand of shoes;
in Nike Air Force brand the price of shoes including its customizing are
worth 6,300 following with the second product which is the Vans including
its customizing are worth 4,000 and lastly customizing your own shoes are
worth 1,500 .The table below presents the list of prices in the proposed
business.
Table 5
Pricing
(Include Shoes)
Customizing Shoes Brand
(Include Shoes)
Shoes 1,500
The Shoe Painting will utilize all media streams for conducting
so bystander can see it and may be curious about the Shoe Painting
Table
Promotion Strategy
Type of Advertisement Cost Service
Provider