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EXECUTIVE SUMMARY
The fashion business is a growing enterprise all around the world. The clothing line
company, which is a component of the business, is likewise thriving as time passes. There are
several clothing labels to choose from, some of which are national brands and others of which
are international ones. The fashion industry, particularly the fabric manufacturing industry, was
not always as simple as it is now. This was due to the fact that clothing was produced
styles change on a regular basis, and in most situations, individuals travel back in time to
reintroduce previous trend. The fashion industry is one that is always changing and fashion
trends will always come and go with the changing of the seasons.
Fashion is a booming industry here in the Philippines, with nearly one-fifth (19%) of
those surveyed claiming to owned more than 100 items. Millennials (those aged 16 - 34) have
the largest proportion of new clothing; 42 percent of millennials indicate they have acquired at
least half of their wardrobe in the last year alone. This compared to 28% of baby boomers
(those over the age of 55) who say the same. The Philippine fashion industry released figures
that show a positive outlook for the domestic fashion market. In general, the market is
expected to reach 106.5 billion. With a market volume of 49.2 billion, women's clothing will
continue to be the leading category. In 2021, there will also be a 960.00 rise in per-person
revenue. Overall, people's love of fashion, as well as the rising number of middle-class families,
But now, since it is very common to us Filipinos to patronage different brands and styles
from different countries depending on its popularity, why don’t we have our own kind of brand
and style instead? We now present to you the WEAR IT: WEAR confidently, WEAR comfortably,
wear, WEAR IT. WEAR IT clothing line is a business that is geared and open for all ages and
gender. The clothing line is intended to be ordinary clothing with a current and fashionable
twist. The clothing is intended for both women and men of all ages who want fashionable
outfits and an active social life. The major goal of the WEAR IT clothing line is to build and
develop own distinctive and modern clothing line while maintaining the style and refinement
that society and generations want. WEAR IT clothing is appropriate for women and men of all
ages and body types and will be using neutral colors to fit any skin types.
Products will be sold in a cheaper price that anyone can afford regardless of class or
background, and it should be expected that there will be a big promos and benefits to active
customers so that they will have a lesser to pay but more to wear. WEAR IT clothing line will
provide a professional and a model-like kind of style suited and accessible for everyone. Men
and women of all ages will be the target customer of the business since it is intended and open
for all. Since we’re still in pandemic and will not be able to open a physical store for the
business, we’ll be choosing the online business platforms with the use of social medias including
Facebook, Twitter or any other platform that will be beneficial and will be used for the progress
of the business. With the use of the advancement in technology, it will be easier for us to
manage and facilitate the business. Also, livestreaming of the products will be also available
Risk may occur in the business including the sameness of product in online markets and
other clothing lines may also provide good quality products and design. Next is the risk of using
of online platforms from hackers, data breaches, website unavailability, pricing competition, and
compliance violation. Next is the mode of transactions, it can be negatively impacting the
business if the customer did not respond, cancel or returns the product due to damages. And
lastly, the business itself, after one season, all of the clothing for that season becomes nearly
unsellable since sophisticated individuals would not be wanting to wear last season's outfits in
the next season. So, in order for the risk to not arise in the business, different strategies will be
putted and implemented accordingly to assist and give the best service to the customers.
INDUSTRY
Wear it belongs to the Clothing industry or garment industry. WEAR IT offers an appropriate for
all women and men of all ages and body types and will be using neutral colors to fit any skin
types. We will make sure that Our product is consist of cotton fabric shirts which is good in
controlling the moisture and it is also hypoallergenic, weather-proof and it is a durable fabric,
additionally, it provides comfort to the body and it is our original design that you will like.
Basically, the product that WEAR IT offered are professional and a model-like kind of style
TARGET CUSTOMERS
Our target customers include all genders and ages but will be focusing more to the people can
and has an access on social media as it is where the business will take place. Even so,
customers who do not have access on social media will be gladly offered with the products
when we can make sure that it is safe now to go back to the traditional way of shopping as we
plan to open up a stall or bazaar in different malls. We will be offering them these products as
well as our promos at a price that will surely fit their budget. These products are seasonal t-
COMPETITOR ANALYSIS
Comparing our products to the other existing products in the clothing industry, our
2. They do not supply or have new products monthly, but in our case, we launch different
COMPANY DESCRIPTION
OUR BUSINESS
WEAR IT clothing line falls under the clothing industry which objective is to understand
the market and to align business goals based on the target audience. The business is offering a
better place to buy affordable and high-quality products. With the tagline “WEAR confidently,
WEAR comfortably, wear, WEAR IT.” Explains how the business wants to provide a good quality
product and service to the customers and to boost the confidence of everyone without the
MISSION
make a distinction thru branding in order to keep ahead of fashion trends, market
developments, and abrasive technology. To improve the lives of our business partners,
VISION
Enabling innovation and design to give the best to customers satisfaction. We want to
be a responsible and well-managed business for our business partners, customers, and
OBJECTIVES
STRENGTH
- The business will be offering items to both men and women of all ages which will
having a large scope and numbers of customers that will engage in the business.
The more item offered, the more sales and customers will be attracted and the
business will gain more of its profits. Providing the best quality, physical appeal of
the product and the openness of the business to its customers will be the greatest
WEAKNESSES
- One significant disadvantage that may work against us is that we are a new clothing
fashion labels. Being a new designer is a disadvantage itself because customers will
look for a well-known brand to purchase products and they seldom buy products to
new business to invest with. Another weakness will arise in introducing a new line
PRODUCT PLAN
Unlike other clothing lines, we will make sure that our business which is the
“WEAR IT.” clothing will have its own quality in terms of shirt and uniqueness. Our
product is consisting of cotton fabric shirts which is good in controlling the moisture and
UNIVERSITY OF SAINT ANTHONY
(DR. SANTIAGO G. ORTEGA MEMORIAL)
CITY OF IRIGA
These are the products that we can offer to our beloved customers:
DESIGN)
We, the members of WEAR IT. Clothing will assure you that these said products
will give and provide you a better and comfortable feeling when wearing these shirts
and also, we will guarantee that the products of WEAR IT. Clothing are durable and it
MARKETING PLAN
product, service, event or publicizing job vacancy while marketing is the business
Our group agreed to use social media to be one of our ways in advertising our
products, through this, we can easily advertise our products, simply just posting it to
Facebook (specifically in our Facebook page), Instagram and in other social media
platforms. In addition, using social media will give you a wide scope in reaching people
and others.
the use of those channels/medium the costumers/consumers will more accessible to our
UNIVERSITY OF SAINT ANTHONY
(DR. SANTIAGO G. ORTEGA MEMORIAL)
CITY OF IRIGA
products, they can easily know what products we are selling. The purpose of
advertising is to help us in our business and products to be known and also to attract
people.
UNIVERSITY OF SAINT ANTHONY
(DR. SANTIAGO G. ORTEGA MEMORIAL)
CITY OF IRIGA
Printing Cost
MANAGEMENT TEAM
Justine T. Ibarreta