Professional Documents
Culture Documents
VISION
To inspire the world.
MISSION
To provide a complete Mind, Body and Soul
experience as the premier fashion and
lifestyle retailer promoting sustainable and
unparalleled levels of retail experience.
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1.INTRODUCTION
The fashion industry is indefinite and multilateral in respect of beauty of colors, fragrance, and apparel.
The report will go through Sri Lankan retail company, ODEl one of the most successful business ,
organizations in Sri Lanka. We will explore the company history accomplishments, problems, and
prospects in the fashion business in brief. The major topic of our conversation will be brand analysis.
The research will showcase several marketing models such as SWOT AND PESTEL as ODEL’S
communication and branding strategy evolved with time, industry, and customer demands.
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2. BACKGROUND OF ODEL
‘Odel is
synonym
with style.
It has a
distinct
personality
and serves
as a
destination
3.CURR
ENT
Odel is one
of Sri
Lanka’s
major
retailers of
ladieswear,
menswear,
kids wear,
homeware,
sweet
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4.FUNDEMANTALS, CONCEPTS AND PRINCIPALS OF ODEL
4.1 FUNDEMANTALS
4.1.1.TARGET AUDIENCE
Local customers
Somebody earning more than Rs.20,000 per year to live a high-income lifestyle.
Teenagers
Sri Lankans who are living out of Colombo but vising main cities main cities on special
occasions or work.
Foreign customers
Tourists to Sri Lanka form India, West Asia, Maldives, Europe, and Southeast Asia.
Sri Lankans living in UK, US, Canada, Australia, and other countries.
Competitors
Currently Odel’s top 5 competitors in July 2023 are fashion bug, kapruka, nolimit and Kelly
felder
4.1.2.ONL
INE
Odel
provides a
service to
the
worldwide
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. 4.1.3.SOCI
AL
2.SOCIAL
Odel.lk is a
MEDIA
company-
owned
ecommerce
website that
700,000+
loyal
customers
207,000+
Instagram
followers
900,000+
Facebook
likes
4.1.4.FAS
HION
Another
method of
promotion
is the
annual
ODEL
fashion
show. This 6
allows
them to
4.2.CONC
EPT OF
4.2.1. BRANDING
The Odel brand goal is to inspire customers with trendsetting designs and high-quality items at
reasonable pricing. To that purpose, the Odel retail experience includes current trends,
fashionable items, pleasant employees, contemporary interior designs and merchandising
compelling presentations and competitive prices.
4.3.PRINC
IPLES OF
MARKET
ING
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7. PESTEL ANALYSIS
7.1.Political Factors 7.2. Economic Factors
Trade policies: Currency exchange can have an influence on the
International trade agreements, taxes, and cost of importing resources and exporting fashion
important/ export laws can all have an impact on items.
the global supply chain and cost structure of the Income levels:
fashion sector. Consumer’s disposable income and purchasing
Labor Laws: power are important drivers of fashion industry
Labor Laws have an influence on manufacturing sales.
costs since they govern labor rights, minimum
salaries and working conditions.
7.3 Sociocultural Factors 7.4. Technological Factors
Fashion trends: E-commerce:
Consumer fashion choices are largely influenced Technological advancements in e-commerce have
by cultural preferences, lifestyle changes and revolutionized how people buy for fashion,
societal trends. resulting in greater online sales.
Demographic: Automation in manufacturing and supply chain
The target market’s age, gender and cultural activities can have an influence on production
variety all have a key impact in influencing costs and speed.
fashion trends.
7.5 Environmental Factors 7.6 Legal Factors
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5.POTERS COMPETITIVE ANALYSIS ON ODEL
FIVE FORCES IMPACT DESCRIPTION
HIGH LOW
Bargaining power of suppliers -There are about 1000 suppliers and
200 or more industrial facilities in
the area, all of which offer Odel
with a mind-blogging range of
things, giving Odel influence and
choices.
- Odel has their own assembling
offices.
Bargaining power of buyers -There is a high level of progress
towards different alternatives where
there are part increasingly popular
wear stores on the island, for
example Hameedias, Levis and
place of design who offers
comparable item with no or little
contrast and are likewise situated in
a few spots.
Threat of substitution -As previously said, clients have
several options form which to
choose.
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6.SWOT ANALYSIS
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7. STP STRATEGY OF ODEL AND BRANDS
7.1 CUSTOMER PROFILE
sub brands ODEL LUV SL MANGO EMBARK
s
egmentation
Region Sri Lanka Europe/UK/US/Canada/East Urban/Sub- Sri Lanka &
Asia urban Overseas
Geographical Size of Metropolitan Metropolitan Metropolitan Metropolitan
metropolitan city city, Small city city city, Small
city
Age Kids, Teens, Youth, Teens, Youth Kids, Teens,
Youth, Young adults, Middle age adults, Middle Youth adults,
Young (20-60) age Middle age
adults, (15-35) (5-30)
Middle age
(03-60)
Demographical Gender Male, Male, Female Female Male,
Female Female
Income level Middle & Middle income High income Middle
high income income
Family size Nuclear Nuclear Nuclear Nuclear
family Fashionistas Travel enthusiastic Fashionistas Social
Lifestyle Sensitive
Education Secondary Secondary Secondary Secondary
Occupation Professional, Professional, Managers, Professional, Professional,
Managers, Officials Managers, Managers,
Officials Officials Officials
Social class High, High High High,
Medium Medium
Behavioral Benefit Quality, Quality, Service, Accuracy Quality, Quality,
sought Service, Service, Service,
Accuracy Accuracy Accuracy
Brand Strong, Strong Absolute Strong
loyalty Absolute
Occasions Regular, Special Regular, Regular
Special Special
Personality Introvert Introvert Quality Animal
Seekers lovers
Attitudes Humanity, Humanity Sporty Humanity
Sporty
Psychological Class High class High class, Middle Class High class High class,
Middle class
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TARGETING
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POSITIONING
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PERCEPTUAL MAP
High price
ODEL
Cotton
Collectio
n
CIB
Low High
quality quality
Thilakaw
-arnada
Nolimi
-t
Low price
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