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15.87% .
• The overall industrial sector growth is
estimated to be 2.5% in 2019-20 as
compared to 6.9% growth in 2018-19.
Historical growth / DE growth
• Demonetization
• Poor implementation of
GST
• Plummeting domestic
automobiles sales
• Flattening of core sector
growth
• Declining investment in
construction and
infrastructure
Porter’s five forces model
Threat of
new
entrants-
low
Existing
Suppliers
power- low rivalry- Buyer’s
power- high
High
Substitutes-
low
Company’s snapshot
• Samsonite Group is one of the world's largest and most recognized designers
and distributors in the luggage industry
• Vision: To become one of the world’s most highly regarded premium lifestyle
travel brands
• Started in 1910 as Shwayder trunk Manufacturing company.
• In 1966 changed to Samsonite
• One of the world’s largest and most recognized
designer and distributors in luggage industry
• High quality products integrating style, functionality,
and innovative design
SWOT Analysis
• Brand • Premium
• Quality • Lack of
• Innovative advertisement
Strength Weakness
Opportunity Threat
Product Price
• Product- • Price-
Samsonite backpack- specialty product,
complex buying behavior Rs 1200 to Rs 15000
Core values : ease up travelling process Traveler’s bag is a USP
providing travelers’ a safe and comfortable
trip. Skimming pricing strategy
Actual product: brand name, quality level, Product line strategy
packaging and design, features.
Augmented product: delivery credit,
product support, warranty, after sale
service
Cont.
Place Promotion
• Place- online as well as offline • Promotion-
retail stores Flyers,
Direct distribution TV Commercials,
Indirect distribution Bill boards,
1st line distribution Social media,
Selective distribution Airlines magazines
STP
• Segmentation-
Demographics- Psychographics –
Gender (both) Attitudes: responsible, technological oriented
Opinions: Learning new things
Age: 12 plus
Interests: exploring, experiencing new stuffs and
Income- High incomes travelling
Occupation: Businessmen, Employees, Motives: meeting new people, experiencing new
Travelers. cultures, working, diversification, and trying new
Education- Highly educated food.
Lifestyle explorer, succeeder, reformer, business life.
Family life cycle – family use to travel a lot, by
the times family members start traveling Product usage
alone, later on family members are more Usage rate- regular basis
concerned with their luggage and new Benefits sought- safety, electric devices always on,
travelling technologies. exact luggage weight, confidentiality.
Cont.
• Targeting- • Positioning-
High income Person who is a traveler and
Age (12+) who wants to explore new things
on daily basis, Samsonite
Traveler provides them A laptop
Technology oriented backpack, which will satisfy their
Regular basis need which is towards
technology also.
Product life cycle
• Across the world, Samsonite is
performing well, but in India,
Samsonite is in growth phase.
• Since, it does not advertised to that
much extent therefore for speeding
the growth of the Samsonite, the
company should advertise more, for
further growth.
Sales forecasting
Year sales (in million index Forecasted sales( in
USD) million USD)
2013 $ 1,413.70 0.906579 $ 1,281.63
2014 $ 1,535.71 0.984822 $ 1,512.40
2015 $ 1,490.47 0.95581 $ 1,424.61
2016 $ 1,548.85 0.993248 $ 1,538.39
2017 $ 1,654.94 1.061282 $ 1,756.36
2018 $ 1,712.60 1.098258 $ 1,880.88
Cont.