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Plush
                                                            Team - A



   Plush.com will be a personal,
  on-line shopping destination for
     the professional plus size                     Customers, Suppliers
              women                                 & Industry Experts:
                                                        Yesterday: 21
                                                         Total: 61




 Helen            Autumn              Shashi     Jennifer        Sandro
Bibilouri        Cherrington         Srikantan     Tuft          Pireno
Plush
Plus-sized women’s clothing is a $7.5bn
industry; market expected to grow 5.2%
annually, reaching $9.7 billion of revenue
by 2017

At the consumer level:
•women between the ages of 25 and 54 represent 69.5% of the market for plus
sized women’s clothing
•women between the ages of 35 and 54 representing 51% of the industry.

Analysts estimate that customers who bought plus-size clothes in 2010
were:
•12 million women (ages 18 to 34)
•20 million women (ages 35 to 54)
•21 million women (aged 55 and older)
Plush
Who are we?




              Shopplushny.com
Who is she?

Plush
        She is a professional woman who is successful in life, but
        frustrated with finding well-fitting, good quality, clothing in
        her size (12+). She is over 30 years old and lives in the US.

        How does she buy?
        She has a household income of above $85,000 and spends
        above $3,000 a year on clothing.

        What matters most to her?
        Fit, quality, and flattery of the clothing is important. She
        wants to feel confident and put together. It is important to
        her that she have a successful shopping experience the first
        time around. She is willing to pay more, and potentially
        spend more time on the front end to ensure that what she
        purchases is exactly what she wants. Shopping is a personal
        experience and she know her body best.

        Who influences her?
        She wants advice on how to look her best given her body
        type, but doesn’t necessarily follow fashion or celebrity
        trends. She will read blogs occasionally to keep up with
        new brands and latest developments in the plus size
Plush
        A day in the life…

           She wakes up in the morning, works a full day,
           hits the gym, and then heads out to dinner with
           friends. It is important to her to wear an outfit,
           which will transition seamlessly from day to night
           and of course, will include a comfortable and cute
           pair of shoes. She knows what items in her closet
           she wants to wear, but is unsure of how to put
           together a polished, professional, and flattering
           ensemble. She would love to have an online
           shopping destination tailored to her tastes, body,
           and      multi-faceted,      high-paced   lifestyle.
           Ultimately, she wants to know that the clothes she
           orders will fit and flatter her.
Plush
     Day 1
What we thought
• Our value proposition is an online, pleasant shopping experience for
  hard to shop plus sizes with superior customer service.

• Our demographic is affluent, plus sized woman, aged 35-54 years.

• Our customers not be open to sharing the site or their purchases with
  others.

• Our customers want fashion-forward, trendier options, along with
  timeless classics, which are very high end.

• Our customers enjoy and appreciate the convenience of shopping
  online.

• Procurement of inventory will be our biggest challenge as we will need
  to purchase inventory outright in order to compete.
Plush   DAY - 1   Team - A
Plush
          Day 2                             Day 3                             Day 4
What we learned                   What we learned                    What we learned
•   Have three customer           •   Customers want accurate        •   It is possible to “borrow”
    segments.                         details on clothing.               pieces from manufacturers to
                                                                         test sales.
•   May be able to leverage new   •   Price isn’t a primary driver
    customers to procure              of decisions.                  •   Influential tastemakers are
    inventory.                                                           likely to be the best
                                  •   Woman are willing to share         earlyvangelists for Plush.
•   Customers interested in           purchases with personal
    premium services like             network who share their        •   Starting with MVP allows a
    personal stylists.                needs.                             significant reduction in cost
                                                                         structure.
•   Some key partners such as     •   Customers prefer:
    distributors can be                • Contemporary basics         •   Affiliate marketing could be
    eliminated at this stage.              and quality over              a source of revenue.
                                           trendy.
                                       • Physical stores to          •   Emphasis should be on
                                           online, but could be          proper fit, high quality
                                           converted if they found       brands, and contemporary
                                           a site they trusted.          basics and education.
Plush   DAY - 2   Team - A
Plush   DAY - 3   Team - A
Plush   DAY - 4   Team - A
Plush
       Day 5
Where we ended up

•   Customers want a tailored experience, and are willing to pay a premium for
    this. Our value proposition now includes:
      • An online, customized shopping experience
      • Superior customer service

•   Acquisition will require a combination of web advertising, Google AdWords,
    social media, and targeted influencer marketing.

•   Retention will involve providing a tailored experience, personalized interaction,
    loyalty programs, and superior customer service.

•   We will launch our venture in three stages:
     1. MVP – Wardrobe capsules complemented by a concierge service.
     2. Wholesale – Use increasing traffic data to entice manufacturers.
     3. Flash Sales – Add a flash sale component to compliment offerings.
Plush                                                             DAY - 5                                                  Team - A




                                                           • An online, customized          • Targeted influencer
                              •Procurement                                                                                 • Professional and
                                                             shopping destination for         marketing(feet on the st.)
•Early Evangelist:            •Supply Chain                                                                                  fashionable plus-sized
                              •Website Production
                                                             professional &                 • Adwords                        American Women
  - Influential                                              fashionable plus sized         • Social Media
  - Brand Appropriate         •Customized Advice                                                                           • Less price sensitive
                                                             women                          • Retention:                   • High quality clothes
  - Active Driver             •Marketing                   • Superior Customer                 • Customer Service
•Fulfillment                                                                                                               • Contemporary basics
                              •Advertising                   Service                           • Service Innovation        • Prefer tailored
•Shipping                                                  • Personal Stylist (know            • Targeted loyalty
•Website                                                                                                                     experience
                                                             your customer in detail)             communications
•End User (Customers)                                                                                                      • Mature Brands
                                                           Pain Points:                     • Leveraging data and new
                                                           • Frustrating shopping             customer assets              • Department Stores
•Manufacturers
•Retail Stores                                               experience
•Designer Brands                                           • Ill fitting, poor quality
                                                             clothing
•Warehouse                                                 • Too many returns
•Web Service Provider         •Content (inv, images)                                        • Web Sales
                              •Start-up funding            • Acquisition of customer
                              •Founding Team                 segment
                              •Fulfillment                 • Elimination of excess
                              •Customer Service              inventory
                              •Advertising/Marketing       • Market and data
                              •Vendor Agreements             research




•Developer      •Marketing         Platform         •Look Book                 • Product Sales
•Procurement    • E-Commerce       •Website Content •Returns                   • Premium Services
•Advertising            •Shipping             •Customer Service
•CRM                    •Warehouse            •Full site Production
•Inventory              •Office Space

          End Users              Suppliers             Full Product Launch
Plush                                                                               Competitive Analysis
                                                                   Plus Size                                            Educational
                                                                   Specialty    Personal Shopper         Web Sales        Content



                                      Plush                          Yes          Yes, National             Yes            Yes

                                                                                 In-Person; only in
                                      The Curvy Fashionista          Yes             Bay Area                No            Yes

                                      The Plus Size Fashion Diva     Yes                No                   No            Yes

                                                                                 Yes, but a 4 week
                                      Outblush                       Yes              waitlist            Indirect         Yes

                                      UniquelyMe                     Yes                No                Indirect          No

                                                                               Yes, but only in South   Yes, but only
                                      Myles Ahead                    Yes              Florida            own brand          No

                                      Total Imaging Consulting        No                Yes                  No            Yes

                                                                                  Yes, but only a
                                                                                 handful for blog
                                      Momma's Rolling Stone           No             editorial               No            Yes

                                      P.S. It's Fashion              Yes        Yes, but only in NJ          No             No

                                      Style for Hire                  No                Yes                  No             No

                                      MadisonPlus                    Yes                No                Indirect         Yes
Note: Competitive Analysis includes 200+ sites
Plush
Marketing Plan will include test & learn campaigns
within the following channels:

   Adwords
   Educational content within site
   Collateral for influencers
   Industry events
   PR in selected publications and blogs
   Social media and communities (i.e. Pinterest)
   Hyper-contextual targeting of niche groups (i.e. Linked In)
   Facebook & LinkedIn sites
Plush              Operations Overview         Early Evangelist
                                                                      E C
                                                                      n u
I t   Manufacturing                                 Key Words         d s
n o                            Plush
                                                                        t
v r                                                    Blogs
       Retail Store      Inventory   Customers                        U o
e y                                                 Cross-Platform    s m
                                                    Promotion
n     Designer Brand                                                  e e
                                                     Digital
                                                     Advertising      r r


                                     Shipping &
                                     Fulfillment
Plush   Break Even Analysis
Plush
        Appendix
Plush
Plush
Plush
Plush
Plush

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Team a plush day 5

  • 1. Plush Team - A Plush.com will be a personal, on-line shopping destination for the professional plus size Customers, Suppliers women & Industry Experts: Yesterday: 21 Total: 61 Helen Autumn Shashi Jennifer Sandro Bibilouri Cherrington Srikantan Tuft Pireno
  • 2. Plush Plus-sized women’s clothing is a $7.5bn industry; market expected to grow 5.2% annually, reaching $9.7 billion of revenue by 2017 At the consumer level: •women between the ages of 25 and 54 represent 69.5% of the market for plus sized women’s clothing •women between the ages of 35 and 54 representing 51% of the industry. Analysts estimate that customers who bought plus-size clothes in 2010 were: •12 million women (ages 18 to 34) •20 million women (ages 35 to 54) •21 million women (aged 55 and older)
  • 3. Plush Who are we? Shopplushny.com
  • 4. Who is she? Plush She is a professional woman who is successful in life, but frustrated with finding well-fitting, good quality, clothing in her size (12+). She is over 30 years old and lives in the US. How does she buy? She has a household income of above $85,000 and spends above $3,000 a year on clothing. What matters most to her? Fit, quality, and flattery of the clothing is important. She wants to feel confident and put together. It is important to her that she have a successful shopping experience the first time around. She is willing to pay more, and potentially spend more time on the front end to ensure that what she purchases is exactly what she wants. Shopping is a personal experience and she know her body best. Who influences her? She wants advice on how to look her best given her body type, but doesn’t necessarily follow fashion or celebrity trends. She will read blogs occasionally to keep up with new brands and latest developments in the plus size
  • 5. Plush A day in the life… She wakes up in the morning, works a full day, hits the gym, and then heads out to dinner with friends. It is important to her to wear an outfit, which will transition seamlessly from day to night and of course, will include a comfortable and cute pair of shoes. She knows what items in her closet she wants to wear, but is unsure of how to put together a polished, professional, and flattering ensemble. She would love to have an online shopping destination tailored to her tastes, body, and multi-faceted, high-paced lifestyle. Ultimately, she wants to know that the clothes she orders will fit and flatter her.
  • 6. Plush Day 1 What we thought • Our value proposition is an online, pleasant shopping experience for hard to shop plus sizes with superior customer service. • Our demographic is affluent, plus sized woman, aged 35-54 years. • Our customers not be open to sharing the site or their purchases with others. • Our customers want fashion-forward, trendier options, along with timeless classics, which are very high end. • Our customers enjoy and appreciate the convenience of shopping online. • Procurement of inventory will be our biggest challenge as we will need to purchase inventory outright in order to compete.
  • 7. Plush DAY - 1 Team - A
  • 8. Plush Day 2 Day 3 Day 4 What we learned What we learned What we learned • Have three customer • Customers want accurate • It is possible to “borrow” segments. details on clothing. pieces from manufacturers to test sales. • May be able to leverage new • Price isn’t a primary driver customers to procure of decisions. • Influential tastemakers are inventory. likely to be the best • Woman are willing to share earlyvangelists for Plush. • Customers interested in purchases with personal premium services like network who share their • Starting with MVP allows a personal stylists. needs. significant reduction in cost structure. • Some key partners such as • Customers prefer: distributors can be • Contemporary basics • Affiliate marketing could be eliminated at this stage. and quality over a source of revenue. trendy. • Physical stores to • Emphasis should be on online, but could be proper fit, high quality converted if they found brands, and contemporary a site they trusted. basics and education.
  • 9. Plush DAY - 2 Team - A
  • 10. Plush DAY - 3 Team - A
  • 11. Plush DAY - 4 Team - A
  • 12. Plush Day 5 Where we ended up • Customers want a tailored experience, and are willing to pay a premium for this. Our value proposition now includes: • An online, customized shopping experience • Superior customer service • Acquisition will require a combination of web advertising, Google AdWords, social media, and targeted influencer marketing. • Retention will involve providing a tailored experience, personalized interaction, loyalty programs, and superior customer service. • We will launch our venture in three stages: 1. MVP – Wardrobe capsules complemented by a concierge service. 2. Wholesale – Use increasing traffic data to entice manufacturers. 3. Flash Sales – Add a flash sale component to compliment offerings.
  • 13. Plush DAY - 5 Team - A • An online, customized • Targeted influencer •Procurement • Professional and shopping destination for marketing(feet on the st.) •Early Evangelist: •Supply Chain fashionable plus-sized •Website Production professional & • Adwords American Women - Influential fashionable plus sized • Social Media - Brand Appropriate •Customized Advice • Less price sensitive women • Retention: • High quality clothes - Active Driver •Marketing • Superior Customer • Customer Service •Fulfillment • Contemporary basics •Advertising Service • Service Innovation • Prefer tailored •Shipping • Personal Stylist (know • Targeted loyalty •Website experience your customer in detail) communications •End User (Customers) • Mature Brands Pain Points: • Leveraging data and new • Frustrating shopping customer assets • Department Stores •Manufacturers •Retail Stores experience •Designer Brands • Ill fitting, poor quality clothing •Warehouse • Too many returns •Web Service Provider •Content (inv, images) • Web Sales •Start-up funding • Acquisition of customer •Founding Team segment •Fulfillment • Elimination of excess •Customer Service inventory •Advertising/Marketing • Market and data •Vendor Agreements research •Developer •Marketing Platform •Look Book • Product Sales •Procurement • E-Commerce •Website Content •Returns • Premium Services •Advertising •Shipping •Customer Service •CRM •Warehouse •Full site Production •Inventory •Office Space End Users Suppliers Full Product Launch
  • 14. Plush Competitive Analysis Plus Size Educational Specialty Personal Shopper Web Sales Content Plush Yes Yes, National Yes Yes In-Person; only in The Curvy Fashionista Yes Bay Area No Yes The Plus Size Fashion Diva Yes No No Yes Yes, but a 4 week Outblush Yes waitlist Indirect Yes UniquelyMe Yes No Indirect No Yes, but only in South Yes, but only Myles Ahead Yes Florida own brand No Total Imaging Consulting No Yes No Yes Yes, but only a handful for blog Momma's Rolling Stone No editorial No Yes P.S. It's Fashion Yes Yes, but only in NJ No No Style for Hire No Yes No No MadisonPlus Yes No Indirect Yes Note: Competitive Analysis includes 200+ sites
  • 15. Plush Marketing Plan will include test & learn campaigns within the following channels:  Adwords  Educational content within site  Collateral for influencers  Industry events  PR in selected publications and blogs  Social media and communities (i.e. Pinterest)  Hyper-contextual targeting of niche groups (i.e. Linked In)  Facebook & LinkedIn sites
  • 16. Plush Operations Overview Early Evangelist E C n u I t Manufacturing Key Words d s n o Plush t v r Blogs Retail Store Inventory Customers U o e y Cross-Platform s m Promotion n Designer Brand e e Digital Advertising r r Shipping & Fulfillment
  • 17. Plush Break Even Analysis
  • 18. Plush Appendix
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