Woodland is an Indian shoe brand known for its outdoor and adventure footwear. It was launched in 1960 and has since expanded to over 550 exclusive stores and 3000 multi-brand outlets globally. Woodland focuses on innovation and design inspired by nature to help customers face outdoor challenges. It has grown over the years from a small manufacturing unit to a national leader with production facilities in 10 countries. While Woodland is a market leader, it faces threats from established brands and cheaper substitutes but also opportunities to expand its global market penetration.
How to Leverage Behavioral Science Insights for Direct Mail Success
Woodland's Journey from Establishment to Decline
1.
2. INTRODUCTION
• Aero club launched Woodland shoes in 1960.
• Woodland has successfully brought together the power of the human will and the rewards of the
discovery.
• Woodland product push the boundaries of innovation so that the customer can explore new product,
style and innovative design. It has mainly focused on trekking shoes.
• Inspired by nature, woodland design helps its customer to face the challenges thrown up by mother
nature . Therefore Ad’s made the Woodland be called as the SUV of Indian shoes.
• The woodland tree logo defines the spirit of adventure and its commitment of environment
.woodland itself is very unique in its category.
• woodland product available through 550 plus exclusive stores 3000 plus multi brand outlet across
the globe.
• Woodland has always been in sync with nature and thus uses recycled consumer and industrial
waste products for internal operations as well.
4. PRODUCT LIFE CYCLE
• Establishment (Introduction):
– 1962:Aero club started as a small
manufacturing unit in Delhi.
– 1964 : They ventured into retailing with
an outlet at a prime location in Delhi.
– 1972: They set up the first fully
mechanized modern shoe factory in India
(with German machinery) to augment
existing capacities , in view of the
growing export demand.
5. • Growth
• Later in 1992 the company launched Woodland brand and acquired winter boot factory in
Quebec , Canada to cater to the Canadian and U.S markets.
• In 1994 commissioned manufacturing plant for Reebok for export to U.S.A.
• In 1997 commissioned manufacturing unit for apparels , adding to the range of Woodland
product.
• In 2002 Woodland become a national leader in premium category shoes , apparels and
accessories.
• Later in 2007 total no. of exclusive showrooms targeted to touch the 200 marks.
PRODUCT LIFE CYCLE (Contd.)
6. • Maturity
– Quality worth the money spent on Woodland shoe.
– Very trendy and fashionable.
– Long and durable.
– Padded layers to provided comfort.
– Sales volume peaks and market saturation is reached.
– Increase in competitor
– Prices tend to drop
• Decline
– Few years a back Woodland decided to open their store in Tier 1 and Tier 2 cities.
It opened a store each in the retail high streets of Jaipur and Udaipur, both well
known, well to do cities, but the store flopped. There just weren't enough buyer
and had to shut so Woodland decided to stay far away from smaller cities for few
couple of years.
PRODUCT LIFE CYCLE (Contd.)
7. INTRODUCTION
GROWTH
MATURITY
DECLINE
DEVELOPMENT
LAUNCH
GROWTH(E.G.SALES,VOLUMES)
TIME
1. Costs are very high
2. New designs of shoes are
launched
3. Little or no competition
4. Demand has to be created
5. Customers have to be
prompted to try the product
6. Makes no money at this stage
1. Costs reduced due to
economies of scale
2. Sales volume
increases
significantly
3. Profitability begins to
rise
4. Public awareness
increases
5. Competition begins
to increase with a few
new players in
establishing market
6. Increased
competition leads to
price decreases
1. T.G becomes loyal to the
brand
2. Sales volume peaks and
market saturation is
reached
3. Increase in competitors
entering the market
4. Prices tend to drop due
to the proliferation of
competing products
5. Brand differentiation
and feature
diversification is
emphasized to maintain
or increase market share
1. In this stage consumer
loses interest in the brand.
PRODUCT LIFE CYCLE (Contd.)
8. 7 P’s
• Product: Woodland as a company finds out what customer need or want and then
develop the right product, with the right level of quality to meet those needs now and in
the future. Woodland shoe provide value to the customer. Woodland shoe gives their
customer what they want and not what the company thinks they want.
• Price: Woodland shoe is worth what customer are prepared to pay for it. Woodland
thinking of price as ‘cost’ to the customer helps to underscore why it is so important.
Pricing positions of woodland shoe in market place is the more they charge, the more
value or quality customer is expecting for their money.
9. 7 P’s
• Place: Woodland shoe outlet where customers buy a product, and the means of
distributing their product at that place, is very appropriate and convenient for the
customer. Woodland shoes are available in the right place, at the right time and in the
quantity, while keeping storage, inventory and distribution costs to an acceptance
level.
• Promotion: Woodlands shoe promotion is the way in which company communicates
what is dose and what in can offer customer. It includes the activities such as
branding, advertising, PR, corporate identify, sales management, special offer and
exhibitions. Promotion must gain attention, be appealing, tell a consistent message
gives customer a reason to choose your product rather than someone’s else.
10. 7 P’s
• People: The people in this context are the management, employees of the shop who
have to be well trained so that the customer feels friendly to come again for shopping,
and also the customers are people.
• Process: The process of giving a service, and the behavior of those who delivers are
crucial to customer satisfaction. Customers are not interested in the details how your
business runs. What matter to them is that the system works.
• Pace: It’s a speed of the product how the market adopts the Woodland Shoes. The
demand of the woodland shoe in metro cities and followed by Tier 1 and Tier 2 cities.
The distribution level of the Woodland shoe is also very high .
11. PRODUCT
PLACE
PRICE
PROMOTION
PEOPLE
PROCESS
PACE
•The quality of the Woodland shoes, the design the
physical aspects are the features that talks about the
product
•The various places where the product is available, such as
the retailer, the whole seller, the internet, multi- channel,
etc.
•The amount or price at which the product is available to
own it. The price should be not too high nor too low, it
should be valuable to the customer who will purchase it.
•The advertisement of the brand on various mediums, such
as TV, radio, internet, offers, discounts, endorsements, free
gifts. Etc.
•The people in this context are the management,
employees of the shop who have to be well trained so that
the customer feels friendly to come again for shopping,
And also the customers are people
•The entire process in which the product is being
manufactured, the way it is being displayed in the retail
outlets, etc. are the major components .
•Speed of the market introduction and acceptance of a
product.
7 P’s
13. SWOT ANALYSIS
STRENGTHS WEAKNESS OPPORTUNITIES THREATS
1. A strong differentiator
of being an outdoor and
adventure brand.
2. Focus on Innovation
with newer sturdier
products
3. Excellent advertising
and brand building
through print ads and
TVCs
4. 350 exclusive stores
worldwide. Presence in
more than 3000 multi-
brand outlets in a number
of countries
5. Production facilities in
10 countries
1. Limited penetration
globally and mainly
serves the urban market
in South Asia
2. Perceived Premium
Pricing which daunts
people from entering
stores
1. More global
penetration as an
adventure footwear brand
2. To be known as an
outdoor needs fashion
specialist
3. Tie-ups with adventure
companies and fashion
houses
1. Established brands
offering the outdoor
footwear
2. Cheaper substitutes for
the premium brand
3. Threat from
fake/cheaper imitations
15. BCG MATRIX
STAGE 1
-Generates no profit.
-High demand 4 liquidity
LAUNCH new designs of
woodland SHOES
STAGE 2
-Leader of the CO.
-investment,Boost the
product.
-Contribute to Profit
STP the Shoes & brand
STAGE 3
-Generate profit.
-out-dated products.
Woodland shoe
price fall
because of
competition
STAGE 4
-declining market
-highly competitive
Woodland shoe tried to
open New stores but failed