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Team Members:-
Vishal Jadhav – 77
Ankit Lodhia - 86
Shobhit Bhargava - 65
Yogesh Punjabi - 100
TOUR TO FOOTWEAR
INTRODUCTION

• India ranks second among the footwear producing.

• Major concentration on gents footwear.

• Major production centres in India.

• Footwear industry is a significant segment of the leather industry.

• Key players in Indian Footwear market.

• The Indian footwear market scores over other footwear markets as it
  gives benefits like low cost of production, abundant raw material, and
  has huge consumption market.

• Chennai Leather research Institute & Footwear, design &
  Development Institute.
 50 percent of the total domestic production is exported.
 The Indian footwear market is expected to worth INR 475 bn by 2025,
representing a compounded annual growth rate of 7%
MARKET VALUE
OBJECTIVE

 Planning to come up with retail stores of various brand or get the
   franchise with single brand.

 Consumer Preference & Customer Attitude.

 Decide the marketing strategy.
 Primary data collection – By filling Questionnaire


 Sample Size – 205
 120- Hand Written
 85 – Online
 By Using SPSS
            Frequencies
            Cross Tab
            Chi Square
               Friedman Test
% of shoes customers Purchase

           2%
      4%




                                            Departmental Stores
                             31%


                                            Factory Outlets


                                            Retail Stores

44%
                                            Unorganized Markets


                                            No response


                       19%
 We will have tie ups with different health centers and
sports clubs.


 We can provide sponsorship and gift vouchers to various
college events.
OPPORTUNITY MATRIX
              Importance   Satisfaction   (I-S)   I+(I-S)


Brand Loyal      3.49         3.54         0      3.49


  Quality        4.29         4.19        0.1     4.39


 Comfort         4.15         4.01        0.14    4.29



Brand Name       3.33         3.65         0      3.33



   Price         3.56          3.3        0.26    3.82
Opportunity Matrix



                               18%
      20%




                                             Brand Loyal

                                             Quality

                                             Comfort

17%                                          Brand Name
                                       23%

                                             Price




            22%
 Which is the most popular brand ?
 What is the main purpose of wearing sports shoes?
Where to focus our branded shoes “NIKE”
Which age group and gender to target ?
Why do people prefer buying branded shoes?
 How much customers pay for branded shoes?
CHI SQUARE TEST

        HO: PRICE IS INDEPENDENT OF FAMILY MONTHLY INCOME
        HA: PRICE IS DEPENDENT OF FAMILY MONTHLY INCOME

        LEVEL OF SIGNIFICANCE: 0.05

        THUS, 0.009 < 0.05, SO WE REJECT THE HYPOTHESIS AND CONCLUDE
        THAT PRICE IS DEPENDENT OF FAMILY MONTHLY INCOME.
                                                                           Chi-Square Tests




                                                                                 Value              df       Asymp. Sig. (2-sided)

Pearson Chi-Square                                                                        21.887a        9                           .009

Likelihood Ratio                                                                          24.661         9                           .003

Linear-by-Linear Association                                                               3.372         1                           .066

N of Valid Cases
                                                                                              205

a. 4 cells (25.0%) have expected count less than 5. The minimum expected count is 1.62.
FRIEDMAN TEST
  HO: THERE IS NO SPECIFIC PREFERENCE FOR THE BRANDS
  HA: THERE IS SPECIFIC PREFERENCE FOR THE BRANDS

  LEVEL OF SIGNIFICANCE:0.05

  THUS, 0.000<0.05, SO WE REJECT THE HYPOTHESIS AND CONCLUDE
  THAT NIKE IS THE MOST PREFERRED BRAND FOLLOWED BY REEBOK,
  ADIDAS & SO ON….
                               Ranks


                                               Mean Rank

Rank_of_Nike
                                                           2.07

Rank_of_Reebok
                                                           2.66

Rank_of_Puma
                                                           3.73

Rank_of_Adidas
                                                           2.69

Rank_of_Woodland
                                                           4.51

Rank_of_bata
                                                           5.35
DIAGNOSIS
• From the survey analysis, we come to know that Branded shoes
  are being preferred out of which Nike is most popular as
  compared to the other brands.
• The main target of age group will be “below 25” and “25-45”.
• Most of the respondents prefer to wear branded shoes for daily
  use and sports activity [gym].
• Respondents purchase new pair of branded shoes every 12- 15
  months and they purchase it mostly from retail stores.
• Quality is the most important & satisfying factor while purchasing
  any branded shoes.
• Respondents are ready to pay anywhere between Rs.1500 to Rs.
  5000 for a pair of branded shoes.
• People like to try out new & different designs in branded shoes as
  they would welcome new styles on the basis of trend change.
CONCLUSION
• According to the research conducted, we would start with
  acquiring Franchisee from Nike as it is most popular
  among all the brands.
• We would have the range of different & new designs of
  sports shoes for males as well as females for the age group
  between “18-25” and “25-45”.
• We would price the products between the range of Rs.1500-
  Rs.3000
• We would see that the latest trend is available at our retail
  store.
Very final shoes ppt

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Very final shoes ppt

  • 1. Team Members:- Vishal Jadhav – 77 Ankit Lodhia - 86 Shobhit Bhargava - 65 Yogesh Punjabi - 100
  • 3. INTRODUCTION • India ranks second among the footwear producing. • Major concentration on gents footwear. • Major production centres in India. • Footwear industry is a significant segment of the leather industry. • Key players in Indian Footwear market. • The Indian footwear market scores over other footwear markets as it gives benefits like low cost of production, abundant raw material, and has huge consumption market. • Chennai Leather research Institute & Footwear, design & Development Institute.
  • 4.  50 percent of the total domestic production is exported.  The Indian footwear market is expected to worth INR 475 bn by 2025, representing a compounded annual growth rate of 7%
  • 6. OBJECTIVE  Planning to come up with retail stores of various brand or get the franchise with single brand.  Consumer Preference & Customer Attitude.  Decide the marketing strategy.
  • 7.  Primary data collection – By filling Questionnaire  Sample Size – 205  120- Hand Written  85 – Online  By Using SPSS  Frequencies  Cross Tab  Chi Square  Friedman Test
  • 8. % of shoes customers Purchase 2% 4% Departmental Stores 31% Factory Outlets Retail Stores 44% Unorganized Markets No response 19%
  • 9.  We will have tie ups with different health centers and sports clubs.  We can provide sponsorship and gift vouchers to various college events.
  • 10. OPPORTUNITY MATRIX Importance Satisfaction (I-S) I+(I-S) Brand Loyal 3.49 3.54 0 3.49 Quality 4.29 4.19 0.1 4.39 Comfort 4.15 4.01 0.14 4.29 Brand Name 3.33 3.65 0 3.33 Price 3.56 3.3 0.26 3.82
  • 11. Opportunity Matrix 18% 20% Brand Loyal Quality Comfort 17% Brand Name 23% Price 22%
  • 12.
  • 13.  Which is the most popular brand ?
  • 14.  What is the main purpose of wearing sports shoes?
  • 15. Where to focus our branded shoes “NIKE”
  • 16. Which age group and gender to target ?
  • 17. Why do people prefer buying branded shoes?
  • 18.  How much customers pay for branded shoes?
  • 19. CHI SQUARE TEST HO: PRICE IS INDEPENDENT OF FAMILY MONTHLY INCOME HA: PRICE IS DEPENDENT OF FAMILY MONTHLY INCOME LEVEL OF SIGNIFICANCE: 0.05 THUS, 0.009 < 0.05, SO WE REJECT THE HYPOTHESIS AND CONCLUDE THAT PRICE IS DEPENDENT OF FAMILY MONTHLY INCOME. Chi-Square Tests Value df Asymp. Sig. (2-sided) Pearson Chi-Square 21.887a 9 .009 Likelihood Ratio 24.661 9 .003 Linear-by-Linear Association 3.372 1 .066 N of Valid Cases 205 a. 4 cells (25.0%) have expected count less than 5. The minimum expected count is 1.62.
  • 20. FRIEDMAN TEST HO: THERE IS NO SPECIFIC PREFERENCE FOR THE BRANDS HA: THERE IS SPECIFIC PREFERENCE FOR THE BRANDS LEVEL OF SIGNIFICANCE:0.05 THUS, 0.000<0.05, SO WE REJECT THE HYPOTHESIS AND CONCLUDE THAT NIKE IS THE MOST PREFERRED BRAND FOLLOWED BY REEBOK, ADIDAS & SO ON…. Ranks Mean Rank Rank_of_Nike 2.07 Rank_of_Reebok 2.66 Rank_of_Puma 3.73 Rank_of_Adidas 2.69 Rank_of_Woodland 4.51 Rank_of_bata 5.35
  • 21. DIAGNOSIS • From the survey analysis, we come to know that Branded shoes are being preferred out of which Nike is most popular as compared to the other brands. • The main target of age group will be “below 25” and “25-45”. • Most of the respondents prefer to wear branded shoes for daily use and sports activity [gym]. • Respondents purchase new pair of branded shoes every 12- 15 months and they purchase it mostly from retail stores. • Quality is the most important & satisfying factor while purchasing any branded shoes. • Respondents are ready to pay anywhere between Rs.1500 to Rs. 5000 for a pair of branded shoes. • People like to try out new & different designs in branded shoes as they would welcome new styles on the basis of trend change.
  • 22. CONCLUSION • According to the research conducted, we would start with acquiring Franchisee from Nike as it is most popular among all the brands. • We would have the range of different & new designs of sports shoes for males as well as females for the age group between “18-25” and “25-45”. • We would price the products between the range of Rs.1500- Rs.3000 • We would see that the latest trend is available at our retail store.