Marketing Plan for Custom-Fit Jeans
Marketing Plan for Custom-Fit Jeans
GRADUATION PROJECT
TUTOR
HUMBERTO ALEJANDRO ROSALES VALBUENA
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This work and efforts are dedicated to our parents, spouses, children and
friends who support us in each stage of our lives, in
especially during this year. And above all to God who illuminated, guided, and strengthened us.
during this journey to achieve our goal
Thanks to the managers, officials, and teachers of the University for their
teachings, contributions, and dedication throughout our career.
And to Confort Jeans for the time they dedicated to us and made it possible for the
realization of this project.
TABLE OF CONTENTS
INTRODUCTIONN ...................................................................................................12
1. STATEMENT AND FORMULATION OF THE PROBLEM .................................13
1.1 PLANNINGO .13
1.2 FORMULATION..........................................................................................14
1.3. JUSTIFICACIÓN.............................................................................................15
2. OBJECTIVES.......................................................................................................16
2.1 GENERAL OBJECTIVEL .16
2.2 SPECIFIC OBJECTIVES...............................................................16
3. FRAME OF REFERENCE................................................................................17
3.1 FRAMEWORK THEORETICAL .........................................................................................17
3.1.2 EL MARKETING: ................................................................................17
3.1.3 MARKETING PLAN .....................................................................18
3.1.4 MIXTURE DE MARKETING ESTRATEGICO .21
3.1.5. MARKET RESEARCH PROCESS .............................24
3.2 FRAMEWORK CONCEPTUAL .................................................................................25
4. METHODOLOGICAL DESIGN..............................................................29
4.1 TYPE OF STUDY...............................................................29
4.1.1 POPULATION..........................................................................................29
4.1.2 SAMPLE: ............................................................................................29
4.2 TARGET MARKET ANALYSIS AND SEGMENTATION .................................29
4.2.1 SOCIAL SEGMENTATION– DEMOGRAPHIC.......................................29
4.2.2 SEGMENTATION PSYCHOGRAPHIC.....................................................30
4.2.3 GEOGRAPHIC SEGMENTATIONA .30
4.2.4 ASPECTS GEOGRAPHICALS OF THE CITY OF BOGOTÁ ..............31
4.2.5 SEGMENTATION BY GENDER AND AGE .........................................33
4.2.5 SEGMENTATION SOCIO ECONOMIC LEVEL .................................34
4.2.6 CONSUMPTION SEGMENTATION .....................................................34
4.2.7 SEGMENTATION BY OCCUPATION ..................................................35
4.3 POPULATION SAMPLE.................................................................................36
4.3.1 TARGET MARKET.................................................................36
4.4 GENERAL OVERVIEW OF THE SUBA LOCALITY. ................................37
4.5 PANORAMA FROM THE MANUFACTURING IN COLOMBIA .....................................40
4.5.1 MANUFACTURING IN COLOMBIA.............................................................40
4.5.2 JEAN MARKET IN COLOMBIA ..........................................41
5. STRATEGIC MARKETINGO ...........................................................................43
5.1 CONSUMER: ...............................................................................................43
5.1.1 ANALYSIS FROM THE TARGET MARKET:...............................................43
5.1.2 FOCUS GROUPP .56
[Link] FOCUS GROUP ANALYSISP .57
6. MARKETING PLAN .....................................................................................65
6.1 METHODOLOGICAL DESIGN.............................................................................65
6.1.1 EXECUTIVE SUMMARY........................................................................65
6.1.2 SITUATIONAL ANALYSIS...........................................................66
[Link] ANALYSIS FROM THE INTERNAL ENVIRONMENT. ..........................................66
[Link] RESOURCES CURRENT AND ANTICIPATED ..............................67
[Link] INTERNAL STRUCTURAL ASPECTS .................................67
6.1.3 ANALISIS AMBIENTAL EXTERNO ..............................................................67
[Link] ANALYSIS OF COMPETENCIES: .67
6.1.4 MATRIX ANALYSIS.................................................................68
[Link] DOF MATRIXA ................................................................................68
[Link]. PEST ANALYSIS
[Link] ANALYSIS FORCE OF CONTROLR.................................................72
[Link] MATRIX BCG .....................................................................................92
6.5 STRATEGYS ...............................................................................................94
6.5.1TIPOS DE ESTRATEGIAS: ....................................................................94
[Link]. MARKETING MIX STRATEGIES ..............................................95
[Link].1 PRODUCT ....................................................................................95
[Link].2PLAZA..........................................................................................97
[Link].2.1 DISTRIBUTION STRATEGIES.........................................98
[Link].4 PRICE .......................................................................................99
[Link].5 PROMOTION:............................................................................100
7. EVALUATION AND CONTROL PHASE103
7.1 Evaluation.................................................................................................103
7.1.1. Monitoring of the marketing plan...
8. FINANCIAL RESULTS........................................................................104
8.1 BUDGETO............................................................................................104
8.1.1 SALES BUDGETS: .104
8.1.2 COST BUDGET:...........................................................104
8.1.3 MARKETING BUDGET:.....................................................105
8.1.4 BREAK-EVEN POINT:....................................................................106
8.1.5 STATE OF RESULTS..............................................................107
9. CONCLUSIONES .........................................................................................108
10. RECOMMENDATIONS
11. BIBLIOGRAPHY.........................................................................................111
ANNEXS .114
12.1 FOCUS GROUP GUIDE ................................................................................114
12.2 SURVEY .................................................................................................116
LIST OF TABLES
The business of the manufacturing and garment sector is very different from the
the rest of the sectors because this must consider not only the production of
garments but must consider the requirements and specifications of all
potential consumers in this sector.
All this along with the characteristics of the production process and
consumption, as well as the variability of the service make marketing of the
the clothing sector and current women's trends have a series
of attributes specific to the sector.
12
1. STATEMENT AND FORMULATION OF THE PROBLEM
1.1 PLANTEAMIENTO
13
may concentrate all their efforts and actions on the success of the launch
this new product has generated growth for the company.
1.2 FORMULATION
The design of a marketing plan for the company Confort Jeans will allow
make the decision in the successful marketing of a new product, such as
Are they fitted jeans with abdominal control band? That guarantees their
optimal brand and product positioning, achieving recognition in
the market?
14
1.3. JUSTIFICATION
The reason why, at the theoretical level, the present project uses the application.
of the concepts and tools of marketing, necessary to achieve making
decisions that allow for the launch of a new product in the company
Comfort Jeans in the city of Bogotá for the year 2017.
15
2. OBJECTIVES
16
3. REFERENCE FRAMEWORK
3.1.2 MARKETING:
p. 97. 17
5KOTLER P., AMSTRONG G. Mercadotecnia. Prentice Hall. Sexta Edición. México 1996. p. 5 2.
6 KOTLER P., AMSTRONG G. Marketing. 2012. Mexico. p. 5.
17
After understanding some concepts about marketing, it is also
It is necessary to know about marketing management in order to conduct a
order and control of it.
For the development of this project, the plan will be taken into account.
marketing proposed by Philip Kotler, who states "The marketing plan serves
to document the way in which the objectives will be achieved
organization through specific marketing strategies and tactics,
starting from the client8The marketing plan aims at the options
chosen by the company to ensure its development over a period
determined, this is one of the main actions for obtaining
results, provides the company with a current and future vision, Stimulates reflection
18
and the best use of resources, Results can be controlled and evaluated
and activities based on the set objectives.
For the proper development of a marketing plan, certain phases must be followed.
that allow its application, these phases are:
19
Graph 1 Stages of the marketing plan
SOURCE:[Link]
1. Executive summary:
Evaluate the main threats and opportunities that the product and/or
service will face it that will help anticipate positive events and
20
negatives that have an impact on the company and its strategy
posed.
Clear and executable marketing objectives are established that the company
I want to achieve it in a short cycle or time, which will also allow you to
analyze the key aspects that may affect its achievement.
5. Marketing strategies:
6. Action programs:
This refers to asking questions such as what will be done, who is the
responsible, how much will it cost, etc.
Product:
Ketler and Keller refer to the levels that the product has.
son beneficio básico, producto básico, producto esperado, producto
increased and potential product, which adds value to the
consumer.
The first level called basic benefit is what you are interested in acquiring.
consumer, then at the second level that basic benefit becomes a
21
basic product; then in the third level is the expected product
that is to say all those characteristics, conditions or attributes that the
consumers generally expect when acquiring a product, in the
fourth level we find the increased product which is basically one that
that exceeds consumers' expectations and at the fifth level it
find the potential product that includes all modifications or improvements
that the product could have in the future, and it is here where the
companies can increase customer satisfaction and differentiate their
competitor products.
Precio:
It is the value that the customer is willing to give in exchange for the benefits of
to have or use a product or service. Pricing is key to creating
and capture customer value. McDaniel et al. (2002) propose that the price is
everything that is given in exchange with the aim of acquiring a good or a
service, prices are vital for generating income and these in turn are the
key to generating profits.
There are six different ways to determine the indicated price for the
productos:
22
situations in which it is difficult to objectively determine the true
value of the product.
Square:
Promotion:
23
3.1.5. MARKET RESEARCH PROCESS
Step 1: Need for Information: One must understand why and for
what is required is the information in order to facilitate the process in decision making
of decisions.
24
Step 4: Formats for data collection: A format must be designed
where it is possible to determine the possible answers to the questions that
are part of the research and provide the necessary information
to facilitate decision-making.
25
Marketing mix: 'controllable variables that the company can use to
influence the buyer's response11
Potential market: "it is the group of people where the product is targeted"
or specific service. Customize: do something to the taste and measure of a
GDP: Gross Domestic Product, it is the sum of everything that is produced
a country. Business plan: It is a way to structure and organize some ideas
business for its future development.
Price: "(in the strictest sense) the amount of money charged for a
product or service. In broader terms, the price is the sum of the
values that consumers give in exchange for the benefits of having or using
the product or service14
26
Manufacturing satellite: it is a production factory that receives cuts of
Fabrics of a specific brand to finish the garment's production.
Distribution channel: "A series of firms or individuals that participate in the flow
from the products from the consumer to the final consumer user.
(Perreault.2000).
27
systematic presentation of data and relevant findings for a
specific marketing situation facing the company
E. . Porter
28
4. METHODOLOGICAL DESIGN
According to the objectives set out earlier, it was considered that the type
the study that must be conducted is descriptive, as it allows for the identification of the
wishes, habits, and needs of consumers when acquiring a
garment and from this establish specific behaviors that
can be associated through different research variables.
4.1.1 POPULATION
Women aged 25 to 45 years. From social strata 3 and 4 of the city of Bogotá.
specifically in the locality of Suba.
4.1.2 SAMPLE:
29
4.2.2 PSYCHOGRAPHIC SEGMENTATION
It is observed that the estimated population for the year 2016 corresponds to
49,291,925 inhabitants for the Colombian territory
Projections 2006-2020
30
Year Population
2006 43,405,387
2007 43,926,034
2008 44,450,260
2009 44,977,758
2010 45,508,205
2011 46,043,696
2012 46,581,372
2013 47,120,770
2014 47,661,368
2015 48,202,617
2016 48,747,632
2017 49,291,925
2018 49,834,727
2019 50,375,194
2020 50,912,429
Source: National Administrative Department of Statistics (DANE)
The following table shows the projected population calculation for the city.
from Bogotá, by localities and by genders, where it shows that for 2016
31
el número de hombres total corresponde a 3’861.64 y de mujeres 4’188.377
for a total of 7,980,001 inhabitants from all the localities of the city of
Bogotá
Table 2 Population by localities
32
4.2.5 SEGMENTATION BY GENDER AND AGE
Table 3 segmentation by sex and age
LIST OF PAINTINGS
2015
GROUPSOF
NOMB_LOC BOTH
AGE MEN WOMEN
GENDERS
Bogotá Total 3,810,013 4.068.770 7.878.783
Bogotá 0-4 309.432 293.798 603.230
Bogotá 5-9 306.434 291.748 598.182
Bogotá 10-14 309.819 295.249 605.068
Bogotá 15-19 325.752 316.724 642.476
Bogotá 20-24 338.888 331.072 669.960
Bogotá 25-29 319.048 316.585 635.633
Bogotá 30-34 313.458 344.416 657.874
Bogotá 35-39 293.158 321.621 614.779
Bogotá 40-44 254.902 281.441 536.343
Bogotá 45-49 242.123 274.714 516.837
Bogotá 50-54 225.926 263.777 489.703
Bogotá 55-59 183,930 222.154 406.084
Bogotá 60-64 138.521 171.404 309.925
Bogotá 65-69 101.631 128.566 230.197
Bogotá 70-74 68.583 90.087 158.670
Bogotá 75-79 41.392 62.014 103.406
Bogotá 80 + 37.016 63.400 100.416
The table above shows us the number of inhabitants of the city of Bogota.
In the year 2015 by sex and age, from where we highlight the target population.
from the study, in the city, finding that the number of women in the range of
the age range of 25 to 29 years corresponds to 316,585, followed by the age range
de 30 a 34 años con 344.416 mujeres, 35 a 39 años con 321.621, 40 a 44 años
with 281,441 in conclusion the sum of women in the age range of 25 to 45
The population in the city of Bogotá for the year 2015 is 1,264,063.
33
4.2.5 SOCIO-ECONOMIC SEGMENTATION
34
According to the previous table of consumption by strata in the capital in which
food, housing and services, communications, education, health
transport, beverages and cigarettes, communications, education, health
transporte, artículos del hogar, vestimenta, bienes, restaurantes, recreación
For our research, we will take into account what relates to clothing in
it can be observed that stratum 1 accounts for 2% of clothing consumption,
stratum 2 contributes 12% of clothing consumption, stratum 3 contributes the
36% of clothing consumption, tier 4 contributes 23% of consumption in
clothing, stratum 5 contributes 13% of clothing consumption, stratum 6
contributes 14% of the clothing consumption. In conclusion, the levels
socioeconomic 3 and 4 subjects of our research are the most
representatives at the time of investing in Clothing contributing 59% of
consumption compared to other socioeconomic levels
The following graph shows the occupancy rate by gender during the period.
understood in the years 2007 to 2015 the years in the city of Bogotá,
we will now analyze the female employment rate that is the subject of our
Research: it is observed that for the year 2007 the female employment rate
It was 49.9%, by 2008 the female employment rate was 51.6%, for
In 2009, the female employment rate was 52.1%, and by 2010 the rate of
female employment rate was 54.7, by 2011 the employment rate was 58.0,
In 2012, the female employment rate was 58.5%; by 2013, the rate
the female employment rate was 59.4%, for 2014 the employment rate
the female rate was 59.7%, by 2015 the female employment rate was
58.9%. In conclusion, a progressive increase in the percentage is observed.
female occupation in the city of Bogotá, there is a slight decline in
the last year 2015 where there are 1,977,846 employed women in
different occupational positions, if we take into account the number of
women in strata 4 and 5 corresponding to 541,424 according to the table of
classification by gender and stratum, 58.9% of employed women for the
City of Bogotá in 2015 our target population is 318,899 women.
35
Graph 3 occupancy rate
36
The figure shows a projected Colombian population according to DANE.
based on the 2005 census taking into account the demographic variables of
48,747.632, then the population for the city of Bogotá is shown according to the
District Planning Secretariat with 7,980,001, from this population it was taken
consider the socioeconomic strata 3 and 4 in which we find a
the number of inhabitants for the city of Bogotá of 3,374,646 was classified by
female gender with a total of 1,742,739, the number of women was calculated.
in ages from 25 to 45 years amounting to 541,424, from these, the women whose
occupation corresponds to the target population of the research 318,899
Location of Suba
Entity Locality
• Country Colombia
37
• District Bogotá
Subdivisions 12UPZ
Surface
Altitude
Population(2015
DATA
The locality of Suba is the 11th of the 20 in the Capital District of Bogotá. It borders
to the north with Chía, to the west with Cota, to the east with the Northern Highway
and to the south with the Juan Amarillo River and the locality of Engativá.
Its name comes from the muisca language Zhuba ('my face' or 'migraine’).
quinoa.
In the socio-economic sphere, the locality has a large residential area, without
embargo with activities of industries, commerce and services, especially in the
south side.
The neighborhoods Villa Maria, La Gaitana, Tibabuyes are some of the most
dangerous areas of Bogotá, with a representative violence index of 20% of the
capital
38
Economy: the main activities of Suba are the cultivation of flowers for the
export, services and especially commerce, standing out the
presence of large shopping centers such as Bulevar Niza, Center
Suba, Outlet (Bima), Imperial Plaza and Santafé Shopping Center.
Neighborhoods of the southeastern area: Niza, Las Villas, and Bulevar. Includes among others
the neighborhoods of Andes, La Floresta, Puente Largo, Pontevedra, Santa Rosa, San
Nicolás, Morato, La Alhambra, Malibú, recreation of the Friars, Batán, Niza,
Córdoba, The Villas, North Garden City, Calatrava, Casablanca, Hill
Campestre, Summer Meadow, and Mazurén.
Neighborhoods of the northeastern area: San José de Bavaria, Del Monte, Granada
Norte, Villa del Prado, Nueva Zelandia, Santa 50 Catalina, Mirandela,
Vilanova, Guicaní and San Pedro.
39
In Suba, for every 100 inhabitants of productive age, 44 people depend on them.
51 minors under 15 years old and 4 seniors over 65, this result allows us to affirm that
The local population is economically supported by 67% of its inhabitants.22
40
(spinning, weaving) those in charge of the manufacturing process with
the preparation and transformation of the Thread (Fabric, finishing, embroidery,
printing, dyeing, etc.); followed by the clothing manufacturing companies in charge
the development of final products and the offer of complementary services
for different industries (Clothing industry, home products, among others);
finalizing are the companies dedicated to marketing (for
wholesale and retail) through different channels and the end consumer.
The production of jeans has been very important in the country, as most of it.
these are made with high-quality raw materials,
Between January and October 2013, 34.9 million were sold in Colombia.
units of jeans for men and 13.59 million units for women,
41
what it left for the manufacturers and distributors the not insignificant sum of
1,358.9 million pesos in purchases.
It is estimated that there are about 500 textile factories in the world that are dedicated to
to the denim market, and Colombia is a key player, as some of the brands
most recognized on the planet
Jeans are the favorite base for men, women, and children. It is a base.
present in uniforms, in all clothing universes and has been so for some time
Years began to be seen on the runways of Paris, in haute couture jackets.
It is a noble garment, it adapts to the circumstances and has the height to
"to rise and the dignity to lower"25
Add that 'fashion is a crazy topic. The consumer has a voice and a vote in
what you spend your money on doesn't just stay in what the brand suggests, but
what search a that one what the interpret.
The world and fashion are ever-changing, trends shift, but
definitely "everyone is wearing jeans," concluded the executive of
Inexmoda.
42
5. STRATEGIC MARKETING
5.1 CONSUMIDOR:
A survey is conducted among women in the city of Bogotá D.C. in the locality.
from above, to determine their interest in acquiring a custom-made jean
with abdominal control belt, likewise your expectations regarding
price and purchase quantities.
Sample:
43
What age range are you in?
Graph 5 Age range
AGE
from 35 to 45
34% 31%
more than 45
Source: Authors
44
What stratum does it belong to?
LEVEL
SOCIOECONOMIC
stratum 1 stratum 2 stratum 3 stratum 4 stratum 5
0% 0% 0%
10%
90%
Source:
Project authors
Table 6 Stratification Tabulation
Stratum 1 0 0%
Stratum 2 0 0%
Stratum 4 17 10%
Stratum 5 0 0%
As shown in the previous graph, 90% of the surveyed women belong to the
stratum three, followed by stratum 4 with 10%. In conclusion, 100% of women
The surveyed individuals are between 25 and 45 years old, which means it is not eliminated.
no survey at this point
LABOR SITUATION
3%
employee
unemployed
97%
Unemployed 5 3%
As observed in the previous graph, 97% of women are employed and the
3% of the surveyed individuals are unemployed at the time of conducting the survey, which
reduce the effective sample to 109 women.
EDUCATIONAL LEVEL
1% 4%
PRIMARY
7%
SECONDARY
25% TECHNICIAN
21%
TECHNOLOGICAL
PROFESSIONAL
12%
30% POSTGRADUATE
MASTERS
Primary 8 5%
Secondary 46 27%
Technician 55 33%
Technologist 23 14%
Professional 39 23%
Postgraduate 13 7%
Master's degree 2 1%
As seen in the previous graph, the largest number of interviewed women have
technical studies with 33%, followed by secondary with 27%, professional
23%, technologist 14%, 7%, primary 5% and master's with 1%, in conclusion the segment
the most representative with 55 surveys corresponds to the group of technicians, followed by 46
bachelors, which shows that the studied population has an educational level
medium/low.
47
Graph 9 Quantity of purchase
PURCHASES
0%
10% 8%
7%
31% 44%
From 1 to 2 13 8%
From 2 to 4 75 44%
From 4 to 6 53 31%
From 6 to 8 10 6%
None 0 0%
As observed in the previous graph, 44% of the interviewed women buy from
2 to 4 jeans per year followed by those who buy 4 to 6 in the year with 13%, more than
8 with 10%, from 1 to 2 with 8%, from 6 to 8 with 6%, none mentioned not buying jeans with
0% in conclusion, 128 of the interviewed women buy between 2 and 6 jeans per year.
6. Which of the following attributes is the most important for determining the purchase
of a jean
48
Graphic 10 Important Attributes
6%
28%
30%
36% 0%
price 12 7%
design 51 30%
Color 0 0%
Comfort 61 36%
quality 47 28%
In the previous graph, it can be seen that the most determining attribute when buying
jeans represent comfort at 36%, followed by design at 30%, and quality at 28%
price 7%. In conclusion, of the 171 women interviewed, only 6% have it as a factor
primordial the price of the jeans, which shows that for them the price is not a factor
important when buying clothing
It is observed that the most important attributes for women are shape, quality, and design.
despite the fact that for them all the presented factors generate decision-making power
purchase.
8. How much would you be willing to pay for jeans that meet all the
attributes that you are looking for?
PAYMENT DISPOSAL
3% 6% 1%
15%
16%
33%
26%
Less than 60 thousand From 60 to 80 thousand From 80 to 100 mi From 100 to 120 thousand
From 120 to 140 thousand From 140 to 160 thousand More than 160 thousand
50
Less than 60 thousand 27 16%
From 60 to 80 thousand 56 33%
From 80 to 100 thousand 44 26%
From 100 to 120 thousand 27 16%
In the previous graph, it can be seen that the price that the interviewed women would be
willing to pay for a pair of jeans that meets all the desired attributes ranges from 60 to 80 thousand.
pesos with 33%, followed by 80 to 100 thousand pesos with 26%, from 100 to 120 thousand with the
16%, less than 60 thousand with 16%, from 140 to 160 with 6%, more than 160 thousand with 1%.
In conclusion, 59% of women are willing to pay between $60,000 and $100,000.
for the satisfaction of the product
INTENTION TO PURCHASE
0%
5%
9%
54% 32%
51
Table 13 purchase intention
Complete disagreement 15 9%
Disagreement 0 0%
Indifferent 9 5%
Okay 55 32%
The previous graph shows us that 54% of the surveyed women are in complete
agreement in finding jeans that fit, followed by 32% in agreement.
disagreement 9%, indifferent 5%. In conclusion, 86% of the interviewed women have
I would like to find tailored jeans when making my purchase.
MONTHS OF PURCHASE
3%
1%
1% 3% 0% January
4%
4% February
March
33%
7% April
May
10%
June
Julio
19% 15%
August
September
52
Table 14 Month of purchase
January 56 33%
February 25 15%
March 32 19%
April 17 10%
May 12 7%
June 7 4%
July 2 1%
August 5 3%
September 0 0%
October 5 3%
Noviembre 1 1%
December 8 5%
The previous graph shows us that the highest number of interviewed women buy
their jeans in the month of January with a percentage of 3%, followed by the months of March
con el 19%,febrero 15%,abril 10%,mayo 7%,diciembre 5%,junio 4%,agost y octubre 3%,
November and July with 1%. In conclusion, the trend of 67% of women is to buy
In the first quarter of the year, this is due to prices dropping due to changes.
of collections
53
11. Which of the following channels has the most influence when buying a garment?
to dress?
Graphic 14 Influencer Channels
INFLUENTIAL CHANNELS
0% 1%
Television
15% 3% Catalogs
0%
Magazines
1%
Radio
Reference
80%
Warehouse
Others
Television 1 1%
Catalogs 25 15%
Magazines 7 4%
Radio 0 0%
Reference 2 1%
others 0 0%
The previous graph shows us that 80% of the interviewed women mentioned the channel of
The distribution that most influences their purchase is the warehouse, followed by the catalogs with the
15%, magazines with 4%, references and television with 1%, In conclusion, women
they turn shopping into a ritual and a social event, as evidenced by the fact that 80% of
They see warehouses as the most influential channel.
12. When purchasing a garment, what payment method do you use most frequently?
54
Graph 15 Payment method
0% MEANS OF PAYMENT
3%
0%
10%
Cash
Debit card:
Credit card:
Purchase vouchers:
Others
87%
Credit card 5 3%
Purchase vouchers 0 0%
others 0 0%
It is observed in the previous graph that the payment method most used by women
interviewed is effective with 80% followed by debit card 10% and credit card with
3%, none of the interviewed women use coupons or other means of payment.
Conclusion: The era of plastic money is not reflected in the studied sample as the
87% of women use cash as a means of payment.
13. I would buy jeans that not only have a perfect fit but also provide a waistband.
of abdominal control.
55
Graph 16 Intent to buy new jeans
INTENT TO PURCHASE
3%
Definitely don't do it.
I would buy
I wouldn't buy it
23%
38%
Indifferent
10%
I would buy it.
Indifferent 17 10%
The previous graphic shows us that out of the 171 women interviewed, 29%
I would definitely buy jeans with a proper fit plus an abdominal control belt.
followed by 26% who would buy it, 23% would not buy it, 10% indifferent, 3%
definitivamente no lo comprarían, en conclusión se observa que la intención de compra
towards the product with the characteristics of custom jeans has a high percentage, already
that 65% of women would buy it or would definitely buy it
56
To conduct the research in the qualitative phase, a group of 8 women was gathered in
age range from 25 to 45 years old, to whom a series of questions were applied
predetermined and two projective techniques (role representation and the technique of
collage) that seek to determine:
Purchase process
Key aspects that stand out in the process
Motivators,
Influencers,
Attributes considered for the choice of jeans,
Sources of information,
Place of purchase,
Purchase process
The profile of the potential buyer
Role representation:
Two people from the group were chosen to represent 2 buyers of jeans.
they are looking to find jeans with the most benefits for them. And they
they chose another person to represent a seller who offers all the qualities
of your product in this case a Jeans. For this activity, a time of 10 was assigned.
minutes
Collage:
In this technique, they were divided into 2 groups to whom magazines would be given.
images, cardstock, scissors, glue, markers and we will ask a group to carry out
a collage that shows how they like to feel and for them to be seen in jeans
As a measure, the second group will create a collage expressing how they would not like to see themselves.
with a Jeans, at the end a representative from each group will explain the relationship of the
images that were pasted with the assigned question
1. Mention the 3 aspects that matter most to you when making a purchase.
the jeans
57
QUALITY:
One buys a pair of jeans that fits perfectly and when he washes them for the first time, they stretch.
I hate when you buy a garment and it fades in the first wash.
DESIGN:
TONALITY:
2. How would you like to feel and be seen when wearing jeans?
COMFORT
tranquility
58
"That allows me to move comfortably"
SECURITY
There are women who bend over and their underwear comes out, that's terrible.
2. What problems have you had when buying and using a pair of jeans?
DISCOMFORT
that the jeans are very low-cut and sit down and you can see the butt or the thong or the
chubby
if it fits well at the waist it tightens at the leg and if it fits at the leg it
the waist looks immense
DISSATISFACTION
DISAPPOINTMENT
They don't make clothes for chubby girls.
It's hard to find a garment that fits my body because I have very wide hips.
In the first position, they look great; in the second, not anymore.
59
Prestige
INNOVATIVE
QUALITY
For women, the perfect jeans are those that provide comfort of movement,
perfect fit and available in a range of colors according to its characteristics or
needs
COMFORT
PERFECT ADJUSTMENT
It would be ideal not to have to do anything to the jeans, just put them on and that's it.
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May it help us to conceal the chubby ones.
ACCESSIBILITY
get the jeans the way I want them without having to try on 10 before!
6. Have you bought jeans from a catalog and what difficulties have you had?
Mistrust
The color can be seen in the catalog, the fabric can be seen, but when it arrives it usually comes
in a different fabric, it's not what one expected
CONFORMISM
What one buys is something they have to keep, even if they no longer like it.
DECEPTION
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In the first position, they look great; in the second, not so much.
They use Photoshop on the photos so that the garments look perfect.
You can't touch the fabrics and when they arrive they are horrible.
INNOVATION
VERSATILITY
I like to buy jeans because they can be dressed for any occasion.
OPPORTUNITY
In December
What catches your attention the most about the display when looking for a
jeans store?
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IMPACT
Vanguard
INNOVATION
9. What DIFFICULTIES have you had or have you heard that they have when using
a belt?
DISCOMFORT
I had a party when I went to the bathroom and I couldn't get it off.
DISCOMFORT
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APPEARANCE
With tight clothing, the tail and leg get cut off.
BIRTHDAY
DECEMBER
I always shop at this time because the prices are more affordable.
64
6. MARKETING PLAN
In this work, the design and structuring of the marketing plan will be developed in
through the Philli Kotler method as it is considered the most practical option, as
It has already been mentioned that the following structure will be presented:
1. Executive Summary
2. Situation Analysis
5. Marketing strategies
6. Marketing implementation
7. Marketing evaluation.
Confort Jeans is a Colombian brand that has been involved since the 1980s.
clothing market, design and marketing of women's clothing and
gentleman. From 1986 to 1992, he had his greatest peak in the capital market with points of
sale in different places in the city, and with wholesale sales at the national level;
standing out for its wide variety of products of the time, made with the most
high standards of quality.
Today, after years of hard work and high-quality offerings, Confort Jeans is
present in the national market serving the vast majority of retailers and markets
large surfaces
65
Little by little, this company has become the best quality alternative at a low price.
in the market always working in favor of functional and aspirational needs
of their clients. The following marketing plan is designed to identify and evaluate
new strategies aimed at positioning the new product in the market:
Custom jeans with abdominal control waistband.
Although the brand had a break, it has never ceased to be relevant in the market, its
designs have not lost their essence, enduring over time, evolving to be
the forefront of current fashion, in clothing for women and men with a
young spirit, who know the latest trends and seek in fashion a way to
expression of their individuality.
Currently, its main objective is to turn Confort Jeans into a successful brand.
broad acceptance and recall in the Jeans Wear market, developing garments
attractive solutions that meet the functional and operational needs of their clients
in Colombia and Latin America, adapting the main international trends of the
fashion, achieving high profitability through excellent product, service, and quality
human
SOCIAL THEME
Responsibility: Maximize the value of products for the customer Comfort Jeans,
framing corporate responsibility within a clear relationship policy with
clients and employees seeking to generate mutual trust through commitment,
ensuring customer satisfaction with excellence in our products.
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[Link] CURRENT AND ANTICIPATED RESOURCES
Comfort jeans have the necessary technology to carry out the production process.
the jeans garment, its machinery is in excellent condition for
carry out the different manufacturing processes such as design, pattern making, cutting and
cut, has specialized satellites for garment assembly. Comfort jeans
It has the necessary machinery for packaging and final presentation.
For the production of custom jeans with an abdominal control band, different
types of raw materials, with Denim being the main material, this material is purchased
by the company just like him, the threads, buttons, zippers, etc. It is important to highlight
that the company has the necessary infrastructure to carry out all the
productive processes both at the technical level and at the operational level.
The company's installed capacity is designed in such a way that the total demand
the products can be attended to without issues, it also has a
network of suppliers that ensures that no problems arise
shortage of raw materials and packaging for final marketing of
product. The prices of raw materials are quite affordable which allows
manage fairly competitive prices and thus achieve stability in the
market.
It can also be said that although the company has the infrastructure, technology
and human talent necessary to carry out your commercial activity, a large part of your
67
clients opt for substitute products due to deficiencies in advertising and
brand recognition.
The acquisition of raw materials at low costs and the new technology available.
The company generates its main strength by offering lower prices and better quality than the large ones.
majority of the competitors.
The direct competitors of Confort Jean are companies dedicated to design and
production of women's jeans, which have a similar type of infrastructure
technology, production systems, and production channels.
The indirect competitors will then be those companies dedicated to the same
economic activity but unlike Confort Jean, they have a competitive advantage
Due to their economic power and advertising, these types of companies drive the sale of their
products to a different market segment generally made up of the strata
highs of most cities in the country.
68
[Link]. PEST ANALYSIS
Colombia has the second largest industry. The sector has made some advancements.
competitive and the third most efficient of technologies that have helped it to the
the region. Additionally, it has the efficiency and to reduce costs in the
third largest workforce by production. So him
+ they will take advantage of the changes so that
facilitate access to raw materials
in a faster way and with greater
quality.
in Latin America.
The Transformation Program In the manufacturing of jeans, the following are used
Productive is one of the tools for different machines and equipment.
arranged by the National Government depending on their design, which
for the implementation of the Industrial Policy are in the market
that leads to productive development designed with different technologies,
from the country and with which conventional, programmable ones are generated
more competitive environments and robotics companies.
stronger and more productive.
70
Bogotá Emprende is one of the in the market as
most popular programs that help with soft technology Design software
the entrepreneurs to carry the textile idea what ensure maximum
business to become a reality. exploitation of the cloth
They have activities that help with automatic size graduation.
from creating a business plan to PC compatible easy operation
find a way to finance the project. and friendly management.
AMBIENTAL LEGAL
The sector offers alternatives in the reuse of regulatory framework with the procedure
materials, mainly due to the application of safeguards
that the waste produced is textile scraps agreed upon in the agreements
that can be used in other existing international commercial agreements
productive activities, such as for Colombia saying Marco
mattress fillers, mops, among normative it necessary for
others. guarantee access conditions
stable and predictable for the
textiles and clothing to Colombia.
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[Link] PORTER'S FORCES ANALYSIS
1. COMPETIDORES ACTUALES
72
B. Slow growth of the sector
From Source: DANE–Calculations and Graph Group Economic and Financial Studies
According to the previous graph, the sector faced one of the toughest crises in the
history during 2008 and 2009 with negative variations in its GDP, presenting a
strong revaluation of the Colombian peso against the US dollar; free entry of
Chinese textiles and clothing to the United States and the European Union; political crisis between
Colombia and Venezuela accompanied by a large-scale commercial crisis and
smuggling of textiles and garments from East Asia in large quantities
dimensions3. In 2010 and 2011, the sector showed a significant recovery; without
embargo, el subsector de preparación de hilaturas continúa siendo la excepción con una
negative dynamics and it is still not out of the crisis, as confirmed by its decline in 2012 of
-7.82%. We can conclude that this dynamic indicates a negative return as of December.
from 2012
73
C. Little differentiation of the products
PRODUCT DIFFERENTIATION
CUSTOMIZATION NO YES
ADJUSTMENT NO NO YES
PERFECT
Fuente: Autores
In the above table, a comparison was made with 2 of the strongest competitors.
within the medium-sized business group in the manufacturing of jeans with Confort Jeans,
1. Innovation: we can observe that the three companies present
innovation in their products, 2. Customization the companies 1 and 2 do not manufacture
From jeans to the needs and tastes of the consumer, Comfort Jeans offers a service that yes
offers the new line of custom-fit jeans, 3. Competitors 1, 2 and comfort
jeans present quality in the materials used for the production of jeans.
Price: competitor 1 presents an average price per unit of 75,000 pesos.
competidor 2 $85.000 pesos y el precio sugerido para el jean con faja de control
abdominal is $72,500 pesos, 4. Design: both competitors and comfort jeans offer great
variety of designs, 5. Perfect fit: competitor 1 and 2 present fit in the
jeans offered but the sizes do not fit perfectly for the women who demand them
product, confort jeans provide a perfect fit for each of the users regardless of
size 6. Abdominal control belt, competitors 1 and 2 do not offer jeans in their products.
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with abdominal control girdle, confort jeans offers in its new product a control girdle
Abdominal, in conclusion, Comfort Jeans offers four for its new product line.
diferenciadores que lo hace exclusivo, customización, precio, ajuste perfecto y faja de
control abdominal this allows us to ensure that the profitability of the business is favorable since the
The business presents a value proposition that makes it attractive to the market.
The previous graph shows us in the years 2012, 2013, and 2014 the major industries of
manufacturing have large capital in fixed assets, liabilities, and equity, without
embargo The barriers to exit are low since in small businesses
textile manufacturing outsources its dyeing, sewing, and laundry activities, which
reduces the requirements for large capital in specialized assets, assets
fixed costs are low, therefore the profitability of the business is low
In the previous chart of income, expenses of the income statement of the sector
manufacturer from the years 2012 and 2014, the operational expenses are observed
administration, operational sales expenses, of the subsector of which we highlight the
requirements for large capital investments in machinery
development, research, advertising and opening of new markets, which generates
greater exit barriers.
2. POTENTIAL COMPETITORS.
76
Illustration 2 Industries
[Link]
The previous image shows us a day in the life of one of the major industries of
manufacturing sector (indetex) textile subsector in this image we can observe how
2,234,500 garments are put on the market daily, and 21 new employees are hired.
1.85 million euros enter the company as dividends, Inditex
it generates 3.6 million euros in net profits, its online stores make 5,000 sales
in more than 16 countries, in conclusion the textile sector, subsector clothing
we find economies of scale with large companies like Arturo Calle, Zara, studio
they invest large capitals in advertising, production, design, and development
B. Cost advantages
C. Graphic 21 Competition Comparison
77
The previous graph shows a comparison with the two competitors of the same.
size where it is taken into account: 1. cutting-edge technology, we can find that the
competitor one has machinery and equipment for production while the
competitor number two third-party activities of sewing, washing, and dyeing.
accessibility to supply sources we can observe that the two industries
they have proximity and ease of supply of materials, equipment, and services for
be located in a strategic point of the city. 3. Experience. The number company
Company number one has 10 years of experience and company number two has 15 years of experience.
Experience in the marketing of jeans. 4. Patents the two companies have
designers who develop new models daily, however they do not have
patents. Physical plant, company one has its own production plant,
while company number two only has a small design plant,
cutting, tailoring, laundry and dyeing are outsourced in conclusion We observe in the
sector cost advantages since companies have more than 10 years of
experience, technological developments, design, development, and production plants what
increases the profitability of the sector.
Source: Authors
78
The clothing sector requires a constant investment of large capital to
to remain competitive and at the forefront in such a fierce market, with large entry
number of competitors, that's why industries must focus their resources on
machinery, development, research, advertising, and the opening of new markets, for
which creates greater barriers to entry with increased profitability
Small and medium-sized industries in the textile manufacturing sector directly manage
their vendors, sales sites, and channels, which is why this is not a barrier to entry
decreasing the profitability of the sector
The Great San of Fashion, where there are around 700 Colombian companies. In San
Victorino, 'The Early Riser', as a relatively new business model, presents a
positive impact on the economy of the Colombian capital. It houses more than 5,000 families.
dressmakers and entrepreneurs, who have a sales stand on Wednesdays
and Saturdays in the early morning. This model creates jobs for more than 60,000 people and achieves
Annual transactions worth 150 million dollars. Conclusion: the location
of these industries is favorable for the sector since it is located in one of the sites
of the largest economic movements in the city, very close to the distributors of
supplies and factories located in the Ricaurte neighborhood.
79
F. Government Policies
3. SUPPLIERS
A. Company domain
Graph of the 25 Main Suppliers
80
The textile sector contributed in 2014 with $927,519,025.73, the companies that
significant sales contributed to this activity are Coltejer, Fabricato,
Lafayette, Primatela. Protect it as seen in the previous graph.
The company CONFOTR JEANS depends on many external factors for its development.
correct of your operation.
These external factors are called suppliers. There are three types of suppliers.
that were classified as follows:
For the main raw material, fabrics and threads, there are 4 companies planned that have a
capacidad de respuesta ilimitada dado su estructura industrial masiva en conclusión los
suppliers are not a barrier to entry as they have a high capacity for response
Illustration 3 manufacturing of threads and fabrics
[Link]
nto_sectorial_OEcco_Inexmoda.pdf
81
Based on these criteria, we can say that the bargaining power of the
suppliers in the fashion sector is low. In fact, the textile industry is characterized
by suppliers who are usually linked to buyers' decisions through
of the design and marketing functions, both internalized in the organization
from the large distribution chains.
[Link]
Colombia has a large quantity and variety of suppliers of materials, equipment and
suppliers do not have exclusive clients and only handle products for the
textile sector clothing which shows that customers are very important to it
The profitability of the business is good as the suppliers have low power.
of negotiation.
82
D. Product differentiation
83
E. High costs for changing suppliers
Table 22 Supplier Changes
84
F. Forward integration
[Link]
85
4. CLIENTS
A. FEW CLIENTS
In Colombia, women do not buy a large number of jeans, this means that
they buy jeans individually rather than in bulk, which affects their bargaining power
he is short
B. Product Differentiation
86
C. Substitute Products
The substitutes that can be found are conventional jeans or control shapewear.
abdominal.
But none to the measure of each client. Therefore, the client's bargaining power
It is low since it does not have all the characteristics in a single garment.
87
E. The sector product is costly for the customer.
According to the previous table, we can determine that the cost of our product does not generate
high cost for the customer and that Confort Jeans targets segments 3 to 4 where
a payment availability of 61,000 to 180,000 for a pair of jeans. Budget in
in which our product is classified.
88
F. Risk of backward integration
5. SUBSTITUTES
Illustration 4 Substitutes
89
B. SUBSTITUTE PRODUCTS COME FROM THE HIGH PROFITABILITY SECTOR
Illustration 5 substitutes
When inquiring about a means of mass acquisition of standard substitute products (market
It is evident that prices range between $45,000 and $120,000 with a diversity of
brands and materials.
When evaluating points of sale of stores with similar products, it is observed that the prices
they range between $58,000 and $167,000
90
PROFITABILITY POTENTIAL 5 FORCES OF PORTER
INTERNAL ANALYSIS
91
EXTERNAL ANALYSIS
Illustration 7 External factors
93
6.5 STRATEGIES
Vertical integration strategies: These are the ones that seek to promote growth of
business by extending its reach backward or forward, that is, by making
that which is purchased or fulfilling the function of those to whom it is sold.
According to the above, the type of strategy that is most convenient will be analyzed.
used in the company Confort Jeans.
94
Graph 27 product strategy
PRODUCT DEVELOPMENT
INCREASE THE COMPANY'S MARKET SHARE IN THE MARKETS IN WHICH IT OPERATES AND WITH NEW PRODUCTS.
THIS REQUIRES HAVING A COMPETITIVE PRODUCT AND A GOOD MARKET (THAT IS NOT SATURATED OR IS IN
GROWTH).
THE KEY TO SUCCESS IS NEXT TO MARKETING, AND IN PARTICULAR, PROMOTION AND THE FORCE OF
SALES.
[Link].1 PRODUCT
Objective. To meet the customer's needs regarding quality, price, and design of
jeans product with abdominal control waistband
Tactics. At this point, the main features that the product will have are described:
BRAND.
It is important for the products to manage a brand that generates recall, and even more so.
when the brand is associated with the characteristics of the product (COMFORT JEANS) If it
achieving brand positioning can create a competitive advantage:
Comfort Jeans
95
LOGO
The logo is made in eye-catching colors that are easy to remember and the slogan reflects what women
look for a garment in the product that fits your body
PACKAGING
The packaging is an eye-catching denim bag with the brand's logo and slogan that will help.
to generate awareness, desire to purchase, and to spread the brand
DESIGN
The jean with custom abdominal control waistband is created to the user's measurements, a
product that currently does not exist in the market; as women can find
jeans of this type but they are standard models in standard sizes which generates in many
cases where the garment does not meet its functionality.
As a customized garment, the user can determine the colors, materials, and the
model to use on various occasions. This allows for the use of the product to
extend to all women's activities.
Variable Costs
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Monserrat Cloth $ 10,062.50
Pocket Knife $ 283.50
Zipper $ 400.00
Mark Waist $ 117.00
Flag $ 50.00
Thus $ 15.00
Plaque $ 485.00
MCA button $ 1,095.00
Rivet $ 314.00
Generic Rivet $ 492.00
Manufacturing $ 6,500.00
Dry cleaner $ 3,200.00
Hanging Label $ 315.00
Barcode $ 15.00
Plastiflecha $ 10.00
Transparent Bag $ 81.00
Storage Bag $ 3000.00
Transport $ 2,217.00
Design and Molding $ 8,000.00
Finish Labor $ 1,400.00
TOTAL $ 35,352.00
[Link].2PLAZA.
Objetivo. Crear un punto de referencia donde el cliente diseña y recibe su producto jeans
custom made
• Strategies. The product is designed and distributed directly at the point of sale.
delivering it directly to the final consumer,
• Display cases will be designed with a combination of garments that catch attention.
client.
The location will be in the Suba area towards the Imperial shopping center.
What is the place where our first store would be located.
Tactics. Among the main tactics of the square, the following will be developed:
97
DISTRIBUTION. In the city of Bogotá, being the capital of the country, it is found
moves the largest Colombian population. For this reason, its pace of life is more dynamic than in
any of the other 69 cities, businesses, industry, commerce, and others
These characteristics make Bogotá an interesting market for any company.
Costs. In the following table, the plaza costs for their correct implementation can be seen.
up and running in 6 months.
CLASS OF EXCLUSIVE
DESIGN
DISTRIBUTION CUSTOMIZED
MANUFACTURER -
STRUCTURE DIRECT
CONSUMER
WAREHOUSE WITH
COVERAGE LOCALITY OF
SHOWCASES
GEOGRAPHIC SUBA
CALLING
[Link].4 PRECIO
The following are the launch and positioning strategies in terms of content.
at the price:
b. Strategies. A competitive price will be handled with the market or even lower.
to be able to penetrate more easily
Similar prices will be handled with high-end brands in the market. Like
The opening strategy will offer a 20% discount promotion.
promotion that will last a month and a half (1.5) months, in order for customers
get to know the experience and the excellent products offered by Confort Jeans
Once recognized in the market, the price will not be a differentiator because
the strategy is based on exclusivity and customization, and on the generation of
design experiences of their own garments.
The table below shows the number of jeans that need to be sold to achieve
the break-even point
Table 27 Break-even point
Break-even point
[Link].5 PROMOTION:
Objective. Generate knowledge and recall of the control top jeans product.
abdominal, creating recall and need to purchase in the clients
Strategies:
100
Use free social media to develop communication strategies by
example: Facebook, Twitter, Google Plus, LinkedIn, Publish a Blog, Videos
Related to your Business on YouTube, Photo Catalog on Flickr, Send to the
Clients a Press Release, Participate in Communities Related to your
Activity.
The promotion that will be carried out is through advertising strategies that
They will manage through direct contact at the point of sale with a promoter.
VIP cards will be implemented for clients, which will provide discounts.
in your next purchases
Tactics.
The following tactics can be identified that will be developed regarding the
advertising promotion and sales:
101
Chart 31 Advertising elements
102
7. EVALUATION AND CONTROL PHASE
The evaluation and control phase of the Marketing Plan involves analyzing and evaluating the
different strategies that have been decided in search of possible conflicts or inconsistencies.
The criteria for this evaluation are:
7.1 Evaluation
The evaluation is a very important part of the marketing plan, as this is where
the effectiveness of the proposed strategies is known; the following presents one
global assessment of this plan.
A. Internal compatibility: At this point, whether the specific strategy is compatible with the
objective, since the strategy is aimed at a broad market target (strata 3 and 4)
it can be consistent with the large sales volume objective. Additionally, the price is more
low is also compatible with sales volume.
D. Time: The strategies and their deadlines are compatible with the time frame.
established in the general objective of the plan, sufficient time has also been allocated
is really available.
The following are the strategies and tactics with which the measurement can be made
operability of the marketing plan.
A. Control of the plan. To be able to control the marketing plan, it will be filled out
control records to qualify the development of each of the tactics and strategies
proposals, and additionally, the after-sales service will be evaluated.
with visits to the sales warehouse or through phone calls. This way, it will be possible to
evaluate if the marketing plan is being fulfilled.
B. Sales evaluation: To carry out the sales evaluation, the following will be done
monthly meetings with the vendors and sales director to measure and evaluate
the sales and observe the product rotation
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8. FINANCIAL RESULTS
8.1 BUDGET
Sales forecast
JANUARY FEBRUARY MARCH APRIL MAY JUNE TOTAL
Units 110 220 370 380 450 832 2362
Costs $ $ $ $ $ $ $
Fixed 16,442,037.00 11,442,037.00 1,442,037.00 11,442,037.00 11,442,037.00 11,442,037.00 73,652,222.00
Costs $ $ $ $ $ $ $
Variables 35,352.00 35,352.00 35,352.00 35,352.00 35,352.00 35,352.00 35,352.00
Price of $ $ $ $ $ $ $
Sale 77,500.00 77,500.00 77,500.00 77,500.00 77,500.00 77,500.00 77,500.00
Sales $ $ $ $ $ $ $
Totals 8,525,000.00 17,050,000.00 28,675,000.00 29,450,000.00 34,875,000.00 64,480,000.00 183,055,000.00
The costs for the sale of an average of 394 jeans per month
:
Table 30 Fixed Costs
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Table 31 Variable Costs
To develop the previous strategies and tactics, it is necessary to assign the following
budget:
105
Table 33 Payroll
The percentages presented for social contributions and parafiscal contributions are
current laws for Colombia.
To determine the break-even point, it is necessary to establish the cost of the jeans per unit and the
profit margin obtained from each one.
Break-even point
Fixed costs $ 16,592,037.00
Variable costs $ 35,352.00
Selling price $ 77,500.00
Jean to manufacture $ 394
Monthly sales $ 30,508,751.72
Days month 30 $ 1,016,958.39
Average daily sales 13.12 UNITS
To achieve this break-even point as shown in the previous table, it is necessary to sell
394 pants at a selling price of 77,500 pesos
Table 35 Utility
Income $ 30,508,751.72
Expenses $ 16,592,037.00
Operational Utility $ 13,916,714.72
Business utility 46%
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8.1.5 INCOME STATEMENT
TIR 210%
107
9. CONCLUSIONS
The three main aspects that women consider important at the time
to buy their jeans are: 1. Quality: that they do not stretch or shrink during the
washed and lose color. 2: Design: that they find variety of the product, with
wear, accessories, material reliability, and highlighting their attributes
physicists. 3. Tonality: that they find availability of colors in such a way that
they can choose the one that best suits their needs
3. The biggest difficulties when buying jeans are: 1. Discomfort when not
finding a garment that fits your physique, 2. Dissatisfaction: in many
cases buy the jeans and have to make modifications and 3. Disappointment: for not
find clothing to suit and measure or need
4. Women look for prestige in their jeans brand: that the garment distinguishes them.
of others giving them elegance and exclusivity 2. Innovation: to consider that the
brand garments invest a lot of time and money in continuous development
of their clothing. 3. Quality: clothing brand companies
they invest more resources in materials, ensuring greater durability of their
products
5. For women, the perfect jeans are those that provide them with comfort.
movements, perfect adjustment and has a range of colors according to its
characteristics or needs
7. The times of the year when women buy the most jeans are in their
birthday, in the month of December: taking advantage of the greater availability of
economic resources and in the months of January and February since it is the time of
year when they refer to finding jeans inexpensive due to seasonal changes, is
easier retail shopping co-management.
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9. Regarding the strategies generated for the price, a constant is guaranteed.
product demand through the offering of benefits that range from the
discount for VIP clients achieving the capture of new and potential clients.
It is observed that in the last 3 years there has been growth in the
garment industry which makes the business appealing
interesting to invest
13. The positioning of women in the labor area allows for their ability to
acquisition increases, also being women of a new business era, they
requieren sentirse bien y verse bien para poder entablar relaciones comerciales
with security
14. It is evident that the highest barrier to entry is the experience of the
competitors, but the entry advantage is exclusivity
(customization) of the product
15. Despite being able to obtain garments that could potentially replace our product, we
they find that none are capable of offering in their entirety what provides comfort
jeans
16. In the results obtained in the qualitative and quantitative phases, there
I can conclude that for customers the development of new products within
an existing market is positive. This helps to find greater supply at a
better cost, with greater purchase incentives.
17. After the preparation of this report, the strategic plan is created.
for the marketing of the company Comfort Jeans.
20. According to the sales forecast which took expectations into account
for sale of it is expected to invoice a value of as of December 31, 2016
183,055,000
It should be taken into account that the minimum required sales are 394 jeans.
monthly for the company to be self-sustainable, as with this we find the
breakeven point.
22. The profit margin of the business is 46% with the estimated accounts at
closure of the second semester of 2016.
23. The average monthly return on this investment is 6%. According to the IRR
24. In general, it can be stated that the company Conforf Jeans as such, presents
with the contributions made here, an effective marketing plan that supports in a way
solid the project of expanding the company's product line through
marketing strategies in quality and ideal price that allow for forecasting a
better and favorable positioning in the clothing market.
110
[Link]
[Link]
111
PHILIP, Kotler, GARY, Armstrong, Fundamentals of Marketing. Mexico
Fourth Edition, Prentice Hall. 1997.
[Link]
[Link]
me=[Link]
[Link]
[Link]
Public Geography/Spatial Analysis by locality/Atla
s Public Health/2014/Atlas of Health P
BAblica. Locality Suba [Link]
[Link]
to the textile [Link]
[Link]
II_Contents/additional_reading_5._Colombian_manufacturing_sector.pdf
[Link]
[Link] 13/mercado/[Link]
[Link]
fashion/205171
[Link]
hot-149522
[Link]
fashion/205171
112
info@[Link]
[Link]
Sectoral Document_OEcco_Inexmoda.pdf
[Link]
[Link]
[Link]
[Link]
waist/?F_All=y
[Link]
[Link]
[Link]
WEB-TEMPLATE_GALLERY_PHOTOS-[Link]
113
ANNEXES
4. login
Time: 15 min
6. Second stage
The moderator will ask for 2 people who will represent 2 buyers from
jeans that seek to find a garment with the greatest number of benefits for
You all. And another person will be chosen to represent a seller who offers
all the qualities of your product in this case a Jeans.
Time 10 minutes
Third stage
Question session
Time 15 minutes
114
What motivates you when buying a pair of jeans?
What catches your attention the most in the display case when searching?
a jeans warehouse?
Have you ever had to wear a girdle?
What problems have you had or heard that people have when using
a girdle?
Do you have a specific time of year for buying clothes?
[Link] stage
The moderator will indicate to organize into 2 groups to which they will be given
magazines with images, cardstock, scissors, glue, markers, and we will ask them
that a group makes a collage where they show how they like to feel and what
they see them in perfectly fitting jeans. The second group will create a collage where
express how they wouldn't like to see themselves in jeans, at the end of each speaker
group will socialize the bulletin boards
Time 15 minutes
9. Fifth stage
Time 10 minutes
115
12.2 SURVEY
Number_____
Employee ______
2. Unemployed ______
What is your level of education?
116
5. How many jeans do you buy in a year?
From 1 to 2 ___
From 2 to 4 ___
3. From 4 to 6 ___
4. From 6 to 8 ___
More than 8 ___
None ___ Termina
6. Which of the following attributes is the most important for determining the
purchase of a pair of jeans
Price ___
2. Design ___
3. Color ___
4. Comfort ___
5. Quality ___
7. On a scale of 1 to 5 where 5 is very important and 1 is not important at all
Rate the reasons that would motivate switching from one Jeans brand to another.
Orma 5 4 3 2 1
Quality 5 4 3 2 1
Comfort 5 4 3 2 1
Design 5 4 3 2 1
Cost 5 4 3 2 1
8. How much would you be willing to pay for jeans that meet all the requirements?
attributes that you are looking for?
117
9. On a scale of 1 to 5 where 5 is completely agree and 1 is
completely disagree you how much do you agree on finding a
custom-fitted jeans.
11. Which of the following channels has the most influence when buying a garment?
to wear?
Television _____
2. Catalogs _____
3. Magazines _____
4. Radio _____
5. Reference _____
6. Warehouse _____
7. Others _____ Which: __________
12. When buying a piece of clothing, which payment method do you use the most?
frequency.
Cash: ____
2. Debit card: ____
3. Credit card: ____
4. Purchase bonds: ____
5. Others: ___ Which: _____
I would buy jeans that not only have a perfect fit but also provide a
abdominal control belt.
118