Upload
katherine-majerick
View
140
Download
2
Embed Size (px)
Citation preview
PARKER & PINECASE STUDY
KATHERINE MAJERICKBRANDON BERRIGAN
MATT DEGUIRE
P U R P O S E
To provide fashionable clothing options forplus-size men.
H I S T O R Y
Founded by Irfan Hajee & Leo Park in 2013Both Western University graduates, with degreesin business management & financeFocus on plus-size clothing & fashionable for men- niche market Financed through prize money, government grants& personal savingsHave been using zero-cost advertising methods
K E Y I S S U E S
SETTING PRICES PROMOTIONAL STRATEGY
Competitor's pricingWillingness to payParker & Pine's costs
Cost-effective strategyEfficient strategySmall budget
Niche marketFocus on qualityProduct made to fit comfortablyLow cost advertisingNo rent cost for store
Higher costs in materialsUnknown brand Budget
I N T E R N A L A N A L Y S I S
E X T E R N A L A N A L Y S I S
Per capita expenditure on apparelexpected to increaseUS apparel e-commerce revenueaccounted for 38$ billion of total sales in2012; expected to reach 86$ billion by2018
28% of Americans never used the internetBig & established brands to compete with
C O M P E T I T I O N
POLO TOMMY HILFIGER OLD NAVY
CUSTOM TAILORS
C U R R E N T T A R G E T M A R K E T
Male
Fashion-concious
Plus size
Middle toupper class
M A R K E T P O T E N T I A L
North America
Plus-size
Male
P O T E N T I A L T A R G E T M A R K E T S
Plus-size Women Teen Plus-size
Life-style products
P R I C I N G S T R A T E G Y30$ A PAIR
Remain competitivewith big brands byhaving a slightlylower price
Price not toolow; still
considered aqualityproduct
Wanted tocharge minimum
25$ becausematerials costmore for plus-
size
Would bewilling to paymore forcomfort &quality
M U L T I - C H A N N E L P R O M O T I O N A L S T R A T E G I E SFashionconventionproductdemonstration
Samplesin a plus-sizestore - First50 people
Promotion onwebsite
Ad Words
Social Media
DirectMarketing
F A S H I O N C O N V E N T I O N
BOOTH SAMPLES LIVE STREAM
P L U S S I Z E S T O R E E V E N T
SAMPLES
PROMOTE ONFACEBOOK
EMAIL TOSUBSCRIBERS
D I R E C T M A R K E T I N G
EMAIL MARKETING
W E B S I T E
Subscription tobuild a database
SEOOptimized website
Simple & ClearWebsite with E-
store
Google Analytics CustomersReviews
S O C I A L M E D I A
A D W O R D S
B U D G E T B R E A K D O W N
SAMPLES & DEMONSTRATION
ADWORDS
WEBSITE
FB
T H A N KY O U