Hub You
#1 in Business Subscribe Email Print

You are here: Home > Business > Branding > India Among Top Jeanswear Market

Tags

  • percent
  • price value
  • being consistently
  • overall jeanswear

  • Links

  • 12 Things That Make Life Worthwhile!
  • Simple, But Powerful Key To Success for ISKCON
  • Vitamin FAQs
  • Hub You - India Among Top Jeanswear Market

    An Exercise in Creating Your Future
    There are two kinds of people: Those who wait for events to carry them along, and those who take what comes and with it design their own futures.One of the most powerful success factors in life is envisioning a future. You cannot reach what you cannot imagine. Envisioning a state of affairs of your own desire is the first step in making the future happen.A Simple ExerciseConsider a project you are working on today. Perhaps it's starting your own business, building a tool shed, creating a quilt, or taking an adventure vacation in Cambodia. Pick any goal so long as it has deep significance for you.Now...let your imagination roam for a minute. What does the successful outcome of your project look like? How do you think you will feel once you've achieved it?Let your mind stay in that vision a little longer, then take a pen and paper -- or sit down at the keyboard -- and finish the following sentence:On the day my project sees success, I awake in the morning and...Describe what that day is like for you. How is your life different? What are the significant others in your life doing? Where do you go? What can you see yourself doing?Your Successful OutcomeThere is no secret to why the act of envisioning a successful outcome is so important. The act of imagining the thing as complete sets off a complex sequence of thinking.Envisioning stimulates a natural process that gets you brainstorming about the next actions you can take to reach that vision. As David Allen, author of Getting Things Done, says,
    he price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more ad

    Advertising Theory and Where it Falls Short
    There are many theories in Advertising, which we learned in MBA school, yet many fall very short in the real world, where there is competition, changing demographics, intense adjusting of consumer buying behavior and so many more methods of advertising than ever before.Indeed it is truly amazing that the MBA textbooks can keep up with it all and really they can’t. If you wish to stay up on what is new in advertising you really need to read the research data and white papers on the subject and how the Internet is changing and evolving. For instance AdSense at Google did not exist during the last reprint of college textbooks in advertising and even it is evolving once again you see?There are so many changes and well I hate to break it to you MBA’ers out there, but I am simply not so interested really in any of your guff, you see I built a small car washing empire and never used the conventional marketing or advertising venues. We built the largest mobile car wash company in the world, without blowing our money on the MBA advertising methods.In fact I use to be an avid reader of “Advertising Age” yet even so I could have easily re-written a third of those articles with a reality check. No, I am not bragging, but rather trying to get you to think on where advertising theory so often falls short you see? Consider all this in 2006. And no you cannot reprint this article for you next MBA Textbook.
    India among top jeanswear market Jeanswear trends started in India truly in the eighties, with the establishment and the movement of brands like Avis, Wings, Flying Machine, UFO, along with international brands like FU's. With the realistic pricing and a "Good jeans for less" proposition, Newport entered into the mass psyche in the mid-nineties. The growth in the domestic jeans and casualwear market is attracting an increasing number of multinationals into the segment.

    With the Indian youth becoming increasingly fashion conscious and with spending power being consistently on the rise, making life easier for the fast-growing 'premium' category of jeanswear brands. On the other hand, it has been tough times for other segments of the business - one of the underperformers being a mass-market jeanswear brand.

    Denim consumption boost up in India Various apparel categories, excluding innerwear, jeanswear too is connected to brand tags in India. A label tag is a must now on the back waist panel of even tailored garments. As regards to contribution of the branded section in each category percentages may vary, approximately 79 percent of the jeans sold in India tagged with label, the rest of jeans are supplied by tailors and localised manufacturers with no-name.

    Daily in India, there are number of small stores where customised jeans are stitched for as little as Rs 200. And their customers are not only Indians, but Westerners too, and you can find a long queue of Westerners, waiting to purchase customised jeanswear to be used as wear and throw and it is because of the reality for the Westerners that the availability of a customised piece of clothing at very low pricing. On the other hand, the more and more affluent middle class is amazingly responsive about the charm of branding.

    Denim wear consumption in India and the business is itself changes almost everyday with new modification and new brands, it is also becoming a part of its action by determining the size, character and make up and it also requires a profound market research study.

    According to a survey report, by considering the aspects of socio-economic, cultural, emotional and functional backgrounds and its applications there are four type of branded jeanswear market available in India.

    India among top jeanswear market Jeanswear trends started in India truly in the eighties, with the establishment and the movement of brands like Avis, Wings, Flying Machine, UFO, along with international brands like FU's. With the realistic pricing and a "Good jeans for less" proposition, Newport entered into the mass psyche in the mid-nineties. The growth in the domestic jeans and casualwear market is attracting an increasing number of multinationals into the segment.

    With the Indian youth becoming increasingly fashion conscious and with spending power being consistently on the rise, making life easier for the fast-growing 'premium' category of jeanswear brands. On the other hand, it has been tough times for other segments of the business - one of the underperformers being a mass-market jeanswear brand.

    Super Premium Segment (Rs. 2000+)- brands like Tommy Hilfiger, Hugo Boss, AN Jeans, Rocky S Jeans, Rathore Jeans

    Premium Segment (Rs. 1000-2000)- Pepe, Levi's, Lee, Wrangler

    Middle Segment (Rs. 500-1000)-Most Indian brands cover both Middle and Premium categories

    Economy Segment (Rs. 300-500)-Ruf n Tuf, Newport, Impact, Thunder as well as in store labels like Westside's SRC and 2Fast4U that are priced between Rs. 375 to Rs. 600

    At the lower and unorganised end of jeanswear market the price is assumed as under Rs.300. Where as most Indian brands cover both Middle and Premium categories.

    In the year 2001-02 about 34 million pieces of jeans were sold, which accounted to a market value of Rs1363 crore. The Super Premium brand jeans was almost not there in the market (about Rs.3 crore), until 2001-02, as there were only few companies. At this time, the Economy segment (Rs.300-500) was accounted to about Rs.500 crore. The premium (Rs.1000-2000) and middle segments (Rs.500-1000) reached to Rs.150 crore and Rs.400 crore respectively. Until this time, consumption per pair of jeans continued predominantly under the Rs.1000 mark as its top limit.

    Then a clear pattern observed in the period of 2002-03, the premium and middle segments rose at approximately 20 and 15 per cent respectively. In other words we can say, jeans priced above Rs.1000 were sold more than those under.

    The Economy segment grew at approximately 10 percent, while the total market size grew by approximately 10.8 per cent over 2001-02, with 37 million pairs of jeans raking in only over Rs.1500 crore in sales in 2002-03.

    The report shows that, of all the price bands, the premium segment performing a large amount of visible and faster growth. During the period of 2003-2004, the premium segment performed with the 25 percent rise with a market value of Rs.225 crore.

    The Economy segment maintains a steady growth at 10 per cent with a coverage over 15 million pieces in the Rs.300-500 price value shifting to retail shelves. Thanks to the fastest growth in the premium segment, together with a rise of the high-value Super-premium ranges (30,000 pieces causing Rs.9 crore in sales), reached to Rs.1690 crore with its 11.9 percent, the overall jeanswear business also increased at a percentage point higher. This key improvement of the super premium price range within a few years is amazing. In 1999, if a brand was introduced at Rs.1100, it was considered as 'super premium' while the same price, the same product in 2003 would build it hardly to premium segment.

    For the year 2004-2005, the study projected a further fastest growth for jeanswear as a category, at about 12.5 per cent.

    Once again, from the Premium segment, the highest growth is likely to occur though growth will stay at 25 percent. The Middle segment was also projected to maintain the period of 2002-2003 - at 15 percent, and carried about Rs.608 crore from eight million pieces. The Economy segment is also performed steady rise - 10 percent - with nearly 17 million pieces shifting to the retail shelves.

    Approximately 43 million pairs of jeans are expected to be sold during the period of 2004- 2005, with menswear obtaining with the major share - 76 per cent, women wear at 17 per cent and kids wear at 7 percent. By the end of the present financial year, the jeanswear market in India would witness valuation about Rs.1902 crore.

    In addition to women's wear, the scenario of market in denim wear brand is prospective for the kids wear market. For children, in addition to just clothing, denim can perform more significantly in accessories and functional products. However, there remains some doubt on how to deal with the attention to the 10-15 years age segment. This is a consumer set that does not fit into most jeanswear brands' core target - 16-25 years - and is also not quite prepared to be treated as 'kids'. For denim, there exists a large base in this age group, which will willingly adopt structured merchandise that connects with their distinct preferences.

    The year 1997 has been taken as base year for the price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more adv

    Shipping Boxes For Your Packaging Needs
    One needs to appropriately pack the goods with the right shipping boxes. There are lots to choose from, and you can either purchase this from the shipping company that will ship the goods for you, or you can purchase this from other stores. You can try checking out the Internet for such retailers, as there are now many who have online stores where you can order online – this would make your purchasing a lot easier.You can check www.uline.com for a list of their products. They have shipping boxes available as their easy-fold mailers, bulk cargo containers, heavy-duty boxes, corrugated boxes, computer boxes, and many more. They also have corrugated pads for your shipping needs as well, especially for goods, which need partitions, & buffers to give it more protection while in transit.Also, there is this website at www.packagingsupplies.com, and you can click on the ‘Boxes’ category to get a list of their shipping cartons. For example, they have these white corrugated mailers that is somewhat formal than the usual brownish colored boxes. These white ones, when used as shipping boxes or containers, will provide a more formal look and appeal, especially when one is shipping catalogs, photos, and literature. They have six styles under this product line.You may also want to check www.allboxes.com for their shipping boxes. They have different sizes available for you to choose from. There’s also www.papermart.com which also has bulk shipping cartons. They offer around 792 sizes, and they are capable of taking your orders and shipping it the following day.An interesting site, which may
    >Denim wear consumption in India and the business is itself changes almost everyday with new modification and new brands, it is also becoming a part of its action by determining the size, character and make up and it also requires a profound market research study.

    According to a survey report, by considering the aspects of socio-economic, cultural, emotional and functional backgrounds and its applications there are four type of branded jeanswear market available in India.

    India among top jeanswear market Jeanswear trends started in India truly in the eighties, with the establishment and the movement of brands like Avis, Wings, Flying Machine, UFO, along with international brands like FU's. With the realistic pricing and a "Good jeans for less" proposition, Newport entered into the mass psyche in the mid-nineties. The growth in the domestic jeans and casualwear market is attracting an increasing number of multinationals into the segment.

    With the Indian youth becoming increasingly fashion conscious and with spending power being consistently on the rise, making life easier for the fast-growing 'premium' category of jeanswear brands. On the other hand, it has been tough times for other segments of the business - one of the underperformers being a mass-market jeanswear brand.

    Super Premium Segment (Rs. 2000+)- brands like Tommy Hilfiger, Hugo Boss, AN Jeans, Rocky S Jeans, Rathore Jeans

    Premium Segment (Rs. 1000-2000)- Pepe, Levi's, Lee, Wrangler

    Middle Segment (Rs. 500-1000)-Most Indian brands cover both Middle and Premium categories

    Economy Segment (Rs. 300-500)-Ruf n Tuf, Newport, Impact, Thunder as well as in store labels like Westside's SRC and 2Fast4U that are priced between Rs. 375 to Rs. 600

    At the lower and unorganised end of jeanswear market the price is assumed as under Rs.300. Where as most Indian brands cover both Middle and Premium categories.

    In the year 2001-02 about 34 million pieces of jeans were sold, which accounted to a market value of Rs1363 crore. The Super Premium brand jeans was almost not there in the market (about Rs.3 crore), until 2001-02, as there were only few companies. At this time, the Economy segment (Rs.300-500) was accounted to about Rs.500 crore. The premium (Rs.1000-2000) and middle segments (Rs.500-1000) reached to Rs.150 crore and Rs.400 crore respectively. Until this time, consumption per pair of jeans continued predominantly under the Rs.1000 mark as its top limit.

    Then a clear pattern observed in the period of 2002-03, the premium and middle segments rose at approximately 20 and 15 per cent respectively. In other words we can say, jeans priced above Rs.1000 were sold more than those under.

    The Economy segment grew at approximately 10 percent, while the total market size grew by approximately 10.8 per cent over 2001-02, with 37 million pairs of jeans raking in only over Rs.1500 crore in sales in 2002-03.

    The report shows that, of all the price bands, the premium segment performing a large amount of visible and faster growth. During the period of 2003-2004, the premium segment performed with the 25 percent rise with a market value of Rs.225 crore.

    The Economy segment maintains a steady growth at 10 per cent with a coverage over 15 million pieces in the Rs.300-500 price value shifting to retail shelves. Thanks to the fastest growth in the premium segment, together with a rise of the high-value Super-premium ranges (30,000 pieces causing Rs.9 crore in sales), reached to Rs.1690 crore with its 11.9 percent, the overall jeanswear business also increased at a percentage point higher. This key improvement of the super premium price range within a few years is amazing. In 1999, if a brand was introduced at Rs.1100, it was considered as 'super premium' while the same price, the same product in 2003 would build it hardly to premium segment.

    For the year 2004-2005, the study projected a further fastest growth for jeanswear as a category, at about 12.5 per cent.

    Once again, from the Premium segment, the highest growth is likely to occur though growth will stay at 25 percent. The Middle segment was also projected to maintain the period of 2002-2003 - at 15 percent, and carried about Rs.608 crore from eight million pieces. The Economy segment is also performed steady rise - 10 percent - with nearly 17 million pieces shifting to the retail shelves.

    Approximately 43 million pairs of jeans are expected to be sold during the period of 2004- 2005, with menswear obtaining with the major share - 76 per cent, women wear at 17 per cent and kids wear at 7 percent. By the end of the present financial year, the jeanswear market in India would witness valuation about Rs.1902 crore.

    In addition to women's wear, the scenario of market in denim wear brand is prospective for the kids wear market. For children, in addition to just clothing, denim can perform more significantly in accessories and functional products. However, there remains some doubt on how to deal with the attention to the 10-15 years age segment. This is a consumer set that does not fit into most jeanswear brands' core target - 16-25 years - and is also not quite prepared to be treated as 'kids'. For denim, there exists a large base in this age group, which will willingly adopt structured merchandise that connects with their distinct preferences.

    The year 1997 has been taken as base year for the price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more ad

    Advertising Risk - Social Proof Overpowers Authority
    The other day I was out for a mountain bike ride in a nearby wilderness area. As I neared the woods, I noticed a police SUV stopped by two bikers. It looked like the police were talking to them about something, then the car took off down a trail in the direction of a dense part of the forest. When I reached the bikers that had been stopped by the police car, they flagged me down and told me that a bear had been spotted in the area. The police asked them advertise the presence of the bear to other bikers.The couple seemed a bit excited. They explained that they were new to the area and asked if bear sightings were common. I told them that I had been riding in the area for fifteen years and had only seen bear twice. I thought this would reassure them that bear were rare. They took it as confirmation that a bear was a very real threat and took off in the opposite direction. I thought I would explore a bit more and went down the trail in the direction of the police and presumably the bear. I didn’t go very far, when I realized that there was no one else on what would normally be a busy trail on a nice Sunday afternoon. Obviously, all the bikers in the area had heeded the warning. So I decided not to press my luck either and left the area.Heading in the other direction, I decided to follow a trail that runs along side a lake. But to my surprise, there was a big metal gate blocking the trail with a very official looking warning sign advertising that the park authority had closed the trail due to unsafe conditions. I stood there for a moment, and noticed that mountain bikers had been bypassing the gate an
    the price is assumed as under Rs.300. Where as most Indian brands cover both Middle and Premium categories.

    In the year 2001-02 about 34 million pieces of jeans were sold, which accounted to a market value of Rs1363 crore. The Super Premium brand jeans was almost not there in the market (about Rs.3 crore), until 2001-02, as there were only few companies. At this time, the Economy segment (Rs.300-500) was accounted to about Rs.500 crore. The premium (Rs.1000-2000) and middle segments (Rs.500-1000) reached to Rs.150 crore and Rs.400 crore respectively. Until this time, consumption per pair of jeans continued predominantly under the Rs.1000 mark as its top limit.

    Then a clear pattern observed in the period of 2002-03, the premium and middle segments rose at approximately 20 and 15 per cent respectively. In other words we can say, jeans priced above Rs.1000 were sold more than those under.

    The Economy segment grew at approximately 10 percent, while the total market size grew by approximately 10.8 per cent over 2001-02, with 37 million pairs of jeans raking in only over Rs.1500 crore in sales in 2002-03.

    The report shows that, of all the price bands, the premium segment performing a large amount of visible and faster growth. During the period of 2003-2004, the premium segment performed with the 25 percent rise with a market value of Rs.225 crore.

    The Economy segment maintains a steady growth at 10 per cent with a coverage over 15 million pieces in the Rs.300-500 price value shifting to retail shelves. Thanks to the fastest growth in the premium segment, together with a rise of the high-value Super-premium ranges (30,000 pieces causing Rs.9 crore in sales), reached to Rs.1690 crore with its 11.9 percent, the overall jeanswear business also increased at a percentage point higher. This key improvement of the super premium price range within a few years is amazing. In 1999, if a brand was introduced at Rs.1100, it was considered as 'super premium' while the same price, the same product in 2003 would build it hardly to premium segment.

    For the year 2004-2005, the study projected a further fastest growth for jeanswear as a category, at about 12.5 per cent.

    Once again, from the Premium segment, the highest growth is likely to occur though growth will stay at 25 percent. The Middle segment was also projected to maintain the period of 2002-2003 - at 15 percent, and carried about Rs.608 crore from eight million pieces. The Economy segment is also performed steady rise - 10 percent - with nearly 17 million pieces shifting to the retail shelves.

    Approximately 43 million pairs of jeans are expected to be sold during the period of 2004- 2005, with menswear obtaining with the major share - 76 per cent, women wear at 17 per cent and kids wear at 7 percent. By the end of the present financial year, the jeanswear market in India would witness valuation about Rs.1902 crore.

    In addition to women's wear, the scenario of market in denim wear brand is prospective for the kids wear market. For children, in addition to just clothing, denim can perform more significantly in accessories and functional products. However, there remains some doubt on how to deal with the attention to the 10-15 years age segment. This is a consumer set that does not fit into most jeanswear brands' core target - 16-25 years - and is also not quite prepared to be treated as 'kids'. For denim, there exists a large base in this age group, which will willingly adopt structured merchandise that connects with their distinct preferences.

    The year 1997 has been taken as base year for the price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more ad

    E-Currency Exchange Program Reviewed
    The truth is that it is possible and some of the richest people you will ever meet make the majority of their money passively and without working as hard as you may be. You see society teaches us that you must work hard to make money and this is what keeps 99% of people working their whole lifetime without much to show for it.Well I'm here to tell you that making money on autopilot is possible. The e-currency exchange business is the way I do it and it's the way I recommend to anyone, even my friends and family. It's an amazing opportunity and I am so thankful and fortunate for finding it.You can start with as little as $50 or you can start with much more, and don't worry about starting with a small amount because it will just take a little bit for it grow much larger. Here's is how you make money with e-currency exchange.-You fund your e-currency exchange account.-Your account generates between .5%-5% returns on your money every 24 hours-You spend about 30 minutes per day to make the absolute maximum you can-During those 30 minutes you turn over your profits from the previous 24 hours and get daily compounded returns.-You watch as your account grows every day. Since you want an income from this business you take what you need every week or month and you let the rest keep growing. In August 2006 the e-currency exchange system was updated so now it takes 24-48 hours to withdraw profits.Once you start making a good passive income with e-currency exchange you will not only have money but more time as well. It'll also expand your mind and help you understa
    higher. This key improvement of the super premium price range within a few years is amazing. In 1999, if a brand was introduced at Rs.1100, it was considered as 'super premium' while the same price, the same product in 2003 would build it hardly to premium segment.

    For the year 2004-2005, the study projected a further fastest growth for jeanswear as a category, at about 12.5 per cent.

    Once again, from the Premium segment, the highest growth is likely to occur though growth will stay at 25 percent. The Middle segment was also projected to maintain the period of 2002-2003 - at 15 percent, and carried about Rs.608 crore from eight million pieces. The Economy segment is also performed steady rise - 10 percent - with nearly 17 million pieces shifting to the retail shelves.

    Approximately 43 million pairs of jeans are expected to be sold during the period of 2004- 2005, with menswear obtaining with the major share - 76 per cent, women wear at 17 per cent and kids wear at 7 percent. By the end of the present financial year, the jeanswear market in India would witness valuation about Rs.1902 crore.

    In addition to women's wear, the scenario of market in denim wear brand is prospective for the kids wear market. For children, in addition to just clothing, denim can perform more significantly in accessories and functional products. However, there remains some doubt on how to deal with the attention to the 10-15 years age segment. This is a consumer set that does not fit into most jeanswear brands' core target - 16-25 years - and is also not quite prepared to be treated as 'kids'. For denim, there exists a large base in this age group, which will willingly adopt structured merchandise that connects with their distinct preferences.

    The year 1997 has been taken as base year for the price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more ad

    Are You Good, Great Or Awesome?
    Are you good, great or awesome?One of the early lessons I learned about speaking (and business as a whole) was from Lou Heckler.Man, talk about a great last name for a humorist, huh?Anyway, here’s what Lou told me in 2003. I never forgot it:There are three kinds of speakers in the world.First, there’s a GOOD speaker. After he’s done with his talk, audience members come up to him, shake his hand and say, “Good speech. Thanks a lot!”Then, there’s a GREAT speaker. After he’s done with his talk, audience members come up to him, shake is hand and say, “Great speech! That story about that guy you met on the bus really hit a nerve. Thanks a lot!”Then, there’s an AWESOME speaker. After he’s done with his talk, audience members come up to him; but instead of shaking his hand, they give him a business card and say, “I want you to do that for my company.”Wow.And this isn’t just about giving speeches, either.This is about value.This is about perception.FOR EXAMPLE: a prospect comes to your website. He has a look around. And then he emails you with one of the following responses:1. Dear You: I just stumbled across your site, and I’ve got to say – it’s really good. Thanks a lot. Sincerely, Mike.2. Dear You: I just stumbled across your site, and I’ve got to say – it’s really great! Love those articles and video testimonials! Sincerely, Mike.3. Dear You: I just stumbled across your site, and I want to hire you. Call me this afternoon. Sincerely, Mike.Which email would you want?THE BOTTOM LI
    he price range purpose. Then the super premium price range beyond Rs.800-plus could not be imagined as there were not too many offers beyond that range. However, we ourselves were surprised to note that now the super premium range may easily be defined at range of Rs.2000-plus. The time has changed in such a short time. There is a major learning for all of us and specifically for international brands.

    While judging on the part of the entry strategies for various international brands, the most challenging job is to determine the right price points. There are many aspects - parity with international prices, global positioning, perceived image in the new market, and anticipated positioning in the new market connecting to incumbent brands. And most of the times, a mix of these parameters and their weights is applied to identify with certain other, not likely to definite factors in mind. Unlike developed or established markets, it has much more space to expand on the premium end once the brand is established and customers are well-informed about the differentiation, and the only one factor that has to keep in mind is that the Indian market is growth-driven and is fueled by inflation.

    The entrance of premium price points in denim market is also determined by the fact that the market was in decelerated phase in 1999-2000. At that time the brands were required to present more value-added products to create consumer look at denim in a different way. As weigh against to "workman's apparel", the denim with embroidery and innovative washes, styling and cuts was found to be more as fashion apparel.

    This change in rank permitted denim to walk around newer and higher price points. And also unlock the giant door for many international brands to strive at higher price points by creating more advance merchandise. Supporting to this, the recognition of denim wear as fashion apparel fascinated many Indian designers to show their strong presence. And also give further merchandise to the premium and super premium ranges.

    The Economy and lower price bands appear to have been unnoticed in the jeanswear brand to move ahead. In India, there are few exceptions, like Newport in the mid-nineties and at present Ruf n Tuf (via the Arvind Brands and Pantaloon Retail joint effort) attempted to capture this untapped and big market opportunity.

    Whereas the denim brands for their continued existence have found some respite at the premium end, the real speed where denim belongs is still uninfluenced. The approximations are that at a price point of Rs.300 for denim jeans, the market could be as big as Rs.2000 crore i.e. larger in value compared to the whole market existed at present. However, the biggest challenge lies all across the supply chain - be it the distribution or retail at front-end or the highly efficient manufacturing at the other end.

    Consequently, with the appearance of modern formats of retailing as large format department stores or numerous malls permitting more exclusive brand stores to start, where products needs a different stage of environment and service levels to exhibit, trial and purchasing decision that was not seen until at present, which provide the strong support to the development of the premium end at a large. The situation seems to be further progressive for premium end brands with the constant growth projection in retail sector.

    The markets drift evidently prove that the denim may be going for another decline soon, but it give the impression that with all these new products and innovations, premium brands may be capable to remain in much improved phase.

    Considering the manufacturing point of view (whether the fabric or garments) mills like Arvind Mills have showed their competency in production and received the respect as a largest scale of producer with the position to present the cheapest basic denim fabric in the world. Though, India does not have in fact efficient jeans making provisions as a VF Corp. (owner of Lee and Nautica Jeans) has in other parts of the world.

    From the marketing and distribution point of view, as a mass market of jeans existed, the complicated and split nature of the distribution chain have not allowed many good judgments and came to pass, and also has squeezed many perceptions in their push. Though, with a much more efforts desired by logistics suppliers and quick development in retail formats like Big Bazaar, many difficulties can be removed and the vast potential for denim jeans can be opened.

    The urban and semi urban masses: another targeted audience to deliver the products On the back end, whereas it may be starting phases of the markets for urban and semi urban masses, the large portion of rural and semi rural markets are another targeted audience to deliver the products. As the practical requirement of jeans may be extremely vary from what is required in urban markets' masses, there will be a challenging task to operate from the basic product itself. Whether it is waterproofing, or anti bacterial finishes, with the consideration of the market size, making jeans for the rural market, more and more research and development tasks are require to develop the market. It is the efforts taken by DSCL (Hariyali), ITC Ltd (Sagar) and Godrej (Adhaar) into rural retailing, the setup in rural market may soon turn out to be much easier to deal with. These set ups can unlock the doors to the largest untapped market in the world.

    In the end, to wait on the opportunity in premium brand, it is surprised to note that all potential segments are moreover already in its position or can easily be shaped. Though, the absent portion is an assertive company to set all these segments together and switch over to this potential into real business.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.iadvice.info/article/7773/iadvice-India-Among-Top-Jeanswear-Market.html">India Among Top Jeanswear Market</a>

    BB link (for phorums):
    [url=http://www.iadvice.info/article/7773/iadvice-India-Among-Top-Jeanswear-Market.html]India Among Top Jeanswear Market[/url]

    Related Articles:

    Give Your Business An Oscar Moment

    Water - The 21st Century Business!

    Freelance Copywriters: 'You Cannot Be Serious!'

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com