Professional Documents
Culture Documents
Jelly Bunny Situation Analysis
Jelly Bunny Situation Analysis
Jelly Bunny Situation Analysis
SITUATION ANALYSIS
Brand: Jelly Bunny
Name: Nurul Ain Nadirah Bukhri ID: 1102701106 Year: Delta 1, Trimester 1 Date of Submission: 15th July 2013
TABLE OF CONTENTS
CHAPTER 1 | PROJECT OVERVIEW 1.1 Introduction 1.2 Problem Statement & Issues 1.3 Objectives & Aims 1.3.1 Objectives 1.3.2 Aims CHAPTER 2 | PROJECT PROFILE 2.1 Product Name 2.2 Product Classification 2.3 Product Characteristics 2.3.1 Characteristics Chart 2.3.2 Packaging 2.4 Product Range 2.4.1 Footwear 2.4.2 Bags 2.5 Distribution 2.6 Product Life Cycle 2.7 The Brand 2.8 Brand Image and Implication 2.9 Strength and Weakness 2.9.1 Strength 2.9.2 Weakness 2.10 Advantages and Disadvantages 2.10.1 Advantages 2.10.2 Disadvantages 3 3 3 3 4 4 5 9 12 12 13 14 15 15 15 15 15 16 1 2 2 2 2
16 17
2.12 Promotional History and Advertising Schedule 2.13 Positioning Statement CHAPTER 3 | THE COMPANY 3.1 Company Overview 3.2 Business Description 3.3 Company History 3.4 Key People 3.5 Location and Subsidiaries
18
19 19 21 22 22 23
3.6 Brands, Major Products and Services 3.7 Corporate Vision 3.8 Corporate Mission
24 24
3.9 Companys Current Promotional Strategy 24 3.10 Product Sales History 3.11 Current Marketing Objective 3.11.1 Long Term Objective 3.11.2 Short Term Objective 3.12 Media Expenditure 24 24 24 25 25
CHAPTER 4 | CONSUMERS AND STAKEHOLDERS 4.1 Current Consumers Characteristics 26 4.1.1 Primary Current Consumers Demographics 4.1.2 Primary Current Consumers Psychographics 4.1.3 Secondary Current Consumers Demographics 4.1.4 Secondary Current Consumers Demographics 4.2 Stakeholders Characteristics 4.2.1 Primary 4.2.2 Secondary 26 26 27 27
27 27 28
CHAPTER 5 | INDUSTRY AND MARKETPLACE 5.1 The Industry 29 5.1.1 Definition of the Industry 29 5.1.2 Shape of the Industry 30
5.2.1 Current Condition of the Marketplace 34 5.2.2 Changes in Marketplace 35 CHAPTER 6 | COMPETITIVE SITUATION 6.1 Direct Competitors 6.1.1 Melissa Shoes 6.1.2 JuJu 6.1.3 Monobo 6.2 Indirect Competitors 6.2.1 Crocs 6.2.2 SUPRA 6.2.3 Charles & Keith CHAPTER 7 | SWOT ANALYSIS 7.1 Strength 7.2 Weakness 7.3 Opportunity 7.4 Threat .. 42 .. 42 .. 42 .. 42 36 36 37 38 39 39 40 41
CHAPTER 8 |STRATEGIC TARGET AUDIENCE 8.1 Proposed Primary Target Audience 8.1.1 Demographics 8.1.2 Psychographics 44
44 44 45
45
8.2.2 Psychographics
45
CHAPTER 9 | RESEARCH DEVELOPMENT 9.1 Marketplace Research 9.2 Market Observation 9.3 Online Survey 9.4 Interview 46 49 50 55
10.1.1 Packaging and Labeling 59 10.1.2 Official Website 10.1.3 Social Media 59 60 60
61 62
10.1.6 Concept Store, Mini Store and Booth 10.2 Precedent Studies 10.2.1 Video Promotion 10.2.2 Fashion Shows CHAPTER 11 | REFERENCES CHAPTER 12 | APPENDICES
63 64 65 67
Jelly Bunny
Issues:
People are afraid to step into the store because of the luxurious concept and assumed that the price is equivalent to luxurious brand as well. The target market for Jelly Bunny is female aged 16 28 but based on observation on the stores outlet, the age range of people that step into the store is 30 40. Jelly shoes can sometimes look tacky because of the resemblance to Crocs.
1.3.2 Aims
To make sure that the actual target audience would reach out more to the brand. To provide an e-commerce website so that the customer could easily buy it from the website. To achieve goal with the product at the stage of peak in the product life cycle. To stress the importance of social media in brand marketing.
Jelly Bunny
JELLY BUNNY Jelly Bunny is a concept store that offers variety designs and colours of jelly shoes with vanilla aroma scent. The products are designed for teens and young adult female who are looking for a comfy yet chic, stylish and colourful shoe. Some of the concept store also offers bag in their product lineup.
2.3.2 Packaging
Unlike most footwear store that gives out shoe box as packaging, Jelly Bunny only gives a plastic wrapping to protect the shoe and a paper bag to carry it.
Jelly Bunny
2.4.1 Footwear
Jelly Bunny
Jelly Bunny
Jelly Bunny
Jelly Bunny
Figure 2.4.1: The footwear lineups for Jelly Bunny Footwear is the main product in the brand. Varieties of footwear such as sandals, flip flops, ballerina flats, wedges, peep toe, and even high heels are included in each collection. The price ranges from RM29 to RM139.
2.4.2 Bags
Jelly Bunny
10
Jelly Bunny
11
Jelly Bunny
Unlike the footwear, the accessories are a bit hard to find on stores around Malaysia since its the product they wanted to push. The price ranges from RM89 RM139 for the bags. As of now there are only two types of bag exists in the collection; handbag and tote bag.
2.5 Distribution
Jelly Bunny products are distributed directly to the consumer through their concept stores that is available at Midvalley Megamall, One Utama, Sunway Pyramid and Suria KLCC at Kuala Lumpur; Dataran Pahlawan Mall at Melaka, and Queensbay Mall at Penang. They do not have any other option of sales which also includes online purchasing.
The product life cycle for Jelly Bunny is in the early stage of introduction as it is a very young brand, being established only two years ago in 2011.
12
Jelly Bunny
Jelly Bunny is a brand under one of JASPAL Group associates company that is Injected Republic Co,. Ltd. In Malaysia, Jelly Bunny is distributed under another JASPAL Group associates company that is JPS Fashions (M) Sdn. Bhd. It is a brand that specializes in jelly footwear.
Jelly Bunny emphasizes on the importance of wearing a comfortable footwear while still looking chic, stylish and fashionable. The moods and tones of Jelly Bunny are filled with bright vivid colours to sweet pastel colours to suit the aspiration of young females of their target market. The brand is inspired from casual and comfortable way of footwear. The brand uses semi transparent, jelly-like sheen material usually PVC to create the footwear and even the accessories (bags) lineups. The concept store offers variety designs of colourful jelly footwear but some branches might include accessories like bags and mobile phone case. The corporate identity for Jelly Bunny stems from the idea of full of colour and imagination. The brand visual has created a sense of joyful and imaginative. There are currently 20 outlets in Thailand and 6 in Malaysia. The first Jelly Bunnys concept store in Malaysia is at Suria KLCC that officially opened on the end of November 2012. Being a very young brand (2011 in Thailand, 2012 in Malaysia), theres not much exposure of Jelly Bunny in the media even in their homeland, Thailand. If Jelly Bunny could be summed up in 4 words it would be; sweet, colourful, joyful and imaginative.
13
Jelly Bunny
Figure 2.8: The figure above shows the product life cycle of Jelly Bunny
As the figure shown above, the product life cycle for Jelly Bunny is still in the early stage of introduction since Jelly Bunny itself is still a very new brand. Of course since the brand is very new, theres a very low brand awareness and furthermore the store concept making it harder for the brand to reach out to their target audience. However, Jelly Bunny has a very strong and known brand as a sister company that is JASPAL. Most customers would become more trusting of Jelly Bunny as a brand if they knew that Jelly Bunny is in a way related to JASPAL. Even if this is the case, JASPAL did not try to promote Jelly Bunny eventhough it could definitely boost Jelly Bunnys brand awareness. The market share for jelly shoes on the other hand is still small with Melissa holding about 40% despite its overwhelmingly expensive price, Jelly Bunnys holding 20% and Monobo is 10%.
14
Jelly Bunny
2.9.2 Weakness
Some people liken jelly shoes to Crocs because both are using PVC as main material therefore jelly shoes could look a bit tacky to some people. The prices for the bags are a bit expensive. The public dont know that jelly shoes are the trend nowadays. The website does not have an e-commerce platform for online shoppers to buy their collection. The shoes might not suit a high class event since its so casual. Very little choices of neutral earthy colours. JASPAL didnt promote it as a part of their sister brand.
15
Attract people to have a look at the products since the products colours are so eyecatching. People will have more trust in Jelly Bunny if they knew that it is a part of a more known established brand.
2.10.1 Disadvantages
The store concept makes people out of their target audience goes into the store and the designs of the shoes may not appeal to other age groups. Theres only one method of buying the products that is directly from the shop. Very low brand and product awareness.
16
Jelly Bunny
End of season sale would be held at the end of each season; winter, spring, summer, fall. The sales could be up to 50% with additional promotion such as getting extra 15% discount when you like the Facebook page of Jelly Bunny.
Figure 2.12 (b): Screenshot of article featuring Jelly Bunny on Hijabista website On December 28th, 2012; a web article featuring Jelly Bunny was on Hijabistas (a leading hijabi fashion magazine) website.
17
Jelly Bunny
Figure 2.12 (c): An article about Jelly Bunny in The Star Online On 12th November 2012, an article about Jelly Bunny was in The Star online portal.
Figure 2.12 (d): An article about Jelly Bunny in Utusan online portal On 5th October 2012, an article about Jelly Bunny and the store first opening was in Utusan online portal.
18
Jelly Bunny
19
Jelly Bunny
JASPAL Group which are Co. Ltd., Jaspal & Sons Co. Ltd., Insaf Property Co. Ltd., JS Development Co. Ltd., JS Home Interiors Ltd., JPS Fashions (M) Sdn Bhd, Injected Republic Co. Ltd., and Insaf Asset Co. Ltd. Through exclusive licensee arrangements, they are also Thailand's sole distributors for renowned international brands such as Footwork and Footwork Noir, Invista built on Dupont innovations. (for fiberfill sleep products) and Sealy (for its Posturepedic mattresses) and Ethan Allen the American premier home furnishings resource. They opened their first Jaspal fashion outlet in 1976 and now operate 129 retail outlets in Thailand dedicated to fashion and footwear. This is besides 4 stores of Jaspal Home Collection which are at the sophisticated discerning level of soft line furnishing and home dcor. The group's aggressive marketing efforts have resulted in successful regional expansion and a growing list of countries to which they have expanded. Consolidated revenues are projected at Bath 3,780 million (USD 120 Million). The group is confident of continued future growth and will explore the development of more collaborative alliances and new markets.
20
Jelly Bunny
JASPAL Group is a leading fashion retail company engaging in designing, manufacturing and marketing of several leading clothing and accessories brands including its flagship brand JASPAL, CPS: Chaps, Lyn, CC-OO and importer of top quality footwear
including VIA, UNO and Rider which are available in leading department stores. The group started out as Jaspal & Sons in Bangkok in 1947 when Jaspal Singhsachathet began a business of importing and distributing bed and bath products. The group is now in the hands of the fourth generation of the Singhsachathet family, which founded the business. It began as an importer and distributor of bed and bath linen products and evolved into the highly diversified conglomerate it is today with interests in manufacturing, trading, retailing and real estate. They opened their first Jaspal fashion outlet in 1976 and now operate 129 retail outlets in Thailand dedicated to fashion and footwear. This is besides 4 stores of Jaspal Home Collection which are at the sophisticated discerning level of soft line furnishing and home dcor. Its internationalization started by venturing into Malaysia and the Philippines in 2007, followed by most Southeast Asia. The group currently has more than 100 stores in Thailand and overseas. The groups mission is to become a global brand in the fashion industry and to attain this goal, the group welcomes internationally famous models to be brand ambassadors. Past brand ambassadors include supermodels Kate Moss and Gisele Bundchen and actress Mischa Barton and Selma Blair. In Malaysia the current ambassador for the flagship brand, JASPAL is Amber Chia. The groups trademarks particularly its Santas mark are currently protected in more than 40 countries and it is eyeing further expansion into other markets with its diversified brand portfolio. JPS Fashions (M) Sdn Bhd is JASPAL Groups associates company in Malaysia established in 2007 when JASPAL Group decided to expand into foreign market making JPS Fashions the first foreign operation. It used to be known as JASPAL (Malaysia) and look after the expansion of retail outlets in
21
Jelly Bunny
Malaysia for all of its flagship brands, including Jaspal, CPS Chaps, CCOO, Lyn, Footwork and the most recent; Jelly Bunny.
22
Jelly Bunny
One Utama Shopping Centre Lot LG206, Lower Ground Floor Tel : 03-7722 4066 Fax : 03-7726 8869 Business Hours : 10.00am - 10.00pm (Fri & Sat: 10.00am - 10.30pm) Dataran Pahlawan Mall Malacca Lot BS-13, Ground Floor Tel : 06-286 4066 Fax : 06-286 4067 Business Hours : 10.00am - 10.00pm
23
Jelly Bunny
24
Jelly Bunny
To elevate Thailands reputation from a manufacturing base of foreign labels to a brand-name participant in the world scene.
25
Jelly Bunny
Motivation & Needs : Essential footwear and handbags that is fashionable and trendy but still comfortable. Attitude & Personality: Outgoing, active, trendy, always-on-the-go, bubbly, enjoys life Lifestyle : Social, stylish, uncontrolled
26
Jelly Bunny
Motivation & Needs : Essential footwear and handbags that is chic and stylish but still comfortable. Attitude & Personality: Outgoing, active, stylish, always-on-the-go, up-to-date to fashion trends. Lifestyle : Social, stylish, hectic
4.2 Stakeholders
4.2.1 Primary Stakeholders
Associate Company JASPAL Co. Ltd is the primary stakeholder in JPS Fashions (M) Sdn. Bhd holding a share worth RM5 million. JASPAL Co. Ltd would give advice including employees employment accordingly regarding the promotion and marketing of the brands that resides under JPS Fashions (M) Sdn Bhd to produce the best result.
27
Jelly Bunny
Board of director
Board of director makes decision involving management and supervision of JPS Fashions (M) Sdn Bhd. The nature of the company is still small despite managing the brands of Thailands leading fashion company, JASPAL Co. Ltd. All the products and affairs of Jelly Buny in Malaysia are handled by JPS Fashions (M) Sdn. Bhd. Employees All non executive employees are hired by JPS Fashions (M) Sdn Bhd with the advice from JASPAL Co. Ltd. Human resources department.
28
Jelly Bunny
committee is needed for foreign companies like JASPAL Group to set up wholesale or retail operations locally and for the opening and relocation of branches.
29
Jelly Bunny
DESCRIPTION HS code : 64.01 (6401.10.000 6401.99.000) Waterproof footwear with outer soles and uppers of rubber or of plastics, the uppers of which are neither fixed to the sole nor assembled by stiching, riveting, nailing, screwing, plugging or similar processes. HS code : 64.02 Other footwear with outer soles and uppers of rubber or plastics 6402.12.000 : Ski boots, cross-country, ski footwear and snowboard boots, 6402.19.000 6402.99.000 HS code : 64.03 Footwear with outer soles of rubber, plastics, leather orcomposition leather and uppers of leather. 6403.12.000 ski boots, cross country ski footwear and snow bound boots Other 6403.19.100 6403.19.300 riding boots, bowling shoes, sports footwear fitted with spikes, studs, bars and the like (riding bootsno sales tax) Other 6403.19.900 6403.20.000 footwear with outer soles of leather, and uppers which consist of leather straps across the instep and around the big toe 6403.40.000 other footwear, incorporating a protective metaltoe cap
nil
10%
nil
10%
nil
10%
nil
10%
nil
10%
nil
10%
nil
10%
nil
10%
30
Jelly Bunny
Other footwear with outer sole of leather : 6403.51.000 covering the ankle 6403.59.000 - other Other footwear : 6403.91.100 covering the ankle 6403.91.900 - other 6403.99.100 other 6403.99.900 other HS code : 64.04 Footwear with outer soles of rubber, plastics leather or composition leather and uppers of textile materials. Footwear with outer soles of rubber or plastics : 6404.11.000 sports footwear, tennis shoes, basketball shoes,gym shoes, training shoes and the like, 6404.19.000 other 6404.20.000 footwear with outer soles of leather or composition leather HS code : 64.05 Other footwear 6405.10.000 with uppers of leather or composition leather 6405.20.000 with uppers of textile materials 6405.90.000 other HS code : 64.06 Parts of footwear (including uppers whether or not attached to soles other than outer soles); removable in-soles, heel cushion and similar articles; gaiters, leggings and similar articles, and parts thereof. 6406.10.100 6406.10.900 6406.20.110 6406.20.900 6406.91.100 6406.99.990 nil 10% nil nil nil nil 10% 10% 10% 10% nil nil 10% 10%
nil nil
10% 10%
Below are the tabulated data of imported and exported major footwear categories.
31
Jelly Bunny
2009
2010
Jan-Aug 2011
RM EURO 8.96 2.10 182.55 42.85 203.87 47.85 80.69 18.94 48.33 11.34 26.43 6.20 550.83 129.28
Table 5.1.2 (a): Malaysia Footwear Import Data Summary HS Code 6401 6402 6403 6404 6405 6406 Total RM 43.68 169.45 239.57 105.14 153.37 17.03 728.24 2009 EURO 10.25 39.77 56.23 24.68 36.00 4.00 170.93 RM 44.43 290.44 173.27 79.06 112.84 12.38 712.42 2010 EURO 10.43 68.17 40.67 18.56 26.48 2.90 167.21 09/10 % change 1.72 71.40 (27.67) (24.80) (26.43) (27.30) (2.18) Jan-Aug 2011 RM EURO 28.26 6.63 167.28 39.26 153.12 35.94 42.42 9.96 66.33 15.57 4.90 1.15 462.31 108.51
Table 5.1.2 (b): Malaysia Footwear Export Data Summary REFERENCE : 6401 (SITC codes : 851.110.000 851.319.000) Waterproof footwear with outer soles and uppers of rubber or of plastics, the uppers of which are neither fixed to the sole nor assembled by stitching, riveting, nailing, screwing, plugging or similar processes. 6402 (SITC codes : 851.210.000 851.329.000) Other footwear with outer soles and uppers of rubber or plastics. 6403 (SITC codes : 851.220.100 851.489.190) Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather. 6404 (SITC codes : 851.250.100 851.520.000) Footwear with outer soles of rubber, plastics leather or composition leather and uppers of textile materials. 6405 (SITC codes : 851.490.100 851.700.999) Other footwear 6406 (SITC codes : 851.910.100 851.999.990) Parts of footwear (including uppers whether or not attached to soles other than outer soles); removable in-soles, heel cushions and similar articles; gaiters, leggings and similar articles, and parts thereof.
32
Jelly Bunny
Below are the representations of market share of major suppliers of footwear to Malaysia through tabulated data.
Country China Vietnam Indonesia Hong Kong Italy India United Kingdom Thailand United States Brazil
2009 48.6 17.7 8.5 5.0 3.0 3.5 3.3 2.5 2.0 1.2
2010 54.8 14.2 9.6 3.1 2.7 4.1 1.5 2.1 2.3 1.7
2011 52.1 14.8 9.5 3.1 3.9 4.2 0.8 1.9 3.6 0.9
Lastly, below are the representations of market share of major importers of footwear from Malaysia through tabulated data.
2009 Country Singapore Italy United Kingdom Germany Thailand United Arab Emirates Brazil Mexico Indonesia Arab Saudi 24.5 17.9 11.6 11.4 5.7 5.0 4.3 4.0 3.4 2.7
2010 24.9 1.6 12.6 5.9 5.2 5.1 16.2 7.5 4.2 2.7
2011 23.9 0.4 11.9 4.8 6.1 5.3 12.0 11.6 6.4 3.1
Table 5.1.2 (d): Market Share of Major Importers of Footwear to Malaysia Jelly Bunnys footwear are imported from Thailand; the 5th major importers of footwear to Malaysia and on the 8th major suppliers of footwear to Malaysia. Therefore there is quite a large import of Thailands footwear to Malaysia.
33
Jelly Bunny
34
Jelly Bunny
The locations for Jelly Bunnys concept store however is very appropriate for footwear retail since the places are known as giant shopping centers (Mid Valley, 1 Utama, Sunway Pyramid) and is frequently visited. However competition is a bit intense in 1 Utama since both Jelly Bunny and Melissa Shoes are available at the same shopping complex. But, Melissa Shoes only have two outlets in Malaysia, while Jelly Bunny has 6 and Monobo still didnt have any physical concept store and only relying on online purchasing through their Facebook page. Juju can only be purchased through TOPSHOPs branches in Malaysia.
35
Jelly Bunny
Melissa came about in the late 1970s in Brazil with over thirty years of history since its first inspired simple plastic shoe by fishermen in the south of France. This simple inspiration was then absorbed and carved with creativity leading them to the forefront of design and development of jelly shoe technology. Melissa is a pioneer and trend setter in the world of plastic shoes. Melissa has been working hard to design eco-friendly fashion footwear. They have achieved beauty through their design; shoes are made from eco-friendly mono materials that can be easily disassembled and recycled, as well as being completely cruelty-free with no animal products. Production is 100% efficient, with 100%-of-materials-used and no excess waste. Melissa boasts a lineup of known and famous designers such as Vivienne Westwood, Karl Lagerfeld, Jean Paul Gartier, and others. Theres only two concept store of Melissa available in Malaysia as of now, that are at One Utama and The Gardens under the names of MDreams. Melissa is also available for online shopping at Zalora Malaysias website and has a stockist at Bangsar called Shoeville. The brand has outlets across the world; Australia, US, UK, Singapore, Philippines, Brazil, Malaysia and others. Founded: Headquarters: Genre: Year of established: Strength: 1979 Australia Jelly Footwear Retail 1980 (The birth of Melissa x Designer) Boasts a lineup of high fashion and well-known couture designers and have variety multitude of designs. Weakness: The price is way too expensive.
36
Jelly Bunny
6.1.2 JuJu
Juju started life in 1986 as injection moulders to the shoe trade in the UK. A family run business founded by Rushton Schafer (Ruston Ablett Ltd) and based here in Northampton "the shoe capital of Britain", they pioneered the production of the original injection sandals. These were soon nicknamed "jelly shoes" due to their soft jellylike finish and soon became a fashion and seaside favourite. Juju Shoes are all about style, versatility and colour, they create classic designs and rerelease them with a contemporary twist and are always producing new fun and functional welly (wellington boots) and jelly designs. Juju does not rely on physical concept store but uses stockist instead. Jujus products could be found in the outlets of ASOS, TOPSHOP, Urban Outfitters, American Apparel, Debenhams, OFFICE, Footasylum, Nasty Gal, Dolls Kill, ModCloth, BANK, Zalando, River Island, Mr. Shoes and Lipsy London across the world.
1986 Northampton, UK Jelly Footwear Retail 1986 Very trendy and up-to-date designs and the top choice for street fashion lovers and hipster fashionistas.
Weakness:
A bit hard to get since only TOPSHOP & Debenhams are available in Malaysia
37
Jelly Bunny
6.1.3 Monobo
Monobo is a brand that originates from Thailand and is established on 2009. Monobo shoes are environmental friendly shoes from Thailand. These jelly shoes are stylish and it offers a range of designs and pop of colors to choose from to fit your very own style. Monobo has branches out in different countries such as Malaysia, Philippines, Singapore, UK and Australia but they do not set up a physical concept store but relies heavily on online purchasing and stockist. Despite being large enough to be imported internationally, there are only few details known about Monobo eventhough there are websites for every country except Malaysia & Singapore. Founded: Headquarters: Genre: Year of established: Strength: Weakness: 2009 Thailand Jelly Footwear Retail 2009 Affordable and it looks casual and comfortable. No physical concept store, relies only on online purchasing and very little stockist.
38
Jelly Bunny
Crocs, Inc. is a shoe manufacturer founded by three friends -- Scott Seamans, Lyndon "Duke" Hanson, and George Boedecker, Jr. - to produce and distribute a foam, clog design acquired from a Quebec company called Foam Creations. The shoe had originally been developed as a spa shoe. The first model produced by Crocs, the Beach, was unveiled in 2002 at the Ft. Lauderdale Boat Show in Florida, and sold out the 200 pairs produced at that time. Born in Boulder, Colorado back in 2002 as a simple, comfortable boat shoe, today Crocs footwear can be found across the globe and in more than 120 styles for men, women and children. With distinct collections, Crocs offers colorful, lightweight comfort for any occasion and every season. All Crocs shoes are uniquely designed and manufactured using the company's proprietary closed-cell resin, Croslite, a technology that gives each pair of shoes the soft, comfortable, lightweight, non-marking and odor-resistant qualities that Crocs wearers know and love. Crocs footwear is ideal for casual wear, as well as for professional use and recreational activities. Founded: Headquarters: Genre: No. of store (s): Strength: Weakness: 2002 Colorado, USA Plastic Footwear Retail 30 in Malaysia Comfortable and use high quality product Expensive and looks tacky
39
Jelly Bunny
6.2.2 SUPRA
Founded in 2006, SUPRA has quickly emerged as one of the leading independent footwear brands globally. SUPRA is recognized around the world for its groundbreaking silhouettes, unique combination of materials and dynamic color stories. Originally born from Southern California skateboard culture, SUPRA has been able to remain firmly committed to its roots while simultaneously branching out to offer compelling and functional products to a much broader international audience. SUPRA once used to be a huge trend when mega popstar, Justin Bieber was seen repeatedly wearing the shoes brand a few years back. Founded: Headquarters: Genre: No. of store (s): Strength: 2006 California, USA Skateboard Culture Footwear Retail 8 in Malaysia Vivid dynamic bright colours for the shoe designs attracts attention easily Weakness: Out of trend only after a few years hitting it big
40
Jelly Bunny
Charles & Keith, the eponymous fashionable shoe brand from Singapore was launched in 1996 and since then captured the interest of industry insiders and the admiration of the fashion-conscious alike. Triumphing with its remarkable high street fashion shoes and accessories, Charles & Keith has won the hearts of many, placing itself as one of the most marketable fashion footwear brand in today's international scene. Dedicated to trendy shoppers, Charles & Keith develops a distinctive line of fashion forward designs that cater to market sentiments in fast velocity. Attention to product design and fashion trends is the driving aesthetic force of Charles & Keith as the brand continues to provide shoppers with a plethora of stylish footwear and accessories to complement and complete their wardrobe. From its humble beginnings in 1996 at a 500 square feet store in Amara Shopping Centre Singapore, Charles & Keith has made significant growth, and to date, covers countries including Armenia, Azerbaijan, Bahrain, Brunei, China, Cyprus, Egypt, Estonia, Georgia, India, Indonesia, Iran, Japan, Jordan, Kingdom of Saudi Arabia, Kazakhstan, Kuwait, Latvia, Lebanon, Malaysia, Myanmar, Oman, Pakistan, Philippines, Qatar, Singapore, South Africa, South Korea, Sri Lanka, Thailand, Turkey, United Arab Emirates and Vietnam. Founded: Headquarters: Genre: No. of store (s): Strength: Weakness: 1996 Singapore Handbags & Footwear Retail 15 in Malaysia Feminine yet edgy and trendy designs People assume that the price is expensive eventhough its affordable
41
Jelly Bunny
7.2 Weakness
Some people liken jelly shoes to Crocs because both are using PVC as main material therefore jelly shoes could look a bit tacky to some people. The prices for the bags are a bit expensive. The public dont know that jelly shoes are the trend nowadays. The website does not have an ecommerce platform for online shoppers to buy their collection. The shoes might not suit a high class event since its so casual. Very little choices of neutral earthy colours. JASPAL didnt promote it as a part of their sister brand.
7.3 Opportunity
The up-to-date designs could attract a lot of youngsters who wants to wear something comfy but stylish. The customers could buy more than one shoes in one go because of the affordable price. Not much of direct competitors around. The wearer could run around while wearing the shoes and not fear of the shoes slipping out.
7.4 Threat
Trends are changing fast every season so it probably hard for the designers to keep up. The chances are pretty much 50 50 between Melissa and Jelly Bunny since they share the same physical stores location. Will get tattered fast because the owner will take less care of jelly shoes because it could be worn on uneven surface and
42
Jelly Bunny
bad weathers. Some people prefers dark and earthy colour and would not like the colourful image that Jelly Bunny is known for. People might be skeptical when knowing it is made in Thailand because theres an assumption that all Thailand products are of low quality.
Attract people to have a look at the products since the products colours are so eyecatching.
People will have more trust in Jelly Bunny if they knew that it is a part of a more known established brand.
43
Jelly Bunny
8.1.2 Psychographics
Perception : Recognize Jelly Bunny as young, trendy and colourful shoes brand that emphasize on the comfort level while going shopping with friends and family and comes at an affordable price. Learning : Internet (mostly blogs & Instagram), peers, family, magazine
Motivation & Needs : Essential footwear and handbags that is fashionable and trendy but still comfortable. Attitude & Personality: Outgoing, active, trendy, always-on-the-go, bubbly, enjoys life Lifestyle : Social, stylish, uncontrolled
44
Jelly Bunny
8.2.2 Psychographics
Perception : Recognize Jelly Bunny as chic, stylish and colourful shoes brand that emphasizes on the comfort level while wearing jelly footwear with highest quality material at an affordable price. Learning : Internet, co-workers, peers, family
Motivation & Needs : Essential footwear and handbags that is chic and stylish but still comfortable. Attitude & Personality: Outgoing, active, stylish, always-on-the-go, up-to-date to fashion trends.
45
Jelly Bunny
Figure 9.1 (a): Jelly Bunnys Concept Store, Mid Valley Megamall
46
Jelly Bunny
Figure 9.1 (b): The layout and arrangement of the products in the concept store (Mid Valley)
47
Jelly Bunny
48
Jelly Bunny
Figure 9.1 (c): The concept store and layout of One Utamas Jelly Bunny
49
Jelly Bunny
Question 2
Question 3
50
Jelly Bunny
Question 4
Question 5
Question 6
Question 7
51
Jelly Bunny
Question 8
Question 9
Question 10
52
Jelly Bunny
Question 11
Question 12
Question 13
Question 14
53
Jelly Bunny
Question 15
Question 16
Question 17
Question 18
54
Jelly Bunny
9.4 Interview
An e-mail exchange regarding the information needed for this situation analysis was held on 1st July 2013 with Ms. Katharina Boehmer, an International Business Development Manager at Injected Republic (Thailand) the company that introduces Jelly Bunny.
Dear Ms/Mdm Katharina, I'm a final year student of Advertising Design at Multimedia University, Malaysia. I would like to get more information about Jelly Bunny as I had chosen the brand to be my topic in my final year project. I would be doing a TVC, a website and a 3D store concept during the course of my final project using Jelly Bunny as the topic. If possible, I would like to know more about the company specifically the concept, the company history (founder and board of directors), corporate vision, corporate mission, promotional strategy, product sales' history and media expenditure. Thank you for time. It would be a really great help to me if you could respond.
Dear Nurul, Your interest in our brand JELLY BUNNY is highly appreciated and will try to give you more clear information about our brand JELLY BUNNY by below. Jelly Bunny is a stylish shoes brand introduced by Injected Republic (Thailand) Co.,Ltd. in 2011. The brand is inspired from casual and comfortable way of shoe ware. Jelly Bunny shoes are designed for the fashionista female aged between 16-28 years old. Each jelly design is unique with vanilla aroma where JELLY BUNNY has become famed for. ** Cute brand with wow-effect **
55
Jelly Bunny
Furthermore, pls find more clear information about our brand JELLY BUNNY by questions & answers below. 1. Your average retail price in Thailand and in Malaysia with entry and exit price points this is very important as many copies of your product are available in the market at very low prices, however, they are not being sold in an organized format. Pls kindly note that our average retail price in Thailand is 499 - 599 Thai baht, while in Malaysia is MYR 59 - 69/pr ( around 18 - 22 US$) Retail price ranking is 299 - 899 thai baht - pls kindly find attached Retail price structure of both countries for your ref. and this will be adjustable for every international market. 2. Your franchise/distribution model, in terms of, pricing policy, merchandise supply model, terms with partners, is it royalty based or cost plus (where your profits are built into the FOB price), market entry fee (if any), other conditions and terms. Pls note that we will be the principal for traditional franchise concept. Means that we will do the design & planning, as well as we will be the one who approve the locations you want to go with. Expenses of 3D conceptual drawing/planning and fixtures/furniture will be normally at your side, but we are open to discuss this point again. Interior Design (3D, CAD, Tender Drawing & Material board) will be normally US$ 2,000 per shop, while shop expenses (depends on your Constructor) will be around US$ 1,000/sqm. Suitable standard size for stand-alone stores is 50 - 70sqm which can fit 150 - 200 SKU's + stock room for another 3,000prs. For Financial aspects, pricing policy is normally 45% off from Retail price, but we suggest selling FOB or EXW to you from where you can add up your profit. No royalty based and no entry fee. 3. Do you also do shop-in-shop / concession model in addition to stand alone stores ? We have shop-in-shop / consignment model with Dept. Stores in Thailand (Robinson, Siam Paragon, Airport Don Mueng) - pls find attached some more pictures for your ref. 4. How is buying done ? Buying is done by regular basis by season and delivery can be done 30 - 45days after order receiving. We have 4 seasons per year (Spring - Summer - Fall - Winter) by adding 40 50 SKUs for shoes and 20 30 SKUs for other Accessories like bags, mobile phone case etc. = 100 new SKU per season.
56
Jelly Bunny
5. Do you enter into JV (joint venture) with international partners ? At this moment we dont have JV policy, but we give full support for our franchisee. 6. Cost of shopfit and if you supply any shopfit FOC Depending on your commitment & business plan which can be further discussed if you have interest in our brand. 7. Marketing support You will get all necessary marketing tools from our side like Poster, Price Signage, Window Display, Paper Shopping Bag etc. we may able to allocate some percentage of business buying or can discuss also some kick-back from yearly budget. You can have also a look at our website, as well as MyJellyBunny on Facebook. Furthermore, if you need more information, you may contact our GM at Malaysian office = Ms.Annie Wang Annie_wang@jpsfashions.com
Thanks & Best Regards, Katharina
Intl. Business Development Manager
Injected Company Limited (Jelly Bunny) 1048 Soi66/1 Sukhumvit Rd. Bangchak, Prakanong Bangkok 10260, Thailand Phone: +66 2-7448612 #110 Mobile: +66 80-0809021
www.jellybunny.com
57
Jelly Bunny
Figure 10.1.2: The only page of the website all of it are cluttered on the same page
58
Jelly Bunny
59
Jelly Bunny
60
Jelly Bunny
10.1.5 Editorial
61
Jelly Bunny
62
Jelly Bunny
63
Jelly Bunny
Figure 10.2.1: Scenes from the video promotion for Jelly Bunny
64
Jelly Bunny
65
Jelly Bunny
CHAPTER 11 | REFERENCES
Jelly Bunny http://www.jellybunny.com/ https://www.facebook.com/jellybunnyshoes JASPAL Group http://www.jaspalgroup.com/about.php http://2bangkok.com/2bangkok-news-9576.html http://www.nationmultimedia.com/2007/08/09/business/business_30044294.php http://www.fibre2fashion.com/news/textile-news/philippines/newsdetails.aspx?news_id=79787 http://www.mirandah.com/en/categories/item/318-thailand-enforces-its-marks.html http://www.tilleke.com/sites/default/files/informed_counsel_vol1_no3_p6-7.pdf Footwear Industy http://www.ice.gov.it/paesi/asia/malaysia/upload/173/Overview%20Of%20Malaysian%20Footwear %20Industry%20%28September%202012%29.pdf http://www.ice.gov.it/paesi/asia/malaysia/upload/173/Overview%20Of%20Malaysian%20Footwear %20Industry%20_November%202011_.pdf http://www.worldfootwear.com/pag.asp?idp=NA==&id=MTM0 http://www.theepochtimes.com/n3/4082-malaysia-s-footwear-tourism-industry-celebrated/ Melissa http://wikifashion.com/wiki/Melissa_Shoes http://www.melissaaustralia.com.au/ http://shopmelissa.com/
66
Jelly Bunny
JuJu http://www.jujushoes.co.uk/aboutjuju.aspx http://my.topshop.com/webapp/wcs/stores/servlet/CatalogNavigationSearchResultCmd?langId=1&storeId=13088&catalogId=35113&beginIndex=1&viewAllFlag=false&searchTermScope=3&search TermOperator=LIKE&searchType=ALL&sort_field=Relevance&searchTerm=juju&x=22&y=9 Monobo http://monobofootwear.com/ http://www.monobologo.com/home.php https://www.facebook.com/MonoboShoesMalaysia Crocs http://www.crocs.com.my/about_crocs.php SUPRA https://www.facebook.com/supramalaysia/info http://wlkn.ca/en/brand/embed/Supra/ Charles & Keith http://www.charleskeith.com/INTLStore/CK/storelocator?dest=MYS http://www.charleskeith.com/CK/about%20us
67
Jelly Bunny
CHAPTER 12 | APPENDICES
68
Jelly Bunny
69
Jelly Bunny
70
Jelly Bunny
71
Jelly Bunny
72
Jelly Bunny