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Project Document e Commerce Business Plan
Project Document e Commerce Business Plan
School of Business
Submitted by:
Jeronimo Posada
Santiago Diaz
Simon Peña
Miguel Calderon
David Sanchez
Course:
Electronic Business
Professor:
Andres Machado Hurtado
Submission Date:
12/may/2024
Location:
Medellin, Colombia
Project document e commerce business plan
Executive summary:
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Market Analysis:
Market Trends:
- Shift towards sustainable and ethical fashion choices.
- Increased preference for online shopping and convenience.
- Growing demand for versatile and timeless clothing pieces.
- Rise of influencer marketing and social media as key drivers of consumer purchasing
decisions.
Competitive Analysis:
- Identification of key competitors in the sustainable fashion space.
- Assessment of competitor strengths, weaknesses, opportunities, and threats.
- Differentiation strategy focused on eco-friendly materials, ethical production, and timeless
designs.
SWOT Analysis:
- Strengths: Strong brand identity, commitment to sustainability, innovative product
offerings.
- Weaknesses: Limited brand awareness, higher production costs associated with
sustainable practices.
- Opportunities: Growing market for sustainable fashion, expansion into new geographical
markets, strategic partnerships.
- Threats: Intense competition from established brands, fluctuations in raw material prices,
evolving consumer preferences.
- Casual Wear: Comfortable and stylish options for everyday wear, including t-shirts, jeans,
and hoodies.
- Activewear: Performance-driven apparel for fitness enthusiasts, including leggings, sports
bras, and moisture-wicking tops.
- Formal Attire: Sophisticated and timeless pieces for special occasions, including suits,
dresses, and blouses.
- Accessories: Complementary accessories to complete any outfit, including bags, scarves,
and hats.
Each garment is crafted with care and attention to detail, using sustainable materials such as
organic cotton, recycled polyester, and bamboo fibers. Our products are designed to be
durable, versatile, and environmentally friendly, reflecting our commitment to sustainability
and ethical production practices.
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Man Made will employ a multi-channel marketing strategy to reach its target audience and
drive sales. Key elements of the marketing and sales strategy include:
Digital Marketing:
- Utilize social media platforms (e.g., Instagram, Facebook, Pinterest) to showcase
products, engage with customers, and build brand awareness.
- Implement influencer partnerships and collaborations to expand reach and credibility
within the fashion community.
- Launch targeted email marketing campaigns to promote new product launches, sales
events, and special promotions.
E-Commerce Website:
- Optimize the e-commerce website for search engines to improve visibility and attract
organic traffic.
- Enhance the user experience with intuitive navigation, high-quality product images, and
detailed product descriptions.
- Offer secure payment options, fast shipping, and hassle-free returns to provide a
seamless shopping experience for customers.
Sales Channels:
- have ecommerce platform for easier functionality on out sales.
- Explore opportunities for brick-and-mortar retail partnerships to expand distribution and
reach customers who prefer in-person shopping experiences.
Pricing Strategy:
- Set competitive pricing that reflects the value proposition of sustainable, high-quality
clothing.
- Offer seasonal promotions, discounts, and loyalty rewards to incentivize repeat
purchases and drive customer loyalty.
Man Made will prioritize operational efficiency and excellence to deliver exceptional
products and services to customers. Key aspects of operations and management include:
E-Commerce Platform:
- Select a reliable e-commerce platform that meets the needs of the business in terms of
scalability, customization, and integration with third-party tools and services.
- Invest in robust website hosting, security measures, and backup systems to ensure the
smooth functioning of the e-commerce website.
Customer Service:
- Prioritize customer satisfaction by providing responsive and helpful customer service
through multiple channels, including email, live chat, and phone support.
- Train customer service representatives to address customer inquiries, resolve issues, and
provide personalized assistance as needed.
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Man Made emerges as an innovative and sustainable player in the expanding fashion
market, where the demand for ethical and eco-conscious practices is on the rise. By
focusing on eco-friendly materials and ethical production processes, the brand not only
aligns with current trends but also strategically positions itself to capitalize on the shift in
consumer preferences towards more conscious and responsible choices. The multi-
channel marketing and sales strategy, coupled with a robust e-commerce platform,
positions Man Made to effectively reach its target audience and grow its market share.
This plan demonstrates Man Mades's potential to become a leader in sustainable fashion,
offering products that are both stylish and aligned with the values of today's eco-aware
consumers. With a strong commitment to innovation, quality, and customer satisfaction,
Man Made is poised for success in the competitive fashion industry.