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Introduction:
The solution is divided into two parts the first part consists of the insights which we get
from the data given in the excel sheet and the second part consists of the market
intelligence which we get by doing secondary research. The competitors considered for
analysis purpose were Myntra (holding 70% of market share in online fashion industry),
Jabong and Fashion & You (FAY).
2.
Data Insights:
After doing analysis on the data some of the trends were observed. The figure give below
best describes the customer preferences:
Key Insights:
Sleepwear And Lingerie stands the most preferred category, nearly 51% of the
respectively
Footwear stands out to be the least preferred product category
Top 3 best-selling combination after doing correlation analysis in excel:
Indian combo (Kurtas & Ethnic wear, Sleepwear & Lingerie, Saree) (Target
audience: 81.134%)
Western combo (Dresses & Skirts, Sleepwear & Lingerie, cosmetics)
(Target audience: 72.40%)
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Ashutosh M Belulkar
audience: 55.49%)
3.
- Excel Sheet
Market Intelligence:
According to the secondary research Jabong, Myntra and Fashion & You have a tendency to
offer sales during festival seasons like Diwali, New Year, Christmas, Holi, Rakshabandhan,
Republic day, Independence day, etc. Given below are the data from some of the sales
offered by competitors:
Jabong
Myntra
Dates
Occasion
Dates
Occasion
Dates
Occasion
End of reason
Independence
2016
8th-18th January
Christmas
After New Year
2016
13th -15th Aug
Independence
Sale
Dusherra
2016
15th-25th April
Easter Sale
2016
2nd - 6th Oct 2016
Sale
Dusherra
2016
14th Feb 2016
Valentines day
2016
24th March 2016
Holi
Stock
Diwali Sale
2015
22nd Oct 2015
clearance
Dusherra
2015
Republic day
End of reason
Valentines day
Grand Fashion
2015
8th March 2015
Sale
Post-Holi
Holi
End of season
Diwali + Dusherra
2015
4. Sales planning:
Sale
No.
Dates
Categories to focus
day
Sale 1 (Holi)
Sale 2
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Min- Max
Discounts
s
4
22nd 25th
50% -60%
March
14th Aug 17th
Jewelry
Sleepwear & Lingerie, Dresses &
30% - 40%
Ashutosh M Belulkar
(Independence Day
Aug
+ Raksha bandhan)
Sale 3 (Christmas)
22
nd
th
25 Dec
material, Cosmetics
Sleepwear & Lingerie, Dresses &
50% - 80%
40% - 50%
Jewelry
As most of the sales happen in the festival season in India the major sales should be
aligned for volumes of sale, also Diwali is the season when everyone wants to shop for
clothes focus should be on Indian wear and during Christmas the focus should be on
selling western wear as western clothes are purchased during that time.
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