PREFACE
PREFACE
Prep
Preparin
aring
g a
a proj
project
ect of
of this
this natu
nature
re is
is an
an ardu
arduous
ous task
task and
and I
I
wa
was
s fo
fort
rtun
unat
ate
e en
enou
ough
gh to
to ge
get
t su
supp
ppor
ort
t fr
from
om a
a la
larg
rge
e n
num
umbe
ber
r o
o
perso
persons.
ns. I
I wish
wish to
to exp
express
ress my
my dee
deep
p sens
sense
e of
of grat
gratitud
itude
e to
to all
all tho
those
se
who generously helped in successful completion of this report by
who generously helped in successful completion of this report by
shar
sharing th
ing their in
eir invalu
valuabl
able tim
e time an
e and kn
d knowle
owledge
dge..
It
It is
is my proud and
my proud and prev
previled
iledge
ge to
to exp
express my
ress my dee
deep
p rega
regards
rds to
to
Resp
Respecte
ected
d
HO
HOD
D
Dr.Pra Dr.Pramesh mesh GautaGautam,m,Hea
Head
d
of
of
Dep
Departm
artmentD
entDepa
epartme
rtment
nt of
of Busi
Business
ness Man
Manage
agemen
ment
t ,,
SWAM SWAMI I VIVEKANAND INSTITUTE OF TECHNOLOGY, SAGARVIVEKANAND INSTITUTE OF TECHNOLOGY, SAGAR
for
for
allowing me to undertake this project.
allowing me to undertake this project.
I
I feel
feel extr
extreme
emely
ly exh
exhilara
ilarated
ted to
to hav
have
e com
complet
pleted
ed this
this proj
project
ect
under the able and inspiring guidance of
under the able and inspiring guidance of
she re
she rende
ndered m
red me all po
e all possibl
ssible help m
e help me gui
e guidanc
dance whil
e while revi
e reviewin
ewing the
g the
manusc
manuscript in
ript in finalising the report.
finalising the report.
I
I also
also exte
extend
nd my
my dee
deep
p rega
regards
rds to
to my
my teac
teachers
hers ,
, fam
family
ily
members , friends and all those whose encouragement has infused
members , friends and all those whose encouragement has infused
courage in me to complete to work successfully.
courage in me to complete to work successfully.
SANJAY YADA SANJAY YADAV V B.B.A. IV SEM. B.B.A. IV SEM.
ACKNOWLEDGEMENT
ACKNOWLEDGEMENT
Preparin
Preparing a g a project of this project of this nature is nature is an arduous task an arduous task and I and I was fortunatewas fortunate enough to get support from a large number o persons. I
enough to get support from a large number o persons. I wish to express my deepwish to express my deep sense of gratit
sense of gratitude to all those who generousude to all those who generously helped in successfly helped in successful completioul completion of n of this report by sharing their invaluable time and knowledge.
this report by sharing their invaluable time and knowledge. It
It is my is my proud and proud and previledgpreviledge to e to express my express my deep regards to deep regards to RespecteRespected d ,, Head
Head of of DepartmDepartment ent
Dr.Pr
Dr.Prames
amesh
h Gaut
Gautam,
am,
DepDepartartmenment t of of BusiBusinesnesss ManageManagement ment ,, SWSWAMAMI I VIVVIVEKEKANAANAND ND ININSTISTITUTTUTE E OF OF TECTECHNHNOLOOLOGY GY SAGA
SAGARR for allowing me to undertake this project.for allowing me to undertake this project. I
I feel extremely exhilarated to feel extremely exhilarated to have completed this have completed this project under the project under the ableable and
and inspiring inspiring guidance guidance of of He rendered He rendered me me all all possiblepossible help me guidance while reviewing the manuscript in finalising the report.
help me guidance while reviewing the manuscript in finalising the report. I
I also also extend my extend my deep deep regards regards to to my my teacherteachers s , , family members family members , , friendsfriends and all those whose encouragement has infused courage in me to complete to and all those whose encouragement has infused courage in me to complete to work successfully. work successfully. SANJAY YADA SANJAY YADAV V B.B.A. IV SEM. B.B.A. IV SEM.
DELCLARATION BY THE CANDIDATE
DELCLARATION BY THE CANDIDATE
Date : Date :
I declare that the project report titled
I declare that the project report titled " A STUDY ON MARKET SHARE OF " A STUDY ON MARKET SHARE OF WOOD LAND "
WOOD LAND " on Market Segmentation is nay own work conducted under the supervision of on Market Segmentation is nay own work conducted under the supervision of Departme
Department nt of of Business Business ManagemManagement ent ,, SWA SWAMI MI VIVEVIVEKANAKANAND ND INSINSTITUTITUTE TE OF OF TECHNOLOGY SAGAR
TECHNOLOGY SAGAR To the best of my knowledge the report does not contain anyTo the best of my knowledge the report does not contain any work , which has been submitted for the award of any degree , anywhere.
work , which has been submitted for the award of any degree , anywhere.
SANJAY YADA SANJAY YADAV V B.B.A. IV SEM. B.B.A. IV SEM.
CERTIFICATE
CERTIFICATE
The project report titled
The project report titled " A STUDY ON MARKET SHARE OF " A STUDY ON MARKET SHARE OF WOOD LAND "
WOOD LAND " been prepared bybeen prepared by SAN SANJAY JAY YADYADAV AV BBA BBA IV IV Semes Semester ter ,, under the guidance and supervision of
under the guidance and supervision of for the pa for the partial rtial fulfillme
fulfillment of nt of the Dethe Degree of gree of B.B.A.B.B.A.
Signature of the
Signature of the Signature of the Signature of the Signature of theSignature of the Superv
Supervisor isor Head of the DeHead of the Departmentpartment Examiner Examiner
((AA)) PPrreeffaaccee
((BB)) AcAckknnoowwllededggeemmeenntt ((CC)) DDeeccllaarraattiioonn
((DD)) CCeerrttiiffiiccaattee
S
S..NNoo.. TTiittllee PPaaggee NNoo.. CHAPTER -1 CHAPTER -1 • • INTRODUCTIONINTRODUCTION • • HISTORYHISTORY CHAPTER -2 CHAPTER -2 •
• RESEARCH METHODOLOGYRESEARCH METHODOLOGY
CHAPTER -3 CHAPTER -3
•
• OBJECTIVEOBJECTIVE
CHAPTER -4 Market Share CHAPTER -4 Market Share
•
• TECHNOLOGY USEDTECHNOLOGY USED •
• INTERNATIONAL INTERNATIONAL PERFORMANCPERFORMANCE E OF THEOF THE PRODUCT
PRODUCT •
• FUTURE PLAN OF THE COMPANYFUTURE PLAN OF THE COMPANY •
• FEATUREFEATURES S OF THE PRODUCTOF THE PRODUCT •
• TYPES AND PRICE OF THE PRODUCTTYPES AND PRICE OF THE PRODUCT •
• SERVICES PROVIDED TO THE SERVICES PROVIDED TO THE CUSTOMECUSTOMERSRS
CHAPTER -5 CHAPTER -5
•
• DATA ANALYSIS AND INTERPRETATIONDATA ANALYSIS AND INTERPRETATION
CHAPTER -6 CHAPTER -6 • • SUGGESTIONSUGGESTION CHAPTER -7 CHAPTER -7 •
• SWOT ANALYSISSWOT ANALYSIS
CHAPTER -8 CHAPTER -8 • • LIMITATIONLIMITATION CHAPTER -9 CHAPTER -9 • • FINDINGSFINDINGS CHAPTER -10 CHAPTER -10 • • CONCLUSIONCONCLUSION REFE
REFERENCRENCE E
• • BIBLIOGRAPHYBIBLIOGRAPHY • • QUESTIONNARIESQUESTIONNARIES INTRODUCTION INTRODUCTION
Indian shoe market is one of the most dynamic markets in the world. Indian shoe market is one of the most dynamic markets in the world. Although there are different valuations about the Indian Shoe Market. Although there are different valuations about the Indian Shoe Market. It is estimated to be worth around Rs 11000 crores. The market is It is estimated to be worth around Rs 11000 crores. The market is traditionally price driven and dominated by the unorganized sector.
traditionally price driven and dominated by the unorganized sector.
W
Whhaat t ddooees s wwooooddllaannd d ssttaanndds s ffoorr?? The answer is simple the spirit of adventure, of course. The advertising The answer is simple the spirit of adventure, of course. The advertising
has been created specifically to communicate this spirit to everyone. has been created specifically to communicate this spirit to everyone. An
And d to to encencouourarage ge ththem em to to kekeep ep exexplplororining g and and keekeep p disdiscocoveveriringng.. Woodland not only believes in making the best quality products but Woodland not only believes in making the best quality products but also creating outstanding communication ideas. It’s no wonder then also creating outstanding communication ideas. It’s no wonder then that Woodland advertisement have been widely recognized in India a that Woodland advertisement have been widely recognized in India andnd abroad. Woodland is an Indian Brand and they have done it with Indian abroad. Woodland is an Indian Brand and they have done it with Indian Footwear. In a market dominated by sports and leather shoes Woodland Footwear. In a market dominated by sports and leather shoes Woodland created a category for itself. Woodland never wanted to be an ordinary created a category for itself. Woodland never wanted to be an ordinary shoe so till now this brand is concentrating on the premium end (above shoe so till now this brand is concentrating on the premium end (above Rs 1500 shoes) of 2000 crore casual shoe segment. Woodland targets Rs 1500 shoes) of 2000 crore casual shoe segment. Woodland targets the up market segment and is positioning itself as a rugged high quality the up market segment and is positioning itself as a rugged high quality premi
premium casuaum casual shoe. It can be called as SUV of Inl shoe. It can be called as SUV of Indian shoedian shoes. The adss. The ads are catchy and tempting.
are catchy and tempting.
The logo of Woodland was a status symbol during the nineties. The The logo of Woodland was a status symbol during the nineties. The brand is excellent in quality and styling. The brand carefu
brand is excellent in quality and styling. The brand carefully presentlly presenteded it
itsesellf f as as an an ououtdtdooor or trtrekekkiking ng kikind nd oof f shshooe e whwhicich h cacaptptuurered d ththee imagination of Indian youth True to its price, the brand delivered its imagination of Indian youth True to its price, the brand delivered its promi
promise on quse on quality whality which ensich ensured thured that the branat the brand is perced is perceived as a valived as a valueue for money brand. Woodland has extended itself to accessories and for money brand. Woodland has extended itself to accessories and apparels. Earlier Woodland tried its hand in the formal shoe category apparels. Earlier Woodland tried its hand in the formal shoe category with the brand Woods but it did not make much impact in that market. with the brand Woods but it did not make much impact in that market.
The careful branding has helped the brand to garner about 40% of The careful branding has helped the brand to garner about 40% of the premium casual shoe market. But this market is witnessing lots of the premium casual shoe market. But this market is witnessing lots of competition with global brands flexing its muscle in India.
competition with global brands flexing its muscle in India. Woodland isWoodland is a household brand with over 200 exclusive stores across the Indian a household brand with over 200 exclusive stores across the Indian
Sub-continent in addition to a distribution network covering over a Sub-continent in addition to a distribution network covering over a thousand stores across the country.
HISTORY OF THE COMPANY HISTORY OF THE COMPANY
1960:1960: Aero club started as a small manufacturing unit in Delhi.Aero club started as a small manufacturing unit in Delhi.
They were
They were among the among the first to export first to export shoes to the shoes to the U.S.S.R U.S.S.R
1962:1962: They ventured into retailing with an outlet at a primeThey ventured into retailing with an outlet at a prime
location in Delhi. location in Delhi.
1972:1972: They set up the first fully mechanized modern shoe factoryThey set up the first fully mechanized modern shoe factory
in India (with German Machinery) to augment existing capacities, in India (with German Machinery) to augment existing capacities, in view of the
in view of the growing export demand.growing export demand.
1992:1992: The Company launched Woodland brand and aThe Company launched Woodland brand and acquiredcquired
winter boot factory in Quebec, Canada to cater to the Canadian winter boot factory in Quebec, Canada to cater to the Canadian and U.S. Markets.
and U.S. Markets.
1994:1994: Commissioned manufacturing plant for Reebok for eCommissioned manufacturing plant for Reebok for exportxport
to U.S.A. to U.S.A.
1997:1997: Commissioned manufactuCommissioned manufacturing unit for apparels, adding ring unit for apparels, adding toto
the range of Woodland products. the range of Woodland products.
2002:2002: Woodland becomes a national leader in preWoodland becomes a national leader in premium categorymium category
shoes, apparels and a
shoes, apparels and accessories. Started sourcing operations fromccessories. Started sourcing operations from South East Asian Countries. Opened offices in China and Hong South East Asian Countries. Opened offices in China and Hong Kong, facilitating the heavy domestic demand for new products Kong, facilitating the heavy domestic demand for new products and development.
and development.
2007:2007: Total No. of Total No. of exclusive showrooms targeted to touch theexclusive showrooms targeted to touch the
two hundred mark. two hundred mark.
FEATURES OF THE PRODUCT FEATURES OF THE PRODUCT
Quality worth the money spent on :Quality worth the money spent on :
Price of woodland shoes starts
Price of woodland shoes starts from Rs 1000 onwards.from Rs 1000 onwards.
These shoes are very beautifully designed and fashionable. These shoes are very beautifully designed and fashionable. These shoes are available for around Rs 1450 and the
These shoes are available for around Rs 1450 and the purch
purchase is ase is worth worth of quaof quality.lity.
Very trendy and fashionabVery trendy and fashionable:le:
If you are ready to spend around Rs 2,000/- or above If you are ready to spend around Rs 2,000/- or above Woodland offers you a wide variety of
Woodland offers you a wide variety of trendy andtrendy and
fashionable shoes. You could be sure to acquire stone & fashionable shoes. You could be sure to acquire stone & pearl
pearl workeworked sand sandals dals best suibest suited tted to your o your occasioccasion aon and kidnd kid’s’s shoes are also available in different colures like red,
shoes are also available in different colures like red, velvety-brown, white, blue etc. but they are priced high. velvety-brown, white, blue etc. but they are priced high.
Long and durable:Long and durable:
Woodland shoes are really meant for longevity.
Woodland shoes are really meant for longevity. They areThey are classically manufactured for the toughest meanders. Due to classically manufactured for the toughest meanders. Due to its longevity and durability woodland shoes are preferred its longevity and durability woodland shoes are preferred by tho
by those whse who dono don’t bel’t believe ieve in frein frequent quent changichanging ong of shoesf shoes..
Woodland shoes also provide the customers with padded Woodland shoes also provide the customers with padded layers in the shoes in order to provide much more comfort layers in the shoes in order to provide much more comfort than other shoes.
than other shoes.
Fabric lined for soothing experience:Fabric lined for soothing experience:
In some of there models woodland shoes also provide fabric In some of there models woodland shoes also provide fabric linings for soothing experience to there customers. This is a linings for soothing experience to there customers. This is a unique feature of there shoes.
unique feature of there shoes.
Incredible range:Incredible range:
Woodland shoes also provide incredible range of Woodland shoes also provide incredible range of shoes to there customers so, that they can have shoes to there customers so, that they can have aa variety of choice.
TYPES AND PRICE OF THE PRODUCT TYPES AND PRICE OF THE PRODUCT
Formal shoes:-Formal
shoes:-Woodland has a wide variety of
Woodland has a wide variety of formal shoes starting fromformal shoes starting from Rs. 1445 onwards. These shoes are light in weight,
Rs. 1445 onwards. These shoes are light in weight, comfortable and attractive.
comfortable and attractive.
Price : 2495.00 Price : 2495.00
Casual shoes:-Casual
shoes:-Woodlands casual shoes are more in
Woodlands casual shoes are more in demand among thedemand among the youths. They provide good quality, comfort and class
youths. They provide good quality, comfort and classic look ic look to their customers. These shoes are available for Rs.1145 to their customers. These shoes are available for Rs.1145 onwards. Shoes are available in full size from 1 to 13. onwards. Shoes are available in full size from 1 to 13.
ShopID :2742
ShopID :2742
Rs.2395
Rs.2395
shoes:-These shoes are
These shoes are beautifully designed and they provide anklebeautifully designed and they provide ankle coverage, lightweight and durability to their cus
coverage, lightweight and durability to their customers.tomers. Shoes are available for Rs.1545 onwards.
Shoes are available for Rs.1545 onwards.
ShopID :7738
ShopID :7738
Rs.2795 Rs.2795 Velvette Velvetteshoes:-These shoes are more in demand by the ladies as these These shoes are more in demand by the ladies as these shoes are beautifully designed with Velcro closure and shoes are beautifully designed with Velcro closure and elastic back. These shoes are available for Rs. 1645 elastic back. These shoes are available for Rs. 1645 onwards.
onwards.
Price : 2850.00
Price : 2850.00
shoes:-Trekking shoes are the most known shoes in the market. Trekking shoes are the most known shoes in the market. These shoes have excellent foot grip. They also provide These shoes have excellent foot grip. They also provide good cushioning and deep treaded sole for all terrains, dust, good cushioning and deep treaded sole for all terrains, dust, mud, ice, water. These shoes are available for Rs
mud, ice, water. These shoes are available for Rs 15951595 onwards onwards
ShopID :3647
ShopID :3647
Rs.2695
Rs.2695
Narro Narrow edw edge shoge shoes:-
es:- Narro
Narrow edw edge shoge shoes ares are very e very in now in now days. days. These These are eaare easysy pointy
pointy shoes shoes made made out of out of swed swed leatherleather, whi, which loch looksoks accurate at normal distance. They are not as difficult to accurate at normal distance. They are not as difficult to walk in as it looks
walk in as it looks. These shoes are available for Rs. 1945. These shoes are available for Rs. 1945 onwards.
ShopID :7736
ShopID :7736
Rs.2795Rs.2795
Sandals:-
Sandals:-These sandals are stylish in de
These sandals are stylish in design with fantastic colourssign with fantastic colours option, well padded soles and great grip. The company uses option, well padded soles and great grip. The company uses smooth and exotic leather for making of this shoe. They are smooth and exotic leather for making of this shoe. They are available for Rs. 1495 onwards.
available for Rs. 1495 onwards.
ShopID :6667
ShopID :6667
Rs.2195
Baby shoes:-Baby
shoes:-Woodland also has a good variety of baby shoes. They Woodland also has a good variety of baby shoes. They provi
providede
Multi coloured kid’s shoes with attractive looks. These Multi coloured kid’s shoes with attractive looks. These shoes are very comfortable with a soft fabric lining sole. shoes are very comfortable with a soft fabric lining sole. These shoes are available for Rs. 995 onwards.
These shoes are available for Rs. 995 onwards.
RS: 1195.00 RS: 1195.00
FUTURE PLAN OF THE COMPANY FUTURE PLAN OF THE COMPANY
WOODLAND SPENDING BIG TO EXPAND IN INDIA WOODLAND SPENDING BIG TO EXPAND IN INDIA
They are planning to invest about Rs 10 crore (Rs 100 million) to set They are planning to invest about Rs 10 crore (Rs 100 million) to set upup
three new plants and to double there production capacity to 20000 three new plants and to double there production capacity to 20000 shoes per day in Uttaranchal to cater to the increased demand," shoes per day in Uttaranchal to cater to the increased demand," The company currently has a production capacity of
The company currently has a production capacity of 9000 pairs of 9000 pairs of shoes per day. The new units, likely to be ready by 2008-end, shoes per day. The new units, likely to be ready by 2008-end, would take its capacity to 10,000-12,000 pairs.
would take its capacity to 10,000-12,000 pairs.
"They are well-placed to achieve a turnover of Rs 200 crore (Rs 2 "They are well-placed to achieve a turnover of Rs 200 crore (Rs 2 billion
billion) in ) in the cuthe current rrent fiscal fiscal and aand are antire anticipatcipating ing a top a top line oline of Rsf Rs 350 crore (Rs 3.5 billion) in the next two years,"
350 crore (Rs 3.5 billion) in the next two years,"
The company plans to open 60 to 70 new retail stores by 2008 to The company plans to open 60 to 70 new retail stores by 2008 to
strengthen its presence in the country. The new stores would come strengthen its presence in the country. The new stores would come up in metros and Tier-I cities and would take the total number of up in metros and Tier-I cities and would take the total number of exclusive Woodland stores to 195.
exclusive Woodland stores to 195.
"About 50 per cent of the stores are owned by the company and 50 per "About 50 per cent of the stores are owned by the company and 50 per
cent are based on the franchise model. They would follow the cent are based on the franchise model. They would follow the same model for there new stores, where around 50 per cent of the same model for there new stores, where around 50 per cent of the stores would be owned by
The company is now planning to invest up to Rs 200 crore in the next The company is now planning to invest up to Rs 200 crore in the next
12 months on their expansion plans. 12 months on their expansion plans.
They are aiming to open 75 more stores in the country. The plan is They are aiming to open 75 more stores in the country. The plan is toto
also enhance the manufacturing capacity to cash in on the ongoing also enhance the manufacturing capacity to cash in on the ongoing retail boom.
retail boom.
They are also planning to import the latest technology in a big way to They are also planning to import the latest technology in a big way to
set up 100 percent robotics based automated plant. set up 100 percent robotics based automated plant. The company is also consi
The company is also considering strategic tie-ups and outsourcing work dering strategic tie-ups and outsourcing work to some partners in the southern states.
TECHNOLOGY USED TECHNOLOGY USED
The key raw material for shoes, leather, and a good part of The key raw material for shoes, leather, and a good part of Woodland’s soles are all made in-house.
Woodland’s soles are all made in-house.
Hand-picked Italian hides are tanned and finished on ItalianHand-picked Italian hides are tanned and finished on Italian machinery.
machinery.
It is specially imported to the Group’s own tanneries to allow it toIt is specially imported to the Group’s own tanneries to allow it to
produ
produce thce the same same proe productducts avails available able in the in the best debest design sign houseshouses across the globe.
across the globe.
The unique rugged, tough rubber soles are also produced usingThe unique rugged, tough rubber soles are also produced using German Technology at its own manufacturing facilities in India. German Technology at its own manufacturing facilities in India.
New p New projecrojects on ts on the anthe anvil invil includclude highe high-cla-class fooss footwear twear withwith
directly injected
directly injected dual density dual density soles with high-soles with high-tech machines tech machines andand robots from the Germany.
SERVICES PROVIDED TO THE CUSTOMERS SERVICES PROVIDED TO THE CUSTOMERS
Warranty Warranty
period:-The Showrooms also offer warranty for the footwear ranging The Showrooms also offer warranty for the footwear ranging from 6 months to almost 1 ½ years depending upon the shoes from 6 months to almost 1 ½ years depending upon the shoes price.
price.
After s
After sales seales servicervices:-
s:-Woodland showroom also provides their customers with a Woodland showroom also provides their customers with a
satisfactory after sales services. They give complementary gifts to satisfactory after sales services. They give complementary gifts to the customers on a specified purchase made by them. It includes the customers on a specified purchase made by them. It includes shoe polish, shoe shiner, belts and other
shoe polish, shoe shiner, belts and other accessories too.accessories too.
Specia
Special discl discounount offer:-t
offer:-Woodland generally provides special discount offers to the Woodland generally provides special discount offers to the
customers which mostly includes 12% discount on the purchase customers which mostly includes 12% discount on the purchase made. They also give discounts on special occasions such as made. They also give discounts on special occasions such as ganpati, diwali, dusshera.
ganpati, diwali, dusshera.
Shoe m
Shoe mela:-
ela:-Woodland also conducts shoe mela at various cities where they Woodland also conducts shoe mela at various cities where they sell there shoes at di
sell there shoes at discounted rate. They have conducted shoescounted rate. They have conducted shoe mela at Hyderabad, Chennai, Bangalore and many more.
Online Online
purchase:-Woodland also provides a very convenient facility of
Woodland also provides a very convenient facility of onlineonline purch
purchasing asing to theito their custr customeromers. Uns. Under tder this fahis facility cility customcustomers cers canan purch
purchase anase and pay d pay onlinonline throe through ugh interninternet.et.
INTERNATIONAL PERFORMANCE OF THE PRODUCT INTERNATIONAL PERFORMANCE OF THE PRODUCT
The desire to explore does not have any boundaries. Adventure does The desire to explore does not have any boundaries. Adventure does not come with any limits. Discovery does not have an end. These are as not come with any limits. Discovery does not have an end. These are as
vast as the greatness of the outdoors. And it is this belief that has been vast as the greatness of the outdoors. And it is this belief that has been continuously driving.
continuously driving.
Woodland forward in all its endeavors. It is this belief that has taken Woodland forward in all its endeavors. It is this belief that has taken Woodland beyond India’s borders and into the forefront of global Woodland beyond India’s borders and into the forefront of global outdoor products. And it is these beliefs that will help Woodland push outdoor products. And it is these beliefs that will help Woodland push the frontiers of the style and quality to bring you only the best. With a the frontiers of the style and quality to bring you only the best. With a number of showrooms already opened and opening in cities around the number of showrooms already opened and opening in cities around the world, Woodland is truly becoming a global b
world, Woodland is truly becoming a global brand.rand.
Now,
Now, withowithout ut losing losing focus focus on on its its Indian Indian customcustomer, er, the the compacompany ny hashas once again set its eyes back on the international market, this time once again set its eyes back on the international market, this time through its powerful retail brand – Woodland. In the very near future, through its powerful retail brand – Woodland. In the very near future, consumers around the world will be able to buy Woodland products consumers around the world will be able to buy Woodland products available in cities
available in cities beyond the Indian Sub-continent.beyond the Indian Sub-continent.
Following are the countries in which
Following are the countries in which woodland brand have establishedwoodland brand have established their
their
market:-
CanadaCanada
•
• Large winter boots factory in QuebecLarge winter boots factory in Quebec •
• Lasting / finishing in Quebec uses American lasts/ sole/ fitting – Lasting / finishing in Quebec uses American lasts/ sole/ fitting – marketing in Canada.
marketing in Canada. •
• Specialty in winter boots and Woodland type casual shoes.Specialty in winter boots and Woodland type casual shoes.
China & Hong KongChina & Hong Kong
Sourcing operations from South East Asia Sourcing operations from South East Asia
EuropeEurope
Servicing the German, French, Italian markets and prominent Servicing the German, French, Italian markets and prominent brand
brands and s and wholewholesalers salers by the by the exporexport wint wing of g of the grthe group.oup.
SWOT ANALYSIS SWOT ANALYSIS
STRENGTHS:-
The strength of the company’s production with in itsThe strength of the company’s production with in its captive facilities allows Woodland to produce
captive facilities allows Woodland to produce aesthetically designed, sturdy and durable shoes. aesthetically designed, sturdy and durable shoes.
WEAKNESSES:-
Woodland is certainly not for people who Woodland is certainly not for people who desire todesire to
keep on changing their footwear frequently having keep on changing their footwear frequently having been
been fed up fed up with with the sathe same deme design.sign.
The athletic and leather shoes do start getting dentedThe athletic and leather shoes do start getting dented
within a year. within a year.
The price offered by woodland shoes is quiteThe price offered by woodland shoes is quite expensive.
expensive.
As they are more into formal shoes so youngsters areAs they are more into formal shoes so youngsters are
less attracted. less attracted.
Woodland has limited number of outlets.Woodland has limited number of outlets.
LIMITATION LIMITATION
They can expand their market more by cThey can expand their market more by covering and focusing onovering and focusing on developing areas such as Navi Mumbai.
They also have a great scope to eThey also have a great scope to expand their market in sportsxpand their market in sports footwear.
footwear.
They can also target higher middle class people by launching newThey can also target higher middle class people by launching new range of shoes between Rs. 750 to Rs. 1000.
range of shoes between Rs. 750 to Rs. 1000.
As they mainly deal in leather shoes so, As they mainly deal in leather shoes so, they can also enter intothey can also enter into manufacturing of all seasons shoes especially water proof shoes. manufacturing of all seasons shoes especially water proof shoes.
They should increase the number of prThey should increase the number of production units to earn moreoduction units to earn more profit
profits.s.
THREATS:-
Woodland shoes face a big Woodland shoes face a big threat from organized asthreat from organized as well as unorganized sector.
well as unorganized sector.
In organized sector following are the brands:-In organized sector following are the
brands:-•
• MetroMetro •
• BataBata •
• Red tapeRed tape •
• LibertyLiberty •
• Lee cooper.Lee cooper.
In unorganized sector following are the brands:-In unorganized sector following are the
brands:-•
• TrekkingTrekking •
• Nicholas Nicholas
REPORT ON MARKET
A survey was conducted to find out the demand & supply A survey was conducted to find out the demand & supply analysis, production analysis & market share
analysis, production analysis & market share captured by woodlandcaptured by woodland shoes.
shoes.
CONDUCTED AREA: CONDUCTED AREA:
Mumbai
Mumbai : : Linking Linking Road Road and and Colaba.Colaba. Navi
Navi Mumbai Mumbai : : Belapur, Belapur, D.Y.Patil D.Y.Patil institute, institute, Vashi Vashi and and Panvel.Panvel.
S
Saammpplle e SSiizzee : 1: 15 5 RReettaaiilleerrss.. :
: 40 40 Customers.Customers.
The survey was conducted in a woodland outlets, small The survey was conducted in a woodland outlets, small retailers, big bazaar mall, students, relatives & amongst peer group. retailers, big bazaar mall, students, relatives & amongst peer group.
To conduct a s
To conduct a survey two questionnaires prepared byurvey two questionnaires prepared by group one for retailers & one for customers.
group one for retailers & one for customers.
The retailer’s questions are based on availability, The retailer’s questions are based on availability, durability, production, demand, supply, profits margin &their durability, production, demand, supply, profits margin &their suggestions regarding product.
suggestions regarding product.
The customer’s questions are based on availability, preferences, prices, The customer’s questions are based on availability, preferences, prices, variety, durability & their s
variety, durability & their suggestions regarding product.uggestions regarding product.
DATA ANALYSIS AND INTERPETATION
DATA ANALYSIS AND INTERPETATION
0 0 20 200 0 40 400 0 60 600 0 80 800 0 1000 1000 1200 1200 1 2 3 4 1 2 3 4 January January to March to March Oct to Dec Oct to Dec July to Sept July to Sept April to April to June June Demand Demand Supply Supply
The prices of the woodland shoes are high & it is
The prices of the woodland shoes are high & it is a luxuriousa luxurious produ
product so ct so the athe analysinalysis gougs gought fht from a rom a survey survey is it hais it has a seass a seasonalonal demand. So the supply from the company is more in the festival demand. So the supply from the company is more in the festival seasons.
seasons.
Deman
SALES GROWTH OF WOODLAND SHOES SALES GROWTH OF WOODLAND SHOES
Woodland is an Indian company and is
Woodland is an Indian company and is taking great efforts for taking great efforts for their sales by adopting technologies from various countries like Japan, their sales by adopting technologies from various countries like Japan, Europe, Germany.
Europe, Germany.
Following are the sales of woodland shoes from last five Following are the sales of woodland shoes from last five years which shows the same
RETAILERS SURVEY
RETAILERS SURVEY RESULTSRESULTS
The area selected for woodland shoes survey is Sagar . The The area selected for woodland shoes survey is Sagar . The results we gought from a survey is the demand for woodland shoes is results we gought from a survey is the demand for woodland shoes is hi
high gh in in A A clclasass s arareaeas s lilike ke AnAndhdhereri i & & cocollababa a wwhihile le it it is is lolow w inin developing areas like navi mumbai .
developing areas like navi mumbai .
As woodland is taking great efforts to enhance their As woodland is taking great efforts to enhance their shares in market they have also entered into the ladies & kids footwear shares in market they have also entered into the ladies & kids footwear recently.
recently.
This can be seen with the following diagrams: This can be seen with the following diagrams:
Retailers survey result of
Retailers survey result of
Customer satisfaction as per survey results Customer satisfaction as per survey results
The customer’s survey was conducted in D.Y.Patil institute, The customer’s survey was conducted in D.Y.Patil institute, relatives, & peer group. The sample size of the
relatives, & peer group. The sample size of the survey was 40 peoples.survey was 40 peoples.
According to customers woodland shoes are easily According to customers woodland shoes are easily available in the market and they are satisfied with the quality & available in the market and they are satisfied with the quality & durability of the shoes
durability of the shoes. Although the customers are unhappy with the. Although the customers are unhappy with the higher prices of woodland shoes. It is also found that the advertising higher prices of woodland shoes. It is also found that the advertising done by woodland shoes is not sufficient according to the customers. done by woodland shoes is not sufficient according to the customers. This can be seen with the following diagram.
This can be seen with the following diagram.
Customer satisfaction survey chart Customer satisfaction survey chart
Customer preferen
Customer preferences ces as per survey resultas per survey result
the results found in a survey regarding customers choice the results found in a survey regarding customers choice of brands are among 40 peoples 14 customers are with woodland, 9 of brands are among 40 peoples 14 customers are with woodland, 9 with metro, 5with Bata, 4 with lee cooper, & 8 with other brands. with metro, 5with Bata, 4 with lee cooper, & 8 with other brands. Th
Thesese e arare e ththe e brbranands ds wiwith th hihigh gh prpricices es whwho o coconsnsididerered ed as as mamajojor r compe
competitortitors in organizs in organized sectored sector. . This can be seen wiThis can be seen with the folloth the followingwing diagram.
SUGGESTIONS SUGGESTIONS
They should start manufacturing sports shoes as they can easilyThey should start manufacturing sports shoes as they can easily sustain in that market. Sports shoes have a good demand now days. sustain in that market. Sports shoes have a good demand now days.
They should increase the number of their outlets. At present theyThey should increase the number of their outlets. At present they have only 200 outlets in the country
have only 200 outlets in the country
They should the price of the product. The existing price of theThey should the price of the product. The existing price of the produ
product is ct is very very high high and tand thus thhus the midde middle clle class peoass people cple can’t afan’t affordford that product.
that product.
They should come up with more variety of They should come up with more variety of woman footwear aswoman footwear as the prevailing designs are not up to the mark.
the prevailing designs are not up to the mark.
CONCLUSION CONCLUSION
Woodland has slowly but steadily carved it’s place in the world of Woodland has slowly but steadily carved it’s place in the world of shoes.
shoes.
They are well-known brand in men’s footwear.They are well-known brand in men’s footwear.
Because of many other big brands Because of many other big brands in the market woodland shoesin the market woodland shoes should come up with new marketing strategy.
should come up with new marketing strategy.
They should opt for product development to sustain in the globalThey should opt for product development to sustain in the global market.
OBJECTIVE
OBJECTIVE
•
• To find out market stTo find out market strategy regarding product and service.rategy regarding product and service.
•
• Knowledge about the competitive market.Knowledge about the competitive market.
•
• To know the goodwill as demand of the product in worldTo know the goodwill as demand of the product in world
•
FACULTY OF MANAGEMENT STUDY FACULTY OF MANAGEMENT STUDY
DR. HARI SINGH GOUR UNIVERSITY SAGAR (M.P.) DR. HARI SINGH GOUR UNIVERSITY SAGAR (M.P.)
QUESTIONAIRE QUESTIONAIRE Researcher's
Researcher's Name Name : : Name Name of of Person Person : : _____________________________________ _ C
Cllaasss s : : BB..BB..AA. . III I SSeem m AAgge e : : _________________________________________________________ _ Gender
Gender : : Occupation Occupation ::
_________
________________________________ _______
1.
1. Do yDo you evou ever vier visited sited woodwoodland land outlet?outlet? a)
a) Yes Yes b) b) NoNo 2.
2. Is the amIs the ambiencbience of the of the outle outlet is up tet is up to the mo the mark?ark? a)
a) Yes Yes b) b) NoNo 3.
3. Do you fDo you feel wooeel woodland dland shoes arshoes are easily ave easily availablailable in thee in the market?
market? a)
a) Yes Yes b) b) NoNo 4.
4. Do you fDo you feel the preel the prices ofices offered fered by woodby woodland shland shoes isoes is according to their worth?
according to their worth? a)
a) Yes Yes b) b) NoNo 5.
5. Do yDo you fou feel theel the prie prices aces are hre high?igh? a)
a) Yes Yes b) b) NoNo 6.
6. Do yDo you fou feel it eel it has gohas good dod durabilurability?ity? a)
a) Yes Yes b) b) NoNo 7.
7. Do you thDo you the adverte advertising dising done by wone by woodlaoodland is suffnd is sufficienticient?? a)
8.
8. Do you fDo you feel the vaeel the variety oriety offered ffered by wooby woodland dland isis sufficient?
sufficient? a)
a) Yes Yes b) b) NoNo 9.
9. If the choIf the choice givice given to you en to you which which brand brand you like tyou like too prefer
prefer?? a)
a) woodlwoodland and b) b) Lee Lee cooper cooper c) c) BataBata d)
d) MetrMetro e) o e) M&B M&B foofootwetwear far f) loc) local bral brandands.s. 10. What suggestions would you like to give for
10. What suggestions would you like to give for woodland?
woodland?
BIBLIOGRAPHY BIBLIOGRAPHY
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Maarrkkeettiinng g MMaannaaggeemmeenntt BByy: : SShheerrlleekkeerr
M
Maarrkkeettiinng g MMaannaaggeemmeenntt BByy: : PPhhiilleep p KKoottttlleerr
M
Maarrkkeettiinng g aannd d SSaalleessmmaannsshhiipp BByy: : BB..S S RRaammaann
N
Neewws s ppaappeerrss BBuussiinneesss s LLiinnee Times of India Times of India www.google.com www.google.com www.accindia.com www.accindia.com