Zudio - Understanding Marketing Concepts

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 9

Fashion for everyone

Zudio
AGENDA

01 INTRODUCTION 05 KEY DEMOGRAPHICS AND CUSTOMER PREFERENCES

02 MARKET POSITION ANALYSIS


06 KEY CHALLENGES FACED

03 COMPETITORS AND THEIR STRATEGIES 07 STRATEGIC RESPONSE TO COMPETITION

04 MAJOR PLAYERS IN RETAIL MARKET 08 QUESTIONS


Introduction: Zudio

Overview: Zudio, a part of the Tata Group, is a fast-growing value fashion retail
brand in India. Launched in 2018, Zudio focuses on delivering trendy apparel at
affordable prices, targeting price-conscious customers across Tier 2 and Tier 3
cities in India.

Mission: To offer high-quality fashion at unbeatable prices, ensuring style and


affordability for a wide range of customers.

Value Proposition: Zudio stands out with its commitment to providing budget-
friendly, fashionable clothing for men, women, and children, making style
accessible to all income groups.
Background on Zudio

● Founder – Anand Ramanathan


● Year Launched – 2015
● Headquarters – Mumbai, India
● Key Products – Apparel, footwear, jewelry, bags, accessories
● Price Range – Rs. 299 – Rs. 999
● Top Categories – Tops, dresses, shoes, handbags, jewelry
● Target Audience – Millennials, Gen Z
● Sales Channels – Mobile online store, retail outlets
Marketing Objectives & Key Performance
Indicators

• Increase Brand Awareness among customer through various marketing


activities
• Enhance Customer Engagement
• Achieve a 15% YoY sale growth in both offline and online
• Increase Customer Acquisition at low cost
• Monitor Online Traffic and improve online conversion rate
• Track the number of sign-ups and repeat purchases from loyalty members.
STP strategy of Zudio to grow in
crowded retail Indian Market
Segmentation:
• Zudio targets price-conscious shoppers looking for fashionable clothing at budget-friendly
rates. The brand appeals to young professionals, students, and families.

Targeting:
• Geography: Zudio focuses on expanding in Tier 2 and Tier 3 cities where there is a growing
demand for affordable fashion.

• Demographics: Primarily targets 18-35-year-olds across various income groups who want
access to trendy clothing without overspending.

Positioning:
• Zudio is positioned as a value-driven fashion retailer that provides stylish and contemporary
apparel at affordable prices, catering to the needs of middle-class Indian consumers.
4As of Marketing (Consumer-Centric
Approach)
Affordability
• Targets value-conscious customers with pricing starting as low as ₹99.
• Appeals to middle-class, students, and young professionals seeking affordable, trendy fashion.
• Operates on a no-frills model and avoids heavy advertising to keep costs low.

Accessibility
• Strong physical presence across major cities, Tier 2, and Tier 3 towns.
• Expanding reach through e-commerce platforms.
• Compact store designs for a hassle-free shopping experience.

Awareness
• Builds brand recognition via digital marketing, in-store promotions, and collaborations.
• Relies on word-of-mouth, social media campaigns, and influencer partnerships.
• High visibility through strategic locations in malls and shopping complexes.

Acceptability
• Aligns with modern fashion trends, catering to millennials and Gen Z.
• Offers diverse collections for men, women, and children, ensuring wide appeal.
• Focuses on trendy designs, quality, and updated inventory to enhance customer satisfaction.
4Ps of Marketing (Traditional Approach)
Product
• Offers a wide range of trendy apparel, footwear, and accessories for men, women, and children.
• Focuses on fast fashion with seasonally updated collections.
• Combines style and quality with value-for-money offerings to drive repeat purchases.

Price
• Low-cost fashion retailer with most products priced under ₹999.
• Everyday low pricing strategy appeals to budget-conscious customers.
• Discounts and promotions further enhance affordability and customer attraction.

Place
• Operates through physical stores in malls and shopping centers across metro, Tier 2, and Tier 3 cities.
• Strategic locations ensure deep market penetration and high brand visibility.
• Expands reach to emerging cities to cater to untapped customer bases.

Promotion
• Focuses on in-store discounts, seasonal sales, and digital marketing campaigns.
• Engages younger audiences through influencers, social media, and customer-driven content.
• Highlights trendy styles and competitive pricing to attract customers.
Thank You

You might also like