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WHAT IS FRISCO ?
Frisco is fashion company, which first and
main rule is to develop, change and
revolutionize.
CURRENT WORLD JEANS MARKET
Current world jeans market reminds the computer market before Steve
Jobs.
Sad, colorless reality that only awaits to burst in colors and vividness
gracefully to the One project. The first one that will bring life back to the jeans
and denim. All the biggest companies such as: Levi’s, Wrangler, Lee or
Abercrombie&Fitch offer literally the same models for the past tens of years.
Models that look all alike to each other.
HERE COMES THE STAR
Frisco comes up with the best jeans ever made.
First collection – Borgini by Frisco – means redefinition of the
jeans and denim, as it includes totally unique design, that reminds that fashion is the field of art,
and over 2.5-times more durable than usual denim.
CUSTOMER BASE
• Over 3.6 billion jeans are produced worldwide. Majority of it is produced in Asia.
• As the NPD Group reported, U.S. shoppers spent nearly $16 billion on denim in 2011
• Americans purchase approximately 450 million pairs of denim jeans each year, and jeans are the most extensively produced and used apparel in the US.
• On average, U.S. consumers have seven pairs of jeans in their wardrobe, according to the Cotton Incorporated Lifestyle Monitor(TM) Survey.
• NPD Group recently reported that total dollar sales for denim have increased in the U.S. . In the past 12 months ending November 2012, men's was up 2%, while women's rose 8%.
• GIA announces ... the world market for denim jeans is projected to exceed $65 billion by the year 2015.
• Jeans market is one of the fastest developing markets in the world.
FRISCO & ITS COMPETITORS
Frisco’s PROS:
• Unique design
• Innovative technologies and quality
• Very attractive price-point (given the durability and other factors)
• Novelty, implicates hype effect
Opponents’ PROS:
• Bigger financial assets (only main companies)
• Client base
FRISCO’S ORDER EXECUTION SYSTEM
Order
• Order is being placed at Frisco’s online store
• Order & Customer Data as well as production fee1 are being directly send to the Frisco factory
Production
• Ordered product is being manufactured
Packaging & Shipment
• Items are packed according to Frisco’s Packaging System2
• Order is send to the customer through worldwide courier
LESS MEANS MORE1 Because of paying the factory per piece, directly after receiving money
from customer, production isn’t credited even for a fraction of a second.
Frisco wants to offer the best products on the market to the whole world, therefore we’ve decided to only pursue online sales.
Moreover, this approach greatly reduces expenses linked to operating traditional brick-and-mortar store.
Possible objection from customers inclined by lack of possibility to try the products out, will be resolved by implementing the „Golden 14 Days Free Return Policy”, which concedes the customer to return the product totally for free (including shipping).
FRISCO’S PACKAGING SYSTEM
Product is being put into exclusive
Frisco shopping bag
Carefully selected scent sachette3 is being locatedinside the shopping bag
All the above are placed in the box
That constructed package is being sent to our excitedcustomers,
3 Including scent sachette into the package was inspired by the
research that has been runned in exclusive boutiques, that
proved that in stores which had a scent, rate of customers
who made purchase was incredibly higher than in the remaining
ones as it also is a way to build and reinforce the image of
Frisco.
FRISCO FREAKY MATH
Financial resources needed:Advertising $30,000Online maintenance and services $3,000Development of the first collection $2,000IT hardware & software $10,000Patent services $5,000Safety deposit $5,000
___________________________TOTAL: $55,000
Frisco effect (financial prognosis):Production cost [jeans] (per piece): $40 Price: $100
Simple mathProfit = $100 - $40 = $60 * 100 pieces a day = $6,000 a day =
$2,190,000 in a year
Disclaimer: As none of us is a prophet that can foresee
the future, profit may be way bigger, especially because of
the justification on the next slide.
WHAT EXACTLY IS FRISCO ADVERTISING ?Advertising we’re going to use includes 3 elements:
15s spots on:
Times Square
476, 000 people enter the Times Square Bowtie each day Average weekday foot traffic: 361,000 Average weekend foot traffic: 392,000 Roughly 115,000 enter each day by car or by bus $110 Billion in annual economic activity
ABC-CMT Taxi TV
Over 6,500 most recognizable taxi cabs in the world
Thousands of impressions each day
Most used website in the world; 2,161,530,000,000
searches in 2013
On average about 5,922,000,000 searches daily
SOCIAL MEDIA PRESENCE & PROMOTIONS
As social media revolutionized whole conception of marketing and interaction with
customer, Frisco is going to spread its vision on and .
All the info about our products, photos, current deals, and „Frisco Instant Madness”,
which in simple way means insanely great offer for very limited time, e.g.:
„ - 30% for the next 15 minutes !”
is going to be available at our and profiles.
Frisco finds it to be very contemporary and matching way to interact with customers
and to significantly boost sales, as sharing interesting things is what these media are about.
PRICE DIVERSITY
Average market jeans price is hard to estimate, because of the prices
diversity that exists on this market. Main companies such as: Levi’s,
Wrangler, Lee or Diesel price their products from $50 for regular models
to even $700 for limited edition (e.g. Diesel THAVAR 0829J - $698).
Frisco’s price strategy is about setting first collection’s price on the level
about $100, where it has to be mentioned our product include much
greater quality and durability of our components, as over 2.5-times
more durable than usual denim and genuine leather.
BUT WHAT ARE YOUR PRODUCTS !?
Borgini by Frisco includes game breaking jeans - which are the
central product of the collection, and the one that all the others are based on (by design) -, idiosyncratic belts and (possibly in near future) top-notch sunglasses.
Oppositely to other apparel companies - Frisco’s concern
is quality, rather than quantity that in the era of mass-production happened to be something so obvious, and paradoxically unwanted by customers, if compared to much higher quality for the same money.
Our „one model at the time” strategy is in part inspired by Apple’s limited amount of best quality products, and as before by our adoration to perfection.
WHO IS THE MIND BEHIND ?
My name is Ralph Faron, and I like to call myself „Creative Genius”. I think and everyday try to be Renaissance
Man, or if you will polymath, that is person whose expertise spans many areas of knowledge. I’m also romantic, by definition, and – as I think – that’s why I’m an artist; designer (fashion, as I also have entire piles of architectural, automotive and other kind of designs on my chest of drawers), music producer (and musician in the making), I also love social sciences (mostly anthropology), natural science (physics, chemistry, biology) and learning foreign languages.
What I can tell about myself, that you probably would like to know is that I’m the man of honor, if I declare to do something, I’ll do it, despite the biggest obstacles.
Frisco means everything for me. I sleep, eat, and breathe with it. I love the thought of making it real, and deeply believe to make it come true.
QUICK SUM UP
Product
Unique design, ultra-high quality apparel; over 2.5-times more durable that
usual denim
Company’s growth stage: seed level
Sought investment:
Ranging from $50,000 - $85,000 (as there’s never too much marketing
and safety funds)
Projected HQ location:
Oakland, CA
CONTACT
Ralph Faron founder, CEO, Head Designer
Email: [email protected]
Cell phone: +48 698-664-146
„It always seems impossible until its done.”
Nelson Mandela
THANK YOU FOR YOUR TIME
You could have spent this while in whatever way you wanted, and you chose to read this presentation deck.
Thank you !