35
The beginning of a story…

SS -- Presentation Business Plan

Embed Size (px)

Citation preview

Page 1: SS -- Presentation Business Plan

The beginning of a story…

Page 2: SS -- Presentation Business Plan

Salt and Silk is a unisex clothing brand, designing and selling high

quality contemporary street wear for the ‘youth’ market, who are forward-looking, creative and unique people. Building a lifestyle that people can

relate to and be apart of. “‘Youth’ is an attitude not an number/age. Stay young, stay

ignorant. Surround yourself with positive people and encourage others to be positive. Be child like in wonder, Be

romantic in revolt.”-Bobby Hundreds

Page 3: SS -- Presentation Business Plan

Mission: To provide our customers with high quality unique garments and accessories that consistently

follow our philosophy whilst staying current. To provide unique customer

service in order to promote our lifestyle in such a way that people truly want to be apart of our story,

engage with it and help to shape it.

Vision: Our Vision is to become a global brand that is known for

combining the ideas from all edges of creative practice into a forward

moving lifestyle brand.

Page 4: SS -- Presentation Business Plan

Be Unique, Create your own path.

Not afraid to be different Stepping out into

the unknown as opposed to

following a path that is well trodden.

“Comfortable and Familiar”

This is the very fundamental of our business philosophy.

To take the road less traveled, one has to

accept total responsibility for ones

choices. The truth really does set you

free!

Not settling for the social norms of our culture but

instead formulating a reasoned philosophy that will help a person live life to the full everyday. They will not follow other ideologies but their own they will follow

their own thoughts.

Page 5: SS -- Presentation Business Plan

“Live in the here and the now”

Page 6: SS -- Presentation Business Plan

These are the things that we are most interested in. They have shaped our understanding and expression of life.

Music: Salt and Silk has been influenced by the house and electronic music culture as it represents a pure form of vibration that gives rise to thought and the exploration of creative ideas.

This helps people to carve new directions in their lives.

What has influenced the brand and our philosophy?

Festival Culture: This is a global culture

for enjoyment and discovery, showcasing the most broad minded

individuals who are searching to truly

understand and feel all that we are.

Page 7: SS -- Presentation Business Plan

Nature: Our attention to detail and high quality comes from natures influence. If were for example to take a fruit such as an apple and cut it in half we would see

how the seeds form around the core of the apple. They form in such a way that it is

hard not to use the word perfection. Every collection will display this attention to quality and detail as it more closely

reflects the perfect nature of life

Influences continued

Simple design: Zen and minimalism are very informing practices and have influenced

salt and silk. Zen can be understood as ‘looking inside oneself’. We believe that you

can lead a happier and more exciting life when you truly understand yourself. We want

to combine the ideas of creating self reflective design whilst looking at all the

edges of creative practice to reflect our view of contemporary culture.

Page 8: SS -- Presentation Business Plan

“Define yourself, Think for yourself and don’t be afraid to be unique”

Page 9: SS -- Presentation Business Plan

Customers • Age: 17-30 year olds • Gender: Male and

Female • Location: Built up urban

areas such as cosmopolitan London. These locations will be full of the target ‘youth’ market. These are the epicenters of society 17-22: These will be

people on student level of income or may also have a

part time job. This will enable this group to treat

themselves to a few essentials throughout the term. The younger people in this group might have a parent that will be a middle

class earner they will purchase on a teenagers

behalf.

22-30: These people will have an income of about £26,000 plus which is a graduate level

of income. At this wage Salt and Silk becomes an affordable brand. The social

class of this group will be the Middle ‘youthful’ class their occupations will be in

the creative industry's such as media, marketing, fashion, design, music,

advertising etc… These people will be interested in the contemporary environment that surrounds creative people. They will be regular social media users who engage in

social conversations with their favorite brands.

Page 10: SS -- Presentation Business Plan

Wholesale customers Example: Topman.

Born in 1978, it has over 185 stores in the UK. It receives over 160,000

visits a week to topman.com

Their customers are the group that we are

targeting. These are the trend conscious bright-

young-things which include sub-cultural and

indie groups.

Page 11: SS -- Presentation Business Plan

The ‘Youth’ Market

A few points.• They have access to a 24/7 digital self expression platform in the

form of Facebook, Instagram, twitter etc…

• They want meaning full connections to brands

• Current music has a strong influence.

• They are a very political and environmentally aware group

• They want a meaningful living and consumption.

• Under 25’s who live in capital cities are the most fashion conscious.

In order to appeal to this group of individuals we must engage with the customer through displaying a real understanding of their interests!

Child like in wonder,

Romantic in revolt

Page 12: SS -- Presentation Business Plan

Industry The clothing industry in the UK and the world is one of

the largest markets. With 7.5 billion people on the planet there will always be a need to clothe the people. The market was valued at 1.7trillion dollars in 2012 and

employs nearly 7.5million people. There is an almost infinite size that the market could grow too, this makes it

a competitive business to be in.

In the UK household

consumption on clothing and

footwear is £59 billion.

British consumers spent about £900 on fashion which is slightly above the EU average of £700 a year.

New trends lead to high demand in the market place. The strength of

ecommerce and marketing today means that high

quality can result in affordable prices

Page 13: SS -- Presentation Business Plan

The ever developing technological environment that surrounds all

industry it enables people choice when it comes to what to wear. This has enabled people to express there

social beliefs through the clothes they wear. This has enabled brands to grow from little beginnings due to strong followings from their loyal

social media armies

We foresee a more transparent clothing style where people mix and

match from different brands and clothing styles in order to complete

their reflection of themselves

The industry is a very fluid one in terms of changing trends and

numerous collections are released each year by fashion forward brands

Page 14: SS -- Presentation Business Plan

• To be stocked by our first wholesaler before the end of the year• To have a fully researched and meaningful collection that we can be proud

of. • To grow our social media platforms by 10K on all platforms • Take on more celebrity ambassadors • Double sales before the end of the year.• Promote our lifestyle in such a way that people truly want to be apart of

our story, engage with it and help to shape it.

This Year…

Page 15: SS -- Presentation Business Plan

“You are an expression of your experiences. Make each

one good and you will become a reflection of all that

is good about life”

Callum Best for Salt and Silk

Page 16: SS -- Presentation Business Plan

The market is crowed with competition however this does

not mean that brands cant shine through and succeed in this environment. Here are a

few brands that we have looked at and identified as competition.

Page 17: SS -- Presentation Business Plan

Nicce is a unisex street wear brand that was first introduced to our wardrobe in 2013. Since Formation they have focused on developing a clean honest approach to contemporary street wear apparel. They create clean, functional clothing pushing forward in new directions for-ever maintaining their ethos. Drawing inspiration from London's ever-changing culture and music scene, Nicce’s AW14 collection shows an exciting mix of traditional ideas with contemporary cuts.

Facebook

Instagram

Twitter

They have managed to build an underground community for their designs through the use of big name DJ’s and great organic social media marketing campaigns

Page 18: SS -- Presentation Business Plan

IUTER is a street wear brand fully designed and manufactured in Italy. It was founded in 2002 by a group of people with a strong passion for board sports, graffiti and music.

Facebook

Instagram

Twitter

This brand is so creative in the collections it brings out we

want to take a leaf out of their

creativity manual and create

garments that are talked about

Page 19: SS -- Presentation Business Plan

provider of premium, urban apparel of the highest quality. Their original designs epitomize the urban culture and artistic flair that is the foundation of the Serge lifestyle. They strive to create an artistic community that focuses on producing cutting edge designs.

Facebook

Instagram

Twitter

Serge is a great brand to look at it is a brand that has been successful in creating a lifestyle that people follow. They have done this through a very forward thinking social media campaigns in which youthful creative thinkers from all around the globe have been seen wearing serge.

Page 20: SS -- Presentation Business Plan

The foundations of the company were, quickly and efficiently built using a powerful string of social networks using nothing more than word of mouth. HYPE launched its first designs; a lighter inscribed with the statement: ‘Get Your Own Fucking Lighter’ and a range of ‘alternative’ designs; a modified Einstein, Monroe and Elvis on separate t-shirts. These thought provoking first designs gave the market something completely different which contributed greatly to their success story!

Facebook

Instagram

Twitter

Although Salt and Silk is not trying to copy HYPE, a lesson can be learnt when it comes to the impressive social media community that they have built up in the last 3 years, it is an amazing achievement. The creativity that is applied to each and every design is something to take away from this analysis. designs are very striking and thought provoking something that we want to apply in one way or another.

Page 21: SS -- Presentation Business Plan

Overview of competition Similarities

• High Quality garments and accessories.

• Very high attention to detail• Researched design • Strong social media followings • Real sense that their customers

are in a community or a sub-culture.

Differences. • Unique design to that brand meaning that it is one

of a kind• Some are full of all over prints in full colour and

others are more reserved in the way that they use multiple colours

• Appeal to different groups who follow them and are loyal.

• Diversity of products • Different cuts on the garments. • Different messages they are trying to evoke

Page 22: SS -- Presentation Business Plan

Salt and Silks unique corner of the market is to promote our philosophy on life through our clothes and

accessories and incorporate all areas of creative practice into our lifestyle. You will buy salt and silk due to the

high quality fashion forward designs and the community you can become part of after your purchase expressed through our social media avenues. Each customer will

help shape and define who we are Salt and Silk will be a

sanctuary for our customers to escape

from social conformity and enter into a world of creativity, thought and high quality clothing.

Niche

Our original design will shout out to the market and our

philosophy will keep people coming back

Page 23: SS -- Presentation Business Plan

Core company strengths

Our harmonized combination of multiple resources and skills that distinguish us in the market place are:

Our unique vision and philosophy that our

customers can become apart of and help to shape.

Attention to detail and style in every aspect of the brand, from the website

to the label in the neck.

Original DesignVery low cost overheads, No debt

Strong social media following after a year of

trading.

Page 24: SS -- Presentation Business Plan

Products Salt and Silk are looking forward this year and bring out a capsule collection which will be marketed at our youth market . The next few slides display the trends, styles and cuts that will influence the new collection giving a good idea of what it will look and feel like.

This is a collection of cut and sow t-shirts. Our collection will feature a cut and sow tee which is slightly different from the market standard to set it apart. Our logo may also be applied to the middle of the tee, derived from the market trend for logos

Page 25: SS -- Presentation Business Plan

We want to create a design that changes the normality of what a t-shirt is. Something that these images represent

Page 26: SS -- Presentation Business Plan

Here is our inspiration for some simple yet effective designs that are successful in reflecting these brands images through the use of a high quality garment that has been intelligently designed with the customer and brand in mind at all times.

The capsule collection will consist 3 new T-shirts, 2 new sweats and a few unique pieces.

Page 27: SS -- Presentation Business Plan

The simplicity of these designs are what makes

them interesting and wearable, this is

something that we are striving for. We do not

want to create a plain t-shirt that has had no thought or meaning

attached to it.

Page 28: SS -- Presentation Business Plan

Of particular interest here is the Fit and the position of the

logo. We like the youthfulness of these designs

Lazy oaf is a great brand to look at when we are thinking about designs that incorporate logos. They apply so much creativity into each design that the end product is evidence of this. Each Salt and Silk product will ooze creativity.

We want to use words and phrases in some of our designs to further promote our philosophy. Such as ‘Hear + Now’ ‘Be Unique, Create your own path’

Page 29: SS -- Presentation Business Plan

The Street

Page 30: SS -- Presentation Business Plan

MarketingAs seen in pervious slides our target market is the 17-30 ‘youth market’ but what other things defines this group?

Psychogaraphics: desires exclusivity and Quality Blogs: Hypebeast, Superfuture, Highsnobiety

Music taste: Indie, House and Electronic but they do not disregarding other genres as they understands and respect the musicality that it takes to create.

Reads and watches: GQ, Complex, Esquire, creative thinking ideas, TED Talks, interesting and imaginative videos

Other brands they shop at: Independent street wear brands, Zara, Topman, Urban outfitters, Nike

Salt and Silk club

night back in

September

Our thoughts and feelings shown in our

blog

Page 31: SS -- Presentation Business Plan

Strategy Promotion: We will use our social media and other fashion forward publications to directly influence our target market. We will up date these everyday with different thoughts and products at periods throught the day.

Low cost methods: • Facebook advertising which

can be targeted at our specific market. This has been successful for us in the past

• Clothing deals with high impact fashion forward individules that have a strong ‘youth’ following and large social media presence. This has worked for us in the past with Cullum Best wearing our sweatshirt on twitter which directly resulted in 20 sales that day!

The Marketing strategy will always keep our philosophy in mind and help us to promote the image of the free thinking healthy lifestyle brand that is fully aware of the world that we live in and how creatively beautiful it is.

Page 32: SS -- Presentation Business Plan

“Don’t waste time on a simple level of experience, immerse yourself into the ecstasy

of life”

Page 33: SS -- Presentation Business Plan

Customer Service

The customer is at the heart of all that we do. At the moment we offer an email service where we endeavored to respond to all questions within 5 hours. To improve this we want to add a simple FAQ section to the website for customers to quickly and easily get the answers they are looking for

Delivery: We ship first class and will be with the customer within 1-2 days however we have state on our website that

this could take up to 7 days.

Items are packaged in a black bag in which stickers are placed inside along with the story of our philosophy and the

places to find us online.

To improve our service we want to:• offer a return address sticker and instructions.• Send an email asking for some simple

feedback questions about how the experience with salt and silk has been.

Example of how the future

packaging could look

Page 34: SS -- Presentation Business Plan

Next step:Next few months:

We want to design and manufacture the new capsule collection ready for release at the end of March

Start an iconic marketing campaign that will create a strong brand image that will represent our philosophy which is easy for our customers to understand.

Speak to more high impact social icons to help the marketing campaign.

Start talks with wholesalers who might be interested in stocking the new collection

Trademark the brand. Name and Image

Status of the company

The company is registered as a limited company under the name. : SALT AND SILK LONDON

Number : 9385812

Page 35: SS -- Presentation Business Plan

Salt and Silk will lead the way on expanding the horizons of street wear

with intelligent thought. We will achieve this thorough a real

understanding of who we are as a brand and who are customers are on

the most fundamental level.

This is just the beginning of a story …