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BY: SUMIT,SURBHI,TULIKA,SONIA,VIMLA
Establishment
•1960:Aero club started as a small manufacturing unit in Delhi.
•1962 : They ventured into retailing with an outlet at a prime location in Delhi.
•1972: They set up the first fully mechanized modern shoe factory in India.
PRODUCT LIFE CYCLE
INTRODUCTION stage TO WOODLAND
• Woodland stands for spirit of adventure.
• Woodland has successfully brought together the power of the human will and the rewards of the discovery.
• Woodland product push the boundaries of innovation.
• Ad’s made the Woodland be called as the SUV of Indian shoes.
• The woodland tree logo defines the spirit of adventure and its commitment of environment.
• woodland product is available through 300plus exclusive stores 3000 plus multi brand outlet across the globe.
• Later in 1992 the company launched Woodland brand and acquired winter boot factory in Quebec , Canada to cater to the Canadian and U.S markets.
• In 1994 commissioned manufacturing plant for Reebok for export to U.S.A.
• In 1997 commissioned manufacturing unit for apparels , adding to the range of Woodland product.
• In 2002 Woodland become a national leader in premium category shoes, apparels and accessories.
• Later in 2007 total no. of exclusive showrooms targeted to touch the 200 marks.
GROWTH
• Quality worth the money spent on Woodland shoe.
• Very trendy and fashionable.
• Long and durable.
• Padded layers to provided comfort.
• Sales volume peaks and market saturation is reached.
• Increase in competitor
• Prices tend to drop
• Industrial profits go down.
MATURITY
• In,2011
• Tier 2 cities
• Jaipur and Udaipur,
• Store flopped.
• Decided to stay far away
from smaller cities for
few couple of years.
Source: http://www.businessstandard.com/article/management/woodland-s-eco-drive-110101800025_1.html
Chart : www.4-shared.com
DECLINE
INTRODUCTION GROWTH MATURITY DECLINE
DEVELOPMENT
LAUNCH
GRO
WTH
(E.G
. SAL
ES, V
OLU
MES
)
TIME
Product Life Cycle Curve
Product Life Cycle Curve
INTRODUCTIONGROWTH MATURITY DECLINE
DEVELOPMENT
LAUNCH
GRO
WTH
(E.G
. SAL
ES, V
OLU
MES
)
TIME
1. High cost2. New designs3. Demand Creation4. Customers have
to be prompted to try the product
5. Makes no money at this stage
1. High cost2. New designs3. Demand Creation4. Customers have
to be prompted to try the product
5. Makes no money at this stage
1.Costs reduced
2.Profitability rise
3.Public awareness increases
4.Increased competition
1.Costs reduced
2.Profitability rise
3.Public awareness increases
4.Increased competition
1.Loyal customers
2.Market saturation
3.Competition4.Price drop 5.Brand, feature
differentiation
1.Loyal customers
2.Market saturation
3.Competition4.Price drop 5.Brand, feature
differentiation
1.Consumer loses interest in the brand.
1.Consumer loses interest in the brand.
BCG MATRIX
STAGE 1-Generates no profit.-High demand 4 liquidity
LAUNCH new designs of woodland SHOES
STAGE 2-Leader of the CO.-investment,Boost the product.-Contribute to Profit
STP the Shoes & brand
STAGE 3-Generate profit.-out-dated products.
Woodland shoe price fall because of competition
STAGE 4-declining market-highly competitive
Woodland shoe tried to open New stores but failed
CURRENT POSITION
NATIONALUM : WOODLAND SHOES (AERO CORP)
THANK YOU