This presentation discusses the strategic plan, marketing plan, operational plan, and finance plan of Allure Fashion Ltd, a clothing brand specializing in female clothing and accessories.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
ALLURE FASHION LTD BUSINESS PRESENTATION •1) Introduction – 2) Strategic plan – 3) Marketing plan – 4) Operational plan – 5) Finance plan – 6) Conclusion –
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION Allure, a clothing brand, which deals mainly in female clothing and accessories. The major sales of the company is carried out on a digital platform. With the changing time company is increasing its operation such as company initially started with clothing but now it also sells various kinds of female accessories. The company is known for providing cool products which has a reflection in fashion industry. The company offers wide range of products such as t-shirts, tops, skirts, shirts, shorts, earrings, nosepins and much more. The company is expanding very fast because of providing latest designer clothes and at affordable prices. This ppt will include strategic plan, marketing plan, operational plan and even financial plan.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
STRATEGIC PLAN Strategic plan is usually formulated in order to give direction to the business. Further, it is formulated in order to take decision regarding allocation of resources towards the achievement of business objective. Strategic plan includes 4 major elements and these elements are discussed below: •Mission and vision •Core values •Strengths, weaknesses, opportunities and threats •Business objectives and strategies
KEYS INDICATORS TO SUCCESS FOR THE FIVE YEARS 20192020202120222023 Breakeven analysisï‚·Lowprofit margin approximately (2%) ï‚·Strengthening thecustomer base ï‚·Profitmarginat approximately 5% ï‚·Staff retention ï‚·Gainingmarket strength ï‚·Profitmarginat approximately 8% ï‚·Profitmarginat approximately 10%
MARKETING PLAN Marketing plan is basically prepared for the purpose of outlining marketing strategy for a future period of time. The plan is even prepared for the purpose of highlighting business activities that would be carried out towards the attainment of marketing objectives of the company. Marketing plan would take into consideration 4 major elements of marketing mix and these are: •Product •Price •Place •promotion
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
OPERATIONAL PLAN •Formulation of efficient operational plan is very essential in order to earn huge margin on sales of the products of the brand. •Allure company should focus on achieving the economies of scale by decreasing the cost of manufacturing its clothes. This is possible by carrying out its manufacturing on large scale. •Apart from that, company should even search for those suppliers who would manufacture the clothes at comparatively cheaper price so that the company has earn more by high profit margins.
FINANCE PLAN •Finance plan is basically prepared in order to determine about the current financial state of the company as well as future financial state of the company. •The current financial position of the company is that company requires 1,20,000 pounds in order to run its clothing brand smoothly and hence for this purpose company has requested its venture capitalist to provide funding to the brand. •Further, the company is looking forward for funding because the need may arise for working capital in order to produce the clothes as well as for the purpose of acquiring latest technology for advertising the clothes of this brand. •Apart from that, funds are even required for the purpose of hiring new staff and investing in inventories.
FINANCE PLANStart up Clothes Shop Apr il MayJuneJulyAug ust Sept embe r One time Cost Total Cost Start Capital2000 0 1560 0 183662063 3 2573324333 Advertising/ Mk-50-50-50-50-50-50-300 Employee Salaries 0000 Rent warehouse- 1250 -1250-1250- 1250 -1250-1250-7500 Shipping cost00000000 Communication/ mobile -100-100-100-100-100-100-600 Computer Equipment - 1000 -1000 Insurance00000000 Supplies- 5000 -2500-3333- 3500 -5000-2500 Equipment- 2000 -2000-2000 Inventory gros1500 0 1500 0 150001500 0 1500015000 Inventory net left 250016671500200025001000 Sales gros75001000105001500750012000
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
CONCLUSION •It is seen that Allure will be a clothing fashion brand offering clothing range to the women belonging to age group of 18-45 years. The current market of apparel is increasing and thus, the business aims to offer tough competition to Forever 21 and Zara by creating and imitating trends of high fashion brands at affordable prices. As per the marketing strategy, the product that will be offered will include the women clothes, price will be affordable and the quality will also be high. The place mix includes physical warehouse as wells websites and mobile applications will also be available and the media strategies that will be used will include social media and print media. The external funding will be acquired through venture capitalist of amount £ 120,000.