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ENT300 FUNDAMENTALS OF ENTREPRENEURSHIP MAC1105E CASE STUDY OF : NAELOFAR HIJAB PREPARED FOR : DR. ABDUL RAHIM RIDZUAN PREPARED BY : MARSYA BINTI ZAHARI MATRIX NO : 2018257122
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TABLE OF CONTENTS PARTICULARSPAGE 1.0EXECUTIVE SUMMARY1 2.0BUSINESS DESCRIPTIONS 2.1NATURE OF THE INDUSTRY AND COMPETITION 2.2TYPE OF THE OPERATION 2.3LEGAL FORM OF BUSINESS 2.4TARGET MARKET 2.5LOCATION AND BRANCHES 2.6PRODUCTS AND SERVICES 2.7OWNER OF THE BUSINESS 2.8VISSION AND MISSION STATEMENT 2.9ENTREPRENEURIALCOMPENTENCIES 3.0CONCLUSION 4.0REFERENCES 5.0APPENDICES
1.0 EXECUTIVE SUMMARY This report is describing about the successful business built by an entrepreneur and the characteristics and competencies of this chosen entrepreneur,Noor Neelofa binti Mohd Noor which is known more as Neelofa is a young entrepreneur who has now made her empire globally known especially to hijabis. She is one of the Malaysia's young entrepreneurs who started a business using the online system started to operate on 2014 in a small scale. Continuous efforts from Neelofa makes her business get more exposure resulting to a huge success for Naelofar Hijab in 2015. Due to the title she has as an actress, it actually has helped a lot to improve the profitability of Naelofar Hijab and grant her business to be promoted around Malaysia. Currently, her business has entered the market around Southeast Asia such as Indonesia, Singapore and Brunei. Starting from 2015, her brand has slowly entered London, Australia, Netherlands, and the United States. Then, the name of Naelofar Hijab changed into Naelofar only and from there the business has added more ranges other than her famous hijab line. Furthermore, it is also one ofMalaysia’s biggest modest wear in the fashion industry.
2.0 BUSINESS DESCRIPTIONS 2.1 NATURE OF THE INDUSTRY AND COMPETITION NaelofarHijabis a modest wear brand founded and started by the beloved Malaysian celebrity and entrepreneur, Neelofa since 2014. The mission of the business is to provide accessible prices with premium quality options. Naelofar has now spread range of stylish hijab, apparel, bags and accessories that are loved by the locals and foreigners. NaelofarHijabuses a broad official distribution channels through a website named naelofar.comand also Shopeewhere they can see the products virtually.boutiques and through 500 Authorized Stockist worldwide. NaelofarHijabcontinuously aims to inspire women to alwaysfeelconfident and empowered by their decision in wearing modest wear. It is what inspires their Go Far event and hit a huge success. NaelofarHijabmarket their ready-made designs with a little twist but they often face an issue with plagiarism by other brands. Therefore, Naelofar Hijab always come up with new collection so that they are not overshadowed and undertake by other brands. What makes their hijab line special is Neelofa and her team decidedto transform and simplify modest fashion we already used to such as making shawls easier to wear for those who are trying to be fashionable and out of their comfort zone. NaelofarHijabisstillstandingstrongandconstantlybeingapproachedbyloyal customers even thoughfaced a high pressureby a lot of upcoming new brands.Naelofar Hijabitself is among one of the first influential brand in the modest wear fashion.
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2.2TYPE OF THE OPERATION NaelofarHijabis a brand under NH Prima International, a companyestablishedby Neelofaand her sister Noor Nabila.Shortlyafter Neelofa’s personal transformation, the business changed into selling hijab in 2014. Naelofar Hijabproduce anddesign their products locallyin Malaysia whereher sister istaking responsibilityoftheproduct design and production. Neelofa takes care of the marketing of the business which led the business to be marketed to foreign countries. Since itsformationin 2014, Naelofar Hijab has producedbeyond80 collections of hijab, most of which aresold like hot cakes. Naelofar Hijab has always strives to beoutof the ordinaryfrom other hijab brands by remakingthe image of the hijab to one that is modern, practical andfree and easyfor confident womenin this 21stcentury.
2.3LEGAL FORM OF BUSINESS Naelofar Hijabis a private companywhich specialises in retailing where it offers various choice of hijab and modest wear for women.Naelofar Hijab began to gain popularity after Neelofa featured some of her collection during filming a hit television drama loved by Malaysians which gave a lot of exposure to the business and a serious demand from the customers. The owner behind Naelofar Hijab, Neelofasaid in an interview that the brand registered RM50 million in sales with theglobalmarket accounting for 10 per cent of its revenue. It certainly isabig achievement for a companyand to Neelofa herselfwhich had justestablishforonlyover a year. Naelofar Hijab also gain almost 900,000 followers on Instagram since the establishment of the company has become a phenomenon to Muslims.
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2.4 TARGET MARKET Naelofar Hijab’s goal is to provide modern and hassle-free hijabs for all women for any occasion at an affordable price range. The company also tries to maintain the trust and relationship that it gains from the customers. Therefore, Naelofar Hijab isfocusing more on Muslim youth and middle age woman which targets female from the range of age 18-60 years. Naelofar Hijab produces their hijabs that suited female between those ranges. Naelofa Hijab has offered their hijabs with multiple design and colours for their customer to choose from based on their preferences. Moreover, they also set out a tutorial on how to wear the hijab to guide the customers to wear them easily resulting to a full satisfaction from whoever bought it. Naelofar Hijab also provide exclusive designs especially for women who are trying to be more extravagant in their hijab while being modest in their day to day activities without worrying the price range as it is reasonably priced. The customers especially for beginners do not have to worry as Naelofar Hijab has created an instant hijab that they can throw on without putting so much effort but still looking decent.
2.5 LOCATION AND BRANCHES At first Naelofar Hijabstarted selling thehijabs online and at bazaars.After Neelofa’s gain more popularity from her televison drama, the hijabswere a hit andstarted selling out very fast resulting to morestockiststo handle the increasing demandfrom the customers. Customers can now purchase the products in store asNaelofar Hijab has 4 main branches throughout Malaysia. BRANCHESLOCATION One UtamaG-341,1UtamaShoppingCentre,Lebuh Bandar Utama, Bandar Utama, Petaling Jaya, Selangor, 47800, MY Isetan201A-C, Jalan Ampang, Kuala Lumpur City Centre,KualaLumpur,KualaLumpur, 50088, MY SogoSogo Level 3 Complex, 190, jalan Tunku AbdulRahman,KualaLumpur,Kuala Lumpur, 60000, MY Naelofar LUXE Boutique TTDITTDI Plaza, 2A, Jalan Wan Kadir 3, Taman TunDrIsmail,KualaLumpur,Kuala Lumpur, 60000, MY
2.6 PRODUCTS AND SERVICES Naelofar Hijaboffersvarious types ofhijabs, apparels, accessoriesand the latest collection launches, sportswear which let many Muslim women to be confident while doing sport activities.Naelofar Hijab has provides women who desire simplicity but still looking put together. The customer canchoose hijabs that compliments their skin tone with a wide range of designs to choose from and numerous material choicesthey can pick to cater with hijab styles they want to try. Most hijabcollections from Naelofar Hijab are made of soft materials which gives more of subtle and flown out look. What differentiates Naelofar Hijab from other brands is that Neelofa model herself wearing all the collection she launched so that everyone can see the material used and how it looks like in person. Naelofar Hijab’s website, naelofar.com also provide details and information to those who cannot purchase in store so they do not struggle and face any difficulties while buying it online.
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2.7 OWNER OF THE BUSINESS Noor Neelofa Mohd Noor isknown more as the popular television host on MeleTop and a Malaysian actress is theone who startedNaelofar Hijab. She was born on 10th February 1989 in Pasir Mas, Kelantan. She is the third of ninebeautifulsiblings.During her primary and secondary school,shewas an excellent student who managed to scoreall A’s in UPSR, PMR and SPM. Afterfinishingher secondary school, she took A Levels for two years at KDU University College.Her dreamwas to studyabroadin United States but her family didn’tsupporther decision.So,Neelofa pursued her studiesat Sunway University College, Selangor and received a Bachelor’s Degree in the field of Bachelor of International Business & Marketing. Due to her beautiful and angelic face, she got tocompete inDewi Remajaandwon over the title of Dewi Remaja and began her journey as an actress since.Currently, she has a huge following on Instagramwhich passed8million followersand keepgetting new followersevery dayand makesNeelofaone of thefashion icon for many Muslim women who wear hijab.She has been influencing many of women to be fashionable wherever you go and these woman will alwaysbuy whatever she had wearfrom head to toe. This has shown how Neelofa can immediately influence her fans through her fashion statement. Scandals and controversiesalways comes around wherever Neelofa goes butshedid not let itovercomeher but keep on doing herbestto serve nothing but good for her fans. Neelofaalso has beenlisted among the 300 honorees of the Forbes 30 Under 30 Asia 2017. The recognition has given her the opportunity to talk tointernationalaudienceand give more exposure to Naelofar Hijab.
2.8VISSION AND MISSION STATEMENT NaelofarHijab has aimingto inspire women to always feel confident andpowerful when makingtheir decision to choose modest wear. VISION To produce headscarves that are practical with well-thought designs toguaranteeour customers spend minimal time when putting on thehijabs. MISSION To provide accessible prices withluxuriousqualitychoices.
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2.9ENTREPRENEURIALCOMPENTENCIES Entrepreneurial competencies refers to the maincharacteristics thatasuccessful entrepreneur mustpossessin order to performthebusiness duties efficiently.Neelofa haspossessed severalentrepreneurial competenciesthroughout her journeyas a successfulbusiness woman. 1.USE OF INFLUENCE STRATEGIES Naelofar Hijab’s owner,Neelofa herself is alreadya known fashion iconinthe fashionindustry which meansshe can influence and persuade others easily.Moreover, she is the face of her own brand where thousands of loyal customers are eager for new collection from her.Therefore,shecan influence her fans as she already has a huge following on media platforms.In less than 2 years only, the company has grown into one oftheMalaysia’s popular andbest-sellinghijab brands and over some foreign countries. 2.PROBEM SOLVER / PERSISTENCE Neelofa has shown her entrepreneurial competencieswhenshealways come out with a newsolutionand potentially unique ideaswhenlaunching her latest collection.This can be seenwhen Naelofar Hijab became a hit inthe marketthere are somebrandswilltake advantage byimitating the hijab’s design and selling it at alower priceso their brands can become profitable and relevant.Withoutmaking an issue about it, Neelofacreates anew idea where her team willproducethesamedesigns regularly so thatany hijab brands cannot follow the rhythm of Naelofar Hijab’s new production so there will be no plagiarism. 3.SEE AND ACTS ON OPPORTUNITIES Neelofa sees andgrabson opportunitieswhenever it comes landing on her.She took opportunitieswhen sheknows her business has the potential to go to overseas can bespread to overseasand become globally known and it has now entered a lot of foreign countries. Naelofar Hijab also come out with designs that some of the hijab brands would never dare to try to come out with but she sees this an opportunity to gain more exposure and engagement from the customers without caring the backlash she will get.
3.0 SWOT ANALYSIS STRENGTH Founderofthecompanyisa famous and well knownperson. Thematerialused is comfortable andeasytobestyledandsuit Malaysian weather. Colourfuloptionsandvarious design which follows the trends in the fashion industry. WEAKNESS Ridiculouspricetagfor simple design. Similarityand resemblance inmost of hijabsstyle. Limited stock. OPPORTUNITY Canpenetrateintoglobal market. Influencemanypeopleto wearhijabespecially beginners. MostMalaysianarein Muslim community. THREAT Strongcompetitorsinthe sameindustrysuchas Ariani, Adijuma, and Duck. An absencein thecopyright resultingtomany plagiarism. STRENGTH Naelofar Hijab alwaysservetheir customerswith products that are up to date to not let them get bored.Neelofa who is the founderthe company isalso afamous and well knowniconin Malaysia which gives her advantage to use her platform.Naelofar Hijab’s product also offers variety of colours and design to suit the preferences of their customers. Thematerial used for her products has always been high quality and super soft especially their hijab collection which also suitable for the humid weather in Malaysia.
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WEAKNESSES The pricetag ofNaelofar Hijab’s productsare a bit ridiculous and not worth it as it very simple.Therefore, some people cannot afford to buy them.Unfortunately, Naelofar Hijab’s products face a lot similarity and resemblance from other brands which made some of the customers tend to go looking for other brands. In addition, their collection always have a limited stock when it sold out. This made some customers who did not get the chance to buy the collection need to wait for a long a time to get it restock. OPPORTUNITY Naelofar Hijabhas hitabigsuccess inthe localmarket but also canbe more known in the international market byproducing theirproductsby keeping up with the new trends frequently. Furthermore,most of the locals are Muslim so theycan easily add on some new hijabs into their collection. In addition, Naelofar Hijab provide those beginners who do not know how to style their hijab with tutorials so they can learn slowly about modesty. THREAT Alot ofhijab brandssuch as Aidijuma Scarf, Ariani, Duckare some of strong competitors of Naelofar Hijab in the modest fashion industry.A few of them mightclaimed that Naelofar Hijabhad initially copied some of their designs but in factit is very difficult toindicate if its imitationas there isnocopyright has been issued.Opinion expressed by some people saying there is no originality when it comes to designing hijab, clothes and many more.
3.0 CONCLUSION All in all,the case study I made aboutNaelofar Hijab, isIamable to see the real situationin an operating businessand see thecurrentissuesoccured.I got a lotfrom this researchbecauseI got to know a lot about the face behindNaelofar Hijab, Neelofaand her company.From theSWOTanalysis, I cananalyzethe strengths and weaknessesas well as the opportunities and threats the company face duringflourishing their empire.SWOT analysis really can helpNaelofar Hijabto focus on areas where the companyneeds to be improving on and the opportunities lies in front of them. ThiscertainlyhelpsNaelofar Hijab become a successfulcompany and keep moving forward. During my research about Naelofa Hijab, theyhave always serve the best hijabs to make Muslim women feel luxurious wearing one of Naelofar Hijab’s.I learnedhow professional Neelofa handle difficulties while building her empire through Naelofar Hijab even you have experience for years in doing business.This shown how mature Neelofa when dealing with criticism which made her one of the influential entrepreneur in Malaysia.
5.0 APPENDICES This is Neelofa during the launch of Naelofar Hijab’s new collection, Be Lofa at Zouk which has been controversial to citizens as the launch made at a night club and considered as disrespectful to Muslim community.
Pictures of customers in Naelofar Hijab’s boutique choosing hijabs to try on and buy.
Snippet of Naelofar Hijab’s website, naelofar.com.