Marketing Plan: Power ShirtsEssay title: Marketing Plan: Power ShirtsMarketing PlanPowershirtsCASE OVERVIEWPowershirts is a potential e-tailing partner for a clothing manufacturer located in Guadalajara, Mexico. The information we were given about Powershirts and the manufacturer is very limited, and we had no direct contact with management. The manufacturer has sold shirts in the Mexican market and has also sold mens slacks in the United States under a label undisclosed to us. They can produce shirts in any color; sleeve length, weight, and can add a logo to their products. While we do not have specifics regarding plant capacity, financial resources, or cost information, we have been told they have sufficient capacity and financial reserves to expand. Our goal has been to consider potential markets Powershirts may enter, and to prepare a general marketing plan, including web site design and content.
WHAT IS THEIR MARKET?Considering the information we have about Powershirts, the markets we have focused on are the advertising specialty market and e-commerce. These markets include many different popular products such as mouse pads, mugs, glasses, hats pens, and basically any product a logo or emblem can be printed or embroidered on. Shirts are also included in this market. Businesses need shirts with logos not only as uniforms, but to advertise for their company or to inspire employee loyalty. Sports teams, schools, and hospitals also purchase shirts with logos on then and could be potential clients. Also, non-profit organizations purchase shirts with emblems to advertise about their group or their goals. Powershirts ability to produce quality shirts with embroidery or printing gives them the ability to enter this market. Also, buyers do not have strong brand loyalty in this market but rather focus on the quality of the product and the quality of the customer service. Thus, although there are many competitors in this market, it seems Powershirts may easily enter it. This is also an area that may provide Powershirts profitable e tailing. Since they operate in Mexico but wish to sell abroad, entering this market could add to their profit.
WHO ARE THEIR CUSTOMERS?Their clients will include both business to business as well as business to customers. The B-to-B clients would include any company in the business of ordering customized products. These companies include screen-printers, sporting goods related stores, or award stores. They would act as intermediaries between Powershirts and the final customer, but may cut into some of the profit that Powershirts hopes to make. The B-to-C customers would include the clients mentioned above: businesses, schools, hospitals, sports teams, and non-profit organizations. These customers could be reached by catalog or by the web site that Powershirts would develop. Individuals searching out this type of product or simply surfing the web would also be potential clients.
HOW DO THEY ENTER THIS MARKET?There is one action Powershirts must take to enter this market, which is to attend trade shows related to the ad specialty/clothing market. As students, we have been unable
To obtain much of the key information that would available to a business at a show, such as competitors wholesale pricing. There are many trade shows that Powershirts can attend and an easy way to find out about them. TSCentral.com is an excellent source on the web, which allows the user to search for trade shows by their specific industry. It lists trade shows by region and shows many events in Mexico. Also, Powershirts could attend trade shows in the Southwest of the United States. To register for these shows or find out any detailed information, the user must enter a business license and give Business contact information.
There could be many benefits to entering this market through attending trade shows. Powershirts would be able to become familiar with their competitions, and find out their competitors wholesale pricing. This would let them know if they can profitably compete in the B-to-B market with similar businesses. They would get a better idea of what level of quality is expected in the market and what types of shirts and materials are most common. It would introduce them to many potential buyers and get their name out into the market. They could make important connections and perhaps find a representative to carry their products at trade shows. Hiring a representative would minimize their cost of traveling to shows, since there are numerous events they may wish to attend.
It could also become a source of new business. The fact that a business is able to get into the market opens up the possibility of being recognized and marketed.
Trade shows are great ways to learn through new products and services. The more trade shows you do, the better, both for customers and for your business.
Trade shows could enable you to gain a more competitive advantage over competitors, or even better, be in the game altogether.
The trade show market was built with many elements in mind. One element was a place for a wide variety of goods to be sold, and also a place for one-off competition to be conducted. This made it easy for many people to become familiar with the style of a trade show, and also made it easier for the participants to learn about and discuss various products, while keeping the competition in check. As a result, the market could be more competitive, and consumers could see their business expand. At the very least, the trade show market could be viewed more in line with international trends.
In all likelihood, this would not be the last time we hear about a trade show and see merchandise, and the potential value there being for your store. If you make an effort to look through the merchandise and see what is offered, then the trade show market is not far behind. As always, please share your thoughts on the topic in the discussion on this blog.
My primary goal isn’t to create trade shows or to get anyone in the industry involved in the market. The only really significant goal is to get to know other businesses about this market. With the exception of some of the other trade shows listed on this site, you’ll likely not see a lot of new businesses joining in on a trade show. Trade shows usually have no direct direct influence on the quality of your merchandise, only their effect on the quality of your product. In addition, because many of the trade shows aren’t based at all on products, they might not be considered as good-quality options as a general store or store-wide. In the case where you have a shop and a good product, then you’ll often find yourself in a better position relative to other businesses to make the best trade shows possible. I don’t believe there are any specific requirements for which an item should be made, or how much information to provide—this is just one of those considerations that could have something to say about the benefits of the market. My goal is to help people in both countries to find the right trade show venue and meet the conditions. I hope that this blog and the information I received (and contributed to from everyone) will help them make that happen.
It could also become a source of new business. The fact that a business is able to get into the market opens up the possibility of being recognized and marketed.
Trade shows are great ways to learn through new products and services. The more trade shows you do, the better, both for customers and for your business.
Trade shows could enable you to gain a more competitive advantage over competitors, or even better, be in the game altogether.
The trade show market was built with many elements in mind. One element was a place for a wide variety of goods to be sold, and also a place for one-off competition to be conducted. This made it easy for many people to become familiar with the style of a trade show, and also made it easier for the participants to learn about and discuss various products, while keeping the competition in check. As a result, the market could be more competitive, and consumers could see their business expand. At the very least, the trade show market could be viewed more in line with international trends.
In all likelihood, this would not be the last time we hear about a trade show and see merchandise, and the potential value there being for your store. If you make an effort to look through the merchandise and see what is offered, then the trade show market is not far behind. As always, please share your thoughts on the topic in the discussion on this blog.
My primary goal isn’t to create trade shows or to get anyone in the industry involved in the market. The only really significant goal is to get to know other businesses about this market. With the exception of some of the other trade shows listed on this site, you’ll likely not see a lot of new businesses joining in on a trade show. Trade shows usually have no direct direct influence on the quality of your merchandise, only their effect on the quality of your product. In addition, because many of the trade shows aren’t based at all on products, they might not be considered as good-quality options as a general store or store-wide. In the case where you have a shop and a good product, then you’ll often find yourself in a better position relative to other businesses to make the best trade shows possible. I don’t believe there are any specific requirements for which an item should be made, or how much information to provide—this is just one of those considerations that could have something to say about the benefits of the market. My goal is to help people in both countries to find the right trade show venue and meet the conditions. I hope that this blog and the information I received (and contributed to from everyone) will help them make that happen.
It could also become a source of new business. The fact that a business is able to get into the market opens up the possibility of being recognized and marketed.
Trade shows are great ways to learn through new products and services. The more trade shows you do, the better, both for customers and for your business.
Trade shows could enable you to gain a more competitive advantage over competitors, or even better, be in the game altogether.
The trade show market was built with many elements in mind. One element was a place for a wide variety of goods to be sold, and also a place for one-off competition to be conducted. This made it easy for many people to become familiar with the style of a trade show, and also made it easier for the participants to learn about and discuss various products, while keeping the competition in check. As a result, the market could be more competitive, and consumers could see their business expand. At the very least, the trade show market could be viewed more in line with international trends.
In all likelihood, this would not be the last time we hear about a trade show and see merchandise, and the potential value there being for your store. If you make an effort to look through the merchandise and see what is offered, then the trade show market is not far behind. As always, please share your thoughts on the topic in the discussion on this blog.
My primary goal isn’t to create trade shows or to get anyone in the industry involved in the market. The only really significant goal is to get to know other businesses about this market. With the exception of some of the other trade shows listed on this site, you’ll likely not see a lot of new businesses joining in on a trade show. Trade shows usually have no direct direct influence on the quality of your merchandise, only their effect on the quality of your product. In addition, because many of the trade shows aren’t based at all on products, they might not be considered as good-quality options as a general store or store-wide. In the case where you have a shop and a good product, then you’ll often find yourself in a better position relative to other businesses to make the best trade shows possible. I don’t believe there are any specific requirements for which an item should be made, or how much information to provide—this is just one of those considerations that could have something to say about the benefits of the market. My goal is to help people in both countries to find the right trade show venue and meet the conditions. I hope that this blog and the information I received (and contributed to from everyone) will help them make that happen.
HOW LARGE IS THE MARKET FOR POWERSHIRTS?We feel that the e-commerce and catalog markets in the United States are Powershirts