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My Ideal Business
                                                    Upcycling vintage cashmere sweaters into kids 
                                                    stuffed toys 
                                                    Presented by : Pankaj bansal




Domus Academy I  Master’s in Business Design 2009
Content                                       Concept for sustainable business

                                                                                                Business proposal 

                                                                                                Brand values 

                                                                                                Potential market 

                                                                                                              Why cashmere sweaters and benefits 

                                                                                                  Potential user and buyer 

                                                                                      Child safety 

                                                                      Market research and SWOT analysis  

                                                                                                              Work methodology and organizational structure  

                                                                                          Work Process 

                                                                                                   Distribution 

                                                                                                              Communication 

                                                                                         Packaging 

                                                                                                              Financial 
My Ideal Business  I  content                                                                                                                                   ‐1‐
What would make an improved
     system Economical Viable ?




My Ideal Business  I  key values                                                                                                         ‐2‐
What would make an improved
     system Feasible ?




My Ideal Business  I  key values                                                                                                         ‐3‐
What would make an improved
     system Desirable ?




My Ideal Business  I  key values                                                                                                         ‐4‐
Concept for sustainable
   business…..




My Ideal Business  I  concept for sustainable business                                                                                   ‐5‐
my Business proposal !!


Upcycling Vintage cashmere sweaters
          into stuffed toys
Brand values
                                                                                                             Vision
                                                                                                             To provide toy with honesty, which is detailed
                                                                                                             and easy to understand the information about
                                                                                                             the composition and purity of the toy


                                                                                                             Mission
                                                                                                             To offer wide range of different kind of
                                                                                                             cashmere sweater, turned into kids stuff toys
                                                                                                             & to encourage people to reuse their old and
                                                                                                             waste sweater in a meaningful manner

                                                                                                             Offers
                                                                                                             Opportunity to explore & have fun with old
                                                                                                             and waste cashmere sweaters in different
                                                                                                             shapes and styles.
                                                                                                             keywords _personal‐styling‐service
                                                                                                                        _opportunity to design‐it‐yourself
                                                                                                                        _tailor‐made
                                                                                                                        _handmade

My Ideal Business  I  brand values                                                                                                                            ‐7‐
potential market



                                         North America
                                             Europe


                                          Source : NPD POS data for 2008 (EU & AU) 
                                                  and NPD consumer tracking for US 

My Ideal Business I  potential market                                          ‐8‐
Why cashmere sweaters                                                                                                    ?




                                                                               Cashmere sweater


                                                                                                                                                     Origin : India

My Ideal Business I  why cashmere sweaters                                                                                                                            ‐9‐
How ?




                            Sweater recycling boxes                                                                                      Fabrication in INDIA




My Ideal Business  I  how the system works                                                                                                                ‐10‐
Benefits to the customers
                 Online purchase

                 A chance to customize a quality product at
                 affordable price

                 Converting old and vintage cashmere
                 sweaters into desired stuff toys with same
                 elements as used in the Sweater

                 Having a personal‐detailing‐styling‐service

                 Teach customers how to take care of there
                 Cashmere made toys




My Ideal Business I  benefits to the customers                                                                                                       ‐ 11‐
Potential buyer and user ?

                                                                                                                  _user                              kids 
                                                                                                                  _Age                               5 ‐ 12yrs
                                                                                                                  _location                          any

                                                                                                                  _buyer                             women's 
                                                                                                                  _location                          any
                                                                                                                  _occasion                          any
                                                                                                                  _purpose                           gift’s 
                                                                                                                                                     explore 
                                                                                                                  _activity                          housewife
                                                                                                                                                     mother
                                                                                                                                                     professional        




My Ideal Business I  buyer and user                                                                                                                                         ‐12‐
Child safety



                                                                                                                                                     customer safety under European 
                                                                                                                                                                          directives


 textile safety in product for kids 

                                                                                                                                    Safety Certificates 




My Ideal Business I  child safety                                                                                                                                               ‐13‐
Market research




                      _sweater turned bag                                                                   _wine cover                              _seat cover
                      _price: $40                                                                           _price: $20                              _price: $30 


My Ideal Business I  market research                                                                                                                                ‐14‐
Market research




                      _sweater turned bag                                                                   _stuffed toy 
                                                                                                            _wine cover                              _stuffed toy
                                                                                                                                                      _seat cover
                      _price: $40                                                                           _price: $80
                                                                                                            _price: $20                              _price: $45
                                                                                                                                                      _price: $30 


My Ideal Business I  market research                                                                                                                                 ‐15‐
SWOT
                                                                Strength                                                                          Weakness
                                                                _personal‐styling‐service                                                         _customized stuff toy may    
                                                                _tailor‐designed & handmade                                                          increase the production time
                                                                _special edition                                                                  _low‐brand awareness
                                                                _affordable price


                                                                Opportunities                                                                     Treats
                                                                _brand  creation through different                                                _availability  of raw material
                                                                   product range                                                                  _risk of few orders
                                                                _brand awareness through NGO’s
                                                                _close relationship with customers




My Ideal Business I  swot analysis                                                                                                                                                  ‐16‐
Work methodology




                                                front stage                                                                                          3 Teams 




My Ideal Business I  work methodology                                                                                                                      ‐17‐
Process flow
      Collection Process
                                                                                                    Online                 Process 
                                                                   Customer 
                        Collection of raw                                                                                   order
                            material

                                                                                                  Acknowledgement                      Order information

            warehouse
                                                                              Confirmation and                             Customer                     Credit card        Cyber 
                                                                                delivery date                              database                     verification       check
                            Transportation 


                                                                                                                                       Order information
            Fabrication
             According to 
              design and 
           availability of raw                                                                                                                       Product type and 
                material                                                                                                   Ship order                                    Inventory 
                                                                                                                                                         Amount 




My Ideal Business I  process flow chart                                                                                                                                          ‐18‐
Organizational structure

                                                                                         Director

         Marketing                                                          Senior staff (1)                                                          Accountant
         manager (1)                                                                                                                                      (1)
                                                                            Ground staff (2)
                                                                                                                                                     Helper (2)


My Ideal Business I  organizational structure                                                                                                                      ‐19‐
My Ideal Business I  product range                                                                                                                   ‐20‐
Time line




                                      1. Implementing                        1. Research of sweater                                1. Selling products all    1. To hit the  Asia 
                                      Business                               collection centers, NGO’s                             over Europe and            market of kids toys 
                                      proposal into                          and fabrication units                                 North America with         with opening 
                                      action                                                                                       new and creative toys      exclusive retail 
                                                                             2. Launch of website with                             line                       outlets 
                                      2. Planning for                        all details and product 
                                      finance                                available in market before 
                                                                             Christmas
My Ideal Business I  time line                                                                                                                                                       ‐21‐
Communication




My Ideal Business I  communication                                                                                                                   ‐22‐
Packaging


                                                                           Adjustable box for different 
         Cartoon character face                                                     size toys  
        printed on top of the box




                                                                                                                                                     Puzzle game inside each 
                                                                                                                                                               box 
My Ideal Business I  packaging  concept                                                                                                                                         ‐23‐
Thankyou



       Contact  I email: bansalpan@gmail.com

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upcycling vintage cashmere sweaters into stuffed toys

  • 1. My Ideal Business Upcycling vintage cashmere sweaters into kids  stuffed toys  Presented by : Pankaj bansal Domus Academy I  Master’s in Business Design 2009
  • 2. Content  Concept for sustainable business Business proposal  Brand values  Potential market  Why cashmere sweaters and benefits  Potential user and buyer  Child safety  Market research and SWOT analysis   Work methodology and organizational structure   Work Process  Distribution  Communication  Packaging  Financial  My Ideal Business  I  content                                                                                                          ‐1‐
  • 3. What would make an improved system Economical Viable ? My Ideal Business  I  key values                                                                                                       ‐2‐
  • 4. What would make an improved system Feasible ? My Ideal Business  I  key values                                                                                                       ‐3‐
  • 5. What would make an improved system Desirable ? My Ideal Business  I  key values                                                                                                       ‐4‐
  • 6. Concept for sustainable business….. My Ideal Business  I  concept for sustainable business                                                                                 ‐5‐
  • 7. my Business proposal !! Upcycling Vintage cashmere sweaters into stuffed toys
  • 8. Brand values Vision To provide toy with honesty, which is detailed and easy to understand the information about the composition and purity of the toy Mission To offer wide range of different kind of cashmere sweater, turned into kids stuff toys & to encourage people to reuse their old and waste sweater in a meaningful manner Offers Opportunity to explore & have fun with old and waste cashmere sweaters in different shapes and styles. keywords _personal‐styling‐service _opportunity to design‐it‐yourself _tailor‐made _handmade My Ideal Business  I  brand values                                                                                                     ‐7‐
  • 9. potential market North America Europe Source : NPD POS data for 2008 (EU & AU)  and NPD consumer tracking for US  My Ideal Business I  potential market  ‐8‐
  • 10. Why cashmere sweaters ? Cashmere sweater Origin : India My Ideal Business I  why cashmere sweaters                                                                                                         ‐9‐
  • 11. How ? Sweater recycling boxes  Fabrication in INDIA My Ideal Business  I  how the system works                                                                                             ‐10‐
  • 12. Benefits to the customers Online purchase A chance to customize a quality product at affordable price Converting old and vintage cashmere sweaters into desired stuff toys with same elements as used in the Sweater Having a personal‐detailing‐styling‐service Teach customers how to take care of there Cashmere made toys My Ideal Business I  benefits to the customers                                                                                                     ‐ 11‐
  • 13. Potential buyer and user ? _user   kids  _Age               5 ‐ 12yrs _location          any _buyer  women's  _location          any _occasion  any _purpose  gift’s  explore  _activity  housewife mother professional         My Ideal Business I  buyer and user                                                                                                                ‐12‐
  • 14. Child safety customer safety under European  directives textile safety in product for kids  Safety Certificates  My Ideal Business I  child safety                                                                                                                  ‐13‐
  • 15. Market research _sweater turned bag _wine cover _seat cover _price: $40  _price: $20  _price: $30  My Ideal Business I  market research                                                                                                               ‐14‐
  • 16. Market research _sweater turned bag _stuffed toy  _wine cover _stuffed toy _seat cover _price: $40  _price: $80 _price: $20  _price: $45 _price: $30  My Ideal Business I  market research                                                                                                               ‐15‐
  • 17. SWOT Strength  Weakness _personal‐styling‐service  _customized stuff toy may     _tailor‐designed & handmade  increase the production time _special edition _low‐brand awareness _affordable price Opportunities  Treats _brand  creation through different  _availability  of raw material product range _risk of few orders _brand awareness through NGO’s _close relationship with customers My Ideal Business I  swot analysis                                                                                                                      ‐16‐
  • 18. Work methodology front stage  3 Teams  My Ideal Business I  work methodology                                                                                                              ‐17‐
  • 19. Process flow Collection Process Online  Process  Customer  Collection of raw  order material Acknowledgement  Order information warehouse Confirmation and  Customer  Credit card  Cyber  delivery date  database verification check Transportation  Order information Fabrication According to  design and  availability of raw  Product type and  material  Ship order Inventory  Amount  My Ideal Business I  process flow chart                                                                                                            ‐18‐
  • 20. Organizational structure Director Marketing Senior staff (1) Accountant manager (1) (1) Ground staff (2) Helper (2) My Ideal Business I  organizational structure                                                                                                      ‐19‐
  • 22. Time line 1. Implementing  1. Research of sweater  1. Selling products all  1. To hit the  Asia  Business  collection centers, NGO’s  over Europe and  market of kids toys  proposal into  and fabrication units North America with  with opening  action  new and creative toys  exclusive retail  2. Launch of website with  line  outlets  2. Planning for  all details and product  finance    available in market before  Christmas My Ideal Business I  time line                                                                                                                     ‐21‐
  • 24. Packaging Adjustable box for different  Cartoon character face   size toys   printed on top of the box Puzzle game inside each  box  My Ideal Business I  packaging  concept                                                                                                            ‐23‐
  • 25. Thankyou Contact  I email: bansalpan@gmail.com