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FashionKonnectFashion for everyone
Marketing Plan for Mobile Application
Executive Summary
About FashionKonnect
● The mobile application shall connect Fashionistas who look to rent
apparels and the apparel owners
● It is important to bring all fashionistas on one platform to share apparels
and knowledge about fashion
● The purpose of creating a well-connected community of fashionistas can
only be fulfilled when many are on-board
Situation Analysis
Fashion in today’s world
● Modernisation has played an important role in shaping our lives
● One of the aspects of our modern day lives is clothing
● The changing fashion trends and their quick adaptation by the society is
clearly observed
● Not all can afford the clothing they wish to wear
● Neither the apparel owners wear it all the time
Market Overview
● Currently, the fashional rental companies own the apparels they rent
● With this application, those looking to rent apparel can connect to owners
of the apparels
● FashionKonnect shall not not own any apparel
● Target Customers :
- People looking to rent apparel
- Apparel owners
- Fashionistas
Goal
Goal
● The aim is to bridge the gap between FASHIONISTAs looking to rent
apparels and the owners
● Create a community of fashionista’s with
- Easy access to world of apparels
- At affordable prices
- Create opportunities for owners
- Well-connected community of fashionistas
Strategy
Target Customers
Target Customers :
● People looking to rent apparel
● Apparel owners
● Fashionistas
Competitors
Collaborators
Delivery Partner Rental Stores
Payment Partner
Value Proposition
Easy access to variety of apparels
Opportunity to earn by renting apparels
Connected network of fashionistas
Tactics
Product - Mobile Application
● The app interface can run into 2 modes
- Lessor
- Lessee
● Under Lessor mode, the user can list multiple apparels he/she wants to
give for rent
● Under Lessee mode, the user can see a list of apparels for the certain
category he/she wants to rent
● Each user must have a verified profile to access the services
Service
● Connects the lessor and the lessee through the application
● Mediator for the apparel rental
● Providing earning opportunities for the lessors
● Spreading fashion knowledge through the app interface to the
fashionistas
Brand
● A company creating a well-connected community of fashionistas
● To be known for fashion knowledge transfer across geographical and
cultural segments
Price
Free Version
The lessor and lessee can connect through the app and decide delivery (by
lessor) or pickup (by lessee) of the apparel
Paid Membership
The company delivers and picks up apparels. The members receive invites for
exclusion events like Fashion Weeks
Communication & Promotion
● College fest promotional events
● Lifestyle clubs at city or college level
● Magazine collaborations and events
● Exclusion events like fashion week
● Special services for new user profiles through referral code
Implementation
Infrastructure
Workspace for building the mobile application
Delivery scooters for the delivery of apparels
Parking space for the delivery scooters
Packaging material for the transport of apparels to avoid damage
Business Processes
Building the mobile
application
User Profile Management
Processes
Outreach Programs
Partner Management
Delivery Process
Mapping
Scheduling Aspects
Launch in base city
3k user profiles within 6 months
5k user profiles within after 1 year
Introduction of Paid Membership after 1 year
Expansion to other cities
Replication of similar timelines
Control
Evaluation Metrics
● User feedback
● New user profiles for a period
● Rentals per user profile per period
● Rate of conversion to Paid membership per user profile
● Customer service efficiency
● Mobile application bug recovery
Challenges
● Fake user profiles
● Accumulation of inactive user profiles
● Bad user experience
● Apparel damage
Thank You !!
Disclaimer
This presentation was made by Shruti Madavi, IIT Bombay under the
guidance of Prof. Sameer Mathur, IIM Lucknow

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Connect Fashionistas through FashionKonnect

  • 1. FashionKonnectFashion for everyone Marketing Plan for Mobile Application
  • 3. About FashionKonnect ● The mobile application shall connect Fashionistas who look to rent apparels and the apparel owners ● It is important to bring all fashionistas on one platform to share apparels and knowledge about fashion ● The purpose of creating a well-connected community of fashionistas can only be fulfilled when many are on-board
  • 5. Fashion in today’s world ● Modernisation has played an important role in shaping our lives ● One of the aspects of our modern day lives is clothing ● The changing fashion trends and their quick adaptation by the society is clearly observed ● Not all can afford the clothing they wish to wear ● Neither the apparel owners wear it all the time
  • 6. Market Overview ● Currently, the fashional rental companies own the apparels they rent ● With this application, those looking to rent apparel can connect to owners of the apparels ● FashionKonnect shall not not own any apparel ● Target Customers : - People looking to rent apparel - Apparel owners - Fashionistas
  • 8. Goal ● The aim is to bridge the gap between FASHIONISTAs looking to rent apparels and the owners ● Create a community of fashionista’s with - Easy access to world of apparels - At affordable prices - Create opportunities for owners - Well-connected community of fashionistas
  • 10. Target Customers Target Customers : ● People looking to rent apparel ● Apparel owners ● Fashionistas
  • 12. Collaborators Delivery Partner Rental Stores Payment Partner
  • 13. Value Proposition Easy access to variety of apparels Opportunity to earn by renting apparels Connected network of fashionistas
  • 15. Product - Mobile Application ● The app interface can run into 2 modes - Lessor - Lessee ● Under Lessor mode, the user can list multiple apparels he/she wants to give for rent ● Under Lessee mode, the user can see a list of apparels for the certain category he/she wants to rent ● Each user must have a verified profile to access the services
  • 16. Service ● Connects the lessor and the lessee through the application ● Mediator for the apparel rental ● Providing earning opportunities for the lessors ● Spreading fashion knowledge through the app interface to the fashionistas
  • 17. Brand ● A company creating a well-connected community of fashionistas ● To be known for fashion knowledge transfer across geographical and cultural segments
  • 18. Price Free Version The lessor and lessee can connect through the app and decide delivery (by lessor) or pickup (by lessee) of the apparel Paid Membership The company delivers and picks up apparels. The members receive invites for exclusion events like Fashion Weeks
  • 19. Communication & Promotion ● College fest promotional events ● Lifestyle clubs at city or college level ● Magazine collaborations and events ● Exclusion events like fashion week ● Special services for new user profiles through referral code
  • 21. Infrastructure Workspace for building the mobile application Delivery scooters for the delivery of apparels Parking space for the delivery scooters Packaging material for the transport of apparels to avoid damage
  • 22. Business Processes Building the mobile application User Profile Management Processes Outreach Programs Partner Management Delivery Process Mapping
  • 23. Scheduling Aspects Launch in base city 3k user profiles within 6 months 5k user profiles within after 1 year Introduction of Paid Membership after 1 year Expansion to other cities Replication of similar timelines
  • 25. Evaluation Metrics ● User feedback ● New user profiles for a period ● Rentals per user profile per period ● Rate of conversion to Paid membership per user profile ● Customer service efficiency ● Mobile application bug recovery
  • 26. Challenges ● Fake user profiles ● Accumulation of inactive user profiles ● Bad user experience ● Apparel damage
  • 28. Disclaimer This presentation was made by Shruti Madavi, IIT Bombay under the guidance of Prof. Sameer Mathur, IIM Lucknow