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Cool deals on designer
        wear


       Barot Krishma K. (11MBA004)
       Patel Shivangi H. (11MBA068)
IDEA LINE
• Sell Indian designer clothes at a discount.
About Radhika Dhawan
• She is 26 year girl who always had a
  fascination for the fashion industry which
  reflected in her academic and career choices.
• She went to UK for a post graduate course in
  retail management.
• She loved online shopping.
• She loved her job in GAS Italian fashion
  brand. But she wanted to do something on
  her own.
Business At Glance
• Starting capital Rs. 5 lakhs.
• Raising money by loan from family and friends.
• First customer at first exhibition was “target
  customer”, a fashion conscious individual and an
  a lister in town.
• The fact that people were present outside
  the venue of her exhibition before an hour.
• Biggest difficulty is to getting more designer to
  partner with her.
Business Idea
• Finding Gap:
• While online shopping she couldn’t find any Indian
  designers online even though the Indian fashion
  scene booming.
• With an entrepreneurial background, she saw no
  reason why she couldn’t be the one to change that.
  It is for her the perfect blend of fashion and
  business.
• So with an understanding of the international and
  Indian fashion scenario, she decided to start her
  own e-commerce company in 2008, retailing multi-
  designers and catering primarily to women.
Business Strategy
• She started fleshing out the idea-of selling
  finished samples.
• Stocks from previous seasons and export
  surplus of designer clothes at heavy discounts.
• She got the help of her mother, who used to be
  the head of corporate communication at
  Raymond, and her father, who is a manufacturer
  and exporter of leather goods.
Fashion Portal
• Radhika Dhawan, director of First Row, an
  online fashion portal and a boutique.
• Ludhiana in the course of some fashion
  research. She was holding an exhibition of
  designer garments.
• To observe the buying behavior of the rich and
  flamboyant women of Punjab.
Marketing Plan
• An important aspect of her marketing plan was
  the setting of pop-up stores across the country.
• She realized that to make fashion accessible
  and affordable to women who only thought of it
  as inspirational and to help them overcome the
  intimidation of walking into a designer store.
• It was important to give them the touch and the
  feel of the products.
First Step towards Business
• Setting up the e-commerce venture, she first
  started First Row’s “Super Special Designer
  Sales” or the boutique.
• A multi-designer boutique targeting metros and
  smaller metros. Though the client was very
  niche.
• She quickly learnt that while money was hardly a
  challenge in small towns, availability and choice
  certainly wear.
Hurdles in Radhika’s Path

• Two major hurdles:
1. people       rarely      bought     designer
   wear, unless it was for an occasion.
2. It was going to be a challenge to break
   into a brick-and-mortar dominated
   market.
   “I didn’t get into it this won’t work. I want
   to make this work any how.”
Covered Cities
•   Ludhiana
•   Chandigarh
•   Ahmadabad
•   Pune
•   Hyderabad
Business Tie ups
•   Narendra kumar
•   Gauri and Nainika
•   Gaurav Gupta
•   Rajesh Pratap singh
•   Rohit Bahl
•   Malini Ramani
•   Varun Bahl
THANK YOU

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Krishma

  • 1. Cool deals on designer wear Barot Krishma K. (11MBA004) Patel Shivangi H. (11MBA068)
  • 2. IDEA LINE • Sell Indian designer clothes at a discount.
  • 3. About Radhika Dhawan • She is 26 year girl who always had a fascination for the fashion industry which reflected in her academic and career choices. • She went to UK for a post graduate course in retail management. • She loved online shopping. • She loved her job in GAS Italian fashion brand. But she wanted to do something on her own.
  • 4. Business At Glance • Starting capital Rs. 5 lakhs. • Raising money by loan from family and friends. • First customer at first exhibition was “target customer”, a fashion conscious individual and an a lister in town. • The fact that people were present outside the venue of her exhibition before an hour. • Biggest difficulty is to getting more designer to partner with her.
  • 5. Business Idea • Finding Gap: • While online shopping she couldn’t find any Indian designers online even though the Indian fashion scene booming. • With an entrepreneurial background, she saw no reason why she couldn’t be the one to change that. It is for her the perfect blend of fashion and business. • So with an understanding of the international and Indian fashion scenario, she decided to start her own e-commerce company in 2008, retailing multi- designers and catering primarily to women.
  • 6. Business Strategy • She started fleshing out the idea-of selling finished samples. • Stocks from previous seasons and export surplus of designer clothes at heavy discounts. • She got the help of her mother, who used to be the head of corporate communication at Raymond, and her father, who is a manufacturer and exporter of leather goods.
  • 7. Fashion Portal • Radhika Dhawan, director of First Row, an online fashion portal and a boutique. • Ludhiana in the course of some fashion research. She was holding an exhibition of designer garments. • To observe the buying behavior of the rich and flamboyant women of Punjab.
  • 8. Marketing Plan • An important aspect of her marketing plan was the setting of pop-up stores across the country. • She realized that to make fashion accessible and affordable to women who only thought of it as inspirational and to help them overcome the intimidation of walking into a designer store. • It was important to give them the touch and the feel of the products.
  • 9. First Step towards Business • Setting up the e-commerce venture, she first started First Row’s “Super Special Designer Sales” or the boutique. • A multi-designer boutique targeting metros and smaller metros. Though the client was very niche. • She quickly learnt that while money was hardly a challenge in small towns, availability and choice certainly wear.
  • 10. Hurdles in Radhika’s Path • Two major hurdles: 1. people rarely bought designer wear, unless it was for an occasion. 2. It was going to be a challenge to break into a brick-and-mortar dominated market. “I didn’t get into it this won’t work. I want to make this work any how.”
  • 11. Covered Cities • Ludhiana • Chandigarh • Ahmadabad • Pune • Hyderabad
  • 12. Business Tie ups • Narendra kumar • Gauri and Nainika • Gaurav Gupta • Rajesh Pratap singh • Rohit Bahl • Malini Ramani • Varun Bahl