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A STUDY ON MARKETING STRATEGIES OF SOCH APPARELS, BALLARI

INDEX

CHAPTER – 1………………………………………………………………………..…….2-9
INTRODUCTION....................................................................................................................3
OBJECTIVES ..........................................................................................................................7
SCOPE ..................................................................................................................................8
LIMITATIONS ........................................................................................................................9

CHAPTER – 2…………………………………………………………………………..….10-13

RESEARCH METHODOLOGY...............................................................................................11

CHAPTER – 3……………………...........................................................14-43

LITERATURE REVIEW..........................................................................................................15
INDUSTRY PROFILE ............................................................................................................17
COMPETITION ANALYSIS………………………………………………………………………………………..……..20
COMPANY PROFILE............................................................................................................27
DEALER PROFILE................................................................................................................32
PRODUCT SPECIFICATIONS................................................................................................33
AREA PROFILE....................................................................................................................37
THEORETICAL BACKGROUND............................................................................................38

CHAPTER – 4……………………………………………………………………...………44-57

DATA ANALYSIS AND INTERPRETATION ..........................................................................45

CHAPTER – 5……………………………………………………………………….……..58-65

FINDINGS ...........................................................................................................................59
SUGGESTIONS.....................................................................................................................60
CONCLUSION......................................................................................................................61
BIBLIOGRAPHY……………………………………………………………………………………………………………….62
ANNEXURE……………………………………………………………………………………………………………………..63

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CHAPTER - 1

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INTRODUCTION

Indian Women’s Wear Market has grown rapidly in recent years as women's clothing has become
increasingly accepted due to increased disposable income & increased employment of women.
India's religious & cultural diversity, where various opportunities are celebrated, is one of the
major drivers of the women's wear market in this country.

Every woman prefers to look beautiful without losing the essence of her unique charm. Prices are
not a big issue for women these days, especially for the working class. Most of them are financially
independent and expect clothes that enhance their self-esteem. These factors are driving the growth
of the market. The industry has grown rapidly, transforming traditional clothing into modern
designs. It's about blending ethnic and western clothing to connect with young people. Factors
such as economic growth, ease of payment & other seamless experiences are driving the demand
in the market.

Denim clothing is more popular in metropolitan areas such as Delhi and Bangalore, where
consumers own twice as much denim clothing as consumers in other regions. Women like high-
quality clothing and are willing to pay high prices for clothing that meets their expectations. The
presence of natural fibers is an important identifier for high-quality garments.

The demand for traditional clothing is very high, but there is a working-class that is a small part
of the female population who choose formal clothing. They prefer Western costumes and
contribute largely to the consumption of formal clothing. Today's women try to create their own
ensembles. They test clothing mixing and matching to create a new look. They prefer a favorable
environment for privacy and shopping.

India is becoming an increasingly central fashion industry, reflecting the rapidly expanding middle
class and fast-growing manufacturing industry. Strong economic fundamentals and tech-savvy,
have made India so important that international brands cannot miss this market.

To gain momentum in the traditional store environment, Indian players are focusing on innovation.
Retailers are using technology to enhance their shopping experience with digital marketing
displays.

Increasing disposable income for women and the standard lifestyle of female consumers raise
consumer interest in fashion trends. The proliferation of social media such as Facebook, Instagram,
Twitter, and other fashion blogs is driving awareness of the latest apparel trends and driving the
growth of the Indian women market. India's religious and cultural diversity, where various festivals
are celebrated, is one of the major drivers of the women wear market.

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Ethnic wear for women is divided into three main categories: sarees, salwar kameez, and blouse
dresses. Sari is perhaps the quintessential Indian wear for women and has a market price of Rs
36,035 crore. This is the most widely accepted women's wear in India. Although there is expected
to be a market shift from saree to salwar kameez or western clothing in urban and semi-urban
markets, saree will always be the predominant category of older and middle-aged women across
throughout urban and rural India. Surat, Varanasi, Ahmedabad, and Mumbai are some of the main
centers of saree making. Salwar kameez is another dominant genre in national dress. The level of
comfort offered by the salwar kameez has made it popular among working women. In rural India,
salwar kameez remains the preferred choice of young women.

Western clothing for women is classified into casual western clothing and formal western wear.
Denims are the most popular women's casual wear. Formal wear is another promising segment of
Western clothing. The increasing number of working women has led to a demand for formal wear.
Companies are starting to realize the need of the hour and focus on exploiting this segment. Today's
working woman is very concerned with her image. They are willing to experiment and do not want
to be left behind in this fashion era.

Contributing 38 per cent to the total apparel market of the country, the women’s wear segment is
fast moving with proliferation in the number of working women, which has led to increased
purchasing power of the Indian women. Although the women’s wear space is still largely
dominated by unorganized players, in the recent times, many modern players of national and
international repute have started entering the market. Technopak sizes up the market and outlines
the opportunities teeming in this segment.

The women’s wear market in India is emerging as a high growth potential market. International
players are showing interest and it is becoming more organized. It is also estimated that it will
grow at a higher rate than men’s wear in the country.

The increasing penetration of Internet, the increasing purchasing power of the women, high brand
consciousness and fashion sense has made e-commerce an important medium of shopping. The
online market is one of the major reasons in the growth of branded and premium inner wear in
semi-urban and rural market.

Women have become ready to experiment with fashion. They are exploring options based not only
on the value but also on the brand. E-tailing is also gaining popularity among women, which is
seeing great future prospects. Many online platforms are also coming with ideas of providing
customization to Indian women, when it comes to western formal wear.

Therefore, it will not be incorrect to say that Indian women’s wear market will see some major
changes in the near future.

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This is the 21st century where what clothes we wear defines a major part of our personality. Our
youngsters are heavily influenced by western trends, but the love for ethnic wear is always going
to prevail. Most of the women prefer to go the ethnic way when it comes to casual wear and festive
wear and it is because of this reason we have numerous brands and designers coming up with loads
and loads of ethnic wear options to choose from.

Who doesn't love to wear good clothes? With good clothing making a lasting impression on others
we tend to put our best foot forward on important occasions that our close to our heart. Be it a
wedding, a celebration, an office party, an anniversary, college fests, festive occasions, family
gatherings etc., we prefer traditional attire or ethnic
No matter how much we love that one pair of comfy jeans the amount of comfort and grace that a
saree, Kurtis or salwar suit can give is unmatchable. Women of every age, be it a home maker,
celebrity, a working women or a college going girl, ethnic wear is a favorite among all of them.

There is no denying that India is slowly turning into one of the most fashionable countries. With
several ethnic designers and brands coming up with stylish and unique ethnic wear, it’s the dawn
of a new traditional attire wear. These designers and ethnic clothing brands have given our ethnic
wear a global recognition.

It’s not just the adults who love some good ethnic wear but a lot of youngsters have showed their
interests and have taken to Indian ethnic wear which is one the reasons for more and more
designers experimenting with silhouettes to give an amazing fusion look. Indian ethnic wear is
slowly making their way back to the top. Not just us Indians but even women in the west have
showed their love for ethnic brands by sporting stylish ethnic wear from top designer brands in the
recent past. Ever since this happened we can see Indian ethnic wear making an appearance
anywhere.

The crucial part of maintaining good communication between a consumer and company is
Promotion, which aims at informing and persuading different audiences. Promotion is a
combination of actions that enables an organization to create awareness about a Brand, new
product or an existing one. What is more, it stimulates primary and selective demand decreasing
its price elasticity. Other objectives of promotion are encouraging a Product trial, identifying
prospects, retaining loyal consumers or reducing sales fluctuations. It also unites facilitating of
sales with marketing research that enables an organization to receive a Feedback from a market,
which is the main feature of communication process.

In order to achieve and maintain positive relations with consumers companies use Promotion mix
which includes advertising, personal selling, public relations sales promotion as Well the newest
addition- direct marketing. Organizations have a wide range of clearly defined and direct Medias
that facilitate reaching to specified groups of clients with more personalized Messages. New media

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consist of magazines, TV shows, product placements in music videos or Computer games, internet
catalogues and sending e-mails to loyal clients. That combination Creates a narrowcasting strategy,
in other words demising of remittances to narrow publics Diversity of promotion tools is a reason
for organizations to incorporate Integrated Marketing Communication (IMC) that deals with
creating coherent and logic system of Promotion. IMC can be described as idea of integrating and
coordinating communications.

Because of the fact that fashion is extremely wide industry with a high level of Competition, it
requires companies to differentiate themselves using specific techniques that are Characteristic for
the fashion marketing. These methods will be widely discussed in theoretical part of the thesis.
What is more, the assessment will be made which of them are the most likely to influence
customers’ purchase decision.

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OBJECTIVE

● To identify the marketing strategies of the brand in Indian market.

● To evaluate the advertising effectiveness of the different advertisement campaigns.

● To identify different promotional activities performed by the brand in order to mark their
presence in the market.

● To evaluate the customer satisfaction rate of the brand Soch.

● To Measure the Impact of Promotional Efforts by the brand.

● To know consumer response towards the products.

● Identifying market gaps to enhance their marketing strategies.

● Minimizing business risk by evaluating the customer needs and demands.

● Forecasting future trends to sustain in the market.

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SCOPE

● The study covers the marketing strategies performed by the brand.

● The report is directly collected and verified by the organization.

● The extent of product diversity and geographic coverage in the organization.

● The number of market segments served.

● The number of marketing channels used.

● The role of branding.

● The level of marketing effort.

● The role of quality and pricing.

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LIMITATIONS

● The study is limited only to the Bellary market.

● Due to the time constraint the information was gathered from dealer only.

● The information disclosed by the respondent may not be complete.

● Marketing research is not a complete solution to any marketing issue as there are many
dominant variables between research conclusions and market response.

● Marketing research is not free from bias. The research conclusions cannot be verified.
The reproduction of the same project on the same class of respondents give different
research results.

● Inappropriate training to researchers can lead to misapprehension of questions to be asked


for data collection

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CHAPTER - 2

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RESEARCH METHODOLOGY

Research methodology simply refers to the practical “how” of any given piece of research.
More specifically, it’s about how a researcher systematically designs a study to ensure valid and
reliable results that address the research aims and objective.

• What data to collect (and what data to ignore)


• Who to collect it from (in research, this is called “sampling design”)
• How to collect it (this is called “data collection methods”)
• How to analyze it (this is called “data analysis methods”)

In a dissertation, thesis, academic journal article (or pretty much any formal piece of research),
you’ll find a research methodology chapter (or section) which covers the aspects mentioned above.
Importantly, a good methodology chapter in a dissertation or thesis explains not just what
methodological choices were made, but also explains why they were made. IN other words, the
methodology chapter should justify the design choices, by showing that the chosen methods and
techniques are the best fit for the research aims and objectives and will provide valid and reliable
results. A good research methodology provides scientifically sound findings, whereas a poor
methodology doesn’t. We’ll look at the main types of data collected in rescinding.

• Primary Data: Data that has been generated by the researcher himself/herself, surveys,
interviews, experiments, specially designed for understanding and solving the research
problem at hand.

• Secondary Data: Using existing data generated by large government Institutions,


healthcare facilities etc. as part of organizational record keeping. The data is then extracted
from more varied data files. Due to the time constraint and pandemic situations, the study
is based more on secondary data.

The primary data consists of store profile which was collected by personal interview with the store
manager. Wherein the secondary data includes literature review, industry profile, company profile,
model specifications, area profile, theoretical background and data for analysis and interpretation
which was collected from the internet sources.

Since the study has been aiming to examine different fashion marketing strategies used by Soch
as well as evaluate which of them have been the most appealing to the companies' customer base,
the best solutions were to acquire the data from different perspectives.
That is why the nature of data gathering was both qualitative and quantitative. Mixed methods are
usually used to develop a more complete understanding of a stated problem or to examine

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processes/ experiences along with outcomes. To begin with, qualitative research focuses on words
instead of numbers. Hence, it may get a lot of criticism that the research method is too subjective
or hard to replicate.

Data Collection

Data collection was based on two types of data, secondary data and the primary one. The secondary
data is extremely useful in better understanding the problem behind the research questions. In this
case it was derived from the fashion marketing literature, scholar articles, fashion blogs and
companies' websites. The primary data is generally defined as observations, experiments,
questionnaires and interviews. It included a semi-structured interview with the assistant marketing
manager of reserved brand. What is more, questionnaires with mostly close-ended questions were
provided to polish students through an online platform. Interview questions as well as
questionnaire questions were designed in the manner not to be influenced by an interviewer,
however it cannot be guaranteed that individuals were not affected by any disturbances in their
environment.

Hence, the study is to a large extent grounded on secondary sources in order to grasp information
missing in the interview and questionnaires. The sources were examined thoroughly to meet the
requirements for validity and reliability. The approach called systematic combining was used when
analyzing the data, which is not focused on verification and accuracy. It is rather claimed that
multiple sources may contribute to discovering new dimensions of the research problem.

The questionnaires covered students, which represent fashion consumers. On the other
Hand, the interview presented professionals' perspective.
However, time span, geographic distance and language barrier did not leave much choice to
conduct wider research. Though, the questionnaires and interview helped to generate data about
the most effective fashion marketing strategies used by high street fashion brands, yet with a higher
number of participants especially marketing directors, visual merchandisers and sales assistants
the results would be more valid. When it comes to validity of secondary data it was derived from
the topic-oriented literature and fashion marketing websites. Because of the fact that this data is
based on scholars’ knowledge and fashion experts’ opinions as well as companies' published
information, it is likely to be valid.

Reliability of the research could be questioned. The primary data was collected through
The online surveys and interview, so it cannot be certain that respondents were completely honest
band the accuracy of the responses cannot be guaranteed. Although data was gathered from
different sources, the results might vary depending on time, geographical area and people. As
previously mentioned, compared to other industries, the fashion market is extremely fast paced.

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Subsequently, the results may vary in the case of different time span or with a higher number of
participants. Nevertheless, if the same sampling methods would be practiced in near future,
surpassingly results could be similar, hence reliability of the study is likely to be suitable.

Primary Data
The data following subchapters is derived from qualitative as well as quantitative studies
Which were conducted in the form of a semi- structured interview and online questionnaires. The
collected data is analyzed.

Secondary Data: Using existing data generated by large government Institutions, healthcare
facilities etc. as part of organizational record keeping. The data is then extracted from more varied
data files.
Due to the time constraint and pandemic situations, the study is based more on secondary data.
The primary data consists of store profile which was collected by personal interview with the store
manager. Wherein the secondary data includes literature review, industry profile, company profile,
model specifications, area profile, theoretical background and data for analysis and interpretation
which was collected from the internet sources and sales records of the store.

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CHAPTER - 3

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LITERATURE REVIEW

Marketing strategy is a construct that lies at the conceptual heart of the field of strategic
Marketing and is central to the practice of marketing. It is also the area within which many of the
most pressing current challenges identified by marketers and CMOs arise. We develop a new
conceptualization of the domain and sub-domains of marketing strategy and use this lens to assess
the current state of marketing strategy research by examining the papers in the six most influential
marketing journals publishing such papers over the period 1999 through 2017. We uncover
important challenges to marketing strategy research—not least the increasingly limited number
and focus of studies, and declining use of both theory and primary research designs.

However, we also uncover numerous opportunities for developing important and highly relevant
new marketing strategy knowledge—the number and importance of unanswered marketing
strategy questions and opportunities to impact practice has arguably never been greater. To guide
such research, we develop a new research agenda that provides opportunities for researchers to
develop new theory, establish clear relevance, and contribute to improving practice.

Developing and executing marketing strategy is central to the practice of marketing. Recent reports
regarding the top challenges facing marketers reveal numerous questions within the domain of
marketing strategies. As a result of its centrality to practice, marketing strategy is also a key area
of business school pedagogy, pivotal in marketing theory explanations of firm performance, and a
focus of inquiry among academic researchers.

The major review of research in marketing strategy was undertaken by Varadarajan


& Jayachandran (1999). Clearly, much has happened in the worlds of both practice and research
in the past twenty years, making the present study needed and timely. This study therefore
undertakes a comprehensive review of the strategic marketing literature since 1999, with three
specific objectives:

(a) To develop a framework through which to assess the current state of research conducted within
marketing strategy.

(b) To illuminate and illustrate the “state of knowledge” in core sub-domains of marketing strategy
development and execution.

(c) To develop a research agenda identifying aspects of marketing strategy that require greater. In
addressing these objectives, this study makes a number of contributions to strategic.

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Definition of marketing strategy:

“Marketing strategy is an organization’s integrated pattern of decisions that specify its


Crucial choices concerning products, markets, marketing activities and marketing
Resources in the creation, communication and/or delivery of products that offer value to
Customers in exchanges with the organization and thereby enables the organization to
Achieve specific objectives.” (Varadarajan)

In line with this, the marketing literature broadly indicates that a firm’s marketing efforts
Impact its marketplace and economic performance through the formulation and implementation of
specific patterns of resource deployments designed to achieve marketing objectives in a target
market.

This formulation-implementation perspective suggests that goal setting and marketing strategy
development systems are used as future-oriented decision-making frameworks to define desired
goals and identify and select marketing strategy options that may enable these goals to be
accomplished, followed by a period of enactment in which firms seek to operationalize the
intended marketing strategy decisions to achieve the desired goals.

From this perspective, marketing strategy formulation involves managers making explicit “what”
decisions regarding goals and the broad means by which they are to be accomplished in terms of
target market selection, required value offerings and desired positioning, timing, etc. While the
literature has consistently distinguished between strategy formulation and implementation, both
the marketing and strategic management literature.

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INDUSTRY PROFILE

The Indian apparel industry is the second largest contributor in the retail industry after food and
grocery. The promising growth rate of 8.1 percentage makes the Indian fashion industry prominent
in the retail sector. Indian domestic apparel market is estimated to be US $54 billion in 2018 and
will grow at a CAGR of 8.1 percent in the next decade and is projected to grow to US $118 billion
by 2028.

India has the world’s largest youth population, which is becoming fashion conscious owing to
mass media and social media penetration. This has opened unprecedented retail market
opportunities. With a GDP growth rate of 7.2 percent, India has an edge over developed markets
of the US and EU, which are growing at ~2 percent and ~2.5 percent respectively. The developing
nations will drive future apparel consumption globally and India is one of the major consuming
nations. Favorable trade policies, increased penetration of organized retail, among other factors,
contribute to making the Indian fashion industry attractive for investors.

INDIAN ETHNIC WEAR MARKET


The total share of the Indian ethnic wear market is approximately US $17.18 billion (`112,893
crores) and stands for approximately 32 percent of the total Indian apparel market and is expected
to grow in the future. The ethnic wear segment includes men’s ethnic wear, women’s ethnic wear,
boys wear and girl’s wear.

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The women swear segment is the single biggest category in Indian ethnic wear with a share of 81
percent in the total category. The increasing consumer demand of Indian wear segment can be
estimated with the increasing scale of brands like Manyawar, Biba, W, FabIndia, etc. These brands
focus on making the shopping experience easy and are coming up with ideas like fusion wear,
which is both Indian and easy to carry. Online presence of big ethnic wear brands and acceptance
of ethnic wear among youth have also given rise to this sector. Men’s and women’s ethnic wear
together contributes around 90 percent to the sector. The increasing acceptability of people towards
Indian wear has given rise to the segment.

The kids’ ethnic wear market was approximately US $1.6 billion in 2018 and is expected to grow
at a CAGR of approximately 8 percent by 2028. Brands like BIBA and First Cry offers a huge
variety in kids’ ethnic wear. For Diwali season 2019, First Cry promoted its ethnic wear
merchandise through a video that was uploaded on their YouTube channel and was also promoted
through television. Brands are catering to this segment and see
Huge growth potential in the sector.

Increasing acceptance of ethnic wear has opened new doors for brands like Flyrobe, Stage 3, Rent
a Closet, The Clothing Rental and many more. These brands offer ethnic wear by renowned
designers and make them affordable for the normal public. In recent years, there has been an
increase in companies offering the rental service especially in ethnic wear. As the Indian ethnic
wear market is expected to grow in the coming years the brands offering rental service are also
expected to increase their business.

In recent years, ethnic wear is not only occasional wear; it has become part of our everyday wear
as well, especially in women swear. Traditionally, ethnic wear was difficult to carry on a daily
basis and with Indians turning towards western wear, the acceptance of ethnic wear declined.
Brands came up with the concept of fusion wear and everyday ethnic wear like kurta, pants and
leggings, which is also easy to wear.

With an upcoming concept of comfortable clothing at the workplace, many companies have started
to accept ethnic wear like kurta and Indian dresses as part of Formal wear. Also, in recent years
there has been an increase in the number of working women which has impacted the acceptance
of ethnic wear at workplaces around the country.

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• THE INCLINATION OF YOUTH TOWARDS ETHNIC WEAR:

India has the lowest median age across key developed and emerging countries of the world. These
younger consumers are indulgent and are well-travelled, brand conscious and well connected.
They have higher spending power and are open to experiment and explore. There has been a
decline in age dependency (the ratio of the dependent population size to the working-age
population size). This has led to an increase in the family overall income which in return has led
to a rise in disposable income thus increasing the overall buying capacity of Indians. Increased
buying capacity of youth has led to an overall increase in their spending on apparel, thus increasing
their spending on ethnic wear. The inclination of Indian youth has increased towards ethnic wear,
as it has become comfortable and more fashionable.

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COMPETITION ANALYSIS

The world has been fascinated by the evolution of Indian women's fashion over the years. The
Indian apparel industry has broadened, and India is clearly becoming one of the most fashionable
countries of the world. With India having the world's largest youth population, all of which are
turning fashion conscious owing to mass media and social media penetration. This has also opened
gates for more innovation and competition within the fashion industry. India is blessed to have
some of the most amazing ethnic brands which include a number of renowned designer wear sold
by fashion designers as well as some equally good local brands catering to the needs of Indian
women.

There is no doubt that the Indian fashion economy and the rate at which it is growing owes its
transformation to some of our extremely talented Indian designers who put their heart and soul and
made a mark globally. Their unique style and creations have left celebrities and fashion-conscious
women speechless.

With India compromising women of different nature, culture and class, the fashion apparel has
varied substantially across the country. The demand in apparel leans more towards ethnic wear.
Western wear might be getting all the love as the increase in number of working women has fueled
the women’s western wear market. But many working women prefer a simple Salwar-kameez or
a Saree for its traditional neat approach and the comfort level is has to offer. With western trends
gaining leverage in India, it has given way to a new ethnic form known as the fusion wear, having
elements of both Indian and western to it.

Women's wear in India has been dominated by ethnic wear with a total whopping share of 66%,
clearly showing that ethnic wear is the domination apparel when it comes to clothing in India.

Online shopping has taken over India rapidly and Indians have opened up to e-commerce. It has
touched every person's life. One of the things that has seen a phenomenal change is the apparel
sales for online shopping has bridged the gap between brands and consumers. Availability is no
more an issue. Many apparel brands who do not have their retail outlets in semi urban areas have
been able to reach the whole of India via E-commerce. Hence Indians now have wide range of
good quality apparel delivered to their doorstep.
In India, with improvised quality and trends provided to consumers by various fashion labels,
people have taken to apparel which is premium and have huge discounts on them. One of the most
sold out and discounted apparel is the ethnic wear which has led to many e-tailors to launch their
private fashion labels to meet the demands of the consumer. The best part about shopping ethnic

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Indian wear online is that you can return if you do not like the color/print or fit of the fabric you
have bought plus you can buy the apparel in any size that fits you. I myself am a great shopper and
have bought tons of ethnic kurtis and anarkalis online and have not been disappointing by the vast
collection of ethnic wear online shopping websites have to offer. Now that festive season
(Dussehra and Diwali right around the corner) is almost here, men and women would want to
flaunt the best of the festive ethnic wear .So we’ve compiled today a list of our favorite brands that
you’ll definitely love to try and will enjoy these outfit pieces like we've enjoyed them. Here we
have tried to answer everything related to your most frequently asked question 'What are the Indian
clothing brands one can invest in?'

Ethnic Wear Brand Names Majority of Indian women prefer to wear ethnic outfits in India, which
is why there are many Indian brands catering to this need. Undoubtedly ethnic wear looks
understated, elegant and you can always add hints of your own style into it as the way you dress
is a reflection the inner you. Few of the famous brands like Global Desi, Soch, Rain & Rainbow
and Biba have a good collection. If you are looking for designer ethnic wear many individual
fashion designers have launched their collections online and our favorite picks among them are
Anushree Reddy, Shymal & Bhumika and Anita Dongre. Buying a designer label would be an
investment as ethnic wear will never go out of fashion and you can flaunt these pieces for a number
of occasions. These designer ethnic outfits are priced at higher rate and not all of them would be
able to afford an outfit from these fashion labels which is why we will be talking about ethnic
brands from both categories, designer fashion labels and affordable yet stylish ethnic band options
for you to choose from.

Just remember that each and every woman’s ethnic wear brands have their own unique sense of
style, whether we talk about their designs, fabrics or their product categories. Knowing beforehand
that they have in their collections will make it easier for you to make a quick and wise decision
while shopping.

Today we will be discussing about few of the most popular Women’s ethnic wear brands that have
taken Indian fashion Industry by a storm. Also, lookout for a few quick tips which we will be
sharing with you about which brand to look for a specific ethnic dress. Also, all of these ethnic
wear brands are available online. Best place to buy Indian clothes online would be Flipkart,
Amazon India, and Paytm Mall, Myntra, Meesho and individual brand website.

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1. BIBA

BIBA is an Indian brand that has played a dominant role in women's ethnic wear segment in India.
They offer contemporary and trendy ethnic wear offline and online at a much-budgeted price. The
popular brand owns a diverse range of ethnic apparel consisting of kurtas, salwar-kameez sets,
dupattas, bottom-wear, Patiala-suits, mix and match apparel, floor-length anarakalis and many
more other combinations. With BIBA you will have the best of trendy ethnic wear as per the
requirement of the event and your mood. The word 'BIBA' is a Punjabi word meaning a young,
pretty girl, and you are sure to look both in it.the most impressive part about BIBA is that it has a
wide range of clothing that offers accumulation for young girls from age two onwards, so next
time your little fashionista demands something trendy for festive wear you know where to shop
from.
We love their spring-summer collection, mix - match collection and their incredible range of indo
-western outfits.
Biba Fashion is an Indian fashion brand for women and girls founded by Meena Bindra in 1988
from her home in New Delhi, India. It has more than 150 brand outlets and 225 multi-brand outlets.
Biba recorded sales of INR 600 crore in 2014-15.

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2. Rain and Rainbow

If you are fond of a lot of color and traditional Rajasthani elements in your ethnic wear, then
Rain and Rainbow can easily become your one stop destination. This is one of our most favorite
brands to shop from among all the ones we have listed today. All their ethnic outfits have the
rich Indian ethnic sense. Filled with beautiful colors, combinations, eye-pleasing prints, intricate
embroidery and thread work, their traditional collection will definitely help you to get that
perfect ethnic outfit for this festive season.

Rain And Rainbows a lifestyle brand based in Jaipur, India. They bring you the latest
international trends of prints, color and style yet keeping the ethnic Indian look alive.

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3. Global Desi

The name 'Global Desi' says it all. This brand is an Indian-inspired youthful, colorful and boho-
chic label which has a global appeal to all its outfits. Due to its combination of Western and Indian
rich heritage, it is widely popular among the youth of India. Every woman who has a taste for
vibrant Indian prints and rich textures and colors will love their collection! Their latest 2018 festive
collection with Kangana Ranaut as brand ambassador, absolutely gorgeous trendsetting ensembles
up for buying! The brand is a feather from the portfolio of the Anita Dongre Label.
Curated specially for the women who use fashion as a tool to express their individuality, Global
Desi seamlessly fuses two distinct worlds. A coveted fashion name found in 2007, today the brand
is synonymous to a free-spirited, creative, open-minded, and avant-garde attitude. Each collection
is predominantly inspired by India’s rich heritage of colours, textures, and prints which are
combined together to appeal to an international audience as well as closer home. Global Desi is
currently available at 117 exclusive brand outlets and 272 multi-brand stores across the country.
The brand opened its first outlet in Mauritius in 2013.

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4. Rangmanch/Akkriti by Pantaloons

Pantaloons, one of India’s leading fashion and lifestyle retail format launched their in-house lines
that celebrate Indian ethnic styles with their cutting-edge designs. Few of their Ethnic wear
exclusive brands include the mix-n-match range by Rangmanch, fusion wear by Akkriti and
occasion wear by Trishaa. Those who love creating new outfits by mixing and matching their
ethnic pieces will love the Rangmanch collection while those who like unconventional designs and
styles can opt for Akkriti label.

Pantaloons is a playground where we enjoy the privilege of serving our customers to enable
their fashion journey. We strive to make shopping a playful, joyful & engaging experience for
our customers by helping them take steps towards being their fashionable best.

With over 24 years of retailing experience, Pantaloons, a division of Aditya Birla Fashion and
Retail Ltd. is one of the most loved fashion brands in India with 344+ stores spread across
170+ towns and cities in the country. We offer a versatile collection & retail over 100 licensed
and international brands, including our exclusive in-house brands.

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5. W for Woman

'W for Woman' was among the very few to introduce the concept of ‘Mix n Match’
in retail. Popular for its fusion wear, it is one of the most trusted brands when it
comes to ethnic wear brand in India. The brand takes inspiration from the latest
fashion trends & forecasts from the west and transform them into silhouettes and
styles acceptable to the modern Indian woman. Their ethnic wear is by far the most
conventional and provides outfits for every Indian woman. The first Indian brand for
women that caters the perfect ethnic wear to every Indian woman’s shape, fits and
size as it offers up to 7 sizes instead of regular 3 sizes. W for woman clothing line
can be enjoyed not just by Indians but also Indian women settled abroad as they have
their exclusive stores all around the globe.

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COMPANY PROFILE

Soch is a renowned Indian retail brand for ethnic clothing. Launched at Bangalore in 2005, Soch
has grown to retail through 77 locations across the country which includes cities like Bangalore,
Chennai, Mangalore, Mysore, Mumbai, Pune, Coimbatore, Hubli, Belgaum, Salem, Hyderabad,
Vijayawada, Bhopal, Kanpur, Lucknow, Vizag, Indore and Cochin. Through its innovative use of
traditional crafts and exquisite Indian fabrics sourced from across the country, Soch offers an
exclusive collection of ethnic wear crafted to perfection.

Soch, Fusing Its Way into India’s Ethnic wear Industry As the women swear category is growing
and changing with the day, the ethnic wear segment has too undergone a transformation in order
to remain relevant and trendy and has included in itself a hint of western wear thereby introducing
fusion wear for the discerning women by Tanya Krishnan.

Like all categories of fast fashion, ethnic wear segment too has undergone a major transformation
wherein it has included in itself a new category altogether which is a mix of Indian and western
wear-fusion wear. While the trend is new, the majority of women’s ethnic wear brands are now
entering into the segment in one way or the other. The growth in ethnic wear has been subtle and
factors like changing lifestyles, rapid urbanization and increasing fashion awareness have
constantly given it a boost over the past few years. According to a study by Technopak, India’s
ethnic wear industry is currently pegged at over Rs. 82,200 crore and is expected to grow to Rs.
1,26,210 crores by 2019. This market is dominated by the women’s ethnic wear segment, which
constitutes 83 per cent of the business.

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Fusion wear has revolutionized the industry to such an extent that topnotch brands like Soch, Biba,
W, etc. have added an element of the same in their collection. “We are confident that the ethnic
wear market will witness good demand generation. This is going to be backed by rise in disposable
income among the growing middle-class, influence of social media and celebrities as well as easy
accessibility to e-commerce and Omni channel routes. A crucial part of demand generation will
come from Tier-2 and Tier-3 cities as consumers are aspirational. In our next phase of expansion,
we are definitely looking to increase our footprints in these towns. Currently we largely service
them through our e-commerce and Omni channel routes,” maintains Vinay Chatlani, CEO, Soch.
With the trend…

A peek into the women swear trend brings to the fore the fact that Indian ethnic wear is facing stiff
competition from the western wear segment which has made strong inroads into the Indian
woman’s wardrobe, across the country. And this has led the brands in the ethnic wear genre to
revive their collection and give them a fresh and modern twist thereby attracting women to try an
entirely new range of collections and this cult of Indo-western wear is proving to be a boon for the
ethnic fashion industry.

Soch is one such brand which has fashioned itself to cater to the Indian woman’s desire for ethnic
clothes with a trendy twist as this makes total sense since this territory is growing by 15-20 per
cent a year. “Soch finds a prominent place in the wardrobes of Indian women because of its
exclusive designs that keep pace with the rapidly changing trends in ethnic fashion. Our strength
lies in the ability to respond nimbly to market needs. From being a pure ethnic player in the initial
days, Soch has today transformed into a stylish designer brand that retails fusion products such as
tunics, palazzos, fusion suits and stoles, apart from traditional staples such as salwar kameez, kurtis
and sarees,” asserts Chatlani.

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Targeted at the modern woman largely in the age group of 22 to 35 years, Soch offers kurtis, a
range of bottoms including Patiala salwar, palazzos, leggings, jeggings, skirts, stitched and
unstitched CD sets, kurti sets, Ghaghara choli sets, sarees, etc. The ratio of sale for topwear to
bottom wear.
Furthermore, with the growing population of working women, there has been a new demand for
ethnic and fusion work wear as well.

Chatlani prides, “Soch has always been at the forefront of combining style with comfort in women
swear. Women are an integral part of our workforce, and it was a natural progression for us, as a
brand, to venture into work wear and launch a line that combines the best of the ethnic flair that
Soch is known for, artfully integrating it with contemporary silhouettes and trends and creating a
work wear range. This range has been received very well by the consumers and the performance
has been as per expectations.

What goes in the backend?

Unlike women’s western wear brands which are heavily influenced by the seasonal calendars
followed in the West, Soch does not work on the basis of regular seasons. “We are a fast fashion
model and provide new styles to our stores every month. With more than 52 catalogues in a year,
we are effectively launching new collections every week. Outside of our catalogues as well, we
launch multiple concepts and products, providing fresh styles to our consumers every time they
walk in,” boasts Chatlani.

Vinay Chatlani, CEO, Soch


The brand also customizes its products in few categories and offers a wide range of merchandise
in different colors, silhouettes, fabrics, etc. to cater to a diverse country like India. So, what really
goes into making this possible and keeps the brand ahead of trends in the category? Soch does not
own its manufacturing units and all the manufacturing is done by its trusted vendors — both
domestic as well as international. While the lead time varies from product to product based on the
quantity and complexity of the manufacturing process, typically Soch’s sourcing cycle is anywhere
between 30 to 90 days.

For Chatlani, sourcing from either the domestic vendors or exporters has its share of advantages
as well as disadvantages. “The advantages of going to an exporter lies in the scale, as exporters
generally have a bigger set-up. Hence, for bigger order volumes, it usually is better to work with
exporters. Domestic manufacturers, on the other hand, are cost-competitive and are more willing
to do smaller quantities,” he explains.

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Brand Visibility

Soch has sensed the Indian market and understands that brand visibility is what will help it going
forward. An expansive retail presence is what Soch abides by. The brand retails through 120 EBOs
across 43 cities and 72 shop-in-shops across the country beside e-commerce websites including
Myntra, Flipkart, Amazon, Jabong, etc. The brand also caters to its consumers outside India
through its international site. With the inception of in-store technologies, there has been a complete
revolution in the offline retail experience, and every other brand today is now working towards it.
Soch too has equipped its stores with multiple tools to enable great customer experience. “We have
implemented a display technology solution composed of video walls and tablets, linked by a
central content management system which helps us play content linked to stock currently in stores.

Not only has it helped bring the merchandise alive to the consumer by showcasing it on video, but
it also promotes offers live in stores in real-time, and helps in conversion at the point of sale by
helping consumers appreciate product details like flow, looks, ensemble, etc., in a better way. We
have also launched omnichannel retailing, with the capability to deliver sizes and styles not limited
by the store’s physical inventory. This has helped ensure better consumer satisfaction and
minimize sales loss,” prides Chatlani. Soch offers its consumers a premium retailing experience
wherein they can find easily what they are looking for.

In terms of store presence, while 65 percent of Soch’s stores are in Tier-1 cities or metros, the
remaining 35 percent cater to the growing market of Tier-2 and Tier-3 towns. “There has been a
crucial amount of demand generation from Tier-2 and Tier-3 regions as consumers are becoming
aspirational by the day. While we are fairly new entrants to MBO and LFS, we see larger growth
in terms of touch points here. In terms of revenue generation, all tiers are doing well for us while
Bangalore is doing exceptionally well.
The East and North Indian markets are very big, lucrative, and exciting and we have just started to
explore them. We are a brand building stage in Delhi as a territory and are looking to continue to
delight consumers in newer markets. We even plan to aggressively expand our foothold in East
and North markets while continuing to grow in the South and West,” informs Chatlani.

Even as the ethnic wear category remains dominated by the unorganized sector with 85 percent of
the market controlled by them, the differentiating factor, that is, the growing demand for fusion
wear is giving the organized sector an edge. Also, factors like consumers increasingly looking for
convenience, comfort, and style in ethnic wear, among others, are driving the growth of the
organized sector as well as ready-to-wear ethnics rather than ready-to-stitch. Soch has also been
at the forefront in keeping its consumers engaged with the brand using brand campaigns, bi-annual
sales, and its loyalty program.

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With a detailed brand strategy in place, Soch clocked Rs. 375 crores in the previous financial year
and is hoping to register a turnover of Rs. 490-500 crore by the end of FY ’20, registering a growth
of 20-25 percent every year. Going forward, the brand is planning to ‘essentially double its
footprint’ in the next 3 years besides expanding its product offerings. “Last year, we forayed into
our week wear collection which is everyday fashion for all occasions.

We have introduced Kurti suits with jackets, tunics with embroideries and pin tucks, as well as
work-appropriate Kurtis which can be paired with fashionable bottoms to carry the look from
office to party wear. We are continuing to innovate with new fabrics which are a blend of cotton
and polyester. They allow breathability and are easy to maintain. Our fits are relaxed with
functional elements like pockets keeping in mind the requirements of the customers,” informs
Chatlani.

Soch has worked towards offering the best to its consumers during its 12 years of journey and
imbibing the recent fusion trend is just its way of conforming the brand to today’s fashion industry
and the needs and demands of its consumers,” concludes Chatlani.

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DEALER PROFILE

Soch apparels looks forward to building the most impactful brand with strong presence across the
globe hence Shubham and company also contributed towards the growth of the brand by setting
up a franchise of Soch apparels at an accurate location to attract large number of audiences.

Shubham and company established the store on 1 September 2019, it is owned by Mr. Ashok
Bhyri, Mrs. Ashwini Bhyri, Mr. Channabasappa and Mr. Sharanabasappa.

Soch as a brand is proven to be scalable as it carries over 1000 different styles across its product
categories and it disrupts the seasonal fashion convention. It also adds new inventory every
fortnight.

Soch apparels has dedicated teams to design its franchise such as interiors of its store to maintain
its authenticity.

The outlet seamlessly displays its best products to ensure it makes an impact on the viewer’s mind.

Franchise Model:

- FOFO model (Franchise owned Franchise Operated)

In the FOFO model, the company licenses its brand to the franchisee for an agreed time
and consideration. Prices and merchandise are decided by the company. In this model
franchisee is the owner of the store and it bears all the operational cost. The Franchisee has
to provide an assured percentage share of revenue to the company.

- The dealers own the operational expenses

- Soch apparels are responsible for the advertisement and promotional activities

- Changes the stock every fortnight

- Stocks are sent to the store by the organization sale or return basis

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PRODUCT SPECIFICATIONS

KURTIS
Kurtas have always been iconic, and their
popularity is still going strong in the present
times as well due to the level of comfort and
convenience it provides for everyday wear.
Soch has taken the traditional attire and
transformed it radically, incorporating a mix
of modern and traditional elements and
motifs. The latest kurtas online from Soch are
show stopping pieces made by some of the
best craftsmen in the country. The kurta
designs are either made with embroidery,
prints, and dye techniques. A beige kurta with
coffee brown prints in detailed ethnic
designs, topped with the famed mirror work
is a sight to behold. Dressing in one of these
lets you ooze in traditional style and
sophistication. Or how about the simple but
elegant chikankari kurta designs on fabrics of
pastel pinks, greens and creams. If you desire
to bring some Rajasthani vibe to your look,
why don’t you try the famous leheriya tie &
dye printed kurtas in tints of teal and blue. To
get you into the centre of attention are kurtas
in bold colours, made alluring with a medley
In modern usage, a short kurta is of geometric prints.
referred to as the Kurti, which is the attire of
females. However, traditionally, the term
Kurti refers to waist coats, jackets, and
blouses which sit above the waist without
side slits. A blend of traditional artistry and
modern design, Soch’s array of ethnic wear
online keeps you rooted and fashion-forward
as well. Crafted from the goodness of looms
and tailored by hands that care for every
detail, these are a delight to wear and
extremely comfortable for day-to-day life.

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SAREES

Or want to stand out in traditional formal


wear, Saree is the quintessential Indian wear
that can be altered in multiple ways. At Soch,
you can now buy exclusive sarees online and
choose from fabrics such as organza, silk,
chanderi silk, georgette, ethnic wear for
women, and many more. With captivating
colors and bold patterns and print, Soch
offers an array of options for formal, casual
as well as occasion wear.

Saree, the traditional Indian outfit that was


adorned since ancient times has developed a
special place in the hearts of not only Indian
women but also women around the globe. Its
sensuality and elegance have given it an
international appeal and today we often see
designers coming up with fun, edgy and
modern designs that cater to the modern
woman. Whether you opt for a 3.5- or 9-yard
saree, it can be worn and styled in different
ways. In India, every culture has its own way
When it comes to Indian fashion, the saree is
of draping a saree and made using rich fabrics
considered to be the classic outfit that
with tremendous craftsmanship and artistic
outranks every other garment. There’s no
finesse. Bearing in mind the need of the
doubt that a saree accentuates a woman’s
modern generation, Soch has designed a
beauty and adds a dash of elegance.
beautiful collection of designer sarees
Traditional, trendy and stylish sarees are the
dedicated to offer comfort, style and panache.
most fashionable attire that has also gained
Embellished, embroidered or sheer, Soch
global recognition. It can be worn in several
designer sarees online are available for every
different ways and almost on every occasion.
occasion and mood.
Whether you decide to opt for a heavy bridal
saree for a wedding

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SUIT SETS

Something that you cannot forget. So


beautifully woven in threads of gold, silver,
and any color you can think of, the designs in
floral, sequins, boho, and geometric appeal
greatly to the eyes.

An attire that always remains in fashion is the


much-loved and evergreen salwar kameez – a
favorite comfort and style wear across India.
Suit Sets have been popular for centuries and
now Soch is taking this outfit to a whole new
level rendering them in a fusion of
contemporary, traditional and ultra-modern
designs. Available to you are designer salwar
suits in rich fabrics of the famed chanderi
silk, the soft and delicate muslin, the
beautifully patterned net, and the textured
crepe. Other textiles to explore are the
shimmery dim cotton silk, flowy georgette
that gives a nice drape, the ever-comfy cotton
and the versatile polyester. A great supporter
Indian traditional clothing with its one-of-a- of natural beauty, Soch believes that women
kind styles, designs, and colors adds charm are created beautiful in every size and so in
and grace to a woman. With its popularity every size you will find breathtaking designer
soaring high, Soch takes Indian ethnic outfits salwar suit sets online from Soch. From
to another level by merging modern and comfy 2XL to the normal L to the petite S,
traditional elements, producing a never- Soch always has something special for all
before-seen collection of trendy ethnic attire. women.
Look mesmerizingly beautiful in the latest
women’s salwar suits dyed in rich dark hues
of royal red, navy blue, magenta, and black.
You can choose from fabrics that not just
look but feel good as well. The designer
salwar suits let you feel oh so comfy in
chanderi, crepe, georgette, and flex. The
salwar suits designs are

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TUNICS / DRESSES

Wind. Soch believes that every woman is


beautiful in her own right and so has created
breathtaking tunic tops in every size, starting
from XS to 3XL. For a flattering look, choose
tunic tops for women in elegant a-lines,
playful-looking flared, or the sophisticated
regular fit - whichever suits your body type.
Soch has created beautiful tunic tops for
women for all occasions and seasons. So,
grab one of your favorite tunics online and
flaunt them in style.

Soch specializes in offering ethnic clothes


rendered in contemporary designs and styles,
making you a style icon of the times. For a
classier look, opt for a flared tunic top in a
solid hue of rich rose pink with a black
geometric border or if you want to go
traditional, a flared black tunic with cream
ethnic prints is enough to do the trick. Also
get experimental with flamboyantly dyed
tunic tops in a chaotic mix of white, orange
and black, or something that looks like
Tunic tops for women from Soch created in a abstract pieces of art. If you are the type that
mix of hues and eye-catching designs are loves simplicity and elegance, there’s also
stylish garments for casual occasions that get something for you - tunic tops for women in
you in the spotlight. To get the playful look, bold colours of yellow, red, navy blue and
you can pair them up with breezy skirts and a lots more. Soch has something special for
cute little hat. You can get stylish tunic tops every woman and so get ready to shop for
tailored in high-quality fabrics like silk or your favorite designer tunics online with
linen. The best ones for sultry summer days matching bottoms and level up your style.
are cotton tunics in pastels of pink, blue and
green. For a smooth feel, why not opt for the
chanderi silk - a favorite fabric of many or go
for a flared georgette tunic that looks pretty
when it flutters in the

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AREA PROFILE

Bellary is a major district in Karnataka state, India. It is located in the north-eastern part of
Karnataka. This district is one of the biggest districts in Karnataka. It is nicknamed as the city of
iron ore'. This district is one of the biggest districts in Karnataka. Bellary district is spread from
southwest to northeast and is situated on the eastern side of Karnataka state. The district is 15° 30'
and 15°50' north latitude and 75°40' and 77°11′ cast longitude. The geographical area is 8447Km².

This district is bounded by Raichur district on the north, Koppal district on the west,
Chitradurga District and Davanagere District on the south, and Anantapur District and Kurnool
District of Andhra Pradesh on the east. Ballari comes under administrative control. Gulbarga
division and development jurisdiction of H. K. D. B Gulbarga. The important food crops cultivated
are jowar, paddy, and cereals. The important cash crops are cotton, groundnut, and sunflower. The
major horticulture crops are chilies, coriander, pomegranate, mango, and coconut. Its population
in 2021 is 2,639,236 (estimates as per Aadhaar uidai.gov.in Dec 2020 data).
People living in Bellary District depend on multiple skills, total workers are 1,116,880 out of which
men are 703,258 and women are 413,622. Total of 245,581 Cultivators are dependent on
agriculture farming out of 175,754 are cultivated by men and 69,827 are women. 323,923 people
work in agricultural land as labor, men are 149,833, and 174,090 women. Bellary District's sex
ratio is 983 females per 1000 males. Next
Bellary District Census will be in 2021.

Temperature 48°C [max] Districts Ballari


18°C [min] headquarter
Relative 88(max) Population 2,452595
Humidity (%) 40(min) (as per census)
Annual normal 606mm Population density 300 per sq. km
rainfall
Rivers Tungabhadra, Sex ratio 993 females per
Hagar and 1000 males
chikkahagri
Area 8,461 sq. km Literacy rate 67.43%

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THEORETICAL BACKGROUND
MARKETING STRATEGIES

● ADVERTISING

Soch represents heritage like no other. From designer apparel to elegant fashion wear, it is a one-
stop retail brand for all your ethnic needs. The first exclusive store was opened in 2005 at
Bangalore’s Forum Mall. Every Soch store, since then, has reflected the ancient traditions of Indian
craftsmanship in a contemporary vocabulary. A new classicism has been created, where, through
its innovative use of traditional crafts, Soch celebrates the global Indian woman with a
contemporary lifestyle – who flaunts her ethnicity as she sets trends and breaks barriers, every day.

Today, The Brand has grown to retail through over 100 exclusive brand outlets across 39 cities
that include Bangalore, New Delhi, Mumbai, Chennai, Hyderabad, Pune, Mysore, Coimbatore,
Vijayawada, Cochin, and many more. It also retails through shop-in-shops across Shopper’s Stop
and Central outlets, with a presence of over 50 large format stores.

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● RED DOT SALE

The season of shopping hauls is back and Soch, the one-stop destination for all your ethnic
needs, has announced its much-awaited Red Dot Sale.

The sale, which kicks off today at Soch stores across the country, will feature discounts up
to 50 percent off on a wide selection of sarees, salwar suits, Kurtis, tunics, and dress
materials.

At the Soch Red Dot Sale, you can elevate your wardrobe for every event of your life and
pick looks for intimate gatherings to weddings, Soch has it all. They have a wide range of
cotton and chanderi Kurtis in a multitude of colors, featuring refreshing prints and eclectic
silhouettes. Then there are salwar suit sets in elegant designs, rich hues, and flowing fabrics
that make a statement as occasion-wear.

The sarees on discount are versatile and you can pick from a whole range of materials
including cotton, silk, georgette, tissue, and net. Intricate embroidery and sophisticated
style form the hallmark of the sarees on offer. You can now get Soch's elite ethnic wear at
affordable prices and experience your true self with every outfit you own from Soch.

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• SOCH CIRCLE

Soch Circle loyalty program is a truly personalized point and rewards-based program conducted
by “M/s. Soch Apparels Private Limited”, where one can enroll for free using their valid Indian
mobile number and enjoy the benefits.

• Enrollment into the Soch Circle

• The Soch Circle membership is voluntary, valid for a lifetime and is non-transferable.

• Any individual who has attained the age of 18 years, has a valid and active Indian mobile
number and is shopping at any of the exclusive SOCH stores or on www.soch.com is
eligible to become a member of SOCH CIRCLE Program. Presently, no enrolment fee is
applicable for becoming a member of the Soch Circle Program and there is no minimum
shopping limit.

• As a pre-condition to becoming a member, a customer will be required to provide


mandatory information including Full name, valid & active Indian mobile number and
adhere to such terms and conditions as may be prescribed for membership from time to
time. The Soch Loyalty Program membership will be issued solely at the discretion of the
management and the final discretion on all matters relating to the membership shall rest
with the Soch Apparels Pvt. Ltd.

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• Earning Soch Circle point

• The mobile number of the members is the primary identification for earning loyalty
point upon purchase. Members need to quote their registered mobile number at the
SOCH stores or www.soch.com during billing to earn loyalty points.

• For every spend of Rs.100/-, 2 Soch Circle points will be awarded for non-Discounted
merchandise.

• For every spend of Rs.100/-, 1 Soch Circle points will be awarded for Discounted / Flat
pricing or Buy 2 Get 1 free Products.

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• The credit of Soch Circle points against purchases made at Soch Stores will be credited
to customer Loyalty account within 24 hours and for those purchases made on
www.soch.com points will be credited after 30days from date of purchase.

• The Soch Circle points earned would be valid for 12 months from the date of
credit/Issuance of points. If not spent within 12 months from the date of credit of points,
such Soch Circle points will automatically lapse and will not be re-credited in any
event.

• Loyalty points will be earned on the purchase value and the value of 1 Soch Circle
point is 1 INR.

• The Soch Circle program benefits cannot be clubbed with any other offer or discount
whatsoever. The loyalty points will not, inter alia, be awarded or earned in the
following cases:

a. Special offers, promotions or items excluded by the management from time to time
at its sole discretion
b. Purchase of Gift Vouchers/cards or issue of a credit note

• The Soch Apparels Pvt. Ltd. Reserves the right to refuse to award loyalty points for
any breach or non-compliance of these terms and conditions or failure to pay for the
purchases.

• Spending Soch Circle point

• The Soch Circle points earned by a member can be spent towards purchase of products
in any of the exclusive stores of the Soch Apparels Pvt. Ltd. or www.soch.com subject
to the terms and conditions mentioned herein. Soch Circle points cannot be spent for
cash.

• There is no minimum accumulation of Soch Circle points for spending. Once the
transaction is completed, the Soch Circle points in a member's account will be reduced
to the extent of the Points spent. If there is any shortfall in payment under an invoice
after spending the loyalty points, the member shall pay such amounts separately.

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• M- Coupons

• M-coupon is a discount coupon that a customer receives via SMS and/or email
from SOCH Apparels PVT LTD. The M-coupon is valid and can be redeemed
only for the brand(s) or at the store(s) as specified in the SMS and/ or email
therein.

• Each M-coupon shall be valid for a certain period as specified in the SMS and/
or email therein. The validity of the M-coupon cannot be extended if not
redeemed within the specified period.

• Once redeemed, the M-coupon can neither be re-issued nor reversed. No cash
shall be refunded, nor shall any credit note be issued in part or full against an
M-coupon already redeemed at SOCH stores or soch.com

• Exclusive offers on birthdays and anniversaries

• Members whose Birth date & Wedding Anniversary Date is available with us
will get exclusive offers on their Special Days.

• Members will be notified when offer is activated in their Soch Circle account.

• Offer would be valid for 7 Days (-/+ 3 Days of Birthday/Anniversary Day).

• Offer can be redeemed at Store as well as Online.

• Valid on Discounted/Non-Discounted merchandise.

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CHAPTER - 4

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DATA ANALYSIS

1. Ever heard about Soch?

Options % No of respondents

Yes 92.59 25

No 7.41 2

No
7%

Yes
93%

INTERPRETATION:

The introducing question concerning the Indian brand was to examine, if respondents are aware of
the brand. The results were more than positive, as up to 92% of respondents admitted that they are
aware about the brand Soch. The main reasons for that were keeping up with the latest trends from
the social media site and offline banners In addition, respondents said that Soch offers a wide range
of products as well in bigger sizes. This result confirms that the brand skillfully spreads their
philosophy of the best clothes for the best price. Yet still 7.4 % expressed a negative opinion of
Soch’s products supporting their views by arguments that products do not fit their Personal style.

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2. Ever bought anything from Soch?

Options % No of respondents

Yes 48.15 13

No 51.85 14

Yes
No

INTERPRETATION:

In the second question respondents were asked if they have ever bought anything from Soch, the
results were more than negative, as up to 48.1% of respondents admitted that they have products
from Soch. The main reasons for that were keeping up with the latest trends from the social media
site and offline banners In addition, respondents said that Soch offers a wide range of products as
well in bigger sizes and sustainable fashion which attracts the audience. Yet still 51.9% expressed
a negative opinion of Soch’s products supporting their views by arguments that products do not fit
their personal style and affordability.

As proved in the first question people are aware of the brand yet Soch fails to convert the audience
into their consumers due do their high pricing strategy.

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3. Where did you first hear about Soch?

Options % No of respondents

Social media 33.3 9

Banners 18.52 5

Stores 33.33 9

E-commerce sites 11.11 3

Others 3.70 1

INTERPRETATION:

In this question the respondents were asked about the source which introduced them to the brand
in order to evaluate the effectiveness of the promotional activities.
The above questions give us a clear picture that in the era of internet, Social media plays a huge
role in creating a brand identity.
As the respondents were give 5 options the analysis said that social media and offline store
presence both marked presence in the minds of the customer as both are 33.3%.
Advertisement banners effectiveness is 18.52 %.

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E-commerce sites also plays a huge role in acquiring the audience.

4. Ever visited a Soch store?

Options % No of respondents

Yes 70.37 19

No 29.63 8

INTERPRETATION:

70% of the respondents have visited the store in person, having a strong wide chain of
stores across the country has acted in the favor of the brand. Soch has successfully attracted
their customers to their stores marking a great offline presence. Rest 29.63% respondents
haven't visited their stores

Supporting the view of the respondents, around 30% of respondents were not interested in
visiting an office store. There might be various reasons for this response such as the product
might not fit their personal style or pricing.
The results are proof that Soch as a brand has marked its presence and as the results are
positive, majority of the customers are interested in visiting their offline stores.

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5. Ever visited the official website of Soch?

Options % No of respondents

Yes 62.96 17

No 37.04 10

INTERPRETATION:

This question again is to evaluate if the website is yielding its results and with majority of
the number that is 62% respondents have visited the official website of the brand Soch and
37% aren't interested in the website or are not aware of the website.

As the results are positive by close margin the website can attract audience by running out
advertisement campaigns and bringing out new offers and rewards if customers shop using
the official website in order to drive more traffic towards the website.

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6. What do you think about the official website of Soch?

Options % No of respondents

Well designed 66.67 18

Average 33.33 9

Poor 0 0

80

70

60

50

40

30

20

10

0
Well designed Average poor

INTERPRETATION:

Majority of the respondents who have visited the official website of the brand has a positive
opinion that the website is well designed and easy to operate and the official site of Soch
apparels is well designed and easy to access compared to its competitor’s sites.

Complete product information with its specifications is provides under each product to
make it easy for the customers to make their purchase decision.

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7. Select the answer that you associate with the brand?

Options % No of respondents

High-quality products 29.63 8

High-priced products 40.70 11

Trendy products 14.81 4

Sustainable products 14.81 4

INTERPRETATION:

According to the respondents, of the survey majority of the people think that the products
at Soch apparels are overpriced which is right to an extent. According to the Indian
market the pricing strategy of Soch apparel mainly targets the high-class audience.
Pricing plays a very important role in making a brand or product successful in the market,
yet Soch apparels have a niche market targeting specific group of audience providing the
best quality and premium products.

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8. Did any promotional activity encourage you to buy products from Soch?

Options % No of respondents

Yes 51.85 14

No 48.15 13

INTERPRETATION:

The respondents in the above question were asked whether any of the promotional
activities by the brand encouraged them to buy their products. Though the response is
positive by close margin it is still a matter of concern.
The above question evaluates the advertising effectiveness of the brand and gives out of
clear picture that the advertisement campaigns are not effective and are not creating an
impact on the customers mind.

Hence, and the brand needs to improve its advertising strategies in order to capture the
customer’s mind.

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9. Ever heard about the Red Dot Sale?

Options % No of respondents

Yes 59.26 16

No 40.74 11

No

Yes

INTERPRETATION:

In the above question the respondents were asked about the sale organized by the brand
and majority of the respondents were aware of the ongoing sale.

Though around 60% of the respondents were aware of the sale but number of the
respondents were not aware of the sale, there could be various reasons for this such as
different styling choices on different brand preferences.

As the results are positive the brand successfully created awareness about its sale and other
offers.

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10. Are you aware that you can get up to 50% off during the Red Dot Sale?

Options % No of respondents

Yes 51.85 14

No 48.15 13

No
Yes

INTERPRETATION:

In the above question the respondents were asked if they knew that they could get up to
50% off on the products of the brand during the sale.

As the results were positive by a very close margin it means that the respondents were
aware about the sale but not about the specifications of the sale.

Hence the brand needs to create proper advertisements which give a clear picture to the
audience about the ongoing sale and offers.

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11. How much would you rate the product quality?

Options % No of respondents

Worst 0 0

Not good 0 0

Neutral 29.63 8

Good 44.44 12

Very good 25.93 7

INTERPRETATION:

As the respondents were asked to evaluate the product quality of the brand, the result of
the question is positive. Majority that is 44% of the respondents feel that the quality of the
product is good and around 26% of the respondents feel that the product quality is very
good.

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12. Ever seen a Soch advertisement?

Options % No of respondents

Yes 55.56 15

No 44.44 12

No

Yes

INTERPRETATION:

In this question the respondents were asked if they have ever seen a Soch advertisement
and the results were positive by a very close margin.

The above response by the respondent says that Soch as a brand needs to increase its
advertising campaigns as large part of the respondents have not seen a Soch advertisement.

Increased advertisement campaigns can help the brand create more impact and increase its
brand presence in the market.

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13. How much would you rate the advertisement campaigns of Soch?

Options % No of respondents

Good 59.26 16

Can be better 40.74 11

Poor 0 0

70

60

50

40

30

20

10

0
Good Can bebetter Poor

INTERPRETATION:

In the above question the respondents were asked to evaluate the advertisement campaigns
run by Soch apparels.

Majority of the respondents feel that the advertisements run by the brand are good and
around 41% of the respondents feel that the advertisements can be better.

Evaluating the results of the above question it can be stated that advertisements are
effective in nature.

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CHAPTER – 5

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FINDINGS

• It is identified that of the buyers of the brand Soch belong to upper class society having a good
disposable income.

• It is also identified that women from the age of 20 and above are the majority of the customers.

• The above study identified that the pricing strategy of the brand is high or premium.

• It is identified that the brand provides premium products of premium quality.

• It is identified that the brand has a strong presence in the women’s wear market.

• It is identified that the brand signifies a strong independent woman in today’s world.

• It is identified that the social media played a major role in increasing the brand awareness
amongst the audience.

• It is identified that the advertisements are effective and also create an impact in the minds of
the customers.

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SUGGESTIONS

The respondents of the survey suggested the following:

• To review the pricing strategy in order to target a larger audience.


• To opt for aggressive advertising to create a strong brand presence
• To increase the advertisement channels.

During the study it was found that Soch as a brand has great market presence but certain factors
such as price inhibits the purchasing decision of the customers.

It can be suggested that the brand to increase its promotional activities in order to attract more
customers.

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CONCLUSIONS

The purpose of the study was to examine the different marketing strategies and communication
tools used by Soch apparels Pvt Ltd.

Soch as a brand is proven to be scalable as it carries over 1000 different styles across its product
categories and it disrupts the seasonal fashion convention. It also adds new inventory every
fortnight. Soch provides their customers with the feeling of exclusivity and makes them feel
fashionable yet comfortable in their products.

Soch as a clothing brand aggressively runs campaigns on digital platform and also it is yet to
acquire the television commercial space although it reaches its target group in the digital world
through social media channels and other E- commerce sites.

Soch as a brand has effective marketing strategies, it is making the right use of the market trend
by being active on the internet.

The study can be concluded by stating that women above the age of 20 are the majority of the
customers. The buying behavior is governed predominantly by the need for Power and personality
for the iconic Brand. The users are mostly employed people, aged between 20-35 years, also
includes some students. India being a country filled with rich culture and Heritage the demand for
ethnic clothing is higher during the festive season including the wedding season.

The study also signifies that the products offered by Soch are of good quality and also fashionable
making it a successful brand which is sustaining in the market. Soch as a brand is also a very strong
competitor to its fellow brands by providing best of the products.

According to the study the brand is successful in promoting its products and the target audience is
likely generating the revenue.

Lastly, I would like to conclude that according to the primary, secondary data, advertising, sales
promotion and interacting through social media and website have the greatest impact on the target
group. Moreover, the results show that Social media has played a vital role in creating the brand
image.

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BIBLIOGRAPHY

1. https://www.soch.com/in/

2. https://www.indiaretailig.com

3. https://www.thecompanycheck.com/company/soch-apparels-private-
limited/U52599KA2015PTC081440

4. https://www.google.co.in/

5. www.blingsparkle.com

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ANNEXURE

Questionnaire

1. What is your name?

2. Ever heard about Soch?

● Yes
● No

3. Ever bought anything from Soch?

● Yes
● No

4. Where did you first hear about Soch

● Banners
● Sites
● E-Commerce websites
● Others
● Social Media

5. Ever visited a Soch store?

● Yes
● No

6. Ever visited the official website?

● Yes
● No

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7. What do you think about the official website of Soch?

● Well designed
● Average
● Poor

8. Select answers that you associate with the brand Soch

● High quality products


● High priced products
● trendy products
● sustainable fashion

9. Did any promotional activity encourage you to buy products from Soch?

● Yes
● No

10. Ever heard about the red dot sale?

● Yes
● No

11. Are you aware that you can get upto 50% off during the red dot sale?

● Yes
● No

12. How much would you rate the product quality?


● 1
● 2
● 3
● 4
● 5

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13. Ever seen Soch's advertisement?


● Yes
● No

14. How much would you rate the advertisement campaigns run by Soch?
● Good
● Can be better
● Poor

15. Drop down your suggestions

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