c r a z y t e e
TRANSCRIPT
-
8/3/2019 c r a z y t e e
1/22
C R A Z Y T E E Z
Abhilasha Meena (MS-02)
Kartik Teja Kommuri (MS-22)
Rajiv Ranjan Keshri (MS-40)Sandeep Jarosia (MS-46)
Umas shankar Prasad (MS-58)
Kaushlendra Kumar (MS-72)
Express Yourself!!!!
-
8/3/2019 c r a z y t e e
2/22
What Crazy Teez is all about?
Business:
Crazy Teez is an exciting new business that allows people tocustom design a shirt
By intelligently leveraging cutting edge technology, it will
harness the power of computer sublimation to allow
custom shirt printing in production runs as small as 1 unit!
Opportunity:
Customization: Complete choice of material, style of the
shirt, image or graphic, design on the shirt
Fanaticism for a sports teams, fan clubs, celebrities, movies
Effective marketing tool for brand promotion
Also used to promote social causes and propagate messages
-
8/3/2019 c r a z y t e e
3/22
EXPRESS YOURSELF!!
-
8/3/2019 c r a z y t e e
4/22
Whereabouts
Store presence :
Crazy Teez will have a storefront in DelhiUniversity area(both north and south)
Special focus would be given to the otherschools/colleges/institution in and aroundDelhi.
Online presence:
Comprehensive website that allowsordering to occur anywhere.
Easy search engine optimization for thewebsite
Pay per click advertising
Use of social media marketing tools likeFB, Orkut, deals.com etc
4
-
8/3/2019 c r a z y t e e
5/22
-
8/3/2019 c r a z y t e e
6/22
Objective
To be known as the premier custom T-shirt sublimationservice
To supply our T-shirt to all big schools/colleges andother institutions
To achieve profitability within 12 months
To design and implement strict financial controls to help
ensure success 6
-
8/3/2019 c r a z y t e e
7/22
Mission
7
Offer the finest in custom T-shirt sublimation production
Offer customers the best product at the best price
Delight the customers by exceeding their expectations
Quality
Price
Satisfaction
-
8/3/2019 c r a z y t e e
8/22
Potential Customers
Colleges, Schools,Universities
Corporates, Fan clubs,Institutions
Promotional campaigns,
Social campaigns
Individual customers
8
Bulk deals
-
8/3/2019 c r a z y t e e
9/22
Market Segmentation
Market divided based onpurchase decisions
Group 1 : An alreadycreated graphic image to
be placed on the their shirt
Group 2: Custom artwork
to be placed on their shirt
Group 3: Institutionalcustomers
9
-
8/3/2019 c r a z y t e e
10/22
Secret Sauce
Crazy Teez will leverage their two competitive edges toquickly gain market share.
The competitive edges are an unprecedented catalogue
of graphic images and the quality of their computergenerated sublimations
The marketing campaign will emphasize the ability to
completely customize a shirt. Youth events and studentgroups will be targeted.
The sales campaign will emphasize making theexperience as easy and pleasing as possible to
encourage repeat customers and word of mouthreferrals.10
-
8/3/2019 c r a z y t e e
11/22
Graphics & Quality
Large catalog of graphics --
Crazy Teez is developing several strategic relationships with existing graphicscompanies that have an extensive images catalogs.
It would be difficult and expensive for Crazy Teez to create their own library
of graphics but by developing relationships with companies who ownexisting libraries, Crazy Teez will be able to offer its customers an expansive
array of imagery.
Quality of the sublimation -- Due to contacts at various outsourcers, the
best technology is assured, and the use of prototype technology, Crazy Teez
will be able to produce sublimations of much higher quality than any of
their competitors.This gives Crazy Teez a fantastic competitive edge.
11
-
8/3/2019 c r a z y t e e
12/22
Sales Strategy
The sales strategy will emphasize the fact that ordering a shirt from Crazy Teez is a
very easy and pleasing experience.
The sales effort will work on the continual development of the website, the main
tool used for ordering. It will be quite important to have a friendly, easy to use web
interface for two main reasons.
There are so many choices available that it could become daunting to the customer.
The second reason is that a large portion of sales will be placed on the website.
The website embraces the philosophy of making the experience so easy and
pleasing that the customer comes back to buy more.
12
-
8/3/2019 c r a z y t e e
13/22
Sales/Promotional Strategies
13
Exemplary customer service. Having excellent service will provide thecustomer with the feeling that the business is looking out for thecustomer's interest.
When a customer places an order, they will probably be excited to seethe finished product, so Your Crazy teez will ensure the fastestturnaround time possible.
Sales will be boosted by offering customers a high quality product. Wewill use high grade cotton shirts and state-of-the-art sublimationprinting materials.
-
8/3/2019 c r a z y t e e
14/22
Sales strategy (contd)
14
Cloth
suppliers
Print Material
suppliers
Institutional
customers
Individualcustomers
CRAZY TEEZ
-
8/3/2019 c r a z y t e e
15/22
Marketing Strategy
Advertising -- Crazy Teez will run ads in several teen/young adult magazineswhose readership demographics are similar to Your T-Shirt!'s.
Youth events -- Different events sponsored as a means of increasing visibility.These include but are not limited to music festivals and sporting events
Student groups -- Attempt to gain awareness of the different student groupswho actively purchase shirts for their members.
Awareness through a combination of sponsorship of student organizationevents as well as advertisements in magazines that specifically target thisdemographic.
HUTK solutions own FMS venture which can popularize it in an unorthodox
manner 15
-
8/3/2019 c r a z y t e e
16/22
Business Model
16
T-shirt Sales
Hooded shirts
Institutional salesRevenue
Sales managers commission
Stationery, telephone etc
Advertising
SG&A cost
components, labor, capital & overheadsCost ofgoods
SG&A= selling, general and Administrative cost
-
8/3/2019 c r a z y t e e
17/22
Competition
17
Jellybelly
Funktees
Peepal tree
-
8/3/2019 c r a z y t e e
18/22
Financials
Start up requirements Per store
Legal 10,000
Stationery 10,000
Machineries 1,75,000
Brochures 50,000
Computer Equipments 1,00,000
Rent 1,50,000
Insurance 10000
Office/Store Furniture 50,000Sublimation heat transfer unit 2,50,000
Website development 25,000
Cash required 10,00,000
18
-
8/3/2019 c r a z y t e e
19/22
Calculation
Price 200 per t-shirt
VC 40 per t-shirt
Contribution 160 per t-shirt
Fixed cost 2000000
Break Even 12500 T-shirt
year 1 year 2 year 3 year 4 year 5
Target intitution 200 300 450 675 1013
Avg Demand@50/intitution 10000 15000 22500 33750 50625
Revenues 2000000 3000000 4500000 6750000 10125000
[email protected] 400000 600000 900000 1350000 2025000
Contribution 1600000 2400000 3600000 5400000 8100000
Fixed cost 2000000 100000 100000 100000 100000
Profit/Loss -400000 2300000 3500000 5300000 8000000
0
2000000
4000000
6000000
8000000
10000000
12000000
1 2 3 4 5
Revenue
Revenue
-
8/3/2019 c r a z y t e e
20/22
Status & Timeline
20
1-2-121-1-12 15-1-1221-1-131-8-12 1-6-13
Prelimina
ryscreening
2014
Machinery
accumulation
1-4-12 1-6-12
Employee count 10 25 40 75 150 250 500 1000
Building stores/
websitedevelopment
institution
sales / expansion
Heavy promotion/
marketing
Second store
opening
Hire state
managerExpand to Metros
Launch new sub-
brands
25th store
Pan India
presence
1st store Opening
-
8/3/2019 c r a z y t e e
21/22
Crazy Team
21
Sandeep Jorasia - (Sales Head)
Umashankar Prasad -(Design)
Abhilasha Meena - (Creativity and HR)
Kartik Teja (Marketing)
Rajiv Ranjan Keshri - (Research)
Kaushalendra Kumar - (Operations)
-
8/3/2019 c r a z y t e e
22/22
22
Crazy Questions ??