School of Architecture, Building and Design English 2 FNBE April Intake Name :Karen Kong Chai Ni (0315480) Lily Then (0313973) Ronn Chua Chang Yeong (0314044) Mak Mun Choon (0314928) Voon Sze Lun (0315032)
Jun 23, 2015
School of Architecture, Building and DesignEnglish 2
FNBE April Intake
Name :Karen Kong Chai Ni (0315480)Lily Then (0313973)
Ronn Chua Chang Yeong (0314044) Mak Mun Choon (0314928)
Voon Sze Lun (0315032)
Clothing Business
The business we research
Pink Petals Fashion which located at Kenanga WholeSale City
Belongs to Outlook
Enterprise Sdn Bhd
Founded 5 years ago
Mr Bong, owner
started the business
Pink Petals Fashion
No 1, Jalan Meranti 3, Off Jalan Tenanga, Kuala Lumpur,
WP Kuala Lumpur,55200
5-6 branches
4 employees
Around 100
customers
Office phone number is +60(0)392210268
ClothesMain
product
Fashion Concept
Malay Concept
Pink Petals Fashion
Fashion Tee which located at Sungei Wang
Fashion Tee
Business started 5
years
Alice, owner started the business
Jalan Bukit Bintang,
55100, Kuala Lumpur
2 branches
3 employees
30-50 customers
Office phone number is +60
32144 9988
Main Product
Fashion Tee
Clothes
Fashion Concept
BUTIK L’Avenir which is located in Penang First Avenue
Butik L’Avenir
Business started 4
years
Jalan Magazine,
Georgetown, 10300
Georgetown, Pulau
Pinang, Malaysia
Eelyn, manager of the Butik L’Avenir
Only 1 branches
Phone number
016-3218381
10-20 customers2 employees
Main Product Clothes
Fashion Concept
Analyses of THREEBusiness on different settings
Competitive Behavior of Pink Petals Fashion
Pink Petals has 3-4 competitors
A to Z (most powerful competitors)
The woman is the owner of A to Z
Feel hard to enter the market because economics is not good
Hard to start a
business….
Hard to enter!!!
Compete with the competitors by lower the price
I won by have a good strategies!!
Lower the price to sustain the business in the market
Strategies
Competitive Behaviors of Fashion Tee
Fashion Tee has many competitors
Clothes shop located around the Fashion Tee
H&M (big brand)
Feel easy to enter the market as the owner owned small capital
I want start a business!!!
Easy to enter
Persist the price even though competitors held a promotion
Obtain the product from the supplier faster than other shops
I want sustain in this race with fastest speed…
Strategies
Competitive Behaviors of Butik L’Avenir Butik L’Avenir has many competitors. The range
of number of competitors is around 10-20.
H&M BELLE
Strong Competitors of BUTIK L’Avenir
Feel hard. Because too many clothing shops as their competitors
Hard to duel with them
Strategieslower the price to attract customer
follow the trend to purchase different styles of clothes quickly
Trend
Follow the trend Different styles of clothes
Comparative Analysis Summary TableCompetitive Traits Pink Petals Fashion Fashion Tee Butik L’Avenir
Number of competitors
3 to 4 competitors More than 20 competitors
3 competitors
Barrier to enter the market
Strong. Because the economics is not
good
Easy by owned small capital
Strong.Because too many clothing shops.
Strategies to sustain business
Lower the price to attract customers
Always be the fastest people to obtain the
product
lower the price to attract customer and has to
always follow the trend to purchase different
styles of clothes quickly.
Pricing power Lower the price to compete with competitors
Persist the price to earn more profit
Price Maker. Because Butik L’Avenir is just a
single business shop and the owner can decide the
price by himself.
Recommendation for the business….
Future Plan
1. Pink Petals Fashion
2. Fashion Tee
i. Increase investment in
marketing activities
ii. Open more branches
iii. Earn more money
i. Open more branches
ii. Become a famous
brand clothes stores
iii. Increasing the sales
3.BUTIK L’AVENIR
i. increase the investment in the marketing activities.
ii. produce more style of clothes
iii. Earn more money
Expansion
1. Pink Petals
Fashion
2. Fashion
Tee
i. Provide more standard products
i. Develop the store to Asian
country
ii. Provide more variety of produce
ii. Expand the size of the store
3. BUTIK
L’Aveniri. Expand to
internetii. Diversity
Ways to sustain
1. Pink Petals
Fashion
2. Fashion
Tee
iii. Follow
the trend
ii. Lower the price
i. Have a clear target
and persist it
iii. Follow
the trend
ii. Persist the price
i. Have a good
relationship with supplier
3. BUTIK
L’Avenir
iii. Follow
the trend
ii. Lower the price
i. Do promotio
n and sells
ladies accessori
es
Reference:1. Tyson, Eric, Schell, Jim (2012). Small Business for Dummies. (4th ed) Hoboken, N.J. : John Wiley & Sons. Ltd. 2. Barrow. C. (2007). Starting a business for Dummies. (2nd ed)
Chichester, England: John Wiley & Sons. Ltd. 3. Tulsa World (2012). Small Business Profile. Retrieved from
http://www.tulsaworld.com/business/smallbusiness/small-business-profile-robertson-tire-company/article_7ea22f54-ca57-5a5f-9ff8-39c857cb1423.html
4. Malaysia (2009). Outlook Enterprise Sdn Bhd. Retrieved from http://www.malaysia.com/directory/retail-clothing-and-accessories/textiles-and-specialty-stores/wp-kuala-lumpur/Outlook_Enterprise_Sdn._Bhd._156991.html