SWOT Analysis of Colorplus with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Apparel and accessories
Lifestyle and Retail
The name spells innovation
Variety of colors with premium quality
People who spend more on Leisure and Casual wear
Urban Upper middle class
High end Leisure and casual wear
1. Usage of pioneered techniques like Golf ball wash, Cone Dyed casuals to maintain product quality. 2. Provides Spectrum is an exclusive membership to premium customers, with excellent rewards and benefits. 3. All garments are handcrafted and use modern technology like “chinos 6030” which ensures wrinkle free clothing. 4. The brand has over 350 stores across the country and is prevalent in the Middle East
1. Global penetration is limited as compared to a few other international brands 2. Presence of Indian and international brands offers more offering to customers therefore high brand switching
1.Growing Market in India and abroad 2.Consistent growth in India and more fashion conscious people 3.Leverage bigger brand of Raymond
1. Competition from international brands entering the market 2. Constantly changing fashion trends means inventory issues
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