Business diversification strategy for a large exporter looking to enter into kidswear.

Project Background

Wazir developed a comprehensive business diversification strategy for a large exporter of agricultural produce and commodities, focusing on entering the kidswear segment.

Scope of Work
Develop a market entry strategy and business plan, answering the following key questions:

1 What is the current market size and growth potential for the kidswear segment?

2 What is the market structure and segmentation?

3 What are the key competitors in the market, and what are their strategies?

4 What are key distribution channels relevant to the kidswear segment?

5 What are the need gaps in the current market offerings?

6 What are the client’s capabilities and resources? How do they align with the proposed business diversification?

7 What should be the roll-out plan and operating model? What will be the investment, revenue projections, expenses, and profitability?

Result Delivered
Provided a detailed analysis of the Indian kidswear market:

Industry overview – structure, size, segmentation, growth, trends, etc.

Mapping major competitors – business models, price positioning, product offering, target consumers, market penetration & business performance, brand equity

Distribution channels – key channels for scalability and growth

Formulated business strategy & developed implementation roadmap:

1 Brand’s capabilities and synergies and their alignment with market dynamics

2 Brand positioning and value proposition

3 Assortment and pricing strategy

4 Marketing and customer acquisition strategy

5 Business plan and financial plan to support the client’s market entry