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School of Architecture, Building and DesignEffective Public Communication [FCOM 0102]
FNBE April Intake
Name : Karen Kong Chai Ni (0315480) Lily Then (0313973) Mak Mun Choon (0314928) Voon Sze Lun (0315032) Assignment 3 : Oral Presentation Lecturer : P. Thivilojana Session : September, 2013 Presentation Date : 14TH January 2014
What is business??
Examples of businesses
Fast food
Bakery
Clothing outlet
Barber shop
Clothing Business
Bio of the Businesses
Pink Petals Fashion which located at Kenanga WholeSale City
Belongs to Outlook
Enterprise Sdn Bhd
Founded 2 years ago
Mr Bong, owner started the business
No 1, Jalan Meranti 3, Off Jalan Tenanga, Kuala Lumpur,
WP Kuala Lumpur,55200
Pink Petals Fashion
5-6 branches
4 employees
Around 100
customers
Office phone number is +60(0)392210268
ClothesMain
Product
Fashion Concept
Malay Concept
Fashion Tee which located at Sungei Wang
Fashion Tee
Business started few months ago
Alice, owner started the business
Jalan Bukit Bintang,
55100, Kuala Lumpur
2 branches
3 employees30-50
customersOffice phone
number is +60 32144 9988
Main Product
Clothes
Fashion Concept
Analyses of Two Business 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
Lower the price to sustain the business in the market
Hard to start a business….
Compete with the competitors by lower the price
I won by have a good 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
Obtain the product from the supplier faster than other shops
I want start a business!!!
I want sustain in this race with fastest speed…
Persist the price even though competitors held a promotion
Comparative Analysis Summary TableCompetitive Traits Pink Petals Fashion Fashion Tee
Number of competitors
3 to 4 competitors More than 20 competitors
Barrier to enter the market
Strong. Because the economics is not
good
Easy by owned small capital
Strategies to sustain business
Lower the price to attract customers
Always be the fastest people to obtain the
product
Pricing power Lower the price to compete with competitors
Persist the price to earn more profit
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
branchesii. Become a famous brand clothes stores
iii. Increasing the sales
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
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
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
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