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Lucy Lei, Jay Zhang, Jasmine Zhao
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Problem
DataDiagnose Alternatives Evaluation
Tight jeans are the
current trend to
maintain an hourglass
figure. With the way
that jeans are shaped,
there is no room for
pockets. Dresses, skirts,
and yoga pants are also
an issue.
According our survey
completed by a sample
size of 152 women ages
18-22, 84% of the group
want the convenience
of having a pocket
while in such clothings.
Alternatives to skinny
jeans are not trendy. No
alternatives to dresses
and yoga pants. Market
is still unsaturated and
considered undesirable.
80% of the women that
have participated in our
survey said that they
would most definitely
wear a trendy,
detachable pouch
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Project Features
Versatility
Pockettach can be attached and
removed with ease. Customizable.
Fashionable
This pocket-pouch accessory has many
designs for any occasion, which creates a
trendy look
Fun Alternative
A different accessory for women who
want to avoid lugging around a purse
Comfort
Pockettach is made with the finest linen
in the world
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
SWOT Analysis
Strengths
-Solves a prominent
problem for women
-Creates a trend
-We stand as an unique
alternative to purses and
fanny packs
Opportunities
-New Market for trendy
high school and college
students
-The market for
accessories is growing
esp with the millennials
Weaknesses
-No reputation yet; we
have not established
ourselves as a reputable
brand
-Must be a trend to gain
popularity
Threats
-Pre-existing competitors
-Lack of exposure
-May not be the next
trend
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Market Analysis
Target
Large Market Low Barriers
Attractive
Market
Manufacture industry: Easy
Entry
Barriers to Entry
- Large group of users of
skinny jeans
- Strong demand
- Not intense competition
Market Attractiveness
Female age at 16-22
Start at Berkeley campus
Target
6.42 M
Female Population *Age 16-22)
*regular users*potential demand
Market Size
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Market Size- Calculation
According to Demography Report of
U.S.A. in 2016:
Female age from 16-22:
Female Population (163M) *12.2%
(Age 16-22)
= 19.8 M
Regular Users:
95% Confident Interval:
22.8% - 33.0%
19.8M * (22.8% ~ 33.0%)
=4.51M ~ 7.5M
Market Size- Calculation
Market Size- Calculation
Users With Potential Demand:
95% Confident Interval:
18% - 32%
4.51M * 18% = 0.81M
7.50M * 32% = 2.4 M
Average:
Final Market Size : 6.42M
FinancesSteps Infographic
10%
15%
30%
Market
Research
Research on further places to
expand.
Social Media
Ambassadors for the
Pockettach product,
promotion on social media.
Marketing at
Berkeley
Promotions, awareness, and
product testing at UC
Berkeley.
Title
Goes
Here
Production
Costs
Major factor of costs come
from here.
45%
$1000
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Competitor Analysis
The Porta-Pocket
Based in the United
States as a product that
can be attached to ‘any
part of the body” and is
primarily designed for
security when traveling,
safe storage for personal
items, and use for during
exercise.
However, the Porta-
Pocket design is
incredibly simple and
unappealing for both the
purpose and audience
that we are directing the
Pockettach towards.
Porco-Rosso Luxury Bag
Company orginates in
Japan and makes high end
luxury products made of
leather. Bag is desgned to
store small items such as
keys, phones, and other
necessities.
However, they do not target
the young and price
conscious audience that we
are intending the
Pockettach for.
Sales are considerably low.
Interest in product exists,
but prices are a turn-off.
$155$25
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Competitor Analysis
Cheaper Product
Appealing Design
Unsaturated Market
Abundant Potential
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Marketing & Promotion
Digital Marketing:
● Social Media Platforms
- Instagram
- Snapchat
- Facebook & Twitter
● Lead a trend
- Social Media
Campaign
- #Pocketime
- Way of fashion
Traditional Marketing
● Magazine
● Newspaper
● Flyers
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
Appendix
Problem
Product Features
SWOT Analysis
Market Analysis
Competitor Analysis
Promotion
1
Survey Response
PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
THANK YOU !
Why would this be a good idea when competitors
have failed?
It is a fashion
accessory that
provides utility

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Pockettach

  • 1. Lucy Lei, Jay Zhang, Jasmine Zhao PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 2. Problem DataDiagnose Alternatives Evaluation Tight jeans are the current trend to maintain an hourglass figure. With the way that jeans are shaped, there is no room for pockets. Dresses, skirts, and yoga pants are also an issue. According our survey completed by a sample size of 152 women ages 18-22, 84% of the group want the convenience of having a pocket while in such clothings. Alternatives to skinny jeans are not trendy. No alternatives to dresses and yoga pants. Market is still unsaturated and considered undesirable. 80% of the women that have participated in our survey said that they would most definitely wear a trendy, detachable pouch PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 3. Project Features Versatility Pockettach can be attached and removed with ease. Customizable. Fashionable This pocket-pouch accessory has many designs for any occasion, which creates a trendy look Fun Alternative A different accessory for women who want to avoid lugging around a purse Comfort Pockettach is made with the finest linen in the world PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 4. SWOT Analysis Strengths -Solves a prominent problem for women -Creates a trend -We stand as an unique alternative to purses and fanny packs Opportunities -New Market for trendy high school and college students -The market for accessories is growing esp with the millennials Weaknesses -No reputation yet; we have not established ourselves as a reputable brand -Must be a trend to gain popularity Threats -Pre-existing competitors -Lack of exposure -May not be the next trend PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 5. Market Analysis Target Large Market Low Barriers Attractive Market Manufacture industry: Easy Entry Barriers to Entry - Large group of users of skinny jeans - Strong demand - Not intense competition Market Attractiveness Female age at 16-22 Start at Berkeley campus Target 6.42 M Female Population *Age 16-22) *regular users*potential demand Market Size PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 6. Market Size- Calculation According to Demography Report of U.S.A. in 2016: Female age from 16-22: Female Population (163M) *12.2% (Age 16-22) = 19.8 M
  • 7. Regular Users: 95% Confident Interval: 22.8% - 33.0% 19.8M * (22.8% ~ 33.0%) =4.51M ~ 7.5M Market Size- Calculation
  • 8. Market Size- Calculation Users With Potential Demand: 95% Confident Interval: 18% - 32% 4.51M * 18% = 0.81M 7.50M * 32% = 2.4 M Average: Final Market Size : 6.42M
  • 9. FinancesSteps Infographic 10% 15% 30% Market Research Research on further places to expand. Social Media Ambassadors for the Pockettach product, promotion on social media. Marketing at Berkeley Promotions, awareness, and product testing at UC Berkeley. Title Goes Here Production Costs Major factor of costs come from here. 45% $1000 PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 10. Competitor Analysis The Porta-Pocket Based in the United States as a product that can be attached to ‘any part of the body” and is primarily designed for security when traveling, safe storage for personal items, and use for during exercise. However, the Porta- Pocket design is incredibly simple and unappealing for both the purpose and audience that we are directing the Pockettach towards. Porco-Rosso Luxury Bag Company orginates in Japan and makes high end luxury products made of leather. Bag is desgned to store small items such as keys, phones, and other necessities. However, they do not target the young and price conscious audience that we are intending the Pockettach for. Sales are considerably low. Interest in product exists, but prices are a turn-off. $155$25 PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 11. Competitor Analysis Cheaper Product Appealing Design Unsaturated Market Abundant Potential PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 12. Marketing & Promotion Digital Marketing: ● Social Media Platforms - Instagram - Snapchat - Facebook & Twitter ● Lead a trend - Social Media Campaign - #Pocketime - Way of fashion Traditional Marketing ● Magazine ● Newspaper ● Flyers PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 13. Appendix Problem Product Features SWOT Analysis Market Analysis Competitor Analysis Promotion 1 Survey Response PromotionCompetitionFinanceAnalysis AppendixProblemIntroduction
  • 15. Why would this be a good idea when competitors have failed? It is a fashion accessory that provides utility