Raga Tantr: Business Strategy Plan
1. Vision & Mission
Vision:
To be the leading brand for handcrafted Chikankari clothing, blending tradition with contemporary fashion.
Mission:
Preserve and promote the rich heritage of Chikankari embroidery.
Offer high-quality, handcrafted ethnic wear with a modern touch.
Provide a seamless online and offline shopping experience.
2. Market Analysis
Target Audience:
Women aged 18-45 who appreciate handcrafted ethnic wear.
Urban professionals looking for elegant yet comfortable traditional attire.
NRIs and international buyers interested in Indian handloom fashion.
Competitive Landscape:
Competitors include FabIndia, Jaypore, House of Chikankari, and local artisans.
Raga Tantr differentiates by offering authentic handcrafted designs, customization, and premium-quality fabric.
3. Revenue Model
Direct-to-Consumer (DTC) Sales:
E-commerce website featuring Chikankari collections.
Social media-driven sales (Instagram, Facebook, WhatsApp).
Retail & Pop-up Stores:
Partnering with multi-brand ethnic wear stores.
Pop-up events and exhibitions to showcase collections.
Customization & Made-to-Order:
Premium customization services for exclusive designs.
Bridal and festive wear personalization.
International Shipping & Exports:
Targeting NRIs through global shipping options.
Partnerships with international ethnic wear boutiques.
4. Product & Service Offerings
Core Product Categories:
Women’s Kurtis & Tunics
Sarees & Dupattas
Lehenga & Anarkali Sets
Men’s Kurtas & Ethnic Wear
Kids’ Chikankari Collection
Exclusive Offerings:
Limited-edition handcrafted collections
Eco-friendly & sustainable fabrics
Personalized embroidery and customization services
5. Technology & Platform Development
E-commerce Website:
Built on WordPress (WooCommerce) or Shopify for a smooth shopping experience.
Integrated with secure payment gateways and seamless checkout.
Mobile-Friendly Experience:
Optimized for mobile shopping with a user-friendly interface.
WhatsApp shopping support for quick customer queries.
6. Marketing & Growth Strategy
Social Media & Influencer Marketing:
Instagram and Pinterest campaigns showcasing craftsmanship.
Collaborations with fashion influencers and celebrities.
SEO & Content Marketing:
Blogging about Chikankari history, styling tips, and care guides.
YouTube tutorials on fabric care and behind-the-scenes craftsmanship.
Festive & Wedding Season Promotions:
Special collections for festivals like Diwali, Eid, and weddings.
Bridal and trousseau collections with customization options.
Customer Engagement & Loyalty Programs:
Exclusive VIP memberships with discounts and early access to new collections.
Referral and loyalty points system to encourage repeat purchases.
7. Roadmap & Implementation Plan
Phase 1: Brand Launch (0-3 months)
Develop website and social media presence.
Launch initial Chikankari collection with marketing campaigns.
Phase 2: Growth & Expansion (3-9 months)
Introduce customization services and premium collections.
Increase influencer collaborations and festival promotions.
Phase 3: Scaling & International Reach (9-18 months)
Expand into retail partnerships and exhibitions.
Launch global shipping and targeted NRI campaigns.
8. Success Metrics & KPIs
Sales & Revenue Metrics:
Monthly online sales & average order value.
Conversion rate from website visitors to customers.
Customer Engagement Metrics:
Social media engagement & follower growth.
Customer retention and repeat purchases.
Brand Growth Metrics:
Number of influencers/celebrities endorsing the brand.
Expansion into new markets (retail partnerships, exports).