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Digital Fashion Week – World’s First Live Streaming Only Fashion Week to be Hosted In Singapore October 2012

DFW Digital Fashion Week Singapore 2012

DFW Digital Fashion Week Singapore 2012

Live streaming of fashion shows has become de rigueur but we’re taking it up a notch with Digital Fashion Week (DFW). As the world’s first live streaming only fashion week, DFW will unify fashion and technology innovation in this groundbreaking advancement.

 

Digital Fashion Week 2012

 

Gone is the era of front row guests at the traditional fashion weeks. This time, we’re going digital. For the first time in fashion history, a fashion week will be live streamed solely online, and consumers can shop their favorite looks off the runway in real time and have them delivered in a matter of weeks – way before they hit the stores.

A high-profile showcase of celebrated designers from every major city, DFW gives designers the ability to reach out to consumers worldwide and global audiences absolute access into the world of fashion.

Labeled by CNN Go as ‘The Next Big Names in Singapore Fashion’, DFW is organized by the creative minds of STORM Creative Events Agency. As the pioneer of fashion show live streaming in Singapore in May 2011, it garnered a record high of 500,000 viewers from 90 countries within a week.

This October will see DFW’s debut edition, Digital Fashion Week Singapore exclusively available for viewing at http://www.digitalfashionweek.com. The twice-yearly event boasts an exciting designer lineup of Singapore’s biggest names presenting their Spring/Summer 2013 collections, with a special appearance by an international guest designer marking the inaugural event in a debut runway show.

Digital Fashion Week

Quote startMr. Keyis Ng, co-founder of Digital Fashion Week states, “Until now, no digital platform as powerful as DFW has
existed for designers to reach out to people worldwide.”Quote end

Besides live coverage of DFW front row and backstage buzz, interviews with designers and artistes and fringe events, DFW incorporates new features such as live runway commentaries by key fashion figures, pre-show performances by internationally renowned artistes and a one-stop mobile application to provide users with instant fashion show live streaming, videos, runway photos, designers information and e-commerce shopping – giving the global audiences a dynamic fashion week experience like never before.

Digital Fashion Week consists of three main elements:

Front Row Access:
Live backstage action of hair and makeup.
Live interviews with models, designers, hair and makeup artists.
Live pre-show performances by renowned artistes.
Live runway shows with special appearances by top models . Live runway commentary by key fashion figures.
Live post-show party coverage.

Real-Time Shopping:
Consumers can buy their favorite designs off the runway instantly and have them delivered within a matter of weeks.

Power to Influence:
Consumers will have the unique opportunity to provide the designers with instant feedback. The pre-orders made for every collection will provide designers with insights into market trends.

Mr. Keyis Ng, co-founder of DFW states, “Until now, no digital platform as powerful as DFW has
existed for designers to reach out to people worldwide. We aim to harness technology and
creativity to promote home-grown designers in each city to the global audiences by capitalizing on the hype generated from the fashion shows. The buzz created will then be directly converted into sales and sync the fashion communication cycle with its retail cycle.”

In conjunction with Digital Fashion Week Singapore, a virtual B2B platform, DFW Digital Showroom will also be launched. Press, buyers and retailers from all over the world can enjoy
exclusive access to intimate collection presentations by the DFW designers through lookbook
images and pre-recorded videos made available immediately after every fashion show. DFW will be the ultimate digital fashion gateway in connecting designers to the world.

“Singapore has grown to be Asia’s most network-ready country with one of the highest mobile
penetrations in the world. The age of Digital Fashion is here; it is the perfect timing for the fashion
industry to embrace the future of technology, first-hand in Singapore.” co-founder of DFW, Ms.Charina Widjaja said.

Besides its official launch as a twice-yearly event in Singapore, DFW will also proceed to other major cities around the world.

Show schedule, designer and performance lineup, additional updates will be announced in August 2012.

Frontrow DFW Digital Fashion Week Singapore 2012

Frontrow DFW Digital Fashion Week Singapore 2012

About Digital Fashion Week Private Limited
Digital Fashion Week Pte Ltd was founded in 2012 by the creative minds behind STORM Creative Events Agency. STORM is widely recognized for pushing boundaries by combining technology with lifestyle and was named by ELLE Singapore as ‘The Name to Watch’ within the first year of its launch. STORM has also been featured several times in leading publications namely Marketing Magazine UK, CIO Asia, Springwise.com, TrendHunter.com, The Straits Times, The New Paper, Lian He Zao Bao and many more. The team at STORM has worked with many established fashion houses ranging from high-end designer labels to mass market brands.

DFW Digital Fashion Week Singapore 2012

DFW Digital Fashion Week Singapore 2012

Original Source: PRWeb.com

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Addicted to Style & Fashion?? These is an App for that!!..

Looking for a great fashion app? Happy Downloading!!

 

NY Magazine recently named their favorite fashion-centric apps to see which ones are worth your precious downloading time!  Below are their top ten picks for the iPhone.

shopstyle mobile Fashion App

shopstyle mobile Fashion App

ShopStyle: Mobile 
This site’s stylish and intuitive spinoff app aggregates clothing and accessories from more than 100 e-commerce sites (Asos, Bluefly, and Neiman Marcus among them). Poke around indiscriminately or filter by category, keyword, brand, store, price, color, size, and sale. If you fall in love, the site forwards you to an online retailer. The free app is best for those who don’t really know what they want (“a white dress … maybe sleeveless … ideally under $200″) and would like to cast a wide net to see what’s out there. Download it here!

Chicfeed Fashion App

Chicfeed Fashion App

Chicfeed
This bare-bones app pulls photos from some of the Internet’s most respected style blogs, including the SartorialistFace Hunter, and Lookbook. The sorting functionality — or lack thereof — leaves something to be desired, but if you’re just seeking quick-hit eye candy, there’s no better way to see loads of style snaps all in one spot. The app is available two ways: free with advertising or 99 cents without. Download it here!

DVF - Diane Von Furstenberg mobile fashion app

DVF - Diane Von Furstenberg mobile fashion app

Diane Von Furstenberg
While many designers with apps remain skeptical about mobile commerce, Von Furstenberg told W, “We already do so many things from our phones, so shopping is a natural progression.” Accordingly, DVF’s app allows users to shop via a “Looks We Love” section or by thumbing through the collections — albeit not 24/7. (Our nighttime request to purchase a one-shoulder floral dress wasn’t addressed until regular business hours.) Still, DVF gets props for rounding out the app with Facebook-sharing capabilities and access to her Twitter feed. Download it here!

GAP StyleMixer Mobile Fashion App

GAP StyleMixer Mobile Fashion App

Gap StyleMixer
This innovative brand app allows you to mix and match Gap items with pieces already hanging in your closet. Create outfits using uploaded photos or use the “Mixer” to browse Gap products and create head-to-toe new looks. Shake your phone and the Mixer will generate a random combination of pieces, including shoes and accessories. The “Community” function allows you to share your uploaded looks, as well as check out combos other app users are creating. On the downside, if you’re near a Gap location, you can also supposedly “unlock” a special promotion on your phone; we tried, but were lamely told to “check back soon for a new offer.” Download it here!

Glamour Ask a Stylist Mobile Fashion App

Glamour Ask a Stylist Mobile Fashion App

Glamour Ask a Stylist
Wang or Wu? Jeggings or jorts? Dr. Scholl’s with socks or without? These are the types of pressing sartorial questions one might bounce off a trusted friend — or one of Glamour’s on-call app stylists. Here’s how it works: Browse their mini-bios (some are from glamour.com, others from Craigslist), choose the one most up your aesthetic alley, upload your outfit pic and/or inquiry, and wait. Our selected stylist responded to our day-to-night dilemma fifteen minutes after we fired off our request. And, in true women’s-mag fashion, we were given an extra boost of confidence (“You’ll look awesome wherever you go!”). A solid bet for the indecisive. Download it here!

iShoes Mobile Fashion App

iShoes Mobile Fashion App

iShoes
Scroll through more than 50,000 kicks in the shoe-porn Finder, or search the sea of shoes by style and designer. The app indicates which pairs are on sale and connects you straight to buy-it-now retailers. The app is free, functional, and offers decent-size closeups of each item, though we hope its creators introduce better browsing filters (like color, size, heel height, material, etc.) with the next update. Download it here!

Lucky at your Service Mobile Fashion App

Lucky at your Service Mobile Fashion App

Lucky at Your Service
This free app uses GPS, e-commerce, and flesh-and-blood staffers to hunt down editor-approved clothing, shoes, accessories, and beauty products. Once you’ve settled on that to-die-for Nanette Lepore dress, the app will direct you to an online retailer, and in select cases, a store within 50 miles (typing in a Manhattan Zip Code netted results within the five boroughs, as well as White Plains, New Jersey, and Long Island) that stocks it. If you’re game for an in-person pickup, tell the app your desired size and color, and the Lucky ”concierge team” will call the store to see if it’s available (regular business hours apply). If it is, they’ll even ask the store to set it aside for same-day pickup. The app was super-buggy when it first debuted and is still slow, but it’s the closest us proletarians may ever get to having a personal assistant. Download it here!

Lustr Fashion Finder Mobile App

Lustr Fashion Finder Mobile App

Lustr Fashion Finder
Get off the G train in a new ‘hood and want to kill time at a men’s business accessories trunk show within walking distance of where you are? This impressive sales and promo finder shows you exactly what’s happening in real time near you, and draws up a list of upcoming events and promotions searchable by distance, neighborhood, and time remaining before sale end. Navigate sales based on your location and specify down to the type of product you’re looking for (accessories, beauty products, shoes, etc.), the occasion for which you’re shopping (working out, getting married, etc.), or the style you’re going for (edgy, preppy, etc.). You can even create an itinerary and score exclusive-to-Lustr deals. Download it here!

Style.Com Mobile Fashion App By Condé Nast Digital

Style.Com Mobile Fashion App By Condé Nast Digital

Style.com
Instead of downloading a bunch of individual designer apps, peruse this hub of major ready-to-wear and couture collections (including menswear), dating back several years. The free app features runway videos beamed to your iPhone hours after the collections debut, as well as show reviews and photos of every look. Supplemental features include international party-scene coverage and access to the site’s Style File blog. The app occasionally stalls and crashes, but it’s thoroughly comprehensive and easy to use. Download it here!

StyleBook Mobile Fashion App

StyleBook Mobile Fashion App

Stylebook 
Like most wardrobe-organizing apps, Stylebook ($3.99) lets you upload photos from your closet, tag and categorize everything you own, plan out what you’ll wear in the coming month, and track how many times you’ve worn each piece. But unlike the others, it allows you to move, assemble, and resize pieces from your wardrobe right on the screen, layering outfits to see exactly how they might look. The biggest drawback was the app’s inability to edit out the background from uploaded photos — your best bet is to use the “manual erase” function, or just Photoshop it out yourself before uploading. All in all, Cher Horowitz would be pleased. Download it here!

 

 

Source: blog.scad.edu

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Top 5 Tips for Writing a Killer Business Plan | Niche Volumes

Starting a business plan is a detailed process that is both educational and revealing. with existing companies it is a chance to re-evaluate profit margins and focus on the prominent areas of the business while cutting out the departments that are losing money. For business plans for new companies it is an opportunity to really focus on, and understand the industry and evaluate whether your next big idea will be successful before you make a large investment.
Although up to 44% of new businesses survive 4 years or more the success of any new business is good planning, access to capital and good business management.
Here are the 5 best tips for creating a killer business plan that will undoubtedly impress:


1) consider your Audience
Business plans are developed for many different reasons. Is it for presenting to a panel for project approval? will it be to submit for funding? Is it simply to restructure the business for profitability? Each of these avenues will require adjustments to the plan format and style you will need to use throughout the document. If you are attempting to obtain funding then you will have to have very detailed cost and ROI projections that are measurable and realistic. If you are making a presentation to a non-profit or a board of directors it is likely that you will need to include a directive on community impact or involvement and impact (either positive or negative) to the existing business. Remember your audience as you creates your document to ensure you focus on the important topics and leave no questions unanswered.


2) Quality Reference Material Is Key
It is important to integrate a diverse mix of reference material in your plan document. the web is great for the latest news but is not nearly as highly regarded as printed documents. be sure to use a good mix of reputable internet reference along with well-known facts and industry statistics most often found in printed literature. Industry specific publications and industry magazines are an excellent way to get the latest news and trends in a reliable place. Always include references from industry publications as well to raise the standard your business plan and build credibility in your due diligence. Always make sure to cite your research or any quotes you may use. this will also build credibility while ensuring you are not infringing on any protected or copyrighted content you use. To quickly and easily cite your sources there is a web-based tool that you can use to enter in your info and get back the properly formatted entry for the works cited page. it makes the process a breeze: easybib.com.


3) Do your Own Research
Creating a solid business plan is the singular first step in knowing your industry and understanding what it will take to be successful in your chosen field. Part of developing a plan should be to evaluate competitors, define your business strategy and start to understand if your value proposition meets a tangible need in the marketplace. Walking through the initial steps of creating a business plan is an invaluable process that will help to ensure that your business can survive the market trends. Don’t pay someone else to do your research for you or it may end up costing you more than you think.

4) using a Business plan Template
Now that you have various notes and articles, market information and loads of statistics it is time to put it all together in a layout that will highlight the data you have compiled. Finding  business plan examples can be a challenge as every business plan is different (see point #2 above), however you can develop your own based on a compilation of the different topics or areas you want to cover. If you want a business plan template that comes formatted with sample headings and the different categories already setup, try using the plan layout from online websites. this site has a real business plan in Word format for quickly changing out headings and information. In addition the plan comes with a break-even analysis template in Excel as well as a 1 year Pro-Forma template in Excel with the formulas already built for easily updating and projecting costs for your business. this is a big time saver and an easy way to quickly get the business plan document underway without having to start from scratch.


5) Seek Out Experts in the Industry
Finally, after you have organized your information reach out to some industry experts like local college professors, trade show organizers, or even your local Chamber of Commerce for some insight and feedback on your plan. it always helps to get a second opinion on the plan before making the final presentation. having one or more individuals look over the plan will shed light on areas that need to be revised or reinforce that the business plan is ready to present.
Don’t get distracted spending valuable time figuring out the Works Cited, Table of Contents or overall plan layout. use the templates or resources that are readily available to you and spend the time focusing where you should, on the reporting and presentation of your business idea.

Source: Onlinebusinessplans1.net

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Case Study – how market research supports the new product development process

Market research is the process by which businesses find out about customers’ needs, wants and desires. It makes possible the successful development of new products.

This study shows how an international company, Beiersdorf, combines market research with new product development on its NIVEA Deodorant brand to provide exciting new products that better meet consumer requirements.

Beiersdorf has a clear goal – to be as close as possible to consumers, regardless of which country they live in. Developing superior consumer insights is fundamental to the continued future success of Beiersdorf and its international brands like NIVEA, Eucerin and Atrixo. These are the result of more than 120 years of experience in research and development.

Beiersdorf has launched many new brands and products into a variety of countries and categories. Being an innovation leader has allowed Beiersdorf actively to shape its markets and set new trends. These product launches have led to long-term global growth.

THE KEY STAGES OF MARKET RESEARCH AND NEW PRODUCT DEVELOPMENT

Market research involves the systematic gathering, recording and analyzing of data about customers, competitors and the market. This links marketers to consumers by supplying essential information to solve marketing challenges and help with marketing decisions.

Market research helps a company create and develop an up-to-date and relevant portfolio of products.

Creating new products

Beiersdorf’s international Market Research team is based at company headquarters in Hamburg, Germany. The team’s objective is to be the voice of the consumers within the organisation. High-quality market research has helped secure the long-term future of the business. Analysing and understanding the data gathered on consumers’ behaviours, needs, attitudes and opinions minimises the risks involved in making marketing decisions.

Market research in a global organisation needs the help and support of the company’s overseas affiliate companies. Most affiliate companies (in the UK for example) have dedicated Market Research Managers. how the npd prosses worksThey help the central research team in gathering and interpreting consumer views. These views provide information or insights that ultimately result in the development of new products suitable for a global market.

This case study follows the development of a new NIVEA Deodorant called Pearl and Beauty aimed at young women. This case study will give you a clear picture of how market research has helped New Product Development (NPD).

IDENTIFYING CONSUMER VIEWS AND PRODUCT NEEDS – WHERE TO START?

Market research should start with the consumer and serves two purposes:

1) To inform companies about consumer needs and desires. What are the trends in the market? What do consumers want?

2) To give consumers the opportunity to talk to the providers of products and services so that their views are taken into account.

questions that need answering

Businesses exist in a fast-moving world with increased consumer choice. It is essential that a company knows its market and its consumers before developing any new product. Lots of questions need answering.

Consumer insights drive New Product Development. This information takes into account their behaviours, attitudes and beliefs. It is an expression of their wishes and desires. Businesses use consumer insights to create opportunities for their brands. It is the starting point that enables brands to fit meaningfully into consumers’ lives.

Across countries, consumers are different in terms of culture and lifestyle. NIVEA’s challenge was to find similar insights from consumers across different countries. This was used to optimize product development.

Secondary research

In the deodorant category, NIVEA used many secondary research sources to discover consumers’ views and their need for deodorants. These related to different markets and were supplied by local country market researchers. These included:

i. A consumer Usage and Attitude study. This had been conducted a few years earlier across various markets (UK, France and USA).

ii. An external study by Fragrance Houses. This covered the importance of scent and fragrance to people’s well-being and mood.

Primary research

The research team felt therefore there was not enough recent knowledge about the consumer in the secondary research. They commissioned some primary qualitative research in key markets (Germany, France, UK and USA). This was aided by the local Market Research Manager. The aim was to understand the motivations for using deodorant amongst the female consumer.

Primary research is used when there is no existing data available to answer your questions.

The research involved small discussion groups of females. This helped researchers understand the beliefs and motivations of this group. There were several main findings:

  • There is steady growth in females shaving. They wanted to look after their underarms throughout all seasons (not just in summer).
  • Women cared increasingly about the condition of their underarms.
  • Women desired attractive, neat underarms. This symbolised sensuality and femininity.
  • The deodorant segment remained focused on functional rather than beautifying products.

Results of the research

The market research revealed an unexplored market potential for NIVEA Deodorant. The brand did not have a specific product that addressed ‘underarm beauty’ for the female consumer. No direct competitor was offering a product to meet these needs. So there was a clear opportunity to develop a new product. This would fit across different markets and with the current NIVEA Deodorant range.

TURNING CUSTOMERS INSIGHTS INTO PRODUCT CONCEPTS

Consumers showed a need for a ‘beautifying, caring deodorant’. The team generated ideas on how to address the consumer need.

From these ideas the marketing team created ‘product concepts’. These describe the product benefits and how they will meet the consumer needs. Several concepts were written in different ways. These explained and expressed unique product attributes.

The company needed to know which concept was preferred by prospective consumers. It carried out market research to test whether the concepts would work. The research was conducted amongst the desired target market. For Pearl and Beauty, the desired target market was 18-35 year-old women who were beauty-orientated, followed fashion and looked for products with extra benefits.

Quantitative research on the concept was carried out in two test markets (France and Germany). An international company like Beiersdorf must test products in more than one market to assess properly the global appeal.

The concepts were tested monadically. Monadic testing means that the respondent of the test is only shown one concept. This stops the respondent being biased by seeing many variations of the same product concept.

A number of criteria were used to test the concepts:

1) Deodorant category performance measures. These included wetness, dryness, and fragrance. The new concept must deliver generic core benefits.

2) Product attributes specific to the new product and NIVEA core values. The new Pearl and Beauty product has additional benefits to a ‘regular’ deodorant. For example, it leaves your skin feeling silky and gives you beautiful underarms. Consumers needed to understand and see these benefits.

3) The product needed to be relevant and motivate a consumer to purchase it.

The team chose the ‘winning’ concept. This best conveyed beauty while remaining relevant to the deodorant category and NIVEA brand.

Next the research team tested various name ideas for the product and developed different designs for the packaging. Packaging design plays a very important role in helping to communicate the image of the product. Pearl and Beauty needed to communicate femininity and sophistication. Pink was a natural colour choice for the packaging. They also used a soft pearlescent container to emphasise the ‘pearl extracts’ in the product.

Various design ideas were tested using quantitative market research. In addition, this helped to predict the volume of the new products that would be sold, the optimal selling price and the level of switching from existing NIVEA Deodorant and competitor products.

TESTING THE PRODUCT, BRAND POSITION AND ADVERTISING

Testing

The stages described so far produced a product concept that consumers felt was relevant and which they were willing to buy. The next stage was to test the product on actual customers. Many product launches fail, despite great advertising. A big reason is because the product fails to live up to the promises made.

The Market Research Team conducted a product usage test. A de-branded sample of the proposed new product was given to the target consumer of females in several countries. De-branded means the deodorant was in a blank container so that the consumers did not know who made the product or what type it was. Very often consumers form opinions about products and services from advertising and packaging. This can sometimes be very strong and creates a bias in what they think of a product before trying it.

The consumers were asked to use the new deodorant for a week. They kept a diary of when they used it and scored the performance of the deodorant against a list of criteria. These included:

  • Did it keep you dry all day?
  • Did you have to reapply it?
  • Did you like the fragrance?
  • Did it last all day?
  • Was the deodorant reliable?

Consumers applied the ‘de-branded’ deodorant under their right armpit and continued to use their current deodorant under their left armpit. This helped the users gauge if it was as good as or better than the brand they normally used. This gave a measure of how likely the consumer would be to swap brands.

The results of the test were very positive. Most consumers loved the fragrance and the feel of the product on their skin. They felt it performed as well as their current deodorant. Most said they would swap their brands after trying the product.

Brand positioning

Now the marketing team had a new product idea that consumers liked. It had a name and packaging design that were well received. They now needed to check how this fitted with the rest of the NIVEA Deodorant brand positioning and range.

The brand position is the specific niche in the market that the brand defines itself as occupying.

The NIVEA Deodorant Pearl and Beauty adds a touch of feminine sophistication and elegance to the NIVEA Deodorant brand’s personality. This built on the core deodorant positioning. It made NIVEA Deodorant more appealing, modern and unique to trendy, young female consumers.

Using qualitative research to inform advertising

The next stage was to brief an advertising agency to develop communication to support the launch of the new product. Through market research the team could check whether the advertisements positively supported and communicated the new product.

The company conducted qualitative research on some advertising ideas amongst various groups of the target consumers. It presented ideas in the form of ‘storyboards’ of what a TV advert could look like. The objective was to evaluate which were the best ideas in terms of:

  • Did they stand out as exciting or different?
  • Were they relevant to the consumer?
  • Did they communicate the right things about the new product?
  • Did they persuade the consumer to want to purchase the product?

Evaluating success

Once the product is launched and the consumer can actually purchase it, the research process does not stop.

Continuous consumer tracking can be carried out to find out consumers’ views of the new product. This involves interviewing people every day to find out whether they are using the product, what they think of it and why they would purchase it.

Beiersdorf uses other, secondary data sources such as consumer panel data and EPOS (electronic point of sale) data. These monitor the sales effectiveness of the product throughout the launch phase and through the product life cycle.

CONCLUSION

New product development should start with an insight based on consumer needs.

Throughout the NPD process, market research is a valuable tool for Beiersdorf to check viability and minimise the risk of the product launches.

Being an international company, it is essential that Beiersdorf develops new products using the insights of consumers across markets and cultures. This ensures the products are relevant to a large number of global consumers and will deliver the maximum return when launched.

This maximises return on investment for the company and results in happy, satisfied and loyal consumers


Source: thetimes100.co.uk

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