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		<title>Levi&#8217;s India changes marketing and pricing strategies</title>
		<link>https://www.denimsandjeans.com/brands/denim-brands-indian/levis-india-changes-marketing-and-pricing-strategies/172</link>
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		<dc:creator><![CDATA[Sandeep Agarwal]]></dc:creator>
		<pubDate>Tue, 25 Dec 2007 05:27:41 +0000</pubDate>
				<category><![CDATA[denim]]></category>
		<category><![CDATA[Denim Brands-Indian]]></category>
		<category><![CDATA[Denim Market - International]]></category>
		<category><![CDATA[denim price]]></category>
		<category><![CDATA[levi']]></category>
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					<description><![CDATA[[ad#for-post-top] Levi&#8217;s India is changing the marketing strategies for its Denims and Non-Denim brands. On the one hand it is seeking to expand its presence in the Premium and Super-Premium segment by launching more products in this segment. On the other hand, it is seeking to strengthen its Value Brand &#8211; Signature. Launched last year [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>[ad#for-post-top]<br />
Levi&#8217;s India is changing the marketing strategies for its Denims and Non-Denim brands. On the one hand it is seeking to <strong>expand its presence in the Premium and Super-Premium</strong> segment by launching more products in this segment. On the other hand, it is seeking to strengthen its <strong>Value Brand &#8211; Signature</strong>. Launched last year and priced between Rs 599-Rs999(USD 15- USD 25) in small towns and upto Rs 1399(USD 35) in larger towns,Signature seeks to capture a large share of the Value segment of Branded Jeans &#8211; which is currently estimated at about <strong>10 million units</strong> &#8211; by having more than 5000 sale points for the same throughout India (as against 1000 currently).</p>
<p>In the <strong>Premium</strong> segment the prices are in the range of Rs 2000-4000(USD 50-USD75), <strong>Super premium</strong> has price range of Rs 4000-6000(USD 75-100) and <strong>Connosieur</strong> segment is Rs 6000-12000(USD 150-300). Levi&#8217;s wants to increase its presence in these segments. It however does not want to be present in the Mid Price Segment ie Rs 1000-2000(USD 25-50) .Thus Levi&#8217;s India is following the International trends where Value and Premium segments are expected to do better than the mid priced segments. The Value offering of Signature is Levis&#8217; take on the local Indian brands who are selling decent jeans in the range of Rs 600-Rs1200/ &#8211; but who do not have the brand value of Levi&#8217;s.<br />
The <a href="http://economictimes.indiatimes.com/News/News_By_Industry/Cons_Products/Garments__Textiles/Levi_Strauss_to_douse_GAS__Diesel_fire_with_new_products/articleshow/2649192.cms">estimates</a> for the market of Premium and Super Premium denim in India are about <strong>7 million and 3 million </strong>(though I need to verify the same) and offer substantial possibilities for growth for brands like Levi&#8217;s.However, the going will not be as smooth since Levi&#8217;s will not be able to offer great washes in its Signature line &#8211; and washes are one of the biggest factor for purchase of Jeans by the young.</p>
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