Q1. Our first question regarding your brand would be about the journey? Elaborate about the inspiring journey of your brand IIFT NEXT? What were the ups and downs which you went through pulling off your brand?
Ans 1) International Institute of Fashion Technology was established in 1990 by country’s leading fashion technologist Ratnadeep Lal who himself has a vast experience in the field of fashion in India and also in Europe & America.
A graduate from prestigious fashion school of Europe London college of fashion Mr. R D Lal having experience of over 30 years – an educationalist having a sharp eye in the field of fashion technology has given IIFT in the field of fashion education a prime position.
Now in IIFT we not only train Indian students but also students from Nepal, Bhutan, Bangladesh, Mauritius and other Africa countries.
The various international event involving bollywood, beauty contest, fashion shows etc. are also organized by IIFT time to time.
The creditability of IIFT is also can be seen through print media where in over 20,000 articles have been published so far in leading newspaper, magazines etc. in India & Abroad.
The success story of IIFT is spread now through its newly established branches. Over 30 branches were established by IIFT for imparting education & providing consultancy service to Industry within span of 25 years.
IIFT has also to its credit of organizing more than 800 fashion shows in India & abroad. IIFT has also been associated with leading bollywood who’s who – Sushmita Sen, Shilpa Shetty, Raveena Tandon, Hasleen Kaur – Femina Miss India etc. who had visited institute time to time.
IIFT has its associate concern International Textile & Fashion council having over 30,000 members and council looks after passing out student’s interest besides looking out for overseas projects.
The participation in national fairs & international fairs time to time has given IIFT a new dimension.
IIFT boutique having futuristic trends is one of the first showrooms for future fashion trends having exporting limited designs to Middle East & Africa sub continent.
IIFT has also been catering to satellite media through – fashion vision an inside video magazine on fashion having shoot over 100 episodes containing fashion & life style trends.
IIFT has its own comprehensive website where you will found all latest updates of fashion world & about IIFT.
Virtual fashion showroom for our net users is also on pipeline beside many national and international projects IIFT is undertaking in coming few years.
Q2. What kind of services you provide which could benefit the students or clients and in what sense, that is to say for their future?
Ans 2) For Students: IIFTNEXT with its focus on student success will be recognized as a national leader within the higher education community in providing quality education that results in producing Innovators, Leaders and highly efficient professionals. We embrace basic institutional values that guide the fulfillment of our Mission. Helping every student to achieve awakening towards success is our highest priority. We are committed to promoting a climate of student awakening and self realization of individual capabilities. We are also committed to providing an environment conducive to teaching and learning; creating and expanding educational opportunities and support services is paramount to our mission. We are committed to the highest standards of excellence in all we do; we exemplify this value by providing programs and services that ensure excellence in teaching and learning, student services and organizational efficiency. We are committed to enhancing and promoting student engagement by fully engaging our students as active learners and by providing a broad range of educational experiences both inside and outside the classroom.
For Franchisee/Investor: Excellent Business opportunity for expected professional with adequate capital in booming diversified education with top education brand. Franchising is evolving. There are greater opportunities of earning good amount of money among both franchisees and franchisors as this
Evolution progresses. New franchises will be developed while the existing systems become more fortified and continue to grow.
Q3. What is the USP of your brand IIFT NEXT and Services?
Ans 3) USP’s of IIFTNEXT:-
-The Best Returns on Investment.
-Fastest Growing Industry.
-Most Prestigious and Valued Institute Of India.
-Most Experienced Institute In India.
-Less Risk.
-Exceptional Strategies.
Q4. What are your expansion plans and future prospects? How will you be doing it?
Ans 4) Company has restructured its business plan and strategies in a big way and is targeting to open 200 units till 2020. To enhance the brand name & keep the IIFTians updated with the current updates and practical exposure, we are on a verge of collaboration with some of the National & International celebrities/eminent dignitaries from Fashion, Interior, Acting and Event arena. The course module has been updated to fetch a balance between traditional & current course material along with international awareness in it. Apart from local events twice a year, to be organized by institutes at their local level, for the students of all streams, the revised IIFTNEXT curriculum will also include 1 National and International event, each, for all streams which will be an opportunity for the IIFTIANS to showcase their talent in National and International platform as well. Moreover multiple office space has been planned across India for better operational support to the channel partners.
Q5. What kind of training and support do you provide to your franchisees?
Ans 5) Our Franchisee will get training Pre & Post the opening. The Training & Support starts from the day Franchisee Agreement has been signed in three stages:-
Stage 1 – The franchisee will be required to attend pre defined training sessions at IIFTNEXT HO which will cover mainly the Operational part along with others.
Stage 2 – The Operations team will visit Franchisee location post infrastructural work at the venue has been started for Sales & Marketing training to the team.
Stage 3 – On the spot training for the selected team will be undertaken just before the opening of the instt. by our operations deptt.
Above all, the operations team is engaged in day to day activities of the institutes and hence ensures support throughout.
Q6. What are your thoughts on the market that you provide your service to?
Ans 6) Education today is fastest growing sector with returns coming almost
Immediately due to the low start up time. It requires minimal investment &
has a ready market. Also this is a service sector and the scope for service
business with high returns.
The entry of multinational brands in all spheres has led to an increase in consumer spending. This in turn has led to a boom in the retail & export sector with manufacturers vying with each other to meet the growing demand. In such a scenario traditional models of education like B.A or B.S.C in any academic field do not hold promise unless the role of private education. Here the role of private education sector becomes important as it can adjust to the needs of growing private manufacturing or retail sector. With the help of FranchiseZing we hope that we will soon be seeing the results of our partnership.
Q7. Where can you see your esteemed brand IIFT NEXT in the next five years time?
Ans 7) IIFTNEXT sees itself as The National Academic Leader, Producing “Icons”, “Innovators” and “Highly Efficient Professionals” on a mission of building a Socio-Economic Super Power Nation from its more than 200 Franchise Institutes PAN INDIA and spreading its Exemplarity of Wisdom across the bandwidth of all SAARC Nations.