Viralbhayani reports Deepika Padukone's airport look when she's seen coming back from Europe. Dressed in chic overalls, she struggles with her suitcase while trying to make her way through the paparazzi. But wait, what's that? She's carrying a huge gray suitcase - something she maybe borrowed from her father. Images go viral; "Beauty & the Beast", say news articles. Embarrassed, she looks for Luxury Suitcases from US & the UK, since Indian Luggage Market only offers suitcases for uncles going for 'business trips' to Bangkok. In comes Mokobara, a travel & lifestyle brand, marrying great aesthetics with even greater functionality to build high quality products. Now an early investor, Deepika flaunts her airport look with her new personalized Mokobara suitcase, with RK DP engraved on it. Viralbhayani's caption on this new look: #airportlooksmatter #nounclesuitcases #whatarethoseeee
The traditional Indian Luggage Market, on one hand, had brands offering low-quality products at low prices. And, on the other hand, had expensive foreign brands that would cost more than the flight ticket for your trip. With a jaded luggage and accessory market, there were legacy companies, but all they had were products. The market was full of bags, but what was missing was a brand. Enters Mokobara, on their super silent ninja wheels, with a mission to help folks #GoingPlaces travel with ease and get there feeling like a million bucks.
In the recent times, most love advertising every aspect of their lives on Social Media. The modern traveller, specifically, puts an effort into their "airport look" and loves posting and talking about it on social media. And, that is why, Mokobara aims to deliver designs that resonate with their aesthetic sensibilities. Benchmarking its products with international brands when it comes to quality and functionality, Mokobara strives to elevate the joy of travel. Whether that's through the addition of hidden pockets to secure your passport/phone on our backpacks, or the Japanese Hinomoto wheels that stroll smooth like butter (like a criminal undercover), or the flashy-yet-elegant colour schemes.
Core Value Proposition:
There has been a notable shift in preferences within the luggage and bag industry, driven by evolving lifestyles, increased travel, and a heightened emphasis on functionality and style.
Mokobara is not a luggage company, its a travel fashion and lifestyle brand. It caters to people looking for innovative, high-utility, fashionable travel accessories, while not compromising on quality. Mokobara gives people a brag-worthy product that can endure the many challenges that may come while travelling, whether its commuting in a Tier 1 city or travelling to remote, unseen places. Because afterall, "We (Mokobara) believe humans are like sharks. They have to keep moving to thrive. To grow. To feel alive. As long as they have a destination in mind - whether it’s a life goal, career aim or even a trip - they have a purpose in life. They’re #GoingPlaces."
Mokobara's users are predominantly Millennials & GenZ, in the age group 20-45
Criteria | ICP 1 | ICP 2 | ICP 3 | ICP 4 |
---|---|---|---|---|
Name | Kabeer | Naina | Aditi | Aadi |
Age | 30-35 | 23-27 | 25-28 | 18-22 |
Location | Tier 1 City | Tier 1 City | Tier 2 City | Tier 2 City |
Sex | Male | Female | Female | Male |
Income Level | >20LPA | <10LPA | >15LPA | <5LPA |
Occupation | Sr. Product Manager (+ travel blogger) | Jr. Sales Associate | Influencer/Papa ki pari | Student |
Life Stage | Single and ready to mingle | Single | Married | Single |
High-usage apps/websites | Cred, LinkedIn, Instagram, Groww, AirBnb | Instagram, WhatsApp, LinkedIn, Nykaa | Instagram, WhatsApp, Facebook, Snapchat, Cred, Myntra | WhatsApp, Chess.com, Udemy, Coursera |
Need | a backpack that can fit all his office paraphernalia and then some for the weekend trip he's going to take | a new handbag/backpack she can use regularly for her new job that requires her to travel a lot and meet new clients | a chic-looking suitcase that can store all her 30+ outfits for her 7 day Bali trip | a new backpack to store all the electronics he's won from various competitions, while keeping them safe as he travels in the train |
Pain Point |
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Psychographic Factors | Worried about how he carriers himself, he wants his bagpack to go with his outfits |
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Product Usage | High | High | Medium | High |
Benefits Sought | Aesthetics and Storage | Storage and Durability | Aesthetics and Functionality | Storage and Durability |
Perceived Value of Brand | He's seen Aditi Rao Hydari and Yuzi Bhai carry the same bag he's been eyeing on Mokobara | Products look great, but are way over her budget. Plus, she's not even sure about how much storage it offers. Maybe she should visit their newly-opened offline store & see the product for herself |
| Doesn't care about the brand. Cares more about user reviews on multiple e-commerce websites |
Average Spend on the product | 5-6k | 2-3k | 10-15k | 1-2k |
Potential Repeat Customer? | Yes | Maybe | Yes | No |
(Note: the above-mentioned ICPs are influenced by user research calls)
Prioritizing ICPs for Acquisition:
Criteria | ICP 1 - Kabeer | ICP 2 - Naina | ICP 3 - Aditi | ICP 4 - Aadi |
---|---|---|---|---|
Adoption Curve | Low | High | Low | High |
Appetite to Pay | High | Medium | High | Low |
Frequency of Use Case | High | Low | High | Low |
Distribution Potential | High | High | Medium | Medium |
Prioritizing ICP-1 & ICP-3 on the basis of:
The Indian luggage segment is oligopolistic especially in branded labels; VIP, Safari and Samsonite collectively contributing most (~70%) of the market share in branded luggage in India. Dominated by the informal segment in the past, the Indian luggage sector has significantly shifted to the formal, or branded luggage - because of increasing disposable income, e-commerce penetration in the Indian market, and brand awareness.
Some Numbers:
Calculating the size of Mokobara's Indian market:
Mokobara's Top Competitors in India: Nasher Miles, Assembly Travel
Mokobara is considered to be a trendsetter in the new era of branded luggage market in India. The competitors are sometimes considered as "copy-cats"
Studying current acquisition channels:
Experiment Shows Up To 60% Of “Direct” Traffic Is Actually Organic Search - ~50% of Mokobara's traffic comes from Organic Search - whether its from word of mouth or from people cross-walking after seeing their products on an e-commerce website.
Channel Prioritization Framework:
Current Scenario:
Suggested Content Loops:
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