Group
- Situation Analysis
- SWOT
Monica:
-Brief Marketing Objectives
-Target Audience
Vicky:
-Thorough Communication objectives
-Integration of marketing communication elements
Minoli:
-Positioning statement and creative strategy
-Media strategy and media schedule
Gloria:
Effectiveness Measures
Budget and time frame:
-TV: $10,000 (daytime, evening) - $50,000 (Breakfast, primetime)
-Print: $5,000 - $40,000 (size)
Victoria’s Secret
‘Eau So Sexy’
(Integrated Marketing Communications Plan)
Prepared by: Gloria Ko (24190063), Minoli Maleesha Rampati Dewage (25196812),
Monica Irene Saputra (25363506), Huiqi Liang (25086464)
Date: October 7, 2014
Table of Contents
Executive Summary
Executive Summary
Victoria’s Secret
Situation Analysis recognition for brand’s fragrance: we don’t want VS fragrance compared to chanel(?) objectifying women target; need to refine
This product is very representative for their brand; needs careful marketing
They use sexualised image; not for children ... The situation analysis indicates the internal and external factors influencing Victoria’s Secret, which ultimately allows marketers to create the most suitable IMC strategy for the fragrance, ‘Eau So Sexy’ (Belch, Belch, Kerr & Powell, 2012).
Brand Background Victoria’s Secret is a globally well established brand best known for their products in lingerie. Originally Victoria’s Secret was introduced uniquely as a lingerie store where men can comfortably
As the perfume, cosmetic and toiletry preparations industry entered the 1990s, it faced many challenges including regulatory changes, product safety concerns, increasing environmentalism, natural ingredients, pressure from the growing animal right
Victoria’s Secret goal is to increase its profits by 10% and also to maintain and gain customers’ loyalty and their satisfaction. Company’s main goal is to maintain existing customers and gain new ones. Victoria’s Secret is very profitable and well-known brand all over the world and especially in US. Therefore, by launching this new line, Victoria’s Secret does not necessarily aims for enormous increase in profitability but increase in customer-company relationships.
In her interview with Motto, Victoria’s Secret Model Erin Heatherton admitted, “My last two Victoria 's Secret shows, I was told I had to lose weight. I remember staring at my food and thinking maybe I should just not eat.” Erin, like many, was pressured by Victoria’s Secret and societal standards to get a near perfect body image. Stores and their advertisements influence how humans behave, see themselves, and think of other people. Stores can affect consumers in negative and positive ways. Victoria’s Secret, known for its quality lingerie, has also branched off into perfumes, apparel, and lotions. Their audience encompasses mainly ranging from preteen to middle aged ladies. Many of their target audience members are easily influenced by Victoria’s Secret’s advertisement strategies and sales. Victoria’s Secret at the Empire Mall in Sioux Falls attracts customers with elaborate displays, and periodic sales and erases identity by creating a false sense of normalcy.
In the late 1970's they drew in the male eye with three models in woolen vaudeville style individual attire. It was genuinely a sex thing for the people. The, when the 80's begun VS advanced men with women giving if a women wore what the model was wearing she could get that magnificent man too. By the mid 90's, men were a relic of times passed by. (Okun, "The 35-Year Evolution of Victoria's Secret") The quest for the VS model was without further ado all the more bleeding edge provocative thong wear that more was about the individual identity of the woman and not the woman and man sharing it together. By, the late 90's women were the substance of the brand addressing the photo that women before long basically need to feel lavishly provocative underneath their pieces of clothing, and this is the time when the VS Angels were displayed as the attributes of the brand. Versus used the favored delegates to delineate how perfect the body of a woman who wore this brand could be. They without further ado give the fantasy of how you have to feel and look in your apparel remembering the final objective to offer. This technique has worked for quite a while in light of the way that there was nothing else like it. Regardless, starting late the association has continue running into an issue. Regardless of the way that the association has progressed presently, their message hasn't created, and this is transforming into an issue for the new millennial business
While I was in Victoria’s Secret I noticed that they have a very specific group of people that they try to advertise towards. This is why the target market consists mostly of women from the middle class between the ages of 20 to 40. However, they also try to target men that may be interested in shopping for their girlfriend or wife who also belong to the middle class.
Imagine a collection so wild, so versatile, so sexy, every body shape becomes perfect. The Victoria’s Secret Brand founded by Roy Raymond has taken over millions of store in the U.S. world and can be seen through many commercials, billboards, and magazine advertisements. The Company specializes in lingerie, intimate apparels, swimwear, sleepwear, beauty products, and etcetera. The brand was created for women to feel beautiful, sexy and confident behind close door for personal reasons and to also feel upper class elite, because the brand itself is known for having high quality material and being very expensive. “The world’s best bras. The sexiest lingerie. The most beautiful supermodels. Discover what’s hot now.” (Victoria’s Secret Ads) is an
Victoria’s Secret is an American manufacturer, designer, and marketer of beauty products and womenswear. Roy Raymond founded this name brand company on June 12, 1977 in San Francisco. He decided to name his company after the Victorian era. Victoria’s Secret is entirely owned by L Brands, which is an overtly traded company. It is the leading American seller of womenswear.
Victoria Secret (VS) that positions their products accurately is a well-known company. It is also the largest women lingerie retailer in the U.S. Furthermore, VS deeply knows how to put their goods in a right position.
Current economic situation in Australia has encouraged major overseas retailers to enter into the Australian market for the first time and these opportunities can bring some advantages to Victoria’s Secret to opens its stores in Australia. With a superb record in the US and strong brand name throughout the world, Victoria’s
Victoria’s Secret has now made lingerie a mainstream, widely accepted garment on the television and in magazines. In 1995, they made it an event in a fashion show which is hugely popular annually. Now a common and well-liked event, the commercials on the television and the annual fashion has sent the gorgeous Angels into stardom. The Victoria Secret models, or Angels, are extreme super models, if there were such term. They are extreme because they are extraordinary famous on the runway and off. People all over the world know who they are because they model for Vitoria’s Secret. There are only a handful of companies whose models are a household name. It is rare, but the products speak for themselves. Many women feel exquisite wearing the brand out and underneath their clothes.
Victoria Secret was founded in by Roy Raymond, and his wife Gaye, in San Francisco, California, on June 12, 1977. The company got its start when Roy Raymond was trying to shop for lingerie for his wife. He’d gone to a department store to make his purchase, only to find himself deeply uncomfortable and made even more so by saleswomen scrutinizing his presence there. “When I tried to buy lingerie for my wife,” Raymond told Newsweek in 1981, “I was faced with racks of terry-cloth robes and ugly floral-print nylon nightgowns, and I always had the feeling the department-store saleswomen thought I was an unwelcome intruder.” Raymond saw an opportunity in his discomfort and in 1977 borrowed $80,000 to open Victoria’s Secret as a store designed originally to make men comfortable when buying lingerie for their wives.
Victoria’s Secret is one of, if not the most popular women’s lingerie and clothing store in the United States. They are known for their higher priced, sexy, and sometimes promiscuous clothing. Victoria’s Secret has come up with many different innovations after first opening their door, such as a make-up line, body care line, and PINK teenage line. The next logical step is for Victoria’s Secret to create a baby clothing line. The baby clothing line, entitled Baby Secret, would have various types of infant and toddler clothing, and would be classic and simple, yet fashion-forward. A
Victoria’s Secret is one of the biggest brands in the U.S. lingerie market. There primary business is to sell intimate apparel business focus on comfort and fit with an emphasis on glamor. As of now, Victoria’s Secret specializes in lingerie, swimwear, beauty products, sleepwear, hosiery, etc. This has helped the brand in developing a unique image for its product.
Victoria’s Secret has grown from only six stores at the beginning into a gigantic retail lingerie business. It does not have another competitor in its field. It
The history of lingerie can be traced back thousands of years to 3000 B.C., but it was not until 1977 when Roy Rogers founded Victoria’s Secret that lingerie evolved into what we think of now. In this paper, we examine the emergence of Victoria’s Secret as the leading retailer in women’s lingerie, the context for the innovation, and the approaches the firm took to commercialize the innovation. Victoria’s Secret was hardly the first lingerie retailer, but it was able to take advantage of a niche market demand, fortunate timing, and a well-sequenced ecosystem to become the market leader it is today. Our focus is on the period between 1977 when Roy Rogers first founded VS, through 1982 when he sold the company to The