1. INTRODUCTION
1.1 Abstract
2. Aeropostale is an American clothing brand company that deals in apparel and accessories for men and women principally in the age of 10 to 30 years. It is a proprietary brand that designs, markets and sells its own merchandise. It receives raw materials from a range of suppliers and manufactures its own line of products. It has various departments namely men, women, boys, girls and accessories.
3. The brand focuses on marketing strategies by advertising in newspapers, popular websites and banners across the United States.
4. The customers have an option of becoming a privileged customer or chose to be a regular customer. The privileged customers are offered various coupons that lure them to attractive deals.
5. Apart from having several outlets across the United States it has a well-designed online portal that provides the customers a quick view of its product line, which eases the burden of travelling to the store. The customers can place orders and make payment online using their credit/debit card. There are different shipping options with additional costs by means of which the customers can get an expedited delivery.
1.2 Purpose of Database
Aeropostale is a rapidly developing material brand that has as of late chosen to build its income potential by growing its capacities past the immediate geological vicinity. Until recently, it has focused essentially on the expansion of profits through increased marketing expenditures in local
They are using TV, Social Media, Internet to get popular and known in people. They also launch many advertising campaign and introduces their different promotional offer to the customers.
The brand discussed in this report is Lululemon Athletica Inc. The brand is an athletic apparel retailer, whose main objective is building a community with a healthy lifestyle. Lululemon’s target market is middle/upper class 30-year-old woman. The brand is positioned as a premium high fashion brand for the athletic community. Some of Lululemon’s main competitors include Nike, Under Armour and Gap.
Market players generally have a wide variety of potential customers, which considerably weakens buyer power. Although consumers in this industry may be loyal to particular brands or chains, loyalty to retailer brands is arguably less important than competitive pricing. Many supermarkets run rewards programs for frequent shoppers, such as Tesco’s ‘Clubcard’, and these schemes can help companies retain customers and reduce buyer power.
A coupon is a discounted ticket provided by a manufacturer or a local grocery store to help advertise goods on the market. Couponing is the practice of distributing coupons to consumers as a form of product promotion. Furthermore, couponing is seeking or collecting discount coupons to save money primarily on food and household purchases. However, there is a much broader spectrum for coupons’ use. The negative part about couponing
They have the option for online ordering and delivering. 12. Established brand in the United States of America. 13. Has a strong and firm market share in the industry.
They need to work on earning the trust of their customers with their affordable prices and good quality of the garments sold. In addition to customer loyalty, not enough time is spent on advertising of the company. Because of the lack of advertising AE has experienced a loss of fashion sales in the recent years. The store needs to reach out to its target market by providing more commercial or doing more promotional work. American Eagle is challenged with determining what trends are appropriate for its customers and how to interpret thee trends. Over the past two years, competitors such as Abercrombie and Fitch have lowered their prices, which have created additional promotional pressure for American Eagle. Some investors believe Aeropostale has the value niche and Abercrombie has the high end positioning, so American Eagle is sometimes perceived as being stuck in the middle, without a true niche (http://www.tcnj.edu/~keyser2/Strategic%20Management/American%20Eagle/Datamonitor%20Overview.txt).
This year’s goal is to make higher sales volume by keeping sales prices lower than competitors. All items cost lower than $80, so customers can afford to buy something at Annapolis Outfitters. Unique items will be new every day so this will encourage customers to buy the store’s items. Our staff will ask customers what they are looking so they would “bring it” in the store which will increase the connection with the customers. Hopefully, those strategies will help distinguish Annapolis Outfitters from its main competitors and will be the efficiency and profit generating policy of the
The company currently operates 97 P.S kids store from 22 different states, and the store online center, currently has 914 Aeropostale stores in 50 states, and Puerto Rico, and Canada 97. In addition, pursuant to various licensing agreements in other country. Their currently operates 20 Aeropostale P.S. kids store in the Middle East, Asia and Europe. Their Competitors are American Eagle- Outfitter Inc, The Gap Inc, and Abercrombie & Fitch Co. Aeropostale is unique for their logos, it’s their design and some states has its own special logo. New York Aeropostale logo has New York name include. In Aeropostale products their logos, line of fashion identifies each individual product
Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.
For 50 years, Ralph Lauren 's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. However, in 2015, they reported a 5.3% drop in revenue from June 2014 to June 2015 (O 'Brien, 2015), and since then, the shares began a downward trend.
Fashion Range Co. is a clothing retail company in Canada that offers great quality clothing for teenagers and adults. We are small independent company that compasses of 80-100 employees stretching across Canada making environmentally friendly materials for our fashion trend clothes while emphasizing the importance of sustainability. Our fashion trend is more demographically targeting young men & women aged 13 to 45. Our customers are part of a generation constantly looking for that next best thing. Our stores are mainly located inside shopping malls for our customers to best reach and online store at www.fashion-range.com. With a focus on the latest fashion trends, our customers can be confident in knowing they’ll receive
Their online website is very user friendly, and provides any interested customer with extensive information and includes a "Find Your Nearest Store locator".
This business plan is for Reek’s Bistro, a new medium-sized restaurant located in the Triangle area of North Carolina. The Triangle is made up of three primary cities of the Research Triangle metropolitan region, Raleigh, Durham, and Chapel Hill. Reek’s Bistro will focus on Mediterranean cuisine in an American style restaurant environment. An emphasis will be on natural foods that taste good and are good for you. The restaurant will procure locally grown produce, while offering additional services and products, such as catering and Reek’s Bistro brand items sold in grocery stores.
When a brand is created, many will ask the questions that haunt all of us trying to start a company. Will it work? Should we stay online or launch a brick-and-mortar store? Will I make profit or fail? These questions arise even more when the company is to start only online. Because of this, e-commerce fashion brands must constantly evolve and expand their styles to maintain the interest of their target customers. Fashion Nova is one fashion brand that manages to stay relevant among its consumers because of their edgy style and quality priced clothing. Fashion Nova was first established in 2010. It gained its popularity from celebrities promoting it on their social media platforms and the fact
Promotional strategy can be described as the function of notifying, persuading, and influencing the decisions of a customer regarding a particular product and/or service. Notably, certain promotional strategies are geared towards creating primary demand or desire for a general product category. The most common objectives of the use of promotional strategies across organizations include creating the primary demand for a product, expanding markets, maintaining the current market position, and presenting a corporate view on a public matter. The other important aspect in the marketing mix is developing an appropriate pricing strategy for the product and/or service. The main objective a suitable pricing strategy is to ensure that the product and/or service are provided at reasonable prices while the