I. Executive Summary
Based on the report researching by the Price Water House, the Golden ABC Inc. becomes the third largest industry of apparels, accessories, cosmetics, and fragrance in the Philippines. However, the performance of the company in 2011 seemed lower a bit than the performance in 2010 approximately twenty-three percent. To improve this outputs raising the net income and creating the brand images with the target market, the company should follow the marketing objectives like introduce Penshoppe’s product lines to the prospective customers, raise awareness to enlarge the penetrated market and boost the brand recall convincing the target markets, redeem and keep maximum profits and minimum tax burden with cost saving, develop
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In 2002, it was elevated to the Hall of Fame from the same award giving body.
Penshoppe products have entered the international market and this may be evidenced by their use of foreign celebrities to endorse their products. The brand previously had Mandy Moore as an endorser in 2001 and recently in 2011, they hired Ed Westwick to be the face of the company. In addition, Penshoppe tied up with a New York-based Filipino designer, Robin Tomas, in launching a new line of men and women’s tops.
After 26 years, Penshoppe has become a purveyor of high-quality fashion at affordable prices, with no less than Efron, Ed Westwick and Mauro Maurer as its image models. They adapted to the demands of the market and raised the desirability and value of the brand. From a simple t-shirt, it has become a lifestyle brand. Penshoppe has spawned other brands such as the edgy Oxygen, Memo for office wear, and ForMe for women of different body types. To further raise its image, Golden ABC Inc., has acquired Regatta, the aspirational casual wear, and Tyler, the premium brand.
In the Philippines, Golden ABC’s brands ended 2011 with 500 stores. It is targeting 600 stores by year end. The company also ventured into direct selling with its Red Logo label and a Consumer Group division that sells fragrance and cosmetics under the Acquabella label. The company grew by an estimated 60 percent in 2010. With the
PetSmart is one of the largest specialty pet retailers of service and solutions for the lifetime of pets. More than 1008 stores are open in the United States and Canada that provide pet foods and supplies that are priced reasonably. PetSmart provides all types of services for pets including pet training, pet grooming, pet boarding and adoption services. In addition to providing impressive value PetSmart has the broadest, deepest product range in the industry, including thousands of products exclusive only to PetSmart. Every year PetSmart takes care of the grooming for hundreds of thousands of pets in what PetSmart calls its PetSmart Salons. These animals are groomed and pampered by stylist who have
Marketing is essential for every business, be it a small household business or a large multinational group. All businesses depend on marketing in one way or the other. Setting of goals according to entrepreneur’s visions marks the starting o f the plan. It is better to do proper research and documentation before launching a product in the market or else the results will not be according to one’s thinking. Raymond Morose is the owner of Pet Palace and has been running this business for the last 44 years (Manta, 2010). Raymond Morose is running the business with a small staff but is very clear about his goals, as he has set his goals according to SMART approach. SMART stands for specific, measurable, achievable, relevant, and time-based and
The Australian market is extremely competitive and the company has positioned itself as a luxury products company. The organization 's current market position is that of a market leader. It follows mass marketing strategies. In case of marketing a new product the first consideration to be made by the marketer is that the target market includes the mass market or the targeted segment. Employing several developmental distribution tools including new distributors, online distribution, direct distribution and franchise distribution can be beneficial to the firm and its product as it is well aligned to the product and the firm 's requirement as well as objective. In this way the firm is able to create a brand that is popular and well known to its target
This report is regarding the market analysis of AESOP. As AESOP is the one of the best producing products for Skin, Body, Hair, Fragrance and Gifts. In the report, we will analyze the market strategies of chosen company. We will be discussing in detail about the customers of company, its pricing, promotions and placement in market. Important thing is that the focus will be on marketing mix and strategies adopted by Aesop. We would also like to highlight on the recommendations for the betterment of company and at the end of the report we will show the Swot analysis along with the positioning chart of company with respect to its other competitors. Company may get improvement with the given recommendations.
Since its beginning, the brand been characterised by its gender defying designs, mixing masculinity and femininity in a very contemporary way and creating the idea of a shared closet. “It’s not gender for me, it’s just clothing,” Jonathan Anderson said. “I feel that in a modern culture, if it’s about gender then it’s a very dated concept.” This had been particularly notable in his menswear collections due to society’s more typically conservative attitudes towards the way men dress. J.W. Anderson has been known to send male models wearing mini skorts, crop tops, leather dresses and ruffled knee-high boots down the runways. This uncompromising approach of avant-garde minimal androgyny is a solid USP and provides a niche within the ready-to-wear market. According to Anderson in an interview with The Business of Fashion; “I think the brand will always be about androgyny,” he continues. “I love the relationship between men and women — that coupling. Men with men, women with women, women and men, that kind of mixture of sex and sharing of garments — I think it’s normal. It’s about wearing clothes that tell a story and an emotion; it’s not so much about gender.”
One of Polo Ralph Lauren’s greatest strengths is its marketing strategy, which the brand actually focuses on heavily. “Creating a luxury brand is one thing, but maintaining its marketing aura across good times and bad, traditional media and new, takes genius and Ralph Lauren,” said Mickey Alam Khan, editor in chief of Luxury Daily, New York. Ralph Lauren’s products range from men, women and children’s suites, sports wear, jeans, shoes, underwear, belts and sunglasses to home bedding, curtains and furniture. The way Lauren designs most of his clothes, does not amend to current in fashion trends, an idea which he denounces when marketing his products, because he wants his consumers to feel as if they’ve purchased something more than just what they wear; “I’m not a fashion person. I’m anti-fashion. I don’t like to be part of that world. It’s too transient. I have never been influenced by it. I’m interested in longevity, timelessness, style- not fashion", said Ralph Lauren. Ralph Lauren wants his product to stand out as something of class, style and power, which is why he choose the infamous logo of the man riding the pony playing polo. Over the past 40 years since the Polo brand was created, its products have kept similar styles: the preppy American look. The way the Polo Brand is distributed (place)
As an artist, there are three current self-promotional career goals I have to achieve. My first goal is to be a freelance artist by selling my own artwork online. Most of my artwork consists of concept arts and traditional drawings. My second goal is to publish a children’s illustration book that I made before attending Art School. My aim is to sell my book towards children between 7-12. My final goal (and most important) is to apply for an intern at Pixar animation. I already saw a couple of interns that worked at Pixar and they said it was the mostly enjoyable career they ever have. These are my three goals and there are many steps to take in order to fulfill this dream.
Wal-Mart 's third phase of its marketing plan to market and sell furniture in the new Wal-Mart furniture stores will describe the attributes of its product and services in greater detail than in the first two phases presented by Team B. Furthermore, the third phase will describe the pace at which Wal-Mart 's newly proposed product line will move through the product life cycle as well as the factors that will likely impact its movement. Team B will be laying out the product life cycle and the impact it has on the marketing of the product. This paper will identify the positioning and differentiation strategies for Wal-Mart furniture stores. Additionally, the paper will identify the appropriate
Fisher Price produced a new product to teach children how to tie shoes. In this paper, there is information about who Fisher Price is a description of the new product, their marketing mix method and a SWOTT analysis of the product.
Ann Taylor’s target market primarily comprises of ages between 30 years and 60 years to whom, the company offers a plethora of work related apparel and accessories. LOFT’s target market comprises of 18 to 34 year olds who have a wide variety of casual work related (can be used for other purposes) apparel and accessories. Although the two divisions cater to different target markets, their primary purpose is to provide to the ‘working customer.’ Ann Taylor’s expansion into value based divisions (LOFT and its clearance centers) has captured the value market. The pricing at LOFT is about 30% lower than its sister concept, Ann Taylor. The outlets too, have captured the market that comprises of consumers seeking deeper value over traditional pricing and stores. The corporation added more value to these “clearance centers,” by creating private labels for the outlet centers. All the three divisions have proven to be a success among consumers. A third strength of the company would be its marketing strategies through celebrity associations. Some of the biggest celebrities like Heidi Klum, Milla Jovovich, Rachel Bilson are the faces of the company. The brand equity of the company, i.e. the image of the company in the minds of the consumers is enhanced because of positive perceptions. To further enhance this, the company is specifically targeting different markets by using different celebrities for each type of market. For example: Christina Hendricks, known for her curves is a
Topshop in terms of gaining the competitive advantage inside UK’s fashion market tries to differentiate itself by promoting its online business, its international brand position and its collaborations with popular celebrities. The company’s objectives are following the SMART framework. The objectives are oriented on increasing UK’s market share, re-positioning the brand name in UK and following a tighter stock management. The Topshop marketing mix strategy is based on its STP strategies and is shaped by the UK’s external environment. However, the company is still strong focused on its digital performance and international expansion. Finally, the company in terms of examine the effectiveness of its strategies and objectives should implement, control and evaluate its strategies in depth.
The financial projection of the company is promising based on the strategies that put customers first. Also, the cosmetic industry of US has been thriving and revenue projected or forecasted to shoot
There are over 1.1 million men and woman amateur and pro bodybuilders alone in the United States. The IFBB has competitors age ranges from as young as 16 years to as old as 83 within a range categories for competition, The NutiBullet Pro is a necessary tool to assist the competitors in preparing for competitions fulfilling a need for a quick, convenient and easy way for bodybuilders to create their protein shakes, whey smoothies or one of their required 6 to 7 meals a day.
Introduction………. History……… Brand Inventory……… Brand Exploratory……… Gap Analysis……… Recommendations……… Conclusion……… Bibliography………
The product itself is at the heart of brand equity and brand performance describes how well the product or service meets customers’ functional needs (Keller 2008, 64). Following is Moods’ brand performance measured by some attributes and benefits. Regarding primary ingredients and supplementary features, Moods is doing well with choosing fabric from partners in Paris and Istanbul, who provide the best materials for Moods’ collections based on the requirements of quality, color and even style of button. This leads to the good quality of final products, which help Moods sell them at medium-plus price range. In term of style and design, Moods’ products are unique and favorable in male clothing market because it reflects not only the moods of fun and happiness but also the style of cultural tales that Norwegians love. However, Moods still need to improve designs in female