Tuesday, 15 October 2013

Looking at different brands: expensive, mid-market and cheap

11th October 2014

Expensive Brand:

Burberry

Product
Trench Coat, Checked pattern

Price
Very high end - but price comparisons/range throughout the brand

Place
Flagship store in London, Bond Street
500 stores in over 50 countries
Also sold in large department stores such as Selfridges and Harrods

Promotion
Celebrity endorsement
Live streamed catwalk show during LFW
Social media: Twitter, Instagram, Facebook

People
Celebrity endorsement – trying to get rid of ‘chav’ image
E.g. Emma Watson, Rosie Huntingdon-Whitley, Jordan Dunn, Agyness Deyn, Kate Moss, Romeo Beckham (there to show children’s clothes but appeals to parents due to the positive message/influence of his parents)
All British so represent brand through them – ambassadors to the brand

Process
Customer service – good customer service makes people return

Physical Evidence
Store is an experience – both sophisticated and modern
Gives you an extra service: makes it seem more worth the money
Clothes can be held up to screens to view them on the catwalk – new technology

Brand Image/Identity (Desired & actual)
Improving gradually – was very chavvy with fake hats/bags being sold so wrong people representing brand, overcoming it gradually with celebrity endorsement

Target Consumer
Twenties plus (not much under due to price) aimed mainly at women – although sell to women, men and children

Competitors
- Prada - Polo Ralph Lauren – Gucci - Armani – Coach

Mid-Market:

Topshop

Product
New items in constantly – column on website dedicated to new items in each week
High fashion (recent) items – not many basics
Some items made in Britain­ – most abroad

Price
Low end designer/high end of high street
Range of prices within store: Jersey/Topshop Unique/Boutique
Sale after every season
Got more expensive over the years – possibly due to catwalk influence

Place
Flagship store: Oxford Street, London
Cakes/sweets/hair salon/nail/eat cafe – encourages you to stay by providing experience

Promotion
Celebrity endorsement – Kate Moss: stopped for a while possibly due to being a badbassador?
J.W. Anderson

People
Celebrity endorsement  
Celebrities wearing their clothes – sometimes given to them

Process
Some clothes made in Britain

Physical Evidence
Catwalk show at LFW making it more like a designer rather than regular high street shop
Branching out into cosmetics – make-up/nail varnish

Brand Image/Identity (Desired & actual)
Due to them being on the catwalk – consider themselves as designer brand (possibly explains reason for prices rising)

Target Consumer
Girls - aged 15+ - petite/tall/maternity

Competitors
River Island
Urban Outfitters

Cheap:

New Look

Product
Basics and fashion items
Copies of items in more expensive stores e.g. Topshop and ideas/colours/patterns from catwalk shows
Different ranges:
Generation (ages 9-15)
-         Maternity
-         Kids and Mens
-         Plus size (sizes 18-32)

Price
Low price: people expect to pay the prices they pay there due to where it is positioned in the market
Concessions within the store – also low price

Place
High street stores – not much spent on the interiors generally quite messy/dirty
People there for value for money rather than shopping experience

Promotion
Customers generally have low expectations
Incentives for students with 10% off

People
Celebrity endorsement – Kelly Brook has a range of underwear/swimwear
Employees tend to be in their mid twenties upwards

Process
Average customer service – no extra services
Try to get customers to repeat coming back

Physical Evidence
Customers go there knowing what experience they are going to receive

Brand Image/Identity (Desired & actual)
Desired: Bit more high end that they are – Kelly Brook working with them
Actual: Safe high street brand -

Target Consumer
10 years onwards (range from 9-15)

Competitors

- Primark - H & M - Forever 21

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