Preview

Maketing 4ps

Good Essays
Open Document
Open Document
715 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Maketing 4ps
1.
Product
G.O.D. is retail chain offering contemporary furniture, home ware, fashion and lifestyle accessories. G.OD. has their own brand of products. Preserve the unique cultural legacy and humorous twist are products design concept, such as “double happiness” candles , “King of Kowloon public art” umbrella and revolutionary slogans are reinvented into fashion and household items . G.O.D. also provide home delivery service . G.O.D’s target segment is lifestyle’s people, tourists, people with high level of education and who want to improve quality of lift
G.O.D.’s competitor is IKEA. IKEA the product rang of furniture is much more than G.O.D. but the product category will be less than that. G.O.D.’s product design is distinctive and then consumer can only be found in their stores. IKEA’s product design is popularity and simplicity, consumer will be easier to find similar products. They also both have home deliver service but IKEA must be paid.

Price
G.O.D.’s targeting is middle class . Therefore its list price range is mid-price route in the market. G.O.D. gives discount to customers for specially items. It also has 6-12 months installment by selected bank credit card.
For the competitor, IKEA’s list price range is lower-price route in the market. IKEA’s price recognized by most people. While G.O.D’s price only suitable for particular person. IKEA does not give discounts to customer because the price is always lower. They both also have 6-12 months installment by selected bank credit card.

Place
G.O.D has 8 store respectively in Causeway Bay, Tsim Sha Tsui, Central, Peak Galleria, Stanley, Sai Kun, Ap Lei Chau and Cyberport. G.O.D.’s shop mainly covered in the tourist areas and shopping areas. The flagship store located in Causeway Bay and cover an area of 20000 sq. feet. The store most product in categorized display. It also has showroom display furniture. G.O.D. has provide online selling wholesale and export to oversea and delivery by Hong Kong

You May Also Find These Documents Helpful

  • Powerful Essays

    Company G seeks to enrich the lives of its consumers with high quality, low price small appliances that are stylish and elegant.…

    • 2374 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    The Grande General store is located on the outer edges of Denver, Colorado. The store is well know and well respected amongst the local community. The current employees are also dedicated to the store and some have been with the company for over 10 years. Mr. and Mrs. Grande obviously care about the store and want to see it succeed in the future. They plan to allow the buyers to continue to use the Grande name.…

    • 1280 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Qrt Task 1

    • 4639 Words
    • 19 Pages

    G & G Business Consultancy provides solutions to clients seeking business advice or guidance. In this particular proposal, it will look into the necessary steps to have a successful online gift store.…

    • 4639 Words
    • 19 Pages
    Better Essays
  • Good Essays

    IKEA and Sears both compete against each other in multiple markets across Canada, they both have market commonality and resource similarity. The Sears catalogue has almost the same format of an IKEA catalogue, and they both offer knock-down, self-assembled line products which allows the customers to create particular designs. In addition, the price for Elements’ products in Sears seemed almost identical to IKEA prices. They both go closely to the supplier in marketing, research, design and development, production standards and production planning. Some of the suppliers of the Elements line for Sears were from Sweden, which is the same as IKEA, but it didn’t show that they had any suppliers in common. It’s evidently that both of the market commonality and resource similarity are very high between those two companies.…

    • 560 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Grand And Toys Case Study

    • 848 Words
    • 4 Pages

    Grand and Toys strategy is to achieve sales of one billion Canadian dollars, maintain a strong brand to be the clear leader in the Canadian commercial segment and to operate about 85 commercially focused stores clustered in major markets. Grand & Toy also wants to achieve their marketing objectives by offering 8000 products through 90 locations and web ordering system. Performance objectives against the strategic plan to achieve its vision included:…

    • 848 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Gap, Inc. Portfolio Analysis

    • 5707 Words
    • 23 Pages

    Gap, Inc. is a leading American specialty apparel retailer based in San Francisco, California. It sells casual apparels, accessories, and other personal care products for men, women, and children. The products of Gap, Inc. include denim, khakis, T-shirts, boxers, casual wear, and others. It is traded in New York Stock Exchange under the symbol GPS. Currently, the company boasts approximately 150,000 employees and 3,139 stores all around the world. Gap, Inc. sustains a large number of brands, namely Gap, Old Navy, Banana Republic, Forth & Towne, Piperlime, and others. These different companies are bought by the parent company in different times. Started as a general jeans retiling store, Gap, Inc. today has a market value of $13.32 billions. Throughout its history, Gap, Inc. has established itself as a leader in the industry.…

    • 5707 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    Extent of rivalry among existing competitors depend on sustainability of competitive edge, the efficiency of advertising, the level of utilisation of critical success factors for the industry etc.. Rivalry among existing firms is intense in the global market of discount furniture and the major players in the industry include Euromarket Designs Inc, Galiform plc, Wal-Mart Stores Inc, Argos and others. However, currently IKEA is the undisputed market leader in the industry of discounted furniture in the global scale.…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Cited: Zargani, Luisa. “D&G Set Globally, Launch New Store Concept.” Women 's Wear Daily 37 (2008):3 EBSCO Host Connection. Web. 06 April 2013.…

    • 1159 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    What makes GOD different from other convectional furniture and furnishing company is that all of their furniture is designed by local designers. The company is strongly against today's mass produced and soulless products. The main theme of their furniture is creative, comfortable, and multifunctional. In order to surprise their customers, GOD constantly turns out new items on a weekly basis. Because the marketing strategy in GOD is so clear that make the company become one of the few furniture companies that can still make a profit, and even expand their business, in the time of economy downturn in HK these years.…

    • 1569 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    New World Department Store China Limited is based on Hong Kong's well-known enterprises, mainly core business property, telecommunications, etc. Sound finances, diversified business portfolio, since the business strategy, make the new world group is becoming more power, big business is very important for Hong Kong. New world group active in the mainland property management, housing projects, reconstruction of old city, land, infrastructure, hotels, industrial investment development, department stores, and many other industries, Beijing, Shanghai, tianjin, guangzhou, wuhan, nanjing, dalian, shenyang, Harbin, xi 'an, wuxi and other dozens of large and medium-sized cities have left the footprint of the new world group.…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Geez Three Trading which is the mother body of G 3 Fashion House recognizes the importance of marketing. And to that end, we plan to promote our retail business with an ambitious, targeted marketing campaign, which will include a grand opening event, local media…

    • 2043 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    IKEA is using the Hybrids strategy; they offer products at a lower cost, but offer products with a higher perceived value than those of other low cost competitors. IKEA is providing high volume is an issue here, 7000 number of items from kitchen cabinets to candlesticks, but it built a reputation of offering fair prices for reasonable goods. And also IKEA aimed to lower the prices across its entire offering by an…

    • 562 Words
    • 3 Pages
    Good Essays
  • Good Essays

    3 Concept Eyes

    • 1090 Words
    • 5 Pages

    We have come out with many different ways to bring about brand awareness with launching of the new store in Singapore. We will be having the 3CE prelaunch VIP party at the store. I.T group has collaborated with Stylenanda to bring in their cosmetic line to Singapore. On the day of the grand store opening, we will be inviting the icon models of Stylenanda, Sora Park and Minhee Jung, to support the event. They will be the exclusive VIPs in this launching event. They will also be participating in the fashion show catwalk during the preview party as well as the ribbon cutting ceremony on the grand opening day.…

    • 1090 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Poh Kong

    • 3460 Words
    • 14 Pages

    POH KONG using a differential image of the brand and retail concept to meet the needs of different customers. Apart from POH KONG and Diamond & Gold outlets, retail concepts such as POH KONG Gallery, Diamond Boutique, Jade Gallery, Tranz Boutique and Oro Bianco are available.…

    • 3460 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Gksf

    • 458 Words
    • 2 Pages

    Grand Kerala Shopping Festival, often abbreviated as GKSF is an annual shopping event in Kerala. The festival is conducted by Tourism Department in co-ordination with the Industries and Commerce Department, Finance Department and Local Self-Government Department. Through this shopping festival, the Kerala government aims to transform the State into a hub for international shopping experience and thereby launch “Shopping Tourism” in the State.…

    • 458 Words
    • 2 Pages
    Satisfactory Essays