PERFUME MARKET! Index! • Brand Recognition • Marketing • Future Expectations • Success Stories • Leading Competition • Product characteristics • Global Market for flavors and fragances • Bibliography • Consumer behavior • Market Research Brand Recognition! • One of the strongest selling points of perfume is its brand name • Often bolstered by celebrity representation • Of the top-selling 100 fragrances‚ 31 are tied to celebrities (2012) • In
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A proposal for a new market strategy for the Thomas Burberry London perfume range 1.0 Introduction The organisation I have decided to propose a new marketing strategy for is Thomas Burberry. This organisation is a distinctive luxury brand with international recognition and broad appeal. They design‚ source‚ manufacture and distribute high-quality apparel and accessories. Burberry was founded in Basingstoke‚ England in 1856; they have a unique heritage associated with Great Britain and position
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Burberry case http://laurenmjacobson.wordpress.com/case-studies/burberry-case-study/ TARGET Who is Burberry’s target customer? Burberry’s target customer is someone who wants luxury while being functional. The brand’s point of difference with other luxury brands is that they could be luxury‚ aspirational‚ and functional. Burberry decided they were going to reach these customers from Bravo identifying their niche betweens labels of Polo Ralph Lauren and Giorgio Armani on the apparel side
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1. Introduction 1.1 Burberry was founded in 1856; originally focusing on producing ‘innovative functional outwear.’ Over the years Burberry has adapted to changing trends and tastes to suit the consumers wants and needs. Additionally the extension of their product portfolio‚ for example their perfume and accessories range‚ is a response to competition from leading brands such as Ralph Lauren and others. Burberry set out to create a luxury‚ premium brand image‚ however in recent years in Britain
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Burberry Burberry has positioned itself well among its competitors as a result of focusing on “functional luxury”. By augmenting its product line to include both fashion and continuity products‚ Burberry can meet the needs of a wider range of customers. The fashion component addresses the latest trends while continuity products maintain the integrity of the timeless and very classic Burberry “feel”. While many of its competitors do offer a complete product line of apparel and accessories‚ some
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When it comes to Burberry‚ it is widely believed that this brand is extremely well-known. Burberry is a great corporation with a glorious history. It was established in a small town named Basingstoke in UK by a twenty-one-year-old boy. At the very beginning it was just a small-scale tailor shop. By the year 1870‚ that tailor shop had grown to a large-scale general merchandise store because of its creation and high-quality products. An important year for Burberry was 1891‚ when the firm was formally
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Burberry Introduction Burberry is a UK fashion brand that under the helm of creative director Christopher Bailey has defied the recessions in both the UK and US and global spending slowdowns to become one of the top 100 most valuable brands in the world with a vast product range‚ and an impressive portfolio of worldwide stores. In 2012 it ranked 51st in the FTSE 100 and had a market capitalisation of over 6.5 billion. Burberry’s main competitors are Armani‚ Coach‚ Polo and Gucci‚ their positioning
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clothes‚ perfumes‚ beauty products. Burberry is Interbrand’s top 100 global Brands this year and has been heralded as one of the most innovative brands in recent times‚ taking deep strides in the digital world. Its record sales are further testament to its strong branding. * * Diversified network Burberry distributes its products through retail‚ wholesale‚ e-commerce and licensing distribution channels. This balanced mix diversifies distribution and reduces risk. Burberry sells its
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Marketing strategy Case 3 – Burberry: reinventing the brand [pic] M2 AEI‚ CAI. Année 2010-2011 Le groupe est composé de : Sandrine MONTEIRO 20704637 Hang TRAN THI THU 20411867 Tony TRAN 20809641 Saysavath VANISOUVONG 20808838 How were the clothes bearing the Burberry name augmented to create a brand before the 1980s? Mix marketing (before 1980s) Product: • In 1856‚ Thomas Burberry proposed gentlemen’s outfitters (men’s clothes) with high quality clothes. • After that
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Ecology 2007 Magic Romance: on Perfume‚ Language and the Environment by Michelle Gargan Introduction As I am writing this report‚ just before Christmas 2006‚ a bottle of Chanel No. 5 is selling every 30 seconds around the world. In the month of December‚ the high street chemist Boots‚ sells more perfume in this festive period than the rest of the year combined.1 A key question is this: do we actually need to wear perfume? It is only in recent decades that perfume has been considered an essential
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