Brand Expansion plan for Lululemon Current Brand Introduction For a long time‚ Lululemon has been a successful brand in apparel industry. Even though Lululemon has a complete male’s line with good quality apparels‚ females make up the company’s main customer groups. The brand images of Lululemon are yoga‚ comfortable clothing and good quality. Lululemon’s production line is largely based on yoga-inspired athletic apparels. For branding strategy‚ the company developed brand communities to make
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As of the writing of this analysis‚ Lululemon Athletica was trading at just above $66. Marketing sentiment on Lululemon Athletica is positive‚ as indicated by the fact that the company has a higher P/E ratio than Nike‚ but the intrinsic value analysis suggests that Lululemon Athletica is in fact overpriced and should be sold. Conclusion Lululemon’ s excessive progress period is greatly to be at an end. There are pressing questions about the company’s ability to keep growing given the narrowness
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authority since they do not have a lot invested into the company. On the other hand‚ the stakeholders with the most authority would be their competition and the customers. They have the most power because they decide the market and the sales for Lululemon. Customers also are the ones that will step in. The PR issues and poor decisions made by the company have directly had an effect on the customers. Customers were paying way too much for a product‚ black yoga pants that were listed as high-quality
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wears with premium prices. Their products have long last time and customized design. Lululemon’s costumer service is compatible to the products they delivered to the customers. In the store‚ Lululemon educates their guests instead of selling‚ which allows attention to details to each garment. In addition‚ Lululemon is highly integrated with communities. Their marketing research is mainly rely on the directly feedback from customers. They use brand ambassadors and word of month as main marketing channel
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Porters Five Forces Model & the Airline Industry Robert Warren 6/11/2011 Abstract Having conducted research on Porter’s Five Forces Model and the current business climate of the airline industry‚ I will be analyzing the industry using the Five Forces Model. Porter’s Five Forces model is a highly recognized framework for the analysis of business strategy. Five forces are derived from the model that attempts to determine the competitive intensity‚ competitive environment and overall
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reputation. The company relies on their grassroots marketing initiatives to build awareness of the brand and demand for the products. The grassroots marketing most of the time is extensive and has to be costumed to each of a new market. Lululemon has two channels which are ambassadors and community. Ambassadors it’s a programs which support a community of athletes and inspirational people who harness their passion to elevate their communities in aspects from product development to goal coaching
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Lululemon Corporate Social Responsibility Community and Partner responsibility is Lululemons department of CSR. They use those words to define the team because their focus is on people and relationships. Their vision is that by supporting community’s goals to create healthy minds‚ bodies‚ and spaces‚ they also inspire personal growth connection and innovation. Community is an integral part of lululemon stores. They have put in place what is called “Grass roots actions”. Each lululemon store has
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Five Competitive Forces for Coca-Cola Company The soft drink industry is very competitive for all corporations involved‚ with the greatest competition being that from rival sellers within the industry. All soft drink companies have to 7 think about the pressures; that from rival sellers within the industry‚ new entrants to the industry‚ substitute products‚ suppliers‚ and buyers. The competitive pressure from rival sellers is the greatest competition that Coca-Cola faces in the soft drink
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focus on smaller geographic areas. The five forces model is one way to answer the first basic question in strategic management; “Why are some industries more attractive than others?” This model shows the five forces that shape industry competition; threat of new entrants‚ bargaining power of buyers‚ threat of substitutes‚ bargaining power of suppliers‚ and competitors. In order to analyze the airline industry we have look at each of these forces. Bargaining power of Buyers The airline
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Porter ’s Five-force Model and it ’s continued validity as a strategic management tool Porter ’s Five-force model is a theoretical guide to understanding the pressures that are felt by an industry‚ and by analogy‚ on a company. It can be used in such a way as to allow “the strategic business manager seeking to develop an edge over rival firms … to better understand the industry context in which the firm operates” (Porter‚ 1999). The key to any successful (e.g. profitable) business venture is an
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