Strategic Marketing Proposal MKTG 5115 spring 2012 Target the children market in accessories FOSSIL at a glance: - Global design‚ Marketing‚ and Distribution Company - Sells watches‚ fashion accessories‚ apparel‚ and footwear - Brand name recognized for individuality‚ consistency‚ connection with its customers - Broad customer base and price range ($7-$20‚000) 3/14/2012 Fossil Inc Varunkumar Suresh Prepared for Professor Mary Caravella‚ MKTG 5115 Strategic Marketing Proposal UConn MKTG
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In the retail industry‚ it seems as though we are constantly faced with the issue of trying to find new customers. Most of us are obsessed with making sure our advertising‚ displays‚ and pricing all “scream out” to attract new customers. This focus on pursuing new customers is certainly prudent and necessary‚ but‚ at the same time‚ it can wind up hurting us. Therefore‚ our focus really should be on the 20 percent of our clients who currently are our best customers. In retail‚ this idea of focusing
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Introduction BULGARI‚ Italy’s exclusive Rome-based jeweller‚ has shown a meteoric growth since its inception in 1884‚ expanding from one store to become an international company. Bulgari S.p.A. is the parent company and the owner of the BVLGARI brand: it performs coordination activities in the areas of product development‚ marketing‚ finance‚ information systems and management of human resources of the Bulgari Group. This report seeks out to analyse the various branding policies of BULGARI
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Retail Glossary 2/10 Net 30: 2% is the discount rate if payment is made within ten days. Otherwise‚ payment is due in 30 days. 3/10 ROG: 3% discount is allowed within 10 days of receipt of goods. 8/10 EOM: 8% discount is allowed if the invoice is paid within 10 days from the end of the month. Add on sale: Additional items customers buy due to in store suggestions or promotions. Ad slicks: Camera-ready ad‚ usually on glossy paper. Many vendors supply these for newspaper ads. Advertising: Paid message
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Apple Stores Name: Institution: The Secrets of Apple Stores: Retail Experience V.s Design Architect Any successful company has a set of factors that get it to a level that other companies aim to be at. This company has not only flourished in designing the best mobile smartphone handsets‚ but other hand held and personal computer devices that have changed the world. The company’s success is also associated with its management and leadership which has promoted its public image
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AMB201: Research Project Topic and Objectives (Assignments One & Two) Topic: Purchasing behaviour associated with fashion clothing Background: Two dominant approaches that can be used when seeking to market to a broad range of consumers are segmentation and mass marketing. The traditional segmentation view of marketing suggests that market segments should be carefully researched for important differences‚ and then strategies developed to suit each specific segment. Mass marketing on the
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and executives can be found at the end of this article The influence of brand recognition on retail store image Stephen S. Porter and Cindy Claycomb A well-recognized and accepted brand image is one of the most valuable assets a firm possesses. Brand managers and manufacturers are concerned with managing brand equity and capitalizing on the value of a brand image (Aaker‚ 1991). A product or retail establishment has many associations which combine to form its total impression. Few would argue
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2012 IDENTIFYING AND EVALUATING VALUE TO THE ORGANISATION 13TH DECEMBER 2012 Table of Contents SPORTS FASHION RETAIL .............................................................................................................. 1 EXECUTIVE SUMMARY ............................................................................................................................ 1 INTRODUCTION .......................................................................................................
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enhance the outcome of their marketing activities‚ ultimately resulting in a better‚ more satisfied customer base. Therefore leading the company in a more systemized direction. Introduction: Dominique Mandonnaud founded Sephora in France in 1969. Sephora was originally called Shop 8‚ but Dominique Mandonnaud re-named Shop 8. In 1993 Mandonnaud merged the Biblical name‚ Zipporah (Moses’ wife)‚ with the ancient Greek word "Sephos" which means pretty. Sephora stores specialize in selling cosmetic
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major shopping malls such as Feiyue which is popular with sneakers as well as Australian brands Ladakh and cult label Ksubi. Thus‚ the exclusivity would be one of the major factors that will bring the online boutique to its success. The online store does not only sell clothing. They have diversified and carry much more than apparels. They sell items such as exclusive character sun screen from famous cartoon characters as well as ear phones to cater other needs of their consumers. Thus‚ they have
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