November 2008‚ Groupon entered the market and became the first company to offer deals that were only triggered after a group of people purchased the deal‚ increasing the social aspect of the daily deal concept. Their complete deal package‚ including a marketing and advertising component for the merchants‚ has never been done before with such refinement. With ideal timing of a recession in 2008‚ Groupon capitalized on a need in the market for merchants to target shoppers‚ as well as‚ helping consumers to
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Prada – The Devil is in the Details … Prada estimates its sales per year at $22 million (as of ~2001). The luxury retailer recently spent millions on IT for its futuristic “epicenter” store—but the flashy technology turned into a high-priced hassle. The company needed to generate annual sales of $75 million by 2007 to turn a profit on its new high-tech investment. When Prada opened its $40 million Manhattan flagship‚ hotshot architect (“star-chitect”) Rem Koolhaas promised a radically new
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Country Notebook & Four Seasons Marketing Plan Steve Callis Carlos-David Islas-Labastida Renee Werner April 25‚ 2006 Georgia State University Table of Contents Topic Part One: United Arab Emirates Country Notebook I. Introduction II. Geography III. Economic Environment IV. Cultural Environment V. Business Customs and Practices VI. Political Environment VII. Legal Environment VIII. Marketing Research IX. Other Statistics X. Competitive Environment Part Two: Four Seasons Marketing Plan I. Target Market
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• Founded: 1913 • Founder: Mario Prada • CEO: Patrizio Bertelli • HQ: Milan‚ Italy • Co. type: Private • Industry type: Consumer goods • Product type: Textile • Originally: "Prada Bros" • "Prada Phone": The LG KE850 • Pop Culture: The Devil Wears Prada (Film) The Prada Empire derives from the leather goods store Mario Prada opened in Milan in 1913. In addition to his own products‚ he also sold steamer trunks and handbags imported from England to a customer base that included Italian nobles
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I. Introduction “Devil wears Prada” was presented in 2006‚ based on the Lauren Weisberger’s novel of the same name. This is the story about a girl named Andrea Sachs who want to be a real journalist. For her wish‚ she opted to become an assistance of Miranda‚ a tough editor-in-chief of Runway fashion magazine. From there‚ she had to overcome all the challenges and the lure of the luxury life which are brought by this job. Particularly‚ the film also mentioned impressively the organizational
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this thesis is to understand how a bank can achieve differentiation based on a marketing approach. Two research questions will respectively examine the three additional P’s of the marketing mix (People‚ Presentation or Physical Evidence and Process) and the Customer Relationship Management as possible differentiators. To fulfill the purpose‚ we introduce an extended model of the CRM concept‚ including the three additional P’s. After an analysis‚ it is concluded that the extended model of the CRM concept
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Prada Case Analysis “FINANCE” Course “PRADA: TO IPO OR NOT TO IPO: THAT IS THE QUESTION‚ AGAIN” case analysis Brief summary of the case with the emphasis on managerial problems that Prada faces. Prada currently requires a significant amount of capital both to re-finance debt that is maturing in the next six to twelve months and to finance its intended growth into the Asian (especially Chinese) markets. Since financial markets are aware of Prada’s pressing need to raise capital‚ it is important
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The Devil Wears Prada is a book that contains many ethical dilemmas. I will first summarize the plot‚ and then point out the ethical problems. The main character‚ Andrea‚ is hired at Runway‚ a very well-known‚ well-established magazine company. She was hired to take Emily’s spot‚ and Emily was promoted to the position above her. The two jobs are very similar but the main difference is that Emily gets to go to Paris for a major fashion banquet with their boss‚ Miranda. Emily often speaks of the
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1. In the movie “ The Devil Wears Prada‚” a differentiation between in-group and out-group behavior is clearly defined. Andrea is an aspiring journalist who gets a job as second assistant to Miranda at a high fashion magazine. This would be a dream job for someone who is in to fashion‚ but Andrea could care less about fashion‚ as apparent by her attire (per the looks she was getting from Miranda and her peers while at work). Though she does not “fit in” and does not want to‚ she is willing to suffer
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The Devil Wears Prada is the story of the simple yet smart Andrea “Andy” Sachs‚ a Northwestern graduate‚ and her professional journey in the pursuit of her becoming a serious journalist. However‚ Andy interviewed for the job “a million girls would kill for” at fashion magazine Runway but not as a journalist but rather the second assistant to the merciless editor-in-chief‚ Miranda Priestly. Under the impression that after one year of being Miranda’s assistant she would receive
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