Management MGT 604 Case Study 1 – Uniqlo Student’s name: Qin Hao (Coco) Student’s ID: 7902594 Submit date: 2015‚2‚13 1. Describe the basis of Uniqlo’s competitive strategy. That is‚ what does it offer that its competitors do not‚ that keeps customers coming back? The primary competitive advantage of Uniqlo is offering high-quality clothes with lower price. The competitive strategy that Uniqlo pursues is the overall cost leadership
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Assessment (Opportunities) 4. External Assessment (Threats) Goal Setting-“Where do we want to go?” 1. Market Segmentation & Target Market 2. Find Points of Difference 3. Product Positioning 4. Marketing Goals & Objectives Action Plan-“How can we get there?” 1. Product Strategies 2. Pricing Strategies 3. Promotion Strategies 4. Place Strategies Introduction UNIQLO is Japan’s leading clothing retail chain in terms of both sales and profits. The company also operates in China‚ Hong
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Tadashi Yanai is the most successful businessman in Japan. He is also one of the richest man on Japanese Wealth List as the founder and chief executive of Uniqlo. Innovative in management and idea‚ Yanai leads his company from “Uniclo” to “Uniqlo”. By using a more fantastic logo changed in color‚ Yanai expressed Uniqlo’s concept of “From Tokyo to World”. Yanai is well-known as an inspirational leader‚ but he is modest in telling his own experience to people especially the youth. “I might look successful
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Contextual Analysis of UNIQLO * Introduction UNIQLO‚ an officially Japan’s leading clothing retail chain. UNIQLO now has 1024 stores in 12 countries (Appendix 1). The operations are controlled by the parent company Fast Retailing Co. Ltd. Observe the strategy of UNIQLO‚ it base on SPA model which took place in the group’s structure and lead them to become the top brand in Asia during the downward spirals of global environment. * UNIQLO Business strategy To become one of the top clothing
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INTRODUCTION This assignment will talk about the analysis of organization life of Uniqlo Company which is focus on how this Company influences their employees from many properties. Six components of organisational life comprising individual attitude and personalities‚ teamwork‚ leadership‚ organisational politics‚ culture and organisational change will be analysed. History of Uniqlo began in 1949 in Tokyo‚ Japan. Uniqlo was a sub division of Fast Retailing Co. Ltd. In 1984‚ they opened new concept of
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and selection strategies for the two positions which are marketing manager and accountant. Job design and job specifications for these two job positions will be stated in the report. These new strategies for recruitment and selection will enables Uniqlo to achieve their mission‚ vision and co-operate objectives which are “Made For All”‚ “We will become the world’s number one casual clothing company by targeting 30% annual growth in sales and profit” and “Changing clothes. Changing conventional wisdom
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Task 1a Occasion and benefit segmentation There are many behavioural characteristics of buyers and consumers and one way to segment these groups is to associate their purchasing habits with Occasional and benefit segmentation. Occasion Segmentation In its simplest form Occasion segmentation is the process of dividing a consumer group or groups into groups according to an occasion or occasions when consumers purchase or use a product or service. For example some major religious/cultural occasions
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Marketing Segmentation Targeting‚ and Positioning Segmentation‚ targeting‚ and positioning together comprise a three stage process. (1) Determine which kinds of customers exist. (2) Select which ones we are best off trying to serve and‚ finally. (3) Implement our segmentation by optimizing our products/services for that segment and communicating that we have made the choice to distinguish ourselves that way. Segmentation involves finding out what kinds of consumers with different needs exist
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exhibits and the footnotes. The information in the fine print is relevant. The Fashion Channel 1. What are the pros and cons of the three segmentation scenarios? Read carefully the case and make a list of the pros and cons of each segmentation scenario. Use the following table to summarize your findings. | Scenario 1: Broad-based Segmentation Targeting | Scenario 2: Fashionista focus | Scenario 3: Fashionistas + Planners/Shoppers | Pros | * Mixed based audience. * Investment
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3.0 Target Market Segmentation To identify and deconstruct the market of the Hair Salon‚ particular importance was placed on psychographic characteristics of personality‚ lifestyle and motives (Elliot‚ Ferrell‚ Paladino‚ Pride‚ Rundle-‐ Thiele‚ & Waller 2006‚ p. 120). A behavioural analysis was also conducted. Brief
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