Audra Galliano Crystal Converse Megan Weisser Evaluating A strategic international marketing plan for trade in paris france asos company profile An online only womans clothing line whose ID: 658394
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Slide1
Marketing Plan~Asos fashion boutique~
Audra Galliano
Crystal Converse
Megan
WeisserSlide2
Evaluating A strategic international marketing plan for trade in paris, franceSlide3
asos company profileAn online only
woman’s clothing line whose
current distribution
is in the U.K.
The Target
M
arket:
Fashion
forward woman
who shop at urban retailers for current trends in fashion
Styles appeal to woman between
ages of 16 –
35
Potential customers are high into style, but buy clothing priced lower than from the
top clothing
designers.
This marketing
plan will export
Asos’
urban
trends
and increase the international trade
with
Paris,
FranceSlide4
Asos Marketing mix
The marketing activities
will center
on the
their
efforts to satisfy its customer wants and needs with products and services that offer competitive value
.
Product
- An already successful woman’s clothing line, otherwise sold online, but only available at this
boutique
.
Price
- A competitive value to its customers. Generally less expensive than the top designers clothing lines, but
also offer a limited about of high end
garments
.
Place
- Where women want to shop for
clothes:
Paris
,
France,
“The Fashion
Capital
of the World”
Promotion
- Current trends for fashion forward woman between ages of 16-35; Provide a
value based boutique for current fashion trendsSlide5
Executive Summary IMajor Problems:
Store could be used as a ‘Show Room’
Competition
with the
boutique’s prices
Lower online prices
do not reflect the overhead costs of a retail space.
Ex
Rent, Labor, Shrinkages and Loss, etc.
Competition from other local boutique’s
Limited transfer of knowledgeable labor or managers from U.K. to
France
Hiring
and training staff from scratch. Slide6
Executive summary IIMajor Opportunities:
Fashion Week in Paris-
Launch the Asos Fashion boutique
Create great exposer as an emerging fashion destination
Higher
volume of sales than online-
People
will purchase more garments when they see them in a trendy boutique and they can try them on.
Buyers enjoy instant gratification from purchases.
No
shipping problems or waiting
.
Can browse online, and then come try on what’s appealing Slide7
Relative advantage
By offering
the very first boutique for
Asos in Paris, it
is highly advantageous to its prospective customers and the fashion
industry compared to the existing competing brands because the trends are now:
Accessible
Innovative
Affordable
Short
term sales and Asos’ rate of adoption will be
elevated.
Perception of fashion trends are based on
what is new in the market.Slide8
Compatibility
The street scene fashion from Asos’ clothing line is compatible with the target
market’s:
S
tyle needs
P
ersonal
values
for
strong customer
service
Beliefs
in
quality in
relation to price and product
value
Enjoyable
past shopping
experiences
The
rate of the perceived level of
compatibility
is so high, that the products rate of adoption will
be:
F
ast
in market
entry
S
trong
in
retentionSlide9
complexity
The perceived level of complexity or difficulty to understand or wear Asos Fashion line is
LOW
.
The
function and use of the product is valued
for:
Everyday
wardrobe
enjoyment
Provided
at
an
affordable
price rangeSlide10
trialability
The extent to which clothing from Asos can be used on a limited basis is
SUBJECTIVE
to the buyer.
Some
of the target market will purchase new clothing and accessories for every occasion and
season
While
others limit their
purchasesSlide11
observability
Retail and clothing
in Paris has a
HIGH
degree of
Observability
:
Paris
is
known as the:
'Fashion
Capital of the World
'
The
presence of dedicated couturier houses, fashion shows and dedicated media dominate the fashion
industry.
Personal
ownership of fashion products and in clothing trends make a statement that can be seen on runways and on the
city streets.Slide12
Geographical Region
Located: Paris, France
Hotels
4 seasons
3
rd
largest income from tourism
85% urbanizationSlide13
Champs-Élysées
Located off of Avenue Montaigne.
Parking Garage
Exclusive shopping experience with many of the big fashion labels.
Mixture of big brands and high qualitySlide14
Transportation
3 Airports
Tram lines
Transilien
RER
Metro
Taxi
Bike
Walk
EurotunnelSlide15
CommunicationTelephoneCell phone
Land Line
Internet
Radio France
Internationle
Commercial FM stationsSlide16
Consumer Buying HabitsRetail Store HoursMonday - Saturday
PaymentSlide17
Distribution of the productHeadquarters
London, UK
Warehouse
Not a retail shop
Channel
Manufacturer
Retailer
Customers
European Union
No limits or barriers to trade
Eurotunnel
FreightSlide18
AdvertisingFlyers/BrochuresCelebrities
Billboards
Magazines
online magazine
Social Media
TV CommercialsSlide19
PromotionE-MailsDiscounts
Student Discounts
BOGO
Sales
Contests
ASOSSlide20
Pricing StrategyRange
Price Tags Include Tax
Discounts AvailableSlide21
CompetitorsAdidas, Benetton, Disney Store, Nike, Zara, Cartier, Bel
Air Fashion, Toyota, Gap,
Sephora
, Virgin Megastore, Dior, Chanel, Valentino, Ralph Lauren,
Bulgari
…etc.Slide22
Ralph Lauren comparisonBrand Name
Rich
Expensive
Quality
Preppy
Classy
Business attire
Features
Archetype Figure
Playing Polo
Package
Navy Blue with white letteringSlide23
Price ComparisonRalph Lauren
Least expensive
Most expensive
ASOS
Least Expensive
Most ExpensiveSlide24
R.L. PromotionRalph LaurenProud Outfitter of the 2012 Olympic Games
E-mails
Free Shipping of orders over $195
Ralph Lauren center for cancer care and prevention
Pink Pony Campaign
American
Heros
Fund
Habitat for Humanity
Polo Fashion SchoolSlide25
ASOS PromotionFree ShippingCarbon Neutral Company
ASOS Foundation
Priorities
Young adults in difficult circumstances in the UK.
Women and children in India (where we source many of our garments)
Poverty and climate change in the developing world
The Prince’s Trust,
Udayan
Care, Oxfam,
retailtrust
, Geared for GivingSlide26
ASOS
Website for the U.S. for ASOSSlide27
ASOS
Website for the FrenchSlide28
Ralph LaurenSlide29
Competitor’s DistributionRalph Lauren and ASOS central location is both in London, therefore they have similar distribution channels.Slide30
Market SizeEstimated Industry SalesRose .09% in March
Said to Decline Due to
Unemployement
Estimated Sales for ASOS
2010 -
£512 million
2013 -
£685 million Slide31
Sources of information
http://sites.google.com/site/starategicmarketing/chapter3/factors-affecting-market-complexity
http://www.businessdictionary.com/
http://www.b2bmarketingplan.com/index.php?view=article&id=25&format=pdf&option=com_myblog&Itemid=20
http://www.b2bmarketingplan.com/index.php?option=com_myblog&show=Whos-Your-Market-.
html&Itemid=20
http://
www.buzzle.com/articles/facts-about-the-french-culture.html
http://
www.harpersbazaar.com/fashion/fashion-articles/paris-fashion-week-street-style-spring-2012#slide-6
http://
about-france.com/shopping-in-france.htm
http://www.nytimes.com/2009/02/19/arts/design/19abroad.html?_
r=2&pagewanted=allSlide32
Sources of informationhttp://www.ibtimes.co.uk/articles/332971/20120425/asos-plc-uk-retailers-consumers-british-shoppers.htm
http://www.foxbusiness.com/news/2012/05/04/germany-france-buoy-euro-zone-retail-sales
/
http://www.eurotunnel.com/uk/inspiration/ideas/Shopping-in-Paris/
http://mehwishworld.typepad.com/blog/2010/05/analyse-the-opportunities-offered-to-businesses-using-internet-marketing-in-relation-the-marketing-m.htmlSlide33