Post on 10-Jul-2015
transcript
GIORDANO
GIORDANO GIORDANO CONCEPTS
GIORDANO LADIES GIORDANO JUNIOR
GIORDANO’S MISSION
TO MAKE PEOPLE
“FEEL GOOD”
AND
“LOOK GREAT”
Empowerment to employees.
Job specification (recruitment process).
Flat Organization structure.
Service as competitive advantage.
Value-for-money pricing policy.
Information Technology – Inventory system
Core offerings-personalized and exceptional service.
Differentiated and functionally value added products.
Maximizing unit sales instead of margins.
Learning through past experiences.
Value-for-money pricing strategy.
Satisfying employees for more productivity.
Quality merchandise at affordable prices.
Penetrating every segment middle class to affluent class.
“Value-for-money” and “quality merchandize at affordable
prices”.
Mid price positioning.
BSE: Budget cautious customer.
STRENGHTS:
• Skilled labor
• Strong inventory management system.
• Quality products.
• Value-for-money positioning
• Empowerment to employees.
• Good recruitment process.
• Economies of scale.
• Innovative approach.
WEAKNESSES:
Financial
Earlier their positioning was
only of low cost pricing .
OPPORTUNITIES:
They can diversify into other countries.
They can enter into new market.
They can go for sports industry.
They can also enter into footwear industry.
THREATS:
Competitors.
External environment.
Globalization .
high price and non price
competition is increasing in intensity with low demand.
Investment in brand building
and retail outlet needed.
Low switching cost but no collective
bargaining power
Lack of substitutes for casual clothes.
Suppliers can easily be replaced
They should go for making a positioning map it will help
them to understand the position of competitors in market.
They should enter into the untapped markets like other
countries as global expansion.
They should go for new positioning strategy according to
their target markets.
They can open more franchises in different parts.