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Fashion Marketing
Management
Istituto Marangoni
Master Fashion Product Management
ElizavetaShestakovaAnastasia Nozdrya
Nilesh Nanda awali
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Strategical Business Analysis
ofRalph Lauren
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Marketing Strategy
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Analysis of Macro Environment (GDP)
2007 2008 2009 2010
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Defining SBU of
Ralph Lauren
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Analyzing SBU of Contemporary Griffs
Companies
2008 2009 Variation%2008-2009
2010 Var iation%2009-2010
SalvatoreFerragamo
413.964
327.718 -20,83% 382.619 +16,7%
Gucci 314.767 278.316 -12% 302.463 +8,6%
GiorgioArmani
874.900 722.400 -17,4% 734.859 +1,7%
RalphLauren
3,661.54
3,765.68
+2.76%
3,735.67
-0.78%
E.Zegna870.60
797.00
-8.4% 963.00 +20%
TOTAL 6135.771 5891.114 24,4% 6118.611 22,4%
Market Value
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This is done rating every factor by grading on a scale of 1 to 10 in terms of
priority and importance.
Critical Success Factor
Marketing Mix (4p)
Product 8/10
Price 9/10
Communication 8/10
Distribution 8/10
Different From 4p
Style 7/10
Services 9/10
Speed 7/10
Efficiency 8/10
Integrated control ofchain 8/10
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Distribution
channel
8/10Direct Distribution.
Through Monobrand
stores either it
directly owned store(DOS) or
Franchising.
Currently in the
World 30% DOS &
70% Franchising.
Concentration
7/10
31%
10%
27%
15%
17%
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Entry BarrierCash 10/10
Technology 8/10
Know How 8/10
Brand awareness 10/10
Economic scale 8/10
Distribution 9/10
Concentration 9/10
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Defining & Positioning with Competitors
Brand Awareness
Services
Communication Style
Giorgio
Armani
Donna
Karan
Salvatore
Ferragamo
Gucci
Hugo Boss
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Business Model Ralph
Lauren
Giorgio
Armani
Donna
Karan
Stock listed YES No No
SBU Contemporary Griffs Contemporary Griffs Emerging Griffs
Target Men, Women and Kids Men, Women and kids Men, Women and Kids
Distribution Operate in three
distinct but integratedsegments Wholesale,
Retail and
Licensing.
Direct through
Monobrand AndFranchising
Through Selected
Specialised stores andboutiques
Type of Company Despecialised Despecialized Despecialised
Group Polo Corporation Armani Group Donna International Inc.
Integrated control HIGH with Partial
ownership
Full with licensing Partial
Diversification Buying strategy Buying strategy Make and Buy
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Segmentation Strategy
RalphLauren
Full Liner
Giorgio ArmaniLifestyle
DonnaKaran
Full liner
Having vast Vertical diversification RL company following full liner strategy as
compared to competitors.
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Price:Price Positioning with Competitors considering one product Dresses
DifferentProducts RalphLauren GiorgioArmani DonnaKaran
Shoes 625 650 635
Bags 6800 1000 1150
Dresses 1200 1582.5 1627Total 3935 3232 3412
As from the chart it concludes RL have
general higher prices in terms of products RL
bags are expensive as compared tocompetitors where as in all other product
category it has lower prices with effective
quality of the product.
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DISTRIBUTION:
Operate in three distinct but integrated segments - Wholesale, Retail and Licensing.
WorldwideDistribution Channels
Location Number ofDoors(a)
United States and Canada 2,104
Europe 3,873
Japan 120
Total 6,097
Full-Price Retail Stores
Location Ralph Lauren Club Monaco Rugby Total
United States and Canada 64 66 11 141
Europe 18 - - 18
Japan 1 - - 1
Latin America 3 - - 3
Total 86 66 11 163
Special focus on e-commerce RalphLauren.com one of the most important retail
outlets this website showed sales grew by double-digits. With success of Ralphlauren.co
they have also launched Rugby.com.
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COMMUNICATION:
Brand Awareness: T
he Brand is Ranked 9th
in the world this shows that theawareness of the brand is high globally.
Brand Image:American Heritage Lifestyle, Strong and distinct image design,
Elegant Luxury & Supreme Quality.
Communication Mix: As created a specifically branded environment to house his
product while reflecting the attitudes of the R.L lifestyles.
Using Technological possibilities are giving brand in terms of consumer reaction
towards brand by means such as set up first 4d advertisement, Screens Outside
the store.
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Proposals for future strategy:
Keep the Professional Spirit of the company towards thebusiness.
As company as shown from the day of its establishment.
ByMaintaining the Effective Quality and Identity of the brand.
Winning CustomerLoyalty by providing services maintaining
the AmericanHeritage value.
Taking Full ControlOfBusiness through Converting Franchising
to DOS.
Focusing more on new market and promoting the brand in the
market where still RalphLauren does notExists.
Concept Store:LuxuryBoutique with large amount of space around 500 square
meters, perfectly divided floors where the separation of rooms
presenting different lines of RalphLauren which gives a touch of
AmericanHeritage Culture and can be seen through the dressing
codes of staffs in store.