chanel stratrgy

21
GROUP I CHANEL

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Page 1: Chanel stratrgy

GROUP ICHANEL

Page 2: Chanel stratrgy

founded by the French fashion designer Gabrielle "Coco" Chanel.

She Revolutionized women's fashion with her elegant and casual looks.

Helped release women from the corsets era of the 19th century

CHANEL HISTORY

Page 3: Chanel stratrgy

1910: First boutique called Chanel Modes and was opened in Paris and sold hats.

Introduced her women’s sportswear line. Clothes kept simple and comfortable by

taking common fabrics and upgrading them. Clothes were casual yet also chic and elegant. In 1923: the timeless perfume No.5. was

launched. In 1924: the “La Société des Parfums

Chanel’’ was established to manufacture and sell perfumes and beauty productsChanel also introduced a costume jewellery product line.

Page 4: Chanel stratrgy

CLOTH

PRODUCT SEGMENTATION

Page 5: Chanel stratrgy

SHOES

Page 6: Chanel stratrgy

WATCHES

Page 7: Chanel stratrgy

JEWELRY

Page 8: Chanel stratrgy

BAGS

Page 9: Chanel stratrgy

No.5

Chance

Allure

Allure Sensuelle

Coco

Coco Mademoiselle

No.19

Cristalle

Allure Homme

Allure Homme Sport

Allure Homme Sport

Blanche

Antaeus

Platinum Egoiste

Pour Monsieur

PERFUMES

Page 10: Chanel stratrgy

StrengthStrong brand imageHigh-qualityCult Designer Karl LagerfeldExcellent Management

WeaknessWebsite

Limited geographic coverage

SWOT ANALYSIS

Page 11: Chanel stratrgy

OpportunitiesExpand deeper into Asian marketTap on Technology

ThreatsCounterfeit goods

Page 12: Chanel stratrgy

Threat of New EntranceHigh

Power of Buyers

Relatively High

Threat of Substitutes

High

PORTER’S 5 FORCES

Competitive rivalry - high

Power of Suppliers Low

Page 13: Chanel stratrgy

Classic Elegance Timeless Exclusivity Interlacing of masculine and feminine Chanel suit Quilted fabric Little black dress Camelia Chain with leather

BRAND IDENTITY AND CORE VALUES

Page 14: Chanel stratrgy

Making a plate collection enables the consumer to enter the Chanel “lifestyle”

Enables people to use Chanel in a more everyday way

To extend the brand name in plate collection in a luxurious way

To make Chanel products something the whole family can enjoy

Decorative purposes for the home

JUSTIFICATION FOR NEW PRODUCT LINE

Page 15: Chanel stratrgy

Shape: Round/Square/Rectangular Colour: Black Classical textile: Symbolic logo New line name: la maison

PACKAGING

La Maison

La Maison

Page 16: Chanel stratrgy

PRODUCT&PACKAGING

Product: High innovation Packaging: Low innovation

INNOVATION SCALES

Page 17: Chanel stratrgy

We will have 7 differents product lines.

All of the product lines names are French to remind the qualities from the house of Chanel.

The names will be written in cursive on the back of the plates to add a personal element.

The names were chosen to match the uniqueness of the design.

Each plate has a strong element designed that represents the purpose of its name.

NAME JUSTIFICATION

Page 18: Chanel stratrgy

Females, middle age 35-49 years old, married, medium users.

The customer profile are for those who identify themselves with the Chanel brand, care about house products, are interested in decoration, have a strong personality, and like to buy luxury products.

They are also elegant, fashionable, but not necessarily follow all trends.

TARGET MARKET

Page 19: Chanel stratrgy

The plates collection will be sold only in Chanel stores

The strategy is to differentiate this product line from our competitors.

The purpose is also to attract more consumers to the store to expose them to other Chanel products.

The new product will not be very accessible in terms of distribution.

This will help keep the uniqueness of it and not to devaluate the brand image.

DISTRIBUTION STRATEGY

Page 20: Chanel stratrgy

1. Invest in the emerging markets2. Pay more attention to the counterfeit and possible invest in technology to prevent it

3. Increase emphasize on new media technology

OTHER STRATEGIES

Page 21: Chanel stratrgy

THANK YOU…