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Marketing analysis and strategy
Marketing analysis and strategy
Marketing evaluation
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CHANEL is a French fashion house founded by the couturier Gabrielle “Coco” Chanel that was built for the purpose of fashion display such as a classic style, specialy luxury goods (haute couture, ready-to-wear, handbags, perfumery, and cosmetics among others) (Chanel Fashion Model Directory, 2008). This is related to Coco Chanel little black dress: short, sleeveless, in a pleated black chiffon. Coco Chanel introduced it in a time between the wars, which held thousands of people’s attention at the time. In addition, Coco Chanel is well know for many fashionists who are coming to be fashion designer. This is the main purpose for the marketing of Chanel. Additionally, since the Chanel brand has been created on various types of goods. For example, advertising campaign and the fashion show by collection in the different of time such as autumn/winter time. This is more focusing on Chanel handbag fields.
Furthermore, this essay will analyses the brand of Chanel in term of brand strategic marketing in particular of cilents’ perspectives which objects to the development on the brand, then it demonstrates of the brand to build on the long term management of brand and recommends the possible strategies on higher brand’s value to benefit to the clients and the brand’s equality
The history of CHANEL
According to an official site of Chanel is mentioned that “ in 1909, Gabrielle Chanel opened a shop on the ground floor of (Etienne Balsan’s) apartment in Paris – the beginning of what would later become one of the greatest fashion empires in the world “ ( Chanel Fashion Model Directory, 2008 ). Furthermore, Gabrielle Chanel is a pioneer to create the ideas of Coco Chanel, which is simple and practical. Morever, her taste became famous in 1915...
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...managing the business through the progression in the future.
Works Cited
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In every given business, the name itself portrays different meanings. This serves as the reference point and sometimes the basis of customers on what to expect within the company. Since personality affects product image (Langmeyer & Shank, 1994), the presence of brand helps in the realization of this concept. Traditionally, brand is a symbolic manifestation of all the information connected with a company, product, or service (Nilson, 2003; Olin, 2003). A brand is typically composed of a name, logo, and other visual elements such as images, colors, and icons (Gillooley & Varley, 2001; Laforet & Saunders, 1994)). It is believed that a brand puts an impression to the consumer on what to expect to the product or service being offered (Mere, 1995). In other application, brand may be referred as trademark, which is legally appropriate term. The brand is the most powerful weapon in the market (LePla & Parker, 1999). Brands possess personality in which people associate their experience. Oftentimes, they are related to the core values the company executes.
It’s the most iconic perfume that changed the world of fragrance. Chanel wanted to create a scent that was modern, classy and represented women. “Perfumer Ernest Beaux produced a portfolio of samples for Mademoiselle to try- and she chose the fifth proposal” (“Chanel”, n.d). It was composed of eight different ingredients making her perfume more complex than any in the market. She was the first designer to put her name on a fragrance and replaced the typical perfume packaging for a more sleek, simple look. This was an extraordinary scent and it is still around
Givenchy’s love for fashion grew when at the age of ten he attended the Pavillon d’ Elegance Paris Exposition. Once looking through Vogue magazine, he was inspired by Balenciaga men’s wear. He wanted to be a couturier and attended Ecole des Beaux-Arts in Paris, to start a formal education in fashion. His designing inspirations came from Elsa Schiaparelli and Madam Gres’s work. His experience also came from working at the House of Piguet in Paris; this salon was known for its dramatic yet simple style and after, at the House of Lelong that was known for their high quality clothing. Those positions gave him knowledge on how to work with couture customers and gave him an opportunity to build strong relationships with them (Press, 2002).
Being able to create a movement of her own, Modernism and changing fashion for women, Chanel will forever be known as a remarkable fashion designer. I believe the fact that she put a woman’s worth as her main focus into creating her designs is what made consumers around the world admire her work. She knew that in the 20th century, to be elegant and fashionable meant money and a lot of it. The materials used for trendy clothing were very costly. This leads to Chanel using jersey as her main fabric choice. It was a cheaper fabric of choice. Most may wonder why she chose this fabric therefore you must know that Chanel did not come from a family full of riches and wealth. She became wealthy because she knew what it was like to be deprived of it and suffer in poverty. Her past impacts her genius ways of thinking to be able to create such clothing. Along with using jerseys as her fabric, Chanel’s main goal when creating a new design is to keep the men clothing in mind. The clothing was fitting but not suffocating. This changed the whole world’s outlook on how women should appear. It gave women the independence, confidence and power to say “Hey, I’m no different from a male and there is no set way to how I should look as a female if I so do not choose”.
Coco Chanel, born Gabrielle Bonhuer Chanel, on August 19, 1883 in Saumur, France was an amazing woman who redefined fashion as we know it today. She was a clothing designer who revolutionized the fashion industry with her suits, little black dresses, and avant garde flare. Because of this quickly in her young life she became well know, and rose to be the fashion icon that she is today. From the timeless designs that are still popular to this day, and the sophisticated outfits that can be paired with great accessories Chanel has done it all. When it comes down to it though it was Coco Chanel’s philosophy that “luxury must be comfortable, otherwise it’s not luxury” that lead to her success. (“Coco Chanel”)
In Deauville, she introduced casual knit dresses which was shockingly different from what others were creating and wearing. “She introduced relaxed dressing expressing the aspirations of the 20th century woman, replacing impractical clothing with functional styling.” (Martin 80). Her designs stressed simplicity and comfort and revolutionized the fashion industry. Within five years of her original use of jersey fabric to create a poor girl look, had attracted the attention of influential wealthy women seeking relief from the prevalent corseted style. In 1954, Chanel presented her new collection of the signature suit. The Chanel suit is a standard garment in modern fashion. “The key to her design philosophy was construction, producing traditional classics outliving each season’s new fashion trends and apparel.” (Martin
Chanel released a quote saying “a woman who doesn’t wear perfume has no future”. She invented the famous “little black dress”. Coco believed a girl should be two things; classy and
Marketing is a core pillar of an organization and contribute significantly in its prosperity through attaining the laid down targets as well as scope of development. The position of an organization is hugely based on its competitiveness and capacity to capture a significant portion of the market in relation to the prevailing needs of consumers. Interaction of the organization with the consumers and the potential consumer in the market arena is attained through the marketing wing of the organization (Ferrell& Hartline, 2012). The preferences of the consumer and avenues of satisfaction are aligned to the established marketing frameworks. However, the success of organization marketing is highly inclined to the marketing strategies formulated and adapted towards coping with competition and eventually enhancing firm competitiveness.
Coco was emerging into the upper class. Her past was almost behind her and her dreams were in reach. “Her new simple and comfortable designs became popular, and success soon followed; she soon added clothing to her selection of hats. People were as fascinated by Chanel as they were by her designs, often coming into her shop just to see what she looked like. As she grew in fame, her illegitimate birth and lower class origins gradually disappeared, and Chanel became a full, if unique, member of Parisian society” (Dow 92).
Fashion plays an important role in the lives of billions all over the world; people, as part of a status craving society, turn to “fashion capitals” of the world for ways in which to dress and carry themselves. New York, Milan, and Paris are leaders among this fierce industry that the world lusts after. Fashion can speak volumes about ones personality, or also about the condition the world is in at the time. In France, fashion changed rapidly and feverously as the times changed.
The story of Coco Chanel's rise from obscure beginnings to the heights of the fashion world.
Market opportunities for breakfast cereals is vast, some segments of the market have been neglected, most notably that of the over-50’s. Insightful presentations were given at the “Older, Richer, Wiser” Conference that would suggest the over 50’s market segment is targetable.
Secondly, some light has been thrown on the previous researches by various authors on the similar topics by providing with a summarised form of the same. It helps in better understanding of the ongoing concepts and perceptions on the concept of brand and its importance.
...& MAKLAN, S. 2007. The role of brands in a service-dominated world. Journal of Brand Management, 15, 115-122.