Preview

Mia Brand Swot Analysis

Satisfactory Essays
Open Document
Open Document
499 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mia Brand Swot Analysis
TANISHQ
INTRODUCTION
Tanishq has expanded its portfolio with the launch of sub-brand Mia, a line of jewellery targeted at working women. The line comprises two distinct designs directions – one in the modern and another in the ethno contemporary space. Mia is meant for women on the go, who are engaged in various professions and have a well-established accessory ensemble, unfortunately excluding jewellery. Fine jewellery that working women buy is mostly for traditional occasions, and do not have an offering for their daily wear in the market. Tanishq is best suited to understand the needs of these consumers and has put together a wonderfully crafted, well designed jewellery collection, which will make them love to go to work.
This collection is high on design quotient, light in weight, affordable and apt for today's modern woman. Mia has over 100 designs priced at Rs 5,999 onwards and the collection is available across the 130 Tanishq outlets in over 76 towns.
The objective is to take jewellery wearing occasions beyond weddings and special events. Kulhalli ,vice president (retail, marketing and merchandise) believes targeting the five million working women is enough opportunity as increasing aspiration levels and the number of women entering the workforce will drive spending. The new sub-brand will also help open up a new consumer age group, in a jewellery market where bulk of the sales is in the 30-60 age group.
DESIGN PHILOSOPHY
Mia Tanishq is a stunning range of fine, urban-chic, affordable jewellery starting at Rs. 5999 exclusively crafted for Working Women to ensure that you're appreciated in your work place and makes you enjoy your work life like never before. Based on 2 design directions, Quest (no beginning and no end - Infinity) and Blossom (Born to Blossom - Born to Shine - Floral), this collection is truly a winner at work.

Truly capturing the essence of the urban, independent working women, Mia is inspired by the individuality of each one of

You May Also Find These Documents Helpful

  • Good Essays

    Foxy Originals owners, Kluger and Orol, are the company’s greatest assets. Orol’s parents owned a successful metal manufacturing company that specialized in making medals and jewellery. Orol became familiar with the most effective and efficient jewellery production methods. Kluger had been designing and selling her own jewellery since she was fifteen. Kluger’s experience in jewellery fashion and design helped the company stay ahead of the latest trends in the ever-changing jewellery market. Orol and Kluger’s extensive experience in jewellery design and production gave their company the strength it needed to compete in the brutal high-end jewellery market. In addition, one of company’s key strengths is its ability to produce high-end jewellery while keeping production costs at a minimum. By combining high quality with low prices, Foxy Originals was able to gain market share at an unprecedented rate. Gaining a decent market share gave the company the brand recognition it needed to secure shelf space at 250 boutiques nation-wide. A strong market presence has translated into a healthy financial gain that allows the company to continue its current operations while exploring expansion…

    • 1880 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Lanacorp Swot Analysis

    • 445 Words
    • 2 Pages

    Over the last few years LanaCorp’s profits have been down while IT expenditures have significantly increased. Recently, some concerns have arisen regarding the company’s expenditures. I was tasked to determine the total cost of ownership per PC. Should the total cost of ownership exceed the breaking point, a decision must be made regarding employee and budget cuts. Per our CEO, the company’s break point is $5,300. I have created a Total Cost of Ownership spreadsheet that takes into account general organization information, direct, and indirect costs to calculate the total cost of ownership per PC. This calculator will provide a more accurate cost analysis. It has been set up in such a way that any data changes will automatically update the…

    • 445 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Jewelry is not only considered a status symbol, but a reflection of someone’s taste. A woman’s craze for jewelry is a universally known fact. Women look more beautiful, confident, and graceful when wearing jewelry. In most cases, it enhances the beauty of an outfit and overall personality. Whether it’s a toned down, simplistic style, or an extravagant and vibrant look, jewelry can be a woman’s way of expressing herself without saying a word.…

    • 755 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Eden Creations

    • 840 Words
    • 4 Pages

    Recommendation (be specific): Jean will forego adding a second daywear jewelry collection to Eden Creations and will not create an online presence at this time. Her marketing plan will be to advertise Eden Creations’ brand image as a bridal collection at the Canada’s Bridal Show in September and distribute semi-annual newsletters to her current 6 retailers while arranging sales meetings with Tiffany’s Bridal and Ballet’s Wedding Specialist (exhibit 1). Jean’s jewelry collection will receive notoriety and exposure to approximately 28,000 patrons at the bridal show and allow Eden Creations to sell directly to the end consumer, providing an opportunity for increased profitability.…

    • 840 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Foxy Originals

    • 1763 Words
    • 8 Pages

    We recommend that Foxy choose the trade show method, reduce its classic jewelry inventory to 15% at their booth, and target the “Chain Lovin’ Ladies” demographic in the four major fashion hubs of the U.S. The contribution margin of trade shows and the specificity of their efforts with retailers will result in sustainable growth in a new market.…

    • 1763 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Swot Analysis

    • 361 Words
    • 2 Pages

    After performing a SWOT Analysis, upper management has determined that our company has a variety of strengths, weaknesses, opportunities and threats. I will describe strategies that will take advantage of the company’s strength’s and opportunities. I will also describe strategies that will help the company reduce weaknesses and threats.…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Steve Madden Stereotypes

    • 515 Words
    • 3 Pages

    The model’s big head conveys self-esteem and self-pride and she challenges the consumer to look as good as she does. The young woman wears a face of apprehension and is running away from her old self to start her new confident life with Steve Madden products. The sleek black leather jacket on top of a sexy white shirt, short enough to reveal her stomach and curvaceous hips together with her tight low rider blue jeans, black pointy high boots, and trendy black bag complete her fashionable outfit. The embellished woman’s physique is aimed to appeal to women and girls between the ages of 16 through 25 in search of funky, hip, sexy…

    • 515 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    American Apparel Essay

    • 1506 Words
    • 7 Pages

    The company’s philosophy on being sweat-shop free, Made in USA puts them at odd’s ends with their overly-sexed advertisements. Since people have layers, the brand can appeal to shoppers by helping them embrace their duality. Consumers want a brand that they can emotionally connect with, brands that reflect their passion and interests (Thau, 2014), which this emotional appeal would do. Furthermore, versatility appeals to the rational consumer looking for items with multiple uses, which translates into a good value for their…

    • 1506 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    material. It is all about the marketing of products. In today’s society, women are being…

    • 757 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Meeting Customers Needs

    • 3998 Words
    • 10 Pages

    Jewel First is an online retail business which sells jewellery and accessories. The company was formed in 2009 as part of a Pandora online retailer as the company grew so did the range of brands we sell. The company now has 4 websites with a database that exceeds 300,000 active customers; we can process up to 200 per day and have a team of 8 people. Jewel was formed to provide affordable jewellery and accessories to everyone out there.…

    • 3998 Words
    • 10 Pages
    Better Essays
  • Satisfactory Essays

    Swot Analysis

    • 643 Words
    • 3 Pages

    Please discuss how marketing strategy fits within the larger framework of business strategy. Provide an example of a company (from any industry) that successfully integrates marketing strategy into its overall business strategy, mission and vision. Or, give an example of a company whose marketing strategy doesn’t fit well with its business strategy, mission and vision, and explain why this is so.…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Tiffany Case Study

    • 2791 Words
    • 12 Pages

    From the beginning, it was clear that Charles Tiffany’s vision of establishing the grandest preeminent house of design and the world’s premier jewelry house, his vision has held true even over a century later. Mission: Tiffany is a retailer, designer, manufacturer, and distributor of luxury fine jewelry. It is known for its quality, craftsmanship, value, price, and brand. Its quality is nearly perfect, with minimal flaws. Their objective to provide strong and superior quality, craftsmanship, and value attributes to customers. Strategy is to place investment in Aber Resources that would help Tiffany secure a portion of its future diamond needs, giving it control over some of the resources. While tapping into potential markets might have been a big step, building brand image and brand recognition were very important when dealing with international markets. One of the much appreciated policies of the company is that customer who purchase from online are able to return at the real stores.…

    • 2791 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    My target audience are young women from 17 to 25, who want to have or already have a sophisticated and classy style without being able to pay for Chanel, Louis Vuitton, Gucci, Prada, Burberry or Dior. It concentrates on providing this style with not much money and it also centres on natural cosmetics, as well as more extravagant makeup styles for nights out.…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Introduction of Publication. ELLE is a fashion magazine that began in France in 1945 when sellers were transitioning from the sales-oriented era into the market-oriented era, which is characterized by marketing based on a determined target market and focusing on what consumers want and need. Adhering to this prevailing notion of the time, ELLE’s aspiration to advise females of the latest trends in fashion, beauty, lifestyle, and relationships has satisfied many women’s needs and wants by inspiring them to begin a new life after World War II. Targeted User Profile and Audience Dimensions. ELLE employs a unique mix of all four segmentation techniques, namely geographic, demographic, psychographic, and behavioural segmentation. Geographically, ELLE segments their market nationally, distributing different issues in different countries to account for the variation in fashion sense and consumer behaviour. In fact, it is currently the largest fashion magazine, with 39 international editions in 60 countries. With respect to demographics, ELLE’s readers are composed of 90% females and the median age of all readers is 33.2, with approximately 54% ranging from ages 18 to 34 and 52% from 25 to 49. This indicates that ELLE’s target market consists mostly of middle-aged women and less of teenagers, as is evidenced throughout the magazine which is dominated by clothing advertisements with mature styles and through the “ELLE Beauty Anti-Aging” section of the magazine. ELLE targets female audiences with photographs of beautiful female models in fashionable clothes and make-ups, and also with features such as ELLE Shops, ELLE Beauty, ELLE Fashion, and ELLE Fitness. Moreover, ELLE’s readers are high income earners with a median HHI of $71, 894 and 47.7% of readers have incomes higher than $75,000. The number of employed readers forms 68.4% of ELLE’S total readers, corresponding to the large proportion of high income earners. As Robbie…

    • 1616 Words
    • 47 Pages
    Best Essays
  • Satisfactory Essays

    Cozmostar

    • 558 Words
    • 3 Pages

    All we want to create is the elegant designs that are going to add new dimensions to the field of contemporary jewelry designing.…

    • 558 Words
    • 3 Pages
    Satisfactory Essays