Victoria Secret: The Pink Line BUS 330 17 January 2011 1. According to Victoria Secret’s marketing department‚ their sub store‚ The Victoria Secret PINK Line‚ is for the casual college student and is used ideally as sleepwear. The clothes are very comfortable and relaxed. A non fashionable teen to young adult is Victoria Secret’s supposed target market. However‚ with tweens and teens becoming more mature at a younger age‚ they too are finding the brand to be a suitable replacement for kiddy
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Case 6 Victoria’s Secret Pink: Keeping the Brand Hip As consumers‚ we pay attention to what is hip and trendy in the marketplace as it relates to fashion. Advertising plays a large role in the fashion decisions made by adults and pre-adults alike. For instance‚ advertisers for Victoria Secret have done a brilliant job of creating an association with the Victoria Secret brand and the visual image of lingerie that immediately comes to mind. They do this by using famous super models to market
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Apply the concept of aspirational groups to the Blackberry brand. Should marketers have boundaries with regard to this concept? The aspirational groups can help in this area because when the aspirational groups see this as a trend more people will buy this product and they will be able to maximize their advertisements to their products . They can in fact use their product to reach out to the aspirational groups to be able to establish a firm market in the Middle East. Marketers should
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Chatterjee Pink Case Study Questions May 17th‚ 2011 1. Analyze the buyer decision process of a typical Pink. * Consumers‚ not only Pink consumers‚ have a buyer decision process. This decision process includes need recognition‚ information search‚ evaluating alternatives‚ purchase decision‚ and post-purchase decision. In Pink buyer’s case‚ I believe many of them find the “need” to buy because they want to keep up with the newest trends and be fashionable. They are not buying this line of clothes
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VICTORIA’S SECRET PINK: KEEPING THE BRAND HIP When most people think of Victoria’s Secret‚ they think of lingerie. Indeed‚ the Limited Brands division has done a very good job of developing this association by placing images of super-models donning its signature bras‚ panties‚ and “sleepwear” in everything from standard broadcast and print advertising to the controversial prime-time television fashion shows that the company airs each year. Such promotional tactics have paid off for Victoria’s
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Victoria’s Secret has 1‚040 stores globally with more than 6 million square feet of retail space. Net sales are more than $5 billion and average sales per selling square foot are $581. However‚ when the word globally is used‚ it actually means the United States. International sales are mostly mail order or at a handful of airport stores. Victoria’s Secret could position their international presence better and is something they should work on. Victoria’s Secret still might be a secret to a lot of
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Company Case Victoria’s Secret Pink: Keeping the brand Hot I) Analyze the buyer decision process of a typical Pink customer The buyer decision process of a typical Pink customer can be split into five different stages‚ which can be found in the text studied. The first stage is for the buyer or to recognize the need for the product for instance in this case « lingerie ». Teens and tweens are the main targets for Pink’s products ; they are in a hurry to change over to maturity in terms of what
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Victoria’s Secret Pink: Keeping the Brand Hip When most people think of Victoria’s Secret‚ they think of lingerie. Indeed‚ the Limited Brands division has done a very good job of developing this association by placing images of supermodels donning its signature bras‚ panties‚ and “sleepwear” in everything from standard broadcast and print advertising to the controversial prime-time television fashion shows that the company airs each year. Such promotional tactics have paid off for Victoria’s Secret‚ a subsidiary
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1. Analyze the buyer decision process of a typical Pink customer. A typical Pink customer goes through several stages. It starts with the customer’s recognition that she needs a specific product‚ whether it is lingerie or even sweatpants or a t-shirt. The next stage will be the information search among several places that offer fashionable and cool products in order to find out which is the right place to buy. Pink will be easily spotted by possible customers because
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Victoria’s Secret Pink: Keeping the Brand Hot Synopsis This case illustrates the general strategy employed by Victoria’s Secret to acquire a new segment of customers through the introduction of its brand Pink. Pink is a line of “loungewear” (sweatpants‚ T-shirts‚ pajamas‚ bras and panties‚ pillows and bedding) targeted toward 18-30 year old females. The garments feature comfortable cuts and mostly cotton fabrics in bright colors. New garments are introduced every three or four weeks. The image
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