YouTube Launch Strategy: a snapshot of Gucci Guilty Posted by thebea10 on Thursday‚ October 7‚ 2010 · Leave a Comment Luxury brands have engaged the digital environment by vividly conveying story and style via websites adorned with captivating imagery and rich media. Although cocooned by the exclusivity of brand domains‚ these companies are beginning to incorporate the social web into their communications mix – as you can’t be coveted if there is no one to covet you! Why not go to where the people
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In 1921‚ Guccio Gucci opened a leather goods company and small luggage store in his native Florence. Though his vision for the brand was inspired by London‚ and the refined aesthetic of English nobility he had witnessed while working in the Savoy Hotel‚ his goal on returning to Italy was to ally this classy sensibility with the unique skills of his native Italy. Specifically‚ with the master craftsmanship of local Tuscan artisans. Within a few years‚ the label enjoyed such success the sophisticated
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Question 1 1.1 The BCG Matrix is still viable and usable in today’s world and is still a significant tool used by businesses. The BCG Matrix looks at the impact an investment will have on the company. The BCG Matrix works on two axis‚ Namely the vertical and horizontal axis. The vertical axis will indicate the growth rate and the horizontal represents the market share. The matrix assumes that a company must focus on its mature markets and form a strong competitive position in the market ultimately
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DEFINITION BCG MATRIX Boston Consulting Group (BCG) Matrix is defined by the following authors as follows: Table 1 Definition of BCG Matrix Pearce (2013) David (2012) BCG Matrix is an approach pioneered by the Boston Consulting Group that attempted to help managers “balance” the flow of cash resources among their various businesses while also identifying their basic strategic purpose within the overall portfolio. It is also known as “portfolio techniques”. BCG Matrix graphically portrays
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GUCCI HANDBAGS Gucci Handbags Gucci handbags are some of the most desired and most attractive handbags available in the market. Synonymous with elegance and quality‚ the price of Gucci handbags‚ from the bamboo-handled handbag which catapulted the Gucci brand into international fame in the 1940s (and still used today) to the sleek new collection for 2005‚ varies from an affordable $100.00 to as high as $3‚000.00. The newest line of Gucci Handbags was launched in the latter part of 2004
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Placing products in the BCG matrix results in 4 categories in a portfolio of a company: BCG STARS (high growth‚ high market share) - Stars are defined by having high market share in a growing market. - Stars are the leaders in the business but still need a lot of support for promotion a placement. - If market share is kept‚ Stars are likely to grow into cash cows. BCG QUESTION MARKS (high growth‚ low market share) - These products are in growing markets but have low market share. - Question
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supply chain1 Professor Corrado Cerruti‚ University of Roma Tor Vergata‚ Italy and Professor Alan Harrison‚ Cranfield School of Management‚ UK Case date: 2005 Gucci Group: a brief overview Gucci Group‚ with consolidated sales over 3.2bn‚ is a world-leading‚ multi-brand company in the fashion business. In addition to the core Gucci brand‚ the Group incorporated other leading brands such as Yves Saint Laurent‚ Sergio Rossi‚ Boucheron‚ Bottega Veneta and Balenciaga together with designer brands
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A Anna Abrell‚ Lottie Batchelor‚ Ankita Choudhary‚ Yuou Du‚ Marianne Halmela‚ Martin Zirfas Table of Contents ! " Gucci’s strategy! " The luxury goods sector! " Gucci SWOT analysis! " Strategic group analysis! " Future predictions Is Gucci good at strategy? ! " When Tom Ford was in charge‚ the business was more design-focused & control was centralised - there were disputes between Tom & De Sol regarding managerial control " With the appointment of Robert Polet‚ control became decentralised
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LEVIS SWOT ANALYSIS SWOT analysis empowers firms to identify elements that need to be taken into account when developing marketing and corporate strategy. Strengths and Weaknesses are in-house factors that are controllable by the organization. Opportunities & threats are outside factors‚ which are uncontrollable by the organization. According to Kotler and Armstrong‚ SWOT analysis involves a distillation of the findings of an internal and external inspection that lures attention‚ from a strategic
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Gucci The company Gucci is well known in many countries. The moment a person hears the word Gucci what comes to mind is fashion and expesive. In 1921‚ Guccio Gucci opened his first store in his native country Italy. Since 1921 Gucci has evolve into one of the most exclusive store in the world. It wasnt until 1950‚ that Gucci became known once the green red green logo was released. In 1953 due to Guccio Gucci’s death his sons Aldo‚ Ugo‚ Rodolfo and Vasco took over the company. It is then that Gucci
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