REPORT BY COMPETENCY GROUP MARKETING STRATEGY OF UNITED COLORS OF BENETTON INDIAN INSTITUTE OF PLANNING AND MANAGEMENT Page 1 IIPM AHMEDABAD REPORT BY COMPETENCY GROUP An Analysis of Marketing Strategy of United Colors of Benetton A report submitted towards the partial fulfillment of the requirements of the two years full-time MBA Degree. Guided By: PROF. PABITRA RANJAN CHAKRAVORTY Submitted By: SHREY GHOSAL STEFFY VELAYUDHAN SANDEEP SINGH BHADAURIA SUMIT TANWAR
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While seeking out a definition for "Marketing"‚ I found the term to consist of "the development‚ pricing‚ distribution‚ and promotion of ideas‚ goods and services" (Dominick‚ 398). Nowadays‚ when we think of marketing strategies‚ we immediately think of advertising‚ why is that? Firstly‚ it is considered as one of the important elements of marketing. Advertising is one of the few elements that tend to roll most of the different aspects of marketing into one. It is a division of the "general promotion
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Case study - The Benetton Group The Controversy Continues Problem Identification Benetton‚ the world famous clothing producer‚ once again dives into social issues that the United States may not be ready for. The Italy based group is well known for their shocking world issue advertisements that only bear the company logo. In fact‚ Benetton’s advertisements traditionally do not feature the clothes it sells; only the issues play the lead role. After years of controversy over ads such as AIDS‚ war
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27‚ 2006 Benetton 1. Do you believe Benetton is sincere in its efforts to promote social causes through its advertising? I do believe that Benetton was making the attempt to promote the social cases that they saw as key contributors to the worlds problems like‚ power‚ sex‚ race‚ and war. The only thing that really strikes me is that Benetton used pictures without captions so it makes it difficult to see which side they are really on if any. The campaigns showed that Benetton had somewhat
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Introduction………………………………………….3 1.1 Benetton 1.2 GHD 1.3 Company 1…………………………………………....4 1.4 Benetton Advert + Target Market 1.5 Company 2…………………………………………....5 1.6 GHD Advert + Target Market 1.7 Theories of Consumer Behaviour…………………..6-8 Benetton.....................................................................6 GHD..........................................................................7 1.9 Assessment & measurement of advertising impact...8-9 Benetton.......................
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Young People‚ Researchers and Benetton Contest Interpretations of a Benetton Advertisement Picture JANNE SEPPÄNEN In the spring of 1997‚ four Benetton advertisements were placed in front of Finnish candidates for the matriculation examination. One portrayed a nun and a priest kissing‚ another featured a black wolf and a white lamb‚ a third one was a picture of multi-coloured condoms lined up in straight rows‚ and a fourth portrayed a “family of the future”‚ two adults with a child in between
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SELF-STUDIES ASSIGNMENT Business Ethics COMPOSITION AND PRESENTATION IB‚ IT groups Self-studies objectives: Express one’s opinion on a chosen ethical issue; Use up-to-date information sources; Express oneself properly orally and in written form. Assignment: Divide into groups of three (one Erasmus student per group). Choose any ethical issue and use the key questions below to help you identify and elaborate on the major ethical problems. Make a list of the groups (also indicate
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BENETTON S.W.O.T. ANALYSIS: STRENGHTS Benetton Group is considered a fully vertical integrated corporation. The company counts with a strong market position. It has a good reputation. Brand is recognized worldwide. It is a world leader in the design‚ manufacturing and marketing of distinctive casual apparel for man‚ women and children. Effective marketing strategy. The group has its own center of research and development: Fabrica. WEAKNESSES High cost structure. Products are overpriced
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Notes on Q3 of Benetton case Question 3. How well do these three interconnecting sets of operations fit together? Very well indeed. Think about it this way. • The use of contractors and sub-contractors saves Benetton cost because they have lower wage rates than in their own factories. This cost saving can be invested in the ‘dyeing in grey’ process (which is more expensive than knitting the garments from colour yarn). • The flexibility which the dyeing in grey process gives allows
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Case Study: United Colors of Benetton 1. Benetton’s business in Italy is reaching market maturity. Benetton’s revenues (billings) from Italy had levelled out due to market saturation‚ increasing competition‚ growing amount of imported merchandise and a stagnant economy. It should be noted that majority of the Company’s revenue is generated from Italy. In fact‚ out of $78 million sales generated by the Company in 1978‚ 98% of which were from Italy. Time is of the essence‚ the Management should
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