Thursday, March 19, 2009

Location analysis


For this blog I chose Walgreens Pharmacy on the Spring Garden street. This particular retailer store is situated on a very good place. It is on the corner of the street. This is very good visibility for customers. You can see this store from different street's sides. Also it is very easy to drive to the store parking facility. Parking facility is pretty big in front of the store. A lot of cars can park there at the same time. About adjacent tenants, this store actually situated right in front of their competitor CVS Pharmacy. This is cumulative attraction for clients.
I guess that this is really good location for this retailer. It is easy to find this store, easy to park, the shop is very big. This store is next to UNCG also, which is a good advantage. I asked employee in the store and he told me that a lot of student visit this store every day. It is really important to chose the right place for retailer for theirs shops because if location is not appropriate it might cause bankruptcy. I am pretty sure it will not happen with this Walgreens because the owner of this store did a good location choice.

Thursday, February 12, 2009

Target audience.


I think it is extremely important to know who your target audience is and how to deal with them. Retailers create a lot of different ways to recognize who theirs clients and that their needs. For example they create surveys. There is a web site http://www.sric-bi.com/VALS/types.shtml provide survey for every one to understand who they are. This web site divides people in 8 different categories such: Innovators, Thinkers, Achievers, Experiencers, Believers, Strivers, Makers, and Survivors. I took the survey to recognize who I am, I will not tell my result, but I will just tell that it is pretty similar to my personality, but at the same time it is different. It is pretty similar f that we did in class, but more deep and detailed. After I realize that the result of my answers not totally shows me, I understand that only surveys it is not enough to understand who your target audience is.
Companies need to define target audience to grow theirs sales. Retailer need to answer this question: "Who is your target customer?" If they have more than one answer to this question, it's time to them retool their marketing plan. For example to determine which concept will bring in the most revenue.
Companies need to think deeply about their target audience and they will have success!

Sunday, February 8, 2009

GUCCI Story


The House of GUCCI was founded in 1921 by Guccio Gucci (1881 – 1953), the man who was responsible some hundred years ago, for one of today’s world’s most coveted $ 3 billion mega-fashion brand-name Gucci! In 1938, GUCCI expanded and a first boutique was opened in Rome. Guccio was responsible for designing many of the company's most products. In 1947, Gucci introduced the bamboo handle handbag, which is still a company mainstay. During the 1950s, Gucci also developed the trademark striped webbing.
After Guccio's death in 1953, his son Aldo helped control the company to a position of international prominence, opening the company’s first boutiques in New York, London and Paris. GUCCI has his own style that’s why it is very popular and companies profit increases every year. For example, the GUCCI "Genius Jeans" as the most expensive jeans in the world.
Aldo Gucci expanded into new markets including an agreement with American Motors Corporation (AMC). The Gucci cars sported boldly striped green, red, and buff upholstery and on the door panels, as well as the designer's emblems and outside color selections.
A rotate of the company devised in the late 1980s made Gucci one of the world's most powerful fashion houses and a highly profitable business process. And now in 2009 year GUCCI still has the same position in the world fashion market. GUCCI is not just one product! It is world of products! Clothes, inside car's design, accessories, shoes, etc.
"Gucci has become a multi-brand group from a single brand store over the years, with outlets worldwide – the Fifth Avenue Store in New York is the largest Gucci Store internationally. It is well worth a visit for those who take pleasure in beautiful things."
You can find GUCCI stores all over the world, Africa, Asia, Australia, Europe, Middle East, North and South America.
In a conclusion, I want to post here the phrase which Frida Giannini, Gucci's 34-year-old creative director, said in interview for Harper's Bazaar magazine in the Hong Kong for the opening of the new Gucci Landmark flagship store.
“I want to maintain the word sexy but in an absolutely less aggressive way. I would cancel out the word aggressive from the Gucci vocabulary. What I think was missing from Gucci, and what I think women are looking for, is the elegance of the past, an elegance that is reserved for precious things and details. I think that the Gucci woman I am looking at - from the 1960s and 1970s - was very confident and strong and sexy.” And it is true!

Friday, January 30, 2009

favorite retailer and 5 reasons why


Your favorite retailer and 5 reasons why you prefer this retailer over the others.
My favorite retailer is GUCCI. This brand is very famous and popular! The products which you can find in GUCCI stores are so gorges and very fashion. You can find a lot of different stuff in these stores, from accessory till clothes.
You can go shopping in the stores or also you can go shopping on-lain. It is really easy and comfortable to shop on-lain. The official website of GUCCI is very easy to use. The delivery are fast! I never had any kind of problem with this retailer.
I like GUCCI because it is unique retailer, I mean you can recognize GUCCI products everywhere. All products are made with a very good quality and also this retailer has a lot of different choices for all ages I think. I will always belong to this retailer and I can advise any of my friend to shop in this store.