Marketing Planning and Application To be submitted by groups before finals Group Project Presentation: 8th Jan 2022 Marking: Individual Dressing: Formal Aims & Objectives: This project is designed to check your basic understanding of MM applicable to various situations at different levels of organizations. It is expected to develop an overall view of marketing Management processes and acquire a synthesizing framework, which will help in systematic analysis of day-to-day situations in market. The project is intended to prepare the students for different functional areas of MM like customer analysis, Value Management, Marketing and Communication as well as to equip them with a broad perspective for reintegration of those functional areas in marketing Management. Task: Detail presentation on any 2 brands of same Category (one local one international) along with the comparison of their marketing strategies. Project: You are supposed to think of 2 brands of same category (one local, one international). And compare their marketing strategies and suggest the weak brand tactics to improve their brand presence in market. Also create a TVC to relaunch the weak brand The following ideas may work as guideline for though: o Work Experiences: Working students can reflect on their job & work experiences. They can think critically & reflect at any practice or process at their jobs, which, they feel is not delivering results and should be improved/ changed. This is something which has maximum chances of stimulating you. o Marketable: You can identify any project which you think can make your CV more marketable for job hunt. o Promotion/ Growth at jobs: Areas which can be beneficial at present jobs or help you grow professionally. Consider it a feasibility report. Manifest that you have examined and practically applied all MM Concepts studied so far. You will be asked questions during your presentation in an attempt to ascertain if you have understood all those concepts. The following MM Concepts must be addressed in your Project Presentation. Please note that you do not have to confine yourself to these guidelines, these are mere guidelines only for your facility: International Business Plan 1. 2. 3. 4. 5. 6. 7. 8. 9. Company/brand Description Market Analysis (factors and Strategies) Designing, delivering and communicate customer value Market segmentation Service or Product Line Marketing (4 Ps) & Sales Crafting brand positioning Introducing new offering and strategies How weak Brand Stand Out in market Marks Distribution Attributes’ Marks Presentation Presenting style/ confidence Formal dressing Application of the subject on your brand Understanding the MM concept Re-launch of dead brand Brands selection 5 2 2 5 5 5 1 TOTAL 25 Levies Outfitters Product strategy: Product strategy: The brand has gained a loyal customer base with Levi’s jeans over several years. This is because Levi’s makes sure that customers get so used to the pattern, class, and reliability it offers that they do not wish to switch to any other brand. About 30 steps are involved in the manufacturing process of Levi’s jeans which tells you the immense manufacturing skills that go into the making of the product. Unique design, dual seam durability, fivepocket convenience makes Levi’s stand out among its competitors. Although colour variants like khaki, black, grey, green have received recognition over the years, Levi’s classic blue jeans are its most stand-out product in the Product Mix of Levi’s. Its jeans come in several fits: taper, slim, boot cut, skinny, flare, relaxed, and big and tall. Every pair of jeans has a uniquely identifiable 3-digit number series namely from 500s, available for men and women to 300, 400 available for women. The company has a diversified portfolio of products ranging from jeans, trousers, shorts, skirts, jackets, sweaters, socks, underwear, belts, skirts, dresses, accessories, jumpsuits and a big and tall range. Outfitters is one of the leading apparel and clothing brands in Pakistan. The company has a diversified portfolio of products ranging from jeans, trousers, shorts, skirts, jackets, sweaters, socks, underwear, belts, skirts, dresses, accessories, jumpsuits and a big and tall range. The Jeans come in a variety of fits: Skinny, Slim, Taper, Boot cut, Relaxed, Flare and Big and Tall. These products are categorized into Men’s wear, Women’s wear, Mena’s Jeans, Women Jean’s, and Tailgate. Outfitters design their merchandise which is then manufactured in outsourced factories mostly based in Karachi & Lahore. Deploys strict quality control inspection at distribution center for incoming merchandise shipment and at manufacturing facility to identify quality issues prior to shipment. Price Strategy: Pricing Strategy: The company has a policy of maintaining standard pricing all over the world. Their pricing is mid-ranged which can be afforded by middle-class and upper-middle-class sections. Owning to a brand being an established player, price segmentation is a risky strategy. Levi’s jeans price is influenced by numerous factors like affordability for target customers, cost & demand of the product, and its famous features & uniqueness. discrimination policy in various countries which means they sell the same product for different prices in different countries. Levi’s always on sale it’s give 70% discount on various products. Outfitters stands for providing quality and trendy products at affordable pricing. Thus, standing by its motto it does a balanced pricing in its marketing mix of its product. The company follows product line pricing thus segmenting its product into opening priced tier, mid-priced tier, and high-priced tier. Outfitter’s strategy is not to give heavy discount on clothing as it changes the perception about the brand in the consumer mind space and they do not want to pay the full price forcing drastic discounts as a norm for the brand. Outfitters provide clearance sale regularly where it does provide slight discount for eliminating excess inventory. This helps company in stocking less thus bringing overall inventory management cost down. Placement Strategy: Placement Strategy: Levi and Co.’s operation takes place in 3 main geographic divisions: Levi’s Strauss Asia, Levi’s Strauss Europe, and Levi’s Strauss America. The main headquarters of Levi’s is in San Francisco. Operations of Middle East Asian regions like Oman, Kuwait, United Arab Emirates, and Qatar are also managed under Asia-specific divisions. An effective and efficient delivery and supply chain is maintained by the company via an innovative franchise model, duly formed distribution chain, and competent staff. They give customers different buying options from the various present distribution channels, including franchisee-owned retail outlets and showrooms. Presently, Levi’s has 15000+ franchise stores and around 3500 outlets all around the world. It is present in about 1500 stores across India which comprises 400 multi-brand outlets and exclusive stores like Lifestyle and Shoppers Stop. Outfitters has retail stores located in shopping malls, lifestyle centers and street locations in all major cities of Pakistan. As of 2018 Outfitters has over 81 stores in these locations. The brand manages efficient and effective supply chain and delivery through its well qualifies staff, distribution channel and a unique franchise model. A pair of jeans from Outfitter’s can be brought from a number of different distribution channels. These include factory owned showrooms and retail outlets which are franchise owned. Promotion strategy: Promotion Strategy: Levi’s uses all kinds of media for its promotional activities like TV, newspaper, and magazine. The company is also present on different social media platforms to increase its reach. They have launched different campaigns and have their own company song as well. While trying to market itself to youth, Levi’s always tends to take care of the aspects of individuality and uniqueness, established by the “Be Yourself” campaign that received a lot of appraisals. Levi’s organized public exhibitions in Europe to not only majorly promote itself but also to trace its development from almost 150 years back. As a part of the promotional efforts of the brand, Levi’s introduced an environmentfriendly “smart jacket” with waterless technology a few years ago. In Pakistan, with the help of newspaper print ads, internet, billboards, television ads, hoarding, and through brand ambassadors. Levi’s has found a huge audience to cater to. Outfitters follows 360-degree integrated marketing plan which include advertising using commercial, advertising on mobile phones, and using social media partners for promotion of brand. Outfitters uses real life stories and models to bring authenticity to its fashion wardrobe offerings. Its ad not only feature women but also focus on men clothing which most of the competitors do not focus. Given, the trendy teen segment it targets the variety becomes a key factor for the preference of clothing brands like Outfitters, hence to keep strong its brand perception Outfitters focuses on increasing the variety and latest fashion contents in each consumer segment offerings. Outfitters spends on CSR activities to build relationship with community. It uses social media platforms like Facebook, Instagram to advertise its CSR activities. Outfitters awards which recognizes and displays amazing achievement of suppliers and contractors in clothing industry builds its bond with designers stronger and create a buzz which influence brand recall in consumer mind space. Hence, this completes the marketing mix of Outfitters.