fashion and luxury brand strategy, soon after internet massification

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. MARGARIDA ESTEVES PEREIRA . PROJECT LEADER ANDREA COSCENZA . DIRECTOR OF THE MASTER ANNAGEMMA LASCARI DOMUS ACADEMY . MASTER IN FASHION MANAGEMENT . 2010 FASHION AND LUXURY BRAND STRATEGY SOON AFTER INTERNET MASSIFICATION

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Page 1: Fashion and Luxury Brand Strategy, Soon After Internet Massification

. MARGARIDA ESTEVES PEREIRA . ���PROJECT LEADER ANDREA COSCENZA . DIRECTOR OF THE MASTER ANNAGEMMA LASCARI ���

DOMUS ACADEMY . MASTER IN FASHION MANAGEMENT . 2010

FASHION AND LUXURY BRAND STRATEGY SOON AFTER INTERNET MASSIFICATION

Page 2: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Younger consumers and New groups will become the dominant segments

1

Page 3: Fashion and Luxury Brand Strategy, Soon After Internet Massification

by L2 A THINK THANK FOR DIGITAL INNOVATION

Page 4: Fashion and Luxury Brand Strategy, Soon After Internet Massification

3 Market pressures in a turbulent recovery will drive a second wave of luxury consolidation

2 Aspiration will evolve into new relationships with brands filling different emotional needs

Page 5: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Luxury will always be about surprise and

delight. Lauren Sherman

Page 6: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Luxury will always be about surprise and

delight. Lauren Sherman

connection

experience

desire interaction

heritage

dialogue

quality scarcity

exclusivity tradition

recognition

Customer focus

lifestyle

personalization

uniqueness

Page 7: Fashion and Luxury Brand Strategy, Soon After Internet Massification

4 Retailers will offer products competitive with those produced by typical luxury brands

Page 8: Fashion and Luxury Brand Strategy, Soon After Internet Massification

6 New markets’ diversity will stretch luxury brands’ marketing and supply chain capabilities

5 BRIC countries’ growth may overtake Europe and the Americas as the largest global luxury market region

Page 9: Fashion and Luxury Brand Strategy, Soon After Internet Massification

BRICs Key Success Factors

o  Understand the digital situation of each country o Do not forget mobile

o  E-Commerce o  Investment should match the opportunity

Page 10: Fashion and Luxury Brand Strategy, Soon After Internet Massification

7 The luxury shopping experience will transform the decade’s new luxury shoppers

Page 11: Fashion and Luxury Brand Strategy, Soon After Internet Massification

DESIGN, CONTENT, TECHNOLOGY and SOCIAL ELEMENTS

are all critical in establishing a presence that represents the brand and resonates with the

TARGET audience.

Diffuse EXPERIENCES.

Page 12: Fashion and Luxury Brand Strategy, Soon After Internet Massification

A store is a place you train people to love your brand, look at

Apple stores. Ian Jindel, In!rnetRe"iling.net CEO

Page 13: Fashion and Luxury Brand Strategy, Soon After Internet Massification

8 Online retail is still in its infancy, but quickly becoming more than a niche

Page 14: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Several components of a digital flagship store capable to transmit a real image of a brand and

pull the creativity of any person

O  E-COMMERCE O  MOBILE

O  VISUAL NETWORKING O  VIRTUAL ARCHIVE

O  SOCIAL GAMING O  VOICE INTERACTION

O  VIRTUAL DRESSING ROOMS O  3-DIMENSIONAL

O  HOLOGRAMS

Page 15: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Online shopping is often more exciting than

most experiences at a store unless you are a

celebrity. Mil#n Pedraza, Luxury Ins$%! CEO

Page 16: Fashion and Luxury Brand Strategy, Soon After Internet Massification

9 Retail networks and product offerings will see a huge customization

Page 17: Fashion and Luxury Brand Strategy, Soon After Internet Massification

MARKETING ONE-TO-ONE provide services or products to one customer at a

time by identifying and then meeting their individual needs

MASS CUSTOMIZATION customization and personalization of products and

services for individual customers at a mass production price

Page 18: Fashion and Luxury Brand Strategy, Soon After Internet Massification

10 New luxury players will emerge as tastes and consumers change

Page 19: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Initiatives to be implemented by new players

NANOTECHNOLOGY applied to Fashion and Luxury industry

IMPLANT SUBCUTANEOUS which reacts according to the 5 senses. Receive and

send information concerning our desires

Page 20: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Elegance is not about being noticed, but

about being remembered.

Giorgio Armani, Designer

Page 21: Fashion and Luxury Brand Strategy, Soon After Internet Massification

RECAP

Page 22: Fashion and Luxury Brand Strategy, Soon After Internet Massification

. MARGARIDA ESTEVES PEREIRA . ���PROJECT LEADER ANDREA COSCENZA . DIRECTOR OF THE MASTER ANNAGEMMA LASCARI ���

DOMUS ACADEMY . MASTER IN FASHION MANAGEMENT . 2010

FASHION AND LUXURY BRAND STRATEGY SOON AFTER INTERNET MASSIFICATION

Page 23: Fashion and Luxury Brand Strategy, Soon After Internet Massification

Prediction is very difficult, especially about the future.

Niels Bohr