Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

57

Transcript of Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Page 1: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!
Page 2: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Gucci is an Italian company founded in Florence & is considered to be the most recognized fashion brand all over the world.

• Gucci is known for its high quality leather products & hand making shoes.

• Gucci accelerated internationalization in 1989 and targeted young youth.

• Gucci, right now is operating more than 450 stored globally.

Page 3: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Guccio Gucci

Guccio was born in Florence ( 26 march 1881- 2 January 1953).

He was an Italian business man & fashion designer.

He is the founder of the house of Gucci and son of an ordinary merchant.

Page 4: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• The dream of “Gucci” first started in 1921, after he had gained experience on the luxury luggage famous people carried in Savoy Hotel in London.

• After the World War II, due to material shortage, Gucci created handbags made with cotton canvas instead of leather which was quite famous back then.

• After Gucci launched its first stores in Italy, Gucci expanded to Manhattan in 1953, which was considered the first Italian luxury store in U.S.A.

• The last 20 years of the company were tough and things started to go from bad to worse. But in 1993, Tom Ford was hired and he was the one to put Gucci back to the top.After Tom Ford was hired, Gucci generated 4.2 billion by 2008 and it was known as the biggest selling Italian brand in the world.

• Later on, Gucci launched a children’s line in June 2010 and there were 40 stores in the world that had the children’s line including the UAE.

Page 5: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

AWARDS WON BY GUCCI

Page 6: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Vogue Best New Designer (1995)

• Designer of the Year (1996)

• CFDA International Designer of the Year (1996)

• Elle Style Awards Style Icon Award (2000)

• British GQ International Man of the Year Award (2000)

• Timeᾼs Best Fashion Designer (2001)

• GQ Designer of the Year (2001)

• First Annual Fashion Design Achievement Award At the Cooper Hewitt Design Museumᾼs National Design Awards (2003)

• The brand also occupied 46th position in the business week magazine, which featured top 100 brands in 2007

Page 7: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

WORLD RECORD

Page 8: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

GENIUS JEANS

Guinness Book Of World record cites the Gucci “ GENIUS JEANS” as the most expensive jeans of the world. A pair of normal Gucci jeans that has been distresses, ripped & covered with African beads. When it was presented in Milan back in October 1998, it got an astonishing price of $3,134.

Page 9: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

PRODUCTS

Page 10: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

FOR WOMEN

Page 11: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

FOR MEN

Page 12: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

FOR CHLDERN

Page 13: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

GUCCI FOOTWARE

Page 14: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

ACCESSORIES

Page 15: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

GUCCI’S CAR

Page 16: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

In 1972 Gucci got associated with American motors association, & now It has launched its own car featuring Jenifer Lopez as its spokes person.

This year sees the celebrations of 150 years of Italian unification and on the occasion of the 90th anniversary of the establishment of the Gucci brand.

Fiat and the Florence-based label present the "500 by Gucci", an important partnership between two brands that have always expressed Italian genius and creativity across the world..

Page 17: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

REVENUE ANALYSIS

Page 18: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Gucci’s Handbag and Leather goods accounted for $1.2 billion in sales in 2012.

• Percentage of Sales Growth from:

• Japan 11%

• Europe 14%

• North America 24.9%

• Asia (excluding Japan) 28.5%

• In 2010 it generated 2266 million euro revenue.

Page 19: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Brand PositioningThe Gucci Targets Customers:

Middle age

High income

High status

Businessman

Page 20: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

COMPETITORS

Gucci’s competitors are:

Armani

Versace

Dolce & Gabbana

Prada

Doir

Burberry

Chanel

Page 21: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Workers in the company

Patrizio Di Marco : President & Chief Executive(CEO)

DOMENICO DE SOLE President And Chief Executive Officer Of The Gucci Group And Chairman Of The Group’s

Management Board.

Ray: CREATIVE Director(menswear)

Farida Giannini: Creative Director(women Wear & Children)

Page 22: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Mission Statement & Goals

Mission Statement:

"The Price Is Forgotten Long After The Quality Remains".

Page 23: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

BUSINESS CHANNELS

Page 24: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Vice President

Bob Barker 

VP of Corporate Marketing & Digital Engagement

Page 25: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

HOW GUCCI ADVERTISE OR COMMUNICATE

Page 26: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Luxury brands will always have a strong following because of the lifestyle affinity the brand promises.

• Many brands move into social media to protect their brands but for Gucci, they realize social media is another channel to connect with their customers

• Gucci's high ranking offline is magnified online because of the social webs ability to allow people to gather around what they love, whether they can afford it or not.

Page 27: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

MARKETING DONE THROUGH SOCIAL MEDIA

Page 28: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Gucci has an excellent start into their foray into social media marketing. Their Facebook page has attracted 3.7 million friends, their Twitter handle has over 34,000 followers and their YouTube channel has nearly 300,000 views.

• This isn't necessarily a measure of success, but it does point to the affinity consumers have with their brand and the potential that the web offers them to engage with these consumers.

Page 29: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

TWO WAY COMMUNICATION

Page 30: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• If you look beyond the number of friends and followers, however, you can see that Gucci is primarily providing content rather than engaging in two-way communication.

 • The advantage of having conversations directly

with consumers is that Gucci can then extend their online engagement to supporting their customers, seek product innovation

• at the same time as utilizing peers to peer product advocacy. It would also help them grow their following and introduce the brand to new customers.

Page 31: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

FAN COMMUNITIES

Page 32: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

• Another advantage with social media is the opportunity to engage with brand advocates.

• As an established brand, Gucci probably has many fan-based communities that would welcome the brand joining them and supporting their celebration of Gucci products and the lifestyle it represents. This, indeed, is the opportunity that social marketing offers.

• In being ranked as number 6, Gucci is well on its way to growing its online presence but it certainly has many opportunities to expend its present efforts

Page 33: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

SWOT ANALYSIS

Page 34: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

STRENGHT Strong Brand Name. Strong Presence in International Market. Directly operated stores More control over Distribution Channel.

Page 35: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

WEAKNESSES Unstable Management. Has to invest huge money in order to protect and maintain its

brand image. Diversified product range, hence has a risk of brand dilution

Page 36: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

OPPORTUNITIES

Emerging luxury markets in emerging economies like India and China.

Creating competitive advantage in different business segments.

To target the youth segment with stylish designs.

Page 37: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

THREATS Threat of competition from medium brands that have potential to

move towards premium brands in the future ex. Zara and GAP

Product substitution is easily available.

Page 38: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

BRAND AMBASSADORS

Page 39: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

LENNY KRAVITZ

• Well, apparently the singer signed an agreement with Frida Giannini, the artistic director of Gucci, to wear Gucci models during his tour “Love Revolution”. He wore 20 models by Gucci during his concerts started on May 29 in Spain.

Page 40: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

BLAKE LIVELY

• GUCCI Of London has hired the American actress and model, Blake Lively as its new face. She has been chosen due to her impeccable style and attitude, says Gucci creative director Frida Giannini.

Page 41: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

CHARLOTTE CASIRAGHI

• The 24-year-old beauty — granddaughter of Princess Grace and daughter of Princess Caroline — replaces Evan Rachel Wood as the luxury brand’s ambassador. Charlotte, who wears custom Gucci attire to compete, from UNITED KINGDOM

Page 42: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

TANISHA MOHAN

• Tanisha Mohan aka Tashu has been expected to be appointed as the Brand Ambassador of Gucci in

India.

Page 43: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

LI BING-BING

• Gucci(China) hired li bing-bing from CHINA as the spoke person for them.

Page 44: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

OUTLETS

Page 45: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

ANNAPOLIS Queenstown Premium Outlets - Queenstown, MD

Page 46: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

ATLANTA

Phipps Plaza - Atlanta, GA

Page 47: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Las

Vegas The Forum Shops at Caesars - Las Vegas, NV

Page 48: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

HOUSTON The Galleria - Houston, TX

Page 49: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Los Angeles

Page 50: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

New York City

Woodbury Common Premium Outlets - Central Valley, NY

Page 51: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Philadelphia

King of Prussia Mall - King of Prussia, PA

Page 52: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

San Marcos Premium Outlets - San Marcos, TX

San Antonio

Page 53: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

San Diego

Fashion Valley - San Diego, CA

Click icon to add picture

Page 54: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

SunriseSaw grass Mills - Sunrise, FL

Page 55: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Yonkers

The Westchester - White Plains, NY

Page 56: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

San Francisco

Vacaville Premium Outlets - Vacaville, CA

Page 57: Project On Gucci_ Italy..by ADP's Variablezzzz!!!!!

Any Questions???