ABSTRACT
The study on fashion product management through
brand extention
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Shin, Sung-mi |
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Major in communications |
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in Fashion industry |
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The Graduate School |
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Yonsei University |
The purpose of this study is to propose more effective and systematic
management strategies of transformation from the high valued assets
to the other products by studying the cases of brand expansion.
At the present in the nation there are great changes of the form
of circulation, and as it becoming total brand and multi-brand,
the new brands are getting ready to expand their brand with the
community of spirit in family. For this study it is used basic analytic
study methods on the concepts of brand, expanding theories, and
the methods from the companies such as Polo, GAP and Giordano which
are the worldwide examples of the expansion of their brand.
The study examined the introduction, positioning and successful
strategies of each brand, and the objective data were collected
and analysed from the each company to summarized the successful
managements of expansion.
1. Polo emphasized the Life Style to maintain its brand identity
of elegant and classic. In the similar concept it maintained its
image and added customer's emotional values and sensitive satisfaction.
For this Polo supposed distinctive VMD and consistent advertisement,
therefore it strengthened the relationship of family brand.
The construction of strategical license, its strength, propelled
global strategies showing the same messages through the worldwide.
Also it precisely analysed subdivided markets, satisfied the customer's
test and harmonized perfect coordination of clothing and accessories.
2. GAP tried tri-divided expansion targeting the customers upon
their income-level based on American pragmatism.
The difference of other brands when it was expanded was that it
succeeded brand classification with sustaining creative, distinctive
identity of each brand. GAP maintained the mutual independence of
each brand so that it could construct safe management system and
freely suggest the change of identity.
3. Giordano became the pioneer of korean-middle-sized saleroom
due to its active dealing with the trend transformation and market
change of Korea. It not only tried circulative method centered sale
and marketing to attract potential customers and but became a effective-centered
and rapidly communicative organization by maintaining a system for
special personal management centered supervisors through personal
management.
Finally, studying the expansion of each brand summaries of the
similarities and successful points were:
1. The expansion of brand able to be The possibility of total coordination
to brand expansion)
2. The same image advertisements and marketing strategies to strengthen
and maintain the Brand identity.
3. The diversification of production line and the cost reduction
through overseas sources.
4. Strategies of Globalization.
Through this study companies or department that wish to expand
their brands, hope to this study make useful for them.
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