bottega veneta travel bag collection
DESCRIPTION
This is my final project for luxury managment 2013 in POLIMODA Firenze. Worked with Shadan Mohammed and Feng Hong.TRANSCRIPT
1
CONTENT
HISTORY ............................................................................................................ 2
TIMELINE .......................................................................................................... 2
VISION ............................................................................................................... 3
TRAVEL BAG COLLECTION................................................................. 4
COMPITITORS ................................................................................................ 10
SWOT ................................................................................................................ 14
SEGMENTATION .......................................................................................... 15
MARKETING STRATEGIES ......................................................................... 17
DISTRIBUTIONS ............................................................................................ 20
BUDGET AND PRICING .............................................................................. 21
2
HISTORY
FOUNDED IN 1966
LEATHER GOODS HOUSE IN VENEZIA REGION
FAMOUSE THROUGH ITS SIGNATURE
“INTRECCIATO”
INTRECCIATO
A UNIQUE LEATHER WEAVING TECHNIQUE
AS A WAY TO STRENGTHEN
THE SOFT, DELICATE LEATHER
TO ACHIEVE PRODUCTS THAT ARE NOT ONLY OF THE UTMOST QUALITY
MATERIALS
BUT ALSO LONG LASTING.
TIMELINE
1966
FOUNDED
1970
“WHEN YOUR OWN INITIALS ARE ENOUGH”
1980
FAMOUS OF INTERNATIONAL JET SET
1990
UNDERSTATED ETHOS BRAND VENTURED INTO MORE FASHION-DRIVEN
TERRITORY
2001
ACQUIRED BY GUCCI GROUP
TOMAS MAIER WAS COMING ON BOARD
3
VISION
“WHEN YOUR OWN INITIALS ARE ENOUGH”
CONFIDENCE
INDIVIDUALITY
VALUE
UNDERSTATED LUXURY
PERSONALISED SERVICE
DISTINCTIVE LOCAL CHARACTER
MISSION
REINFORCE ITS POSITIONING AS A LIFESTYLE BRAND
STRATEGIES
OPENING TO WORLDWIDE
ENLARGE ITS STORE BASE AT A SIMILAR PACE TO 2012 WITH A FOCUS NOT
ONLY ON EMERGING MARKETS,
BUT ALSO EUROPE, THE US AND JAPAN
AS IT AIMS TO REINFORCE ITS OVERALL BRAND AWARENESS AND REGION
BALANCE
E-COMMERCE WILL ALSO BE STRENGTHENED, WITH BOTTEGA VENETA JOINING
THE NEW JOINT VENTURE PLATFORM
CREATED BY PPR AND YOOX
4
TRAVEL BAG COLLECTION
“LA CASA VIVENTE”
VISION
““ MILLE DESTINAZIONI, UNA CASA NELLA TUA VALIGIA”
LIFESTYLE IS NOT ONLY IN HOUSE BUT ALSO OUTSIDE
WHEREVER YOU GO, HOME IS WITH YOU
MISSION
STRENGTHEN UNDERSTATED LIFESTYLE BRAND EMOTION
STRATEGIES
REFINE THE POSITION AS A LIFESTYLE BRAND IN LEATHER GOODS MARKET
BY EMPHASISING THE FEELING OF BELONGING
5
ARCHETYPE
THE CREATIVE
(THE ORIGINAL PATTERN – INTERCCIATO)
THE RULER
(THE ICON OF QUIET LUXURY LIFESTYLE)
THE EXPLORER
(EXPAND THE LIFESTYLE BRAND TO OUTSIDE OF HOUSE)
METAPHORS
TRIP
(EXPLORING THE UNKNOWN, LOST AND LONELINESS)
CONTAINER
(FEELING OF BELONGING, CONFIDENCE, SELF-PROTECTION)
INNOVATION FOMULA
TRADITIONALITY
(INTERCCIATION, EXTRAORDINARY)
FUNCTIONALITY
(BATTERY, CONVENIENCE)
TECHNO
(HIGH-TECHNOLOGY)
6
7
8
9
POSITION MAP
10
COMPITITORS
PRADA
SALVATORE FERRAGAMO
GUCCI
LOUIS VUITTON
HERMES
BALLY
PORSCHE DESIGN
ITALY
FOUNDED IN 1913
TRENDY, LUXURY AND STYLISH
INNOVATION GOES TO BE CLASSIC AND ELEGANCE
USAGE OF ART
NYLON BAG SLEEK LINED AND CRAFTED EXUDES AN AURA OF ITS SIGNATURE
11
ITALY
FOUNDED IN 1929
TRANSCENDED CONCEPTION
GOOD REPUTATION IN EUROPE AND ASIA
CRAFTSMANSHIP, QUALITY AND DESIGN WITH TAG
“MADE IN ITALY”
CELEBRITY ENDORSEMENTS
ICONIC PRODUCT
FRANCE
FOUNDED IN 1837
A HARNESS WORKSHOP SERVED EUROPEAN NOBLEMEN
HISTORIC AND TECHNIQUE
HIGH-END MATERIAL
CRAFTSMANSHIP AND BESPOKE SERVICE
BIRKIN BAG
KELLY BAG
12
SWITZERLAND
FOUNDED IN 1851
SWISS HERITAGE AND CRAFTSMANSHIP
TRANSFERRED FROM SPORTY TO TIMELESS AND ELEGANT
LEATHER IS THE HEART OF PRODUCT
BALANCE BETWEEN VINTAGE AND SPORTY ELEGANCE
GERMANY
ESTABLISHED IN 1972
THE FOUNDER, PRO. FERDINAND ALEXANDER PORSCHE
DESIGNER OF THE PORSCHE 911
PORSCHE SELECTION WAS THE ACCESSORIES MADE BY THE SPORTS CAR
MANUFACTURER PORSCHE
THE DESIGN IS DISTINGUISHED BY
CLARITY AND FUNCTIONALITY OF FORM
CAREFUL SELECTION OF MATERIALS
HIGH-QUALITY WORKMANSHIP
COMBINATION OF TRADITIONAL CRAFTSMANSHIP
WITH
STATE-OF-THE-ART TECHNOLOGY
13
ITALY
FOUNDED IN 1921
REOWNED REPUTATION FOR QUALITY
AS A FASHION LEADER
ITALIAN CRAFTSMANSHIP
PERFECT BALANCED FLORENTINE AND ITALIAN HERITAGE
FRANCE
FOUNDED IN 1854
HISTORIC TRUNK BRAND
CRAFTSMANSHIP
HIGH-END IMAGE
GLOBALISED BRAND
“THE SPIRIT OF TRAVEL”
14
ITALY
SWOT
STRENGTHS
UNIQUENESS IDEOLOGY SPEAKING LANGUAGE
GOOD REPUTATION
WELL-ESTABLISHED CUSTOMER BASE
MATURE BUSINESS MODEL
“INTRECCIATO”
WEAKNESS
MONOCHROMATIC MANAGEMENT STRATEGIES
DIVERSIFICATION: INVENTORY STOCK RISK
OVER DEPENDED ON “INTRECCIATO”
OPPORTUNITIES
FUNCTION-DRIVEN
PRODUCT EXTENSION
BRAND ACCESSIBILITY
CULTURE ORIENTED MARKET PENETRATION
THREATS
EFFICIENCY IN SUPPLY CHAIN (EXOTIC LEATHER)
IMMITGABLE PRODUCT
DEBATABLE LEGAL
PATENTS AND DESIGN ABUSED
15
SEGMENTATION
DEMOGRAPHIC
FINANCIAL STATUS
FIRST CLASS AND PRIVATE JET
SOCIAL STATUS
SENIOR BUSINESS PEOPLE
IN
THIRD (SERVICE)
FORTH (HIGH-TECHNOLOGY)
INDUSTRIES
16
GEOGRAPHIC
(BREAKDOWN OF REVENUE IN 2012)
NORTH AMERICA
EUROPE
ASIA
FLAGSHIP
STORE
DEPARTMENT
STORE
MULTIPLE
BRAND
STORE
TOTAL
CENTRAL ASIA 1 0 0 1
EAST ASIA 51 52 0 103
EAST EUROPE 7 0 0 7
EUROPE 30 5 0 35
MIDDLE EAST 11 0 0 11
NORTH
AMERICA
26 0 0 26
OCEANIA 4 0 0 4
SOUTH
AMERICA
1 0 0 1
SOUTH ASIA 15 1 0 16
TOTAL 146 58 0 204
17
MARKETING STRATEGIES
LUXURY LIFESTYLE MAGAZINE
“TARGET MAGAZINE”
A LUXURY LIFESTYLE MAGAZINE IN CHINA
THIS MAGAZINE ORGANISED EVENT FOR AWARDING ANNUALLY
CELEBRITIES
WHOSE LIFE SATISIFIED THE DEFINATION OF LUXURY LIFESTYLE
FOR EXAMPLE
“JACKIE CHAN”
EXCLUSIVE EVENT FOR VIP (PRE-LAUNCH)
THIS MAGAZINE EMPHASIS ON LUXURY TRAVEL LIFESTYLE
WITH INTRODUCTION OF DIFFERENT LUXURY TRAVEL CLUBS
AROUND THE WORLD
THE MAGAZINE IS FREE ISSUING DIRECTELY TO THEIR CLIENTS
PEOPLE WITH
AND
FIVE STARS HOTELS, AIRLINE FIRST CLASS
“GLOBAL VISION, LUXURY LIFESTYLE”
18
“INVITATION ONLY”
A SMALL WORLD
THE WORLD’S LEADING PRIVATE ONLINE COMMUNITY
CAPTURES AN EXISTING INTERNATIONAL NETWORK OF PEOPLE
WHO CONNECTED BY THREE DEGREES OF SEPARATION
MEMBERSHIP TO ASMALLWORLD IS BY INVITATION ONLY
WHICH IS PART OF WHAT MAKES THIS NETWORK UNIQUE
CONNECTIONS, AUTHENTIC, TRUSTED
AND
LOYAL ASW MEMEBERS WHO MEET CERTAIN CRITERIA HAVE THE PRIVILEGE OF
INVITING A LIMITED NUMBER OF THEIR FRIENDS TO THE NETWORK
ROYAL HONG KONG YACHT CLUB
VISION
TO BE A PRMIER INTERNATIONAL YACHTING AND ROWING CLUB OF WHICH
MEMBERS CAN BE PROUND
19
GALLERIES & AUCTION
28th FéVRIER
SINGAPORE
THE ART COMMUNE ALSO HAD ORGANISED AN EVENT FOR
VERTU, THE LUXURY MOBILE BRAND
NEW YOUR-STYLE GALLERY SEEKS TO PROVIDE
EXACT FUNCTIONALITY
EVOLVING INTO AN ENTIRELY DIFFERENT SPACE IN FIVE MINUTES OR LESS
“GIVE US FIVE MINUTES AND WE’LL GIVE YOU THE WORLD”
GALLERY AND ACTION EXHIBITION
ARTISTIC VENUES OF ARTISTIC BRAND
PERFECT FOR SHOWING THE TEASTE OF BRAND EMOTION
20
DISTRIBUTIONS
FLAGSHIP STORE
IN TERMS OF ENHANCING THE PRESTIGE OF OUR COLLECTION
ONLY AVAILABLE IN SELECTIVE FLAGSHIP STORES ALL OVER THE WORLD
BY FOLLOWING THE STRATEGY OF THE BRAND
HOTELS
ST. REGIS - FLORENCE
HAYH PARK: THE LAKE –NEW YORK
EXISTING PARTENERSHIP WITH ST. REGIS AND HAYH PARK
HOTEL IS THE PLACE ASSUMED AS “HOME”
COOPERATE WITH HOTELS ARE EASY TO CREATE OUR EMOTION
“MILLE DESTINAZIONI, UNA CASA NELLA TUA VALIGI”
POP-UP STORES
ONLY IN FIRST CLASS LOUNGE
PARTNERSHIP WITH AIRLINE
LUFTANSA AND EMERATES ETC
21
BUDGET AND PRICING
DIRECT
COST
COST PER
PIECE
MATERIAL LEATHER €
90.00
LINING €
12.00
BUCKLE €
15.00
ZIPPER €
3.00
NEOPRENE €
5.00
BATTERY €
10.00
€
135.00
LABOUR COST PER
HOUR
HOURS PER
PIECE
€
25.00
6 €
150.00
TOTAL €
285.00
MARK-UP FINAL PRIECE
WHOLESALER 4.0 € 1,140.00
RETALER 3.2 € 3,648.00