chanel new product

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CHANEL Presented by: Birgit Clemence Sonia

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Branding for Luxury Products

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Page 1: Chanel New Product

CHANEL

Presented by:Birgit

ClemenceSonia

Page 2: Chanel New Product

INTRODUCTION

Page 3: Chanel New Product

CONTENTS

History

Introducing New

Product

Market

Opportunity

Materials/Designs

Target Market

4 P’s

SWOT

Competition

Recommendations

Page 4: Chanel New Product

HISTORY

Gabrielle "Coco" Chanel born on 19 August 1883

1909 a shop on the ground floor of the Balsan's apartment in Paris

Her fashion became known in 1915 throughout France for its simplicity

1921 Chanel No. 5

Page 5: Chanel New Product

1932 an exhibition of jewelry

World War II Coco Chanel retired

1955 first eau de toilette for men

Chanel died on January 10, 1971 at the age of 87

1980s more than 40 boutiques opened worldwide

1983 Lagerfeld took over as a chief designer

HISTORY

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Page 7: Chanel New Product

the limited edition chanel bike

chanel bespoke silk scarf chair

chanel segway chanel “essential” bag

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NEW PRODUCTcollars and leashesPet’s Luxury Goods

Gucci

Prada

GucciPrada

Louis Vuitton Louis Vuitton

Prada

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market opportunity

Sales of pet goods and services are growing at 6.5% a year

93% of owners buy at least one gift for their pets each year, and 55% buy four or more

Whatever is hot for people will soon be translated for pets

Page 10: Chanel New Product

materials

Diamonds

High-quality leather

Gold (18k white/pink)

Rust-resistant hardware

/ design

customized

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targetAffluent/Super-

Affluent pet owners

New Money (+Old)

Celebrities

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4 P’s

Fashion & Accessories

Fragrance & Beauty

Fine Jewelry & Watches

PRODUCT

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4 P’s PRICE

Spring/Summer 2009 Essential Handbag$1525 - $2995 Chanel Croc Biarritz

$43,150

$ 395$ 575

Skis$ 5250

$ 115 $ 4500 $ 100

$ 30

$ 45

OUR PRODUCT

Leather Collar - $ 190 to $ 350

Leash - $ 250 to $ 450

Customized Leather Collar+Diamonds

- $4000 + (depends on the order)

Page 14: Chanel New Product

4 P’s PLACE

Hong - KongNY

Las Vegas Paris

North and South America

Europe

Asia

Headquarters in Paris

over 200 boutiques in 100 countries

upscale shopping districts, department stores and malls

inside major airports

Page 15: Chanel New Product

4 P’s PROMOTION

Launching event

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SWOT

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direct COMPETITION

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COMPETITORS MAPPING

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Page 21: Chanel New Product

indirect COMPETITION

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recommendations

Attract new segment of customers by adding new products

Improve cosmetics line (develop a men’s line of facial products)

Invest in the emerging markets, open more stores

Pay more attention to the counterfeit (adopt technology to limit it)

May consider an option of joining companies (such as LVMH) for financial security

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