Consumer Behavior of Calvin Klein: Male and Female Market Segments
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This report analyzes the consumer behavior of Calvin Klein's male and female market segments. It discusses the products offered, language used, and celebrity endorsers. The report evaluates the findings, market segments, and marketing efforts of the company.
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Running Head: Consumer Behavior Consumer Behavior
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Consumer Behavior Table of Contents Introduction.................................................................................................................................................1 Male market segment.................................................................................................................................2 Female Market segment..............................................................................................................................3 Evaluating the Findings................................................................................................................................4 Market segment and Market target............................................................................................................5 Marketing efforts.........................................................................................................................................5 References...................................................................................................................................................7
Consumer Behavior Introduction Calvin Klein is the company that offers consumers based products for both genders (male and female). In this report, the discussion will be made on the male and female segment. In the second phase of the report, the discussion will be made on the market segments and market targets and how these sections help in marketing. Calvin Klein is known as one of the largest brands that offer quality products by taking into consideration both male and female section. The company has licenses for cosmetic jeans, sports, watches and also menswear. The products are expensive and premium in nature of the Calvin Klein. Male market segment Calvin Klein offers a variety of products by taking into consideration the male segment. In the male segment, it is seen on the website the variety of woolen and summer clothes are available. There are many styles that are offered in the male segment. By reviewing the Calvin
Consumer Behavior Klein website, it is seen that there are different categories of clothing from men's t-shirt, polo's, men jeans, shirts, pants, blazers, sweatshirts and men's outwear. The language used by the company on the website is English and description of the product is also made in the English language. Products that are offered in the male segment are available in almost every color like blue, black, and white, grey. In the male segment recently the latest endorser of Calvin Klein is Justin Bieber (Thakur & Kaur, 2015). The latest advertisement in black and white was released. Customer relationship is maintained in an effective manner. The company offers various discounts on the website. The discounts are given to induce the consumers to buy the products from the website. Calvin Klein jeans were known as one of the best sellers among youth. In the male segment, the focus is given to latest styles and trends in the market that induces customers to purchase the items. The website of Calvin Klein is unique and has a detailed description of the products that are available on the website (Solomon, 2014). (Brand Endorser of Calvin Klein in male segment) Female Market segment By giving focus on the female market segment it is seen that the company offers various products according to the trend and fashion in the market. There are a variety of styles and
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Consumer Behavior designs available in the summer and winter collection. By analyzing the website, it is seen that there are different categories of clothing like a top, watches, jeans, dresses, outwear and many other products also (Schroeder, 2017). The language used to describe the products on the website is English. The designs and styles that are available in the female segment are in every color. In the female segment recently the celebrity endorsers of Calvin Klein are Zoe Saldana who was the latest celebrity endorser for the underwear line. Kendall Jenner is also one of the Calvin Klein endorsers of Underwear lingerie. Also, Diane Kruger is also the brand endorser in the female segment. In the female segment there are many unique styles and designs offered by the company to its customers.Like latest tops, jeans, winter wear and watches are offered to the consumers. The discounts are also given on some products in the female segment, so that they get induced to buy the product.The customer relations are also maintained by giving good quality and discounts on the products available on the Calvin Klein website (Juster, 2015). (Diane Kruger, brand endorser of Calvin Klein).
Consumer Behavior Evaluating the Findings By evaluating the female and male segment it is evaluated that the website of the company offers various discounts on the male and female segment. Quality products are one of the essential elements that have given growth to the company in the market. It is seen that there are a variety of styles and designs available in both the segments and also the website is unique that attracts customers towards the products (Singh et al., 2014). The company gives focus on enhancing the customer relationships. The relation of the customers can be increased if the company offers attractive discounts on the variety of styles and design. In the male segment the latest endorser is Justin Bieber and in the female segment, the latest brand endorser is Zoe Saldana (Kontu & Vecchi, 2014). In the female segment the company offers various designer wear and also huge discounts are given on many products. Attractive images are posted by the company on the website and also on social media sites, so that the customer gets induced to purchase the products. Market segment and Market target In Calvin Klein, the company should give emphasis to urban upper-class youth and business executives. The product of the company will be preferred more by the urban upper-class youth. As the ranges of the products are high as compared to other brands, so the company should give focus to the business group people (Zentes et al., 2017). The market segmentation of the Calvin Klein should be done by taking into consideration the customers who are looking for high end best products and also the people who are brand conscious. The people who are brand conscious will prefer the products more as compared to other consumers. If the Company segment people who are fashion conscious, then it can be difficult for the organization to accomplish the goals and objectives in an effective manner (Lee et al., 2013).
Consumer Behavior Marketing efforts The two segment (Male and female segment) of the company website will assist in marketing efforts. The company has two segments by which the particular customer can be targeted in a proper way. Marketing helps to enhance the profitability and growth of the organization. By having different sections the consumer can easily identify the products and also there is section for sorting particular product or style according to the needs and wants of the consumers. If the company has a simple website to access then it will attract more customers towards the website to purchase products in an effective manner. The marketing effort can be reduced if the company offers an attractive website that induces customers to buy the products. Discounts and offers should be given by the company in the form of codes that can be applied to the website only. If proper discounts and offers will be introduced, then it can give an effective opportunity to enhance the market share in the market. The company can easily attract the target group if the website of the company is presented in a simple way to be accessed.
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Consumer Behavior References Juster, F. T. (2015).Anticipations and purchases: An analysis of consumer behavior. Princeton University Press. Kontu, H., & Vecchi, A. (2014). Why all that noise–assessing the strategic value of social media for fashion brands.Journal of Global Fashion Marketing,5(3), 235-250.
Consumer Behavior Lee, W. J., Phau, I., & Roy, R. (2013). " Bonds" or" Calvin Klein" Down-under: Consumer ethnocentric and brand country origin effects towards men's underwear.Journal of Fashion Marketing and Management,17(1), 65-84. Schroeder, J. E. (2017). Corporate branding in perspective: a typology.European Journal of Marketing,51(9/10), 1522-1529. Singh, J., P. Kalafatis, S., & Ledden, L. (2014). Consumer perceptions of cobrands: The role of brand positioning strategies.Marketing Intelligence & Planning,32(2), 145-159. Solomon, M. R. (2014).Consumer behavior: Buying, having, and being(Vol. 10). Upper Saddle River, NJ: Prentice Hall. Thakur, A., & Kaur, R. (2015). Relationship between self-concept and attitudinal brand loyalty in luxury fashion purchase: a study of selected global brands on the Indian market.Management: Journal of Contemporary Management Issues,20(2), 163-180. Zentes, J., Morschett, D., & Schramm-Klein, H. (2017). In-store Marketing. InStrategic Retail Management(pp. 327-350). Springer Fachmedien Wiesbaden.