logo

Marketing Essentials: Gucci Marketing Mix, SWOT Analysis, and Marketing Plan

   

Added on  2023-01-09

12 Pages2139 Words69 Views
Marketing Essentials

Table of Contents

INTRODUCTION
Marketing is an important function which is effectively managed within the organisation to
order to expansion of sales and profit of the company. There are various importance of the
marketing role and responsibility within the company’s so that it is effectively managed that how
profits of the product and sales can be increased. Marketing mix is known as the technique which
is used for knowing what are the weaknesses and strength that the company is having (Dioko,
2016). The company considered for doing the present report is Gucci. This is a fashion brand of
Italy which was started in the year 1921.
TASK 1 (covered in ppt)
P1
P2
TASK 2
P3
Marketing factors Gucci marketing mix Chanel marketing mix
Product Gucci is known as one of the
leading brand of fashion
products and items and this
company was started in the year
1921 by Guccio Gucci. This
company has been working
since many years and it has
high profile names within the
fashion industry (Duffett,
2017). This is a multinational
brand which is having strong
international exposure and it is
working with customers by
Chanel company is a leading
fashion brand which provides
products to elite category of
customers. This company is
providing products and services
to luxury premium segment
people who can afford fashion
products. This company is
involved in targeting specially
women and it provides
fragrance products to men.
There are other product
categories within the Chanel

operating directly at stores.
Main competitors of Gucci are
Louis Vuitton, Chanel, Dior,
Prada, etc. This company
provides excellent products and
services by supplying
qualitative products. The
images and features of
products are unique and these
are of high quality. handbags
offered by this are elegant and
refined as well as the baby your
provided by this company is
also fashionable and
comfortable.
product mix which includes
ready to wear clothes for fine
jewelry watches makeup
skincare, etc.
Price The pricing policy used by
Gucci is premium pricing as the
quality of product is very high
and superior . This brand is
related with high brand value
and quality and hence there is
prestigious pricing which
makes the products of Gucci a
good symbol of status. Also,
there are customers who feel
happy and satisfied by
purchasing products of a
premium brand. This company
offers various discounts on
selected items and in case of
Chanel is known as the brand
which is providing fashion
products to the customers. The
target segment of this company
is niche and cash rich audiences
and customers. the prices of
products and services of this
company are comparatively
higher than other fashion
brands. Chanel company is
known for brand status and
hence, upper middle class
families as well as high class
families perfume products of
this company.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Marketing Mix of Gucci
|10
|1903
|36

world
|1
|346
|60

Marketing and Management
|18
|4160
|50

Marketing Fundamentals: Chanel's Marketing Mix and Communication Strategies
|11
|2760
|70

Marketing Essentials
|19
|935
|57

Marketing Essentials: A Comparison of Burberry and Gucci
|24
|2097
|65