Business and Marketing 12: Rebuilding the Worker Jeans Brand: A Report

Verified

Added on  2020/05/28

|15
|3516
|64
Report
AI Summary
This report provides a detailed analysis of the branding problems faced by Worker Jeans. It begins with an introduction to branding, its evolution, brand management, and the advantages of effective branding. The report then delves into the current market trends in the jeans industry, including market size, key players, and segmentation approaches. A significant portion of the report is dedicated to analyzing the specific branding issues faced by Worker Jeans, followed by recommendations to rebuild the brand. The report covers the historical evolution of branding, the components of a brand, and how consumers shape brands, along with an examination of the evolution of brand management in line with cultural and social developments. The situational awareness section reviews the market trends in the jeans industry, the size and growth of the market, and the actions taken by key industry players to retain consumers. Finally, the report provides a comprehensive analysis of the key branding issues faced by Worker Jeans and offers strategic recommendations to revitalize the brand, concluding with a summary of the findings and a list of references.
Document Page
Running head: BUSINESS AND MARKETING
BUSINESS AND MARKETING
Name of the Student
Name of the University
Author’s Note
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
1BUSINESS AND MARKETING
Table of Contents
Introduction......................................................................................................................................2
Branding Background......................................................................................................................2
Historical Evolution of branding and reshaping of current brand thinking.................................2
Advantages of effective branding................................................................................................3
Components of brand and how it is shaped by consumers..........................................................4
Evolution of brand management in line with cultural as well as social developments...............5
Situational awareness.......................................................................................................................6
Current market trends in the jeans industry.................................................................................6
Size and growth of market...........................................................................................................6
Key industry players and actions taken by them to retain consumers.........................................7
Segmentation approach used within the industry........................................................................8
Workers Jeans analysis and recommendations................................................................................9
Key branding issues faced by workers Jeans...............................................................................9
Recommendations to rebuild the Workers Jeans brand...............................................................9
Conclusion.....................................................................................................................................10
References......................................................................................................................................11
Document Page
2BUSINESS AND MARKETING
Introduction
The report focuses on the branding problems that are currently faced by Worker Jeans.
The first section highlights on the evolution of branding, brand management, advantages of
effective branding and brand components. Branding has huge significance in the organization as
it has been used as marketing strategy on the behavior of consumer (Aaker and Joachimsthaler
2012). The second section discusses about present market trends in the jeans industry that
includes market size and growth, key industry players and segmentation approach. The last
section of this report elucidates on the key branding issues faced by workers jeans and
recommendations to rebuild workers Jeans brand. This report will help the Marketing Director in
supporting the business for re-launching the Workers Jeans brand.
Branding Background
Historical Evolution of branding and reshaping of current brand thinking
The historical evolution of branding mainly comes from the perspectives of consumers,
practitioner and the scholar. These three actors play vital roles in branding evolution in the
market. In the year 1970 and 1980, the branding was firmly established and developed. Until the
year 1970, the branding field was basically related to mass communication as well as mass
production. The organizations used the brand commercials for differentiating their goods in
terms of quality as well as functionality. In addition, positioning concept is another vital
milestone that led to evolution of branding. The positioning strategy outlayed by the
organizations concentrated mainly on surrounding elements of commodities (Aaker 2012).
However, the companieschose in making external changes regarding pricing strategy, packaging
of product etc. that helped in ensuring preferred position in the mind of customers.
Document Page
3BUSINESS AND MARKETING
Choi (2014) opines that positioning has become the marketing strategy, which gained popularity
mainly among the advertising agencies. The huge development affecting modern branding has
been derived from research and its function in business. Recent brand evolution takes into
account –
Branding phenomenon
pertinent contributions done by the business actors
In the 21st century, the concept of branding expanded in account of application as well as
thinking. The current brand thinking has been reshaped on the ideas of brand equity as well as
strategy management of the brand. For the last few years, the thoughts of branding usually
evolved from reputation to the symbolic values, relationship partner and brand image. Brand
image signifies as the insight of brand in the customers mind. Over the years, the companies
developed brand image through their advertising campaigns and authenticated through direct
experience of customers.
Advantages of effective branding
The advantages of effective branding are given below:
Branding creates awareness among the consumers about the commodity or service as
without this the customers fails in recognizing the goods.
It also facilitates the entity in charging premium price for the goods. This is because best
brand commercials increase the product price than its rivals. As a result, it increases the
company’s profit margins (Lewi and Lacoeuilhe 2017).
It also aids the organization to sustain in the market for longer term and gain competitive
advantage against their competitors.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
4BUSINESS AND MARKETING
Branding increases consistency and help them in attaining good reputation in the
marketplace. In addition, consistency will also aid the company in attracting large
number of customers.
When the customers become satisfied with the brand, they like to purchase the
commodity or service. Thus, brand identity helps the firm in attaining customer’s loyalty.
This reduces the risk of the consumers in terms of choosing the right product. Hence, this
aids them in making wise decision about the selecting among the commodities.
It also increases the equity of the company as it helps them in sells the right product at
right place. Furthermore, it also facilitates the organization in reducing marketing
expenditure.
Components of brand and how it is shaped by consumers
Brand refers to the distinguishing symbol, logo, design or combination of these used for
creating image, which helps in identifying the product as well as differentiate it from rivalries
(Wheeler 2017). The legal protection provided to the brand name is also termed as trademark. A
successful brand depicts the organization message to the customers, which in turn outcomes in
brand awareness. The components of brand are illustrated below:
Brand identity- This component refers to the set of brand associations, which portrays the
implication of the brand. It helps in establishing the relationship between the customer
and brand by producing value proposition including emotional or functional benefits.
Brand character- It is associated with internal constitution and the method of perceiving it
relating to integrity and trustworthiness.
Document Page
5BUSINESS AND MARKETING
Brand personality- It signifies the set of customer’s characteristics relating to the brand. It
includes certain characteristics such as socioeconomic class, gender, age, human
personality traits etc.
Brand culture- It refers to the value system, which surrounds the brand such as the
cultural facet of the individual or the nation (Rageh Ismail and Spinelli 2012).
Brand image-It is one of the vital components to identify the brand identity in market. It
basically improves reputation in marketplace.
Brand essence- It depict some emotional elements as well as the brand value. Brand
essence must be a part of long term positioning, which does not vary with
communication.
Customers take active part to develop brands throughout lifecycle of product. Brand
satisfaction of the customer is basically a factor that impacts on the brand loyalty. In fact, the
relation between brand trust and brand loyalty is vital for the consumers in feeling confident,
which the brand might deliver the promise.
Evolution of brand management in line with cultural as well as social developments
The evolution of brand management in line with culture helps in connecting with the
people. Branding in the cross cultural context might discover vital differences in meanings of
brands that customers from various cultures attribute in same brand. The brand usage as well as
brand affection are the basic determinants of meanings of brand. A strong culture of the
company is mainly used for strengthening their brand (Kremer and Viot 2012). It also helps in
attracting best staff who shares same aim for the brand. Differentiated culture in organization
contributes to differentiated brand. Integration between brand and culture facilitates the company
in increasing their operational efficiency, quality and accuracy.
Document Page
6BUSINESS AND MARKETING
Situational awareness
Current market trends in the jeans industry
The jeans industry in market in UK is worth near about 1.4 billion pound per year as
more than 50% of the adults in this nation wear jeans. The market mainly includes wide style
range that includes- workers jeans,flared, ripped, distressed etc. Over the last few years, the total
sales in this industry increased to near about 60%. Moreover, the total sales of workers jeans in
this nation have increased but the domestic manufacturing continued to decrease. This country
produces around 8 million each year while remainder are given by overseas manufactures. Low
cost manufacturing of jeans abroad made impossible for the producers manufacturing in this
country to compete with them (Vigneron and Johnson 2017). The sales of jeans increased with
the rise in total population. In addition, increased customer confidence, disposable income
growth increased the sales volume. The sale volume was even boosted by rise in prices by
several consumers those who opt for higher quality jeans.
Some of the jeans stores in UK differentiate their product from that of supermarkets in
order to attract larger number of customers (Kapferer 2012). This industry in UK captures
mainly the youth market in which the key consumers are basically aged between 15 to 24 years.
The market for this product is segmented into three groups that includes – value, Mass and
Premium. Recent statistics reflects that the mass market for this product increased by 29 % over
the last few years. Workers jeans have become so much acceptable that both the customers wear
this for the sociable occasions. Even the stores adopted new technology, which is the sizing
system for this jeans measuring bottom size.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7BUSINESS AND MARKETING
Size and growth of market
The attitude of the consumers purchasing as well as wearing jeans has changed over the
years. Majority of the customers spends large amount of money on purchasing this jeans, which
in turn increases its price. The market of jeans in UK has expanded over the last few decades
owing to increase in its demand (Sasmitaand Mohd Suki 2015). According to the data generated
by the market research organization Euromonitor International, the jeans market in this country
that was worth of 1.9 billion pound in the year 2016 has grown to near about 20% in the year
2017. The growth in this sector has occurred mainly from two ends of market, which is the
economy end including sellers in supermarkets and higher priced labels. The proportion of
people purchasing jeans has remained stable during the last four years.
Recent statistics displays that the jeans industry in this nation in the year 2016 had been
the most popular around the globe. A total estimate of 3.06 million people in this country
purchased jeans in the year 2016. The fashion trends of jeans have improved in the industry in
faster way and hence the company might face little difficulty in manufacturing it. Meanwhile, the
customers have continued to purchase in response to the current trends in the market (Aaker
2012). Even The total number of stores increased owing to increase in demand of jeans.
Key industry players and actions taken by them to retain consumers
The key industry players that operates in the jeans industry in UK are Levi’s, Marks and
Spencer, Wrangler, Pepe, Primark, Diesel, CK jeans , Lee cooper etc. Among these players, the
long reputable brand Levi remains the leading brand in the nation. They have also maintained its
highest share in the marketplace through development of new product as well as high publicity
level. In fact, Primark has been ranked second and Marks and Spencer has been ranked third in
the industry. Diesel also has good performance in the market due to its youthful appeal as well as
Document Page
8BUSINESS AND MARKETING
innovative design (Wheeler 2017). One of the most popular jeans that were produced by these
industries players was the workers jeans. These jeans were mainly made for the workers working
in the factory.
Levi being one of the biggest players in the jeans industry adopts few strategies in order
to retain their customers. They implements differentiation strategy along with price premium.
Differentiation relates to the charging premium price, which covers additional manufacturing
cost. Apart from this, they create value to all types of consumers by offering them with the
customized jeans and hence accustomed its price based on quality as well as brand. In addition,
there are few players in the industry who tries to avoid price based competition in order to
increase brand loyalty to the consumers (Malik et al. 2013). The cost framework of some of the
players in the industry reflects that they are selling their goods via wholesale channels that were
distributed by the sellers. Few of them also strategize not to mess with their customers for getting
closer to them.
Segmentation approach used within the industry
The widely used segmentation approach within the jeans industry is geographic,
demographic and psychographic segmentation (Kapferer 2012). Another vital approach used for
identifying potential market segmentation is behavioral considerations including consumer
responses, using brands etc. Application of this segmentation bases helps the organization in
identifying potential segments of jeans brands in the UK market.
Demographic segmentation refers to segmentation of potential market based on age,
income and gender. Various age groups in the jeans industry in UK is determined by their
likeliness in wearing jeans. As needs and preferences changes with consumer’s age, the stags of
Document Page
9BUSINESS AND MARKETING
their lifecycle are vital variables in identifying segments. Another vital basis used for segmenting
the market is behavioral segmentation in which the entity targets the customers based on benefits
like comfortable, fashion, style etc. Apart from this, the organization targets potential groups
with new jeans brand based on teenagers, high end and old age customers (Lewi and Lacoeuilhe
2017). Additionally, another important segmentation basis is different usage rate of the
customers. The company segments the jeans market in term of light, heavy and medium
commodity users. In fact, the players in this industry provide special schemes as well as offer
heavy jeans users for earning higher profit.
Workers Jeansanalysis and recommendations
Key branding issues faced by workers Jeans
Some of the key branding issues faced by the workers jeans are fitting, comfortless,
detailing and finishing. Fitting as well as comfort are the most important feature of the jeans. The
stores developing this product did not focus on the detailing as well finishing of the product and
hence it led to comforting issues among the workers (Aaker and Biel 2013). The promotional
campaign for this type of jeans also led to adverse impact on this brand. Owing to these branding
issues, the sales growth of this brand decreased over the years. As a result, the financial
performance of the organization declined during the years.
Recommendations to rebuild the Workers Jeans brand
There are certain recommendations that will help the company to rebuild the workers Jeans
brand, which includes-
It is essential that the company must plan diverse strategies as well as approaches in order
to target identified customers
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
10BUSINESS AND MARKETING
The organization must position the workers jeans brand by applying differentiation
strategy. Suitable differentiation strategy will help them to appeal primary target
customers by influencing their personality (Kremerand Viot 2012).
The entity should position workers jeans based on particular attributes. It becomes easy
for the organization in attracting large number of customers.
The store must apply right advertising appeal in order to create preference, conviction
and liking about this jeans brand among the target market.
Another strategy that the organization’s management must adopt is selection of proper
communication channels. While communicating with target market, it is important that
the entity should apply both personal as well as non personal channels of communication
(Sasmita and Mohd Suki 2015).
It is suggested that the company must use advanced social media channels such as
broadcast media, network media and electronic media in order to help them rebuild the
workers Jeans brand.
Conclusion
The jeans market is one of the fascinating market as there is growth in own label items
and branding. In this industry, branding plays a critical role in the marketplace. The Aaker’s
brand equity framework identifies five components of brand equity including- brand loyalty,
perceived quality, brand awareness, brand associations and other assets. This model defines that
brand equity is the set of brand assets associated with brand. Apart from these components, this
framework also indicates the company’s branding policy. It has been seen from the above report
that, certain branding problems lowered the sales growth of Workers Jeans. However, comfort,
design and promotional issues lowered the reputation of the brand in the marketplace.
Document Page
11BUSINESS AND MARKETING
References
Aaker, D.A. and Joachimsthaler, E., 2012. Brand leadership. Simon and Schuster.
chevron_up_icon
1 out of 15
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]