Professional Documents
Culture Documents
MANGO
Introduction
Parent Company
Mango Inc.
Category
Sector
Founded In
1984
Founded By
Origin
Barcelona (Spain)
What should I wear; Fashion
for the young, urban
Tagline/ Slogan
USP
woman
Fashion from Spain
Strengths
Strong brand presence with its goal to be present in every city of the
world has seen its presence in over 100 countries with over 2000 stores.
The online campaigns have been a highlight with the online store too
being popular among buyers.
The presence of stores at prime locations has given the brand a strong
footing in terms of the overall brand equity.
The unique product line by Mango helps it differentiate from its
competitors.
Its foray into menswear too has been a success as a part of their
diversification strategy.
Has approximately 9000 employees.
Weaknesses
All the apparel is designed and sourced from
Spain which can cause serious concern when
it comes to pricing as compared to its
European counterparts.
The major revenues earned by the brand are
from apparel and not from other product line.
Controversies over designs of some products
has invited lawsuits inviting considerable
criticism from the fashion industry
Opportunities
Mango can emerging retail markets
like India and Africa which are largely
unsaturated and can instil growth and
stability for the brand.
Mango could diversify further into
many other product line in order to
further bolster the brand as the
complete lifestyle brand
Threats
Trade barriers in terms of fluctuations in terms
currency denominations can be a serious
threat to the overall sales revenues.
The highly fragmented fashion industry means
low brand loyalty and high bargaining power
for consumers due to low switching cost.
The emergence of many new designers in this
segment could pose a serious threat to the
brand
STP of MANGO
Segmentation, targeting, and
positioning together comprise a three
stage process.
(1) determine which kinds of
customers exist, then
(2) select which ones we are best off
trying to serve and, finally,
(3) implement our segmentation
Segmentation
Segmentation
Demographic
Income - High income Group, Low
income group, Mid income group
Age Group - (0 - 20 years), (20 - 40
years),
(40 - 60 years) (60 80 years and
above)
Location - rural vs. urban, East vs.
West
Gender Male, Female
Psychographics:
Personality
Lifestyle
Target
Target
Market
Market
Targeting
Urban
High-mid income group and high
income group.
Price-conscious
Age group (20 - 40 years), (40 - 60
years)
women who love fashion and want
the latest fashion trends.
Positioning
Positioning
Positioning involves implementing our targeting.
focusing on Image, Communication Campaign, PR,
Events and Celebrities to promote its brand.
Celebrities are the core of each communication
campaign.
Mango is also using events like the Mango Fashion
Awards to settle its fashion sense.
Mango also uses its blog Keep the Beat to keep in
touch with its customers
Mango is also known for their great
advertisements.
March
April
May
June
July
Events
Valentine's Day
Love
Appreciation of Life
End of fall
Anticipation of Spring
Spring
Signage: Earth Day
Summer
Vacations
Start of EOSS
Start of Monsoon
Ideas
Red, Silver Confetti
Red, maroon dresses
Signage- Sale
Vase, fake flowers
New collection
Backdrop of MANGO
Signage: March into Fashion
Accessories
White vases,
Greenery
Umbrella
Branches
Serenity
Lawn chair
Month
Events
February Valentines
Day
Ideas
Red, silver
confetti
Love
Red,
maroon
dresses
Appreciation
of Life
Vase and
flowers
Signage:
Sale
Month
Events
Ideas
March
End of Fall
New
Collection
Anticipation
of spring
Backdrop
of MANGO
Signage:
March Into
Fashion
Month
Events
Ideas
April
Spring
Accessorie
s
Earth Day
White
vases
Greenery
Month
Events
Ideas
May
Summer
Umbrella
Branches
Month
Events
Ideas
June
Vacation
Lawn chair
Serenity
Month
Events
Ideas
July
Start of end
of season
sale
Hanging
paper
boats
Start of
monsoon
Signage:
Sale
Visual Merchandising of
MANGO
Brand - Mango
Season Summer
Wear Womens
Inspiration Sun
Mood-- Beat the heat
Theme The Slice of Summer
Inspiration
Mood board
Theme board
Props used in VM
Wooden branches
Umbrellas
Mannequins
Led lights
Dresses
Cuboid
Window
2.5 ft.
3.5 ft.
3.5
ft.
2.5 ft.
8
ft.
3 ft.
12 ft
References
http://www.mango.com/oi/index.html
http://www.mango.com/oi/index.html
http://www.wharton.universia.net/index.cfm?
fa=viewfeature&id=1532&language=english
http://www.mangofashionawards.com
Image source: Google images