MARKETING MIX:
THE 4 P'S IN REGARDS TO VICTORIA'S SECRET:
THE 4 P'S IN REGARDS TO VICTORIA'S SECRET:
Product:
- Intimate apparels
- Beauty products
- Sleep wares
- Hosiery
- Vast product lines such as: Bras, Panties, Pyjamas, Swimsuits and Cosmetics
- Periodically updated: Design, Technology and Fabrics
- Other service: Home delivery with Victoria's Secret's direct services
Price:
- Higher prices that in the US
- Relatively high prices policy compared to competitors
- Bras: On average $70
- Panties: On average $11
- Prices are attainable: Great promotion and sales (two semi-annual)
- Good value pricing: Placing the products at a 'just reachable' level
- Reward card: From $10 to $500
Place:
- One new store in Paris centre
- Set up our firm in Aubervilliers: Headquarters and factory
- Delivery to store by road
- Many own stores in the US, UK and Canada 1019 stores in the US
- Web shopping centre (Victoria's Secret Direct) - purchase of VS products directly on the website with home delivery
Promotion
- TV and radio advertising based on the Victoria's Secret Angels
- Short videos in Youtube on french to tell the brand history
- Creation of fidelity cards for customers with special offers
- Integrated Marketing Communication Combined use of television and magazine ads, snail male and email campaigns, and fashion shows
- Worldwide famous fashion shows: with famous top models walking down the catwalk in fabulous lingerie and artists performing during the show, Broadcasted on television and online
References:
1. https://prezi.com/rx4ha_coaulh/untitled-prezi/
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