I also created a mood board on the Current Social Media/Influencer Marketing/Marketing Mix. Within the mood board I have included the 4 P's, influencers and social media. For the 4 P's i included the look of the products to show the luxury side of the brand which shows that it is quite expensive (price), the products they sell and what you can buy from the brand (product), a catalogue/magazine to promote the brand and get people involved and looking into it (promotion) and also one of the front of the shops (place). I included some of the Victoria's Secret angels in order to show the influencers, they are influencers of the brand as they are promoting the brand and the products and majority of the consumers want to look like them in the products and would aspire to be like them. Finally, I included some of their social media in the mood board by taking one of their images of the angels from their Instagram which also again, links in with the influencer aspect of this mood board.
Victoria’s Secret’s top competitors as of January 2019 are Calvin Klein, Ralph Lauren and Donna Karan New York, and all three just like Victoria’s Secret, work in the Systems Software Industry, which is a type of computer programmer that is used to run a computer’s applications. In addition, as found in some primary research that has been conducted of an Instagram Poll. There are also many other brands that are competitors of Victoria’s Secret. For example, Ann Summers, Boux Avenue, Primark and H&M. There are a large amount of competitors that consumers would lean towards rather than Victoria’s Secret because they are cheaper, better quality and have better ethics/morals and therefore customers have more respect for those brands. Even though Victoria’s Secret is a successful business, alternative brands have many features buyers worship that Victoria’s Secret do not have, resulting in a loss of sales for the company.
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