Font Size: a A A

Strong Brand Research H & M Created

Posted on:2015-03-24Degree:MasterType:Thesis
Country:ChinaCandidate:Z W GuFull Text:PDF
GTID:2269330428460508Subject:(professional degree in business administration)
Abstract/Summary:PDF Full Text Request
Since2008the United States financial crisis, the global production and trade have fallen sharply, Under the economic crisis, the global clothing enterprise widespread falling profits, walking on the international high-end route of "fashion" fashionenterprises have huge impact, the generation of processing as the main mode of small and medium-sized garment enterprises in export restraints, brand advantage is not obvious。 Eeginning in2009, a group of emerging in the "fast fashion" brand isoccupy the Chinese market, the also receive consumer’s welcome.“H&M” a derivedfrom a Swedish brand, with its peculiar cost leadership strategy under the circumstances of financial crisis to create a strong brand image.From H&M’s product strategy, price strategy, channel strategy and communication strategy four aspects in detail elaborated the marketing strategy when creating the brand. H&M products classification is clear, the product coverage is broad, withdifferent competitors’ product features, to adapt to the needs of different ages, different levels of customers, dedicated to " Fashion And Qulity At The Best Price”concept. On price, pay attention to customer’s perceptions of the brand, price, fashion, achieving the civilians fashion. the balance between price, quality, and fashion.H&M more than3000stores in the world, use of ICTs advanced informationcollection system and fast logistics channels, each of H&M store has a mass of new product every day. At the same time in the process of spreading use a variety of commercial and public relations activities to create a strong brand awareness, build to adapt to the global multicultural brand image.Traditional garment industry in China the lack of brand awareness, We shouldlearning experience from H&M in financial crisis,building strong brands to promotethe development of the state-owned independent brands.Of course, in the process of development there are all sorts of drawbacks, enterprises need to constantly learning and improvement, to keep a sense of crisis, otherwise, will not to advance is to go back.
Keywords/Search Tags:H&M, Fast fashion, Brand
PDF Full Text Request
Related items