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Ansoff matrix
Market development: Roberto Cavalli is sold in 50
countries in Cavalli boutiques, department stores, and online. The brand
expands every year to attract different markets.
Product development: Roberto Cavalli
updates his brand every year and builds his brand portfolio by expanding to
include other products such as perfume, accessories, handbags, time ware, and
footwear in the Roberto Cavalli and Just Cavalli lines.
Market penetration: Through strong advertisement utilizing
various forms of media, including social media, Roberto Cavalli increases his
brand visibility and value. It is through strong campaigns and marketing that
the brand's image and message reaches the target demographic successfully.
Diversification: Roberto Cavalli has a home line which
sells products for a new market and diversifies the brand. He has also expanded
his brand to the food and entertainment sector with branded restaurants, cafes,
and a club.
Looking at the Ansoff Matrix I suggest what's missing from the Cavalli brand when compared with other brands is Cavalli cosmetics which I think will be successful since Cavalli has established a strong brand image. Cavalli will attract loyal customers and other customers interested in the cosmetics industry!
Brand Architecture!
Hierarchy:
The hierarchy illustrated below (figure 1) organizes the
brand portfolio of the Cavalli brands starting with the Roberto Cavalli high
end luxury brand. Then Just Cavalli.
Both offer ready to wear garments for both women and men and has
expanded the collection to include hand bags, accessories, fragrances, time
wear, and eye wear. Roberto Cavalli Class is slightly lower in quality and
price than Just Cavalli and also offers products for men and women. Roberto
Cavalli Teen and Newborn is available for boys and girls and, although the
target demographic is younger, the lines project an identity and image that is
cohesive with the overall Roberto Cavalli brand. The Cavalli brand promotes
depth through expansion into other markets. Through diversification and strong
quality control, the Roberto Cavalli brand has maintained its popularity and
strong reputation among customers which contributes to higher demand and higher
value.
Figure 1
What makes Cavalli a strong brand?
Brand Identity:
Cavallis brand has a strong identity
illustrated in figure 2. Cavalli consumers are considered High class, confident
fun and sexy cavalli is recognized for his prints and patterns used in his
designs. In cavallis mind “excess is success” (Vogue,2014) doesn't believe in
minimalism. His designs capture
cavallli love of nature mainly animal prints and anything that captures
movement. Roberto Cavalli is known for the huge contrasting prints zebra
stripes tiger patterns leopard spots, romantic blossoms, optical and
photographic affects after the manner of contemporary artists.
“I’m
not a designer I often tell myself instead I feel I am a transformer who takes
even poor quality and using prints and colors to make it glamorous and
desirable”.(vogue,2014) Dream travel, photography wild animals zebra tiger also
sunset sea fish and forest. All his garments are created with the best and
finest quality material such as muslin, silk, velvet, jersey, fur, denim and
leather designed with many techniques such as embroidery, dyes, lighten or
darken “Cavalli garments tell of
his dreams journey and love of nature women and everything beautiful”. (vogue,2014)
Brand awareness:
is a combination of two
elements “brand recognition” and “brand recall”.(Okonkwo, 2007,p113) Recognition involves remembering the brand when looking at other similar brands.
Roberto cavalli awares people of his brand through different media such as
print in the worlds famous magazines .videos ,commercials online and on TV .Also through social media
(further elaboration p28). This way the public will be able to recognize the
brand after continuously seeing.
Consumers recall cavalli products for the reason that it is exposed to
the public in many ways the prints
and techniques are noticeable in people minds.
Brand loyalty:
“ Cavalli has achieved
brand loyalty and this is one of the main reasons that lead to his
success. Cavalli loyal customers
are mainly the celebrities who purchase from cavalli in high quantities and are
less sensitive to price which is a great advantage to cavalli. Cavalli achieved loyalty through
attaining trust and an emotional attachment to his products ”.(Okonkwo,
2007,p119) . However,
peoples relationship with the cavalli brand is changed from the products function
to the symbol and “prestige” of high status. Brand loyalty is affected by the
brands position in the market because cavalli is positioned as a high-end brand and consumers
consider it their top choice. The
factors that lead for cavalli to have loyal customers is the availability and
high awarness of the different types of promotion offered (p25-30) to make the
brand desirable and valuable in the eyes of the consumer .
Brand Equity . cavalli offers distinctive qualities as explained in
the brand identity of his unique style he creates a tangible assest and a strong relationship to his products
that people can relate to and by expanding
his product portfolio . Also creates an intangible aspect for offering services
and socializing facilities (Brand stretch p29-30). Both aspects are achieved
through brand awarness to add value to the brand.
Roberto Cavalli Objective and Purpose
Unique style is recognized worldwide
and the brand will maintain success through diversification, modernized
marketing, and continued innovation. Each year, Roberto Cavalli will continue
to expand his brand and attract new customers, while aiming to retain loyal
customers as well.
Characteristics : Characteristics
of a successful brand include having a strong leader who has a clear vision.
Cavalli had a clear objective when
he first started in 1970 and has continued with a clear vision as well. Since
he began he has expanded his brand portfolio every year to make it more
desirable, creating new designs to target other age groups and segments in the
market.
The Cavalli brand is desirable among
customers since it has a strong, recognizable image and significant celebrity
endorsements. Celebrities such as Beyonce, Shakira, and Victoria Beckham wear
Cavalli consistently on and off stage. Additionally, Cavalli is already sold in
50 places around the world, which proves how he understands the market, and
strategically plans ahead. However, Cavalli aims to further develop and enlarge
his brand's image and reputation as is evident in his expansion into new
markets.
Brand Purpose: Cavalli's
purpose is to make his image and identity recognizable to different target
groups, reaching men and women of all shapes and size by developing an
extensive brand portfolio. He aims to make the consumer feel beautiful, confident,
and fashionable while wearing his garments.
Brand Value: The purpose of the brand is what creates
value and makes it desirable among customers. The Cavalli brand creates value
through having a strong identity and maintaining a high quality.
Introduction
Cavalli is a successful, luxury brand which first appealed to consumers with its unique selling point- printed denim and leather garments created in the 1970s. Since then, Cavalli has built an empire including five distinct and varied brands.
The Cavalli brand is synonymous with luxury, exotic prints, glamour, and high quality. Cavalli is known as one of the world's most creative designers showing new prints and techniques in every collection. The Italian designer is the first to offer such a combination of styles in one collection. As a result, Cavalli is one of the most favored designers of Hollywood designing for celebrities which creates exclusivity. He designs special orders made only for celebrities to wear on the red carpet and in world tours which increases his visibility and the brand image.
Roberto Cavalli and Just Cavalli are the two main lines that focus on womens' wear. The Cavalli brands aim to appeal to women with varied styles and sizes. Cavalli is known as an innovative designer who creates garments that are both beautiful and well made. The high quality materials used and the subsequent premium pricing contribute to the consumers' perception of Cavalli as a luxury brand. Just Cavalli is a diffusion line which is more affordable and accessible to more consumers. Cavalli, as mentioned above, has also started business in new markets such as the food industry and entertainment sector.
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