FASHION BRANDING AND MARKETING
Topshop believes that creative input is the key to staying contemporary and new. It sets high goals for itself and is constantly innovating and driving editorial, gaining genuine endorsements within the press.
Its marketing mix broadly consists of authoritative advertising, gaining a word of mouth reputation for cutting edge design, constantly innovating its flagship store in Oxford Circus and sponsoring young talent.
Topshop is the single biggest supporter of young fashion talent in the UK, and its carefully selected sponsorship arrangements are an important aspect of its promotional strategy, not only helping create the next generation of style gurus, but also adding credibility and authenticity to its brand in the eyes of consumers.
As well as its title sponsorship of Graduate Fashion Week,Topshop is also the biggest supporter of London Fashion Week and the sponsorship of the prestigious New Generation Award. Known for launching the careers of 'fashion royalty', the New Generation Award has previously been won by established names including Alexander McQueen, Matthew Williamson, Clements Riberio, Antonio Berardi and Hussein Chalayan.
H&M use this channel in all of their markets, no matter if its in Asia, USA or Europe. They invest a lot of manpower and material resources in their advertisements with the aim to create a need and be the market leader. We believe that the most efficient way to promote H&M is to make an advertisement with a mix of the company culture and the Indian culture. We think that the following promotion channels will be the most effective when H&M enter the Indian market:
TV: With an advertisement on the television H&M will be able to make their product known to most of the local people.
Internet: Most of the teenager and young adults have the habit to surf on the Internet and since this probably is the most profitable segment for H&M they should have adverts on the web to be sure to reach out to the target group.
Sponsor of TV show: A good way for a company with financial capital to get attention is to be the sponsor of a popular TV show in India. That will make the audience aware of what H&M doing, and also get information about the products of H&M.
Magazines: Young people, especially girls, tend to read international fashion magazines as Vogue and Elle, and that can also be a good promotion channel for H&M. By advert in these kinds of magazines they can be sure that the right segment will see the advert.
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