Question
Target Market: specifically targets women aged 18 to 54 with high yearly salaries of $75,000 or more, indicating considerable discretionary money. To better define their
Target Market: specifically targets women aged 18 to 54 with high yearly salaries of $75,000 or more, indicating considerable discretionary money. To better define their target market, employs psychographic segmentations such as lifestyle and reasons.
Base on this please suggest this 4 factor.
Marketing strategy;
1.Mission statement:
2.Objectives:
3.Positioning and value proposition
4.Product strategy:
Please give a brief explanation and share the reference link.
Use In-text citation or just refer the reference link in the text.
Marketing strategy
Mission statement : is to represent the most refined qualities of Western "Art de Vivre" around the world
Objectives
Positioning and value proposition: a premium pricing approach to price its items since the brand's target clientele are elite and upper-middle class. Customers are willing to pay high costs since the brand and its goods make a fashion statement
Product strategy: is a premium luxury brand that sells finest products. It makes 100% pure leather products and pays utmost care to not let be the designs and make of the product easily imitable.
This is what I planned, base on this add more information as possible.
thank you.
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