High-end Luggage Marketing Strategy

In 2005, the luggage and bag manufacturers are tens of thousands, a total of 865 above-scale enterprises. From the regional distribution, the South and East China is the main distribution zone. Sub-provinces (municipalities / autonomous regions), it seems, the first eight provinces (municipalities / autonomous regions) in Guangdong and the Yangtze River Delta (Shanghai, Jiangsu, Zhejiang) as key areas. China’s major industrial parks bags in Guangdong Province, the Yangtze River Delta, and Hebei.
Production and export of bags in China is big country, but serious deficiencies in the embarrassing situation of the brand. Big but not strong, neither the design nor content of brand value, is a major weakness of China luggage. China’s export unit price of bags is usually only a fraction of imported bags and even a few one-tenth of China’s nearly 300 billion luggage market, most of Louis Vuitton, Gucci and top brands such as Paul, Pier Ka Dan and other foreign brands occupy the mid-authorized, according to incomplete statistics, China-made own-brand market share less than 20%, with more than 20,000 manufacturing enterprises in China, luggage, just in the industrial chain for the developed countries play a manufacturer’s role.
Bags as an unplanned consumer goods, in a few years ago and no cause for concern. Now people around the bag is not a shortage of goods. Not only in the application has been strengthened, decorative also been expanded, a variety of shops and bags have become an indispensable fashion accessories. As an important factor in fashion, bags contains a huge market opportunity, the present situation, there are several large luggage market demand points:
1, changing styles, a wide range of
2, simple style, generous
3, graceful, rich luxury
4, the demand for leisure – the popular cartoon
China bags channel model:
1, Direct mode
2, the regional agency or regional distributor model
3, the franchise mode
China luggage terminal market business model:
1, independent stores
2, shopping center store
3, exclusive department stores (Nakajima, side hall)
4, leather goods market
5, online store
6, the online trading platform
Case: notlie bags marketing strategy
1, Notlie product positioning:
Product lines: leather bags,hand bag, shoulder bags for women, wallet-based; belts, cosmetic bags, canvas bags.
Features: Elegant, sophisticated, stylish, classic, excellent quality, sophisticated technology.
Color characteristics: leading the trend in Asia, China in the international wind off
Price: DISSONNA in with similar or slightly lower than the COBO, this series of brands in the country belonging to the high-end price
The main products sold price :100-500 dollars (fashion handbags category).
Products sold times the price :50-300 (complete product category).
Products target consumer groups: the 22-45 year-old fashion demands of women, have a good career, a higher source of income, young, energetic, dynamic, free no pressure, for high quality of life of people.
2, Notlier business model selection
notlie development of the mainland China market using the separation of production and sales company system, both the company’s total sales by the notlie responsible notlie development of the domestic market, responsible for notlie of network development, dealers choice, branding, sales policy, marketing methods and a series of selection marketing activities. The national headquarters based in Shenzhen, Guangzhou or Shanghai, according to the strength of sunlight conglomerate, choose the form of sales in the country, these forms include the terminal Direct, two major forms of franchising, comprehensive development of the domestic market.
In the sales terminal choice, choose the form of high-end department store franchise based, high-level shopping center stores to highlight the form, in Beijing, Shanghai, Guangzhou, Shenzhen and other large developed cities, select high-end department stores, shopping centers or senior set up flagship stores, brand high-end display is notlie and experience, but also high-end luggage notlie occupy the mainstream of the city to develop a strong market. Selected urban centers in provinces of higher local department store to notlie counter in the form of presence. According to the residents of the cities there are differences in consumption levels, a choice for the development of point of sale terminals. Beijing, Shanghai, Guangzhou and other large cities with higher levels of consumption, should be appropriate to increase the number of point of sale terminal to Shanghai, Beijing, for example, the city should be developed at least 20 or more point of sale terminal.
3, Notlie market selection and development
Notlie development in the domestic market, can be divided into three stages,
The first stage of the Direct or franchises development in Beijing, Shanghai, Guangzhou, Shenzhen and other major urban markets;
Direct the second stage, franchises developed provinces and cities of the developed urban markets;
The third phase of development of other domestic markets (specific marketing strategy will be reflected in later chapters).
Competitive analysis
China is currently on the market in high-end handbags competitors are divided into the following three categories:
The first is the world’s leading luxury goods brands such as COACH, GUCCI, Louis vuitton, etc., their main city in the country a class of high-end department stores to open up a few outlets, such as Beijing, Shanghai, Shenzhen, currently not many outlets in the country, such as only seven in mainland China COACH, GUCCI 14 in the mainland.
The second category is the leading brand, with international brand image in the Chinese market, such as DISSONA, COBO and so on. These companies in the country to join the Direct and the combination of the rapid expansion of the domestic channel, sales distribution more, covering major domestic and municipalities, provincial capitals and other major cities.
The third category is the Volkswagen brand and products to meet consumer demand for middle and low.
For consumers, it is difficult to distinguish between these two types of enterprises. And the second business is essentially to Italy, France, the brand’s image appeared, and a more complete story of the brand and mode of transmission.

Major competitive brand analysis:
1, DISSONA
Shenzhen Jin Shun Industrial Co., Ltd. was as DISSONA general agent in China, currently DISSONA sales outlets in China’s urban centers throughout the provinces, close to upscale department stores in the country established the image of the counter, in the Miss Gao Dang Pijuxiangbao 25% market share in its possession.
Dissona main Ms. shoulder bag, hand bag, wallet and other products, the target consumer group is 25-45 years old focus on quality of life, and have the willingness and ability to improve the quality of life of women.
Dissona-store monthly sales of 30 million or more, the country in the Miss Gao Dang Pijuxiangbao 25% market share in its possession. Total sales revenue of 3 billion yuan.
2, COBO
COBO claims: “brand from Italy in the 1990s to enter the China market”, in fact, produced by the production of COBO Sun Moon Star Leather Products Co., Ltd. Shenzhen, complete, in fact, the domestic brands.
COBO currently has six outlets in Hong Kong, in Beijing, seven points of sale in Shanghai, there are 24 outlets in Shenzhen five points of sale. In China with Hong Kong, Beijing, Shanghai, Shenzhen, four offices.
Ms. COBO products hand bag, shoulder bag-based, end-fabric package price of $ 1800-3000; leather bag Terminal Price 2000-5000 yuan. Same-store sales were 25 million or more months. Excluding Hong Kong, including, COBO annual sales in the country of 1 billion yuan.
3, COACH
COACH of the excellent reputation of the United States from its original spirit and design, adhere to the tradition of making high-level leather, with exquisite craftsmanship, from natural leather lines in the cortex show a sense of quality and durability. “Within reach of the luxury boutique” concept and is confident COACH efforts to create brand image, COACH has a full range of accessory products: purses, briefcases, luggage, travel bags, wallets, jackets, gloves, scarves, watches, glasses, shoes, fashion accessories and so on.
COACH in Hong Kong, China has 12 outlets in mainland China 2 Beijing, Shanghai 3, Shenzhen 1, Xian 1, a total of seven points of sale.
According to monthly sales of 500,000 single-store basis, single-store annual sales income of 600 million, COACH big sales in China takes root in 42 million.

Market forecasts and opportunity analysis of market opportunities:
1978-2006, China’s average annual GDP growth of 9.67%, far higher than the world average of around 3.3 per cent economic growth rate. Significantly improve people’s lives, and the pursuit of high quality of life is the common goal of society as a whole, the high-end consumer goods, luxury consumer goods market demand with the economic development and rapid increase. China luggage products every year to more than 15% of the rate of growth, growth in high-end luggage products faster, which is the development of luggage to bring a good business opportunity.
Gucci, LV, Coach leather bags for women and other famous brands have entered the Chinese market for many years, and achieved a certain market opportunities. The success of these international brands, to DEGER can provide a number of successful experience will help DEGER to open the Chinese market, many in the market to avoid detours.
High-end luggage industry has some barriers to entry, brand, design level, technological level, high-end channel selection and so the entry of other companies have some barriers. As for the Sunshine Group has a solid strength and rich experience in enterprise business bags, barrier is precisely the advantage of their own development.

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It labored.

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Know What To Look For When Choosing Real Estate Agents

Whether you are planning on buying or selling a home in the near future, you can bet that this task will be much easier if you enlist the help of a realtor. These home buying professionals know what it takes to sell your home, and if you are in the market to purchase one, they often get information on hot listings before they even go public. With their expertise, business connections, and knowledge of the area that you are buying or selling, real estate agents can expedite either of these processes and most likely make it cheaper for you as well.

Just because real estate agents are the most qualified professionals to help you buy or sell a home does not mean that they are all equally competent to work with you. Not all real estate agents are the same, and neither is their knowledge of your unique situation. Because of this it is important to know what to look for when selecting a listing partner. The best way to find out if a realtor is right for you is by interviewing him. By asking a few pointed questions you can find out rather quickly whether or not he has what it takes to work with you.

When you attempt to interview a prospective realtor you should find out how many homes or units he has already sold. Also, simply ask him what he can offer you as your buying or selling broker. If the answers to these initial questions are promising, then you can begin to probe deeper. Find out what the broker would do if something went wrong. What if your home is taking longer to sell than expected? Does he have a back-up plan? What if the buyers for the home you are contracted to buy drop out at the last minute? What kind of actions will he take to make the most of situations like these? If the realtor has well-thought, specific answers for questions such as these, then you can rest assure that he has been around the block, so to speak, and you are probably in good hands with his direction.

Your prospective broker should be able to tell by your situation whether or not you will need more or less attention in your buying or selling endeavors. If, for example, you are a stressed-out home owner in trying to sell in a buyers’ market, then the realtor should be more than willing to meet with you regularly to develop strategies, host open houses, and look into non-traditional marketing methods in order to get a deal to happen. If, on the other hand, you are in buying mode, and you have previous experience buying a house, then you may not want real estate agents to be continually holding your hand throughout the entire process. Either way, your realtor should be able to tell where you fall on this spectrum and treat you accordingly. If he does not adequately read your situation, it could show a lack of experience or even poor interaction skills. Both of these possibilities should be considered major red flags.

Social Media Marketing (SMM) An Introductory Guide

Social media marketing has largely replaced the idea of more traditional marketing practices like billboards and advertisements in the yellow pages. If you have an Internet connection, youve probably already experienced at least some form of marketing via a social platform. And, if you run a business, its a smart idea to learn how you can make SMM work for you.
What Is Social Media Marketing? More likely than not, you’ve been exposed to this form of marketing already. It’s the most recent strategy employed by businesses to reach their target audiences, and it involves using websites like Facebook and Twitter (in addition to your company website) to reach new customers, actively engage existing customers, and develop an online presence. All of this can help your business grow and expand.
Why Do I Need One More Advertising Gimmick? This isnt just about advertising; its about connecting with your customers in a way thats never been possible before. Businesses are already providing fresh content through their blogs and websites that keeps customers interested and coming back for more. By then promoting that content through social media sites, customers can easily share this information with friends, essentially promoting your business for you with very little extra effort on your part.
Immediate Feedback Of course there is a risk involved as well; developing a fully public presence that allows for uncensored comments from your customer base to be posted, both positive and negative, can feel very vulnerable at first. Its important to remember that the negative feedback is happening either way, however, if its on a social media site, youll have the opportunity to address concerns immediately and change those perceptions before they expand. This kind of immediacy has never before been possible in the business relationship, and those companies who already employ such strategies are being met with resounding approval from their customer base.
Easy Promotional Tools Interacting with customers is not just about handling customer feedback. It also offers a free way to promote special offers, distribute coupon codes, or hold contests. In fact, the more regularly your social media site is used for these purposes, the more fans are likely to maintain their connection. After all, who doesnt want a deal for free once in a while?
New Ways to Reach an Audience This is the age of technology, and social media is available to users across many devices. Many people have direct access to their favorite platforms through their mobile phones, tablet computers and a host of other gadgets. As an advertiser, this gives you access to your customers regardless of where they are or the technology they use.
Marketing Vs Advertising In the age of social media, marketing is not just about advertising anymore, its about participation and interaction. This new marketing is less about finding target audiences, and more about encouraging a natural dialog within those audiences. In the end, it accomplishes three things:
Cultivates a community which revolves around your business
Builds relationships with new and existing customers
Promotes image branding and builds an Internet presence
A Final Word Tomorrow’s successful companies are those that today realize social media marketing is not a passing trend; its the new face of advertising and business. The public’s expectations have changed, and the old ways of reaching out just aren’t as effective anymore, or acceptable. The public doesn’t want to be communicated to; it wants to be communicated with. And businesses that are not willing to engage socially with customers will lose them to businesses that are engaging.