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ON
MARKETING MANAGEMENT OF JEANS
SIGNATURE
ABSTRACT:
This paper explores the relationships among cost accounting0 systems
structure and information quality properties through an integrated framework
of cost system design and use. In our framework, cost accounting systems
structure is defined in terms of the level of detailed information existence, the
cost disaggregation according to behaviour, the scope of variances
calculation and the frequency of cost information provision. Cost information
quality expresses its perceived usefulness by the users in terms of relevance,
accuracy, timeliness, usability, compatibility with their needs, up-to-
datedness, reliability, and thoroughness for decision-making purposes. In
order to investigate the existing relationships, data was gathered from 119
leading Greek manufacturing companies via a questionnaire survey. Our
empirical findings indicate that the majority of cost accounting systems
structure characteristics exert a statistically significant positive influence on
cost information quality dimensions. Only the systems’ ability to
disaggregate costs according to behaviour and their capability to generate
customised to user specifications reports were not found to be statistically
significantly associated with information quality. We believe that our
conclusions have important implications for researchers and professionals
with respect to cost systems design as well as cost systems evaluation. The
innovation of the study lies on the development of an integrated framework
that encompasses both cost systems structure characteristics and cost
information effectiveness features.
Objective:
ACKNOWLEDGEMENT
2999
Target Group Young urban Men and women from the upper middle class
1. Pepe Jeans is present over 100 countries and employs more than
5000 employees all over the world.
2. The brand had a different view of selling jeans and was against
hanging them and even fought with the retailers to change this
fashion, which was a big hit.
3. The brand has entered the elite segment of the top four denim
producers in the world.
Weakness 2. The brand has several competitors hence high brand switching
3. LEE
Lee is an American brand of denim jeans, first produced in
1889 in Salina, Kansas. The company is owned by VF Corporation,
the
largest apparel company in the world. Its headquarters is
currently in Merriam, Kansas, just outside of Kansas City, Missouri.
The company states that they are an international retailer and
manufacturer of casual wear and work wear and that they have
more than 400 employees in the United States. In Australasia, the
brand is owned by Pacific Brands since 2007. The company was
formed in 1889 by Henry David Lee as the Lee Mercantile Company
at Salina, Kansas producing dungarees and jackets.
Tagline/ Slogan A Lee is you; A Lee Dont Lie; Own the moment
Men and Women who want to wear stylish and innovative jeans at an
Segment affordable price.
Target Group Young urban men and women from the upper middle class
1. The brand has over 100 stores all over the world and employs over
500 people in the USA.
2. The brand has been known as one of the top jeans producers all
over the world.
3. The brand is known for its innovation through out the century and
known for inventing the zipper fly jeans.
4. Lee was one of the first jeans brand to start advertising through
Strength television and has continued extensive advertising throughout.
1. The brand has not established itself in the e-commerce arena that
well in Asia where the brand has a significant market share.
2. The brand has had problems in distribution of the updated stocks in
Weakness parts of Asia and Europe.
NATURE OF THE PRODUCT
Product is an element of marketing mix representing the tangible and
intangible elements offered to the customer in order to satisfy his need.
Customers do not buy a product but rather they buy what the product does
for them ( core, expected and augmented benefits)
First, sewing factory must select the right denim fabric, make many
pair of trousers leg, then send them to the washing factory to check
the shrinkage rate.
After the denim fabric was selected, crafts factory must start to make
sample for embroidery and printing till approved, then
immediately start production.
When the jeans are sewed, desizing first by washing plant, then
crafts factory will treat the jeans by monkey wash, sand blast, winkle
treatment, etc. The crafts must be the same as customer’s
requirements.
E. Final treatment
The product starts from the range of rs. 400 for the customers
and goes till rs. 1500 depending upon the cut, variety and wash of
the denim.
BRANDING
Branding is a process of assigning a distinctive name or a symbol
to a product by which it is to be known and remembered.
The brand name has been registered and so is the tagline and
logo.. So for trademarks and branding of the jeans the above logo is
used.
The reason behind the logo is that, blue is a universal color and
very passive. Even people with color blindness can identify it and
the red implies that it runs in your genes, your blood.
The tagline jeans in your genes imply that every person can afford
and wear the jeans manufactured by our company. We would like
to make our jeans a part yourselves just as your genes.
Very frequent use of the jeans on almost all of the major occasions
including festivals, Parties, and other important Festivals and
Events.
The price of the item is different for the wholesalers and customers.
Customers commonly buy jeans in number of units but the
wholesalers buy in bulks. A bulk of jeans contains ten pieces of jeans.
The prices for wholesalers and customers are shown in the following
table for our main products for this segment.
It is basically targeted for all the income groups, so the price is less
with an incredible quality and for daily use.
This channel does not require the producer to directly search for
the customers at the same time avoids overpricing as we are a new
company and want to establish ourseleves. Using the two level or
three level would be expensive for a new company as longer the
chain more would be the price of the product to the customers.
Radio Advertising
A catchy jingle and quick tag line can enhance a radio ad's
effectiveness. Matching the station you choose with your target
demographic is key. If you want to reach adults aged 35 to 64, an
adult contemporary station is a good bet. An alternative or urban
station is good to reach youth aged 18 to 24.