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Marketing Plan
Marketing Plan
UNIQLO
Marketing
Plan
create by Group 4
GROUP 4 MEMBERS:
1 2
Nguyễn Văn Tài Vũ Thùy Linh
GBD210030 GBD210120
3 4
Trần Văn Minh Hoàng Thị Gia Hân
GBD210118 GBD210611
5 6
Ngô Phương Linh Trần Nguyễn Minh Nhung
GBD210009 GBD210207
Marketing plan
Outline
1. Executive Summary of Uniqlo
2. Uniqlo’s Situation Analysis
3. Marketing Campaign Objectives
4. Uniqlo’s Marketing Strategy
5. Marketing budget
6. Control and monitoring
Made for all
Uniqlo is a modern Japanese company
1. EXECUTIVE that inspires the world in the everyday
clothing segment.
SUMMARY
Product lines
OF UNIQLO provides fashion items for 3 main target
groups including: men, women and children.
Expertise in research and new fiber trials.
Trends
of the
Vietnamese
fashion market
Influencers with a fan base that closely
resembles their target market are frequently
chosen by brands. Present-day fashion KOLs
in Vietnam who are well-known include Chau
Bui, Decao, Son Tung MTP, ...
2.1.3
MAJOR
SEGMENTS OF
VIETNAM
FASHION
MARKET
2.1.4
Purchase behavior
factors
Sales of fashion have risen in Vietnam as a result of the e-commerce
industry's spectacular growth. Due to the sufferings of the epidemic
and the fast-paced way of life, customers' internet shopping habits
have changed. At any time, they can rapidly search for and buy
items.
2.2. A REVIEW OF UNIQLO’S COMPETITIONS
2.2.1. Differences 2.2.2. Similarities
The adjusted strategy from The Gap that Uniqlo Uniqlo, Zara, H&M, and Gap both seem to sell
used was to position its brand as private label reasonably priced clothing that adheres to great
apparel; The company creates its own clothing, and fashion standards. They do these things quickly
Uniqlo sells it only in a limited range of brick-and- and economically. The target market is created
mortar stores and on its website. The company also using psychology and demographics. All four are
uses sporting events to engage the general public. international fast fashion brands with a market in
The designs Uniqlo creates tend to be simpler and Vietnam. One thing unites them all: competitive
more practical than those sold by Zara and H&M, advantage is born of customer preferences.
and as such they appeal to a wide variety of
audiences.(
2.3. UNIQLO’S SWOT ANALYSIS
3. Marketing Campaign
Objectives
3.1 The objectives of Uniqlo
The objectives of Uniqlo is to bring value to
customers and establish closer relationships
with customers (by offering high-quality,
simple, comfortable, and style products at
medium prices that are affordable. Uniqlo's
products are always innovated and designed
to suit the needs and lifestyles of customers in
the future.)
The second goal of Uniqlo is to increase sales
through proactive customer acquisition and
improve e-commerce development which
easily communicates with customers and
converts customer desires into products.
The third: achieving the world's No. 1 retail
brand in the future.
3.2 The objectives of
marketing plan
The objectives of marketing activities will be to focus efforts on developing e-commerce, in order to increase sales, reach
maximum potential customers and increase market share.
Measurable: Relevant:
e-commerce sales to increase from
Uniqlo's goal is to focus on brand development and care about
10% to 30% in Vietnam within 5
the people who wear the product. In addition, the objective of
months from 1/1/2023 to 30/5/2023
this marketing strategy is to develop e-commerce that helps to
develop brands and easily reach customers.
Specific: Time-bound:
Achievable: 1/1/2023-30/5/2023
Developing sales on e-commerce
Viet Nam is predicted to have the Enhance e-commerce development.
platforms, establishing close and lasting
fastest rise in online retail GMV,
relationships with customers, and creating growing by 4.5 times between 2021 Customer care.
the step-by-step potential for the Uniqlo and 2026. About Uniqlo, reaching
Increase sale revenue.
brand can achieve the world's No. 1 retail over 4 million people follow om social
media and gaining more than 35,000
brand in the future.
new clients
Demographic segmentation
4.Uniqlo’s Age group: a group of people from 18 to 40
years old
Marketing
Gender: Male and Female
Earning: have a stable income
Strategy
Geographic segmentation
Cities that are densely populated,
economically developed, and convenient to
travel
4.1 Target Segment
Behavioral segmentation
A group of people who want to buy high-
quality, affordable, easy-to-carry, simple and
easy-to-match products
Psychographic segmentation
People with stable income or more They will
have a need to find products with higher
requirements than popular products.
4.1.2. EVALUATING 4.1.3. Selecting target market
MARKET SEGMENTS segments
The market segment selected by Uniqlo Vietnam is Uniqlo's market segment in Vietnam is 18 to 60 years
considered a large market segment which is a old, for both working-class, upper- and middle-class
potential market for Uniqlo to develop strongly. men and women. Mainly distributed in big cities, areas
Uniqlo's products, which are known as high-quality, with stable incomes, where there are many potential
simple, easy-to-match, and affordable products, are customers with enough purchasing power such as
suitable for the purchasing power of a large number Hanoi, Hai Phong, and HCM city. Uniqlo's products
of customers in Vietnam. Besides, Uniqlo has the are mainly aimed at customers who behaviour is
potential to increase revenue on the e-commerce looking for high-quality, simple, fashionable, and
platform because of its large number of social affordable products
network followers.
4.2. Positioning and differentiation strategy
The objective of Uniqlo, a contemporary Japanese company, is to encourage casual dressing. The company
sells clothing that is fundamental, straightforward, and lets wearers discover their unique personal styles. It
has a "made for all" positioning strategy. In general, Uniqlo is the place to go if people want to get
fashionable, high-quality clothing that is also reasonably priced
1 Product:
4.3 improving society and the planet.
MARKETING
high quality, inexpensively priced, and influenced
by the newest trends.
MIX 7PS
("Uniqlo X Once Piece Red Film")
STRATEGY 2 Price:
The initial decision to set a price for a new
product was made by Uniqlo, penetration pricing.
Rely on two of pricing way:
Psychological Pricing
Geographical pricing
4.3.3. Place:
Uniqlo created an automated personal
shopper that analyzes consumer
reactions to various outfits using
neuroscience in order to suggest new
goods based on their moods and
preferences
4.3.4. Promotion:
Uniqlo has many options for reaching its target audience, including taking part in local
events, setting up temporary shops in busy malls or other locations, writing press
releases, creating social media adverts for nearby companies, and content marketing.
4.3.5. People:
Uniqlo employees have more freedom to show their uniqueness and style than those
who work at most other clothing retailers. Teach store employees how to display,
arrange, and sell merchandise as well as how the products perform.
online:
Since then, Uniqlo has offered the best
customer care services and ways in each
process. Maybe Uniqlo will focus on services
such as delivery and online ordering service
so that customers always feel satisfied with
Uniqlo products.
Offline:
This is the usual process of a customer when
shopping at a Uniqlo store. Based on each
customer's personality, we will still change
the way we serve and maybe the customer's
process may change as well. But Uniqlo
always develops staff to best support
customers
5. Marketing budget
6. CONTROL AND
MONITORING
6.1. Measuring the Marketing Performance
Return on Revenues (ROS) measures how well a business converts sales into profits.
ROI, or return on investments, calculates the profit or loss made on an investment in relation to the capital
invested.
Number of products: 20,000 products Net marketing contribution = net sales - cost of goods sold - marketing
Floor price: 10 USD expenses
Market price: 34 USD
(20.000×34)-(20.000×10)-400.000=80.000 USD
Marketing expenses: 400,000 USD
6.2. Monitoring and performance mechanism of Uniqlo
6.2. Monitoring and performance mechanism of Uniqlo
Bài đấu thầu của Không Gian Chung