Professional Documents
Culture Documents
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand
that making a false declaration is a form of malpractice.
Student’s signature
Grading grid
P1 P2 M1 M2 D1
Contents
I. UNIQLO Company .................................................................................................................................................................................................. 5
a. History .................................................................................................................................................................................................................... 5
b. Business Model ...................................................................................................................................................................................................... 5
II. Definition and process of marketing...................................................................................................................................................................... 6
a. Definiton of marketing ....................................................................................................................................................................................... 6
b. Marketing process ............................................................................................................................................................................................. 7
i. Defining the brand ............................................................................................................................................................................................. 7
ii. Building a customer profile ................................................................................................................................................................................ 7
iii. Developing a strategy ........................................................................................................................................................................................ 7
iv. Execute ............................................................................................................................................................................................................... 8
v. Evaluating and adjusting the strategy................................................................................................................................................................ 8
III. The role and responsibilities of the marketing function in the context of UNIQLO .......................................................................................... 8
a. UNIQLO marketing strategy ................................................................................................................................................................................... 8
i. Raising brand awareness and using the product as a marketing platform ....................................................................................................... 9
ii. Investing in experiential marketing and in-store training to deliver customer experience (CX) excellence ..................................................... 9
iii. Marketing sustainability in a fast-fashion world. For UNIQLO, LifeWear = Sustainability .............................................................................. 10
iv. Seeing e-commerce as not just a new format for doing business but also a marketing channel to boost in-store sales .............................. 10
v. Collaborations with top influencers help take the UNIQLO brand to the next level ....................................................................................... 11
IV. Marketing influences and interrelates with other functional departments in UNIQLO .................................................................................. 11
a. Research & Development (Designers/Pattern Makers)................................................................................................................................... 11
b. Merchandising ................................................................................................................................................................................................. 12
c. Development and Procurement of Materials .................................................................................................................................................. 12
References ................................................................................................................................................................................................................... 14
I. UNIQLO Company
a. History
The history of Uniqlo begins in 1949, when Ogori Shji, a Yamaguchi-based company, opened a
store in Ube, Yamaguchi, selling men's clothing under the name "Men's Shop OS." But the brand
didn't start to take off until May 1984. Under the name "Unique Clothing Warehouse," the
founder opened a unisex casual wear shop in Fukuro-machi, Naka-ku, Hiroshima. The brand was
originally intended to be registered as a shortened version of "unique clothing." However, the
brand name was created in 1988 when staff members in charge of registration misread the "C" as
a "Q" during administration work between Hong Kong and the brand. Fast Retailing adopted The
Gap's "SPA" (for specialty-store/retailer of private-label apparel) strategies in 1997, which
involved producing and selling only their own brand of clothing. In order to help the business
implement this strategy, they hired the retail brand consultancy CIA, Inc. / The Brand Architect
Group. This included consulting on products, visual merchandising and display, store design, and
a new logo created by Richard Seireeni and Sy Chen of The Brand Architect Group's Los Angeles
office. 2005 saw increased international expansion with the opening of stores in South Korea,
New York City, and Hong Kong (Tsim Sha Tsui) (Seoul). Sales reached $4 billion in 2006. By April
2007, the business had set a $10 billion global sales target and a goal of joining Limited Brands,
Gap, H&M, and Inditex as one of the top five global retailers. Furthermore, Fast Retailing
declared on September 2, 2009, that it would aim to achieve pretax operating profit of 1 trillion
yen ($12.2 billion) and annual group sales of 5 trillion yen ($61.2 billion) by 2020. This indicates
that the business's long-term objective is to surpass all other specialty retailers of private-label
clothing as the largest in the world. In order to develop a line of Heattech layerable basics,
including tank tops, leggings, underwear, and bodysuits, Uniqlo established partnerships with
some well-known designers, including Jil Sander in March 2009, Shiatzy Chen in 2010, and
Alexander Wang in October 2018 (Fashionabc, 2022).
b. Business Model
Uniqlo is able to produce such a wide range of unique products because their
business model unifies every stage of the clothing-making process, from planning and
design to production, distribution, and retail. Globally, Uniqlo's market share is growing as
it creates fundamental designs using superior natural materials and pioneers in fabric
technology to create radical new materials. Uniqlo's signature item is LifeWear. a high-
end, original piece of clothing that is cozy and aesthetically appealing to all people. As the
world transitions to a more digital environment, Uniqlo makes use of this to interact with
customers directly and swiftly translate their needs into actual products (Fashionabc,
2022).
a. Definiton of marketing
Marketing is an action taken by a company to attract customers to products or services
through a high-quality message. Marketing aims to provide value to customers and consumers
through content, with the long-term goal of proving the value of the product, helping customers
trust and be loyal to the brand, thereby increasing sales (Forsey,2021)
Figure 2: Definiton of marketing (Forsey, 2021)
b. Marketing process
i. Defining the brand
The first step in the marketing process is to identify your company's
identity. Therefore, be careful to use precise language when describing who you
are. You should also create a mission statement that outlines your company's
unique selling proposition and corporate goals (Shivani, 2021).
ii. Building a customer profile
Without knowing your customer, you can't develop a marketing strategy,
which is why creating a customer profile is so important. In order for your team to
understand what kind of customer you are referring to when you say "Joe" or
"Susan," you should ideally have a few customer profiles with their names.
A good customer profile cuts down the following general aspects about individual
customers: Age, Education level, Gender, Job title, Interests, Needs and pain
points, How they currently solve their problem (Shivani, 2021).
iii. Developing a strategy
You can create a thorough marketing strategy now that you are aware of
who you are and who your target audience is. Make sure your marketing strategy
is integrated, which means that all marketing channels, including print, social
media, video, blogs, and the like, work together to convey the same message.
Additionally, you must set marketing objectives. How many customers, for
instance, do you hope to reach through each channel? What degree of
involvement do you hope to reach? By the quarter's or year's end, how many
qualified prospects would you like? And finally, what kind of spending plan do you
have for these initiatives? Additionally, keep in mind that marketing and sales go
hand in hand, and your marketing objectives should take your sales team's
objectives into consideration (Shivani, 2021).
iv. Execute
You essentially have everything you need to make your strategy successful:
a plan, data, a product, pricing. Time to move on to the "go" button. Launch your
strategy after creating a plan for all of your advertisements, posts, and other
promotions (Shivani, 2021).
v. Evaluating and adjusting the strategy
It's time to get marketing software if you don't already have any. In order
to be as effective as possible, you'll need software that can monitor your data and
produce reports that are based on marketing analytics and that you can use to
determine which channels are most effective for you. These reports ought to let
you know which campaigns are successful with customers and which narratives fall
flat. For instance, Netflix, which began by sending DVDs to customers but now
relies almost exclusively on streaming content and even produces its own award-
winning TV shows and films, may be the company that has changed its marketing
strategy the most over the years. Your marketing plan needs to adapt as your
business does (Shivani, 2021).
fastretailing (2022) UNIQLO business model, FAST RETAILING CO., LTD. Available at:
https://www.fastretailing.com/eng/group/strategy/uniqlobusiness.html (Accessed: November 23, 2022).
Forsey, C. (2021) What is Marketing, and What’s Its Purpose?, Hubspot. Available at:
https://blog.hubspot.com/marketing/what-is-marketing (Accessed: November 28, 2022).
Lutz , A. (2012) Uniqlo’s Brilliant Strategy Is To Totally Ignore Fashion, Businessinsider. Available at:
https://www.businessinsider.com/uniqlos-success-story-2012-10 (Accessed: November 28, 2022).
Shivani (2021) 5 Steps of Marketing Process | An Introductory Guide, Invitereferrals. Available at:
https://www.invitereferrals.com/blog/marketing-process/ (Accessed: November 28, 2022).