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Symbiosis Institute of Media & Communication  Module: New Media  Assignment: Strategic Plan for Launch of a Luxury  Brand In India Faculty Guide:  Sameer Aasht Submitted by:  Kanika Tiwari  218 Divyaraj Brahmbhatt 045 MBA | Public Relations | Batch 2010 | SIMC
Objective  accomplished  via  assignment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Brand  Profile  :  FELDO  ACCESSORIES LUXURY  BRAND    From Germany
Brand Introduction:
Brand Introduction:
Brand Introduction:
Brand Introduction: Analysis of Existing Online Strategy: 1. Feldo’s has a website which is non interactive and is potential  devoid of any customization 2. The online visibility for Feldo is minimum and there is a great  for  its visibility in online media 3. Feldo has undertaken few social media, networking websites ,channelizing the same to create new customers and making the brand more interactive is yet desired. 4. Low online visibility as compared to its counterparts  5. Very few reviews by the experts resulting in minimum product knowledge and awareness. 6. There is a corporate blog but merely for the sake of existence. Thus overall there is a below average brand visibility in the digital media which needs to be rectified in order to launch the Luxury Brand in India.
Brand Positioning: Luxury Watches & Accessories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The modern luxury brand consumer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The modern luxury brand consumer
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Target: modern luxury brand consumer On the whole, luxury brands have neglected the potential of the Internet. Luxury brand owners tend to perceive the Internet as not exclusive enough and so potentially damaging to their brands. According to research, affluent consumers are prepared to buy luxury goods online. Luxury brands could benefit in three ways from having successful sites: ability to sell to a far wider audience; offering customers the indulgence of convenience; and providing a space in which potential customers can do research and develop desire. Care must be taken to maintain brand values when developing a luxury brand Web site.
New Media Brand Strategy for FELDO ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Market  Trend for Digital shopping in Luxury Segment
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],New Media Brand Strategy for FELDO
New Media Brand Strategy for FELDO 3. Exploration FELDO  Online Communication  will Convey the heritage, authenticity and quality of the brand, it will  complement  the in-store experience that the majority of consumers  will ultimately enjoy. 4. Consideration FELDO  will emphasize on Personalized care and attention  within a luxury retail environment digitally.  Live  Chat Facility will enable real-time peer-to-peer consultation for online browsers –  direct, contextual engagement with the online experience. FELDO ‘s Website will  Recognize online visitors, offer membership and  will  remember personal information enhance individual engagement. 5. Purchase Integrating the web with retail drives  for  brand reinforcement.  Consumers  will enjoy the ambience of the retail environment – enabling them to enhance this experience, by directing consumers to their most convenient outlet further improving  brand experience, loyalty and talk ability . 6. Ownership FELDO  will offer  exclusivity through  opt-in and individual communication channels  which will  enable one-on-one, personalized brand communications with every customer. FELDO  will  advocate desire ownership that  will go  further than an arms-length relationship and creating an online ‘club’ deepens engagement still further.
[object Object],[object Object],Online Luxury  Branding Blogs: FELDO’s Blogging Strategy: The blog will  tell the brand story and talk about where the brand is going in the future. Create a balance between design and function. Resisting the temptation to go overboard with technology. Emphasizing on  making of each piece and exclusivity attached to it  Use of  own Social Networking website : Feldo will have a premium membership only offered  to selected customers where the  elite can discuss the world of luxury and Feldo will enhance their experience by offering special deals and providing exclusive excess to these members for various  on ground  luxury events  like auctions etc..  
There would appear to be three tangible benefits to FELDO  in using the Internet more fully.  First, with a limitation of  handful of outlets across the globe. This potentially excludes those customers who can’t make it to those outlets. A Web site means the expensive goods are available to anyone around the  world.  Second, the target market for luxury goods tends to be the cash-rich and time-poor, who place a high value on  convenience. As Paul Dawson, head of usability at design agency Conchango, puts it: "Given the option, who wants to walk down Bond Street in the rain when you can sit on the sofa with a glass of wine, surfing the Web?“ The Second Life Avatar for Feldo :  Feldo will venture into Second life and will emphasize on its positioning  With a blend of technology, style & exclusivity factors. To catch in its target  potential clientele. FELDO will  use the Internet as a means to disseminate information and create desire, use the Internet to find out where the shop is and what products are available.  FELDO  will initiate the  concept where consumers may want to go online to make an appointment with a personal shopper  at Feldo  Accessories  
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Social media . A few options: ,[object Object],[object Object],[object Object],Challenge Identified: “The Web eliminates the fun of shopping."Internet offers a shopping experience diametrically opposed to that offered by high-end retailers.  FELDO’s Solution: "The Web is all about being a smart shopper, saving time and money, and finding eclectic goods. Online Shopping with Feldo will be about an experience that feels exclusive.
[object Object],Offline Branding strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You

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Kanika Tiwari 218

  • 1. Symbiosis Institute of Media & Communication Module: New Media Assignment: Strategic Plan for Launch of a Luxury Brand In India Faculty Guide: Sameer Aasht Submitted by: Kanika Tiwari 218 Divyaraj Brahmbhatt 045 MBA | Public Relations | Batch 2010 | SIMC
  • 2.
  • 3. Brand Profile : FELDO ACCESSORIES LUXURY BRAND From Germany
  • 7. Brand Introduction: Analysis of Existing Online Strategy: 1. Feldo’s has a website which is non interactive and is potential devoid of any customization 2. The online visibility for Feldo is minimum and there is a great for its visibility in online media 3. Feldo has undertaken few social media, networking websites ,channelizing the same to create new customers and making the brand more interactive is yet desired. 4. Low online visibility as compared to its counterparts 5. Very few reviews by the experts resulting in minimum product knowledge and awareness. 6. There is a corporate blog but merely for the sake of existence. Thus overall there is a below average brand visibility in the digital media which needs to be rectified in order to launch the Luxury Brand in India.
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  • 15. New Media Brand Strategy for FELDO 3. Exploration FELDO Online Communication will Convey the heritage, authenticity and quality of the brand, it will complement the in-store experience that the majority of consumers will ultimately enjoy. 4. Consideration FELDO will emphasize on Personalized care and attention within a luxury retail environment digitally. Live Chat Facility will enable real-time peer-to-peer consultation for online browsers – direct, contextual engagement with the online experience. FELDO ‘s Website will Recognize online visitors, offer membership and will remember personal information enhance individual engagement. 5. Purchase Integrating the web with retail drives for brand reinforcement. Consumers will enjoy the ambience of the retail environment – enabling them to enhance this experience, by directing consumers to their most convenient outlet further improving brand experience, loyalty and talk ability . 6. Ownership FELDO will offer exclusivity through opt-in and individual communication channels which will enable one-on-one, personalized brand communications with every customer. FELDO will advocate desire ownership that will go further than an arms-length relationship and creating an online ‘club’ deepens engagement still further.
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  • 17. There would appear to be three tangible benefits to FELDO in using the Internet more fully. First, with a limitation of handful of outlets across the globe. This potentially excludes those customers who can’t make it to those outlets. A Web site means the expensive goods are available to anyone around the world. Second, the target market for luxury goods tends to be the cash-rich and time-poor, who place a high value on convenience. As Paul Dawson, head of usability at design agency Conchango, puts it: "Given the option, who wants to walk down Bond Street in the rain when you can sit on the sofa with a glass of wine, surfing the Web?“ The Second Life Avatar for Feldo : Feldo will venture into Second life and will emphasize on its positioning With a blend of technology, style & exclusivity factors. To catch in its target potential clientele. FELDO will use the Internet as a means to disseminate information and create desire, use the Internet to find out where the shop is and what products are available. FELDO will initiate the concept where consumers may want to go online to make an appointment with a personal shopper at Feldo Accessories  
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