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_THE SHAOS_
MaiDT
NgaHP
TrangNH
NgocDTT
CONTENT
• Summary
• Products, biz &
corporate strategies
• Positioning
• KSF
• Implications
1. SUMMARY
• 1 of Asia’s most successful retailers, with
operations in East Asia, Southeast Asia &
the Middle East.
• Excellent customer service, understanding
consumers’ needs and wants, stringent
selection and training of staff, short design
to production cycles, and extremely good
inventory control and turnover.
• Strong emphasis on customer service and
value-for-money  differentiate itself from
its competitors.
- Products
- Biz strategy
- Corporate strategy
PRODUCTS
• Tangible product: logo,
brand,.
• Intangible product:
service, style and
quality
• Value for money
concept
• Restricted range of
core product
2.
- Products
- Biz strategy
- Corporate strategy
- Focused differentiation strategy
+ Train and motivate the front-line staffs
+ No-question-asked return policy
- Cost focus strategy
2.
- Products
- Biz strategy
- Corporate strategy
CORPORATE STRATEGY:
Vertical integration
- Manufacturing plants in
China, Philippines >>>
allow better costs and
quality control
- Lower the power of
suppliers
2.
3. POSITIONING &
REPOSITIONING
• Product differentiation
– Value for money
– Quality merchandise at
affordable prices
• Service differentiation
– High level service for
customers
• Personnel
differentiation
– Dedicated, well-manner
and helpful staffs
Current Positioning Strategy
Repositioning or Not
Repositioning or Not
• Difficult to change
the customers’
concepts
• Easy to make
brands diluted and
weaken the
competitive
advantages
• Lose the customer
service & core
differentiation
factors
• Difficult to implicate
many different
strategies
4.
Key
Success
Factors
(KSF)
• …in design
 Systemically collect
the customers’ ideas
 Fast turnaround from
market impulse,
design,
manufacturing to
distribution to the
shops
 Difficult to copy the
implementation &
integration of the
systems on the scale
that Giordano has
done
EXCELLENCE
• …in management
of operation
 Daily sales reports
 Limited stock in shops
that are daily
restocked
 Rapid market-driven
manufacturing
 Build customer
loyalty.
 Strong competitors
with similar
positioning
 Demand for casual
clothes as increasing
incomes.
EXCELLENCE
• …in marketing and
branding
 Right positioning
 Huge advertising
budget
 Difficult to copy.
 Ensure that this
culture can be
maintained as it
expands rapidly in
existing and new
markets
EXCELLENCE
• …in service
 Service orientation is
pervasive in many of
its activities.
 Recruitment,
selection & training of
staff.
 Empowerment &
motivation of staff.
• …in good site
selection
 Good, high traffic
shopping &
convenience locations
 Other competitors
could also do the
same
EXCELLENCE
The way we manage to deliver a high
level of service
“Even the most sophisticated training program won’t
guarantee the best customer service. People are the
key. They make exceptional service possible.”
 Attract the right person by offering proper
remuneration
 Provide comprehensive training and development
 Performance evaluations conducted at store level
and individual one.
5. WHAT WE CAN LEARN FROM?
Augment the products and services
“No-question-asked” and “no-time-limit” exchange
policy
 Service theory: Unlimited try-ons, exchange – no
questions asked, serve with a smile
 Aggressive advertising and promotions: Customer-
focused campaigns and promotions
5. WHAT WE CAN LEARN FROM?
Giordano - strategy analysis and more

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Giordano - strategy analysis and more

  • 2. CONTENT • Summary • Products, biz & corporate strategies • Positioning • KSF • Implications
  • 3. 1. SUMMARY • 1 of Asia’s most successful retailers, with operations in East Asia, Southeast Asia & the Middle East. • Excellent customer service, understanding consumers’ needs and wants, stringent selection and training of staff, short design to production cycles, and extremely good inventory control and turnover. • Strong emphasis on customer service and value-for-money  differentiate itself from its competitors.
  • 4. - Products - Biz strategy - Corporate strategy PRODUCTS • Tangible product: logo, brand,. • Intangible product: service, style and quality • Value for money concept • Restricted range of core product 2.
  • 5. - Products - Biz strategy - Corporate strategy - Focused differentiation strategy + Train and motivate the front-line staffs + No-question-asked return policy - Cost focus strategy 2.
  • 6. - Products - Biz strategy - Corporate strategy CORPORATE STRATEGY: Vertical integration - Manufacturing plants in China, Philippines >>> allow better costs and quality control - Lower the power of suppliers 2.
  • 7.
  • 9. • Product differentiation – Value for money – Quality merchandise at affordable prices • Service differentiation – High level service for customers • Personnel differentiation – Dedicated, well-manner and helpful staffs Current Positioning Strategy
  • 11. Repositioning or Not • Difficult to change the customers’ concepts • Easy to make brands diluted and weaken the competitive advantages • Lose the customer service & core differentiation factors • Difficult to implicate many different strategies
  • 13. • …in design  Systemically collect the customers’ ideas  Fast turnaround from market impulse, design, manufacturing to distribution to the shops  Difficult to copy the implementation & integration of the systems on the scale that Giordano has done EXCELLENCE
  • 14. • …in management of operation  Daily sales reports  Limited stock in shops that are daily restocked  Rapid market-driven manufacturing  Build customer loyalty.  Strong competitors with similar positioning  Demand for casual clothes as increasing incomes. EXCELLENCE
  • 15. • …in marketing and branding  Right positioning  Huge advertising budget  Difficult to copy.  Ensure that this culture can be maintained as it expands rapidly in existing and new markets EXCELLENCE
  • 16. • …in service  Service orientation is pervasive in many of its activities.  Recruitment, selection & training of staff.  Empowerment & motivation of staff. • …in good site selection  Good, high traffic shopping & convenience locations  Other competitors could also do the same EXCELLENCE
  • 17. The way we manage to deliver a high level of service “Even the most sophisticated training program won’t guarantee the best customer service. People are the key. They make exceptional service possible.”  Attract the right person by offering proper remuneration  Provide comprehensive training and development  Performance evaluations conducted at store level and individual one. 5. WHAT WE CAN LEARN FROM?
  • 18. Augment the products and services “No-question-asked” and “no-time-limit” exchange policy  Service theory: Unlimited try-ons, exchange – no questions asked, serve with a smile  Aggressive advertising and promotions: Customer- focused campaigns and promotions 5. WHAT WE CAN LEARN FROM?