Giordano International, founded in Hong Kong in 1981, is now one of the world's leading international retailers of apparel and accessories for men, women and children. Giordano Middle East FZE, established in 1993, is a 100 % subsidiary of Giordano International and provides strategic, logistics, and management...
http://www.giordano-me.com/
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.
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?