Presentation on theme: "Victorias Secret Lauren Archer Martha Burkard Ian Fraiser."— Presentation transcript:
Victorias Secret Lauren Archer Martha Burkard Ian Fraiser
The Business Started in 1977 in San Francisco by Roy Ramond, a Stanford Business Graduate student who felt embarrassed buying lingerie for his wife at the department store. Created the store as well as the mail order catalog Limited Brands owns Victorias Secret along with: Bath & Body Works, C.O. Bigelow, Henri Bendel, La Senza, and The White Barn Candle Co.
VS Marketing Extensive advertising Victorias Secret Catalog Commercials Print ads in magazines and newspapers Victorias Secret Annual Fashion show: CBS Word of mouth Famous models (Heidi Klum, Gisele Bundchen) Sales (annual and semi-annual sales) Emails for special offers and events.
Victorias Secret Direct
Victorias Secret Store There are over 1000 stores nationwide Includes an extensive selection of lingerie, bras, panties, sleepwear, hosiery, and more… Victorias Secret beauty products. Store has several VS lingerie collections; such as Pink, Very Sexy, and Body by Victoria.
Store Layout Victorias Secret store image: Colors: soft pink, to portray femininity, use of glossy black in their displays to portray a sexier image. Images of their models on the walls Displays of mannequins wearing lingerie Smells: Victorias Secret perfumes Salespeople help customers find sizes.
VS Misson Mission Statement: Limited Brands is committed to building a family of the worlds best fashion brands offering captivating customer experiences that drive long-term loyalty and deliver sustained growth for our shareholders Social Responsibility: labor practices, core values, community involvement, protecting environment I believe companies like ours should be a source for good. For us. For communities. For the world. -Les Wexner, CEO of Limited Brands
SWOT Analysis Strengths Product offering Website Catalog Marketing Opportunities Having plus size models and plus size clothing lines Increase store size to include clothing in store Designer Lingerie- higher end (i.e. La Perla) Global expansion (UK, Europe and Asia) Weaknesses Gives women a negative body image Limited selection of sizes Threats Emerging lingerie companies Department store lingerie Discounted lingerie or alternatives
Target Market The 20 year old college student, who buys the Pink line. 30 year old mom who buys Victorias Secret clothes online. Empty nester who seeks Victorias Secret to spice up her life. Men buying gifts for their significant others.