Tuesday, January 21, 2020
Launching The New Engineered Jeans Essay -- Business and Management St
Launching The New Engineered Jeans 2.1 Introduction The outline bellows gives an overview of the new engineered jean that Levis will be launching Product A top-end Jean in straight cut that is fits snugly and is flattering, well cut using the engineered technology Price à £90 Target Segment Fashion conscious female 18-35yrs 2.2 Objectives of the Launch ============================ * Break into Womenswear Market * Re-launch Engineered technology to emphasise fit * Make consumer aware of new product * Increase sales of engineered Jeans 2.3 The Marketing mix 2.3.1 Segment The Womenââ¬â¢s market has been the by far the strongest sector in terms of increased sales since Jeans sales began to boom in 2001 (see appendix E), this trend is expected to continue into 2007 (Mintel, 2003). After the Male orientated anti-fit campaign, now is a good time for Levis to turn their attention to the female market. The number of 15-24 year olds in Britain has already increased dramatically and is expected to grow by around 7% by 2007 (Mintel, 2003 See Appendix D). At present Leviââ¬â¢s do not have our having problems reaching the younger female customer (Foster, 03/2004). If Leviââ¬â¢s can break into this market it will generate a significant increase in sales. 2.3.2 Product In a recent poll on hanbag.com the â⬠Denim Divaâ⬠look, Jeans teamed with a sexy top and high heels, was voted the most popular by the women who voted (www.wgsn.co.uk, 10/1...
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