Prada Case Study

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Fixing the objective is like identifying the star. The objective decides where we want to go, what we want to achieve and what is our goal or destination.

1. To study the customer perception & awareness towards the International brands.
2. To study the international Prada brands in the Indian Markets.
3. To know the main factor which motivates customer to buy international brands?
4. To know the main source of awareness in them about the international brands.
5. To study the influence of international brands to Indian market.

Scope:

There are different national & international products present in India. The study identifies the customer & brands in the emerging Indian markets have been the focus of a number of international and national
…show more content…
Firstly, Prada is being brilliant in its division procedure – creating moderate extravagance items and in addition top of the line and, all things considered, obliging diverse buyer bunches. Also, Prada now has direct control over most of the course to showcase, including the valuing, and it has a tendency to be intensely marked down costs for extravagance products that can most harm brand value. The reputed take off of another markdown (yet originator name) brand of stores for China is not as a matter of course a risk to brand legacy, however. This demonstrates Prada is versatile, and not reluctant to change its image legacy to expand opportunity. It is not without danger, but rather the capability of a more extensive customer base is immensely alluring. Also, this division model has functioned admirably for Armani, with Armani …show more content…
Introductory exploratory examination uncovered that there were 114 universal style plan houses vieing for a worldwide business sector of around £24 billion. Further research by postal survey to contestants into the UK market, notwithstanding semi-organized meetings with European and US planners, affirmed that this business sector was light, fuelled by the advancement of dissemination lines for the mass business sector. Distinguishes four phases of business sector improvement: wholesale channels to retail establishments; the formation of prepared to-wear leaders; extensive dissemination leads; the opening of stores in commonplace urban areas. With a specific end goal to gain funding to empower this extension, more than 60 for each penny of all style originators are presently open constrained organizations. And still, after all that franchising of stages 3 and 4, dissemination line improvement, is frequently franchised to outsiders with the creator keeping up control over the item and its image picture. Between 20-30 for each penny of gross edge is spent on publicizing backing to make worldwide battles to upgrade brand picture in remote markets. Nonetheless, there is expanding strain between the craving to be selective yet getting to be included in product offering expansions and across the board conveyance which could at last weaken the

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