...UNIQLO Marketing Research Report GBMP 509 – M1 December 2, 2013 Mike Assad Victoria Markowski Adam Mawer Cecilia Setiawan Timothy Wong Executive Summary The purpose of this study is to research, analyze and evaluate proposed pilot retail locations in the GTA for Uniqlo’s entrance into the Canadian market. Methods of analysis include quantitative secondary research using the geographic information system (GIS) SuperDemographics to examine key demographic data corresponding with Uniqlo’s primary and secondary target group. The use of qualitative formal studies including consumer traffic data from commercial shopping malls, a competitive environment analysis, as well as an online audit of websites containing relevant location information were also been employed. The research draws attention to the key demographics and psychographics of Uniqlo’s target groups as they compare with the demographic data collected from specified geographic locations within the GTA. Results of the data analyzed indicate that Uniqlo’s direct market share and target group competitors have positioned themselves in high traffic retail areas in close proximity to one another capitalizating on the traffic created in the competitive environment. These centralized shopping hubs reveal a correlation between mall patron statistics and the surrounding trade area population. Of the 7 locations examined, those closely aligned with Uniqlo’s target market group were ranked to evaluate their merits based on weighted...
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...UNIQLO Operations CONTENTS 22 UNIQLO’s Business Model 30 UNIQLO’s Business Strategy 32 UNIQLO Quality 34 UNIQLO International 36 Topics: FAST RETAILING ANNUAL REPORT 2009 21 UNIQLO Business Model One year before launch Development and procurement of materials R&D Proposals Marketing (Sales promotion) (Designers/Pattern makers) Price negotiations Designs Sales promotion plans Samples Materials manufacturer (External) Merchandising Samples Order design sample Production volume guidance Production departments Production planning Takumi Technical guidance Guidance for adjusting production Feedback Customers’ opinions and requests are fed back to merchandising, materials development, production and stores Feedback Quality control/Monitoring of production schedules Six months before launch Partner factories (External) Products arrive at warehouse Warehouse (External) Order guidance Inventory control Place orders Markdown guidance Sales begin Stores and online sales Customer Center Opinions Customers UNIQLO operates a SPA (Specialty store retailer of Private label Apparel) business, which means that its activities are fully integrated from design through production and retailing. Under its SPA business model, UNIQLO controls all stages of the supply process, from development of materials to R&D, design, production, quality control, marketing, sales and inventory adjustments. This makes it possible...
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...Uniqlo chief admits defeat on higher pricing strategy Uniqlo: * Japanese casual wear designer, manufacturer and retailer. * Created in 1949 * The brand was a men’s shop at it’s beginning and started selling unisex casual wear in 1984. * Owned by Fast Retailing Co. since 2005 * Tadashi Yanai (Fast Retailing) / Japan’s richest person * They operate in 16 countries globally including Japan with almost 1,600 stores, Canada being the latest country Uniqlo plan to enter in Fall 2016, United Kingdom and China being the first. * Name UNIQLO : Unique-Clothing -> Uniclo -> However, in 1988, during work between Hong Kong and the brand, staff in charge of registration misread the "C" as "Q", and that is how the brand name was born, changes through all Japan Strategy in Japan: Evaluation of the company’s strategy in Japan: What they did good * Uniqlo is known for Developing Products of Exceptionally High Quality * Product Development Based on Customer Feedback ex: HEATTECH products refined each year based on customer feedback * Material Procurement from Around the World high-quality materials at low costs * Also known for their good consumer services / in-store experience is over-the-top ex: All retail associates at Uniqlo stores worldwide are trained to hand your credit card and receipt back with both hands, as it is common in Japan. * Becoming Japan's Top Brand by Expanding Urban Market Share * Boost Market Share in Promising Urban...
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...…………………………………3 3.4 Specialty Store Retailer of Private Label Apparel 3.5 Procurement of Materials 3.6 Product Planning 3.7 Production 3.8 Sales 3.9 Customer Service 3.10.3 Their Basic Principle 3.10.4 Three Promises to Their Customer 3.10.5 Product Development Based on Customer Feedback 2.7 Totally Ignore Fashion 3. REFINING UNIQLO BUSINESS MODEL AND STRATEGIC……… 5 4.10 UNIQLO Brand Name 4.11 Emphasis in urban stores 4.12 Large-scale Store Business Model 4.13 Market for Women’s wear is Twice of Men’s wear 4. UNIQLO MALAYSIA …………………………………….…………… 6 5.14 The Company 5.15 Company Address 5.16 Key People 5.17 UNIQLO Malaysia’s Company Mission 5.18 UNIQLO Malaysia’s Business Strategic 5.19.6 Target Market 5.19.7 Retail Format 5.19.8.1 Product 5.19.8.2 Price 5.19.8.3 Location 5.19.8.4 Promotion and Advertising 5. CONCLUSION……………………………………..………………… 8 INTRODUCTION 1.1 Overview UNIQLO Co., Ltd – Established since 2nd September 1974, a 100% consolidated subsidiary of Fast Retailing Co., Ltd. (listed company on the first section of Tokyo Stock Exchange), is Japan’s largest apparel retail chain operator specializing in in-house designed casual clothing for men and women of all ages, capturing a 5.5% share of the ¥10.7 trillion Japanese apparel market, operating a network...
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...Strategy for UNIQLO in India | Class: Global Strategy - Optimizing your Global Footprint | Professor: Mark Roeske | Students: Hidenobu Hayakawa Nagasaka Sohta Nguyen Thanh Thi Phuong | | Waseda Summer Intensive , August 2012 | Final Report | | CONTENTS Executive Summary PART I/ UNIQLO and Apparel Industry * Overview of UNIQLO business * Apparel Industry: Value Chain & Key Success Factors PART II/ Environmental Analysis * PEST analysis for India * 5 Forces analysis for Apparel industry in India * SWOT analysis for UNIQLO’s entering into India PART III/ Strategy Formation * Entry Strategy: Entry Mode * Expansion Strategy: 3 Phases * Implementation Plan: 4P, AAA Conclusion Reference Appendix EXECUTIVE SUMMARY Japan is famous for innovation and high-tech manufacturing industries but not for fashion. However, this fact should be reconsidered since the brand UNIQLO, a true Japanese fashion brand, now can be found in the biggest cities of the world from world-class shopping malls like Ginza (Tokyo), Fifth Avenue (New York) to the streets of Shanghai and Malaysia. UNIQLO is the main brand of Fast Retailing Co., Ltd (see Appendix 1 for Corporate Profile), the largest producer in apparel retailing industry in Japan and ranks the fourth in the world (after ZARA, H&M and GAP). Mr. Tadashi...
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...SWOT and competition analysis Brand identity and position Target market Core/target consumer Product and price categories Distribution How the brand adapt from its origin to the Chinese marketing and how did the company leverage its brand equity SWOT analysis Strength 1. Strong marketing team and mature digital marketing Internet stores connect well with stores, you can change your clothes in stores no matter which way you buy it(internet or go to the store) 2. American casual style and has abundant products which is suitable for all age. 3. Humanism service such as help customer modifies the size, only UNIQLO and gap produce this service. 4. Good reputation When we talked about gap, most of Chinese always think that is a fashion brand with good quality. And simple not boring, youthful spirit not young. 5. Used to be sales leader, the company itself is still very strong An old Chinese saying is a lean camel is bigger than a horse. Though ZARA does better than Gap in sales in recent years, Gap used to be the overlord in garment industry. Financial and consumers. Weakness 1. without specific style When we talked about trendy, we will think about ZARA. When we considered of the price, we will choose H&M. What about comfortable, it must be UNIQLO. The famous product for gap is jeans. However, there are so many different jeans in different brands; gap didn’t give us a reason why I’m going to choose you 2. Long production cycle As a fast fashion brand, Gap need 10 months...
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...SWOT ANALYSIS A SWOT analysis or SWOT matrix is a structured planning method used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Some authors credit SWOT to Albert Humphrey, who led a convention at the Stanford Research Institute (now SRI International) in the 1960s and 1970s using data from Fortune 500 companies. However, Humphrey himself does not claim the creation of SWOT, so the origin remains obscure. SWOT Analysis includes:- * Strengths: Characteristics of the business or project that give it an advantage over others. * Weaknesses: Characteristics that place the business or project at a disadvantage relative to others * Opportunities: Elements that the project could exploit to its advantage * Threats: Elements in the environment that could cause trouble for the business or project Identification of SWOTs is important because they can inform later steps in planning to achieve the objective. We are doing SWOT analysis of brand ZARA. ZARA SWOT ANALYSIS | STRENGTHS | * Have about 2000+ stores located in leading cities across 88 countries * Part of one of the biggest Spanish retailers in the world * Needs just two weeks...
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...disable young people. Nowadays, youngcare try to expand their services, they decide to build sets of department for young people in different places in Australia. Thus, Youngcare need more donations, funds as well as manpower which can help them to realize their goals. On the other hand, the funds and manpower is still a big problem. How to attract consumers donate to Youngcare, is still need to do more analysis and researches. (Youngcare, 2010) 2.0 SWOT analysis 2.1 Definition of SWOT: SWOT analysis includes strengths, weaknesses, opportunities and threats. The internal factors to the organizations are the strengths and weaknesses, however, the external factors are the opportunities and threats. The internal factors the organization can control directly, on the other hand, external factors the organization cannot control directly. “The SWOT analysis provides information that is helpful in matching the firm’s resources and capabilities to the competitive environment in which it operates.” (QuickMBA, 2010) through analysis the SWOT, the companies try to enhance...
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...Integrated Learning Knowledge Denise McGill http://prezi.com/2jzdhoz6yhqo/starbucks-industry-analysis/http://www.coursework4you.co.uk/essays-and-dissertations/porter-5-forces.php http://www.scribd.com/doc/27614539/Starbucks-a-Strategic-Report-by-James-Heavey Starbuck employees are called partners http://en.oboulo.com/starbucks-corporation-58582.html http://www.authorstream.com/Presentation/bandineepradhan-1770180-starbuck-pre-bandinee/ http://www.scaa.org/ Starbucks Strategic Report (Industry Analysis) Porters Five Forces Porter’s five forces focus on factors outside of the industry which can have an effect on the competition within the company. The force within the company (microenvironment), which in turn effects how the company deals with its competitive market place. The five forces that (Porter-1980) identifies as having an impact on a company’s behaviour in a competitive market are as followed: * The threat of new entrants to the market * Bargaining power of suppliers * Bargaining power of buyers (customers) * Threat of substitute products * Competitive rivalry Starbucks have the real threat of competitive rivalry by competing with some major competitors like McDonalds, Dunkin Donuts, Costa and other small coffee shops and cafes. With competitor’s low prices and the opportunity to break into the speciality coffee market pose a real risk to Starbuck’s. Substitute products such as tea, juices, water and energy drinks pose a real...
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...Mashell Chapeyama University of the People Swot analysis for Chipinge Banana Company Swot analysis is an environmental scanning tool. It is widely used in the world of business in analyzing some factors that have a great bearing on the company’s drive to achieve its mission. With swot companies are able to identify both negative and positive factors that have a bearing on the viability of the organization. Using swot, a company can find its own weaknesses and strengths as well as the opportunities and threats that are found in the broader economy. This essay shall concentrate on identifying and evaluating the internal and external factors that affect Chipinge Banana Company. Chipinge Banana Company is a company that is devoted to the production of bananas for sale to the local and international market. It sells its bananas in Zimbabwe, as well as to countries such as Zambia and South Africa. This company has no any other businesses which it does. It is a well known company that operates in Zimbabwe. The following table shows the results of the swot analysis carried on this company. The writer has selected this company because he currently works in it and has a very good understanding of its operations. Strengths • There is a strong team spirit in management • There is good infrastructure • Clearly established administrative system • There if flat piece of land • There is high morale among employees • There are open lines of communication • Employee have good attitudes...
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...-Established position in market -Uncertainty in new Leadership under Rogers -Good brand recognition -High Expectations can be a double edged sword -High Expectations -Poor Service to Customers -Always tries new things - Entrepreneurial -Missed commitments were high prior to Rogers -Missed commitments reduced under Rogers - Inter-department distrust -New information system developed by Sales Service -Poor communication in corporation Strengths Weaknesses Opportunities Threats -Color TV emerging as a significant market -New competition Fiercely competitive -Growth of data processing industry -Prices fell sharply putting pressures on cost -Market starting to seem like a commodities market -Declining economy Corning SWOT Analysis 1968 There were a couple main external and internal problems which Corning faced at the time. Market conditions in the 60s were changing. The technology industry was becoming...
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...“What recommendations do you propose for the strategic development of the University of East Anglia in existing and new markets from now to 2018?” 12th Nov 2009 INTRODUCTION With the rapid socio-economic development and national policies tilt on education, strategic management at the university became increasingly important. Some schools use strategic management in facing the challenges and catch the opportunities brought by environmental changes to earn improvements and thus to achieve a historic leap forward. Competition exists in every field not only in similar businesses, but also in other industries that offering competing products or services (Stacey 2007). The only way to surge ahead of competitors is to have new approaches in the competition. Strategic management principles of the institution must be innovative and creative. It is important because all the organizations are trying to employ traditional methods and this can mean a closer competition level. This essay will discuss the main strategies in existing and new markets of the University of East Anglia under the current situation of UEA in the whole UK educational industry. New market space New market space is the creation or reinvention of existing products in such a way that it must appeal to the existing customers as well as a whole new group of customers. The products offered must be unique in every aspect and it should make the organization...
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...seconds) Search Results SWOT analysis of ufone - Scribd www.scribd.com › Research › Business & Economics Jan 19, 2009 – SWOT analysis of ufone - Free download or readfalse online for free. It is the SWOT analysis of Telecommunication company in Pakistan ... Ufone - SlideShare www.slideshare.net/imsbzu/ufone-7496969 SWOT ANALYSIS. Differentiation (lowest off-net call rates). Value Added Services (VAS) i.e. Ufone's Walkie talkie, call block etc. second largest cellular network ... Ufone | MBA Help shahsawar260.wordpress.com/case-studies/ufone/ mba | solved assignment | 3rd semester | Case Studies | Swot Analysis| Swot ... Ufone. Ufone GSM is a Pakistani GSM cellular service provider. It is one of six ... Swot Analysis of Ufone - Essays - Blader - Term Paper Warehouse www.termpaperwarehouse.com › Business and Management Dec 3, 2012 – Swot Analysis of Ufone. NTRODUCTION Ufone GSM is a Pakistani GSM cellular service provider. It is one of six GSM Mobile companies in ... Swot Analysis Of Ufone Free Essays 1 - 20 - StudyMode.com www.studymode.com/subjects/swot-analysis-of-ufone-page1.html 20+ items – Free Essays on Swot Analysis Of Ufone for students. Use our ... Sm Swot Analysis Swot Analysis Of The English National Opera main threat in Asia countries ... SWOT analysis of the English ... Free Swot Analysis Of Ufone - Pakistan Classifieds & Business ... www.merapakistan.com/directory/free_swot_analysis_of_ufone.html Free Swot Analysis Of Ufone Listings and...
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...Contract Planning The Acquisition Environment The acquisition environment is influenced by each organization's mission support strategy, successful customer relationships, and core principles of decision making. This lesson provides you with an opportunity to guide your actions and to research and develop a strategy so you can recognize when your efforts support the mission. In this lesson, you will cite key components of successful customer relationships and describe how your office achieves success through the key relationship criteria it exhibits and apply these key components by choosing appropriate methods of dealing with your customers in a practice scenario. This lesson will help you build a foundation for good decision making based on the core principles of power and responsibility and give an opportunity to apply the Seven-step Path to Better Decisions in a practice scenario. Mission Support Strategy The mission support strategy is a systematic plan of action that aligns the organization's activities with its mission and objectives. The Terminal Learning Objective is: Given a customer need, reinforce areas of mutual interest within an acquisition environment (requiring activity, contractor, contracting office, others). The Enabling Learning Objectives are: * Apply the factors in development of your mission support strategy. * Apply the key characteristics for successful customer relationships. * Apply the Seven-step Path to Better Decisions...
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...TABLE OF CONTENTS Introduction 1 Internal Environment 2 SWOT Analysis in the Internal Environment 2 Strengths 3 Weaknesses 4 Opportunities 4 Threats 5 Recommendation 5 Conclusion 6 References 7 Introduction SWOT is an acronym used to describe the internal Strengths and Weaknesses of the firm and the environmental Opportunities and Threats. By description, Strengths (S) and Weaknesses (W) are considered to be factors within the control of the firm. Opportunities (O) and Threats (T) are external factors over which the firm has essentially no control. It is the most prominent tool for assessing and analyzing the overall strategic position of the business and its environment. Its main purpose is to ascertain the strategies that will create a firm specific business model that will best align an organization’s resources and capabilities to the requirements of the operating environment. It is the foundation for evaluating the internal potential and limitations and the likely opportunities and threats from the external environment. It examines all positive and negative factors inside and outside the firm that will affect its success. A steady analysis of the environment in which the firm operates aids in predicting the changing trends and includes them in the decision-making process of the organization. If accurately applied, information gained through SWOT analysis can be utilized by the firm to determine its most desirable options in matching...
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