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Venus     & MAR
   Presented by: Jiajia, Noemie
                 Thibaut, Anne
                 Mathilde, Eric
Overview
• Unisex apparel store
• Mission Statement
 –   We provide quality, trendy and sophisticated
     apparel and related accessories for both men
     and women aged from 18 to 30. We offer a nice
     ambiance with a good layout for our customers.
• Type of Ownership
 –   Independent store adjusted to the local market
Objectives
• Sales Objectives
  –   Target 15% of the unisex apparel market share
  –   Gain 50% gross profit annually

• Image Objectives: 95% of our customers agree
 that:
  –   Our store delivers fashionable and sophisticated
      products
  –   High quality customer service
  –   High prices reflect special design and quality of
      goods
Our Target

• 18-30 years old
• Male / Female
• Incomes up to $70,000
• College students & employed adults
• Customers interested in Fashion
Customer Decision Making
• Usage of commercials: TV ad, Press, Fashion
  Magazines, Website…




• Store atmosphere, layout
Customer Needs

• Knowledgeable, well trained, available
  salespeople
• Store atmosphere, layout, decent sales
  floor
• Prices
Positioning

Price                                  Apparel depth

             Venus&Mars
                                                                  Venus&Mars            Macy’s
            A&F
                              Macy’s                       A&F                     JC Penny



                            JC Penny
                                                                               Target
        Wal-Mart
                                                       Wal-Mart




                          Apparel Width                                          Apparel width
Positioning
   Apparel depth


                            Venus&Mars            Macy’s

                      A&F                    JC Penny




                                         Target
                   Wal-Mart




                                          Apparel width
Attracting Customers
• Front design
• Store atmosphere, layout
• Music plaid.
• Products
• Sales force
Location
           Venus   & MAR
Census Reports
• Age Distribution by
Sex, 2000
                  Male                        Female
                               Percent                  Percent
                 Number                       Number

   Total
                 298,839        48.57%        316,462   51.43%
 Population
    15-19        19,963         3.24%         18,146    2.95%
    20-24        15,184         2.47%         14,113    2.29%
    25-29        16,022         2.60%         16,223    2.64%
Total Target
                 51,169         8.31%         48,482    7.88%
Population
Source:
http://www.censusscope.org/us/s34/c25/chart_age.html
Census Reports
• Household Income, 2000 (1999
Income)           Number
                                                   Percent of Total
                                                    Households
 Total Households              224,447                100.00%
 Less than $9,999               12,292                  5.48%
 $10,000 - $14,999              9,194                   4.10%
 $15,000 - $24,999              17,684                  7.88%
 $25,000 - $34,999              19,394                  8.64%
 $35,000 - $49,999              28,030                 12.49%
 $50,000 - $74,999              43,074                 19.19%
   Total Target
                               129,668                  57.78%
   Households
Source: http://www.censusscope.org/us/s34/c25/chart_income.html
Competition

• Apparel stores
• Accessories stores
• Well-known designers
• In and surrounding the Mall
Competitors

              • American
              Eagle
              • American
              Express
              • Zumies
              • Abercrombie
              • Guess
              • Banana
              Republic
              • Armani
              Exchange
Perceived Risks

• Functional : Quality
• Physical: Fabric allergies
• Financial: Price
• Social Risk: Social dislikes
• Psychological
• Time Risk
Store Name

•   Venus   & MAR
• Speak to everyone
• Message to convey: “we have a perfect
  understanding of men and women, and
  that knowledge can be seen through our
  clothes”
• Use two different fonts
Store Atmosphere
• Objective: Create an intimate and luxurious
  atmosphere
• Rectangular shape: Not too big, not too small
• Colors: Store is divided in 2 sides(men and
  women)
            in order to facilitate the buying
  process
  – Men side in blue and grey
  – Women side in dark plum

• Lights:
Store Atmosphere (Cont.)
• Sound: Soft background music – trendy music
• Scent:
  –   Recognizable
  –   Fresh scent: adapted to both men and women
• Temperature: Adapted to the seasons
 –     We want our customer to feel good at all time.
• Theme: VERY IMPORTANT
  –   General background
  –   Needs of specific seasonal decoration
       (for customers not to get bored)
Layout
• Outside window: Very important to catch
  customer’s eyes
  Seasonal displays with mannequins
• Two Entrances: For a better visibility
• Functional display:
  Women’s Apparel is on the left, men’s apparel is on
    the right,
  accessories are by the check-out
• Seasonal displays: To increase extra/unplanned
  purchase
Accessories                        Accessories

Layout   Fitting rooms            CHECKING            Fitting rooms



          Women’s Clothes:                       Men’s Clothes

          - Market segment                       -Market segment
          - Functional                           -Functional



                              Seasonal Display




                   Women traffic flow      Men traffic flow
                   pattern                 pattern




                     Seasonal Displays with mannequins
         ENTRANCE                                   ENTRANCE
Products

• Unisex Apparel – T-shirt, Jeans, Sweater,
  Coat, Pants, Polo for men, dress for women
• High Quality
• Product mix: deep and narrow
• Trendy and modern style
• Matching accessories – Scarf, Gloves,
  Handbag, Socks, Polish, Ear-rings, Necklace,
  Bracelet
Customer Services
• Our goal: Make our customers shop easier.
• Extensive selection:
  –   Free alteration
  –   Free shipping for online order (>$100)
  –   Coupons discount
• Knowledgeable salespeople
• Customers must never leave unhappy
Price Strategy
• High-end pricing strategy
• Demand-oriented pricing strategy
• Prestige pricing strategy
  – for high quality, fashionable clothing such as
  leather coats
• Multiple-unit pricing strategy
 – offer discounts to customers who buy in
  quantity
Promotion
• High Emphasis
• Spend 4-5% of sales on ads, 8-10% on
  personal selling and customer service
• Advertising
 – Our own website: http://www.venus&mars.com
 – Fashion magazine & our own seasonal
 magazine
 – Direct Mail with nice catalogs
 – TV advertising
 – Posters & Signs
Personal Selling
• High Emphasis
• Hire 3 female salespeople and 3 male
  salespeople
• Required tasks for salespeople to perform:
–   Greet customer
–   Listen to customers’ needs and give appropriate
    help
–   Stimulate the sales of impulse items
–   Stress “hassle-free” return policy, and complete the
    transaction
–   Constantly keep the store clean, and layout well
Sales Promotion
• A low emphasis on sales promotion
• Make our loyal customers feel prestige
• Offer special discounts for our
  membership customers
• Provide some discounts in holidays
  such as: Thanksgiving and Christmas
Ethical Policies
•   High Quality products
•   “Hassle-free” return policy
•   Moral obligation
•   Ethical obligation
•   Trustworthy
•   Fairness
•   Honesty
•   Respectfulness
Group Project - Venus&Mars

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Group Project - Venus&Mars

  • 1. Venus & MAR Presented by: Jiajia, Noemie Thibaut, Anne Mathilde, Eric
  • 2. Overview • Unisex apparel store • Mission Statement – We provide quality, trendy and sophisticated apparel and related accessories for both men and women aged from 18 to 30. We offer a nice ambiance with a good layout for our customers. • Type of Ownership – Independent store adjusted to the local market
  • 3. Objectives • Sales Objectives – Target 15% of the unisex apparel market share – Gain 50% gross profit annually • Image Objectives: 95% of our customers agree that: – Our store delivers fashionable and sophisticated products – High quality customer service – High prices reflect special design and quality of goods
  • 4. Our Target • 18-30 years old • Male / Female • Incomes up to $70,000 • College students & employed adults • Customers interested in Fashion
  • 5. Customer Decision Making • Usage of commercials: TV ad, Press, Fashion Magazines, Website… • Store atmosphere, layout
  • 6. Customer Needs • Knowledgeable, well trained, available salespeople • Store atmosphere, layout, decent sales floor • Prices
  • 7. Positioning Price Apparel depth Venus&Mars Venus&Mars Macy’s A&F Macy’s A&F JC Penny JC Penny Target Wal-Mart Wal-Mart Apparel Width Apparel width
  • 8. Positioning Apparel depth Venus&Mars Macy’s A&F JC Penny Target Wal-Mart Apparel width
  • 9. Attracting Customers • Front design • Store atmosphere, layout • Music plaid. • Products • Sales force
  • 10. Location Venus & MAR
  • 11. Census Reports • Age Distribution by Sex, 2000 Male Female Percent Percent Number Number Total 298,839 48.57% 316,462 51.43% Population 15-19 19,963 3.24% 18,146 2.95% 20-24 15,184 2.47% 14,113 2.29% 25-29 16,022 2.60% 16,223 2.64% Total Target 51,169 8.31% 48,482 7.88% Population Source: http://www.censusscope.org/us/s34/c25/chart_age.html
  • 12. Census Reports • Household Income, 2000 (1999 Income) Number Percent of Total Households Total Households 224,447 100.00% Less than $9,999 12,292 5.48% $10,000 - $14,999 9,194 4.10% $15,000 - $24,999 17,684 7.88% $25,000 - $34,999 19,394 8.64% $35,000 - $49,999 28,030 12.49% $50,000 - $74,999 43,074 19.19% Total Target 129,668 57.78% Households Source: http://www.censusscope.org/us/s34/c25/chart_income.html
  • 13. Competition • Apparel stores • Accessories stores • Well-known designers • In and surrounding the Mall
  • 14. Competitors • American Eagle • American Express • Zumies • Abercrombie • Guess • Banana Republic • Armani Exchange
  • 15. Perceived Risks • Functional : Quality • Physical: Fabric allergies • Financial: Price • Social Risk: Social dislikes • Psychological • Time Risk
  • 16. Store Name • Venus & MAR • Speak to everyone • Message to convey: “we have a perfect understanding of men and women, and that knowledge can be seen through our clothes” • Use two different fonts
  • 17. Store Atmosphere • Objective: Create an intimate and luxurious atmosphere • Rectangular shape: Not too big, not too small • Colors: Store is divided in 2 sides(men and women) in order to facilitate the buying process – Men side in blue and grey – Women side in dark plum • Lights:
  • 18. Store Atmosphere (Cont.) • Sound: Soft background music – trendy music • Scent: – Recognizable – Fresh scent: adapted to both men and women • Temperature: Adapted to the seasons – We want our customer to feel good at all time. • Theme: VERY IMPORTANT – General background – Needs of specific seasonal decoration (for customers not to get bored)
  • 19. Layout • Outside window: Very important to catch customer’s eyes Seasonal displays with mannequins • Two Entrances: For a better visibility • Functional display: Women’s Apparel is on the left, men’s apparel is on the right, accessories are by the check-out • Seasonal displays: To increase extra/unplanned purchase
  • 20. Accessories Accessories Layout Fitting rooms CHECKING Fitting rooms Women’s Clothes: Men’s Clothes - Market segment -Market segment - Functional -Functional Seasonal Display Women traffic flow Men traffic flow pattern pattern Seasonal Displays with mannequins ENTRANCE ENTRANCE
  • 21. Products • Unisex Apparel – T-shirt, Jeans, Sweater, Coat, Pants, Polo for men, dress for women • High Quality • Product mix: deep and narrow • Trendy and modern style • Matching accessories – Scarf, Gloves, Handbag, Socks, Polish, Ear-rings, Necklace, Bracelet
  • 22. Customer Services • Our goal: Make our customers shop easier. • Extensive selection: – Free alteration – Free shipping for online order (>$100) – Coupons discount • Knowledgeable salespeople • Customers must never leave unhappy
  • 23. Price Strategy • High-end pricing strategy • Demand-oriented pricing strategy • Prestige pricing strategy – for high quality, fashionable clothing such as leather coats • Multiple-unit pricing strategy – offer discounts to customers who buy in quantity
  • 24. Promotion • High Emphasis • Spend 4-5% of sales on ads, 8-10% on personal selling and customer service • Advertising – Our own website: http://www.venus&mars.com – Fashion magazine & our own seasonal magazine – Direct Mail with nice catalogs – TV advertising – Posters & Signs
  • 25.
  • 26. Personal Selling • High Emphasis • Hire 3 female salespeople and 3 male salespeople • Required tasks for salespeople to perform: – Greet customer – Listen to customers’ needs and give appropriate help – Stimulate the sales of impulse items – Stress “hassle-free” return policy, and complete the transaction – Constantly keep the store clean, and layout well
  • 27. Sales Promotion • A low emphasis on sales promotion • Make our loyal customers feel prestige • Offer special discounts for our membership customers • Provide some discounts in holidays such as: Thanksgiving and Christmas
  • 28. Ethical Policies • High Quality products • “Hassle-free” return policy • Moral obligation • Ethical obligation • Trustworthy • Fairness • Honesty • Respectfulness