SlideShare a Scribd company logo
1 of 37
BRANDING IN OMNI-
CHANNEL ENVIRONMENT:
FASHION INDUSTRY OF
BANGLADESH
INTRODUCTION
 Fashion industry has transcended beyond the boundaries of physical
stores.
 Fashion retail ecosystem has been enriched with e-tailing, mobile
retailing, home shopping, catalogue retailing, etc.
 The resources the consumers use to learn about, engage with, and build
a connection to the brands they love and repeatedly buy are increasingly
fragmented.
 Interaction with brands has become nonlinear and shaped by many
interactions across several touch points. The interconnectivity between
these touch points is called omni-channel.
THE CHALLENGES BRANDS FACE
TODAY
 Omni channel marketing offers marketers and retailers a holistic approach to
reaching consumers with a more integrated message, through any channel
and at any point in their path to purchase.
 Aims to advocate consumer engagement and promote interactive brand
experience.
 Key to releasing this potential is-
1.Providing sophisticated insights.
2.Content marketing.
3.Integrated data and analytics.
4.An integrated partner ecosystem.
RATIONALE
In 2017
Population: 164 million.
Internet Users: 67 million. (4.6% increase from 2016)
Facebook user (Popular Social Media): 25 million. (19% increase from 2016)
E-commerce Industry size: 300 crore (2016)
Therefore, the scope of branding in such environment has increased
immensely. A research on such branding practices would allow us to have a
better understanding on the evolution of fashion industry and fashion products
through the technological advancement worldwide.
OBJECTIVES
 Broad objective
 The broad objective of this report is to give a holistic perspective as how fashion brands in
Bangladesh create the perfect synergy across different channels to ensure that their
branding activities remain coherent and communicative in today’s Omni channel
environment.
 Specific Objectives
Find out how fashion outlets brand themselves
 In mass media. (TV, Newspaper, Magazine, Radio).
 In social media (Facebook, YouTube, Blogs)
 Through internet. (Webpage, e-commerce sites, mail, newsletter etc.)
 Mobile platform. (Apps, SMS etc.)
 Find out the branding practices of fashion outlets across various mediums in the global landscape.
CONTRIBUTION
 To the literature of fashion industry. Specifically, literature of the fashion
industry of Bangladesh will get a timely research paper on branding of
fashion products in an Omni channel environment.
 The fashion industry as a whole, will also be a beneficiary of this report as it
will help the industry to take timely decisions in terms of branding efforts.
METHODOLOGY
 An e xplo rato ry re se arch through the investigation of fashion
retailers in all over world and then in Bangladesh.
 Qualitative data was collected through KII and co nsum e r
surve y.
 The findings were analyzed in an abductive reasoning.
SCOPE
 The main scope of the research is to give an overview of the existing
branding practices in Omni channel environment by fashion retailers
worldwide and in Bangladesh.
 For Bangladesh, the study was confined within the city of Dhaka.
 Few of the leading fashion houses in the country were covered.
LIMITATION
 As the term ‘Omni channel’ is relatively new in Bangladesh, it was difficult to
find industry expert who could share their full understanding of the issue.
 Besides there is very limited literature available exclusively on omni channel
branding in the context of Bangladesh, so the researchers had to rely mostly
on KII for the qualitative part of the study.
WHAT IS OMNI-CHANNEL?
 Omni-channel is a multichannel approach to sales that seeks
to provide the customer with a seamless and consistent
shopping experience whether the customer is shopping-
 online from a desktop or mobile device.
 by telephone (agents).
 in a bricks and mortar store.
Google defines it as
“ensuring [retailer] marketing strategies are geared toward
enabling customers to convert on any channel.”
EMERGENCE OF OMNI-CHANNEL
BRANDING: WHY AND HOW IT IS
PURSUED?
 Today's consumers expect everything to be available at their fingertips here
and now. It is clear that consumers are already approaching their experience
from multiple angles. Because of that, to reach consumers in real-time the
brands must make use of multiple channels simultaneously.
 Channel choice has become an important topic for managers and
economists due to its important role in the performance or profitability of
brands.
No technology Technology for design Technology to mergeTechnology as facilitator
PAST, PRESENT AND FUTURE
WHY ARE RETAILERS USING
OMNI CHANNELS
TO INTERACT WITH
CUSTOMERS?
customer
Consumers buy what they want,
When they want,
Wherever they want
store kiosk catalog Call center Web/E-mail mobile
EMERGENCE OF OMNI-CHANNEL
BRANDING: WHY AND HOW IT IS
PURSUED?
 Customers use multiple channels to
interact with the brand at the present
time. These channels include in store,
online, through various mobile devices,
or social media. Because of that it has
become increasingly important to
connect all of the channels together.
 By seeing a TV ad promoting deals,
using mobile devices, visiting the
favorite brand's website and looking up
wide variety of products, scanning QR
code, going to the physical store -
people expect to have the same
experience shopping in a store as they
EMERGENCE OF OMNI-CHANNEL
BRANDING: WHY AND HOW IT IS
PURSUED?
 These brands which can provide an omni-
channel experience to their shoppers, and
give them effective customer service, are
able to convert them into loyal customers.
These omni-channel directed efforts also
mean continuous technological innovation
and desired business growth for the brands.
 According to MIT’s recent report, Beyond the
Checkout Cart, 
“The o m ni-channe l co nsum e r is the
ce ntral fo rce shaping the future o f e -
co m m e rce and brick-and-m o rtar sto re s
alike . ”
OMNI CHANNEL BRANDING:
GLOBAL PRACTICES
BRANDING IN OMNI-CHANNEL
ENVIRONMENT FOR FASHION
PRODUCTS: GLOBAL PRACTICES
 Fashion industry is one of the biggest industries worldwide.
 One of the biggest challenges for the fashion brands is to deal with
information overload available to consumers. Therefore, branding is very
important.
 The brand can be associated with various characteristics such as exclusivity,
luxury, good quality and high fashion. Communicating these characteristics is
the major concern for most of the fashion brands now.
BRANDING IN OMNI-CHANNEL
ENVIRONMENT FOR FASHION
PRODUCTS: GLOBAL PRACTICES From brand fanaticism to brand
loyalty, fashion brands have the
tendency to create a strong
brand identity amongst the
minds of the consumers.
 Over the century, growth of the
industry has been astonishing in
terms of technology and
revenue. The innovations had
been rapid and growth
exponential in terms of using
omni-channel branding.
Global Omni-channel Retail Index — by country or
region (scale 1–100)
BRANDING IN OMNI-CHANNEL
ENVIRONMENT FOR FASHION
PRODUCTS: GLOBAL PRACTICES
 Branding Action.
 Differentiation through Omni-Channel
Branding.
 Customer Relationship.
 Marketing Strategies Based on
Customer Insights.
 Fashion Influencers in Branding for
the Fashion Houses.
 Content Marketing Communication in
Building Fashion Brands.
 Channel Differentiation.
BRANDING IN OMNI-CHANNEL
ENVIRONMENT FOR FASHION
PRODUCTS: GLOBAL PRACTICES
 Fashion industry has a strong affinity to branding using
different channels, and most successful brand strategies
like retailers Victoria’s Secret, Ralph Lauren, Nordstrom,
Burberry, Zara, Mark & Spencer and Luxury designer
brands like Louis Vuitton, Armani, Dior and YSL use omni-
channel branding tools.
BRANDING IN OMNI-CHANNEL
ENVIRONMENT FOR FASHION
PRODUCTS: GLOBAL PRACTICES
 The branding strategy of most fashion brands revolve around the concept of
omni-channel communication tools to target customer group and building
brand-consumer relationship from which is derived a brand personality and
Identity of each brand.
 Building engagement through online hub. The hub provides behind-the-
scenes content of the televised show. Also engagement through social
media and apps is done. (Victoria’s Secret)
 RFID tags, 3D-printed runway look and using 4K video cameras. (Burberry
and Ralph Lauren)
OMNI-CHANNEL PRACTICES IN
FASHION INDUSTRY:
BANGLADESH PERSPECTIVE
 brand presence both online and offline
 heavily dependent on multi-channel marketing
 Traditional branding practices
TVC or Radio Commercials
print media
OMNI-CHANNEL PRACTICES IN
FASHION INDUSTRY:
BANGLADESH PERSPECTIVE
 Digital marketing
Facebook Promotions
Special Post Boosting
Multi-products/ carousel ads
Shop now Ads
Google Display Network
Banner Ads
Static Banner Ads
OMNI-CHANNEL PRACTICE BY
THE LOCAL GIANT: AARONG.
OMNI-CHANNEL PRACTICES IN
FASHION INDUSTRY:
BANGLADESH PERSPECTIVE
 Special Occasions: Time for
Alternative Channels !
OMNI-CHANNEL PRACTICE BY
INT’L PLAYER: NOIR CLOTHING
BANGLADESH
 Consumer Demographic Research before
Omni-Channel Decision
 customer relationship management
 Omni-Channel Setting Based on Trends
OMNI-CHANNEL PRACTICE BY
INT’L PLAYER: NOIR CLOTHING
BANGLADESH
FINDINGS
FINDINGS
RECOMMENDATIONS
RECOMMENDATIONS
INTEGRATION – KEY TO OMNI-
CHANNEL BRANDING
Create a Seamless
Experience
Make it Easy Provide Support
Know thy
Customer
• Ordering
• Returns
• Refunds
• Call Center
• Shopping
Advice
• Customer
Service
• Needs and
preferences
• One to One
Marketing
• Synchronized &
consistent service
regardless
of channel
Shopping
Experience
RECOMMENDATIONS FOR
CREATING MORE OMNI-CHANNEL
BRANDING
SHOPPING IN THE FUTURE
 Chatbot interface engages with the
shopper in a conversation showing relevant
and personalized recommendations
 Virtual Reality
 Employee empowerment
 Face recognition
THANK YOU!!!

More Related Content

What's hot

STP of L'oreal india
STP of L'oreal india STP of L'oreal india
STP of L'oreal india Disha Thakkar
 
Marketing plan presentation
Marketing plan presentationMarketing plan presentation
Marketing plan presentationoliviallagostera
 
8Ps Of Luxury Brand Marketing
8Ps Of Luxury Brand Marketing8Ps Of Luxury Brand Marketing
8Ps Of Luxury Brand MarketingRohit Arora
 
blue ocean strategy case study of Xiaomi
blue ocean strategy case study of Xiaomiblue ocean strategy case study of Xiaomi
blue ocean strategy case study of XiaomiNasif Chowdhury
 
Global marketing - Strategies by L'Oreal
Global marketing - Strategies by L'Oreal Global marketing - Strategies by L'Oreal
Global marketing - Strategies by L'Oreal megasheeki
 
L'Oréal Brandstorm 2017
L'Oréal Brandstorm 2017L'Oréal Brandstorm 2017
L'Oréal Brandstorm 2017Luca Galvani
 
L'oreal case study
L'oreal case studyL'oreal case study
L'oreal case studyShreya Sinha
 
L'oreal Consumer Buying Behaviour - MET STUDENTS
L'oreal Consumer Buying Behaviour - MET STUDENTSL'oreal Consumer Buying Behaviour - MET STUDENTS
L'oreal Consumer Buying Behaviour - MET STUDENTSRajesh Shetty
 
Biocon case study group 1
Biocon case study group 1Biocon case study group 1
Biocon case study group 1ANURAG GUPTA
 
Dove: Using Consumer Psychology to Understand Buyer Behaviour
Dove: Using Consumer Psychology to Understand Buyer BehaviourDove: Using Consumer Psychology to Understand Buyer Behaviour
Dove: Using Consumer Psychology to Understand Buyer BehaviourSofia Fominova
 
A study of the Marketing Strategies of McDonald’s with special reference to G...
A study of the Marketing Strategies of McDonald’s with special reference to G...A study of the Marketing Strategies of McDonald’s with special reference to G...
A study of the Marketing Strategies of McDonald’s with special reference to G...Rahul Nagar
 
D.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisD.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisCherry Malhotra
 
A brand audit on the l’oréal brand
A brand audit on the l’oréal brandA brand audit on the l’oréal brand
A brand audit on the l’oréal brandAshenafi Girma
 
Brannigan Foods | Harvard Case
Brannigan Foods | Harvard CaseBrannigan Foods | Harvard Case
Brannigan Foods | Harvard CaseRohan Bharaj
 
Brannigan Foods Case Study Exercise
Brannigan Foods Case Study ExerciseBrannigan Foods Case Study Exercise
Brannigan Foods Case Study ExerciseJuan Manuel Restrepo
 
Team Kiehl's#Final submission
Team Kiehl's#Final submission Team Kiehl's#Final submission
Team Kiehl's#Final submission Sharon Huang
 

What's hot (20)

STP of L'oreal india
STP of L'oreal india STP of L'oreal india
STP of L'oreal india
 
Marketing plan presentation
Marketing plan presentationMarketing plan presentation
Marketing plan presentation
 
8Ps Of Luxury Brand Marketing
8Ps Of Luxury Brand Marketing8Ps Of Luxury Brand Marketing
8Ps Of Luxury Brand Marketing
 
Marketing Strategy L'oreal
Marketing Strategy L'orealMarketing Strategy L'oreal
Marketing Strategy L'oreal
 
blue ocean strategy case study of Xiaomi
blue ocean strategy case study of Xiaomiblue ocean strategy case study of Xiaomi
blue ocean strategy case study of Xiaomi
 
Nisha Agrawal - L'oreal
Nisha Agrawal - L'orealNisha Agrawal - L'oreal
Nisha Agrawal - L'oreal
 
Global marketing - Strategies by L'Oreal
Global marketing - Strategies by L'Oreal Global marketing - Strategies by L'Oreal
Global marketing - Strategies by L'Oreal
 
L'Oréal Brandstorm 2017
L'Oréal Brandstorm 2017L'Oréal Brandstorm 2017
L'Oréal Brandstorm 2017
 
L'oreal case study
L'oreal case studyL'oreal case study
L'oreal case study
 
L'oreal Presentation
L'oreal PresentationL'oreal Presentation
L'oreal Presentation
 
Dove-STP:
Dove-STP:Dove-STP:
Dove-STP:
 
L'oreal Consumer Buying Behaviour - MET STUDENTS
L'oreal Consumer Buying Behaviour - MET STUDENTSL'oreal Consumer Buying Behaviour - MET STUDENTS
L'oreal Consumer Buying Behaviour - MET STUDENTS
 
Biocon case study group 1
Biocon case study group 1Biocon case study group 1
Biocon case study group 1
 
Dove: Using Consumer Psychology to Understand Buyer Behaviour
Dove: Using Consumer Psychology to Understand Buyer BehaviourDove: Using Consumer Psychology to Understand Buyer Behaviour
Dove: Using Consumer Psychology to Understand Buyer Behaviour
 
A study of the Marketing Strategies of McDonald’s with special reference to G...
A study of the Marketing Strategies of McDonald’s with special reference to G...A study of the Marketing Strategies of McDonald’s with special reference to G...
A study of the Marketing Strategies of McDonald’s with special reference to G...
 
D.Light Design Case Study Ananlysis
D.Light Design Case Study AnanlysisD.Light Design Case Study Ananlysis
D.Light Design Case Study Ananlysis
 
A brand audit on the l’oréal brand
A brand audit on the l’oréal brandA brand audit on the l’oréal brand
A brand audit on the l’oréal brand
 
Brannigan Foods | Harvard Case
Brannigan Foods | Harvard CaseBrannigan Foods | Harvard Case
Brannigan Foods | Harvard Case
 
Brannigan Foods Case Study Exercise
Brannigan Foods Case Study ExerciseBrannigan Foods Case Study Exercise
Brannigan Foods Case Study Exercise
 
Team Kiehl's#Final submission
Team Kiehl's#Final submission Team Kiehl's#Final submission
Team Kiehl's#Final submission
 

Similar to Branding in Omni-Channel Environment: Fashion Industry of Bangladesh

Scope and future of omnichannel in indian retail
Scope and future of omnichannel in indian retail Scope and future of omnichannel in indian retail
Scope and future of omnichannel in indian retail shivasrri sethuraman
 
Marketing final version
Marketing final versionMarketing final version
Marketing final versionAnkit Agarwal
 
Swarovski Digital Transformation - Store Guide
Swarovski Digital Transformation - Store GuideSwarovski Digital Transformation - Store Guide
Swarovski Digital Transformation - Store GuideJaco Aucamp
 
Digital_Marketing_Definition_History_Str.pdf
Digital_Marketing_Definition_History_Str.pdfDigital_Marketing_Definition_History_Str.pdf
Digital_Marketing_Definition_History_Str.pdfNitishBhardwaj862042
 
Evolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel worldEvolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel worldesiml
 
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...Accenture Italia
 
Distribution Management
Distribution ManagementDistribution Management
Distribution ManagementRahul392342
 
In the Buyer's Head: Leveraging Consumer Mindsets to Increase Sales
In the Buyer's Head: Leveraging Consumer Mindsets to Increase SalesIn the Buyer's Head: Leveraging Consumer Mindsets to Increase Sales
In the Buyer's Head: Leveraging Consumer Mindsets to Increase SalesRed Door Interactive
 
Thats what did you do you just wrote on sentences i need more detail.docx
Thats what did you do you just wrote on sentences i need more detail.docxThats what did you do you just wrote on sentences i need more detail.docx
Thats what did you do you just wrote on sentences i need more detail.docxjonghollingberry
 
Rmg 914 - final WEEK 6 PP
Rmg 914 - final WEEK 6 PPRmg 914 - final WEEK 6 PP
Rmg 914 - final WEEK 6 PPBrian Winston
 
What does it take for brands to go digital. Same but different
What does it take for brands to go digital. Same but different  What does it take for brands to go digital. Same but different
What does it take for brands to go digital. Same but different Value Partners
 
Things to Know About In-Mall Advertising.pdf
Things to Know About In-Mall Advertising.pdfThings to Know About In-Mall Advertising.pdf
Things to Know About In-Mall Advertising.pdfMallAds
 
Cashing In On Everywhere Commerce
Cashing In On Everywhere CommerceCashing In On Everywhere Commerce
Cashing In On Everywhere CommerceResource/Ammirati
 
Digital Academy | Class 13
Digital Academy | Class 13Digital Academy | Class 13
Digital Academy | Class 13DigitasLBi MENA
 
2010 consumer trend tips
2010 consumer trend tips2010 consumer trend tips
2010 consumer trend tipsElias Hamed
 
4 steps to better engaging audiences using mobile technology
4 steps to better engaging audiences using mobile technology4 steps to better engaging audiences using mobile technology
4 steps to better engaging audiences using mobile technologyCarlos R. Guevara
 

Similar to Branding in Omni-Channel Environment: Fashion Industry of Bangladesh (20)

Scope and future of omnichannel in indian retail
Scope and future of omnichannel in indian retail Scope and future of omnichannel in indian retail
Scope and future of omnichannel in indian retail
 
Marketing final version
Marketing final versionMarketing final version
Marketing final version
 
Swarovski Digital Transformation - Store Guide
Swarovski Digital Transformation - Store GuideSwarovski Digital Transformation - Store Guide
Swarovski Digital Transformation - Store Guide
 
Digital_Marketing_Definition_History_Str.pdf
Digital_Marketing_Definition_History_Str.pdfDigital_Marketing_Definition_History_Str.pdf
Digital_Marketing_Definition_History_Str.pdf
 
Evolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel worldEvolution of luxury retailers in disruptive Omni-channel world
Evolution of luxury retailers in disruptive Omni-channel world
 
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...
Fashion OmniChannel: il Digital ridefinisce la relazione del cliente del luss...
 
Distribution Management
Distribution ManagementDistribution Management
Distribution Management
 
In the Buyer's Head: Leveraging Consumer Mindsets to Increase Sales
In the Buyer's Head: Leveraging Consumer Mindsets to Increase SalesIn the Buyer's Head: Leveraging Consumer Mindsets to Increase Sales
In the Buyer's Head: Leveraging Consumer Mindsets to Increase Sales
 
Thats what did you do you just wrote on sentences i need more detail.docx
Thats what did you do you just wrote on sentences i need more detail.docxThats what did you do you just wrote on sentences i need more detail.docx
Thats what did you do you just wrote on sentences i need more detail.docx
 
RSCI Digital Marketing Deck
RSCI Digital Marketing DeckRSCI Digital Marketing Deck
RSCI Digital Marketing Deck
 
Surrogate advertisement
Surrogate advertisementSurrogate advertisement
Surrogate advertisement
 
Rmg 914 - final WEEK 6 PP
Rmg 914 - final WEEK 6 PPRmg 914 - final WEEK 6 PP
Rmg 914 - final WEEK 6 PP
 
What does it take for brands to go digital. Same but different
What does it take for brands to go digital. Same but different  What does it take for brands to go digital. Same but different
What does it take for brands to go digital. Same but different
 
Things to Know About In-Mall Advertising.pdf
Things to Know About In-Mall Advertising.pdfThings to Know About In-Mall Advertising.pdf
Things to Know About In-Mall Advertising.pdf
 
Cashing In On Everywhere Commerce
Cashing In On Everywhere CommerceCashing In On Everywhere Commerce
Cashing In On Everywhere Commerce
 
Digital Academy | Class 13
Digital Academy | Class 13Digital Academy | Class 13
Digital Academy | Class 13
 
Digital Marketing
Digital MarketingDigital Marketing
Digital Marketing
 
-*
-*-*
-*
 
2010 consumer trend tips
2010 consumer trend tips2010 consumer trend tips
2010 consumer trend tips
 
4 steps to better engaging audiences using mobile technology
4 steps to better engaging audiences using mobile technology4 steps to better engaging audiences using mobile technology
4 steps to better engaging audiences using mobile technology
 

Recently uploaded

Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesAurelien Domont, MBA
 
Vladyslav Fliahin: Applications of Gen AI in CV (UA)
Vladyslav Fliahin: Applications of Gen AI in CV (UA)Vladyslav Fliahin: Applications of Gen AI in CV (UA)
Vladyslav Fliahin: Applications of Gen AI in CV (UA)Lviv Startup Club
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
Simplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansSimplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansNugget Global
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfShashank Mehta
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
Exploring Elite Translation Services in Your Vicinity
Exploring Elite Translation Services in Your VicinityExploring Elite Translation Services in Your Vicinity
Exploring Elite Translation Services in Your VicinityThe Spanish Group
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration TrainingCalvinarnold843
 
Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Nihal Nishadul
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHelp Desk Migration
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 

Recently uploaded (20)

Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and Templates
 
Authentically Social - presented by Corey Perlman
Authentically Social - presented by Corey PerlmanAuthentically Social - presented by Corey Perlman
Authentically Social - presented by Corey Perlman
 
Vladyslav Fliahin: Applications of Gen AI in CV (UA)
Vladyslav Fliahin: Applications of Gen AI in CV (UA)Vladyslav Fliahin: Applications of Gen AI in CV (UA)
Vladyslav Fliahin: Applications of Gen AI in CV (UA)
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
Simplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansSimplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business Loans
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
Exploring Elite Translation Services in Your Vicinity
Exploring Elite Translation Services in Your VicinityExploring Elite Translation Services in Your Vicinity
Exploring Elite Translation Services in Your Vicinity
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration Training
 
Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your Business
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 

Branding in Omni-Channel Environment: Fashion Industry of Bangladesh

  • 1. BRANDING IN OMNI- CHANNEL ENVIRONMENT: FASHION INDUSTRY OF BANGLADESH
  • 2. INTRODUCTION  Fashion industry has transcended beyond the boundaries of physical stores.  Fashion retail ecosystem has been enriched with e-tailing, mobile retailing, home shopping, catalogue retailing, etc.  The resources the consumers use to learn about, engage with, and build a connection to the brands they love and repeatedly buy are increasingly fragmented.  Interaction with brands has become nonlinear and shaped by many interactions across several touch points. The interconnectivity between these touch points is called omni-channel.
  • 3.
  • 4. THE CHALLENGES BRANDS FACE TODAY  Omni channel marketing offers marketers and retailers a holistic approach to reaching consumers with a more integrated message, through any channel and at any point in their path to purchase.  Aims to advocate consumer engagement and promote interactive brand experience.  Key to releasing this potential is- 1.Providing sophisticated insights. 2.Content marketing. 3.Integrated data and analytics. 4.An integrated partner ecosystem.
  • 5. RATIONALE In 2017 Population: 164 million. Internet Users: 67 million. (4.6% increase from 2016) Facebook user (Popular Social Media): 25 million. (19% increase from 2016) E-commerce Industry size: 300 crore (2016) Therefore, the scope of branding in such environment has increased immensely. A research on such branding practices would allow us to have a better understanding on the evolution of fashion industry and fashion products through the technological advancement worldwide.
  • 6. OBJECTIVES  Broad objective  The broad objective of this report is to give a holistic perspective as how fashion brands in Bangladesh create the perfect synergy across different channels to ensure that their branding activities remain coherent and communicative in today’s Omni channel environment.  Specific Objectives Find out how fashion outlets brand themselves  In mass media. (TV, Newspaper, Magazine, Radio).  In social media (Facebook, YouTube, Blogs)  Through internet. (Webpage, e-commerce sites, mail, newsletter etc.)  Mobile platform. (Apps, SMS etc.)  Find out the branding practices of fashion outlets across various mediums in the global landscape.
  • 7. CONTRIBUTION  To the literature of fashion industry. Specifically, literature of the fashion industry of Bangladesh will get a timely research paper on branding of fashion products in an Omni channel environment.  The fashion industry as a whole, will also be a beneficiary of this report as it will help the industry to take timely decisions in terms of branding efforts.
  • 8. METHODOLOGY  An e xplo rato ry re se arch through the investigation of fashion retailers in all over world and then in Bangladesh.  Qualitative data was collected through KII and co nsum e r surve y.  The findings were analyzed in an abductive reasoning.
  • 9. SCOPE  The main scope of the research is to give an overview of the existing branding practices in Omni channel environment by fashion retailers worldwide and in Bangladesh.  For Bangladesh, the study was confined within the city of Dhaka.  Few of the leading fashion houses in the country were covered.
  • 10. LIMITATION  As the term ‘Omni channel’ is relatively new in Bangladesh, it was difficult to find industry expert who could share their full understanding of the issue.  Besides there is very limited literature available exclusively on omni channel branding in the context of Bangladesh, so the researchers had to rely mostly on KII for the qualitative part of the study.
  • 11. WHAT IS OMNI-CHANNEL?  Omni-channel is a multichannel approach to sales that seeks to provide the customer with a seamless and consistent shopping experience whether the customer is shopping-  online from a desktop or mobile device.  by telephone (agents).  in a bricks and mortar store. Google defines it as “ensuring [retailer] marketing strategies are geared toward enabling customers to convert on any channel.”
  • 12. EMERGENCE OF OMNI-CHANNEL BRANDING: WHY AND HOW IT IS PURSUED?  Today's consumers expect everything to be available at their fingertips here and now. It is clear that consumers are already approaching their experience from multiple angles. Because of that, to reach consumers in real-time the brands must make use of multiple channels simultaneously.  Channel choice has become an important topic for managers and economists due to its important role in the performance or profitability of brands. No technology Technology for design Technology to mergeTechnology as facilitator
  • 14. WHY ARE RETAILERS USING OMNI CHANNELS TO INTERACT WITH CUSTOMERS? customer Consumers buy what they want, When they want, Wherever they want store kiosk catalog Call center Web/E-mail mobile
  • 15. EMERGENCE OF OMNI-CHANNEL BRANDING: WHY AND HOW IT IS PURSUED?  Customers use multiple channels to interact with the brand at the present time. These channels include in store, online, through various mobile devices, or social media. Because of that it has become increasingly important to connect all of the channels together.  By seeing a TV ad promoting deals, using mobile devices, visiting the favorite brand's website and looking up wide variety of products, scanning QR code, going to the physical store - people expect to have the same experience shopping in a store as they
  • 16. EMERGENCE OF OMNI-CHANNEL BRANDING: WHY AND HOW IT IS PURSUED?  These brands which can provide an omni- channel experience to their shoppers, and give them effective customer service, are able to convert them into loyal customers. These omni-channel directed efforts also mean continuous technological innovation and desired business growth for the brands.  According to MIT’s recent report, Beyond the Checkout Cart,  “The o m ni-channe l co nsum e r is the ce ntral fo rce shaping the future o f e - co m m e rce and brick-and-m o rtar sto re s alike . ”
  • 18. BRANDING IN OMNI-CHANNEL ENVIRONMENT FOR FASHION PRODUCTS: GLOBAL PRACTICES  Fashion industry is one of the biggest industries worldwide.  One of the biggest challenges for the fashion brands is to deal with information overload available to consumers. Therefore, branding is very important.  The brand can be associated with various characteristics such as exclusivity, luxury, good quality and high fashion. Communicating these characteristics is the major concern for most of the fashion brands now.
  • 19.
  • 20. BRANDING IN OMNI-CHANNEL ENVIRONMENT FOR FASHION PRODUCTS: GLOBAL PRACTICES From brand fanaticism to brand loyalty, fashion brands have the tendency to create a strong brand identity amongst the minds of the consumers.  Over the century, growth of the industry has been astonishing in terms of technology and revenue. The innovations had been rapid and growth exponential in terms of using omni-channel branding. Global Omni-channel Retail Index — by country or region (scale 1–100)
  • 21. BRANDING IN OMNI-CHANNEL ENVIRONMENT FOR FASHION PRODUCTS: GLOBAL PRACTICES  Branding Action.  Differentiation through Omni-Channel Branding.  Customer Relationship.  Marketing Strategies Based on Customer Insights.  Fashion Influencers in Branding for the Fashion Houses.  Content Marketing Communication in Building Fashion Brands.  Channel Differentiation.
  • 22. BRANDING IN OMNI-CHANNEL ENVIRONMENT FOR FASHION PRODUCTS: GLOBAL PRACTICES  Fashion industry has a strong affinity to branding using different channels, and most successful brand strategies like retailers Victoria’s Secret, Ralph Lauren, Nordstrom, Burberry, Zara, Mark & Spencer and Luxury designer brands like Louis Vuitton, Armani, Dior and YSL use omni- channel branding tools.
  • 23. BRANDING IN OMNI-CHANNEL ENVIRONMENT FOR FASHION PRODUCTS: GLOBAL PRACTICES  The branding strategy of most fashion brands revolve around the concept of omni-channel communication tools to target customer group and building brand-consumer relationship from which is derived a brand personality and Identity of each brand.  Building engagement through online hub. The hub provides behind-the- scenes content of the televised show. Also engagement through social media and apps is done. (Victoria’s Secret)  RFID tags, 3D-printed runway look and using 4K video cameras. (Burberry and Ralph Lauren)
  • 24. OMNI-CHANNEL PRACTICES IN FASHION INDUSTRY: BANGLADESH PERSPECTIVE  brand presence both online and offline  heavily dependent on multi-channel marketing  Traditional branding practices TVC or Radio Commercials print media
  • 25. OMNI-CHANNEL PRACTICES IN FASHION INDUSTRY: BANGLADESH PERSPECTIVE  Digital marketing Facebook Promotions Special Post Boosting Multi-products/ carousel ads Shop now Ads Google Display Network Banner Ads Static Banner Ads
  • 26. OMNI-CHANNEL PRACTICE BY THE LOCAL GIANT: AARONG.
  • 27. OMNI-CHANNEL PRACTICES IN FASHION INDUSTRY: BANGLADESH PERSPECTIVE  Special Occasions: Time for Alternative Channels !
  • 28. OMNI-CHANNEL PRACTICE BY INT’L PLAYER: NOIR CLOTHING BANGLADESH  Consumer Demographic Research before Omni-Channel Decision  customer relationship management  Omni-Channel Setting Based on Trends
  • 29. OMNI-CHANNEL PRACTICE BY INT’L PLAYER: NOIR CLOTHING BANGLADESH
  • 34. INTEGRATION – KEY TO OMNI- CHANNEL BRANDING Create a Seamless Experience Make it Easy Provide Support Know thy Customer • Ordering • Returns • Refunds • Call Center • Shopping Advice • Customer Service • Needs and preferences • One to One Marketing • Synchronized & consistent service regardless of channel Shopping Experience
  • 35. RECOMMENDATIONS FOR CREATING MORE OMNI-CHANNEL BRANDING
  • 36. SHOPPING IN THE FUTURE  Chatbot interface engages with the shopper in a conversation showing relevant and personalized recommendations  Virtual Reality  Employee empowerment  Face recognition

Editor's Notes

  1. The growing influence of an omni-channel environment can be seen through the lenses of a leading fashion brand like Victoria’s Secret. According to Joy (2012), online sales for the brand grew by 185% over the period of 2007 to 2012. Nowadays, 80% of the clothing brands maintain a website on the Internet compared to what they did in 2007. What is perhaps more eye-opening is that 63% shoppers who were approached claimed to have trusted real customer images on the net more than trusting brand photos published by the companies.