Multi-faceted is a word that constantly related to Swarovski, not only to the properties of theirr cut crystal but also to the divesrity of their business. Thanks to their facets, Swarovski's target consumer is "vertually every female" from 17 to 71 in terms either of buying or gift receiving, by bringing considered and diverse offering to such a broad range of people. Even though each cohort group (tweens, generations X,Yand Baby Boomers) has its own needs and values, Swarovski meets most of them.
Demographic factor is very important in marketing. The study of people's vital statistics, such as their age, race and ethnicity, and location helps to define a behavior in the marketplace. Swarovski Jewellery bases most of its market on women of age 25 and above by creating bridal, business, classical and sophisticated collections. It also include men accessories such as blacelets and watches, and of course children over 6 years old.
One of the biggest Swarovki's market target today is fashion industry. Swarovski crystals are affixed to everything from Victoria's Secret bra sets and Kawasaki motorcycles, to the clothing collections of such fashion heavies as Dolce & Gabbanna and avant-garde vintage revisionists Imitation of Christ. Swarovski was the sole sponsor of this year's prestigious Council of Fashion Designers of America Awards in New York City. And celebrities from Hilary Swank to Kate Beckinsale and Mira Sorvino have flaunted Swarovski accessories at some of the biggest star-studded events in Hollywood.
A fifth-generation Swarovski -- she is the daughter of the company's current CEO, Helmut Swarovski -Nadja Swarovski saw the potential of affixing the company name to something much more valuable than miniature crystal dolls. The infrastructure was already in place, all it needed was somebody to point it out. Nadja Swarovski looked to the company's underside, the history most consumers did not know about. She created a new public-relations strategy - with the help of professional muse Isabella Blow, the doyenne of the British-fashion set, Swarovski called upon some of the fashion names the company had already been doing business with for years, as well as some new names, and made them offers they could not refuse. Designers would be supplied with free crystal to be integrated into their work as they saw fit. All the designers had to do was say that these crystals were Swarovski crystals, and say it often.
Swarovski started what she calls a "crystal re-education program" for designers and established offices in some of the world's fashion centres -- London, Paris, Wattens, New York, Milan, New Delhi, Sao Paolo and Dubai. Today, designers from several creative realms (interior, jewellery, lighting, home and fashion) are brought in to meet with consultants and are provided with access to a range of Swarovski materials. This is how the costume designer for Moulin Rouge came to decorate Nicole Kidman, head to toe, in Swarovski stones.Understanding market and fashion, Nadja Swarovski united their brand name with the best designers of the world.
Marina: Your blog looks great. However, a lot of the text that you posted is not your own. When you post information from another source you must credit that source.
ReplyDeleteOne purpose of this semester blog assignment is that we become better writers by writing more. The posts don't have to be long, just "yours." If you are indeed trying to get an "A" one part of that is effort. Try by making the post your own text. you get more credit for that than cutting and pasting from another source.
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