Table of Contents
Introduction......................................................................................................................................2
The Relevance and Importance of Positioning, Repositioning and Its Implications.......................2
Positioning map...............................................................................................................................4
Two Methods of Repositioning........................................................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................7
Introduction
Burberry’s target consumer is somebody who desires luxury while being purposeful. The
brand’s point of change with additional luxury brands is that they might be aspirational, luxury
and functional. Burberry agreed that they were successfully going to reach these clients from
Bravo classifying their niche amongst labels of Giorgio Armani and Polo Ralph Lauren on the
clothing side, and among Gucci and Coach on the accessories segment. Hence, the market
positioning of the company is exceptional and differs as it targets fashionable as well as classic
buyers. Burberry aims at all its customers through a shared signature tune of functional luxury
products. Burberry’s key rivals include Armani, Coach, Polo and Gucci all of which are amongst
top fashion trademarks in the United Kingdom and internationally. Gucci and Coach both are
more dedicated towards stylish accessories while Armani and Polo are more concentrated on
clothing; though all have a diversity of products in both accessory categories and apparel (Moore
and Birtwistle, 2004).
The Relevance and Importance of Positioning, Repositioning and Its
Implications
Straker and Wrigley (2016) argue that the corporation has positioned its product in the
thoughts of customers to be a functional luxury. The company retains a product line with
sufficient depth and width comprising of several products. Burberry products fall into either of
these main groupings: continuity or fashion. Fashion products are intended to be receptive to
fashion inclinations and are availed on a collection-by-collection base. Permanence products
have business cycles that are anticipated to last for a total of many years. Burberry also owns
three main collections: menswear, accessories and women’s wear. Hence, with so many diverse
products obtainable in the different selection and the fashion versus stability of Burberry items
the product mix is good enough. This affects directly to the positioning of the company’s brand.
Burberry has been awarded awards for the Classic Design Collection and Contemporary Design
Collection. This demonstrates how different the Burberry brand is compared to its competitors.
Brand positioning generates a precise place in the marketplace for the company’s product
and brand offerings. It influences a specific type of customer and delivers benefits that meet the
wants and needs of numerous crucial target users and groups. The brand positioning of the
corporation and product pursues to further detach itself from rivals based on a host of products,
but particularly five key issues: Quality, price, Product Attributes, Usage Occasions, and
Distribution. Positioning aims at identifying the superior features of the product and connecting
them with customers more successfully than competitions. This viewpoint brands the entire
Burberry market-oriented. Repositioning helps a company maintain its market even after a
product life cycle reaches a maximum. It helps the company to control pricing and keep its
customers (Truong, McColl and Kitchen, 2009).
Positioning map
The positioning map symbolizes the highest two grouping motivators, fashion, and price.
A score of 1.0 signifies a perfect score and -1.0 grades the last place company out of the three,
which was the case for Burberry after collecting the ranks from the surveyed persons. I placed
Gucci below Burberry because after replacing their designers the company has faced problems in
creativity and uniqueness. Burberry recently has attracted so many customers due to their
creativity and designs. Primark, on the other hand, does not meet the creativity of the two
companies and it’s pricing although the company has the highest net worth. Predictably, the
company that performs best is the Burberry which has expensive and fashionable products
followed by Gucci and later Primark (Straker and Wrigley, 2016). The reason is that Burberry
has numerous product approaches: market development, market penetration, and product
distribution. They are expanding their previous Europe market, emerging in the United States
and International market, and increasing their products to sustain with the latest fashion styles.
Burberry is fashionable since you can get it at a few amounts of locations compared to
the rest. For promotion communications, Burberry promotes videos and carries out promotions
on the internet and YouTube. They have in supply customer agents who help personal marketing.
For trade advertisings, Burberry has authorization sales after the seasons. Product positioning
must uphold a positive brand appearance. Burberry practices direct promotions by using opt-in
emails. The company has also used a lot of electronic media, for example, their Facebook page,
website, YouTube account and Twitter account which help improve the positioning of their
brand. The organization also has a segment on its website, termed as Art of Trench, a place
where customers generate images for themselves wearing their Burberry product (Phan, Thomas
and Heine, 2011).
Two Methods of Repositioning
Repositioning is when a company changes its status in the market due to example sales.
There are few strategies Burberry Company can use to reposition itself in the market. The most
critical phase of building a brand is to give the company identity. The first approach I would
propose is identity where a brand is tied collectively through the slogan, logo, and color scheme,
employees and marketing materials. Everything about the business should put together and
deliver a unified identity that the customers can comprehend. There will be a complete overhaul
as a brand must approve all the sections to work together. This comprises of changes completed
and any portions that have endured the same, although there usually are very few types of the
brand that continue to remain alike. As long as you are proving consumers with a new fashion
and taking them along for long-term the company will ever stay successful (Straker and Wrigley,
2016).
Consumer engagement is the second approach for repositioning that is good for Burberry.
People need to be involved with the Burberry brand. Customers always feel like they belong to
the company. To ensure this materializes, Burberry has to work to modify their products to fit
customer requirements. The designers must have to be visionary and creative to produce what
individuals want (Truong, McColl and Kitchen, 2009). The company must also communicate
with the customers when repositioning. They help build brands through enticing customers and
meeting their specifications.
Conclusion
In conclusion, brand positioning is something that touches the personality of customers.
The company can improve its return on investment and overall sales turnover by implementing
brand repositioning. The organization has performed very well over the years and as it seeks
expansion to new market positioning is crucial for the success of the company. With the intense
rivalry in the global fashion market, Burberry must establish evident characteristics of what they
need their product to stand for. Except they could shape out a compelling and unique positioning,
the firm will not achieve its main objectives. Generally, in the fashion industry creativity is
essential and brand positioning. This is attributed to the taste and preferences of different
potential customers. Burberry needs to invent a way of creating a single and firm international
brand positioning. This brand cannot position for something which is not similar in every
marketplace since it will end up confusing customers and make global advertising almost
unbearable.
References
Moore, C. M. and Birtwistle, G. (2004) ‘The Burberry business model: Creating an international
luxury fashion brand’, International Journal of Retail & Distribution Management, 32(8), pp.
Available at: http://www.emeraldinsight.com/doi/10.1108/09590550410546232 (Accessed:
2019-03-22).
Phan, M., Thomas, R. and Heine, K. (2011) ‘Social media and luxury brand management: The
case of burberry’, Journal of Global Fashion Marketing, 2(4), pp. 213–222. Available at:
https://www.tandfonline.com/doi/abs/10.1080/20932685.2011.10593099 (Accessed: 2019-03-
22).
Straker, K. and Wrigley, C. (2016) ‘Emotionally engaging customers in the digital age: the case
study of “Burberry love”’, Journal of Fashion Marketing and Management. Edited by H.
Goworek, Patsy Perry and Anthony Ke, 20(3), pp. 276–299. Available at:
https://www.emeraldinsight.com/doi/abs/10.1108/JFMM-10-2015-0077 (Accessed: 2019-03-22)
Truong, Y., McColl, R. and Kitchen, P. J. (2009) ‘New luxury brand positioning and the
emergence of masstige brands’, Journal of Brand Management, 16(5–6), pp. 375–382. Available
at: https://link.springer.com/article/10.1057%2Fbm.2009.1 (Accessed: 2019-03-22)
Appendix
Figure 1.Gucci logo (Source: https://www.gucci.com/int/en/#)
Figure 2.Primark logo (Source: https://www.primark.com/en/homepage)
Figure 3.Burberry logo (Source: https://www.burberry.com/)