MARINE SERRE-Roshni Dhandabani
MARINE SERRE-Roshni Dhandabani
MARINE SERRE-Roshni Dhandabani
Roshni Dhandabani
085971
26/04/2023
2438
MA Fashion & Luxury Brand Management
Roshni Dhandabani
085971
9:00am 26/04/2023
26/04/2023
EXECUTIVE SUMMARY
Designers Profile:
Aim :
• To penetrate and ensure the success of the French brand Marine Serre in the German
fashion market.
Objectives :
• Profound analysis of the German market and Internal analysis of the brand to
recommend a Marketing strategy for successful penetration of Marine serre in the
German fashion market.
Research Methodology :
Primary research:
- A survey aimed to understand the consumer behaviour towards the German market.
- Observation: of social media, website, and store Galeries lafayette)
- Interview ( Sergio Gramuntell ,Sales Account manager | Amazon Ads Germany|
Fashion & Sports brands)
-Secondary research includes consultation of academic sources, journal articles and
market reports.
The crescent moon represents Marine Serre's brand values since its 2017, so she chose it
as her logo. "The moon is like an icon, emblem, image, representation, flag, language,
metaphor, and an object believed in bridging limitations, hybridity, and freedom. It never
remains constant and timeless at the same time; it changes along with us(Mora, M.,2020).
The half-moon takes on the characteristic union of various worlds, which is identical in the
brand's vision, much like the best fashion brand logos, which are straightforward and linear
in design and thus instantly recognizable. The crescent moon has always represented life
and fecundity, and it was created specifically to signify a new beginning, a The half-moon is
another representation of numerous female deities in classical mythology. At that time,
Instagram served as a crucial platform for the brand's development as well as for the ideal
global distribution of the moons' modern, linear design.
The success of Marine Serre's brand has been based on the countless interpretations and
stylistic alterations of this logo. However, this pattern is only a tiny component of a singular
universe that is frequently surreal but inextricably linked to the present moment(Caruso,C,2020)
PART I
MARKET ANALYSIS
Capital- Berlin
Language - German
Currency - Euro
Figure 3; Germany Map (Source: Pinterest, 2023:online) Germany map (no date) The 16 States of Germany
MARKET ANALYSIS
-Key aspects of consumer life in the biggest economy in Europe is the German fashion
industry.
-The desire and the necessity to purchase clothing, footwear, and accessories still exist,
consumer shopping habits are evolving.
-In 2026, the German apparel retail industry is forecast to have a value of $76,646.5 million
an increase of 21% since 2021.( 2022,Marketline)
-German fashion industry players FALKE , Marc Cain and Hugo BossEscada, and
Jil Sanderare manufactured.
-Capturing the continuously changing market's expanding consumer need for fast fashion
-Online stores like Vinted, Bonprix, and Zalando have also seen substantial growth.
-Environmentally friendly and less affordable than new things are the major points for
purchasing used appare l.
ONLINE RETAIL SECTOR
-In 2022, online purchases of apparel and footwear generated about 21.35 billion euros,
down from the previous year's peak of 24.73 billion euros.
-The driving force of German online shoppers were between the ages of 25 and 44years
old(statista,2023)
Amazon ranks at the front. Otto, which came in second, is based in Hamburg and offers
apparel,furniture, and consumer electronics online.
--Zalando is a well-known fashion retailer that sells clothing, footwear, and cosmetics.
(2022, Statista).
-This prediction states that by 2027, penetration of users will have increased to
83.87 percent for the fourth year in a row.
CONSUMER EXPECTATIONS IN GERMANY
- Beyond price, German consumers prefer to learn as much as they can about other
comparable products, features, provenance, etc. before making a purchase.
- One of the most picky markets in the world is Germany. Some customers are prepared
to spend more for a product of higher caliber.
- Germany is Europe's the biggest online market and the country has become the
standard for online shopping.
- Products from the local, national, and European markets may occasionally be preferred.
- In this situation, about 60% of people are willing to purchase the same brand repeatedly.
- Social networking sites are advantageous during the discovery process as well as for
learning about products.
- German consumers look for these brands to be chic, high-quality, sustainable, tailored
and adapted to their needs and expectations, and to provide excellent customer service.
-Last but not least, excellent service to customers is always expected both online and
offline, including quick response to inquiries, simple & flexible returns, and a customized
shopping experience.
EXTERNAL DIAGNOSIS
PESTLE
High price
Jacquemus
karl lagerfeld
y/ project
ssense Jupes
Classic Contemporary.
Mugler
sacai
JaRichard Quinn
Heidi Fridolin
Figure 4
Bio :
Heidi Fridolin is German Women who was born in Cologne, but
she moved to Berlin for a better work opportunity. She is not much
into fashion trends ,although she looks with some sense of fashion
style. Minimalistics, elegant ,commodity and quality and price are
her top priorities. She is more interested sustainable brands than
fast fashion.She purchases looking for durability, comfort as she is
not into many brands. During her free time she does crochets.
She buys her clothes in stores rather than online because she wants
to feel the quality and appreciate the physical experience.
Extrovert Introvert
Friendly Unfriendly
Judger Perceiver
Social Media:
Thinker Feeler
COMPETITIVE ADVANTAGE
-Well thought of renewable and sustainable design.
-In house print design and arteries.
-Strong brand identity and brand logo.
-Recognised iconic style and prints.
-Won price at lvmh
VALUE CHAIN
Firm Infrastructure
Marine Serre
Headquarter: Paris
Human Resources
Internal
67-person
Support Activities
Technological Development
Internal
Blathnaid Leahy
MARGIN
Procurement
Internal
Primary Activities
COMMUNICATION ANALYSIS
Marine Serre uses Facebook and Instagram for international communication. When compared to
other brands already on the market, their engagement on both platforms is rather low. Despite
maintaining a synergy where both channels reflect the same type of postings, neither platform
tells a story about the brand's DNA or beliefs.
Positive features
-Rating is 4.0
-Content mirroring of Instagram in terms of
campaigns, quotes
-7,910 like this page.
Negative features
-No hashtags
-No .videos.
-No Questions section
-No short description
-No General information section
(Website, Instagram link, and phone number)
-Transparency section,
.
FACEBOOK INSTAGRAM WEBSITE
Positive aspects:
- 710 k followers
Figure 8
Negative aspects:
Figure 10
Recommendations:
-Improved feed coordination in terms of aesthetics: Focus on posting just the most
artistic/aesthetic pictures.
- Focus on Reels creation and their storytelling (e.g: Behind the Scenes, Campaignvideos,
Brand history videos)
- Use more interactive Instagram stories to find out more about consumers behaviour.
- Increasing Instagram live sessions (e.g: answering Q&A about the brand)
Figure 11
Positive Aspects:
-Clean and minimalistic (easy navigation) layout.
-Having a short vedio clip on the page .
-Store locators in different country and on online platforms.
-Keep visitors' attention longer, including a quick clip on the website landing page.
Figure 12
Negative features
- There is no language preferences.
- There is no About Us page.
Recommendations:
-Consider German Translation
-Add brand heritage on the Marrine serre and About us .
-Update the layout while maintaining the simple aesthetic and simple navigation
PART II
CONCLUSIONS AND RATIONALS
SWOT ANALYSIS
S W
O T
-Opening in new market.
-Improved storytelling ( Increasing focus on -New environmental regulations imposed in
quality,sustainability and heritage. ) Paris Agreement may bring danger to
-Reduced shipping costs can also cut costs several already-existing product categories.
by lowering the cost of transportation. -Intense competition
-Local collab with influencers/Celebrities. -Several nations have various
-Digital fashion is evolving By themselves liability laws.
and/or through strong relationships -No loyality from Gen Z and millennials.
(e.g., virtual worlds, gamification, and - High consumer expectations.
digital collections).
PART III
MARKETING STRATEGY
MARKETING PLAN
Recommended Marketing Strategy
According to the Ansoff Matrix , Marine Serre is pursuing a market
development strategy considering that the product already exists, and
itsexpanding its business to a new geographic market.
New Markets
Marketing Diversification
Development
Existing Markets
Market Product
Penetration Development
-Increasing demand and brand awareness through existing products among a new
target audience
-Reaching a new market segment through varies promotional activities
-Developping a tailored retail strategy
-Successfully communicate brand ethos
4P: PRODUCT
According to the survey , the german consumers are stylish but not trendy.They prefer clothes
in shades of reds,Minamalist,Modern,Cosmopolitan and Elegant.Overall, German women are
elegant and favor a tidy appearance.
Tops:
Bottoms:
Market price plan is to Mark up 3% still sit between the margin price.
Competitive pricing.Most respondants are willing to pay from 200Euros
to 500Euros for good selected product.Most of the target audiences
are price based.
106 responses 106 responses
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Place- Breuninger Stuttgart( First Year)
42.5% Prefers visiting department store followed by concept stores.
106 responses
Facebook should be among your first social network for digital marketing in Germany for
Millennials .
Medium-sized businesses generate more sales and conversions through social media
marketing and search engine optimisation( markerting agency in germany)
PROMOTION
Media plan
Offline Online
Most Department and concept stores have own merchendising and by inviting the top influencers and followed
by the lunch and have an chance to meet the designer.
MOON POLKA
TRUNK SHOW
15th,SATURDAY , JUNE,2023
Breuninger Karlspassage
Address: Marktstraße 1-3, 70173 Stuttgart, Germany
QR code
RECOMMENDED RETAIL STRATEGY
SergioGramuntell 31/03/2023
Roshni D 31/03/2023
APPENDIX -1
INTERVIEW:Sergio Gramuntell
Sales Account manager | Amazon Ads Germany|
Fashion & Sports brands
1.Can you give a short introduction of yourself about your work nature ?
Hi, I'm Sergio Gramuntell from Spain, currently living in Munich after I finished my degree
in International Branding & Brand Management. Through my career, I have worked in content
management positions ( AB InBev, Toni Kroos Academy) & sales (Denso automotive &
Amazon Ads).Furthermore, I am fluent in Spanish, Catalan, English, French, German, Italian,
and Portuguese. In my free time, I enjoy sports, travel, and spending time with friends.
4. What are the consumers expectation when it come to new brand in Germany ?
German customers generally rank among the hardest to reach when it comes to shifting
towards new brands & tend to have quite high expectations for new comers. Consumer
expectations mainly are built around quality, innovation, sustainability,value for money
andtrustworthiness.
1-Quality: The new brand has to have a higher quality than what the current standard is
oratleastatthesamelevel
2- Innovation: New brands have to deliver a new/unique experience as well as being
different/fresh when compared with what they already know.
3- Sustainability: Although still on an early stage, sustainability is becoming more and
more relevant in German consumer purchases. Thus, being able to deliver products
created with environmentally friendly procedures is more likely to attract new customers.
4. Value for money: Traditionally, German customers have always been price-conscious.
Thus, brands aiming to reach them need to communicate well why & how they offer
good money for the price of their products. Some strategies used in the market are
offering competitive prices, promotions, or offering additional benefits that make the
product or service worth the price.
5. Trustworthiness: New brands have to build a strong clear brand identity as well as
demonstrating their honesty, transparency and authenticity.
5. Are social media influencers given important in Germany marketing?
Despite median German population being around 45.9 years old & a rather classical customer
behaviour, social media and influencers have gained popularity in recent years. Indeed, I
would say it is becoming more and more a quite effective way to reach the audience & boost
brand visibility.When creating influencer campaigns, it is crucial that the chosen one has a
loyal follower base, looks as a trustworthy source for the recommendation & resonates within
the niche you are targeting.
Key note: Influencer campaigns on Germany, based on guidelines created by the German
Advertising Standards Council (Deutscher Werberat), require to clearly state that it is a
sponsored promotion/ paid endorsement.
9.What are the key expectation of German consumer for a brand like Marine Serre?
Overall, German consumers expect such brands to be stylish, high-quality, sustainable,
tailored & adapted to their needs/expectations and an excellent customer service.
Firstly, German consumers expect designer clothing brands to use high-quality materials and
craftsmanship to create garments that will last a long time and maintain their appearance
over time. Added to the quality, they expect designer clothing brands to provide various sizes
& styles that fit different body shapes.Furthermore, Germans look for such brands to be
unique & innovative, fashion-forward, appealing, functional & sustainable ( fair labor practices,
eco-friendly materials...).Lastly, customer service is always expected to be high level both
online and in-store, including fast response to inquiries, easy & flexible returns & personalised
shopping experience
10.What could the promotional strategies that German customers are attracted and given
attention too ?
In terms of promotion strategies, there are multiple that can be leveraged depending on
what Marine Serre wants to prioritise but I'd mainly say:Discounts: As they tend to be quite
price sensitive & eager for bargains. However, be aware of maintaining a strong communication
around the products quality.Social Media & influencers: leveraging influencers & social media
can lead to increase brand awareness, capture the attention of Marine Serre audience &
ultimately reach the loyal follower base of local influencers.Personalized Marketing: Germans
value personalized communication and marketing. Using customer data to personalize your
marketing messages can help to build a stronger connection with your target audience and
drive sales.
APPENDIX -2
INTERVIEW:Jérémy CHAILLOT -Head of Marketing Kenzo & Givenchy Germany
1. What do you think as the key expectation as a French brand to enter German market?
German market is a mature market with an important upper middle class.
It is part of EU and close to france so less complexity in terms of supply and legal issue.
Still, not very « image « market.
For me it’s only about growing the business
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(28.6%)
(26%)
(16.8%)
(14.3%) (14.3%)
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APPENDIX-4
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