PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR

E.Look or Embellish Look is one of the brands in Indonesia that sells outfit for young adult women since 2015, which is at first focus on online selling. After running its business for 4 years, E.Look sales has decreased in 2019, facing a tighter competition. On th eother hand, while E.Look is fac...

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Main Author: Firdausi Kamal, Azkarina
Format: Theses
Language:Indonesia
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Online Access:https://digilib.itb.ac.id/gdl/view/53128
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Institution: Institut Teknologi Bandung
Language: Indonesia
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spelling id-itb.:531282021-02-28T06:29:01ZPROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR Firdausi Kamal, Azkarina Manajemen umum Indonesia Theses Fashion, consumer behavior analysis, SWOT, integrating marketing strategy, marketing mix, online shopping INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/53128 E.Look or Embellish Look is one of the brands in Indonesia that sells outfit for young adult women since 2015, which is at first focus on online selling. After running its business for 4 years, E.Look sales has decreased in 2019, facing a tighter competition. On th eother hand, while E.Look is facing a decreased on sales, the number of internet users, and also the number of products sold online in Indonesia is increasing rapidly. Fashion product also become the most popular product purchased online in 2019, which increased 54% from the previous year. This has been the focus of problems for E. Look until now, because E.LOOK has actually experienced a decrease rather than an increase. This research aims to create a better marketing strategy for E.Look by analysing the internal and exteranl aspects of E.Look. For internal analysis, the author will use the PDB Analysis (Positioning, Differentiation, Branding), and for external analysis, the author will use the Porter’s Five Forces Analysis to identify the key aspects of competitive force that impacts E.Look, Competitor Analysis to find out the advantages and disadvantages of E.Look’s among the competitors, and Consumer Analysis, especially its customer buying behavior, so then E.Look will be able to know the customers and potential customers perspectives, such as what they like and want for fashion products, their buying behavior towards online shopping, and what are the best marketing strategy to approach them. Furthermore, the analysis result will be used to analyse the strengths, weaknesses, threats, and opportunity of E.Look then defining the SWOT quadrant based on calculating the SWOT analysis in order to create a strategy. From the SWOT analysis, the author found that E.Look is already in a strong and likely position, so it is possible for E.Look to expand, increase growth and achieve maximum progress. And the best strategy adopted in this situation is to support an aggressive growth policy. So to achieve E.Look’s maximum progress, the author create a new and integrated marketing mix for E.Look, this strategy consist of 7P: creating better product value, stable price by pushing cost of production, reach more customers by choosing effective places, creating effective promotions through integrated and aggressive marketing communication, more comfortable shopping process for the customers by providing an easier shopping process, training and recruiting to have a better quality people, and having a nice online and offline physical evidence to appeal more customers. From this marketing strategy, it is expected that E.Look could compete in the market, attract more customers, and grow rapidly every year. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
topic Manajemen umum
spellingShingle Manajemen umum
Firdausi Kamal, Azkarina
PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
description E.Look or Embellish Look is one of the brands in Indonesia that sells outfit for young adult women since 2015, which is at first focus on online selling. After running its business for 4 years, E.Look sales has decreased in 2019, facing a tighter competition. On th eother hand, while E.Look is facing a decreased on sales, the number of internet users, and also the number of products sold online in Indonesia is increasing rapidly. Fashion product also become the most popular product purchased online in 2019, which increased 54% from the previous year. This has been the focus of problems for E. Look until now, because E.LOOK has actually experienced a decrease rather than an increase. This research aims to create a better marketing strategy for E.Look by analysing the internal and exteranl aspects of E.Look. For internal analysis, the author will use the PDB Analysis (Positioning, Differentiation, Branding), and for external analysis, the author will use the Porter’s Five Forces Analysis to identify the key aspects of competitive force that impacts E.Look, Competitor Analysis to find out the advantages and disadvantages of E.Look’s among the competitors, and Consumer Analysis, especially its customer buying behavior, so then E.Look will be able to know the customers and potential customers perspectives, such as what they like and want for fashion products, their buying behavior towards online shopping, and what are the best marketing strategy to approach them. Furthermore, the analysis result will be used to analyse the strengths, weaknesses, threats, and opportunity of E.Look then defining the SWOT quadrant based on calculating the SWOT analysis in order to create a strategy. From the SWOT analysis, the author found that E.Look is already in a strong and likely position, so it is possible for E.Look to expand, increase growth and achieve maximum progress. And the best strategy adopted in this situation is to support an aggressive growth policy. So to achieve E.Look’s maximum progress, the author create a new and integrated marketing mix for E.Look, this strategy consist of 7P: creating better product value, stable price by pushing cost of production, reach more customers by choosing effective places, creating effective promotions through integrated and aggressive marketing communication, more comfortable shopping process for the customers by providing an easier shopping process, training and recruiting to have a better quality people, and having a nice online and offline physical evidence to appeal more customers. From this marketing strategy, it is expected that E.Look could compete in the market, attract more customers, and grow rapidly every year.
format Theses
author Firdausi Kamal, Azkarina
author_facet Firdausi Kamal, Azkarina
author_sort Firdausi Kamal, Azkarina
title PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
title_short PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
title_full PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
title_fullStr PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
title_full_unstemmed PROPOSED NEW MARKETING STRATEGY FOR E.LOOK, BASED ON CONSUMER BEHAVIOR
title_sort proposed new marketing strategy for e.look, based on consumer behavior
url https://digilib.itb.ac.id/gdl/view/53128
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