Part 1&2 - Describe Shadow’s current position

Question # 00847374 Posted By: wildcraft Updated on: 11/03/2023 10:13 PM Due on: 11/04/2023
Subject Business Topic General Business Tutorials:
Question
Dot Image

For this project, we’ll imagine a brand called Shadow that exists in the fast-fashion category alongside competitors like Gap, Uniqlo, and H&M. In the most current year, sales for Shadow declined by 12% while most competitors were flat or up 2%-4%. Zara and H&M were both up around 5% in that year.

Shadow and H&M share a similar target audience, young adults (21-34) with incomes below $50,000.

Assignment Requirements

Part 1: Write a Positioning Statement

  • Describe Shadow’s current position in the marketplace based on the perceptual maps above.
  • What additional data does Shadow need to understand its place in the marketplace, e.g., what are dimensions beyond price, quality and trendiness you need data on?
  • With the data you have, describe a new positioning for Shadow in the marketplace with a focus on the dimensions you need to improve on.
  • You can discuss Price and Product changes in your Re-Positioning.
  • Your positioning statement should be 1-2 paragraphs long.

Part 2: Produce a Mock Advertisement

  • In addition to your positioning statement, produce a mock advertisement that captures your positioning statement.
  • Your mock advertisement must include a visual element and a key message.
Dot Image
Tutorials for this Question
  1. Tutorial # 00842841 Posted By: wildcraft Posted on: 11/03/2023 10:14 PM
    Puchased By: 2
    Tutorial Preview
    The solution of Part 1&2 - Describe Shadow’s current position...
    Attachments
    Part_12_-_Describe_Shadow’s_current_position.ZIP (18.96 KB)

Great! We have found the solution of this question!

Whatsapp Lisa