1. Introduction
As people's living standards improve in
Adelaide, people's requirements for clothes constantly changing, people are not
demands to wear comfortable clothes, but also inexpensive, beautiful style. QNG
Company’s clothing is known for cheap, and has a good quality and style, and
wanted to enter the South Australian market set up their
own clothing store in Adelaide.
The purpose of this report is to give
managers a suggestion on how to operate in Adelaide are successful store. There
are six aspects can be discussed, which are brand & store named, consumer
groups, Adelaide's environmental analysis, site selection, competitive analysis
& investment risk analysis and marketing strategy.
2. Discussion
2.1Brand & Store Named
Qnigirl is a
leisure brand of QNG Company in South Korea, because prices are low, so very
popular. QNG is a clothing company in South Korea, however, it sold the clothes
are not QNG to manufacture, but QNG commitment to design, Dongguk door factory
to manufacturing, processing. Part is specified in QNG China factory, then
finished products back to Korea or sold all over.ONG insisted that the modern,
simple and natural, high quality clothing to the consumer. Because they have a unique product
planning, development and marketing system, in order to achieve low cost of shop
operations(Qnigirl 2011).
The brand of Qnigirl is unfamiliar brand in Adelaide, so it
should take a featured name, in order to have an advantage in the competition.
Therefore, the store named $ 10 girl's clothes. This name means taking all the
clothes are $ 10. There are two advantages. Firstly, low price can attract
customers to buy. In addition, it can save the time of asking the price by
customers.
2.2 Consumer Groups
The main groups of consumers are in the
20-30 years old,
extensions of consumer are in the 16-35 years old.
Because there are many kinds of clothes, for example, short skirts for
students, and suits for office ladies and so on.
2.3 Adelaide's Environmental
Analysis
South Australia is located in
south-central Australia, an area of 98.4 square kilometers, population 1.6
million; capital of Adelaide (population 1.08 million), a mild climate seasons.
The social welfare is high, for instance, children free education, universal
free medical care, retirement pensions is high and so on, so remove all the worries of the
residents. Moreover, Adelaide
has weekly system, wages are paid once a week and wages usually paid in
the last day of week. Thus, the bars, restaurants, department stores will be a good business in the weekend(South Australia, 2011). Therefore, we can
open the extra hours on weekends and give sales
discount. According to Australian Bureau of Statistics 2010 that Australia has a high minimum
starting salary is $ 15 a week, but also has remained very low unemployment
rate in developed
countries. The
situation is the same in Adelaide. This will help us develop the clothing
market in Adelaide.
2.4 Site Selection
Store address
should be selected in the commercial activities between the downtown, high
traffic public places or near population, so the
best place should be chosen in Rundle Mall. In Adelaide, Rundle Mall is a major
entertainment center; there are many shops, restaurants, supermarkets and it
surrounded by commercial centers and schools. For example, it has 3,000
food court seats with a wide variety of food
offerings. With over 400,000 customers every week and 23
million visitors annually, Rundle Mall is the most popular shopping mall in Adelaide. In addition, it
is not only convenient transportation, there a variety
of ways that you can get to Rundle Mall, such as bus, car, train and tram.
Thus, attracting more people to come here, it will increase revenues(Rundle Mall
2010).
Due
to the excellent
conditions, there are many brands
store in Rundle Mall, such as A-Mart All Sports,
Borders Books, Spotsgirl, Dick Smith Electronics, Priceline, Kookai and so on. Among
them, two stores can be introduced, which are Sportsgirl and Kookai.
2.4. i Sportsgirl
Sportsgirl
is one of Australia's favorites young women's fashion labels,
owned and operated by the Sussan Retail
Group in Australia.With multiple
stores across the country. The first
Sportsgirl store was opened in 1948
in Melbourne. Since that time, the Sportsgirl brandset up stores in other
cities, it was loved by the girls. There are two stores in Rundle Mall, one is located Shop G1 40-60 Rundle Mall Plaza, the
other located 154 Rundle Mall. The stores with
thousands of young and old women visiting
every day for fashion clothing and get a
great prices (Sportsgirl
2011).
2.4. ii Kookai
Kookai is a French fashion label founded in 1983 by Jean-Lou Tepper, Jacques Nataf and
Philippe de Hesdin. It purposes is to search that to provide
the clothes can be paid for young
women. It has many stores
in the world, such as Europe,
Australia, America and Asia. Its clothing line is generally characterized by
French fashion trends. The brand of
Kookai is a
highly creative and energetic brand, the color combination of the most
colorful, eye-catching design, unconventional style, leading the trend. In
fabrics, innovative, high-tech post-processing is essential, there is
pre-washed and washed the effect of the use of enzymes. In the multi-style
design and can see the way the new mosaic combination effects. The store
located 5
Adelaide Central Plaza Rundle Mall in Rundle Mall, every day has a lot of customers and
rich revenue (Kookai 2011).
Therefore, according to the above two success cases, the
company of QNG should choose the store in Rundle Mall.
2.5 Competitive Analysis & Investment Risk
Analyses
2.5. i Competitive Analysis
According to the survey, Adelaide's
cheap clothes are imported from China, although cheap, style and quality are
not good, and those styles from Europe or America, although there is good
quality, there is a high price, such as Gucci, the price is $ 1000, which is
the high consumption level, while there is the prices reasonable in Qnigirl,
substantial and sustained to provide a simple and stylish clothing. Therefore, thorough
implementation of low-cost operation, with the
fastest, lowest way directly connected to production and sales efforts to
achieve the most comprehensive customer service.
Take the above two brands we have to
analyze, one is Sportsgirl, the other is Kookai.
Compared with the QNG (Qnigirl), there are
three aspects can be analyze of two brands, as follows,
Bands Aspects
|
PRICE
|
QUALITY
|
STYE
|
QNG (Qnigirl)
|
$10
|
Cotton
|
Leisure
& sport
|
SPORTSGIRL
|
$29.95-129.95
|
Cotton
& Silk
|
Leisure
|
KOOKAI
|
$120-290
|
Cotton
& Silk & Nature fabrics
|
Leisure
|
(Sportsgirl & Kookai 2011).
By comparison with
the two companies, we can see that QNG (Qnigirl)'s advantage is its low price and rich styles. However, the low price only
not enough, in order to be successful in the competition, QNG Company should be able to
predict the risk.
2.5. ii Investment Risk Analyses
There are two kinds of risk in the
investment. Firstly, industries risk. As
the clothing brand more competitive, there are many
counterfeit products and similar brand names.
In addition, advertising risk. Advertising
investment is large, if not a good advertising plan, publicity is not enough,
investment will have the possibility of failure. Therefore, a good marketing strategy is essential.
2.6 Marketing Strategy
2.6. i Product Strategy
To achieve the diversity of clothing
styles, and to ensure adequate supply and sizes, each item comes with a
proprietary shopping bags.
2.6. ii Sales Strategy
I came up with the following solutions:
·
Mobile advertising to take a bus advertising, fashion
magazine advertising
·
Publicity through the Internet
·
Send printed logo and design of small souvenirs
·
Launch promotional activities: over $100 gifts to one clothes
3. Recommendations
3.1 Take
an attractive shop name
A good
store name has a great influence on the customer, the named of $10 girl's
clothes is a good way to attractive people.
3.2
Determine the appropriate target
According
to clothing styles and characteristics, young people and students should be
selected for the main purchasing power.
3.3 Understanding
of local environment
QNG Company wants to invest in Adelaide,
must have good
understanding of local culture, population, income and so on, it is helps to
better jobs in the future.
3.4
Correct location
For profitability
of the shop, address selection is very important, so there are a lot of people,
convenient business center is the most appropriate selection.
3.5
Ready to compete and risk analysis
Only by
understanding good information between the industries, it will better improve
their own, only to predict the risk in advance, in order to minimize the loss.
3.6 Good
marketing strategy
Good
marketing strategy is the key to open the market successfully, the company should use good ways to attract customers to gain recognition.
4. Conclusion
In
conclusion, in relation to the QNG clothing company marketing
report in Adelaide, six points can be discussed, which are brand & store named,
consumer groups, Adelaide's environmental analysis, site selection, competitive
analysis & investment risk analysis and marketing strategy. This report is
to prepare for entering markets in Adelaide successfully, only under the fully
prepared, it will make the investment to obtain the maximum benefit, so that QNG
Company in the new area to be successful.
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