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Published byGiles Small Modified over 9 years ago
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Maternity Clothes At Brooke McGuire Elizabeth Dwyer Andy Chow Gabriel Kim NORDSTROM
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Andy Chow- Marketing strategy Gabriel Kim- Human Resource plan Elizabeth Dwyer- Projected finances Presentation Overview
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19941996199819992000 Maternity Customer Base Growing Source:US government health trends report
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Customer Profile Mothers to be Ages 25 -35 Household income 60,000 +
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A Pea in the Pod A Pea in the Pod Mimi Maternity Mimi Maternity The Bon Marche The Bon Marche Maternity Competition
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A Pea in the Pod Offering Best Three dotTahari Seven jeans Others include: Sharagano Juicy Jeans Joie Marc Jacobs
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4 P’s of Marketing Product Price Placement Promotion Marketing Strategy
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Product/Price High fashion maternity clothing Relative pricing Nordstrom brand name - Halogen
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Placement 137 stores in 26 states Distribution channels on every coast Internet
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Promotion Keep it simple Keep current vendor marketing schemes The Nordstrom name
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Marketing Expense Decreases Source: Nordstrom 2002 Financial Prospectus
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Implementation of the Maternity Line Increase Current Selection Strengthen Vendor Relationships Highlight Product Placement Expand HR Operations
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Current Selection Few Maternity Products Low Maternity Selection Not Our Philosophy
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Vendor Relationships Current Specialty Stores - Seven Jeans - Three Dot - Marc Jacobs Other Potential Vendors - Juicy Jeans - Sharagano - Liz Lange
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Product Placement Current Specialty Sections –Encore –Petite Focus –T.B.D. Location A Plus
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HR Operations Increase Department Staffing Commit To Employee Training Raise Compensation for Sales
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Department Staffing Structure
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Exploring Nordstrom’s Finances Analyze Past Performance Determine the Bottom Line Increase our Revenue
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Source: Nordstrom Annual Financial Reports (1997-2001) Performance On The Rise
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Determining the Bottom Line Comparing Costs Initiating Implementation Measuring Revenue
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Source: Nordstrom Maternity Department Financial Prospect Report Increasing Our Revenue
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Brightening Nordstrom’s Future Satisfy our customers’ needs Create awareness Execute smooth implementation Generate fiscal growth
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