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PRADA Seems To Have The Worst Performance.

2015/9/12 11:09:00 19

PRADAAchievementsLuxury Goods

In recent years, the era of high growth of luxury goods in China has gone forever, and the growth rate has steadily become a "new normal"; and more and more brands, consumers become more mature, and competition is more intense.

Whether for PRADA or other brands, to grasp the needs of consumers carefully, meticulously and accurately marketing is the key to achieving growth.

Recently, the PRADA group released its first half financial results. The results showed that as of July 31, 2015, the net profit of PRADA group increased by 4% compared with the same period last year, to 1 billion 823 million euros, while the growth in the Asia Pacific region was weak, with an increase of only 0.6% in the first quarter and an increase of 5% in the first half.

Compared with other luxury brands, PRADA's performance seems to be the worst performing among the major luxury brands.

All along, many luxury goods have been labelled by consumers, such as the luxury of Hermes, the classic of Gucci, the avant-garde of Chanel, and the nobility of Dior.

But PRADA's labelling does not seem so obvious.

A number of consumers have labeled the brand as a professional and versatile brand, but the brand's own "devil's head" marketing intention expresses its position and frontiers, and it has a larger discrepancy between the label and the tag that consumers place on the brand, and the brand positioning is very vague.

But this is not an important reason for consumers to abandon the "devil's head". Lack of word of mouth is a major reason for consumers to kick out of the wardrobe.

In recent years, PRADA has frequent mass gates.

Leather goods

Problems such as metal buckle dropping and bulging are frequent.

After consumer complaints, most of the explanations given by PRADA are

Non quality problems

It is improper use by consumers.

This tough attitude has made consumers "very uncomfortable", and in the dissemination of fragmentation today.

PRADA

Bad news spread like a flood on social media, damaging the brand to the invisible?

Is the quality of PRADA really bad? When the brand side has emphasized for many times that consumers complain about the quality of the products because the consumers are not using them, one of the most important things that the brand should do is to imperceptibly influence consumers and tell consumers to use their products correctly.

But when most people buy leather goods at stores, sales consultants seldom tell consumers how to use them properly and how to maintain them. Most consumers do not know much about them.


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