Documentos de Académico
Documentos de Profesional
Documentos de Cultura
PROJECT ON:
Gap(Gap generations)
PRESENTED TO:
PRESENTED BY:
Group No.10
MEMBERS:
DEDICATION
W e w o u l d l i ke t o d e d i c a t e a l l o f o u r e ff o r t s t o c o m p l e t e t h i s r e p o r t
t o o u r b e l o ve d P a r e n t s r e s p e c t e d t e a c h e r R a n a A d e e l A b a a d … . .
Acknowledgement
W e wo u l d l i ke t o s a y t h a n k s t o o u r t e a c h e r
R a n a A d e e l A b a a d f o r h i s g u i d a n ce a n d h i s p r e c i o u s t h o u g h t s
w h i c h h e l p s u s t o c o m p l e t e t h i s wo r k i n a p r o p e r a n d e ff i c i e n t
m a n n e r. . .
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History
F o u n d e d i n 1 9 6 9 b y D o n a l d F i s h e r, t h e n a m e o r i g i n a t e d f r o m t h e
p h r a s e " th e g e n e r a t i o n g a p "
1969-1980
I n 1 9 6 9 D o n a l d F i s h e r o p e n e d t h e f i r s t e ve r G a p s t o r e i n a
t h e a t r e o n O c e a n A ve n u e n e a r S a n F r a n c i s co S t a t e U n i ve r s i t y,
t h e s t o r e ' s m e r c h a n d i s e c o n si s t e d o f b l u e j e a n s a n d r e c o r d s a n d
t a p e s … . h o we v e r, t h e a u d i o p r o d u c t s w e r e s o l d f o r a m e r e t h r e e
m o n t h s b e f o r e b e i n g r e m o ve d f r o m t h e s t o r e .
B y 1 9 6 9 G a p ' s s a l e s h a d r e a ch e d $ 2 m i l l i o n a n d a s e c o n d s t o r e
w a s o p e n e d i n S a n J o s e , C a l i f o r n i a . A l o n g wi t h t h i s se c o n d s t o r e
Gap established its first corporate headquarters in Burlingame,
C a l i f o r n i a , e m p l o yi n g o n l y f o u r e m p l o ye e s . G a p c o n t i n u e d t o
e x p a n d r a p i d l y a n d b y 1 9 7 2 - 7 3 G a p h a d g r o wn t o o ve r 2 5 s t o r e s
a n d h a d e xp a n d e d t o a r e a s o u t s i d e o f C a l i f o r n i a a n d wa s
e n t e r i n g t h e E a s t C o a s t m a r ke t w i t h i t s s t o r e i n I n 1 9 7 4 G a p
b e g a n t o s e l l p r i va t e l a b e l m e r ch a n d i s e i n i t s s t o r e s .
1 9 7 5 s a w t h e c r e a t i o n o f t h e ch a i n o f s t o r e s w h i c h s p e c i a l i ze d i n
s e l l i n g d i s c o u n t e d a p p a r e l , a s we l l a s t h e a c q u i s i t i o n o f " Yo u &
Yo u " wh i c h h a d f o r m e r l y b e e n a N e w E n g l a n d - b a s e d c a su a l
apparel brand.
1 9 7 6 wa s a l a n d m a r k ye a r f o r G a p w i t h t h e c o m p a n y g o i n g p u b l i c
i n b o t h t h e N e w Yo r k a n d P a ci f i c s t o c k e xc h a n g e s wi t h a n i n i t i a l
p u b l i c o ff e r i n g o f 1 . 2 m i l l i o n s h a r e s . W i th t h e a r r i va l o f 1 9 7 7 G a p
introduces the labels "Fashion Pioneers", "Eaton Hill", and
"Foxtails" which are sold in its stores. The company also
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l a u n c h e s t wo s u b - b r a n d s ; " L o g o , " b a se d i n C a l i f o r n i a a n d
M i s s o u r i , a s we l l a s " B r a n d s" b a s e d i n N e w Yo r k a n d N e w J e r se y.
I n t h i s ye a r a l s o , G a p m o ve s i t s h e a d q u a r t e r s f r o m B u r l i n g a m e ,
t o i t s w e l l k n o wn l o ca t i o n a t 9 0 0 C h e r r y Ave n u e i n S a n B r u n o .
Mission statementStatement
T h e m i s s i o n o f t h e B r i d g i n g T h e G a p C o m m u n i t y Tr a n s f o r m a ti o n
P r o j e c t i s t o d e ve l o p B i g S t o n e G a p a s t h e " C o m m u n i t y o f
C h o i c e " t o r e s i d e i n , wi t h i n t h e r e g i o n o f f a r S o u t h we s t Vi r g i n i a .
G u i d i n g T h o u g h t s o f t h e E xe c u t i ve C o m m i t t e e t o D e ve l o p M i s s i o n
and Priorities:
* L o o k e d a t d e s i r e s o f t h e c o m m u n i t y, a s e xp r e s s e d a n d
r e c o r d e d , a t c o m m u n i t y m e e ti n g s h e l d i n t h e s u m m e r o f 2 0 0 6
* L i s t e n e d t o a d vi c e a n d g u i d i n g p r i n c i p l e s o f D r. Va u g h n
Grisham.
* L o o k e d wi t h a l o n g - t e r m vi s i o n t o t h e f u t u r e , b u t wi t h a d u e
r e s p e c t o f r e a l i t i e s o f t h e c o m m u n i t y, t i m e , a n d m o n e y.
* Operating on faith....
because...
" B r i d g i n g T h e G a p " i s t h e r i g h t t h i n g t o d o f o r t h e co m m u n i t y.
Marketing strategy
T h e b a n a n a r e p u b l i c s t o r e s t r y t o c o n ve y a m o r e so p h i s t i ca t e d
i m a g e f o r a n u p s c a l e c u s t o m e r, wh e r e a s G a p s t o r e s a p p e a l t o a
b r o a d e r m i d r a n g e o f cu s t o m e r s . T h e O L D N E AY c h a i n i s d e si g n e d
t o a p p e a l t o yo u n g e r g e n e r a t i o n o f c u s t o m e r s b y e m p h a s i zi n g
6
" f u n , f a s h i o n , a n d va l u e " t h r o u g h a s t o r e e xp e r i e n ce t h a t d e l i ve r s
" e n e r g y a n d e xc i t e m e n t . " A l t h o u g h G a p , a l o n g w i t h o t h e r r e t a i l -
s t o r e c h a i n s , h a s b e e n c r i t i c i ze d f o r b l a n d n e s s a n d u n i f o r m i t y i n
i t s s e l l i n g e n vi r o n m e n t s , t h e f i r m m a i n t a i n s t h a t i t t a i l o r s i t s
s t o r e s " t o a p p e a l t o u n i q u e m a r k e t s " b y d e ve l o p i n g m u l t i p l e
formats and designs..
Plan
G a p p l a n n i n g i s t o b e s t o n e i n cl o t h i n g a n d s h o p p i n g m a l l s . .
A l l o ve r t h e wo r l d p a r t i cu l a r y I n E U . .
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Programs
E v e r y c u s t o m e r h a s d i ff e r e n t e xp e c t a t i o n d i ff e r e n t c h o i c e s a n d
d i ff e r e n t f a s h i o n l i k e g a p p r o g r a m s i s t o f u l l f i l l t h e n e e d s o f t h e
c u s t o m e r s . . a c c o r d i n g t o c h o i c e a n d f a sh i o n t h a t w i l l m e e t t h e
r e q u i r e m e n t o f t h a t a n d sa t i s f yi n g t h e c u s t o m e r s i n t h i s w a y g a p
w i l l b e i n t h e p o s i t i o n t o o c c u p yi n g t h e m o s t p a r t o f t h e m a r k e t
Demographics
- D i v o r c e r a t e s i n B r i t a i n h a ve r i s e n d r a m a t i c a l l y, i n c r e a s i n g t h e
n u m b e r o f s i n g l e - p a r e n t f a m i l i e s . T h i s h a s m e a n t f e we r h o l i d a ys
f o r l o we r s o ci o - e co n o m i c g r o u p s w i t h l e s s d i s p o sa b l e i n c o m e ,
a n d m o r e f o r t h e h i g h e r d u e t o b e t t e r f i n a n c i a l r e wa r d s f o r
divorcees.
- W i th b e t t e r h e a l t h c a r e , m e d i c i n e a n d a n i m p r o ve d s t a n d a r d o f
l i v i n g , p e o p l e a r e l i vi n g l o n g e r a n d t h e g r a yi n g m a r k e t i s
b e c o m i n g m o r e a c t i ve . A l so p e o p l e a r e s t a r t i n g f a m i l i e s l a t e r,
c h a n g i n g b o t h t h e f a m i l y a n d l u x u r y h o l i d ay m a r k e t s - T h e
I n t e r n e t h a s e v o l v e d ra p i d l y a n d a l l o ws w i d e r c o n s u m e r
choice. Pe o p l e c a n s e a r c h f o r h o l i d ay s a t t h e i r
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Economic factors
- E c o n o m i c c h a n g e s i n t a x a n d i n t e r e s t r a t e s h a ve a ff e c t e d
l e v e l s o f d i s p o s a b l e i n c o m e m a k i n g i s e a s i e r, a n d m o r e d i ff i c u l t
t o p u r c h a se h o l i d a ys .
- Tr a n s p o r t s ys t e m s h a ve b e c o m e m o r e a c c e s s i b l e a n d c o s t
e ff i c i e n t , a l l o wi n g h o l i d a y c o m p a n i e s t o o ff e r co n s u m e r s m o r e
choice.
Political
- A n e w l e g i s l a t i o n d i r e c t l y a ff e c t i n g f a m i l i e s i s b e i n g i n t r o d u c e d
i m m i n e n t l y, s u b j e c t i n g p a r e n t s t o f i n e s f o r t a k i n g c h i l d r e n o n
holiday during term-time. Holiday companies bump up their prices
i n t h e s u m m e r h o l i d a ys , m a k i n g i t m o r e a p p e a l i n g f o r s o m e
p a r e n t s t o d i s r u p t t h e i r c h i l d r e n ’s’ e d u c a t i o n .
Geographic
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- T h e e ff e c t s o f t h e f i r s t I r a q Wa r a n d t h e a wf u l e ve n t s o f
S e p t e m b e r 11 t h b o t h h i t t h e h o l i d a y i n d u s t r y h a r d . T h o m a s C o o k
t o o k m a s s i ve l o s s e s d u r i n g t h o s e t i m e p e r i o d s a n d c o n su m e r
c o n f i d e n c e w a s a t a n a l l t i m e l o w. H o we ve r a s t h e t h r e a t f r o m
Te r r o r i s m b e c o m e s i n c r e a s i n g l y m o r e l i ke ‘ th e w a y o f l i f e ’ ,
h o l i d a ym a k e r s a r e t e n d i n g t o a b a n d o n o ve r s e a s h o l i d a ys m u c h
l e s s n o w.
- C h a n g e s i n t h e s t r e n g t h o f d i ff e r e n t cu r r e n c i e s h a s a ff e c t e d
w h e r e p e o p l e i n t h e l o we r s o c i o - e c o n o m i c g r o u p s h o l i d a y, a s t h e y
are looking to get more for their money
Customer segmentation
Segmenting:
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T h e j m c f a m i l y h o l i d a ys p r o d u c t m a r k e t i s s e g m e n t e d i n t o
d i ff e r e n t t yp e s o f f a m i l y s t r u c t u r e s , a n d t h i s i s r e f l e c t e d w i t h i n
t h e b r o c h u r e b y t h e wa y i t ’s w r i t t e n a n d t h e i n f o r m a t i o n i t
p r o v i d e s . A s t a t e m e n t l o c a t e d o n t h e i n s i d e c o ve r o f t h e
b r o c h u r e , se e A p p e n d i x 3 , s h o w s t h e co n s u m e r e xa c t l y wh a t t h e y
c a n e xp e c t f r o m t h i s p r o d u c t a n d t h e k i n d o f s e r vi c e t h e y wi l l
r e c e i ve wh i l s t p u r c h a s i n g . Yo u c a n se e f r o m t h e w o r d s
h i g h l i g h t e d a l l t h e c o r e va l u e s o f t h i s b r a n d su c h a s f l e xi b l e ,
value and choices.
Targeting:
A l s o f r o m t h e h i g h l i g h t e d wo r d s r e l a x, p l a y, f u n a n d b e s t h o l i d a y
e v e r i n A p p e n d i x 3 , yo u c a n s e e h o w t h i s p r o d u c t s p e ci f i c a l l y
t a r g e t s t h e f a m i l y- t yp e c o n s u m e r a n d m a t ch e s t h e i r h o l i d a y
d e s i r e s . T h e s t yl e s o f h o l i d a ys i n c l u d e d w i t h i n t h e b r o c h u r e a r e
t a r g e t e d t o wa r d s t h e C 2 a n d D s o ci o - e c o n o m i c g r o u p s – m o s t l y
E u r o p e a n ‘ s u n h o l i d a ys ’ a t a n a ff o r d a b l e p r i c e .
Positioning
T h e j m c b r a n d h a s p o s i t i o n e d i t s e l f w i t h i n t h e m i d d l e l e ve l o f t h e
m a r k e t i n t e r m s o f p r i ce a n d q u a l i t y o f p r o d u c t . T h e b r o c h u r e
s t a t e s t h a t i t o ff e r s va l u e f o r m o n e y a n d e xc e p t i o n a l q u a l i t y a n d
w h e n r e vi e wi n g h o l i d a y p r i c e s , t h e y’ r e n e i t h e r c h e a p , n o r
e x p e n s i ve . T h i s p r o d u c t a p p e a l s t o i t s c o n su m e r s a s i t r e p r e s e n t
q u a l i t y, s a f e t y a n d a c t i vi t i e s f o r a l l t h e f a m i l y.
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Marketing Mix
G a p i s m a n a g i n g a l l t h e f o u r e l e m e n t s o f t h e m a r ke t i n g m i x g a p
is the
P r o d u c t p r i ce p l a c e m e n t a n d p r o m o t i o n t o i n c r e a s e t h e i r
r e v e n u e s a n d t h e i r m a r ke t s h a r e … .
Characteristics
Products
Products features
F e a t u r e o f g a p i s p r o vi d i n g va r i e t y o f we a r i n g t h e a p p a r e l l i k e
garments shoes for all ages of people and ganders gap
s u b s i d i a r i e s l i k e o l d n a v y a n d p i p e r l i m e a r e p r o vi d i n g g a r m e n t s
a n d s h o e s m a t ch t o t h e m o d e r n wo r l d . . A s m o s t o f t h e w o r l d
c o n s i s t s o f m i d d l e c l a s s p e o p l e s o t h e p r o d u c t s p r o vi d e d b y g a p
h a v i n g r e a s o n a b l e p r i c e s … . i t i s a l s o p r o vi d i n g a l so o n l i n e
s h o p p i n g s e r vi c e s …
Core product
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W h e n G a p wa s f o u n d e d i n 1 9 6 9 , i t s c o r e p r o d u c t wa s b l u e
levies jeans and white T shirt. With the passage of time it
increased its business and made the core products for all the
d e m o g r a p h i c s o f s o ci e t y… . .
13
Product Line:
Price
14
G a p d e t e r m i n e i t p r i c e s a c c o r d i n g t o i t s c o m p e t i t o r s a n d a l so
according to geographic and demographics… in geographic
p r i c e s o f c o m m o d i t i e s a r e d i ff e r e n t f r o m p l a ce t o p l a c e l i k e p r i c e s
i n u n i t e d s t a t e , A si a , u n i t e d k i n g d o m
A r e d i ff e r e n t a c c o r d i n g t o t h e e c o n o m i c s o f p e o p l e l i vi n g i n t h e s e
a r e a s . C o m p e t i t o r s p o i n t o f vi e w g a p a d j u s t i t s p r i c e s t o c a p t u r e
t h e m a r k e t i n p r o vi d e t h e va l u e o f p r o d u c t s . .
Regular Price $44.50 Regular price $ 29$ Regular Price $44.50 Regular Price $88.00
Place
15
Promoti on
G a p ' s p r o m o t i o n s t r a t e g y h a s b e e n b l a m e d f o r t h e co m p a n y' s
bust. Due to lack of a clear message, it has been alleged that
..
G a p h a s l o s t c o n t a c t wi t h i t s co r e c u s t o m e r s wh i c h t h e c o m p a n y
i s a t t e m p t i n g t o wi n b a c k . G a p i s t h e o n l y n a t i o n a l r e t a i l e r t o
s p e n d m o r e t h a n 2 % o f i t s m a r k e t i n g b u d g e t f o r o n l i n e m a r ke t i n g .
A s a r e s u l t , t h e c o m p a n y' s e - c o m m e r c e we b s i t e h a s b e e n c i t e d
n u m e r o u s t i m e s a s a m o d e l o f s t yl i s h e ff i c i e n c y. G a p p r o m o t e s i t s
p r o d u c t s t h r o u g h g i f t c a r d s , c a t a l o g s a d ve r t i s i n g p r o g r a m s o n T V
c h a n n e l s a n d m a g a z i n e s . G a p t r i e s t o p o s i t i o n i t s e l f a s a s t yl i s h
c a s u a l we a r r e t a i l e r i n a f a i r p r i ce . H o we ve r, i t s m a r ke t i n g e ff o r t s
t o r e a c h o u t t o u p p e r c l a s s , l u xu r y c o n s u m e r s i s b l a m e d f o r r e c e n t
p r o b l e m s i n t h e c o m p a n y.
I n a d d i t i o n , G a p ' s g a r m e n t d e s i g n s a n d p r o d u c t s va r i e s f r o m
N o r t h A m e r i c a a n d We s t e r n E u r o p e . P r o d u c t s s o l d i n t h e U n i t e d
K i n g d o m a n d We s t e r n E u r o p e a r e t a r g e t e d t o wa r d s a E u r o p e a n
s e n s e o f s t yl e , wh e r e a s t h e G a p ' s N o r t h A m e r i ca n g a r m e n t s a n d
a c c e s s o r i e s a r e d e si g n e d p a r t i c u l a r l y f o r N o r t h A m e r i c a n s .
17
SWOT ANALYSIS
STRENGTH
D e ve l o p e d t e c h n i q u e s
G a p h a s D e ve l o p e d t e c h n i q u e s f o r d e a l i n g w i t h m a j o r a r e a s o f
H R , j o b e va l u a t i o n , p s yc h o m e t r i c t e s t i n g a n d b a s i c t r a i n i n g w h i c h
i s n o t s o e ff c e n t l y a va i l i n g t o h i s c o m p e t i t o r s .
Excellent location
G a p h a s s t r e n g t h o f i t s e xc e l l e n t l o c a t i o n o f i t s s t o r e s wh i c h a r e
m o r e a t t r a c t i ve a n d a r e a t m a i n m a r ke t p l a c e s … . . I n P a k i s t a n i t
h a s m a d e i t s s t o r e i n I s l a m a b a d i n t h e m a i n m a r ke t a r e a .
We l l d e s i g n e d s ys t e m :
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W i t h i t s l o n g t e r m e xp e r i e n c e i t h a s w e l l d e s i g n e d s t o r e s i n t h e
w o r l d . . Va l u a b l e s ys t e m o f i t s s t o r e s i n t h e wo r l d . I t s h a s
d e s i g n e d t h e s t o r e s m o r e a t t r a c t i ve .
Qualified in
G a p E n t h u s i a s m , e n e r g y, i m a g i n a t i o n , e xp e r t i s e i n su b j e c t a r e a ,
e x c e l l e n t t r a c k r e c o r d i n s p e ci a l i z e d a r e a
Weaknesses
R e a c t i ve :
G a p i s R e a c t i ve r a t h e r t h a n p r o - a c t i ve ; n e e d s t o b e a s ke d r a t h e r
t h a n d e ve l o p i n g u n so l i ci t e d i d e a s
D r i ve thr ou gh
GAP does not have a drive through in its each stores. But they
are doing best to overcome on their weakness of drive through.
Opportunities
19
Effectiveness
D u e t o N e w m a n a g e m e n t t e a m , t h a t h a s i m p r o ve d o ve r a l l
o r g a n i z a t i o n a l e ff e c t i ve n e s s t h r o u g h o r g a n i za t i o n a l d e ve l o p m e n t
and cultural management programmes
Brand name
N ew m o d e r n s t y l e s :
G a p h a s o p p o r t u n i t y o f i t s d e si g n e r s wh i c h d e si g n t h e n e w s t yl e s
which are according to modern age. Gap designs its product
a c c o r d i n g t o t h e cu s t o m o f a n a r e a . . .
Threats
Competitors
G a p h a s a t h r e a t f r o m i t s c o m p e t i t o r s l i ke p e s t wh i c h i s
i n c l u d e d i n t h e wo r l d wi d e b r a n d s .
De-centralization
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D e - c e n t r a l i za t i o n o f G a p h a vi n g t h e e ff e c t o f r e m o vi n g
d e p a r t m e n t s wh e r e t h e i n d i vi d u a l i s e m p l o ye d a n d e l i m i n a t i n g
m i d d l e m a n a g e m e n t l a ye r s t o f o r m f l a t t e r s t r u c t u r e o f
organization...
Employees
G a p i s f a c i n g t h r e a t f r o m i t s e m p l o ye e s o f i n c r e a s i n g t h e i r
salaries…
Top competitors:
Others include:
Buying behaviour:
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B u yi n g b e h a vi o r m e a n s r e sp o n s e o f p e o p l e t o wa r d s a p r o d u c t a s
p e o p l e i n t h e wo r l d h a s n o t s a m e n a t u r e . S o t h e y r e s p o n d
d i ff e r e n t t o t h e p r o d u c t b u t we o b se r ve d t h e m o s t c o m m o n
a t t i t u d e o f t h e p e o p l e t o t h e p r o d u c t wa s va r i e t y s e e k i n g
b e h a vi o u r b e c a u s e l o w i n vo l ve m e n t a n d h i g h d i ff e r e n c e a m o n g
b r a n d s i s o c c u r r i n g . . . a s g a p i s p r o vi d i n g d i ff e r e n t va r i e t y o f
p r o d u c t s a t l o w l e ve l p r i c i n g . .
Significant
Complex buying
Difference Varity seeking behaviour
behaviour
Between
Brands
Between
Brands
Gap brands
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Founded in 1969 by Donald Fisher, the name originated from the phrase. The
generation gap
Gap, Incorporated
Gap offers iconic American style to customers of all ages. it provides products to
youngsters ,kids,ladies,gents of wearing apparel garments.
Pictures
Accessible luxury.
Bracelet
Old Navy was launched in1994, as a value chain with specialty flair. Forth and
Towne, the company's fourth traditional retail concept, was launched on August
24, 2005, in the Palisades Center inWest Nyack, New York, featuring apparel
targeted toward women 35 and older .Old Navy is a brand of clothing and chain
of stores owned by Gap, Inc., Old Navy’s corporate operations are within Gap in
San Francisco and San Bruno, California. It is one of the first major corporations
to house headquarters in the new Mission Bay district of San Francisco.
Piperlime, was created in 2006. the basic product of piperlime are shoes for all
ages of the people. It provides online services for shopping.
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One flow in 4 ps
Basic flow in the 4 ps of the gap was found that is does not make care
relationships with its core customers
Product life cycle indicates the promotion of the product. when a product is
launched its requires just expenses but with the passage of time when the
product grommes in the market profit starts now the position of the gap is in the
product life cycle is at gromme period which is its maturity point…
Sales and
Sale
Profits
Profit
T
Product Introductio Growt Maturit Declin
Develop
-
ment
Losses/
Investments