Promotion campaign for the Spring Collection 2012 of Swarovski Assignment

Promotion campaign for the Spring Collection 2012 of Swarovski - Assignment Example The report would involve several criteria to select promotional tools, and goal setting programmes performing the role of a sustainable marketing plan. The prime intention of conducting this report will emphasise on increasing the annual turnover of the company’s crystal business which recently was recorded to surpass its EUR 2 billion benchmark in the year 2010. In the year 2011, the company was recorded to earn revenue of EUR 2.22 billion from this particular business segment attaining around 10% growth. Notably, this segment can be regarded as the most competent one with further growth prospects which is aimed to attain a growth rate of 15% in the fiscal year of 2012. Hence, this particular objective can be attained with due significance to effective and aggressive promotions of Swarovski’s seasonal collections which is quite famous worldwide and tends to attract the fashion lovers from the elite groups all around the world. Swarovski’s target customers, speci fically for the campaign regarding their Spring Collection, are observed to be the young people of the society and the niche sector. It is due to the fact that most of the products under the latest collection are designed in a manner which is more attractive to the young generation and tends to satisfy their desires regarding fashionable accessories to a large extent. Moreover, the price and the features of the products are mostly preferred by the niche fashion lover people of the society who can be stated as the secondary targeted customer group for the Spring Collection 2012 of Swarovski. ... Hence, this particular objective can be attained with due significance to effective and aggressive promotions of Swarovski’s seasonal collections which is quite famous worldwide and tends to attract the fashion lovers from the elite groups all around the world. 2.0 Stakeholders Analysis 2.1. Customer Analysis Swarovski’s target customers, specifically for the campaign regarding their Spring Collection, are observed to be the young people of the society and the niche sector. It is due to the fact that most of the products under the latest collection are designed in a manner which is more attractive to the young generation and tends to satisfy their desires regarding fashionable accessories to a large extent. Moreover, the price and the features of the products are mostly preferred by the niche fashion lover people of the society who can be stated as the secondary targeted customer group for the Spring Collection 2012 of Swarovski. Furthermore, Swarovski also targets the teenage group as its target customer group offering a versatile blend of designs and colours in the crystal products (Swarovski, 2012). It is in this regards, that the promotional campaign will be planned taking into concern the preferences of the young generation as the majority proportion of the targeted customers of Swarovski tend to belong from this market segment. The campaign will thus fundamentally focus on the young customers of the urban areas between the age-group of 15 years (i.e. the teenage group) to the age group of 27 (i.e. the young generation). Moreover, as the product range tends to focus on the female section of the targeted population to a large extent, the promotional campaign will also be developed taking this certain fact