20.06.2014 Views

Fashion Marketing: Contemporary Issues, Second edition - Pr School

Fashion Marketing: Contemporary Issues, Second edition - Pr School

Fashion Marketing: Contemporary Issues, Second edition - Pr School

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Retail brand marketing in the fashion industry 109<br />

If the individual customer is at the centre of commercial activity, then no<br />

part of an organization will be able to opt out of the ‘customer satisfaction’<br />

process. If marketing is ‘everyone’s responsibility’ then it is no one’s specific<br />

function. Does this explain why many successful retailers do not have a<br />

Board level <strong>Marketing</strong> Director and also why there is such a rapid turnover<br />

of <strong>Marketing</strong> executives elsewhere in the retail industry?<br />

Once suppliers appreciated that they had to position, rather than just sell,<br />

their products, the concept of brand management developed, and with it, the<br />

idea that ‘marketing’ should orchestrate the other functions of a business.<br />

The 1970s and 1980s saw the growth of large marketing departments and the<br />

development of ‘strategic’ marketing plans by many British retailers. This<br />

author was himself appointed to the first marketing designated role in a leading<br />

fashion retailer in the early 1970s. During the course of the 1990s, we have<br />

seen a fragmentation of consumer markets and the introduction of new technologies<br />

which clearly transcend the remit (and often the understanding) of<br />

retail marketing departments. As a result, the marketing function has become<br />

increasingly sidelined. Emphasis has shifted from promoting the product to<br />

capturing and retaining the customer, and decisions on product range, pricing,<br />

shop design and so on are seen as too important to be left to the marketing<br />

department. Many marketing functions are now routinely implemented<br />

using various information technologies, and little judgemental input.<br />

Furthermore, as the pace of change has increased, marketing’s emphasis on<br />

research and strategy has often been seen as a constraint to innovation. The<br />

increasing number of retail companies in the UK controlled by private equity<br />

groups has also dictated a lower cost base and faster return on investment<br />

than a research-driven culture will allow. So-called ‘legacy retailers’ like Sears,<br />

Boots, W. H. Smith, Littlewoods, Woolworths and Sainsbury have all traditionally<br />

been heavy users of management research and consulting, which has not<br />

saved them from loss of market share and major restructuring. A philosophy<br />

of ‘learning by doing’ has almost become ‘de rigeur’ for the retail industry,<br />

and even when disciplines are introduced it is accepted that they will have to<br />

be executed concurrently with the project rather than prior to its start, as traditionally<br />

happens in manufacturing industry. Philip Green and Tom Hunter<br />

are examples of the new breed of fleet of foot merchants driving the retail sector<br />

forward. Transitory fashion and lifestyle influences are impacting many<br />

product sectors beyond the clothing industry. In fact, many would say that<br />

they have largely moved on from the clothing industry to influence purchasing<br />

decisions in the home and leisure sectors. These days, it is more profitable<br />

to be ‘roughly right’ and on time than ‘precisely right’ and too late.<br />

Finally, stagnant consumer expenditure and increased competition in many<br />

areas has not helped. Expenditure on research, store design, marketing communications<br />

and especially the new loyalty schemes can be very high, and<br />

hard to justify. <strong>Marketing</strong> professionals themselves complain that traditional<br />

marketing tools ‘no longer work’ and have been slow to put in place robust<br />

measurement techniques which would have enabled them to defend their

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!