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Market research by Maria Buzina 10a
Paper Town
Paper town is a British fashion brand, which is specialized on clothes for young people. It is 3 years old. Stores are situated in 10 European countries and 5 Asian countries. There are more women clothes, about 4:5 for men and women. The style is modern and fashionable. Main customers are young people.
Age breakdown of customers
Age group by % Last year This year
16-18 | ||
18-25 | ||
26-35 | ||
36+ |
Recent Market Research
A large sample of 16-35-year-old men and women were interviewed. All people are from different backgrounds, some of them are studying in school or in university, some of them had successfully completed higher education.
I often visit Paper Town | Agree 60 | Disagree 40 | Don’t know 0 |
I usually find what I need there | Agree 35 | Disagree 60 | Don’t know 5 |
Paper Town is near my house | Agree 45 | Disagree 25 | Don’t know 30 |
Paper Town is too expensive | Agree 15 | Disagree 80 | Don’t know 5 |
Paper Town is fashionable | Agree 75 | Disagree 10 | Don’t know 15 |
Paper Town is for my generation | Agree 75 | Disagree 20 | Don’t know 5 |
People look cool and sophisticated in Paper Town | Agree 60 | Disagree 15 | Don’t know 25 |
I will go to Paper Town again | Agree 80 | Disagree 5 | Don’t know 15 |
New necklace
Price: Medium
Name: Lucy in the sky with diamonds
Image: urban and retro
Sold in: department shops, airport shops, available in souvenir shops of British hotels and specialist boutiques.
Advertising: a young girl (famous young model who is popular among young adults) posing for a photo shoot on the white background. She is smiling and laughing. We can see the flashes of the cameras.
Our company wants to show style and life of a person, who wears our clothes and accessories. This advertisement will appear in magazines for teens and on the TV. Our slogan is “Paper Town is full of fashion ”.
Promotion:
· If you buy a bag and a T-shirt you get necklace for free.
· If your purchase coasts more than 100£ you get a 20% discount for the next purchase
Advices:
· produce more varied goods
· add other items except apparel and, accessories (perfume, home goods)
· More advertising in fashion magazines
· Seasonal sales and discounts
· Work together with a hotel chain
· Make a collaboration with famous designer
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