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Market research by Maria Buzina 10a



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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