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BMM 2021 Assignment

This document outlines a group assignment to analyze the merchandising philosophy and strategy of a major apparel or accessory brand. Students are asked to select a retail brand, research relevant information like annual reports and brand website, and prepare a PowerPoint presentation considering questions like the brand's target audience, image, use of technology, global presence, location strategy, merchandising approach, pricing strategy, and challenges. The presentation will be evaluated based on creativity, coverage, depth, and integration of information as well as individual factors like first impression, communication skills, and understanding of material.

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112 views

BMM 2021 Assignment

This document outlines a group assignment to analyze the merchandising philosophy and strategy of a major apparel or accessory brand. Students are asked to select a retail brand, research relevant information like annual reports and brand website, and prepare a PowerPoint presentation considering questions like the brand's target audience, image, use of technology, global presence, location strategy, merchandising approach, pricing strategy, and challenges. The presentation will be evaluated based on creativity, coverage, depth, and integration of information as well as individual factors like first impression, communication skills, and understanding of material.

Uploaded by

Retail
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Buying and Merchandising Management

Group Assignment
Objective:
Develop an understanding of the Merchandising Philosophy & Strategy a major apparel or accessory
brand.

Process:
1. Select a retail brand (apparel or accessory) that you find interesting.
2. Check that sufficient information is available such as annual reports, brand website and current
happenings information.
3. Collect relevant information.
4. Prepare a PowerPoint presentation

Questions to consider while preparing the presentation


1) Who is the target audience? (demographic and psychographic) How does this compare to the
competition?
2) What image does the brand want to convey? How do they attempt to position themselves in the
minds of consumers in the market? What is their current image in the industry and in the minds of
consumers? Is this image working for them? How does this compare with the image of competitors?
3) How do they make use of technology (web and ecommerce, supply chain management, information
systems, etc.)? How has technology affected the way they conduct business?
4) What is their global presence and strategy? What countries have they entered? How successful have
they been expanding into these countries? What obstacles have they faced?
5) What is their location strategy? Why have they chosen this strategy?
6) What is their approach to managing human resources? (if this info is available)
7) Describe their merchandising strategy – how they buy, what they buy, breadth vs depth of
merchandise, etc. How is it reflected in their financial strategy?
8) What is their pricing strategy and how does this affect their profitability?
9) Describe their approach to advertising and sales promotions. Has it been effective for them?
10) What challenges does your retailer face in terms of the retail strategy variables just described? Do
some appear to be working better than others?

Evaluation Parameters:
Group Level
1. Creativity in presenting the information
2. Coverage of the various aspects
3. Depth of information presented
4. Integration of the various factors
5. Teams input and interpretation
Individual
1. First Impression/Image/Virtual Appearance
2. Verbal Communication/ Tone/ Energy
3. Non verbal Behaviour/Body Language/Confidence
4. Understanding of the material presented

Presentation:
 Date: 14th and 15th August
 10 minutes per team
 Each member of the team has to present some part of the presentation
 Number of slides is not important, adherence to time is important

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