G A P Emily Bowden, Megan Chappell, Foster Clark.
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Transcript of G A P Emily Bowden, Megan Chappell, Foster Clark.
History• Dan & Doris Fisher opened first store in 1969• Two goals: To create an easy, memorable
experience for the customer, and to offer a selection with many fits and styles
• The name “The Gap” refers to the generation gap between children and adults of the time
History, cont.
• First store located on Ocean Avenue in San Francisco, California, where it sold Levi’s and records
• Began a store-is-brand concept in 1982, and a decade later ceased to carry any other brand but its own
Today• Single store grew into major
company which oversees Old Navy, Banana Republic, Forthe & Towne, Piperlime, Gap brands and sub-brands
• Over 3,100 Gap Inc. stores in five countries
• Headquarters remain in San Francisco
• 2006 Business Ethics Magazine Top 100 Company
• 2005 & 2006 Top 30 Companies for Executive Women
• 2007 CRO Magazine 100 Best Corporate Citizens
Mission Statement• “Gap is a brand-builder. We create
emotional connections with customers around the world through inspiring product design, unique store experiences and compelling marketing.”
Target Market
• Diverse group of men and women
• 17 – 35• $30,000 - $60,000• Moderate price zone• Medium-sized to largely
populated metropolitan areas• “Cool, confident, casual”
Marketing Mix - Product• Women
– Jeans, pants, capris and shorts, skirts and dresses, outerwear, sweaters, shirts and T-shirts, activewear, swimwear, sleepwear undergarment
– Accessories include bags, shoes, belts, socks, hats, cold weather gear
– Petite and tall sizes– Sizes XS – XXL, 0 - 20
• Men– Jeans, pants, shorts, T-shirts, polos, sweats,
shirts, sweaters, outwear, underwear– Tall sizes– XS – XXL, 28 – 48W, 28 – 38L– Accessories include shoes, bags, belts, cold
weather gear
Marketing Mix – Product, cont.
• Private label• Exclusive distribution• Five stage production process
– 1. design and merchandising– 2. planning and sourcing– 3. production and marketing– 4. distribution– 5. sales and analysis
Marketing Mix - Price
• Moderate wholesale price zone
• Odd, multiple-unit, and high/low pricing
• Women’s– $16 tank top, $65 jeans, $200
handbag
• Men’s– $20 T-shirt, $35 polo, $85 jeans
Marketing Mix - Place• 1,500+ locations in 5 countries
– US, UK, Canada, France, Japan
• Shopping malls, lifestyle centers
• Limited marketing channel
Closest Locations• Salem Centre
480 Center St NESalem
• Valley River Center 219 Valley River Ctr. Eugene
Marketing Mix – Promotion
• Print and television advertising
• Billboards
• Gap credit card
Product RED
• Joint effort with U2’s Bono and Bobby Shriver to fight AIDS in Africa
• Partnered with American Express, Giorgio Armani, Converse
Product RED, cont.
• Portion of Product RED merchandise proceeds go towards The Global Fund
• Initially 100% African made T-shirts
• Currently wide variety of products
Competition• Intratype
– Abercrombie & Fitch, American Eagle, J.Crew
• Intertype– Department stores
• Macy’s, Nordstrom– Online retailers
• ShopBop
Store Layout & Design• Free-form/boutique layout
• Centrally located cash wraps
• Rounders, straight racks, frontal displays
• Ambiance– light, fresh, welcoming atmosphere
Bibliography• Gap Inc. (n.d.a). For landlords and developers. Retrieved February
27, 2007 from http://www.gapinc.com/public/Investors/inv_re_landlords.shtml.
• Gap Inc. (n.d.b). How are clothes are made. Retrieved February 6, 2007 from http://www.gapinc.com/public/About/abt_howourclothesaremade.shtml.
• Gap Inc. (n.d.c). Our brands. Retrieved February 6, 2007 from http://www.gapinc.com/public/OurBrands/brands.shtml.
• Gap Inc. (n.d.d). Store count. Retrieved February 27, 2007 from http://www.gapinc.com/public/Investors/inv_re_storecount.shtml.