• ◘ UNIQUE SELLING POINT: fashion from Spain
• ◘ UNIQUE SELLING POINT: online campaigns
• ◘ UNIQUE SELLING POINT: 100% family owned
• ◘ UNIQUE SELLING POINT: celebrity endorsement
• ◘ Mini collections (25 items) designed by celebrity
• ◘ The presence of stores in prime locations has given MANGO strong footing on terms of overall brand equity
• ◘ MANGO shop assisstants are specifically trained to be personal shoppers
• ◘ “to be present in every city in the world”
MANGO BRAND WEAKNESSES|
• ◘ Lacking competitive strength and not regarding what competitors are doing
• ◘ All MANGO apparel is designed and sourced in Spain which can cause serious concern when it comes to pricing as compared to European counterparts
• ◘ Weak brand image
• ◘ Not using social media platfroms to their full advantage
• ◘ One of the European retailers involved with the Rana Plaza building collapse in Bangladesh in 2013
• ◘ Controversies over product design resulting in lawsuits and considerable criticism from the fashion industry
MANGO BRAND OPPORTUNITIES |
• ◘ Better realisation and understanding of turnover. Improving time between design to sale (Zara is 5 weeks)
• ◘ Social media; twitter hashtags, online competitions. A chance to engage customers with MANGO (Zara’s vulnerabilities include losing the personal customer shopping experience by being a ‘giant’ brand)
• ◘ The introduction of technology; further the Scan and Shop application for iPhone and iPad, technology in store to promote campaigns (film projections)
• ◘ NEW UNIQUE SELLING POINT: perfume, handbag etc. push MANGO further as a lifestyle brand
• ◘ Covering further aspects of product rather than limiting sales to just clothing
• ◘ Branching out to Asian and Indian retail markets. They are largely unsaturated and could result in wide growth for MANGO
MANGO BRAND THREATS |
• ◘ Constantly considered as, (direct competitor and threat), Zara’s shadow, the other main retail giant to emerge from Spain
• ◘ Becoming a boring brand. Advertisements lack originality, concept and affect
• ◘ Low brand loyalty is high in the current fashion environment, MANGO’s bargaining power and brand identity is feeble in this feature
• ◘ Losing recognition and blending into the highly competitive high street womanswear brands
• ◘ A new retail lifestyle brand emerges with an original, and easily recognisable, brand image that is welcomed into the fashion industry by MANGO customers