Additionally, Chanel, going into diversification, has extended its market to the fashion, accessories, jewellery, make up and exclusive watches market. This in order to extend its market and therefore be more present by diversification.
We would have to
say that one of the key factors of success and brand equity is the fragrance
and reputation grown since early XXth century. Additionaly, as you may know, bottles are an
important part when branding a perfume, in the case of Channel, we don’t see
much innovations in bottling, this, because, Chanel has as main attribute its
fragrance and reputation and in 2nd place it is recognized of course
from the bottle with what it was born. Chanel, this way, sticks to tradition
and as well, somehow incorporating to the brand, the bottle itself. Who doesn’t
think in Chanel, when thinking in this crystal, square shaped bottle?
Chanel, apparently has not tried to
diversify their fragrances and format far from Chanel No 5. The only innovation that we could see is the round shaped bottle for Chanel Chance...trying to give something different to their audience...
Below their fragances: N°5, Coco Mademoiselle, Chance, Chance Eau Fraîche, Chance Eau Tendre, Allure, Allure Sensuelle, Cristalle, Cristalle Eau Verte, Coco and N°19
Below their fragances: N°5, Coco Mademoiselle, Chance, Chance Eau Fraîche, Chance Eau Tendre, Allure, Allure Sensuelle, Cristalle, Cristalle Eau Verte, Coco and N°19
After the previously mentioned, below you may find a model by Kapferer to describe the brand's identity; we have applied in this case to Chanel. It includes external and internal attributes of the brand.
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