Answer of Question# 1
About the brand: History
Gucci is an Italian luxury brand. It is one of the most
influential luxury brands in the world. Initially, it
started with fine leather crafted accessories –
handbags, shoes (famous for loafers), and knitwear
and silks with an iconic unique pattern that can still
be seen today.
In 1999, 42% stake of the Gucci group was
purchased for $3 billion by the French Pinault-
Printemps-Redoute (PPR), now known as Kering
Group. Gucci is a company that is known to preserve
its heritage while incorporating modern styles in its
range. It has become one of the world’s most Founder of Gucci
successful manufacturers of high-end leather goods,
clothing, and other fashion products.-
toughnickel.com
Gucci today offers various product categories – leather
goods, shoes, ready-to-wear, watches and jewelry, and
beauty products. The unique selling proposition (USP) of
Gucci is its exquisite Italian craftsmanship, providing
customers with high-quality products and great attention to
the design of its products.
“Influential, innovative and progressive, Gucci is
reinventing a wholly modern approach to fashion”.
Gucci.com
CBBE Model of Gucci:
6-Resonance
4-Judgment 5-Feeling
2-Performance 3-Imagery
1-Salience
Brand Identiy:
1- Salience: Broad and deep awareness, high
recognition and moderate recall
heritage brand,active on social
media
Brand Meaning:
2- Perormance: high quality, Modern,
duarable and luxucios
products,high prices
3- imagery:Association with
italian,Heritage,tradition,
emphasize luxury
Brand Response:
4- Judjement
Overpriced, valuble products
5- feeling
Heritage,tradition, emphasize
luxury
Brand Relationship:
6- Resonance: fashion show, high loyalty of
customers ,More social media interaction,
florence-based call center provide expertise
of GG shops, customer engaged. -
vogebusiness.com
Components of Brand Equity:
Brand awareness:
Brand Knowledge:
Perceived Quality:
- Reliabulity
- Tangibilty
- Responsiveness
- Assurance
- Empathy
Brand Image:
Brand Loyalty:
Staging retro Branding of Gucci:
- Allow for rediscovery
- Connect with timeless customers values
- Stay true but contemporize:
Gucci is revisiting 1960s handbags and other classics
in its latest collection, mixing them with up-to-the-
minute sneakers and logoed skateboards
- Build community