In order to get their magazine into
as many consumer hands as possible, while continuing to pursue high yield sales
through various innovative means, Vogue continues to follow a diverse,
multifaceted, retailing strategy that seems exceptionally able to grow and
change along with the evolving market. Vogue can be easily found at most all
types of retail operations including specialty stores (Book Stores), super
markets, drug stores, convenience stores, and department stores. Such wide
ranging retail outlet operations help sustain Vogue’s strong market presence
while keeping hard copy sales of the magazine at competitively high levels.
A good deal of Vogue’s greatest
retail success has come from direct mail retailing via subscription customers.
Subscriptions are made very accessible to Vogue’s target market through both
easy electronic retail methods on the magazines web site, Amazon, and other web
sites, as well as through the more traditional mail in subscription request
cards which continue to bolster overall sales with middle aged and older
readers.
As a primary component of its
retail marketing strategy Vogue has very clearly defined its target market:
modern women seeking to enhance their own unique identities through fashion,
beauty, and cultural awareness. In recent years retail marketing strategies
have expanded to include men, teenagers, and many culturally unique fashion
cultures in cities all over the world.
As for Vogue’s retail promotion strategy,
various fun, innovative events have continued to promote the magazine’s
supporters and overall customer base. Every year Vogue holds Fashion Night Out
in New York’s fashion district, attracting celebrities, buyers, investors, and
a spectacular amount of fanfare and publicity. More recently Vogue UK has begun
holding Fashion Night In events, which focus on promoting one night online
fashion sales events where online shoppers can enjoy various discounts on high
end brands at specific times throughout the live, radio and internet broadcast
event. London’s Fashion Night In has
proven to be hugely successful and seems to effectively compliment New York’s
Fashion Night Out event, demonstrating that Vogue has what it takes to keep
raising the bar in both the brick and mortar as well as online retail arena.
No comments:
Post a Comment