What's the first thing that comes to our mind, when we think about Jeans? Yes, your guess is right! It's Levi's. The widely famous American clothing brand whose denim jeans are worn by every second person.
Levi's includes a sub-category of four brands, Levi's, Denizens, Signature, and Dockers. The brand is known for its remarkable quality and comfort of blue denim jeans, which holds the status of highest sold brands.
The brand has seen a lot of ups and downs but still, it remained one of the most extraordinary clothing brands across the world. Today, the hype of Levi's is known by everyone. The brand has opted for such an advanced and ultracool marketing strategy that has been a great success.
The 167-years-old blue denim jeans company, Levi's keeps up with the track of every ongoing change that occurs in retail habits. You must be wondering how this company has still such a strong foothold in the market! Levi's follows very extraordinary and advanced marketing strategies that show how people would be shopping in the future.
In order to address such remarkable marketing strategies, we have presented this article, to discuss the marketing strategies of Levi's. Let's get started!
Levi's Product Marketing Strategy
Levi's Distribution marketing Strategy
Levi's Price Marketing Strategy
Targeting and Segmentation Marketing Strategy
Levi's Marketing Analysis
FAQ
Levi's Product Marketing Strategy
When it comes to Levi's products, they are extremely comfortable and of great quality. Through this, the company owns immense popularity in the market and has a huge customer base with loyalty.
Levi's offers such incredible products and services that they don't look elsewhere for purchasing. Its denim jeans are innovative, enough spacious for keeping the necessary stuff and come with double layers for durability.
The most popular Levi's product is its blue denim jeans, however, over the past few years, other products are also gaining prominence.
Besides its fame for denim jeans, Levi's provides a great range of products including skirts, jeans, underwear, shirts, dresses, jumpsuits, belts, accessories, and many others.
Its denim jeans are further categorized in many designs such as Taper, Skinny, Boot cut, Slim, Flare, Relaxed, Moms, and Big and tall. The most unique part is, it associates a three-digit number with its jeans.
Suppose, you find great jeans with a number 201 but in the men's section, then you can find the exact same jeans in the women's section with the number 200. Sounds incredible, right!
Levi's Distribution marketing Strategy
Levi's is entirely distinguished into three major geographical areas: Levi's Strauss Europe, Levi's Strauss America, and Levi's Strauss Asia Pacific. Its Asia Pacific region includes the Middle East countries like Qatar, Oman, Kuwait, and United Arab Emirates as well.
The official headquarters of Levi's is established in San Francisco, United States. Levi's distribution strategies are remarkable. It manages the entire supply chain smoothly as well as the delivery through distribution channels, franchise models and advanced qualified staff.
Its products are delivered through numerous distribution channels. Alongside its holds, several factors owned retail outlets and showrooms within Levi's franchise.
Roshni Tamta
Levi's Price Marketing Strategy
Levi's is a very well-established brand that comes with a great policy of conserving standardly fixed prices across the globe. It's pricing for the pair of denim jeans is measured with tons of factors behind it.
These factors are the demand for products, cost of products, product's uniqueness as well as convenient features, and product's affordability based on the target audience.
Likewise in India, the price of denim jeans ranges from Rs 1299 (for Levi's cost-sensitive customers) to Rs 7000 (customers with luxury).
Its pricing strategy is totally based on the preferences of its customers and that's why it is quite prominent with its services.
Targeting and Segmentation Marketing Strategy
Levi's has developed its strategies through a mix-up of geographic, demographic, and segmentation strategies. This is basically for building distinct types of offerings according to the market and customers' choices.
Levi's opts for mass targeting strategies in order to convince the requirements and needs of its customers. Levi's Market position is quite upright and competitive but at the same time, the brand prioritizes the value of money for the customers. And that's why it influences its customers and gained such a huge base.
Levi's Marketing Analysis
Levi's functions in a very rigorous and competitive marketplace. The market holds a huge counterfeit category of products and services along with various nationwide performers. All these combined are majorly affecting the performance and development of the brand.
However, various other components such as climatic circumstances, Labour expense, and developing lifestyle are some of the central factors that are influencing the marketplace across the globe.
Manav Makhija
Conclusion
Besides being one of the most popular clothing brands across the world, Levi's manages to keep up with its records. The brand follows some of the very significant marketing strategies that have brought incredible results for the company. From products to marketing analysis, Levi's is known for its tremendous strategies that have kept the brand on the top for 167 years. The marketing strategies of Levi's are immensely famous as well as strong.
FAQ
Who is the founder of Levi's?
Levi Strauss founded the popular jeans company Levi's in 1853.
What is the revenue of Levi's?
The annual revenue of Levi's was $5,763 million in 2019.
Who is the CEO of Levi's?
Charles V. Bergh is the current CEO of Levi's.
Author: Pratyusha Srivastava
Source : https://startuptalky.com/levis-marketing-strategy/
Date : 2021-08-27T05:30:00.000Z