Bench Case Study
Bench Case Study
Bench Case Study
by
Bench/ was established in 1987, opening as a small store selling men's T-shirts.
The company has since grown to include a ladies' line, underwear, fragrances,
housewares, snacks and other lifestyle products. Bench Philippines is not affiliated
with Bench UK as Bench Philippines is the original and was founded earlier than
its British namesake.
In August 2016, BENCH NCCC Palawan branch held their grand opening. Bench
NCCC Palawan is the second branch store in Palawan. Since then, there are many
promos and sale products bench held to make their store more attractive.
According to the company website, the vision of the Bench clothing line is "to be a
recognized world brand among the best world brands." Starting as a men's T-shirt
line, the brand now includes a ladies' line with underwear, housewares, snacks and
a large array of other lifestyle products. Bench clothing is still known for its logo-
branded T-shirts as well as its denim, hoodies, belts, dresses and bags.
Along with its products being placed in stores in over 30 countries, the company
also has its own stores in Canada, Spain, Austria, South Africa, Germany, Russia
and more. The Bench clothing headquarters are still in Manchester, England, with
head offices in the Philippines, Canada and the United States. The Bench clothing
line began with a focus on the youthful subculture based in music in Manchester,
and now sponsors festivals and clubs that boast eclectic acts and high energy.
I- PRELIMINARIES
III- OBJECTIVES
Marketing Strategies
Competitors
Promotions
V- ALTERNATIVE COURSES OF ACTION
ACA 1: Giving bundle promo to the customer like Men’s and Women’s
apparel (599.00 for two)
Advantages:
Disadvantages:
Advantages:
Busy location offers a wide variety of potential customers
When you are in a busy area, you have the option of experimenting with
different marketing approaches that can prove to be less expensive but
more effective
Stores that want to launch new products to a company that can create
significant exposure will see your busy area as a prime location for such
a promotion.
Disadvantages:
Very expensive to open a new store
If the location of the new branch is not effective, it may cause losses or
deficit.
VI- RECOMMENDATION
After a detailed study on the increasing branches of BENCH
Competitors such Penshoppe and RRJ, the study identifies Alternative
Course of Action No. 1 as the resolution that has the best way to solve
the given problem.
According to the company website, the vision of the Bench clothing line
is "to be a recognized world brand among the best world brands. The
branches of BENCH are increasing and so its sale.
But despite the successful stores, one of their branch which is the
BENCH NCCC branch in Palawan is now experiencing small sales. One
of the problem is the increasing branches of their competitors such
Penshoppe and RRJ which also has a good choice of location.
So this study help to finally find the best way to solve the problem and
that is to continue Giving bundle promo to the customer like Men’s
and Women’s apparel (599.00 for two).