Case summary:
Most of the women are interested in wearing high-heeled shoes mainly for their fashionable looks. However, every women is aware of the issues in wearing high heels. For example they do not feel comfortable for anything more than a light walk with short distance and for other activities they would have a second pair of shoes.
The DN Convertible heels enters to the market for this reason. The DN Convertible heels is created by a women who had faced difficulty after a hard night of dancing. The shoes are convertible to anyone of four heel sizes from low-heeled pumps to spiked-heeled stilettos.
The interchangeable heels will convert the high heels into a high-tech plan. Beyond introducing the line of shoes the DN Convertible heels is planning to license the technology to other manufacturers.
Characters in the case:
- DN Convertible heels
Introduction:
A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs. A company gets new products in two ways. One is acquisition and another one is developing a new product.
To determine: Whether the DN Convertible heels are likely developed on the basis of the stages of new product development.
Want to see the full answer?
Check out a sample textbook solutionChapter 9 Solutions
Principles of Marketing, Student Value Edition Plus MyLab Marketing with Pearson eText -- Access Card Package (17th Edition)
- According to its website, Polyvore polyvore.com is a community site for online fashion and style where users are empowered to discover and develop their style and possibly set fashion trends. Users do this by creating “sets” which are shared across the Web. The company collaborates with prominent brands such as Calvin Klein (calvinklein.com), Lancome (lancome-usa.com), and Coach (coach.com) and retailers such as Net-a-Porter, to drive product engagement; the user-generated fashion products on its site are then judged by community members and by celebrities such as Selena Gomez and Katy Perry. Today, the company is also using mobile technologies. For example, it has a new app for that will automatically suggest and mix selected fashions (see venturebeat.com/2015/04/07/polyvores-new-mobile-app-chooses-outfits-for-you). Note: Some celebrities, such as Blake Lively, post their own products for sale on the site. The story of the now-profitable Polyvore is described in detail by Silverbean…arrow_forwardWhat movies, plays, tv shows, and music videos have had an effect on current fashion trends? If you were a buyer for juniors or young mens apparel, how would the above affect your decisions of what to buy?arrow_forwardwhat is strength and threat. please give exapline of strenth and threat from the article. https://www.mma.org/wp-content/uploads/2018/07/adv_vol25-4_ftr3_somerville_fit_0.pdfarrow_forward
- Who would buy a Bijan handbags when there is LV or Prada bags around?arrow_forwardWhat are the main challenges facing a luxury fashion brand? as CEO, what actions would you take to deal with these challenges?arrow_forwardYou are student at an university and your lecturer ask you to do a Product Offering, critical issues and key to success for an company that sells sanitary panties for women. Explain each category thoroughly.arrow_forward
- What is meant by sales allowances?arrow_forwardEash is a lifestyle e-tailer with two brands-Alpino and FBX.Both these brands are present in offline as well as online marketplace with more than 300 SKUs.The product line includes Audio and mobile accessories. Your client Tissot is a Swiss watchmaker that manufactures and markets brand name watches in the $200 to $2,000 price range. The company was founded in 1853 by Charles-Félicien Tissot and his son Charles-Émile Tissot in the Swiss city of Le Locle. Tissot has been a member of The Swatch Group Ltd. since 1983, the largest watch producer and distributor in the world. Today, the company is still based in Le Locle, Switzerland and Tissot watches are marketed in 160 countries around the world. Tissot watches are currently classified by Swatch Group as “mid-range market” products. Prior to the ubiquity of the Internet and E-commerce, Tissot distributed its watches through two channels: department stores and specialty watch stores. In the last few years, it has also been offering an…arrow_forwardIn addition to the give-back program, Bombas socks are attractive to consumers because they Multiple Choice are made of entirely natural and vegan ingredients. are among the least expensive products available. have been engineered for superior comfort. are conveniently sold in mass merchandise stores like Walmart and Target. are considered the most fashion-forward in the category.arrow_forward