Ch.7 Business Marketing.
Victoria Secret's business
uses a marketing strategy for the sole purpose of personal consumption.
Victoria Secret pride themselves on their high quality products. While
the other big brand name retailers try to different ways to get into social
media to advertise their products, Victoria Secret is creating excitement
of their own with a network TV holiday fashion show featuring young women
wearing Swarovski crystal-decorated lingerie strutting down a runway in
6-inch heels. Victoria Secret's fashion show is very important to their
business marketing.
It serves as the stepping stone for efficiency. Last
year, they received a high rating with 22.5 million viewers, most of them
were women. The lingerie chain's marketing approach is in sharp contrast
to most industry trends.
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