Victoria's Secret

Paper Summary:

The secret behind the success of Victoria's Secret seems to be its brand recognition, its excellent quality and its ability to identify a correct market. This paper studies the company's past and future promotion campaigns and illustrates its target markets and budgets.
Table of Contents
Executive Summary
Target Market
Product
Price
Place
Promotion
Budget
Summary
Works Cited

From the Paper:

"The key strength of Victoria's Secret is brand recognition and brand loyalty. It's massive advertising campaigns have been largely successful due to the brand equity of the product. Victoria's Secret products make their customers feel sexy and good about themselves.
The upcoming launch of the new swimsuit line will mark the entrance of Victoria's Secret into a new area. It has had great success with the launch of its bra lines and was a leader in the introduction of thong underwear. Thong underwear was a risky product line, especially considering more conservative customers. However, sales have increased every year since its introduction. The key to this success was due to the already established customer loyalty. "

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