Marketing Audit of Diesel

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Recommended: The story of jeans

1. Introduction Since 1950s, Jeans have become and continue to be a staple item of clothing in people’s wardrobes as a medium representing stylish identity and identification (Kramer, KR, 2006). People wear jeans for a range of occasions, from staying at home to going outside at a cinema, restaurant or even a working place. As a report from Mintel states, during the year 2006 and 2010, the percentage of adults who bought jeans had remained relatively stable with over half of them ( 51%) purchasing at least one pair in 2010 (Mintel 2010). At a time when the number of brands offering jeans has risen rapidly, Diesel, which has built an entire existence of passion, originality and creativity, emerges as a strong competitor towards the market leader Levi’s, with its daring and provocative style and cuts. Founded in 1978 by Renzo Rosso in Braganza, Northern Italy, the company, Diesel S.p.A, remarkable as an innovative international design company producing a wide-ranging collection of jeans, clothing and accessories with full of originality. Diesel is a leader in pioneering new styles, fabrics, manufacturing methods and quality control to guarantee an outstanding product (Diesel.com). It sales its products in over 80 countries now and employs more than 2000 employers with more than 300 mono-brand stores with more than 5000 outlets available all over the world. However, this list of numbers are way less attractive than the conception that Diesel and its founder persist through last 30 years. The comment from Don Henshall that ‘‘Diesel’s about being an individual, it’s about having a laugh, not taking yourself too seriously, looking at girls and thinking ‘Yeah, I’d love to get in there’’ (marketingmagazine.co.uk, 1996) ha... ... middle of paper ... ...Ethical and Regulatory Issues, Vol.13 (1), pp.75-85 Ian Yeoman; Una Mcmahon-beattie.(2006) Luxury markets and premium pricing. Journal of Revenue & Pricing Management, Vol.4 (4), p.319 Allsop, J. (2004) Premium pricing, paper presented at the Future Foundation Changing Lives Conference, 2nd December, Queen Elizabeth Conference Centre, London. Michael R Solomon; Bradley Barnes. (2009) Marketing: real people, real decisions (1st Edition). Harlow : Pearson Education Limited pp.492-494 Philip Kotler. (2001) Principles of marketing (3rd European Edition). Harlow: Financial Times Prentice Hall Philip Kotler, Kevin Lane Keller. (2009) Marketing Management (13th Edition). Upper Saddle River, NJ : Pearson Education, Inc. pp.510-513 Philip Kotler, Kevin Lane Keller. (2009) Marketing Management (13th Edition). Upper Saddle River, NJ : Pearson Education, Inc. pp.247-248

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