Sunday, September 16, 2018

Brand Project #2- Kate Spade Benefits

Image result for kate spade logo

Kate Spade

"Live Colorfully"


How will a person who decides to buy/interact with the Kate Spade brand life improve?

Financial:
  • Products are an investment
    • Hand bags and other accessories have timeless and classic designs that they will never go out of style and can use them for years on end
  • The products have high durability
    • The products are made out of very high quality material (mostly leather) which are meant to last for several years
Strategic:
  • Makes women feel empowered in the workplace
    • Through the bold, clean, and sophisticated designs a woman can feel powerful and respected in any professional scenarios
  • Women can appear and feel wealthy by wearing the products
    • Kate Spade is a high-end brand that makes women look successful, which may attract potential employers
Personal:
  • Brings women happiness in their everyday lives
    • Fun and colorful designs that easily brighten their day
  • Allows women to express themselves daily
    • The endless distinct and creative designs give women the opportunity to show off their unique personalities


When an interaction with the Kate Spade brand is over, will the world be a better place?

Financial:
  • The “Do Good” Kate Spade collection
    • Shopping this specific collection means a percentage of the sales is donated to a non-profit organization, Tides, which supports the development of many different charitable projects in Africa
    • This year, 2% of net sales (max donation of $103,827) from the collection will be donated
Strategic:
  • By supporting the brand the consumer is pushing for more women owned businesses
    • The Kate Spade Foundation supports women in entrepreneurship, technology and the arts
    • More recognition for the brand means more women given opportunities to advance to higher up positions in the working world
Personal:

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