The document discusses Harrington Collection's plans to enter the women's activewear market through a new brand called Project Viva. It aims to leverage Harrington's existing customer base and implement "pull" marketing tactics. Financial projections estimate Project Viva will generate $6.98 million in net present value over its expected 15-year lifetime. The document also proposes expanding Viva into lifestyle brands and implementing sustainable practices through Project SHAL.
3. To dedicate our team of executives and staff into providing fashionable apparel to women in the United States while ensuring speed, quality, ethics, and maintaining good relations with our customers, suppliers and shareholders. Harrington Collection: Mission Statment
18. Positive NPV, resources available. Increase plowback ratio to allow more such brand expansions Increase awareness of NPV rule internally Viva: Financial Plan
25. Pull tactics: Investment in market research Focus groups Web-based consumer behavior monitoring Advertising Cut back on nation-wide advertising Increase product endorsements JIT Leverage on existing customer base for short-term Expand into new markets for long-term Viva: Marketing Plan
29. Life cycle of a fad design Sales Quantity, 1 million/increment Time, 1 month/increment
30. Life cycle of a fad design Viva Athletic Wear The Trend Setter Competition from our Chinese friends Sales Quantity, 1 million/increment Time, 1 month/increment
32. Viva Aura (perfume) Viva Crown (jewelry) Viva Diva (makeup) Viva Bra (lingerie) Viva Java (tabloid magazine) To leverage on the existing loyal customer base Low risk Selling the lifestyle
33. Products ‘sell themselves’ ∴Cut back on excessive sales training Reduce “attractive” commissions Improved Horizontal Communication Diversify Reward innovation and foster idea champions Human Resources
34. Appeal to customers’ values Allows for charging a premium Green energy solutions Project SHAL Sustainable, Healthy, Active Living Innovation and sustainability
35. Long-term abstract Intangible returns Ethical practices Lifestyle Integrated Branding Cork floors Recycled Receipts Customer interaction Extended offers for personal health products Project SHAL SHAL
36. The other brands Harrington Limited Cash Cow Christina Cole & Sopra Merger Vigor Maintenance of slow growth
37. Merger of Sopra and Christina Cole “Bridge” Same target market Cut costs, free up resources Similar market share “The status-seeking office chic”
38. Objective NOW Lowmarket share Low profit growth Low competitive advantage Slow adaptation to market VISION Highmarket share High profit growth High competitive advantage Fast adaptation to market SatisfiedCustomers Loyal suppliers Project Viva