Strategic Marketing Excellence. A Deep Dive into Burberry Group PLC
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Case Study from the year 2024 in the subject Business economics - Offline Marketing and Online Marketing, grade: A, , language: English, abstract: Burberry's strategic problem with which the company is confronted is how to apply the brand's historical values while responding to the need for digitalisation, environmentally friendly initiatives, and customer expectations within the context of the luxury goods market. In response, the Strategic Marketing Plan (SMP) adopts a digital-first approach, focusing on personalized customer engagement, sustainable practices, and expanding e-commerce capabi...
Case Study from the year 2024 in the subject Business economics - Offline Marketing and Online Marketing, grade: A, , language: English, abstract: Burberry's strategic problem with which the company is confronted is how to apply the brand's historical values while responding to the need for digitalisation, environmentally friendly initiatives, and customer expectations within the context of the luxury goods market. In response, the Strategic Marketing Plan (SMP) adopts a digital-first approach, focusing on personalized customer engagement, sustainable practices, and expanding e-commerce capabilities. AI interventions will strengthen Burberry's digital profile and optimise its processes without jeopardising exclusivity by offering limited numbers of products with experiences. Employee engagement through internal communication will be used to ensure all the employees in the organization are in line with the marketing strategies and goals to be achieved by the organization. KPIs for measuring the effectiveness of internal marketing communication include the growth in engagement on digital platforms and reduction in supply chain emissions. This strategy puts Burberry into the leadership in innovative, sustainable luxury, which has become the requirement for luxury brands to meet modern needs.
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