Friday, September 6, 2019
Intercultural communication Essay Example for Free
Intercultural communication Essay Perception in psychology is defined as a process of obtaining information through oneââ¬â¢s senses and interpreting that information as something meaningful. Perception can either be programmed into or learnt by a brain, or it can be formed due to oneââ¬â¢s culture. Culture based perception is in some way influenced by experiences of culture and environment. For example, a personââ¬â¢s perception of right and wrong may be based on the norms of the society he lives in. Some characteristics of the American culture and their examples Individualism ââ¬â American youth ââ¬Ëmove outââ¬â¢ to gain independence and to build their lives. Equality ââ¬â providing equal opportunities to candidates during job recruitment processes. Materialism ââ¬â the culture of recycling and having garage sales depicts how Americans value material goods and donââ¬â¢t waste resources. Science and technology ââ¬â strong encouragement for science projects during schooling, and promoting it through movies and television. Progress and change ââ¬â research and development in various fields is strongly supported by the government, so that the country may continue to be progressive and become a pioneer in every field. Work and leisure ââ¬â as much importance as work is given in the American culture, there is equal attention paid to leisure and recreation ââ¬â as is evident through the countless getaways and recreational family parks present in the country. Competition ââ¬â incentive plans at work, and similar reward systems during education promote the notion of healthy competition among the Americans. Work, Dress, Sex and Status In America, work and productivity are considered important to achieve a high standard of living which is why the annual number of work hours has been increasing every year. Dressing habits tend to be highly informal ââ¬â concepts like ââ¬Å"Casual Fridaysâ⬠at work reflect this part of the American culture. Sex education is imparted at an early stage to students to increase awareness about and to minimize sexually transmitted diseases. The culture of discriminating based on social status has been fading out as the notion of equality has started to spread more powerfully. Theories by Hofstede, Hall, Kluckhohn and Strodtbeck to Analyze Culture These theories and the studies that had been conducted by these people, in my opinion, are quite useful in this age of globalization and ever-diminishing boundaries. They highlight the importance of differences in cultures worldwide, while also highlighting the similarities and therefore helping cross-culture psychologists find a common set of human values. Bibliography Mick Underwood (2006) CCMS ââ¬â Communication studies, Culture studies, Media Studies Infobase by Mick Underwood. Retrieved on February 20, 2007 from: http://www. cultsock. ndirect. co. uk/MUHome/cshtml/index. html Wikipedia (2006) Wikipedia, the free encyclopedia. Retrieved on February 20, 2007 from: http://en. wikipedia. org.
Thursday, September 5, 2019
Mental health programs Essay Example for Free
Mental health programs Essay Community health programs based in churches have been highly successful, although occasionally confusing and stressful for pastors to administer. However, it is not only physical health programs which have thrived; mental health and chemical dependency programs are an important supplement to church ministry and community service. Thompson and McRae argue that the Black church itself offers a positive therapeutic effect to its congregation, even without a formal mental health ministry in place. They discuss the historical basis for the Black churchââ¬â¢s creation of community; the creation of the ââ¬Å"weâ⬠group rather than the individual ââ¬Å"Iâ⬠and the need for belonging with a group, rather than to a group (41). They state ââ¬Å"Embedded within the individual were past experiences, traditions, values, and norms for emotions, cognitions, and behaviors conducive to relatedness and ââ¬Å"interpersonalnessâ⬠that reflected a collective sense of belonging with rather than to, caring, similar others (Thompson McRae, 41). â⬠The Black church, in Thompson and McRaeââ¬â¢s view, has created a bridge for the gap between the historic slave experience and the modern Black experience which helps ease the mental transition between worlds, and created a framework for dealing with hostility. They state ââ¬Å"The Black church nurtures the survival of its members through providing a supportive, caring environment to facilitate an ever-widening upward spiral of positive cognitive, affective and behavioral outcomes for growth and change (Thompson McRae, 46). â⬠While the mere fact of church fellowship has a positive effect on its members, Black church involvement in formal mental health ministry programs has a significant impact on its members as well. Blank discussed the importance of mental health care within the church setting. They state that there are four areas of community care considered most effective in the church setting. These are primary care delivery, mental health, health promotion and disease promotion and health policy. Their review of studies underscored the importance of natural helpers (friends and extended family), lay helpers and most especially church leaders in the delivery of mental health care through an informal care system. Blank discussed the state of mental health care in the rural South in the 1970s; the population was discovered by researchers studying psychiatric utilization and morbidity in the area to be underserved, despite the general view that rural life was superior to urban. The problems contributing to low psychiatric utilization are complex; problems with service delivery, low quality of care (especially among minority patients) and lack of providers are entangled with social stigma surrounding psychiatric care, economic and social factors, geographic distance from providers, poverty, race and class issues to create a morass of issues a patient must slog through to acquire psychiatric care. Blank notes that at the time of the study, most counties lacked a single doctoral-level mental health professional; only 3% of licensed psychiatrists practice in the rural South, a number which has not changed significantly since the 1970s. In addition to the socioeconomic issues with receiving psychiatric care in the rural South, there are further problems relating to doctor-patient relations. Some theorists state that white mental health care providers cannot provide optimal care to Black patients because of their lack of knowledge and understanding of Black history and culture, as well as a lack of understanding of the difficulty of being Black in a white world; furthermore Black patients are less likely to trust white care providers due to racial tensions and differences in worldview (Blank , 1668). Instead, Black patients are considered to have a preference for Black care providers. While some studies have shown that Black patients do prefer Black care providers, stated reasons for this preference are a perception of greater professional competence and attitude, as well as racial and cultural compatibility (Blank , 1668). Blank emphasize the importance of sensitivity and cultural competence; it can lead to a greater understanding of non-normative minority behavior as well as an increase in trust levels between provider and patient which increase the possibility of a successful outcome. Blank discusses the cultural responsiveness hypothesis, which states that the effectiveness of psychotherapy is directly related to the therapistââ¬â¢s ability to communicate an understanding of the patientââ¬â¢s cultural background. Lack of this cultural responsiveness might account for some of the racial divide in diagnosis, treatment and premature termination of treatment observed between Black and white psychiatric patients (Blank, 1669). Blank hypothesized that rural churches provide fewer social and mental health services than urban churches, and that they have fewer links with the formal care system; furthermore, because of the importance of the church in the Black community and the historic exclusion of Black from formal care systems (schools, mental health services, etc), Black churches would provide more social and mental health services than white churches, but with fewer links to the formal care system (1669). Blank tested their theory using a phone survey of Black and white church leaders in both rural and urban areas in the South (defined in their study as Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Maryland, Missisippi, North Carolina, South Carolina, Tennessee and Virginia (Blank, 1670)). A total of 2,867 churches were targeted, with a total of 269 completed interviews, or an overall participation rate of just under 10% (Blank, 1670). Rural Black churches, the targeted demographic, were actually least likely to participate in the study, with only a one in fourteen survey completion rate; the researchers cited lack of full-time staff creating difficulties reaching church leaders and a high rate of church leader refusal as factors in this low completion rate (Blank, 1670). The researchers discussed topics such as church demographics, including size and racial composition of the congregation, number of services held and attendance at the services, the church budget and founding date; problems the churchââ¬â¢s congregants faced that the church leader considered to be most important; specific questions about mental health services provided by the church or church leader, including such issues as depression, paranoia, nervous breakdown, dementia and Alzheimerââ¬â¢s disease and attempted suicide; What type of support services were offered formally by the church to deal with these types of issues; and what links to the formal care system, including hospitals, care providers and support services like Alcoholics Anonymous existed, and if links existed to what level church leaders provided referrals to the formal care system (Blank, 1669). The researchers then constructed four different scales on which to rank the churches: Problems, which quantified the degree to which responding churches dealt with mental health problems over the previous two years; Programs for Adults, which quantified the number of mental health programs offered by the church, including those dealing with alcohol and substance abuse, marital counseling, sex education and counseling, domestic violence and sexual assault; Programs for Children, which quantified programs specifically aimed at support for children, including individual and family support services; and finally Programs for Teenagers, which quantified programs specifically aimed at support for teens. Referrals, both in and out, were also quantified (Blank, 1670). Statistical analysis using factorial analysis of variance (ANOVA) was performed to determine the correlation between the varying factors. The researchers found some surprising differences in funding ââ¬â when adjusted for congregation size, rural white churches had substantially larger budgets than rural Black churches, and urban Black churches also had significantly larger budgets than the rural Black churches (Blank, 1670). However, both urban and rural Black churches were shown to offer significantly higher numbers of mental health programs overall than their white counterparts. There were no statistically significant variables in the study of links between referrals, but the modal response among churches overall was 0, indicating that all churches tend to lack links with the formal care system (Blank, 1671). Blank extrapolate concerning the possible reasons for lack of links between the formal care system and the informal care system provided by churches. They note that one of the difficulties may be historical in nature; because churches are often divided among racial and ethnic lines, there may be barriers to connection between the formal care system and churches precipitated by racial and ethnic tensions. Additionally, because churches have played a role as a political entity in the past, there may be lingering social tensions between churches and formal care systems which prevent these roles. (Blank, 1671). Another barrier may be the different paradigms of the formal care system and the church regarding the nature, causes and treatment of mental health problems.
Becoming a teacher
Becoming a teacher Individual Essay Like most of my peers, I joined the teaching profession with some preconceived notions, to a certain extent based on observations of my teachers, both good and bad, and partly on my opinion of how things should be like in a perfect world. Personal Philosophy Every child having a sense of belonging As a child, I have good memories of my experience and education in primary school. I studies at an all-girls school where corporal punishment was still used to punish disobedient pupils. I remember that my language teacher who was also the discipline teacher was very strict, but I also remember that I respected her to a great deal and so do most of my peers. I felt that in a way this had formed my initial notion about teaching where teachers are respected and should maintain a level of control in the classroom. However, I am glad that we have progressed from corporal punishment as a way to maintain order in our classrooms. There are many other ways in which the teachers can gain their studentsââ¬â¢ respect and keep their classrooms orderly. I believe that it is important for me to show genuine care for my pupils through the way I teach and in the time I devote to my pupils. I believe this kind of caring nature is bound to positively affect the pupils. I believe it is also importan t for me to create a positive atmosphere where pupils are encouraged to discuss questions. Pupils should not be afraid of making mistakes as they are treated as opportunities to explore misconceptions and not reflection of their abilities. School being their second home, it is important that my classroom is a place where it is safe for them to make mistakes, a place where differences are tolerated and compromised on. Common sense and research tell us that students are more likely to cooperate with teachers whom they see as caring, trustworthy, and respectful (Weinstein, 2006 as cited in Weinstein, Romano, Mignano, 2011). It is important to develop a supportive and respectful relationship with pupils not only to gain cooperation but also for them to be seriously engaged in learning, to share their thoughts and feelings, to take risks and to develop a sense of social responsibility. Thus, I need organise my classroom in such a way that my pupils will feel safe and cared for emotionally, intellectually and physically. I remembered conducting the ââ¬ËHeart-to-heartââ¬â¢ session with my pupils during my contract teaching and I find this very useful in getting to know the pupils better. Also, pupils were tasked to write at least one journal entry every week on something special. These activities has helped me to know my pupils better and are a great stepping stone to improve the teacher-student relationship. Thus, I hope to continue to implement them in my class in the future. Focus on Studentsââ¬â¢ Strengths What really triggers me to join the teaching profession was the weekly tuition session I volunteered for during my university days and continued to this day. Working for a non-profit community organisation gave me the best experience in social interaction and interpersonal skills that I would have not learnt of. I hoped my experiences and encouragement would help them find a clearer path to their interests in life and work, but I found that I learned so much from them about bravery, tolerance and ambition to succeed. It is really heart-warming to know that the boys are grateful for the help and support of volunteers and love to engage in learning and games. This gave me a completely new view of life, communities and education. Thereââ¬â¢s no doubt that I found great satisfaction in sharing and encouraging the boys but I was surprised by how enlightening and fulfilling the whole experience was. Thus, I believe that it is important for me to develop their full potential by guiding t hem in their route of discovery. As children are our future, it is crucial for me to allow them to express their opinions and nurture their own ideas. These reasons confirmed my decision that teaching was what I want to do in life. At times, we need to tap into the life experiences of our pupils to discover what they can do beyond their academic achievements. As a teacher, I used to focus on what my pupils do not know or cannot do, and try to fix the problems. However, after going through the teaching experience and courses in NIE, I learned that responsible teaching also involves searching for strengths. This is important to develop the confidence and self-competency of my pupils (Lim, Thaver, Slee, 2008). I will need to create opportunities for pupils to succeed while challenging them. I was told that we need to scaffold for pupils to understand the concept better but little did I know that these small successes will also lead to increased pupilsââ¬â¢ confidence. Engaged and Active Learning During my contract teaching stint, I learnt that each and every individual student in the class had a different background and there is a great diversity in there. Each student had their unique learning style and abilities. Their family backgrounds ranged from lower to the top tier of society. I learnt that different stakeholders, i.e. parents, school, child and teacher, all play a part in nurturing students. The socio-economic class of students affected their abilities and academic success, and different family structures gave different levels of support. All these differences made me understand that when conducting lessons, I cannot expect all students to have the same experiences. Learning is superficial unless the pupils are actively engaged. Therefore, I will need to use different teaching strategies in my class such as questioning, collaborative learning, hands-on activities and experiential learning events that will encourage active and constructive learning. However, conducting a class that actively engages the pupils require a lot of planning. Therefore, I need to ensure that I am well prepared by not only knowing the content knowledge but also the teaching objectives and strategies. The activities planned will also need to match the concepts, skills and goals of the lesson. When pupils are actively engaged, they focus on what is being taught and better process new information (Lorain, 2010). As pointed out by Tom Good and Jere Brophy (2008), when students must wait with nothing to do, there is a higher probability to result in undesirable behavior and a loss of valuable learning opportunities (Weinstein, Romano, Mignano, 2011). Through the various courses in NIE, I have learned how to better prepare myself for lesson and designing activities that are able to develop pupilsââ¬â¢ relational understanding. This course also discusses various cooperative learning strategies such as think-pair-share, round table, and jigsaw which I could apply in my classroom to promote active learning. Also, to ensure that the group activities are carried out successfully, I need to ensure that there are certain classroom rules and routines to keep the classroom running smoothly. My Evolution as a Teacher-in-Training Establishing Productive Learning Environment One concept taught in this course that struck me most was the model for creating an inclusive learning environment which was adapted from Sticeââ¬â¢s problem-solving model. This model helps me to understand and reaffirm some of the teaching practices which I have observed and learned during my teaching internship, relief teaching or contract teaching. The model aims to aid classroom learning environment that are not only academically inclusive but also socially. Creating a conducive physical environment can influence the way teachers and students feel, think and behave (Weinstein, Romano, Mignano, 2011).Thus, it is important for me to ensure that the physical furniture in my class are strategically arranged to suit the needs of the pupils. During my contract teaching, my teacher mentor created a reading corner at the back of her class with carpets and cushions for the pupils. I find this arrangement useful in managing the class. Once the pupils have completed the assigned work, they will proceed to the reading corner with a book and read silently. I felt that this has helped to inculcate in the pupils the love for reading. This also helps her manage the class and reduce unnecessary disruption when the pupils have completed their work. Occasionally on a rotationally basis, pupils are given 10 minutes break time where they are allowed to use the educational board games created. This encourages pupilsââ¬â¢ self-directed learning as they exp lore different concepts in a fun and interactive manner. I have also learned that it is important to ensure that the notice boards are up-to-date with information and pupils work. Environment psychologists point out that the effects of the classroom environment can be both direct and indirect (Proshansky Wolfe, 1974 as cited in Weinstein, Romano, Mignano, 2011). For example, if pupils seated in straight rows are unable to carry on a class discussion because they canââ¬â¢t hear one another, the environment is directly hindering their participation. Students may also be affected indirectly if they infer from the seating arrangement that the teacher does not really want them to interact. Therefore, I need to be mindful on how my pupils are arranged in the class as it will send a message to them about how they are supposed to behave due to the link between classroom environment and student behaviour. Through this course, I also learned that it is important to create a sense of belonging for the pupils by providing them opportunities to make decision on how they want the classroom to be such as giving them the responsibility to decorate the class or as simple as putting up pupils work. Behaviour Management Another aspect which I find very useful is the various behavior management models which teachers could employ. I understand there is no one size fit all solution to various issues a teacher might face in school and each model has its own pros and cons. It is therefore up to the teachersââ¬â¢ discretion to choose the model that best suit their teaching style and the class profile. Personally, the concept of taking ownership under inner discipline resonates with me. I believe that it is important for students to accept ownership of their problem. Students need to learn that they are capable of taking ownership of their problems regardless of age. As teacher, I must trust that they also are capable of taking full responsibility for the problems their behaviours can create, not because of fear but because it is the right thing to do. Assertive Discipline is a direct and positive approach to make it possible for the teacher to teach and the students to learn. During my contract teaching, there were times when I felt I was unable to deliver the lesson properly due to poor class control and denied pupils the opportunity to learn. However, after seeking advice from the senior teachers, I made certain changes such as implementing the rewards and punishment system. As a result, I was able to deliver most of the lessons without much interruption. Students should be rewarded for good behaviour and punished fairly for bad behaviour. I think that having a short list of classroom rules posted in the class is beneficial. That way, from day one, they are aware of what is expected from them. However, it is necessary to exercise punishments with cautions to make sure students would not be more rebellious. I have also learned the various teaching style and I would prefer to adopt the democratic teaching style which the teacher p rovide firm guidance and leadership by establishing rules (Edwards, 2008). Pupils will then be taught how to establish an inner control that permits them to choose behavior compatible with their best interest. I realized that teaching was indeed a calling. One needed a passion to teach and to make a difference in peoples lives. One had to follow their heart and not their brain to appreciate the true difference made by being a teacher because being a teacher was hard work with many untold roles. One had to be unafraid to admit that mistakes have been committed and constantly reflect on lessons conducted so as to continually improve. Bibliography Edwards, C. (2008). Classroom discipline and management (5th ed.). Hoboken, NJ: John Wiley Sons. Lim, L., Thaver, T., Slee, R. (2008). Exploring Disability in Singapore. Singapore: McGraw-Hill Education (Asia). Lorain, P. (2010). Teaching That Emphasizes Active Engagement. Retrieved May 1, 2014, from National Education Association: http://www.nea.org/tools/16708.htm Weinstein, C. S., Romano, M. E., Mignano, J. A. (2011). Elementary Classroom Management Lessons from research and practice. New York: McGraw-Hill Companies, Inc.
Wednesday, September 4, 2019
student :: essays research papers
Simple Machines à à à à à A windmill is a machine that uses the wind to turn a wheel of adjustable vanes, slats or sails. As the wheel turns, it turns a shaft, wheels, and gears that power machinery. It is more properly called a ââ¬Å"wind pump,â⬠but most people call it a ââ¬Å"windmill.â⬠Windmills have been used for hundred of years to power machinery used to grind grain such as wheat and corn. Today we also have windmills, called ââ¬Å"wind turbines,â⬠that generate electricity.à à à à à All machines are a combination of several simple machines or modifications of one. A simple machine is one that is moved by just one force. The six types of simple machines are the lever, the wheel and axle, the pulley, the inclined plane, the wedge, and the screw. A lever is a long plank, beam or bar that is used to move heavy loads. Examples of a lever are seesaws, scissors, broom, tweezers, and ice-tongs. A wheel is a cylindrical object that rotates about axis of the cylinder. Wheels are on cars and trains. Some wheels turn other wheels, like geared wheels on a bicycle or a clock. Some wheels turn together like the doorknobs, or the knobs on a televisions. A pulley is a grooved wheel. A rope is fitted into the grove and turns the wheel when pulled. An inclined plane is a very simple machine. It has a sloping surface that makes it easier to pull, push, or roll heavy objects. Examples are wheelchair ramps or a stairway. The screw is an inclined plane wound at its edge on a cylinder or cone. Examples of a screw includes faucets, à à à à à Saizan 2 screw-in bulbs, and screw-on bottle tops. The wedge is essentially an inclined plane such as knives, blades, nails, needles, pins, wood and axes.
Tuesday, September 3, 2019
Hardys Presentation of Bathsheba and Fannys Experiences in Far from t
Hardy's Presentation of Bathsheba and Fanny's Experiences in Far from the Madding Crowd How does this novel reveal the social reality of the time? In this essay I will look at Thomas Hardy's 'Far from the Madding Crowd' in the first section, I will look at the different ways Hardy portrays Bathsheba and Fanny's experiences. Since Hardy based this novel in the 1840s, and being true to history, it does reveal a lot about the social reality of the time. However, Hardy could have a different perspective, as he is writing in the 1870s, which may have affected his view on the 1840s social ideal. Fanny is offered almost as a complete contrast to Bathsheba Fanny wants to get married (though this could possibly be because she is pregnant), she has no money, no home and no family, while Bathsheba has everything (except the family) that Fanny doesn't have, including her boyfriend too, Troy. Bathsheba at the beginning represents a very rare kind of Victorian woman, one who is proud, strong and independent. While Fanny is the naÃÆ'Ã ¯ve and 'fallen' woman. As you progress through the novel, you see a peculiar change coming over both women, they seem to change their characters, Bathsheba becoming more like Fanny, and Fanny becoming more like Bathsheba. Fanny shows her strength as she almost pulls herself down the road by the will of her mind, 'holding onto the rail she advanced, thrusting one hand forward, then the other, leaning over it whilst she dragged her feet on beneath' a lesser woman would have just sat down and given up, but she shows us her strength of character as she tricks her body into making the steps, that would take her ever nearer, to her death, so to speak.. Bathsheba however, allows herself to b... ... Even through the action of the characters, especially the males, you can see how difficult it was for a female in the 1840's society, the stir Bathsheba cause when she walks into the farmers market 'for at her first entry the lumbering dialogues had ceased, nearly every face turned towards her' and again at the farmers market your attention is brought to the fact she is the only woman there 'the single one of her sex that the room contained' a sign that woman were not readily accepted in the farming world, or any place that had money as its bases. So in conclusion to be a woman in 1840's based on Hardy's description would have been a very trying experience, a woman's role was to be dressed up in pretty clothes and displayed, never to do anything but sit at home and do the needle work, never to go and try something different. To be seen and not heard.
Monday, September 2, 2019
Analysis Of Crito :: Philosophy Philosophical Essays
Analysis of Crito à à à à à The question is raised within the dialogue between Socrates and Crito concerning civil disobedience. Crito has the desire, the means, and many compelling reasons with which he tries to convince the condemned to acquiesce in the plan to avoid his imminent death. Though Crito's temptation is imposing, it is in accord with reason and fidelity that Socrates chooses to fulfill his obligation to the state, even to death. à à à à à Before addressing Crito's claims which exhort Socrates to leave the state and avoid immanent death, the condemned lays a solid foundation upon which he asserts his obligation to abide by the laws. The foundation is composed of public opinion, doing wrong, and fulfillment of one's obligations. Addressing public opinion, Socrates boldly asserts that it is more important to follow the advice of the wise and live well than to abide by the indiscriminate and capricious public opinion and live poorly. Even when it is the public who may put one to death, their favor need not be sought, for it is better to live well than to submit to their opinion and live poorly. Next, wrongful doing is dispatched of. They both consent to the idea that, under no circumstances, may one do a wrong, even in retaliation, nor may one do an injury; doing the latter is the same as wrong doing. The last foundation to be questioned is the fulfillment of one's obligations. Both of the philosophers affirm that, provided that the conditions one consents to are legitimate, one is compelled to fulfill those covenants. These each are founded upon right reasoning and do provide a justifiable foundation to discredit any design of dissent. à à à à à At line fifty, Socrates executes these foundations to destroy and make untenable the petition that he may rightfully dissent: Then consider the logical consequence. If we leave this place without first persuading the state to let us go, are we or are we not doing an injury, and doing it in a quarter where it is least justifiable? Are we or are we not abiding by our just agreements? à à à à à To criticize or reproach Socrates' decision to accept his punishment is unjustifiable in most of the arguments. Analysis Of Crito :: Philosophy Philosophical Essays Analysis of Crito à à à à à The question is raised within the dialogue between Socrates and Crito concerning civil disobedience. Crito has the desire, the means, and many compelling reasons with which he tries to convince the condemned to acquiesce in the plan to avoid his imminent death. Though Crito's temptation is imposing, it is in accord with reason and fidelity that Socrates chooses to fulfill his obligation to the state, even to death. à à à à à Before addressing Crito's claims which exhort Socrates to leave the state and avoid immanent death, the condemned lays a solid foundation upon which he asserts his obligation to abide by the laws. The foundation is composed of public opinion, doing wrong, and fulfillment of one's obligations. Addressing public opinion, Socrates boldly asserts that it is more important to follow the advice of the wise and live well than to abide by the indiscriminate and capricious public opinion and live poorly. Even when it is the public who may put one to death, their favor need not be sought, for it is better to live well than to submit to their opinion and live poorly. Next, wrongful doing is dispatched of. They both consent to the idea that, under no circumstances, may one do a wrong, even in retaliation, nor may one do an injury; doing the latter is the same as wrong doing. The last foundation to be questioned is the fulfillment of one's obligations. Both of the philosophers affirm that, provided that the conditions one consents to are legitimate, one is compelled to fulfill those covenants. These each are founded upon right reasoning and do provide a justifiable foundation to discredit any design of dissent. à à à à à At line fifty, Socrates executes these foundations to destroy and make untenable the petition that he may rightfully dissent: Then consider the logical consequence. If we leave this place without first persuading the state to let us go, are we or are we not doing an injury, and doing it in a quarter where it is least justifiable? Are we or are we not abiding by our just agreements? à à à à à To criticize or reproach Socrates' decision to accept his punishment is unjustifiable in most of the arguments.
Sunday, September 1, 2019
Luxury Brands Insights Essay
Over years, Indiaââ¬â¢s tryst with luxury brands has changed gears. With high disposable incomes and a penchant for all things luxury amongst affluent Indians on the rise, the country is emerging as the next stopover for global luxury brands such as Gucci, Christian Dior and Versace. However, we must realize that Luxury marketing is a whole new ball-game altogether, both from the perspective of the marketer as well as the luxury consumer. It therefore becomes important to view it both in relation and isolation from the ââ¬Ëregularââ¬â¢ goods marketing. To achieve the above objective, we would first look at how luxury goods are different from regular goods and then go on to explore some facets and trends of the luxury goods as well as their market and consumers. This analysis would finally sum up into a SWOT analysis of the luxury goods segment, thereby helping in obtaining a birdââ¬â¢s eye view of the exercise at hand. Considering that the luxury concept has shifted to the ââ¬Ënewââ¬â¢ meaning, we would further delve into that aspect to understand the drivers for luxury brands presently, as well in the time to come. This is followed by a luxury potential determination of the Indian market both in terms of quantitative growth factors as well as qualitative initiatives. INDEX Abstract5 Objectives & Sub Objectives6 Research Design6 Getting To Know Luxury8 Difference Between Regular & Luxury Goods10 Luxury In India14 Qualitative Insights15 Quantitative Insights16 The Affluent Indian: Profiling The Indian Luxury Consumers17 Classification Of The Indian Luxury Consumer21 4p Trends24 Consumer Trends29 Strategies For Luxury Marketing In India57 Moving Forward66 References69 Annexure70. ââ¬Å"Why do I need to know how the watch market is doing? Iââ¬â¢m in the business of luxuryâ⬠Partick Heiniger, CEO, Rolex GETTING TO KNOW LUXURY Luxury brands have often been associated with the core competences of creativity, exclusivity, craftsmanship, precision, high quality, innovation and premium pricing. These product attributes give the consumers the satisfaction of not only owning expensive items but the extra-added psychological benefits like esteem, prestige and a sense of a high status that reminds them and others that they belong to an exclusive group of only a select few, who can afford these pricey items. The luxury sector targets its products and services at consumers on the top-end of the wealth spectrum. These self-selected elite are more or less price insensitive and choose to spend their time and money on objects that are plainly opulence rather than necessities. For these reasons, luxury and prestige brands have for centuries commanded an unwavering and often illogical customer loyalty. Luxury, derived from the Latin word luxus, means indulgence of the senses, regardless of cost. Luxury brands are brands whose ratio of functional utility to price is low while that of intangible utility to price is high. Such brands share characteristics like consistent premium quality, a heritage of craftsmanship, a recognisable style or design, a limited production run of any item to ensure exclusivity, an element of uniqueness and an ability to keep coming up with new designs when the category is fashion-intensive. THE market for luxury brands in our country has expanded in recent times. With income levels going up, customers prepared to buy such brands are growing in numbers. According to an NCAER Household Income Survey, in 2001-02, there were 20,000 families in India with annual incomes of more than Rs 1 crore. By 2005, that number increased to almost 53,000. By 2010, India will have some 1, 40,000 crorepatis. Retail management company KSA Technopak estimates the market for luxury and high-end clothing in India at Rs 1,000 crore and for accessories at another Rs 1,000 crore. CHARACTERISTICS OF THE LUXURY INDUSTRY 1. Luxury is a product category in itself: This can be best explained by the fact that both an expensive watch and an artwork can be considered to be luxury items. Therefore, all luxury marketers are not just competing in their ââ¬Ëtechnically definedââ¬â¢ product categories (like manufacturers of refrigerators compete amongst themselves) but for the wallet share of luxury goods in total. 2. The meaning of luxury had changed Luxury has moved from its ââ¬Ëoldââ¬â¢ meaning of ownership that is also known as conspicuous consumption ââ¬â Conspicuous consumption is a term used to describe the lavish spending on goods and services that are acquired mainly for the purpose of displaying income or wealth rather than to satisfy a real need of the consumer. In the mind of a conspicuous consumer, such display serves as a means of attaining or maintaining social status. Invidious consumption, a necessary corollary, is the term applied to consumption of goods and services for the deliberate purpose of inspiring envy in others has now changed its objects to the ââ¬Ënewââ¬â¢ meaning of the experience / fulfilment derived from possessing a certain object. 3. Aura is more important than exclusivity Exclusivity is something that cannot be ensured to a great extent and neither is it the prime requirement of a luxury consumer. The consumer bases his decisions on the relevance of the aura of the brand to his fulfilment or actualization needs. 4. Trading up A mass of wealthy people have emerged the world over, give rise to a large section of consumers who are now moving to luxury / premium brands, thereby creating greater business opportunity for luxury marketers. 5. Trading down Today, fashion brands are giving luxury brands competition because of marketing mix and branding strategies, which make it acceptable to pair these two brands. This is something that was not practiced before. eg. Wearing an Armani shirt with a pair of GAP jeans 6. Emergence of luxury brands. Sea of luxury brands have emerged giving a wide choice to consumers, in all segments of luxury goods. 7. Factors at play In luxury marketing there is a subtle interplay between three factors that most strongly influence the luxury consumer to buy: product brand; dealer or storeââ¬â¢s brand or service providersââ¬â¢ reputation; and price/value relationship 8. Customer loyalty is more important that brand awareness Rather than focus on measuring the brand awareness of a luxury company, measuring customer loyalty is far more significant a metric regarding the success or failure of corporate strategy to connect with the luxury consumer. CONSUMER PERSPECTIVES TOWARDS LUXURY Consumers can be segregated in 3 groups according to what luxury means to them: Luxury is Functional ââ¬â these consumers tend to buy luxury products for their superior functionality and quality. Consumers in this segment, the largest of the three, tend to be older and wealthier and are willing to spend more money to buy things that will last and have enduring value. They buy a wide array of luxury goods, from artwork to vacations, and conduct extensive pre-purchase research, making logical decisions rather than emotional or impulsive. Messages that highlight product quality and are information-intensive are powerful with this group. Luxury is Reward ââ¬â these consumers tend to be younger than the first group but older than the third. They use luxury goods as a status symbol to say ââ¬Å"Iââ¬â¢ve made it! â⬠They are motivated by their desire to be successful and demonstrate this to others. Luxury brands that have widespread recognition are popular, however they donââ¬â¢t wish to appear lavish or hedonistic in their appearance. They want to purchase ââ¬Å"smartâ⬠luxury that demonstrates importance while not leaving them open to criticism. Marketing messages that communicate acceptable exclusivity resonate with this group. Luxury is Indulgence ââ¬â this group is the smallest of the three and tends to include younger consumers and slightly more males than the other two groups. Their purpose for luxury goods is to lavish themselves in self-indulgence. They are willing to pay a premium for goods that express their individuality and make others take notice and are not overly concerned with product longevity or possible criticism. They enjoy luxury for the way it makes them feel; therefore they have a more emotional approach to purchases. They respond well to messages that highlight the unique and emotional qualities of a product. DIFFERENCE BETWEEN REGULAR & LUXURY GOODS Luxury has never been something easy to define, yet this mystery concept is something highly desired by one and all alike. We look at delving deeper into this mystery and aura of luxury goods by way of comparing them against ââ¬Ëregular goodsââ¬â¢ as well as highlighting the characteristics of the luxury industry. Strategies for Luxury Marketing in India There are conventional foundations for ensuring success of a brand and they are listed below in brief: 1. The brand must be ââ¬Å"expansiveâ⬠Which means it should be full of innovation opportunities for the marketer and in terms of satisfying the divergent needs of the luxury consumer 2. The brand must tell a story It is this story, of either heritage or performance or other aspects that goes on to build the aura of a brand over time. The story always accentuates the identity of the brand. 3. The brand must be relevant to the consumersââ¬â¢ needs Depending upon the mindset of the luxury class, it is imperative for a brand to satisfy those needs, whether they are for recognition or functional use etc. 4. The brand must align with consumersââ¬â¢ values A brand that does not concur with the basic values of a consumerââ¬â¢s society has a small chance of succeeding because luxury items are forms of expression or identification for a luxury consumer. This makes it difficult for the consumer to adopt the brand in such cases. 5. The brand must perform Irrespective of which category the brand belongs to, a performance assurance is a must for the brand if it wishes to be in the evoked set of luxury consumers, considering the price being paid for luxury. INDUSTRY OVERVIEW. In the past, brands like Liz Claiborne and Pierre Cardin tested Indian waters but made a hasty retreat following poor customer response. This led to a general perception that India is still not ready for luxury brands. But now that impression is changing. Many leading global luxury brand marketers have started taking our market seriously. Luxury goodsââ¬â¢ marketing is a different ball game as the type of customers involved fall in a different class altogether. These customers are influenced more by glamour and style and want to stand out in a crowd. They do not bat an eyelid whey they buy a Vuitton bag costing Rs 50,000 or a Mont Blanc diamond-encrusted pen for Rs 50 lakh, Ermenegildo Zegnaââ¬â¢s top-of the-line, custom-tailored suit costing Rs 6 lakh or a mid-range Louis Vuitton briefcase priced Rs 1. 27 lakh. As these figures suggest, luxury brands are prestige products characterised by high-involvement decision-making that is strongly related to the personââ¬â¢s self-concept. Sensory gratification and social approval are the primary factors in selecting a prestige product. Cutting prices or giving discounts can be detrimental in case of luxury brands. A higher price implies a higher level of quality and also suggests a certain degree of prestige. Similarly, distribution should be restricted. Status-sensitive consumers may reject a particular product if the feeling of exclusivity goes away. Managing luxury brands is as much an art as a science. The challenge is to create a demand for something which is not really needed. After all, it looks crazy to spend Rs 50,000 on a handbag or Rs1,27,000 on a briefcase. Creativity plays a key role in creating such a premium image. Many luxury brands achieve legitimacy and fashion authority as a result of the creative talent of their design teams who respect the brand heritage and yet continuously reinvent it. MARKET SIZE AND INDUSTRY GROWTH RATE With the European and American markets reaching a saturation point, leading players are now concentrating on the BRIC countries and the action is expected to shift to India, being the fastest growing luxury market, growing at 25%. , and is expected to maintain these rates for the next 10 years. The Indian Luxury Market is estimated to be to be USD 4. 35 billion and this forms only 2% of the global share. The growth of luxury markets is on the basis of GDP per-capita growth and the High Networth Individuals (HNIââ¬â¢s) in a country. India will be the second largest economy by 2040. Factors like Consumer Attitudes, Real Estate, Regulatory Environment and Ecosystem are important for the growth of luxury market and these are improving in the country. India has 83,000 millionaires and every year 16,000 more are getting added to this. The main trigger behind Indians indulging in luxury is to flaunt status, and the consumers here are becoming aware of leading global brands in the space, but tend to be extremely value conscious. There is a sizeable population engaging in outbound travel and getting exposure to global luxury market. The Indian consumer wants not just to be pampered, but entertained, excited and Inspired by Luxury brands and hence global players will have to look at innovative methods of reaching and engaging customers to succeed in the Indian market. With India emerging as one of the important players in the Luxury Space, the rich and famous across the globe are interested in exploring Indian Luxury products. Also, because of the availability of high disposable income Indians have developed an appetite to live a lavish lifestyle. India is being looked upon by the entire world as an emerging market and a potential Global hub. Hence, considering the potential of the Country many big brands from across the Globe either have set up their base here or are planning to do the same. GDP CONTRIBUTION The Gross Domestic Product or GDP is the indicator of the performance of an economy. According to the estimates of 2008, Indiaââ¬â¢s GDP is $1. 209 trillion and this is slated to make improvement in the coming times. It is estimated that Indiaââ¬â¢s GDP will grow by 6. 5% in the year 2009. In 2008 the countryââ¬â¢s GDP was 9%; the slowdown that has been witnessed this year in the estimates is largely due to the slowdown witnessed by the agriculture and the industrial sectors. A look at the India GDP composition sector wise throws up some interesting figures. The agriculture sector contributed 17. 2%; industry contributed 29. 1% while the service sector had a contribution of 52. 7% according to 2008 estimates. FDI LIMITS AN INTERESTING FACT!!! What is the size of US Luxury Market? A) A third of Indiaââ¬â¢s GDP B) Half of Indiaââ¬â¢s GDP C) Equal to Indiaââ¬â¢s GDP D) More than double Indiaââ¬â¢s GDP ANS: D) More than double Indiaââ¬â¢s GDP. While India will certainly not match the US, Japan or China in terms of its domestic market size for luxury goods and services for decades to come, its influence on global luxury business will steadily increase in the coming years. The reasons are many and mostly historical. Unlike Japan or China, India has a history and a tradition of luxury for millennia. It has an influence on textiles and handwork on them, on gems and their setting in jewellery, in food (including ingredients and spices), on natural skin and body care, on fragrances and cosmetics, and even furniture, furnishings, and objects dââ¬â¢art. For centuries, Indiaââ¬â¢s nobility and the wealthy have been used to ââ¬Å"commissionâ⬠and patron works of luxury and extraordinary human skill. LUXURY MARKET SECTORS SECTORS| KEY PLAYERS| MARKET SHARE %| Jewellery| | 27| Clothing| | 16| Digital Accessories| | 13| Time Wear| | 8| Cosmetics & Skin Care| | 8| Foot Ware| | 6| Wine & Liquor| | 6| Accessories| | 6| Fragrances| | 4| Crystal Wear| | 2| Others| | 4| The Key Player Analysis The following table summarizes the marketing mix adopted by the 4 leading luxury brands. In order to arrive at successful strategies to market luxury in India, it is pertinent to look at the marketing strategies instituted by the existing luxury players in India. Product| Price| Place| Promotion| Valentino offers a limited assortment due to the nascent demand of gowns in India. This is attributed to Indian womenââ¬â¢s preference of sarees over gowns. Because of this trend, Valentino has launched ââ¬Å"saree inspired gownsâ⬠in their latest collection. Valentino has also included a few sarees (worn by Elizabeth Hurley) in its trademark red in their collection. | Valentino claims to charge prices same as their western counterparts. | Opened its first store in August ââ¬â¢06 at Delhiââ¬â¢s Shangri La hotel. it is currently looking for space to open a standalone store each in bangalore, Mumbai & surprisingly, Ludhiana. Has no plans of opening a store in a luxury mall due to a fear of dilution of identity. The brand owns numerous stores in China. | The brand has little promotional presence. In the west it relies on red carpet events & fashion shows to promote its gowns. However due to lack of such events in India, it uses little print advertisements from abroad in India. They predominantly feature Hollywood actresses & models. | Product| Price| Place| Promotion| The brand offers a smaller assortment of their products in west in India. This is attributed to the cultural difference & the differences fashion trends. | The brand claims to price their products equitably in India when compared to their western counterparts. However, it does admit to the greater taxes. | Launched operations in India in 2005. has only one boutique in India as opposed to 8 boutiques in China. The brandââ¬â¢s only boutique in India is located at The Imperial Hotel in Delhi. | Has no. promotional campaigns targeted exclusively at Indian market. Nicole Kidman, the brandââ¬â¢s leading endorser, recently shot an advertisement with Indian model/actor Arjun Rampal in Rajasthan. However, the advertisement will not be aired in India as Chanel only promotes in print media in India. Came into headlines for dressing up actress Sonam Kapoor for a film premier. | Product| Price| Place| Promotion| Made headlines with their intention to design sarees. However, the brand has shown no signs of actually producing them. Offers limited amount of their product offerings due to limited demand in Indian market. However, is planning to expand their offering in future. | The brand admits to charging a higher price due to the tax structure & high infrastructure costs. | Launched operations in India in 2007 with boutiques in Mumbai and Delhi. Murjani Group is the master franchisee of this brand in India. The brandââ¬â¢s store in Delhi is located at The Oberoiââ¬â¢s Hotel. the brand has currently shelved the plans of opening four more stores including one in the Emporio Mall. The brand owns close to 27 stores in almost all leading cities of China. | The brand relies heavily on print advertisements. However, it regrets its recent decision of promotions through newspaper advertisements as it harmed the brandââ¬â¢s exclusive & luxe image. Has no specific advertisements & promotional material for Indian customers. | Product| Price| Place| Promotion| Armani offers all of their latest collection in their Indian stores. The brand recently made headlines in Indian newspapers for including Sherwanis in the 2009 fall-winter collection. The sherwanis are now sold globally in all their stores. The brand has registered a tremendous growth by selling above 200 items a month and registering a growth of above 50 percent annually. | Armani claims to price their products same as abroad & refuses to comment further. | Armani has recently entered the Indian market with a joint venture with DLF. The store currently operates through two exclusive stores in Delhiââ¬â¢s first Luxury Mall DLF Emporio. The is currently in plans of opening four more standalone stores in Delhi and Mumbai. It owns 15 stores in China. | Armani, unlike in west, only relies on print media (in magazines) to promote their products. The brand features its international promotional material in India as well. However, in its latest ad campaign, it featured a model of Indian descent (Vasuki)| DETAILED ANALYSIS OF THE MACRO-ENVIRONMENT Political Trends One positive factor for any company entering India is the political stability of the nation as well as democratic style of leadership. Government apart from tariffs has taken a neutral stance towards the luxury stalwarts, FDI and tariffs as only concern which will be strengths in coming future. The implementation of the Free Trade Area, which laid out a comprehensive program of regional tariff reduction, will be continuously implemented in phases through the year 2010. Over the course of the next several years, the programs in tariff reductions will be made broader. Efforts to eliminate non-tariff barriers and develop common product certification standards were initiated. In addition, ASEAN also was able to formulate framework agreements for the intra-regional liberalization of trade in services. Economic Trends Despite the adverse economic trends in the last year, the luxury goods industry as a whole experienced relatively robust economic growth. Many countries have also seen the risk-weighted capital adequacy ratios of their banking systems improve due to government-sponsored bank recapitalization programs, continued progress in financial restructuring, and improvements in financial risk management. Overall Indian economic trend is a silver lining for companies as India is increasingly becoming the hotbed for millionaires and billionaires the new found riches is growing and will continue to be so, hence economic trend which was a challenge will grow as a big advantage. Social / Cultural Trends. There have also been social and cultural trends that have been evident over the last few years in the luxury goods industry. These include: (a) The irreversible rise of civil society (b) The rise of civil society and urbanisation blends perfectly with dreams that luxury brands sell (c) The increase in the roles of intellectuals and social awareness. (d) Indians are a peculiar breed, victims of centuries-old socio-economic oppression. Where each of us is pinned on the social matrix is revealed by our last name or even a stray twist in accent. Money or the display of it can rarely manage to unsettle the hierarchy. Awareness or rather subtle awareness is something which luxury marketers are happy about and aiming at. With more and more urbanisation and globalisation the need to be in parity with the world will fuel the demands for more upmarket and more luxurious lifestyle. Technological Trends It is a common knowledge that the luxury goods industry is still a relatively new industry in the country and is still in its early stages of development. Technology being a important factor still comes as second at times in various luxury categories, though make no mistakes that that second is still way above what a mid level brand can aim at. India being hub of technological development still does not provide luxury brands enough lucrative options as tech advancement are not synchronised and homogeneous, hence it is a dark spot but might be a very significant area in future. Legal Trends. Intellectual property (IP) and IP Rights (IPR) creation, commercialization, and protection have been a significant source of comparative advantage of enterprises and economies and a major driver of their competitive strategies. Indeed, countries all over the world are fully aware of the pressing need for a long-term policy commitment to collectively transform the luxury goods industry into one which is largely based on knowledge, driven by innovation and sustained by life-long learning. Countries all over the world have pledged to work together to help accelerate the pace and scope of IP asset creation, commercialization and protection; to improve the regional framework of policies and institutions relating to IP and IPRs, including the development and harmonization of enabling IPR registration systems; to promote IP cooperation and dialogues within the region as well with the regionââ¬â¢s Dialogue Partners and organizations; to strengthen IP-related human and institutional capabilities, including fostering greater public awareness of issues and implications, relating to IP and IPRs. INDIA and IPR are a big problem, just not having the stringent and encompassing laws is not the only issue, and problem also arises due to weak enforcement of laws. Cheap imitation and intellectual property infringement is a common occurrence in the nation. Luxury Goods Industry SWOT Analysis Strengths: â⬠¢Has products that boast of a very powerful retail. This includes a reputation for value of money, convenience and a wide variety of products â⬠¢Has grown significantly over the years, and has experienced global expansion. â⬠¢Main competence lies on the use of information technology (IT) to fully support its international logistics system. Therefore, companies in this industry can see how their individual products perform within the United States for instance, or even at stores at a glance. â⬠¢Is able to deliver good customer care, as the limited amount of work would mean plenty of time to devote to customers. â⬠¢Products have established a strong reputation within the market. â⬠¢Offers little deficits and overheads. Therefore the companies in this industry can offer good value to customers on a consistent basis. Weaknesses: â⬠¢Is one of the worldââ¬â¢s largest industries but has a weak control of its empire, despite its IT advantages. This could lead to a decrease in productivity in some areas where it has the least control. â⬠¢Since companies in this industry sell products across many sectors, they may lack the flexibility that some of its more focused competitors possess. â⬠¢Operates globally, but its presence is located in only relatively few countries worldwide. â⬠¢Some luxury goods lack market presence or reputation â⬠¢The companyââ¬â¢s cash flow is unreliable especially in the early stages of a new luxury product development. â⬠¢Over flooding doesnââ¬â¢t leave a luxury brand a real luxury brand. Opportunities: â⬠¢Taking over, merging, or forming strategic alliances with other luxury good companies while focusing on strong markets like Europe or the Greater China Region and India. â⬠¢Luxury good companies operate only on trade in a relatively small number of countries all over the world. Thus, this would open the opportunities for future businesses in expanding various consumer markets, such as those in China and India. â⬠¢The opening of new locations and branches offer luxury good companies the opportunities to exploit market development. This could lead to the diversification of the companyââ¬â¢s branches from large super centres to local-based sites. â⬠¢Opportunities exist for luxury good companies to continue with their current strategy of establishing large branches worldwide. â⬠¢The industry is continuously expanding, with plenty of future opportunities to exploit for success. â⬠¢AS FOR INDIA IT IS ââ¬Å"THE ââ¬Å"INDUSTRY OF FUTURE maybe 10 more years. Threats: â⬠¢Being number one means that the luxury goods industry is the target of competition, the industry to beat, both locally and globally. â⬠¢Being a global retailer means that luxury goods companies might be exposed to political problems in the countries where the company has operations. â⬠¢The production costs of most luxury products have the tendency to fall because of lower manufacturing costs. Manufacturing costs fall because of outsourcing to low-cost regions around the globe. This phenomenon could lead to competition in prices, which in turn would result in the deflation of prices in various ranges. Intense price competition must definitely be considered a threat. â⬠¢Indian mentality of the masses. â⬠¢REPUTATION, if it goes down company goes down. Detailed Analysis of the Industry Environment The assessment of the industry attractiveness is performed using the Porterââ¬â¢s Five Forces Model. A. Threat of New Entrants New entrants in the luxury goods industry will have to deal with high costs of entry for their latest technologies. Most major competitors in this industry have yet to establish strong distribution channels. This will severely hamper their plans to retaliate with their technological developments as without distribution channels, their products would never be seriously considered in the market by customers. These companies must worry though about certain government laws in some countries that might weaken their competitive position (2002). B. Bargaining Power of Suppliers. Suppliers of luxury goods have relatively lower bargaining power because their products have yet to establish consistency in the market. This is in contrary to ordinary brands where these products have been able to secure the confidence of its customers worldwide. C. Bargaining Power of Buyers A majority of consumers in the luxury goods industry are professionals who rely on mobile and expensive gadgets and expect seamless services every time they use them. For instance, a customer phones in a service request from the New York airport while boarding a plane bound to Paris the same day. The technical people in New York will immediately work on the service ticket of the client. And when that client arrives in Paris, he / she would be able to call the New York service centre and pick up exactly where he / she left off (1999). The bargaining power of buyers in the luxury goods industry is relatively high because there are only few, large players in the industry. D. Threat of Substitutes There are very little threats that could emerge from possible substitutes. This is because product-for-product substitution could not possibly happen especially with luxury goods. Other products cannot simply replace the ingenuity of the established luxury products in the market. Also, the millions of users of these luxury products surely would find it too uncomfortable using other products other than their luxury products CASE STUDY: THE MURJANI GROUP OVERVIEW Murjani Group develops, launches, and builds various designer lifestyle brands. It operates in the United States, India, and internationally. Murjani Group was founded in 1930 and is based in New York, New York. They partner with international luxury brands and retail them in India. KEY EXECUTIVES Managing Director: Mr. Vijay Murjani. Chief Operating Officer: Mr. Pradeep Mansukhani Business Head of French Connection: Mr. Dhiresh Sharma Marketing Head of Luxury Division: Mr. Vikram Raizada Business Head of Gucci: Ms. Ananda Kara JOURNEY 1930: Mr B. K. Murjani found the group in Shanghai, CHINA with itââ¬â¢s first retail store 1950: After the world war Murjani commenced operations in Hong kong with a trading company. 1952: Murjani sets up Hong Kongââ¬â¢s first garment manufacturing factory. 1958: With 6 years, Murjani grew to one of the largest apparel producers in the world, with a production capacity in excess of 10 million units per annum. 1966: The current Chairman, Mohan Murjani, joins the group. 1966: The Group commenced its transition from manufacturing to designer lifestyle brand development and marketing, by launching its first brand in the USA, ââ¬Å" Marco Poloâ⬠1976: Murjani launches the ââ¬Å"First Designer jeanâ⬠1980: Murjani sponsors the US Open 1985: Murjani launched Tommy Hilfiger,in 1985. Here again Murjani group re-enforced their panache with ground breaking and ingenious marketing, to ensure that Tommy Hilfiger, would almost immediately, positioned amongst the top designers in the world. The innovative brand marketing and management techniques adopted by Murjani Group over the years, have changed the very paradigm of marketing, merchandising and retailing, as we know it today. 1986: Murjani launches ââ¬Å"Coca-Cola clothes Why India With a luxury boom in India, there are over one million luxury consumers, which is only a fraction of eight million plus consumers who have the disposable incomes but are unfamiliar with the luxury segment. The growth rate is 14. 6 per cent. Target audience is 22-55 year olds. Indiaââ¬â¢s luxury goods market of Rs 717 billion is set to expand with a new firm to facilitate process by bringing together buyers and manufacturers. Indiaââ¬â¢s total retail market has been estimated at $160 billion or Rs 7,170 billion, covering eight million consumers. Of them, one million are considered to be in the luxury brands segment 2000: NAMASTE INDIA The Murjani Group for many years, was very keen to establish a presence in the Indian market, but had to wait for the right time. In 2000 with the rapid growth in the consuming class, Murjani was amongs.
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