|
Company
History
For
over a century, Bulgari has been synonymous with the finest Italian
style. The Bulgari’s descend from an ancient family of Greek
silversmiths. In 1879, Sotirio the founder, immigrated to Italy
and in 1905, the first Bulgari store opened in Via Condotti. Bulgari’s
outstanding jewels in precious and semi-precious materials, watches,
a vast range of leather goods, silver gifts and perfumes are now
coveted by a sophisticated clientele in over 150 countries.
Case
Study Concept
Bulgari
is recognized for its bold and creative jewelry pieces that use
the most exquisite precious and semi-precious stones in the world.
In an effort to expand into the diamond jewelry market, Bulgari
has expanded its diamond product offerings. Students will analyze
consumer’s perception of diamond jewelry, competitors’
strategies, and marketplace conditions. Using this information,
student will develop and present recommendations as to how Bulgari
can strategically position themselves as legitimate players the
USA diamond market.
Design,
Business and Marketing Plan Solution
Bulgari
challenged students to develop an integrated marketing plan to strengthen
Bulgari’s diamond presence in the USA market. Having capitalized
on a strong bridal business in the Japan and Hawaii markets, Bulgari
is focused on further developing this business in the US market.
The
Bulgari case team has recommended a “Uniquely You” experience.
This experience will focus on superior customer service during the
sale – accessible, knowledgeable, helpful, and luxurious.
Additionally, Bulgari will help the customer design the ultimate
engagement experience tailored specifically to the couple. The ultimate
goal for Bulgari, will be to provide a personal touch to make the
engagement experience ‘unique to you’, from start to
finish.
|
The
Bulgari Project Team
Hee Kang, Columbia Business School
Emily Free, Columbia Business School
Margarita Salvans, Columbia Business School
Rose Choy, Columbia Business School
Oliver Marquis, Columbia Business School
|
|
|
|