Club Med
CLUB MED: Introduction;
Visionary Gerard Blitz created a way to revolutionalize holidays, creating a place where people can live in the moment and be happy, his vision was Club Med. This was a concept centered on providing customers with leisure and unforgettable experiences, centered on freedom, pleasure and relaxation. Club Med was open to different cultures; customers were treated with kindness and were considered to be special. Club Med had become the major player in world tourism form its start in the 1950’s till 1the 1980’s.
Due to the change in consumer behavior culture and market structure, Club Med faced many difficulties trying to maintain their number one position in the industry as competitors encroached on their territory by analyzing their mistakes, focusing on the consumer behavior in the recent times, all the things Club Med did not take into account. This has lead to great financial losses.
Change in management over the years has left Club Med to be somewhat lost in the industry, failing to adapt to the market/ cultural changes in the industry. Club Med has diverted from its initial brand DNA which was instilled by Gerald Blitz. Club Med diverted from being a mass market brand to transforming itself to an up market brand with little or no experience in the field. This has led to potential luxury customers doubtful of their experience in the luxury sector and former loyal customers feeling lost and insignificant due to the drastic changes in the brand has made over the years. 1> Explain in detail Club Med loss of leadership and problems encountered after the 90’s. Develop a brand identity analysis using Kapferer’s prism.
Club Med’s initial success around the 60’s and 70’s was based on a deep understanding of its customers, the willingness to respond to their needs, clearly defined brand vision and DNA with strong innovation making them an industry leader.
The decline of Club Med started when they failed to adapt their product to the
Visionary Gerard Blitz created a way to revolutionalize holidays, creating a place where people can live in the moment and be happy, his vision was Club Med. This was a concept centered on providing customers with leisure and unforgettable experiences, centered on freedom, pleasure and relaxation. Club Med was open to different cultures; customers were treated with kindness and were considered to be special. Club Med had become the major player in world tourism form its start in the 1950’s till 1the 1980’s.
Due to the change in consumer behavior culture and market structure, Club Med faced many difficulties trying to maintain their number one position in the industry as competitors encroached on their territory by analyzing their mistakes, focusing on the consumer behavior in the recent times, all the things Club Med did not take into account. This has lead to great financial losses.
Change in management over the years has left Club Med to be somewhat lost in the industry, failing to adapt to the market/ cultural changes in the industry. Club Med has diverted from its initial brand DNA which was instilled by Gerald Blitz. Club Med diverted from being a mass market brand to transforming itself to an up market brand with little or no experience in the field. This has led to potential luxury customers doubtful of their experience in the luxury sector and former loyal customers feeling lost and insignificant due to the drastic changes in the brand has made over the years. 1> Explain in detail Club Med loss of leadership and problems encountered after the 90’s. Develop a brand identity analysis using Kapferer’s prism.
Club Med’s initial success around the 60’s and 70’s was based on a deep understanding of its customers, the willingness to respond to their needs, clearly defined brand vision and DNA with strong innovation making them an industry leader.
The decline of Club Med started when they failed to adapt their product to the