strategic planning
strategic planning is when business makes a stategy and how it is followed and carried out. The stragetic plan can make or brake a business. know we look at victoria's sectret strategic planning.
-Victoria secrets stategic planning is to focus on women of ALL ages.
-Victoria's Secret is betting its future on expanding its line, into fitness wear for women.
Fitness clothes has been in high demand in recent years and victoria secret is taking advantage of this and expanding its territory into fitness wear for women. they have recentlly revieled there new “VSX Sexy Sport” collection.
what victoria secret does for competition
victoria's secret gives the “Free Panty” coupon. Victoria’s Secret sends these out every month to all of their customers. so you get something free just buy walking in. its no "but buy one get one free" or you have to spent a certain amount, like other companies
they also have the clearens sale, These sales occur in the winter time (usually every January) and also every summer. These sales are huge and amazing. they have really good prizes. they have discounts ranging around 30 to 70%. I remember going to one, i found really amizing stuff at a really low price. I also remember spending 20 minutes in a line.
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