Okonkwo Prelims

(Joyce) #1
product costs an average of £200 with a waiting period of approximately
three working days. This bespoke service is targeted at a broad consumer
group.
The second bespoke range is the more exclusive ‘Bespoke Ebury’. It offers
customers the opportunity to provide a message that is discreetly embossed
onto the leather of a bag, in silver or gold, in the buyer’s own handwriting. If
the bag is intended as a gift, the name of the person it has been made for is
also embossed on the bag. A wide variety of materials, colours and hardware
choices are provided for this. Each bag has a unique number with a record of
the maker and the batch of skin it was made from. This bespoke collection is
premium-priced, ranging from £800 to above £6,000, depending on the mate-
rials used. There is also a waiting time of four months for delivery of the
Bespoke Ebury. Although the high cost of the Bespoke Ebury narrows its
market, the bespoke services of the brand are available to all consumers and
can be ordered through a few clicks of the mouse on the brand’s website.
The provision of bespoke services affects the company’s value chain on
the levels of product development, manufacturing and retailing (Figure 8.10).
This is sometimes extended to the delivery of the products, but since bespoke
products already utilize a complete customized process they are often deliv-
ered using standardized methods.

Method 5 customizing the online experience


One of the most efficient and cost-effective ways of providing customized
products and services to customers and creating a special relationship in the
process is through the web. The internet is a medium that provides endless
opportunities in product development, production streamlining and online
retailing. It is also an excellent means of tracking consumer preferences and
storing information that could be used for the future development of products
and services.

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luxury fashion branding

Development
Customized
products and
services

Retailing
Customizable
products and
services

Delivery
Standardized
product
delivery

Production
Customized
products and
services

Figure 8.10 The changes in the value chain during the provision of bespoke
products and services
Source: Adapted from B. Joseph Pine II (1997) Mass Customization: The New Frontier for
Business Competition.
Note: Coloured areas indicate changes.
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