Pandora: Greek: Πανδώρα, is the first woman made of clay by Hephaestus in Greek mythology, as punishment for Prometheus for stealing fire and given to the first woman of humanity. The gods offered the gifts that made her more attractive, the god of fire Hephaestus made her a gorgeous golden robe, the god of love Aphrodite gave her the power to charm and seduced men, and the gods Hermes the messenger taught her the skill of speech. The gods each gave her a gift.
Pandora: a character in Greek mythology
How did Pandora, who sells beads, become famous?
In ancient Greek, "Pan" means all, and "Dora" means gift. Linked together, that is a woman with all talents.
With such a good meaning, the brand trademark alone is valuable.
As soon as you enter Panmen, it is as deep as the sea, and you buy one by one.
Some girls bought a bunch of bracelets or received a bunch of Pandora bracelets, they wanted to collect beads slowly, but they got a bunch of dots in a few months.
Pandora bracelet model renderings
I suspect that girls like this kind of jewelry on the one hand, and the joy of collecting seven beads to summon the dragon may also be on the other hand.
I bought three for my partner at first, but later she felt that it was not enough and wanted to buy more beads because I saw someone wearing a lot of gorgeous beads (probably a Pandora model).
It is also the creative point of Pandora's product design. The more you buy, the more satisfied you are.
The most distinctive feature of Pandora is the "Charm" charm. Different charms are endowed with different meanings by the brand, such as intertwined hearts, lasting friends, eternal hearts, cherishing life, shining hearts, etc., and can be customized according to your preferences. Layer and layer at will.
In my opinion, Pandora is a very story-telling brand, allowing consumers to DIY their bracelets and tell their own stories.
Pandora, forever in my Heart Charm
How did Pandora become popular?
Unique product design
There are also many imitations of Pandora products abroad, but they cannot escape the shadow of Pandora.
Although Pandora's jewelry range includes bracelets, rings, earrings, necklaces, etc., most of its turnover comes from the sale of bracelets.
The brand created by this DIY charm is different from brands such as Cartier and Tiffany. After years of marketing, Cartier has become the symbol of the upper class, while Tiffany has created a fairy-tale romantic love story.
On the other hand, Pandora encourages you to be yourself and show who you are in your way.
Pandora's charms do not have a fixed presentation style, and they are mainly customized. Consumers could match their favorite into unique bracelets, which is also the main difference from the main products of other jewelry brands.
Pandora splits the bracelet into essential bracelets, beads, pendants, safety buckles, and other parts for sale.
Therefore, consumers can choose and match bracelets according to their hobbies and styles.
The simplest one probably only needs eight beads to complete, and a string of bracelets can hold about seventeen beads at most.
In this way, the price of each string of thousands or tens of thousands of bracelets seems to have dropped a lot, and it is also within the spending power of most female users, increasing the universality of gift-giving.
Adopting such a model of stringing beads one by one can more stimulate consumers' desire to buy and increase the customer's repurchase rate:
After the first purchase, consumers will continue to change pendants and beads according to changes in daily needs, festival nodes, dressing styles, etc.
The success of this consumption model is that if people step into Pandora every month to buy a bead for a few hundred dollars, they may spend thousands or even tens of thousands of beads a year, and she does not realize it. They spent so much money.
Pandora Charm
Wide product variety
The update speed of jewelry is different from that of watches. It needs to update many times a year, while Pandora is updated more than six times. The update interval of fewer than two months makes new and old customers overwhelmed.
Coupled with the already massive number of basic models, it is dazzling, which also fascinates consumers.
It is also an exact test of supply chain management capabilities.
Soft market
I asked my partner why he likes Pandora. It's fantastic, and everyone on the bus recommended it!
Of course, it may be an example, but Pandora's pervasive marketing can also see.
Marketing is the bridge between products and consumers, and star cooperation is an important marketing tool in fashion jewelry brands.
In addition, Pandora's press release marketing is also doing well.
The articles I have read are:
Pandora: A silver seller, why should global stars love it?
Pandora: the voice of romance and individuality
Why is the "Pandora Bracelet" popular in the circle of friends?
Why is Pandora so successful? Explore the magic of Pandora's marketing
Beauty is crying. Look at the various matching schemes of Pandora bracelets.
........
All kinds of articles that emerge in an endless stream finally lead to Pandora being very popular; it is lovely.
In 2010, Pandora went public, and in less than 40 years, it has upgraded from a small Danish jewelry store to a world-renowned jewelry brand.
The positioning of Pandora has always been not high-end luxury but personalized and affordable jewelry. This positioning meets the needs of most women for jewelry: they used to want to buy it, but now Pandora has become a choice.
Post-reanalysis of Pandora's channel strategy
Pandora's development to its current status is primarily due to the style and design of the product and the precise needs of the crowd. Marketing is only a bridge between products and consumers.
Of Pandora's existing customer base, 60 percent of women started Pandora by receiving gifts. 50% of the gift-givers are men. The witty Pandora began to encourage its female users to create a wish list and then share it with their friends, stimulating everyone to send "Pandora" as a gift.
That's why I bought Pandora and am interested in the brand.
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