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branding management

branding management

branding management
Prada’s Reality Hits Home
By: Mackenzie Baker | Jun 09, 2020
Prada is adapting to shopping restrictions during the Coronavirus pandemic by providing a luxury experience from home. Using virtual reality, Prada’s new initiative guides customers through an immersive, international journey that “overcomes distances” and “stimulates the senses”. The experience lets viewers see Prada’s Spring 2020 collection and explore its Milan, Florence, New York, Los Angeles, and Tokyo flagship stores. The experience also includes an up-close look at the artisanal making of its men’s shoes and a behind the scenes view of the Made to Measure project, the brand’s exclusive and personalized tailoring service.
Prada’s focus on a digitized shopping experience is reflective of its pledge to spotlight innovation for the new year. The launch of a cinematic, travel-infused marketing strategy could increase Prada’s direct-to-consumer sophistication, as noted in a Gartner report on the topic. Additionally, the brand signed a partnership in May with Sprinklr–an AI customer experience platform–to further augment its digital endeavours. Prada made the initiative compatible with a variety of VR technology, including YouTube VR, Veer, Oculus, Youku, and Facebook in an effort to expand its reach further still. Creating a widely accessible VR experience could help cultivate a tech-savvy, yet still luxury-revering audience for the label. It could also set Prada apart from its competitors, as it aims to turn online shopping into more of a tangible experience.
Prada’s new VR venture could open up a new realm of opportunity for luxury labels to connect with customers and modernize the traditional shopping experience on all levels.

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