Retailer Price Line Analysis

¶ … Nordstrom department store that produces "Jackets" alters the garment's designs, fabrics, color, trims, at three different price lines; Bridge, Moderate and Budget for their target markets. Retailers set price lines for their merchandise to help in profit maximization. Therefore, it is vital for retailers to estimate prices for their products to achieve this. According to Fashion 101, there are seven terms used to categorize merchandise by price of which three are commonly used; bridge, moderate and budget. The Bridge category has a designer look for less.

The Moderate category is broad & includes major brands which are usually referred to as "fast fashion." The Budget category falls in the lower pricing spectrum and usually consists of casual wear which appeals to the masses. The Nordstrom department stores carry these three categories of merchandise for their target markets (Miller, 2012). Here are some examples: Bridge Category: Classiques Entier 'Brenna' Leather Jacket A nonfunctional zipper marking the waist creates a flattering peplum effect for a supple leather jacket with notch collar and epaulets adding a vintage-moto vibe.

Hidden zip placket. Front pockets. Trapunto-stitch cuffs with zip closure. Approx. length from shoulder: 23 1/2." Fully lined. Leather; professional leather clean. Studio 121. $468.00 Moderate Category: Caslon Leather Jacket Shapely seams structure a cool leather jacket that gets a feminine touch from quilted shoulders and elbow patches. Front off-center zip closure. Zip cuffs. Zip pockets. Approx. length from shoulder: 20 1/2." Lined. Leather; professional leather clean. Point-of-View. $298.00 Budget Category: Halogen Open Shawl Collar Jacket A short jacket tailored for a feminine fit adds instant polish to any outfit. No closure. Front welt pockets. Approx.

length from shoulder: regular 24"; petite 23." Fully lined. Polyester; dry clean. Point-of-View and Petite Focus. $99.00 Product Descriptions Bridge Price Line Classiques Entier is a brand name of Nordstrom offering sophisticated designs and well-constructed essentials in luxurious European fabrics (Nordstrom Inc., 2012). The collection features versatile styles and current trends interpreted for the workplace. The effect is confident, stylish and feminine with a touch of glamour. Therefore, the products in this price line are priced expensively with some ranging as high as $500 per garment.

Moderate Price Line Products under Caslon are believed to be fashionable. This is due to the notion that every woman wants to look good when she gets dressed. This versatile collection creates looks that are casual, stylish and comfortable (Nordstrom Inc., 2012). These products are not sophisticated as those in the Classiques Entier brand collection. Thus, these products are priced rather cheap with most retailing at approximately $200 to $400. Budget Price Line Products in Halogen label are cheap and affordable.

This label's work-to-weekend apparel combines modern, feminine details with clean styling (Nordstrom Inc., 2012). The multi-functional mix of statement-making looks and wardrobe-boosting essentials manages to bridge the gap between trendy and timeless with ease. In addition, garments in this price line are made of cheap materials to make them affordable to the public. Most products using this brand name are priced below $150. Pricing Modifications The jackets retailing in the bridge price line are made of leather incorporating fur frames with front zip pockets as well as interior chest pockets.

In addition, they are fully lined made of lambskin leather with fox fur trim. These design materials using in making these jackets are expensive to acquire making jackets in this price line very expensive. Moderate price line jackets are made of wrinkled leather integrating artful topstitching build supple dimension throughout a front off-center zip closure with zip cuffs and pockets. The designs of these jackets are not sophisticated as those in the moderate price line. This makes them cheap and low priced than bridge priced jackets.

Budget price line jackets are woolen panels interjecting a bit of cozy softness into an edgy faux-leather jacket. In addition, others are made of polyester, polyethylene, wool as well as viscose rayon. The modifications made to these jackets reduce costs in this price line to bridge and moderate.