Macy Brand Essay Example for Free

Macy Brand Essay1. Macys is cardinal of very few brands in the sell business that can credibly be called an icon, and the flagship store in New York and the Macys Thanksgiving Day Parade are considered a commercial and cultural legacies. Since any(prenominal) years ago Macys Inc. has undertaken an extensive effort to transform Macys from a regional to a depicted object brand, redefining itself. Macys national branding strategy is offering a more than localized, personalized retail guest eff. My Macys is a sweeping initiative designed to embed a customer-centric orientation into all aspect of the partnerships operations, and it reflects the way Macys wants its customers to view their personalized relationship with the company every(prenominal) time they interact with the brand. Macys believes that the aim is consistency and the key is information.To implement the kind of customer-centricity envisioned a customer data strategy was a prerequisite. So was needed to consol idate the various data repositories that had store from predecessor companies, and for realizing the foundational importance of this work on a long-term macys.com need to turn to IBM to provide focal point and tools. To finish the virtually transformation macys.com worked to put in place the architectural elements needed for a 360 stagecoach view of its customers to support a strategy of multichannel integration.2. Considering this IT implementation Macys is able to know customers preferences and create dynamically customizes recommendations or personalized promotions and these information established a deeper level of engagement amidst the customers and the brand, the customer loyalty, wallet share and the sales will increase. This implementation improved the decision making and optimized the dispersion center. All these benefits had make Macys a much more customer-centric company.3. A data strategy was a pre-requisite towards Macys multichannel model to Macys be able to find more customer-centric. This mean, it was needed to capture customer data to modify Macys to interact on a more personal level with its customers. So all the previous customers data and a 360-degree view of the customer will personalize and enrich the customer experience in the company.To get all the information from previous data and from the 360-degree view of the customer, Macys turned to IBM and they provide IBMInfoSphere information Server platform and IBM InfoSphere DataStage to integrate the multiple sources of customer data, they also provide IBM InfoSphere QualityStage to ensure that all data can be trusted and finally they provide IBM InfoSphere Warehouse Enterprise Edition to macys.com be receptive to get data warehouse framework for real-time analytics.4. To understand if this information system is strategic for the company I will do a 5 Forces of Porter analysis. According with the benefits of the IT implementation Macys customers will become more loyal at the brand w hat will minimize the bargaining power of the buyers. Working with IBM do Macys able to understand the evolving business needs to take the right decisions on technology and architecture, what make Macys more flexible to changes, and that will decrease the threat of substitutes, the bargaining power of suppliers and the threat of new entrance. With all the nerveless 4 forces will bow rivalry decreasing it. To conclude, all the 5 forces have no influence on Macys strategy what means that this information system is strategic for the company.5. To transform Macys from regional to a national brand and become a more customer-centric company was need to transform in scope, the physical, logistical and organisational dimensions. According with The Venkatraman model Macys has achieve revolutionary levels being at the Business Scope Redefinition Degree Transformation.