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In the corporate world, benchmarking is when
a company looks around and surveys the best practices in the
industry it belongs to, hoping to emulate these practices
in order to succeed. In the retail fashion business, one company
whose best practices are worth benchmarking is - excuse the
pun - Bench.
For
Both Class & Mass Markets
The registered trademark of Suyen Corporation, Bench is one
homegrown brand which competes against well-known international
brands like Giordano, GAP and Guess, to name a few. Bench
also contends with the other local brands that followed suit,
and the mushrooming industry of non-traditional retailers
or the so-called tiangges. Although priced significantly lower
than the foreign brands and somewhat priced similarly as its
comparative local brands, Bench was able to cut across the
mass and sophisticated markets given the variety and quality
of its products to emerge as one of the exemplars in the retail
industry.
Bench has grown into a giant retail chain whose
cash registers never stop ringing. A decade and a half after
its first outlet opened in Shoemart Makati in 1987, Bench
has now expanded its network of company-owned stores to 79,
including sister-brand Herbench. On top of this, the company
also supplies 30 franchise outlets and 71 concessionaires.
Bench has also stretched its reach into some Asian and Middle
East markets.
Ben Chan is Bench
At the helm of Bench as chairman and executive creative director
(and founder) is Ben Chan. The Bench trademark was actually
taken from his name. But more than the name, the success of
Bench can be attributed to the man whose dream to create a
Philippine fashion brand far exceeded even his own expectations.
Ben Chans interest in design can be traced
back to his college years when he was deeply involved in the
production and design of furniture and home accessories at
the Chan family-owned Chan C. Bros. Furniture. With the success
of the Bench empire, Ben Chan has proven that his designing
talent is not limited to furniture but to everyday clothing
fashion as well. The clothing lines of Bench carry the Ben
Chan-style which combines trendiness with simplicity.
Going International
Bench tested the waters in foreign markets as early as 1994,
opening a franchise outlet in Al Khobar, Saudi Arabia. Today,
there is one Bench store each in Kuwait and Guam, two in Riyadh,
and three in China. Bench also has authorized retailers in
the United States (four stores), United Arab Emirates (three),
China, Canada and Palau.
There were reported setbacks in the companys
overseas expansion. For example, the first Bench store in
China was not successful. Bench opened its first outlet in
China in a small corner of a big department store a decade
ago and it had to close after three years of operations. Undaunted,
the Bench team re-studied the quite complicated Chinese market
for years before staging a come-back, opening two stores in
Xiamen and one in Shanghai this year.
The Philippines Marks &
Spencer
When Bench was just starting, its merchandise mix covered
mainly locally-manufactured mens shirts, trousers, and
footwear. The Bench line has since expanded with a wide array
of products for men and women. Aptly reflecting its product
expansion, Benchs business description has become the
production, import and sale of ready-to-wear apparel, accessories,
cosmetics and body care products, and exclusive distribution
of imported fashion labels. Bench stores now even carry snack
items. In 1999, it launched Bench Bytes, its food line, which
initially featured candies, marshmallows and popcorn, but
now includes cold drinks like canned coffee.
Observers have likened Bench to foreign-retailer
Marks & Spencer. Although priced at the mid-high range
versus Marks & Spencers high-end positioning, one
comparable strategy of the two international store chains
is their mix of clothing, personal care products, and food
lines to enable them to leverage on their stores customer
traffic.
Savvy Marketing Strategy
Aside from design, quality and affordability of merchandise,
Benchs secret to its success has been its savvy marketing
strategy, ranging from celebrity endorsements to unconventional
advertising, even to fashion shows.
The Bench experience is a testament to the fact
that celebrity endorsements do sell. Ben Chan, who helped
introduce the concept of celebrity endorsers to the Philippines,
is known to spend tons of cash for his celebrity-driven ads.
His top endorser for the Bench label has been movie star Richard
Gomez. Signing up with the company in 1988, Gomez was Benchs
first image model.
The giant poster of Gomez plastered on the wall
at the reception area of Benchs headquarters, made more
dramatic by the companys mission and vision painted
beside it, reminds one about the immeasurable contribution
of Gomez or a celebritys product endorsement
for that matter - to Benchs commercial success.
A handful of young and not-so-young stars have since then
joined Gomez in making the Bench brand recognizable. Some
of the Bench endorsers in the past have been the Guwapings
composed of Mark Anthony Fernandez, Jomari Yllana and Eric
Fructuoso. The newer ones are Lucy Torres-Gomez, Diether Ocampo,
Borgy Manotoc, Marc Nelson, Aubrey Miles, Richard Gutierrez,
and John Prats. This select gorgeous roster of Bench and Herbench
image models is intended to reflect the vibrance and trendy
fashion sensibilities of the clothing label.
Nice Ads
Over the years, Bench has also been able to create beautiful
and unconventional advertising. Who can forget the Bench television
commercial which had Richard Gomez rowing on a quiet sea with
a soothing hymn as background music? For that TV ad which
went by the title of A Day in the Scullers Life,
Bench was awarded Best in Cinematography at the 1991 Philippine
Advertising Congress. Since then, the company has often been
an awardee at the Ad Congress almost every year.
Benchs billboard ads are equally catchy. In 1993, the
first of the Bench billboards to go up reportedly caused so
much traffic on the roads, it became a news event in itself.
Exciting Shows
Bench has also been known to mount exciting fashion shows.
The shows were a hit not only for their audacity but also
for their ability to pack in crowds in huge halls no
small feat for fashion shows. The hard-to-miss Bench underwear-cum-hunk
show at the World Trade Center in 1997 was the pioneering
show.
Five years later, Ben Chan beat his own record
by staging Benchs One Night Only underwear
show at the huge Araneta Coliseum, which had models and movie
stars once more catwalk in sexy and fashionable underwear.
It was such a hit that it caused traffic jams in Cubao on
the night of its staging. One Night Only was also
touted as the first-of-its-kind in the country in being successful
in baring flesh in a big venue, and still keeping within bounds
of the censorship authorities.
Those jampacked shows have proven Benchs
track record in generating creative and unconventional gigs,
and, more importantly, in being able to bring together all
its target markets. As a result, Bench underwear lines are
such a hit, in spite of the existence of quite a number of
established competitor-brands.
The Right Mix
Bench is indeed one successful homegrown brand, even on its
way to building a name overseas. How Ben Chan and his team
have done it is no secret. The many factors which enabled
Bench to be a top-rate retailer are seen from the brave ways
it has done its expansion, merchandising, promotions and advertising.
Bench still has much room to grow in terms of product lines
and local and international markets to expand to. Indeed,
one good company to benchmark on.
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