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Key elements of lululemon's strategy
Key elements of lululemon's strategy
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the fabric will not stretch out and the nylon provides coverage. (Lutz, “Here's What's So Special About Lululemon's 'Luon' Fabric”, 2013)
“Lululemon’s primary target customer is a “sophisticated and educated” woman who wants to pursue a healthy lifestyle. She is trying to balance the dual responsibilities of career and family, trying to balance work, life, and health.” (Dalavagas, “SWOT Analysis: lululemon athletica inc.”, 2016) Most of the women that make up the target market are in the age group of 25-34. The secondary target customer of the Lululemon product is the women in the age group of 18-24. (“Lululemon Social Media Marketing Plan”) The target market are those people that believe in the mission statement of Lululemon. “Lululemon’s
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mission extends farther than apparel into educating its customers on being healthy in all aspects of their life. Lululemon states “we believe [our customer] pursues exercise to achieve physical fitness and inner peace”. These customers are loyal to the brand because of its mission, and feel inspired by the sense of community through Lululemon’s Facebook groups and blogs like “Lululemon Addict".” (Acarron, “Lululemon Athletica Retailer Profile”). The main target demographic for Lululemon is women with families, because children add to the woman's busy lifestyle. . the more kids they have, and the children add to the busy routines of their life. Another important demographic are non-whites because of their interest and the money they spend on sports apparel (Acarron, “Lululemon Athletica Retailer Profile”). The Lululemon marketing team contributes greatly to their differential advantage.
"Lululemon was the first place that provided workout clothes that women weren't embarrassed to be seen in, they could even grab dinner after yoga if they wanted to.'' (http://www.businessinsider.com/lululemon-brainwashes-women-2012-4) This means that women will pay anything to boost their self-esteem and to impress others. One of Lululemon’s strategies that they used on their website was; "Friends are more important then money," shouldn't we spend all of our money on yoga gear?” (http://www.businessinsider.com/lululemon-brainwashes-women-2012-4) Is this the only reason that women will spend more on Lululemon’s apparel? Lululemon actually uses real women to market the active lifestyle and to make it seem more attractive. They hire “ambassadors” in each city where they have a retail establishment to head yoga classes in exchange for free clothing. Some of the stores even have these “ambassadors” doing yoga in the store windows. “This sends a message to young, female consumers that the brand is made for and embraced by them.” (https://www.huffingtonpost.com/2012/04/09/lululemon-workout-clothing-marketing-women_n_1412351.html) The Lululemon’s athleisure product is very pleasing to women's needs to make themselves better. So many women will pay more for the product. However, women buy the Lululemon brand because of the quality. Luon, the fabric used in tanks, pants and jackets is generally a
nylon/spandex blend and it’s a key part of Lululemon’s secret when manufacturing their athletic clothing. This material makes the clothing fit nicely and is soft to the touch. It makes a person want to pay more for a product that feels good on and fits “just right.” (https://medium.com/global-threads/luon-a-trademark-of-lululemon-1b2e2c74d0cc)
Second, marketing Objective is to promote our products to children and their parents as tasty, yet heart-healthy, to fit the needs of each of the two defined target segments. Expand product line to fit the changing needs of the 13-18 year old consumers (Camenzind and Umscheid, 2016).
The objective of this social media marketing plan is to present a marketing strategy for the J.M. Smucker company, which is among the most reputable food brands in the USA. The company is headquartered in Orrville, Ohio and is a manufacturer of ice cream toppings, natural peanut butter, beverages, shortenings and other products. In the recent past, the company has been failing in its social media presence due to bad publicity occasioned by its anti-GMO labeling campaign efforts. The company is known for its ‘family-friendly foods’ but uses genetically modified ingredients in its products. The anti-GMO labelling campaign support has adversely affected the company’s standing with consumers as evidenced
In the article, “The Fashion Industry: Free to Be an Individual” by Hanna Berry, Berry discusses how for decades women have been told to use certain products and that if they used those products they would be beautiful. Women over the years have believed this idea and would purchase items that promised to make them prettier, thinner, smarter and even more loved. However, in reality it was never what they wore on their bodies that helped them be any of those things; but what it did help with was to empower women to become fearless and bold by what they chose to wear on their bodies as a form of expression.
day. lululemon athletica uses fabrics for their apparel that are most suitable for athletic pursuits. The main fabric that they use is called “luon”, which is a mixture of spandex and nylon. The sizes that lululemon athletica offers range from US sizes 2-12 in their tops, bottoms, sports bras, and outerwear.
For example, lifestyle is one the major psychological factors that pushes the organization’s strategy. Lululemon wanted to create a “community hub where people could learn and discuss the physical aspects of healthy living, mindfulness and living a life of possibility”. Customers buy high end ‘lulu’ leggings to be part of the self-transformation movement lifestyle. The clienteles who purchase Lululemon’s leggings also perceive them to be of higher quality, thus don’t mind spending more if they receive better quality in return. Overall these psychological factors make Lululemon a popular exclusive brand that promotes the idea of a better lifestyle, this consumer behavior has helped Lululemon become more known with many sociocultural influences. With the increase of yoga and social media throughout the years, Lululemon is presented as a staple for yogi’s and athletes online and in person. Yoga instructors teach classes, pose in Instagram photos, and participate in self-exploration experiences all while wearing Lululemon leggings. This sparks the interest of consumers new to the lifestyle who view this as an influence to buy a pair. Lululemon also have a loyal clientele base that rave about the quality and comfort that come with buying a pair of Lululemon leggings. With the popularity, and the higher cost, many see buying a pair of leggings as
The first Lululemon store was initially created as a place for people to gather to learn and share ideas about a healthy lifestyle. As the company expanded, Lulu could no longer target every individual walking into the store with knowledge of healthy living. At this point, the company shifted its focus to educating their employees who could positively influence everyone who walked into the stores. The thought and reasoning that went into the first Lulu store has continued as the company has grown. It has continued to target active people while pushing everyone towards a healthy lifestyle. Its main target market is young woman, between 15 and 34 years old, in the middle to upper classes. One of Lulu’s top products is its yoga pants, which along with a majority of the products Lulu creates, are made to wear during exercise. The style and fit of this clothing helps men and women alike to look good while working out, this leads to a boost in self-confidence and self-esteem. On the other hand, the close fitting material incentivizes people to stay active and eat healthy in order to fit into the clothing that is offered by Lululemon. In the past few years Lulu has expanded its target market to include active males as well. The same material is used in the male products, so the male consumers benefit in similar ways as the woman consumers.
market is a set of buyers sharing common needs or characteristics that the company decides to serve (Bethel, 2007). When identifying the target market it is important to know who buys your product and who your customers are. Smart targeting benefits the consumer as well as the company. It allows the company to be more efficient and effective by focusing effort toward that segment; therefore maintaining the most profitable outcome. The consumer is rewarded by receiving the product or service that is customized for them.
Advertising Objectives: The advertising objectives for Lululemon are comprehension, desire, and action. Lululemon wants consumers to have a better understanding of the benefits and features of Lululemon so that the consumer differentiates them from their rivals. Lululemon also wants to further implement consumer desire. Once a consumer has an inclination towards Lululemon, it can become all they think about and this could lead to the final objective: action. Lululemon wants consumers to know that they have fashionable and high quality workout clothing compared to its competitors. The advertisement should affect consumer actions by convincing the consumer to abandon Lululemon’s competitors in favor of Lululemon.
Lululemon, a premium yoga-focused retail chain, serves two market segments. One segment consists of consumers who are characterized as “trendy urban” and the other segment consists of “wealthy” consumers. The “trendy urban” segment, in summary, is fashion oriented or active women who live in metropolitan areas. The “wealthy” market segment is affluent women who live in either urban or suburban areas. As discussed below, these two market segments are defined by differences in demographics, geography as well as behavioral and psychographic characteristics.
In relation to this case, Target Corporation depicts a brand personality among its target audience. Target Corp. is considered as the retail store that caters to the younger and more educated and well-off clientele as to compare with its rival. In a survey conducted, Target Corp. shoppers fall on a 46 years old age median, mostly female, have children at home, and attended or completed college (Target Corporate Facts, 2006). Thus, the target market is perceived to be sophisticated. However, with the corporate values the corporation applies, the brand personality serves as one of its distinguishing pro.
Burberry target audience is designed for both sexes however it is dominated by the female target audience who have a high disposable income. The brand has their own childrenswear range which can appeal to parents but are likely to be people from wealthy backgrounds. Burberry is famous for appealing to celebrities who purchase coats and dresses which have a high end appeal. Burberry focuses more on customer value in order to attract and retain costumers. With the aim to achieve this by producing a marketing concept by meeting and exceeding costumer needs then their rivals.
In June of 2013 Lululemon recalled a product from its shelves in order to improve the sheerness of the fabric used on the popular pants that customers had complained about (Time). A couple of months later in August of 2013, the company began to be criticized for lacking interest in offering a plus size clothing line (Huffington Post). The company continued to be labeled as discriminatory against the overweight population and customers continued to be unhappy. After Lululemon’s name was almost out of the headlines for the yoga pants recall and lacks of interest in a plus size line, another controversy occurred (Time). The Co founder of the company, Chip Wilson, released a fat shaming statement that took another toll on the images brand
Marketing through Social Media (Exploratory Essay) Throughout the ages there have been many intriguing ways that businesses have portrayed their product or services for accessibility. Recently, businesses have been researching how to market the businesses product through the World Wide Web. With websites such as Facebook, Twitter, Instagram, it started becoming popular within the past 20 Years. People have started to rely heavily on the internet over the past decade, whether it be for searching for information on products or people.
Today, vast product selections require marketers to identify and understand their target market, and to ensure their message is specifically directed to, and clearly received by their target market. In Dove’s example, early marketing strategies targeted all woman who needed an alternative to harsh soaps. However, as soaps progressively became less harsh, the Dove brand required more strategic positioning in the minds of their consumer. When speaking to Dove’s re-positioning efforts, Flagg (2013), points out that while similar products associate brand image with slender, stereotypical models, Dove’s “2004 campaign for Real Beauty” (p.1) specifically targeted ordinary women, celebrating women’s diverse body shapes, and the importance of every woman feeling good about herself (p.1). With ever increasing product offerings entering the marketplace, marketers must clearly communicate to their target group why their product is right for them, as compared to other
The target market will be specifically made up of males and females ranging in ages from 18- 45. This segment was selected as many people younger than this age are still having their meals selected for them whereas those who are older than this bracket are seeking a healthier and more holistic lifestyle. For secondary target markets healthier products should be provided as well as products for children