katherine gelineau, leah tinker, hannah woods, sarah sinclair, georgia nolen
TRANSCRIPT
Background
• Established by Roy Raymond in the San Francisco area during the 1970s
• 1982 sold to Limited Brands for $4 million• now worth over 1 billion dollars
• By the early 1990s the largest American lingerie retailer
• Offers customers choices in clothing, accessories, fragrances, personal care, swimwear, and athletic attire
Background
• Operating more than 1,000 stores across the U.S.
• PINK - Founded in 2004 over $1billion in sales in 2010
• International Expansion• Canada, Middle East, United Kingdom, and
Caribbeans• Business primarily conducted in the
Columbus, Ohio area
Traditional Communication• Annual Victoria’s Secret Fashion Show aired on CBShttp://vsallaccess.victoriassecret.com/2011/11/28/2011-victorias-secret-fashionshow-tv-commercial/• Markets through nationwide retail stores• Distributes Victoria’s Secret Catalogue• Buys commercial spots on major networks• Organizes and publicizes special events
Online Communication
• Facebook-Over 15 millionhttps://www.facebook.com/victoriassecret
• Twitter-Over 300,000 Followers
http://twitter.com/#!/victoriasSecret
• YouTube-2,584,739 Viewshttp://www.youtube.com/victoriassecret
• iPhone, iPad, and Android App
Need for Social Media Monitoring
• Strong presence on social media-Twitter-Facebook-YouTube
• Younger Audience • Blogs• Monitor Competition (Playtex)
Methodology
• Keywords– VS Pink– VS Fashion Show– VS Angels– Lingerie– Bras
• Addict-o-matic, Social Mention, Moniterr• Twitter, Blogs, Google Trends• Source Credibility
Strengths
• Advertising strategy:• Catalogues - Over 390 million copies are
distributed in the U.S. alone• Printed Ads in Magazines & Newspapers• T.V. commercials
• Annual Fashion Show• Reaches an audience of over 1 billion people
Strengths
• Store front/interiors• consistent with the Victoria’s Secret image
• The Supermodels or “Angels”• Positive shopping experiences with customer
service • Direct Client Contact Centers • Facebook/Twitter• Contests
Weaknesses
• Established target market– Not open to growth
• Response to consumers– Need to be more present in the “conversation”
online
Threats• Public and the media criticize
VS for promoting unattainable thinness with the prestigious “angels”
• Fashion show provokes numerous complaints about it being indecent or obscene and could get fined by the FCC
• Selling a provocative image that could offend certain people
Recommendations
• On Twitter and Facebook they should directly respond to their fans/followers on a more regular basis.
• Redesign VS home page to make the Facebook link more prominent and visible, rather than in the bottom right hand corner.
• Create a blog dedicated to directly communicating with customers to answer questions, solve issues in store and online, etc.
• Let customers know about coupon scams that spread through social media and how they can spot fake discounts.
• Participate in the conversation with influential bloggers who talk about Victoria’s Secret.