mkt 445: brand product proposal
TRANSCRIPT
Abercrombie & FitchBRAND PROPOSAL
Alex S. | Grace K. | Jeremy M. | Sophiea K. | Stephy S.
POSITIONINGTARGET MARKET
CATEGORY
COMPETITORSPERCEPTUAL MAP
BRAND POSITIONING STATEMENT
MILLENNIALS: 18-24 yr. olds (college-aged students), 25-31 yr. olds
(young adults in business)
CLASS: apparel retail/fashion CATEGORY: upscale casual wear
Abercrombie & Fitch is the only upscale, American casual apparel brand that
provides a unique shopping ambience to Millennials.
Logo-centric
Customer Service
(5,4)(1, 3) (3,3)
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BRAND MANTRA
BRAND MANTRAEmotional Descriptive Brand Function
Energetic Scholastic Prestige
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NEW PRODUCTS OVERVIEWCONCEPT 1:BUSINESS CASUAL
CONCEPT 2:DESIGNER COLLABORATION
CONCEPT 3:TRUNK CLUB
“Abercrombie & Fitch Business Casual Line is the only dress-up clothes line that allows you to buy numerous stylish products to wear for different occasions.”
“Partnership with famous designers is the only fashionable mixing that gives you distinct collections to wear.”
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“Trunk club is the only trendy and popular website that grants you personal stylists assisting you in choosing designer casualwear at this upscale outfitter.”
BUSINESS CASUAL LINE• Respondents mostly buy Business Casual Clothes at H&M (59%)
and Zara (50%).• Most of the respondents buy Business Casual Clothes 2 to 3 times a
year.• From them, they would purchase Business Casual Clothes from
Abercrombie & Fitch depending on what product from the line.• Most of the respondents are unlikely to buy Business Casual
Clothes at A&F.
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4 FACTOR MODEL
Business Casual
Line
Quality
Logo
Flattering Shape
Preppy Style
Mature
Variety in Store
A&F
Quality
Logo
Flattering Shape
Preppy Style
Mature
Variety in Store
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Business Casual
Line
Logo
OverpricedSnooty
A&F
Logo
SnootyOverpriced
(+)
(-)
RECOMMENDATIONS
DESIGNER COLLABORATIONS 94% of the respondents don’t know any companies, models or
brands currently working with Abercrombie & Fitch. At the same time, 50% of them don’t know any stores
collaborating either. 70% of respondents think that collaborating it’s positive. J. Crew is the most wanted to see collaborating with A&F. 94% of respondents would buy Abercrombie & Fitch
collaborative products again it they were satisfied.
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4 FACTOR MODEL
Designer Collab.
Trendy
Flattering Shape
QualityExcitement
Young
A&F
Trendy
Quality
ExcitementVariety
Young
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Designer Collab
Overpriced
Confusion
A&F
Overpriced
Confusion
Less Variety
Immature
(+)
(-)
RECOMMENDATIONS
TRUNK CLUB 75% of the respondents don’t know services similar to
Trunk Club. MensStyleLab, Amazon and Five Four Club are the main
services cited. Most of the respondents (54%) are interested in using
Trunk Club. 71% of them like the idea of a personal shopper. Most of the respondents think that it would be
unintrigued for Abercrombie & Fitch to partner with Trunk Club.
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4 FACTOR MODEL
Trunk Club Partnership
Personal Shopper
Luxury
Online Shopping
QualitySubscription
Mature
A&F
Americ-an
ClassicPersonal Shopper
Mature
Online Shopping
Customer Service
Luxury
Quality
Preppy Style
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Trunk Club Partnership
Logo
Overpriced
Lost in the Mix
of Competit
ors
Too Many
ChannelsA&F
Logo
OverpricedToo Many Channels
(+)
(-)
RECOMMENDATIONS
OVERALL RECOMMENDATIONS
BUSINESS CASUAL DESIGNER COLLABORATION
TRUNK CLUB
YES NO NO
3 BRAND EXTENSION CONCEPTS
WINNING CONCEPT IS BUSINESS CASUAL! Of the three proposals, Business Casual was most liked by the respondents in our primary research. While the other two ideas had potential, business casual would increase equity of existing A&F by increasing complimentary purchase and purchase intent.
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OVERALL RECOMMENDATIONSWINNING CONCEPT | A&F BUSINESS CASUAL LINE
PRODUCT PRICE PROMOTION PLACEMENT
OVERALL RECOMMENDATIONSWINNING CONCEPT: Business Casual
POSITIONING:“A&F’s business casual line is the only apparel line provides a unique shopping ambience to Millenials in need of a more professional attire.”
TARGET MARKET:MILLENNIALS: 18-24 yr. olds (college-aged students), 25-31 yr olds (young adults in business)
CLASS | CATEGORY | TYPE:Direct Competitors: Zara, Express, H&MIndirect Competitors: Target, Anthropologie, TJ Maxx, Marshalls, Nordstrom Rack,
POPs PODs
• Work appropriate• Professional• Various styles• Multiple color options• Large consumer base
• More exclusive price strategy
• High quality fabric • American heritage style• Great customer service• After purchase service
HIGH QUALITY FABRIC
LOW QUALITY FABRIC
WORK APPROPRIATE
CASUAL CLOTHING
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