CREATE 4-5 BULLET STATEMENTS FOR SOME PROJECTS
By: Paola Marrone / Ornella Vanoni / Arianna Bottome
DEMOGRAPHICS Age- 25 Gender- Female Education- College and up. Photography and Fashion Major. Income- +$50,000 Location- Raised in London, Lives in New York PSYCHOGRAPHICS Lifestyle- She is currently a fashion/street style blogger that goes around capturing the freshest trends and fashionistas. Taste Level- Edgy, Modern, Trendy & Urban. Values/Beliefs- very tolerant towards the faiths of others, celebrates diversity.
Rachel Schmidt
Target Market
ANDROGYNOUS
LAID BACK COMFORT
CHIC EDGE
EFORTLESS URBAN
MODERN CASUAL
LOOSE SPIRIT
Product Category Opening P.P. Average Price Top Price
Coats & Jackets $450 (30%) $695 (40%) $995 (30%)
Sweaters $160 (30%) $295 (45%) $450 (25%)
Tops & Blouses $150 (40%) $275 (50%) $795 (10%)
Dresses $395 (35%) $525 (55%) $995 (10%)
Bottoms $270 (25%) $550 (40%) $1,295 (35%)
Denim/Jeans $175 (10%) $198 (50%) $220 (40%)
Shoes $275 (15%) $495 (45%) $550 (40%)
Product Category Opening P.P. Average Price Top Price
Coats & Jackets $795 (20%) $1,795 (50%) $3,495 (30%)
Sweaters $495 (25%) $750 (50%) $2,100 (25%)
Tops & Blouses $450 (15%) $795 (65%) $1,995 (20%)
Dresses $650 (25%) $1,195 (60%) $2,995 (15%)
Bottoms $495 (10%) $795 (70%) $1,295 (20%)
Denim/Jeans $225 (10%) $295 (55%) $395 (35%)
Shoes $475 (40%) $650 (45%) $1,350 (15%)
Aspirational Competitor Price Grid Analysis
Product Category Opening P.P. Average Price Top Price
Coats & Jackets $228 (20%) $578 (50%) $1,298 (30%)
Sweaters $218 (25%) $338 (60%) $428 (15%)
Tops & Blouses $108 (20%) $228 (50%) $298 (30%)
Dresses $278 (27%) $328 (45%) $428 (27%)
Bottoms $198 (30%) $238 (60%) $1,278 (10%)
Denim/Jeans $145 (15%) $189 (60%) $268 (25%)
Trade-Down Competitor Price Grid Analysis
ADVANTAGES
- Wearable clothing styles melds classic tailoring with an edgy New York aesthetic -
- Quality of materials and detailed development of the garments are part of the brands philosophy -
- The brand engages with art and style that are
deeply influenced by it -
DISADVANTAGES
- Many designs are very simple garments you can find in substitute brands, it is not highly differentiated -
- The brand owes its success to effective marketing campaigns, not
precisely the product -
- Even though they offer a unique quality, their garments are considered to be overprized because of the simplistic designs -
Competitor Chart Analysis
Best Quality
Low Quality
Edgy Style
Urban Style
Competitor Chart Analysis
High Price
Low Price
High Fashion able
Low Fashion able
Competitor Chart Analysis
Luxury Classic
Mass Classic
Good Marketing Media
Poor Marketing Media
RETAIL
-Introduce sales/promotions on selected apparel. Boost sales by
15% -Launch loungewear line for men
and women in all flagship stores. -Introduce new jeans and shoes
campaign.
WHOLESALE
-Introduce the loungewear line as more contemporary line.
-Expand the men’s collection. -Feature a new promotion/sale for
overproduction. -New jeans and shoes line launch at Bloomingdale’s, Nordstrom and all department stores globally.
INTERNATIONAL
-Introduce new jean and shoes line.
-Introduce loungewear line. -Introduce new promotion/sales.
-Boost sales by 12% at all international stores.
E-COMMERCE
-Establish e-commerce for new loungewear line.
-New Rag and Bone Jeans and shoes Campaign on site.
-Increase e-commerce profits online. Boost sales by 15%
-Introduce new app.
Objectives FY16
Marketing Budget FY16
Revenue Fiscal Year 2014: $135,000,000.00
Budget Fiscal Year 2016: $13,500,000.00
Category Proposed Expenditure Web Advertising/Social Networks $700,000
Videos $500,000
Events $800,000
Print Advertisements $750,000
Trade Advertisements $450,000
Web/Media Developers $300,000
Fixtures and Remodeling $800,000
Production $1,500,000
PR Agency $600,000
Media Agency $600,000
Advertising Agency $600,000
Photo Shoots $800,000
Printed Materials $600,000
Sponsorships $500,000
Content Creation $250,000
Promotional Products $600,000
Samples $200,000
Fashion Shows $850,000
Digital Agency $600,000
Miscellaneous $900,000
Monthly Marketing Budget FY16
Category Feb-16 1-Mar Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Total Web Advertising/ Social Networks $41,666.70 $41,666.70 $41,666.70 $41,666.70 $100,000 $41,666.70 $41,666.70 $41,666.70 $41,666.70 $100,000 $41,666.70 $41,666.70 700,000
Videos $125,000 $125,000 $125,000 $125,000 500,000
Events $400,000 $400,000 800,000
Print Advertisements $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 750,000
Trade Advertisements $112,000.5
0 $112,000.5
0 $112,000.50 $112,000.50 450,000
Web/Media Developers $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 300,000 Fixtures and Remodeling $160,000 $160,000 $240,000 $240,000 800,000
Production $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 $125,000 1,500,000
PR Agency $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 600,000
Media Agency $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 600,000
Advertising Agency $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 600,000
Photo Shoots $100,000 $300,000 $100,000 $300,000 800,000
Printed Materials $42,000.80 $60,000 $60,000 $60,000
$42,000.80
$42,000.80 $60,000
$42,000.80 $60,000
$42,000.80
$42,000.80 42,000.80 600,000
Sponsorships $125,000 $125,000 $125,000 $125,000 500,000
Content Creation $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 $20,000.80 250,000
Promotional Products $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 600,000
Samples $33,333.33 $33,333.33 $33,333.33 $33,333.33 $33,333.33 $33,333.33 200,000
Fashion Shows $425,000 $425,000 850,000
Digital Agency $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 600,000
Miscellaneous $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $900,000
Total by Month $1,391,403
.13 $847,430.8
3 $658,668.0
0 $789,158.5
0 $997,002 $1,321,220
.30 $992,001.33 $1,539,615
.63 $817,001.33 $912,002 $1,461,373
.30 $1,369,737
.63 $13,500,0
00
Digital Campaign: Social Media
Digital Campaign: Social Media
Fall 2015- Gabriella Wide Spring 2015- A.Berges Frisbey Fall 2014- Winona Ryder Fall 2014- Michael Pitt Spring 2014- Emilie Hirach Fall 2013- Lea Seydoux Fall 2013- Michael Pitt Fall 2013- Accessories Spring 2013- Kate Moss Fall 2012- Kate Moss
Print Campaign
Print Campaign