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Company Analysis November 16,2011 President University, 4 th Floor

Rockport Business Plan Concept

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This is a mid term project of Business Plan Development subject in my campus. in this slide, I and my group members tried to present about Rockport shoes business plan including the history, marketing mix, competitor, etc

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Page 1: Rockport Business Plan Concept

Company AnalysisNovember 16,2011

President University, 4th Floor

Page 2: Rockport Business Plan Concept

Group 3.

Team Members

1. Hesty Oktariza (014200900073)

2. Intan Suhartini (014200900077)

3. Nguyen Thi Huyen Trang (014200900111)

4. Renate Shafrila D.P (014200900131)

5. Rista Marliyani (014200900197)

6. Sabrina (014200900139)

Page 3: Rockport Business Plan Concept
Page 4: Rockport Business Plan Concept

1. The Company

2. Industry Analysis

3. Competition Analysis

4. General Business

Strategy

5. Tactics

6. Print Ads

7. TV Commercial

8. Conclusion and

Recommendation

Page 5: Rockport Business Plan Concept
Page 6: Rockport Business Plan Concept

The Rockport Company

• The Rockport Company is a manufacturerof shoes based in Canton, Massachusetts. Founded

in Marlborough, Massachusetts in 1971 by BruceKatz, the company produces footwear and

operates stores in the United States and 66countries around the world. It was purchased in1985 by Reebok, today a subsidiary of German

shoe company Adidas.

Page 7: Rockport Business Plan Concept

Product History

1971Bruce and Saul Katz found the

Rockport company.

Began selling shoes from the

back of their van

1982Rockport

creates its first line of woman

shoes.

1983Rockport launches

DresSports®,thefirst ever classic

dress shoe engineered

with an athletic sole

1990Rockport vice

president, Tony Post, runs the

NYC Marathon in DresSports®, a truestest of the

product remarkable

cushioning and support

1993Climbers wearing Rockport

Umbwe Trail reach the top of Mt. Kilimanjaro

Page 8: Rockport Business Plan Concept

2005Rockport introduce

washable boat shoesfor both

man and women.

2006Rockport is acquired by

adidas, which allow access to

technologies like adiPRENE® and

Torsion®.

2010Rockport continues

its tradition of combining

contemporary style and engineered

comfort to enable people to do

more, be more, and live more.

Product History

Page 9: Rockport Business Plan Concept

Group of Companies

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Adidas72%

Reebok16%

Taylor Made

8%

Rockport2%

CCM Hockey

2%

Sales

World Market Share

Page 11: Rockport Business Plan Concept
Page 12: Rockport Business Plan Concept

Industry

Analysis Industry Map

Consumer Analysis

Hot NewsFuture

Analysis

Cross-Link

Strategy

Page 13: Rockport Business Plan Concept
Page 14: Rockport Business Plan Concept

Industry

Analysis Industry Map

Consumer Analysis

Hot NewsFuture

Analysis

Cross-Link

Strategy

Page 15: Rockport Business Plan Concept

INDUSTRY MAP OF

FEMALE FOOTWEARTypes

Comfort

Price

Brand

Page 16: Rockport Business Plan Concept

Types

Source: www.packagedfacts.com

Page 17: Rockport Business Plan Concept

Types

Source: www.packagedfacts.com

Page 18: Rockport Business Plan Concept

• Results from a small research from 60 female students randomly (15 Chinese, 20 Vietnamese, 25 Indonesian)

Research from 60 female PU students

80%

12%8%

Comfort

Style

Don't care

Comfort

Page 19: Rockport Business Plan Concept

Price

Page 20: Rockport Business Plan Concept

Brands

Source: www.packagedfacts.com

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Industry

Analysis Industry Map

Consumer Analysis

Hot NewsFuture

Analysis

Cross-Link

Strategy

Page 22: Rockport Business Plan Concept

• 92% of Indonesian have more than a pairof shoes.

• Reasons for buying non – athletic shoes

- For demand

- For style

- For appearance

• All ages need to use footwear products

• People use shoes all the time, around 12

hours/day.

Customer’s

characteristics

Sources: www.drciprian.com

Page 23: Rockport Business Plan Concept

Source: www.packagedfacts.com

Page 24: Rockport Business Plan Concept

Source: www.packagedfacts.com

Page 25: Rockport Business Plan Concept

Industry

Analysis Industry Map

Consumer Analysis

Hot NewsFuture

Analysis

Cross-Link

Strategy

Page 26: Rockport Business Plan Concept

Hot news - World1. Rockport global campaign taps mobile marketing across 30 countries

http://www.mobilemarketer.com/cms/news/advertising/7666.html

2. Rockport Company Reports Sales Results for the First Quarter Ended March 31, 2011

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=439

5977

3. The Rockport Company, LLC Plans to Relocate to Spartanburg, S.C., in December

http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?

privcapId=4395977

4. Zenta and Rockport Team Up to Offer Comprehensive Underwriting Solution

http://finance.boston.com/boston/news/read?GUID=17031762

5. Reebok and Adidas: A Good Fit

http://www.businessweek.com/bwdaily/dnflash/aug2005/nf2005084_8340.htm

Page 28: Rockport Business Plan Concept

Industry

Analysis Industry Map

Consumer Analysis

Hot NewsFuture

Analysis

Cross-Link

Strategy

Page 29: Rockport Business Plan Concept

Future Analysis

• The market is estimated at over US $70 billion

• Comprise more than a fifth of total sales by 2014

• To be one of the winners in this industry by achieving

sustainable, profitable growth in the year to come.

• Expect earning per share to increase 10% to 15% in 2012

Sources: By Harriet Torry, Dow Jones Newswires

www.adidas-group.com

Page 30: Rockport Business Plan Concept

Industry

Analysis Industry Map

Consumer Analysis

Issues / Hot News

Future Analysis

Cross-Link among

Industries

Strategy

Page 31: Rockport Business Plan Concept

Footwear

Retail Stores

Financial Institutions

E-commerce

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Retail Stores

Page 33: Rockport Business Plan Concept

Footwear

Retail Stores

Financial Institutions

E-commerce

Page 34: Rockport Business Plan Concept

Financial

Institutions

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Footwear

Retail Stores

Financial Institutions

E-commerce

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E-commerce

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Business Level Based on Market Share

and Progressiveness

Nevada, Gosh, Bucherri, Charles & Keith

Kickers, Rohde, Marie Claire, Wimo

Guess, Zara, Rotteli, Nine West, Hush Puppies

Rockport, Geox, Everbest, Donini

Source: Field Survey of 80 female [email protected]

Page 39: Rockport Business Plan Concept

Direct Competitor

Rockport General

Comparison

Geox

1971 Since 1995

USA Established in Italy

Walkability Tagline Breathability

Handbags, Shoe care,

Laces, Socks, Wallet,

Belts

Product Range Coat, Jacket, Vest

www.rockport.com

www.geox.com

Page 40: Rockport Business Plan Concept

Specific Comparison by Price

Range 1,4 million Rupiah

1,2 million Rupiah

1 million Rupiah

800 Thousand Rupiah

700 Thousand Rupiah

Page 41: Rockport Business Plan Concept

Specific Comparison Vs. Competitor

Geox D Taylor 5Grace Bow Pump

(7 to 7)

Source: www.rockport.com

www.geox.com

Vs.

Page 42: Rockport Business Plan Concept

Source: www.asiamiles.com

Vs.Rockport (Grace Bow Pump) Specific Comparison Geox (D Taylor 5)

Adiprene by Adidas, Extra-Wides, Hydro-Shield Waterproof,

truWALKTechnology

Breathability, Waterproof, Heat Regulation, Lightness

1,290,000 IDR Price 1,275,000 IDR

Heels, Boots, Sandals,Sneakers & Athletic Shoes,

Flats, Clogs & Mules, Loafers,Oxfords, Boat Shoes

Type of Shoes Flats, Boots, Heels, Loafers,Sandals, Sneakers & Athletic Shoes, Oxfords, Boat Shoes

Women and men Product Users Women, men and kids

Lifestyle Awards in Asia 2010 Awards No Awards

Page 43: Rockport Business Plan Concept

Rockport (Grace Bow Pump) Specific Comparison Geox (D Taylor 5)

Adiprene by Adidas, Extra-Wides, Hydro-Shield Waterproof,

truWALKTechnology

Breathability, Waterproof, Heat Regulation, Lightness

1,290,000 IDR Price 1,275,000 IDR

Heels, Boots, Sandals,Sneakers & Athletic Shoes,

Flats, Clogs & Mules, Loafers,Oxfords, Boat Shoes

Type of Shoes

Flats, Boots, Heels, Loafers,Sandals, Sneakers & Athletic

Shoes, Oxfords, Sandals, Boat Shoes

Women and men Product Users Women, men and kids

Lifestyle Awards in Asia 2010 Awards No Awards

Vs.

Source: www.asiamiles.com

Page 44: Rockport Business Plan Concept

Rockport’s Promotion in Indonesia

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Geox’s Promotion in Indonesia

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Marketing Mix

Marketing Analysis

Products Price Promotion Place

Source: www.adidas-group.com

www.rockport. com

Page 48: Rockport Business Plan Concept

Products

TechnologyCategoriesProduct

LineCore

Specialities

Leather footwear

Man

Seven to 7 truWALK™

Weekend Chic

Walk Dry™

WomanDowntown

CooladiPRENE™

Page 49: Rockport Business Plan Concept

Promotions

• Promotion Objective

– To become a leading leather footwear brand in

the world through the innovative combination of

contemporary style and engineered comfort

• Promotion Mix

– Through the use of the internet

– Point of sale

– „Walkability‟ campaign

Page 50: Rockport Business Plan Concept

• Distributing some of the Rockport products

to the various shoes outlets

– E.g Athlete‟s Foot, Footgear

• Rockport Outlets

• Online purchasing through the internet

– Rockport.com, rockport.co.uk, onlineshoes.com,

amazon.com, shoes.com

Place

Page 51: Rockport Business Plan Concept

Price Range

• IDR 700,000 until IDR 2,000,000

Discount Holiday Warm-up sale $15 up to $75 plus free shipping

, no sale tax, free return and exchange, 100% price

guarantee, and 100% save purchase guarantee

(www.shoebuy.com)

Rockport Online Store 50% off second pair, shop online

using promotion code: 50% 2ND (www.shoesuperstore)

Discount Shoes Online : save 50% - 75% off

(www.6pm.com/shoes )

Price

Page 52: Rockport Business Plan Concept

Payment Method

• Cash

Buy online, on the store

• Installment

Buy use credit card such as

Citibank, visa, master card

Price

Page 53: Rockport Business Plan Concept

Price Discount Model

• Rebates Discount

Page 54: Rockport Business Plan Concept

• Cash Discount

Price Discount Model (Cont’d)

Page 55: Rockport Business Plan Concept

SegmentingDemographic

Gender

Income

Occupation

Social Class

Age

Targeting

Men, Women

> IDR 10.000.000,-

Professional, Middle – Upper Managerial

Middle Class - Upper Middle Class

25 – 50 years old

Psychographic

Life Style Esteem seeker, active, and well-educated

Behavioral

Loyalty Status Hard-core brand loyal

Geographic

Region Metropolitan – Urban area

STP Analysis

Page 56: Rockport Business Plan Concept

• Positioning

- Comfortable

- Stylish

- Contemporary

- World-Class

- Innovative

STP Analysis

Page 57: Rockport Business Plan Concept

Top of Mind

Brand Recall

Brand Recognition

Unaware of Brand

Charles & Keith, Zara, Yongki Komaladi

Clarks, Hush Puppies, Marie Claire, NineWest, Bucherry, Elizabe

th

Rockport, Geox, Everbest, Triset, Connexion , Andre Valentino

Princess, Forever21, Heatwave, Summit, Vinchi

Triangle of Brands

Page 58: Rockport Business Plan Concept

Locking Brand Identity (Present)

• Excellent on

Quality

Page 59: Rockport Business Plan Concept

• Product’s Greatness

Locking Brand Identity (Present)

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Locking Brand Identity (Future)

• Increase Brand‟s Awareness

Increase brand uniqueness

Increase promotions

• Publish Product‟s History

Page 61: Rockport Business Plan Concept

• Creating More Product’s Type

Improving Sales (Present)

Boots Pumps

Flats Sneakers

Page 62: Rockport Business Plan Concept

• Creating Product’s Innovation

adiPRENE truwalk

Improving Sales (Present)

Page 63: Rockport Business Plan Concept

• Make Special Offers

Improving Sales (Present)

Page 64: Rockport Business Plan Concept

• Create More Product‟s Line

Rockport for Kids

• Influence Customer to Buy More

Often

Monthly special offers

Improving Sales (Future)

Page 65: Rockport Business Plan Concept

• Publish Consumers Experience

Maintaining Customer Loyalty(Present)

Page 66: Rockport Business Plan Concept

• Creating Events

Maintaining Customer Loyalty (Present)

Page 67: Rockport Business Plan Concept

• Contact

Regularly

Maintaining Customer Loyalty (Present)

Page 68: Rockport Business Plan Concept

• Create Community

The Rockport Ladies

• Enhancing After-Sales

Service

Maintaining Customer Loyalty (Future)

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Repositioning

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Repositioning

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Repositioning

“NEW” Image :

- “Comfort to Go”

- “You Should be In Our Shoes”

- “The differences Inside”

- “Walkability”

Page 73: Rockport Business Plan Concept

Rules and Regulation

Page 74: Rockport Business Plan Concept

Blue Ocean

Strategy

1st to use advance

materials and

technologies in

traditional shoes for

lightweight comfort

Page 75: Rockport Business Plan Concept

The first to engineer walking comfort in dress and casual shoes.

They pioneered the linkage between performance and style that today's consumers have come to expect.

They've run the New York City Marathon, climbed Kilimanjaro, and sailed around the world showing our commitment to go the extra mile to make you smile

Blue Ocean Strategy

Page 76: Rockport Business Plan Concept

Brand Ambassador (Future)

Select an Indonesian

woman figure whose

characters and popularity

are strong in influencing

people.

Page 77: Rockport Business Plan Concept

Products- Sell Kid‟s shoes

Place - Distributing some of the Rockport products

to the various department store, such as

Sogo, Metro, and Debenhams

Promotion- Advertising commonly through the mass

media.

Fix Marketing Mix (Future)

Page 78: Rockport Business Plan Concept

Tagline

– Walkability Timeless Enjoyment

Repositioning

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Present Print Ads

Page 81: Rockport Business Plan Concept

Future Print Ads

(Philip Kotler)

Page 82: Rockport Business Plan Concept

Future Print Ads (Philip Kotler)

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Future Print Ads (Jay Abraham)

Page 84: Rockport Business Plan Concept

Publicity Event

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7TV Commercial

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Scenario of Future TV Ads

• Title : Rockport Timeless Enjoyment

• Product : Rockport Grace Bow Pump

• Tactics : Experiential Marketing

• Length : 1 Minutes 28 seconds

• Story : From day to night, Rockport provides

comfortability to support all activities of its user.

• Purpose : To describe the greatness of Rockport’s woman

shoes

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Conclusion

• Under Adidas technology and its high quality technology, Rockport has been recognized as one of the leading brand in leather footwear. It is well known for comfortable and contemporary design. In the other hand, Rockport has not set a strong brand awareness in Indonesia.

Page 93: Rockport Business Plan Concept

Recommendation

• Increase the brand awareness of Rockport

in Indonesia by enhancing promotional

strategy.

Page 94: Rockport Business Plan Concept

Question ?

Page 95: Rockport Business Plan Concept

Thank

You

Thank

You

Thank

You

Page 96: Rockport Business Plan Concept

Made in Partial Fulfillment of Business Plan Development Mid Term

Presentation

BF BATCH 2009 November 2011