32
Christine Ritter Evisu Banbu Report From the London College of Fashion

LCF project - Ethical marketing report

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: LCF project - Ethical marketing report

Christine Ritter

Evisu Banbu Report

From theLondon College of Fashion

Page 2: LCF project - Ethical marketing report

Current brand structure:

EvisuEvisu European Edition (EEE)

Evisu HeritageEvisu BonsaiEvisu DeluxeEvisu Shoos

Evisu AccessoriesEvisu Genes

Evisu Kizzu and BonsaiEvisu Saburo Special

Evisu EyewearEvisu Puma

Current brand structure

Page 3: LCF project - Ethical marketing report

StrengthsStrong heritage and history of brand (built and started by Hidehiko Yamane, a denim connoisseur) since 1991Strong brand growth (143 stores and concessions in the UK) and extended ranges (see above) and successful extension into womenswear and golf wearD86 and D67 quality selvedge denim used for main collectionsRecognised authenticity in production of jeans (inner lining

) and branding on back pocketsRecognised exclusive brand through strong branding (logo)Regular fashion shows in Milan and New YorkInternational expansion (Copenhagen, 2007; London Selfridges, 2004) Hand painted logo service available in-store (Saville Row)Wide range of customer ‘freebies’ in store (stickers, gift-wrapping services, etc)Successful collaboration with Puma for “True Love Never Dies” denim collection in 2006Collaboration with WAD Magazine for ‘The Cubicle Gallery’ exhibition (30 March 2006) in the Paris store.Cause-related collaboration with DesignersDoDenim to contribute to the control of AIDS through auctioned designs (involving Martin Margiela, Raf Simons, Dries Van Noten, etc)Collaboration with Italian Vogue and the Child Priority Foundation to produce a ‘One-Off’ magazine and denim furniture range (auctioned off for fund raising)

SWOT AnalysisWeaknesses

Less developed womenswear collectionLoss of heritage value during brand world expansion due to logo copyright issues: Evisu jeans logo in Europe are no longer hand painted but done in factories to measureVery low dependence on advertising campaignsSustainable range not developed (1 jean/style made from bamboo and denim fibers), without promotions and not available in flagship store (Saville Row)Low training of sales staffPrevious collaborations have not been well promoted (low recognition of charitable activities of brand

OpportunitiesIncrease womenswear collectionIncrease market and market share through integrated PR, advertising and promotional campaignsReposition brand as sustainable and eco-friendly and

increase bamboo range

Threats 

Increasing competition in ethical fashionEthical brands may not always be taken seriously by the

public (due to the ‘greenwashing’ of companies)High prices and competition may decrease loyalty towards

brand

Page 4: LCF project - Ethical marketing report

Source: MINTEL, Green and Ethical fashion and Beauty, UK, January 2007 Political

Increasing number of laws regarding the recycling of waste appearing in the UKChina and some EU countries (ie Austria) full ban on free plastic bags since 2007EnvironmentalIncreasing awareness and interest in global warming and environmental issues amongst consumersIncreasing amount of laws regarding recycling and litteringIncreasing congestion charge for heavy carbon emissive vehicles

Social

24% of consumers are ‘Keen to be Green’ (try their hardest when they can)23% of consumers are confused but willing to be greenIncreasing number of celebrities ‘going green’59% of consumers think it is important that a company acts ethicallyHowever, only 19% would buy from companies whose ethics they agree with

PESTLE AnalysisTechnological

Increasing technology advances and usage for sustainable products

Increasing development of technology involving new product development (ie bamboo fabrics, sasawashi fabrics, oak tree fabrics, eucalyptus fabrics, etc)

LegalIncreasing number of laws regarding the recycling of

waste appearing in the UKLevi’s logo on back pocket has lead Evisu to stop hand-

painting their logo for copyright issues, in the EU.

EconomicalInterest rates on hold in response to credit crisis but

expected to increase before the end of 2010 (Manon Gaeta, Corporate and Investment Bank, Societe Generale)

Decrease in consumer confidence and consumption as a result of the credit crisis

Page 5: LCF project - Ethical marketing report

Current corporate structure(UK)

Page 6: LCF project - Ethical marketing report

Current financial status

Due to the lower UK income of Evisu, the following is suggested to raise initial funding:

• Raise funding from mother brand Bestford (HK) Ltd.• Issue of preference shares

Page 7: LCF project - Ethical marketing report

Competing denim and ethical companies:

• Levis – ‘Green Jeans’ from Organic Cotton• Diesel – ‘Global Warming Ready’ advertising campaign• Wrangler• Abercrombie and Fitch• Ekyog – all sustainable items only• Primark (due to ‘primark effect’) – organic range

Competitor profile

Page 8: LCF project - Ethical marketing report

• ACORN Type• Urban Prosperity: Type 15 (Affluent young professionals), type 16 (prosperous young professionals),

type 20 (student flats and cosmopolitan sharers), type 23 (student terraces)• Sex• Male and female• Age• 16 to 35• Housing• Flats located in urban and wealthy suburban areas• Family structure• Single or married without children• Education • Degree or equivalent• Work• Professional managerial, lower managerial • or self employed/student• Interests• Fashion, cinema, snow sports, outdoor sports, theatre and cultural arts.• Finance• 30,000/year or more• Holidays• 2 or more a year, mainly overseas (outside UK)• Car Ownership• High• Internet usage• Very high• Mobile phone usage• Very high• Editorial media• Financial Times, The Sunday Time, The Guardian, Telegraph, Vogue, Dazed and Confused, etc.

UK population constitution (total July 2007 est. 60,776,238): 3.1% (or 1,884,063 people)

The target market

Page 9: LCF project - Ethical marketing report

The strategic alliances

Page 10: LCF project - Ethical marketing report
Page 11: LCF project - Ethical marketing report

This is my Jungle.  And this is my Denim.

The concept of this campaign is to relate each and every consumer to his/her own jungle (concrete jungle, bamboo jungle, etc) and for them to realize they are responsible for their own jungle. However, as many urban jungles do not involve forests or vast green areas, the new Evisu campaign is to make people realize that there are little things one can do to make their jungle a better place. And by helping the little jungles (the personal ones), the main jungle (being the world) may be helped. Hence this campaign’s objective is to convince consumers (without being considered as a ‘greenwashed’ brand) that by buying sustainable clothing, they can actually help reduce pollution (made by factories and consumers themselves), reduce the use of pesticides that are destroying the soil and therefore help reduce global warming and the well-being of the earth.

Every Little Helps (Tesco, 2007).

The campaign concept

Page 12: LCF project - Ethical marketing report

To launch a range that is strategicallyprofitable to both Evisu and the Earth.

New product developments

EVISU BANBU.An ethical denim range for trendsetting men

and women

EVISU YUKI.An ethical limited edition denim snowear

range for trendsetting men and women.

Page 13: LCF project - Ethical marketing report

Logo registration and trade marking Bamboo fabric sourcing and production factory: China Zhejiang Texwell Textile Co. Ltd. Factory (sole producers) The Institute for Marketecology (IMO) Certification of products EKO Quality certification of products issued by SKAL International

Operational modifications

Page 14: LCF project - Ethical marketing report

• Reposition brand as ethical and sustainable brand• Create new successful denim and clothing range (menswear and womenswear) and expand range into ethical winter sportswear• To create a stable foundation in the ethical industry of the winter sportswear market• Increase footfall by 65% within 3 months from launch of public campaign• Increase sales by 25% within 3 months from launch of public campaign• Become UK’s no. 1 ethical company of 2010 recognized by the public

Marketing objectives

Page 15: LCF project - Ethical marketing report

Brand communications strategy

Page 16: LCF project - Ethical marketing report
Page 17: LCF project - Ethical marketing report

Objectives:To showcase new usage and trend-setting fabric (Evisu Yuki)To increase awareness of brand and campaign within the business sector of the industryTo increase awareness of brand and campaign within group of opinion formers

Strategy:Professional filming of fashion show (for Evisu TV and social networking)Set denim/bamboo snow wear trend at Texworld A/W exhibition January 2009

 

Public relations

TexWorld Exhibition

Press communications

Objectives:To obtain over GBP 500,000 worth of column inch in business

pressTo showcase new fabric usage (Evisu Yuki) at TexWorld, USA

Strategy:

Press event (including fashion show of Evisu Yuki items to be auctioned off)TexWorld fashion show Launch eventShowroom exhibitionPhotoshoot (for catalogues)Press Kit

Page 18: LCF project - Ethical marketing report

Objectives:• To obtain over GBP 1,000,000 worth of column inch in consumer press

Strategy:• Send out press release to press list• Press Kit to include:

– Advertising Bamboo in recycled bottle– Evisu Yuki print catalogue– Press release– Campaign calendar (printed on Washi paper)

• Press List:• MediaWeek.com• Adweek.com• Vogue• Harper’s Bazaar• The Times• The Financial Times• FT Magazine• The Economist• Another Magazine• Intelligent Life• GQ

Page 19: LCF project - Ethical marketing report

Consumer involvement and education

Page 20: LCF project - Ethical marketing report

Marketing strategy:Cause-related promotions

The National Geographic Campaign

Page 21: LCF project - Ethical marketing report

Marketing strategy:Loyalty Marketing with The Jungle Card

Page 22: LCF project - Ethical marketing report

Objectives:• To create a relationship with the customer on a personal level• To encourage repeat purchase• To establish brand loyalty• To measure customer satisfaction• Strategy:• Phone call will be made to the customer (using Evisu database) or text message will be sent (see http://www.e-txt.co.uk/)• Evisu staff to thank customer for having participated to the fund raising (whether it is for a book purchase, clothing purchase, or uploaded

video/image)• Evisu staff will ensure that the money has been transferred to the National Geographic This is Our Jungle fund• Evisu staff will inform customer of campaign and possible further involvements

Marketing strategy:Direct Marketing

Page 23: LCF project - Ethical marketing report

Marketing Week, March 2008 and Universal McCann Wave 3 Survey 2008 figures:• 88.64% of internet users watch videos online (under 35s)• 73.97% of internet user watch videos online (over 35s)• 57% have signed up to a social networking website• 55% have uploaded pictures• 22% have uploaded videos – High frequency involvement: 20% upload everyday• 34% post opinion of products and brands• Social networking companies funding have increased exponentially, with some firms raising over $100 million (Spot Runner, Adweek, Brian Morissey,

07 May 2008) Objectives:• To target a specific market• To raise awareness• To encourage regular website visits• To control and observe public opinions

Strategy:• Post all edited footage that has been uploaded by the public on www.evisu.com • Send web link through viral marketing strategy• Inform customers of these websites in-store• Post ‘Comment’ feature and read through carefully and utilize to optimize the effects of the campaign if possible/needed.

Marketing strategy:Social Networking and branded entertainment

Page 24: LCF project - Ethical marketing report

• Objectives:• To keep customers updated• To keep customers interested• To receive feedback from customers• • An updated version of www.evisu.com will contain:• Campaign information• Campaign updates (Evisu news)• A discussion board (for products and campaign)• Evisu TV and llinks to social networking sites

Marketing strategy:www.evisu.com

Page 25: LCF project - Ethical marketing report

Objectives:• To raise awareness of brand and campaign by 75% in 2 weeks• To increase website and Evisu TV hits by 75% in 3 weeks• To hand out 10,000 bamboos in 3 days• To create initial ethical image for brand

Strategy:• Hand our recycled bottles with a flexible denim sleeve (to be re-used) containing a bamboo stick• Each bamboo stick will have a hang tag informing consumer of website links and campaign• The hang tag will also inform consumer of Online advertisement available on social networks• Each bottle will have a painted Evisu logo branding• The bottle will be made to be re-used by the consumers Areas to cover:• Picadilly Circus: for proximity to Evisu flagship store and high tourist footfall• Covent Garden: for high consumer and tourist footfall• Bond Street: for proximity to Evisu flagship store and high target market footfall

Marketing strategy:Guerilla advertising strategy

Page 26: LCF project - Ethical marketing report

A long-term commitment: MyHab 100% recycled festival tents: Advertising on sustainable cardboard tents available at www.myhab.com for GBP 240 per

festival: Objectives:• To raise awareness of brand and campaign by 75% 3 months (from festival)• To increase website and Evisu TV and website hits by 75% in 3 months (from festival)• To create continuous ethical image for brand Strategy:• Advertise on sustainable camping gear available at www.myhab.com• To target outdoor festival consumers, particularly at the Glastonbury Festival and 2009

The Big WeekEnd (Radio 1)• Target and reach a young market interested in sustainable items and who are not aware

of Evisu Banbu

Page 27: LCF project - Ethical marketing report

Objectives:• Raise awareness of campaign by 25% in 1 month internationally• To create interest within different market segment• Create link between the National Geographic and Evisu• Raise awareness of Evisu Yuki and Auction Strategy:• Target male readership (64.8% of total readership) aged between 18 and 44

(34.9% of total readership)• Target adventurous readership, potentially interested in Evisu Yuki • Use image from product catalogue• Inform consumers of possibility to participate in campaign

Media strategy:

Page 28: LCF project - Ethical marketing report
Page 29: LCF project - Ethical marketing report

Packaging

Page 30: LCF project - Ethical marketing report

Timeline

Page 31: LCF project - Ethical marketing report

Expected outcome

Page 32: LCF project - Ethical marketing report

Measuring the developments through:

Column/inch analysisEditorial analysis

Second Primary research analysisEvisu Yuki personal serviceOnline comments analysis

Viral MarketingDirect Marketing

Measuring and overseeing the development