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+




    By: Karli Nutter
+ What is XXI?
    Large American retail store

    Sells clothing and accessories

    Target customers: 16-25 females

    Fashionable AND affordable
+
    Challenges

       Competing with main competitors

       Keep up with latest styles & maintaining affordable prices
+
    Goals
       Become largest private apparel retailer in the U.S.

       Exceed previous revenue in 2012 with new proposal
+
    The Proposal




     Develop a business casual line of clothing to
     integrate into all stores
+
    Components for Success
       Increase annual revenue by bringing a new category of style

       Use social media and blogging to promote new line
+
    Components Cont’d…


       Use Facebook and Twitter as main channels to communicate with
        customers

       Facebook: Post newest promotions, events, & photos

       Twitter: Interact with followers & give opportunities to win products
+ Strategies for Success

    Use Google Adwords to drive more people to the website

    Target audience is in social media

    Read and be active with blogs
+
    Budget




       Using 40% of total revenue is a $1,000,000,000 budget

       Use 40% of that on PR, 40% on advertising and 20% on
        campaigns
+ Timeline
    Start designing products December 2011

    Promote products and start advertising January-February 2012

    Release new line to stores March 2012

    Monitor success of new line February-August 2012

    Make alterations/adjustments September 2012

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Nmdl final project- Forever 21

  • 1. + By: Karli Nutter
  • 2. + What is XXI?  Large American retail store  Sells clothing and accessories  Target customers: 16-25 females  Fashionable AND affordable
  • 3. + Challenges  Competing with main competitors  Keep up with latest styles & maintaining affordable prices
  • 4. + Goals  Become largest private apparel retailer in the U.S.  Exceed previous revenue in 2012 with new proposal
  • 5. + The Proposal  Develop a business casual line of clothing to integrate into all stores
  • 6. + Components for Success  Increase annual revenue by bringing a new category of style  Use social media and blogging to promote new line
  • 7. + Components Cont’d…  Use Facebook and Twitter as main channels to communicate with customers  Facebook: Post newest promotions, events, & photos  Twitter: Interact with followers & give opportunities to win products
  • 8. + Strategies for Success  Use Google Adwords to drive more people to the website  Target audience is in social media  Read and be active with blogs
  • 9. + Budget  Using 40% of total revenue is a $1,000,000,000 budget  Use 40% of that on PR, 40% on advertising and 20% on campaigns
  • 10. + Timeline  Start designing products December 2011  Promote products and start advertising January-February 2012  Release new line to stores March 2012  Monitor success of new line February-August 2012  Make alterations/adjustments September 2012