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Lululemon Athletica
Emily Gross, Rachel Herndon, Rebecca Herndon,
Ryan Jaress and Katherine Odom
Company background
Founded in 1998 by Chip Wilson
First store opened in a beach area of Vancouver in November 2000
Mission Statement:
“Creating components for people to live longer, healthier, fun lives.”
Quality assurance:
“If our product doesn’t perform for you, we’ll take it back- anytime”
Operating in 16 countries
Current Market
Target customer:
Sophisticated
Self Sufficient Women
Educated
Physically-active woman (emphasis on yoga)
Can afford to spend upwards of $80 on a pair of yoga pants.
Market share: estimated 2%, ranked #8 (2012)
Ranked #13 of leading sporting goods retailers (2013)
Competitors
Nike
Under Armour
NorthFace
Fabletics
Plan Objectives
Regain Customer trust
Rebrand and market Male line
Promote positive image of lululemon within existing customers
base and among potential customers
Increase quality care standards and perception
Omega Athletics
Marketing Objectives
Rebrand and Reposition the Omega Athletics Male Line
Distance the male line from the feminine image of Lululemon
Appeal to more than the Yogi’s
Create Brand Awareness
Promote the product through ambassadors at workout gyms
Use Social Influencers to market the brand
Market to the wives and girlfriends
Gain Customer Loyalty
Emphasis on product quality
Communication Objectives
Create brand awareness for Omega Athletics
Reinforce and establish a conviction within consumers that
Omega is a brand for men; separate from the feminine
correlation Lululemon has with consumers.
Create Urgency to purchase and try the brand.
Eventually create an emotional bond --creating brand loyalty and
consistent repurchases.
Recommendations
Social Media Campaign’s (Instagram & Twitter)
Social media influencers & consumer contest
Brand Ambassadors
Wholesale to gyms
Advertisements
Direct mail
Fall/Winter catalogs
Holiday promotions
Social Media Influencers & Consumer Contest
Social media campaign (Instagram & Twitter):
Raise brand awareness
#OmegaAlthetics and #OmegaFit
Ask consumers to post using the hashtags for a
chance to win a 400$ credit to the store ect.
Consumer Contest: Post your best workout photo / video
Facebook, Twitter and Instagram followers.
Require consumers to interact with the brand.
Target audience: Men and their wives / girlfriends 18-45.
Brand Ambassadors & Wholesaling
Hire more men to work at Lululemon
Educate them on the product and have them promote Omega Athletics at gyms
Target audience: men ages 18-45
Measure: Brand Awareness among men (likes on FB, Instagram, Twitter and
Youtube).
Lululemon currently wholesales to yoga studios.
Omega Athletics should be placed in Crossfit gyms, Cycling studios, etc
Advertisements
Fall catalog (online & snail mail)
Give incentive for men to buy
Use women as a way to promote
Omega Athletics to their partners.
Target audience: Men and their
Girlfriends or Wives
Measure: Increase in sales
Holiday Promotions
Offer 10% discounts for first Omega Athletics
purchase
Black Friday / Cyber Monday deals
Offer Omega Athletics “limited-edition holiday
collection”
Offer deals via social media platforms,
website, in-store marketing, TV
advertisements and direct mail
Target current Lululemon fans and portray
Omega Athletics as the masculine brand
that would make a perfect gift.
Redesign In-store Displays
Target audience: Men and women
(gift givers) ages 18 - 35
Measure: Increase in store traffic
and sales
Questions?

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Omega Athletics

  • 1. Lululemon Athletica Emily Gross, Rachel Herndon, Rebecca Herndon, Ryan Jaress and Katherine Odom
  • 2. Company background Founded in 1998 by Chip Wilson First store opened in a beach area of Vancouver in November 2000 Mission Statement: “Creating components for people to live longer, healthier, fun lives.” Quality assurance: “If our product doesn’t perform for you, we’ll take it back- anytime” Operating in 16 countries
  • 3. Current Market Target customer: Sophisticated Self Sufficient Women Educated Physically-active woman (emphasis on yoga) Can afford to spend upwards of $80 on a pair of yoga pants. Market share: estimated 2%, ranked #8 (2012) Ranked #13 of leading sporting goods retailers (2013)
  • 4.
  • 5.
  • 7. Plan Objectives Regain Customer trust Rebrand and market Male line Promote positive image of lululemon within existing customers base and among potential customers Increase quality care standards and perception
  • 9. Marketing Objectives Rebrand and Reposition the Omega Athletics Male Line Distance the male line from the feminine image of Lululemon Appeal to more than the Yogi’s Create Brand Awareness Promote the product through ambassadors at workout gyms Use Social Influencers to market the brand Market to the wives and girlfriends Gain Customer Loyalty Emphasis on product quality
  • 10. Communication Objectives Create brand awareness for Omega Athletics Reinforce and establish a conviction within consumers that Omega is a brand for men; separate from the feminine correlation Lululemon has with consumers. Create Urgency to purchase and try the brand. Eventually create an emotional bond --creating brand loyalty and consistent repurchases.
  • 11.
  • 12. Recommendations Social Media Campaign’s (Instagram & Twitter) Social media influencers & consumer contest Brand Ambassadors Wholesale to gyms Advertisements Direct mail Fall/Winter catalogs Holiday promotions
  • 13. Social Media Influencers & Consumer Contest Social media campaign (Instagram & Twitter): Raise brand awareness #OmegaAlthetics and #OmegaFit Ask consumers to post using the hashtags for a chance to win a 400$ credit to the store ect. Consumer Contest: Post your best workout photo / video Facebook, Twitter and Instagram followers. Require consumers to interact with the brand. Target audience: Men and their wives / girlfriends 18-45.
  • 14.
  • 15. Brand Ambassadors & Wholesaling Hire more men to work at Lululemon Educate them on the product and have them promote Omega Athletics at gyms Target audience: men ages 18-45 Measure: Brand Awareness among men (likes on FB, Instagram, Twitter and Youtube). Lululemon currently wholesales to yoga studios. Omega Athletics should be placed in Crossfit gyms, Cycling studios, etc
  • 16.
  • 17. Advertisements Fall catalog (online & snail mail) Give incentive for men to buy Use women as a way to promote Omega Athletics to their partners. Target audience: Men and their Girlfriends or Wives Measure: Increase in sales
  • 18. Holiday Promotions Offer 10% discounts for first Omega Athletics purchase Black Friday / Cyber Monday deals Offer Omega Athletics “limited-edition holiday collection” Offer deals via social media platforms, website, in-store marketing, TV advertisements and direct mail Target current Lululemon fans and portray Omega Athletics as the masculine brand that would make a perfect gift.
  • 19. Redesign In-store Displays Target audience: Men and women (gift givers) ages 18 - 35 Measure: Increase in store traffic and sales

Notes de l'éditeur

  1. EMILY Main foundation they stand on is quality
  2. EMILY
  3. EMILY
  4. RACHEL Threat of new entrants: high. Rivalry: high. Bargaining power of suppliers: medium. Bargaining power of buyers: high (men’s line, expanding). Brand switching: low-medium
  5. RACHEL
  6. RACHEL
  7. RYAN
  8. RYAN
  9. RYAN
  10. RYAN
  11. REBECCA
  12. REBECCA
  13. REBECCA Maybe mention that curtis williams is already an under armour coach so convincing him to switch to omega athletics would be great because he is already credible with our target market http://www.health.com/health/gallery/0,,20911536_10,00.html
  14. REBECCA
  15. REBECCA
  16. KAT Ads in men’s fitness, men’s health, men’s journal, etc.: targeting men Create lululemon catalog: targets women
  17. KAT Especially women
  18. KAT