Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber ... · AMB211 Brand Management Lorna Jane...

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AMB211 Brand Management Lorna Jane Brand Audit Tutor: Natalie Whale Lecturer: Nicolas Pontes Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber Harvey -N9178121 Jess Newman - N9212949 Akari Yoshida - N9647872

Transcript of Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber ... · AMB211 Brand Management Lorna Jane...

Page 1: Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber ... · AMB211 Brand Management Lorna Jane Brand Audit ... Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber Harvey

AMB211 Brand Management

Lorna Jane Brand Audit Tutor: Natalie Whale

Lecturer: Nicolas Pontes

Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber Harvey -N9178121 Jess Newman - N9212949

Akari Yoshida - N9647872

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Brand Inventory • Offers lifestyle and exercise clothing through using hi-tech,

performance fabric technology – LJ Excel

• Offers a wide range of accessories to compliment activewear

• Stores in South Africa, USA, Australia

• Stock lists in Europe, Africa, Middle East

• Also available through David Jones concession stores and online

Shirts/Jackets/bras

• Hoodies

• Tanks

• Shirts

• Sports bras

• Tops

Pants/Skirts/Skirts

• Multi Length

Pants

• Skirts

• Skorts

• Tights

Accessories/Food

• Bags

• Books

• Exercise mats

• Gloves

• Hats

• Water Bottles

• Health Food

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Brand Inventory Characteristics

• Emphasizes their ‘Move, Nourish, Believe’ mantra

• Has a relatable tag line of ‘Active living’

• Offers ‘Active Living Rooms’ – comprising of ‘move’ studio and the

Nourish Café

• Brand personality through stylish and modern architecture with added

focus on inspirational prints

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Brand Inventory

Pricing: Lorna Jane adopts a premium pricing strategy

• Reassures consumers of high quality and tailor-to-fit

guarantee

• Lleading technology and expert craftsmanship

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Analysis of Brand Inventory Consumers perceptions

• Positive brand personality tends to grow brand equity

• Leading consumers believe Lorna Jane exudes a strong, sexy and

stylish brand image

Lorna Jane

Authentic

Sexy

Sporty

Strong

Stylish

High Quality

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Analysis of Brand Inventory Existing tools to increase brand equity

Intrinsic activities uniquely attributable to Lorna Jane:

• Content diversity: treating each social media channel like a

different person, catering content to suit that particular channel.

• The Lorna Jane Social Hub: customer-centric office to monitor

Lorna Jane’s social media activity in real-time and generate

more interaction between the company and customers

Analytics:

• Radian 6: a tool for crisis management

• Hearis: allows administrative control over all Lorna Jane

Facebook pages.

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Analysis of Brand Inventory Existing tools to increase brand equity

• Extrinsic activities uniquely attributable to

Lorna Jane:

Instagram marketing and content:

• #NowMoveIt campaign: 3000 photos

were tagged with the campaign

hashtag

• #LornaJane branded hashtag:

• Move, Nourish, Believe Philosophy

content

• The philosophy is an umbrella of

content and these three categories

cascades below it.

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Analysis of Brand Inventory How brand equity may be better managed

• Constantly reinforcing the brand

• Introducing more product-related performance associations

• Constantly revitalizing Lorna Jane and introducing exciting products

and campaigns such as a product expansion to gym equipment.

• Employing a brand migration strategy; showing and reminding

customers that as they grow, the brand grows with them.

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Analysis of Brand Inventory Brand consistency

Lorna Jane products hold the same:

• Purpose: to motivate women to lead a active lifestyle

• Prices: premium prices, between $50-$200

• Distribution channels: online, in-store, David Jones Concession

Stands, Active Living Rooms

Common branding methods include:

• Placement of Lorna Jane logo on products

• Placement of Lorna Jane inspirational slogans on products

• Lorna Jane brand attributes such as slogans, logos, colours and

more are similar across all products and form the brand’s

personality

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Analysis of Brand Inventory Undesirable redundancy

• Consumer susceptibility to

inspirational quotes and the Move,

Nourish, Believe slogan displayed on

products

• 80% of consumers would favour

Lorna Jane products more without

the displaying of slogans.

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Brand Exploratory

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1. An abstract positioning:

- Motivational, lifestyle brand

- Alternative to global sportswear brands

2. Understands consumer culture:

- Recognises the body as an object of importance

- Brand mantra ‘Move, Nourish, Believe’ signifies active living is

consistent with female empowerment

Contributors to brand success:

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This has helped the Lorna Jane brand become:

The most prominent, motivational active

wear brand in Australia

The brand leverages off of its founder:

Her story as a #girlboss and healthy living advocate

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Brand resonance pyramid

- The psychological benefits Lorna Jane strives to deliver are in harmony with

consumer’s imagery of the brand

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Why is the brand so salient with consumers?

‘SISTERHOOD’

- This is not as prevalent with their primary competitors

Competitor Analysis

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Points-of-parity associations (Core needs of the target market)

1. Functionality

1. Fabric technology innovation

1. On trend colourways and patterns

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1. Advertising Strategy

- Digital influencers, that embody Lorna Jane lifestyle are strategically

chosen for digital advertisements and lookbooks

How does this benefit the brand?

- Provides a platform in leveraging the influencers strong, favorable&

unique associations for the brand’s gain

Points-of-difference

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Points-of-difference

Lorna Jane understand purchase decision motivators within a specific

market segment:

- Young, image conscious women who are active social media users

- This is why 50% of their marketing activities are spent on digital

strategies

- Has maximized customer relevance and competitive distinctiveness

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This strategy differs in the U.S.

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Further points-of-difference

2. A consistent key message throughout

branding and advertising 3. Active living rooms

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Recommendations Health food extension

• Taking the active living rooms to the next level by introducing

brand extensions

• Can have first mover advantage with no other competitors looking

towards this move as of yet

Selling Lorna Jane branded Health foods in:

GYMS

HEALTHFOOD STORES

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Recommendations LJ excel

Recommended that Lorna Jane market their LJ excel material on a

larger scale

• Leveraging off Nike Dri-FIT current associations

• Lorna Jane will benefit from current brand awareness,

meaningfulness and transferability

Nike Lorna Jane

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Recommendations Collaborating limited edition ranges

Boosting sales and awareness of Limited edition ranges by Collaborating with health

and fitness celebrity Kayla Itsines

-Co-branding with a big digital influencer with over

5.1 followers

-Kayla Itsines lives the Lora Jane active living lifestyle

-Co-Branding is a way to strengthen both brands

simultaneously

-Kayla will help design new limited edition ranges to be

sold

-Will help re-establish hype and boost sales of ranges

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References

• Kapner, S. (2014). Former Lululemon CEO to Run Healthy Foods Startup. Retrieved from: http://www.wsj.com/articles/SB10001424052702304049704579320491782899328

• Lee, K. (2009). Nike Innovation in Athletic Training Apparel – from Cotton to Lycra to Dri-FIT to Nike Pro. Retrieved from: http://speedendurance.com/2009/09/03/nike-innovation-in-athletic-training-apparel-from-cotton-to-lycra-to-dri-fit-to-nike-pro/#

• Uggla, H. (2004). The brand association base: A conceptual model for strategically leveraging partner brand equity. Journal of Brand Management, 12(2), 105-123. Retrieved from http://gateway.library.qut.edu.au/login?url=http://search.proquest.com/docview/232487409?accountid=13380

• Aaker, D. & Biel, A. (1993). Brand equity & advertising. Hillsdale, N.J.: Lawrence Erlbaum Associates.

• All Lorna Jane Stores. Lorna Jane. Retrieved 29 May 2016, from http://www.lornajane.com.au/store-finder/list

• Cameron, N. (2013). Delivering the digital experience at Lorna Jane. Cmo.com.au. Retrieved 29 May 2016, from http://www.cmo.com.au/article/460755/delivering_digital_experience_lorna_jane/

• Meldrum, M. & McDonald, M. (2013). The Complete Marketer: 60 Essential Concepts for Marketing Excellence. Kogan Page.

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References • Our Brand. Lorna Jane. Retrieved 29 May 2016, from

http://www.lornajane.com.au/about/brand • Painter, S. (2012). 5 Things that Lorna Jane is doing to rock social media. Salad Social.

Retrieved 30 June 2015, from http://saladsocial.com/1156/5-things-that-lorna-jane-is-doing-to-rock-social-media/

• Horton, K., Ferrero-Regis, T. & Payne, A. (2016). The hard work of leisure: healthy life,

activewear and Lorna Jane. Annals of Leisure Research, 19 (2), 180-193. doi: 10.1080/11745398.2015.1111149