Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber ... · AMB211 Brand Management Lorna Jane...
Transcript of Ashleigh Gomez - N8808962 Racquel Hardie -N9154574 Amber ... · AMB211 Brand Management Lorna Jane...
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
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
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
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
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
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.
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.
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.
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
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.
Brand Exploratory
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:
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
Brand resonance pyramid
- The psychological benefits Lorna Jane strives to deliver are in harmony with
consumer’s imagery of the brand
Why is the brand so salient with consumers?
‘SISTERHOOD’
- This is not as prevalent with their primary competitors
Competitor Analysis
Points-of-parity associations (Core needs of the target market)
1. Functionality
1. Fabric technology innovation
1. On trend colourways and patterns
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
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
This strategy differs in the U.S.
Further points-of-difference
2. A consistent key message throughout
branding and advertising 3. Active living rooms
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
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
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
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.
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