ASOS

Page 1

GREEN HOUSE on Green Street

Elizabeth Paladeau Taylor Justin Vivid Ma Jillian Beck


table of contents

SWOT Analysis: ASOS

pg.

3

Consumer Analysis

pg.

5

Marketing: Product, Place, Promotion, & Price

pg.

7

pg.

8

Location

pg.

10

Store Design

pg.

11

pg.

14

pg.

16

pg.

18

pg.

20

pg.

24

Merchandise Mix & Pricing

Retail Space

Outdoor Space

Artist Playlist

Promotion Credits

2


SWOT Analysis: ASOS has made sure to provide as many portals as possible, such as an iPhone and iPad app as well as a Facebook shop. ASOS is also continuously improving their technology for better service. They incorporate other outlets such as Polyvore and Pintrest that may appeal to their demographic.

ASOS strongly believes in involving their target

market, which is a key strength. They have a blog, “Fashion Finder,” where their customers can get involved, posting pictures of themselves in ASOS merchandise and interacting with other customers (1). Also, due to the fact that they

ASOS is a global online retailer of fast fashion

are strictly online, ASOS is able to maintain contact with

based out of the United Kingdom. Offering over 50,000 branded and privately owned fashion and beauty products, ASOS’ target market is men and women ages 16 to 34 with a

(1)

mind for fashion. Established in 2000, ASOS now has seven different websites globally in five different languages.

ASOS’ primary strength is its wide range of

merchandise. It offers both men’s and women’s fashion as well as accessories and shoes. It also has a marketplace consisting of independent and vintage labels where the customer can both buy and sell from. ASOS also offers designer clothing proving it to have a wide price range as well. This is a double-edged sword because despite the fact that all of these products are available to their customers, it can be hard to navigate through them. This means that ASOS is appealing to a wide range of people, however that can cause confusion in terms of their exact target customer. For example, a customer in their late teens who is interested in a $35 dress may not be interested in a $2000 necklace.

Another important strength for ASOS is its

availability as a purely online retailer. As the third most visited fashion website in the world they are able to ship to 190 countries from its UK distribution center. With the age of technology continuing to grow exponentially, the accessibility of the Internet only increases. This being said, there is still a small population who do not have regular Internet access, and ASOS’ lack of brick-and-mortar locations might serve as a disadvantage. However, ASOS

previous customers through email because once you have purchased from the website, they have your email on file. ASOS also has its own private label, which separates it from its competition because it’s a product that is unique to them in combination with the thousands of other brands that they offer, which may or may not be available elsewhere. Another strength of having a purely online retailer is the elimination of loss prevention, other than internal theft.

A weakness of being an online retailer is the fact

that customers are unable to try on the merchandise before they purchase it, which results in a high rate of returns. Also with such a wide range of products and brands there 3


is a broad range of sizes, which can cause discrepancies. There are also differences in sizes between the different countries’ websites making it more difficult for shoppers to find the right fit. With its extensive range of products ASOS boasts 1500 new items weekly. This means that there are plenty of products for customers to choose from, but it can result in the over-saturation of the marketplace. Seeing as it is strictly an online retailer this means that customers have to specifically search out ASOS, and it is harder to “stumble upon” than a traditional brick-andmortar, making promotion imperative. An online retailer is also more difficult to merchandise than a brick-and-mortar one because customers can’t get a physical vibe from the space and are just left looking at pictures on a screen.

While ASOS has the opportunity to expand to brick-

and-mortar locations, this may not be the most cohesive direction for the company. With such a strong place in the online marketplace, a brick-and-mortar location might distract customers from their original goal. This being said, a pop-up store might be a good way to direct customers to the website and gain more publicity seeing as promotion is a huge opportunity for ASOS. More advertisements, especially online, are necessary if ASOS wishes to expand

4

their brand.

against

Product expansion is another opportunity for the

system crashes, however

company. They already have an excessive product offering

this is a threat that

in the apparel category, however further growth of their

will

beauty products and development of a lifestyle section

territory.

including home décor and athletic equipment would

changing climate of the

increase profits and interest in the brand. The booming

economy is a constant

fashion industry in Asia provides a new territory for ASOS

potential threat because

to expand to which would further their target market. In

customers’

order to promote apparel that they already have, designer

income that is often

and celebrity collaborations and endorsements could

spent on clothes is one

create more interest and demand for their product.

of the first things to be

cut out of a tight budget.

Threats to ASOS as a whole would be its placement

hackers

come

with The

and

the ever-

disposable

in the highly saturated fast-fashion fashion market with

competitors such as Zara, Topshop, and H&M who either

and wide product range has a powerful place in the

have or are developing online sections to their brick-and-

online market. This being said there is always room for

mortar locations, and Shopbop and Nastygal who are also

improvement, and narrowing down their product selection

purely online retailers. These companies are geared towards

might create a more focused brand image. A pop-up store

a similar customer and provide a similar product, however

located at an annual music festival, such as Lollapalooza,

ASOS has a wider range. As an online retailer online

would be a beneficial promotional tool. It could be used

security will always be a threat, especially when credit card

to highlight certain products from the ASOS private label,

information is involved. ASOS actively tries to safeguard

draw in customers, and direct them back to the website.

Overall ASOS, with its strong customer base


consumer analysis

In order to narrow down the wide merchandise that

important thing when deciding where to purchase from, so

ASOS offers, we are going to focus our pop-up store on the

this will also weigh in heavily for our consumer’s patronage

ASOS private label, carrying both clothing and accessories

buying motives. In terms of driving emotional buying

that will be in the range of $10-$120. Also, in order to keep

motives, our consumer is more likely to buy a product

up with current trends and the green movement, we will

that she feels is on trend, even if it is a bit more expensive

theme our pop-up store in an eco-chic manner, titling

than a relatively basic item. In terms of our pop-up store

it “ASOS Green House” after both the vendor street at

at Lollapalooza, convenience is going to be a large factor,

Lollapalooza and hinting at the eco-friendly nature of our

meaning that the placement of our store is very important

line.

because we are not a main attraction, so purchases need to

The target customer for this line is a young woman

be able to be made quickly and efficiently so festival goers

ages 18-22 who lives in the Chicago metropolitan area and

can get back to the music.

considers herself trend savvy. Through a survey sent out

to women in this age range we found that about half of

because of the wide variety of music artists that are present.

them considered themselves to be aware of fashion trends.

Through an interview with a past attendee, we concluded

Considering VALS personality types this customer is a

that there are people with a more “hippie” vibe that would

mixture of an “Experiencer” and a “Thinker,” being both

be there for artists like Florence and the Machine, The Black

educated and concerned about the environment as well as

Keys, Passion Pit, etc. There are also people with a “raver”

being young, fun, and keeping up with upcoming events.

vibe who would be there for artists like Avicii, Kaskade, and

The target consumer for Lollapalooza is broader

This consumer is open to new ideas and looks for value in the products she purchases. As an “Experiencer” this consumer also spends a lot of her income on entertainment and fashion merchandise as well as socializing with her peers.

Our ASOS “Green House” consumer is a college

student studying Illustration at Columbia College in Chicago. She has a part time job at a local boutique making between $5,000-$6,000 a year and lives in an apartment with a roommate, but she is primarily supported by her parents. She has a relatively small disposable income and spends around $200 a month on clothes. We were able to deduce this from our survey through which we found that almost half of the participants spent between $50-$200 a month on clothes and the other half spend between $200$500.

A rational buying motive for this consumer is

price because she is a shopper on a budget. We found that roughly a quarter of survey participants said that price was a big contributing factor when they consider purchases. More than half considered customer service to be the most 5


Justice. Lollapalooza was started by Perry Ferrell, former

of the mud festival goers were disappointed about their

lead singer of Jane’s Addiction, so it originated as a Rock

expensive apparel getting damaged, which is one reason

Festival. This year it is attempting to go back to those roots

why we have decided to keep the price point low. Based

with bands like the Red Hot Chilli Peppers, Black Sabbath,

on this information we have decided to include in our

and Jack White, which will attract those with a “rocker”

product offering cropped tops, tank tops, and other light

vibe. With our Green House line we will focus more on

cut-and-sew knits with a “Green House” logo on them as

people with a “hippie” vibe that also have a more trendy,

well as swimsuits, shorts, sundresses, sandals, jewelry, and accessories such as sunglasses, water bottles, and sunhats. In keeping with our green theme and in order to protect merchandise from the elements we will provide a reusable drawstring backpack with all purchases.

In conclusion, we found that the majority of survey

participants were not aware of ASOS. Therefore, a pop-up shop is a valuable marketing tool to promote the company, and Lollapalooza serves as the perfect venue as a common meeting place for our target market.

Lollapalooza 2011

fashion conscious attitude.

We

believe

that

the

target

consumers

of

Lollapalooza and the ASOS Green House brand correspond because of the “Experiencer” traits that makes the ASOS consumers outgoing and fun seeking, which would drive them to attend an event like this. The age range of the ASOS Green House consumer is also consistent with the age range most present at the festival. Through our interview

Lollapalooza 2011

we found that most people attending were 17-23 years old. Also, the fact that the vendors are located on Green Street and the festival is located in a park is conducive to a green message.

Using the information that

we gathered from our interview, we found that the weather conditions and style of the festival will influence our

product

offering

the

most.

Through our interview and research we found that the weather during the time the festival is held is very hot, humid, and often times rainy (which means mud). We also found out that the majority of women wear bathing suits, cropped tops, and high-waisted cut-offs as well as the handful of oddballs in costumes. We found that because 6

Lollapalooza 2011


marketing: product, place, promotion & price

ASOS is known in the marketplace for being an

our consumer draws them to music events such as this one.

online retailer with a wide range of products. This serves

as a strength and a weakness because they are providing

the most accessible. ASOS formulates trend reports for each

a wide variety of products for consumers to choose from,

season in order to generate sales and draw attention to their

but it also makes it hard for them to navigate. In order to

private label, so we will create a report for the merchandise

narrow down the wide merchandise that ASOS offers, we

that will be carried in the pop-up so that consumers can also

are going to focus our pop-up store on the ASOS private

purchase the merchandise at home. We will also create a

label, carrying both clothing and accessories that will be in

promotional video about the collection for the festival and

the range of $10-$120. We are also planning on creating a

post it on the website as well as all of ASOS’ corresponding

theme for our pop-up so as to narrow the merchandise even

blogs. We can also promote the trend and the pop-up itself

more. We will title the pop-up store and corresponding trend

on the home screen of the website. In terms of the graphic

As for promotion, online outlets are the easiest and

report “Green House” and carry eco-chic

t-shirts and crop tops that we will sell, we

merchandise that are both appropriate for

wish to create a contest where consumers

festival goers and promote an eco-friendly

can design the graphic that will go on the

message. The price point will remain

t-shirt, incorporating Lollapalooza, ASOS,

low so as keep in touch with the target

and the green theme into the design.

market because through research we

The winner will receive tickets to the

found that on average our target market

festival and a $500 gift card to ASOS in

spends about $200 a month on clothes.

addition to their design being used on the

This will also keep people from worrying

merchandise. Lollapalooza also wishes to

about damaging their new merchandise

promote more environmentally friendly

during the festival. We have decided to include in our

means of transportation to and from the vendor locations

product offering cropped tops, tank tops, and other light

and Grant Park. As a promotion tool we will collaborate

cut-and-sew knits with a “Green House” logo on them as

with the festival to provide rentable bikes for festival

well as swimsuits, shorts, sundresses, sandals, jewelry, and

goers to get around. They can both rent and return the

accessories such as sunglasses, water bottles, and sunhats.

bikes at the pop-up store and use them for up to 24 hours.

We will also provide a reusable drawstring backpack with

This corresponds with our green message and will help to

all purchases to keep with our green theme.

promote the pop-up store as people are biking around. We

In terms of placement, the ASOS pop-up store

will also hire street style photographers to go around and

will be located at Lollapalooza music festival in Chicago.

photograph people who they think are dressed stylishly and

We will place it on Green Street along with the other

within our target market. They will be given a Polaroid that

vendors within Grant Park. We feel that only one pop-up

will serve as both a souvenir and a 10% off coupon at the

store is necessary and a central Green Street location will

pop-up. This eliminates any littering that might be caused

attract both our target market and create a true shopping

by classic methods of passing out coupons. These strategies

experience. Lollapalooza corresponds with our target

for promotion, placement, product, and price will set apart

consumer because of the age range of the people that

our pop-up shop and increase the awareness of the ASOS

attend and the type of event it is; the fun-loving aspect of

brand. 7


merchandise mix & pricing

(2)

8


(3)

These are examples of the types of eco-friendly products we will be featuring in our pop-up shop as well as the “Green House” shop on the ASOS website. Item (2) is an example of a product that will have the winner’s logo from the contest (further explained on pg. 20). The green box corresponds to where the winner’s logo will be placed. The merchandise and price points in Image (3) are what we will include in the rest of our product mix; this includes crop tops, shorts, t-shirts, dresses, swimsuits, and accessories such as sunglasses, headbands, and shoes, which are eco-friendly of course. The “Glossary,” located to the left, explains a few common sustainability terms corresponding to a symbol, which will be located next to the product name so customers will know exactly how it is eco-friendly. 9


location

We are going to open our pop-up store at the Lollapalooza music

festival in Chicago, which takes place in Grant Park. The store will be located in the vendor section of the park, North Green Street, and positioned next to the Google+ stage. Through our research we determined that this stage is one of the most popular at the festival and generates a lot of traffic. Green Street offers the opportunity for increased awareness of ASOS through new promotional tactics and the experience of a physical store for customers to shop in. The area also features a Farmer’s Market as well as an Art Market, which is something that our target consumer would be interested in. Eco-friendly and Fair Trade merchandise is the focus of Green Street vendors, which is one reason why it is a promising location for our ASOS pop-up featuring an eco-conscious line.

The pop-up shop will function as an important promotional tool

for ASOS as well as being a physical retail space for customers to shop in. In addition to the space for merchandise on the first floor, there will be a lounge area with a bar on the roof of the shop. It will be an open-air area for customers to hang out and relax, and there will be a small garden to reinforce the “green” mission. Bike racks will line either side of the popup shop to give customers convenient access to rent or return bikes. In addition to the merchandise, the design of the store will also incorporate environmentally friendly materials and practices so that the pop-up shop will stay true to the green initiative inside and out.

10


Store Design SOUTH END

NORTH END When planning the store layout, we wanted the

The rest of the merchandise will be placed on suspension

ground floor to house all of the merchandise that our

racks around the perimeter of the store, ordering it from

customers will browse through. We put the entrances on

lower-priced merchandise to more expensive items toward

either side of the store to create easier access for more

the cashiers. Shoes and other accessories will be placed

potential customers. We predict there to be more traffic

near the fitting room for last minute styling and impulse

coming through the north side door because of the Google+

purchases while customers try on merchandise. There is

stage, so we decided to place our t-shirts and Lolla tees as

a spiral staircase near the back of the store to access the

well as impulse items there for maximum exposure. Our

rooftop garden where we will host our VIP parties during

promotional items will be placed in the center for easy access.

the festival weekend. The rooftop will have a lounge area

11


(4)

and a DJ for customers to have fun and experience ASOS (6). The garden will also tie in our eco-friendly

message

while

adding to the comfortable atmosphere.

The exterior walls will

be made of double-panelled glass as well as reclaimed wood around the fitting area (4-5). The rooftop will have solar panels to generate solar energy for our pop-up shop and a generator as a backup. The (5)

flooring

will

be

cork

throughout the interior, and bamboo will create the walls around the fitting rooms (7-8). We will be using ceiling fans as well as low-energy lightbulbs throughout

the

store

to

save on electricity. All of the furniture and fixtures will be made of acrylic for easy set up and removal (9).

There will be an overall

calming green and neutral color scheme throughout the store. There is going to be a (6)

virtual wall wrapped around the exterior of the pop-up shop, which will also cover the fitting room walls and cashier (4). When you hold your smart phone up to the wall, it will recognize the image and link you to the same product on the ASOS website. No QR code is necessary. This will engage our customers through technology and social media, which is very popular with our target market. Our promotional material will play on the TVs behind the cashiers counter (10).

12


(7)

(9)

(8)

(10)

13


RETAIL SPACE

14


15


OUTDOOR SPACE

16


17


PLAYLIST

Above is an example of the playlist that the live DJ will play from the outdoor space. It will play

in the store as well as stream online for online customers to access. We chose all Lollapalooza artists with an electronic base to create an upbeat mood for shoppers. We tried to include a wide variety of genres in order to appeal to everyone’s tastes while still remaining focused. 18


19


Promotion

For the ASOS pop-up shop at Lollapalooza, we will be

Lollapalooza

using several different channels of promotional material to

and

create a buzz. ASOS currently doesn’t use a lot of advertising

Street.

to promote their website, so for this temporary space we

will

really wanted to get the word out about the company

advertising

and use it as an opportunity to gain more awareness and

the

(11)

(18)

Green We start contest

online when tickets for the festival go on sale, and the winner will be announced a month before the festival. In addition to winning tickets to the festival and a $500 ASOS shopping spree, the winner’s logo will be used on ASOS t-shirts and some other products that will be featured at the popup (see pg. 9 for products). We will still use our official ASOS-Lollapalooza logo for other branding purposes and merchandise separate from the contest (12).

The pop-up site will have three bike racks that will

serve a functional purpose as well as promotional. The racks will spell out “ASOS GREEN HOUSE” and hold at potential customers. First, we are going to use a promotional video that will inform the viewer about the brand and gain a sense of what ASOS is about (11). The music will be from artists featured at Lollapalooza to reinforce the location of

the

pop-up

shop (see pg. 18). There will also be a logo contest for

people

to

enter, which will allow our target market

to

get

involved with the brand.

Anyone

can

go

and

submit

design

online a

they’ve

done themselves that incorporates ASOS 20

with

(12)

(13)


photographer will wear an ASOS Lollapalooza t-shirt with

(14)

a QR code leading the person to the Instaprint site, which will show their image with the necessary hashtags to receive their discount. It will also link the ASOS Instagram to Facebook and Twitter, allowing for ultimate fashion festival exposure on several social media sites. The person being photographed can use their 10% coupon online or in-store up to 10 days after the event. They will be tagged in Instagram under the hashtags #10%GreenHouse least a hundred bikes with little ASOS flags on the back (1314). Festival goers can use these bikes all over the park to get around in an eco-friendly manner all while promoting the store. Another creative way we will involve the crowd while drawing in customers is to have

#Lollapalooza. For those who are not photographed by the street phototgrapher but would still like an Instaprint picture, they can use the hashtag #ASOS GreenStreet #Lollapalooza to receive the photo at the Instaprint booth located at the store by hashtagging the event name,

street photographers walk around the park and snap photos of fashionably dressed festival goers. The photographer will take the attendee’s picture via Instagram and turn it into a coupon by using Instaprint

(15)

(15). We will have two Instaprint machines located in the store behind the cashiers counter. Those photographed by the ASOS Green House photographer will automatically receive 10% off. The street 21


(16)

which

will

then

print the attendee’s photo through the machine. This will engage customers via

technology,

which

is

the

foundation of the brand, and will be easy to operate and manage. be

We

will

using

our

advertisement (16) to promote the

(17)

pop-up shop, which will be on the ASOS website and our Facebook page (19) as well as on banner ads that will show up on other sites, such as fashion blogs (18). The ad promotes the ASOS pop-up shop at Lollapalooza and its green initiative. We will also have a smaller ad on Facebook that will show on the right hand side of the webpage to advertise our Green House merchandise (21). A similar ad will be shown on the Lollapalooza website so people planning to go to the festival will know about our shop before they actually get to the festival (20). As the last part of our promotion, we are going to have a Trend Report that will pop up on the homepage of the ASOS website and allow customers to go directly to the Green House merchandise and stay right on trend 22


(18)

(19)

(20)

(17). Our target customer uses technology and social media on a regular basis, so this is a valuable means of communication. With all of these promotional tools, ASOS will widen its consumer base and establish a more prominent presence than it currently has.

(21) 23


credits

Google Earth Google Images Googe Sketch Up Adobe After Effects Asos.com Lollapalooza.com Facebook.com carolinesmode.com/stockholmstreetstyle/ Steven bolt, Senior Animation, Promotional video: Pre Visual Animator Taylor Justin, Image Editor

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