The Marketing Mix of PoloTech – Ralph Lauren for French Market

2017-05-21 12:40:00
Alina Blaga
1. BUSINESS CASE: Ralph Lauren
Ralph Lauren launched PoloTech™, a smartshirt with groundbreaking adaptive workout app. The innovative PoloTech™ is a smartshirt, a seamless blend of sleek, modern style with real-time biometric technology, makes its retail debut on August 27. Ralph Lauren continues to lead the fashion industry in wearable technology with the launch of this groundbreaking fitness shirt and the simultaneous introduction of a game-changing, adaptive workout app that uses detailed data to tailor individualized training for maximum results.
“The Ralph Lauren PoloTech™ shirt will change the way you look at fashion and apparel. It will give you knowledge you can use to lead a better life,” said David Lauren, Executive Vice President of Global Advertising, Marketing and Corporate Communications. “This is a bridge between technology, fitness and style that approaches wellness and well-being in comprehensive and complementary ways. It will touch many parts of your life.”
The smartshirt was developed in partnership with proprietary technology from Canadian-based OMSignal, whose team includes experts in neuroscience, sports medicine and engineering. The PoloTech™ app workout routines were devised by Galvanized, the health and fitness media company founded by David Zinczenko.
THE MARKETING MIX: PRODUCT
Ralph Lauren PoloTech™ smartshirt

Smartshirt with groundbreaking adaptive workout app
Modern style with real-time biometric technology
For Men & iPhone users only
Developed with OMSignal
Launched – August 27, 2016, in US

 
 
 
 
 
 
 
Ralph Lauren PoloTech™ smartshirt
MARKETING mix: PRICE
Ralph_Lauren_Polotech_smartshirt_marketing-mix
Initial U.S. Price: $295
PRO’s:

Fashionable: “sleek black” with yellow Polo Player logo.
Customized Workout – 3 exclusive workouts that adapt, in real time, to data captured by the shirt.

CON’s:

It’s difficult to take the shirt off
The garment is at least machine-washable

 
 
 
 
 
MARKETING mix: PLACEMENT
Initially available at:

RalphLauren.com
Flagship in NY
US Open store on the grounds of the USTA Billie Jean King National Tennis Center.

In France, Ralph Lauren has one Flagship store and an e-commerce website in French.
Retired from commercialization on March 2017!
MARKETING mix: PROMOTION
Different channels to reach consumers:

Advertisements in print
Online & Social Media
Television – occasionally

Awareness

August 2014, Marcos Giron, dressed at the U.S. Open Tennis Championships the prototype during practices, but not during the tournament

Sponsors major events and athletes:

2006 – first official outfitter of Wimbledon
Sponsors the United States Olympic Team
Sponsors professional golfers: Webb Simpson and Luke Donald

FRENCH MARKET CASE STUDY
French market country report

France Area: 551.695 km2
Capital: Paris
Currency: EUR
Institution: Republic
Internet Access: 87%
Official language: French
Foreign Languages: English, Spanish, Italian and German
Total population: 66.415.00 (population growth: 0.88%)
Median age: 41,1 years (Male: 39.4 years, Female: 42.6 years)

 
 
 
 
French market country report smartphone usage

The number of smartphone users in France is growing steadily
“Not trusting foreign websites” is the main barrier regarding cross-border e-commerce
Off all Social Media Platforms, Facebook has the most French Users with 43% market share

Source: Kantar World Panel, May 2016
PoloTech™ QUALITATIVE MARKET STUDY
Profil 1:
Alix, 24 years old, Marketing Project MN, MSC in Luxury Marketing, ex-tennis woman

Product ->interesting to challenge yourself, optimize performances.
Lacks innovation.
Difficult to estimate a price, because of the connected watches.
Facebook & Instagram – best channels, an athlete to promote it à people like to refer to them.

 Profil 2:
Melyna, 25 years old, Marketing Project Manager & Instagram Fitness Influencer

Product starts from a good concept => is it really adapted to a sporty activity?
Quality of the t-shirt =>people shall feel at ease to like it.
Price range between 90 & 150€ to fit with the connected watches prices.
Mailing & social networking ->A Fitness Influencer or an athlete to promote

Profil 3:
Emmanuel, 26 years old, Herbalife fitness coach

Product -> good idea only if it’s soft for use.
Lacks options => too many common options with a connected sports watch.
Ready to buy it until the limit of 200€.
Social networks (Facebook, Instagram) & the muse of the product must be an athlete.

 Profil 4:
Jean-Daniel, 23 years old, Engineer in Disabled people’s reeducation, football & basketball player

Product – interesting for sporty people, attention to the caring recommendations
Must be soft, allowing the skin to breath & easy to clean.
Price limiting the perspective of buying
A muse like Griezmann, representing the Millenials



Why PoloTech™ should not be launched to French Market

iOS – 24.4% market share vs. Android – 72.2%. Female population – 49%.
=>Losing: 72% – potential customers & 49% – population in France.
Price – 295 $ => Positioning the product as a High-End Product.
76% clientele in Paris => distribution to Paris area only.
Potential clientele – prefer smart watch – cannot accept the product is unwashable
French people spend on average 253 €/year for sport tenue

The post The Marketing Mix of PoloTech – Ralph Lauren for French Market appeared first on Fashionista in Paris.
Citeste mai departe

Alte postari pe blogul Alina Blaga

NIKE’s Supply Chain And Manufacturing Strategies.
Oriental Fashion Show 20th Edition at Hotel Crillon, Paris!
Dior Pre-Fall 2017 inspiration from Romanian Folklore without giving credit
Louis Vuitton trunks to house the Roland Garros Trophies
Behind the scenes of Paris’s Place Vendôme Jewelry Houses
The Marketing Mix of PoloTech – Ralph Lauren for French Market
The multiple facets of a woman: Angel Thierry Mugler
Indulging into the Clush Eyewear Universe!
How World War II impacted Fashion.
The Cultural Dimensions Theory of Geert Hofstede for Japanese culture.
Eva Gabarra celebrated the International Women’s Day with an exceptional Fashion Show.
An incursion into Clarins Beauty Universe
Youthquake Movement in Fashion.
Sportswear Market in France
Market Insights for the Internet of Things (IoT) in France
Safety Tax Free offers Mobile Refund solution to Chinese consumers’ abroad.
Global Economies and Consumers landscape in 2017
How will bricks-and-mortar stores keep their luster in a saturated omnichannel world?
After a long stagnation, France is finally waking up as a true Fashion Capital should do.
Trump pushing for U.S. manufacturing, is causing Made in America to lose its luster in the fashion world
Etihad builds bespoke loyalty program around Fashion Industry’s enthusiasts.
Ferragamo undeterred by Trump’s Make America great again.
An incursion into the Traditional Caftan with a new edition of Caftan du Maroc, Premium Signature Fashion Show.
In the Light of Paris Haute Couture Fashion Week. The 17th edition of The Oriental Fashion Show.
The ugly truth behind the Sales. Deception under the label “Les Soldes” in Paris.
H&M Christmas Ad directed by Wes Anderson, with Adrien Brody. A masterpiece.
The reason behind Hillary Clinton’s purple suit for her concession speech!
A Tale of Two Cities: Paris vs. London!
Highlights about Paris Fashion Week « La Mode Aime Paris »
The Tale of Thomas Burberry! This Christmas, we discover the story of the brand’s founder.
Victoria’s Secret 2016 Fantasy Bra to be presented in Paris!
Elie Saab Bridal Fall Winter 2017 Collection!
Marion Cottilard the Muse for the customizable My Lady Dior Bag
Midnight in Paris. Visit the City of Light by Night!
Victoria’s Secret Fashion Show 2016 will be held in Paris at Grand Palais!
Valentino collection Sala Bianca 945 inspired by Romanian sculptor Constantin Brâncuși
Lost In Romance by Olivier Yoan for UNA Hong Kong.
My work! Photoshooting for LORIBLU Paris, aw17!
JESSICA MINH ANH’S AUTUMN FASHION SHOW IN PARIS
Cara Delevingne, cover girl for ELLE Magazine (US) September 2016!
Gigi Hadid in Couture by Karl Lagerfeld for Harper’s Bazaar US.
Favorito.ro a multi-brand online shop for children
La Blouse Roumaine as seen by the famous fashion designers worldwide
The Fashion Trend Report for 2016 is out for all the Fashionistas.
Oriental Fashion Show for Paris Fashion Week (Fall Winter 16-17)
Fundraising Defilé Haute Couture MEGHANORA in Paris.
Most expensive shoes for the Spring-Summer 2016 collection!
Best Luxury Fashion Shoes Campaign Spring-Summer 2016!
Best Valentine’s Day Commercials.
Paris Haute Couture Fashion Week 2016. Elie Saab and Zuhair Murad Spring Summer 2016.