Victoria's Secret- Communication Strategies Analysis

Victoria's Secret- Communication Strategies Analysis

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  VICTORIA’S SECRET Ana LígiaPellegrini (MMX161027920) Giacomo Ricci (MMX161027661) Selin Koç (MMX161028150) Srishti Gupta (MMX161028312) Yeliz Ergun (MMX161028256) Master Fashion & Luxury Brand Management
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  • Victoria's Secretis one of the world leaders in lingerie and apparel retailer of women's along with fragrances and cosmetics • Garments sold in 1.500 stores over 73 countries world wide through flagship, license, wholesale, franchise and also online INTRODUCTION • Brand has first launched at 1970 by Roy Raymonds after visiting a lingerie store to get one as a present to his wife and being treated as a pervert, giving him an idea to open a store that also men could shop without abstaining • In 1982 Roy Raymonds sold the company to Leslie Wexner which is brands current owner. Such a successful brand that has 35% of all lingerie market nowadays • By choosing strategic communication ways and not so skinny super models from variant nations of countries aims to be connected with all customers. We will examine Victoria’s Secrets Communication strategies in this essay
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  MAIN TARGETS OFVS • Men shopping for their girlfriends or wife's • 20-40 sexy confident women • Millennials • Pink : Teens BRAND TARGET & POSITIONING
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  DEMOGRAPHIC STYLES • Victoria’sSecret: Middle class women age between 20-40 years old • Victoria’s Secret: Mens to be shopped their girlfriends or wife • Pink : Teens PSYCHOGRAPHIC STYLES VS’s • Females: Customers are sexy or aiming to feel sexy, confident and have a desire for sensual fashion • All clothing matters, make up and perfume is a must • Customer look good , feel good • Looking good at gym, healthy , shopping • Cant buy clothing just from anywhere • Fashion, looking like a celebrity • Yoga and workout enthusiasts PINK • Young women and teenagers ranging from ages 13-22 years old • Girls transitioning in to teenagers /tweens • High school students • College girls • Typically follow boy bands/ Disney idols • Active in school, sports, social media • Value comfort and style (loungewear) over sexiness unlike adult brands GEOGRAPHIC STYLE • 1.200 stores in US, more international target
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  POSITIONING MAP
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  Communication Strategy Marketing Strategy Communication Mix Victoria’s Secret PINK ObjectiveTo communicate the desirable and sexy brand positioning effectively using relevant earned, gained and owned paid channels that reaches their target from college going women to mid age women. To communicate the young and sexy brand positioning effectively using relevant earned, gained and owned paid channels that reaches youngsters - targets from teenagers to college going women. Key elements Sexy lingerie More loungewear than sexy lingerie Target group Middle class women Core target: 20-35 years High School and College going girls Core Target: 15-25 years Tone Sexy, confident, beautiful, youthful Sexy, confident, young, spirited, optimistic Type of media Combination of Owned + Earned + Paid International Approach Reflected through presence in more than 1,100 Victoria’s Secret stores in the U.S., Canada and U.K. nearly 400 stores and various small- format locations in more than 70 other countries operating under franchise, license and wholesale arrangements. Online presence • www.VictoriasSecret.com • www.VSPink.com (Corporate Website:online) Reflected through presence in Victoria’s Secret stores, 137 freestanding PINK stores in North America and the U.K (Business of Fashion: online 2015) Online format: • www.VictoriasSecret.com • www.VSPink.com (Here customers can join PINK Nation, a free, members-only online community for exclusive special offers and the inside scoop on all things PINK!) Plans to open overseas as well. Source: Done by Gupta COMMUNICATION MIX
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  BRAND IDENTIFICATION SYSTEM Source:Done by Gupta based on research from Victoria’s Secret corporate website Communication Strategy Marketing Strategy Communication Mix VICTORIA’S SECRET • Leading lingerie brand • Sexy, self confident, beautiful women, always youthful • Inspired by fashion, celebrate it through their world famous runway shoes with ‘Victoria’s Secret Angels’ PINK (SUB BRAND) • More loungewear than lingerie • TAGLINE: live comfy. Live chic. Live PINK • Dominant aspirational lifestyle brand celebrating sexy college going girls and campus life • Spirit, humour, optimism and self confidence of the girl who wears, loves and lives PINK
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  2016 2015 2014 2013 2012 ADS BRAND CAMPAIGNS Source: Doneby Gupta
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  ADS ADS CATALOGUE • The Victoria’sSecret catalogue are very popular and key promotional tool for the brand which can easily obtained by simply requesting delivery from the website. Since Wexner shifted the focus of the brand from male target to female target, the catalogues are very popular tool amongst males who want to shop for their women friends PAID ADS IN MAGAZINES & NEWSPAPES • Since paid ads are a good way to reach a wide audience Victoria’s Secret targets top fashion, teenage fashion and women’s lifestyle magazines like Vogue, Cosmopolitan, In Style, Glamour, and Allure to reach its target • Mallory Schlossberg (2015:online) compares Victoria’s Secret to Aerie, American Eagle's lingerie brand who stopped retouching images in their campaigns in 2014. Their #AerieREAL campaign celebrates women as they are unlike Victoria’s Secret models who aren't real
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  PUBLIC RELATIONS PLACE • Since,Victoria’s Secret owes most of its success to purely the brand image it has marketed over the years, the testimonials are a crucial tool of their communication strategy • Victoria’s Secret typically chooses young (usually aged between 18-22), popular, highly successful models who bring a folio of popular brands in their works. The brand refers to its Fashion show models, as “angels” hence trying to convey them as highly desirable, beautiful and sexy. As per Business Insider (2015), Angels Adriana Lima, Alessandra Ambrosio, Behati Prinsloo, Candice Swanepoel, and Lily Aldridge are also staying with the brand as models. The new ones joining them include Sara Sampaio (Portuguese model has been the voice and face of PINK since 2013), Elsa Hosk (swedish model), Jasmine Tookes (grew up in California) amongst others.In 2014, Taylor Swift was also an angel for the show. (Fortune, 2014) • Victoria’s Secret positions themselves like a “La Perla” for mass consumers hence we usually find their stores in diffusion streets and malls. In terms of selection of the spot in that specific diffusion/high fashion street or mall, they are usually seen placed near mass market and diffusion brands
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  WEBSITE AND APPLICATION •Prevalence of visual content over textual, a feature that can be observed in every channel, involve to communicate to customers • Victoria’s Secret uses the appeal of beautiful women called Angels to create both irresistible and informative content • Application allow customers to shop, locate the nearest store, get rewards, and connect with their social media • Live chat for an excellent customer support • Keywords such as ‘’sexy’’ heavily used in descriptions or headlines • Pink line available in the same page • Direct mail campaign and daily emails SOCIAL MEDIA • Logo as their profile picture aims at reinforcing their brand • Direct links in the bio • Snapchat as a good call to action tool
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  FASHION SHOWS • 74Models And Pop Singers • 500 Million Viewers Globally • Around $12 Million Budget • Not Open To The Public • Sponsorships • Exclusivity CRM OBJECTIVES • Trending The Long Term Control Groups • Track In Customers While In Shop • Retaining high quality customers by focusing on their Angel credit card customers, while adding new benefits, double and triple point events • Rewarding Loyalty Social Media Followers/Views Facebook 25M Pinterest 327K Instagram 36 M Youtube 42M Twitter 9.5M
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  FURNITURE • Even ifVictoria’s Secret is not a luxury label, all the furniture used by the brand is inspired by the classic and luxury style. From the chandeliers to the Italian marble floors, every element is being used to evoke a classic and sophisticated atmosphere SHOPPING EXPERIENCE COLORS • Hues of pink, black, gold and cream are the main colors used by the underwear label. It is also important to point out the striped wallpapers, the signature of the brand SHOPPING WINDOW • In order to bring the stores to life VS developed realistic mannequins with sexy and provocative poses PACKAGING • attention to the design and the color pallets, creating a harmonic image between the store layout and the shopping bag
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  CATALOGUE • Catalogue isnot seen a core channel but as it still connected to the brand association due to the existence of it since the beginning. It shows the whole brand assortment,channel used by practical reasons E-COMMERCE • Streamlining its store and online assortments to better satisfy customers all around the world • Segmentation by products categories and lines, moreover there is a different website page per brand, one for Victoria’s Secrets, more mature advertisement campaigns and a classic font type, and one for PINK, more girlie and fresh. • Different from the retail stores, the online channel does not create the same luxury and fun environment, the e-commerce is very clean and there no soundtrack, suggesting low interaction • While the product is being chosen by the client it is possible to check the measures through a guide line provided by the label and all the pictures featuring every color and pattern the merchandise is available, likewise the description, explaining the most important details of the product • Contrary to the stores buying motivations, online purchases are more likely a fast and practical way of shopping, focusing more in the final product than in the environment behind it
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  • The indepth research and analysis of the communication mix of Victoria’s Secret have led to conclude the key learnings that: • The core reason behind its success is its brilliant highly visual marketing strategy • It taps purely on the emotion of its women target of desiring to be youthful, sexy and beautiful • Word of mouth publicity revolving their controversies has increased their brand awareness but negatively impacted the brand image as well. • The key problem that can be observed for Victoria’s Secret’s communication strategy that requires their immediate attention is that of their brand identity. The post modern consumer is becoming aware and notions of beauty and body shape have clearly expanded. Victoria’s Secret brand identity of stereotyping the body shape to look attractive may land the business in serious trouble. • The challenge here is how Victoria’s Secret having such a clear brand identity, that they portray their ‘angels’, the fashion show and all of their campaigns, would modify the core brand essence to evolve to the modern consumer’s preferences. CONCLUSION