Stacy Adams Proposal
Stacy Adams Proposal
Stacy Adams Proposal
BREAKING
Campaign Proposal
2014
TABLE of CONTENTS
Table of Contents1
Agency Overview.2
Executive Summary.3
Competitive Analysis4 - 5
SWOT6
Research7 - 10
Goals & Solutions.. 11
Target Audience.... 12
Consumer Profile.. 13
Positioning Statement / Single-Minded Idea.. 14
Print..15 - 16
Outdoor...17 - 23
Social Media... 24
Blogging25 - 26
Snapchat..27
Online. 28
YouTube. 29
Online Radio.. 30
Online Newspapers31 - 34
Production Budget.35
Media Plan.. 36
Media Stats. 37
Did it Work?38
Conclusion..39
Appendix.40
AD
BREAKING
Ryan Bisceglia
Emma Petit
Kelly Rasmussen
Matthew Goldenberg
Brad Krause
Holly Hastings
EXECUTIVE SUMMARY
The name Stacy Adams has existed in the mind of consumers as an old brand
attached to a narrow demographic. Our goal is to more aggressively target a
younger and trendier audience. The closet door is wide open. Breaking Ad is
excited to introduce to you the re-vamped and re-styled Stacy Adams Style
Goes Anywhere Campaign. This campaign focuses on the versatility and trendsetting style of Stacy Adams shoes. As fashionable leaders among their peers,
our target audience never wants to be caught without a good-looking shoe to
compliment an outfit. For that reason, our main message to the consumer is, no
matter where you are going, you can step into style with Stacy Adams shoes.
We modified the planning approach to relate more effectively to a younger
target audience. An increased social media presence and the development of
platforms for more personal interactions is the core vision of our campaign.
Our re-branding effort involved a push for contemporary appeals and
promises. Young, professional, business-oriented men are constantly on the
move. They are also constantly in tune with their style. With little time for
wardrobe changes throughout the day, they need a shoe that looks good
anywhere. Stacy Adams is no longer the shoe for only special occasions.
It is the shoe for every occasion.
COMPETITIVE ANALYSIS
R E A C T I O N
A more expensive price range but the
Reaction line is still on the lower end
of the Kenneth Cole brand as a whole.
Kenneth Cole is sold at higher end
retailers like Nordstrom where Stacy
Adams is not available. They target
fashion conscious 20-30 year old men
and women. They have a similar web
presence to Stacy Adams in regards to
imagery and personality. In 2013 KCP
spent $8,438,638 on media as a whole.
Total annual ad spending was $15.9
million according to Redbooks.com.
Over half of the budget was used on
magazines, followed by newspapers,
internet and then outdoor. While this
data isnt for KCP Reaction specifically,
it gives us an idea of how that money
is distributed.
$15,900,000*
Aldos brand promise is: Always up-todate with the latest trends from the
fashion capitals of the world, and with an
emphasis on quality and craftsmanship,
Aldo is a brand for the conscious, selfaware shopper. Aldos target market
includes the Stacy Adams target, but
additionally targets men and women
aged 16-45 with a bold sense of fashion.
Based on their target market and
offerings, their target market is focused
more on females than males. Aldo is also
available at Nordstroms and on at nearcost sites like Zappos.
$7,681,387*
$965,161*
COMPETITIVE
ANALYSIS
T A K E A W A Y
These companies feature very similar shoes and use clich advertising;
they are stuck in the brands they have established. Therefore Stacy
Adams has the opportunity to differentiate itself to a new generation of
professionals with spending power.
SWOT
Strengths
Weaknesses
Not as active in social media as some
competition
Website needs more engaging content
Low quality/quantity of response to
comments and ratings across the web
Lack of distribution and limited line impacts
brand exposure
Opportunities
Threats
RESEARCH
P RI MARY
Our research was based on informal interviews, in-store interviews and online
surveys with our peers. As members of our target audience we decided that
these methods would yield the most honest and helpful responses for our
purposes. Focus groups were conducted in popular social environments where
our target market was most likely to be found. We conducted four focus groups
that consisted of 4-8 people each as well as one-on-one interviews from which
we were able to collect qualitative data. Furthermore we received 47 online
survey responses to find out more about the media consumption and buying
habits of our target market. By the end of our qualitative research we had a pile
of 84 sticky notes filled with valuable insights, in
other words, a stack of pure research gold.
20 47 84
focus groups
RESEARCH
P R I M A R Y
Comfort
The amount of online reviews and their content is
important, for online and in-store. so how do
you manage this and the trying shoes on comment
as part of your strategy?
Do not wear something thats uncomfortable for
the sake of fashion
Trying shoes on is important
When comparing two similar style shoes, comfort
is the deciding factor
R E S E A R C H
F I N D I N G S
overall
Comfort
Many guys buy shoes online, but only if they know they will
be comfortable & trust the brand. Trust needs to be built
before customer can be confident to buy online
Affordability
Durability is important.
Buy 3-4 pairs of shoes per year
Only own one or two pairs, dont buy them
regularly
Good prices/deals can change this
Affordability
Men want to buy shoes that are more durable but wont
hesitate to spend a little more if they really enjoy the shoe.
Therefore, the importance of style and affordability can be
interchangeable on the level of importance
Style
When getting dressed in the morning, the shoe
isnt the first priority, but theyre definitely
considered
Shoes that match with the most outfits are ideal.
Dress casual for work and important events, not
day to day
Think its a future style concern to have nice shoes.
More brand recognition of their bosses luxury
brands, e.g. Gucci, Burberry
Shoe buying efficiency: shoes that can be worn out
as well as casually
Calvin Klein is a top brand in the eyes of the target
market
Style
Guys who have a lot of shoes, tend to say they are crucially
important to an outfit. They would change parts of their
outfit to match their shoes
Some consider shoes a collectible item
Fashion conscious guys judge their friends on what they
wear when theyre out. They are leaders of fashion in their
social circle
Guys base outfits on the occasions - they aim to buy shoes
that work for multiple outfits and occasions
Wont hesitate to spend a little more if they really enjoy the
shoe
RESEARCH
O N L I N E
R E S E A RC H STAT S
purchased a
prefer to spend
agree to having their
pair of shoes in between $50-$100 own sense of style
the last 6 months for a pair of shoes
and flare
9
RESEARCH
INSIGHT
S EC O N DARY RES EARC H
10
Henig, S. (2013). Twenty Some Thing (1st ed., Vol. 1). Chicago: Plume.
We want them to feel confident and versatile with the shoes theyre in.
We want them them to feel like a daily weight has been lifted off their shoulders.
We are the solution for their consumer decision fatigue.
11
WHO
TA RG E T
A U D I E N C E
FASHION-CONSCIOUS
men
in
METROPOLITAN AREAS
WHO
CP ORNOS FU M
E
R
I L E
CONSUMER PROFILE
Stacy is a recent grad eager to get ahead in the business
world. Hes a busy professional who lives in downtown Chicago.
He enjoys his work, but also enjoys the nightlife the city has to
offer, going out 3-4 times a week. Stacy is exceptionally social,
both online and in person. He is engaged with the city he lives
in, and enjoys being an integral part of the social scene
surrounding him.
Stacy cares a lot about the way he looks and dresses, but has a
strict budget. Hes constantly on the lookout for stylish clothes
at an affordable price. Stacy believes his shoes are a key part of
his outfit and always has them in mind while shopping and
getting dressed in the morning.
Social media is an integral part of Stacys life. He likes keeping in
touch with his friends and staying up-to-date with whats
trending. Stacy is an early adopter and considers himself a
trendsetter. Often, he is the first in his group of friends to
discover new products and advancements.
13
POSITIONING
For young men between the ages of 18-30 who
are passionate about owning a contempo!ry and
trend-setting style, Stacy Adams oers
the best choice for fashionable shoes
that inspire condence, and
can be worn for any
occasion.
PRINT
In February and October, Stacy Adams will have one full page, color advertisement
in both GQ and Esquire magazines. These will be regionally focused around New
York.
GQ and Esquire are both mens fashion magazines that focus on style and entertainment. The
readers of both magazines are the prime target audience for Stacy Adams shoes. February
was a chosen month for the advertisements for New York Fashion Week.
GQ - Circulation
Esquire - Circulation
1,924,355
~2,000,000
15
16
OUTDOOR
L O S
A N G E L E S
17
BILLBOARD
OUTDOOR
C H I C A G O
Strategy In Chicago,
Metra train wraps will be
utilized in February and
again in October to appeal
to men while commuting to
work.
Rationale The months of
February and October provide
ideal timing to catch young
professionals attention as they are
looking for spring and winter attire,
respectively.
19
20
OUTDOOR
N E W
Y O R K
C I T Y
21
SUBWAY TAKEOVER
STATION DOMINATION
SOCIAL MEDIA
Stacy Adams social media will be positioned
as a style, career and social coach. The
ultimate goal is to get the audience to
associate the Stacy Adams brand with more
than just the shoe. We want them to relate
to the brand on a more personal level. Social
Media is the only type of media that allows
brands to have 2-way communication and
engagement with their audience - fostering
relationships.
24
BLOGGING
Strategy Provide fashionable
bloggers from Stay Classic,
Instagram and Buzzfeed sample
shoes to promote the Stacy
Adams brand.
Rationale The trendy young
professionals that fit into the
Stacy Adams target audience
are the same type of audience
that can be found following and
reading these blogs- it is a great
opportunity to promote the
brand in a natural way.
25
BLOGGING
BuzzFeed
Blogs effectively reach our consumers who are actively seeking ways to be fashion forward. Buzzfeed in
particular is a great medium to appeal to the Stacy Adams target demographic. By writing meaningful blog
posts that fit organically on the website,(such as fashion quizzes and blogs offering advice) we will use
Buzzfeed to build brand awareness and a more prominent social media presence.
26
SNAPCHAT
3
Active Users
Snaps / Day
100 million
400 million
27
Source: http://expandedramblings.com/index.php/snapchat-statistics/
28
Using our single minded idea and our tag line, we came
up with an idea for a Youtube series called "Style goes
Anywhere". The documentary style series will feature
one young man per episode talking about his
profession, life, and style. The professions covered
would vary significantly to show that Stacy Adams can
go anywhere andbe worn for a variety of professions
and occasions. We decided that a documentary style
series that focused more on how the shoes can be
worn, and less about why, would be a more engaging
and organic way to reach our target.
Each Youtube episode will be featured on the Stacy
Adams website in profiles about the men in the video,
and their style. That way the videos tie back to the
product and brand more directly. These profiles are
also a great way to show other Stacy Adams products
and the different styles the brand has to offer.
See Patricks story at: https://www.youtube.com/watch?
v=ICB6SpjBrgM&feature=youtu.be
29
15 Million
15.3 Billion
http://evolver.fm/2012/07/31/spotify-hits-4-million-paying-users-but-how-many-people-really-use-it/
http://www.statista.com/statistics/190975/listener-hours-of-music-streaming-service-pandora-since-2009/
ONLINE NEWSPAPERS
Strategy The advertisements will be cubes and
leaderboards across the LA Times, Chicago Tribune,
and NY Times mobile and desktop sites. The ads will
be featured on the websites Culture/Lifestyle,
Business, and Financial sections.
Rationale Young professionals are interested in,
and expected to, keep up with current affairs and
major industry events. That being said, our three
main markets have websites with sections that
appeal exactly to the young and trendy professional.
31
ONLINE NEWSPAPERS
ONLINE NEWSPAPERS
Chicago Tribune
50,000 Impressions over 30 days, $13.33 CPM, Cube, Leaderboard. This is another local option that we
picked because it will help raise awareness in Chicagoland area among one of their target audiences, the
young trendsetter, who [doesnt] follow the crowd; the lead it.
33
ONLINE NEWSPAPERS
HOW MUCH?
Production Budget
$234,000
$90,000
1 Billboard
$12,000
Snapchat Story
$5,000
$15,000
1 Train Wrap
$50,000
3 Posters/Print Ads
$20,000
3 Online Ads
$15,000
$20,000
30 Sec Radio Ad
$7,000
35
Month
January
February
March
April
May
June
July
August
September
October
November
December
Total
Guerilla
Stacy Adams Videos
Paid Instagramers
Organic Online BlogsBuzzfeed
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$25,000.00
StayClassicBlog
$25,000.00
$1,000.00
Snapchat
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$2,000.00
$64,000.00
$30,000.00
$1,000.00
$55,000.00
$5,000.00
$4,000.00
$30,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
Newspaper (website)
LA Times
New York Times
$6,300.00
$4,000.00
Chicago Tribune
$8,000.00
$4,000.00
$2,000.00
$4,000.00
$6,300.00
$6,300.00
$6,300.00
$37,800.00
$4,000.00
$4,000.00
$4,000.00
$28,000.00
$2,000.00
$2,000.00
$16,000.00
$12,300.00
$75,800.00
$4,000.00
$16,300.00
$4,000.00
$4,000.00
$10,300.00
$12,300.00
$12,600.00
$12,600.00
Magazine
GQ
$44,700.00
Esquire
$32,500.00
$44,700.00
$89,400.00
$44,700.00
$121,900.00
$32,500.00
$77,200.00
Web
Spotify
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
Pandora
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$2,000.00
$24,000.00
$24,000.00
Social Media
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$120,000.00
Youtube Ads
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$120,000.00
Hulu +
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$10,000.00
$120,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$34,000.00
$408,000.00
Outdoor
LA- Billboard
$30,000.00
$27,500.00
$15,000.00
$42,500.00
$10,000.00
$2,500.00
$10,000.00
$2,500.00
$2,500.00
$50,000.00
$2,500.00
$15,000.00
$2,500.00
$10,000.00
$2,500.00
$27,500.00
$37,500.00
$30,000.00
$2,500.00
$87,500.00
$757,200.00
$234,000.00
OVERALL COST
$991,200.00
36
SIMPLIFIED. . .
37
DID IT WORK?
...
SHOE SALES
Percentage increase
for dress casual sales,
overall growth of
revenue, share of
market
SOCIAL MEDIA
Monitor feedback as
well as increases in
Likes, Followers,
Subscribers and
Conversations
38
WEBSITE TRAFFIC
Mouse movement,
click through rates,
website visits for
measurement /
effectiveness
CONCLUSION
Major shoe brands have been recycling the same old ideas for years hoping
to maintain their prominence as a new generation of spenders rises to
power. Now is a prime opportunity to establish a new brand image for
Stacy Adams while maintaining the heritage that goes along with the name.
This means introducing consumers to a new factor when buying shoes and
reducing the decision fatigue we discovered our audience has been feeling.
The world moves quickly. Staying up to date with whats fashionable these
days requires time and energy, and our audience does just that. Therefore,
effectively advertising to them requires a lot of time and energy to keep up
with their habits. This book outlines a plan that can not only keep up with
them, but stay one step ahead of them, because style goes anywhere.
39
APPENDIX
Candidate Screening Questions
1. Are they male?
2. Are they 18-25 years of age?
3. Do they consider themselves fashionable/ do they care about fashion?
4. Have they purchased a pair of shoes in the last 6 months? (If no, why?)
5. How much do they spend on an average pair of shoes? ($50-$150)
40