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Woody’s Gentlemen’s
Clothiers
Marketing Research Live: Group 4
Tim Chung, Megan Grable, Jimmy Michaels, Paige Spinner, Devon Whitlock
Spring 2014
2
TABLE	
  OF	
  CONTENTS	
  
I.	
  	
  	
  LIST	
  OF	
  ILLUSTRATIONS	
  ...............................................................................................................................	
  3	
  
II.	
  MANAGERIAL	
  SUMMARY	
  ..............................................................................................................................	
  4	
  
III.	
  BACKGROUND	
  AND	
  OBJECTIVES	
  
RESEARCH	
  BACKGROUND	
  ..........................................................................................................................................	
  6	
  
RESEARCH	
  PROBLEM	
  AND	
  LIST	
  OF	
  OBJECTIVES	
  .....................................................................................................	
  7	
  
SECONDARY	
  DATA	
  .......................................................................................................................................................	
  8	
  
IV.	
  METHODS	
  USED	
  TO	
  OBTAIN	
  INFORMATION	
  
DESCRIPTION	
  OF	
  QUESTIONNAIRE	
  ...........................................................................................................................	
  9	
  
DATA	
  COLLECTION	
  METHOD	
  ..................................................................................................................................	
  10	
  
DESCRIPTION	
  OF	
  SAMPLE	
  .......................................................................................................................................	
  11	
  
V.	
  SURVEY	
  RESULTS	
  	
  
OBJECTIVE	
  ONE:	
  DETERMINE	
  THE	
  VISIBILITY	
  .....................................................................................................	
  12	
  
OBJECTIVE	
  TWO:	
  MOST	
  LIKELY	
  TO	
  SHOP	
  FOR	
  CLOTHING	
  ..................................................................................	
  15	
  
OBJECTIVE	
  THREE:	
  RETAIL	
  ENVIRONMENT	
  .........................................................................................................	
  16	
  
OBJECTIVE	
  FOUR:	
  BRANDS	
  ......................................................................................................................................	
  19	
  
OBJECTIVE	
  FIVE:	
  AVERAGE	
  WOODY’S	
  CUSTOMER	
  	
  ..............................................................................................	
  22	
  
OBJECTIVE	
  SIX:	
  MEDIA	
  USAGE	
  PATTERNS	
  ............................................................................................................	
  25	
  
OBJECTIVE	
  SEVEN:	
  SOCIAL	
  MEDIA	
  AND	
  PATRONIZATION	
  ..................................................................................	
  27	
  
VI.	
  LIMITATIONS,	
  SUMMARY	
  AND	
  RECOMMENDATIONS	
  
MAJOR	
  LIMITATIONS	
  OVERVIEW	
  	
  ...........................................................................................................................	
  33	
  
KEY	
  FINDINGS	
  SUMMARY	
  ........................................................................................................................................	
  35	
  
RECOMMENDATIONS	
  ...............................................................................................................................................	
  38	
  
VII.	
  APPENDIX	
  
COPY	
  OF	
  THE	
  QUESTIONNAIRE	
  ...............................................................................................................................	
  41	
  
RESEARCH	
  OBJECTIVES	
  SUMMARY	
  ........................................................................................................................	
  44	
  
SPSS	
  DATA	
  OUTPUT	
  ..................................................................................................................................................	
  45
3
LIST	
  OF	
  ILLUSTRATIONS	
  
Figure	
  1.1:	
  Location	
  Visibility,	
  Pie	
  Chart	
  ..........................................................................................	
  	
  12	
  
Figure	
  1.2:	
  Location	
  Visibility	
  2,	
  Pie	
  Chart	
  .......................................................................................	
  	
  14	
  
Figure	
  2.1:	
  Shopping	
  Likelihood,	
  Pie	
  Chart	
  	
  ....................................................................................	
  	
  15	
   	
  
Table	
  3.1:	
  Attractive	
  Store	
  Qualities,	
  Ordered	
  Rank	
  ...................................................................	
  	
  16	
   	
  
Table	
  3.2:	
  Preferred	
  Music,	
  Frequency	
  Distribution	
  ...................................................................	
  	
  17	
   	
  
Figure	
  3.3:	
  Music	
  Genre	
  Preference	
  While	
  Shopping,	
  Pie	
  Chart	
  .............................................	
  	
  18	
   	
  
Figure	
  4.1:	
  Brand	
  Desirability	
  Percentiles,	
  Bar	
  Graph	
  	
  ..............................................................	
  	
  20	
   	
  
Table	
  4.2:	
  Qualifying	
  “Desirable”	
  Brands	
  	
  ........................................................................................	
  	
  20	
   	
  
Figure	
  5.1:	
  Average	
  Shirt	
  Size,	
  Bar	
  Graph	
  	
  .......................................................................................	
  	
  22	
   	
  
Figure	
  5.2A:	
  Average	
  Pants	
  Size:	
  Length,	
  Bar	
  Graph	
  	
  ..................................................................	
  	
  23	
   	
  
Figure	
  5.2B:	
  Average	
  Pants	
  Size:	
  Width,	
  Bar	
  Graph	
  	
  ...................................................................	
  	
  23	
  
Figure	
  5.3:	
  Respondent	
  Age	
  Distribution,	
  Pie	
  Chart	
  	
  ...................................................................	
  	
  24	
  
Figure	
  6.1:	
  Social	
  Media	
  Usage,	
  Pie	
  Chart	
  	
  .......................................................................................	
  	
  25	
  
Figure	
  6.2:	
  Social	
  Media	
  Preference	
  of	
  Respondents	
  	
  .................................................................	
  	
  26	
  
Table	
  7.1:	
  Comparing	
  Social	
  Media	
  Preferences	
  and	
  Scenarios	
  to	
  Shop	
  	
  ...........................	
  	
  27	
  
Table	
  7.2:	
  Situational	
  Preferences	
  –	
  Facebook	
  vs.	
  Twitter,	
  Bar	
  Graph	
  	
  ..............................	
  	
  28	
  
Table	
  7.3:	
  Facebook	
  User	
  Preferences,	
  Population	
  Parameter	
  	
  .............................................	
  	
  30	
  
Figure	
  7.4:	
  Twitter	
  vs.	
  Facebook	
  –	
  Situational	
  Preferences,	
  Pie	
  Charts	
  	
  .............................	
  	
  30	
  
Table	
  7.5:	
  Twitter	
  User	
  Preferences,	
  Population	
  Parameter	
  	
  ..................................................	
  	
  31	
  
	
   	
  
4
MANAGERIAL	
  SUMMARY	
  
Methods	
  Used	
  to	
  Obtain	
  Information	
  
This	
  section	
  begins	
  by	
  introducing	
  the	
  questionnaire	
  (an	
  exact	
  copy	
  of	
  the	
  survey	
  can	
  be	
  found	
  
in	
  the	
  Appendix)	
  and	
  will	
  explain	
  the	
  design	
  of	
  the	
  survey	
  along	
  with	
  its	
  general	
  focus.	
  The	
  
survey	
  was	
  strictly	
  administered	
  online	
  with	
  ten	
  close-­‐ended	
  questions.	
  The	
  focus	
  of	
  the	
  survey	
  
was	
  not	
  to	
  find	
  out	
  demographic	
  variables	
  of	
  the	
  target	
  market,	
  since	
  that	
  is	
  already	
  well	
  
understood.	
  However,	
  the	
  focus	
  was	
  aimed	
  at	
  finding	
  out	
  different	
  trends	
  and	
  preferences	
  
among	
  the	
  target	
  market.	
  	
  
	
  
Additionally,	
  this	
  section	
  also	
  goes	
  into	
  the	
  data	
  collection	
  methods	
  and	
  description	
  of	
  the	
  
sample.	
  The	
  survey	
  was	
  created	
  using	
  Qualtrics,	
  an	
  online	
  data	
  collection	
  software.	
  The	
  sample	
  
size	
  was	
  101	
  male	
  respondents	
  who	
  are	
  students	
  at	
  the	
  University	
  of	
  Missouri.	
  These	
  screening	
  
variables	
  made	
  the	
  sample	
  more	
  representative	
  of	
  Woody's	
  actual	
  target	
  customer,	
  thus	
  
making	
  the	
  findings	
  more	
  applicable.	
  After	
  the	
  survey	
  was	
  administered,	
  the	
  findings	
  were	
  
compiled	
  and	
  exported	
  to	
  IBM's	
  SPSS	
  software	
  in	
  order	
  to	
  analyze	
  the	
  findings.	
  	
  
	
  
Background	
  and	
  Objectives	
  
This	
  section	
  starts	
  by	
  identifying	
  the	
  background	
  of	
  the	
  store.	
  It	
  explains	
  when	
  it	
  opened,	
  the	
  
current	
  location	
  at	
  which	
  it	
  resides,	
  and	
  some	
  of	
  the	
  problems	
  the	
  store	
  is	
  experiencing.	
  This	
  
section	
  also	
  contains	
  the	
  purpose	
  for	
  conducting	
  the	
  study,	
  and	
  how	
  the	
  research	
  will	
  be	
  
implemented	
  to	
  help	
  generate	
  more	
  awareness	
  and	
  visibility	
  for	
  the	
  store.	
  	
  
	
  	
  
In	
  addition,	
  this	
  section	
  explains	
  the	
  research	
  problem	
  the	
  store	
  is	
  experiencing,	
  as	
  well	
  as	
  the	
  
research	
  objectives	
  to	
  solve	
  the	
  problem.	
  Each	
  research	
  objective	
  is	
  listed	
  in	
  the	
  order	
  that	
  is	
  to	
  
be	
  explained	
  in	
  the	
  report.	
  Along	
  with	
  the	
  research	
  objectives	
  the	
  secondary	
  data	
  that	
  was	
  used	
  
in	
  the	
  research	
  is	
  also	
  listed,	
  such	
  as	
  the	
  student	
  population	
  of	
  the	
  university	
  and	
  the	
  male	
  
population	
  of	
  Mizzou.	
  	
  
	
  
Survey	
  Results	
  
This	
  section,	
  from	
  page	
  13-­‐29,	
  is	
  the	
  collective	
  group	
  research	
  objective	
  analyses	
  that	
  are	
  all	
  
based	
  on	
  survey	
  response	
  data.	
  The	
  findings	
  for	
  each	
  of	
  the	
  objectives	
  can	
  be	
  found	
  in	
  the	
  Key	
  
Findings	
  Summary	
  section.	
  
	
  
Objective	
  One:	
  Determining	
  the	
  visibility	
  of	
  Woody's	
  among	
  its	
  target	
  market	
  
The	
  aim	
  of	
  this	
  objective	
  was	
  to	
  get	
  a	
  general	
  idea	
  of	
  how	
  prevalent	
  the	
  Woody's	
  store	
  name	
  is	
  
among	
  the	
  college	
  campus.	
  How	
  many	
  people	
  know	
  where	
  Woody's	
  is	
  located	
  and	
  how	
  many	
  
people	
  have	
  even	
  heard	
  of	
  Woody's?	
  These	
  are	
  the	
  questions	
  used	
  to	
  determine	
  the	
  visibility.	
  	
  
	
  
Objective	
  Two:	
  Determine	
  when	
  target	
  customers	
  are	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing	
  
	
  The	
  aim	
  of	
  this	
  objective	
  was	
  to	
  determine	
  which	
  scenarios	
  target	
  customers	
  are	
  most	
  likely	
  to	
  
shop	
  for	
  new	
  clothing.	
  Woody’s	
  wanted	
  to	
  know	
  if	
  customers	
  are	
  more	
  likely	
  to	
  shop	
  during	
  a	
  
sale,	
  change	
  of	
  season,	
  for	
  an	
  upcoming	
  event	
  or	
  after	
  receiving	
  a	
  discount	
  coupon.	
  
5
	
  
Objective	
  Three:	
  What	
  retail	
  environment	
  will	
  be	
  the	
  most	
  conducive	
  to	
  customer	
  retention?	
  
The	
  goal	
  of	
  this	
  objective	
  was	
  to	
  identify	
  what	
  environmental	
  factors	
  of	
  Woody’s	
  will	
  attract	
  the	
  
most	
  foot	
  traffic.	
  Participants	
  of	
  the	
  survey	
  were	
  asked	
  to	
  rank	
  what	
  aspects	
  of	
  a	
  store	
  
atmosphere	
  are	
  of	
  the	
  highest	
  importance	
  to	
  them.	
  With	
  one	
  of	
  the	
  aspect	
  options	
  being	
  
music,	
  respondents	
  were	
  then	
  asked	
  what	
  genre	
  of	
  music	
  they	
  preferred	
  most	
  while	
  shopping.	
  
	
  
Objective	
  Four:	
  Determining	
  what	
  brands	
  would	
  attract	
  customers	
  
This	
  objective	
  was	
  aimed	
  at	
  asking	
  customers	
  to	
  select	
  brands	
  from	
  a	
  given	
  list	
  of	
  responses,	
  
indicating	
  if	
  they	
  would	
  desire	
  Woody’s	
  to	
  carry	
  that	
  brand	
  in	
  the	
  store.	
  This	
  ignored	
  brands	
  
Woody’s	
  already	
  had,	
  in	
  order	
  to	
  look	
  at	
  new	
  opportunities	
  for	
  adding	
  to	
  the	
  product	
  mix.	
  	
  
	
  	
  
Objective	
  Five:	
  Defining	
  the	
  average	
  Woody’s	
  target	
  consumer	
  
	
  The	
  purpose	
  of	
  this	
  objective	
  was	
  to	
  determine	
  the	
  average	
  customer	
  so	
  that	
  Woody’s	
  can	
  
better	
  tailor	
  their	
  products	
  and	
  inventory	
  to	
  the	
  desires	
  of	
  their	
  target	
  market.	
  It	
  asked	
  
questions	
  in	
  regard	
  to	
  age	
  and	
  clothing	
  size.	
  
	
  	
  
Objective	
  Six:	
  Determining	
  the	
  media	
  usage	
  patterns	
  of	
  those	
  who	
  would	
  patronize	
  the	
  
clothing	
  store:	
  The	
  purpose	
  for	
  this	
  objective	
  was	
  to	
  identify	
  what	
  types	
  of	
  social	
  media	
  
Woody’s	
  should	
  utilize	
  the	
  most	
  in	
  order	
  to	
  attract	
  the	
  most	
  customers.	
  Information	
  collected	
  
was	
  customers’	
  preferred	
  form	
  of	
  social	
  media.	
  	
  
	
  
Objective	
  Seven:	
  Determining	
  the	
  relationship	
  between	
  social	
  media	
  preference	
  and	
  
shopping	
  preferences:	
  The	
  primary	
  goal	
  of	
  this	
  objective	
  was	
  to	
  see	
  if	
  there	
  were	
  differences	
  between	
  
respondent’s	
  reaction	
  to	
  factors	
  that	
  would	
  entice	
  them	
  to	
  go	
  shopping,	
  grouping	
  respondents	
  by	
  
preferred	
  social	
  media	
  sites.	
  This	
  information	
  can	
  be	
  used	
  to	
  aim	
  its	
  social	
  media	
  marketing	
  and	
  posts	
  at	
  
the	
  most	
  effective	
  and	
  appropriate	
  platform.	
  	
  
	
  
Major	
  Limitations	
  This	
  section	
  simply	
  serves	
  as	
  a	
  disclaimer	
  that	
  explains	
  what	
  constraints	
  the	
  
group	
  faced	
  while	
  conducting	
  and	
  analyzing	
  the	
  studies.	
  In	
  summary,	
  the	
  biggest	
  limitations	
  
were	
  time,	
  money,	
  and	
  inexperience.	
  	
  
	
  
Key	
  Findings	
  Summary	
  
This	
  section	
  outlines	
  our	
  main	
  takeaways,	
  in	
  bullet	
  form,	
  of	
  the	
  data	
  that	
  we	
  collected	
  through	
  
SPSS	
  and	
  our	
  own	
  analysis.	
  This	
  is	
  the	
  main	
  summary	
  of	
  what	
  we	
  discovered	
  and	
  deduced.	
  
	
  
Recommendations	
  
This	
  section	
  provides	
  numerous	
  suggestions	
  to	
  generate	
  higher	
  awareness	
  of	
  brand	
  and	
  shop	
  
location,	
  customize	
  store	
  environment,	
  attract	
  more	
  customers	
  and	
  increase	
  sales,	
  and	
  improve	
  
social	
  media	
  engagement.	
  These	
  are	
  all	
  based	
  off	
  of	
  our	
  research	
  findings	
  from	
  the	
  report.	
  	
  
	
  
Research	
  Objectives	
  Summary	
  
Following	
  the	
  copy	
  of	
  the	
  questionnaire	
  is	
  a	
  table	
  that	
  outlines	
  which	
  questions	
  corresponded	
  
to	
  the	
  proper	
  research	
  objective.	
  
6
RESEARCH	
  BACKGROUND	
  
Company	
  Overview:
Sponsor:	
  Woody’s	
  Gentlemen’s	
  Clothiers,	
  GM	
  Alex	
  Weishaar
	
  
Woody’s	
  Gentlemen’s	
  Clothiers	
  is	
  one	
  of	
  the	
  newest	
  retail	
  stores	
  to	
  open	
  in	
  downtown	
  
Columbia,	
  opening	
  just	
  fourth	
  months	
  ago	
  in	
  late	
  January.	
  The	
  current	
  location	
  of	
  the	
  store	
  is	
  
on	
  9th	
  Street	
  and	
  Cherry,	
  one	
  of	
  the	
  most	
  trafficked	
  places	
  in	
  the	
  downtown	
  area.	
  This	
  location	
  
should	
  be	
  a	
  prime	
  location	
  for	
  foot	
  traffic	
  and	
  visibility	
  among	
  Columbia’s	
  local	
  population.	
  
However,	
  since	
  Woody’s	
  is	
  such	
  a	
  new	
  store,	
  one	
  of	
  the	
  biggest	
  problems	
  it	
  faces	
  is	
  visibility	
  
and	
  awareness	
  among	
  the	
  target	
  market.	
  The	
  purpose	
  of	
  the	
  study	
  being	
  conducted	
  was	
  to	
  
gain	
  demographic	
  information	
  and	
  personal	
  preferences	
  of	
  customers	
  so	
  that	
  Woody’s	
  can	
  
tailor	
  their	
  product	
  offerings	
  and	
  store	
  environment	
  to	
  what	
  customers	
  feel	
  they	
  can	
  relate	
  to	
  
and	
  desire	
  the	
  most.	
  	
  
Through	
  information	
  gathered	
  in	
  the	
  survey,	
  Woody’s	
  will	
  implement	
  marketing	
  
techniques	
  to	
  enhance	
  sales	
  and	
  visibility	
  of	
  the	
  store.	
  The	
  study	
  was	
  conducted	
  by	
  MRL	
  Group	
  
Four	
  to	
  provide	
  Woody’s	
  with	
  preferences,	
  tendencies,	
  and	
  demographic	
  information	
  regarding	
  
its	
  desired	
  target	
  market.	
  	
  
	
   	
  
7
RESEARCH	
  PROBLEM	
  &	
  OBJECTIVES	
  
Research	
  Problem:
“How	
  can	
  Woody’s	
  Clothiers	
  brand	
  its	
  company	
  image	
  to	
  attract	
  its	
  desired	
  target	
  
market	
  as	
  an	
  ‘upscale	
  casual’	
  clothing	
  retailer	
  in	
  Columbia,	
  Missouri?”	
  
Research	
  Objectives:	
  
1. Determine	
  the	
  visibility	
  of	
  Woody’s	
  among	
  the	
  target	
  market.	
  
2. In	
  which	
  scenarios	
  are	
  target	
  customers	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  
3. What	
  retail	
  environment	
  will	
  be	
  the	
  most	
  conducive	
  to	
  customer	
  retention?	
  
4. What	
  brands	
  would	
  attract	
  the	
  target	
  market?	
  
5. Define	
  the	
  average	
  Woody’s	
  target	
  consumer.	
  
6. What	
  are	
  the	
  media	
  usage	
  patterns	
  of	
  those	
  who	
  would	
  patronize	
  the	
  clothing	
  
store?	
  
7. What	
  is	
  the	
  relationship	
  between	
  social	
  media	
  usage	
  and	
  preference	
  for	
  
patronizing	
  the	
  store?	
  
	
  
	
  
	
  
8
SECONDARY	
  DATA	
  
Description	
  of	
  the	
  Secondary	
  Data	
  Used:	
  
The	
  secondary	
  data	
  used	
  in	
  the	
  research	
  included	
  the	
  general	
  population	
  and	
  the	
  male	
  
population	
  of	
  the	
  University	
  of	
  Missouri.	
  These	
  figures	
  were	
  needed	
  in	
  determining	
  the	
  overall	
  
sample	
  frame	
  and	
  population	
  of	
  potential	
  male	
  customers.	
  According	
  to	
  the	
  Mizzou	
  
undergraduate	
  admissions	
  facts	
  located	
  on	
  the	
  University	
  of	
  Missouri	
  Admissions	
  website1
:	
  
• A	
  total	
  of	
  34,658	
  students	
  attend	
  Mizzou1
	
  
o Of	
  the	
  thirty-­‐four	
  thousand	
  students,	
  16,635	
  of	
  them	
  are	
  males1
	
  
§ 48%	
  of	
  the	
  total	
  Mizzou	
  population	
  
Notes:
1Mizzou	
  Undergraduate	
  Admissions:	
  Fast	
  Facts	
  http://admissions.missouri.edu/mizzou-­‐
life/fast-­‐facts.php	
  
9
METHODS	
  USED	
  TO	
  OBTAIN	
  
INFORMATION	
  
Description	
  of	
  the	
  Questionnaire:	
  
	
  
	
  	
  	
  	
  	
   	
  	
  	
  	
  	
  	
   All	
  of	
  the	
  formal	
  data	
  was	
  collected	
  through	
  an	
  online	
  survey	
  administered	
  to	
  101	
  
respondents,	
  of	
  which	
  there	
  was	
  a	
  100%	
  response	
  rate	
  to	
  each	
  question.	
  The	
  survey	
  consisted	
  
of	
  10	
  closed-­‐ended	
  questions	
  with	
  a	
  couple	
  of	
  options	
  for	
  open-­‐ended	
  answers.	
  For	
  example,	
  
when	
  asked	
  which	
  brands	
  the	
  respondents	
  would	
  like	
  to	
  see	
  in-­‐store,	
  they	
  were	
  given	
  a	
  list	
  to	
  
choose	
  from	
  as	
  well	
  as	
  a	
  box	
  to	
  write	
  in	
  their	
  own	
  answer.	
  The	
  overall	
  aim	
  of	
  the	
  survey	
  was	
  
not	
  geared	
  towards	
  identifying	
  demographic	
  variables,	
  but	
  more	
  about	
  finding	
  the	
  trends	
  and	
  
preferences	
  within	
  the	
  target	
  market.	
  Woody’s	
  already	
  has	
  a	
  strong	
  grasp	
  on	
  who	
  the	
  ideal	
  
customer	
  is,	
  so	
  the	
  goal	
  was	
  to	
  target	
  those	
  individuals	
  and	
  simply	
  learn	
  more	
  about	
  them,	
  so	
  
that	
  Woody’s	
  can	
  cater	
  its	
  products	
  and	
  services	
  accordingly.	
  	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  The	
  question	
  topics	
  range	
  from	
  finding	
  out	
  whether	
  the	
  respondents	
  know	
  about	
  
Woody’s,	
  to	
  finding	
  out	
  favorite	
  brands,	
  and	
  even	
  average	
  t-­‐shirt	
  sizes.	
  The	
  construct	
  of	
  each	
  
question	
  was	
  to	
  further	
  the	
  research	
  objectives,	
  which	
  will	
  be	
  detailed	
  in	
  the	
  following	
  section	
  
labeled	
  Results.	
  	
  A	
  copy	
  of	
  the	
  survey	
  can	
  be	
  found	
  in	
  the	
  Appendix.	
  
	
  	
  	
   The	
  survey	
  was	
  restricted	
  to	
  male	
  University	
  of	
  Missouri	
  students,	
  because	
  that	
  is	
  
essentially	
  the	
  majority	
  of	
  the	
  market	
  Woody’s	
  is	
  trying	
  to	
  reach.	
  Woody’s,	
  an	
  upscale	
  clothing	
  
store,	
  does	
  not	
  necessarily	
  appeal	
  to	
  a	
  large	
  portion	
  of	
  the	
  population.	
  It	
  would	
  seem	
  
unnecessary	
  to	
  assess	
  the	
  preferences	
  of	
  individuals	
  who	
  have	
  no	
  interest	
  in	
  what	
  Woody’s	
  has	
  
to	
  offer.	
  Therefore,	
  students	
  affiliated	
  in	
  Greek	
  Life	
  made	
  up	
  the	
  majority	
  of	
  	
  
10
the	
  respondents	
  in	
  order	
  to	
  obtain	
  a	
  more	
  accurate	
  view.	
  Of	
  course,	
  there	
  are	
  demographic	
  
pockets	
  outside	
  of	
  Greek	
  Life	
  that	
  would	
  be	
  interested	
  in	
  Woody’s	
  clothing,	
  but	
  this	
  specific	
  
screening	
  allowed	
  for	
  the	
  sample	
  size	
  to	
  be	
  more	
  representative	
  of	
  Woody’s	
  target	
  market.	
  The	
  
sample	
  size	
  was	
  101	
  males	
  and	
  the	
  population	
  size	
  of	
  all	
  of	
  Mizzou’s	
  males	
  totals	
  close	
  to	
  
17,000.	
  
	
   Qualtrics	
  online	
  survey	
  software	
  was	
  used	
  to	
  create	
  and	
  administer	
  the	
  surveys.	
  This	
  
software	
  is	
  one	
  of	
  the	
  most	
  reputable	
  and	
  customer	
  friendly	
  data	
  collection	
  tools	
  out	
  there.	
  
Many	
  companies	
  use	
  Qualtrics	
  for	
  market	
  research,	
  customer	
  satisfaction	
  studies,	
  employee	
  
evaluations,	
  etc.	
  In	
  order	
  to	
  make	
  sense	
  of	
  the	
  survey	
  results,	
  Qualtrics	
  combines	
  the	
  findings	
  
into	
  an	
  “SPSS”	
  file.	
  Through	
  IBM’s	
  SPSS	
  software,	
  quantitative	
  analyses	
  were	
  conducted	
  to	
  find	
  
out	
  the	
  trends	
  and	
  patterns	
  of	
  the	
  respondents.	
  The	
  following	
  section	
  will	
  go	
  into	
  specific	
  detail	
  
on	
  the	
  study’s	
  findings.	
  	
  
Data	
  Collection	
  Method:	
  
	
   All	
  of	
  the	
  formal	
  data	
  was	
  collected	
  through	
  an	
  online	
  survey	
  administered	
  to	
  101	
  
respondents,	
  of	
  which	
  there	
  was	
  a	
  100%	
  response	
  rate	
  to	
  each	
  question.	
  Qualtrics	
  online	
  
survey	
  software	
  was	
  used	
  to	
  create	
  and	
  administer	
  the	
  surveys.	
  This	
  software	
  is	
  one	
  of	
  the	
  
most	
  reputable	
  and	
  user	
  friendly	
  data	
  collection	
  tools	
  out	
  there.	
  Many	
  companies	
  use	
  Qualtrics	
  
for	
  market	
  research,	
  customer	
  satisfaction	
  studies,	
  employee	
  evaluations,	
  etc.	
  In	
  order	
  to	
  make	
  
sense	
  of	
  the	
  survey	
  results,	
  Qualtrics	
  combines	
  the	
  findings	
  into	
  an	
  “SPSS”	
  file.	
  Through	
  IBM’s	
  
SPSS	
  software,	
  quantitative	
  analyses	
  were	
  conducted	
  to	
  find	
  out	
  the	
  trends	
  and	
  patterns	
  of	
  the	
  
respondents.	
  The	
  following	
  section	
  will	
  go	
  into	
  specific	
  detail	
  on	
  the	
  study’s	
  findings.	
  	
  
11
Description	
  of	
  Sample:	
  
	
   The	
  survey	
  was	
  restricted	
  to	
  male	
  University	
  of	
  Missouri	
  students,	
  because	
  that	
  is	
  
essentially	
  the	
  majority	
  of	
  the	
  market	
  Woody’s	
  is	
  trying	
  to	
  reach.	
  Woody’s,	
  an	
  upscale	
  clothing	
  
store,	
  doesn’t	
  necessarily	
  appeal	
  to	
  a	
  large	
  portion	
  of	
  the	
  population.	
  It	
  would	
  seem	
  
unnecessary	
  to	
  assess	
  the	
  preferences	
  of	
  individuals	
  who	
  have	
  no	
  interest	
  in	
  what	
  Woody’s	
  has	
  
to	
  offer.	
  Therefore,	
  students	
  affiliated	
  in	
  Greek	
  Life	
  made	
  up	
  the	
  majority	
  of	
  	
  
the	
  respondents	
  in	
  order	
  to	
  obtain	
  a	
  more	
  accurate	
  view.	
  Of	
  course,	
  there	
  are	
  demographic	
  
pockets	
  outside	
  of	
  Greek	
  Life	
  that	
  would	
  be	
  interested	
  in	
  Woody’s	
  clothing,	
  but	
  this	
  specific	
  
screening	
  allowed	
  for	
  the	
  sample	
  size	
  to	
  be	
  more	
  representative	
  of	
  Woody’s	
  target	
  market.	
  The	
  
sample	
  size	
  was	
  101	
  males	
  and	
  the	
  population	
  size	
  of	
  Mizzou’s	
  male	
  population	
  totals	
  close	
  to	
  
17,000.
12
SURVEY	
  RESULTS	
  
RESEARCH	
  OBJECTIVE	
  #1:	
  
Objective:	
  Determine	
  the	
  visibility	
  of	
  Woody’s	
  among	
  the	
  target	
  market.	
  
Questions:	
  	
  
• (#1)	
  “Do	
  you	
  know	
  the	
  location	
  of	
  Woody’s	
  in	
  Columbia?”	
  
• (#2)	
  “How	
  did	
  you	
  hear	
  about	
  Woody’s	
  Gentlemen’s	
  Clothiers?”	
  
The	
  first	
  objective	
  was	
  intended	
  to	
  be	
  an	
  overall	
  gauge	
  of	
  how	
  prominent	
  or	
  well	
  known	
  the	
  
Woody’s	
  store	
  is	
  among	
  the	
  target	
  demographic	
  in	
  Columbia.	
  Two	
  questions	
  within	
  the	
  online	
  
survey	
  were	
  dedicated	
  to	
  gathering	
  insight	
  on	
  this	
  objective.	
  The	
  first	
  question	
  pertained	
  to	
  
how	
  many	
  people	
  knew	
  the	
  store’s	
  location.	
  It	
  was	
  a	
  simple	
  yes	
  or	
  no	
  question,	
  but	
  the	
  results	
  
were	
  surprising.	
  Figure	
  1.1	
  illustrates	
  the	
  data:	
  
Fig 1.1: Location Visibility, Pie Chart
	
  
Yes	
  
44%	
  No	
  
56%	
  
Do	
  you	
  know	
  the	
  location	
  of	
  Woody's?	
  	
  
13
Findings:	
  Out	
  of	
  the	
  101	
  respondents,	
  56%	
  responded	
  that	
  they	
  did	
  not	
  know	
  where	
  Woody’s	
  
was	
  located.	
  This	
  number	
  seemed	
  much	
  higher	
  than	
  expected,	
  given	
  the	
  current	
  location	
  of	
  
the	
  store	
  on	
  9th	
  Street.	
  The	
  odds	
  are	
  that	
  most,	
  if	
  not	
  all	
  Mizzou	
  students,	
  have	
  passed	
  by	
  
Woody’s	
  on	
  multiple	
  occasions.	
  
However,	
  the	
  percentage	
  of	
  students	
  who	
  are	
  not	
  familiar	
  with	
  the	
  location	
  shows	
  that	
  
there	
  is	
  a	
  problem	
  with	
  the	
  visibility	
  of	
  the	
  store	
  from	
  the	
  street	
  view.	
  This	
  was	
  even	
  common	
  
among	
  some	
  of	
  the	
  members	
  within	
  the	
  group;	
  they	
  admitted	
  to	
  passing	
  by	
  the	
  store	
  dozens	
  
of	
  times	
  but	
  still	
  never	
  knowing	
  that	
  it	
  was	
  there.	
  
An	
  obvious	
  suggestion	
  to	
  this	
  problem	
  is	
  to	
  adjust	
  and/or	
  amplify	
  the	
  outdoor	
  signage.	
  
The	
  location	
  of	
  Woody’s	
  is	
  probably	
  one	
  of	
  the	
  largest	
  strengths	
  in	
  drawing	
  customers	
  there	
  
because	
  of	
  convenience,	
  yet	
  that	
  strength	
  is	
  not	
  being	
  fully	
  taken	
  advantage	
  of.	
  One	
  
observation	
  is	
  that	
  the	
  largest	
  Woody’s	
  logo	
  is	
  found	
  on	
  a	
  canopy	
  that	
  is	
  only	
  fully	
  visible	
  from	
  
the	
  other	
  side	
  of	
  the	
  street.	
  This	
  probably	
  plays	
  a	
  large	
  role	
  in	
  the	
  lack	
  of	
  recognition	
  the	
  store	
  
is	
  getting	
  as	
  hundreds	
  of	
  students	
  walk	
  passed	
  it	
  but	
  are	
  not	
  remembering	
  it.	
  	
  A	
  more	
  visible	
  
logo	
  coupled	
  with	
  the	
  brand	
  names	
  sold	
  in-­‐store,	
  could	
  allow	
  for	
  more	
  familiarity	
  with	
  the	
  
store	
  name	
  and	
  the	
  brands	
  it	
  associates	
  with.	
  
The	
  second	
  question	
  asked,	
  in	
  regards	
  to	
  the	
  first	
  objective	
  (determining	
  the	
  visibility),	
  
was	
  how	
  did	
  people	
  hear	
  about	
  Woody’s?	
  	
  	
  In	
  relation	
  to	
  the	
  results	
  of	
  the	
  first	
  question,	
  only	
  
6%	
  said	
  they	
  had	
  heard	
  about	
  Woody’s	
  because	
  they	
  walked	
  by	
  the	
  store.	
  Making	
  the	
  store	
  
more	
  recognizable	
  and	
  distinguished	
  from	
  the	
  outside	
  view	
  could	
  allow	
  Woody’s	
  to	
  create	
  a	
  
lot	
  more	
  awareness.	
  	
  
Figure	
  1.2	
  on	
  the	
  next	
  page	
  illustrates	
  the	
  distribution	
  of	
  all	
  101	
  responses.	
  
14
Fig 1.2: Visibility 2, Pie Chart
The	
  most	
  popular	
  response,	
  more	
  than	
  doubling	
  that	
  of	
  Social	
  Media,	
  was	
  people	
  who	
  
were	
  referred	
  to	
  Woody’s	
  by	
  a	
  friend.	
  Word-­‐of-­‐mouth	
  is	
  typically	
  one	
  of	
  the	
  strongest	
  forms	
  of	
  
advertisement	
  on	
  a	
  college	
  campus.	
  Within	
  the	
  Greek	
  community,	
  referrals	
  and	
  
recommendations	
  can	
  be	
  passed	
  on	
  very	
  quickly	
  due	
  to	
  sheer	
  numbers	
  of	
  patrons	
  living	
  
together.	
  Therefore,	
  incentivizing	
  referrals	
  could	
  be	
  a	
  worthwhile	
  investment	
  for	
  both	
  Woody’s	
  
and	
  current	
  Woody’s	
  shoppers.	
  A	
  program	
  where	
  both	
  the	
  referrer	
  and	
  the	
  referee	
  are	
  given	
  
some	
  kind	
  of	
  reward	
  would	
  be	
  relatively	
  cheap	
  and	
  easy	
  to	
  administer.	
  It	
  could	
  also	
  work	
  in	
  
conjunction	
  with	
  a	
  Woody’s	
  loyalty	
  program,	
  where	
  reward	
  points	
  would	
  be	
  added	
  to	
  the	
  
customer’s	
  “account”	
  for	
  giving	
  out	
  a	
  Woody’s	
  coupon	
  to	
  a	
  friend	
  who	
  then	
  used	
  that	
  
coupon.	
  	
  With	
  a	
  loyalty	
  program,	
  customers	
  will	
  be	
  more	
  enticed	
  to	
  make	
  return	
  visits	
  more	
  
frequently,	
  driving	
  sales	
  up.	
  
Referred	
  by	
  a	
  
friend,	
  
43.60%	
  
Walked	
  by,	
  
5.90%	
  
Social	
  Media,	
  
14.90%	
  
I	
  have	
  never	
  
heard	
  of	
  
Woody's,	
  
32.70%	
  
Other,	
  3%	
  
How	
  did	
  you	
  hear	
  about	
  Woody's?	
  
Referred	
  by	
  a	
  friend	
  
Walked	
  by	
  
Social	
  Media	
  
I	
  have	
  never	
  heard	
  of	
  
Woody's	
  
Other	
  
15
RESEARCH	
  OBJECTIVE	
  #2:
Objective:	
  In	
  which	
  scenarios	
  are	
  target	
  customers	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  
Questions:	
  (#3)	
  “In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?”	
  
The	
  goal	
  of	
  the	
  second	
  research	
  objective	
  was	
  to	
  determine	
  which	
  scenarios	
  Woody’s	
  
target	
  customers	
  are	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing.	
  This	
  information	
  would	
  be	
  used	
  to	
  
determine	
  the	
  best	
  methods	
  to	
  market	
  its	
  products	
  to	
  customers.	
  	
  
Fig 2.1: Shopping Likelihood, Pie Chart
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Findings:	
  Based	
  on	
  the	
  survey	
  results	
  in	
  Figure	
  2.1,	
  65%	
  of	
  respondents	
  said	
  they	
  are	
  most	
  likely	
  
to	
  shop	
  during	
  a	
  sale,	
  but	
  beyond	
  that,	
  other	
  methods	
  do	
  not	
  seem	
  to	
  differentiate	
  themselves	
  
from	
  one	
  another	
  as	
  far	
  as	
  effectiveness.	
  Upcoming	
  events,	
  change	
  of	
  season,	
  and	
  coupons	
  all	
  
fall	
  within	
  4%	
  of	
  each	
  other	
  as	
  far	
  as	
  effectiveness,	
  and	
  all	
  at	
  less	
  than	
  a	
  15%	
  preference	
  rate.	
  
This	
  information	
  helps	
  Woody’s	
  Gentlemen’s	
  Clothiers	
  better	
  understand	
  its	
  target	
  market	
  and	
  
when	
  those	
  customers	
  are	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing.	
  With	
  this	
  in	
  mind,	
  Woody’s	
  can	
  
now	
  cater	
  more	
  towards	
  its	
  target	
  market	
  by	
  executing	
  promotions	
  that	
  draw	
  in	
  the	
  majority	
  of	
  
its	
  target	
  market.	
  
During	
  
	
  a	
  sale	
  
65%	
  7.90%	
  
11.90%	
  
10.90%	
  
4%	
  
In	
  which	
  scenarios	
  are	
  target	
  customers	
  most	
  
likely	
  to	
  shop	
  for	
  new	
  clothing?	
  
During	
  a	
  sale	
  
When	
  I	
  receive	
  
discount	
  coupon	
  
Change	
  of	
  season	
  
For	
  an	
  upcoming	
  
event	
  
Other	
  
16
RESEARCH	
  OBJECTIVE	
  #3:	
  
Objective:	
  What	
  retail	
  environment	
  will	
  be	
  most	
  conducive	
  to	
  customer	
  retention?	
  
Questions:	
  	
  
• (#4)	
  “Please	
  rank	
  which	
  aspects	
  of	
  a	
  store	
  atmosphere	
  contribute	
  most	
  to	
  a	
  pleasant	
  
shopping	
  experience.	
  Arrange	
  from	
  top	
  to	
  bottom	
  based	
  on	
  level	
  of	
  importance.”	
  
• (#5)	
  “What	
  genre	
  of	
  music	
  do	
  you	
  prefer	
  most	
  while	
  shopping	
  in-­‐store?	
  Select	
  one.”	
  
	
  
The	
  goal	
  of	
  the	
  third	
  objective	
  was	
  to	
  figure	
  out	
  what	
  environmental	
  factors	
  of	
  Woody’s	
  
will	
  bring	
  in	
  the	
  most	
  foot	
  traffic.	
  The	
  participants	
  of	
  the	
  survey	
  were	
  asked	
  two	
  questions	
  
pertaining	
  to	
  this	
  objective.	
  The	
  first	
  question	
  asked	
  respondents	
  to	
  rank	
  which	
  aspects	
  of	
  a	
  
store	
  atmosphere	
  are	
  of	
  highest	
  importance	
  to	
  them.	
  It	
  is	
  important	
  to	
  understand	
  what	
  kind	
  of	
  
environment	
  the	
  customers	
  enjoy	
  most,	
  so	
  that	
  Woody’s	
  can	
  cater	
  its	
  store’s	
  appearance	
  or	
  
atmosphere	
  to	
  its	
  target	
  market’s	
  liking.	
  
	
   Table	
  3.1	
  illustrates	
  the	
  resulting	
  rankings	
  by	
  the	
  respondents	
  for	
  Question	
  #4.	
  Of	
  these	
  
aspects,	
  those	
  with	
  the	
  lowest	
  sum	
  totals	
  are	
  of	
  a	
  higher	
  priority	
  than	
  others,	
  because	
  a	
  #1	
  
ranking	
  designates	
  the	
  most	
  preferred	
  aspect	
  of	
  the	
  store	
  to	
  the	
  respondent.	
  
	
  
Table 3.1: Attractive Store Qualities, Ordered Rank
Which	
  aspects	
  of	
  a	
  store	
  atmosphere	
  contribute	
  most	
  to	
  a	
  pleasant	
  shopping	
  experience?	
  
	
  
Recognizable	
  
brands	
  
Store	
  Layout/	
  
Décor	
  
Friendly	
  Staff	
  
Knowledgeable	
  
Staff	
  
Music	
  
361	
   489	
   530	
   630	
   855	
  
#1	
   #2	
   #3	
   #4	
   #5	
  
17
Findings:	
  The	
  results	
  of	
  this	
  question	
  show	
  “recognizable	
  brands”,	
  scoring	
  the	
  group	
  low	
  of	
  361,	
  
was	
  of	
  greatest	
  importance	
  to	
  customers	
  when	
  it	
  comes	
  to	
  influential	
  store	
  aspects.	
  The	
  least	
  
important	
  aspect,	
  scoring	
  an	
  855,	
  was	
  in-­‐store	
  music.	
  
	
   These	
  rankings	
  show	
  Woody’s	
  that	
  recognizable	
  brands	
  should	
  be	
  its	
  most	
  focused	
  on	
  
aspect	
  in	
  order	
  to	
  give	
  customers	
  the	
  most	
  pleasant	
  shopping	
  experience.	
  	
  
	
  	
   While	
  having	
  such	
  a	
  large	
  assortment	
  of	
  brands	
  is	
  valuable,	
  customers	
  want	
  to	
  see	
  
brands	
  they	
  recognize	
  and	
  trust,	
  because	
  they	
  have	
  developed	
  loyalties	
  to	
  these	
  brands.	
  In	
  
Objective	
  #4,	
  we	
  will	
  further	
  explore	
  this	
  important	
  aspect	
  for	
  Woody’s.	
  	
  	
  
	
   The	
  second	
  question	
  of	
  Objective	
  #3	
  focuses	
  on	
  what	
  type	
  of	
  music	
  Woody’s	
  should	
  play	
  
in	
  its	
  store	
  to	
  give	
  its	
  customers	
  a	
  more	
  enjoyable	
  shopping	
  experience.	
  Originally,	
  it	
  was	
  
hypothesized	
  that	
  music	
  would	
  be	
  more	
  valued	
  than	
  the	
  findings	
  in	
  Table	
  3.1	
  would	
  ultimately	
  
show.	
  Although	
  this	
  may	
  be	
  the	
  case,	
  this	
  survey	
  still	
  collected	
  our	
  101	
  respondents	
  thoughts	
  
on	
  what	
  genres	
  of	
  music	
  they	
  prefer	
  most	
  while	
  shopping.	
  Respondents	
  were	
  asked	
  “What	
  
genre	
  of	
  music	
  do	
  you	
  prefer	
  most	
  while	
  shopping	
  in-­‐store?”	
  and	
  were	
  able	
  to	
  select	
  one	
  
response.	
  Table	
  3.2	
  and	
  Figure	
  3.3	
  show	
  overall	
  distribution	
  of	
  responses	
  for	
  this	
  question.	
  
Table 3.2: Preferred Music Genre, Frequency Distribution
What	
  genre	
  of	
  music	
  do	
  you	
  prefer	
  most	
  while	
  shopping	
  in-­‐store?
Genre
Percent
Preferred
Valid
Percent
Cumulative
Percent
Population parameter
at 95% confidence
Country 34.70 34.7 34.7 25.4%-44%
Soft Rock/ Indie 19.80 19.8 54.5 12%-28%
Rock 13.90 13.9 68.4 7.1%-20.6%
Hip Hop/Rap 11.90 11.9 80.3 8.7%-15%
Pop 10.90 10.9 91.2 7.8%-14%
18
Fig 3.3: Music Genre Preference While Shopping, Pie Chart
	
  
Findings:	
  The	
  results	
  of	
  this	
  question	
  shows	
  34%	
  of	
  respondents	
  prefer	
  to	
  hear	
  country	
  music	
  
when	
  shopping	
  in-­‐store.	
  After	
  conducting	
  a	
  95%	
  confidence	
  test	
  for	
  the	
  population,	
  our	
  analysis	
  
concluded	
  that	
  between	
  25.4%-­‐44%	
  of	
  Woody’s	
  target	
  population	
  would	
  potentially	
  prefer	
  
country	
  as	
  the	
  genre	
  of	
  choice	
  while	
  shopping.	
  The	
  population	
  parameters	
  for	
  all	
  genres	
  can	
  be	
  
seen	
  on	
  the	
  previous	
  page	
  in	
  Table	
  3.2.	
  While	
  country	
  was	
  the	
  genre	
  with	
  the	
  highest	
  rate	
  of	
  
preference,	
  it	
  still	
  only	
  accounts	
  for	
  just	
  over	
  one	
  third	
  of	
  the	
  total	
  population.	
  Because	
  of	
  this,	
  
it	
  would	
  be	
  beneficial	
  for	
  Woody’s	
  to	
  include	
  other	
  genres	
  in	
  the	
  mix.	
  The	
  second	
  highest	
  
preferred	
  genre	
  was	
  soft	
  rock/indie,	
  and	
  the	
  third	
  highest	
  was	
  rock.	
  If	
  Woody’s	
  combined	
  these	
  
three	
  as	
  its	
  main	
  mix	
  of	
  music	
  in	
  the	
  store,	
  it	
  would	
  please	
  almost	
  70%	
  of	
  the	
  total	
  customer	
  
base.	
  The	
  least	
  preferred	
  music	
  of	
  the	
  given	
  choices	
  was	
  pop,	
  at	
  11%.	
  It	
  would	
  be	
  advisable	
  to	
  
avoid	
  playing	
  this	
  genre	
  too	
  much	
  because	
  it	
  isn’t	
  as	
  preferred	
  as	
  other	
  genres	
  and	
  may	
  not	
  be	
  
as	
  enjoyable.	
  	
  
Country	
  
34.7%	
  
10.9%	
  
Rock	
  
14%	
  
11.9%	
  
Soft	
  Rock	
  
20%	
  
2%	
   6.9%	
  
Genres	
  of	
  music	
  which	
  customers	
  enjoy	
  most	
  
while	
  shopping	
  
Country	
  
Pop	
  
Rock	
  
Hip	
  Hop/Rap	
  
Soft	
  Rock/Indie	
  
No	
  Music	
  
Other	
  
19
RESEARCH	
  OBJECTIVE	
  #4:
Objective:	
  Which	
  brands	
  would	
  attract	
  the	
  target	
  market?	
  
Question:	
  (#6)	
  Which	
  brands	
  would	
  you	
  like	
  to	
  see	
  available	
  at	
  Woody’s?	
  
After	
  finding	
  that	
  having	
  recognizable	
  brands	
  in-­‐store	
  is	
  the	
  single	
  most	
  important	
  factor	
  for	
  
Woody’s	
  customers,	
  it	
  was	
  important	
  for	
  us	
  to	
  find	
  out	
  which	
  brands	
  customers	
  prefer.	
  While	
  
having	
  a	
  large	
  assortment	
  is	
  something	
  Woody’s	
  touts,	
  the	
  group	
  believed	
  that	
  having	
  brands	
  
that	
  its	
  customers	
  preferred	
  was	
  even	
  more	
  important.	
  The	
  group	
  wanted	
  to	
  ask	
  a	
  question	
  
that	
  was	
  aimed	
  at	
  finding	
  out	
  which	
  brands	
  Woody’s	
  should	
  potentially	
  add	
  to	
  its	
  product	
  mix,	
  
in	
  order	
  to	
  attract	
  more	
  customers	
  from	
  its	
  target	
  market.	
  	
  So,	
  the	
  group	
  asked:	
  Which	
  brands	
  
would	
  you	
  like	
  to	
  see	
  available	
  at	
  Woody’s?	
  This	
  question	
  was	
  a	
  simple	
  description	
  question,	
  as	
  
it	
  was	
  used	
  solely	
  for	
  finding	
  a	
  majority	
  of	
  respondents’	
  preference.	
  As	
  for	
  all	
  of	
  the	
  other	
  
questions,	
  all	
  101	
  people	
  surveyed	
  responded.	
  	
  
The	
  survey	
  listed	
  the	
  following	
  brands:	
  Vineyard	
  Vines,	
  Southern	
  Tide,	
  Patagonia,	
  
Fayettechill,	
  	
  Sperry	
  Topsider,	
  	
  Southern	
  Proper,	
  Maui	
  Jim,	
  and	
  Ray	
  Ban.	
  The	
  survey	
  also	
  
included	
  the	
  option	
  “Other”,	
  leaving	
  customers	
  the	
  opportunity	
  to	
  list	
  a	
  brand	
  they	
  would	
  like	
  
to	
  see	
  if	
  it	
  wasn’t	
  already	
  listed.	
  The	
  survey	
  allowed	
  the	
  respondents	
  to	
  select	
  all	
  brands	
  that	
  
applied	
  among	
  those	
  listed.	
  With	
  Woody’s	
  vision	
  to	
  be	
  Columbia’s	
  premiere	
  “upscale-­‐casual	
  
clothing”	
  retailer,	
  these	
  are	
  all	
  brands	
  the	
  group	
  identified	
  that	
  fit	
  Woody’s	
  image	
  and	
  are	
  well-­‐
known	
  brands	
  among	
  its	
  target	
  demographic.	
  	
  
Findings:	
  The	
  group	
  was	
  not	
  surprised	
  by	
  the	
  results	
  of	
  this	
  question.	
  Following	
  our	
  analysis	
  
of	
  the	
  raw	
  data,	
  the	
  group	
  declared	
  that	
  “desired”	
  brands	
  were	
  brands	
  that	
  at	
  least	
  two	
  in	
  
every	
  three	
  people	
  (67%)	
  would	
  prefer	
  to	
  have	
  in	
  the	
  store.	
  With	
  that	
  in	
  mind,	
  data	
  showed	
  
20
four	
  brands	
  that	
  fit	
  the	
  requirement:	
  Vineyard	
  Vines,	
  Southern	
  Tide,	
  Sperry,	
  and	
  Patagonia.	
  
These	
  four	
  brands	
  were	
  desired	
  by	
  at	
  least	
  67%	
  of	
  respondents.	
  	
  
As	
  you	
  can	
  see	
  below	
  in	
  Figure	
  4.1,	
  no	
  other	
  brands	
  even	
  reached	
  50%	
  as	
  far	
  as	
  
desirability,	
  so	
  there	
  was	
  no	
  further	
  analysis	
  on	
  those	
  brands,	
  deeming	
  them	
  irrelevant	
  for	
  
analyses	
  purposes.	
  
Fig 4.1: Brand Desirability Percentiles, Bar Graph
	
  
Table 4.2: Qualifying “Desirable” Brands
“Desired”	
  brands	
  by	
  respondents	
  
Brand	
   Total	
  %	
   Population	
  parameter	
  
Vineyard	
  Vines	
   80%	
   72.2%-­‐87.8%	
  
Southern	
  Tide	
   76%	
   67.7%	
  -­‐	
  84.3%	
  
Sperry	
  Topsider	
   70%	
   61%-­‐79%	
  
Patagonia	
   67%	
   59.34%-­‐74.66%	
  
	
  
	
  
80%	
  
76%	
  
70%	
   67%	
  
45%	
  
27%	
  
15%	
   13%	
   10%	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
80%	
  
90%	
  
Brand	
  desirability	
  by	
  Woody's	
  Clothiers	
  
customers	
  
Vineyard	
  Vines	
  
Southern	
  Tide	
  
Sperry	
  
Patagonia	
  
Southern	
  Proper	
  
Maui	
  Jim	
  
Fayettechill	
  
Other	
  
Ray	
  Ban	
  
21
	
   Table	
  4.2	
  represents	
  the	
  results	
  of	
  confidence	
  tests	
  at	
  a	
  95%	
  confidence	
  level	
  conducted	
  
on	
  the	
  four	
  “desired”	
  brands	
  to	
  find	
  out	
  what	
  percent	
  of	
  the	
  total	
  population	
  would	
  also	
  desire	
  
the	
  same	
  brands.	
  Vineyard	
  Vines,	
  Southern	
  Tide	
  and	
  Sperry	
  were	
  desirable	
  in	
  any	
  scenario	
  from	
  
our	
  population.	
  On	
  the	
  low	
  end,	
  Patagonia	
  and	
  Sperry	
  Topsider	
  miss	
  the	
  mark	
  for	
  being	
  a	
  top	
  
choice,	
  at	
  59.34%	
  and	
  61%.	
  These	
  brands	
  both	
  easily	
  fit	
  the	
  requirement	
  on	
  the	
  high	
  end	
  of	
  the	
  
parameter.	
  Based	
  on	
  this,	
  it	
  would	
  take	
  a	
  gut	
  decision	
  by	
  management	
  to	
  decide	
  if	
  it	
  was	
  
beneficial	
  for	
  them	
  to	
  carry	
  those	
  two	
  brands.	
  However,	
  Woody’s	
  should	
  carry	
  Southern	
  Tide	
  
and	
  Vineyard	
  Vines.	
  	
  
	
  
Conclusion	
  and	
  suggestions:	
  If	
  added	
  to	
  the	
  store’s	
  product	
  mix,	
  these	
  four	
  brands	
  would	
  
attract	
  a	
  significant	
  amount	
  of	
  Woody’s	
  target	
  market	
  because	
  it	
  would	
  be	
  able	
  to	
  have	
  all	
  of	
  
these	
  popular	
  brands	
  in	
  one	
  location.	
  Currently,	
  all	
  of	
  these	
  brands	
  are	
  offered	
  in	
  the	
  city	
  of	
  
Columbia.	
  However,	
  these	
  brands	
  are	
  only	
  offered	
  at	
  select	
  stores,	
  some	
  even	
  exclusively.	
  
Currently,	
  Vineyard	
  Vines	
  clothing	
  is	
  only	
  sold	
  at	
  Glik’s,	
  Southern	
  Tide	
  products	
  are	
  only	
  offered	
  
at	
  Bingham's,	
  Patagonia	
  is	
  only	
  available	
  at	
  Alpine	
  Shop,	
  and	
  Sperry	
  Topsider	
  can	
  be	
  found	
  in	
  a	
  
select	
  few	
  department	
  stores	
  near	
  the	
  Columbia	
  Mall.	
  Having	
  these	
  brands	
  in	
  one	
  place	
  would	
  
drastically	
  increase	
  store	
  visibility,	
  because	
  students	
  on	
  campus	
  have	
  come	
  to	
  know	
  over	
  time	
  
which	
  stores	
  offer	
  these	
  specific	
  brands	
  in	
  Columbia.	
  By	
  carrying	
  these	
  brands,	
  Woody’s	
  could	
  
combine	
  a	
  highly	
  desirable	
  clothing	
  selection	
  with	
  the	
  added	
  convenience	
  of	
  proximity	
  to	
  the	
  
Mizzou	
  campus.	
  Because	
  many	
  students	
  may	
  not	
  own	
  a	
  car,	
  yet	
  desire	
  these	
  brands,	
  having	
  a	
  
store	
  within	
  a	
  ten	
  minute	
  walk	
  of	
  campus	
  could	
  increase	
  foot	
  traffic	
  into	
  Woody’s	
  for	
  these	
  
brands	
  on	
  their	
  own.	
  	
  
22
RESEARCH	
  OBJECTIVE	
  #5	
  
Objective:	
  Define	
  the	
  average	
  Woody’s	
  target	
  consumer	
  
Questions:	
  	
  
• (#7)“What	
  is	
  your	
  average	
  shirt	
  size?”	
  
• (#8)“What	
  is	
  your	
  average	
  pant	
  size:	
  Pant	
  length,	
  Pant	
  width?”	
  
• (#10)“What	
  is	
  your	
  age?”	
  	
  
	
  
	
   When	
  defining	
  the	
  average	
  Woody’s	
  customer,	
  it	
  was	
  decided	
  to	
  figure	
  out	
  the	
  average	
  
shirt	
  and	
  pants	
  sizes	
  as	
  well	
  as	
  the	
  average	
  age	
  of	
  the	
  typical	
  consumer.	
  Each	
  respondent	
  was	
  
asked	
  to	
  list	
  their	
  preferred	
  shirt	
  size	
  and	
  the	
  size	
  of	
  their	
  waste	
  and	
  length	
  of	
  pants.	
  Each	
  
average	
  was	
  calculated	
  to	
  help	
  Woody’s	
  determine	
  the	
  typical	
  customer	
  that	
  will	
  patronize	
  the	
  
store.	
  Woody’s	
  wanted	
  to	
  know	
  this	
  specific	
  information	
  for	
  inventory	
  purchasing	
  purposes.	
  By	
  
knowing	
  its	
  average	
  customer’s	
  shirt	
  size,	
  it	
  can	
  make	
  sure	
  to	
  order	
  enough	
  of	
  that	
  size	
  up	
  front	
  
so	
  it	
  can	
  meet	
  demand	
  and	
  satisfy	
  customer	
  needs.	
  
Findings:	
  In	
  the	
  figures	
  below	
  are	
  the	
  data	
  achieved	
  to	
  determine	
  the	
  average	
  Woody’s	
  
customer.	
  Question	
  7	
  was	
  asked	
  to	
  determine	
  the	
  shirt	
  size	
  for	
  each	
  respondent	
  on	
  average.	
  Fig	
  
5.1	
  illustrates	
  that	
  the	
  shirt	
  sizes	
  worn	
  the	
  most	
  were	
  Large	
  and	
  Medium.	
  
Fig 5.1: Average Shirt Size, Bar Graph
4	
  
35	
  
44	
  
17	
  
1	
  
0	
  
5	
  
10	
  
15	
  
20	
  
25	
  
30	
  
35	
  
40	
  
45	
  
50	
  
Small	
   Medium	
   Large	
   XL	
   XXL	
  
Frequency	
  
Average	
  Shirt	
  Size	
  
n=101	
  
23
When	
  respondents	
  were	
  asked	
  to	
  record	
  their	
  average	
  pant	
  waist	
  and	
  length,	
  results	
  
showed	
  that	
  the	
  average	
  length	
  is	
  between	
  a	
  32-­‐34,	
  and	
  the	
  average	
  waist	
  is	
  approximately	
  the	
  
same.	
  Figures	
  5.2A	
  &	
  5.2B	
  illustrate	
  the	
  entire	
  distribution	
  of	
  responses	
  for	
  both	
  questions.	
  
Fig 5.2A: Average Pants Size: Length, Bar Graph
Fig 5.2B: Average Pant Width, Bar Graph
	
  
1	
   2	
  
10	
  
12	
  
36	
  
9	
  
23	
  
2	
   4	
   0	
   2	
   0	
   0	
  
0	
  
5	
  
10	
  
15	
  
20	
  
25	
  
30	
  
35	
  
40	
  
28	
   29	
   30	
   31	
   32	
   33	
   34	
   35	
   36	
   37	
   38	
   40	
   44	
  
Frequency	
  
Measurement	
  (in	
  inches)	
  
Average	
  Pants	
  Size:	
  Length	
  
Inseam	
  
2	
   3	
   4	
  
7	
  
28	
  
14	
  
20	
  
3	
  
10	
  
1	
   6	
   2	
   1	
  
0	
  
5	
  
10	
  
15	
  
20	
  
25	
  
30	
  
28	
   29	
   30	
   31	
   32	
   33	
   34	
   35	
   36	
   37	
   38	
   40	
   44	
  
Frequency	
  
Measurement	
  (in	
  inches)	
  
Average	
  Pants	
  Size:	
  Width	
  
Waist	
  
24
Fig 5.3: Respondent Age Distribution, Pie Chart
Findings:	
  Question	
  10	
  of	
  the	
  survey	
  was	
  asked	
  to	
  determine	
  the	
  average	
  age	
  of	
  potential	
  
customers.	
  The	
  results,	
  summarized	
  in	
  Figure	
  5.3,	
  concluded	
  that	
  the	
  average	
  age	
  of	
  the	
  
respondents	
  was	
  exactly	
  21	
  years	
  old.	
  One	
  interesting	
  piece	
  of	
  data	
  found	
  was	
  that	
  there	
  was	
  
an	
  equal	
  amount	
  of	
  respondents	
  over	
  the	
  age	
  of	
  21	
  as	
  there	
  were	
  under	
  21	
  (50%).	
  When	
  
excluding	
  low	
  frequency	
  responses,	
  80%	
  of	
  respondents	
  were	
  between	
  ages	
  19-­‐21.	
  This	
  is	
  not	
  
surprising,	
  as	
  Woody’s	
  brands	
  themselves	
  as	
  a	
  company	
  that	
  offers	
  “upscale	
  casual	
  clothing”	
  
for	
  young	
  professionals	
  who	
  are	
  just	
  entering	
  the	
  work	
  force	
  or	
  rounding	
  out	
  college.	
  	
  
The	
  results	
  of	
  the	
  survey	
  help	
  confirm	
  that	
  Woody’s	
  is	
  attracting	
  its	
  desired	
  age	
  group	
  
and	
  market.	
  With	
  the	
  sizing	
  information	
  of	
  the	
  average	
  customer,	
  Woody’s	
  can	
  now	
  fix	
  its	
  
inventory	
  levels	
  to	
  accurately	
  reflect	
  the	
  majority	
  of	
  their	
  customers’	
  sizing.	
   	
  
18	
  years	
  
2%	
  
19	
  years	
  
25%	
  
20	
  years	
  
23%	
  
21	
  years	
  
32%	
  
22	
  years	
  
14%	
  
23	
  years	
  
2%	
  
25	
  years	
  
1%	
  
29	
  years	
  
1%	
  
Other	
  
Age	
  of	
  respondents	
  
n=101	
  
18	
  years	
   19	
  years	
   20	
  years	
   21	
  years	
   22	
  years	
  
Other	
   23	
  years	
   25	
  years	
   29	
  years	
  
25
RESEARCH	
  OBJECTIVE	
  #6:	
  
Objective:	
  What	
  are	
  the	
  media	
  usage	
  patterns	
  of	
  those	
  who	
  would	
  patronize	
  the	
  clothing	
  
store?	
  
Questions:	
  (#11)	
  “What	
  source	
  of	
  social	
  media	
  do	
  you	
  use	
  the	
  most?	
  Select	
  one.”	
  
	
   The	
  goal	
  of	
  the	
  sixth	
  objective	
  was	
  to	
  figure	
  out	
  what	
  types	
  of	
  social	
  media	
  Woody’s	
  
should	
  use	
  to	
  bring	
  in	
  the	
  most	
  foot	
  traffic	
  to	
  its	
  store.	
  The	
  participants	
  were	
  asked	
  one	
  
question	
  pertaining	
  to	
  this	
  objective.	
  It	
  is	
  important	
  for	
  Woody’s	
  to	
  obtain	
  this	
  information	
  so	
  
that	
  it	
  can	
  spend	
  an	
  appropriate	
  amount	
  of	
  effort	
  and	
  time	
  on	
  the	
  right	
  social	
  media	
  platforms,	
  
instead	
  of	
  simply	
  guessing	
  what	
  might	
  work.	
  In	
  doing	
  so,	
  Woody’s	
  can	
  promote	
  its	
  store	
  within	
  
the	
  right	
  media	
  channels.	
  The	
  results	
  are	
  summarized	
  in	
  Figure	
  6.1	
  below.	
  	
  
Fig 6.1: Social Media Usage, Pie Chart
Facebook	
  
41%	
  
Twitter	
  
53%	
  
Instagram	
  
3%	
  
Youtube	
  
1%	
   Other	
  
2%	
  
What	
  source	
  of	
  social	
  media	
  do	
  you	
  use	
  
the	
  most?	
  	
  
n=101	
  
26
Findings:	
  An	
  analysis	
  of	
  our	
  survey	
  responses	
  show	
  that	
  there	
  are	
  only	
  two	
  relevant	
  forms	
  of	
  
social	
  media	
  among	
  the	
  results.	
  53%	
  of	
  respondents	
  use	
  Twitter	
  the	
  most,	
  and	
  Facebook	
  at	
  
41%.	
  That	
  leaves	
  just	
  7%	
  between	
  Instagram,	
  Youtube,	
  Pinterest,	
  and	
  all	
  other	
  forms	
  of	
  social	
  
media.	
  0%	
  of	
  respondents	
  selected	
  Pinterest	
  as	
  their	
  main	
  source	
  of	
  social	
  media.	
  Below,	
  Figure	
  
6.2	
  contains	
  the	
  complete	
  data	
  for	
  social	
  media	
  preferences	
  of	
  all	
  respondents,	
  omitting	
  
Pinterest	
  for	
  lack	
  of	
  any	
  data.	
  	
  
Fig 6.2: Social Media Preference of Respondents 	
  
Social Media
Preference
Frequency
Valid
Percent
Cumulative
Percent
Facebook 41 40.6 40.6
Twitter 54 53.5 94.1
Instagram 3 3.0 97.0
Youtube 1 1.0 98.0
Other 2 2.0 100.0
101 100% 100%
	
  
	
   These	
  results	
  show	
  that	
  Woody’s	
  should	
  be	
  using	
  Twitter	
  and	
  Facebook	
  the	
  most	
  to	
  
relay	
  new	
  information	
  about	
  Woody’s,	
  as	
  it	
  accounts	
  for	
  a	
  cumulative	
  94.1%	
  of	
  all	
  social	
  media	
  
usage	
  from	
  the	
  sample.	
  The	
  information	
  addressed	
  on	
  these	
  types	
  of	
  social	
  media	
  should	
  
include	
  sale	
  and	
  special	
  events,	
  chances	
  to	
  receive	
  a	
  discount	
  and	
  a	
  change	
  of	
  season	
  for	
  their	
  
clothing	
  items.	
  The	
  results	
  also	
  show	
  that	
  Woody’s	
  should	
  give	
  little	
  to	
  no	
  consideration	
  for	
  
Instagram,	
  Youtube,	
  and	
  Pinterest	
  as	
  channels	
  to	
  market	
  on.	
  	
  
	
  
	
  
27
RESEARCH	
  OBJECTIVE	
  #7:	
  
	
  
Objective:	
  What	
  is	
  the	
  relationship	
  between	
  social	
  media	
  usage	
  and	
  preference	
  for	
  patronizing	
  
the	
  store?	
  
Questions:	
  	
  
• (#3)	
  “In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?”	
  
• (#11)	
  “What	
  source	
  of	
  social	
  media	
  do	
  you	
  use	
  the	
  most?”	
  
	
  
In	
  question	
  11,	
  the	
  results	
  found	
  the	
  media	
  usage	
  patterns	
  of	
  Woody’s	
  target	
  customers.	
  It	
  
was	
  determined	
  that	
  Twitter	
  (53%)	
  and	
  Facebook	
  (41%)	
  were	
  by	
  far	
  the	
  most	
  frequently	
  used	
  
social	
  media	
  platform	
  by	
  respondents.	
  With	
  that	
  in	
  mind,	
  it	
  important	
  if	
  there	
  was	
  a	
  difference	
  
between	
  preferences	
  for	
  reasoning	
  to	
  shop	
  based	
  on	
  social	
  media	
  usage.	
  Since	
  Facebook	
  and	
  
Twitter	
  users	
  grossly	
  outnumbered	
  the	
  rest	
  (94	
  of	
  101	
  respondents),	
  the	
  other	
  forms	
  of	
  social	
  
media	
  were	
  dismissed	
  for	
  purposes	
  of	
  this	
  analysis.	
  The	
  responses	
  for	
  all	
  Twitter	
  and	
  Facebook	
  
users	
  in	
  regard	
  to	
  question	
  #3	
  were	
  then	
  compiled.	
  The	
  data	
  and	
  results	
  were	
  broken	
  down	
  and	
  
compiled	
  into	
  the	
  following	
  visuals.	
  
Table 7.1: Comparing Social Media Preferences and Scenarios to Shop	
  
In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  
Scenario	
   Facebook	
  users	
   #	
   Twitter	
  users	
   #	
  
During	
  a	
  sale	
  or	
  promotion	
   65.85%	
   27	
   62.96%	
   33	
  
When	
  I	
  have	
  received	
  a	
  
discount	
  coupon	
  
4.88%	
   2	
   9.26%	
   5	
  
Change	
  of	
  season	
   17.07%	
   7	
   9.26%	
   5	
  
For	
  an	
  upcoming	
  event	
   4.88%	
   2	
   16.67%	
   9	
  
Other	
   7.32%	
   3	
   1.85%	
   1	
  
TOTALS	
   100%	
   41	
   100%	
   53	
  
28
Findings:	
  In	
  Table	
  7.1	
  and	
  Figure	
  7.2,	
  the	
  collective	
  data	
  between	
  all	
  of	
  our	
  respondents	
  who	
  
use	
  Facebook	
  and	
  Twitter	
  is	
  summarized.	
  Just	
  as	
  was	
  the	
  case	
  in	
  Question	
  3,	
  both	
  Facebook	
  and	
  
Twitter	
  users	
  heavily	
  favored	
  shopping	
  during	
  a	
  sale	
  over	
  all	
  other	
  scenarios	
  combined.	
  With	
  
the	
  calculation	
  of	
  our	
  population	
  parameter,	
  it	
  was	
  found	
  that	
  between	
  50%	
  and	
  80%	
  of	
  
Woody’s	
  target	
  population	
  that	
  spends	
  the	
  majority	
  of	
  their	
  social	
  media	
  time	
  on	
  Facebook	
  
would	
  find	
  sales	
  an	
  effective	
  way	
  to	
  get	
  them	
  in	
  the	
  store.	
  The	
  results	
  found	
  that	
  between	
  50-­‐
76%	
  of	
  Woody’s	
  target	
  market	
  on	
  Twitter	
  would	
  find	
  sales	
  effective	
  as	
  well.	
  With	
  both	
  of	
  these	
  
social	
  media	
  profiles	
  having	
  at	
  minimum	
  a	
  50%	
  approval,	
  this	
  is	
  where	
  Woody’s	
  should	
  focus	
  
the	
  majority	
  of	
  its	
  efforts	
  with	
  social	
  media.	
  Other	
  than	
  that,	
  there	
  were	
  sizable	
  differences	
  in	
  
which	
  users	
  preferred	
  certain	
  attractors	
  to	
  shop.	
  The	
  only	
  two	
  significant	
  scenarios	
  in	
  which	
  we	
  
found	
  users	
  to	
  have	
  a	
  sizable	
  response	
  rate	
  were	
  during	
  a	
  change	
  of	
  season	
  and	
  in	
  anticipation	
  
of	
  an	
  upcoming	
  event.	
  	
  
Table 7.2: Situational Preferences – Facebook vs. Twitter, Bar Graph
	
  
65.85%	
  
4.88%	
  
17.07%	
  
4.88%	
  
7.32%	
  
62.96%	
  
9.26%	
   9.26%	
  
16.67%	
  
1.85%	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
60%	
  
70%	
  
During	
  a	
  sale	
   When	
  I	
  receive	
  
discount	
  coupon	
  
Change	
  of	
  season	
  For	
  an	
  upcoming	
  
event	
  
Other	
  
Situations	
  in	
  which	
  customer	
  is	
  most	
  likely	
  to	
  shop	
  
Facebook	
   Twitter	
  
29
Findings:	
  Looking	
  at	
  Figure	
  7.2,	
  discount	
  coupons	
  seemed	
  to	
  have	
  little	
  to	
  no	
  effect	
  for	
  either	
  
Facebook	
  or	
  Twitter	
  users	
  on	
  incentivizing	
  them	
  to	
  shop,	
  as	
  both	
  averaged	
  less	
  than	
  10%	
  
selection	
  rates	
  for	
  this	
  option	
  Because	
  of	
  this,	
  it	
  is	
  suggested	
  that	
  Woody’s	
  not	
  use	
  coupons	
  as	
  a	
  
form	
  of	
  marketing	
  at	
  any	
  point	
  in	
  time,	
  because	
  it	
  would	
  just	
  be	
  a	
  waste	
  of	
  the	
  store’s	
  money.	
  	
  
Just	
  as	
  was	
  the	
  case	
  in	
  Question	
  3,	
  both	
  Facebook	
  and	
  Twitter	
  users	
  heavily	
  favored	
  
shopping	
  during	
  a	
  sale	
  over	
  all	
  other	
  scenarios	
  combined.	
  This	
  is	
  clearly	
  seen	
  in	
  Figure	
  7.2,	
  as	
  
“During	
  a	
  sale”	
  literally	
  towers	
  over	
  all	
  other	
  responses.	
  Other	
  than	
  that,	
  there	
  were	
  smaller	
  but	
  
still	
  important	
  differences	
  in	
  which	
  users	
  preferred	
  certain	
  attractors	
  to	
  go	
  shopping.	
  Two	
  
scenarios	
  in	
  which	
  the	
  competing	
  users	
  have	
  sizable	
  differing	
  response	
  rates	
  were	
  “during	
  a	
  
change	
  of	
  season”	
  and	
  in	
  anticipation	
  of	
  “an	
  upcoming	
  event”.	
  
One	
  of	
  the	
  biggest	
  surprises	
  noticed	
  between	
  the	
  sample	
  group	
  came	
  in	
  regard	
  to	
  
shopping	
  for	
  an	
  upcoming	
  event.	
  Facebook	
  as	
  a	
  social	
  media	
  site	
  highly	
  leverages	
  its	
  ability	
  to	
  
create	
  and	
  join	
  events	
  on	
  its	
  website,	
  where	
  Twitter	
  does	
  not.	
  Based	
  on	
  this,	
  it	
  would	
  be	
  
reasonable	
  to	
  think	
  that	
  Facebook	
  users	
  would	
  be	
  more	
  likely	
  to	
  shop	
  for	
  clothes	
  in	
  the	
  case	
  of	
  
upcoming	
  events	
  than	
  an	
  avid	
  twitter	
  user	
  would.	
  	
  
The	
  results	
  in	
  Table	
  7.2	
  showed	
  that	
  Twitter	
  users	
  were	
  actually	
  more	
  than	
  four	
  times	
  
more	
  likely	
  to	
  shop	
  for	
  clothes	
  given	
  an	
  upcoming	
  event	
  than	
  Facebook	
  users.	
  16.67%	
  of	
  
respondents	
  who	
  use	
  Twitter	
  the	
  most	
  selected	
  this	
  option,	
  while	
  just	
  5%	
  of	
  avid	
  Facebook	
  
users	
  selected	
  this.	
  	
  
When	
  it	
  came	
  to	
  a	
  change	
  of	
  season,	
  this	
  is	
  where	
  Facebook	
  users	
  responded	
  much	
  
higher;	
  17%	
  selected	
  this	
  response.	
  Once	
  a	
  population	
  parameter	
  was	
  calculated,	
  it	
  was	
  
concluded	
  that	
  between	
  5%	
  and	
  29%	
  of	
  the	
  population	
  of	
  Woody’s	
  target	
  on	
  Facebook	
  would	
  
30
give	
  seasonal	
  change	
  as	
  a	
  reason	
  to	
  go	
  shop.	
  Since	
  Facebook	
  has	
  pages	
  to	
  visit	
  that	
  contain	
  less	
  
frequent	
  posts,	
  it	
  gives	
  businesses	
  the	
  opportunity	
  to	
  advertise	
  new	
  seasonal	
  clothing	
  or	
  sales	
  
of	
  season	
  clothing	
  without	
  those	
  posts	
  being	
  immediately	
  overlooked	
  or	
  eroded	
  as	
  often	
  as	
  it	
  
would	
  in	
  the	
  continual	
  clutter	
  of	
  posts	
  on	
  Twitter.	
  	
  
Table 7.3: Facebook User Preferences, Population Parameter
In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  	
  
Source:	
  Facebook	
  Users;	
  n=41	
  
Scenario	
   #	
   Avg	
  %	
  
Population	
  parameter	
  
(95%	
  Confidence)	
  
During	
  a	
  sale	
  or	
  promotion	
   27	
   66%	
   51.3-­‐80.4%	
  
Change	
  of	
  season	
   7	
   17%	
   5.5-­‐28.6%	
  
When	
  I	
  have	
  received	
  a	
  
discount	
  coupon	
  
2	
   5%	
  
0-­‐11.5%	
  
	
  
For	
  an	
  upcoming	
  event	
   2	
   5%	
   0-­‐11.5%	
  
Other	
   3	
   7%	
   0-­‐15.3%	
  
Fig 7.4: Twitter vs. Facebook – Situational Preferences, Pie Charts
66%	
  
17%	
  
5%	
  
5%	
  
7%	
  
Situations	
  in	
  which	
  I	
  would	
  shop	
  
During	
  a	
  sale	
  or	
  
promotion	
  
Change	
  of	
  season	
  
When	
  I	
  have	
  received	
  
a	
  discount	
  coupon	
  
For	
  an	
  upcoming	
  
event	
  
Other	
  
63%	
  17%	
  
9%	
  
9%	
  
2%	
  
	
  	
  n=53	
  	
   	
   	
   	
   	
   	
   	
   	
   	
  	
  	
  	
  	
  	
  n=41	
  
31
Conclusions	
  and	
  suggestions:	
  When	
  it	
  came	
  down	
  to	
  it,	
  change	
  of	
  season	
  was	
  the	
  only	
  other	
  
significant	
  reasoning	
  for	
  Facebook	
  users	
  to	
  justify	
  shopping	
  for	
  new	
  clothes.	
  As	
  seen	
  in	
  Figure	
  
7.4,	
  “Coupons”,	
  “upcoming	
  events”,	
  and	
  “other”	
  account	
  for	
  a	
  total	
  of	
  just	
  17%,	
  compared	
  to	
  
the	
  83%	
  between	
  sales	
  and	
  season	
  change.	
  It	
  is	
  suggested	
  that	
  Woody’s	
  ignore	
  creating	
  
Facebook	
  events	
  and	
  instead	
  focus	
  on	
  posting	
  pictures	
  of	
  its	
  new	
  (or	
  old)	
  seasonal	
  clothing	
  for	
  
its	
  fans	
  to	
  see	
  on	
  Facebook.	
  Because	
  Woody’s	
  so	
  heavily	
  leverages	
  its	
  ability	
  to	
  offer	
  the	
  best	
  
seasonal	
  selection,	
  it	
  can	
  also	
  use	
  this	
  to	
  leverage	
  sales	
  of	
  out-­‐of-­‐season	
  apparel	
  when	
  the	
  
season	
  is	
  ending,	
  along	
  with	
  the	
  new	
  clothing	
  as	
  it	
  comes	
  into	
  season.	
  This	
  caters	
  to	
  that	
  83%	
  of	
  
respondents	
  who	
  spend	
  the	
  majority	
  of	
  their	
  social	
  media	
  time	
  on	
  Facebook.	
  	
  
Table 7.5: Twitter User Preferences, Population Parameter
In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  	
  
Source:	
  Twitter	
  Users;	
  n=53	
  
Scenario	
   #	
   Avg	
  %	
  
Population	
  parameter	
  
(95%	
  Confidence)	
  
During	
  a	
  sale	
  or	
  promotion	
   33	
   63%	
   50-­‐76%	
  
For	
  an	
  upcoming	
  event	
   9	
   17%	
   6.7-­‐26.6%	
  
When	
  I	
  have	
  received	
  a	
  
discount	
  coupon	
  
5	
   9%	
   1.5-­‐17%	
  
Change	
  of	
  season	
   5	
   9%	
   1.5-­‐17%	
  
Other	
   1	
   2%	
   0-­‐5.8%	
  
As	
  compared	
  to	
  Facebook,	
  Twitter	
  users	
  seemed	
  somewhat	
  more	
  flexible	
  	
  
when	
  giving	
  responses	
  to	
  what	
  could	
  impact	
  them	
  to	
  go	
  shopping	
  for	
  new	
  clothes.	
  After	
  
conducting	
  the	
  population	
  parameter	
  for	
  Twitter	
  (as	
  shown	
  in	
  Table	
  7.5),	
  the	
  group	
  identified	
  
that	
  between	
  6.7%	
  and	
  26.6%	
  of	
  the	
  target	
  population	
  on	
  Twitter	
  would	
  patronize	
  the	
  store	
  if	
  
customers	
  had	
  an	
  upcoming	
  event	
  they	
  needed	
  new	
  clothes	
  for.	
  63%	
  of	
  respondents	
  selected	
  
32
that	
  a	
  sale	
  or	
  promotional	
  event	
  would	
  attract	
  them	
  to	
  go	
  shop,	
  so	
  coupling	
  that	
  with	
  the	
  17%	
  
of	
  respondents	
  who	
  would	
  come	
  in	
  looking	
  to	
  purchase	
  new	
  clothes	
  for	
  upcoming	
  events,	
  
Woody’s	
  will	
  potentially	
  reach	
  80%	
  of	
  its	
  local	
  target	
  market	
  on	
  Twitter.	
  
With	
  this	
  in	
  mind,	
  we	
  suggest	
  that	
  Woody’s	
  do	
  more	
  events	
  in	
  its	
  store	
  in	
  conjunction	
  
with	
  other	
  local	
  businesses,	
  as	
  it	
  has	
  done	
  in	
  the	
  past.	
  At	
  its	
  grand	
  opening,	
  Woody’s	
  partnered	
  
with	
  Harpo’s	
  to	
  supply	
  free	
  beer	
  and	
  free	
  wine	
  to	
  all	
  customers	
  who	
  came	
  into	
  the	
  store.	
  This	
  
event	
  was	
  coupled	
  with	
  a	
  sale,	
  making	
  it	
  even	
  more	
  desirable	
  to	
  show	
  up	
  and	
  take	
  a	
  look	
  at	
  
store	
  offerings.	
  	
  The	
  event,	
  which	
  Woody’s	
  has	
  repeated	
  multiple	
  times,	
  has	
  always	
  resulted	
  in	
  
big	
  crowds	
  and	
  revenues.	
  Woody’s	
  should	
  continue	
  to	
  seek	
  partnership	
  opportunities	
  with	
  
established	
  Columbia	
  businesses,	
  as	
  it	
  could	
  increase	
  its	
  credibility	
  by	
  association.	
  	
  	
  
	
   	
  
33
LIMITATIONS	
  
LIMITATIONS	
  OVERVIEW:	
  
	
  
As	
  undergraduate	
  students	
  performing	
  a	
  research	
  project,	
  there	
  were	
  many	
  constraints	
  
that	
  affected	
  the	
  results	
  of	
  the	
  study.	
  To	
  be	
  open	
  and	
  honest	
  about	
  the	
  limitations	
  and	
  possible	
  
flaws	
  of	
  the	
  research	
  is	
  something	
  the	
  group	
  regards	
  as	
  very	
  important.	
  To	
  begin,	
  there	
  was	
  
inevitably	
  a	
  time	
  and	
  money	
  constraint	
  to	
  the	
  research	
  that	
  was	
  done.	
  It	
  would	
  have	
  been	
  
preferred	
  to	
  spend	
  much	
  more	
  time	
  conducting	
  and	
  also	
  analyzing	
  the	
  data	
  results,	
  but	
  it	
  just	
  
was	
  not	
  feasible	
  as	
  full-­‐time	
  students.	
  In	
  addition,	
  there	
  were	
  limitations	
  on	
  the	
  kinds	
  of	
  studies	
  
and	
  research	
  methods	
  that	
  could	
  be	
  used	
  because	
  of	
  the	
  money	
  constraints.	
  	
  
There	
  were	
  also	
  limitations	
  and	
  possible	
  biases	
  in	
  the	
  sampling	
  method.	
  Because	
  the	
  
survey	
  targeted	
  male	
  college	
  students,	
  respondents	
  had	
  to	
  be	
  asked	
  in	
  a	
  more	
  individualized	
  
way	
  to	
  filter	
  out	
  possible	
  female	
  respondents.	
  Although	
  there	
  was	
  over	
  100	
  respondents,	
  many	
  
of	
  them	
  came	
  from	
  similar	
  fraternities	
  and	
  academic	
  majors	
  as	
  the	
  members	
  of	
  the	
  group.	
  
Therefore,	
  the	
  sample	
  population	
  was	
  not	
  as	
  diverse	
  and	
  encompassing	
  as	
  would	
  have	
  been	
  
preferred.	
  	
  	
  
Lastly,	
  there	
  was	
  the	
  limitation	
  of	
  only	
  using	
  online	
  surveys	
  to	
  gather	
  the	
  data.	
  This	
  
allowed	
  for	
  possible	
  misunderstandings	
  between	
  the	
  questions’	
  intent	
  and	
  the	
  way	
  it	
  was	
  
perceived	
  by	
  the	
  respondent.	
  Certain	
  questions,	
  like	
  the	
  one	
  involving	
  store	
  atmosphere,	
  would	
  
have	
  been	
  much	
  easier	
  to	
  record	
  and	
  analyze	
  with	
  proctors	
  and	
  in-­‐person	
  interviews.	
  The	
  
format	
  limited	
  the	
  ability	
  to	
  gain	
  deeper	
  insight	
  on	
  the	
  various	
  opinions	
  the	
  respondents	
  had	
  
but	
  could	
  not	
  express	
  through	
  multiple	
  choice.	
  	
  
34
Without	
  making	
  the	
  survey	
  too	
  overbearing	
  or	
  burdensome,	
  the	
  question	
  total	
  was	
  
limited	
  to	
  ten.	
  Therefore,	
  it	
  was	
  difficult	
  to	
  add	
  too	
  many	
  follow-­‐up	
  questions	
  that	
  would	
  really	
  
tie	
  it	
  back	
  and	
  make	
  it	
  applicable	
  to	
  the	
  store.	
  For	
  example,	
  there	
  was	
  a	
  question	
  about	
  which	
  
organization	
  the	
  respondents	
  were	
  involved	
  in.	
  However,	
  there	
  was	
  not	
  a	
  question	
  asked	
  on	
  
whether	
  those	
  individuals	
  had	
  previously	
  shopped	
  at	
  Woody’s,	
  so	
  it	
  was	
  difficult	
  to	
  correlate	
  if	
  
organizational	
  involvement	
  had	
  an	
  affect	
  on	
  their	
  interest	
  in	
  Woody’s.	
  	
  
	
   	
  
35
KEY	
  FINDINGS	
  SUMMARY	
  
• OBJECTIVE	
  #1:	
  DETERMINE	
  THE	
  VISIBILITY	
  OF	
  WOODY’S	
  AMONG	
  THE	
  TARGET	
  MARKET.	
  	
  
o A	
  majority,	
  over	
  half,	
  of	
  respondents	
  indicated	
  that	
  they	
  did	
  not	
  know	
  the	
  location	
  of	
  
Woody’s.	
  This	
  was	
  a	
  problem	
  related	
  to	
  the	
  street	
  visibility	
  of	
  the	
  Woody's	
  store.	
  Given	
  
the	
  location,	
  most	
  Mizzou	
  students	
  should	
  be	
  familiar	
  with	
  the	
  location	
  of	
  Woody's;	
  
however,	
  they	
  were	
  not.	
  	
  
o Regarding	
  the	
  second	
  question	
  of	
  the	
  survey,	
  the	
  most	
  popular	
  response	
  to	
  how	
  
respondents	
  had	
  heard	
  about	
  Woody’s	
  was	
  “being	
  referred	
  to	
  by	
  a	
  friend”.	
  The	
  second	
  
highest	
  response	
  was	
  33%	
  of	
  our	
  respondents	
  indicating	
  that	
  they	
  had	
  “never	
  heard	
  of	
  
Woody's”.	
  The	
  next	
  biggest	
  were	
  social	
  media,	
  followed	
  by	
  seeing	
  it	
  passing	
  by.	
  
	
  
• OBJECTIVE	
  #2:	
  IN	
  WHICH	
  SCENARIOS	
  ARE	
  TARGET	
  CUSTOMERS	
  MOST	
  LIKELY	
  TO	
  SHOP	
  FOR	
  NEW	
  CLOTHING?	
  
o A	
  majority,	
  65%,	
  responded	
  that	
  they	
  are	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing	
  during	
  a	
  
sale.	
  Coming	
  in	
  second	
  at	
  almost	
  12%	
  was	
  change	
  of	
  season.	
  Woody’s	
  prides	
  itself	
  with	
  
having	
  the	
  most	
  up-­‐to-­‐date	
  clothing	
  selection,	
  so	
  it	
  is	
  important	
  that	
  Woody’s	
  continues	
  
this.	
  The	
  other	
  three	
  responses	
  were	
  relatively	
  equal,	
  around	
  8-­‐12%	
  each	
  
	
  
• OBJECTIVE	
  #3:	
  WHAT	
  RETAIL	
  ENVIRONMENT	
  WILL	
  BE	
  THE	
  MOST	
  CONDUCIVE	
  TO	
  CUSTOMER	
  RETENTION?	
  
o This	
  objective	
  was	
  evaluated	
  in	
  two	
  sections.	
  The	
  first	
  section	
  asked	
  respondents	
  to	
  rank	
  
what	
  aspects	
  of	
  a	
  store	
  atmosphere	
  are	
  of	
  most	
  importance	
  to	
  them.	
  Respondents	
  
indicated	
  a	
  strong	
  preference	
  for	
  “Recognizable	
  Brands”	
  as	
  the	
  most	
  important	
  aspect	
  
36
that	
  would	
  attract	
  them	
  to	
  a	
  store.	
  The	
  least	
  important	
  aspect	
  was	
  music.	
  	
  	
  
o Although	
  irrelevant	
  based	
  on	
  the	
  prior	
  finding,	
  when	
  asked,	
  respondents	
  indicated	
  their	
  
preferred	
  music	
  genre	
  to	
  listen	
  to	
  while	
  shopping	
  would	
  be	
  Country	
  (35%)	
  	
  
o The	
  country	
  music	
  preference	
  only	
  accounts	
  for	
  about	
  one	
  third	
  of	
  the	
  total	
  population.	
  
Because	
  of	
  this,	
  it	
  would	
  be	
  beneficial	
  for	
  Woody’s	
  to	
  include	
  other	
  higher	
  rated	
  genres.	
  
Results	
  indicate	
  the	
  next	
  two	
  highest	
  genres	
  were	
  Soft	
  Rock/Indie	
  (20%)	
  and	
  Rock	
  (14%).	
  
	
  
• OBJECTIVE	
  #4:	
  WHAT	
  BRANDS	
  WOULD	
  ATTRACT	
  THE	
  TARGET	
  MARKET?	
  	
  
o With	
  respondents	
  indicating	
  in	
  the	
  prior	
  objective	
  that	
  having	
  recognizable	
  brands	
  is	
  the	
  
most	
  important	
  aspect	
  to	
  them	
  when	
  it	
  comes	
  to	
  patronizing	
  a	
  store,	
  Woody’s	
  has	
  an	
  
opportunity	
  to	
  increase	
  its	
  product	
  mix	
  by	
  carrying	
  more	
  popular	
  brands.	
  Respondents	
  
identified	
  four	
  brands	
  that	
  they	
  would	
  like	
  to	
  see	
  available	
  at	
  Woody’s:	
  Vineyard	
  Vines,	
  
Southern	
  Tide,	
  Sperry,	
  and	
  Patagonia.	
  Each	
  were	
  desired	
  by	
  at	
  least	
  67%	
  of	
  all	
  
respondents.	
  
	
  
• OBJECTIVE	
  #5:	
  DEFINE	
  THE	
  AVERAGE	
  WOODY’S	
  TARGET	
  CONSUMER.	
  
o To	
  define	
  the	
  average	
  Woody’s	
  customer,	
  the	
  survey	
  collected	
  information	
  on	
  average	
  
clothing	
  size	
  as	
  well	
  as	
  age.	
  The	
  average	
  age	
  of	
  the	
  target	
  consumer	
  was	
  21	
  years	
  old.	
  
The	
  results	
  also	
  showed	
  an	
  equal	
  distribution	
  of	
  under-­‐21	
  respondents,	
  as	
  there	
  were	
  
21	
  and	
  older.	
  Excluding	
  the	
  “other”	
  respondents,	
  80%	
  of	
  respondents	
  were	
  between	
  the	
  
ages	
  of	
  19-­‐21.	
  This	
  information	
  is	
  significant	
  because	
  this	
  is	
  the	
  age	
  group	
  that	
  Woody’s	
  
would	
  like	
  to	
  target.	
  
37
• OBJECTIVE	
  #6:	
  WHAT	
  ARE	
  THE	
  MEDIA	
  USAGE	
  PATTERNS	
  OF	
  THOSE	
  WHO	
  WOULD	
  PATRONIZE	
  THE	
  STORE?	
  
o This	
  objective	
  was	
  evaluated	
  by	
  asking	
  respondents	
  what	
  source	
  of	
  social	
  media	
  they	
  
used	
  most	
  often.	
  The	
  results	
  showed	
  53%	
  of	
  the	
  population	
  uses	
  Twitter	
  and	
  41%	
  uses	
  
Facebook.	
  This	
  left	
  just	
  7%	
  between	
  Instagram,	
  Youtube,	
  Pinterest,	
  and	
  all	
  other	
  forms	
  
of	
  social	
  media.	
  These	
  results	
  show	
  that	
  Woody’s	
  should	
  be	
  relying	
  most	
  of	
  its	
  
information	
  to	
  its	
  targeted	
  market	
  on	
  Twitter	
  and	
  Facebook.	
  Woody’s	
  website	
  gives	
  
online	
  customers	
  the	
  option	
  to	
  pin	
  their	
  clothing	
  on	
  Pinterest	
  or	
  view	
  pictures	
  on	
  
Instagram.	
  However,	
  the	
  results	
  showed	
  Woody’s	
  should	
  be	
  giving	
  little	
  to	
  no	
  social	
  
media	
  presence	
  on	
  Instagram	
  and	
  Pinterest.	
  
	
  
• OBJECTIVE	
  #7:	
  WHAT	
  IS	
  THE	
  RELATIONSHIP	
  BETWEEN	
  SOCIAL	
  MEDIA	
  USAGE	
  AND	
  PREFERENCE	
  FOR	
  
PATRONIZING	
  THE	
  STORE?	
  
o Facebook	
  users	
  prefer	
  sales	
  promotions	
  and	
  changing	
  seasonal	
  clothing	
  as	
  the	
  most	
  
effective	
  ways	
  to	
  get	
  them	
  into	
  the	
  store.	
  Twitter	
  users	
  are	
  more	
  apt	
  to	
  shop	
  when	
  they	
  
see	
  sales	
  promotions	
  as	
  well	
  as	
  when	
  	
  
	
  
38
RECOMMENDATIONS	
  	
  
After	
  meeting	
  with	
  Woody’s,	
  conducting	
  a	
  survey	
  to	
  its	
  target	
  market,	
  and	
  analyzing	
  the	
  data,	
  
the	
  group	
  suggested	
  a	
  variety	
  of	
  recommendations	
  for	
  the	
  clothing	
  store.	
  The	
  group’s	
  
recommendations	
  include:	
  
1. Generate	
  higher	
  awareness	
  of	
  brand	
  &	
  shop	
  location	
  
• On-­‐campus	
  promotional	
  events	
  (with	
  a	
  map	
  located	
  on	
  coupons/pamphlets)	
  
• Creating	
  a	
  “slogan”	
  to	
  help	
  clarify	
  its	
  brand	
  image	
  
• More	
  consistency	
  with	
  vision	
  
Summary	
  
For	
  Woody’s	
  to	
  generate	
  higher	
  awareness	
  of	
  brand	
  and	
  shop	
  location	
  it	
  should	
  have	
  more	
  
on-­‐campus	
  promotional	
  events.	
  Since,	
  its	
  target	
  market	
  is	
  primarily	
  young	
  professionals	
  and	
  
college-­‐aged	
  men,	
  having	
  more	
  on-­‐campus	
  promotional	
  events	
  will	
  generate	
  a	
  higher	
  
awareness.	
  Based	
  on	
  the	
  survey,	
  56%	
  of	
  respondents	
  did	
  not	
  know	
  the	
  location	
  of	
  Woody’s.	
  
The	
  group	
  recommends	
  in	
  addition	
  to	
  having	
  promotional	
  events,	
  to	
  also	
  include	
  a	
  map	
  of	
  
Woody’s	
  location	
  or	
  the	
  address	
  of	
  the	
  store.	
  	
  
	
   Also,	
  Woody’s	
  is	
  inconsistent	
  with	
  its	
  vision.	
  Having	
  a	
  “slogan”	
  that	
  could	
  be	
  posted	
  on	
  
its	
  website,	
  social	
  media	
  sites,	
  and	
  even	
  on	
  paper	
  copy	
  items	
  would	
  clarify	
  its	
  brand	
  image.	
  
Many	
  people	
  are	
  not	
  aware	
  that	
  Woody’s	
  targets	
  the	
  younger	
  male	
  population,	
  so	
  having	
  a	
  
slogan	
  or	
  phrase	
  to	
  define	
  its	
  clothing	
  items,	
  such	
  as	
  “upscale	
  casual	
  clothing”	
  would	
  generate	
  
awareness	
  and	
  clarify	
  customers	
  who	
  may	
  be	
  confused	
  about	
  what	
  the	
  store	
  has	
  to	
  offer.	
  	
  
39
RECOMMENDATIONS	
  	
  
2. Customize	
  store	
  environment	
  
• Purchase	
  clothing	
  sizes	
  based	
  on	
  average	
  customer	
  size	
  form	
  the	
  survey	
  
• Add	
  Southern	
  Tide,	
  Vineyard	
  Vines,	
  Sperry,	
  and	
  Patagonia	
  products	
  to	
  store	
  
• Add	
  country	
  music	
  (34%	
  compared	
  to	
  #2	
  Indie	
  at	
  20%)	
  
Summary	
  
To	
  create	
  a	
  more	
  customized	
  store	
  environment,	
  Woody’s	
  should	
  use	
  the	
  survey	
  results	
  to	
  
purchase	
  clothing	
  sizes	
  that	
  represent	
  the	
  average	
  customer	
  size.	
  Based	
  on	
  the	
  survey,	
  most	
  
males	
  wear	
  a	
  size	
  large	
  and	
  following	
  close	
  after	
  is	
  a	
  size	
  medium.	
  This	
  information	
  is	
  
important,	
  because	
  Woody’s	
  can	
  purchase	
  clothing	
  sizes	
  based	
  on	
  the	
  average	
  customer	
  size	
  
and	
  decrease	
  the	
  risk	
  of	
  running	
  out	
  of	
  stock	
  on	
  certain	
  sizes.	
  	
  
Another	
  suggestion	
  is	
  for	
  Woody’s	
  to	
  broaden	
  its	
  brand	
  selection.	
  Many	
  of	
  its	
  
competitors	
  sell	
  brands	
  such	
  as	
  Sperry,	
  Vineyard	
  Vines,	
  and	
  a	
  variety	
  of	
  others	
  and	
  if	
  Woody’s	
  
were	
  to	
  offer	
  all	
  of	
  these	
  brands	
  in	
  one	
  location,	
  it	
  would	
  give	
  the	
  store	
  a	
  competitive	
  edge.	
  
80%	
  of	
  respondents	
  indicated	
  they	
  would	
  like	
  to	
  see	
  Woody’s	
  carry	
  Vineyard	
  Vines.	
  That	
  being	
  
said,	
  if	
  Woody’s	
  had	
  those	
  brands,	
  they	
  would	
  become	
  even	
  more	
  attractive	
  to	
  their	
  target.	
  	
  	
  
Lastly,	
  Woody’s	
  Gentlemen’s	
  Clothiers	
  should	
  add	
  country	
  music	
  to	
  its	
  soundtrack.	
  34%	
  
of	
  respondents	
  said	
  that	
  the	
  type	
  of	
  music	
  they	
  enjoy	
  most	
  while	
  shopping	
  was	
  country	
  music.	
  
This	
  is	
  yet	
  another	
  small	
  way	
  for	
  Woody’s	
  to	
  customize	
  the	
  customers’	
  shopping	
  experience.	
  	
  
	
  
	
   	
  
40
RECOMMENDATIONS	
  	
   	
   	
   	
   	
  	
   	
  	
  	
  	
  	
  	
  	
  
3. Attract	
  more	
  customers	
  &	
  increase	
  sales	
  
• Partnership	
  with	
  local	
  established	
  businesses	
  (ex:	
  Grand	
  Opening	
  event)	
  
Summary	
  
For	
  Woody’s	
  grand	
  opening	
  in	
  January,	
  it	
  partnered	
  with	
  Harpo’s	
  Bar	
  and	
  Grill.	
  Customers	
  
could	
  shop	
  at	
  Woody’s	
  while	
  drinking	
  beer	
  from	
  Harpo’s.	
  This	
  is	
  an	
  effective	
  marketing	
  
technique	
  to	
  attract	
  Woody’s	
  target	
  market	
  since	
  the	
  survey	
  showed	
  that	
  the	
  average	
  age	
  is	
  21.	
  
The	
  grand	
  opening	
  was	
  a	
  huge	
  success	
  and	
  Woody’s	
  should	
  implement	
  more	
  partnerships	
  with	
  
local	
  bars	
  for	
  on-­‐campus	
  promotional	
  events	
  or	
  in-­‐store	
  sales.	
  	
  
4. Broadcast	
  certain	
  events	
  based	
  on	
  social	
  media	
  preference	
  
• Focus	
  primarily	
  on	
  Facebook	
  and	
  Twitter	
  to	
  reach	
  target	
  audience	
  
• Reassess	
  how	
  Instagram	
  should	
  be	
  part	
  of	
  its	
  online	
  and	
  social	
  media	
  presence	
  
Summary	
  
Based	
  on	
  the	
  survey,	
  most	
  respondents	
  use	
  Facebook	
  (41%)	
  and	
  Twitter	
  (53%)	
  as	
  their	
  
main	
  form	
  of	
  social	
  media	
  engagement.	
  Woody’s	
  should	
  focus	
  primarily	
  on	
  these	
  two	
  social	
  
media	
  sites	
  to	
  reach	
  its	
  target	
  market,	
  leading	
  into	
  the	
  second	
  recommendation.	
  	
  
With	
  the	
  knowledge	
  that	
  Woody’s	
  has	
  more	
  followers	
  on	
  Instagram	
  than	
  either	
  Twitter	
  
or	
  Facebook,	
  Woody’s	
  should	
  reevaluate	
  how	
  they	
  use	
  Instagram	
  in	
  conjunction	
  with	
  Facebook	
  
or	
  Twitter.	
  Linking	
  pictures	
  from	
  their	
  Instagram	
  to	
  its	
  Facebook	
  profile	
  may	
  be	
  able	
  to	
  utilize	
  
both	
  sites	
  effectively.	
  With	
  Twitter,	
  using	
  its	
  native	
  TwitPic	
  as	
  opposed	
  to	
  Instagram	
  may	
  prove	
  
more	
  successful	
  at	
  increasing	
  “clicks”.
41
APPENDIX:	
  COPY	
  OF	
  QUESTIONNAIRE	
  
	
   	
  
42
APPENDIX:	
  COPY	
  OF	
  QUESTIONNAIRE	
  
	
  
43
APPENDIX:	
  COPY	
  OF	
  QUESTIONNAIRE	
  
	
  
44
APPENDIX:	
  RESEARCH	
  OBJECTIVES	
  SUMMARY	
  
Research	
  	
  
Objective	
  
Questionnaire	
  	
  
Question	
  
#1:	
  Determine	
  the	
  visibility	
  of	
  Woody’s	
  among	
  the	
  
target	
  market	
  	
  
#1:	
  Do	
  you	
  know	
  the	
  location	
  of	
  Woody's	
  store?	
  
#1:	
  Determine	
  the	
  visibility	
  of	
  Woody’s	
  among	
  the	
  
target	
  market	
  	
  
#2:	
  How	
  did	
  you	
  hear	
  about	
  Woody’s?	
  
#2:	
  In	
  which	
  scenarios	
  are	
  target	
  customers	
  most	
  
likely	
  to	
  shop	
  for	
  new	
  clothing?	
  
#3:	
  in	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  
new	
  clothing?	
  	
  
#3:	
  What	
  retail	
  environment	
  is	
  going	
  to	
  be	
  most	
  
conductive	
  to	
  customer	
  retention?	
  
#4:	
  Rank	
  which	
  aspects	
  of	
  store	
  atmosphere	
  
contribute	
  most	
  to	
  a	
  pleasant	
  shopping	
  experience?	
  
#3:	
  What	
  retail	
  environment	
  is	
  going	
  to	
  be	
  most	
  
conductive	
  to	
  customer	
  retention?	
  
	
  #5:	
  Which	
  genre	
  of	
  music	
  do	
  you	
  prefer	
  while	
  
shopping?	
  
#4:	
  What	
  brands	
  would	
  attract	
  the	
  target	
  market?	
   #6:	
  Which	
  brands	
  would	
  you	
  like	
  to	
  see	
  available	
  at	
  
Woody’s?	
  
#5:	
  Define	
  the	
  average	
  Woody’s	
  target	
  consumer	
  	
   #7:	
  What	
  is	
  your	
  average	
  shirt	
  size?	
  
#5:	
  Define	
  the	
  average	
  Woody’s	
  target	
  consumer	
  	
   #8:	
  What	
  is	
  your	
  average	
  pant	
  size?	
  
#5:	
  Define	
  the	
  average	
  Woody’s	
  target	
  consumer	
  	
   #10:	
  What	
  is	
  your	
  age?	
  
#6:	
  What	
  are	
  the	
  media	
  usage	
  patterns	
  of	
  those	
  who	
  
would	
  patronize	
  the	
  clothing	
  store?	
  
#11:	
  What	
  source	
  of	
  social	
  media	
  do	
  you	
  use	
  the	
  
most?	
  
#7:	
  What	
  is	
  the	
  relationship	
  between	
  social	
  media	
  
usage	
  and	
  preference	
  for	
  patronizing	
  the	
  store?	
  	
  
#3,	
  #11	
  
45
APPENDIX:	
  SPSS	
  OUTPUT	
  	
  	
   	
   	
   	
   	
  	
  	
  	
  PAGE	
  1	
  
Research	
  Objective	
  #1,	
  Question	
  #2	
  
How did you hear about Woody's Gentlemen's Clothiers?
Mean Mean With 95% confidence
1. Referred by a friend 43.60% 34%-53.2%
2. Walked by 5.90% 1.3%-10.5%
3. Social media 14.90% 7.9%-21.8%
4. I have never heard of Woody's 32.70% 23.5%-41.8%
5. other 3% 0-6.33%
	
  
Research	
  Objective	
  #2,	
  Question	
  #3	
  
In which situation are you most
likely to shop for new clothing?
Select one. Frequency Percent
Valid
Percent
Cumulative
Percent
During a sale or promotion 66 65.3 65.3 65.3
When I have received a discount
coupon
8 7.9 7.9 73.3
Change of season 12 11.9 11.9 85.1
For an upcoming event 11 10.9 10.9 96.0
Other 4 4.0 4.0 100.0
Total 101 100.0 100.0
Research	
  Objective	
  #1,	
  Question	
  #1
Do you know the location of Woody's in Columbia?
Frequency Percent Valid Percent Cumulative Percent Population
parameter with
95% confidence
Yes 44 43.6 43.6 43.6 33.93-52.27%
No 57 56.4 56.4 100.0 46.44-66.36%
46
APPENDIX:	
  SPSS	
  OUTPUT	
  	
  	
   	
   	
   	
   	
  	
  	
  	
  PAGE	
  2	
  
Research	
  Objective	
  #3,	
  Question	
  #4:	
  	
  
Ranked order of store aspects that contribute most to a pleasant shopping experience
We took the sum of all responses to calculate rank order.
Lower sums = higher priority during shopping experience
Recognizable
brands
Store
Layout/Décor
Friendly
Staff
Knowledgeable
Staff
Music
361 489 530 630 855
#1 rank #2 rank #3 rank #4 rank #5 rank
Research	
  Objective	
  #3,	
  Question	
  #5	
  
What genre of music do you prefer most while
shopping in-store? Top 5 Responses
Percent Valid Percent Cumulative Percent
Population
parameter
95% confidence
Country 34.7 34.7 34.7 25.4%-44%
Soft Rock/Indie 19.8 19.8 91.1 12%-28%
Rock 13.9 13.9 59.4 7.1%-20.6%
Hip Hop/Rap 11.9 11.9 71.3 8.7%-15%
Pop 10.9 10.9 45.5 7.8%-14%
100.0 100.0
Research	
  Objective	
  #4,	
  Question	
  #6
“Which brands would you like to see available at Woody’s?”
Accepted
80% Vineyard Vines
76% Southern Tide
70% Sperry
67% Patagonia
Rejected
45% Southern Proper
27% Maui Jim
15% Fayettechill
10% Ray Ban
13% Other (5% Costa Del Mar, 8% Other)
47
APPENDIX:	
  SPSS	
  OUTPUT	
  	
  	
   	
   	
   	
   	
  	
  	
  	
  PAGE	
  3	
  
Research	
  Objective	
  #5,	
  Question	
  #7,	
  #8	
  
What is your average shirt size?
Size Frequency Percent Valid Percent Cumulative Percent
Small 4 4.0 4.0 4.0
Medium 35 34.7 34.7 38.6
Large 44 43.6 43.6 82.2
XL 17 16.8 16.8 99.0
XXL 1 1.0 1.0 100.0
Total 101 100.0 100.0
What is your average shirt size? Means with 95% confidence
#1 Large- 34% - 53.3%
#2 Medium- 25.4% - 44%
#3 X-Large- 9.5% - 24%
#4 Small- .02% - 7.8%
#5 XXL: 0% - 2.03%
Research	
  Objective	
  #5,	
  Question	
  #7,	
  #8	
  
One-Sample Statistics
N Mean
Std.
Deviation
Std. Error
Mean
What is your average shirt size? 101 2.76 .814 .081
What is your average pants size?-Pants
length
101 32.4653 1.78642 .17776
What is your average pants size?-Pants
waist
101 33.3861 2.61140 .25984
#8 What is your average pant size: average pant length: 32-33, average waist: 33-34
Research Objective: Define the average
Woody’s target consumer
95% Confidence Interval of the
Difference
Lower Upper
What is your average pants size? -Pants length
What is your average pants size? -Pants waist
32.1127
32.8706
32.8180
33.9017
48
APPENDIX:	
  SPSS	
  OUTPUT	
  	
  	
   	
   	
   	
   	
  	
  	
  	
  PAGE	
  4	
  
Research	
  Objective	
  #5,	
  Question	
  #7,	
  #8	
  
What is your average pants size? Pants waist
Valid Frequency Percent Valid Percent Cumulative Percent
28.00 2 2.0 2.0 2.0
29.00 3 3.0 3.0 5.0
30.00 4 4.0 4.0 8.9
31.00 7 6.9 6.9 15.8
32.00 28 27.7 27.7 43.6
33.00 14 13.9 13.9 57.4
34.00 20 19.8 19.8 77.2
35.00 3 3.0 3.0 80.2
36.00 10 9.9 9.9 90.1
37.00 1 1.0 1.0 91.1
38.00 6 5.9 5.9 97.0
40.00 2 2.0 2.0 99.0
44.00 1 1.0 1.0 100.0
Research	
  Objective	
  #5,	
  Question	
  #7,	
  #8	
  
What is your average pants size? Pants length
Valid Frequency Percent Valid Percent Cumulative Percent
28.00 1 1.0 1.0 1.0
29.00 2 2.0 2.0 3.0
30.00 10 9.9 9.9 12.9
31.00 12 11.9 11.9 24.8
32.00 36 35.6 35.6 60.4
33.00 9 8.9 8.9 69.3
34.00 23 22.8 22.8 92.1
35.00 2 2.0 2.0 94.1
36.00 4 4.0 4.0 98.0
38.00 2 2.0 2.0 100.0
Total 101 100.0 100.0
49
APPENDIX:	
  SPSS	
  OUTPUT	
  	
  	
   	
   	
   	
   	
  	
  	
  	
  PAGE	
  5	
  
Research	
  Objective	
  #5,	
  Question	
  #10:	
  
	
  	
  	
  	
  “What is your age?”	
  
Age Quantity % of total
18 years 2 1.98%
19 years 25 24.75%
20 years 23 22.77%
21 years 33 32.67%
22 years 14 13.86%
23 years 2 1.98%
25 years 1 0.99%
29 years 1 0.99%
TOTALS 101 100%
Avg = 21.00
Research	
  Objective	
  #6,	
  Question	
  #11	
  
What source of social media do you use the most? Select one.
Percent Valid Percent
Cumulative
Percent
With 95%
confidence
Facebook 40.6 40.6 40.6 31-51.2%
Twitter 53.5 53.5 94.1 43.8-63%
Instagram 3.0 3.0 97.0 dnm
Youtube 1.0 1.0 98.0 dnm
Other 2.0 2.0 100.0 dnm
100.0 100.0
Research	
  Objective	
  #7,	
  Questions	
  #3	
  and	
  #11	
  
In	
  which	
  situation	
  are	
  you	
  most	
  likely	
  to	
  shop	
  for	
  new	
  clothing?	
  	
  
Source:	
  Facebook	
  Users;	
  n=41	
  
Scenario	
   #	
   Avg	
  %	
  
Population	
  parameter	
  
(95%	
  Confidence)	
  
During	
  a	
  sale	
  or	
  promotion	
   27	
   66%	
   51.3-­‐80.4%	
  
Change	
  of	
  season	
   7	
   17%	
   5.5-­‐28.6%	
  
When	
  I	
  have	
  received	
  a	
  
discount	
  coupon	
  
2	
   5%	
  
0-­‐11.5%	
  
	
  
For	
  an	
  upcoming	
  event	
   2	
   5%	
   0-­‐11.5%	
  
Other	
   3	
   7%	
   0-­‐15.3%	
  
MRL Woodys Final PDF

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MRL Woodys Final PDF

  • 1. Woody’s Gentlemen’s Clothiers Marketing Research Live: Group 4 Tim Chung, Megan Grable, Jimmy Michaels, Paige Spinner, Devon Whitlock Spring 2014
  • 2. 2 TABLE  OF  CONTENTS   I.      LIST  OF  ILLUSTRATIONS  ...............................................................................................................................  3   II.  MANAGERIAL  SUMMARY  ..............................................................................................................................  4   III.  BACKGROUND  AND  OBJECTIVES   RESEARCH  BACKGROUND  ..........................................................................................................................................  6   RESEARCH  PROBLEM  AND  LIST  OF  OBJECTIVES  .....................................................................................................  7   SECONDARY  DATA  .......................................................................................................................................................  8   IV.  METHODS  USED  TO  OBTAIN  INFORMATION   DESCRIPTION  OF  QUESTIONNAIRE  ...........................................................................................................................  9   DATA  COLLECTION  METHOD  ..................................................................................................................................  10   DESCRIPTION  OF  SAMPLE  .......................................................................................................................................  11   V.  SURVEY  RESULTS     OBJECTIVE  ONE:  DETERMINE  THE  VISIBILITY  .....................................................................................................  12   OBJECTIVE  TWO:  MOST  LIKELY  TO  SHOP  FOR  CLOTHING  ..................................................................................  15   OBJECTIVE  THREE:  RETAIL  ENVIRONMENT  .........................................................................................................  16   OBJECTIVE  FOUR:  BRANDS  ......................................................................................................................................  19   OBJECTIVE  FIVE:  AVERAGE  WOODY’S  CUSTOMER    ..............................................................................................  22   OBJECTIVE  SIX:  MEDIA  USAGE  PATTERNS  ............................................................................................................  25   OBJECTIVE  SEVEN:  SOCIAL  MEDIA  AND  PATRONIZATION  ..................................................................................  27   VI.  LIMITATIONS,  SUMMARY  AND  RECOMMENDATIONS   MAJOR  LIMITATIONS  OVERVIEW    ...........................................................................................................................  33   KEY  FINDINGS  SUMMARY  ........................................................................................................................................  35   RECOMMENDATIONS  ...............................................................................................................................................  38   VII.  APPENDIX   COPY  OF  THE  QUESTIONNAIRE  ...............................................................................................................................  41   RESEARCH  OBJECTIVES  SUMMARY  ........................................................................................................................  44   SPSS  DATA  OUTPUT  ..................................................................................................................................................  45
  • 3. 3 LIST  OF  ILLUSTRATIONS   Figure  1.1:  Location  Visibility,  Pie  Chart  ..........................................................................................    12   Figure  1.2:  Location  Visibility  2,  Pie  Chart  .......................................................................................    14   Figure  2.1:  Shopping  Likelihood,  Pie  Chart    ....................................................................................    15     Table  3.1:  Attractive  Store  Qualities,  Ordered  Rank  ...................................................................    16     Table  3.2:  Preferred  Music,  Frequency  Distribution  ...................................................................    17     Figure  3.3:  Music  Genre  Preference  While  Shopping,  Pie  Chart  .............................................    18     Figure  4.1:  Brand  Desirability  Percentiles,  Bar  Graph    ..............................................................    20     Table  4.2:  Qualifying  “Desirable”  Brands    ........................................................................................    20     Figure  5.1:  Average  Shirt  Size,  Bar  Graph    .......................................................................................    22     Figure  5.2A:  Average  Pants  Size:  Length,  Bar  Graph    ..................................................................    23     Figure  5.2B:  Average  Pants  Size:  Width,  Bar  Graph    ...................................................................    23   Figure  5.3:  Respondent  Age  Distribution,  Pie  Chart    ...................................................................    24   Figure  6.1:  Social  Media  Usage,  Pie  Chart    .......................................................................................    25   Figure  6.2:  Social  Media  Preference  of  Respondents    .................................................................    26   Table  7.1:  Comparing  Social  Media  Preferences  and  Scenarios  to  Shop    ...........................    27   Table  7.2:  Situational  Preferences  –  Facebook  vs.  Twitter,  Bar  Graph    ..............................    28   Table  7.3:  Facebook  User  Preferences,  Population  Parameter    .............................................    30   Figure  7.4:  Twitter  vs.  Facebook  –  Situational  Preferences,  Pie  Charts    .............................    30   Table  7.5:  Twitter  User  Preferences,  Population  Parameter    ..................................................    31      
  • 4. 4 MANAGERIAL  SUMMARY   Methods  Used  to  Obtain  Information   This  section  begins  by  introducing  the  questionnaire  (an  exact  copy  of  the  survey  can  be  found   in  the  Appendix)  and  will  explain  the  design  of  the  survey  along  with  its  general  focus.  The   survey  was  strictly  administered  online  with  ten  close-­‐ended  questions.  The  focus  of  the  survey   was  not  to  find  out  demographic  variables  of  the  target  market,  since  that  is  already  well   understood.  However,  the  focus  was  aimed  at  finding  out  different  trends  and  preferences   among  the  target  market.       Additionally,  this  section  also  goes  into  the  data  collection  methods  and  description  of  the   sample.  The  survey  was  created  using  Qualtrics,  an  online  data  collection  software.  The  sample   size  was  101  male  respondents  who  are  students  at  the  University  of  Missouri.  These  screening   variables  made  the  sample  more  representative  of  Woody's  actual  target  customer,  thus   making  the  findings  more  applicable.  After  the  survey  was  administered,  the  findings  were   compiled  and  exported  to  IBM's  SPSS  software  in  order  to  analyze  the  findings.       Background  and  Objectives   This  section  starts  by  identifying  the  background  of  the  store.  It  explains  when  it  opened,  the   current  location  at  which  it  resides,  and  some  of  the  problems  the  store  is  experiencing.  This   section  also  contains  the  purpose  for  conducting  the  study,  and  how  the  research  will  be   implemented  to  help  generate  more  awareness  and  visibility  for  the  store.         In  addition,  this  section  explains  the  research  problem  the  store  is  experiencing,  as  well  as  the   research  objectives  to  solve  the  problem.  Each  research  objective  is  listed  in  the  order  that  is  to   be  explained  in  the  report.  Along  with  the  research  objectives  the  secondary  data  that  was  used   in  the  research  is  also  listed,  such  as  the  student  population  of  the  university  and  the  male   population  of  Mizzou.       Survey  Results   This  section,  from  page  13-­‐29,  is  the  collective  group  research  objective  analyses  that  are  all   based  on  survey  response  data.  The  findings  for  each  of  the  objectives  can  be  found  in  the  Key   Findings  Summary  section.     Objective  One:  Determining  the  visibility  of  Woody's  among  its  target  market   The  aim  of  this  objective  was  to  get  a  general  idea  of  how  prevalent  the  Woody's  store  name  is   among  the  college  campus.  How  many  people  know  where  Woody's  is  located  and  how  many   people  have  even  heard  of  Woody's?  These  are  the  questions  used  to  determine  the  visibility.       Objective  Two:  Determine  when  target  customers  are  most  likely  to  shop  for  new  clothing    The  aim  of  this  objective  was  to  determine  which  scenarios  target  customers  are  most  likely  to   shop  for  new  clothing.  Woody’s  wanted  to  know  if  customers  are  more  likely  to  shop  during  a   sale,  change  of  season,  for  an  upcoming  event  or  after  receiving  a  discount  coupon.  
  • 5. 5   Objective  Three:  What  retail  environment  will  be  the  most  conducive  to  customer  retention?   The  goal  of  this  objective  was  to  identify  what  environmental  factors  of  Woody’s  will  attract  the   most  foot  traffic.  Participants  of  the  survey  were  asked  to  rank  what  aspects  of  a  store   atmosphere  are  of  the  highest  importance  to  them.  With  one  of  the  aspect  options  being   music,  respondents  were  then  asked  what  genre  of  music  they  preferred  most  while  shopping.     Objective  Four:  Determining  what  brands  would  attract  customers   This  objective  was  aimed  at  asking  customers  to  select  brands  from  a  given  list  of  responses,   indicating  if  they  would  desire  Woody’s  to  carry  that  brand  in  the  store.  This  ignored  brands   Woody’s  already  had,  in  order  to  look  at  new  opportunities  for  adding  to  the  product  mix.         Objective  Five:  Defining  the  average  Woody’s  target  consumer    The  purpose  of  this  objective  was  to  determine  the  average  customer  so  that  Woody’s  can   better  tailor  their  products  and  inventory  to  the  desires  of  their  target  market.  It  asked   questions  in  regard  to  age  and  clothing  size.       Objective  Six:  Determining  the  media  usage  patterns  of  those  who  would  patronize  the   clothing  store:  The  purpose  for  this  objective  was  to  identify  what  types  of  social  media   Woody’s  should  utilize  the  most  in  order  to  attract  the  most  customers.  Information  collected   was  customers’  preferred  form  of  social  media.       Objective  Seven:  Determining  the  relationship  between  social  media  preference  and   shopping  preferences:  The  primary  goal  of  this  objective  was  to  see  if  there  were  differences  between   respondent’s  reaction  to  factors  that  would  entice  them  to  go  shopping,  grouping  respondents  by   preferred  social  media  sites.  This  information  can  be  used  to  aim  its  social  media  marketing  and  posts  at   the  most  effective  and  appropriate  platform.       Major  Limitations  This  section  simply  serves  as  a  disclaimer  that  explains  what  constraints  the   group  faced  while  conducting  and  analyzing  the  studies.  In  summary,  the  biggest  limitations   were  time,  money,  and  inexperience.       Key  Findings  Summary   This  section  outlines  our  main  takeaways,  in  bullet  form,  of  the  data  that  we  collected  through   SPSS  and  our  own  analysis.  This  is  the  main  summary  of  what  we  discovered  and  deduced.     Recommendations   This  section  provides  numerous  suggestions  to  generate  higher  awareness  of  brand  and  shop   location,  customize  store  environment,  attract  more  customers  and  increase  sales,  and  improve   social  media  engagement.  These  are  all  based  off  of  our  research  findings  from  the  report.       Research  Objectives  Summary   Following  the  copy  of  the  questionnaire  is  a  table  that  outlines  which  questions  corresponded   to  the  proper  research  objective.  
  • 6. 6 RESEARCH  BACKGROUND   Company  Overview: Sponsor:  Woody’s  Gentlemen’s  Clothiers,  GM  Alex  Weishaar   Woody’s  Gentlemen’s  Clothiers  is  one  of  the  newest  retail  stores  to  open  in  downtown   Columbia,  opening  just  fourth  months  ago  in  late  January.  The  current  location  of  the  store  is   on  9th  Street  and  Cherry,  one  of  the  most  trafficked  places  in  the  downtown  area.  This  location   should  be  a  prime  location  for  foot  traffic  and  visibility  among  Columbia’s  local  population.   However,  since  Woody’s  is  such  a  new  store,  one  of  the  biggest  problems  it  faces  is  visibility   and  awareness  among  the  target  market.  The  purpose  of  the  study  being  conducted  was  to   gain  demographic  information  and  personal  preferences  of  customers  so  that  Woody’s  can   tailor  their  product  offerings  and  store  environment  to  what  customers  feel  they  can  relate  to   and  desire  the  most.     Through  information  gathered  in  the  survey,  Woody’s  will  implement  marketing   techniques  to  enhance  sales  and  visibility  of  the  store.  The  study  was  conducted  by  MRL  Group   Four  to  provide  Woody’s  with  preferences,  tendencies,  and  demographic  information  regarding   its  desired  target  market.        
  • 7. 7 RESEARCH  PROBLEM  &  OBJECTIVES   Research  Problem: “How  can  Woody’s  Clothiers  brand  its  company  image  to  attract  its  desired  target   market  as  an  ‘upscale  casual’  clothing  retailer  in  Columbia,  Missouri?”   Research  Objectives:   1. Determine  the  visibility  of  Woody’s  among  the  target  market.   2. In  which  scenarios  are  target  customers  most  likely  to  shop  for  new  clothing?   3. What  retail  environment  will  be  the  most  conducive  to  customer  retention?   4. What  brands  would  attract  the  target  market?   5. Define  the  average  Woody’s  target  consumer.   6. What  are  the  media  usage  patterns  of  those  who  would  patronize  the  clothing   store?   7. What  is  the  relationship  between  social  media  usage  and  preference  for   patronizing  the  store?        
  • 8. 8 SECONDARY  DATA   Description  of  the  Secondary  Data  Used:   The  secondary  data  used  in  the  research  included  the  general  population  and  the  male   population  of  the  University  of  Missouri.  These  figures  were  needed  in  determining  the  overall   sample  frame  and  population  of  potential  male  customers.  According  to  the  Mizzou   undergraduate  admissions  facts  located  on  the  University  of  Missouri  Admissions  website1 :   • A  total  of  34,658  students  attend  Mizzou1   o Of  the  thirty-­‐four  thousand  students,  16,635  of  them  are  males1   § 48%  of  the  total  Mizzou  population   Notes: 1Mizzou  Undergraduate  Admissions:  Fast  Facts  http://admissions.missouri.edu/mizzou-­‐ life/fast-­‐facts.php  
  • 9. 9 METHODS  USED  TO  OBTAIN   INFORMATION   Description  of  the  Questionnaire:                           All  of  the  formal  data  was  collected  through  an  online  survey  administered  to  101   respondents,  of  which  there  was  a  100%  response  rate  to  each  question.  The  survey  consisted   of  10  closed-­‐ended  questions  with  a  couple  of  options  for  open-­‐ended  answers.  For  example,   when  asked  which  brands  the  respondents  would  like  to  see  in-­‐store,  they  were  given  a  list  to   choose  from  as  well  as  a  box  to  write  in  their  own  answer.  The  overall  aim  of  the  survey  was   not  geared  towards  identifying  demographic  variables,  but  more  about  finding  the  trends  and   preferences  within  the  target  market.  Woody’s  already  has  a  strong  grasp  on  who  the  ideal   customer  is,  so  the  goal  was  to  target  those  individuals  and  simply  learn  more  about  them,  so   that  Woody’s  can  cater  its  products  and  services  accordingly.                                            The  question  topics  range  from  finding  out  whether  the  respondents  know  about   Woody’s,  to  finding  out  favorite  brands,  and  even  average  t-­‐shirt  sizes.  The  construct  of  each   question  was  to  further  the  research  objectives,  which  will  be  detailed  in  the  following  section   labeled  Results.    A  copy  of  the  survey  can  be  found  in  the  Appendix.         The  survey  was  restricted  to  male  University  of  Missouri  students,  because  that  is   essentially  the  majority  of  the  market  Woody’s  is  trying  to  reach.  Woody’s,  an  upscale  clothing   store,  does  not  necessarily  appeal  to  a  large  portion  of  the  population.  It  would  seem   unnecessary  to  assess  the  preferences  of  individuals  who  have  no  interest  in  what  Woody’s  has   to  offer.  Therefore,  students  affiliated  in  Greek  Life  made  up  the  majority  of    
  • 10. 10 the  respondents  in  order  to  obtain  a  more  accurate  view.  Of  course,  there  are  demographic   pockets  outside  of  Greek  Life  that  would  be  interested  in  Woody’s  clothing,  but  this  specific   screening  allowed  for  the  sample  size  to  be  more  representative  of  Woody’s  target  market.  The   sample  size  was  101  males  and  the  population  size  of  all  of  Mizzou’s  males  totals  close  to   17,000.     Qualtrics  online  survey  software  was  used  to  create  and  administer  the  surveys.  This   software  is  one  of  the  most  reputable  and  customer  friendly  data  collection  tools  out  there.   Many  companies  use  Qualtrics  for  market  research,  customer  satisfaction  studies,  employee   evaluations,  etc.  In  order  to  make  sense  of  the  survey  results,  Qualtrics  combines  the  findings   into  an  “SPSS”  file.  Through  IBM’s  SPSS  software,  quantitative  analyses  were  conducted  to  find   out  the  trends  and  patterns  of  the  respondents.  The  following  section  will  go  into  specific  detail   on  the  study’s  findings.     Data  Collection  Method:     All  of  the  formal  data  was  collected  through  an  online  survey  administered  to  101   respondents,  of  which  there  was  a  100%  response  rate  to  each  question.  Qualtrics  online   survey  software  was  used  to  create  and  administer  the  surveys.  This  software  is  one  of  the   most  reputable  and  user  friendly  data  collection  tools  out  there.  Many  companies  use  Qualtrics   for  market  research,  customer  satisfaction  studies,  employee  evaluations,  etc.  In  order  to  make   sense  of  the  survey  results,  Qualtrics  combines  the  findings  into  an  “SPSS”  file.  Through  IBM’s   SPSS  software,  quantitative  analyses  were  conducted  to  find  out  the  trends  and  patterns  of  the   respondents.  The  following  section  will  go  into  specific  detail  on  the  study’s  findings.    
  • 11. 11 Description  of  Sample:     The  survey  was  restricted  to  male  University  of  Missouri  students,  because  that  is   essentially  the  majority  of  the  market  Woody’s  is  trying  to  reach.  Woody’s,  an  upscale  clothing   store,  doesn’t  necessarily  appeal  to  a  large  portion  of  the  population.  It  would  seem   unnecessary  to  assess  the  preferences  of  individuals  who  have  no  interest  in  what  Woody’s  has   to  offer.  Therefore,  students  affiliated  in  Greek  Life  made  up  the  majority  of     the  respondents  in  order  to  obtain  a  more  accurate  view.  Of  course,  there  are  demographic   pockets  outside  of  Greek  Life  that  would  be  interested  in  Woody’s  clothing,  but  this  specific   screening  allowed  for  the  sample  size  to  be  more  representative  of  Woody’s  target  market.  The   sample  size  was  101  males  and  the  population  size  of  Mizzou’s  male  population  totals  close  to   17,000.
  • 12. 12 SURVEY  RESULTS   RESEARCH  OBJECTIVE  #1:   Objective:  Determine  the  visibility  of  Woody’s  among  the  target  market.   Questions:     • (#1)  “Do  you  know  the  location  of  Woody’s  in  Columbia?”   • (#2)  “How  did  you  hear  about  Woody’s  Gentlemen’s  Clothiers?”   The  first  objective  was  intended  to  be  an  overall  gauge  of  how  prominent  or  well  known  the   Woody’s  store  is  among  the  target  demographic  in  Columbia.  Two  questions  within  the  online   survey  were  dedicated  to  gathering  insight  on  this  objective.  The  first  question  pertained  to   how  many  people  knew  the  store’s  location.  It  was  a  simple  yes  or  no  question,  but  the  results   were  surprising.  Figure  1.1  illustrates  the  data:   Fig 1.1: Location Visibility, Pie Chart   Yes   44%  No   56%   Do  you  know  the  location  of  Woody's?    
  • 13. 13 Findings:  Out  of  the  101  respondents,  56%  responded  that  they  did  not  know  where  Woody’s   was  located.  This  number  seemed  much  higher  than  expected,  given  the  current  location  of   the  store  on  9th  Street.  The  odds  are  that  most,  if  not  all  Mizzou  students,  have  passed  by   Woody’s  on  multiple  occasions.   However,  the  percentage  of  students  who  are  not  familiar  with  the  location  shows  that   there  is  a  problem  with  the  visibility  of  the  store  from  the  street  view.  This  was  even  common   among  some  of  the  members  within  the  group;  they  admitted  to  passing  by  the  store  dozens   of  times  but  still  never  knowing  that  it  was  there.   An  obvious  suggestion  to  this  problem  is  to  adjust  and/or  amplify  the  outdoor  signage.   The  location  of  Woody’s  is  probably  one  of  the  largest  strengths  in  drawing  customers  there   because  of  convenience,  yet  that  strength  is  not  being  fully  taken  advantage  of.  One   observation  is  that  the  largest  Woody’s  logo  is  found  on  a  canopy  that  is  only  fully  visible  from   the  other  side  of  the  street.  This  probably  plays  a  large  role  in  the  lack  of  recognition  the  store   is  getting  as  hundreds  of  students  walk  passed  it  but  are  not  remembering  it.    A  more  visible   logo  coupled  with  the  brand  names  sold  in-­‐store,  could  allow  for  more  familiarity  with  the   store  name  and  the  brands  it  associates  with.   The  second  question  asked,  in  regards  to  the  first  objective  (determining  the  visibility),   was  how  did  people  hear  about  Woody’s?      In  relation  to  the  results  of  the  first  question,  only   6%  said  they  had  heard  about  Woody’s  because  they  walked  by  the  store.  Making  the  store   more  recognizable  and  distinguished  from  the  outside  view  could  allow  Woody’s  to  create  a   lot  more  awareness.     Figure  1.2  on  the  next  page  illustrates  the  distribution  of  all  101  responses.  
  • 14. 14 Fig 1.2: Visibility 2, Pie Chart The  most  popular  response,  more  than  doubling  that  of  Social  Media,  was  people  who   were  referred  to  Woody’s  by  a  friend.  Word-­‐of-­‐mouth  is  typically  one  of  the  strongest  forms  of   advertisement  on  a  college  campus.  Within  the  Greek  community,  referrals  and   recommendations  can  be  passed  on  very  quickly  due  to  sheer  numbers  of  patrons  living   together.  Therefore,  incentivizing  referrals  could  be  a  worthwhile  investment  for  both  Woody’s   and  current  Woody’s  shoppers.  A  program  where  both  the  referrer  and  the  referee  are  given   some  kind  of  reward  would  be  relatively  cheap  and  easy  to  administer.  It  could  also  work  in   conjunction  with  a  Woody’s  loyalty  program,  where  reward  points  would  be  added  to  the   customer’s  “account”  for  giving  out  a  Woody’s  coupon  to  a  friend  who  then  used  that   coupon.    With  a  loyalty  program,  customers  will  be  more  enticed  to  make  return  visits  more   frequently,  driving  sales  up.   Referred  by  a   friend,   43.60%   Walked  by,   5.90%   Social  Media,   14.90%   I  have  never   heard  of   Woody's,   32.70%   Other,  3%   How  did  you  hear  about  Woody's?   Referred  by  a  friend   Walked  by   Social  Media   I  have  never  heard  of   Woody's   Other  
  • 15. 15 RESEARCH  OBJECTIVE  #2: Objective:  In  which  scenarios  are  target  customers  most  likely  to  shop  for  new  clothing?   Questions:  (#3)  “In  which  situation  are  you  most  likely  to  shop  for  new  clothing?”   The  goal  of  the  second  research  objective  was  to  determine  which  scenarios  Woody’s   target  customers  are  most  likely  to  shop  for  new  clothing.  This  information  would  be  used  to   determine  the  best  methods  to  market  its  products  to  customers.     Fig 2.1: Shopping Likelihood, Pie Chart               Findings:  Based  on  the  survey  results  in  Figure  2.1,  65%  of  respondents  said  they  are  most  likely   to  shop  during  a  sale,  but  beyond  that,  other  methods  do  not  seem  to  differentiate  themselves   from  one  another  as  far  as  effectiveness.  Upcoming  events,  change  of  season,  and  coupons  all   fall  within  4%  of  each  other  as  far  as  effectiveness,  and  all  at  less  than  a  15%  preference  rate.   This  information  helps  Woody’s  Gentlemen’s  Clothiers  better  understand  its  target  market  and   when  those  customers  are  most  likely  to  shop  for  new  clothing.  With  this  in  mind,  Woody’s  can   now  cater  more  towards  its  target  market  by  executing  promotions  that  draw  in  the  majority  of   its  target  market.   During    a  sale   65%  7.90%   11.90%   10.90%   4%   In  which  scenarios  are  target  customers  most   likely  to  shop  for  new  clothing?   During  a  sale   When  I  receive   discount  coupon   Change  of  season   For  an  upcoming   event   Other  
  • 16. 16 RESEARCH  OBJECTIVE  #3:   Objective:  What  retail  environment  will  be  most  conducive  to  customer  retention?   Questions:     • (#4)  “Please  rank  which  aspects  of  a  store  atmosphere  contribute  most  to  a  pleasant   shopping  experience.  Arrange  from  top  to  bottom  based  on  level  of  importance.”   • (#5)  “What  genre  of  music  do  you  prefer  most  while  shopping  in-­‐store?  Select  one.”     The  goal  of  the  third  objective  was  to  figure  out  what  environmental  factors  of  Woody’s   will  bring  in  the  most  foot  traffic.  The  participants  of  the  survey  were  asked  two  questions   pertaining  to  this  objective.  The  first  question  asked  respondents  to  rank  which  aspects  of  a   store  atmosphere  are  of  highest  importance  to  them.  It  is  important  to  understand  what  kind  of   environment  the  customers  enjoy  most,  so  that  Woody’s  can  cater  its  store’s  appearance  or   atmosphere  to  its  target  market’s  liking.     Table  3.1  illustrates  the  resulting  rankings  by  the  respondents  for  Question  #4.  Of  these   aspects,  those  with  the  lowest  sum  totals  are  of  a  higher  priority  than  others,  because  a  #1   ranking  designates  the  most  preferred  aspect  of  the  store  to  the  respondent.     Table 3.1: Attractive Store Qualities, Ordered Rank Which  aspects  of  a  store  atmosphere  contribute  most  to  a  pleasant  shopping  experience?     Recognizable   brands   Store  Layout/   Décor   Friendly  Staff   Knowledgeable   Staff   Music   361   489   530   630   855   #1   #2   #3   #4   #5  
  • 17. 17 Findings:  The  results  of  this  question  show  “recognizable  brands”,  scoring  the  group  low  of  361,   was  of  greatest  importance  to  customers  when  it  comes  to  influential  store  aspects.  The  least   important  aspect,  scoring  an  855,  was  in-­‐store  music.     These  rankings  show  Woody’s  that  recognizable  brands  should  be  its  most  focused  on   aspect  in  order  to  give  customers  the  most  pleasant  shopping  experience.         While  having  such  a  large  assortment  of  brands  is  valuable,  customers  want  to  see   brands  they  recognize  and  trust,  because  they  have  developed  loyalties  to  these  brands.  In   Objective  #4,  we  will  further  explore  this  important  aspect  for  Woody’s.         The  second  question  of  Objective  #3  focuses  on  what  type  of  music  Woody’s  should  play   in  its  store  to  give  its  customers  a  more  enjoyable  shopping  experience.  Originally,  it  was   hypothesized  that  music  would  be  more  valued  than  the  findings  in  Table  3.1  would  ultimately   show.  Although  this  may  be  the  case,  this  survey  still  collected  our  101  respondents  thoughts   on  what  genres  of  music  they  prefer  most  while  shopping.  Respondents  were  asked  “What   genre  of  music  do  you  prefer  most  while  shopping  in-­‐store?”  and  were  able  to  select  one   response.  Table  3.2  and  Figure  3.3  show  overall  distribution  of  responses  for  this  question.   Table 3.2: Preferred Music Genre, Frequency Distribution What  genre  of  music  do  you  prefer  most  while  shopping  in-­‐store? Genre Percent Preferred Valid Percent Cumulative Percent Population parameter at 95% confidence Country 34.70 34.7 34.7 25.4%-44% Soft Rock/ Indie 19.80 19.8 54.5 12%-28% Rock 13.90 13.9 68.4 7.1%-20.6% Hip Hop/Rap 11.90 11.9 80.3 8.7%-15% Pop 10.90 10.9 91.2 7.8%-14%
  • 18. 18 Fig 3.3: Music Genre Preference While Shopping, Pie Chart   Findings:  The  results  of  this  question  shows  34%  of  respondents  prefer  to  hear  country  music   when  shopping  in-­‐store.  After  conducting  a  95%  confidence  test  for  the  population,  our  analysis   concluded  that  between  25.4%-­‐44%  of  Woody’s  target  population  would  potentially  prefer   country  as  the  genre  of  choice  while  shopping.  The  population  parameters  for  all  genres  can  be   seen  on  the  previous  page  in  Table  3.2.  While  country  was  the  genre  with  the  highest  rate  of   preference,  it  still  only  accounts  for  just  over  one  third  of  the  total  population.  Because  of  this,   it  would  be  beneficial  for  Woody’s  to  include  other  genres  in  the  mix.  The  second  highest   preferred  genre  was  soft  rock/indie,  and  the  third  highest  was  rock.  If  Woody’s  combined  these   three  as  its  main  mix  of  music  in  the  store,  it  would  please  almost  70%  of  the  total  customer   base.  The  least  preferred  music  of  the  given  choices  was  pop,  at  11%.  It  would  be  advisable  to   avoid  playing  this  genre  too  much  because  it  isn’t  as  preferred  as  other  genres  and  may  not  be   as  enjoyable.     Country   34.7%   10.9%   Rock   14%   11.9%   Soft  Rock   20%   2%   6.9%   Genres  of  music  which  customers  enjoy  most   while  shopping   Country   Pop   Rock   Hip  Hop/Rap   Soft  Rock/Indie   No  Music   Other  
  • 19. 19 RESEARCH  OBJECTIVE  #4: Objective:  Which  brands  would  attract  the  target  market?   Question:  (#6)  Which  brands  would  you  like  to  see  available  at  Woody’s?   After  finding  that  having  recognizable  brands  in-­‐store  is  the  single  most  important  factor  for   Woody’s  customers,  it  was  important  for  us  to  find  out  which  brands  customers  prefer.  While   having  a  large  assortment  is  something  Woody’s  touts,  the  group  believed  that  having  brands   that  its  customers  preferred  was  even  more  important.  The  group  wanted  to  ask  a  question   that  was  aimed  at  finding  out  which  brands  Woody’s  should  potentially  add  to  its  product  mix,   in  order  to  attract  more  customers  from  its  target  market.    So,  the  group  asked:  Which  brands   would  you  like  to  see  available  at  Woody’s?  This  question  was  a  simple  description  question,  as   it  was  used  solely  for  finding  a  majority  of  respondents’  preference.  As  for  all  of  the  other   questions,  all  101  people  surveyed  responded.     The  survey  listed  the  following  brands:  Vineyard  Vines,  Southern  Tide,  Patagonia,   Fayettechill,    Sperry  Topsider,    Southern  Proper,  Maui  Jim,  and  Ray  Ban.  The  survey  also   included  the  option  “Other”,  leaving  customers  the  opportunity  to  list  a  brand  they  would  like   to  see  if  it  wasn’t  already  listed.  The  survey  allowed  the  respondents  to  select  all  brands  that   applied  among  those  listed.  With  Woody’s  vision  to  be  Columbia’s  premiere  “upscale-­‐casual   clothing”  retailer,  these  are  all  brands  the  group  identified  that  fit  Woody’s  image  and  are  well-­‐ known  brands  among  its  target  demographic.     Findings:  The  group  was  not  surprised  by  the  results  of  this  question.  Following  our  analysis   of  the  raw  data,  the  group  declared  that  “desired”  brands  were  brands  that  at  least  two  in   every  three  people  (67%)  would  prefer  to  have  in  the  store.  With  that  in  mind,  data  showed  
  • 20. 20 four  brands  that  fit  the  requirement:  Vineyard  Vines,  Southern  Tide,  Sperry,  and  Patagonia.   These  four  brands  were  desired  by  at  least  67%  of  respondents.     As  you  can  see  below  in  Figure  4.1,  no  other  brands  even  reached  50%  as  far  as   desirability,  so  there  was  no  further  analysis  on  those  brands,  deeming  them  irrelevant  for   analyses  purposes.   Fig 4.1: Brand Desirability Percentiles, Bar Graph   Table 4.2: Qualifying “Desirable” Brands “Desired”  brands  by  respondents   Brand   Total  %   Population  parameter   Vineyard  Vines   80%   72.2%-­‐87.8%   Southern  Tide   76%   67.7%  -­‐  84.3%   Sperry  Topsider   70%   61%-­‐79%   Patagonia   67%   59.34%-­‐74.66%       80%   76%   70%   67%   45%   27%   15%   13%   10%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   Brand  desirability  by  Woody's  Clothiers   customers   Vineyard  Vines   Southern  Tide   Sperry   Patagonia   Southern  Proper   Maui  Jim   Fayettechill   Other   Ray  Ban  
  • 21. 21   Table  4.2  represents  the  results  of  confidence  tests  at  a  95%  confidence  level  conducted   on  the  four  “desired”  brands  to  find  out  what  percent  of  the  total  population  would  also  desire   the  same  brands.  Vineyard  Vines,  Southern  Tide  and  Sperry  were  desirable  in  any  scenario  from   our  population.  On  the  low  end,  Patagonia  and  Sperry  Topsider  miss  the  mark  for  being  a  top   choice,  at  59.34%  and  61%.  These  brands  both  easily  fit  the  requirement  on  the  high  end  of  the   parameter.  Based  on  this,  it  would  take  a  gut  decision  by  management  to  decide  if  it  was   beneficial  for  them  to  carry  those  two  brands.  However,  Woody’s  should  carry  Southern  Tide   and  Vineyard  Vines.       Conclusion  and  suggestions:  If  added  to  the  store’s  product  mix,  these  four  brands  would   attract  a  significant  amount  of  Woody’s  target  market  because  it  would  be  able  to  have  all  of   these  popular  brands  in  one  location.  Currently,  all  of  these  brands  are  offered  in  the  city  of   Columbia.  However,  these  brands  are  only  offered  at  select  stores,  some  even  exclusively.   Currently,  Vineyard  Vines  clothing  is  only  sold  at  Glik’s,  Southern  Tide  products  are  only  offered   at  Bingham's,  Patagonia  is  only  available  at  Alpine  Shop,  and  Sperry  Topsider  can  be  found  in  a   select  few  department  stores  near  the  Columbia  Mall.  Having  these  brands  in  one  place  would   drastically  increase  store  visibility,  because  students  on  campus  have  come  to  know  over  time   which  stores  offer  these  specific  brands  in  Columbia.  By  carrying  these  brands,  Woody’s  could   combine  a  highly  desirable  clothing  selection  with  the  added  convenience  of  proximity  to  the   Mizzou  campus.  Because  many  students  may  not  own  a  car,  yet  desire  these  brands,  having  a   store  within  a  ten  minute  walk  of  campus  could  increase  foot  traffic  into  Woody’s  for  these   brands  on  their  own.    
  • 22. 22 RESEARCH  OBJECTIVE  #5   Objective:  Define  the  average  Woody’s  target  consumer   Questions:     • (#7)“What  is  your  average  shirt  size?”   • (#8)“What  is  your  average  pant  size:  Pant  length,  Pant  width?”   • (#10)“What  is  your  age?”         When  defining  the  average  Woody’s  customer,  it  was  decided  to  figure  out  the  average   shirt  and  pants  sizes  as  well  as  the  average  age  of  the  typical  consumer.  Each  respondent  was   asked  to  list  their  preferred  shirt  size  and  the  size  of  their  waste  and  length  of  pants.  Each   average  was  calculated  to  help  Woody’s  determine  the  typical  customer  that  will  patronize  the   store.  Woody’s  wanted  to  know  this  specific  information  for  inventory  purchasing  purposes.  By   knowing  its  average  customer’s  shirt  size,  it  can  make  sure  to  order  enough  of  that  size  up  front   so  it  can  meet  demand  and  satisfy  customer  needs.   Findings:  In  the  figures  below  are  the  data  achieved  to  determine  the  average  Woody’s   customer.  Question  7  was  asked  to  determine  the  shirt  size  for  each  respondent  on  average.  Fig   5.1  illustrates  that  the  shirt  sizes  worn  the  most  were  Large  and  Medium.   Fig 5.1: Average Shirt Size, Bar Graph 4   35   44   17   1   0   5   10   15   20   25   30   35   40   45   50   Small   Medium   Large   XL   XXL   Frequency   Average  Shirt  Size   n=101  
  • 23. 23 When  respondents  were  asked  to  record  their  average  pant  waist  and  length,  results   showed  that  the  average  length  is  between  a  32-­‐34,  and  the  average  waist  is  approximately  the   same.  Figures  5.2A  &  5.2B  illustrate  the  entire  distribution  of  responses  for  both  questions.   Fig 5.2A: Average Pants Size: Length, Bar Graph Fig 5.2B: Average Pant Width, Bar Graph   1   2   10   12   36   9   23   2   4   0   2   0   0   0   5   10   15   20   25   30   35   40   28   29   30   31   32   33   34   35   36   37   38   40   44   Frequency   Measurement  (in  inches)   Average  Pants  Size:  Length   Inseam   2   3   4   7   28   14   20   3   10   1   6   2   1   0   5   10   15   20   25   30   28   29   30   31   32   33   34   35   36   37   38   40   44   Frequency   Measurement  (in  inches)   Average  Pants  Size:  Width   Waist  
  • 24. 24 Fig 5.3: Respondent Age Distribution, Pie Chart Findings:  Question  10  of  the  survey  was  asked  to  determine  the  average  age  of  potential   customers.  The  results,  summarized  in  Figure  5.3,  concluded  that  the  average  age  of  the   respondents  was  exactly  21  years  old.  One  interesting  piece  of  data  found  was  that  there  was   an  equal  amount  of  respondents  over  the  age  of  21  as  there  were  under  21  (50%).  When   excluding  low  frequency  responses,  80%  of  respondents  were  between  ages  19-­‐21.  This  is  not   surprising,  as  Woody’s  brands  themselves  as  a  company  that  offers  “upscale  casual  clothing”   for  young  professionals  who  are  just  entering  the  work  force  or  rounding  out  college.     The  results  of  the  survey  help  confirm  that  Woody’s  is  attracting  its  desired  age  group   and  market.  With  the  sizing  information  of  the  average  customer,  Woody’s  can  now  fix  its   inventory  levels  to  accurately  reflect  the  majority  of  their  customers’  sizing.     18  years   2%   19  years   25%   20  years   23%   21  years   32%   22  years   14%   23  years   2%   25  years   1%   29  years   1%   Other   Age  of  respondents   n=101   18  years   19  years   20  years   21  years   22  years   Other   23  years   25  years   29  years  
  • 25. 25 RESEARCH  OBJECTIVE  #6:   Objective:  What  are  the  media  usage  patterns  of  those  who  would  patronize  the  clothing   store?   Questions:  (#11)  “What  source  of  social  media  do  you  use  the  most?  Select  one.”     The  goal  of  the  sixth  objective  was  to  figure  out  what  types  of  social  media  Woody’s   should  use  to  bring  in  the  most  foot  traffic  to  its  store.  The  participants  were  asked  one   question  pertaining  to  this  objective.  It  is  important  for  Woody’s  to  obtain  this  information  so   that  it  can  spend  an  appropriate  amount  of  effort  and  time  on  the  right  social  media  platforms,   instead  of  simply  guessing  what  might  work.  In  doing  so,  Woody’s  can  promote  its  store  within   the  right  media  channels.  The  results  are  summarized  in  Figure  6.1  below.     Fig 6.1: Social Media Usage, Pie Chart Facebook   41%   Twitter   53%   Instagram   3%   Youtube   1%   Other   2%   What  source  of  social  media  do  you  use   the  most?     n=101  
  • 26. 26 Findings:  An  analysis  of  our  survey  responses  show  that  there  are  only  two  relevant  forms  of   social  media  among  the  results.  53%  of  respondents  use  Twitter  the  most,  and  Facebook  at   41%.  That  leaves  just  7%  between  Instagram,  Youtube,  Pinterest,  and  all  other  forms  of  social   media.  0%  of  respondents  selected  Pinterest  as  their  main  source  of  social  media.  Below,  Figure   6.2  contains  the  complete  data  for  social  media  preferences  of  all  respondents,  omitting   Pinterest  for  lack  of  any  data.     Fig 6.2: Social Media Preference of Respondents   Social Media Preference Frequency Valid Percent Cumulative Percent Facebook 41 40.6 40.6 Twitter 54 53.5 94.1 Instagram 3 3.0 97.0 Youtube 1 1.0 98.0 Other 2 2.0 100.0 101 100% 100%     These  results  show  that  Woody’s  should  be  using  Twitter  and  Facebook  the  most  to   relay  new  information  about  Woody’s,  as  it  accounts  for  a  cumulative  94.1%  of  all  social  media   usage  from  the  sample.  The  information  addressed  on  these  types  of  social  media  should   include  sale  and  special  events,  chances  to  receive  a  discount  and  a  change  of  season  for  their   clothing  items.  The  results  also  show  that  Woody’s  should  give  little  to  no  consideration  for   Instagram,  Youtube,  and  Pinterest  as  channels  to  market  on.        
  • 27. 27 RESEARCH  OBJECTIVE  #7:     Objective:  What  is  the  relationship  between  social  media  usage  and  preference  for  patronizing   the  store?   Questions:     • (#3)  “In  which  situation  are  you  most  likely  to  shop  for  new  clothing?”   • (#11)  “What  source  of  social  media  do  you  use  the  most?”     In  question  11,  the  results  found  the  media  usage  patterns  of  Woody’s  target  customers.  It   was  determined  that  Twitter  (53%)  and  Facebook  (41%)  were  by  far  the  most  frequently  used   social  media  platform  by  respondents.  With  that  in  mind,  it  important  if  there  was  a  difference   between  preferences  for  reasoning  to  shop  based  on  social  media  usage.  Since  Facebook  and   Twitter  users  grossly  outnumbered  the  rest  (94  of  101  respondents),  the  other  forms  of  social   media  were  dismissed  for  purposes  of  this  analysis.  The  responses  for  all  Twitter  and  Facebook   users  in  regard  to  question  #3  were  then  compiled.  The  data  and  results  were  broken  down  and   compiled  into  the  following  visuals.   Table 7.1: Comparing Social Media Preferences and Scenarios to Shop   In  which  situation  are  you  most  likely  to  shop  for  new  clothing?   Scenario   Facebook  users   #   Twitter  users   #   During  a  sale  or  promotion   65.85%   27   62.96%   33   When  I  have  received  a   discount  coupon   4.88%   2   9.26%   5   Change  of  season   17.07%   7   9.26%   5   For  an  upcoming  event   4.88%   2   16.67%   9   Other   7.32%   3   1.85%   1   TOTALS   100%   41   100%   53  
  • 28. 28 Findings:  In  Table  7.1  and  Figure  7.2,  the  collective  data  between  all  of  our  respondents  who   use  Facebook  and  Twitter  is  summarized.  Just  as  was  the  case  in  Question  3,  both  Facebook  and   Twitter  users  heavily  favored  shopping  during  a  sale  over  all  other  scenarios  combined.  With   the  calculation  of  our  population  parameter,  it  was  found  that  between  50%  and  80%  of   Woody’s  target  population  that  spends  the  majority  of  their  social  media  time  on  Facebook   would  find  sales  an  effective  way  to  get  them  in  the  store.  The  results  found  that  between  50-­‐ 76%  of  Woody’s  target  market  on  Twitter  would  find  sales  effective  as  well.  With  both  of  these   social  media  profiles  having  at  minimum  a  50%  approval,  this  is  where  Woody’s  should  focus   the  majority  of  its  efforts  with  social  media.  Other  than  that,  there  were  sizable  differences  in   which  users  preferred  certain  attractors  to  shop.  The  only  two  significant  scenarios  in  which  we   found  users  to  have  a  sizable  response  rate  were  during  a  change  of  season  and  in  anticipation   of  an  upcoming  event.     Table 7.2: Situational Preferences – Facebook vs. Twitter, Bar Graph   65.85%   4.88%   17.07%   4.88%   7.32%   62.96%   9.26%   9.26%   16.67%   1.85%   0%   10%   20%   30%   40%   50%   60%   70%   During  a  sale   When  I  receive   discount  coupon   Change  of  season  For  an  upcoming   event   Other   Situations  in  which  customer  is  most  likely  to  shop   Facebook   Twitter  
  • 29. 29 Findings:  Looking  at  Figure  7.2,  discount  coupons  seemed  to  have  little  to  no  effect  for  either   Facebook  or  Twitter  users  on  incentivizing  them  to  shop,  as  both  averaged  less  than  10%   selection  rates  for  this  option  Because  of  this,  it  is  suggested  that  Woody’s  not  use  coupons  as  a   form  of  marketing  at  any  point  in  time,  because  it  would  just  be  a  waste  of  the  store’s  money.     Just  as  was  the  case  in  Question  3,  both  Facebook  and  Twitter  users  heavily  favored   shopping  during  a  sale  over  all  other  scenarios  combined.  This  is  clearly  seen  in  Figure  7.2,  as   “During  a  sale”  literally  towers  over  all  other  responses.  Other  than  that,  there  were  smaller  but   still  important  differences  in  which  users  preferred  certain  attractors  to  go  shopping.  Two   scenarios  in  which  the  competing  users  have  sizable  differing  response  rates  were  “during  a   change  of  season”  and  in  anticipation  of  “an  upcoming  event”.   One  of  the  biggest  surprises  noticed  between  the  sample  group  came  in  regard  to   shopping  for  an  upcoming  event.  Facebook  as  a  social  media  site  highly  leverages  its  ability  to   create  and  join  events  on  its  website,  where  Twitter  does  not.  Based  on  this,  it  would  be   reasonable  to  think  that  Facebook  users  would  be  more  likely  to  shop  for  clothes  in  the  case  of   upcoming  events  than  an  avid  twitter  user  would.     The  results  in  Table  7.2  showed  that  Twitter  users  were  actually  more  than  four  times   more  likely  to  shop  for  clothes  given  an  upcoming  event  than  Facebook  users.  16.67%  of   respondents  who  use  Twitter  the  most  selected  this  option,  while  just  5%  of  avid  Facebook   users  selected  this.     When  it  came  to  a  change  of  season,  this  is  where  Facebook  users  responded  much   higher;  17%  selected  this  response.  Once  a  population  parameter  was  calculated,  it  was   concluded  that  between  5%  and  29%  of  the  population  of  Woody’s  target  on  Facebook  would  
  • 30. 30 give  seasonal  change  as  a  reason  to  go  shop.  Since  Facebook  has  pages  to  visit  that  contain  less   frequent  posts,  it  gives  businesses  the  opportunity  to  advertise  new  seasonal  clothing  or  sales   of  season  clothing  without  those  posts  being  immediately  overlooked  or  eroded  as  often  as  it   would  in  the  continual  clutter  of  posts  on  Twitter.     Table 7.3: Facebook User Preferences, Population Parameter In  which  situation  are  you  most  likely  to  shop  for  new  clothing?     Source:  Facebook  Users;  n=41   Scenario   #   Avg  %   Population  parameter   (95%  Confidence)   During  a  sale  or  promotion   27   66%   51.3-­‐80.4%   Change  of  season   7   17%   5.5-­‐28.6%   When  I  have  received  a   discount  coupon   2   5%   0-­‐11.5%     For  an  upcoming  event   2   5%   0-­‐11.5%   Other   3   7%   0-­‐15.3%   Fig 7.4: Twitter vs. Facebook – Situational Preferences, Pie Charts 66%   17%   5%   5%   7%   Situations  in  which  I  would  shop   During  a  sale  or   promotion   Change  of  season   When  I  have  received   a  discount  coupon   For  an  upcoming   event   Other   63%  17%   9%   9%   2%      n=53                              n=41  
  • 31. 31 Conclusions  and  suggestions:  When  it  came  down  to  it,  change  of  season  was  the  only  other   significant  reasoning  for  Facebook  users  to  justify  shopping  for  new  clothes.  As  seen  in  Figure   7.4,  “Coupons”,  “upcoming  events”,  and  “other”  account  for  a  total  of  just  17%,  compared  to   the  83%  between  sales  and  season  change.  It  is  suggested  that  Woody’s  ignore  creating   Facebook  events  and  instead  focus  on  posting  pictures  of  its  new  (or  old)  seasonal  clothing  for   its  fans  to  see  on  Facebook.  Because  Woody’s  so  heavily  leverages  its  ability  to  offer  the  best   seasonal  selection,  it  can  also  use  this  to  leverage  sales  of  out-­‐of-­‐season  apparel  when  the   season  is  ending,  along  with  the  new  clothing  as  it  comes  into  season.  This  caters  to  that  83%  of   respondents  who  spend  the  majority  of  their  social  media  time  on  Facebook.     Table 7.5: Twitter User Preferences, Population Parameter In  which  situation  are  you  most  likely  to  shop  for  new  clothing?     Source:  Twitter  Users;  n=53   Scenario   #   Avg  %   Population  parameter   (95%  Confidence)   During  a  sale  or  promotion   33   63%   50-­‐76%   For  an  upcoming  event   9   17%   6.7-­‐26.6%   When  I  have  received  a   discount  coupon   5   9%   1.5-­‐17%   Change  of  season   5   9%   1.5-­‐17%   Other   1   2%   0-­‐5.8%   As  compared  to  Facebook,  Twitter  users  seemed  somewhat  more  flexible     when  giving  responses  to  what  could  impact  them  to  go  shopping  for  new  clothes.  After   conducting  the  population  parameter  for  Twitter  (as  shown  in  Table  7.5),  the  group  identified   that  between  6.7%  and  26.6%  of  the  target  population  on  Twitter  would  patronize  the  store  if   customers  had  an  upcoming  event  they  needed  new  clothes  for.  63%  of  respondents  selected  
  • 32. 32 that  a  sale  or  promotional  event  would  attract  them  to  go  shop,  so  coupling  that  with  the  17%   of  respondents  who  would  come  in  looking  to  purchase  new  clothes  for  upcoming  events,   Woody’s  will  potentially  reach  80%  of  its  local  target  market  on  Twitter.   With  this  in  mind,  we  suggest  that  Woody’s  do  more  events  in  its  store  in  conjunction   with  other  local  businesses,  as  it  has  done  in  the  past.  At  its  grand  opening,  Woody’s  partnered   with  Harpo’s  to  supply  free  beer  and  free  wine  to  all  customers  who  came  into  the  store.  This   event  was  coupled  with  a  sale,  making  it  even  more  desirable  to  show  up  and  take  a  look  at   store  offerings.    The  event,  which  Woody’s  has  repeated  multiple  times,  has  always  resulted  in   big  crowds  and  revenues.  Woody’s  should  continue  to  seek  partnership  opportunities  with   established  Columbia  businesses,  as  it  could  increase  its  credibility  by  association.          
  • 33. 33 LIMITATIONS   LIMITATIONS  OVERVIEW:     As  undergraduate  students  performing  a  research  project,  there  were  many  constraints   that  affected  the  results  of  the  study.  To  be  open  and  honest  about  the  limitations  and  possible   flaws  of  the  research  is  something  the  group  regards  as  very  important.  To  begin,  there  was   inevitably  a  time  and  money  constraint  to  the  research  that  was  done.  It  would  have  been   preferred  to  spend  much  more  time  conducting  and  also  analyzing  the  data  results,  but  it  just   was  not  feasible  as  full-­‐time  students.  In  addition,  there  were  limitations  on  the  kinds  of  studies   and  research  methods  that  could  be  used  because  of  the  money  constraints.     There  were  also  limitations  and  possible  biases  in  the  sampling  method.  Because  the   survey  targeted  male  college  students,  respondents  had  to  be  asked  in  a  more  individualized   way  to  filter  out  possible  female  respondents.  Although  there  was  over  100  respondents,  many   of  them  came  from  similar  fraternities  and  academic  majors  as  the  members  of  the  group.   Therefore,  the  sample  population  was  not  as  diverse  and  encompassing  as  would  have  been   preferred.       Lastly,  there  was  the  limitation  of  only  using  online  surveys  to  gather  the  data.  This   allowed  for  possible  misunderstandings  between  the  questions’  intent  and  the  way  it  was   perceived  by  the  respondent.  Certain  questions,  like  the  one  involving  store  atmosphere,  would   have  been  much  easier  to  record  and  analyze  with  proctors  and  in-­‐person  interviews.  The   format  limited  the  ability  to  gain  deeper  insight  on  the  various  opinions  the  respondents  had   but  could  not  express  through  multiple  choice.    
  • 34. 34 Without  making  the  survey  too  overbearing  or  burdensome,  the  question  total  was   limited  to  ten.  Therefore,  it  was  difficult  to  add  too  many  follow-­‐up  questions  that  would  really   tie  it  back  and  make  it  applicable  to  the  store.  For  example,  there  was  a  question  about  which   organization  the  respondents  were  involved  in.  However,  there  was  not  a  question  asked  on   whether  those  individuals  had  previously  shopped  at  Woody’s,  so  it  was  difficult  to  correlate  if   organizational  involvement  had  an  affect  on  their  interest  in  Woody’s.        
  • 35. 35 KEY  FINDINGS  SUMMARY   • OBJECTIVE  #1:  DETERMINE  THE  VISIBILITY  OF  WOODY’S  AMONG  THE  TARGET  MARKET.     o A  majority,  over  half,  of  respondents  indicated  that  they  did  not  know  the  location  of   Woody’s.  This  was  a  problem  related  to  the  street  visibility  of  the  Woody's  store.  Given   the  location,  most  Mizzou  students  should  be  familiar  with  the  location  of  Woody's;   however,  they  were  not.     o Regarding  the  second  question  of  the  survey,  the  most  popular  response  to  how   respondents  had  heard  about  Woody’s  was  “being  referred  to  by  a  friend”.  The  second   highest  response  was  33%  of  our  respondents  indicating  that  they  had  “never  heard  of   Woody's”.  The  next  biggest  were  social  media,  followed  by  seeing  it  passing  by.     • OBJECTIVE  #2:  IN  WHICH  SCENARIOS  ARE  TARGET  CUSTOMERS  MOST  LIKELY  TO  SHOP  FOR  NEW  CLOTHING?   o A  majority,  65%,  responded  that  they  are  most  likely  to  shop  for  new  clothing  during  a   sale.  Coming  in  second  at  almost  12%  was  change  of  season.  Woody’s  prides  itself  with   having  the  most  up-­‐to-­‐date  clothing  selection,  so  it  is  important  that  Woody’s  continues   this.  The  other  three  responses  were  relatively  equal,  around  8-­‐12%  each     • OBJECTIVE  #3:  WHAT  RETAIL  ENVIRONMENT  WILL  BE  THE  MOST  CONDUCIVE  TO  CUSTOMER  RETENTION?   o This  objective  was  evaluated  in  two  sections.  The  first  section  asked  respondents  to  rank   what  aspects  of  a  store  atmosphere  are  of  most  importance  to  them.  Respondents   indicated  a  strong  preference  for  “Recognizable  Brands”  as  the  most  important  aspect  
  • 36. 36 that  would  attract  them  to  a  store.  The  least  important  aspect  was  music.       o Although  irrelevant  based  on  the  prior  finding,  when  asked,  respondents  indicated  their   preferred  music  genre  to  listen  to  while  shopping  would  be  Country  (35%)     o The  country  music  preference  only  accounts  for  about  one  third  of  the  total  population.   Because  of  this,  it  would  be  beneficial  for  Woody’s  to  include  other  higher  rated  genres.   Results  indicate  the  next  two  highest  genres  were  Soft  Rock/Indie  (20%)  and  Rock  (14%).     • OBJECTIVE  #4:  WHAT  BRANDS  WOULD  ATTRACT  THE  TARGET  MARKET?     o With  respondents  indicating  in  the  prior  objective  that  having  recognizable  brands  is  the   most  important  aspect  to  them  when  it  comes  to  patronizing  a  store,  Woody’s  has  an   opportunity  to  increase  its  product  mix  by  carrying  more  popular  brands.  Respondents   identified  four  brands  that  they  would  like  to  see  available  at  Woody’s:  Vineyard  Vines,   Southern  Tide,  Sperry,  and  Patagonia.  Each  were  desired  by  at  least  67%  of  all   respondents.     • OBJECTIVE  #5:  DEFINE  THE  AVERAGE  WOODY’S  TARGET  CONSUMER.   o To  define  the  average  Woody’s  customer,  the  survey  collected  information  on  average   clothing  size  as  well  as  age.  The  average  age  of  the  target  consumer  was  21  years  old.   The  results  also  showed  an  equal  distribution  of  under-­‐21  respondents,  as  there  were   21  and  older.  Excluding  the  “other”  respondents,  80%  of  respondents  were  between  the   ages  of  19-­‐21.  This  information  is  significant  because  this  is  the  age  group  that  Woody’s   would  like  to  target.  
  • 37. 37 • OBJECTIVE  #6:  WHAT  ARE  THE  MEDIA  USAGE  PATTERNS  OF  THOSE  WHO  WOULD  PATRONIZE  THE  STORE?   o This  objective  was  evaluated  by  asking  respondents  what  source  of  social  media  they   used  most  often.  The  results  showed  53%  of  the  population  uses  Twitter  and  41%  uses   Facebook.  This  left  just  7%  between  Instagram,  Youtube,  Pinterest,  and  all  other  forms   of  social  media.  These  results  show  that  Woody’s  should  be  relying  most  of  its   information  to  its  targeted  market  on  Twitter  and  Facebook.  Woody’s  website  gives   online  customers  the  option  to  pin  their  clothing  on  Pinterest  or  view  pictures  on   Instagram.  However,  the  results  showed  Woody’s  should  be  giving  little  to  no  social   media  presence  on  Instagram  and  Pinterest.     • OBJECTIVE  #7:  WHAT  IS  THE  RELATIONSHIP  BETWEEN  SOCIAL  MEDIA  USAGE  AND  PREFERENCE  FOR   PATRONIZING  THE  STORE?   o Facebook  users  prefer  sales  promotions  and  changing  seasonal  clothing  as  the  most   effective  ways  to  get  them  into  the  store.  Twitter  users  are  more  apt  to  shop  when  they   see  sales  promotions  as  well  as  when      
  • 38. 38 RECOMMENDATIONS     After  meeting  with  Woody’s,  conducting  a  survey  to  its  target  market,  and  analyzing  the  data,   the  group  suggested  a  variety  of  recommendations  for  the  clothing  store.  The  group’s   recommendations  include:   1. Generate  higher  awareness  of  brand  &  shop  location   • On-­‐campus  promotional  events  (with  a  map  located  on  coupons/pamphlets)   • Creating  a  “slogan”  to  help  clarify  its  brand  image   • More  consistency  with  vision   Summary   For  Woody’s  to  generate  higher  awareness  of  brand  and  shop  location  it  should  have  more   on-­‐campus  promotional  events.  Since,  its  target  market  is  primarily  young  professionals  and   college-­‐aged  men,  having  more  on-­‐campus  promotional  events  will  generate  a  higher   awareness.  Based  on  the  survey,  56%  of  respondents  did  not  know  the  location  of  Woody’s.   The  group  recommends  in  addition  to  having  promotional  events,  to  also  include  a  map  of   Woody’s  location  or  the  address  of  the  store.       Also,  Woody’s  is  inconsistent  with  its  vision.  Having  a  “slogan”  that  could  be  posted  on   its  website,  social  media  sites,  and  even  on  paper  copy  items  would  clarify  its  brand  image.   Many  people  are  not  aware  that  Woody’s  targets  the  younger  male  population,  so  having  a   slogan  or  phrase  to  define  its  clothing  items,  such  as  “upscale  casual  clothing”  would  generate   awareness  and  clarify  customers  who  may  be  confused  about  what  the  store  has  to  offer.    
  • 39. 39 RECOMMENDATIONS     2. Customize  store  environment   • Purchase  clothing  sizes  based  on  average  customer  size  form  the  survey   • Add  Southern  Tide,  Vineyard  Vines,  Sperry,  and  Patagonia  products  to  store   • Add  country  music  (34%  compared  to  #2  Indie  at  20%)   Summary   To  create  a  more  customized  store  environment,  Woody’s  should  use  the  survey  results  to   purchase  clothing  sizes  that  represent  the  average  customer  size.  Based  on  the  survey,  most   males  wear  a  size  large  and  following  close  after  is  a  size  medium.  This  information  is   important,  because  Woody’s  can  purchase  clothing  sizes  based  on  the  average  customer  size   and  decrease  the  risk  of  running  out  of  stock  on  certain  sizes.     Another  suggestion  is  for  Woody’s  to  broaden  its  brand  selection.  Many  of  its   competitors  sell  brands  such  as  Sperry,  Vineyard  Vines,  and  a  variety  of  others  and  if  Woody’s   were  to  offer  all  of  these  brands  in  one  location,  it  would  give  the  store  a  competitive  edge.   80%  of  respondents  indicated  they  would  like  to  see  Woody’s  carry  Vineyard  Vines.  That  being   said,  if  Woody’s  had  those  brands,  they  would  become  even  more  attractive  to  their  target.       Lastly,  Woody’s  Gentlemen’s  Clothiers  should  add  country  music  to  its  soundtrack.  34%   of  respondents  said  that  the  type  of  music  they  enjoy  most  while  shopping  was  country  music.   This  is  yet  another  small  way  for  Woody’s  to  customize  the  customers’  shopping  experience.          
  • 40. 40 RECOMMENDATIONS                             3. Attract  more  customers  &  increase  sales   • Partnership  with  local  established  businesses  (ex:  Grand  Opening  event)   Summary   For  Woody’s  grand  opening  in  January,  it  partnered  with  Harpo’s  Bar  and  Grill.  Customers   could  shop  at  Woody’s  while  drinking  beer  from  Harpo’s.  This  is  an  effective  marketing   technique  to  attract  Woody’s  target  market  since  the  survey  showed  that  the  average  age  is  21.   The  grand  opening  was  a  huge  success  and  Woody’s  should  implement  more  partnerships  with   local  bars  for  on-­‐campus  promotional  events  or  in-­‐store  sales.     4. Broadcast  certain  events  based  on  social  media  preference   • Focus  primarily  on  Facebook  and  Twitter  to  reach  target  audience   • Reassess  how  Instagram  should  be  part  of  its  online  and  social  media  presence   Summary   Based  on  the  survey,  most  respondents  use  Facebook  (41%)  and  Twitter  (53%)  as  their   main  form  of  social  media  engagement.  Woody’s  should  focus  primarily  on  these  two  social   media  sites  to  reach  its  target  market,  leading  into  the  second  recommendation.     With  the  knowledge  that  Woody’s  has  more  followers  on  Instagram  than  either  Twitter   or  Facebook,  Woody’s  should  reevaluate  how  they  use  Instagram  in  conjunction  with  Facebook   or  Twitter.  Linking  pictures  from  their  Instagram  to  its  Facebook  profile  may  be  able  to  utilize   both  sites  effectively.  With  Twitter,  using  its  native  TwitPic  as  opposed  to  Instagram  may  prove   more  successful  at  increasing  “clicks”.
  • 41. 41 APPENDIX:  COPY  OF  QUESTIONNAIRE      
  • 42. 42 APPENDIX:  COPY  OF  QUESTIONNAIRE    
  • 43. 43 APPENDIX:  COPY  OF  QUESTIONNAIRE    
  • 44. 44 APPENDIX:  RESEARCH  OBJECTIVES  SUMMARY   Research     Objective   Questionnaire     Question   #1:  Determine  the  visibility  of  Woody’s  among  the   target  market     #1:  Do  you  know  the  location  of  Woody's  store?   #1:  Determine  the  visibility  of  Woody’s  among  the   target  market     #2:  How  did  you  hear  about  Woody’s?   #2:  In  which  scenarios  are  target  customers  most   likely  to  shop  for  new  clothing?   #3:  in  which  situation  are  you  most  likely  to  shop  for   new  clothing?     #3:  What  retail  environment  is  going  to  be  most   conductive  to  customer  retention?   #4:  Rank  which  aspects  of  store  atmosphere   contribute  most  to  a  pleasant  shopping  experience?   #3:  What  retail  environment  is  going  to  be  most   conductive  to  customer  retention?    #5:  Which  genre  of  music  do  you  prefer  while   shopping?   #4:  What  brands  would  attract  the  target  market?   #6:  Which  brands  would  you  like  to  see  available  at   Woody’s?   #5:  Define  the  average  Woody’s  target  consumer     #7:  What  is  your  average  shirt  size?   #5:  Define  the  average  Woody’s  target  consumer     #8:  What  is  your  average  pant  size?   #5:  Define  the  average  Woody’s  target  consumer     #10:  What  is  your  age?   #6:  What  are  the  media  usage  patterns  of  those  who   would  patronize  the  clothing  store?   #11:  What  source  of  social  media  do  you  use  the   most?   #7:  What  is  the  relationship  between  social  media   usage  and  preference  for  patronizing  the  store?     #3,  #11  
  • 45. 45 APPENDIX:  SPSS  OUTPUT                    PAGE  1   Research  Objective  #1,  Question  #2   How did you hear about Woody's Gentlemen's Clothiers? Mean Mean With 95% confidence 1. Referred by a friend 43.60% 34%-53.2% 2. Walked by 5.90% 1.3%-10.5% 3. Social media 14.90% 7.9%-21.8% 4. I have never heard of Woody's 32.70% 23.5%-41.8% 5. other 3% 0-6.33%   Research  Objective  #2,  Question  #3   In which situation are you most likely to shop for new clothing? Select one. Frequency Percent Valid Percent Cumulative Percent During a sale or promotion 66 65.3 65.3 65.3 When I have received a discount coupon 8 7.9 7.9 73.3 Change of season 12 11.9 11.9 85.1 For an upcoming event 11 10.9 10.9 96.0 Other 4 4.0 4.0 100.0 Total 101 100.0 100.0 Research  Objective  #1,  Question  #1 Do you know the location of Woody's in Columbia? Frequency Percent Valid Percent Cumulative Percent Population parameter with 95% confidence Yes 44 43.6 43.6 43.6 33.93-52.27% No 57 56.4 56.4 100.0 46.44-66.36%
  • 46. 46 APPENDIX:  SPSS  OUTPUT                    PAGE  2   Research  Objective  #3,  Question  #4:     Ranked order of store aspects that contribute most to a pleasant shopping experience We took the sum of all responses to calculate rank order. Lower sums = higher priority during shopping experience Recognizable brands Store Layout/Décor Friendly Staff Knowledgeable Staff Music 361 489 530 630 855 #1 rank #2 rank #3 rank #4 rank #5 rank Research  Objective  #3,  Question  #5   What genre of music do you prefer most while shopping in-store? Top 5 Responses Percent Valid Percent Cumulative Percent Population parameter 95% confidence Country 34.7 34.7 34.7 25.4%-44% Soft Rock/Indie 19.8 19.8 91.1 12%-28% Rock 13.9 13.9 59.4 7.1%-20.6% Hip Hop/Rap 11.9 11.9 71.3 8.7%-15% Pop 10.9 10.9 45.5 7.8%-14% 100.0 100.0 Research  Objective  #4,  Question  #6 “Which brands would you like to see available at Woody’s?” Accepted 80% Vineyard Vines 76% Southern Tide 70% Sperry 67% Patagonia Rejected 45% Southern Proper 27% Maui Jim 15% Fayettechill 10% Ray Ban 13% Other (5% Costa Del Mar, 8% Other)
  • 47. 47 APPENDIX:  SPSS  OUTPUT                    PAGE  3   Research  Objective  #5,  Question  #7,  #8   What is your average shirt size? Size Frequency Percent Valid Percent Cumulative Percent Small 4 4.0 4.0 4.0 Medium 35 34.7 34.7 38.6 Large 44 43.6 43.6 82.2 XL 17 16.8 16.8 99.0 XXL 1 1.0 1.0 100.0 Total 101 100.0 100.0 What is your average shirt size? Means with 95% confidence #1 Large- 34% - 53.3% #2 Medium- 25.4% - 44% #3 X-Large- 9.5% - 24% #4 Small- .02% - 7.8% #5 XXL: 0% - 2.03% Research  Objective  #5,  Question  #7,  #8   One-Sample Statistics N Mean Std. Deviation Std. Error Mean What is your average shirt size? 101 2.76 .814 .081 What is your average pants size?-Pants length 101 32.4653 1.78642 .17776 What is your average pants size?-Pants waist 101 33.3861 2.61140 .25984 #8 What is your average pant size: average pant length: 32-33, average waist: 33-34 Research Objective: Define the average Woody’s target consumer 95% Confidence Interval of the Difference Lower Upper What is your average pants size? -Pants length What is your average pants size? -Pants waist 32.1127 32.8706 32.8180 33.9017
  • 48. 48 APPENDIX:  SPSS  OUTPUT                    PAGE  4   Research  Objective  #5,  Question  #7,  #8   What is your average pants size? Pants waist Valid Frequency Percent Valid Percent Cumulative Percent 28.00 2 2.0 2.0 2.0 29.00 3 3.0 3.0 5.0 30.00 4 4.0 4.0 8.9 31.00 7 6.9 6.9 15.8 32.00 28 27.7 27.7 43.6 33.00 14 13.9 13.9 57.4 34.00 20 19.8 19.8 77.2 35.00 3 3.0 3.0 80.2 36.00 10 9.9 9.9 90.1 37.00 1 1.0 1.0 91.1 38.00 6 5.9 5.9 97.0 40.00 2 2.0 2.0 99.0 44.00 1 1.0 1.0 100.0 Research  Objective  #5,  Question  #7,  #8   What is your average pants size? Pants length Valid Frequency Percent Valid Percent Cumulative Percent 28.00 1 1.0 1.0 1.0 29.00 2 2.0 2.0 3.0 30.00 10 9.9 9.9 12.9 31.00 12 11.9 11.9 24.8 32.00 36 35.6 35.6 60.4 33.00 9 8.9 8.9 69.3 34.00 23 22.8 22.8 92.1 35.00 2 2.0 2.0 94.1 36.00 4 4.0 4.0 98.0 38.00 2 2.0 2.0 100.0 Total 101 100.0 100.0
  • 49. 49 APPENDIX:  SPSS  OUTPUT                    PAGE  5   Research  Objective  #5,  Question  #10:          “What is your age?”   Age Quantity % of total 18 years 2 1.98% 19 years 25 24.75% 20 years 23 22.77% 21 years 33 32.67% 22 years 14 13.86% 23 years 2 1.98% 25 years 1 0.99% 29 years 1 0.99% TOTALS 101 100% Avg = 21.00 Research  Objective  #6,  Question  #11   What source of social media do you use the most? Select one. Percent Valid Percent Cumulative Percent With 95% confidence Facebook 40.6 40.6 40.6 31-51.2% Twitter 53.5 53.5 94.1 43.8-63% Instagram 3.0 3.0 97.0 dnm Youtube 1.0 1.0 98.0 dnm Other 2.0 2.0 100.0 dnm 100.0 100.0 Research  Objective  #7,  Questions  #3  and  #11   In  which  situation  are  you  most  likely  to  shop  for  new  clothing?     Source:  Facebook  Users;  n=41   Scenario   #   Avg  %   Population  parameter   (95%  Confidence)   During  a  sale  or  promotion   27   66%   51.3-­‐80.4%   Change  of  season   7   17%   5.5-­‐28.6%   When  I  have  received  a   discount  coupon   2   5%   0-­‐11.5%     For  an  upcoming  event   2   5%   0-­‐11.5%   Other   3   7%   0-­‐15.3%