SlideShare a Scribd company logo
1 of 3
Download to read offline
RIDE THE WAVE
Good surfers know that in order to ride a wave,
they need to see the wave before it appears, and
catch the wave before it breaks. Within the out-
door industry, the women’s market stands as an
avenue with a large potential for growth. Cur-
rent trends suggest a wave of young, adven-
turous females moving into decision
making roles could dramatically
change the outdoor industry.
RISE OF THE
SHE-VENTURERS
Although men still outnumber
women in participation in out-
door recreation, in recent years,
overall female participation
has seen a steady increase. From
2009-2014, women’s participation
grew by 3%.2
But, what is more compel-
ling is an analysis of the millennial generation.
Females aged 19-24 now far outnumber their
male counterparts by 18% and are the fastest
growing sector of outdoor enthusiasts.3
In the
next five years, these women will become deci-
sion makers in their households; they will enter
the workforce, they will control the majority
of family purchases, and they will be responsi-
ble for raising the next generation of outdoor
enthusiasts.
Unfortunately, many outdoor companies rely
on the simple and ineffective “shrink it and
pink it” approach— a strategy where products
and services are only superficially adapted for a
women’s needs. If the outdoor industry hopes
to “catch the wave” of millennial women, it
needs to adapt now.
In the US,
women decide
85% of consumer
purchases. This
amounts to
$7 trillion spent
annually.1
To remain competitive, outdoor companies
need to design better products and engage
female customers in unique ways. And, if the
industry wants to accelerate growth, it needs to
hire more women.
“NO MORE BARBIE GEAR”4
Attracting women consumers starts with prod-
uct design. The market for women’s clothing
and equipment has grown immensely—from
2002 to 2004 sales for women’s-specific cloth-
ing and equipment jumped by 60%. In compar-
ison men’s and unisex clothing grew by a mere
4%. 5
Designing products for women is a balancing
act. Women consumers present a unique chal-
lenge because they want products to be both
functional and fashionable. To best meet the
needs of female consumers, designers should
keep in mind two principles. First, functionality
stems from making changes that fit a woman’s
body. For example, Tubbs Snowshoes saw a
300% increase in its women’s market after mak-
ing two simple changes: (1) modifying
bindings to better fit women’s boots
and (2) changing the frame shape to
allow for women’s shorter strides.6
Second, “fashionable” does not
always equate to more feminine
prints or colors. Companies
like Lululemon have
excelled in the wom-
en’s market
because of a
focus on more
relevant modifi-
cations includ-
Figure 1. Examples of the “shrink
it and pink it approach.”13
HOW ADVENTUROUS FEMALE MILLENIALS WILL CHANGE THE OUTDOOR INDUSTRY
ing flattering clothing cuts, high quality fabrics,
and attention to detail (stitching, fasteners, and
zippers). These elements make Lululemon’s
products appropriate for both an early morning
workout or a night out on the town.
Companies that skillfully combine fashion with
functionality will acquire a loyal following of
female customers.
GIRLS DAY OUT
Meeting the needs of female consumers doesn’t
end with product design. Companies can engage
female customers by providing opportunities
for women to use the products they sell.
The Outdoor Industry Foundation found that
one of the key barriers to women’s participa-
tion in the outdoors was inexperience. Thir-
ty-four percent of women felt they didn’t have
the know-how needed for outdoor activities.5
To help women feel confident participating in
the outdoors, companies like REI and L.L. Bean
offer “Women’s-Only Adventures.” Their events
include courses in stand-up paddleboarding,
fly fishing, rock climbing, mountain biking, and
shotgun sports.
These programs help women learn valuable
skills and meet inspiring mentors. But, more
importantly, the events help build brand equity
and develop a base of loyal female customers.
HIRE MORE WOMEN
Ultimately, to make lasting changes, companies
will benefit from hiring more female profes-
sionals. Women working in the outdoor indus-
try can provide the insight necessary to reach
the powerful sector of women consumers.
In an article published in SGB Weekly (an out-
door retail journal), president of Burton Snow-
boards Donna Burton Carpenter highlighted the
lack of women leaders in the outdoor industry.
She remarked, “90 percent of the resumes we
get are from men. Even at Roxy [a female-spe-
cific outdoor apparel company], the president
and the VP of marketing and sales are all men.
Columbia’s entire senior management team is
men. As an industry, we are
pretty male-dominated.”7
Yet multiple studies
show that
companies with
more women in
leadership
positions have
superior
financial
performance.
Catalyst, a nonprofit
organization that
promotes women and
business, studied 353 Fortune 500 companies
over 5 years. Companies with the most
women in senior management positions had a
35% higher return on equity.9
Researchers from
Carnegie Melon and MIT studying teamwork
had similar findings—the highest performing
groups were also those with the most women.10
The outdoor industry is moving in the right
direction. In 2013, a team of female manufac-
turing engineering students at Brigham Young
University designed a line of women’s-specific
outdoor lighting products for Black Diamond,
which specializes in rock climbing and back-
country ski gear. Bryan Howell, the professor
How big is
the outdoor
industry?
It generates $646 billion in
annual sales—nearly double
what Americans spent on
gasoline, household utilities,
and pharmaceuticals in
2010.8
Figure 2.: Women’s -only adventures build confidence and brand equity.13
ACTION TIP
To join other leaders in the
outdoor industry in furthering
women’s leadership visit:
http://www.oiwc.org/page/pledge
directing the project explained that Black
Diamond is a traditionally “testosterone-driv-
en” company. Howell said the “estrogenized”
designs showed the innovation, quality, and
creativity that come when products are de-
signed for women, by women.11
More recently, in January of 2015, the CEO’s of
14 outdoor retailers including REI, Backcountry.
com, and Patagonia signed a pledge to “accel-
erate women’s leadership in their companies.”
The pledge was accompanied with a $1.5 mil-
lion grant from REI to the Outdoor Industries
Women’s Coalition to carry out pledge objec-
tives.12
RIDE THE WAVE
The steps companies take now to prepare for
the flood of female consumers could determine
whether outdoor companies “ride the wave”
or get sucked into the surf. Improving wom-
en’s-specific product designs and developing
unique approaches to engaging female consum-
ers will help companies get ahead of the tide.
Hiring more female professionals will further
solidify industry efforts to suceed in the out-
door women’s market.
References:
1) ) Daniela Yu, Linda Lyons, Amy Adkins, “Unleashing the Power of the Purse,” Gallup
Business Journal, October 17, 2014, www.gallup.com/businessjournal, accessed October
2015.
2) Compiled from: “Outdoor Participation Report” 2009-2014, The Outdoor Industry
Foundation, www.outdoorfoundation.org, accessed October 2015.
3) “Outdoor Participation Report 2014”, The Outdoor Industry Foundation, 2014, www.
outdoorfoundation.org, accessed October 2015.
4) Meaghen Brown, Axie Navas, “No More Barbie Gear,” Outside, March 13, 2015, www.
outsideonline.com, accessed December 2015.
5) “Getting<Women<Active,” The Outdoor Industry Foundation, www.outdoorfounda-
tion.org, accessed November 2015.
6) Lisa Johnson, “Beyond Pink Thinking,” Outdoor Industry Special Edition, www.
outdoorfoundation.org, accessed November 2015.
7) Cara Griffin. “Don’t Stop Now,” SGB, March 2015, Business Source Premier, accessed
November 2015.
8) “The Outdoor Recreation Economy,” Outdoor Industry Association, 2012, www.
outdoorindustry.org, accessed October 2015.
9) “The Bottom Line: Connecting Corporate Performance and Gender Diversity,” Cata-
lyst, 2004, BMO Financial Group, www.catalyst.org, accessed December 2015.
10) Anita Woolley, Thomas W. Malone, Christopher F. Chabris, “Why Some Teams are
Smarter than Others,” New York Times, January 16, 2015, www.nytimes.com, accessed
December 2015.
11) Alisha Gallagher, “Industrial design students light the future for female adventur-
ers,” BYU News Release, April 10, 2013, www.news.byu.edu, accessed October 2015.
12) “CEOs Sign OIWC Pledge to Advance Women’s Leadership in the Outdoor Industry,”
news release, January 23, 2015, on REI Co-Op Website, www.newsroom.rei.com,
accessed December 2015.
13) Image Credits--waves drawings: http://www.alschutzman.com/2010gsigirls/Images/
Waves.png ; Fig, 1: http://www.rhythmsnowsports.com.au/2015-volkl-one-pink-skis.
html, http://www.luggagepros.com/mfgr_High--Sierra/classic-2-series?cat26=260,
http://www.backcountry.com/mammut-mtr-201-trail-running-shoe-womens;
Fig. 2: http://www.llbean.com/llb/event/83618?page=womens-only-introduc-
tion-to-stand-up-paddleboarding-course.
Mallory Reese is a pre-marketing major at Brigham Young
University. She’s an avid outdoorswoman with a passion for
business. She can be reached at malloryrun@gmail.com

More Related Content

What's hot

27 facts and 20 examples about social media
27 facts and 20 examples about social media27 facts and 20 examples about social media
27 facts and 20 examples about social mediaChristian Palau
 
GOTRIbal 2010 summary angel forum boulder
GOTRIbal 2010 summary angel forum boulderGOTRIbal 2010 summary angel forum boulder
GOTRIbal 2010 summary angel forum boulderGOTRIbal
 
The Who's Who of the Internet
The Who's Who of the InternetThe Who's Who of the Internet
The Who's Who of the InternetLuisAlbertoMarcelo
 
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing Summit
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing SummitCarolyn Childs’ Presentation at Mumbrella’s Travel Marketing Summit
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing SummitRiyaMandri
 
Social Media Case Studies From The Middle East: The Good, The Bad & The Ugly
Social Media Case Studies From The Middle East: The Good, The Bad & The UglySocial Media Case Studies From The Middle East: The Good, The Bad & The Ugly
Social Media Case Studies From The Middle East: The Good, The Bad & The UglyMohammad Hijazi
 
The 20 best social media campaigns
The 20 best social media campaignsThe 20 best social media campaigns
The 20 best social media campaignsPALIO
 
Breaking into the market the story of Malaguti USA
Breaking into the market the story of Malaguti USABreaking into the market the story of Malaguti USA
Breaking into the market the story of Malaguti USAJoel Martin
 
Timberland: Social media case study, presented by Frank Hwang
Timberland: Social media case study, presented by Frank HwangTimberland: Social media case study, presented by Frank Hwang
Timberland: Social media case study, presented by Frank HwangSocialMedia.org
 
Best social media campaign
Best social media campaignBest social media campaign
Best social media campaignAli Hadi
 
situation analysis
situation analysissituation analysis
situation analysisRobert Fornkahl
 
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015TrendWatching
 

What's hot (11)

27 facts and 20 examples about social media
27 facts and 20 examples about social media27 facts and 20 examples about social media
27 facts and 20 examples about social media
 
GOTRIbal 2010 summary angel forum boulder
GOTRIbal 2010 summary angel forum boulderGOTRIbal 2010 summary angel forum boulder
GOTRIbal 2010 summary angel forum boulder
 
The Who's Who of the Internet
The Who's Who of the InternetThe Who's Who of the Internet
The Who's Who of the Internet
 
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing Summit
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing SummitCarolyn Childs’ Presentation at Mumbrella’s Travel Marketing Summit
Carolyn Childs’ Presentation at Mumbrella’s Travel Marketing Summit
 
Social Media Case Studies From The Middle East: The Good, The Bad & The Ugly
Social Media Case Studies From The Middle East: The Good, The Bad & The UglySocial Media Case Studies From The Middle East: The Good, The Bad & The Ugly
Social Media Case Studies From The Middle East: The Good, The Bad & The Ugly
 
The 20 best social media campaigns
The 20 best social media campaignsThe 20 best social media campaigns
The 20 best social media campaigns
 
Breaking into the market the story of Malaguti USA
Breaking into the market the story of Malaguti USABreaking into the market the story of Malaguti USA
Breaking into the market the story of Malaguti USA
 
Timberland: Social media case study, presented by Frank Hwang
Timberland: Social media case study, presented by Frank HwangTimberland: Social media case study, presented by Frank Hwang
Timberland: Social media case study, presented by Frank Hwang
 
Best social media campaign
Best social media campaignBest social media campaign
Best social media campaign
 
situation analysis
situation analysissituation analysis
situation analysis
 
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015
trendwatching.com's 10 AFRICAN CONSUMER TRENDS FOR 2015
 

Viewers also liked

Années 50
Années 50Années 50
Années 50pablosal14
 
Digipak analysis
Digipak analysisDigipak analysis
Digipak analysisMediaEdWright
 
_Materials__Jus_Cogens_status_ex1__Final_
_Materials__Jus_Cogens_status_ex1__Final__Materials__Jus_Cogens_status_ex1__Final_
_Materials__Jus_Cogens_status_ex1__Final_Anthony Richard
 
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.Anthony Richard
 
humanitarian civil-military coordination.
humanitarian civil-military coordination.humanitarian civil-military coordination.
humanitarian civil-military coordination.Anthony Richard
 
Discovering Vulnerabilities For Fun and Profit
Discovering Vulnerabilities For Fun and ProfitDiscovering Vulnerabilities For Fun and Profit
Discovering Vulnerabilities For Fun and ProfitAbhisek Datta
 
cheryl cv final 121016
cheryl cv final 121016cheryl cv final 121016
cheryl cv final 121016Cheryl Lee
 
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONS
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONSIHL AND IHRL IN THE EU MULTINATIONAL OPERATIONS
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONSAnthony Richard
 
MReese_AmbassadorReport
MReese_AmbassadorReportMReese_AmbassadorReport
MReese_AmbassadorReportMallory L. Reese
 
RUNWAY MAGAZINE mini series
RUNWAY MAGAZINE mini seriesRUNWAY MAGAZINE mini series
RUNWAY MAGAZINE mini seriesEleonora de Gray
 
The Evolution of Application Release Automation
The Evolution of Application Release AutomationThe Evolution of Application Release Automation
The Evolution of Application Release AutomationJules Pierre-Louis
 

Viewers also liked (12)

Années 50
Années 50Années 50
Années 50
 
Digipak analysis
Digipak analysisDigipak analysis
Digipak analysis
 
_Materials__Jus_Cogens_status_ex1__Final_
_Materials__Jus_Cogens_status_ex1__Final__Materials__Jus_Cogens_status_ex1__Final_
_Materials__Jus_Cogens_status_ex1__Final_
 
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.
DevelopHumanRightsPolicy_ON BUSINESS AND HUMAN RIGHTS.
 
humanitarian civil-military coordination.
humanitarian civil-military coordination.humanitarian civil-military coordination.
humanitarian civil-military coordination.
 
Discovering Vulnerabilities For Fun and Profit
Discovering Vulnerabilities For Fun and ProfitDiscovering Vulnerabilities For Fun and Profit
Discovering Vulnerabilities For Fun and Profit
 
cheryl cv final 121016
cheryl cv final 121016cheryl cv final 121016
cheryl cv final 121016
 
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONS
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONSIHL AND IHRL IN THE EU MULTINATIONAL OPERATIONS
IHL AND IHRL IN THE EU MULTINATIONAL OPERATIONS
 
MReese_AmbassadorReport
MReese_AmbassadorReportMReese_AmbassadorReport
MReese_AmbassadorReport
 
RUNWAY MAGAZINE mini series
RUNWAY MAGAZINE mini seriesRUNWAY MAGAZINE mini series
RUNWAY MAGAZINE mini series
 
Questionnaire
QuestionnaireQuestionnaire
Questionnaire
 
The Evolution of Application Release Automation
The Evolution of Application Release AutomationThe Evolution of Application Release Automation
The Evolution of Application Release Automation
 

Similar to M.ReeseRidetheWave

Future of Good Executive Summary
Future of Good Executive SummaryFuture of Good Executive Summary
Future of Good Executive SummaryConspiracyofLove
 
Fashion
FashionFashion
Fashionwiegy1
 
Fashion3
Fashion3Fashion3
Fashion3wiegy1
 
Fashion
FashionFashion
Fashionwiegy1
 
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docx
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docxCORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docx
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docxfaithxdunce63732
 
Unit VII Case Study MelissaFor this assignment, complete the.docx
Unit VII Case Study MelissaFor this assignment, complete the.docxUnit VII Case Study MelissaFor this assignment, complete the.docx
Unit VII Case Study MelissaFor this assignment, complete the.docxmarilucorr
 
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...Deborah Weinswig
 
Lofty Ambitions: ANN's Response to Zara's Fast Fashion
Lofty Ambitions: ANN's Response to Zara's Fast Fashion Lofty Ambitions: ANN's Response to Zara's Fast Fashion
Lofty Ambitions: ANN's Response to Zara's Fast Fashion Reggie Aspelund
 
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docx
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docxPage 1 of 1 Foundations of Sustainable Business ©2013 Ar.docx
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docxgerardkortney
 
case study which contains 3 questions.docx
case study which contains 3 questions.docxcase study which contains 3 questions.docx
case study which contains 3 questions.docxwrite12
 
case study which contains 3 questions.docx
case study which contains 3 questions.docxcase study which contains 3 questions.docx
case study which contains 3 questions.docxstudywriters
 
Women Next (Executive Summary)
Women Next (Executive Summary)Women Next (Executive Summary)
Women Next (Executive Summary)blaiq
 
Brong environmental analysis
Brong environmental analysis Brong environmental analysis
Brong environmental analysis JordanBrong
 
public relations 1 karsh
public relations 1 karshpublic relations 1 karsh
public relations 1 karshKaarshini Bhandari
 
Get Advertising Smart - Be Bold for Change
Get Advertising Smart - Be Bold for ChangeGet Advertising Smart - Be Bold for Change
Get Advertising Smart - Be Bold for Changeemmersons1
 
Fashion grp 4 asses 2a
Fashion grp 4 asses 2aFashion grp 4 asses 2a
Fashion grp 4 asses 2awiegy1
 
F jwt the-state-of-men_trend-report_06.04.13
F jwt the-state-of-men_trend-report_06.04.13F jwt the-state-of-men_trend-report_06.04.13
F jwt the-state-of-men_trend-report_06.04.13Grzegorz Kosson
 
Women in STEM Summit
Women in STEM SummitWomen in STEM Summit
Women in STEM SummitDeborah Weinswig
 
Investing in Women-Led Startups
Investing in Women-Led StartupsInvesting in Women-Led Startups
Investing in Women-Led StartupsDeborah Weinswig
 
Contagious Now, Next, Why
Contagious Now, Next, Why Contagious Now, Next, Why
Contagious Now, Next, Why Iris
 

Similar to M.ReeseRidetheWave (20)

Future of Good Executive Summary
Future of Good Executive SummaryFuture of Good Executive Summary
Future of Good Executive Summary
 
Fashion
FashionFashion
Fashion
 
Fashion3
Fashion3Fashion3
Fashion3
 
Fashion
FashionFashion
Fashion
 
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docx
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docxCORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docx
CORPORATIONS, SOCIETY, & STAKEHOLDERS1. Corporations, Society, a.docx
 
Unit VII Case Study MelissaFor this assignment, complete the.docx
Unit VII Case Study MelissaFor this assignment, complete the.docxUnit VII Case Study MelissaFor this assignment, complete the.docx
Unit VII Case Study MelissaFor this assignment, complete the.docx
 
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
“Compete to Succeed: Investing in Women-Led Startups.” Women in STEM Summit, ...
 
Lofty Ambitions: ANN's Response to Zara's Fast Fashion
Lofty Ambitions: ANN's Response to Zara's Fast Fashion Lofty Ambitions: ANN's Response to Zara's Fast Fashion
Lofty Ambitions: ANN's Response to Zara's Fast Fashion
 
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docx
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docxPage 1 of 1 Foundations of Sustainable Business ©2013 Ar.docx
Page 1 of 1 Foundations of Sustainable Business ©2013 Ar.docx
 
case study which contains 3 questions.docx
case study which contains 3 questions.docxcase study which contains 3 questions.docx
case study which contains 3 questions.docx
 
case study which contains 3 questions.docx
case study which contains 3 questions.docxcase study which contains 3 questions.docx
case study which contains 3 questions.docx
 
Women Next (Executive Summary)
Women Next (Executive Summary)Women Next (Executive Summary)
Women Next (Executive Summary)
 
Brong environmental analysis
Brong environmental analysis Brong environmental analysis
Brong environmental analysis
 
public relations 1 karsh
public relations 1 karshpublic relations 1 karsh
public relations 1 karsh
 
Get Advertising Smart - Be Bold for Change
Get Advertising Smart - Be Bold for ChangeGet Advertising Smart - Be Bold for Change
Get Advertising Smart - Be Bold for Change
 
Fashion grp 4 asses 2a
Fashion grp 4 asses 2aFashion grp 4 asses 2a
Fashion grp 4 asses 2a
 
F jwt the-state-of-men_trend-report_06.04.13
F jwt the-state-of-men_trend-report_06.04.13F jwt the-state-of-men_trend-report_06.04.13
F jwt the-state-of-men_trend-report_06.04.13
 
Women in STEM Summit
Women in STEM SummitWomen in STEM Summit
Women in STEM Summit
 
Investing in Women-Led Startups
Investing in Women-Led StartupsInvesting in Women-Led Startups
Investing in Women-Led Startups
 
Contagious Now, Next, Why
Contagious Now, Next, Why Contagious Now, Next, Why
Contagious Now, Next, Why
 

M.ReeseRidetheWave

  • 1. RIDE THE WAVE Good surfers know that in order to ride a wave, they need to see the wave before it appears, and catch the wave before it breaks. Within the out- door industry, the women’s market stands as an avenue with a large potential for growth. Cur- rent trends suggest a wave of young, adven- turous females moving into decision making roles could dramatically change the outdoor industry. RISE OF THE SHE-VENTURERS Although men still outnumber women in participation in out- door recreation, in recent years, overall female participation has seen a steady increase. From 2009-2014, women’s participation grew by 3%.2 But, what is more compel- ling is an analysis of the millennial generation. Females aged 19-24 now far outnumber their male counterparts by 18% and are the fastest growing sector of outdoor enthusiasts.3 In the next five years, these women will become deci- sion makers in their households; they will enter the workforce, they will control the majority of family purchases, and they will be responsi- ble for raising the next generation of outdoor enthusiasts. Unfortunately, many outdoor companies rely on the simple and ineffective “shrink it and pink it” approach— a strategy where products and services are only superficially adapted for a women’s needs. If the outdoor industry hopes to “catch the wave” of millennial women, it needs to adapt now. In the US, women decide 85% of consumer purchases. This amounts to $7 trillion spent annually.1 To remain competitive, outdoor companies need to design better products and engage female customers in unique ways. And, if the industry wants to accelerate growth, it needs to hire more women. “NO MORE BARBIE GEAR”4 Attracting women consumers starts with prod- uct design. The market for women’s clothing and equipment has grown immensely—from 2002 to 2004 sales for women’s-specific cloth- ing and equipment jumped by 60%. In compar- ison men’s and unisex clothing grew by a mere 4%. 5 Designing products for women is a balancing act. Women consumers present a unique chal- lenge because they want products to be both functional and fashionable. To best meet the needs of female consumers, designers should keep in mind two principles. First, functionality stems from making changes that fit a woman’s body. For example, Tubbs Snowshoes saw a 300% increase in its women’s market after mak- ing two simple changes: (1) modifying bindings to better fit women’s boots and (2) changing the frame shape to allow for women’s shorter strides.6 Second, “fashionable” does not always equate to more feminine prints or colors. Companies like Lululemon have excelled in the wom- en’s market because of a focus on more relevant modifi- cations includ- Figure 1. Examples of the “shrink it and pink it approach.”13 HOW ADVENTUROUS FEMALE MILLENIALS WILL CHANGE THE OUTDOOR INDUSTRY
  • 2. ing flattering clothing cuts, high quality fabrics, and attention to detail (stitching, fasteners, and zippers). These elements make Lululemon’s products appropriate for both an early morning workout or a night out on the town. Companies that skillfully combine fashion with functionality will acquire a loyal following of female customers. GIRLS DAY OUT Meeting the needs of female consumers doesn’t end with product design. Companies can engage female customers by providing opportunities for women to use the products they sell. The Outdoor Industry Foundation found that one of the key barriers to women’s participa- tion in the outdoors was inexperience. Thir- ty-four percent of women felt they didn’t have the know-how needed for outdoor activities.5 To help women feel confident participating in the outdoors, companies like REI and L.L. Bean offer “Women’s-Only Adventures.” Their events include courses in stand-up paddleboarding, fly fishing, rock climbing, mountain biking, and shotgun sports. These programs help women learn valuable skills and meet inspiring mentors. But, more importantly, the events help build brand equity and develop a base of loyal female customers. HIRE MORE WOMEN Ultimately, to make lasting changes, companies will benefit from hiring more female profes- sionals. Women working in the outdoor indus- try can provide the insight necessary to reach the powerful sector of women consumers. In an article published in SGB Weekly (an out- door retail journal), president of Burton Snow- boards Donna Burton Carpenter highlighted the lack of women leaders in the outdoor industry. She remarked, “90 percent of the resumes we get are from men. Even at Roxy [a female-spe- cific outdoor apparel company], the president and the VP of marketing and sales are all men. Columbia’s entire senior management team is men. As an industry, we are pretty male-dominated.”7 Yet multiple studies show that companies with more women in leadership positions have superior financial performance. Catalyst, a nonprofit organization that promotes women and business, studied 353 Fortune 500 companies over 5 years. Companies with the most women in senior management positions had a 35% higher return on equity.9 Researchers from Carnegie Melon and MIT studying teamwork had similar findings—the highest performing groups were also those with the most women.10 The outdoor industry is moving in the right direction. In 2013, a team of female manufac- turing engineering students at Brigham Young University designed a line of women’s-specific outdoor lighting products for Black Diamond, which specializes in rock climbing and back- country ski gear. Bryan Howell, the professor How big is the outdoor industry? It generates $646 billion in annual sales—nearly double what Americans spent on gasoline, household utilities, and pharmaceuticals in 2010.8 Figure 2.: Women’s -only adventures build confidence and brand equity.13
  • 3. ACTION TIP To join other leaders in the outdoor industry in furthering women’s leadership visit: http://www.oiwc.org/page/pledge directing the project explained that Black Diamond is a traditionally “testosterone-driv- en” company. Howell said the “estrogenized” designs showed the innovation, quality, and creativity that come when products are de- signed for women, by women.11 More recently, in January of 2015, the CEO’s of 14 outdoor retailers including REI, Backcountry. com, and Patagonia signed a pledge to “accel- erate women’s leadership in their companies.” The pledge was accompanied with a $1.5 mil- lion grant from REI to the Outdoor Industries Women’s Coalition to carry out pledge objec- tives.12 RIDE THE WAVE The steps companies take now to prepare for the flood of female consumers could determine whether outdoor companies “ride the wave” or get sucked into the surf. Improving wom- en’s-specific product designs and developing unique approaches to engaging female consum- ers will help companies get ahead of the tide. Hiring more female professionals will further solidify industry efforts to suceed in the out- door women’s market. References: 1) ) Daniela Yu, Linda Lyons, Amy Adkins, “Unleashing the Power of the Purse,” Gallup Business Journal, October 17, 2014, www.gallup.com/businessjournal, accessed October 2015. 2) Compiled from: “Outdoor Participation Report” 2009-2014, The Outdoor Industry Foundation, www.outdoorfoundation.org, accessed October 2015. 3) “Outdoor Participation Report 2014”, The Outdoor Industry Foundation, 2014, www. outdoorfoundation.org, accessed October 2015. 4) Meaghen Brown, Axie Navas, “No More Barbie Gear,” Outside, March 13, 2015, www. outsideonline.com, accessed December 2015. 5) “Getting<Women<Active,” The Outdoor Industry Foundation, www.outdoorfounda- tion.org, accessed November 2015. 6) Lisa Johnson, “Beyond Pink Thinking,” Outdoor Industry Special Edition, www. outdoorfoundation.org, accessed November 2015. 7) Cara Griffin. “Don’t Stop Now,” SGB, March 2015, Business Source Premier, accessed November 2015. 8) “The Outdoor Recreation Economy,” Outdoor Industry Association, 2012, www. outdoorindustry.org, accessed October 2015. 9) “The Bottom Line: Connecting Corporate Performance and Gender Diversity,” Cata- lyst, 2004, BMO Financial Group, www.catalyst.org, accessed December 2015. 10) Anita Woolley, Thomas W. Malone, Christopher F. Chabris, “Why Some Teams are Smarter than Others,” New York Times, January 16, 2015, www.nytimes.com, accessed December 2015. 11) Alisha Gallagher, “Industrial design students light the future for female adventur- ers,” BYU News Release, April 10, 2013, www.news.byu.edu, accessed October 2015. 12) “CEOs Sign OIWC Pledge to Advance Women’s Leadership in the Outdoor Industry,” news release, January 23, 2015, on REI Co-Op Website, www.newsroom.rei.com, accessed December 2015. 13) Image Credits--waves drawings: http://www.alschutzman.com/2010gsigirls/Images/ Waves.png ; Fig, 1: http://www.rhythmsnowsports.com.au/2015-volkl-one-pink-skis. html, http://www.luggagepros.com/mfgr_High--Sierra/classic-2-series?cat26=260, http://www.backcountry.com/mammut-mtr-201-trail-running-shoe-womens; Fig. 2: http://www.llbean.com/llb/event/83618?page=womens-only-introduc- tion-to-stand-up-paddleboarding-course. Mallory Reese is a pre-marketing major at Brigham Young University. She’s an avid outdoorswoman with a passion for business. She can be reached at malloryrun@gmail.com