This document summarizes Samantha Goldberg's digital strategy presentation for H&M. It discusses H&M's background as a global fast fashion retailer and competitors. The new campaign will focus on listing the total cost of outfits compared to single items. The target audience is teens, young adults, and professionals looking to stay on-trend affordably. Key performance indicators include increasing sales and items per purchase. The digital strategy will utilize social media, blogging, photos and contests while connecting platforms to the website. The estimated 2013 digital budget is $720,000.
2. H&M BACKGROUND
Fast fashion global
retailer
On trend and
affordable
Operates
approximately 2,200
stores in 40 markets
Main competitors are
Zara and TopShop
3. NEW AND IMPROVED CAMPAIGN
“Facelift” to the
current campaign
Listing total cost of
the head-to-toe
look Vs. one
specific item
4. TARGET AUDIENCE
Men and women looking
to stay on trend on a
budget
Teens
Young adults
Young business
professionals
“One stop shop”
destination
5. KPI
Determine success by
comparing the new
campaign to the old one
Increase sales by
increasing items
purchased per sale
Will use the total sales
for 2012 of $120,799 as
a benchmark
6. BIG IDEA
Consumers and
non-consumers
can already
recognize an
H&M
advertisement
Fits within and
stays true to
H&M’s brand
image
7. TOOLS AND TACTICS
All major social media platforms
Company profile and advertisements
Stay active in the industry and connected to
consumers
Blogging
Post photos
Contests
8. TOOLS AND TACTICS
Connect all social media platforms to one
another
Create traffic to company website
Promote celebrity endorsers and collaborative
designers
Innovative and fast pace
9. BUDGET
2012 gross profit: $11,168 million
Average cost of a single ad campaign
ranges from $200,000 to $400,000
Estimated budget for advertising in 2013
is between $25 and $30 million
Estimated digital strategy budget for
2013 is $720,000
10. SUMMARY
Truly fits H&M’s brand
image
Important to not
completely change the
company’s current
strategy
Stay innovative and
competitive
A driving force that
encourages customers to
visit the store and
purchase more items per
visit