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Generation X                Group 6
Born between   Nicolas Tassopoulos
1967-1979       Mona Mohammad
                       Chris Somos
                     Iouri Vorobiev
                    Shadab Zaman
1.   Introduction to Generation X
2.   Analysis/Characteristics of Gen X
3.   Introduction to Mark’s Work Warehouse
4.   Internal Consumer Behaviour Audit
5.   SWOT Analysis
6.   Competitive Review
7.   Alternative Strategies
8.   Conclusion/Questions
• Generation X: Born between 67’ and 79’
  – 6.5 million Canadians
  – Smack in the middle
• Term was coined in 1964
• Became popular in the 90’s
• Very influential subculture
• Compositions of households
  – Marital status
  – Social/Class Structure
• Advertising
  – Effects on Gen X
  – Lack of Trust
  – Direct Shopping Experiences
• Global Perspective
• Social and Marital Status
   – Different roles in the household
   – Decision Makers
• Boomerangers
   – Men Vs. Women
   – Money and relationships
   – Discretionary items
   – Contribute in household decisions
• Typical household decision maker
• Technological Advancement
   – Technological change
   – Technology a part of daily routine
   – Created a need for technology
• Influence on the market
   – Online shopping
   – Google, YouTube, and Amazon
• Durability over designer labels
  – Targets a conservative market
• Mark’s Work Wearhouse
  – Targets working individuals
  – Does not spend millions on advertising
  – Clothing that is meant to be worn
  – Wrinkle free shirt
• Mark’s employs Vision Critical
• Research methods include:
Focus Groups
Depth Interviews
Ethnographic research
• Mark’s value proposition
  speaks to Generation Xers
• Consolidated targeting efforts
  on Gen X in early 2000s
• Strategy of innovation is here
  to stay
In the Marketing Mix
• Innovative products
• Excellent value proposition
• Honed distribution; both
  physical and online
• Targeted promotion to support
  the other 3 Ps
Business Performance




*Courtesy of Canadian Tire Annual Reports 2007-2009

• 80% of sales can be attributed
  to persons aged 30-50
• Most recent campaign’s results
  “very positive”
• Measured through proprietary
  analysis of data including;
 Exposures
 Web Analytics
 Loyalty Sign Ups
 Sales
Strengths
Innovation
Socially Responsible
Weaknesses
Increased Expenditure
Product Assortment
Opportunity
Market Trend
Outsourcing
Threat
Market Obsolescence Risk
Competition
Marks
  – Largest Industrial apparel and
    footwear retailer
  – Second largest pants & jeans retailer
  – Sixth largest women’s apparel retailer
Reitman’s
Sears
• Women; 25-45
• 370 locations
• Leading retailer of women’s
  apparel and outerwear
• Everybody, every body
• Self-image
•   Men and Women; 25-45
•   122 Full-line department stores
•   Number one department store
•   Several brands; several strategies
•   Ideal-self
•   Models
Celebrity Endorsement
Increase brand awareness
Differentiate among similar
  products
Product Placement
Change purchase intention
Wider exposure
• Generation Xers are united as a subculture
  – Thrift of time
  – Financial resources
  – Eye for value
• Mark’s capitalizes on Gen Xers
• Excels in innovation versus competition
• Future expansion utilizing successful
  foundation of Gen X consumers
Mark's Work Wearhouse Presentation Slides

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Mark's Work Wearhouse Presentation Slides

  • 1. Generation X Group 6 Born between Nicolas Tassopoulos 1967-1979 Mona Mohammad Chris Somos Iouri Vorobiev Shadab Zaman
  • 2. 1. Introduction to Generation X 2. Analysis/Characteristics of Gen X 3. Introduction to Mark’s Work Warehouse 4. Internal Consumer Behaviour Audit 5. SWOT Analysis 6. Competitive Review 7. Alternative Strategies 8. Conclusion/Questions
  • 3. • Generation X: Born between 67’ and 79’ – 6.5 million Canadians – Smack in the middle • Term was coined in 1964 • Became popular in the 90’s • Very influential subculture
  • 4.
  • 5. • Compositions of households – Marital status – Social/Class Structure • Advertising – Effects on Gen X – Lack of Trust – Direct Shopping Experiences • Global Perspective
  • 6. • Social and Marital Status – Different roles in the household – Decision Makers • Boomerangers – Men Vs. Women – Money and relationships – Discretionary items – Contribute in household decisions • Typical household decision maker
  • 7. • Technological Advancement – Technological change – Technology a part of daily routine – Created a need for technology • Influence on the market – Online shopping – Google, YouTube, and Amazon
  • 8. • Durability over designer labels – Targets a conservative market • Mark’s Work Wearhouse – Targets working individuals – Does not spend millions on advertising – Clothing that is meant to be worn – Wrinkle free shirt
  • 9. • Mark’s employs Vision Critical • Research methods include: Focus Groups Depth Interviews Ethnographic research
  • 10. • Mark’s value proposition speaks to Generation Xers • Consolidated targeting efforts on Gen X in early 2000s • Strategy of innovation is here to stay
  • 11. In the Marketing Mix • Innovative products • Excellent value proposition • Honed distribution; both physical and online • Targeted promotion to support the other 3 Ps
  • 12. Business Performance *Courtesy of Canadian Tire Annual Reports 2007-2009 • 80% of sales can be attributed to persons aged 30-50
  • 13. • Most recent campaign’s results “very positive” • Measured through proprietary analysis of data including;  Exposures  Web Analytics  Loyalty Sign Ups  Sales
  • 16. Marks – Largest Industrial apparel and footwear retailer – Second largest pants & jeans retailer – Sixth largest women’s apparel retailer Reitman’s Sears
  • 17. • Women; 25-45 • 370 locations • Leading retailer of women’s apparel and outerwear • Everybody, every body • Self-image
  • 18.
  • 19. Men and Women; 25-45 • 122 Full-line department stores • Number one department store • Several brands; several strategies • Ideal-self • Models
  • 20.
  • 21. Celebrity Endorsement Increase brand awareness Differentiate among similar products Product Placement Change purchase intention Wider exposure
  • 22. • Generation Xers are united as a subculture – Thrift of time – Financial resources – Eye for value • Mark’s capitalizes on Gen Xers • Excels in innovation versus competition • Future expansion utilizing successful foundation of Gen X consumers