Situational Analysis
Christine Ryan, Catherine Tucci, Vicky Mulé, Brittany Carmona
Executive Summary
Marist Brand Mission Statement:
“Our mission is to create an exclusive collegiate brand that combines current trends with the
culture of Marist College, while utilizing the talents of the Marist Fashion Program.”
● Overall brand positioning campaign (Brand awareness)
Company Information:
● Sold? Director? Founded? Inspiration?
● Special emphasis on Hudson River Valley/Contemporary Trends
○ Marist Archives: travels of Lowell Thomas, Greystone, rowing
Executive Summary
Growth of the Marist Brand
Marist Brand successes include:
● $65,000 revenue last year
● Particularly successful piece: Marist Alex and Ani bracelet (897 units sold)
Products/Services
● Clothing not limited to athletic wear, private-label brand
● Men, women and children’s/infant clothing
● Accessories: jewelry, cufflinks, dorm accessories
Future plans
● e-commerce site, on-campus store location, Marist Brand social media accounts
SWOT Analysis
Strengths
● Developed and cultivated by students
● Brand reflects history of the Hudson Valley
● More stylish than competition
● Superior materials/fabrics
● Clearly identified target markets
● Products are purchased on campus (convenient
for students & faculty/administrators)
Weaknesses
● More expensive than competition
● Lacking an ecommerce site
● Lacking social media presence
● Men’s clothing isn’t considered “manly”
● Struggling to create brand concept
● Unsure of target markets’ perceptions of the brand
Opportunities
● Giving information about products outside of
store hours: ecommerce site
● Creating a catalog of products to distribute to
target markets
● Establishing a social media presence
● Legally trademarking the Marist Brand name
Threats
● Marist Bookstore & GoRedFoxes.com sell Marist
apparel and accessories with Marist logo
● Expensive:The brand does not leverage
discounts/coupons while competition does
● Lower quality brands with better price points
○ Customers might disregard price/value
relationship
Competition
● Marist Bookstore
● GoRedFoxes.com
● Maristgear.com
● Fox Head
● Any brand with the Marist “look”
Millennials (Students)
What defines a Millennial?
● Prizm group: Young Influentials: Midscale Middle Age w/o Kids
Demographics
● 18-34 years old
● Educated; 54% of generation has at least some college education
● Students, recently graduated/looking for jobs, just starting their careers or young parents
● Likely to live with a parent, partner or roommate
Psychographics (Lifestyle, Behavior & Attitudes)
● “Millennials don’t simply use gadgets - they’ve fused their social lives into them”
○ 3//4 of Millennials have social networking accounts
● Respond to engagement between brand and consumer
● Family is important - they get along with their parents and value good parenting
● Adventurous
Gen-X (Faculty & Administrators)
What defines a Gen-Xer?
● Prizm group: New Homesteaders: Upper Mid Younger w/ Kids
Demographics
● 35-50 years old
○ Born between 1965-1981
● Likely married and raising children
Psychographics (Lifestyle, Behavior & Attitudes)
● Value family and children
● Value independence
● 80% of Gen Xers are online
○ Online shopping
○ Digital video streaming (78.7% download/stream video once per month)
Baby Boomers (Alumni)
What defines a Baby Boomer?
● Prizm group: New Empty Nests: Upper Mid Mature w/o Kids
Demographics
● Ages 51-69
● Largest generation
● College educated
○ 69% of those retired, work again
Psychographics (Lifestyle, Behavior & Attitudes)
● Tech-savvy
● After retirement: Active lifestyle and home improvement
● Have and spend money
● While only 3-5% of marketing targets boomers…
○ Brand/ad friendly
○ Easily reached
Primary Research Questions
● What are the attitudes, behaviors and perceptions of the three target markets?
○ Shopping habits and perception of Marist Brand
● Is there a disparity between male and female students’ perceptions of the brand? What
are the differences?
● Which products are the most popular among each of the three consumer groups? What
kind of new products will appeal to each segment ?
● Would it be beneficial to incorporate more of the student body in branding efforts?
Example: utilizing marketing and/or graphic design students

River&stone project situational analysis

  • 1.
    Situational Analysis Christine Ryan,Catherine Tucci, Vicky Mulé, Brittany Carmona
  • 2.
    Executive Summary Marist BrandMission Statement: “Our mission is to create an exclusive collegiate brand that combines current trends with the culture of Marist College, while utilizing the talents of the Marist Fashion Program.” ● Overall brand positioning campaign (Brand awareness) Company Information: ● Sold? Director? Founded? Inspiration? ● Special emphasis on Hudson River Valley/Contemporary Trends ○ Marist Archives: travels of Lowell Thomas, Greystone, rowing
  • 3.
    Executive Summary Growth ofthe Marist Brand Marist Brand successes include: ● $65,000 revenue last year ● Particularly successful piece: Marist Alex and Ani bracelet (897 units sold) Products/Services ● Clothing not limited to athletic wear, private-label brand ● Men, women and children’s/infant clothing ● Accessories: jewelry, cufflinks, dorm accessories Future plans ● e-commerce site, on-campus store location, Marist Brand social media accounts
  • 4.
    SWOT Analysis Strengths ● Developedand cultivated by students ● Brand reflects history of the Hudson Valley ● More stylish than competition ● Superior materials/fabrics ● Clearly identified target markets ● Products are purchased on campus (convenient for students & faculty/administrators) Weaknesses ● More expensive than competition ● Lacking an ecommerce site ● Lacking social media presence ● Men’s clothing isn’t considered “manly” ● Struggling to create brand concept ● Unsure of target markets’ perceptions of the brand Opportunities ● Giving information about products outside of store hours: ecommerce site ● Creating a catalog of products to distribute to target markets ● Establishing a social media presence ● Legally trademarking the Marist Brand name Threats ● Marist Bookstore & GoRedFoxes.com sell Marist apparel and accessories with Marist logo ● Expensive:The brand does not leverage discounts/coupons while competition does ● Lower quality brands with better price points ○ Customers might disregard price/value relationship
  • 5.
    Competition ● Marist Bookstore ●GoRedFoxes.com ● Maristgear.com ● Fox Head ● Any brand with the Marist “look”
  • 6.
    Millennials (Students) What definesa Millennial? ● Prizm group: Young Influentials: Midscale Middle Age w/o Kids Demographics ● 18-34 years old ● Educated; 54% of generation has at least some college education ● Students, recently graduated/looking for jobs, just starting their careers or young parents ● Likely to live with a parent, partner or roommate Psychographics (Lifestyle, Behavior & Attitudes) ● “Millennials don’t simply use gadgets - they’ve fused their social lives into them” ○ 3//4 of Millennials have social networking accounts ● Respond to engagement between brand and consumer ● Family is important - they get along with their parents and value good parenting ● Adventurous
  • 7.
    Gen-X (Faculty &Administrators) What defines a Gen-Xer? ● Prizm group: New Homesteaders: Upper Mid Younger w/ Kids Demographics ● 35-50 years old ○ Born between 1965-1981 ● Likely married and raising children Psychographics (Lifestyle, Behavior & Attitudes) ● Value family and children ● Value independence ● 80% of Gen Xers are online ○ Online shopping ○ Digital video streaming (78.7% download/stream video once per month)
  • 8.
    Baby Boomers (Alumni) Whatdefines a Baby Boomer? ● Prizm group: New Empty Nests: Upper Mid Mature w/o Kids Demographics ● Ages 51-69 ● Largest generation ● College educated ○ 69% of those retired, work again Psychographics (Lifestyle, Behavior & Attitudes) ● Tech-savvy ● After retirement: Active lifestyle and home improvement ● Have and spend money ● While only 3-5% of marketing targets boomers… ○ Brand/ad friendly ○ Easily reached
  • 9.
    Primary Research Questions ●What are the attitudes, behaviors and perceptions of the three target markets? ○ Shopping habits and perception of Marist Brand ● Is there a disparity between male and female students’ perceptions of the brand? What are the differences? ● Which products are the most popular among each of the three consumer groups? What kind of new products will appeal to each segment ? ● Would it be beneficial to incorporate more of the student body in branding efforts? Example: utilizing marketing and/or graphic design students