Showing posts with label Positioning. Show all posts
Showing posts with label Positioning. Show all posts
Monday, September 23, 2013
Stockout on Purpose?
(9/23/2013) Do you think sometimes business let stockout happen on purpose? Yes, it can be. Lululemon "circuitously admitted" that the plus-size clothes do not belong to their target market. Plus size customers cannot easily find their clothes in Lululemon because there is not much in their stock. If you are lululemon's customer, have you noticed that there is no much plus-size clothes there? Is this market positioning a correct strategy to business? What about Lane Bryant's targeting on plus-size market?
Monday, January 28, 2013
Business Positioning Is Difficult to Change
(1/28/2013) Business positioning is difficult to change, especially for a low-end brand. JC Penney is known for their discounts and sales. However, this company changed that policy one year ago and customers are not buying it. After a disappointing year and a loss of bargain searching shoppers, JC Penney is returning to its aggressive discounts.
The winner: consumers.
Footnote: The current CEO, Ron Johnson, is ousted today (4/8/2013). It's obvious that it's no-sales strategy costed his job. Not a surprise.
This is another WOW. JC Penney launch an "apology" video to their old customers on youtube.
"It's no secret, recently JCPenney changed. Some changes you liked and some you didn't, but what matters from mistakes is what we learn. We learned a very simple thing, to listen to you. To hear what you need, to make your life more beautiful. Come back to JCPenney, we heard you. Now, we'd love to see you."
| (CC) |
The winner: consumers.
Footnote: The current CEO, Ron Johnson, is ousted today (4/8/2013). It's obvious that it's no-sales strategy costed his job. Not a surprise.
This is another WOW. JC Penney launch an "apology" video to their old customers on youtube.
"It's no secret, recently JCPenney changed. Some changes you liked and some you didn't, but what matters from mistakes is what we learn. We learned a very simple thing, to listen to you. To hear what you need, to make your life more beautiful. Come back to JCPenney, we heard you. Now, we'd love to see you."
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