Strategy Development
Objective
Develop a 3-year Event Marketing strategy for Marshalls and TJ-Maxx to reach Hispanic consumers and:
- Increase Brand Awareness and Improve Brand Equity
- Drive retail traffic and therefore sales
- Create community goodwill
Process
- Conducted a business assessment to understand existing Hispanic marketing and identify gaps
- Conducted focus groups to understand current perceptions of Marshalls among the target
- Identified key consumer insights, both with respect to Marshalls and the overall apparel category
- Developed a Hispanic Creative Strategy to act as the foundation of all future marketing efforts
- Developed a 3-year plan, including tactical recommendations
Result
- Final recommendation presented to Senior Management and received very favorably
- Currently in the process of 2006 implementation
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