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Does your brand have a retail strategy?
currently, it's outlet only, but the long-term goal is to have all our major brands bee able to support their own full-price retail stores.
yes, usually an after thought, yet times are changing. Progressive brands are making critical changes to and making retail one of the first steps.
n/a agency
Though it is somewhat antiquated
Not yet.
In development. Deemed as a business critical issue.
Trying to develop one. That's what happens when the market compels a brand to come kicking and screraming to the table. But that's the bulk of contemporary brand management: untrained, arrogant, and out-of-touch. (sound-bite central, eh Tim!).
some of my clients do have a strategy, some don't.
Doesn't apply directly. But it's something I devote my time to encouraging for my clients
We offer advanced degrees, retail doesn't make sense.
Obviously, you are gone sell us the great book or marketing service toward the brand new retail strategy? If so just give one sample for free.
I am brand practitioner not manufacturer or retailer
As a new, small company...it's a loose and evolving plan at best. More than anything its a gut feeling about how the consumer relationship should feel and how best to foster that feeling.
Client brands all have retail strategies in our agency we help them develop this.
Our retail strategy is to sell to upper-middle and upper market department stores, hotels, salons, apothecaries and spas.
As an ad agency, we're woefully poor about managing our own brand. "Physician, heal thyself."
na
We have retail objectives and tactics - we sort of skipped over the strategy part
despite the bluster and sabre rattling, no. the power base at the moment is in the sales organization. This results in lots of short-term retail "fixes" and number generating tactics. The whole mindset of long-term brand building has become a prefix for "those were the good old days".
We try but it comes out less effective since we dilute our equity across retailers trying to do so many different things. I believe we end up with too many messages to the consumer.
Yes, but inconsistant.
not yet but we will have to work on one
I work for an ad agency and therefore represent numerous brands. Some have strong retail strategies because they understand the value and have allocated the money to do so.
Showrooms across NA tightly branded for consistent experiences yet sensitive to regional differences/needs.
we're a service brand, so there's no retail component. but our clients don't often seem to have a retail strategy beyond getting wide distribution.
work in progress
Use of instore POS
We are an online retailer; we do carefully manage our brand and that of our vendors.