Peerceptiv #5

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University of Nevada, Reno *

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210

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Marketing

Date

Feb 20, 2024

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docx

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3

Uploaded by CoachEelMaster1055

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The North Face Puffer Jacket Company Overview This puffer jacket produced and sold by The North Face brand has been sold since 1992. These jackets feature waterproofing material and sewn on hoods, and are meant to help insulate the wearer from harsh cold weather. The North Face tends to target themselves for the more “outdoorsy” or “adventurous” type of person who are seeking to explore the unknown and undiscovered. This iconic jacket has been a fashion statement for the last three decades, and doesn't seem to be going anywhere anytime soon. The estimate we fabricated for each unit produced of these jackets was about $50 USD, meaning they’re profiting anywhere from $330 to $170 for each one sold. This being said, The North Face is making anywhere from a 760% to 440% return on each unit that they sell. They’re able to get away with this high mark up considering their brand recognition, popularity, and the quality of their products. Marketing Research Plan The problem we plan to research and solve is: how can The North Face get more “non- adventurous” customers into their product ecosystem? With The North Face’s current marketing strategy, they tend to advertise their products for the more adventurous type of person. This is seen mostly from their advertising campaigns which usually consists of someone completing a miraculous physical endeavor. While this is the type of person to need a product of The North Face’s caliber it also leaves out a good chunk of the population who don’t view themselves similarly to those go-getters. We plan to collect data using exploratory research to survey people to see what their views of The North Face are as a company and any opinions they may have about their products. This will give us helpful insight to how The North Face can market their product as a whole to have more of an umbrella of potential customers.
Some of the questions that we will be asking on the survey are meant to capture a lot of information from people. The survey will consist of multiple questions where the participants will answer on a scale of 1-10, and there will also be a free response section where individuals can express their personal opinions. These “answer on a scale of 1-10” questions (1 being least favorable, 10 being the most favorable) will include: How do you feel about The North Face as a whole? What do you think of the products that The North Face produces? Would you consider The North Face a green/sustainable company? These questions can help to determine what the overall public perception of the company is, as well as let us know how many people are interested in their products. From this, The North Face will be able to determine how they should go about advertising their products to new potential customers, and how they should approach a new ad campaign. Data Interpretation From the data we collected, we were able to interpret the results as (potential) customers wanting to see a lower entry price, more options for year-round clothing, and more about the company’s sustainability in their advertisements. The data as a whole came back mostly positive, with the general public’s reaction of the company and brand as an average of 8.1/10 (1 being awful, 10 being fantastic). This means that the company as a whole has made good relations with the public and is generally seen as a good brand for their sustainability, design, and quality. The biggest blunders that were most commonly mentioned were the price of the products (generally), the predisposition to their products being meant for outdoorsy individuals, and the lack of day-to-day wearability. We managed to get a lot of helpful insight overall from this survey and have even considered it becoming a persistent tool on their website in order to gain more knowledge on how their customers are perceiving them. With all of this newfound knowledge, The North Face company now has the tools in hand to compete on a higher level with its competitors. By using data collected from existing and potential customers The North Face can now determine the best course of action when it comes to marketing themselves to a larger audience. For example, since people already view The North Face as a sustainable, durable, quality product for people who love the outdoors, their next step is to make their product suitable for everyone in their everyday lives. By aligning with this new outlook, The North Face would have the potential to reach millions of more customers and increase the reach of their product exponentially. This wouldn’t only make The North Face competitive in the world of outdoor equipment, but in the clothing and fashion industry as a whole. Psychological Factors As North Face is primarily known for its high-performance outdoor apparel and equipment, people who are into hiking, camping, and other such activities are more likely to consider North Face Puffer Jackets for their functional and stylish design. People are likely to buy North Face Puffer Jackets if they perceive that their social circle values and approves of the brand. Similarly, people who value high-quality and performance-based products may choose North Face Puffer Jackets for its technical features and durability. Some of the most important
factors to consider when considering the North Face brand are product quality, brand reputation, price, and design/fit. All of these factors contribute to the final buying decision of the consumer. Overall, while each of these factors plays a role in influencing buying behavior, the relative importance of each factor may vary depending on the individual consumer's preferences and needs. Buyer Decision Making The customer who is buying a north face puffer jacket could be a typical customer of The North Face, but they also could just be someone who is buying the jacket because it is cold where they live and they need a warm puffer jacket to keep them warm. The need for recognition occurs usually when the weather changes. The North Face puffer jacket was made to keep people warm during the cold winters and the snow, so when the weather changes, the need for the puffer jackets increases. Next, the customer starts to gather information about North Face puffer jackets, such as product features, prices, and reviews. The customer may use various sources of information, such as online research, social media or recommendations from friends and family. When debating the alternatives, the factors that might pull the heaviest weight is the price of the puffer jacket. The North Face puffer retails at around $320, so the customer may consider the cheaper alternatives, yet not get the same quality of puffer jacket as they would with The North Face. Factors other than their evaluation of the options and features could be the situational factors, such as the weather or intention of use. Product quality, customer expectations and personal preferences could influence differences between customers post purchase attitudes. Somebody who bought the puffer because they live in a cold climate probably is very positive about their purchase, but somebody who bought it for a week long cold trip might not be as positive with their purchase.
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