Saturday, September 15, 2018

Brand Project #2 - Vans' Benefits


VANS

"OFF THE WALL"


How will the person who agrees to buy/interact with Vans life improve?
Personal
  • Allows customers to relate with the brand and its rugged individualist mission
  • Staying on trend
    • Vans has recently become a $2.3 billion powerhouse company (on trend) 
    • VF Corporation’s largest and fastest growing brand 
    • Grown popular due to authenticity of brand and combination of affordability for the quality 
Strategic
  • As compared to competitors, prices remain reasonable (about $60 for a typical pair)
  • Meets expectations and does what it is meant to do
  • Has unique cross-hatch design which helps skaters grip to the board
Financial
  • Durability
    • Made with a durable rubber sole that can withstand wear and tear
    • Long lasting materials reduces the chances of having to replace the shoe
How does Vans benefit the world?
Personal
  • Inspires widespread movement of pursuing personal individuality
  • Consumers can feel free to be who they are
  • Brand is associated with positive celebrity influence and nationwide fascination
    • “Damn Daniel” viral video and following Ellen appearance
Strategic
  • Implemented company-wide sustainability efforts to lead other companies in the simple ways to go green
    • Green Sole Operations
      • LEED Platinum Certification in headquarters
      • Headquarters powered by 4,000 solar panels that prevent 440 metric tons of CO2 emissions per year
      • Zero waste to landfill distribution centers
      • All Vans stores used LED lighting (using 40% less energy than alternatives)
      • Recycle 11,000 lbs of cardboard each day
Financial
  • Economic accessibility
    • People of different statuses can afford their products (without limitation of high costs)
  • Doesn’t increase prices due to high demand, like most competitors
    • Have remained at $60 per pair since the beginning

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