Professional Documents
Culture Documents
Alyssa Tucci
Josh John
Mike Palumberi
Patrick Catalano
Rachel Cunningham
Agenda
• History of the Wonderbra
• The Marketing Mix
• Competitive Analysis
• Core Competencies
• SWOT Analysis
• Questions
Wonderbra History
The Wonderbra® brand enhances what women already have.
Designed to provide women with stunning cleavage and enhanced
natural shape, the Wonderbra® brand offers a complete line of
embellished push-up, seamless push-up, lightly-lined and strapless
bras.
Source: Hanesbrands.com
History of the Wonderbra
wonderbra video
In January
2007, the
Wonderbra
1964- called included
Wonderbra End of 1994- in the top 50
created by Pushup bra “Greatest
Louise Poirer sales up by Canadian
for Canadelle 43% Inventions”
Attitudes:
– Loves shopping and makes impulsive purchases
– Pays attention to fashion magazines and trends
– Innerwear is just as important as outerwear to her
– Appearance conscious
– Lingerie enthusiast
Price:
MSRP $34.00
Promotion
•Mail-in for a free set of ‘bling’
straps when you purchase new
style
•E-mail blasting
•Maidenform
-”I dreamed I stopped traffic in my maidenform bra” (commitment to
helping every woman look and feel her best)
•Victoria Secret
-”hello Bombshell” ~slogan for a specific bra~ (Your perfect fit and the
world's most glamorous bras await at Victoria's Secret)
Competitor Average Sales Price
Maidenform……..…………………………………….$25
(3.8% of market share of total bra market)
Lily of France………………………………………….$28
(1% of market share of total bra market)
Victoria Secret……………………………………….$36
(21.7% of market share of total bra market)
Wonderbra………………………………………..….$28
(1.4% of market share of total bra market)
Competitive Comparison
• Wonderbra’s “3 Degrees of • Victoria’s Secret “BioFit
Hot” 7 Way”
– Price: $34
– Launch Date: Quarter 3 2010
– Price: $55
50/50 Macys/Kohls – Launch Date: 2009
– # of Ways to adjust straps: 100 – # of ways to adjust
– Features: Underwire, seamless straps: 7
cup, plunge front, eye back
closure, stretch nylon,
– Features: Underwire,
polyester, cookies, silicone, adjustable straps, back
spandex and stretch Cotton closure and imported
– Sizes: A-D cup nylon/spandex
– Sizes: A-DD cup
Core Competencies
The Wonder Bra Brand is:
•Coin phrase
•Comfort
•Longevity
•Beauty enhancer
•Brand Equity
•Flexible
•Diverse
•Adaptable
•Affordable
SWOT - Strengths
Product Mix:
– 5-unique brands to suit her needs and moods
• Full of Wonder ( 3-styles )
• Commitment-Phobe (Convertible Strapless Underwire Push-up 7644 )
• The Show OFF ( 2-styles )
• 3 DEGREES OF HOT (Adjustable Push-Up 7878 )
• WONDERBOOST (Add-A-Size 7875 )
Brand Equity
• No color coordination
• Product Cannibalization
• Sizes
SWOT - Shopportunities
• E-Commerce is the Fastest
Growing Way to Shop
• Internet used for Research
and Purchasing
• Women decide on brand 1st
• You Want Features? We will
give you Features!
• Partnering with Social
Networking Sites and Online
Retailers
SWOT - Threats
Competitive Impact:
– Competitor “new” product launch
– Promotional pricing, i.e. WM rollbacks and Target TPCs
– Market share growth of PVT label
– Competitors own Holiday, i.e. Mother’s Day, Christmas, Labor Day and Back-to-
Campus
Industry Trends:
– Market shifts from regular bras to sports bras
– Women’s Bra Market is Featured Based where Brand plays at highest level
• Underwire (44.6%)
• No Underwire ( 30.6%)
• Victoria’s Secret Bras (24.8%)
– Market saturation, over-proliferation of bra brands in the marketplace, many with
miniscule presence or consumer following… which is another confirmation that this
proliferation serves to drive brand erasure
20
15
10
0
Online Mass Dept Store Victoria Secret
Would you go out of your way to buy your
preferred brand/bra style?
Responses
50
45
40
35
30
25
20
15
10
5
0
Yes No
How Far would you travel to get to the store
to buy your brand/bra style?
Responses
30
25
20
15
10
0
Less than 5 miles More than 5 miles Any Distance Buy Online
Do you try on bras before purchasing?
Responses
40
35
30
25
20
15
10
5
0
Yes No
Would you shop online for a bra?
Responses
30
20
10
0
s t
Ye No y D o
an
ad Iw
lre
h at
A
tl yw
ac
ex
o w
n
Ik
y if
O nl
Are your bra purchases planned?
Responses
25
20
15
10
0
Price Brand Convenience Never
What’s the most important when purchasing
a bra?
Responses
25
20
15
10
5
0
g y y
rice and nc
e
sin l o g ili
t
P Br ni
e
er
ti n o ta
b
ve v ch e r
on Ad T e n v
C n/ C o
atio
o v
n
In
How important is it for your bra to be a push-
up?
Responses
25
20
15
10
0
Very Somewhat Not at all
How important is it for a bra to be able to
convert (can be worn with straps, strapless,
halter, etc)
Responses
35
30
25
20
15
10
0
Very Somewhat Not at all
Would you buy a bra based on its features (push up level, strap
convertibility, colors, etc) if you didn’t currently buy this brand?
Responses
50
45
40
35
30
25
20
15
10
5
0
Yes No
Where would you expect to buy a bra that converted
100 ways with its straps and adjusted your level of
cleavage from a light push up to adding a full cup size?
Responses
40
35
30
25
20
15
10
5
0
Online Mass Channel Dept Stores VS
What would you expect the price for this
convertible bra to be?
Responses
25
20
15
10
0
Less than $20 $20-$30 $30-$40 $50 +
What would you pay for this convertible bra?
Responses
30
25
20
Responses
15
10
0
Less than $20 $20-$30 $30-$40 $50 +
Would you seek out this product to buy it if it
was not available at your current retailer?
Responses
30
25
20
15
10
0
Yes No I'd Search Online
What bra brand would you expect to sell this
product?
Responses
45
40
35
30
25
20
15
10
5
0
VS Maidenform WB Lily of France
Would you purchase this bra if it was not a
product of your preferred brand?
Responses
25
20
15
83% of potential purchase intent!
10
0
Yes No Maybe
What do you like most about your favorite
bra?
Responses
Comfort
Push up/Enhancement
Fit
What do you like most about your preferred
bra brand?
Responses
Price
Support
Comfort/Fit
High Value
Size Offering
Retail Store with
Assistance
What is your preferred brand?
Responses
30
25
20
15
10
0
VS Maidenform Wonderbra Other
What is the #1 factor in why you chose this
brand over others?
Have you purchased the following brands?
(in the past 12 months):
Responses
35
30
25
20
15
10
0
VS Maidenform Wonderbra Lily of France
What is your current view on the
Maidenform brand?
Responses
30
25
20
15
10
0
Trendy Love it Don't know it Don't like Sexy For Older Women
What is your current view on the Wonderbra
brand?
Responses
16
14
12
10
8
6
4
2
0
Trendy Love it Don't know it Don't like Sexy For Older Women
What is your current view on Victoria Secret
brand?
Responses
25
20
15
10
0
Trendy Love it Don't know it Don't like Sexy For Older Women
Sources
www.wonderbra.com
www.hanesbrands.com
www.youtube.com
www.Victoriasecret.com
www.facebook.com
http://www-personal.umich.edu/~afuah/cases/case15.html
Questions?