Professional Documents
Culture Documents
- INNOVAT0RS
INTRODUCTION
Company name:- WILDFLANG
Founded in:- 2013
Protagonist:- Emma Mcilroy(CEO of Wildflang)
Background
The home of Tomboy style and culture- Wildflang (voice through fashion), was launched by two
self described tomboys Emma Mcilroy and Julia parsley who previously worked in Nike opened
their first retail location- The Wildflang fort. By July 2015 (after 2 and half year) their sales are
more than $ 2mn annually(which growing @ 250%) year over year with customer base of 120,000
TARGETING AND POSITIONING
• Wildflang target customer:- WOMEN of different types such as footballers, judges ,teachers
or rockers.
• Basis of targeting:- beliefs (shared a similar set of value:- bold, empowered, independent,
rebellious) & behavior as they following same role model:- Gaga, Tegan, Sarah, Alexa Chung.
•Demographic segmentation
• Gender:- female
CUSTOMER SEGMENTATION (on the basis of their
purchasing habit)
CATEGORY OF CURRENT AVERAGE CUSTOMER CHURN PURCHASE
CUSTOMER PORTFOLIO ORDER ACQUISTION RATE(%) FREQUENCY
VALUE(AOV) COST(CAC)
Wildflang’s 60% $68 $20
core loyalist
Walk -in 30% $96 75% 1.2
shoppers
Online 55% $200 $60 70% 1.4
shoppers
Wildflang 15% High Aov
exclusive $400 ( in single
visit) & more
than $ 1000
per month
SWOT ANALYSIS
STRENGTH:- well defined target audience(with same needs and want): women who are independent,
self confident & have shared attitude & role-models.
WEAKNESS:- The idea of Wildflang can be copied & no. of competitor may go up resulting
increasing no. of options for customer & profit may go down.
OPPORTUNITY:- The style and culture of tomboy is a pre-existing social trend & is very popular
amongst women at the present moment. Competitors offering products as Wildflang targeted niche
markets making them sexuality rather than aspirational position & also less in no.
THREATS:- The demand for menswear-inspired may go down. The competitor targeting niche market
can offer low-price product.
BUSINESS PROBLEM
• enhanced Wildflang experience(as they working according to this model),enabling shoppers to order,
purchase, pick up and return either online/offline.
•Gross margin:- up to 80% on private fashions brand depending on the business model, material quality
& price(currently benchmarked@ 50%)
•35% profit margin from third party merchandise while collaborative pieces designed exclusively for
Wildflang could double these percentages
•These model can leverage Wildflang core competency in brand building, content creation,
community engagement(through users and feedback)
•Increase in online customer- (55% of customer portfolio acquired through paid media)
•Low inventory cost(affiliated merchants would manage inventory & fulfillment processing )