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RAY-BAN
     SUNGLASSES
        a consumer study in the iconic brand




                    t	
             MICHELLE CARPENTER
                THERESE SMITH
                 BEN JOHNSON

///////////////////
WELCOME




///////////////////
METHODOLOGY
     e    PRIMARY RESEARCH


      o Friend Group
      o In-Depth Interviews
      o Survey – 45 Respondents
      o Influencer Interview
      o Projective Exercises
///////////////////
PROJECTIVE TECHNIQUES




///////////////////
(A LITTLE MORE)

   METHODOLOGY
     e   SECONDARY RESEARCH


      o  MRI+
      o  Market Share Reporter
      o  Consumer Media
      o  NYT + WSJ
      o  Lexis Nexis + Mintel
///////////////////
THE CATEGORY




///////////////////
KEY CATEGORY TAKEAWAYS
 o  Nearly $8 billion in revenues for 2011
 o  834 brands in the market as of 2011, with most
    (more than 80 percent) owned by massive retailers
 o  Major potential for growth among male population
 o  Most owners of sunglasses are strong brand
    loyalists or not brand loyal at all
 o  Relatively unaffected by fluctuations in economy
///////////////////
TRENDS AT WORK


       o Live A Little
       o Objectifying Objects
       o Classic Is Cool
       o All Things Military
///////////////////
THE BRAND

                           Preferred Brand*   Ray-Ban
                                              Oakley
                                              Maui Jim
                                              D&G
                                              House Brands
                                              Other


* Source: Primary Survey, 45 Respondents
///////////////////
KEY BRAND TAKEAWAYS
 o  Iconic history and product placements have many
    recognizing Ray-Ban styling as ‘eternal’
 o  Has a rich historical story and an enduring legacy
 o  Products have remained relatively unchanged
 o  Occupies a very unique place in consumer’s mind
 o  Those we surveyed identified the brand with a
    strong recollection of common words
///////////////////
BUT WHAT DO CONSUMERS THINK?




///////////////////
“
            I wanted to get them because,


   yeah, all my friends had them,
                      blah blah blah.

            But once you put those mofos on,




     you feel stylin.’
   You feel good.
///////////////////
                                               ”
WHO IS RAY-BAN?
                ROBERT P.   JOHNNY D.



 MATT D.




                              TOM C.

 JOHN M.     EMMA S.
///////////////////
PERCEPTUAL MAP




///////////////////
ISSUES

 o  Owned by super-manufacturer Luxottica, which owns most of
    Ray-Bans direct competitors
 o  Saturated market means it’s costly to acquire new customers
 o  Seen by some as too ubiquitous for its own good


///////////////////
OPPORTUNITIES

o  Connection to Luxottica is driving growth in emerging markets
o  “It’s a good pair of glasses for a hundred bucks less than Maui
   Jim’s”
o  Occupy a unique spot in perceptual map and in minds of
   consumers
o  Accessible luxury items are trending, now and always
///////////////////
CREATIVE BRIEF
BUSINESS CHALLENGE: CATEGORY SATURATION
+KEEPING ON TOP OF THE ZEITGEIST OF COOL.
COMMUNICATION OBJECTIVE: KEEP PEOPLE
INTERESTED IN UBIQUITOUS PRODUCT
BRAND ESSENCE: THE DEMOCRATIZATION OF
COOL
TARGET: MEN & LADIES, 24-35.


///////////////////
THE BIG IDEA: KEEP RAY-BAN’S
UNCHANGING IMAGE FRESH.
CURRENT RESPONSE: RAY-BAN IS COOL,
HIP, MODERN, AND EVERYONE KNOWS IT.
DESIRED RESPONSE: RAY-BAN IS COOL,
HIP, MODERN, AND I CAN BE TOO.

///////////////////
THANK YOU!




///////////////////

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Ray-Ban Consumer Study

  • 1. RAY-BAN SUNGLASSES a consumer study in the iconic brand t MICHELLE CARPENTER THERESE SMITH BEN JOHNSON ///////////////////
  • 3. METHODOLOGY e PRIMARY RESEARCH o Friend Group o In-Depth Interviews o Survey – 45 Respondents o Influencer Interview o Projective Exercises ///////////////////
  • 5. (A LITTLE MORE) METHODOLOGY e SECONDARY RESEARCH o  MRI+ o  Market Share Reporter o  Consumer Media o  NYT + WSJ o  Lexis Nexis + Mintel ///////////////////
  • 7. KEY CATEGORY TAKEAWAYS o  Nearly $8 billion in revenues for 2011 o  834 brands in the market as of 2011, with most (more than 80 percent) owned by massive retailers o  Major potential for growth among male population o  Most owners of sunglasses are strong brand loyalists or not brand loyal at all o  Relatively unaffected by fluctuations in economy ///////////////////
  • 8. TRENDS AT WORK o Live A Little o Objectifying Objects o Classic Is Cool o All Things Military ///////////////////
  • 9. THE BRAND Preferred Brand* Ray-Ban Oakley Maui Jim D&G House Brands Other * Source: Primary Survey, 45 Respondents ///////////////////
  • 10. KEY BRAND TAKEAWAYS o  Iconic history and product placements have many recognizing Ray-Ban styling as ‘eternal’ o  Has a rich historical story and an enduring legacy o  Products have remained relatively unchanged o  Occupies a very unique place in consumer’s mind o  Those we surveyed identified the brand with a strong recollection of common words ///////////////////
  • 11. BUT WHAT DO CONSUMERS THINK? ///////////////////
  • 12. I wanted to get them because, yeah, all my friends had them, blah blah blah. But once you put those mofos on, you feel stylin.’ You feel good. /////////////////// ”
  • 13. WHO IS RAY-BAN? ROBERT P. JOHNNY D. MATT D. TOM C. JOHN M. EMMA S. ///////////////////
  • 15. ISSUES o  Owned by super-manufacturer Luxottica, which owns most of Ray-Bans direct competitors o  Saturated market means it’s costly to acquire new customers o  Seen by some as too ubiquitous for its own good ///////////////////
  • 16. OPPORTUNITIES o  Connection to Luxottica is driving growth in emerging markets o  “It’s a good pair of glasses for a hundred bucks less than Maui Jim’s” o  Occupy a unique spot in perceptual map and in minds of consumers o  Accessible luxury items are trending, now and always ///////////////////
  • 17. CREATIVE BRIEF BUSINESS CHALLENGE: CATEGORY SATURATION +KEEPING ON TOP OF THE ZEITGEIST OF COOL. COMMUNICATION OBJECTIVE: KEEP PEOPLE INTERESTED IN UBIQUITOUS PRODUCT BRAND ESSENCE: THE DEMOCRATIZATION OF COOL TARGET: MEN & LADIES, 24-35. ///////////////////
  • 18. THE BIG IDEA: KEEP RAY-BAN’S UNCHANGING IMAGE FRESH. CURRENT RESPONSE: RAY-BAN IS COOL, HIP, MODERN, AND EVERYONE KNOWS IT. DESIRED RESPONSE: RAY-BAN IS COOL, HIP, MODERN, AND I CAN BE TOO. ///////////////////