SlideShare una empresa de Scribd logo
1 de 48
Online Wedding
& Gift Registry
Yadezi Abreu
Ashley Pouya
Natalia Becerra
Phi-Uyen Pham
Danavir Sarria
Sam Sotomayor
Online
Team A
Online
Team B
Personalized
Marketing
Strategy
Personalized
Marketing
Strategy
Danavir
Natalia
Yadezi
Phi
Sam
Ashley
Pre-
SWOT
Analysis
Weaknesses
• Customers often complained
about the inefficiency or
hardened use of mobile app
• Overwhelming size of store
leads to frustrated customers
• Antiquated mobile scan
capabilities
• Somewhat not consistent in
regards to following-up
Threats
• Competitors’ lower prices and
variety of selection could pull
potential customers
• Constant updating of the
mobile app due to bugs and
gaps may increase
expenditures
• E-brouchure
Opportunities
• Partnership with wedding
coordinators and/or
designers for further
Wedding & Registry program
promotion should be
considered
• Growing online shopping
popularity should not be
undermined
• Great Reviews
Strengths
• Well-trained and friendly
staff
• Website is easy to operate
and completely functional
• Strong Brand Recognition
• Uses both old and new
channels to promote
sales/advertise
• Dream Fund
Strengths
• Well-trained and friendly staff
• Website is easy to operate and
completely functional
• Strong Brand Recognition
• Uses both old and new channels
to promote sales/advertise
• Dream Fund
Weaknesses
• Customers often complained
about the inefficiency or
hardened use of mobile app
• Overwhelming size of store
leads to frustrated customers
• Antiquated mobile scan
capabilities
• Somewhat not consistent in
regards to following-up
Opportunities
• Partnership with wedding
coordinators and/or
designers for further Wedding
& Registry program
promotion should be
considered
• Growing online shopping
popularity should not be
undermined
• Great Reviews
Threats
• Competitors’ lower prices and
variety of selection could pull
potential customers
• Constant updating of the
mobile app due to bugs and
gaps may increase
expenditures
• E-brouchure
Research
Online
Team A
Online
Team B
Personalized
Marketing
Strategy
Personalized
Marketing
Strategy
Danavir
Natalia
Yadezi
Phi
Sam
Survey
Results
Team A
Demographics
Age Group
Do you prefer having the gift registry
process completely online, or do you
prefer to make in store visits?
Demographics
Survey Results
Which positive experience would make you most
want to tell others about Macy's wedding
registry program
Survey
Results
Team B
Demographics (Team B)
Age Group
Did you know that Macy’s
offers a free mobile app?
Did you access your registry
in-store or online?
Did you know that Macy’s
offers a Dream Fund service?
Would you rather receive
cash or items from your
registry as gifts?
Secret
Shopping
Mobile App Yes Yes Yes
Registry Welcome Package Yes Yes No
Discount Incentives with store
credit line
10% back on eligible purchases
5% back on eligible gifts
Dream Fund
5 Reward points for every dollar spent in
BB&B
1 point for every dollar spent elsewhere
1000 points= 10$ reward card
5% back on all purchases
30 Extra return days
Discount Incentive
(independent from store credit
line)
Weekly Specials
Exclusive discount for registrants
20% coupons
Price match
Weekly specials
Weekly specials
Return Policy 1 year from date of purchase for
purchases made through
registry(or any product that has
the Macys return label)
So as long as item was purchased in BB&B
and on registry(or accompanied with gift
receipt) will be eligible for return/exchange
Up to 1 year after your event
date to return or exchange items
from your Registry
Bridal Consultants Yes Yes No
Personal Shoppers Yes No No
Partial Instore /Online Registry
capabilities
Yes Yes No
Compatible Mobile App
Brochure
No Yes No
One-on-One
Interviews
“We wanted to choose a place where we could
find trendy, homey items at an affordable price.
It was also important to choose a brand that
most people were familiar with, since a lot of
our invitees where from Latin America”
Interview One
Team A
Interview Two
Team B
• Couple received a gift card
that consisted of 5% off of
purchased items from the
guests (5 months after the
wedding)
• Took longer to load online and
limited display of items per
page
• More lavish, up-scale, higher
end style
• Online chat was helpful
• Tons of promotional sales and
honored price adjustments
• Very selective and limited to
quantity, selection, and
brands to choose from
• Couple received 20% off
entire purchase since
majority guests purchased
items
• Up to 90 items displayed
per page
• Reaches out to a younger
crowd/fun
• Received $20 gift card on
Shutterfly and goodie
basket filled with stuff
• Convenience with selection
and brands to choose from
Interview Three
Team B
• Online portion was simple but
took some time to practice
navigating it (reluctant to login)
• Keeps the couple in the loop with
the latest merchandise and
promotions even after the
wedding
• Needs to be based off of more
than just their reputation
• Needs improvement on reviews
that were purchased in the past
– Ability to post pictures
– Ability to express more of an
opinion
– Needs an option of: Would
you recommend this?
• Online portion was easy to
navigate
• After the wedding, the
company only sends monthly
advertisements (not relating to
wedding registry)
• Made the couple feel as if
they were a million bucks
Interview Three
Team B
Recommendations
Create an advertising campaign during June and
September, the wedding ‘high seasons’
Utilize the hashtag “#SAYIDOTOMACYS” across
social media platforms to increase publicity of
Macy’s gift registry program in an environment that is
becoming increasingly dependent upon social media
#sayidotomacys
#sayidotomacys
You can see two sample Instagram posts below from a Macys personal
gift registry , as well as a contestant.
Social Media
• Snapchat, Instagram, Facebook, Pinterest
• Native Content
Educate, Entertain, And Sell
When searching for
“wedding registry” on
Google, Macy’s gift
registry comes in 7th,
near the bottom of the
page
Macy’s can utilize a
program such as Google
Adwords to increase its
Google searchability so
that its website is higher
up on the Google search
page results
Google Analytics
Wedding Registry
Customization
Custom URL
• Macy’s should include
the name of the
couple in the URL for
their registry.
• Allow the input of the
wedding information
directly on the couple’s
registry site.
• Customization of
colors and designs of
site to match wedding
theme.
Custom Registry
• Many make use of third-party registry sites
that link sales to Macys & other retailers
• Couples and their guests are loosing the
interaction and attention they would receive
from the Macy’s wedding registry department
• Partnering with these third party sites will help
Macy’s connect with their target market.
Gamification
Smart Scanning
• Competitors have
developed applications
that can pull product
information directly from
the image of a product in
a catalog.
• Ease of registry can be
enhanced by similar
methods and technology.
• Bridges the gap between
the online and in-store
experience.
Group Funding and Rewards
• Big ticket items can be
intimidating.
– Allow guests to “split the
bill”
• Allow guests to
contribute to a fund with
the incentive of getting
rewarded for reaching
various levels of total
contributions.
– Contributions can be
applied toward a single
item or the Dream Fund.
Recap
• Custom URL
• Custom Registry
• Free Gift For Registering
Smart Scanning
• Group Funding And Rewards
• Review Upgrade
• Dream Fun Honeymoon
• Google Adwords
• Social Media
• #SayIDoToMacys Campaign
Post-
SWOT
Analysis
Strengths
• Exclusive and top quality
merchandise
• Strong brand recognition
• My Macy’s Program rewards
• Build awareness from 3rd
parties
• Advertising on social media
Better incentives encourage
customers to register with
Macy’s
Weakness
• Expensive products
• Limited budget to
implement new strategies
and recommendations
Opportunities
• Continually improving online
process for customers to
manage their registries
• Addition of new or trending
products
• Expanding to more social
media platforms
• Growing fan base or
followers on social media
outlets
Threats
• Competition from other
store’s registries
• Competitors with more
affordable prices
• Changes in technology may
influence customer’s
experience with website and
app
• Customers who are not
tech-savy may not be
interested in managing their
registries online
Strengths
• Strong online presence
• My Macy’s Program rewards
• Build awareness from 3rd parties
• Advertising on social media Better
incentives encourage customers to
register with Macy’s
Weaknesses
• Expensive products
• Limited budget to implement new
strategies and recommendations
Opportunities
• Continually improving online
process for customers to manage
their registries
• Addition of new or trending
products
• Expanding to more social media
platforms
• Growing fan base or followers on
social media outlets
Threats
• Competition from other store’s
registries
• Competitors with more affordable
prices
• Changes in technology may
influence customer’s experience
with website and app
• Customers who are not tech-savvy
may not be interested in managing
their registries online
Step #1: Improve The Product
Conclusion
Step #2: Provide Value Upfront
Step #3: Aggressively Promote

Más contenido relacionado

La actualidad más candente

Dior Case Study
Dior Case StudyDior Case Study
Dior Case Studycaseyhuth
 
Case Study-Mountain Man Brewing Co.
Case Study-Mountain Man Brewing Co.Case Study-Mountain Man Brewing Co.
Case Study-Mountain Man Brewing Co.Devashish Khulbe
 
Marketing strategy of a cosmetic brand: Shiseido
Marketing strategy of a cosmetic brand: ShiseidoMarketing strategy of a cosmetic brand: Shiseido
Marketing strategy of a cosmetic brand: ShiseidoSalman Bin Firoz
 
American Apparel Integrated Marketing Strategy
American Apparel Integrated Marketing StrategyAmerican Apparel Integrated Marketing Strategy
American Apparel Integrated Marketing StrategySona Martirosian
 
How to recreate the luxury buying experience online: e-commerce and luxury goods
How to recreate the luxury buying experience online: e-commerce and luxury goodsHow to recreate the luxury buying experience online: e-commerce and luxury goods
How to recreate the luxury buying experience online: e-commerce and luxury goodsAlba Romero Villa
 
10 Key Ingredients to Craft Beer Brand Success
10 Key Ingredients to Craft Beer Brand Success10 Key Ingredients to Craft Beer Brand Success
10 Key Ingredients to Craft Beer Brand SuccessNeal Stewart
 
Luxury Experiences
Luxury ExperiencesLuxury Experiences
Luxury ExperiencesEtnograph
 
Identify different personas for a restaurant
Identify different personas for a restaurantIdentify different personas for a restaurant
Identify different personas for a restaurantShruti Singhal
 
Victoria's Secret
Victoria's Secret Victoria's Secret
Victoria's Secret Jiani Wu
 
case study on mountain man beer company
case study on mountain man beer companycase study on mountain man beer company
case study on mountain man beer companyabhishek kumar
 
Victoria's Secret Case Study
Victoria's Secret Case StudyVictoria's Secret Case Study
Victoria's Secret Case StudyPriyam Agarwal
 
Zara Marketing Development Report
Zara Marketing Development ReportZara Marketing Development Report
Zara Marketing Development ReportAnessaLeng
 
Glossier Marketing Plan
Glossier Marketing PlanGlossier Marketing Plan
Glossier Marketing PlanAnika Bobb
 
Trends + Trendsetters: The Best in Beauty Content Marketing
Trends + Trendsetters: The Best in Beauty Content Marketing Trends + Trendsetters: The Best in Beauty Content Marketing
Trends + Trendsetters: The Best in Beauty Content Marketing NewsCred
 
Futures and Innovations
Futures and InnovationsFutures and Innovations
Futures and InnovationsLulu Bradshaw
 
Sephora case study
Sephora case studySephora case study
Sephora case studyPooja Patil
 
Ecommerce and Digital Marketing Personalization
Ecommerce and Digital Marketing PersonalizationEcommerce and Digital Marketing Personalization
Ecommerce and Digital Marketing PersonalizationFabiana Pereira
 
Burberry Social media analysis university of strathclyde
Burberry Social media analysis university of strathclydeBurberry Social media analysis university of strathclyde
Burberry Social media analysis university of strathclydedanchaoxiang
 

La actualidad más candente (20)

Dior Case Study
Dior Case StudyDior Case Study
Dior Case Study
 
Case Study-Mountain Man Brewing Co.
Case Study-Mountain Man Brewing Co.Case Study-Mountain Man Brewing Co.
Case Study-Mountain Man Brewing Co.
 
Marketing strategy of a cosmetic brand: Shiseido
Marketing strategy of a cosmetic brand: ShiseidoMarketing strategy of a cosmetic brand: Shiseido
Marketing strategy of a cosmetic brand: Shiseido
 
American Apparel Integrated Marketing Strategy
American Apparel Integrated Marketing StrategyAmerican Apparel Integrated Marketing Strategy
American Apparel Integrated Marketing Strategy
 
How to recreate the luxury buying experience online: e-commerce and luxury goods
How to recreate the luxury buying experience online: e-commerce and luxury goodsHow to recreate the luxury buying experience online: e-commerce and luxury goods
How to recreate the luxury buying experience online: e-commerce and luxury goods
 
10 Key Ingredients to Craft Beer Brand Success
10 Key Ingredients to Craft Beer Brand Success10 Key Ingredients to Craft Beer Brand Success
10 Key Ingredients to Craft Beer Brand Success
 
Luxury Experiences
Luxury ExperiencesLuxury Experiences
Luxury Experiences
 
Identify different personas for a restaurant
Identify different personas for a restaurantIdentify different personas for a restaurant
Identify different personas for a restaurant
 
Victoria's Secret
Victoria's Secret Victoria's Secret
Victoria's Secret
 
Glossier
GlossierGlossier
Glossier
 
case study on mountain man beer company
case study on mountain man beer companycase study on mountain man beer company
case study on mountain man beer company
 
Victoria's Secret Case Study
Victoria's Secret Case StudyVictoria's Secret Case Study
Victoria's Secret Case Study
 
Zara Marketing Development Report
Zara Marketing Development ReportZara Marketing Development Report
Zara Marketing Development Report
 
Glossier Marketing Plan
Glossier Marketing PlanGlossier Marketing Plan
Glossier Marketing Plan
 
Trends + Trendsetters: The Best in Beauty Content Marketing
Trends + Trendsetters: The Best in Beauty Content Marketing Trends + Trendsetters: The Best in Beauty Content Marketing
Trends + Trendsetters: The Best in Beauty Content Marketing
 
Futures and Innovations
Futures and InnovationsFutures and Innovations
Futures and Innovations
 
Sephora case study
Sephora case studySephora case study
Sephora case study
 
Ecommerce and Digital Marketing Personalization
Ecommerce and Digital Marketing PersonalizationEcommerce and Digital Marketing Personalization
Ecommerce and Digital Marketing Personalization
 
Burberry Social media analysis university of strathclyde
Burberry Social media analysis university of strathclydeBurberry Social media analysis university of strathclyde
Burberry Social media analysis university of strathclyde
 
Louis Vuitton
Louis VuittonLouis Vuitton
Louis Vuitton
 

Destacado

Macy*s Presentation
Macy*s PresentationMacy*s Presentation
Macy*s Presentationmikeperez04
 
Merchandise Strategies: Macy's Case Study
Merchandise Strategies: Macy's Case StudyMerchandise Strategies: Macy's Case Study
Merchandise Strategies: Macy's Case StudyQuinn Nevares
 
Macy's Undergraduate Marketing Competition
Macy's Undergraduate Marketing CompetitionMacy's Undergraduate Marketing Competition
Macy's Undergraduate Marketing CompetitionJustin Pollock
 
Macy's Marketing Challenge 2017
Macy's Marketing Challenge 2017Macy's Marketing Challenge 2017
Macy's Marketing Challenge 2017Ikram Magzoub
 
Jc penney case study
Jc penney  case studyJc penney  case study
Jc penney case studyZahid Mehraj
 
Macys Case Competition Final
Macys Case Competition FinalMacys Case Competition Final
Macys Case Competition FinalCaroline Kreul
 
20080206 Bec0ming Better For Students 27s Bharath Institutions [Pharmacy]
20080206   Bec0ming Better For Students   27s   Bharath Institutions [Pharmacy]20080206   Bec0ming Better For Students   27s   Bharath Institutions [Pharmacy]
20080206 Bec0ming Better For Students 27s Bharath Institutions [Pharmacy]viswanadham vangapally
 
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01Alexandra Brooks
 
Keynote: Macy's: 150+ Years of Customer Centricity
Keynote: Macy's: 150+ Years of Customer CentricityKeynote: Macy's: 150+ Years of Customer Centricity
Keynote: Macy's: 150+ Years of Customer CentricityiMedia Connection
 
Inbound Lead Management Best Practices
Inbound Lead Management Best PracticesInbound Lead Management Best Practices
Inbound Lead Management Best Practiceswebtel125
 
RadioShack Analysis_Group Project _Retail Management
RadioShack Analysis_Group Project _Retail ManagementRadioShack Analysis_Group Project _Retail Management
RadioShack Analysis_Group Project _Retail ManagementRenny Saldanha
 
Deep Data At Macys v1.0
Deep Data At Macys v1.0Deep Data At Macys v1.0
Deep Data At Macys v1.0Lucidworks
 
How Macy's does Mobile: Deepening Retail Engagement with Salesforce
How Macy's does Mobile: Deepening Retail Engagement with SalesforceHow Macy's does Mobile: Deepening Retail Engagement with Salesforce
How Macy's does Mobile: Deepening Retail Engagement with SalesforceDreamforce
 
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...Razorfish
 
Engaging Youth & Young Adults in Social Media
Engaging Youth & Young Adults in Social MediaEngaging Youth & Young Adults in Social Media
Engaging Youth & Young Adults in Social MediaBrittany Smith
 
Unilever/Axe Case Study
Unilever/Axe Case StudyUnilever/Axe Case Study
Unilever/Axe Case StudyBrainMuffin
 

Destacado (20)

Macys Research
Macys ResearchMacys Research
Macys Research
 
Macy*s Presentation
Macy*s PresentationMacy*s Presentation
Macy*s Presentation
 
Merchandise Strategies: Macy's Case Study
Merchandise Strategies: Macy's Case StudyMerchandise Strategies: Macy's Case Study
Merchandise Strategies: Macy's Case Study
 
Macy's mine
Macy's mineMacy's mine
Macy's mine
 
Macy's Undergraduate Marketing Competition
Macy's Undergraduate Marketing CompetitionMacy's Undergraduate Marketing Competition
Macy's Undergraduate Marketing Competition
 
Macy’s
Macy’sMacy’s
Macy’s
 
Macy's Marketing Challenge 2017
Macy's Marketing Challenge 2017Macy's Marketing Challenge 2017
Macy's Marketing Challenge 2017
 
Jc penney case study
Jc penney  case studyJc penney  case study
Jc penney case study
 
Macy's Case study
Macy's Case studyMacy's Case study
Macy's Case study
 
Macys Case Competition Final
Macys Case Competition FinalMacys Case Competition Final
Macys Case Competition Final
 
20080206 Bec0ming Better For Students 27s Bharath Institutions [Pharmacy]
20080206   Bec0ming Better For Students   27s   Bharath Institutions [Pharmacy]20080206   Bec0ming Better For Students   27s   Bharath Institutions [Pharmacy]
20080206 Bec0ming Better For Students 27s Bharath Institutions [Pharmacy]
 
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01
Group3zpresentationmacysjcpenney 13317479695627-phpapp01-120314130426-phpapp01
 
Keynote: Macy's: 150+ Years of Customer Centricity
Keynote: Macy's: 150+ Years of Customer CentricityKeynote: Macy's: 150+ Years of Customer Centricity
Keynote: Macy's: 150+ Years of Customer Centricity
 
Inbound Lead Management Best Practices
Inbound Lead Management Best PracticesInbound Lead Management Best Practices
Inbound Lead Management Best Practices
 
RadioShack Analysis_Group Project _Retail Management
RadioShack Analysis_Group Project _Retail ManagementRadioShack Analysis_Group Project _Retail Management
RadioShack Analysis_Group Project _Retail Management
 
Deep Data At Macys v1.0
Deep Data At Macys v1.0Deep Data At Macys v1.0
Deep Data At Macys v1.0
 
How Macy's does Mobile: Deepening Retail Engagement with Salesforce
How Macy's does Mobile: Deepening Retail Engagement with SalesforceHow Macy's does Mobile: Deepening Retail Engagement with Salesforce
How Macy's does Mobile: Deepening Retail Engagement with Salesforce
 
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...
Razorfish 2014 Tech Summit - Global Solution Management Lead at hybris David ...
 
Engaging Youth & Young Adults in Social Media
Engaging Youth & Young Adults in Social MediaEngaging Youth & Young Adults in Social Media
Engaging Youth & Young Adults in Social Media
 
Unilever/Axe Case Study
Unilever/Axe Case StudyUnilever/Axe Case Study
Unilever/Axe Case Study
 

Similar a Macy's Marketing Strategy

Team 10 - Market Gurus Boxed Marketing Campaign
Team 10 - Market Gurus Boxed Marketing CampaignTeam 10 - Market Gurus Boxed Marketing Campaign
Team 10 - Market Gurus Boxed Marketing CampaignShafiulla M
 
Team #10 - MarketGurus Boxed Marketing Campaign
Team #10 - MarketGurus Boxed Marketing Campaign Team #10 - MarketGurus Boxed Marketing Campaign
Team #10 - MarketGurus Boxed Marketing Campaign MarkKonsul
 
Four Hot Ways to Maximize Revenue Performance Now
Four Hot Ways to Maximize Revenue Performance NowFour Hot Ways to Maximize Revenue Performance Now
Four Hot Ways to Maximize Revenue Performance NowAffiliate Summit
 
10 Ways To Personalize The Holidays
10 Ways To Personalize The Holidays10 Ways To Personalize The Holidays
10 Ways To Personalize The HolidaysG3 Communications
 
Group14 belly card
Group14 belly cardGroup14 belly card
Group14 belly cardSalil Damle
 
2014 05-22 post purchase communications - dmx - small
2014 05-22 post purchase communications - dmx - small2014 05-22 post purchase communications - dmx - small
2014 05-22 post purchase communications - dmx - smallSteven Wong
 
10 Post-Purchase Communications that You Can Automate TODAY!
10 Post-Purchase Communications that You Can Automate TODAY!10 Post-Purchase Communications that You Can Automate TODAY!
10 Post-Purchase Communications that You Can Automate TODAY!DMXENGAGE
 
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)Internet Marketing Software - WordStream
 
Differentiate Instead Of Discount
Differentiate Instead Of DiscountDifferentiate Instead Of Discount
Differentiate Instead Of DiscountG3 Communications
 
Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Laurie Allen, MBA
 
Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital
 
Growmobilefinalvers
GrowmobilefinalversGrowmobilefinalvers
GrowmobilefinalversMarc Scott
 
Brand loyalty programs
Brand loyalty programs Brand loyalty programs
Brand loyalty programs William Clarke
 
Optimizing With Your Merchant Partner
Optimizing With Your Merchant PartnerOptimizing With Your Merchant Partner
Optimizing With Your Merchant PartnerAffiliate Summit
 
Top indicators shaping your permission based marketing databases
Top indicators shaping your permission based marketing databasesTop indicators shaping your permission based marketing databases
Top indicators shaping your permission based marketing databasesSMARTe Inc.
 

Similar a Macy's Marketing Strategy (20)

Team 10 - Market Gurus Boxed Marketing Campaign
Team 10 - Market Gurus Boxed Marketing CampaignTeam 10 - Market Gurus Boxed Marketing Campaign
Team 10 - Market Gurus Boxed Marketing Campaign
 
Team #10 - MarketGurus Boxed Marketing Campaign
Team #10 - MarketGurus Boxed Marketing Campaign Team #10 - MarketGurus Boxed Marketing Campaign
Team #10 - MarketGurus Boxed Marketing Campaign
 
#Think Big- Pool Corp
#Think Big- Pool Corp #Think Big- Pool Corp
#Think Big- Pool Corp
 
B2C strategies
B2C strategiesB2C strategies
B2C strategies
 
Reaching For Retail Nirvana
Reaching For Retail NirvanaReaching For Retail Nirvana
Reaching For Retail Nirvana
 
Four Hot Ways to Maximize Revenue Performance Now
Four Hot Ways to Maximize Revenue Performance NowFour Hot Ways to Maximize Revenue Performance Now
Four Hot Ways to Maximize Revenue Performance Now
 
10 Ways To Personalize The Holidays
10 Ways To Personalize The Holidays10 Ways To Personalize The Holidays
10 Ways To Personalize The Holidays
 
Group14 belly card
Group14 belly cardGroup14 belly card
Group14 belly card
 
2014 05-22 post purchase communications - dmx - small
2014 05-22 post purchase communications - dmx - small2014 05-22 post purchase communications - dmx - small
2014 05-22 post purchase communications - dmx - small
 
10 Post-Purchase Communications that You Can Automate TODAY!
10 Post-Purchase Communications that You Can Automate TODAY!10 Post-Purchase Communications that You Can Automate TODAY!
10 Post-Purchase Communications that You Can Automate TODAY!
 
Splitzee
SplitzeeSplitzee
Splitzee
 
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)
The 5 Most Powerful Marketing Strategies to Improve Your Online Presence (Now!)
 
Differentiate Instead Of Discount
Differentiate Instead Of DiscountDifferentiate Instead Of Discount
Differentiate Instead Of Discount
 
Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01
 
Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014
 
Growmobilefinalvers
GrowmobilefinalversGrowmobilefinalvers
Growmobilefinalvers
 
Brand loyalty programs
Brand loyalty programs Brand loyalty programs
Brand loyalty programs
 
Client Presentation
Client PresentationClient Presentation
Client Presentation
 
Optimizing With Your Merchant Partner
Optimizing With Your Merchant PartnerOptimizing With Your Merchant Partner
Optimizing With Your Merchant Partner
 
Top indicators shaping your permission based marketing databases
Top indicators shaping your permission based marketing databasesTop indicators shaping your permission based marketing databases
Top indicators shaping your permission based marketing databases
 

Último

Unlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich ManuscriptUnlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich Manuscriptelizabethella096
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdfTransports Advertising
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfPiyush Kumar
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfevithatojoparel
 
The+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfThe+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfSocial Samosa
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesMedia Logic
 
Rise and fall of Kulula.com, an airline won consumers by different marketing ...
Rise and fall of Kulula.com, an airline won consumers by different marketing ...Rise and fall of Kulula.com, an airline won consumers by different marketing ...
Rise and fall of Kulula.com, an airline won consumers by different marketing ...ssusereaa7d9
 
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leads
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leadsHannah Brady - Powering Up Your Brand with Content @ Force24 All leads
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leadsHannahBrady19
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesMathuraa
 
Best 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In ChandigarhBest 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In Chandigarhhamitthakurdma01
 
Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMaiizennxqc
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxelizabethella096
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 
Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...BeshoyFawaz1
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONpratheeshraj987
 
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROIShamsudeen Adeshokan
 
Enhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San FranciscoEnhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San Franciscosanfranciscoprfirms
 
Tata Punch brochure with complete detail of all the variants
Tata Punch brochure with complete detail of all the variantsTata Punch brochure with complete detail of all the variants
Tata Punch brochure with complete detail of all the variantsRiteshVishambhari
 

Último (20)

Unlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich ManuscriptUnlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich Manuscript
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdf
 
The+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfThe+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdf
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
Rise and fall of Kulula.com, an airline won consumers by different marketing ...
Rise and fall of Kulula.com, an airline won consumers by different marketing ...Rise and fall of Kulula.com, an airline won consumers by different marketing ...
Rise and fall of Kulula.com, an airline won consumers by different marketing ...
 
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leads
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leadsHannah Brady - Powering Up Your Brand with Content @ Force24 All leads
Hannah Brady - Powering Up Your Brand with Content @ Force24 All leads
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
Best 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In ChandigarhBest 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In Chandigarh
 
Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMM
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptx
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
 
Enhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San FranciscoEnhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San Francisco
 
Tata Punch brochure with complete detail of all the variants
Tata Punch brochure with complete detail of all the variantsTata Punch brochure with complete detail of all the variants
Tata Punch brochure with complete detail of all the variants
 

Macy's Marketing Strategy

  • 2. Yadezi Abreu Ashley Pouya Natalia Becerra Phi-Uyen Pham Danavir Sarria Sam Sotomayor
  • 5. Weaknesses • Customers often complained about the inefficiency or hardened use of mobile app • Overwhelming size of store leads to frustrated customers • Antiquated mobile scan capabilities • Somewhat not consistent in regards to following-up Threats • Competitors’ lower prices and variety of selection could pull potential customers • Constant updating of the mobile app due to bugs and gaps may increase expenditures • E-brouchure Opportunities • Partnership with wedding coordinators and/or designers for further Wedding & Registry program promotion should be considered • Growing online shopping popularity should not be undermined • Great Reviews Strengths • Well-trained and friendly staff • Website is easy to operate and completely functional • Strong Brand Recognition • Uses both old and new channels to promote sales/advertise • Dream Fund
  • 6. Strengths • Well-trained and friendly staff • Website is easy to operate and completely functional • Strong Brand Recognition • Uses both old and new channels to promote sales/advertise • Dream Fund
  • 7. Weaknesses • Customers often complained about the inefficiency or hardened use of mobile app • Overwhelming size of store leads to frustrated customers • Antiquated mobile scan capabilities • Somewhat not consistent in regards to following-up
  • 8. Opportunities • Partnership with wedding coordinators and/or designers for further Wedding & Registry program promotion should be considered • Growing online shopping popularity should not be undermined • Great Reviews
  • 9. Threats • Competitors’ lower prices and variety of selection could pull potential customers • Constant updating of the mobile app due to bugs and gaps may increase expenditures • E-brouchure
  • 14. Age Group Do you prefer having the gift registry process completely online, or do you prefer to make in store visits? Demographics
  • 16. Which positive experience would make you most want to tell others about Macy's wedding registry program
  • 19. Did you know that Macy’s offers a free mobile app? Did you access your registry in-store or online?
  • 20. Did you know that Macy’s offers a Dream Fund service? Would you rather receive cash or items from your registry as gifts?
  • 22. Mobile App Yes Yes Yes Registry Welcome Package Yes Yes No Discount Incentives with store credit line 10% back on eligible purchases 5% back on eligible gifts Dream Fund 5 Reward points for every dollar spent in BB&B 1 point for every dollar spent elsewhere 1000 points= 10$ reward card 5% back on all purchases 30 Extra return days Discount Incentive (independent from store credit line) Weekly Specials Exclusive discount for registrants 20% coupons Price match Weekly specials Weekly specials Return Policy 1 year from date of purchase for purchases made through registry(or any product that has the Macys return label) So as long as item was purchased in BB&B and on registry(or accompanied with gift receipt) will be eligible for return/exchange Up to 1 year after your event date to return or exchange items from your Registry Bridal Consultants Yes Yes No Personal Shoppers Yes No No Partial Instore /Online Registry capabilities Yes Yes No Compatible Mobile App Brochure No Yes No
  • 24. “We wanted to choose a place where we could find trendy, homey items at an affordable price. It was also important to choose a brand that most people were familiar with, since a lot of our invitees where from Latin America” Interview One Team A
  • 25. Interview Two Team B • Couple received a gift card that consisted of 5% off of purchased items from the guests (5 months after the wedding) • Took longer to load online and limited display of items per page • More lavish, up-scale, higher end style • Online chat was helpful • Tons of promotional sales and honored price adjustments • Very selective and limited to quantity, selection, and brands to choose from • Couple received 20% off entire purchase since majority guests purchased items • Up to 90 items displayed per page • Reaches out to a younger crowd/fun • Received $20 gift card on Shutterfly and goodie basket filled with stuff • Convenience with selection and brands to choose from Interview Three Team B
  • 26. • Online portion was simple but took some time to practice navigating it (reluctant to login) • Keeps the couple in the loop with the latest merchandise and promotions even after the wedding • Needs to be based off of more than just their reputation • Needs improvement on reviews that were purchased in the past – Ability to post pictures – Ability to express more of an opinion – Needs an option of: Would you recommend this? • Online portion was easy to navigate • After the wedding, the company only sends monthly advertisements (not relating to wedding registry) • Made the couple feel as if they were a million bucks Interview Three Team B
  • 28. Create an advertising campaign during June and September, the wedding ‘high seasons’ Utilize the hashtag “#SAYIDOTOMACYS” across social media platforms to increase publicity of Macy’s gift registry program in an environment that is becoming increasingly dependent upon social media #sayidotomacys
  • 29. #sayidotomacys You can see two sample Instagram posts below from a Macys personal gift registry , as well as a contestant.
  • 30. Social Media • Snapchat, Instagram, Facebook, Pinterest • Native Content Educate, Entertain, And Sell
  • 31.
  • 32. When searching for “wedding registry” on Google, Macy’s gift registry comes in 7th, near the bottom of the page Macy’s can utilize a program such as Google Adwords to increase its Google searchability so that its website is higher up on the Google search page results Google Analytics Wedding Registry
  • 34. Custom URL • Macy’s should include the name of the couple in the URL for their registry. • Allow the input of the wedding information directly on the couple’s registry site. • Customization of colors and designs of site to match wedding theme.
  • 35.
  • 36. Custom Registry • Many make use of third-party registry sites that link sales to Macys & other retailers • Couples and their guests are loosing the interaction and attention they would receive from the Macy’s wedding registry department • Partnering with these third party sites will help Macy’s connect with their target market.
  • 38. Smart Scanning • Competitors have developed applications that can pull product information directly from the image of a product in a catalog. • Ease of registry can be enhanced by similar methods and technology. • Bridges the gap between the online and in-store experience.
  • 39.
  • 40. Group Funding and Rewards • Big ticket items can be intimidating. – Allow guests to “split the bill” • Allow guests to contribute to a fund with the incentive of getting rewarded for reaching various levels of total contributions. – Contributions can be applied toward a single item or the Dream Fund.
  • 41. Recap • Custom URL • Custom Registry • Free Gift For Registering Smart Scanning • Group Funding And Rewards • Review Upgrade • Dream Fun Honeymoon • Google Adwords • Social Media • #SayIDoToMacys Campaign
  • 43. Strengths • Exclusive and top quality merchandise • Strong brand recognition • My Macy’s Program rewards • Build awareness from 3rd parties • Advertising on social media Better incentives encourage customers to register with Macy’s Weakness • Expensive products • Limited budget to implement new strategies and recommendations Opportunities • Continually improving online process for customers to manage their registries • Addition of new or trending products • Expanding to more social media platforms • Growing fan base or followers on social media outlets Threats • Competition from other store’s registries • Competitors with more affordable prices • Changes in technology may influence customer’s experience with website and app • Customers who are not tech-savy may not be interested in managing their registries online
  • 44. Strengths • Strong online presence • My Macy’s Program rewards • Build awareness from 3rd parties • Advertising on social media Better incentives encourage customers to register with Macy’s
  • 45. Weaknesses • Expensive products • Limited budget to implement new strategies and recommendations
  • 46. Opportunities • Continually improving online process for customers to manage their registries • Addition of new or trending products • Expanding to more social media platforms • Growing fan base or followers on social media outlets
  • 47. Threats • Competition from other store’s registries • Competitors with more affordable prices • Changes in technology may influence customer’s experience with website and app • Customers who are not tech-savvy may not be interested in managing their registries online
  • 48. Step #1: Improve The Product Conclusion Step #2: Provide Value Upfront Step #3: Aggressively Promote