nordstrom digital strategy brief
TRANSCRIPT
Nordstrom
Christian Louboutin
Rollout
Ted Marzolf
Nordstrom Digital
Advertising Strategy
Nordstrom buyers connected with CL
Luxury Good Distribution and Marketing – KEY
Focus on Digital with sampling of Traditional techniques
Very Concentrated Targets and duration
Overview
Target Market
Women 35-60
Midwest Metropolitan
Areas
Individualistic Reach
Concentration aids Personal Sales and
Brand Equity
Duration
Run in tandem with fashion cycles
Spring 2016 rollout
February through June
Preempt and outlast luxury competitors
Saks, Niemans, Barneys etc.
Increase in spending for luxury wardrobe as beginning of Spring
Happiness for end of Winter
Largest style overhaul next to Fall shows
KPI
Exposure: 1.5 Million
Digital Engagement Minimum: 500,000
Focus on Digital over Mortar and Brick stores
Ease of purchase online
Lack of retail locations for populous
Must sell entire line
Low buyer quantities
No outlet capabilities
Tools & Tactics: Digital
SEM – for website
Gain traction over competitors with have no exclusive
collaboration like Nordstrom
Captures both serious and flaky consumers
Social Media Placement
Facebook Primarily – Average Age: 40+
Google AdWords
Youtube and Vevo
Search Engine Queries
Tools & Tactics: Traditional
• Magazine placement for March Issues
• Largest issue published (500+ pages usually)
• Buys in Vogue and Harpers Bazaar
• Educates + Elevates Brand Equity
Budget
500-550 hours for initial set up and maintenance over
Quarter
2 million for ad purchases
Highest on magazine
Hourly Rate (first 500 hours): $375
Hourly Rate (After initial estimates): $250
Total Estimate: $2.5 - 3 Million
Summary
Small Targets
Spring 2016 Rollout
February 1 – June 1
KPI:
Exposure: 1.5 million (Min.)
Engagement: 500,000 (Min.)
Focus on Digital
Spillover into Traditional – necessary
Budget: $2.5 – 3 Million
Examples
Google Ad Words
Social Media Advertisement – Landing Page for Digital Advertisement