pr proposal

34

Upload: hailey-harrison

Post on 16-Jan-2017

23 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: PR Proposal

Page | 0

Page 2: PR Proposal

Page | 1

Nikkous Crump - President

Alex Hahn – Account Supervisor

Carly Besser – Media Relations Manager

Hailey Harrison – Research Coordinator

A PR Campaign Proposal for Dan’s

Page 3: PR Proposal

Page | 2

Table of Contents

Section Page

Executive Summary ..................................................................................................................3

Agency Overview .......................................................................................................................4

Meet the Team ..........................................................................................................................4

Corporate Background ..............................................................................................................9

Situation Analysis .....................................................................................................................10

Central Problem Statement ......................................................................................................11

Central Message Themes ..........................................................................................................11

Targeted Publics .......................................................................................................................12

The Public Relations Plan .........................................................................................................14

Facebook .............................................................................................................................15

Instagram ............................................................................................................................17

News Releases .....................................................................................................................19

Eblasts .................................................................................................................................20

Line-Item Budget ......................................................................................................................22

Timetable ..................................................................................................................................23

Evaluative Measures .................................................................................................................24

Supporting Documents ...................................................................................................................... 25

Page 4: PR Proposal

Page | 3

Executive Summary

Dan’s is a clothing retailer in Murray, Ky. It opened in 1988 and despite being open for

almost three decades, it is still unknown to many students and residents of Murray. Its lack of

formal public relations and effective online promotions are weaknesses than slow Dan’s from

further growth. Newer businesses like Gate 28 and Ribbon Chix are growing competition for

Dan’s, which adds pressure on the company to establish newfound relevance. The agency has

crafted a complete (standing) one-year PR plan that includes strategies and tactics designed to

reach Murray State students, Greek students, permanent Murray residents and the mass media.

Overall, our goal is to increase awareness and relevance of Dan’s within the year.

Page 5: PR Proposal

Page | 4

Agency Overview

Calloway Prestige Media Group provides values-driven communications management to

local businesses in the Murray-Calloway County area. Our team of professionals strives to

deliver the highest level of professionalism and expertise while also providing clients, and

their publics, with effective service and results.

Meet the Team

Nikkous Crump - President

As President, Mr. Crump will manage day-to-day operations within the agency in order to

maintain morale and provide clients with the most effective campaigns possible.

Alex Hahn - Account Supervisor

As Account Supervisor, Mr. Hahn will serve as a liaison to the agency’s extensive contacts with

local, regional and national news media. He will build mutually beneficial relationships with

clients, learn the background and history of the business, as well as communicate with

departments within the agency.

Carly Besser - Media Relations Manager

As Media Relations Manager, Ms. Besser will serve as the day-to-day contact with news media

representatives. She will monitor all aspects of our clients’ social media. She also has the

responsibility to write news releases, set up media conferences and suggest story ideas to media

personnel.

Hailey Harrison - Research Coordinator

As Research Coordinator Ms. Harrison will coordinate secondary information gathering and

conduct surveys. She will gather the necessary information needed for management decision-

making for the benefit of each client.

Page 6: PR Proposal

Page | 5

Nikkous Crump

413 North 17th Street• Murray, Kentucky • 42071 CELL (901) 907-9395 • E-MAIL [email protected]

EDUCATION Murray State University | Anticipated Graduation, May 2016 Murray, Kentucky Nonprofit Leadership Studies Major Minor in Organizational Communication EXPERIENCE Army National Guard 88 Mike, Transportation Corps JUNE 2012 - PRESENT

● Practiced the art of discipline ● Gained and practiced showing respect

Pella Corporation General Industrial Worker MAY 2014 – AUGUST 2014

● Production line worker ● Gained team working skills

Murray State University ROTC Company Commander AUGSUST 2013 – AUGUST 2014

● Provided leadership skills and delegations ● Implemented time management skills

Walmart Overnight Stocker AUGUST 2013 – DECEMBER 2013

● Practiced customer service ● Heavy lifting to restock store shelves

SKILLS Software Experience with Microsoft Office Social Media Administration Facebook, Twitter Activities Omega Psi Phi Fraternity (President), Murray State University Black Student Council, Murray State University Office of Multicultural Affairs Team Leader, Murray State Football Team, Murray State ROTC, Murray State University “Realities on Campus” Staff

REFERENCES Available upon request

Page 7: PR Proposal

Page | 6

Alex Hahn

320 Dorris Drive• Metropolis, Illinois • 62960 CELL (618) 638-7284 • E-MAIL [email protected]

EDUCATION Murray State University | Anticipated Graduation, May 2015 Murray, Kentucky | GPA: 3.50 Business Administration Major Minor in Marketing EXPERIENCE Hutson Inc. Customer Account Agent 2011 - PRESENT

● Served as a sales account agent ● Performed Financial Credit Applications ● Assisted in company public relations strategies

Hutson Inc. Internship SUMMER 2013

● Learned marketing strategies of the corporation ● Used managerial skills to delegate tasks

SKILLS Software Experience with Microsoft Office: Word, Excel, PowerPoint, & Access Social Media Administration Facebook, Twitter Achievements Collegiate National Honor Society, Surpassed $200K Internship, Accepted into Arthur J. Bauernfeind College of Business Activities Alpha Sigma Phi Fraternity, Murray State University First Year Leader, Rake and Run Community Service Participant, Habitat for Humanity Community Service Participant, American Heart Association Heart Walk Participant

REFERENCES Available upon request

Page 8: PR Proposal

Page | 7

Carly Besser

100 Murray State Drive• Murray, Kentucky • 42071 CELL (502) 345-8072 • E-MAIL [email protected]

EDUCATION Murray State University | Anticipated Graduation, May 2015 Murray, Kentucky | GPA: 3.4 BS in Journalism ACEJMC-Accredited Minor in Criminal Justice EXPERIENCE The Murray State News Opinion Editor, former Assistant Sports Editor AUGUST 2011 - MAY 2015

● Responsible for managing a staff, writing staff opinion pieces and columns. ● Attending and covering college sports games. ● Laying out the newspaper on both Quark Xpress and Adobe InDesign.

The Elizabethtown News-Enterprise General Assignment Reporter MAY 2014 - AUGUST 2014

● Summer internship through the Kentucky Press Association. ● Responsible for crime and court reporting duties, writing stories. ● Experience in filing open records request, relations with law enforcement and community

reporting.

The Eagle Post/The Kentucky New Era General Assignment Reporter MAY 2013 - AUGUST 2013

● Summer internship through the Kentucky Press Association. ● Responsible for general assignment reporting duties, covering local news stories and writing

community news stories. ● Experience in laying out pages in Adobe InDesign.

Freelance Experience/Other Work Experience Self Employed AUGUST 2013 – MAY 2015

● Experience in freelance sports reporting in high school football and soccer for the Marshall County Tribune Courier (2013).

● Designer and contributing writer for Murray State’s Gateway Magazine, Fort Campbell Families Magazine and Kentucky at Home Magazine (2011-2015).

● Worked with a group to create comprehensive public relations and marketing strategy for Dan’s Clothing Store (2015).

SKILLS Software Microsoft Office, Adobe InDesign, Quark Xpress, Mac & Windows OS, Adobe Photoshop & Final Cut Pro Social Media Administration Facebook, Twitter, Instagram, Wordpress, Tweetdeck Activities Associate Member of Murray State Public Relations Student Society of America

REFERENCES Available upon request

Page 9: PR Proposal

Page | 8

Hailey Harrison

2305 Brookhaven Drive• Murray, Kentucky • 42071 CELL (270) 293-2488 • E-MAIL [email protected]

EDUCATION Murray State University | Anticipated Graduation, May 2017 Murray, Kentucky | GPA: 3.66 Public Relations Major Minor in Marketing EXPERIENCE Murray State University Office of the Provost, Academic Affairs JULY 2013 - PRESENT

● Assisted in filing documents, copies, and answering and directing phone calls. ● Coordinated student worker schedules. ● Provided assistance in making academic course schedule corrections. ● Aided university treasurer in creating university budgets.

Murray State University Office of Recruitment NOVEMBER 2014 - PRESENT

● Summer Orientation Counselor ● Racer 101 Counselor

● Provided prospective students and families with campus tours. ● Transitioned incoming students into a collegiate environment.

Campus Tan General Sales Clerk JUNE 2014 - PRESENT

● Sales clerk ● Promoted tanning packages ● Social media operator ● Cleaned and sanitized tanning beds after each use.

SKILLS Software Extensive experience with Microsoft Word, Excel, Publisher, and PowerPoint, basic knowledge of Adobe InDesign & Adobe Photoshop Certifications Microsoft Word 2007/2010, PowerPoint 2010 & Excel 2010, Kentucky Administrative Support Skill Standards Certification Social Media Administration Facebook, Twitter, Instagram, Pinterest Activities Alpha Sigma Alpha Sorority (New Member Chairman), Future Business Leaders of America-Phi Beta Lambda (Secretary), Campus Activities Board (Membership Chairman), Murray State Lions Club, Murray State Student Ambassador, Baptist Campus Ministry, Campus Outreach

REFERENCES Available upon request

Page 10: PR Proposal

Page | 9

Corporate Background: Dan’s Men’s Clothing

Dan’s started 27 years ago in August of 1988, when Dan Foster and his mother Pat Foster

started their retail-clothing store. Pat had worked at retailer Corn Austin in downtown Murray

for over 20 years; son Dan worked there while he attended high school. When Dan saw the

opportunity for the pair to open a men’s clothing store, he jumped at it.

Dan’s offers many brands, including Southern Tide, Vineyard Vines, Southern Proper,

Hart Schaffer, Cole Haan, Johnston & Murphy, Robert Graham, Robert Talbot, Enro, Tommy

Bahama, Peter Millar, Bugatchi, Polo, Jonnie O, Fossil, and Lucky Mauvi. The selection of brand

names reflects true grit and the spirit of the South. High-end brands are popular not only with

younger males, but older generations as well.

Dan’s was founded on friendship and family. When customers walk into the store they

get an immediate positive experience. Foster currently has one Dan’s location and no plans to

expand, but he hopes to increase sales by reaching the Murray State Community and full-time

residents. Eventually, the company plans to relocate to a larger facility.

Page 11: PR Proposal

Page | 10

Situation Analysis

Dan’s is a long-standing competitor in Murray’s upper-scale clothing market. The store

has familiarity with full-time residents because it has been open for 27 years, but other stores in

the area are gaining influence through effective social media. Dan’s plans to expand their store,

but an analysis of how to make their products relevant will help with the momentum that will

come with the physical restructuring of the store.

Dan’s identity is rooted in southern-style, higher quality casualwear that has a strong

niche with the Greek community at Murray State. Its primary product is pastel clothing from

established name brands, but it has a supporting market of tuxedo rentals that is less heard of.

Though Dan’s is as a men’s clothing store, it also has a prominent female customer base.

This is why companies like Gate 28, Ribbon Chix and D.K. Kelley are formidable competition.

Gate 28 today carries the same brands as Dan’s, but it also regularly uses social media. Dan’s

competitors have an edge because they use social media effectively. The university is a strong

external factor in the success of Dan’s, but it also presents challenges. University students are

the primary customer base of the store, but because the turnover rate for students is high

(students leave the University after 1-4 years), Dan’s must consistently make itself visible to a

new population every year. This could be strengthened with a stronger relationship to the

University. Dan’s is close to Murray State in proximity, but it has additional opportunities to

expand the brand on campus.

Page 12: PR Proposal

Page | 11

Central Problem Statement

There is a general lack of awareness in the Murray community about Dan’s, its location

and product lines. Also, a lack of general conception that Dan’s only focuses on the public of

Murray State students, specifically Greek students.

Central Message Themes

● Rents quality formal wear

● Offers great discounts and affordable prices

● Is located campus-adjacent

● Carries the most popular brands and current fashions

● Continually updates product lines

Page 13: PR Proposal

Page | 12

Targeted Publics

1. Full-time Students at Murray State University:

There are approximately 11,207 students enrolled at Murray Student University for

the 2014-15 school year. The full-time student body makes up more than half of the city’s

total population of 18,106, so the entire Murray State student population is a public worth

targeting. Murray State’s campus population is 60 percent female and 40 percent male.

Approximately 17 percent of students belong to a Greek organization, which is why students

in sororities and fraternities are also a key public that contribute to the success of Dan’s

Men’s Clothing Store.

Though the Greek community is a subset of the main student body, they are

considered a separate public because their clothing interests are congruent with the

merchandise that Dan’s carries. Fraternity and Sorority members are largely interested in

semi-formal and high-end name brand clothing companies. Because Dan’s carries brands

like Southern Tide, Southern Marsh, Southern Proper, Vineyard Vines and more, their

merchandise specifically targets Greek members. The marketing campaigns of these brands

reach out to Greek college students as a primary public.

2. Male Residents of Murray, Ages 16-35:

Dan’s offers a tuxedo rental service, but it does not market this service as heavily. The

population of Murray is 18,106. 8,290 members of this group are males. Those 8,290 males

will want rental tuxedos for homecoming, prom and other formal events. The tuxedo rental

service is an opportunity to target not only college-aged males, but males in high school.

Page 14: PR Proposal

Page | 13

3. Media Outlets:

● Print: The Murray Ledger and Times, The Paducah Sun, The Murray State

News, The Laker, The Murray Black & Gold.

● FM Radio: WKYQ 93.3, WFGS 103.7, WKMS 91.3, WLLE 102.1, WDDJ 96.9

● Television: WPSD Local 6, MSU TV-11

Page 15: PR Proposal

Page | 14

The PR Plan

Page 16: PR Proposal

Page | 15

Tactic: Social Media (Facebook)

Targeted Public: Murray State students

Rationale: When it comes to promotions or getting business out there, Facebook is by

far one of the most popular and easiest way to do so. Facebook currently has a steady

user base of 1.23 active posters. With the right tools strategies and of course tactics.

Tactics or avenues of approach that would work best for Dan’s on Facebook is no

different from any other business.

Description: Here is a list of tactics that will impact Dan’s in a big way on Facebook.

1. Show Customers fun -- Showing the customers fun will bring them to the store.

Post pictures and videos that will make the store seem like an exciting place to be.

2. Respond to everyone’s questions or comments as a way to extend customer

service.

3. Deliver Content that will interest customers -- Post sales and new inventory.

Philanthropy or donations of sale profits will give a customer a good reason to

come spend. Also, Dan’s could have contest for the store. Dan’s could have a prize

for the customer who raises the most money for the philanthropy. Competitions

always get people excited.

4. Capture the mood of the season -- The post’s should be seasonally relevant. For

example, promote the summer collection just as spring times hit. Have some

local students at the university model that upcoming season’s clothing.

5. Suggestion box/recommendations – Build in the Facebook app in order for fans

to share what they would like to see on the page.

Page 17: PR Proposal

Page | 16

SAMPLE FACEBOOK POST

Dan’s

Page 18: PR Proposal

Page | 17

Tactic: Social Media (Instagram)

Targeted Public: Murray State students

Rationale: With more than 300 million user accounts, Instagram is currently the fastest-

growing social media network in the world. After its purchase by Facebook in 2012, this network

has seen exponential growth in engagement, especially among college students. Its ties to

Facebook make it a solid complement to any Facebook effort. It is most popular with the 18-25-

year-old demographic, making it a resource for Dan’s to add in this expansion of its overall

social media presence.

Description: Instagram is a social network based on the sharing of video and photo content.

Its highly visual nature makes it a perfect complement to Dan’s existing Facebook and Twitter

business pages. Currently, the retailer has used Instagram to post photos of new inventory.

While this is a good step toward building a follower base, professional management of the

account under a content posting strategy and consistent schedule of posts will improve reach

and frequency of messaging. The purpose of the social media presence for Dan’s is to drive

conversation about product lines, brands and the store while also driving foot traffic to the retail

establishment.

The agency will develop a content and posting strategy that maximizes exposure of new

arrivals and sale inventory. A key component of this plan will be hosting weekly photo/video

contests to encourage followers to generate content (CGC-Consumer Generated Content) for the

store. By incentivizing the weekly contest with prices (10$ off a purchase within 30 days) to the

pics and videos that receives the most shares and likes, we can increase the follower base early

on in this campaign. Hashtags will also be incorporated into the new strategy, allowing for easy

tracking of conversations across our platform.

Page 19: PR Proposal

Page | 18

SAMPLE INSTAGRAM POST

Page 20: PR Proposal

Page | 19

Tactic: News Releases

Targeted Public: Residents of Murray-Calloway County, Mass Media Outlets

Rationale: News releases are one of the most important, misused instruments in the world of

public relations. A traditional news release is written by a journalist or public relations

practitioner. A good article is objective, newsworthy and unbiased. Press releases are then

disseminated to appropriate news outlets in a variety of ways. Media relations and “pitches”

help professionals to gain media exposure. These article then appear in highly credible mass

media, and influence the audiences and circulations of those outlets. Once published or

broadcasted successfully, there is nothing more persuasive or influential than a credible news

article.

Description: Press releases will be generated for and disseminated to the following print

publications, television and radio stations –Print: The Murray Ledger and Times, The Paducah

Sun, The Murray State News, The Laker, The Murray Black & Gold. Television stations: WPSD

Local 6, MSU TV-11. FM radio stations: WKYQ 93.3, WFGS 103.7, WKMS 91.3, WLLE 102.1,

WDDJ 96.9.The agency will release one article per month to the media distribution list on the

second Monday of each month. Below are sample headlines/topics for a number of the articles

and features planned for this one-year campaign.

SAMPLE HEADLINES

1. June 2015: Dan’s brings southern hospitality to Summer Orientation students.

2. August 2015: Dan’s makes move-in day cooler with water bottle giveaways.

3. October 2015: Dan’s brings class to tent city with giveaways, cornhole contest.

4. January 2016: Dan’s partners with Greeks for Spring-rush “no-hazing” campaign

5. March 2016: Greek gents suit up, get fitted for formals.

Page 21: PR Proposal

Page | 20

Tactic: Eblasts

Targeted Public: Murray State students, Greek students and residents

Rationale: Nearly 92% of Americans check an email account on a regular basis, making email

marketing a powerful and direct way to access consumer audiences. Eblasts are electronic mail

designed for one-time offers. E-letters are regularly recurring publications that come out at

regular intervals. We recommend the use of eblasts in this campaign. Targeted, one-time-use

offers and messages can be designed using custom graphics and targets to an opt-in subscriber

list. This is a far less expensive alternative to traditional advertising or to printed newsletters. It

is the establishment of a healthy opt-in subscriber base through a good email marketing

platform makes it a productive tool for businesses of any size. Most working adults have an

email account associated with their place of employment, and the majority of adults in this

Murray demographic have access to computers, smart phones and other digital devices, making

email the ideal medium for corresponding with them as needed.

Description: The agency will craft and distribute monthly eblasts, each containing a special

offer to be redeemed in-store for easy tracking. We recommend the use of Vertical Response or

Vocus as our email marketing platform. Both platforms are cost-effective options that will

double as database management tool to store and maintain email addresses and other valuable

customer data. This data will become even more important to ongoing consumer research and

targeting as well as the evaluation of this eblast tactic.

In order to develop and grow the initial email database, we will collect email addresses

in-store at the checkout counter as well as through a custom application added to Dan’s

Facebook page. Fans of the page can sign up to receive discounts and special offers via email by

simply adding their email addresses on Facebook. The synchronization of Facebook, Instagram

and the email marketing platform will cost less than $25/month and yield a valuable take in this

Page 22: PR Proposal

Page | 21

growing list of subscribers. The agency will design each eblast message individually with special

attention to subject lines that motivate readers to click on and open each message.

SAMPLE EBLAST SUBJECT LINES

1. Sun’s out? Guns out! Check our newest deals on Southern Tide tank-tops!

2. Get your pastel game on point with our clearance shorts!

3. Christmas is around the corner: Surprise your southern lady with our latest pullover

collection!

4. Going out cruising at the lake? Don’t lose your shades. Croakies are in stock!

5. Gentlemen have to look the part. Free tux fittings just in time for prom/formal season!

Page 23: PR Proposal

Page | 22

Line-Item Budget

ITEM COST

----------------------------------------------------------------------------------------------------------------

Monthly subscription to Vertical Response ($25/month x 12) - $ 300.

Facebook contest prizes (merchandise- at cost x 12) - 200.

----------------------------------------------------------------------------------------------------------------

TOTAL $500.

Page 24: PR Proposal

Page | 23

Timetable

EVENTS STARTING ENDING

ANALYTIC REPORT 4.14.2015 4.13.2016

NEWS LETTER 4.14.2015 4.14.2016

E-LETTER 4.14.2015 4.14.2016

INSATGRAM/FACEBOOK POST 4.14.2015 4.14.2016

DAYS OF ACTIONS

15th OF EACH MONTH

1st OF EVERY MONTH

END EVERY MONTH

BI-WEEKLY

APRIL MAY JUNE JULY AUGUST SEPTEMBER

S M T W T F S

1 2 3 4

5 6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

S M T W T F S

1 2

3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1 2 3 4 5 6

7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

S M T W T F S

1 2 3 4

5 6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1

2 3 4 5 6 7 8

9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1 2 3 4 5

6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH

S M T W T F S

1 2 3

4 5 6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1 2 3 4 5 6 7

8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

S M T W T F S

1 2 3 4 5

6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1 2

3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

S M T W T F S

1 2 3 4 5 6

7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

S M T W T F S

1 2 3 4 5

6 7 8 9 10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

Page 25: PR Proposal

Page | 24

Evaluative Measures

In order to determine the success of each proposed tactic, the agency will administer a

post-campaign survey for the Murray State population using the same questionnaire developed

for the pre-campaign survey. Results of the two surveys will allow us to measure the overall

change in awareness levels after the 12 month campaign closes. To evaluate the individual,

tactics, we will implement the following measures.

Social Media (Instagram and Facebook): In this campaign plan, the Facebook and

Instagram accounts will be updated and monitored on a daily basis. The built-in “Insights”

analytics applications provided by the networks will enable the agency’s social media team to

manage all metrics and compile monthly reports.

News Releases: The success of the news releases will be determined by how many placements,

pick-ups or hits it receives in the various mass media outlets. Clipping services will be provided

on a monthly basis with all media tracked and copied back to the client. In addition, an annual

reporters totaling all media exposure will be provided at year’s end.

Eblasts: Vertical Response includes a built-in metrics and analytics application that will allow

the agency to monitor how many readers open each eblast, how much time they spend reading

each email and which live links they click on. A report will be automatically generated for the

client within one week of each distribution. Because the majority of the tactics in this plan are

digitally-based, Google analytics will also provide vital information about the overall success of

the campaign.

Page 26: PR Proposal

Page | 25

Supporting

Documentation

Page 27: PR Proposal

Page | 26

Pre-Campaign Survey Results

Page 28: PR Proposal

Page | 27

Page 29: PR Proposal

Page | 28

Page 30: PR Proposal

Page | 29

Page 31: PR Proposal

Page | 30

SWOT Analysis

Internal External

Internal Strengths Weaknesses

· Location

· Customer loyalty

· In-house tuxedo sizing

· Competitive pricing

· No website

· Price tags missing in areas

· Staff issues

· Lack of diversity and training

External Opportunities Threats

· Greater appeal to women

· Establish campus ambassadors

· Add online retail

· New entrants/competition

· Substitute products

· Changing consumer interests and

trends

Conclusions

Strengths

Dan’s clothing store is located mere steps from the campus of Murray State University giving the

business one of the best locations for potential student customers. Being that Dan’s has been in

operation in Murray 27 years, the business has developed a strong sense of customer loyalty

throughout the community. A distinct strength of Dan’s is the offering of in-house tuxedo

rentals and sizing. Dan’s is the only business in Murray that offers this convenience to

customers. Dan’s offers unique clothing brands at competitive prices that are unavailable at

many other retail stores giving Dan’s an overall competitive advantage.

Page 32: PR Proposal

Page | 31

Weaknesses

With online retail becoming such a desire for many customers, the lack of a website to view and

purchase clothing is considered to be a weakness of Dan’s. A few observations were made by

visiting the store. Clothing items in various sections of the store were found to be missing price

tags which was found to cause confusion when it came to the price of merchandise. Another

observation made was aside from Dan, there were only females who appeared to be sorority girls

working. This can be a weakness when it comes to a diverse workplace and shopping

environment.

Opportunities

Dan’s offers unique clothing brands such as Southern Tide, Polo Ralph Lauren, and Southern

Marsh. Dan’s currently carries only men’s lines of these clothing brands. A great opportunity

would be to expand and offer women’s lines of the brands as well. This would increase customer

base and create more variety in the store as well as offering online retail for all brands through

use of a website. The creation of a student ambassadorship program on the Murray State

Campus would also be a great way to get representatives out to spread the word about the

business and once again expand customer base.

Threats

Being that Dan’s is the only retail store in Murray specific to selling menswear, there is always

room for new entrants into the market and the creation of competition. Substitute products

may also be a threat to Dan’s. For example, some young men may substitute two-piece suits, or

sport coats and dress pants for tuxedos. This along with the changing of interests and ever-

evolving trends can be potential threats to Dan’s.

Page 33: PR Proposal

Page | 32

Industry and Competitive Analysis

Dan’s men’s clothing store offers tuxedo rentals along with a selection of men’s clothing.

Dan’s is a local competitor in the men’s formalwear and the men’s casualwear industries.

According to the World Industry and Market Outlook Report, the men’s clothing industry

improved from 0.5 percent sales in 2011-2012, to 7.5 percent sales in 2014-2015. The industry

currently grosses $11 billion in revenue in the U.S. alone. There are 9,242 U.S. businesses that

specialize in men’s clothing.

The growth in men’s clothing is similar to the women’s clothing industry and department

stores. Other retailers in Murray offer men’s clothing, but do not specialize in it. These

competitors include JCPenney, Walmart, Hibbett Sports and Rue 21. Dan’s is the only store in

Murray that supplies Southern Marsh, Southern Tide, Southern Proper and Vineyard Vine

brands. Dan’s primary competitor is Gate 28, which recently expanded to offer men’s clothing.

Women’s clothing stores in Murray include D.K. Kelley’s, Ribbon Chix, Carey’s, Maurice’s and

Cato.

Dan’s is one of three local businesses that offer tuxedo rentals. The other two are

Celebrations of Murray and Jim’s Formalwear. The closest chain competitor for tuxedo rentals is

the Men’s Wearhouse in Paducah, Kentucky. In its SWOT analysis, Men’s Wearhouse lists 83

percent of its sales revenue in the U.S. The company’s total revenue for 2014 was $3.3 billion.

The corporate franchise holds the largest share of the men’s retail clothing industry.

Page 34: PR Proposal

Page | 33

References

Men’s Clothing Stores Industry. (NAICS 44811). (2015). World Industry & Market Outlook

Report. 1-165.

The Men’s Wearhouse Inc. SWOT Analysis. (2014). Men’s Wearhouse Inc. SWOT Analysis. 1-8.

U.S. Census Bureau. (2011). State and County Quickfacts: Murray, Ky. Retrieved from

http://quickfacts.census.gov/qfd/states/21/21035.html

Forbes Magazine. (2014). Murray State University. Retrieved from

http://www.forbes.com/colleges/murray-state-university/

A Dan-dy fit - Business - Paducah Sun. (2015, April 19). Retrieved April 28, 2015, from

http://www.paducahsun.com/business/041915_PS_Biz_Dans