brand and merchandising guidelines
Transcription
brand and merchandising guidelines
brand and merchandising guidelines contents goal To create consistency around product and brand representation through strategic sales partners. This document will serve as an inspirational tool for partners to effectively plan and execute their lululemon product merchandising and brand communications. trademark usage 2 print, signage, social & digital media 3 web logo usage 3 visual merchandising guidelines 5 visual merchandising education & tips 6 basic tips 6 your hot spot 6 bras, tanks & jackets 7 shorts, crops & pants 8 accessories 9 experience 9 sell-through brand guidelines 1 11 what is sell-through? 11 sell-through strategies 12 recommendations for pricing 12 trademark usage How did you find out about lululemon athletica? Most often the answer is through a friend, at class or an instructor/teacher was wearing the product. We’ve grown brand awareness through creating community relationships, connecting with great athletes, providing the best product to sweat in and focusing on authentic word of mouth. This allows guests to discover the brand on their own and create a personal connection through our product. Taking a community approach to promoting our brand, you’ll notice that we use minimal traditional advertising or marketing tactics in print or outdoor advertising materials. We partner with your business because we like your brand! You offer amazing classes, have great instructors and an authentic connection with your community. Your business is known as the go-to hub for your area of expertise whether it’s yoga, fitness, barre or Pilates. Highlighting your core business and focusing on your brand will ensure your guests and community have a strong connection to you that creates a clear identity of who you are as a business. When you focus on bringing new guests into your studio to experience your classes, they will discover the lululemon products that you carry, they’ll connect with seeing their instructor wearing their favorite lululemon pieces, and chat with staff and fellow students learning why they love lululemon so much. trademark usage | brand guidelines 2 what you need to know: Our company name, lululemon athletica, and logo are registered trademarks and we exclusively own the right to use them. Outlined in your contract, you will notice that strategic sales partners are prohibited from using our lululemon athletica trademarks, trade names or logos, including the stylized A, in any manner whatsoever without prior written consent. We take this very seriously as an organization and this stipulation is non-negotiable. Any breech can result in the immediate termination of our wholesale relationship. It is imperative anyone on your team who creates any form of communication abides by these guidelines and that, as business owners and managers, you are accountable for any breaches of the contract by any of your staff members. • please refer to ‘TERMS AND CONDITIONS OF APPOINTMENT’ in your Partnership Agreement for further detail print, signage, social & digital media WOM. Word of mouth. We make products that are worth talking about. They inspire authentic conversation focused on the innovation or features that make our technical garments special. Promoting your business and brand will increase your athletic guest base and the more people you have sweating at your studio the more word will spread that you are offering lululemon in your retail boutique. Your print, social and digital presence is a reflection of the main focus of your business – your amazing classes, studio and teachers. Although you may choose to highlight your retail offering, it’s essential you abide by our branding guidelines. When in doubt about our branding guidelines, please reach out to your account manager; but remember that you are prohibited from using lululemon athletica trademarks, trade names or logos, including the stylized A, anywhere. Please do not use our trade name lululemon athletica or our logo, including but not limited to: print, signage, social & digital media | brand guidelines 3 • • • • • • • • • • newspapers PR publications posters sandwich boards window decals newsletters Facebook, Twitter, YouTube, blogs email communication like e-newsletters and email blasts press releases studio promotional material: flyers, schedules, postcards, business cards best practices: • If you do wish to highlight that you offer apparel in your boutique, be creative by simply saying you ‘offer the best in technical athletic apparel’ • Circle communications back to your business – use photos of your staff in an athletic pose and take the opportunity to promote their class: ‘Amy is wearing her favorite tank for yoga – join her every Tuesday at 7:30pm for her Happy Hips class!’ • Create a powerful merchandise display using mannequins and key outfits. The beautifully merchandised apparel will speak volumes • Host a fit and function event for your members to educate about new apparel. Share testimonials of instructors or members talking about products they love to sweat in for specific activities web logo usage If you wish to identify lululemon as a brand carried in your retail boutique, please reach out to your account manager to get approval for web logo usage. visual merchandising guidelines visual merchandising guidelines | brand guidelines 4 visual merchandising guidelines Visual merchandising is an important part of your retail boutique. Powerful merchandising is the best way for you to showcase lululemon product in your space. At lululemon, we follow certain standards and best practices to create a powerful guest experience and representation of our brand. In accordance with the terms of our partnership agreement, we require that all strategic sales partners follow the merchandising guidelines listed below: • Partners must create a lululemon only retail section and refrain from mixing our product with other brands on retail display tables and racks • If using mannequins to showcase the lululemon brand refrain from mixing lululemon products with other brands on the mannequins • Mannequins will be positioned near your lululemon only retail section to highlight the available products • In accordance with our logo usage guidelines, refrain from using the lululemon name or logo in any studio/retail signage visual merchandising guidelines | brand guidelines 5 visual merchandising education & tips Visual merchandising is a valuable education tool. By grouping product together based on function, e.g., yoga product together, run product together, your guest is being educated through their visual experience. For educational speaking points, know that you can reference our “why we made this” hangtags, lululemon.com and our seasonal catalogues for a wealth of information. In the next few pages, we’ve compiled some of our best tips and tricks for your studio to try. Please share them with your studio’s staff and explore the many different ways you can create a beautiful presentation of our product for your guests. basic tips: • organize product in groups of colour and from smallest size to largest size for easy shopping • create a story: centre your display on a sport and choose your favorite pieces to feature • feature new colours and new products by changing displays regularly • think of your space as a pyramid, heavier pieces (sweaters, jackets, pants) below, lighter pieces (tanks, shirts) above visual merchandising education & tips | brand guidelines 6 your hot spot The hot spot is a section in your shop designed to display new goods that have just arrived or a new style that you want your guests to know you have. It is also a great place to pair slower selling items with new, seasonal product. We know there is minimal space in your boutiques, so a hot spot is a great way to highlight your newest lululemon product! why this hot spot is great: • product is well organized – it maximizes the space while keeping it easy to shop • bright colours and new product draw your attention as soon as you enter the door • outfit driven: jacket, tank, bra and pant – one stop shop • bags are stuffed giving them more of a premium look • accessories destination: all relevant accessories are placed in one area visual merchandising education & tips bras, tanks and jackets: • hang bras upside down on a pant hanger with the tags towards you - the bras stay in place better and are easier to handle when shopping • merchandise bras and tanks moderate to most supportive - product education is enhanced when displays are created by function • hang tanks and jackets on a top hanger with the hangtag facing you and group colours together - easy to shop and identify colors and styles. Cups in tanks make it difficult to fold or lay flat visual merchandising education & tips | brand guidelines 7 • showcase jackets’ finishing touches by doing up zippers and ensuring collars lay flat - neatly merchandised jackets save space and draw interest to the jacket’s features visual merchandising education & tips shorts, crops and pants: • merchandise shorts, crops and pants in cubbies or on hangers - easier to shop and easier to keep tidy • side hang shorts on a pant hanger - shows the features and helps differentiates between styles • merchandise pants and crops from tightest to loosest fit - easier to educate your guests on what type of pant they’re looking for visual merchandising education & tips | brand guidelines 8 visual merchandising education & tips accessories: Get creative in merchandising by making your own accessory destination. Here are four things to look for when merchandising our accessories in your boutique. These strategies are tried, tested and true: • place accessories with intention: group yoga product together, run product together, etc. • label baskets or shelves with size, where needed, for easy shopping • power of plenty: group headbands of the same colour together so stock looks plentiful • Show all colour options of one style together experience: visual merchandising education & tips | brand guidelines 9 • a clean space is an inviting space and it keeps product from becoming damaged • ensure the lighting accentuates the product and quickly replace burnt out bulbs • plants, flowers and props should match the quality of your shop and our brand sell-through sell through | brand guidelines 10 sell-through what is sell-through? Sell-through is a calculation, commonly represented as a percentage, comparing the amount of inventory you receive against what is sold over a period of time. sell-through % = units sold / (units on-hand + units sold) A higher value is better, indicating strong sales and appropriately planned inventory. If sell-through is low, this indicates either poor sales or too much inventory. The exception to this is your core items that carry through month to month and never age. These core styles in black and/or white will have a slower sell-through than your seasonal items. When looking at sell-through of your seasonal goods, take your core styles out of the equation in order to get a true idea of how your seasonal product is performing. example 1: At the end of October, you want to see your sell-through on your October seasonal order. In October-specific product, you have sold 34 units and you still have eight on hand. Your sell-through would be 34/(8+34)= 0.81. You have had 81% sell-through on your October future order. This is an example of strong sell-through. example 2: sell through | brand guidelines 11 At the end of November, you want to see your sell-through on your November seasonal order. In November-specific product, you have sold 10 units, and you still have 28 on hand. Your sell through would be 10/ (28+10)= 0.26. You have had 26% sell-through on your November future order. This is an example of poor sell-through. You can use this formula to dissect your business in any number of ways: by class (like women’s tanks), by style (like Wunder Under Crop) by size and so on. These numbers help you to determine the flow of product in your space. This will aid in forecasting your sales and help you answer the questions: • what product do I order? • how much and how often? • what are my top sellers? • what are my slow sellers? The answers to these questions will help you to focus on moving through the product you currently have, before ordering more. If you are proactive with calculating sell-through and acting accordingly, the result will be better sales at full price. sell-through strategies recommendations for pricing Our number one sell-through strategy is education. All other sell-through strategies only come into play when we know we’re providing amazing education on the product. Each situation is different and strategies that worked for one style may not be appropriate for another. The result of effective sell-through strategy is to be out of all sizes and colours at the same time. While we recognize that strategic sales partners are free to set whatever price they want for the products they offer, in an effort to honour the integrity of our brand, we have created some recommendations around items where markdowns would not be an appropriate sell-through strategy. This would be on our core styles in black or white and on any fresh new seasonal items. 1. education and product knowledge our core styles include: •has your staff tried on every garment? •has your staff read the “why we made this” product hang tags ? • as soon as new product arrives encourage your staff to do a fit session •ask staff if they feel confident educating on all fit, function, fabric and features 2. visual merchandising •is it merchandised beautifully and effectively? •is this item getting noticed by guests? Is it front and centre or is it tucked away in the back of the studio? • is it on mannequins and in your window? 3. community awareness •consider offering a discount to your staff (staff and instructors only please) sell through strategies | brand guidelines 12 •try gifting a slow selling style or colour to a superstar instructor or a key member of your community; if your guests see their favourite instructor wearing a new style, they might be inspired to purchase •Power Y Tank • Flow Y Bra • Cool Racerback Tank • Scoop Neck Tank • Define Jacket • Stride Jacket • Scuba Hoodie • Groove Crop • Groove Pant • Wunder Under Crop • Wunder Under Pant • Boogie Short • Run Inspire Crop • Run Response Short New seasonal items would be considered anything within the 60 days following the date of our invoice on each style that you purchase, unless your account manager provides you information otherwise in writing. For US partners- for more detailed information on this please refer to schedule B of ‘TERMS AND CONDITIONS OF APPOINTMENT’ in your partnership agreement for further detail.