Question
Identify the need-based target market for Reformation including any identifying characteristics to support your recommendations. Recommendations: Revamp product selections to include a larger variety of
Identify the need-based target market for Reformation including any identifying characteristics to support your recommendations.
Recommendations:
- Revamp product selections to include a larger variety of plus-sized dresses within 1-2 years.
- Update existing website to include extended sizes listed with the regular sizes instead of separated into its own category.
Identifying characteristics:
- Key benefits
- Usage behaviors
- Demographics/Pshychographics
- Segment Size/Growth
- CLTV (customer lifetime value)
- Company Fit
- Persona
References:
https://www.statista.com/statistics/1008404/share-of-consumers-who-prefer-apparel-from-environmentally-friendly-brands-worldwide/#:~:text=In%202018%2C%2072%20percent%20of,clothing%20from%20environmentally%20friendly%20brands.
https://my-ibisworld-com.proxy.lib.pdx.edu/us/en/iexpert-specialized/od5097/iexpert#industry-structure
https://www.thereformation.com/pages/sustainablepractices
https://www.thereformation.com/pages/sustainability-at-reformation
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