Cole & Parker creates trendy socks and donates 20% of profits to Kiva, a microfinance organization. They were asked to develop a digital strategy to better engage millennials. Research found millennials are responsive to sustainability and want brands with social missions. The presentation proposes telling the story of "The Common Thread" to show how purchases connect individuals. Solutions include pop-up stores, social media campaigns, and a mobile app to track impact. The goal is to engage millennials and show how their purchases directly help entrepreneurs through Kiva loans.
3. The Ask
We were asked to create a digital strategy for a ‘do-good’ organization in order to better
engage millennials….
4. The Power of Millennials
19-36 $1.6 Trillion
80 Million $430 Billion
Ages: Est. Spending Power:
Market Size:
Est. Discretionary Nonessential Spending:
7. Who is Cole + Parker?
Cole + Parker creates trendy statement socks
with a socially conscious mission
Socks that help entrepreneurs around the world
start their own businesses
Gives 20% of each pair of socks sold to Kiva, a global
microfinance organization
o Kiva gives loans to people without access to
traditional banking systems through field partners
Average product cost $24
9. Why Cole + Parker?
Today’s millennials have a large skepticism of big corporations and are more interested
in brands that practice corporate social responsibility and sustainability efforts
Cole + Parker, a company born from a 2013 IndieGogo crowd funding campaign,
exemplifies a cause millennials are willing to support and participate in
Millennials continue to play a large role in within Cole + Parker’s brand story
11. Consumers Promote Brands that Support Social
Causes
90% of Americans say they are more likely to trust a brand
and feel loyal to companies that back social causes
88% of Americans want to hear about CSR efforts
12. Consumers Would:
88%
88%
84%
79%
76%
74%
Stop buying from an irresponsible or deceptive company
Tell friends and family about a companies CSR efforts
Donate to a charity that is supported by a trusted company
Volunteer for a cause supported by a trusted company
Voice an opinion about a company’s CSR efforts
Buy a product with a social or environmental benefit
13. Engage Consumers with Relevent Content
64 % of millennials use social media to engage
with companies about social and environmental issues
27% share positive information
26% learn more about companies
16% contribute directly to companies pledges
15% directly communicate directly with companies
15. How to Engage Millennials
Share individual
stories
Show the numbers Use the
audience
16. Current Digital Presence
Cole + Parker has a basic digital
foundation on their website and three
social media channels
Platform Followers Engagement
Rate
Posts
Instagram 4,043 3% 728
Twitter 1,870 0.13% 4,945
Facebook 3,741 0.01% 801
17. Limited Target in Content
Currently targeting only white male professionals with career quotes overlay
18. Inconsistent Messaging
Main Message: “Socks that start businesses”
Variety of other messages presented to consumers before reaching this slogan
Platform Message
Website “Socks that start businesses”
Instagram “Each purchase loans to entrepreneurs
in poverty”
Twitter “Socks for leaders, legends, and
entrepreneurs”
Facebook “We make bold, colorful, premium
quality socks for the world’s leaders,
legends and entrepreneurs. Ask us
how socks start businesses”
19. Painpoints
Lack of engaging digital content on online platforms
Minimal emphasis on the do good aspect of the company
Incomplete Omni-channel experience
Lack of diverse and inclusive advertising
22. INTERVIEWS
• Interviewed 20 millennials
from Strategy, UX, PM, AM
and Creative
Topics Covered:
• Fashion sense
• Fashion inspiration
• Shopping behavior
• Volunteer/charity involvement
• Campaigns that resonated with
them
24. Wesley (Wes)
Age: 24
City: New York, NY
Occupation: 1st Year Financial Analysts
Income: $85K-$110K
Internet Usage: Heavy
Style: Current & changing with seasonal
trends
25. Blake
Age: 25
City: Seattle, WA
Occupation: Executive Assistant
Income: 40-50k
Internet Usage: Medium-Heavy
Style: Grungy, Refined in the Office
26. Blake
Age: 25
Seattle, Washington
Executive Assistant
Income: 40-50k
Grungy, Refined in the Office
Smartphone, Laptop, Tablet
In-Store Shopper
Shops 2x a month
Internet Usage: Medium-Heavy
Mobile Apps: Agar.io, Nod, Bloglovin’
Do-Good: #BlackLivesMatter, Free Tibet
27. Sloan
Age: 32
City: Chicago, IL
Occupation: Professional- Media
Production
Income: $150,000+
Internet Usage: Heavy
Style: Put together and trendy; explores
new shapes and materials; wears darker
colors; heavy on accessories
28. Zoe
Age: 29
City: Montreal, CA
Occupation: Corporate Lawyer
Income: $75K-$150K
Internet Usage: Frequent
Style: Conservative, 3- Months behind
the trends
37. Social: “The Common Thread”
“A Sock That’s Never Lost” Campaign
• Support the campaign with consistent messaging through content
• Provide unique platforms for digital consumer experiences
• Foster a Cole + Parker digital community through user-generated content and
sharing purchases/tracker information
38. “The Common Thread” Social
Platform Purpose
Instagram • User-generated content with C+P hashtags
• Partner with stores, influencers, brands
• Spotlight entrepreneurs and visual features
Twitter • Maintain a transparent, reliable brand voice 24/7
• Community Engagement
• Celebrity Hosting Q&A Sessions
Facebook • Paid Media & Banners
• HONY Themed Content for KIVA entrepreneurs and C+P Customers
• Cole + Parker Day in the Life Videos
In order to simulate a real pitch presentation, we will act like the audience has become the Cole and Parker client.
Relocate before C&P introduction?
Enlarge this photo
Image?
Fix last bullet
Make the header a takeaway
Placement??????
Unclear Header?
After exploring Cole + Parker’s current user experiences, these are the opportunities for growth
Robust search function
Comprehensive filtering/categorization
Simple checkout experience
Shopping behavior includes money spent, frequency, ecomm v/s in store
Do we like this framework?
We want to leverage this desire by bringing together individuals & pre-existing communities in order to create one global C&P Community
We want to leverage this desire by bringing together individuals & pre-existing communities in order to create one global C&P Community
Unifying individuals, teams/organizations and to build a global C&P community
Make Header a Take-Away?
Bullets too general?
Rename this header so it isn’t the same as previous slide (make it a little more specific – the role of social?)
U.S. digital shoppers see the ability to check in-store availability online as the most important omnichannel capability
For Example, Time Square & Soho -New York, Boston Commons- Boston, Melrose Avenue- California
Pop-up locations make the product come alive and gets awareness that the brand and mission need (few people currently know about C&P)
NYC- SOHO
BOSTON- faneuil hall
Chicago- Wicker Park
Seattle- westlake centre plaza
LA- Venice Beach
Montreal- Latin Quarter
Commonality: attract young crowd, high-foot traffic, a place where shoppers already reside, cool factor that attracts both tourists as well as locals
Make Header a Take-Away?
Bullets too general?
Make Header a Take-Away?
Bullets too general?
Make Header a Take-Away?
Bullets too general?
Make Header a Take-Away?
Bullets too general?
Live video social media platforms are serving as a popular means for millennials to share content (consider omitting this from the slide and make talking pt)
http://skift.com/2015/04/30/skift-survey-younger-millennials-using-uber-type-apps-more-than-older-millennials/
Taken from Google Consumer Surveys
All Uber customers must look at the Uber app, prior to entering the car. Taking advantage of this moment.
We want to leverage this mobile behavior
Example of pre-existing groups: Sapient Interns, High School Basketball Team, Instagram Following
One Competition Example: BRAINSTORM
Clarify copy explanation
FIX COPY
FIX COPY
FIX COPY
FIX COPY
Feels abrupt to go from journey to final slide…
After exploring Cole + Parker’s current user experiences, these are the opportunities for growth
Robust search function
Comprehensive filtering/categorization
Simple checkout experience