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Ralph Lauren
Appealing to the College Market
The RL Company
2011 Revenue          5660.3 Million
Revenue Growth        21.6%
Goals
 Increase Revenue
 Increase Market Share
 Attain more Consumers
The College Market

18 million
• Ages 18 to 24

$200 Million
• Spent on Consumables
Social Media Advertising
 Used by majority of College students
 Facebook and Twitter
 PR
 Blogs
Social Networks
 Get the College Market involved
 Easy to Measure Through Followers
 Use Facebook to create individual groups for College
  Campuses
   Ie: Ralph Lauren at Michigan State University
 Use Twitter to communicate back and forth with
  customers
   They will remember the extra effort
Blogs
 Create a Blog
   Talk about fashion trends
 Provide links to other Blogs
   Encourages them to talk positively about RL
 Use other Blogs to find what others are saying
   Damage control
PR
 Hire students to intern as Campus Reps
   They update the Facebook group and Blog
   They influence peers
 Hold events on campus
   Contests and Giveaways
   Keeps students talking about your brand
Timeline


Feb. 1st         Feb 8th         March 1st

   • Campus         • Group        • First on
     reps             Pages up       campus
     Recruited                       activity
                                     completed
Cost and Profit
Action        Cost/Campus      Campuses   Total/Semester
Campus Rep    $0               50*        $0
Contests      $500             50*        $2,500



Sales         Price per sale   Campuses   Total/Semester
40*           $100*            50*        $200,000*




* Projected

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Ralph lauren

  • 1. Ralph Lauren Appealing to the College Market
  • 2. The RL Company 2011 Revenue 5660.3 Million Revenue Growth 21.6%
  • 3. Goals  Increase Revenue  Increase Market Share  Attain more Consumers
  • 4. The College Market 18 million • Ages 18 to 24 $200 Million • Spent on Consumables
  • 5. Social Media Advertising  Used by majority of College students  Facebook and Twitter  PR  Blogs
  • 6. Social Networks  Get the College Market involved  Easy to Measure Through Followers  Use Facebook to create individual groups for College Campuses  Ie: Ralph Lauren at Michigan State University  Use Twitter to communicate back and forth with customers  They will remember the extra effort
  • 7. Blogs  Create a Blog  Talk about fashion trends  Provide links to other Blogs  Encourages them to talk positively about RL  Use other Blogs to find what others are saying  Damage control
  • 8. PR  Hire students to intern as Campus Reps  They update the Facebook group and Blog  They influence peers  Hold events on campus  Contests and Giveaways  Keeps students talking about your brand
  • 9. Timeline Feb. 1st Feb 8th March 1st • Campus • Group • First on reps Pages up campus Recruited activity completed
  • 10. Cost and Profit Action Cost/Campus Campuses Total/Semester Campus Rep $0 50* $0 Contests $500 50* $2,500 Sales Price per sale Campuses Total/Semester 40* $100* 50* $200,000* * Projected