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Historical Context
• Ray-Ban sunglasses were first introduced by
Bausch & Lomb in 1937

• In 1999, Bausch & Lomb sold the Ray-Ban brand
to the Italian Luxottica Group for 1.2 billion
dollars

• Originally created for protection purposes for
pilots and were quickly adopted by the U.S. Army

• They now offer a variety of bright colors and
styles reminiscent of all decades

• Aviators and Wayfarers are Ray-Ban’s best
sellers
S.W.O.T analysis
Strengths                               Opportunities
-Long standing and well established     -Raise awareness about the importance of the
brand                                   protective lenses
-High quality and durable               -Chance for brand extension and expansion
-Provide numerous styles and many       -Emphasize Ray-Ban as a brand that values
color options                           individuality and self expression
-Many of the sunglasses are gender      -To create valuable partnerships with other brands
neutral                                 with similar messages and target audiences
-Appeals to many generations            ex: tie up with “Royal Enfield”
-Promise 100% anti reflective lenses    -Campaigns such as Never Hide and Define yourself
which protect eyes against harmful
rays



Weaknesses                              Threats
-Costly product                         -In hard economic times, people buy less designer
-Exclusivity of distribution channels   products
                                        -Consumer brand loyalty to other sunglasses
                                        brands
                                        -Many stores sell cheaper versions of Ray-Ban
                                        inspired sunglasses
                                        -May be seen as a trend that will die out
Target Market
Demogeographic
• Primary target is men and women between the ages of 18 and 34, who have enough
discretionary income to purchase their product
• In terms of ethnicity, their target market encompasses White, African, American and
Asian populations
• Targets people who live in areas that are often exposed to sun and wear sunglasses
often



Psychographic (values, attitudes, lifestyles i.e. VALS)
• Women and men in their target market share common qualities that make them
important prospective buyers
• Often make purchases to reflect their values, attitudes and lifestyles
• Target is comprised of adults who value an active lifestyle and strive for success


Behavioristic
• Target market puts a strong emphasis on individuality and self expression
• Majority of the target market is employed either part or full time but still has time
for leisure whether it is with friends, family or co-workers
CHANGE YOUR VIEW

 THANK YOU…

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Ray ban swot_analysis

  • 1.
  • 2. Historical Context • Ray-Ban sunglasses were first introduced by Bausch & Lomb in 1937 • In 1999, Bausch & Lomb sold the Ray-Ban brand to the Italian Luxottica Group for 1.2 billion dollars • Originally created for protection purposes for pilots and were quickly adopted by the U.S. Army • They now offer a variety of bright colors and styles reminiscent of all decades • Aviators and Wayfarers are Ray-Ban’s best sellers
  • 3. S.W.O.T analysis Strengths Opportunities -Long standing and well established -Raise awareness about the importance of the brand protective lenses -High quality and durable -Chance for brand extension and expansion -Provide numerous styles and many -Emphasize Ray-Ban as a brand that values color options individuality and self expression -Many of the sunglasses are gender -To create valuable partnerships with other brands neutral with similar messages and target audiences -Appeals to many generations ex: tie up with “Royal Enfield” -Promise 100% anti reflective lenses -Campaigns such as Never Hide and Define yourself which protect eyes against harmful rays Weaknesses Threats -Costly product -In hard economic times, people buy less designer -Exclusivity of distribution channels products -Consumer brand loyalty to other sunglasses brands -Many stores sell cheaper versions of Ray-Ban inspired sunglasses -May be seen as a trend that will die out
  • 4. Target Market Demogeographic • Primary target is men and women between the ages of 18 and 34, who have enough discretionary income to purchase their product • In terms of ethnicity, their target market encompasses White, African, American and Asian populations • Targets people who live in areas that are often exposed to sun and wear sunglasses often Psychographic (values, attitudes, lifestyles i.e. VALS) • Women and men in their target market share common qualities that make them important prospective buyers • Often make purchases to reflect their values, attitudes and lifestyles • Target is comprised of adults who value an active lifestyle and strive for success Behavioristic • Target market puts a strong emphasis on individuality and self expression • Majority of the target market is employed either part or full time but still has time for leisure whether it is with friends, family or co-workers
  • 5. CHANGE YOUR VIEW THANK YOU…