Tag Archives: product life cycle

Shapewear for Men!

Underwear for both males and females has a long and varied history through thousands of years. And while the style of the garments vary, and the materials are much softer and smoother, the shapewear of today owes much to the underwear of the past.

But what is shapewear? Briefly (no pun intended), shapewear is tight-fitting underwear that controls and shapes a figure. This is a significant industry segment that is estimated by Allied Market Research to reach nearly $7 billion by 2030.

The latest trend in the industry today? Well, the hottest trend in the shapewear industry are garments designed specifically for men. Just as for women, the men’s shapewear is all intended to help men look their best under clothes.

Men’s garments include t-shirts, briefs, vests, and tops made from stretchy and form-fitting synthetic blends that help flatten mid-section love handles and firm the glutes. Some men balk at calling it ‘shapewear ‘though – that sounds too much like women’s lingerie. So, ‘compression wear’ is more commonly used for men’s undergarments. Compression wear for athletics is still very closely related to shapewear though, as compression wear is meant to optimize athletic performance and help with recovery (as well as help us look good).

And of course we can blame the pandemic for the rise (another not-intended pun) in shapewear demand as we emerge from small circles and into gyms and fitness centers again.

What’s your favorite look?

Group Activities and Discussion Questions:

  1. Discuss the stages in the product life cycle. What are the marketing objectives in each stage?
  2. Where is shapewear on the PLC? Where is men’s shapewear?
  3. Show websites for men’s shapewear:
  4. Spanx: https://spanx.com/collections/mens
  5. Core Wear: https://getcorewear.com/
  6. HisRoom: https://www.hisroom.com/
  7. Students may also look for additional manufacturers. What are the main marketing messages?
  8. Divide students into teams. Have each team draw a PLC and plot various clothing and accessories on the chart.
  9. What does it take to reposition a product on the PLC?

Source: Waters, J. (Nov 9 2021), Yes, Men Do Wear Spanx. Here’s Why, Wall Street Journal.

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Nike: “Play New” and “Toughest Athletes”

Most of the time marketers target a specific group of consumers for their products and services. Marketers can target a consumer group using a number of factors including geography, demographics, lifestyle, attitudes, and behaviors. The key is to understand the consumer group for which the products are intended. The products have to show value and benefits; the company’s advertising has to show that the company understands the needs and desires of the consumer group.

Athletics is a very large consumer group. It can have professionals, amateurs, youth, mature, various sports, and more. Nike recently launched a new campaign to appeal to people who want to try new sports but fail at them, encouraging new athletes to not give up after a few fails. For this market, there are many existing products to sell, but the mindset is different. The “Play New” campaign showcases elite athletes and professionals trying a new sport that they don’t excel at – and shows them failing at it! The campaign will be paired with a full-body Snapchat augmented reality lens customized for yoga, dancing, surfing, and boxing. All are encouraging consumers to attempt something new and uncomfortable initially.

In addition to “Play New,” Nike also launched a new campaign (along with full athletic wear apparel) geared to pregnant women and new moms. New moms are of course cast as the “Toughest Athletes” and the commercial shows international moms-to-be and moms who are flexing their athletic and maternal abilities. Additionally, the campaign will contain four guided, motherhood workouts that will be part of the Nike Run Club app.

Nike seems to identify new markets and approaches at a high rate. What other approaches could it take?

Group Activities and Discussion Questions:

  1. Poll students: What are the target markets for Nike? (Did anyone mention pregnant women and new moms?)
  2. Show the Nike video for pregnant women: https://youtu.be/_-5MGkUwe6w
  3. Show the website for Nike Maternity wear: https://www.nike.com/maternity
  4. Video for “Play new” campaign: https://youtu.be/BUvEEVq4woU
  5. Why these two target markets?
  6. What else can Nike do to encourage buying from these consumers?
  7. What other new target markets could Nike sell to?

Source: Ad Week; other news sources

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New Products for Snacks and More

It seems as if there is a proliferation of new food products hitting the market this spring. In just one week recently we found a number of new food products from Pillsbury, Kind, and Target. What’s going on? Are consumers hungrier than usual, or are they just hungry for change?

Well, it’s a little of both. Yes, consumers are hungry, but we are now at the one-year point in the Covid-19 pandemic and consumers have also made changes to their eating, cooking, and shopping habits. We eat out less and snack more.

In Target’s case, it is launching a new grocery brand named “Favorite Day” with more than 700 snacks and treats that are focused on consumers who want to indulge. The new line includes cookies, trail mix, ice cream, snacks, beverage mixers, frozen desserts, and more. Target’s research indicates that customers want to treat themselves as they juggle hectic schedules and stress. (The new Favorite Day private-label store brand replaces Archer Farms and Simply Balanced which generated more than $2 billion in sales last year.)

Pillsbury is launching its first-ever ready-to-eat cookies, after years of successfully selling frozen cookie dough. Why the switch to pre-made? Pillsbury’s research shows that consumers are tired of constantly cooking and cleaning and are looking for convenience and shortcuts in the kitchen. Pre-pandemic, the pre-made cookie category was only a single-digit growth market. But now the category has grown in sales by roughly 12% in the past year.

In Kind’s situation, the company has a new frozen smoothie bowl for breakfasts. Smoothie bowels have spiked in popularity, including new kitchen appliances focused on smoothies. And, when a year ago consumers might have eaten a breakfast at a restaurant, there has been a sharp decline in eating breakfast out and instead consumers have turned to granola, cereal, eggs, bagels, fruit, and pancakes. According to research company IRI, frozen breakfast foods increased by 7% last year to $3.7 billion.

Try them out. Will they make it into your regular shopping rotation?

Group Activities and Discussion Questions:

  1. This is a great example of introducing new products.
  2. Show Target’s new products: https://www.target.com/b/favorite-day/-/N-q643lewlzpu?lnk=snav_rd_favorite_day
  3. Show Pillsbury’s new cookies: https://www.pillsbury.com/products/already-baked-snacks/soft-baked-cookies/soft-baked-butterscotch-chocolate-chip-cookies
  4. View Kind snacks: https://www.kindsnacks.com/
  5. Discuss the steps of the product innovation process.
  6. Discuss the importance of environmental scanning. What are some of the factors that have led these companies to introduce new products?
  7. Finally, use these examples to discuss the various stages of the product life cycle. What are the marketing objectives in each stage?

Source: AdWeek; CNN News; Minneapolis Star Tribune; other news sources.

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