The retail and trend industries have undergone vital transformation in recent times, pushed by altering client preferences and the rise of ecommerce. Even trade leaders like Abercrombie & Fitch have confronted formidable challenges. In response, the model launched into a journey to reintroduce itself.
On the most recent episode of The Velocity of Tradition podcast, Suzy founder and CEO Matt Britton sat down with Megan Brophy, vp of promoting for Abercrombie & Fitch and Hollister, who shares unique insights on rejuvenating an iconic model like Abercrombie, traces the evolution of Hollister, and delves into the pivotal function that advocacy performs in not solely boosting income however cultivating devoted model lovers.
Dive into the exceptional technique of Abercrombie & Fitch’s model revival by exploring the important thing takeaways from this episode under.
Highlights:
- 03:49 – 05:27 – From Company to In-Home: Brophy’s expertise within the company world supplied a priceless basis for her profession. It supplied a fast and various studying expertise by working with quite a few purchasers throughout numerous industries. This expertise not solely honed her advertising expertise but additionally taught her how one can perceive completely different buyer demographics and collaborate with various groups. Megan believes that the company world serves as a wonderful coaching floor for aspiring entrepreneurs, offering the talents and adaptableness wanted to excel at in-house roles sooner or later.
- 06:26 – 09:38 – Reinventing Abercrombie: Although Abercrombie & Fitch grew to become a preferred model within the ’90s and ’00s, it boasts a wealthy, 130-year historical past initially rooted within the concept of escapism. Regardless of attaining iconic standing, the model confronted challenges within the 2010s. Nevertheless, a pivotal shift got here with Fran Horowitz’s appointment to CEO in 2017. Each side of the model, from product design to digital procuring, skilled a revival. Brophy joined the Abercrombie workforce in 2019, coinciding with the rollout of the corporate’s new model advertising technique. As a substitute of loudly broadcasting its reinvention, Abercrombie let its customers lead the narrative, permitting the model to organically rebuild its fame and relevance within the trendy market.Â
- 09:38 – 11:25 – How one can Revive an Iconic Model: Efficiently relaunching an iconic model like Abercrombie requires deep humility and lively listening. The corporate is dedicated to understanding its target market, notably these between the ages of 25 and 29. Abercrombie faucets into huge sources, together with TikTok and different social media platforms, to remain attuned to ever-evolving developments. Each alternative is made with its goal demographic on the forefront. In essence, Abercrombie’s relaunch technique revolves round a steady cycle of listening, studying and adapting to the evolving wants of its viewers.
- 12:55 – 14:55 – Adapting to Change: Trend is just not what it was. On the onset of the pandemic, there was a rise in demand for snug clothes, prompting Abercrombie to swiftly pivot its merchandise and messaging to cater to the stay-at-home way of life. But, as circumstances improved, folks started in search of out of doors experiences, and the corporate tailored as soon as extra to replicate this renewed enthusiasm. With the return to common routines, Abercrombie’s merchandise and communication methods proceed to align with ongoing client developments.
- 14:55 – 17:23 – Abercrombie’s Technique within the New Influencer Period: Brophy locations a excessive precedence on Abercrombie’s model communication technique, which depends closely on the model advocacy workforce to leverage social platforms to interact with rising voices. The influencer panorama is now not restricted to a choose few. These days, anybody can turn out to be an influencer—and reshape a model’s picture within the course of. For Abercrombie, model advocacy has advanced into a considerable income supply, showcasing its multifaceted potential that extends effectively past conventional advertising avenues.