TOMS S HOES
I NTRODUCING T OMS Commercial (30sec) Ellen Show (3min) A A
M ISSION S TATEMENT H IGHLIGHTS One for One “With every pair you purchase, TOMS will give a new pair of shoes to a child in need” Creating sustainable business by turning customers into benefactors rather than depending on fundraising support Environmentally friendly designs: made of local and recyclable products
T ARGET M ARKET Young Teens to Early Adults who want to make a statement Youth and Vegan shoes Young People are a huge driving force Help start TOMS movement One Day Without Shoes Campus clubs and internships Over 500,000 friends Facebook and Twitter
C OMPETITORS Sketchers Simple Shoes Sanuk Converse Vans
S TRENGTHS Strong brand image, easily recognizable Great use of social media: Inform customers and fans via facebook, twitter, website blogs and videossocial media Shoes and limited merchandise for men, women, and children Expanding into different styles such as the botas, wedges, and boots Creating a new retail format
W EAKNESSES No TOMS retail stores and limited retail distribution distribution No main stream advertising Criticism that TOMS hurts local business in other countries
O PPORTUNITIES AND T HREATS Opportunities Expansion of brand image and retail outlets New shoe designs and styles TOMS joining up with Nordstrom Threats Imitators looking to compete with TOMS (Sketcher’s BOBS)
T OM ’ S M ARKETING M IX
P RODUCT
P ROMOTION
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P LACE
Y OUR T URN Old Spice (30sec) gUE gUE Product Place Price Promotion
R ESOURCES Toms. (2010). Retrieved from The Point Weekly. (2010). Retrieved from TOMS shoes vs Sketchers BOBS. (2010). Retrieved from Sanuk. (2010). Retrieved from Simple shoes. (2010). Retrieved from The entrepreneurs. (2009, March 23). Retrieved from Toms planbook. (2009, May 11). Retrieved from Plansbook-