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Fixing Marketing Mistakes Of The Past Essay

Lululemon The author of this report is to offer a brief report on the company that has come to be known as Lululemon Athletica. The company has had to endure a number of public relations and product issues in recent years. Indeed, nearly a fifth of their product volume had to be recalled due to overly sheer pants and this problem was compounded when women were degraded by being asked to bend over and otherwise prove that the pants were overly sheer. Not long after that, the CEO at the center of this defect demonstration flap bowed out and there were also a number of lawsuits field as a result of the whole kerfuffle. This report will cover the marketing goals and strategies and there will also be a recommendation made about all of the above. While Lululemon has made some major miscues in recent years, they can certainly recover from their misdeeds and missteps.

Analysis

The marketing goals and objectives for Lululemon are fairly clear. They market and sell a rather niche form of yoga gear. Indeed, yoga is about form, fitness and function (Lululemon, 2015). For yoga pants to do their job, they have to be stretchable and functional. However, Lululemon also focuses on making them stylish, attractive and figure-flattering (Dulaney, 2014). Their competition would range from the cheaper yoga pants found at stores like Wal-Mart and Target to the other niche and more fashion-conscious competitors that exist in the market...

A major competitive advantage that Lululemon enjoys is that their styles are very distinctive this thus allows to gain a reputation much like Coach and Dooney & Burke due in the handbag and accessory markets. However, Lululemon has achieved what they have with rather sparse spending as compared to what other yoga gear retailers might engage in (Helliker, 2014).
When it comes to the marketing research that exists out there, it is clear that Lululemon is perhaps not spending as much as they should be. Indeed, the sheerness of some of their pants and other quality issues have been plaguing the company for some time now (King & Kapner, 2013; Mattiloi & Jones, 2013). Given that, a fresh and refined approach is absolutely vital (Soni, 2014). They seem to be heading in the right direction given recent news posts that have come out regarding the yoga products for men (Rupp, 2015). Further, the departure of "foot-in-his-mouth" Chip Davis was certainly helpful to the firm (Ng, 2013). When it comes to measures of marketing efficacy and quality, Lululemon needs to get on the right track both in terms of the quality/sheerness problems and the rather obtuse reactions that were rendered in light of the prior problems.

When looking at what should be done instead, the proverbial baby does not need to be thrown out with the bathwater. Indeed, it is not in dispute that Lululemon is attracting a lot of buyers but…

Sources used in this document:
References

Dulaney, C. (2014). Lululemon Offers a Flashier Look. Retrieved from:

http://www.wsj.com/articles/lululemonoffersaflashierlook1417999282" target="_blank" REL="NOFOLLOW" style="text-decoration: underline !important;">http://www.wsj.com/articles/lululemonoffersaflashierlook1417999282

Helliker, K. (2010). Lululemon Grows Fast on a Slim Budget. Retrieved from:

http://www.wsj.com/articles/SB10001424052748703960004575481890366935552" target="_blank" REL="NOFOLLOW" style="text-decoration: underline !important;">http://www.wsj.com/articles/SB10001424052748703960004575481890366935552
King, C., Kapner, S. (2013). Lululemon Founder Puts Quality Issues on Customers. Retrieved from: http://blogs.wsj.com/canadarealtime/2013/11/07/lululemon-founder-puts-quality-issues-on-customers
http://info.lululemon.com/about/history" target="_blank" REL="NOFOLLOW" style="text-decoration: underline !important;">http://info.lululemon.com/about/history lululemon athletica: who is lululemon athletica. (2015). Retrieved from:
http://info.lululemon.com/about/
Retrieved from: http://www.wsj.com/articles/
http://www.wsj.com/articles/SB10001424127887324634304578537712064607592
Retrieved from: http://www.bloomberg.com/news/articles/2015-03-26/lululemon-redefines-the-abcs-with-anatomy-friendly-pants-for-men
http://marketrealist.com/2014/12/new-product-approach-vital-lululemon/
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