Gordmans
INDUSTRY:
Clothing Retail
PROJECT:
Increase Effectiveness of Media Mix
Objective
Gordmans department stores faced difficulties from tough economic times and competitive pressure. KSM’s goal was to maximize the client’s budget without sacrificing plan integrity.
Challenges
Client’s preferred form of promotion (FSI) was increasingly ineffective due to:
- Print readership declines
- Human resources
- Expensive printing requirements
Strategic Approach
Due to the challenges posed by traditional print FSI, KSM advocated a major change to the media mix: stretch the budget without sacrificing effectiveness by reallocating FSI funds to broadcast channels and secure more on-air weeks, facilitating longer message continuity.
KSM’s suite of research tools was also used to identify additional margin optimizing initiatives.
Campaign Results
After initial tests proved successful, Gordmans’ approved additional reallocation of FSI funds to broadcast for other key retail periods.
- FSI expenditures were reduced by more than 75 percent
- Final fiscal year numbers saw same-store sales up 8.7 percent
Director of Marketing and Creative
Kelly Scott Madison