Preview

Jcpenney Analysis Report

Powerful Essays
Open Document
Open Document
5037 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Jcpenney Analysis Report
Executive Summary
Client: JCPenney Target audience: Females age 25-34 Challenge: Develop a $100 million proposal for a national, fullyintegrated marketing campaign to run February 2012 to February 2013, designed to increase market share among females 25-34 years old.

With this campaign PARA will not only increase shopping frequency and grow share of wallet among current female customers ages 25-34, but will compel women to choose JCPenney for every first impression.
Through PARA’s research, critical analysis and understanding of the company, market, target audience and media, PARA has created a fully-integrated marketing campaign that will guarantee new female JCPenney shoppers age 25-34 as well as re-create loyalty among female shoppers 24-35. PARA exhausted all of the resources available to discover such reasoning’s of why women shop, what they are looking for, who they are, where they are in the market place and social media and what will drive them to JCPenney. The creative attempts were developed from thorough research and understanding of the ever changing, fast-paced, mobile lives of these women and will appeal to the target audience.

Table of Contents
6 The SWOT Analysis 8 The Problem
Strengths, Weaknesses, Opportunities, & Threats of JCPenney

6 Strengths & Weaknesses 7 Opportunities & Threats
The problem PARA will be solving with this Advertising Campaign

9 The Primary Research 10 The Target Market 12 The Strategy

Summary & Graphical depiction of the findings of our primary research

Explanation of who JCPenney’s Target Market really is and some personalities representing that market

The plan that Para has to address JCPenney’s Problem

13 The Store Remodel 14 The Partnership

Depiction of a more fluid and customer friendly store layout and design

The Execution of the research gathered throughout the course of the campaign planning

15 The Creative Elements
15 16 17 18 20 21 22 The Floor Graphic TV Commercial Meet



Bibliography: The sources that were used during secondary research and provided PARA with support for the advertising campaign and creative ideas. "Annual Report." Macy 's, Inc. Web. 13 Sept. 2010. . "The Carry on Spending Habits of Shopaholics." The Yorkshire Post 27 Aug. 2010. ProQuest International Academic Research Library. Web. 14 Sept. 2010. . "Cost of Webisodes." Kiyong 's Blog of Creative Pursuits. 6 Apr. 2009. Web. 2 Nov. 2010. . Crowley, Matthew. "Budget Review." Message to the author. 9 Nov. 2010. E-mail. Cultra, Shane. "The Average Cost." Domain Shane. Web. 1 Nov. 2010. . "Factbook." Www.kohlscorporation.com. Web. 23 Sept. 2010. . "Fee Schedule." United States Patent and Trademark Office. 15 Sept. 2009. Web. 1 Nov. 2010. . "The Find." TheFind - Shopped & Found. Web. 2 Nov. 2010. . Harris, Thomas. "How Banner Ads Work." HowStuffWorks - Learn How Everything Works! Web. 1 Nov. . JCPenney and Major Competitor 's Income Statement. Rep. 2010. Print. "JCPenney Brands." J.C. Penney Company, Inc. - Brands. Web. 14 Sept. 2010. . "JCPenney Company, Inc. - Finacial and Strategic Analysis Review." Business and Company Resource Center. Gale, 2010. Web. 15 Sept. 2010. uspto. +is+th 2010. King, Joseph S. Psychology of the Floor. LevelVision, 2008. PDF. "Man, the Hunter-Buyer." LexisNexis Total Research System. LexisNexis, Oct. 2005. Web. 20 Sept. 2010. lexisnexis.com>. Naylor, Peter. "Budget Review." Message to the author. 3 Nov. 2010. E-mail. "Next Tag." Nextag - Compare Prices Before You Buy. Web. 1 Nov. 2010. . "Number of JCPenney Stores." World | Number Of | How Many. Web. 2 Nov. 2010. . "Plastic Cards." Plastic Business Cards, Plastic Cards, Business Cards, Silkcards, Postcards, Flyers, Letterhead, Envelopes, Stationary, Magnets and More at 4colorprint.com. Web. 9 Nov. 2010. "Urge to Shop is Hormonally Driven." The Weekender Apr. 2009. LexisNexis Total Research System. Web. 14 Sept. 2010. . monitors/ number

You May Also Find These Documents Helpful

  • Good Essays

    Menards

    • 1336 Words
    • 6 Pages

    Menards Inc. customer base is from low, middle and upper income shoppers. Customers shop at Menards because of low prices and excellent advertising schemes. Menards prices give the Company a competitive advantage over Home Depot and Lowes. They have employees in each market to shop at Home Depot and Lowes to make sure Menards is the lowest price in that market. Menards advertising scheme is to keep the song, “You save big money when you shop Menards,” alive in the customers mind. The Company remodeled their stores with lower shelving, added lighting, more displays and expanded the aisles in order to accommodate the women shopper. Then Menards, Inc. upped its advertising costs to gain more female shoppers and boost customer satisfaction. Menards reasoning comes from a customer focus study done by Vertis Communications found that “73 percent of female home improvement advertising insert readers between ages 35-49 read advertising inserts from various stores and then decide where to shop (Increase).”…

    • 1336 Words
    • 6 Pages
    Good Essays
  • Good Essays

    JC Penny case

    • 461 Words
    • 2 Pages

    Kohl’s. Although much of JCP’s new look and pricing has assisted the company in appealing to…

    • 461 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Kohl's Executive Summary

    • 293 Words
    • 2 Pages

    The plan for Kohl’s will aim to increase sales by 15% by creating more diversification in the market. The new market will not only attract middle aged women but also millennials. Next, the…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    According to Department Managers at Sears, Women between the age of 25 to 54 with a low to moderate household income, family, and home are Sears primary target market, followed by baby boomers and homeowners (bargain shoppers). Sears market products as value products i.e. it targets shoppers who are on budget and are still looking to purchase a quality item. “Our product is reliable…

    • 289 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Case Study: Jcpenney

    • 385 Words
    • 2 Pages

    Ron Johnson made some bad decisions that caused him to only last as the CEO of JCPenney for seventeen months (Kinicki & Williams, 2013). His bad decisions consisted of misreading what the shoppers wanted, no testing of ideas prior to execution, distancing himself from the essential consumers, misread the JCPenney brand (Tuttle, 2013).…

    • 385 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Swot Analysis Of Jcpenney

    • 266 Words
    • 2 Pages

    JCPenney was founded 110 years ago by James Cash Penney as one of the nation’s first department stores. Mr. Penney founded the company on the principle of always treating customers the way he wanted to be treated: fair and square.…

    • 266 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Johnson, L. & Learned, A. (2004). Don’t Think Pink: What Really makes Women Buy—and How to Increase Your Share of This Crucial Market. [An electronic book accessible through the World Wide Web—see Steen Library entry for link]…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    References: Belch, George E & Belch, Michael A. (2012). Advertising and Promotion. McGraw-Hill Irwin. 9th Ed.…

    • 476 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Mary Kay Inc.

    • 361 Words
    • 2 Pages

    2. Go to the Web sites of JCPenney, http://www.jcpenney.com, and Target, http://www.target.com. Compare which is more product-focused and which is more brand focused. Which company’s approach do you think will appeal more to the “Holy Grail” target market of 25- to 35-year-old women?…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Jcpenney Company Analysis

    • 1261 Words
    • 6 Pages

    JC Penney is a mid range department store, founded in 1902 by James Cash Penny and William Henry McManus as “the Golden Rule”, becoming JC Penney in 1913. J.C. Penney is the second largest department store retailer (trailing Sears, Roebuck and Co.) and the largest catalog merchant in the United States, with licensing agreements for its products throughout the world. The company’s home base is located in Plano, TX .JC Penney operates 1,067 department stores in 49 the United States and Puerto Rico. J. C. Penney also operates catalog sales merchant offices nationwide in many small markets, comprising a portion of the largest general merchandise catalog business in the United States.…

    • 1261 Words
    • 6 Pages
    Good Essays
  • Good Essays

    James Cash Penney opened a dry-goods store in Kemmerer, WY in 1902, and this was the beginning of what is known as the JC Penney retail chain today. "J.C. Penney is executing a strategic Long Range Plan that consists of four integrated strategies aimed at building a deeper, more enduring relationship with our customers, increasing the engagement and retention of our Associates, and delivering industry leading financial performance to our shareholders”(Edwards, 2013). This is J.C. Penney’s current vision statement as J.C. Penney continues to struggle to get back on track.…

    • 2138 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Ron Johnson Failure

    • 208 Words
    • 1 Page

    Ron Johnson failed during his 17-month stint as CEO at JC Penny. A failure so epic that experts and critics now question whether the 111-year-old retail chain will survive at all. Unlike what many experts are saying, I believe Johnson’s vision would have been successful if he had just avoided five critical but common branding mistakes. Sadly, he made brand culture mistakes he avoided earlier in his career at Apple and Target. Upon leaving Apple to take the helm at JC Penney, Johnson attempted to rebuild the retailer's brand by remaking everything from the pricing to the merchandise to the overall store layout and design. Johnson’s vision featured trendier brands and a more intimate boutique-like shopping experience to replace their standard…

    • 208 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    This paper is a breif synopsis of how Sears can better market to capture the teen audience. With Forever 21, Gap, Aeropostale, etc. stores being the most popular stores among this age group, The researchers gives a brief marketing strategy to increase the teen market by engaging with what they are engaged.…

    • 1651 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    * Hits the target market of valuable 18-34 year old females in all clusters (Fashionista, Planners and Shoppers, and Situationalists).…

    • 1105 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Sales Tactics At T

    • 675 Words
    • 2 Pages

    T.J. Maxx is an off-price retailer that specializes in offering brand name and designer fashions at prices that are normally 20%-60% off the department store price. As defined by their document “Background Information” on their website, off-price retailing is, “brand-name merchandise at great values, opportunistic buying, substantially lower prices than department and specialty store regular prices, rapidly changing assortments, aggressive inventory management, and low cost structure”. T.J. Maxx offers many different types of merchandise in its stores, such as men’s, women’s, and children’s apparel, beauty products, accessories, shoes, and home goods. Each T.J. Maxx has deliveries made with new merchandise several times a week, and new products are added to the floor almost daily. Since new merchandise comes in so frequently and the same things are rarely re-stocked twice, T.J. Maxx prides itself on giving its customers the “treasure hunt” shopping experience. There are currently over 1,000 stores in 49 states and Puerto Rico, and the chain continues to expand. (How We Do It).…

    • 675 Words
    • 2 Pages
    Satisfactory Essays

Related Topics