Thinking Outside of the Little Blue Box - Cimpress
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Tiffany & Co. #Redefine Integrated Marketing Communications Report for: Paul Gillespie Elizabeth Keary Julia Marchionda Natalie Rendall-Gonsalves Madison MacDonald Lina Darmohray
Table of Contents Brand Review 1 Background Overview & the Specific Challenge 2 Target Market Overview 3-4 Competitive Landscape 5-6 IMC Objectives 7 Creative Strategy & Tactic Recommendations 7 The #Redefine Experience 8 Media Recommendations 9 Campaign Flowchart 10 Budget 11 12-14 Graphic Treatment 15 Conclusion 16-17 Appendices 18-21 References
Brand Review Since 1837, Tiffany & Co. has been one of the finest American jewellers. Their iconic pieces and lasting style have solidified their place in consumers’ minds as an iconic luxury product. Several things come to mind when one utters the name Tiffany’s. There’s Audrey Hepburn wistfully peering into the windows of the flagship Tiffany & Co. store whilst the rest of New York begins to awaken. There’s Marilyn Monroe cheekily belting out “Tiffany” as she dances around a host of lovelorn suitors. Tiffany’s pieces are yet more iconic than the stars who wear them. The Tiffany’s diamond setting is the standard of quality and design for all engagement rings since 1886. The “Return to Tiffany’s” design has been coveted by young women for the past several decades. In 1926, Tiffany’s standard for platinum quality became the industry standard adopted by the United States. Tiffany & Co. embodies clean, elegant, and iconic design. In addition to its iconic design, Tiffany is strongly associated with the act of gifting. People go to Tiffany’s for a truly special and meaningful gift for a variety of occasions, such as Christmas, Valentine’s Day, Mother’s Day, birthdays, graduations, and engagements. People venture into a Tiffany store if they’re on a supremely generous mission: to treat a loved one to a little piece of luxury. Tiffany & Co. remains one of the top luxury jewelry brands in Canada due to its timeless style and aspirational image. Jewelry always signifies status, but few jewellers speak as loudly with their pieces as Tiffany. A person can recognize a Tiffany ring, bracelet, or necklace immediately. Tiffany holds one of the largest market shares in the Canadian market. It is recognized by consumers for its clean design, classic image, and is positioned as an aspirational jewelry brand. 1
Background, Overview & the Specific Challenge Over the past two years, Tiffany & Co. has seen This is the primary objective of the #Redefine declining sales, and has been lacking direction campaign. The secondary and tertiary objectives without the leadership of a permanent CEO. that will be achieved through this campaign, as well The cause of these issues is the stagnation of the as through the success of the first objective, are to Tiffany brand. It is simply not as top of mind as increase top-of-mind awareness and refresh the brand. other brands at the moment. It is still a strong brand and this is by no means the end of Tiffany & During Superbowl LI, Tiffany aired an advertisement Co., but the market is in a particular state of flux featuring Lady Gaga as a spokesperson for the brand currently, where jewelry is being segmented into and their Hardwear collection. This campaign was very distinct categories. There are the established, meant to re-establish Tiffany as an iconically New major jewellers that Tiffany would be a part of, York brand, and create a more edgy and hip image. but there are also the more affordable jewelry However, this advertisement was met with lukewarm retailers such as Pandora, Links of London, reviews, despite the explosive halftime performance and Swarowski. This latter category is growing by Lady Gaga. This campaign was going in the right significantly and is highly appealing to the more direction, but did not hit the mark in terms of making price-sensitive middle class, as well as the cash- Tiffany into an edgy brand. This is because Tiffany poor age group of people ages 18-29. is not edgy, it is classic and timeless. Our objective instead is to remind people of how classic and timeless Tiffany currently sits at second place in the the Tiffany brand is, while also making it appear Canadian luxury jewelry market, with Swarovski more fresh and youthful. This would be in better coming in first. Our challenge with this campaign keeping with Tiffany’s brand identity. is to steal enough brand share from Swarovski to make Tiffany the number one luxury jewelry retailer in Canada. 2
Target Market The Canadian luxury jewelry industry was worth approximately $2.1 billion dollars in 2016 (Passport, 2017). The market is expected to grow to approximately $2.5 billion by 2021, showing an overall percentage increase of 19% over the next 5 years (Passport, 2017). The market is therefore growing, making lots of space for those in the industry who are willing to fight for a piece of the market. Competition is high, with brands ranging in variances amongst quality, price, materials, design, etc. This means that consumers have a lot of choice when it comes to buying jewelry, as pieces of jewelry can be found at many different price points, by many different brands. Tiffany is a brand of luxury, one that has represented quality and been a leader in fine jewelry for over a hundred years. Tiffany therefore has segmented the market, focusing more so on consumers who either can afford, or aspire to be able to afford their luxury pieces. More specifically, Tiffany’s target market is divided into two main segments: gift givers, and affluent buyers (Bell, 2016). Gift givers are those who want to surprise someone special with a gift, and have the money and disposable income to be able to do so. Affluent buyers, on the other hand, are those of a higher income who want to treat themselves. For Tiffany & Co., these segments are then narrowed down even further through demographics, and psychographics. Based on purchasing power, baby boomers and generation X are the major target market that Tiffany is currently selling to (Bell). Of this group, women of an upper middle to upper class socioeconomic position are Tiffany’s target buyers (Bell). These women are followers of fashion, adhere to aspirational brands, and live in metropolitan or surrounding areas (Bell). Purchasing from Tiffany’s is an experience and a lifestyle choice on top of the material product they receive, and the products a consumer purchases are ones that they might otherwise expect as a gift (Bell). Tiffany’s second target market is comprised of spouses, partners, friends and family (Bell). This means that given the demographics and segments of consumers that Tiffany has been targeting, millennials have been in a sense, neglected. 3
With the mix of competition and a changing consumer market, Tiffany’s past focus on older generations has resulted in the lack of attention paid towards younger generations, and more specifically, millennials. Tiffany, in the eyes of some consumers, has grown to become a little tired. With competition from Blue Nile, Birks, LVMH, Pandora, Swarovski, and Links of London, Tiffany, although still an iconic brand, has lost its top spot in market share within Canada to Swarovski. Tiffany therefore needs to reevaluate its target market and marketing strategies in order to grow with the changing times, a crucial aspect of this being social media (Bell). Targeting millennials would revitalize the brand, and keep it as a top of mind awareness brand for upcoming generations, as it has been throughout history with previous generations. In order to appeal to a wider demographic and grab the attention of millennials, we have decided that it would be best to set the target market age range from 20-50, focusing our campaigns towards the younger audience aged 20-35. There are 7,516,400 (Stats Can) Canadians between the ages of 20- 35, accounting for 20.7% (Stats Can) of the total Canadian population. Since the primary jewelry user are females, we want to focus our target towards them no matter if they are buying the product or having someone gift it to them. Those that will buy Tiffany jewelry will usually have a higher disposable income as well as come from upper- middle class to high income households. Although most millennials don’t have a high income themselves, they might come from upper- middle class families or have significant others buy them Tiffany jewelry as gifts. A lot of Tiffany’s psychographics are also focused on targeting aspirational buyers, therefore the shift to begin targeting millennials could be seen as an extension of their current target. Tiffany will remain to be an aspirational brand, but through focusing on social media, and IMC initiatives, the brand will gain more top of mind awareness, and ultimately be the largest player in the Canadian jewelry market. 4
The top five luxury jewlery brands in the mix make up about 15% of the overall market share. Tiffany’s goal is to be the number one retailer in Canada 7.2% Swarovski was founded in 1895 by Daniel Swarovski and beat out Swarovski. In order to do (History, 2017). The brand specialises in designing this Tiffany must take shares from the and manufacturing crystals, genuine gemstones and top four brands in the mix. It would created stones and finished products such as jewelry and accessories, beauty products, and lighting. also be beneficial to look at the top Currently it is a successful jewelry and accessory brands that make up part of the rest company with multiples stores worldwide (Swarovski of the 85% and take shares from them Group). Swarovski is Tiffany’s largest competitor, it currently holds the highest number of brand (Appendix 1). According to passport, shares, with 7.2% followed by Tiffany & co. with 4.2%. other brands in the 85% include: Kate (Euromonitor, 2017). Spade, Bvlgari, and Michael Kors (in that order after our top 5) (Passport 1.9% Van Cleef & Arpels was founded in 1906 by Paris, 2017). France by Alfred Van Cleef and Salomon Arpels (Van Cleef & Arpels, About Us). They sell a variety of jewelry pieces with most of them inspired by nature Blue Nile was founded in 1999 and is an online and flowers. Currently Van Cleef & Arpels holds retailer of diamonds and luxury jewelry. The 1.9% of the brand share is the luxury jewelry market, company was developed on the idea that it should putting it right behind Tiffany’s (Euromonitor, not be hard to choose the perfect engagement ring. 2017). Now Blue Nile specializes in custom designed engagement rings and other diamond jewelry, 1.1% allowing the consumer to choose exactly what they want (Blue Nile, About Us). Cartier was created in 1847 in France by Louis- François Cartier (Cartier, about Us). Recently Cartier has become especially popular for its Cartier Love bracelets and continues to grow in popularity Pandora was first created as a jewelry store by especially amongst social media influencers and Danish goldsmith Per Enevoldsen and his wife millennials. As of 2015, Cartier holds 1.1% of Winnie (The Pandora Story, 2016). In 1989 they the brand share in the luxury jewelry market decided to start manufacturing their own jewelry (Euromonitor, 2017). in Thailand. Currently Pandora is largely known for its unique and customizable charm bracelets and is sold in more than 70 countries worldwide (The Pandora Story, 2016). 1.1% Ralph Lauren was founded in 1967 and is one of the world’s foremost retailer of apparel, home goods, accessories, and fragrances (Ralph Lauren, About Us). They are notable for their Polo Ralph Lauren Links of London was founded in 1990. It is line as well as being the parent company for Club currently an iconic jewelry brand that focuses on Monaco. Ralph Lauren holds a 1.1% market share capturing the heart and spirit of London (Links in the jewelry category (Euromonitor, 2017). of London, About Us). 6
IMC Objectives MAKE TIFFANY & CO THE #1 RETAILER OF LUXURY JEWELRY IN CANADA • We plan to achieve this by taking a minimum of 3.1% market share away from Swarovski to overtake them in the #1 position INCREASE TOP-OF-MIND AWARENESS • Ensure Tiffany is always in the mind of the consumer when in the market to purchase jewelry BRING THE BRAND INTO 2017 • Achieve this by incorporating more technology (XP execution) and pushing online ordering/ customization • Consumer involvement on social media platforms Creative Strategy & Tactic Reccomendations Our Big Idea: #Redefine: Making Tiffany #1 in Canada The #Redefine campaign is based on the idea that people, like the Tiffany brand, are in a state of constant evolution. The products are designed to last a lifetime, but the brand, the style, the feel, the people--those are always changing, growing, and evolving. The purpose of this campaign is to show that any person, any piece of jewelry can be redefined. People are not one-note, and neither is Tiffany. Like a diamond, Tiffa- ny customers are multi-faceted. In executing the #Redefine campaign, our goal is to remedy the stagnation that has Tiffany placed in the number two spot in Canada for luxury jewelry, rather than number one. #Redefine is meant to connect with customers in such a way that they can see themselves reflected in their jewelry. Tiffany will be the vehicle through which customers redefine themselves, their relationships, and their expressions of love. The integrated marketing communications plan for the #Redefine campaign is expansive. This campaign will incorporate digital advertising, social media engagement, print advertisements, a special promotion, and a major experiential marketing event. 1. Video, YouTube Video stories with storytelling slant, showcasing various Tiffany love stories, stories an d Television about what specific piece of jewelry means to a person 2. Print (magazine) Print advertisement will be featured in Elle Canada, Flair, and Fashion, all Canadian magazines with the bulk of the readership in our target age bracket. Image design will feature various couples and individuals with the tagline “#Redefine_________” wherein the blank is filled in with an idea like love, yourself, style, etc. 3. Social Media This will deal with social media user engagement. Followers of the Tiffany social (Instagram, media pages are invited to share their own story with a picture of them wearing Snapchat, Twitter, their Tiffany jewelry with the hashtag Redefine. Facebook, etc.) 4. Experiential This will be our major event for the campaign. The event, The Tiffany Diamond Dome, is scheduled for early September in order to coincide with the Toronto International Film Festival (TIFF). This event is an interactive, exclusive, and immersive experience in order to bring Tiffany into the 21st centruy. 5. Out of Home We will place TTC ads in subway cars and stations in the months preceeding Christmas to round off the yeaof the #Redfine campaign. 7
Tiffany Diamond Dome The #Redefine Experience Inspired by D-grade colourless diamonds, the Tiffany #Redefine Experience is an exclusive, luxurious experience. This event will take place under a geodesic dome, erected at Yonge and Dundas Square that will take guests on an immersive journey through Tiffany & Co. By day, the dome will glitter in the sunlight like a flawless, D-colour, brilliant diamond. By night, we have the ability to create video that will be projected onto the outside of dome. We envision footage being shown from our online video series, and turning the dome itself into a diamond at nighttime (utilizing light to mimic the way it refracts through a diamond) to create a sight to be seen all the way from the top of the CN Tower. Inside, there will be a number of experiential elements to the dome such as: 3D printing of pre-designed Tiffany jewelry prototypes to take home, an analog Instagram light table, and a digital graffiti wall encouraging guests to illustrate what they will #Redefine. Because of the unique elements we intend to offer, this event is going to be by invite-only. We will reach out to a number of prominent people in the Toronto fashion community, key people from Tiffany Canada, magazine writers and editors, and Toronto socialites to name a few. To elevate this event, we will seek out an official champagne sponsor, likely with Moët or Veuve Clicquot, and create a custom finger-food menu with chef Susur Lee. The #Redefine Experience will run in early-mid September, parallel to the Toronto International Film Festival. We are choosing this time period in order to capitalize on the additional traffic brought in by the festival, but also because of the availability to invite celebrities that will likely be in town. By offering these immersive activities with our #Redefine Experience, we will be able to create a stronger bond with our target and encourage them to #Redefine their relationship with the brand. 8
Media Television advertisements will be rolled out during the same times as the blue box promotion, in May and November, as well as the month of January. Recommendations These months will help to ramp up brand awareness and desire before wedding season, Christmas, and Valentine’s Day, which are undeniably the The #Redefine campaign will be a year-long most critical buying periods for Tiffany. These campaign in order to capture all the key jewelry advertisements will take the form of video stories occasions: Christmas, Valentine’s Day, wedding depicting how Tiffany can be used to redefine season, graduations, Mother’s Day, etc. Jewelry some aspect of the subject’s life, whether it be a purchasing is not a particularly season-specific relationship, a self-perception, etc. It is one of event; there are occasions in which people buy the core depictions of the #Redefine campaign. In jewelry throughout the year, so it would be more addition, these ads will be promoted on YouTube on effective to extend the scope of the campaign to a the Tiffany channel throughout the year to maintain full year rather than six months so as not to neglect the presence in that space. any other jewelry-related occasions. Each of the integrated marketing communications executions are As we are focused on the Canadian market, our strategically scheduled to achieve specific objectives, print advertising will be placed in Elle Canada, as outlined below. These in turn are meant to forward Flair, and Fashion magazines. These bi-monthly the overall objectives of overtaking Swarovski as the advertisements will serve to complement the video number one luxury retailer in Canada through sales, and social advertisements, while also directing and increasing top of mind awareness. consumers to the website and social media pages and encouraging engagement. The rationale behind For Tiffany’s main social media channels, Facebook these monthly print advertisements is that these and Instagram, will open the year by introducing the magazines are read primarily by our target market #Redefine campaign. There will be regular postings and continues to advance our overall objective of encouraging user generated content, engagement, increasing top of mind awareness. and sharing. The objective for this portion is to start encouraging brand awareness, which is in keeping We also plan to place advertisements on the subway in line with our overall goal to increase top-of-mind in November, again to really drive Christmas and awareness. early Valentine’s Day sales. Station advertisements will be strategically located at Union, Bay, and Our promotional offering to have a complimentary Yorkdale stations in order to place the Tiffany brand monogram sleeve on the iconic Tiffany blue box in consumers’ minds just as they reach areas with is scheduled to be valid on online orders only, and Tiffany locations. only during the months of May and November. This promotion serves several purposes. Firstly, it will The major experiential execution of this campaign drive Tiffany’s lagging online sales, and secondly is the Tiffany Diamond Dome event, to take place in will encourage sales during two of Tiffany’s busiest early September. The timing was chosen to coincide seasons: the month leading up to wedding season and with the Toronto International Film Festival. The the month before Christmas. Finally, this promotion aim is to have as many celebrities as possible, and will also dramatically increase online engagement. because this event is exclusive and invite-only, The iconic blue box is already a perfect picture to timing it around TIFF will increase the likelihood Tiffany customers, but a blue box with the customer’s of attendance. More extensive details regarding name on it is truly Instagram-worthy, and a keepsake the Tiffany Diamond Dome event are explained in in itself. This goes back to our campaign objective of a previous section. Additionally, the event will be overtaking Swarovski as the the number one luxury enhanced by using a Snapchat geotag to encourage jewelry retailer in Canada. online engagement and social media awareness. 9
Campaign Flowchart 10
Budget MEDIA FUNDS ALLOCATED Television $1,500,000 Print $60,000 TTC Super Interior $4000 Instagram $10,000 Snapchat (geotag for #Redefine Experience) $1500 Faceboook $10,000 Redefine Experience $1,500,000 Personalized Box Promo $100,000 YouTube Content $250,000 TOTAL: $3,435,500 The largest piece of our budget will go towards We plan to run these spots in May, November, and executing our #Redefine Experience event. In January: the months before peak wedding season, order to bring in the dome, the interactive elements, Christmas, and Valentine’s Day respectively. The food, drink, and other necessities, we estimate this rest of the funds will be assigned to print ads in event will require approximately $1.5 million. We magazines like Flare, Elle Canada, and Fashion, understand that this is quite a sizeable piece of the where they will run every other month in a puls- budget, however this event will serve as Tiffany’s ing pattern to give the illusion that Tiffany has a coming out party to the 21st century. Additionally, constant presence. We have budgeted $10,000 to the other media executions we are recommending the production of content for both Facebook and are not nearly as costly, leaving us with a healthy Instagram, with $250,000 reserved for the creation portion of the budget leftover to allocate for other of content for our YouTube channel. To help drive methods. To encourage interaction on Snapchat, online sales, we plan to run a personalized box pro- we will establish 2 geotags for the #Redefine motion, to be offered with an online purchase in the Experience: one in the Yonge-Dundas area where months leading to Christmas, Valentine’s Day, and the event will be held, and another in the area of Mother’s Day. For this, we have budgeted $100,000 the Bloor St store (Appendix 2). These will be as we intend to utilize box sleeves allowing for cus- designed in a way that will encourage sharing, but tomization, but also not tampering with the clas- also help to drive traffic between the two locations. sic Tiffany box for those customers who would like Based on Snapchat’s estimates and the current the best of both. With the funds leftover, we have exchange rate from USD to CAD, the cost to offer some room should we need to inject more cash into these tags will be about $1500 for the day of the certain executions like the #Redefine Experience, event. In September, to coincide with TIFF and our to create a permanent Snapchat filter at the Bloor #Redefine Experience, we plan to execute a subway St W store, or extending/permanently offering the super-interior takeover on the Yonge-University customized box sleeve. line; we estimate this will cost $4000. An equal amount of funds to the #Redefine Experience will be allocated to television spots. 11
Graphic Treatment These are some examples of possible ads to run in the subway, as well as an example of what they would look like in a subway car. 12
Snapchat contact and geofilter. Print ad examples 13
Social media post examples 14
Conclusion The #Redefine campaign is extremely expansive and will be applied to a few different IMC initiatives, all strategically planned to air/run To conclude, our plan starts with expanding the during certain months of the year. Because gift- age group of Tiffany’s target market from ages 35- buyers are such a large part of Tiffany’s target 50, to ages 20-50. This will allow us to continue to segment, optimizing our initiatives will be achieved target Tiffany’s current customers, while growing through perfectly timing the release of each and Tiffany’s market to acquire a larger consumer base. every one. These initiatives include print, social The objectives of this are to one, take more market media, experiential, and other special promotions. share from other brands in order to take Swarovski’s Our major experiential event, also planned to number one place in Canada. The second objective take place in September in order to coincide with is to revitalize Tiffany as a brand, in order to bring the Toronto International Film Festival, will back it’s top of mind awareness. serve to re-introduce Tiffany in 2017. This event will be huge in reinstilling the luxury, and class A strategy in achieving this objective circles back to of Tiffany as a brand. The media and attention the widening of Tiffany’s target market. Our IMC received through this event will be one more way to initiatives will be focused towards the younger end redefine the brand, while being sure to stay true to of our target market, 20-35 year olds. Introducing the authenticity and history of Tiffany. Tiffany in 2017 will, through our strategies and tactics, refresh the brand while still catering to the In the future, Tiffany should continue to redefine needs and wants of the classic Tiffany customer. who they are in order to stay current and relevant in a The #Redefine campaign is the best way to get the constantly evolving world. While doing so, Tiffany job done for our client because it is the perfect way should still remain true to who they are as a brand, to communicate our strategy in revitalizing the and what they have represented and demonstrated brand, in a way that is powerful and influential to throughout history. Keeping within the essence of the consumer. the brand while staying in top-of-mind awareness of consumers will keep Tiffany as the iconic brand Although Tiffany’s products are designed to last a that they have always been. Therefore, staying lifetime, the people wearing them are constantly more present on social media and adopting more changing. The idea of growing and evolving is current and progressive IMC strategies will serve to therefore a common idea, relatable both to Tiffany bring the brand to the number one spot in Canada, as a brand and their consumer. The #Redefine over-taking Swarovski’s current position. campaign is hence the perfect way to create a connection between the brand, and their target audience. The idea of redefining your own style, or constantly keeping up with the times and evolving is an idea that is pertinent to not only people, but brands as well. The #Redefine campaign is therefore meant to connect with customers in a way where they can see themselves, and their own personal growth and evolution, reflected in the Tiffany brand. The campaign is the perfect means through which customers can redefine themselves, their own style, relationships, and declarations of love. 15
Appendix 1 Brand Shares in Luxury Jewellery 2015 Swarovski, 7.2, 7% Tiffany & Co, 4.2, 4% Van Cleef & Arpels, 1.9, 2% Cartier, 1.1, 1% Ralph Lauren, 1.1, 1% Other, 84.5, 85% Swarovski Tiffany & Co Van Cleef & Arpels Cartier Ralph Lauren Other Brand Shares in Luxury Jewellery 2015 Swarovski 7.2 Tiffany & Co 4.2 Van Cleef & Arpels 1.9 Cartier 1.1 Ralph Lauren 1.1 Other 84.5 Total 100 Top 5 Total % of Brand shares 15.5 16
Appendix 2 17
References [Toronto Transit Commission Subway Doors]. (n.d.). Retrieved April 7, 2017, from https://encryptedtbn3.gstatic.com/images?q=tbn:ANd9GcS9PG86npQWyk_yQ96DWuE ayLBZDeGi_81kb7kqPar6S10iyINxUg [TIffany Snapchat Snap Code]. (n.d.). Retrieved April 7, 2017, from https://pbs.twimg.com/profile_ images/730838679321780224/_etPQAQd.jpg [TIffany Wallpaper with Ribbon]. (n.d.). Retrieved April 7, 2017, from http://www.tiffany.ca/Shared/ Images/Photo/choose_your_country.jpg [TIffany Wallpaper with Ribbon]. (n.d.). Retrieved April 7, 2017, from http://wallpapersafari.com/w/ cTiPC5/ [TIffany Wallpaper with Ribbon]. (n.d.). Retrieved April 7, 2017, from http://wallpapersafari.com/ w/50RrSY/ [TIffany Wallpaper with Ribbon]. (n.d.). Retrieved April 7, 2017, from http://wallpapersafari.com/ w/50RrSY/ [Tiffany Box]. (n.d.). Retrieved April 7, 2017, from http://raymondleejewelers.net/wp- content/ uploads/2013/12/Tiffany-Co-Engagement-Ring-top-view.jpg [Black and White Photo Two Men]. (n.d.). Retrieved April 7, 2017, from https://i.ytimg.com/vi/ YmfD9YZaQTE/maxresdefault.jpg [Two Women Wedding Love]. (n.d.). Retrieved April 7, 2017, from http://cdn2. thebigfatindianwedding.com/2014/06/Beautiful-Hindu-Jewish-Lesbian- Wedding-M2-Photography-72. jpg?mode=crop&autorotate=true&width=770 [Tiffany Necklace]. (n.d.). Retrieved April 7, 2017, from http://media.tiffany.com/is/image/ Tiffany/EcomItemL2/return-to-tiffanyheart-tag- pendant-31894867_924006_ED.jpg?op_ usm=2,1,6&defaultImage=NoImageAvailable [Tiffany Box with Ribbon and Diamond]. (n.d.). Retrieved April 7, 2017, from http://www.tiffany.ca/ shared/images/photo/A_NEW_YORK_4x2.jpg [Woman Snapchat]. (n.d.). Retrieved April 7, 2017, from https://voompla.com/wp- content/ uploads/2017/01/sonam-kapoor-snapchat-selfie-518x920.png [Tiffany Wallpaper]. (n.d.). Retrieved April 7, 2017, from http://lawoffashion.com/sites/default/files/ image/Tiffany.jpg [Tiffany Box with Ring]. (n.d.). Retrieved April 7, 2017, from https://s-media-cache- ak0.pinimg.com/ originals/3c/37/d6/3c37d615dbcc533f41a22fa0460b3a70.jpg 18
[Tiffany Blue Box with Bow]. (n.d.). Retrieved April 7, 2017, from http://s2.favim.com/610/32/Favim. com-christmas-gift-girlfriend-jewelry-present- 255592.jpg [Tiffany Necklace with Key]. (n.d.). Retrieved April 7, 2017, from http://media.tiffany.com/is/image/ Tiffany/EcomItemL2/return-to-tiffanyheart-tag-with- keypendant26909686_907345_ED.jpg?op_ usm=2,1,6&defaultImage=NoImageAvailable About Us. (n.d.). Retrieved April 07, 2017, from http://www.linksoflondon.com/ca- en/about/about-us Agrawal, A. (2016, August 09). How Tiffany & Co. Built A Marketing Empire. Retrieved April 07, 2017, from https://www.forbes.com/sites/ajagrawal/2016/01/04/how-tiffany-and-co- built-a-marketing- empire/#3f6898f71c30 Blue Nile Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://www.nationaljeweler.com/ images/stock/2016_Blue-Nile-logo.jpg Canada, G. O. (2016, September 28). Population by sex and age group. Retrieved April 07, 2017, from http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/demo10a-eng.htm Cartier Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://logok.org/wp- content/ uploads/2014/09/Cartier-logo.png Diana Key | Dec 9, 2015 1:14 am EDT. (n.d.). State of the Jewelry Industry in 2015: Growth and Challenges. Retrieved April 07, 2017, from http://marketrealist.com/2015/12/state- jewelry-industry- 2015-growth-challenges/ Elle Canada Media Kit 2016. (2016). Canada, Montreal. Euromonitor International. (2017). Luxury Jewellery: Category briefing. Passport GMID. Retrieved from http://www.portal.euromonitor.com.ezproxy.humber.ca/portal/statistics/tab Ever wondered what it costs to advertise on the TTC? (n.d.). Retrieved April 07, 2017, from http://www. blogto.com/city/2010/10/ever_wondered_what_it_costs_to_advertise_on_the _ttc/ Facebook Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from https://facebookbrand.com/wp- content/themes/fb-branding/prj-fb branding/assets/images/fb-art.png Flair Media Kit 2016. (2016). Canada, Toronto. Garcia, T. (2017, March 21). Lady Gaga roughs up Tiffany’s with ‘HardWear,’ but is it enough to lure millennials? Retrieved April 07, 2017, from http://www.marketwatch.com/story/lady-gaga-roughs-up- tiffanys-with-hardwear-but-is- it-enough-to-lure-millennials-2017-03-20 Gemstones, S. (n.d.). Swarovski Group - Swarovski Gemstones and Zirconia. Retrieved April 07, 2017, from https://www.swarovski gemstones.com/company/Swarovski_Group.en.html Gemstones, S. (n.d.). History - Swarovski Gemstones and Zirconia. Retrieved April 07, 2017, from https:// www.swarovski-gemstones.com/company/History.en.html 19
U. (n.d.). How Tiffany. Retrieved April 07, 2017, from http://www.adweek.com/brand- marketing/how- tiffany-s-iconic-box-became-world-s-most-popular-package-160228/ Iaroshchuk, I. (1970, January 01). Week 14 - Segmenting and Targeting Markets (chapter 8). Retrieved April 07, 2017, from http://irynaiaroshchuk.blogspot.ca/2010/12/chapter-8- segmenting-and-targeting. html Inside Blue Nile. (n.d.). Retrieved April 07, 2017, from https://www.bluenile.com/inside-blue- nile Instagram Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://diylogodesigns.com/blog/ wp-content/uploads/2016/05/instagram-Logo-PNG- Transparent-Background-download.png Linda Dauriz, Nathalie Remy, and Thomas Tochtermann. (n.d.). A multifaceted future: The jewelry indus- try in 2020. Retrieved April 07, 2017, from http://www.mckinsey.com/industries/retail/our-insights/a-multi- faceted-future-the- jewelry-industry-in-2020 LinkedIn. (n.d.). Retrieved April 07, 2017, from https://www.linkedin.com/company- beta/24518/?path- Wildcard=24518 LinkedIn. (n.d.). Retrieved April 09, 2017, from https://www.linkedin.com/company-beta/4688/life/ Links of London Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://www.professionaljew- eller.com/wp- content/uploads/sites/4/2015/03/links%20of%20london%20logo.jpg Lutz, A. (2017, February 05). Tiffany hires Lady Gaga in Super Bowl ad as sales plummet and CEO resigns. Retrieved April 07, 2017, from http://www.businessinsider.com/tiffany- lady-gaga-super-bowl-ad- ceo-resigns-2017-2 MakeLab - Pop-Up Interactives for Live Events. (n.d.). Retrieved April 07, 2017, from http://www. makelab.ca/ Market Segmentation. (2012, October 20). Retrieved April 07, 2017, from https://brandtiffanyandco. wordpress.com/market-segmentation/ PANDORA History - Brand Heritage and Evolution. (2016, February 09). Retrieved April 07, 2017, from http://www.pandora.net/en-ca/company/about/the-story Pandora Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://pandoragroup.com/~/media/ Images/Corporate/Media/Logos/Others/Logo%201503 2017/Pandora_crown_logo_black_1600px.png Passport GMID [Advertisement]. (n.d.). Retrieved April 7, 2017, from http://www.portal.euromonitor.com. ezproxy.humber.ca/portal/magazine/homemain Ralph Lauren Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from https://img.clipartfest.com/ baf2899647d7ae41ce4e57184091bea1_ralph-lauren-lauren- clip-art-polo-ralph-lauren-logo-cli- part_3600-1050.png 20
Swarovski Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from https://s-media-cache- ak0.pinimg. com/originals/24/97/78/2497784deb68c87378ba25d4a4dc96dd.jpg Tiffany & Co. (n.d.). Retrieved April 07, 2017, from http://financials.morningstar.com/competitors/in- dustry-peer.action?t=TIF Tiffany & Co’s. (n.d.). Retrieved April 07, 2017, from http://csimarket.com/stocks/compet_glance. php?code=TIF Tiffany & Co. - Annual Reports. (n.d.). Retrieved April 07, 2017, from http://investor.tiffany.com/annuals. cfm Tiffany & Co. Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://debenedictis.altervista. org/blog/wp- content/uploads/2015/12/TCo_Logo3_NewYorkSince1837_100K.jpg Tiffany Timeline. (n.d.). Retrieved April 07, 2017, from http://www.tiffany.ca/WorldOfTiffany/ TiffanyStory/Timeline/ Twitter Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://logos- download.com/wp-content/ uploads/2016/02/Twitter_logo_bird_transparent_png.png Van Cleef and Arpels Logo [Digital image]. (n.d.). Retrieved April 7, 2017, from http://logos- download. com/wp- content/uploads/2016/04/Van_Cleef_Arpels_logo_logotype_wordmark.jpg Visouda Kounlavong Follow. (2016, November 29). Tiffany & Co Market Analysis. Retrieved April 07, 2017, from https://www.slideshare.net/VisoudaKounlavong/tiffany-co-market- analysis Vividata [Advertisement]. (n.d.). Retrieved April 7, 2017, from https://vividata.ca/target- snapshot/ What It Costs: Ad Prices From TV’s Biggest Buys to the Smallest Screens. (2015, April 06). Retrieved April 07, 2017, from http://adage.com/article/news/costs-ad-prices-tv-mobile- billboards/297928/ What Month Do Couples Get Engaged. (2013, November 19). Retrieved April 07, 2017, from http://www. mssoundworks.com/what-month-do-couples-get-engaged/ 21
You can also read