Monday 28 October 2013

ASOS Male App - Secondary Research from ASOS Material

I've been doing lots of research over the last couple of weeks and have found some really useful articles and information. I have posted the majority of what I have collated so far and will keep adding to it regularly. I'm going to focus on academic sources this week such as Mintel etc and then specifically look into the Menswear market.

The below caption was taken from the ASOS website and I found it to be a really good basis that I can refer back to when planning details of the Menswear app to ensure I have their core beliefs and aims at the heart of everything I'm doing.

The ASOS target customer as noted on their site:


Overview

Our core customer is the twenty-something fashion-lover: an avid consumer and communicator who is inspired by friends, celebrities and the media.
We are obsessive about understanding them so we can join their conversation and offer them the fashion they want.

Who they are

Setting trends or following them, most twenty-somethings are engaged with fashion.
For them, their clothing – and beyond that, their style – expresses their identity and helps them assert their individuality.
Twenty-something consumers lead digital lives: they have instant access to information, communicate constantly with friends and broadcast their daily lives and thoughts across the social networks. For them this level of communication and interaction is what they’ve grown up with.
And fashion matters to them: 67% of under-25s believe how they look is important with almost three quarters of all young women saying they enjoy shopping for clothes*.
That’s because fashion is also entertainment. These young consumers don’t just like to shop online. They follow and often comment on celebrity trends; they blog their own “fashion editorial”; they broadcast their thoughts on style in soundbites on social networks and via YouTube.
How do they like to shop?
Two thirds of those aged 19-25 shop online because it’s faster and easier**. And they are responding in different ways to the financial squeeze – for example, in the UK we’ve found that the 18-21-year-old group is the most likely to shop according to discounts compared to those in their mid or late twenties*.
* Mintel Young Fashion Report December 2011 ** ASOS Finance analysis by age bracket February 2012


http://www.asosplc.com/how-we-do-it.aspx - accessed 28/10/2013

App Potential Postings



‘We talk style, beauty, celebrities, music, and television and we do it through high quality editorial, on our blogs, through our Magazine and in our daily edits and updates.’ 
These are really useful subjects to bear in mind when thinking about the content of the Menswear app.

Future Plans



This screen grab above from the ASOS website is really interesting. As stated they are ‘concentrating more then ever on appealing to men’ And in the 2012 menswear sales jumped by 24%. The launch of the low down app should hopefully further this growth and assist with appealing to the wider male market.



This is a really positive article that I came across on The Drum website. It shows that ASOS has 7.1 million active users and that their focus for the next year is to develop apps – good news for the proposed Lowdown app!

Current Focus



As we can see from the above screen grab from the ASOS site the ASOS Magazine is purely focused on Women. All 12 cover stars from the last year have been women and there is not Menswear editorial included. The Magazine is part of the ASOS Premier Subscription offer so to alienate this benefit from males could potentially discourage men from joining.




As you can see from this page in the ASOS Magazine from May 2013 ASOS currently has 3 apps, the scan to shop app (for the magazine) the Fashion Up app and the general ASOS shopping app. Out of all 3 there is no specific app direct at the Male customer in the Same was the Fashion Up is for the Females. Bearing in mind the Magazine is just womenswear the Scan to shop app would be redundant on the Male customer base.

Ambition 





The launch of ‘low down’ perfectly fits in line with ASOS’ ambition as shown below on their website

http://www.asosplc.com/our-ambition-and-strategy.aspx - accessed 19/10/2013


Men's Editorial From The Site


Back in September ASOS launched the ‘Daily Edit’ feature on their site. The Menswear page on average has 1 post a day including funny news storys, tv/film edits and product features. This is the key kind of editorial that could be featured in the Low Down App and shows that ASOS Menswear has not been totally missed out of ASOS’ Marketing and Social plans.
Germany's Winter Olympics Team – Josh Woodfin 22/10/13





This shows a more humours and witty side to the ASOS Menswear Tone of Voice. It shows they’re not afraid to be more risqué than the women’s side of ASOS and this is key when planning features for the app to stay true to the ASOS Menswear brand tone.
Fifty shades casting takeover Alistair Mulhall 17/10/13





This screen grab from the @ASOS_Menswear twitter really shows the ASOS Menswear direction and the language they use emphasises the laid back and witty style they have. The top tweet Today, Apple is announcing the new iPad. Yesterday, bought the existing iPad at full price. Loving life!’ is a really great example of possible content that could be extended to create a full feature on the Low Down App. The imagery used in their twitter background is also worth noting, it shows informal and casual looking males perhaps a representation of their target customer. This again is something that should be continued through to the app to create fluidity and ensure the app is following the ASOS Menswear branding across all platforms.



Men’s fashion does lightly feature in the ASOS Fashion Finder section with ‘Which weekend styles are you’ features and users uploading their own street style looks. It shows the ASOS Male is a conscious consumer and is keen to actively get involved. Hopefully these users will benefit from the launch of the Low Down app and actively read the content on their mobiles when they’re out and about, travelling or at a lecture!

ASOS 2012/13 Financial Report

The ASOS 2012/13 financial report was released this week. I have read through it and watched all the presentations that are available. We also had a meeting with the Exec Board with plans for the future financial year. Key things I took from the end of year report are shown below:






 The Fashion Destination – desktop and mobile  -Source – google analytics and web trends http://www.asosplc.com/~/media/Files/A/ASOS/results-archive/pdf/fy-2013-presentation.pdf - accessed 20/11/13

  • Enhanced mobile phone and tablet sites – these now account for 30% of visits
  •  Rebuilding of key IT and web platforms to handle our future volumes


•         We constantly enhance our websites
 to ensure we offer the most engaging customer experience, with particular focus on developing and improving our mobile sites and apps as these represent an ever- increasing proportion of our traffic and sales. 
      The above statements and figures are really useful when looking at my business proposal as ASOS are already aware of the importance of apps and mobile sites.
The below shows their risks assessment for the forthcoming year taken again from the annual report

      Outlook
•         We have started the new financial year positively. Our £1 billion sales target is now firmly in our sights and we have stepped up our investment in people, technology, logistics and marketing to support the significant global
The above shows that ASOS are in a good financial position to invest due a really strong year that they have had and that technology and marketing will be a key focus next year!
 Technological Risks
Failure or interruption of or denial of access
to information technology systems and infrastructure
The Group is dependent on its IT infrastructure and any system performance issues (for example system or infrastructure failure, damage or denial of access) could seriously affect our ability to trade.
To combat that
Ongoing investment made in IT systems to ensure that they are able to continue to respond to the needs of the business and do not become obsolete.
Back-up facilities in place to ensure that business interruptions are minimised and internal and customer data is protected from corruption or unauthorised use.
Business recovery plans in place to minimise effects of damage or denial of access to infrastructure or systems.
Technology Risk
Failure to adopt technological innovations
Internet retailing is based on rapidly changing technologies and failure to adopt new technological platforms to reach its target market could impact ASOS’s performance.
Combat        
Proactive approach to adopting technological developments to retain appeal within core customer market.


Proactive approach to collecting and analysing data from customer spend and site usage habits to try to establish any important trends.
The above risks and combat strategies show that I need to consider any risks within my project as they are clearly important to ASOS.

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