Social Media in the Fashion Industry

Social Media in the Fashion Industry is a marketing style that allows brands to connect with their target market through social media outlets such as Facebook, Twitter, and YouTube. According to Macala Wright Lee, CEO of FashionablyMarketing.Me, “Until recently, the fashion industry has been fashionably late to the social media party, refusing to adopt it at all, or merely adopting one-way communication via social networks and RSS feeds for sales and promotions.”[1] Many brands initially believed social networking would weaken the relationship with consumers, but for most it has turned into a “genuine interaction between brand and client.”[1]. These brands use social media as a contemporary platform to connect with younger demographics.[2]

Becoming a part of the social media network allows companies in the fashion industry to capture a large audience. According to Macala Wright Lee, “The Fashion Industry has adopted social media as a marketing platform to reach their customers online and reignite brand passion and customer loyalty.”[1] The easily accessible, conversational nature of social media makes it an ideal platform for building consumer trust and loyalty - crucial components of fashion marketing. Brands attempt to distinguish themselves in social media by offering promotions, perks, and discounts.

Contents

How organizations use social media

Fashion brands have taken the opportunity to utilize social media in several ways, the most prevalent being advertising. The other uses include reporting news, updates, announcements, events, promotions, and customer service. This allows outsiders an inside look to what goes on. For example, organizations can use Facebook to promote events and give full news stories. They can use Twitter for shorter updates and announcements. Both social media sites have the ability to promote the brand. The company decides which sites to use and controls how these sites display their image.

Avoiding the use of social media platforms has been seen as detrimental to a brand’s success. Companies’ awareness of society’s dependence on technology drives them to delve into social media. In order to maintain their customer base, brands must be fully immersed in these technological trends. A study by Morgan Stanley shows mobile internet use will surpass that of desktop internet use by 2015.[3] Social media has enabled consumers to feel more “connected” to companies. It has also proven to give more exposure to individual brands.

Engagement ads

Facebook developed engagement ads that allow more communication between the advertisers and the Facebook users. The most common form is a fan page where users can receive automatic updates, comment on ads, and RSVP to events. Fashion brands like American Apparel and Victoria’s Secret PINK take it a step further and include contests to further engage users. These small interactions of commenting, voting and “liking” activities allow brands to see what consumers like and dislike. The page’s fan base allows companies to pinpoint their actual target market.

Facebook has created a way to measure viral marketing by allowing page admins to track how often content is shared and how much has spread throughout the site. The brands benefit from being able to see which fans are sharing their material and it gives them a way to see their return on investment (ROI).

Here are some terms Facebook provides to help advertisers know how engaging their ads are:

Advertising through apps

Companies have found ways to utilize apps on both social networking sites and mobile phones.

Gilt Groupe, a private discounted site for luxury clothing, created Android apps to promote their products. According to the Vice President of Product Management for Gilt, “The Gilt for Android App was specifically designed for Android-powered devices. Android users can now shop Gilt sales, preview upcoming sales, and invite friends from anywhere via multiple messaging channels, including sharing the app via QR code. In addition, unique to Android devices is the Gilt widget, which is always viewable on the phone so that Android users can see today’s sales even if they don’t have the Gilt app open.”[5] Gilt has found multiple ways to market itself through just one custom-made app.

Gilt Groupe earns about 4% of its revenue from purchases made from the iPad. Shoppers using the device are increasing their spend at a higher rate than consumers using other devices. The retailer, says 177,000 consumers have downloaded its iPad app. And the average order value for a purchase made from an iPad is about 30% higher than for purchases made from an iPhone.[6]

Facebook allows independent developers to create apps that market for several brands, or custom-develop an app for one brand. The widespread use of these applications is Facebook commerce. Target released an application that allows users to virtually play with the clothing by mixing and matching outfits while trying them on. The merchandise displayed in the game constantly changes to reflect only what is being sold in Target stores. It also increases traffic by linking users to that same item on their website.

Successful campaigns

Charlotte Russe

Charlotte Russe has a successful social media campaign with a strong following on Twitter, Facebook and YouTube. Their social media campaign is focused on “user-generated content and social engagement.”[1] Charlotte Russe has a weekly trivia contest on Twitter, which compels consumers to visit their website. According to Wright Lee, “Charlotte Russe is running ‘Be The Next Charlotte Russe Design Star’ a t-shirt design contest where the winner will have his or her shirt produced and sold online.”[1].

Diane von Furstenberg

Diane von Furstenberg is one of the most popular designers on Twitter. According to Hitha Prabhakar, a retail industry expert and principal of The Style File Group, “Within the last year of having a major online and social media presence, von Furstenberg’s online traffic has increased by 13%.”[7] The brand uses the re-tweeting capability on Twitter to capture the attention of their target market.

Louis Vuitton

Louis Vuitton is a late adopter of social media sites, but that has not stopped them from building an advantageous campaign. According to Dana Gers, who specializes in marketing communications for luxury company’s, “Louis Vuitton broadcasts its spring 2010 ready-to-wear show live exclusively to Facebook followers, offering a big incentive for recruiting new fans and a reward to its most passionate customers.”[8]

References

  1. ^ a b c d e [1], Wright Lee, Macala. “5 Ways Social Media Changed Fashion in 2009.” 2010 January.
  2. ^ California Apparel News. 23 June, 2011. <http://www.apparelnews.net/news/retailing/062411-Facebook-The-Next-Retail-Frontier>
  3. ^ The Mobile Internet Report. Rep. Morgan Stanley, 15 December 2009. Web. 11 July 2010. <http://www.morganstanley.com/institutional/techresearch/pdfs/mobile_internet_report.pdf>
  4. ^ “New Page Insights: Fan Interaction Graphs.” 5 July 2010. <http://www.facebook.com/help/?faq=15215
  5. ^ Wright, Macala. "Gilt Group Launches New App for Android." FashionablyMarketing.Me. 22 July 2010. Web. 23 July 2010. <http://fashionablymarketing.me/2010/07/gilte-group-android-app/>.
  6. ^ Rueter, Thad. March 11, 2011 <http://www.internetretailer.com/2011/03/11/big-spenders-gilt-groupe-shop-ipad/>
  7. ^ Prabhakar, Hitha. “How the Fashion Industry is Embracing Social Media.” 16 June 2010. <http://mashable.com/2010/02/13/fashion-industry-social-media/>.
  8. ^ Gers, Dana. “Social Climbing: Luxury Fashion Brands Must Embrace Social Media”. 14 October 2009. Forbes.com. < http://www.forbes.com/2009/10/14/social-media-luxury-brands-cmo-network-gers.html>.

Links

“New Page Insights: Fan Interaction Graphs.” 5 July 2010.