Marketing91

  • HOME
  • Marketing Concepts
    • Marketing
      • Retail Tutorials
    • Strategy
    • Management
    • Advertising
    • Branding
    • Market Research
    • Business
    • Finance
    • Sales
    • Career Guidance
    • Customer Management
    • TOP 10
  • Digital Concepts
    • Blogging
    • Search Engine Optimization
    • Social Media Marketing
    • Facebook Marketing
    • Internet Marketing
    • Ecommerce
  • Brands
    • Marketing Mix of Brands
    • SWOT analysis of Brands
    • Brands Strategy Analysis
    • Business Models
    • Brand Competitors
  • Videos
Home » Marketing mix articles » Marketing mix of Lululemon Athletica

Marketing mix of Lululemon Athletica

May 9, 2019 By Hitesh Bhasin Tagged With: Marketing mix articles

Lululemon Athletica is a public company of Canadian origin. It is associated with lifestyle and retail industry as it deals in apparel for men, women, and girls. The company was founded in the year 1998 by its founder Chip Wilson. The team of Lululemon Athletica works in tandem with its suppliers to offers authentic products with inspired designs, usage of technical materials, sophisticated manufacturing, advanced sewing techniques and innovative features. It faces rivalry from the following brands

  • Under Armour
  • Nike
  • Adidas
  • Cooper Canada
  • Bauer Hockey
  • Kuusport
  • Canada Goose

Marketing mix of Lululemon Athletica - 3

Table of Contents

  • Products in the Marketing mix of Lululemon Athletica
  • Place in the Marketing mix of Lululemon Athletica
  • Price in the Marketing mix of Lululemon Athletica
  • Promotions in the Marketing mix of Lululemon Athletica
    • Related posts:

Products in the Marketing mix of Lululemon Athletica

Marketing mix of Lululemon Athletica - 1

Lululemon Athletica is an international brand inspired by yoga and hence is a retailer of athletic apparels. It makes different types of athletic wear that includes pants, shorts, performance shirts and also yoga accessories and lifestyle apparel.

Lululemon Athletica has a diversified range of apparels for men, women, and girls and also offers educational information on fittings and sizes, fabrics and their care, yoga, and goal settings. The company uses Luon, a cutting-edge material, which is durable and strong and Luxtreme, a silky and lightweight material, as its fabrics.

It promises to deliver athletic fit, colorfastness, wick moisture and maximum function. The brand has collaborated with leading suppliers of fabric to offer advanced material that they sell under their own trademark. Apparels from Lululemon Athletica have innovative features to encourage convenience like special pockets to hold keys, credit cards, clips for heart monitors, digital audio player and elastic bands attached to zipper. Its qualitative and diversified product kitty includes

Women

  • Outerwear and Jackets
  • Vests and Hoodies
  • Sweaters
  • Long Sleeves and Short Sleeves
  • Onesies and Dresses
  • Tanks
  • Swimwear includes both top and bottom
  • Bras
  • Pants
  • Crops
  • Skirts
  • Shorts
  • Wraps and Scarves
  • Props and Yoga Mats
  • Hair Accessories and Hats
  • Bags
  • Shoes
  • Water Bottles
  • Underwear and Socks
Also Read  Marketing mix of Levi's

Men

  • Shoes
  • Water Bottles
  • Underwear and Socks
  • Hats
  • Bags
  • Props and Yoga Mats
  • Swimwear
  • Shorts
  • Tights
  • Joggers
  • Pants
  • Hoodies and Jackets
  • Long Sleeves and Short Sleeves
  • Polos
  • Tanks

Girls

  • Swimwear including top and bottom
  • Outerwear and Jackets
  • Vests and Hoodies
  • Wraps and Sweaters
  • Long Sleeves and Shirt Sleeves
  • Leotards and Bodysuits
  • Tanks
  • Bras
  • Skirts
  • Shorts
  • Crops
  • Pants
  • Underwear and Socks
  • PBteen Bedding
  • Hats and Headbands
  • Gloves and Scarves
  • Bags

Place in the Marketing mix of Lululemon Athletica

Lululemon Athletica started its operations from Canada and with time has spread its presence in the international market that includes places like United Kingdom, France, Germany, Singapore, Hong Kong, Sweden, Taiwan, Switzerland, the Netherlands, New Zealand, China, Australia, Canada and the United States. It has its headquarters based in Vancouver in Canada.

Lululemon Athletica has a strong distribution channel that helps in distributing its products far and wide in the domestic and international arena. It has opened storefronts in street locations, malls, and lifestyle centers that offer the brand maximum exposure in terms of customer presence. Products are strategically displayed in each and every outlet to gain utmost attention. Customers are allowed to browse the outlet so that they can feel and touch the products. The customers have the satisfaction of knowing the product which they want to take home. The employees are well-trained to offer impeccable services. Lululemon Athletica has an official website that works as its store and offers products for sale. The company also sell its products via fitness centers, health club and yoga studious.

Price in the Marketing mix of Lululemon Athletica

Lululemon Athletica at the end of the financial year 2015 posted its revenues and total assets at 1.79 billion US Dollars and 1.29 billion US Dollars respectively. The company is known for its high-quality and stylish items and has targeted middle-class individuals from urban cities who are health conscious and who play sports regularly. The perceived targets are mainly established in their secured income group or are professionals who can easily afford high brands as part of their daily routine.

Also Read  Marketing Mix of Hewlett Packard - HP marketing mix

Lululemon Athletica has a high brand position because it differentiates itself with its product offering. The company does not have a serious competitor in the consumer market because none of the other companies use the same material used by this brand.

It has kept a value-based policy for all its products. This policy has proved to be a success for the brand because its customers take into consideration the quality of the product in respect of the money shed against it. Lululemon Athletica has adopted a premium pricing policy for its qualitative products as they will be purchased by high-end customers for whom money matters less than brand value and quality.

Lululemon Athletica has also adopted a promotional pricing policy and offers incentives, discounts, free shipping to maintain its customer base.

Promotions in the Marketing mix of Lululemon Athletica

Marketing mix of Lululemon Athletica - 2

Lululemon Athletica has positioned itself as a prestigious brand and has used exclusive marketing for promoting its brand awareness.  For the company, its stores are its most important advertising tool. Sales representatives offer personalized service and encourage the clients to go through the store at its own leisure. Customer service is the best advertising tool of the brand and it employs efficient staff to handle all matters.

The company has its official website to advertise products. When the website is visited by customers they also receive an educational tutorial on various fabrics. Lululemon Athletica has created a user-friendly website that helps in gathering required information easily.

Lululemon Athletica has participated in several public relation activities. Every year all its outlets choose eight charitable offerings it wants to donate and through this project builds a great image of its firm. The company has chosen athletes and other influencers as its brand ambassador so as to elevate their communities and create positive brand awareness amongst the fitness freaks. Some of its Global yoga ambassadors are Baron Baptiste from the United States, Ryan Leier from Canada, Gloria Latham from Greece and Kerri Kelly from the United States.

Also Read  Marketing Mix of Croma - Croma Marketing Mix

Related posts:

Marketing Mix of FacebookMarketing Mix of Facebook – Facebook Marketing Mix Marketing Mix of BentleyMarketing Mix of Bentley – Bentley Marketing Mix marketing mix of honda motorsMarketing Mix Honda Motors Marketing Mix Of CheeriosMarketing Mix Of Cheerios – Cheerios Marketing Mix Marketing Mix of OracleMarketing Mix of Oracle – Oracle Marketing Mix Marketing Mix of SoftBankMarketing Mix of SoftBank – SoftBank Marketing Mix Marketing Mix of BPCLMarketing Mix of BPCL – BPCL Marketing Mix Marketing Mix of CostcoMarketing Mix Of Costco – Costco Marketing Mix Marketing Mix of BoseMarketing Mix of Bose – Bose Marketing Mix Marketing Mix Of GuinnessMarketing Mix Of Guinness – Guinness Marketing Mix
Also Read  Marketing mix of Allianz - Allianz Marketing mix
GET DAILY MARKETING UPDATES

About Hitesh Bhasin

I love writing about the latest in marketing & advertising. I am a serial entrepreneur & I created Marketing91 because i wanted my readers to stay ahead in this hectic business world. You can follow me on Facebook. Let's stay in touch :)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement
Recent Posts
  • Autocratic Leadership | Characteristics, Advantages, Disadvantages
  • Communication Systems – Types and Elements
  • China vs India: Biggest Differences Between China and India
Advertisement

Marketing91

MORE INFO

  • About Marketing91
  • Privacy Policy
  • Cookie Policy
  • Disclaimer
  • Terms of Use
  • Advertise
  • Contact us
  • Sitemap
  • ISO 9001:2015 Certified

LEARN WITH US

  • Course on Market Segmentation
  • Course on Marketing Strategory Models

WE WRITE ON

  • Marketing
  • Small Business
  • Management
  • Internet Marketing
[email protected]

Copyright © 2020 Marketing91 All Rights Reserved