This document discusses considerations for marketing to consumers in the United States. It covers the opportunities ("the pleasure") such as the large, developed market and high consumer spending. It also discusses challenges ("the pain") like the crowded retail environment, complex tax and labeling regulations. It provides insights into what American consumers love, such as English products and bargains, and what they dislike like incorrect spelling and calendars. Finally, it includes a primer on US holidays and terminology differences compared to the UK.
7. @SoleberryLtd
The pain
Its a crowded market
50 states, 50 sales taxes
Labeling (country of origin)
Customs and duties
Mickey Drexler, CEO of J.Crew, said:
There are too many retailers. There are too
many brands. There are too many
designers. There are too many discount
stores, and the predator online companies
are selling discount like crazy.
Source: Forbes.com
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A primer - Holidays
Holiday Date
Valentines
Day
February 14
Tax Day April 15
Mothers Day mid-May
Memorial Day End May
Independence
Day
July 4
Labor Day Early September
Halloween October 31
Thanksgiving End November
Christmas That stays the same
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A primer - terms
UK (wrong) term US (right) term
Delivery Shipping
Next day Delivery Overnight Shipping
Pound and pence Dollar and cents
9/5/2013 5/9/2013
Post code Zip code
Free (phone call) Toll free
Centimetres Inches
Knickers Underpants
Great blog post on advertising differences
with videos from Curveball Media
Video on language differences
Eddie Izzard at his finest
#4: According to NPD, as of a year ago online accounted for 20% of apparel sales
#5: Speak about populationOnline purchasingIpad penetration
#6: What does it mean for your business? What is the model and what is the opportunity (and opportunity cost)?ASOS last quarter results intl 59% of businessBoden 30% from US
#7: What does it mean for your business? What is the model and what is the opportunity (and opportunity cost)?ASOS last quarter results intl 59% of businessCathKidston has almost 50 stores across asia and has stated that inernational is its key strategic focus for this yearBoden 15% of sales from Continentialeurope, 30% from US
#8: The U.S. apparel market is the largest in the world, comprising about 28 percent of the global total and has a market value of about 331 billion U.S. dollar
#9: CPCs in the U.S. continued to be higher, at $0.44, than the U.K. at $0.38 USD.