Présentation PowerPoint - Digital Luxury Group
Présentation PowerPoint - Digital Luxury Group
Présentation PowerPoint - Digital Luxury Group
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The <strong>Luxury</strong> Shoe Industry<br />
Analysis of Consumers’ Search Intentions and<br />
Brands’ Social Media Presence<br />
December 2011<br />
www.digital-luxury.com<br />
NEW YORK | GENEVA | DUBAI | SHANGHAI
“Give a girl the right shoes, and she can conquer the world.”<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 2<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source: http://www.thefashionfiend.com/2011/06/01/fashion-icon
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Objectives of this Research<br />
• The first digital analysis of the <strong>Luxury</strong><br />
Shoe Industry<br />
• Measuring and analyzing customer<br />
intentions via search engine searches<br />
• Social Media & Community Management<br />
analysis of top shoe brands<br />
Photo Source: http://www.coutureinthecity.com
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
SCOPE:<br />
Based on Google searches in the top<br />
luxury fashion markets<br />
Data available upon<br />
special request<br />
4<br />
Photo Source: http://www.elle.com
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
SCOPE:<br />
57 luxury shoe brands sorted<br />
into 3 categories<br />
5<br />
Photo Source: http://www.thecelebrityhome.com
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Category 1: MAISON<br />
• Brand includes a range of product categories, of<br />
which shoes is just one. Shoes do not represent<br />
more than 50% of revenues of the brand, presently<br />
nor in the past.<br />
• Brand established before 2000<br />
• Alexander McQueen, Azzedine Alaia, Balenciaga,<br />
Bottega Veneta, Celine, Chanel, Chloe, D&G, Dolce<br />
& Gabbana, Dior, Givenchy, Gucci, Isabel Marant,<br />
Kenzo, Lanvin, Louis Vuitton, Marc Jacobs, Marni,<br />
Miu Miu, Prada, Ralph Lauren, Stella McCartney,<br />
Valentino, YSL<br />
Photo Source: http://www.lvmh.fr/lvmh-news/news#/news/435:
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Category 2: SHOE HERITAGE<br />
• Brand’s original focus was on shoes, even if they have<br />
since expanded beyond<br />
• Shoes still remain major piece of the business<br />
• Bally, Casadei, Cesare Paciotti, Ferragamo, Fratelli<br />
Rossetti, GianMarco Lorenzi, Gina, Giuseppe Zanotti,<br />
Hogan, Jimmy Choo, Kurt Geiger, LK Bennett,<br />
Christian Louboutin, Manolo Blahnik, Pierre Hardy,<br />
Pura Lopez, René Caovilla, Roger Vivier, Sergio Rossi,<br />
Sigerson Morrison, Stephane Kelian, Stuart<br />
Weitzman, Tod’s, Walter Steiger<br />
Photo Source: http://theculturedkids.blogspot.com/2010_06_01_<br />
7
Category 3: NEW PLAYERS<br />
• Brand established after 2000<br />
• May or may not be solely focused on shoes<br />
• Often considered a trendsetter by its peers<br />
• Alexander Wang, Alexandre Birman, Brian Atwood,<br />
Camilla Skovgaard, Charlotte Olympia, Derek Lam,<br />
Gianvito Rossi, Jonathan Kelsey, Nicholas Kirkwood,<br />
Reed Krakoff<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 8<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source: http://magwood.ca/blog/wp-content/uploads/
Highlights<br />
• The United States is the most shoe-crazy market, with more<br />
than 40% of total global searches<br />
• 35% of search intentions (brand searches not included) are<br />
related to specific shoe styles<br />
• Prada and Gucci combined represent nearly 50% of searches<br />
in the MAISON category<br />
• Christian Louboutin rocks the Web with 45% of the searches<br />
in the SHOE HERITAGE category<br />
• Jimmy Choo and Christian Louboutin lead on Facebook<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 9<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source:: http://1.bp.blogspot.com/
TOP LUXURY SHOE MARKETS<br />
based on Google search intentions<br />
IT 8.3%<br />
FR 9.6%<br />
BRA 5.7%<br />
GER 7.9%<br />
UK 17.0%<br />
JAP 2.8%<br />
USA 48.8%<br />
DLG –October 2010 to September 2011<br />
• More than 40% of the searches were made in the US<br />
• The United Kingdom is by far the first digital European market in<br />
the shoe industry<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 10<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source: http://todayimwearing.com/wp-content/uploads/2011/06/
SEARCH INTENTIONS<br />
Clientele’s preferences towards luxury<br />
shoe brands<br />
• 91.68% of the searches are brand-related<br />
• 3.58% are related to styles (boots, ballerinas, highheels,<br />
etc…)<br />
• 3% related to distribution (POS, online shop, retailers,<br />
etc…)<br />
91.68%<br />
BRAND<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
0.1% 1.0%<br />
3.3% 5.5% 7.6%<br />
OTHER<br />
16.0%<br />
35.8%<br />
30.8%<br />
DLG –October 2010 to September 2011<br />
11<br />
Photo Source: http://www.coquettishmish.com/2011_05_01_archive.html
FOCUS on STYLES in the US market<br />
Looking at over 3 million searches focusing on styles on<br />
Google in US from January to September 2011:<br />
sneakers<br />
boots<br />
pumps<br />
sandals<br />
heels<br />
loafer<br />
wedges<br />
thongs<br />
platforms<br />
booties<br />
ballet<br />
slippers<br />
high heels<br />
espadrilles<br />
ballerinas<br />
biker<br />
lace-up<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
3.7%<br />
3.6%<br />
1.7%<br />
1.5%<br />
1.5%<br />
1.0%<br />
0.6%<br />
0.6%<br />
0.5%<br />
0.3%<br />
0.2%<br />
0.2%<br />
7.1%<br />
6.7%<br />
10.7%<br />
19.1%<br />
41.0%<br />
“Sneakers” represent more than<br />
40% of shoe style searches.<br />
Opportunity for luxury brands?<br />
12<br />
Photo Source: http://www.shoefanaticformen.co.uk/wp-content/uploads/
Top 7 Most Searched Brands in the<br />
MAISON Category (23)<br />
Prada<br />
Gucci<br />
Louis Vuitton<br />
Ralph Lauren<br />
Dolce & Gabbana<br />
Chanel<br />
Yves Saint Laurent<br />
Others (16)<br />
3.8%<br />
5.8%<br />
5.7%<br />
5.4%<br />
DLG –October 2010 to September 2011<br />
11.8%<br />
21.4%<br />
23.2%<br />
22.8%<br />
• Prada and Gucci lead, while Dior ranks 8 th<br />
• Azzedine Alaia ends the ranking with 0.1%. While the brand<br />
does not have a corporate website, the success of his designs<br />
within fashion circles and celebrities organically provides<br />
recognition.<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 Photo Source: http://www.lvmh.fr/lvmh-news/news#/news/435:
Top 7 Most Searched Brands in the SHOE<br />
HERITAGE Category (24)<br />
Christian Louboutin<br />
Jimmy Choo<br />
Salvatore Ferragamo<br />
Tod's<br />
Kurt Geiger<br />
Manolo Blahnik<br />
Others (17)<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Bally<br />
6.07%<br />
4.81%<br />
4.60%<br />
7.42%<br />
6.96%<br />
11.10%<br />
DLG –October 2010 to September 2011<br />
14.14%<br />
• Christian Louboutin rocks the Web<br />
44.89%<br />
• Jimmy Choo, Bally, and Manolo Blahnik combined represent<br />
only half the amount of searches for Christian Louboutin<br />
14<br />
Photo Source: http://theculturedkids.blogspot.com/2010_06_01_
Top 7 Most Searched Brands in the NEW<br />
PLAYERS Category (10)<br />
Alexander Wang<br />
Brian Atwood<br />
Charlotte Olympia<br />
Nicholas Kirkwood<br />
Camilla Skovgaard<br />
Alexandre Birman<br />
Derek Lam<br />
Others (3)<br />
3.41%<br />
2.62%<br />
4.62%<br />
3.64%<br />
DLG –October 2010 to September 2011<br />
10.79%<br />
18.16%<br />
27.19%<br />
29.57%<br />
• Two very tight players with more than 50% of market share<br />
combined, Alexander Wang and Brian Atwood.<br />
• Charlotte Olympia holds the third position with nearly 20% of<br />
the search volume.<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 15<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source: http://magwood.ca/blog/wp-content/uploads/
Engagement Rate<br />
0.9%<br />
0.7%<br />
0.5%<br />
Brand Engagement and Popularity on Facebook<br />
Rene Caovilla<br />
Roger Vivier<br />
Walter Steiger<br />
Sergio Rossi<br />
0.3%<br />
Giuseppe Zanotti<br />
Ferragamo<br />
Gina Shoes Charlotte Olympia<br />
0.1% Stuart Weitzman<br />
GianMarco Lorenzi<br />
-0.1%<br />
Jimmy Choo<br />
Brian Atwood<br />
0 200'000 400'000 600'000 800'000<br />
Louboutin<br />
• Jimmy Choo and Louboutin communities on Facebook are 4x larger than all<br />
the other brands represented in this graph combined<br />
• Brands like Gucci, Chanel and Dior (not on the graph) respectively account<br />
for an online community of 5.5, 4.7, and 5.3 million fans, each with an<br />
average engagement of 0.12%, 0.14% and 0.32% - Dior largely dominates the<br />
debate!<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 16<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Fans<br />
Photo Source: http://youstrikemyfancy.files.wordpress.com/
Engagement Rate<br />
0.4%<br />
0.3%<br />
0.2%<br />
0.1%<br />
0.0%<br />
Brand Engagement and Popularity on Twitter<br />
Charlotte Olympia<br />
Stuart Weitzman<br />
Giuseppe Zanotti<br />
Sergio Rossi<br />
Walter Steiger<br />
Pierre Hardy<br />
Alexander Wang<br />
Jimmy Choo<br />
Louboutin<br />
-10'000 10'000 30'000 50'000 70'000 90'000 110'000 130'000 150'000<br />
Followers<br />
• Once again Christian Louboutin shows digital superiority on Twitter with a<br />
community 3 times that of Jimmy Choo and a much higher engagement rate<br />
• Charlotte Olympia and Alexander Wang have a qualitative community with a<br />
very high engagement rate<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 17<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source:http://ritournelleblog.files.wordpress.com/2011/05/
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
“A good shoe is one that doesn't<br />
dress you but undresses you.”<br />
- Christian Louboutin<br />
18
METHODOLOGY<br />
Search Queries<br />
Extracted from search engines, the search queries collected encompass a large semantic field<br />
related to the brands and include synonyms, plurals and misspellings.<br />
Languages<br />
Portions of these search queries are in English whereas some are translated from each key<br />
market language.<br />
Data Collection and Analysis<br />
Public and professional tools are used to automate search volume collection, thanks to DLG’s<br />
strong partnerships with search engines. Once collected, this data is filtered, analysed and<br />
translated into 10 intentions (brands, models, distribution, price, colour, etc…) using<br />
exclusive DLG technology.<br />
Harmonization<br />
Since multi-product brands, such as Chanel, Dior or Gucci, may generate significantly more<br />
search volume than pure players, data is harmonized to identify shoes-only demand.<br />
Facebook & Twitter engagement rates<br />
The engagement rate is a qualitative indicator measuring the level of interactivity between<br />
the brand and its fans/followers.<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 19<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011<br />
Photo Source:http://ritournelleblog.files.wordpress.com/2011/05/
We create tailor-made digital strategies for the most<br />
admired luxury brands<br />
� 10+ years of experience working for the most respected<br />
luxury brands<br />
� Industry leader in watches and fine jewelry<br />
� Strong international presence with partners in Geneva,<br />
New York, Shanghai, Dubai<br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 20
Contact Us<br />
shoes@digital-luxury.com<br />
www.digital-luxury.com<br />
@DL_<strong>Group</strong><br />
© <strong>Digital</strong> <strong>Luxury</strong> <strong>Group</strong>, DLG SA, 2011 21
The <strong>Luxury</strong> Shoe Industry<br />
Analysis of Consumers’ Search Intentions and<br />
Brands’ Social Media Presence<br />
www.digital-luxury.com<br />
NEW YORK | GENEVA | DUBAI | SHANGHAI