Wednesday, April 16, 2014

Lifestyle Brands



Several brands that came out of my interviews share a common objective towards the consumer which is to connect on such a level that the brand shares the consumers life values and actively participate in his lives.
The most known examples are the surf related brands such as Quicksliver and Billabong which started more as functional or technical brands and nowadays represent a lifestyle for millions of people who live surf more as a philosophy of life than a sport. 
I would like to focus your attention on a less famous brand but a WoW brand to a colleague of mine: Petzl 
Petzl is a manufacturer of climbing gear, caving gear, work-at-height equipment, and headlamps based in Crolles (near Grenoble), France.
The company was created by the cave explorer Fernand Petzl in the mid-1970s. Their three specialties are:
·         Vertical sports: equipment for mountaineering, climbing, caving, etc.
·         Work at height and rescue: solutions for progression and safety in difficult-access worksites and in technical rescue.
·         Headlamps/head torches that provide hands free lighting

While analyzing Petzl and other lifestyles brands as the above mentioned surf related ones, it clearly came across that these brands follow 3 steps to become a so called lifestyle brand:
1st Step – Understanding the Consumer
Lifestyle brands try to fit into behavior patterns of a specific target group of consumers trying to understand them in every detail. How does the consumer enjoy his free time, what are his challenges, wishes, how does he relate with others, etc. For example in the case of our WoW brand, Petzl, the aim would be to understand who is their consumer (e.g. business man/women between 30-45 years of middle-high class with a healthy lifestyle, with no children that tries to enjoy life via meaningful experiences such as mountain climbing)
2nd Step – Product quality is crucial
The product is essential in these brands as it needs to fulfill a rational and emotional answer to our consumer needs.
In the case for Petzl, the product characteristics such as light weight and resistance is key to build its credibility among its target consumers. 
3rd Step – Creating The Brand
Once the product is part of the consumers lives it is time for transforming the product into brand value via extending the brand into relevant categories that answer all consumer unmet needs of a specific lifestyle world.
In the case of Petzl, the brand that began offering caving equipment soon extended its range to equipment for Mountaineering, Canyoneering, Bouldering, rock climbing, Ice climbing, Trail running,  Backpacking, Trekking, etc.
Enjoy the world of Petzl with this video:

2 comments:

  1. I think that one of the reasons why niche brands like Petzl can become WoW brands is that they are connected to people's passions. When you are passionate about a sport, a leisure activity, etc. is easier to stablish an emotional link with the brand that makes your passion possible.

    This is a great opportunity for brands, since they can create engaging content, start conversations and build long term relationships with people.

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  2. Brands for swim/ski/board/trekking etc. as special sports gears really establish themselves among their consumers quite nicely. Very good example, Thank you.

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