Cost Plus World Market

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Transcript of Cost Plus World Market

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is a brand with deep ties to heritage and culture but no one knows it

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WHAT DO PEOPLETHINK ABOUTYOUR BRAND?

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INTERVIEW VIDEO

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INTERVIEW VIDEO

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STRENGTHSSo, what are its

right now?

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Isn’s perceived NEGATIVELY.

Cost Plus World Market

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Cost Plus World Market

Opportunity for GROWTH

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UNIQUE selections

Cost Plus World Market

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PROBLEM? Stand for nothing

So, what’s the

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In the MIDDLE of no man’s land

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Product doesn’t quite deliver on PROMISE.

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NO MINDSET

Lost emotional connection

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OVERALL

Cost Plus is a great brand, with good brand values who has

lost relevancy in an ever changing market place where perception of value and customer demands have evolved.

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ENEMIESMeet our competitors?

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WHAT WE FOUND?

Insights

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PERSONA

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HUNGER

for

CULTURE

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• Live in big city, 28-45 years old.

• Speak more than one language.

• They live in another country/ or want to.

• Prefer local coffee shop rather than Starbucks

• Yoga passionate

• Discovery Channel, DIY books.

L I F E STYLE

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PERSONA DISSECTED

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BIGthe

idea

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WHERE TO GO FROM HERE

The goalWe are going to reposition Cost Plus, from a stagnant retailer that people visit out of need into an iconic cultural retailer with deep ties to community and culture.

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• Face lift of corporate website• Emergence into the community• Expansion of product ?HOW

are you doing to make this new strategy come alive

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WEBSITE

Face lift of corporate website

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COMMUNITY

Emergence into the community

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PRODUCTEXPANSION

Expansion of product

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SUMMARY