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Analysis of Volcom Inc.

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Volcom Inc. SWOT Volcom was acquired by PPR in May 2011, I did the analysis from the standpoint that Volcom's management still remained independent. 1) Volcom's advertising and promotional strategy consisted of athlete sponsorship, print advertisements, branded events, online marketing, branded retail stores, music, film, and the Featured Artist Series. The company has stayed true to its board sport heritage since day-one recognizing a portion of their customers to be "poseurs" or groups of people who want to fit in with the current fad but have no real connection to what the brand represents. Through their corporate sponsorship of extreme sport athletic events and the development of both a music label & production company, Volcom …show more content…

eme sports magazines, involved in online marketing - Branded retail stores * Volcom sports an exciting and interactive website; particularly targeted at the youth and extreme sport enthusiasts; provides a venue where customers can "hang out" and communicate with one another - Website provides updates on extreme sport contest, and provides free videos of their sponsored athletes * Large distribution network: lifestyle retailers like Pacific Sun and Zumiez along with large amounts of independent surf shops and retail stores, additionally they have about 20 of their own retail stores * Integrated SKU, that provided management with a summary of all departments as well as a summary report outlining business and financial trends * Sound financials with large amounts of cash on-hand and high earnings yield Weakness * Clothing products are very interchangeable with competitors * Target customers (youth) are very unpredictable and often change their taste and sense of style * Large segment of their customers aren't true extreme sport followers but are what is commonly called a "poseur", and will only purchase the Volcom product to fit the lifestyle; causing reduced brand loyalty and an increased opportunity for Volcom clothing to be part of a phase that eventually passes - Volcom products are constantly in jeopardy of being a fad, opening the possibility to lose large amounts of revenue * Huge amount of extremely similar competitors which

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