Social Media in the Fashion Industry
Encyclopedia
Social Media in the Fashion Industry is a marketing style that allows brands to connect with their target market through social media
outlets such as Facebook
, Twitter
, and YouTube
. According to Macala Wright Lee, CEO of FashionablyMarketing.Me, “Until recently, the fashion industry has been fashionably late to the social media party, refusing to adopt it at all, or merely adopting one-way communication via social networks and RSS feeds for sales and promotions.” Many brands initially believed social networking would weaken the relationship with consumers, but for most it has turned into a “genuine interaction between brand and client.”. These brands use social media as a contemporary platform to connect with younger demographics.
Becoming a part of the social media network allows companies in the fashion industry to capture a large audience. According to Macala Wright Lee, “The Fashion Industry has adopted social media as a marketing platform to reach their customers online and reignite brand passion and customer loyalty.” The easily accessible, conversational nature of social media makes it an ideal platform for building consumer trust and loyalty - crucial components of fashion marketing. Brands attempt to distinguish themselves in social media by offering promotions, perks, and discounts.
Avoiding the use of social media platforms has been seen as detrimental to a brand’s success. Companies’ awareness of society’s dependence on technology drives them to delve into social media. In order to maintain their customer base, brands must be fully immersed in these technological trends. A study by Morgan Stanley
shows mobile internet use will surpass that of desktop internet use by 2015. Social media has enabled consumers to feel more “connected” to companies. It has also proven to give more exposure to individual brands.
Facebook has created a way to measure viral marketing by allowing page admins to track how often content is shared and how much has spread throughout the site. The brands benefit from being able to see which fans are sharing their material and it gives them a way to see their return on investment (ROI).
Here are some terms Facebook provides to help advertisers know how engaging their ads are:
Gilt Groupe, a private discounted site for luxury clothing, created Android apps to promote their products. According to the Vice President of Product Management for Gilt, “The Gilt for Android App was specifically designed for Android-powered devices. Android users can now shop Gilt sales, preview upcoming sales, and invite friends from anywhere via multiple messaging channels, including sharing the app via QR code. In addition, unique to Android devices is the Gilt widget, which is always viewable on the phone so that Android users can see today’s sales even if they don’t have the Gilt app open.” Gilt has found multiple ways to market itself through just one custom-made app.
Gilt Groupe earns about 4% of its revenue from purchases made from the iPad. Shoppers using the device are increasing their spend at a higher rate than consumers using other devices. The retailer, says 177,000 consumers have downloaded its iPad app. And the average order value for a purchase made from an iPad is about 30% higher than for purchases made from an iPhone.
Facebook allows independent developers to create apps that market for several brands, or custom-develop an app for one brand. The widespread use of these applications is Facebook commerce. Target released an application that allows users to virtually play with the clothing by mixing and matching outfits while trying them on. The merchandise displayed in the game constantly changes to reflect only what is being sold in Target stores. It also increases traffic by linking users to that same item on their website.
is one of the most popular designers on Twitter. According to Hitha Prabhakar, a retail industry expert and principal of The Style File Group, “Within the last year of having a major online and social media presence, von Furstenberg’s online traffic has increased by 13%.” The brand uses the re-tweeting capability on Twitter to capture the attention of their target market.
is a late adopter of social media sites, but that has not stopped them from building an advantageous campaign. According to Dana Gers, who specializes in marketing communications for luxury company’s, “Louis Vuitton broadcasts its spring 2010 ready-to-wear show live exclusively to Facebook followers, offering a big incentive for recruiting new fans and a reward to its most passionate customers.”
Social media
The term Social Media refers to the use of web-based and mobile technologies to turn communication into an interactive dialogue. Andreas Kaplan and Michael Haenlein define social media as "a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0,...
outlets such as Facebook
Facebook
Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. , Facebook has more than 800 million active users. Users must register before using the site, after which they may create a personal profile, add other users as...
Twitter
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets".Twitter was created in March 2006 by Jack Dorsey and launched that July...
, and YouTube
YouTube
YouTube is a video-sharing website, created by three former PayPal employees in February 2005, on which users can upload, view and share videos....
. According to Macala Wright Lee, CEO of FashionablyMarketing.Me, “Until recently, the fashion industry has been fashionably late to the social media party, refusing to adopt it at all, or merely adopting one-way communication via social networks and RSS feeds for sales and promotions.” Many brands initially believed social networking would weaken the relationship with consumers, but for most it has turned into a “genuine interaction between brand and client.”. These brands use social media as a contemporary platform to connect with younger demographics.
Becoming a part of the social media network allows companies in the fashion industry to capture a large audience. According to Macala Wright Lee, “The Fashion Industry has adopted social media as a marketing platform to reach their customers online and reignite brand passion and customer loyalty.” The easily accessible, conversational nature of social media makes it an ideal platform for building consumer trust and loyalty - crucial components of fashion marketing. Brands attempt to distinguish themselves in social media by offering promotions, perks, and discounts.
How organizations use social media
Fashion brands have taken the opportunity to utilize social media in several ways, the most prevalent being advertising. The other uses include reporting news, updates, announcements, events, promotions, and customer service. This allows outsiders an inside look to what goes on. For example, organizations can use Facebook to promote events and give full news stories. They can use Twitter for shorter updates and announcements. Both social media sites have the ability to promote the brand. The company decides which sites to use and controls how these sites display their image.Avoiding the use of social media platforms has been seen as detrimental to a brand’s success. Companies’ awareness of society’s dependence on technology drives them to delve into social media. In order to maintain their customer base, brands must be fully immersed in these technological trends. A study by Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
shows mobile internet use will surpass that of desktop internet use by 2015. Social media has enabled consumers to feel more “connected” to companies. It has also proven to give more exposure to individual brands.
Engagement ads
Facebook developed engagement ads that allow more communication between the advertisers and the Facebook users. The most common form is a fan page where users can receive automatic updates, comment on ads, and RSVP to events. Fashion brands like American Apparel and Victoria’s Secret PINK take it a step further and include contests to further engage users. These small interactions of commenting, voting and “liking” activities allow brands to see what consumers like and dislike. The page’s fan base allows companies to pinpoint their actual target market.Facebook has created a way to measure viral marketing by allowing page admins to track how often content is shared and how much has spread throughout the site. The brands benefit from being able to see which fans are sharing their material and it gives them a way to see their return on investment (ROI).
Here are some terms Facebook provides to help advertisers know how engaging their ads are:
- Interactions: Total number of comments, Wall posts, and likes.
- Interactions Per Post: Average number of comments, Wall posts, and likes generated by each piece of content you post.
- Post Quality: Score measuring how engaging your content is to Facebook users. A higher Post Quality indicates material that better engages users.
- Posts: Number of posts your Page has made either on the Wall or in video.
- Page Views: Number of times your Page has been viewed by Facebook users.
- Stream CTR / ETR: This graph is a measure of the Click Through Rate and Engagement Rate for your content appearing in the Facebook News Feed. If a user clicks on one of your posts, that will be counted as Stream CTR. If a user likes or comments on one of your posts, that will be counted in the Stream ETR. Please note that Stream data is based on a sample and therefore is an estimate of your Stream CTR and ETR. (Coming soon)
- Media Consumption: This graph tracks how many photo views, audio plays, and video plays your content have received.
- Discussion Posts: Total number of discussion posts written by fans.
- Reviews: Number of times your Page has been rated in the Reviews application.
Advertising through apps
Companies have found ways to utilize apps on both social networking sites and mobile phones.Gilt Groupe, a private discounted site for luxury clothing, created Android apps to promote their products. According to the Vice President of Product Management for Gilt, “The Gilt for Android App was specifically designed for Android-powered devices. Android users can now shop Gilt sales, preview upcoming sales, and invite friends from anywhere via multiple messaging channels, including sharing the app via QR code. In addition, unique to Android devices is the Gilt widget, which is always viewable on the phone so that Android users can see today’s sales even if they don’t have the Gilt app open.” Gilt has found multiple ways to market itself through just one custom-made app.
Gilt Groupe earns about 4% of its revenue from purchases made from the iPad. Shoppers using the device are increasing their spend at a higher rate than consumers using other devices. The retailer, says 177,000 consumers have downloaded its iPad app. And the average order value for a purchase made from an iPad is about 30% higher than for purchases made from an iPhone.
Facebook allows independent developers to create apps that market for several brands, or custom-develop an app for one brand. The widespread use of these applications is Facebook commerce. Target released an application that allows users to virtually play with the clothing by mixing and matching outfits while trying them on. The merchandise displayed in the game constantly changes to reflect only what is being sold in Target stores. It also increases traffic by linking users to that same item on their website.
Charlotte Russe
Charlotte Russe has a successful social media campaign with a strong following on Twitter, Facebook and YouTube. Their social media campaign is focused on “user-generated content and social engagement.” Charlotte Russe has a weekly trivia contest on Twitter, which compels consumers to visit their website. According to Wright Lee, “Charlotte Russe is running ‘Be The Next Charlotte Russe Design Star’ a t-shirt design contest where the winner will have his or her shirt produced and sold online.”.Diane von Furstenberg
Diane von FurstenbergDiane von Fürstenberg
Diane von Fürstenberg, formerly Princess Diane of Fürstenberg , is a Belgian-American fashion designer best known for her iconic wrap dress. She initially rose to prominence when she married into the German princely House of Fürstenberg, as the wife of Prince Egon of Fürstenberg...
is one of the most popular designers on Twitter. According to Hitha Prabhakar, a retail industry expert and principal of The Style File Group, “Within the last year of having a major online and social media presence, von Furstenberg’s online traffic has increased by 13%.” The brand uses the re-tweeting capability on Twitter to capture the attention of their target market.
Louis Vuitton
Louis VuittonLouis Vuitton
Louis Vuitton Malletier – commonly referred to as Louis Vuitton , or shortened to LV – is a French fashion house founded in 1854 by Louis Vuitton. The label is well known for its LV monogram, which is featured on most products, ranging from luxury trunks and leather goods to ready-to-wear, shoes,...
is a late adopter of social media sites, but that has not stopped them from building an advantageous campaign. According to Dana Gers, who specializes in marketing communications for luxury company’s, “Louis Vuitton broadcasts its spring 2010 ready-to-wear show live exclusively to Facebook followers, offering a big incentive for recruiting new fans and a reward to its most passionate customers.”