DEEPLY UNDERSTAND CONSUMER NEEDS IDENTIFY THE TARGET, SIZE THE OPPORTUNITY RETURN ON INSIGHT: A TIMBERLAND® BRAND CASE STUDY REFINE THE BRAND DNA A critical factor in VF’s success is our deep insight into consumers – what they wear … what they think … what they value … EXPLORE THE MARKET who they are. These insights are the product BRING DNA TO LIFE WITH BRAND PLAYBOOK of a rigorous and intensely collaborative process between our brands and our Consumer Insights team. This illustration portrays the interactive approach that connected the Timberland®brand with consumers in an authentic and successful way. Discovery Strategy It begins as a journey of discovery … from market surveys to hours spent one-on-one with consumers. We uncover their preferences and deeply understand their needs. We talk to people who live the category lifestyle; in this instance, men and women who live in or near the city, care deeply about style, and need footwear and apparel that can keep up with their spontaneous outdoor lifestyle. We use what we learn t o refine or even rebuild the brand’s DNA and to inform a strategy that defines the brand’s real sweet spot – not only to satisfy, but to inspire the consumer. BUILD THE BRAND LONG-TERM GUIDE PRODUCT DEVELOPMENT AND MARKETING Future Growth Execution This cycle of investing time and money is an effort that plays out over and over again – keeping our strategies on track to build our brands and connect with consumers over the long term. It helps define One VF as a c ollaborative organization t hat delivers a great brand experience and first-rate total shareholder return. Our insights guide product development and marketing, and create a retail experience that will consistently win with consumers. We stay close to the consumer; we adjust and fine-tune as our learning evolves. OPTIMIZE STRATEGIC CHOICES CREATE A WINNING RETAIL EXPERIENCE 20 21