Date: October 8, 2010 To: Kim Madeleine From: Eric Zimmerman Subject: Writing Assignment #2 Product: Magazine: Select Comfort's Sleep Number Bed Good Housekeeping SWOT Analysis: Strength - Weakness - Opportunity - Uniqueness: Select Comfort claims to be the only mattress company that offers an adjustable Sleep Number Setting, “a number between zero and 100 that represents the ideal combination of mattress comfort, firmness and support for your body, giving you the best night’s sleep possible” (www.selectcomfort.com). No other mattress can be adjusted like this. Individuality: Not only is the Sleep Number bed unique in it’s Sleep Number Setting technology, but it offers the ability to adjust each side of the bed independently, appealing to couples with different sleeping habits. Brand Name: This strength is two fold; first, Select Comfort and Sleep Number are recognizable names that people have typically at least heard of before; second, both of these names were brilliantly chosen, because they tell the consumer exactly what it offers…you can select your amount of comfort when you sleep by adjusting the bed to a specific numerical setting that correlates to its firmness. Luxury: As nice as it would be to have a fancy bed like a Sleep Number, the majority of Americans have been sleeping just fine (relatively so, I mean they’re alive aren’t they?) on their current beds, and may not feel the need to switch or “waste money” on something they might deem unnecessary. Crowded Market: There are a lot of other mattress companies competing with Select Comfort, including Tempur-Pedic, Sealy, Serta, and Simmons, to name a few, and even though these companies may not offer an adjustable mattress, they still promise a better night’s sleep, which is the consumer’s main concern anyway. Commonality: Almost every person with a home in the United States sleeps on some sort of bed or another; therefore there is clearly a large market of bed users to appeal to. Popular Pain Relief: According to the American Pain Foundation, “Of all the different types of aches and pains people experience, back pain is the most common. A majority of us will experience back pain at some point in our lives” (www.painfoundation.org). And the Sleep Number bed specifically claims to help provide relief from back pain, therefore furthering its appeal to the majority of Americans. Cultural Individuality: These last few decades have seen a dramatic rise in the cultural importance of feeling unique and like an individual, and this mattress offers a specific appeal to be able to individualize one’s comfort while sleeping. Everybody wants something that is perfect for them. In Threat - other words, one size does not fit all. Price: After comparing prices for mattress companies’ most popular mattresses, Select Comfort seems to fall right in the middle, with some of their “simpler” mattresses being a little less expensive than other companies, but their fancier models appear to be much more expansive for their competitive market. For example, Select Comfort’s classic series starts around $1,000, whereas Tempur-Pedic’s classic series starts around $1,200, but Select Comfort’s innovation series starts at $3,000 while Tempur-Pedic’s Bellafina bed (“the ultimate choice”) starts at $2,400. Economy: This is always a sizeable factor when trying to sell any product or service, and although there are claims that the economy is on its upturn, people are still all too familiar with the recent economic hardships, and therefore might not consider a Select Comfort mattress a spending priority right now, instead saving their money for something else. Increasing Demands: It seems that every year our society is demanding more and more from our working class, and that includes less time for sleeping. This in turn would deter the working class from considering a comfortable mattress as a worthy investment, especially if it would rarely be used. Competitive Analysis: Direct Competition: -Mattress companies including Tempur-Pedic, Sealy, Serta, and Simmons -Alternate mattress styles including spring/coil and memory foam, typically offered by the companies listed above Indirect Competition: -Other furniture companies including Ethan Allen and La-Z-Boy -Chiropractors Competitor Benefits: After researching the benefits of both foam mattresses and spring/coil mattresses, I found a good list that pretty much sums up the advantages of each competitive mattress type (http://www.myfoammattress.net/compare/spring-benefits.html): Memory Foam: -Relieves pressure and enhances deep sleep by reducing pressure points. -Conforms precisely to your body, distributes weight, improves circulation and allows your blood to flow more freely. -Has the ability to react to body temperature, softening accordingly. -You don't sink right through a high density memory foam mattress nor do you risk bottoming out. -The foam dampens shock and absorbs motion. -Lifespan of 10-20 years, depending on the manufacturer. Spring Mattress: -Good spinal alignment when sleeping on your back -Good back support for pocket spring models -Firmness -It doesn't necessarily need a foundation -Easy maintenance Positioning: Relative Position: Ad Budgets: Message: Media Strategies: -Cost Tempur-Pedic = Luxury Sealy = Doctor recommended health advantages Serta = Staying young and vital Simmons = Beauty Select Comfort = Individual control Simply based on my personal exposure to these mattress companies, I have heard of each of them at some point. I am familiar with the Tempur-Pedic logo, the Sealy “Posturepedic” mattress, the Serta sheep mascot, and Simmons’ “Beauty Rest” mattress. Therefore, since I was unable to determine these companies’ specific advertising budgets, I would argue that they are likely similar, considering that I am not more familiar with one brand over the other. Tempur-Pedic: “Welcome to Tempur-Pedic. Welcome to bed.” Sealy: “Sleeping on a Sealy is like sleeping on a cloud.” Serta: “The world’s best mattress.” Simmons: “Sleep better. Feel better.” I cannot say for sure which media strategies are being employed by each of these competitors, but I have seen TV ads, heard radio ads, and read magazine ads at least once for each of these competing companies Target Audience Breakdown: Sleep Comfort + Good Housekeeping Segmentation Variables Target Audience Brief Explanation Gender Female Good Housekeeping has a primarily female reader base, so that’s who should be targeted Age 25-54 This is the age when people will either start purchasing their own beds for the first time, or be looking for new mattress options, plus it also fits into the G.H. readership Race Primarily White Both the Select Comfort and Good Housekeeping website feature majority white models on their pages, thus appealing to a primarily white audience Life Stage Adult A time when one is old enough to own a home, hold a steady job, and potentially live with a spouse, which typically coincides with seeking sleeping/mattress options Birth Era Generation X Although the Sleep Number technology might appeal a little more to Generation Y, and Good Housekeeping might reach some Baby Boomers, Generation X is the most likely consumer for these products, fitting in with the Age and Life Stage Household Size 2-4 The Sleep Number bed definitely appeals to couples, and Good Housekeeping targets parents (specifically mothers), therefore indicating a family setting of about 2-4, because lets face it, families with 5 or more don’t have time to be reading Magazines Residence Tenure Own home If you’re going to own a nice, fancy bed, it’s likely that you would first own a home to house that nice, fancy bed Marital Status Married Again, these appeal to both couples and families Geographic Suburban This is the area where a lot of houses will be found, making it a good target for Good Housekeeping, and it is also close enough to Urban for technology and individualization to still be driving forces behind consumer behavior Socioeconomic Upper Class Income/Educatio n Middle and Lower class citizens are typically more concerned about necessities, such as owning a bed, and less concerned about the luxuries of being able to adjust its firmness Personality Gregarious/ Ambitious Good Housekeeping reaches a very gregarious kind of audience, and the Sleep Number bed is fitting for that as well, however, the Sleep Number bed is also targeted towards people who care enough about their sleeping habits to be driven to purchase one. Values (VALS) Fulfilleds “These people are mature, comfortable, and reflective […] they take personal risks but are averse to social risks […] looking for durability and value in the products they purchase” (Applegate, p.13). These qualities fit in perfectly with the above conditions for both Sleep Number and Good Housekeeping consumers Lifestyle (MONITOR) New Traditionalists Family oriented, healthy, appreciate technology, ambitious, and enjoy cooking, decorating, etc.: These qualities are what connect Sleep Number beds with Good Housekeeping USP: It’s simple, this is a bed where you can literally press a button and adjust the comfort and firmness of the mattress to meet your personal preferences. And what’s more is that each side of the bed adjusts independently, which is perfect for when two different people with two different sleeping habits are sleeping in the same bed. These are unique and important qualities because better comfort results in a better night’s sleep, which in turn leads to greater daily energy and less physical pain. Full-Page Magazine Ad: HEADLINE: (See appendix for sample drawing of ad) This bed is too hard. This bed is too soft. Ahhh, this bed is just right. That’s because it’s a Sleep Number Bed from Select Comfort. Graphic Description: Three separate pictures, all with similar background characteristics so that the background isn’t what attracts attention; it’s the bed in the foreground that commands it. The first picture is of a little girl with golden locks wearing a blue/white dress (sound familiar yet?) lying on a spring/coil bed and the bed not having any give to it, just as if it were a rock. The girl is lying flat on her back and looks very uncomfortable. The second bed is a memory foam bed with a giant, girl-size indent in the mattress, as if the girl was still lying on the bed but had sunk inside (humorous). The third bed is a Sleep Number bed, and the girl is lying on her side fast asleep with a look of pure happiness on her face as she cradles the Sleep Number remote in her hand. Returning to the background for a moment, it would consist of very home-like features, such as wood flooring, warm-colored wallpaper, and maybe even a portrait of three bears as a family. Subhead/Bridge: One firmness doesn’t fit all. Choose the firmness that’s just right for you with Select Comfort’s Sleep Number Bed. Body Copy: Don’t adjust yourself to a bed that’s too hard or too soft. Make your bed adjust to you. A Sleep Number Bed is the only bed with an adjustable Sleep Number Setting, a number between zero and 100 that represents the ideal combination of mattress comfort, firmness and support for your body, giving you the best night’s sleep possible. This is because the uniquely designed air chambers provide a gentle cushion of support and is easily adjusted to your personal needs, offering a comfort setting as unique as you are. In addition, the Sleep Number Bed is the perfect bed for couples. Each side of the mattress can be adjusted independently, allowing you and your partner to individually adjust it to your precise comfort levels. The Sleep Number Bed goes beyond comfort, it relieves back pain. While the pressure exerted by springs and metal coils in other mattresses can cause back pain, numbness and tiredness in the morning, plus lots of tossing and turning throughout the night, the Sleep Number Bed provides relief from mattress-induced aches and pains. In fact, it is even Chiropractor recommended. Start getting the sleep you deserve. Select your comfort with the Sleep Number Bed. Second Graphic: How It Works: (Taken from website, it’s a good graphic) Side Caption: (Also from website, accompanies above graphic) Sleep Number Bed features: 20-Year Limited Warranty 30-Night In-Home Trial* Lightweight, Component Design No-Tool Assembly Belgian Damask (fabric) Removable Mattress Cover Bottom Caption: *30-Night In-Home Trial It’s important to choose a mattress that suits your individual needs. And we want to help make sure that the decision you make is just right. We invite you to take our 30-Night In-Home Trial offer, where you can test a Sleep Number mattress in the best place possible: the comfort of your own home. End Copy: Don’t stay in Fairy-tale Land, make your dreams come true with the mattress that’s just right for you. With over 400 stores nationwide, The Sleep Number Bed from Select Comfort has changed the lives of over 6 million people, and it can change your life too. To find your specific Sleep Number Setting or to sign-up for our 30-Night In-Home Trial, visit our website at www.selectcomfort.com, or contact us toll-free at 1-888-580-9237. Third Graphic: Sleep Number Logo