JCP BRAND ANALYSIS & E-COMMERCE SITE EFFECTIVENESS Aarica Jefferson, Julio Santos Dominique Marsh, Varissa Campos S.W.O.T Analysis Strengths: • Omni-channel • Wide variety of products and services • Lifetime relationship with customers • Brand recognition • Established nationwide Weaknesses: • Blurred target market • Identity crisis • Decrease in sales • Loss in popularity Opportunities: • More internet presence • Utilize more social media • Product and service expansion • Niche markets Threats: • Kohls • Macy’s • Dillards Site Purpose Inform the consumer on product selection Provide products sold in the brick and mortar store to online customer. Display In-store sales Exclusively online promotions Featured merchandise Positive Branding While the site is not overly saturated with the new logo, JCP prominently features private brands and designer collaborations. Showcases promotions that enforce the idea that J.C. Penney is a place to purchase great products for inexpensive prices. Intended Audience The intended user of jcpenney.com is broad Consumer searching for specific item Former shopper that is rediscovering brand Current shopper that is researching sales JCP is now targeting younger consumers, a fairly recently enforced strategy. Mobile Content Solutions Mobile device updates Text alerts are useful for the shopper who doesn’t receive mail circulars have an email address Use a smart phone Ensures consumer remains aware of sales and promotions Revenue Model & Marketing Relationships J.C. Penney follows the value added and product differentiation revenue model. J.C. Penney does not appear to have affiliates, alliances, a market place, or other marketing relationships, but they do have investors. Features & Functionality Simple and enjoyable Features: Sign-up for both mobile and email updates Item search engine Links to social media Usability Very user-friendly Award-winning usability Departmental product categories Home, women’s, men’s, junior’s, kid’s, shoes and patio Mouse-over sub-menus Easy to navigate Social Media Utilizes social media to create awareness Of store brand Of sales and promotions Of private brands Links to Facebook, Twitter, and YouTube page. Mobile Commerce Utilizes mobile commerce capabilities plenty of options for mobile mobile updates mobile app available for iPhone iPad Android devices. International Presence JCP ships to South America, Europe, Africa, Asia and Canada. Shipping rates are dependent on country No physical stores outside of the United States J.C. Penney’s Major Competitor Usability J.C. Penney site is more user-friendly than Kohl’s More clearly defined navigation tools Ex. clothing categories. “Women’s pants” Both websites are easy to use, but J.C. Penney’s site is slightly more polished looking, and easier to maneuver. Web Strategies Strategies are similar Kohl’s showcases sales promotions more noticeably Kohl’s clarity in advertisement is the stronger website strategy Entices the Kohl’s consumer to enter the sale webpage More likely to purchase impulsively. Assortment Differences Organization of product categories is different J.C. Penney has a more broad, less cluttered approach to their product assortment. Kohl’s has more than five sub categories for each product section, which can be overwhelming for customers when shopping online. Conclusion JCP has strong brand recognition, but while attempting to gain new consumers, former consumers were alienated JCP has more user-friendly website design than its main competitor, Kohl’s Kohl’s has a more compelling cross-selling e-commerce strategy JCP should focus on reversing damage done by rapid repositioning Reclaim former consumers by reverting back to previous pricing strategy; JCP consumers prefer the implementation of coupons and finding bargains