mardi 6 décembre 2016

Fred Perry Brand Story (Part 3) ------ The Balance of Brand Heritage and Innovation



It is obviously tough for sportswear brands to retain their market positions in the crowded marketplace only by means of sponsorship and endorsement. A majority of sportswear brands carry rich historical cultures of several decades in this traditional industry. They are all committed into telling different heritage stories behind the brands and connecting themselves with their past so as to create a stronger emotional bond with their consumers. Keeping long-term development and sustainable competitive advantages, however, requires the balance of brand heritage and innovation. Fred Perry is a strong model of combining its past and present, and it has successfully increased its competitiveness for subsequent developments.

The Founder and His Rebellious Spirit

Mr. Perry was born into a working class family in 1909. Although he won the world table tennis champion at age 19, it was quite difficult for him to join All England Lawn Tennis and Croquet Club and a tournament since he was not a public school boy. The barrier motivated him and made him more determined instead of dispiriting him. He suffered from erroneous judgment in his first Wimbledon final, and missed out on the championship. When the International Lawn Tennis Club of Great Britain asked him not to wear the club sweater again, he expressed his feelings to them through giving them a sleeve of club sweater. After his dream was broken by the social hierarchy, he went to America which was a classless society and joined US Air Force during the World War II. As the king of court and the former world No.1, Mr. Perry won 10 championships in the major competitions such as Grand Slam tournaments, and he was a record breaker and a record holder. He enjoyed high life and dated with the most beautiful women in the world such as Marlene Dietrich and Jean Harlow in his life.

Promoting Heritage in New Ways

As a personal brand, Fred Perry has been deeply influenced by its founder Mr. Perry thanks to his outstanding achievements and colorful and controversial life. He is an inspiring role model of striving for ideals and dreams for the people with great ambitions. His rebellious spirit, talent, and desire for excellence have shaped the brand personality, which reflects and expresses its brand mantra. Fred Perry is a representative of breaking the social hierarchy between working class and upper class. Its slogan of 1950s, “Struggle against the class society” was synonymous with Fred Perry’s essential heart and soul.

The most important thing is that Fred Perry has delivered its brand spirit in new ways from generation to generation. It has connected the rebellious spirit with the contemporary subcultures including 1950s’ Mods, 1960s’ Skinheads, 1970s’ and 1980’ Soul boys and 1990’s Britpop. According to Richard Martin, Fred Perry’s Global Director of Marketing, the brand needs to constantly remind people of its history, and meanwhile maintain its relevance with contemporary.

It is the fact that a brand could leverage its brand heritage to attract consumers’ attention and build a deeply emotional connection with them so as to charge a premium price. However, it is maybe not enough to drive consumers to make purchasing decisions in a competitive context. The innovative integration of the brand heritage and the contemporary relevance could motivate consumers to be willing to pay more for its products, namely validating a premium price.

The combination of the past and present, moreover, is a significant contributor to differentiating Fred Perry from its competitors. When it comes to differentiation and innovation, the product aspect will be first emphasized. However, it is increasingly tough to differentiate the brand from its rivals only by means of products. Compared with Lacoste, the key rival of Fred Perry, both of them provide the similar looking tennis shirts at the similar prices. However, if you further explore, it will be found that the creators of two brands are completely different. Mr. Lacoste was born in France, was the son of a rich businessman, and was educated in the most prestigious schools. The difference leads to the fact that you just wear a tennis shirt, but the tennis shirts of two brands respectively stand for distinctive person. If you wear Fred Perry, you will be proud of being Freds or Perry Boys.

Today’s innovation will become tomorrow’s history. It is the reason why Fred Perry has become an iconic heritage brand in different periods and could continue to attract the followers of new generations.


Sources:
Heritage branding: making the most of the story behind your brand
Who was Fred Perry?
Fred Perry
FRED PERRY – MEANS OF EXPRESSION FOR SUBCULTURES, PART 2
A Tale of Two Tennis Shirts
Understanding brand heritage
Richard Martin of Fred Perry Talks About the Iconic British Brand's 60th Anniversary

Team 4: Florine Bonduelle, Shensheng Dai, Arthur Jourdan, Erin Palmeter, Joséphine Peyre

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