Sunday, February 15, 2009


I was really excited when I learned that we had to take the VALS survey . I usually love taking placement tests because it gives me insight into the method to my madness, so to speak. So I took the survey and it told me that my primary VALS is an Experience and my secondary VALS is an Innovator. Upon reading the definition, I was somewhat skeptical of the accuracy. I mean I don’t always have to have the newest, trendiest things. And truthfully, I don’t care what others view me as; this is some characteristics of being an Experiencer. On the other hand I am a impulse buyer, and I love to take risks. The Innovator matches more of my characteristics when it comes to buying. The survey results were very accurate. “Innovators are very active consumers, and their purchases reflect cultivated tastes for upscale, niche products and services.“ This quote describes me very well.
I think that it is important to learn the psychology behind buying, because it gives insight on why people purchase and what motivates them to buy. Although some may say that this practice is bias and is based on stereotypes, it is important to note that not all the characteristics are accurate. Some of the characteristics may not even apply to every person. But just as detectives have criminal profiles to help calculate what the criminal is going to do next, it is important to have a consumer profile.
Last Tuesday my group profiled a Lane Bryant consumer. Her profile consisted of (after feed back from the class) a woman named Jane in her 30’s-40’s, has 2 children, is married, drives a Toyota Camry, makes $60000-$70,000 a year, and owns a house. I would consider her primary VALS as Achiever and her Secondary VALS as a Thinker. The profiling of this Lane Bryant customer was pretty accurate. If I was selling something to a consumer like Jane, I would know more about her buying style because of the VALS survey.

Thursday, February 5, 2009

Express Success


My favorite retailer that I wrote about in my last blog was Express. Express started out as a Limited Brand company, under the name of Limited Express. The first Express store was tested in 1980, in Chicago as a younger, hipper version of The Limited (wikipedia). The success led to having 250 stores across America by 1986, at which point the current CEO, Michael Weiss had joined the brand. By this time, Weiss decided to experiment with men’s clothing, which flourished drastically, and eventually spun off into it’s own store, Structure. By 1989, Weiss was named Merchandiser of the Year by Apparel Merchandising Magazine (wikipedia). Express had hit the billion dollar mark by 1991.
Express was known for its sophisticated work clothing, as well as their leisure weekend wear. By 2001, Structure and Express merged to produce the lucrative dual gender store which we now know as Express. In July of 2007, Express was sold to Golden Gate Capital, thus becoming an independent company (express.com).
Express currently has over 550 stores across America (with one just opening in Hawaii last December), and employs over 20,000 employees. Express’ headquarters are located in Columbus, Ohio and in New York, New York (where the design studio is also located). Today, Express is well known for their Editor pants and jeans. I believe that Express is so successful because of the strong entrepreneurial skills and the vision of CEO Michael Weiss.

picture from express.com