
Our goal was to offer personalized recommendations to the Lids brand, improving upon their digital marketing strategy.
Competitor Analysis
Key Challenges
Category is saturated with competition, many of them offering the same products.
Retailers are selling the same brands as one another and covering the same leagues, which may lead to pricing wars
Some competitors are far larger (ex. Dick’s); they have more brand recognition and more varied offerings.
Lids is primarily known for selling hats despite offering other types of apparel
Digital Media Audit
Owned, Paid, Earned
Owned Media
Sample Email Campaign (Hubspot)
Results:
Avg. open-rate: 60.82%
Avg. click-rate: 3.17%
Clicks concentrated at the top emails
High CTR on text embedded links and large action buttons
Pictures did not drive clicks
Emails that did not include branding in the subject line had higher open rates
Recommendations:
Place more popular items near the beginning of the email to quickly drive readers to site
Embed links to relevant products into text
Utilize buttons in emails to drive specific actions
Make subject line about content, not brand
Paid Media
Keyword Research (Semrush)
Return on Investment: 294.28%
Total cost: $542.76/day
Proj. Revenue: $1,597.24/day
Recommendations:
Keywords indicative of purchase intent, action oriented
Niche, less competitive search terms with high conversion
Leverage loyal sports fandoms for possible repeat purchase
Early bids on trending terms
Earned Media
Social Listening (Brandwatch)
Recommendations:
Improve online customer support/engagement
Address negative reviews, emphasize positive ones
Highest presence score and share of voice, need to improve the balance between positive and negative mentions
AR Campaign
Posters will be placed in a 5 mile radius of MLB stadiums to encourage fans to engage and buy a team hat through this AR experience. It will focus on unifying fandom of sports with “you can go anywhere in the world and find someone in a Yankees cap”