Tag: Warby Parker case study | Sage Executive Group (2024)

How Tapping Into Your Brand’s Personality Can Encourage Engagement

Tag: Warby Parker case study | Sage Executive Group (1)

By Tenaya Wickstrand,Zenzi Communications
As CEO of your company, have you ever thought about how you would describe the personality of your brand?
This may seem like a simple question, but it is also one with which we see many brands struggle at Zenzi Communications. And one that I got to thinking about more personally after buying a pair of glasses.
Why do consumers gravitate toward particular brands over others, beyond the basics of product, price, place and promotion? Why does Southwest Airlines have more than 3.5 million likes on Facebook, while many competitors are only in the tens or hundreds of thousands at best?Why would some people prefer to meet at a Starbucks over other coffee shops and swear by their “grande” latte each morning? Could it be that some brands are more tapped into their own unique personalities and consistently better at presenting their images—from their products and services to theirannouncementsandinteractions on social channels?
What makes a brand’s personality stand out is encompassed by a single word; its personality must be “authentic.”To be successful, a brand’s unique persona must be conveyed in a sincere, honest and consistent way and interwoven into each aspect of the way the company does business.
Having a strategy behind your brand’s persona can help to make or break customer loyalty and the success of your business. We’ve all seen social media posts from major brands pointing to funny videos or current events, but if there isn’t a strategy behind what the brand really is about, these efforts fall short in creating a complete, lasting impression.
One brand that gets this and knocks it out of the park is Warby Parker. This New York-based company is changing the eyewear industry through its “rebellious spirit and lofty objective: to create boutique-quality, classically crafted eyewear at a revolutionary price point.”
Why do I, and several of Warby’s 138,000 fans, actively follow and engage with them on social media? It is the uniqueness and overall persona portrayed as if Warby Parker is a single person rather than an emotionless company. Warby Parker expresses a personality that is based on excitement, something I’m drawn to along with thousands of others. Through social mediaandmarketing campaigns, Warby Parker conveys a team and brand that is carefree, spirited and youthful. For example, they share outrageous pictures of team costume days, which exemplifies their lighthearted nature and makes the brand appear more human.
As mentioned earlier, consistency is another key component to being successful when it comes to brand persona. One-off social posts won’t create lasting relationships. Consumers want to feel connected to your brand just as they feel connected to their friends.Consistency allows you to stay engaged and keep them curious about what you are up to, where you’ve been, and what’s new in your world, just like they would any other friend on social media.
There were many business-related aspects of Warby Parker that immediately got me hooked such as price, unique offerings and great customer service, but it’s been the personality that keeps me engaged and checking back even after my initial purchase. Even their job postings page illustrates their personality. I’ll admit that I became a big fan when I saw that last Halloween they decorated their conference room after a “kill room” from the Showtime show Dexter, one of my favorites. This is just one example of how visibly showing your personality can resonate with your audience and connect them in a way that just pushing out new products never will. Also, did I mention their Buy a Pair, Give a Pair program that gives a pair of glasses to someone in need with each purchase of a pair? This gives them extra kudos!
As an executive of your company, are you carefully considering what your brand represents and how each of your actions as a company is either supporting or breaking that persona? Your customers are.Tapping into “who you are” and developing a strategy around brand persona can help to further the goals of your business. That strategy should then extend into all aspects of your business, from product offerings, pricing, promotion, and media relations to social media, content development and other online channels.

Tag: Warby Parker case study | Sage Executive Group (2024)

FAQs

Is Warby Parker in financial trouble? ›

Warby Parker's revenue for 2023 rose 12 percent year over year to $670 million, beating estimates, as the eyewear maker's store expansion continues to be a growth driver. The brand increased store count to 237 during the year, up from 200 at the end of 2022.

What is the DTC strategy of Warby Parker? ›

Context: Warby Parker's direct-to-consumer (DTC) model is a key aspect of its business model. By cutting out middlemen like wholesalers and distributors, the company delivers its products straight to you, ensuring unbeatable prices and an exceptional customer journey.

Which marketing method did Warby Parker use? ›

Social media marketing: Warby Parker uses social media platforms like Instagram and Facebook to showcase their products, share customer reviews, and promote their brand values. They also partner with influencers to reach new audiences and collaborate on new product launches.

What radical idea did the founders of Warby Parker have? ›

Warby Parker was started to create an alternative. By circumventing traditional channels, designing glasses in-house, and engaging with customers directly, we're able to provide higher-quality, better-looking prescription eyewear at a fraction of the going price. We believe that buying glasses should be easy and fun.

What are the allegations against Warby Parker? ›

The company offered online vision tests, which the Attorney General's Office alleged violated Kentucky's Consumer Protection in Eye Care Act. From July to October 2021, the Attorney General's Office alleges that 69 Kentuckians were improperly given Warby Parker's online vision test.

Is Warby Parker made in China? ›

Warby Parker designs its product in-house, and sells directly to consumers through its website and stores. The company orders its own materials, such as acetate, from Italy and then manufactures frames at the same Chinese factories as competitors such as Luxottica.

How ethical is Warby Parker? ›

Our primary safeguard against human trafficking is simple: We work only with manufacturing partners who share our commitment to ethical labor practices. Compliance with our Vendor Code of Conduct is a non-negotiable precondition to start and maintain any direct business relationship with us.

Who is Warby Parker's biggest competitor? ›

  • The top Warby Parker competitors are.
  • Zenni Optical.
  • EyeBuyDirect.
  • GlassesUSA.
  • Coastal.
  • Luxottica Group.
  • EssilorLuxottica.
  • LensCrafters.
Jan 23, 2024

Who is Warby Parker owned by? ›

Dave Gilboa and Neil Blumenthal co-founded online eyewear company Warby Parker with two classmates in 2010, a business that is now worth a reported $1.75 billion.

What problem does Warby Parker solve? ›

The founders started their company to solve a real problem: eyeglasses were overpriced while there was nothing in the production to justified this. So they decided to sell glasses online – they were one of the first to do that (though not the first) – and cut out the middle man in order to bring the prices way down.

What gender is Warby Parker? ›

Previously, customers could search for frames under the tags of men or women. However, after the hackathon, Warby Parker added additional gender options to consider the full spectrum of identity.

What is the future of Warby Parker? ›

After making its stock market debut in September 2021, Warby Parker is on a mission to grow its U.S. brick-and-mortar footprint, with plans to add approximately 700 more stores in the coming years. There are currently 213 Warby Parker retail stores in the U.S.

What is the financial outlook for Warby Parker? ›

For the full year 2024, Warby Parker is raising its guidance as follows: Net revenue of $753 to $761 million, representing growth of approximately 12.5% to 13.5% versus full year 2023. Adjusted EBITDA(1) of $70.0 million at the midpoint of our revenue range, which equates to an adjusted EBITDA margin(1) of 9.2%.

Did Warby Parker lose money? ›

Warby Parker reported a net loss of $2.679 million, or $0.02 a share, for the quarter ended March 31, compared to a loss of $10.8 million, or $0.09 a share, in the year-ago period.

Is Warby Parker profitable yet? ›

Warby Parker's revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector struggle to grow sales. The eyewear seller expects full year sales to climb as much as 13 percent to $761 million in 2024.

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