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Toms Shoes Marketing Case Study Essay

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Executive summary
TOMS Shoes(TM) was found in 2006, the founder Tom Mycoskie aimed that for every single pair of shoes the company sells, they give away one pair of free shoes to the child that needed(Armstrong and Kolter,2011). This concept is highly suited the current marketing environment, it built a strong market position by matched their customers view of self to their brand image. These strength has lead to the company's success in the shoe industry. However weakness of the company are, the company only uses the power of mouth, and refuses to advertising previously. On top of that,the fabric shoes they made is mainly focuses on the colleague students and teenagers(Schectman,2010). Opportunity for the company might be to expand …show more content…

So that their customers feel the shoes are representing their view of self, which is to help others, involved in charity program. By making a fabric shoes cost between $35-$45, TM think their marketing strategy is good enough to get the market grow(Newman,2007). They think it is quite enough to using the “word of mouth” to get the message to all possible consumers, so TM didn't spend money for advertising in the past(Griffin,2007). However, they should considered that youth market are extremely focused on new updated product because they've grown up in such environment with advertising all around(Tali,Shlomo and Sam,2007). Therefore it is a chance that they might be noticed the brand who did advertised more. Opportunities for the company to grow is to letting the world knows TM. There are poor children needs help in many of the Asia. Therefore if the company can opened in Asia market, it can create mass attention for this “one for one” business. Additionally, the labor and material might be cheaper in countries as China so that the can satisfied the customer’s need in a lower price(Friedman,2009). In conjunction, expanding the brand into a different market such as doing sport shoes in order to attract a different group of people with different life-style(Griffin,2007). The competition with other fabric shoes such as Vans and Converse will influences the future growth of TM. Both of these two brand has a strong market

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