Musings of a Marketing Maven

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Non-scientific Indicators of Consumer Confidence

March 15th, 2010

Last Fri­day after­noon I was in a Seat­tle area Lul­ule­mon store check­ing out some spring-season tank tops, and was pleas­antly shocked at how crowded the store was. It was hard to maneu­ver around all the shop­pers, and at times, you had to wait for peo­ple to move away before you could check out mer­chan­dise hang­ing on the rack or stored in size-specific bins.

Yoga, a source of eco­nomic stimulus?

Sadly for shop­pers (but not the store), all 4 of the dress­ing rooms were in con­stant use, result­ing in at least a 15-minute wait to try on apparel for size and fit. As a tes­ta­ment to Lul­ule­mon brand loy­alty, almost every­one waited patiently in line for a dress­ing room rather than go else­where. (There is at least one other yoga apparel store at this loca­tion, so peo­ple have other options within a 5-minute walk.)

Most of the bins for pants and crops in my size were empty, and the same was true for tops and tanks. I over­head one sales per­son tell a shop­per that they replen­ish their mer­chan­dise on a weekly basis. 

Another pos­i­tive sign, the cashiers’ lines were busy; lots of peo­ple were buy­ing. Clearly this store doesn’t suf­fer from shop­pers mut­ter­ing, “Sorry, just look­ing…” And as every­one knows, yoga wear with Lululemon’s brand is def­i­nitely not inexpensive.

As another indi­ca­tor of con­sumer con­fi­dence and this brand’s appeal, the shop was loaded with men and women across a sur­pris­ingly broad range of ages and body types. Yes, the store was packed with teenage girls check­ing out the lat­est hood­ies, but also with boomer women try­ing on yoga crops or tops, guys look­ing at run­ning gear, and men buy­ing gifts for wives and daughters.

There was a lovely buzz in the store. It made me hope­ful that this region is start­ing to rebound from its long slump.

On the other hand, one of my more cyn­i­cal friends said that peo­ple aren’t shop­ping gen­er­ally; they just find it eas­ier to ratio­nal­ize invest­ments in “well­ness lifestyle” aids. And if that’s the case Lul­ule­mon is cer­tainly ben­e­fit­ing, at least here in the Seat­tle area.

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