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‘The Sauce’ newsletter is your weekly dollop of marketing news.
This week we are bringing you price hikes from Dr. Martens, TUI’s magical elves, Gillette targeting gamers and a 10-foot candle from Bath & Body Works…
Read on for the full stories from the past week…
Dr. Martens raises prices, but the iconic brand flexes through with sole power!
Dr. Martens, the iconic boot brand, is strutting through price hikes – even in the current market, seen via a recent interview with MarketingWeek. Despite raising prices twice this year, the brand’s core markets in the UK and EMEA are thriving, all thanks to the rock-solid strength of its iconic products. The U.S. might need a little TLC, but Dr. Martens is unleashing its secret weapon, a global chief brand officer, to set the stage for the next phase of growth.
Dr. Martens is raising the bar in 2024! Battling the ‘increasingly difficult consumer environment’ in the U.S., the brand’s European marketing charm is coming to the rescue. With a global ‘Made Strong’ campaign and a pledge to increase marketing spend, Dr. Martens is turning heads and stepping up its DTC game.
Sapna Bagha, Social Media Lead at Awesomesauce Marketing, said, “Dr. Martens’ commitment to increasing marketing spend is a proactive move to stay relevant and visible.”
Even established brands must consistently invest in marketing to stay top-of-mind and drive growth.