It’s not exactly a well-kept secret: innovative marketing and business strategies—coupled with captivating brand narratives—can drive enormous success.
It’s also not exactly easy to pull off. Definitely easier said than done…
So, when a brand like Stanley® comes along and absolutely nails it, it’s important to learn everything we can from their success.
A modest brand with a rich history, Stanley has succeeded in accomplishing what most brands only dream of: they’ve repositioned themselves and stepped boldly into a new market position, becoming one of the bestselling tumbler brands on the market—and giving their competitors a real run for their money.
Below, we outline Stanley’s strategy and translate their successes into small-business-sized insights that you can implement in your own marketing efforts.
The Stanley Legacy
Established in 1913, the Stanley brand name has been synonymous with durable, high-quality thermoses and drinkware for over a century. Cherished by blue-collar workers and outdoor enthusiasts, Stanley was (and still is) well-established and much-loved in its niche.
However, Stanley tumblers were being largely overlooked by consumers outside their niche markets. Facing steep competition in an increasingly convoluted market, Stanley was losing out to brands like Yeti, Hydro Flask, and RTIC—despite offering an arguably higher quality product. Recognizing the need to evolve, Stanley embarked on a journey to reposition their brand, and capture the market share they deserved.
How They Did It