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Knit Picks

Knit Picks is an online retailer specializing in knitting and crocheting supplies. They offer a wide variety of yarns, patterns, needles, hooks, and other accessories, focusing on providing high-quality products at affordable prices. They also strive to create a supportive community for crafters through resources like their blog, podcast, and social media channels.

Company : Knit Picks

Industry : Arts & CraftsE-commerceKnitting & Crochet Supplies

Major Markets

United States flagUnited States
Canada flagCanada
United Kingdom flagUnited Kingdom

Key Competitors

Lion Brand Yarn
We Crochet
LoveCrafts

Knit Picks Key Value propositions

High-Quality Yarn
Affordable Prices
Wide Selection
Community Support

Knit Picks SWOT Analysis

Strengths

Strong online presenceLoyal customer baseFocus on quality and affordability

Weaknesses

Limited physical presenceReliant on online salesCompetition from established brands

Opportunities

Expand product linesCollaborate with influencersTarget international markets

Threats

Economic downturn impacting discretionary spendingRising shipping costsIncreased competition from other online retailers

Top Marketing Strategies for Knit Picks

Personalized User Onboarding

A personalized onboarding experience guides new knitters through the basics of crafting and helps them discover relevant products and resources. This will increase engagement and retention among new customers, leading to longer-term customer relationships and increased sales.

Content-Specific Call-to-Action Optimization

By crafting tailored calls-to-action that align with the specific content users are consuming, Knit Picks can drive them towards relevant product pages and increase conversions. This strategy encourages targeted engagement, leading to more efficient and effective purchases.

User-generated Content Showcase

Showcasing user-generated content like knitting projects and tutorials can inspire customers and build a stronger sense of community. This will build brand trust and authenticity, encouraging more customers to share their own creations and contribute to the Knit Picks community.

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Knit Picks User Persona

Knit Picks Geographic and Demographic Insights

Geographic Insights: Knit Picks' largest market is the US, followed by Canada and the UK. The company also has a presence in Australia and Germany.

Top Countries

  • United States flag

    United States

    60%

  • Canada flag

    Canada

    15%

  • United Kingdom flag

    United Kingdom

    10%

  • Australia flag

    Australia

    7.5%

  • Germany flag

    Germany

    7.5%

Demographic Insights: Knit Picks primarily targets women aged 25-34, reflecting the demographics of knitting enthusiasts. However, they also attract a significant user base in the 35-44 age group.

Age Distribution

Gender Distribution

Knit Picks Socio-economic Profile

Household and Income Insights: Knit Picks attracts users across various household sizes, with a higher concentration in 2-person and 3-4 person households. The income levels are distributed across low, medium, and high, with a slight skew towards medium-income earners.

Educational and Employment Insights: Knit Picks' target audience is largely employed full-time or part-time and have a university or college degree, highlighting a base with disposable income and an interest in creative pursuits.

Households Size

Income Distribution

Education Level

Employment Status

Knit Picks Behavioral Insights

Interest-Based Insights: Knit Picks' target audience are interested in DIY projects, home décor, fashion, and other creative pursuits. They enjoy hands-on activities and seek personal expression through crafting.

Technology and Social Media Usage: Knit Picks users favor Instagram, YouTube, and Facebook for social media. They primarily use desktop and are split evenly between Android and iOS for mobile.

Interests

DIY ProjectsHome DecorFashionUpcyclingArtPhotographyCooking

Device Breakdown

Social Media Usage

Knit Picks Top Competitors

Competitor
Estimated market share
Top domains
Lion Brand Yarn35%Yarn, Knitting Patterns, Crocheting Supplies
We Crochet25%Crocheting Supplies, Yarn, Crocheting Patterns
LoveCrafts15%Knitting & Crochet Supplies, Arts & Crafts Supplies, Various Crafts

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