Final Presentation: IMC Plan Overview Outline Background - - PowerPoint PPT Presentation
Final Presentation: IMC Plan Overview Outline Background - - PowerPoint PPT Presentation
Marketing 420: Final IMC Plan Final Presentation: IMC Plan Overview Outline Background Information Media Plan Measurement Budget Background Beauty Subscription Service Target Market Competition SWOT
Outline
- Background Information
- Media Plan
- Measurement
- Budget
Background
- Beauty Subscription Service
- Target Market
- Competition
SWOT
Summary of Media Brief
Media Plan: BeYOUtiful
Build-A-Box Beauty Con Nominate A Bride Television Spot and Transit Get- A- Box, Give- A- Box
MAY FEB SEPT JULY S E P T
- April-May 2018
- February-April 2018
- May-August 2018
- September-
November 2018
- September-
December 2018
Media Flow Chart
Media Reach and Frequency
- Beauty Con
○
- approx. 6,000 people*= 40% estimated audience of 15,000 people
○ YouTube Vloggers, Social Media, and Website Promotion
- Build- A- Box, Nominate A Bride, and Get- A- Box, Give- A- Box
○
- approx. 250,000 people**= 40% estimated from total customer base or
reachable current audience ○ Build- A- Box: Guerilla Marketing, with following social media and website promotion ○ Nominate A Bride and Get/ Give- A- Box: Social media, website promotion, special video story
- TV Spots
○
- approx. 2.52 M people= Project Runway’s average audience per episode
○ Average GRP= .78 (Nielsen rating) x 10 (frequency of 10 pulses)= 7.8 ○ Cost per- thousand= 252,000,000 viewers/ 1,000= 252,000/ $25,000***= $10.08 per 1,000 impressions ○ Cost per-point= 25,000/ 7.8 = approx. $3,205 per point
- Transit Ads
○
- approx. 2,000- 8,000 impressions**** in one day for 2-Sheet Ad
○
- approx. 2,000- 6,000 impressions in one day for Horizontal Ad
○ WOM and Outside Advertising
Beauty Con
*number estimated from Beauty Con attendance trends **number estimated from Birchbox social media accounts and total estimated Birchbox subscriptions ***cost per ad pulse on Lifetime’s Project Runway, number estimated from Adage.com ****numbers estimated from bluelinemedia.com
Support Media
Transit advertising
- Major subway stations
○ Inside cars ○ Station and platform posters
- Advantages
○ Exposure ○ Cost ○ Segmentation
- Disadvantages
○ Always moving ○ Fleeting
Guerrilla marketing
- Build-A-Box Pop-Up Shop
○ Generate buzz marketing ○ Viral influences ○ Not announced - surprise ○ Free media coverage
Internet/Interactive
- Platforms
○ Facebook ○ Twitter ○ Instagram ○ YouTube ○ Snapchat
- Advantages
○ Traffic ○ Exposure ○ Discuss, feed-back, communicate/connect
- Disadvantages
○ Clutter ○ No privacy ○ Potential deception ○ Discouraging
- Goals
○ Increase awareness ○ Influence desire/loyalty ○ Encourage trial ○ Facilitate purchase
Sales Promotion
- Consumer-Oriented Promotions
○ Samples, Loyalty Programs and Event Marketing ○ Offer various coupons and opportunities to gain new customer base while retaining the current
- Trade-Oriented Promotions
○ Contests and dealer incentives (partnerships with other cosmetic brands) ○ Cooperative Advertising ■ Vertical Cooperative Advertising- BuzzFeed, YouTube
- Plan to further our Sales Promotions
○ Create more opportunities to build relationships with potential customers
Press Release from Birchbox
Social Media Marketing Campaign featuring Real Customers
Public Relations
- Emphasis on our corporate social
responsibility initiatives
○ Get-A-Box Give-A-Box, Nominate a Bride, Cancer walks, etc.
- How we plan to implement our PR
○ Community involvement and social networks and blogs
- BeYOUtiful Campaign
○ Not selling our product, but an idea similar to the Dove For Real Beauty Campaign ■ Corporate Advertising: Image Advertising and Advocacy Marketing ■ Cause-related marketing- Breast Cancer Foundation and supporting
- ur veterans
■ Event sponsorships- BeautyCon, Project Runway; Image Advertising
Measuring & Evaluating
TV & Transit Ads
- When?
○ Pretest ■ Focus Groups ■ Consumer Juries ■ Portfolio Tests ○ Posttest ■ Recognition Tests ■ Recall Tests
- Where?
○ Lab Tests
Measuring & Evaluating
Beauty-Con Booth Tests
- What are we testing?
○ Eye Tracking Tests ■ Possible website designs ■ Possible product designs
- Why?
○ Help us design websites/products better so they catch customers’ eyes
Get-A-Box, Give-A-Box & Nominate-A-Bride
- What are we testing?
○ Before and after number of new subscribers
Measuring & Evaluating
Build-A-Box Pop-Up Store Testing
- When?
○ Pretests ■ Eye Tracking technology worn in artificial stores
- Where
○ Lab Tests
- Why?
○ Help us find optimal design for pop-up stores
Budget Description
Beautycon
Media Sponsorships Bloggers (15) Free VIP pass (15x$500) = $7500 Free 1 year sub. (15x$120) = $1800 Totes $8 x 17K to 17.5K people = $140K Large Booth $5000
Beautycon Total: $155,000
Budget Description
Nominate a Bride
Bride Makeover: $300 Bridesmaids (7) Makeover: 7 x $150 = $1050 Honeymoon: $6000
Nominate a Bride Total: $8,000
Budget Description
Get-a-Box, Give-a-Box
20/30 sec. TV spot: $100k ~1 mill. viewers Buzz Marketing BB website Social media Box Costs $10/box bought Estimated 15k boxes to donate 15k x $10 = $150,000
Give-a-Box, Give-a-Box Total: $250,000
Budget Description
TV & Transit Ads
Television Pulse $480,000 Transit Subway Terminal/Subway Car Ads $101,000
TV & Transit Ad Total: $581,000
Budget Description
Build-A-Box Pop-Up Store
30 Locations 1st 250 people Box Cost: $30 30 x 250 X $30 = $225,000
Build-A-Box Pop-Up Store Total: $225,000
Budget Summary
Total projected budget:
Beautycon (May): $155,000 Nominate a Bride (July): $8,000 Get-A-Box Give-A-Box (Oct-Dec) : $250,000 TV/Transit Ads (Sept-Nov) & All Other Media : $598,400 Build-A-Box (March-April): $225,000
BeYOUtiful Campaign Budget: $1,236,400
Conclusion
- Current situation
- Emphasis on individuality
- BeYOUtiful campaign
- Budget