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Bauer Plans Book Writing For Advertising
Tyler Smith
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Executive Summary
Company Analysis
Consumer Analysis
Market Analysis
Brand Analysis
Competitive Analysis
Target Market Profile
Marketing Objectives
Advertising Objectives
Marketing
Communications
Strategy
Advertising Strategy
Creative Strategy
Sales Promotion
Strategy
Public Relations
Strategy
Direct Marketing
Strategy
Campaign Evaluation
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Own the Moment. Simple and elegant phrasing for a sports company, but this
phrase is only thought of as a slogan and not a store. Bauer’s recently opened Own the
Moment stores have almost gone unheard of and unvisited. I am proposing Bauer launch
an advertising campaign to get the new Own the Moment stores off and running. In order
to generate revenue in the store Bauer should look to reach players between the ages of
13-25. By reaching consumers while they watch the NHL and advertising to them online
Bauer can get these stores really thriving. I recommend using the internet, the TV and
video games to reach the young target audience. The whole point of this campaign is to
draw more hockey players to Own the Moment stores and make sure that throughout the
hockey season the stores are busy.
Bauer Hockey Company outfits hockey players with everything they could need
on the ice. Bauer produces ice hockey and roller hockey gear for players of all ages.
Bauer sells its' products all over the world in 9,000 stores and 35 different countries.
Bauer is regarded as one of the best companies in the hockey world and is used by many
players in the NHL and leagues all over the world. Recently Bauer has opened the doors
of its' very own retail stores in hopes to cut out the middleman and bring Bauer products
directly to players. Bauer has strong ties to NHL athletes, which allows them the ability
to use familiar faces to advertise to consumers. The company has recently created new
Own the Moment retail stores that sell only Bauer gear this plans book is going to address
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how to attract consumers to go to the new stores. Bauer needs to get their consumers to
go to the new stores in order to generate profit and cut out other retailers. Bauer is the
first major producer of ice hockey equipment to open its’ own retail store and this creates
a great opportunity for them. Bauer needs to make customers not only aware of these new
stores but also make them compelled to go to them and purchase hockey equipment. Our
goal is to reach the target market through advertising on the Internet, during NHL games
and through the use of video games. Also, using social media we will inform the target
market of events going on at the store in order to interest the target market and draw them
in.
Bauer will always have a place in the hockey world and it doesn't appear hockey
is going anywhere anytime soon. Most hockey consumers turn to look at NHL players to
see what kinds of gear they should buy and sure enough Bauer is plastered all over the
boards of NHL rinks and the pros are wearing the gear too. Bauer produces it's products
to target all age groups including the young players who might just be learning how to
skate. Bauer’s target market is hockey players in between the ages of 13-25, the age of
most high school to college players. This market spends much time on the Internet
reviewing products and often just browsing around. Many young hockey players are
impressionable and rely on what they see the pros using and often turn to that company.
Since, many players wear Bauer gear the brand is doing well. Now, if Bauer can get
consumers interested to going to Bauer stores that will create a great opportunity for
them. Bauer is regarded as one of the best hockey manufacturers simply because they put
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out good quality products. Looking on such websites as Hockeymonkey.com and
PureHockey.com I found reviews of Bauer products are almost all positive with a few
negative ones thrown in. Consumers spend most of their time immersed in the world of
hockey whether that be playing the sport, watching the sport or even playing video games
about the sport. When this target market goes looking for a product to purchase they want
to make sure the product will last at two seasons and hopefully more. In order to reach
this target market advertisements should include pictures of NHLers using Bauer gear
and should also demonstrate how great Bauer products are and why they stand out among
competitors.
Bauer has recently made a huge step in improving their ability to get products to
consumers. Before now Bauer always used other retailers to sell their products since they
have never had their own retail store. But now Bauer Own the Moment stores are opening
across the U.S. and Canada. While products will still be sold through other retailers the
Bauer stores offer limited edition Bauer products and allow consumers to test products
before they buy them. Bauer is also improving their products by finding new ways to
mold and shape sticks. By using a single mold for a stick Bauer is able to eliminate
excess weight and create a lighter but also more durable product. One of the areas Bauer
could improve on is increasing awareness of their new retail stores, by having opening
contests and grand opening weekends and sales Bauer will be able to reach many
consumers and cut out other retailers by selling their products directly to consumers
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Bauer targets a large group of people. Primarily of course they target hockey
players but the ages of these hockey players range from about 4 to 50, they make gear for
children and they also produce products for adults who play in recreational leagues.
While Bauer does direct most of its ads towards high school and college aged players
they will also target younger audiences. Bauer products are sold in more than 9,000
stores and 35 different countries. At the end of the Fiscal Year on 2014 Bauer was the
leading brand in hockey finishing at 54% market share. Bauer has specific brand lines
that go along with a player’s style of play and can assist in making the player better. With
the new opening of the Own the Moment stores there is a huge opportunity for Bauer
since no competitors have retail stores of their own. Bauer’s best two markets are their
lines of sticks and skates, while their helmets also sell well. Bauer needs to get consumers
to purchase their pants and shin guards more often. By creating a store that only sells
Bauer gear consumers who are looking for sticks and skates they will likely not go to
another store for other equipment.
For a long time Bauer has been on top of the hockey world and the brand itself is
almost synonymous with hockey. Millions of players around the world use Bauer
products including those in the NHL. Bauer markets its' product to show that they will
improve the play of an individual who uses them. By offering products that are lighter
and more durable to players it will help them improve their game. While consumers love
Bauer products many don’t like the high price tag that comes with them. To quell this
Bauer has created lower tiered products that are cheaper and still have some aspects of
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the top tier equipment. Before the start of hockey season (around September) Bauer gear
begins to fly off the shelves and continues to sell throughout the hockey season. Bauer
has been dedicated to spending the time to get feedback from their customers and ask
them what kinds of products they would like. For example, last year Bauer introduced the
new line of Nexus products, which is designed for players who are more two-way than
those who simply want speed it offers new CURV technology that helps a player stop on
a dime and change directions. Bauer listens to its’ consumers when they speak and that is
an important aspect in customer service. With the opening of the Own the Moment stores
Bauer gains a leg up on the competition by having a one stop Bauer destination.
While Bauer is the leading brand in hockey it isn't the only company on the ice
companies like Warrior, CCM and Easton are all competing against Bauer. All of these
brands also offer top of the line gear and pending on a players preference are used on the
ice. Bauer’s prices are the same as competitors and if they do differ they don’t differ by
much. Bauer products do receive better reviews online than their competitors because
their products are more durable and often lighter than competitors, which gives players an
edge. Bauer has a huge opportunity with their new Own the Moment stores since no other
brand has a retail store they rely on distributors. Typically when a skater chooses a
hockey company they get all of their gear from the same one, most players are equipped
head to toe in one company which means that if a player prefers a Warrior helmet they
will likely be wearing all Warrior gear. With the advantages Bauer products have over
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competitors Bauer should be able to draw more players into Own the Moment stores and
increase sales.
One of the problems Bauer faces is that there are so many options for hockey gear. There
are so many companies that offer products similar to Bauer although they may not be the
same quality they might be a little cheaper. Another opportunity for Bauer is that they are
one of the first companies to offer gear for specific role players, speed skaters and
shooters often tend to go for the Vapor line of product while those who want to do
everything accurately and more precise choose the Nexus line of gear. Offering in store
trials of these different player-specific gears is an incentive to visit an Own the Moment
store. Another opportunity for Bauer is to use their NHL stars to help sell their products
by having them showcase events at Own the Moment stores this will generate crowds and
get people to the stores. Bauer’s biggest problem is also one of their biggest
opportunities. Their new Own the Moment stores are unique and under advertised. Many
players don’t even know they exist by creating buzz around the stores and creating
awareness Bauer will be able to generate more sales.
Bauer's target market is hockey players from age 13-26. The reason they target
this specific age group is at this age players tend to figure out how good they are and
which products they prefer. While most of these players are also becoming old enough to
work and purchase their own gear. Also, even if the parents are still buying the gear the
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player still has the most input into what gear they are going to use. This target market has
the want/need of hockey equipment that can be met at a Bauer Own the Moment store.
Throughout my research I have spoken to many hockey players and most of them
did not know that Bauer had their own retail store. In order to fix this problem Bauer
needs to create ads that make the target market aware of their stores. By gaining the
attention of the target market Bauer should increase their sales and increase the amount of
people that visit their new stores. Bauer needs to get the word out on their recently
opened retail stores. By getting more people into the Own The Moment stores Bauer can
generate sales.
In order to reach the target market with advertisements about the new stores
Bauer should air them during hockey games and place them on hockey related websites.
Most Internet users are between the ages of 13-26, which fills the target market for
Bauer. Another way to increase awareness of both the stick and the store would be to
incorporate EA's NHL16 video game. By placing advertisements that reward players for
watching them with virtual gifts such as "coins" in the games Hockey Ultimate Team.
These ads will generate interest in the product and will certainly reach the target market
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Bauer is attempting to reach its' target audience of hockey players between the
ages of 16-25 and get them interested into shopping at new Bauer Own The Moment
retail stores. The messages need to be delivered directly to players and on media
platforms that they use often such as TV, Internet and video games.
Bauer will be able to reach the target market using three mediums the Internet,
TV and video game consoles. The reasons for using TV and the Internet are simple
because the target market frequently uses them. I have included video game consoles
because the age of the target market is among the most active video game players and
they will often play games that relate to what they like such as hockey video games.
Dedicating most resources to the TV is important due to the fact that many hockey
players are also hockey fans and will tune in to watch games on TV, also while browsing
the internet advertising on hockey related websites will also hit the target market. All of
these platforms should be used to make sure the maximum target market is reached.
The target audience has remained the same throughout the campaign of 16-25
year old hockey players. This target audience is active on the Internet and also active
nightly watching NHL games often. Also, the target audience can be reached through
video games.
The most emphasis for the ads will be placed on television since most players are
also hockey fans and will be watching NHL games. Then online ads on hockey related
websites and lastly on video games. The television ads will be aired during NHL games
on sporting networks and the online ads will run all day on certain websites.
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Bauer needs to make consumers aware that new Own the Moment stores are open
and ready for business. In order to do this and reach the target market Bauer will
advertise through TV, the Internet and video games. By making the target market more
aware of these new stores Bauer should get new customers.
Consumer Promotions: Upon new product releases in store contests should be
created. Coupons and in store demonstrations of new products. Also include Twitter
contests. Create certain locations where NHL stars that use Bauer would be able to come
and sign Bauer items in store and include a special gift with certain purchases on that
day.
These promotions will be offered mostly during the NHL season and depending
on new product release new contests will be created. About 30% of Bauer's budget will
be allotted to Sales Promotions.
Bauer will continue to showcase their products and the overall quality and
commitment Bauer possesses in their products. By Showcasing the strong personal
communications that can be made with Bauer associates at Own the Moment stores
people will be more likely to visit them.
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Encourage the use of Bauer gear and show the quality customer service that Bauer
offers. Use instructional videos to demonstrate and showcase new products and help find
what products are right for specific customers. Use local mediums to show how the Bauer
brand gives back to its' neighboring communities.
In order to do these things Bauer should allocate around 40% of its' budget to
Public Relations. In order to keep customers satisfied and aware of what Bauer is up to
this will take a large part of the budget. Customer service will be kept up year round,
which also explains the large use of budget.
Bauer needs to convince customers that going to Bauer Own the Moment stores is
worth their time rather than going to regular hockey retailers. Those who are loyal to
Bauer should be convinced to go to the new stores and Bauer should also attract new
customers.
Bauer should use print ads set up in the front of ice rinks across the nation, these
should be filled with the closest Own the Moment store and also include sales and
exclusive deals. Using direct mail to get feedback on campaigns can be beneficial.
Internet surveys of recent Bauer product purchasers and those who visited Own the
Moment stores and those who did not and see how you can make the purchasing
experience better at an Own the Moment store. The use of telemarketing to indicate new
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store openings to Bauer product purchasers will also be used and telemarketing can also
be used to communicate sales and events.
Bauer should allocate 30% of its' budget towards Direct Marketing and evaluate
how successful it was at the end of the year. These strategies will be implemented for a
full year and based on their effectiveness will be kept in the lineup the following year.
In order to find out if this campaign was successful in raising awareness of the new Bauer
Own the Moment stores Bauer will need to find quantitative results. In order to find out
Bauer's reach posttests will be done. Bauer will also be using surveys to make sure their
target market was reached and adjust ads to make them more suitable to the target market
if need be. Using these surveys Bauer will inquire whether or not the ads were
informative and if they made consumers visit the new stores.
The overall goal of this campaign is to use advertisements to draw customers
from the target market into Bauer Own the Moment stores. By generating awareness of
the new stores Bauer should see and increase in not only visits to the store but also sales.
By offering Bauer product directly from the manufacturer Bauer will be able to sell their
own products cheaper and increase their direct profits.