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DIRECT MARKETING 3507BY: JAMIE LUIG, VICTORIA MCGOWAN, ELIJAH MILLS, AND ANITA NEAS
APRIL 15, 2016
Part OneIntroduction
SegmentationResearch
Value PropositionObjectives for Direct Marketing
Part TwoCustomer Journey Mapping
Creative Strategy - 3 creative offers with value propositionIdentifies channels used to display offers
Communication Channels and TouchpointsMedia Mix
Part ThreeSearch Engine Optimization
Budget & MeasurementsBreakeven Analysis
Thank You/Questions
AGENDA
Introduction
The project is to increase Bennett Compost’s brand awareness in and around Philadelphia while increasing its customer base from 1400 to 2000.Our team focused on the demographic of the Main Line when we were building a customer persona. Our offers will work well to attract green consumers in other areas in and around Philadelphia that fall within these demographics.
Market Segmentation Findings
Demographic
Adults 25-54 HHI: $89,990 - $174,511 Graduated College Plus Post Graduate Men and Women
Behavior• Bennett Compost
acquires its customers from either farmers markets or word of mouth
Spring and Summer
Psychographics Young Digerati Wealthy – Deposable Income Tech-Savvy Fitness & Travel Shopping at Bloomingdale’s Watches the Independent Film Channel Websites
• WSJ.com (wall street journal)• Hulu.com• Fandango.com
Drives an Audi A3 Likes to Read
• Yoga Magazine• United Hemispheres• Kiplinger’s Personal Finance• The New Yorker• Mother Earth News
Benefit• Super green consumers
will seek Bennett Compost’s services in order to live out their values
• Clients who live in apartments, condos, or townhouses would benefit from this service because space is limited to compost their food scraps
• Young urban professionals will benefit from this service because they don’t have the time to compost their food
Sources for Research Super Green Consumers
Articles & Primary ResearchArticles• Marketing to the Green Consumer –US- April
2012• Marketing to the Green Consumer-US-March
2014• Trends in Organic Lawn and Garden
Products
Primary Interviews
1. On sight interview at Whole Foods in Jenkintown, Pa.
Women in 40’s with school age children said she would need more than 10 gallons of compost to pay for recycling.
2. Man in 40’s gave interview in Warminster, Pa.
He said he would need more than 10 gallons of compost to sign up for services.
Can purchase a dump truck load of dirt for the amount he is paying for composting a year.
3. Brandon, 29- phone interview He’s very interested in composting, but doesn’t have the space. Also, he would consider paying a composting service to do the task because it’s the responsible thing to do for the environment.
DatabasesMRI+(Mediamark Research & Intelligence)Mintel.comNielsen PRIZM
Additional Primary ResearchKyle, 25, “… [I] want a lower price point, and locally based buisness that not only creates eco-friendly jobs, but also stimulates the local economy.”Hayley, 28, “…Looking for a way to actively contribute to green initiatives in the Philadelphia area but dont have the time to commit to volunteer work.” Paul, 34, “I really enjoy gardening but feel unsure about using Miracle-Gro products due to the long list of non-organic chemicals”
Value Proposition for Green Consumers
The average person throws away 1600 pounds of organic food waste each year. Our organic waste recycling service reduces that by half.The compost that is generated from our service is turned into valuable, rich compost that improves many growing conditions for gardens while improving the environment by reducing green house gasses.
Objectives for Direct Marketing
• Bennett Compost’s objective is to increase its customers from 1400 to 2000
• Our team objective is to direct market to super green consumers within Bennett Compost’s targeted market
The Campaign will accomplish acquisition of new customers, further reach of brand awareness, and an increase of potential customer contact information through:• Continuity advertising using
email and google analytics• Placing ads in the Grid or
request a story on Bennett Compost
• Informative ads placed on housing community websites within target market
• Creation of a YouTube Channel
Awareness
Consideration
Conversion
Loyalty
AdvocacyPersona
Behaviors
Thoughts &
Emotions
Touchpoint / Communication
Channel
Message
Research & find service
make inquiry Sign up for
service
Start telling friends,
family and neighbors
Buy service as gifts
Continues to
recommend service
ACTIONS
We Manufacture Dirt with Your Produce.The average person throws away 1600 pounds of dirt a year. Composting reduces
that by half.
Customer Journey Mapping Exercise
Customer is interested in
recycling organic waste
Worried about
preserving the
environment
Goes online to research Bennett
composting because of ads, which builds
brand awareness
Will recycling
food scrapes be
expensive?
Goes to Bennett Compost’s Website or
YouTube Channel to get
further information
Wondering if composting
services exist
Calls Bennet Compost to get more
information and face to
face meeting
Did I get my questions answered
from employees?
Will recycling my food scrapes
be achievable
for me?
Signup for services
Researches how to recycle, or sees
a Bennett compost ad
through website, email, or
magazine and peaks interestRealizes
does not have the time or space I’m helping
in saving the environment
!
Loves the service and
wants others to
use it
Recommends services
and gifts the service to
friends and family
I’m so happy I did this!
Google Search & Research
Access Bennett Compost Website
/YouTube, or see adsCalls Bennett
CompostFace to face
meetingSigns up for service/
Weekly Pick-ups of food scrapes
Emails monthly bill
Weekly ServiceOffers will help convert people
who are just kicking the tire to actual customers
Further Increases brand awareness
& customers
1st Offer: Solicit Current Customers to Gift the Service to Green Friendsand Family (existing customers)
Continuity offers to be sent to current customers through email Consideration and Conversion
Send offers on: Earth Day April 22Global Warming Day JuneNational Wildlife Day September American Recycling Day NovemberChristmas, Hanukkah, Mother or Father’s Day, Valentines Day, Etc.
2nd Offer: Whole Foods:The Grid Magazine (Prospects)Place Ad or Request Story (free source)on Bennett Compost
Awareness through Conversion
3rd Offer: Place Ads on Housing Community Websites with Association Fees Within Targeted Market (Prospects)
Awareness through Conversion
Communication Channels and touch points on a customer journey to get the customer to take
action
1) Research – Bennett Compost appears first when someone Googles Recycling in Philadelphia
2) Website, ad in the Grid, or on housing community website
3) Potential customer calls Bennett Compost
4) Face to Face meeting with owner or employee
5) Signs up for service6) Weekly pick-up of organic
matter7) Email monthly bill8) YouTube Channel9) Gift service to friends and
family (touchpoints start again)
Media MixMedia Budget Goals Projected
ResultsPrint Media• The Grid Magazine(prospects)
Quarter page• Three month contract-
$440/ad
• Increase brand awareness about the company
• Further investigate about company’s services
• Sign up for service
Impressions: 10000(14% of total readers) • 30,000 printed editions at
460 location in PA readers• 2.3 pass rate for a total of
70,000 reader per month• Conversions: 90(.3% rate)
High-tech• Email (existing)
• Community Websites (prospect)
• Piktochart (free version)
• $50 per year per siteAverage of 100 units per development50 sites
• Contact and connect with current customers to acquire new customers through incentives
• Increase brand awareness, have leads contact the company, and sign up for services.
Impressions:1400 existing customers• Conversions: 14 (1%
rate)
Impressions: 5000• Conversion: 50 (1%
rate)
Search Engine OptimizationEncompasses the actions taken to ensure your website can be found in a search engine's results page (SERP) when
searching for words or phrases relevant to the content on your website.
SEO to enhance brand awareness of service and products, sell service, generate leads, and traffic to website Edit content on website
Edit content and keywords Blogging
AdWords- Google uses the following metrics Cost per click Quality score Click-through rate
Budget and Measurements- $7,540 Print Media - Total $1,320
$ 440 per month for three months
High-tech Media- $2,500 Email- free Community websites
$50 per year per site (50 sites)
$50*50 sites= $2500
Incentives/Give-a-ways –Total $3,720 Email- Total $420
1 month free for giftee and gifter 15(2)*14= $420
The Grid- Total $1,800 Free one month trial
$15 * 30 customers* 3 months= $1350
$15 discount for a full yearly payment of $165
$15*30= 450 Housing Communities- Total $1500
Free One Month trial $15 * 50 = $750
$15 discount for a full yearly payment of $165
$15 *50= $750
Break-even Analysis
Price $15
COGS $2
Unit margin $13
Breakeven $7540/13= 580 customers 3.76 years
Thank You!Questions?