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GARMIN VIVOFIT DIGITAL MEDIA AUDIT February 26, 2014

Vivofit_Digital Marketing MBA Project

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Page 1: Vivofit_Digital Marketing MBA Project

GARMIN VIVOFIT

DIGITAL MEDIA AUDIT

February 26, 2014

Page 2: Vivofit_Digital Marketing MBA Project

PRESENTATION AGENDA

1. Brand & Market Overview

2. Social Metrics

3. Key Digital Technologies

4. Web Traffic Analysis

5. Search Trend Analysis

6. Social Analytics Snapshot

Page 3: Vivofit_Digital Marketing MBA Project

BRAND & MARKET OVERVIEW1

Page 4: Vivofit_Digital Marketing MBA Project

PRODUCT & OBJECTIVEGarmin Vivofit

• A personal fitness assistant

• A high tech device– 50m water resistance

– 1 year battery life

– Always-on screen

Objective

• Develop a marketing strategy for the launching of Vivofit to create awareness, generate excitement and differentiate the product from the competition

Page 5: Vivofit_Digital Marketing MBA Project

COMPETITORS & CUSTOMERSCompetitors Target Segments

Jawbone Up24

Fitbit Force

Nike FuelBand

Polar Loop

Stay-at-home moms(Sandy)

Young busy professional (David)

Prime Time Seniors (Bob & Elaine)

Page 6: Vivofit_Digital Marketing MBA Project

SOCIAL METRICS2

Page 7: Vivofit_Digital Marketing MBA Project

KEY SOCIAL METRICSAwareness

• # Fans, Followers, Likes

• # Tweets

• Search Volume

Engagement

• # Blog Posts about Vivofit

• # Social Posts & Comments

• Product Reviews

Word-of-Mouth

• Buzz monitoring (to track sentiment)

• Social Mention Volume (# Retweets & Shares)

• Endorsements from other users (i.e. Freq of appearance on friends’ timelines)

Page 8: Vivofit_Digital Marketing MBA Project

DIGITALTECHNOLOGIES3

Page 9: Vivofit_Digital Marketing MBA Project

DIGITAL/SOCIAL TECH INVENTORYTechnology Bran

dFan

Apps

Blogs

Facebook

Forums

Foursquare

Google+

Linked In -

News Sites

Technology Brand

Fan

Photo Sharing

Pinterest

Product Review

Reddit

Twitter

Website -

Wikis

YouTube

Page 10: Vivofit_Digital Marketing MBA Project

THREE KEY DIGITAL TECHNOLOGIES

• Showcase product capabilities & in-depth content

Vivofit Website

• Explain how to use the product & expand web presence

YouTube

• Build an interactive community

Facebook

Page 11: Vivofit_Digital Marketing MBA Project

WEB TRAFFICANALYSIS4

Page 12: Vivofit_Digital Marketing MBA Project

COMPETITIVE WEB ANALYSIS

Fitbit Jawbone

Polar Loop

Estimated Visits

10.3M 3.4M 180K

Avg. Time on Site

00:05:50

00:05:06

00:02:50

Page Views 6.19 6.03 4.31

Bounce Rate 30.01% 32.56% 20.45%

SimilarWeb Analytics• Unable to compare

directly with Vivofit web domain

• Visits vary depending on market entry

• People are spending significant time on the sites as well as multiple page views; indicative of real interest

Page 13: Vivofit_Digital Marketing MBA Project

WEB TRAFFIC SOURCES• Most traffic is direct,

indicating existing customer base as well as prior knowledge of these brands

• Need to take better advantage of social media

• High referrals and search traffic imply further market growth potential

Page 14: Vivofit_Digital Marketing MBA Project

ALSO-VISITED WEBSITE TOPICS

Page 15: Vivofit_Digital Marketing MBA Project

SOCIAL MEDIA TRAFFIC• Does not contribute

that much to overall website traffic

• Facebook is the primary medium for social communication

• Interesting YouTube implications for future social marketing campaigns

Page 16: Vivofit_Digital Marketing MBA Project

GEOGRAPHIC ANALYSIS• Primary country for

all brands is the United States

• Canada and the EU are just starting on the wearable fitness market

• Use of more social media initiatives can help to increase global awareness

Page 17: Vivofit_Digital Marketing MBA Project

SEARCH TRENDANALYSIS5

Page 18: Vivofit_Digital Marketing MBA Project

COMPETITION SEARCH TREND

Page 19: Vivofit_Digital Marketing MBA Project

TECHNOLOGY SEARCH TREND

Page 20: Vivofit_Digital Marketing MBA Project

ACTIVITY SEARCH TREND

Page 21: Vivofit_Digital Marketing MBA Project

GOOGLE CORRELATEHigh correlation in search pattern between“Fitness tracker” and “workout for women”

Page 22: Vivofit_Digital Marketing MBA Project

SOCIAL ANALYTICSSNAPSHOT6

Page 23: Vivofit_Digital Marketing MBA Project

SOCIAL MENTIONS & VISIBILITY• Little mention since CES

• Official Garmin Social Tech– Facebook – 2 mentions

– Twitter – 8 mentions (only 1 since CES)

– YouTube – 3 videos, <2000 views

– Blog – 1 mention

• Consumer/Fan Tech– Several dozen blog posts/tech

reviews, all from CES

– ~10 YouTube reviews/comparisons

Vivofit Garmin

Social Mention & Topsy Stats

Page 24: Vivofit_Digital Marketing MBA Project

SOCIAL BUZZ EXAMPLESGarmin Vivofit

…ultimately though, I suspect like most things Garmin, people will pay the premium for the brand name – especially if they already have other Garmin devices. – blog comment

Love Garmin products always have. – HarryO

…but it’s a sign of how Garmin isn’t keeping track of the details. Getting lazy IMHO. “Do we really need to make a great product to keep our market share? Or will our brand keep us at #1 if we deliver just ‘good enough’”. – blog comment

Garmin Connect (only 2 / 5 stars)

janetmonster: @Garmin When will the Vivofit be available in the US? Looking to replace my Fitbit

adambowie: @lukeoliff May look at the Garmin Vivofit as I'm already in their ecosystem with my bike GPS.

MichelleCHart: @garminUK is 31st March confirmed released date for vivofit in the UK? Unfeasibly excited about something that's going to nag me to move!

jbester: .@endeavourprtnrs & @michaelamdavies Curious re #vivofit Nice specs but sadly @Garmin poor w #socbiz #social #APIs.

Cheapside: Vivofit battery seems to be a differentiator, shame about the look #wearables

Page 25: Vivofit_Digital Marketing MBA Project

SOCIAL SENTIMENT & PULSE• Word on the street is that Garmin

=High Quality, Respected Brand

• Technical Excellence, but lacking in customer service

• Long-time users acknowledge brand strength but with increasing feelings of resentment

• Some think Garmin is resting too much on its laurels

Page 26: Vivofit_Digital Marketing MBA Project

ACTIONABLE INSIGHTS• Start marketing and creating

excitement!– Little buzz about a soon-to-be-

launched product

– Get more social

• Improve customer service!– Respond to inquiries on social and

purchase sites

– Respond to negative comments to show that Garmin cares

– Acknowledge that Garmin Connect had some issues in the past but that improvements are being made

Page 27: Vivofit_Digital Marketing MBA Project

THANK YOUQuestions? Comments?