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• Adnan Dhiyan• Darren Alphonse• Yougui Qu (Josh)• Vidur Bhatia• Hanyu Lee (April)
Brand Approach -Team B
Agenda
Help bridge the gap between prospective consumers & Wendy’s to eventually increase market share for the brand
In this Presentation• Our target audience• Wendy’s current approach• Where the problem lies• Our solution• Suggested calendar• KPI’s• Budget allocation
One Line Brief“Declining sales especially
among Millennials”
Who are Millennials
'Millenials‘ 18-35 year old "Business Minded" "Tech Savvy" "Young" adults
The Millennial Consumer41% have no landline at home & rely on their Mobile phones
31% earn enough to support “their” lifestyle
14% of Millenials use twitter
56% think Technology helps people use their time more efficiently
27% are self employed
80% have their phones with them even while sleeping
Will make up 50% of the workforce in a few years
Send an average of 20 texts a day
Have an estimated purchasing power of $170bn a year
79mn Millenials in US vs 48mn GenXers
What keeps them occupied
Source: The new Multiscreen World published by Google, August 2012
What are these interactions?Avg Time spent by Millenials interacting with Media
Source: Statista,IPSOS, Crowdtap data. 18-36 Yr Old Adults in US, 2014
Mobile UsageShare of time spent on Mobile Apps
Source: comScore Media Metrix MP and Mobile Metrix, U.S, June 2015
Consumers facing customer facing tech in restaurantsConsumers not facing customer facing tech in restaurants
Social MediaSocial Media usage among Millenials
Source: comScore Mobile Metrix Report June 2015
Snapchat is becoming popular among our TG but the question is, does every platform have to speak the same story?
Current Approach
TVC’s since the beginning have been product centric.
Ad spends on Frosty(54%, Hamburgers23% and the Value Menu 30%Minimal spends on display ads on websites
Facebook, Twitter and Instagram are all treated more or less the same. Content is more or less replicated. It doesn’t leave the consumer with a reason to be with Wendy’s on every platform
482,000 Mobile website visits and no online sales!
Online ordering only via My Wendy’s App
Source: comScore Media Metrix and Ad Metrix report 2012
Task in Hand
Attract consumers of other brands to become Wendy’s
consumers
Our SolutionService.Care.Quality
Convenience through TechnologySpeak 'their language' at their 'convenience'
#TrendyWendy
Mobile
18 to 34 35 to 44 45 to 54 55 to 64 65+0.0%5.0%
10.0%15.0%20.0%25.0%30.0%35.0%
30% 29% 31%
18% 19%
Age
Shar
e of
resp
onde
nts
% of respondents who use mobile apps at least once a month to order food Our App
No Online ordering on our app! App + ordering = Sales!
Mobile The Problem A mobile app upgrade that does it all!
QR Code technology at drive thrus
Push Notifications for Coupons
Immediate complaint forum
Mobile Wallet/tap to pay
Love it? Share It!
Web
Google trends show the magnitude of searches for competitive brands
Opportunity via targeting!
Source: Google Trends
Google trends reflecting trendline of searches for the three brands in USA
Web StrategyVia the restaurant website from a computer
Via the restaurant website from your smartphone
Via an app from a computer (desktop/laptop/tablet)
Via an app from your smartphone
Via a third-party website (such as GrubHub, Foodler, SeamlessWeb, etc.)
Via fax
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
58%
17%
14%
14%
7%
6%
Answered yes
Ecommerce + SEM=Sales
SEMCompetitionGenericBrand
Source: American Express data on Statista. Sample size includes 500 people
Share of people who ordered food (by pick-up or delivery) using any of the following tools?*
Google DisplayProgrammatic Buying
Social MediaTwitter InteractionFacebook Interaction
Instagram Interaction
Social Media #TrendyWendy
Launch approach: Promote Wendy’s new features on Social Media.
Sustenance/Long Run Approach
Twitter becomes a consumer conversation medium rather than just an awareness media. We identify influencers and build loyalists. These in the long run will become our brand ambassadors
Custom audience reach on FB, sponsored posts and paid instagram push to maximize reach via mass media
Geo Targeted Specific Posts to people not just around Wendy’s stores but also around competition
TV and Print
EntertainmentFashion
Health
Sports
News
Target Base Total '000 Index
Cable Services: MTV2 15,083 242
Cable Services: Adult Swim 16,603 237
Cable Services: TeenNick 6,749 223
Magazines: Game Informer 10,560 230
Magazines: Fit Pregnancy 1,853 225
Magazines: Teen Vogue 3,578 223
TV Show Types: Game Shows-Primetime 4,998 120
TV Show Types: Soccer 10,086 118
TV Show Types: Situation Comedies - Primetime 8,715 117
Genres to be targeted
Top Media
Source: MRI Data
• Purchase Driven Tactics – January thru April & September
• Awareness Based Communication – May thru August
Sales trends in Limited Service Eating Places over a 5 Year Period
Source: Census.gov
January February March April May June July August September October November December15,000
16,000
17,000
18,000
19,000
20,000
21,000
22,000
23,000
24,000
2014 2013 2012 2011 2010
Calendar and Budget
Activity February March April May June July Aug Sep Oct Nov Dec Jan % ShareSocial MediaTV PrintDisplay Media Programmatic BuyingSEMSocial Media AdsMobile Ads
30%
60%
10%
Our Budget allocations & calendar are based on competition targeting and seasonality.
High BurnMedium BurnLow Burn
KPI’sFacebook 2% increase month on month in follower base and 1% increase in the interactions
Twitter2% increase in the followers base month on month. At least 3 tweets a day depending on the audience interaction.
Instagram 5% increase in the interaction and 3% increase in the fan baseSnapchat build platform and convert snaps to sales 6 months after going live
Website/E-com build platform and monitor sales via website. Projection to be made based on quarterly data
SEM Keyword list to be refreshed fortnightly. Maintain conversion rate at 5% for SEM activities.
Media Buy Display Media Buy display and programmatic buy plans to be based on reach and Frequency
Mobile App Increase in number of downloads and time spent on the app. Conversions/Sales via appTV Reach of media used
Result
Advertising spending of Wendy's in the United States from 2010 to 2013 (in million U.S. dollars) The Wendy's Sales Spend 10 Million
more, sales will be
Year advertising sales2010 281 1,980.6 1,678.612011 273 2,050.1 1,748.732012 279.6 2,129.3 1,818.842013 290.3 2,102.9 1,888.962014 284 1,608.5 1,959.07
Average 282 1,974.28Budget 10 70.11435471
Wendy's market share in 2014 13.90%Total market 11571.942
Market share at the end of next fifth year 16.93%Market Share increase 3.03%
Trendy + Wendy= Sales!
Conclusion• Problem- Declining sales among millennials
• Solution- Convenience through technology
• Results- Greater than 3% increase in sales in five years!
Thank You