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What it’s like to work in Marketing right out of college
MKTG 4082W – Spring 2014
Santiago Strasser, BSB ‘12
Agenda
1. Bio 2. Who’s Standard Heating?3. What do you do there? 4. Brand situation 5. Exercise 6. What did we do?7. 3 Things I’d do differently
Bio
Santiago (Santi) Strasser
• Born in Argentina• BSB ‘12, Marketing• Spanish, Portuguese
Who’s Standard Heating & Air Conditioning?
• Heating and Air Conditioning Contractor serving Twin Cities Homeowners
• We provide repair, maintenance, and installation of heating and cooling systems for residential buildings
• 65+ employees, family-owned
standardheating.com
What do you do there?
Marketing Manager• Managing the entire department: one• First person in the position
• Big impact, small scale• Responsible for the Marketing Budget• Part of the Management Team – report to
President
• Pros:• Freedom / Autonomy• Informal small company culture• Training (Las Vegas, CSOM Exec Class)
• Cons:• Less guidance/direction• No ‘career’ progression• Less formally educated co-workers
Strength & Challenges
Strength of the Brand• 2nd Market Share• High Customer Satisfaction • Loyal customers
Challenges of the Brand:• Category relevance• Seasonality• Brand relevance in the market• Segmented market (250+ comp.)• Stronger competitors• Older customer base• Traditional media – paper/radio• Importance of local/small• Weak online presence
9.2
Google Trends – “standard heating” July 2010 – December 2012
Newspaper & Radio
Wordle
How would you revitalize the Brand?
What did we do?• Website• Search and digital advertising• Social Media (Facebook, Twitter)• Direct Mail targeted to younger
homeowners• 5 For $25 Drive• Mapping customers near you• Unfiltered Online Reviews• Public Relations (earned media)• Homeshows
Results:• 17% increase in business• 16% increase in new
customers (% change)• 73% increase in business
from the internet• 136% increase in homeshow
business
Facebook Likes: From 0 to 2,857 in less than 2 years
Mapping customers near you
5 For $25 Drive
Direct Mail campaigns
Customer-Based Brand Equity Pyramid
RESONANCE
SALIENCE
JUDGMENTS FEELINGS
PERFORMANCE
IMAGERY
Low RecallSome Recognition
Reliable, consistent performanceServiceability: Ease of repairing
WOM: 10% Online
Reviews
Peace of mindSecurityWarmth
Behavioral LoyaltyReferral: 92%Favorite Tech
Trust
Techs are friendly, knowledgeable and take
the time to educate
QualityValue 1
1
2
3
4
2
3 Things I’d do differently if I were graduating in 4 weeks:
1. Take some time to celebrate2. Get to know your boss and org culture3. Keep your life in balance
An international perspective
Foreigners may speak with an accent but they may not necessarily think with one.
Foreigners in the US:Don’t stress too much your international background, but use it in private to bring value through your different ways of looking at the world. Differences make us distant from each other; get closer.
Americans outside of the US:Weird behavior is just the tip of the iceberg of a different value system. Take the time to go deeper than behaviors. “Bi- or multiculturality is the ability to understand foreigners according to the foreigner’s own standards.” – Geert Hofstede
Let’s connect:
Santiago (Santi) Strasser• Email: [email protected] • LinkedIn: linkedin.com/in/santistrasser• Twitter: @santistrasser• Blog: rationaleforfreaks.blogspot.com
Read: Rationale for Freaks:Are you wasting your twenties?