Marketing Analysis - OEP Report

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B2C Marketing Analysis OEP-Venture Lab 2012

description

Venture Lab Class 2012

Transcript of Marketing Analysis - OEP Report

Page 1: Marketing Analysis - OEP Report

B2C Marketing Analysis

OEP-Venture Lab 2012

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Agenda

1. Product description

2. Target group

3. Experiment descriptions

4. Experiment results

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The Idea - Fashion App

Our Visionis to combine the advantages of online shopping and retail stores shopping experiences in one product.

Our Product "Your fashion app"is a free service for young women to inform themselves about actual fashion trends and to receive a valuable and personalized shopping advice.

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Benefits of our product

Fashion conscious women:● entertain with new fashion

impressions for free● valuable and personalised

shopping advice● articles can be bought and

tried on in a local shop● save money by getting latest

coupons and find local deals● have an overview of local

shops

Brands / Retail Stores benefits: ● access to a target group● high quality environment for

branding ● high customer attention to

presented message● highly personalised and

localized ad targeting● new customer acquisition and

activation of existing customers

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B2B and B2C Marketing

● We have to execute B2C and B2B marketing, to generate suspects for our business

● Without fashion conscious women on the platform, it is not possible to attract ads from retailers

● So effective B2C marketing has to be done at first● After generating a critical customer mass B2B

marketing and sales process can be started● In this report we focus on B2C Marketing, B2B

marketing and sales would be analysed in a separate report

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Agenda

1. Product description

2. Target group

3. Experiment descriptions

4. Experiment results

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B2C target group in German market

30,8 million users informthemselfabout fashiononline(OVK 11)

47% ofusers arewomen14,5 million(DPDHL 12)

57% of women online are between16-39 years 8,3 million (DPDHL 12)

18% of populationleaves in cities (over0,5 millionpeople) 1,5 million(DPDHL 12)

60% of populationhas netto income over1.000€:0,9 millionpeople(DPDHL 12)

Estimation:30% reachin the targetgroup 0,3million users

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Agenda

1. Product description

2. Target group

3. Experiment descriptions

4. Experiment results

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B2C Marketing experiments and test setupWe would like to perform various experiments to validate following points of our B2C marketing:

● Test of different traffic sources● Test of product USP and slogan

Test infrastructure:● Google Analytics● Google Optimizer● Different versions of coming soon landing page with

E-Mail subscription form● facebook fan page

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Test of traffic sourcesFollowing Traffic sources were identified and sorted based on costs an effort. We would identify the best source based on suspect generation:

1. Ask family and friends to post links on facebook2. Ask family and friends to post links on twitter3. A lead confirmation E-Mail with forwarding request4. Social Link share button on our landing page5. Post on wallpaper of fashion brand like esprit or H&M6. Search for Users who post on twitter fashion related comments and retweet them7. Create an alert with keywords “to buy fashion nearby” and post a comment with link in these blogpost8. Content creation on yotube and slideshare with fashion related content and link to our landing page

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Test of product slogan and USP IExperiment 1:

Slogan 1:“looque has my style nearby” - looque hat mein Style in meiner Nähe

would be tested against more eleborate slogan

Slogan 2:“looque is digital fashion magazine with my style nearby” - looque is der digitale Modemagazine mit meinem Stil in meiner Nähe

Traffic would be divided 50% vs 50%. On the coming soon landing page we ask a user to give us an E-Mail. We define a generation of an E-Mail address as a success and base on it select the slogan.

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Test of product slogan and USP IIExperiment 2:The winner of Experiment 1 would be tested against

Slogan 3:“looque has everyday my styles nearby” - looque hat jeden Tag neue Styles in Deiner Nähe - comparing to previous slogans actuality is more strongly communicated

Experiment 3:if we can still generate enough traffic to have a significant validation of our result we will test the winner of experiment 2 against

Slogan 4:“My Trends, My Style, My Shops” - Meiner Trends, Meine Styles, Meine Shops - comparing to previous slogans personalization plays more important role

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Selection of background picture for landing page

We selected different pictures for a background of our landing page and ask our target group about their preferences.

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Landing page

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Agenda

1. Product description

2. Target group

3. Experiment descriptions

4. Experiment results

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Experiment results

Experiment results would be presented after experiment execution in one week

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Thank you and contact us for more information!

[email protected]