Marketing Strategies The meat. The 5 P’s Promotion (90% of the plan) Product Price Place ...
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Marketing StrategiesThe meat
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The 5 P’sPromotion (90% of the plan)ProductPricePlacePeople
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PromotionAdvertising: creative and media sectionsSales PromotionPublic RelationsDirect MarketingViral MarketingEvent MarketingOther
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Strategy as objectiveYour strategies will be the objectives for support
sections
Ex: To establish Quick and Easy as the quick and easy way to get the clothes you want (creative objective)
Ex: To reach women 25-35 who have just had their first child (media objective)
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Creative Objective“To establish…”“To reposition…”“To convince…”
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Media ObjectivesTargetGeographySeasonalityAperture
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Production objectiveGood, fast, cheap triumverite
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Sales Promotion ObjectivesConsumer and Trade
Ex: Convince light users to buy two units instead of one
Ex: Increase facings from 4-6 during the campaign period
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PRFocus on marketing public relations (getting the story out through media) versus corporate public relations (Gov’t, employees, special interest groups, etc.)
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EventsWhat would a” Papa John’s Experience” need to accomplish?
For Consumers? For Trade?
Full blown strategy/execution of the Papa John’s experience due 10/17 (present in class)
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Don’t forgetMerchandisingPackagingViralGamesPromotional items (tchotchkes)
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Only great ideas need applyPriceProductPlace
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PeopleSummary that serves as rationale
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Great Integrated CampaignsNikeAppleTargetFordPedigree
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Integration