Introduction Executive Summary Folgers will sponsor quarterback Andrew Luck. Folgers will increase sales among the growing market of college students as well as change its image among students. Luck will be featured in a series of commercials targeting college students. Situational Analysis Luck does not have many other sponsors. Folgers has no other sports related sponsorships. Luck is emerging as one of the league’s top quarterback despite his rookie status. Luck’s affiliation with Stanford, as well as the Colts and NFL, will create an implied relationship between Folgers and these entities without there actually being any relationship. Potential External Factors The NFL is the most popular sport and its popularity is still rising . College enrollment is rising. Coffee is seen as a “necessity” among daily drinkers No legal or political cautions. Objectives for Sponsorship Objectives for Sponsorship Change Image Increase Sales in Target Market Providing Content for Website Increase Participation in a Current Promotion Building a Database of Qualified Prospect in Target Market Sponsorship Recommendation Andrew Luck Top Pick in 2012 NFL Draft Stanford Graduate 3.48 GPA in Stanford’s prestigious architectural design program Well spoken, caring, tough, smart, consistent Popular throughout the league, not just Indianapolis Change Image Folgers has always promoted their coffee as “the best part of waking up” This is great for the older demographic (35+) This sponsorship will help Folgers coffee to be seen as the drink that keeps college kids going, either waking up for that 8 am class or staying up to study for that big midterm. Folgers will use Andrew Luck to change the way students and even those beginning their careers see Folgers. OBJECTIVE: Folgers is seen as a way to keep going, as well as “the best part of waking up”. Increase Sales in Target Market This sponsorship will increase sales, specifically among two target markets: College students Avid NFL fans OBJECTIVES: Increase sales by 5% among adult males ages 18-24 by the end of 2013. Increase sales by 7% among adult males ages 18-34 (targeting avid NFL fans) by the end of 2013. Provide Content for Website www.folgers.com/AndrewLuck He will attract fans and potential customers to the Folgers website to see exclusive web content. OBJECTIVE: Increase web page “hits” by 10% throughout the term of the advertising campaign. Increase Participation in a Current Promotion Folgers currently has a promotion to see who can make the best jingle using their slogan “the best part of waking up”. Folgers’ would help produce a jingle video starring Luck, and invite others to make one as well. This is a yearly promotion that could use some new enthusiasm. OBJECTIVE: Receive over 5000 original videos entered into the contest in 2013. 3000 were received in 2011 Building a Database of Qualified Prospect in Target Market Each Folgers’ product will offer customers the chance to win Luck’s autograph, with many, many winners. In order to enter for a chance to win, you must provide a name, email address, and zip code. Although this won’t build a very in-depth database, it will give Folgers a way to offer special deals and coupons to current and potential customers without discouraging fans to sign up because of how much information is wanted. OBJECTIVE: Build a database of at least 5000 prospects within 6 months. Strategic Filters Brand Brand Positioning Brand Character Folgers strives to make the Reliable best value when choosing coffee. 21.60% Market share with $419M in sales. “The best part of waking up” Consistent Simple Andrew Luck Andrew Luck is a good AllAmerican man. He conquers grades, football, and life. Competitive Analysis Coffee brands do not tend to explore sponsorships in sports, with a few exceptions, Dunkin Donuts. Folgers competes directly with Maxwell House, who is number 2 in sales with $283.7M, and indirectly with Starbucks and Dunkin Donuts. Folgers and Maxwell House produce coffee to be brewed at home, while Starbucks and Dunkin Donuts are coffee shops that customers visit to get their coffee rather than brewing it themselves. Dunkin Donuts has affiliations with several teams on the east coast, including the Red Sox, Patriots, Mets,Yankees, Rays, and Cowboys. It is the only large and active coffee brand when it comes to sport sponsorship. Tim Hortons also sponsors Sidney Crosby and now Ohio State. Popularity Luck has over 100,000 likes on his facebook page and doesn’t have a twitter account (although multiple Andrew Luck fan accounts add up to over 30,000 followers). First overall pick in the 2012 NFL Draft Two-time All American at Stanford Three-time Pepsi NFL Rookie of the Week Heisman Trophy Runner-up in 2011 and 2012 Target Audience Ages 18-24 Ages 45+ College age End of working career to Busy schedules retired Relaxation See coffee as a part of their morning routine Consistently high coffee drinkers Need to “keep going” Growing market College Target Market Demographics Ages 18-24 9% increase in daily coffee consumption in 2012 Enrollment in college by people under 25 increased by 34% from 2000-2010 Psychographics Always busy Live with and among other students Juggle class, work, and friends Believability/Authenticity Andrew Luck worked hard to be drafted number 1, while earning an architecture degree with a high GPA. Folgers will present coffee as the source that kept him going. Luck matches the description of the typical college coffee drinker with multiple obligations and responsibilities. Activation Potential Commercials Interview Jingle Interview Style Jingle featuring Luck (Shaq Dove commercial) Luck talks about the struggle with football and class at Stanford Highlights Folgers Scripted More available online at folgers.com/AndrewLuck Being the first pick 2nd in Heisman twice How is first season went Funny Shows his less serious side Invites fans and potential customers to submit their videos online Sources http://en.wikipedia.org/wiki/Dunkin%27_Donuts#Spons orship http://www.sbdcnet.org/small-business-researchreports/coffee-shop-2012 http://www.experian.com/blogs/marketingforward/2009/12/01/demographic-and-preferences-ofcoffee-drinkers-in-america/ http://en.wikipedia.org/wiki/Andrew_Luck http://nces.ed.gov/fastfacts/display.asp?id=98