WOW Simulation Team 1 Kris Bader Vignesh Balasubramanian Sara Baskentli Mayur Batra Chetan Bhatia The WOW Big Picture execute search product experience main variable: need for Socialization dynamic variable: need for Escape service STP Q1 value segment business objective Entity goal competence marketing objective retention acquisition Acquisition retention in mind source of volume steal share stimulate demand Stimulating demand in non-users, Attract new category users price main variable dynamic variable target TA description position 5-box positioning statement place evaluate length breadth depth awareness information promotionimage behavior Business Objective • Fundamental Entity: World of Warcraft (WOW) • Goal: To grow membership by gaining 2M users who are entering the category every month. • 8 months x 2M= 16 M people • Core Competence: Master of Themes and Stories – Skill @: IT Infrastructure/ R&D – Benefit: Escape from real life routines through different themes and stories WOW Investment Plan Key Activity marketing objective stimulate demand acquisition retention Adopt a Role Player WOW Loyalty Rewards Free week promotion Bookstore channels steal share New stories initiative source of volume Continuous Improvement Geek love initiative Target Audience Description Ben is a 22 year old, freshly-trained EMT from Indianapolis. He describes himself to people as a football and car enthusiast. Just 5 months ago, he purchased a brand new Hyundai Genesis Coupe with his first paycheck. Two Sundays ago, Ben attended the Colts football game, where he mourned the team’s 9th straight loss of the season. As he was fighting with his girlfriend on the drive home, he failed to pay attention to the red light that was fast approaching. Upon entering the intersection, Ben was almost hit by a police cruiser, but swerved out of the way at the last minute, crashing into a storefront of a CVS Pharmacy. Ben was taken to prison where he posted a $5,000 bond the next morning. He was charged with failure to stop at a red light and destruction of property. When he arrived home later that day, his girlfriend had moved out and left a breakup letter, in which she also threatened to sue him for her injuries sustained from the crash. Ben went to sit down at his computer and fell to the ground when the chair broke. His dog ran downstairs to check out the commotion and was so excited to see his owner that he peed all over the brand new carpet. WOW 5-Box Positioning Statement My friends created a world in WOW and they have great friends. When I join this community I’d be able to make more & better friends WOW is an online role-playing game all my friends are there. WOW is the place to escape from real life routines Reasons to believe 1. Friends referral 2. Advertisements 3. Free trials I am going to subscribe to WOW because there is no better way to escape from real life and it is my game! I am going to try WOW for free 4B’s Bodies Positioning Probability of Conversion X Size of population 44% Segmentation and Target 2M Behaviors Converted Customers X Purchase of WOW/customer 880.000 $17.99 Bucks Additional Revenues (acquisition stimulate demand) $15.831.200 4B’s continued- BELIEFS Key Activity marketing objective steal share stimulate demand acquisition source of volume Why are people staying out of category? 1. Unaware of the benefits 2. Lack of awareness 3. Price 4. Importance retention 1. Stress on raising the importance of WOW as an option to escape from reality 2. The perception of WOW delivering on that promise can be achieved initially by word of mouth and gradually by usage Outcomes Goal Strategy Investment Variables Results What was your business objective? Describe your strategy here Tell us what investments you made Did it work? To grow membership by gaining 2M users who are entering the category every month. We expected that at the end of the 8th month 44% of 16M non category users will subscribe to WOW. What variables did you change? How?