Establishing Objectives and Budgeting Sam Skreen • • • • • • Setting GOALS (Objectives) Specific Measureable Attainable Realistic Quantifiable SMARQ! Nature of Objectives “Look at your sales, now look at me, now look back at your sales.” Ad campaign increased sales by 107% Sales Objectives Sent appropriate message to target consumers Builds long term brand direction Communication Objectives Firms must ensure the objectives are within their budget Advertisers MUST communicate the value generated by the ad campaign Budgeting Define Advertising Goals for Measuring Advertising Results DAGMAR Creative Strategy Planning and Development Monica Oedegaard • http://www.youtube.com/watch?v=owGykVbfgUE Old Spice commercial: “Smell like a man, man” Old Spice, before the launch of “Smell like a man, man” • Over the last seven years the body cleansing category has been changing dramatically • Males who used to buy low price traditionally bar soaps have become increasingly willing to experiment with more involved shower products • Old Spice’s target audience: 13-34 years old males. • Some problems when target audience expressed confusion; overly feminine, “not for me”. “Smell like a man, man” • In 2010, they launched the “Smell like a man, man” commercial to try a new approach where their goal was to reach out with an ad that man and woman would enjoy together. • The creative team wanted to position the product as “helping guys navigate the seas of manhood” • Within two months of its launch it became a sensation on the internet and gained more than 8 million hits on YouTube. Numbers: • • • • • Nearly 105 million YouTube views of the campaign 1.2 billion earned media impressions 2700% increase in Twitter followers 800% increase in Facebook fan interaction 300% increase in traffic to http://oldspice.com Sources: • “Advertising and Promotion” by George E. Belch & Michael A. Belch (Chapter 8, page 257-258) • http://www.pg.com/en_US/downloads/innovation/factshe et_OldSpice.pdf Thank you!