B341 Marketing Management Marketing Communication Strategy Project Written Document and Oral Presentation Friday, July 29 Promotional Objective For this specific promotional campaign, what are your promotional objectives (refer to the Advertising Pyramid slide in the Advertising 18 powerpoint). Remember to make them measurable. Creative Strategy: The Copy Platform Create a Copy Platform following the format on Exhibit I, and include it in your report. This job is typically performed by the Account Executive, consulting with the client and the creative team. Creative Ideation Session Use Exhibit II to record group participation and to keep a record of all the ideas you come up with! Attach it to your report. Creative Synthesis Session: Choose the Big Idea and develop it for print AND electronic. Use Exhibit III to record group involvement and process. Attach it to the report. Here you will examine all the ideas from the brainstorm session. Compare them to your copy platform. Which ones convey your positioning best? Which ones are most likely to accomplish your advertising campaign objectives? Which ones can carry well in more than one medium? Finally, which one captures all five elements of the creative pyramid: Attention, Interest, Credibility, Desire and Action? Media Objectives – On Campus Define the specific target audience you want to reach both demographically and psychographically.. Reach Objective - What % of the target audience do you want to reach in a four- week period? Frequency Objective - on average, how many times do you wish to reach the target in a four week period? (see page 508 and the Advertising Powerpoint ) Note: be sure to justify why your reach and frequency need to be as high as you suggest and/or justify that they are not so high that it is a waste of money. Media Strategy – On campus For your on-campus target, indicate which media will be used. Justify and explain your decisions based on the following factors Creative Considerations: Media required to execute the Message Strategy Target Customer Media Habits: Media required to reach your target As you discuss on-campus media, be creative in identifying opportunities to use electronic media as well as print media. Create Two Ads Create a Print ad and either a television (video) storyboard or Radio (audio) scratch demo. For the mediums chosen, do the following: Print Create a print ad in rough color (if appropriate) layout form with a headline, visual, subhead(s), body copy, slogan and Logo. If there is a great deal of body copy, mark the space where it goes in the ad, and type the copy out on a separate piece of paper. In the margin, or on a separate paper, indicate which parts of the ad satisfy each of the 5 levels of the creative (copywriter’s) pyramid. Be sure your ad accomplishes the advertising objectives you have established! Radio Write a thirty second or sixty second script and record a scratch demo. In the margin of the script, indicate where you are covering each of the five points of the creative pyramid. Be sure your ad accomplishes your advertising objectives Television Create a storyboard for a thirty second ad. Be sure copy and visuals are complimentary, not confusingly different. Keep in mind a realistic production budget for your client. Indicate in the margin of the storyboard where you are satisfying the five elements of the creative pyramid. Consumer Sales Promotion Create a sales promotion for the target consumer (a pull promotion). This should be a premium offer, a sampling promotion, a contest or sweepstakes, a rebate offer or effective, unique POP advertising. Do not merely offer a cents-off coupon. Communicate the offer via some kind of direct marketing technique shown below. Be creative with this one!!!!! Make sure your promotion builds on your advertising campaign or your positioning statement! Explain in writing any details that are not obvious from your direct marketing piece. Direct Marketing Choose one form of direct marketing (from the list below) to communicate your consumer pull sales promotion. Explain in writing why the form of direct marketing you select makes sense given your target customer's purchase habits and your particular product positioning. Direct Response Advertising - Direct Mail/handbill: Provide a layout of a direct mail piece or handbill that communicates your pull promotion and compliments your media advertising. Don't forget the copywriter's pyramid! Direct Response Advertising - Print Advertising: Provide a modified layout of your previous (from above) newspaper or magazine ad communicating your promotion. If your ad from above already featured a direct response mechanism choose a different option! Direct Response Advertising - TV/Radio: Provide a modified script or storyboard that communicates your pull sales promotion while still complimenting your regular ad campaign. Direct Response Advertising - Internet: Design a web page that communicates the offer and ties in to your regular ad campaign.. Use graphics as well as text. Trade Sales Promotion Create a sales promotion for your salespeople or retailers (a push promotion). This can be a co-op advertising program for a retailer, or sales contest for your sales force. Be sure to tie it in thematically with your consumer promotion and your ad campaign. Explain in writing how it will work in enough detail so the instructor can visualize it. Public Relations: Publicity or Special Event Sponsorship (do one or both of the following) Describe in writing a special event that you will sponsor, explain how it makes sense strategically given your target and positioning, and explain how you plan to generate free publicity by sponsoring this event. Prepare a news/press release that is to be sent to a newspaper, magazine, radio station or TV station. Tell why you think they will run your story. Media Strategy – If you were to go off campus For your off-campus target, indicate which media will be used and roughly what percentage of your budget will be used on each. Justify and explain your decisions based on the following factors Competitor Media Strategy: What media does the competition use? Creative Considerations: Media required to execute the Message Strategy Target Customer Media Habits: Media required to reach your target Media Scheduling Tactics – off campus Include an off-campus media plan (see pages 507-510) Depending on the media you have selected (you must choose two), answer the following questions: (see Local Rate Cards for links to some local cost data) Newspaper Plan (for Scroll, Rexburg Standard Journal and/or Idaho Falls Post Register) a. What size of ad (SAU), what section of the paper? Explain why. b. What papers will you buy? Provide a newspaper budget showing circulation, cost per ad, and CPM Radio Plan a. What format(s) will appeal the most to your target audience? What stations? b. What dayparts will offer you the most effective targeting? (Best target reach) Are they also the most efficient dayparts? (Cost per rating point?) c. Provide a radio budget chart showing station costs and # of spots; use specific local stations. TV Plan a. What dayparts will be most effective for reaching your target? What dayparts are most efficient? b. Describe the networks or stations you will use and justify your decision using audience profile data provided by mediamark* or the networks websites. c. List the specific programs you would choose for each network and daypart. d. Provide a TV Budget showing costs and # of spots for each program chosen. *Mediamark: go to library website and find mediamark under A to Z. Register for free and click on Mediamark reporter and identify your type of product so you can access media habit data. Break –Even Analysis Given to total budget required to execute the off-campus media plan, how many incremental units of product would you need to sell to break even? Written Report Order and Checklist Promotional Objectives Copy platform Ideation Session Synthesis Session Explanation of Big Idea (restate big idea and tell how you will integrate it in ALL promotions Media Objectives for on-campus target Media Strategy for on-campus target Answers to questions for 2 mediums/ads (see Print, TV, Radio) Mock-ups for 2 ads (layout, storyboard, scratch demo) Consumer sales promotion Direct Marketing (include a mock-up of an ad that promotes your consumer sales promotion) Trade Sales promotion Public Relations Media Strategy and Scheduling for off-campus target (include a media plan in a format similar to the one linked on p. 3 above) Breakeven Analysis for off-campus media Oral Report Present this as though you were pitching this campaign to the president of the company or an investor of the company. Your goal should be to impress them enough to have them agree to provide the necessary funding. Be sure to provide rationale for your decisions and to highlight your big idea. Given the limited time, we will only present the advertising materials, not the media plan. Be prepared to present the following in 15 minutes or less Promotional Objectives Explanation of Big Idea Present ads from 2 different media; explain how they are integrated and convey the positioning, and cover the elements of the creative pyramid Present your Consumer promotion, explain how it generates consumer action yet reinforces your positioning, fits with the big idea and is integrated with your advertising campaign Present your PR event or release, explain how it reinforces your positioning and fits with the big idea