TABLE OF CONTENTS Exeutive Summary 1 IMC Strategy and Mix 11 Creatiive Strategy 16 2 Media Plan 20 Category and Competetive Analysis 3 Campaign Assessment 25 Consumer Analysis 6 Appendices 27 Primary Research 7 References 31 SWOT Analysis 10 Strategic Recommendations 11 Situation Analysis Company and Brand Background EXECUTIVE SUMMARY Jersey Mike’s Subs is a sub sandwich chain founded in Point Pleasant, NJ in 1956 as “Mike’s Subs”. The sub sandwich was at the time, a very new product in the marketplace. Today, Jersey Mike’s Subs boasts 1,300 store locations nationwide. Current CEO, Peter Cancro, believes in charity, consistency and offering a superior product. Jersey Mike’s is more than capable of being a dominant force in the fast-casual category, however, due to the lack of advertising, its competitors such as: Subway, Quiznos Sub, Arby’s, Jimmy John’s and Potbelly hold a more formidable position in the segment. Our goal is to help Jersey Mike’s create a “delicious campaign” to be implemented in order to establish Jersey Mike’s as a serious competitor that offers the freshest, most rewarding experience available in the category. Our campaign has a budget of $4.5 million and will be divided into four phases: 1. Get in Line 2. Slicing the Bread 3. Add the meat 4. Wrap and sell Jersey Mike’s has established itself amongst its current consumer as the superior sub to its competitors. The bread is fresh-baked, in-store every day, the meat is sliced to order and the vegetables are crisp, locally-sourced and incredibly fresh. This is exciting news, at least for those that know of the brand and to those who are fortunate enough to have a store in town. The greatest issue that Jersey Mike’s faces as a brand is its lack of brand awareness. We believe the lack of awareness and brand loyalty associated with it minimizes Jersey Mike’s potential in the marketplace. In order to address this issue, Jersey Mike’s needs to reinforce its image as the quintessential sub experience through its advertising. The competition spends an exponentially greater amount in their marketing ventures and Jersey Mike’s needs to follow suit in order to communicate to their consumers that the Jersey Mike’s experience is better. Over the course of the campaign, the IMC mix will include advertising across both traditional and non-traditional media including television, radio, magazine and social networking as well as utilizing guerrilla marketing tactics, rewards programs and other promotional materials. A variety of methods will be implemented in order to measure the effectiveness of our campaign. Jersey Mike’s, Fresh. It’s a shore thing. 1 Siuation Analysis Company and Brand Backgroud Jersey Mike's Subs began back in 1956 as "Mike's Subs" in Point Pleasant, NJ. Around that time, there were few chain restaurants. They believed that in order to survive they had to offer exceptional quality products with an equally superior customer service experience. They came into the market with a relatively unique product - the submarine sandwich. named the 3rd fastest-growing restaurant chain with sales above $200 million. In addition, it was named one of the Top 5 Growth Chains in the 2012 Nation’s Restaurant News Second 100 ranking, listed as #1 in growth in the U.S. Systemwide Sales (sandwich segment). Jersey Mike’s often wins “best sub” in the markets it enters. The company's CEO Peter Cancro, believes in giving and making a difference in someone's life. The company today offers high quality sub sandwiches with superior ingredients and fresh-baked bread. They are available in hot and cold varieties. They offer a rewards program called Shore Points that rewards consumer loyalty with savings and free subs. They also take pride in delivering an exceptional customer experience. Peter emphasizes the importance of the customer and seeks to maintain a consistent experience across all stores. Jersey Mike’s is a national franchise that consists of a network of over 1,300 stores, all of which offer the same menu items. More specifically, their claim to fame is “Mike’s Way”; a style of sandwich prepared with lettuce, onions, tomatoes, oil, vinegar and blended spices. This is the quintessential Jersey Mike’s experience; the authentic way. They also offer catering services for large events. The brand has firmly established itself as a viable and as a dominant competitor in the sandwich marketplace. Jersey Mike’s was recently 2 Category and Competitive Analysis Within the fast food industry, competitors range from “burger joints” and seafood shacks to sandwich shops, and everywhere in between. These sandwich shops have menus that include the standard sub, flatbread sandwiches, variations of soups and more. The direct competitors, then, to Jersey Mike’s are Subway, Quizno’s, Arby’s, Jimmy John’s and Potbelly. five other competitors. Subway spends the largest portion of its advertising budget on network television and cable television. QUIZNOS Quiznos is the second-largest submarine sandwich shop chain in North America. It was founded in 1981 in Denver, CO. It grew to be comprised of nearly 1500 Quiznos restaurants among domestic locations and plans to expand to locations in over 40 countries (QIP Holder, LLC., 2014). Quiznos specializes in toasted subs as well as chef-inspired menu items, including grilled flatbreads, salads and wraps, and savory soups. It’s committed to bringing both high quality and a large variety of delicious options to the guests, whether for lunch or a catering order. SUBWAY Subway is the world’s largest submarine sandwich chain with more than 37,000 locations worldwide. It has become the leading choice for people seeking quick, nutritious meals that the whole family can enjoy (Doctor’s Associates, Inc., n.d.). Subway was founded in 1965 as Pete’s Super Submarines and renamed Subway in 1974. There are 25,000 franchises within the U.S. and Canada, and around 10,000 more worldwide. Subway brands itself as providing a variety of great tasting, healthier food choices while reducing their environmental footprint (Doctor’s Associates, Inc., n.d.). Their advertising strategy always focuses on the perception that Subway is the healthiest fast food franchise in the market that uses only the freshest ingredients. Quizno’s has very small market share that accounts for only about 0.96 - 1.2% of the fast food market (Hoover’s), and that has dropped steadily in recent years. From 2010 to 2011, its share fell from 4.9% to 3.8%. The sales of Quiznos fell by more than half, from $2.1 billion in 2007 to $1.02 billion last year, according to industry estimates. From October 2012 to November 2013, Quizno’s spent $34,016,400 in total on advertising. The majority of that was spent between network TV ($10,089,400) and cable TV ($21,956,000), with the bulk of the From October 2012 to November 2013, Subway spent $521,965,100 on advertising in total, easily taking the lead as top spender amongst the 3 rest distributed to mainly internet displays, magazine ads, and outdoor advertisements. In total, Arby’s spent $93,289,100 on advertising from November 2012 to October 2013. They spent a significant portion of that on Spot TV ads ($48,557,700) and Cable TV ($29,743,600). They spent $8,485,700 on Network TV, $2,160,200 on outdoor ads, and $1,965,200 on local radio ads. ARBY’S Arby’s was founded on July 23, 1964 in Boardman, Ohio. It now is ranked as the No.3 sandwich chain behind Subway and Quizno’s with more than 3,600 locations across the US and in a handful of other countries (Hoover’s). Arby’s is well known for slow-roasted and freshly sliced roast beef sandwiches and famous Market Fresh® sandwiches, wraps and salads, made with wholesome ingredients and served with the convenience of a drive-thru. It’s the favorite place for people who crave something different and better. It holds six values that help guide it to set the goal, build the relationship and make decisions, which are “Dream Big, Work Hard, Get it Done, Play fair, Have fun, Make a difference” (Arby’s IP Holder Trust., 2014). Arby’s most recent advertising tagline is “Slicing up freshness”, which communicates its confidence and pride in freshly slicing meat it could offer daily in each restaurant. JIMMY JOHN’’S Founded in 1983 by 19 year old Jimmy John Liautaud, Jimmy John’s has successfully developed as a well-known, thriving brand with award winning bread and subs. As found on Jimmy John’s website, the brand has an “irreverent attitude, low price, great food and delivery with a smile” with 1600 stores nationwide (Jimmy John’s Franchise, LLC., 2014). In each of the stores, all of Jimmy John’s food is fresh and real - from the bread baked daily to the veggies and meats used with no preservatives or fillers. Behind Jimmy John’s success is a tagline used from corporate through their stores: “Make a deal, keep a deal” (Jimmy John’s Franchise, LLC., 2014). This has remained constant for the brand from the beginning with Jimmy’s entrepreneurial mindset and runs down to the “ordinary employees doing extraordinary jobs” who don’t mind going above and beyond to get the job done (Jimmy John’s Franchise, LLC., 2014). Jimmy John’s prides itself in serving quickly prepared and affordable subs, both in store and through home delivery to ensure the customers get their order in the shortest time. It brands this service as “freakishly fast” (Jimmy John’s Arby’s sales in 2012 totaled $2.9 billion, down $100 million from a year earlier and down more than $400 million from the previous three years, according to QSR (Startribune.com). 4 Franchise, LLC., 2014). Jimmy John’s estimated annual sale is $5.30 million (Hoover’s). contribute less than 1% of total revenue (Hoover’s). From November 2012 to October 2013, Potbelly spent only $1,259,000 in total on advertising. The largest portion of that was spent on outdoor advertising ($1,045,900) and the remaining dollars were spent on local radio and internet display. From October 2012 to November 2013, Jimmy John’s spent $29,045,200 on advertising in total. Primary spending was on spot TV ($10,863,400) national spot radio ($7,887,200), and local radio ($4,968.5000). POTBELLY Potbelly is a fast-growing neighborhood sandwich chain offering toasty warm sandwiches, signature salads and other fresh menu items. It started in 1977 as a small antique store on Lincoln Avenue in Chicago. It now operates 280 quick-service restaurants within 18 states and Washington DC that specialize in fresh-made sandwiches. Potbelly focuses on food quality and brand appeal in order to distinguish itself. It aims to be “The Best Place for Lunch” and positions itself as “Neighborhood Sandwich Shop” (NASDAQ.com). Potbelly dedicates itself to creating a lively atmosphere using antique interior decoration and live music with a focus on personalized and genuine customer experiences. Potbelly strives to be a fun, friendly and hardworking group of people who enjoy taking care of our customers. Potbelly has been profitable for the past two years. The overall sales grew 15% in 2012 to $274.9 million. The company’s 18 franchised shops Subway $521,965,100 Arby’s $93,289,100 Quiznos $34,016,400 Jimmy John’s $29,045,200 Jersey Mike’s $3,462,800 Potbelly $1,259,000 (Ad$pender) =100,000,000 Advertising Dollars 5 Consumer Analysis The overall culture of Jersey Mike’s attracts a very diverse and unique crowd of consumers that encompasses all ages, ethnicities, and geographic locations. The restaurant seems to present itself to appeal to younger age demographics by using hip language on its website and also appeals to older generations because of the company’s age. The individuality of Jersey Mike’s brings in multiple groups of people that vary demographically, geographically, and psychographically. The sandwich shop industry is one that is popular throughout most of the country, as eating out has become an activity that nearly all people partake in. However, output from Simmons specifies that the Midwest and South are the two regions that eat out most frequently and contain the most potential consumers for Jersey Mike’s. Total After conducting research through Simmons, the heaviest age demographic for the higher-end fast food industry is seen to be ages 18-34. These age groups displayed indexes of well over 130 proving that it is the area with the heaviest consumption. These consumers are typically male and female college students and young professionals who are attracted to places such as Jersey Mike’s not only because of the good quality of the food but also because of the social atmosphere of the restaurant. The 18-34 demographic includes individuals who are typically onthe-go and have very busy lifestyles. Many of these consumers tend to be budget conscious as well as being either students at a university or new-comers to the workforce who are in an entry-level position. The lifestyle of the demographic is fast-paced and constantly changing, and also includes many specific interests, morals, and values. Important dining qualities to these consumers include affordability, fresh ingredients, convenience, and an overall quality product. Brand loyalty also tends to be high. 6 FAST FOOD RESTAURANT CONSUMERS Total Index 100 100 Age: 18-24 Index 100 104 Age: 25-34 Index 100 106 Age: 35-44 Index 100 104 Age: 45-54 Index 100 101 Age:55+ Index 100 93 Primary Research Overview Tennessee, Illinois, New York, and New Jersey), and three different statuses (undergraduate students, graduate students, and young professionals). Each member of the group reached out to a handful of individuals to interview for our research. To gain insight from Jersey Mike’s consumers about both the brand and their perceptions, we utilized in-depth individual interviews and naturalistic observations. Our primary objective was to learn more about the consumer’s perception of quality, experience, and overall impression of the brand. We wanted to ensure we had a clear viewpoint on both Jersey Mike’s and the fast casual food industry from people who represented our target demographic of ages 18-25. Also, we wanted to examine differing viewpoints among heavy users, light users, and non-users with an overall goal of being able to sustain the heavy users and further attract the light and non-users. It’s apparent that Jersey Mike’s does not advertise much at all, let alone toward our target demographic, so our research was primarily meant to analyze where the brand falls within our consumer’s mind so we can position it properly. Once the participants were selected, we asked each individual a series of 11 questions. Five of these questions were specific to the overall fast casual industry and six were specific to the Jersey Mike’s brand. This helped us obtain insight not only about what people thought of Jersey Mike’s but how our target demographic sees the industry as a whole. Once each group member attained answers from their subjects, we analyzed our findings to discover any recurring trends or results that would prove useful to our campaign. Results: A significant portion of the participants knew of Jersey Mike’s when prompted, but it seemed the brand that takes the cake for top-of-mind awareness (within the industry for our consumers) is Subway. A bit more than half of all participants had been to Jersey Mike’s or heard of it. Most consumers also seem to have only heard of Jersey Mike’s through ‘word of mouth’ advertising, which only confirms our suspicion that they do very little by way of advertising. A few of the consumers compared Jersey Mike’s to country music or acoustic music; more laid back, soft sounds appeal to the participants. The one crucial weakness we’ve observed with the brand is awareness: consumers that know the brand seem to like it or love it, and don’t have any problems with it. In-Depth Interviews Methods: The selection process was a large focal point to ensure that we were not targeting the same group of people. It was important to target different ethnicities, ages, and genders in order to obtain an accurate snapshot of the consumer market. We interviewed 15 people total, which covered a range of different ethnic groups (Caucasian, African American, and Asian), eight different states (Pennsylvania, Georgia, Oregon, Texas, 7 needs - Customers seemed please by fast, efficient service - Hospitality was key - Individual couple explicitly stated “I love Jersey Mike’s” But many people don’t know of the brand at all; this is a definite problem and awareness needs to be increased among consumers. Naturalistic Observations From the atmosphere/decor and cleanliness of the facility to the service and of course, the food, we came away with this initial impression: Jersey Mike’s is a fresh experience. The decor was light and welcoming, reminiscent of the New Jersey beaches where the original sub shop was founded. The facility was well maintained and clean. The staff was attentive, friendly and willing to provide service that fit your needs. The food was the most “fresh” part of the entire experience. Deli meats were sliced right in front of you, vegetables were vibrant and healthy, and the bread is baked fresh daily -- on site. From a personal standpoint, the bread really is quite impressive; crisp on the outside and fluffy and airy on the inside, it was relatively incomparable to other sub shops. Methods: Observations were made in two ways: in-store visits on the weekend of February 22-23 and customer testimony via social networking, which in this case were Facebook and Yelp. In-store, we observed the customers, the employees and managers, and their interactions. Online, we analyzed comments on Jersey Mike’s Facebook page and compared this information with both our individual interview responses and in-store observations. In addition, we analyzed about 11 customer reviews from the State College, PA location via Yelp.com [ 2] to gather further customer testimony and to identify potential pitfalls of the brand. Results: Summary of In-store Observations: - Store cleanliness was well-maintained - Atmosphere was light, warm and welcoming - Decor consisted of beach imagery and complementary design choicesBread was fresh-baked in-house and the pleasant smell lingered - Deli meats were sliced to order -Vegetables appeared fresh and crisp - Staff was attentive, friendly and willing to provide service that fits your In observing other customers to cross-reference their experiences with our experience, we noticed that the line moved rather quickly. The process seemed very efficient. Each customer was greeted with the same level of vibrant hospitality as the next and they seemed pleased overall. No one appeared dissatisfied with his or her food. We even witnessed a couple that explicitly stated, “I love Jersey Mike’s.” Love is a very strong word. 8 Conclusions: Online Data Mining When observing customer testimony on social networking sites such as Facebook and consumer review site Yelp.com, we did not come across an unfavorable review. We reviewed about 11 reviews from Yelp.com and a plethora of user commentary on their official Facebook page. The main recurring keyword: fresh. This seems to be the brand’s biggest advantage. As discussed in the previous section, freshness rules the experience. One comment from William Stevens read “I like to see the meat cut while the sub is being made.” With such a health-conscious society, people like when things are prepared in front of them; at the bare minimum it is perceived as more ‘fresh,’ and perceptions are what matter. Consumers perceive Jersey Mike’s as a brand that is “fresh.” They feel very strongly (in a positive way) about the brand, overall. One huge negative that works against the brand is the lack of brand awareness among a good portion of the population. It seems that people who know the brand like it well enough, but just as many people aren’t aware the brand exists. The only way word about Jersey Mike’s is really spread is through word of mouth, and somewhat through social media like Facebook. The lack of advertising doesn’t have a negative effect on the brand but it certainly isn’t helping it. 9 SWOT Analysis - The brand offers a unique, quality product including fresh ingredients, including freshly baked bread, fresh sliced deli meats, and crisp vegetables. No other brand slices the meats right in front of you. - Lack of brand awareness, less people consider Jersey Mike’s when looking for place to enjoy sandwich. This is attributed to a lack of advertising. Jersey Mike’s can’t rely on solely word-of-mouth. -Not as many locations (1,300+) as competitors have across the country compared to one competitor such as Subway, 33,749 locations as of 2010. - Unique atmosphere from competition. Jersey Mike’s has a relaxing, beachy atmosphere that people find comfortable to enjoy a meal alone or with friends - Advertisements are not effective. Not much advertising is utilized to target a specific target audience. - Affordable products to target consumers. The target demographic is on the go and looking for a tasty sandwich that won’t burn a hole in their pocket. Jersey Mike’s can offer exactly this. - Product is not as affordable as some of its competitors, particularly Subway. - A lot of room for growth in many regions (Higher the BDI in the high CDI areas). - Direct competitors like Subway, Quiznos, Jimmy John’s and their advertisements - Fast casual dining is becoming an increasingly popular food choice among all consumers; there is a great potential to increase Jersey Mike’s consumer base. - Small market share. Jersey Mike’s tends to be overshadowed by the giants of the industry such as Subway because they are much more well-known and marketed - Trends in the market are eating “healthy” and “fresh,” so Jersey Mike’s can appeal to target by focusing marketing on their brand strength (how ‘fresh’ the food is). - Arguably cheaper and more convenient fast food options (like McDonalds or Burger King) present options that Jersey Mike’s doesn’t currently offer: dollar menus or drive-thru windows. 10 Situation Recommedaions Based on our research findings, we believe it’s important for Jersey Mike’s to focus on the following things: products by utilizing numerous media vehicles like television and outdoor advertisements. IMC Target 1. Create higher awareness of the brand by advertising on popular mediums like television and radio. Our desired target is males and females ages 18-34 and lead busy lives with school, college, or work. They’re looking for an affordable dining option that aligns with their lifestyle and interests in fresh/great quality meals. 2. Focus advertising efforts on the primary perceived strength of the brand: it’s “fresh.” 3. Differentiate Jersey Mike’s unique qualities and position from its competitors IMC Budget The budget for our 2015 campaign will be around $4,500,000 based on the 2013 budget of $3,462,800. This increase accounts for a significant addition of advertising on different mediums and promotions, with an overall goal of spreading and raising awareness. IMC Strategy IMC Objective Brand Positioning - To increase brand awareness by 25% among target consumers aged 18-34 - To increase trial among non-users by 2% - To increase market share by 2%-3% - Continue to strengthen consumer’s perception that brand is ‘fresh’ - Create effective advertisements that promote Jersey Mike’s brand and To males and females ages 18-34 that lead exceptionally busy lives, Jersey Mike’s is the fast casual dining brand that offers affordable meals coupled with fresh and quality products. 11 Rollout plan 12 IMC Mix Overview Strategy: This will serve as an introductory phase to the campaign in order to get word circulating about Jersey Mike’s. Social Media hashtags and sponsored posts will be utilized to put Jersey Mike’s in front of the consumer like never before and create a buzz around communities leading into the heaviest advertising months. Also, the consumer market is one that is very present on social media so websites such as Twitter and Facebook will be useful gateways to creating overall brand awareness. Additionally, circulating Jersey Mike’s flyers throughout towns will help to get the word out about upcoming promotions and deals that can be found in local Jersey Mike’s stores for relatively no cost. Based on our research and positioning statement, Jersey Mike’s will raise more awareness through offering fresh and high quality meals to target consumers ages 18-34. The following communication vehicles and strategies will not only help to build strong brand loyalty among existing consumers to best fit in with their fast-paced lifestyles, but will also spread the word and draw attention from potential new customers. We will convey that Jersey Mike’s will be the best fast casual choice for getting both fresh and healthy meals on the go. Social Media/”Free Advertising” Rationale: After conducting research, our team found that those who actually know about Jersey Mike’s seem to really enjoy it. We didn’t find that individuals particularly disliked Jersey Mike’s but some simply didn’t know about it. A first step to our solution is to get people talking about Jersey Mike’s and familiarizing them with it. Social media is the perfect vehicle to circulate news and information about the brand to familiarize consumers with it. This initial phase of the campaign serves as a beneficial set up to our heavy advertising months. Phase of roll out: Get in line Time frame: March-May Objectives: Create awareness about Jersey Mike’s so that consumers realize that it is a fast casual option in their area. Getting the name out to as many people as possible is the main focal point. 13 Sales Promotions Promotional Events Phase of roll out: Add the meat Phase of roll out: Slicing the Bread Time frame: September-December Time frame: June-August Objectives: Maintain consumer interest that’s been established with the first two phases of our rollout plan. Objectives: By hosting a charitable, coast-to-coast volleyball tournament in major coastal areas across the nation including, but not limited to the Pacific, Atlantic and Great Lakes, we seek to raise awareness of the Jersey Mike’s brand and reinforce its “give back” attitude to business by giving the proceeds to charity and reinforcing the brand’s fresh qualities by promoting a healthier lifestyle; fresh is healthy and tasty. Strategy: Feature a “buy one get one” sub special to encourage customers to keep buying Jersey Mike’s subs. Jersey Mike’s day will be on September 20th and customers with a loyalty card get a free 6” sub of their choice. Rationale: Because our heaviest advertising and efforts on gaining consumer interest are in the first two phases of our rollout plan, we need a way to keep them coming back to Jersey Mike’s. Customers will have more incentive to become ‘loyal customers’ with a rewards card that allows them a free 6” sub on Jersey Mike’s day. Strategy: The volleyball tournament will have a flat entry fee of $15.00. Jersey Mike’s will be the brand sponsor and be present to fuel the athletes who participate. All proceeds will be donated to the charity of choice as determined through an online poll made accessible through Facebook. This invites communities to come together and choose a cause they support. Through this social interactivity Jersey Mike’s will give back in a way that matters to the residents of each community. The poll will be categorized on a regional basis to help create a diversity of charities and causes Jersey Mike’s can help support. 14 This promotion will run during the summer time, either June or July in coastal cities as well as areas near the Great Lakes and other inland communities contingent on user-participation. Inland cities will have manmade venues to compensate for the lack of a natural beach. Food and beverages will be provided by Jersey Mike’s. Each participant will receive a voucher upon entry that qualifies them for a half-priced Jersey Mike’s sub and drink. Any additional food without the voucher is regularly priced for both spectators of the event and athletes alike. Fresh ingredients can help maintain a healthy, athletic body and help influence an overall healthy lifestyle. Not only that, but fresh ingredients provide the necessary fuel that your body needs to stay active and keep on playing. Winning teams in each respective event will receive an all-expense paid trip to Point Pleasant, NJ where a final tournament will be held to determine the winner. Each participant of the winning team will win a variety of goods including t-shirts, hats, etc and $50 gift cards to Jersey Mike’s. Jersey Mike’s will also name a new sandwich after the winning team. The promotion name and copy are pending. Rationale: Jersey Mike’s has and will remain a charitable, community-driven brand. Taking everything into consideration, we believe this will help reinforce the brand as a caring company that takes care of the consumers that take care of them. In addition, we have developed a specific focus on the fresh ingredients used on every Jersey Mike’s sub. In honor of the summer season we want to promote a healthy lifestyle with the volleyball tournament. 15 Creative Strategy Advertising objectives Support Raise awareness and spread word for Jersey Mike’s in order to strengthen the brand image and stimulate consumer usage. Create emotional connections with the targeted market through advertising on different media vehicles. Establish Jersey Mike’s brand image as fresh, modern and high quality. Jersey Mike’s produces fresh products each day in store, and uses on top notch brands. Sandwiches and their ingredients are properly stored, sliced, and then assembled on the counter in front of the customer. Key Benefits Tone - Communicate the overall quality of Jersey Mike’s products which includes fresh bread and ingredients. - Communicate the superior experiences to be had by consumers that are influenced by interactions with staff, products, and the overall environment. The tone of our advertisements will be fun, modern, and bold to attract and appeal to consumers. Our Slogan Fresh. It’s a “shore” thing. 16 Creative Executions: Print Advertisements Memories will last longer than any ingredient. Preserve that. Sometimes “close enough” doesn’t make the cut. Preservatives really bite. Jersey Mike’s takes a different approach to freshness. All of our meat is delicious, wholesome and sliced to order just for you without all that unwanted junk. That’s something worth remembering. Not all subs are created equal. Jersey Mike’s takes pride in serving up truly fresh ingredients and keeping your experience real. Send that artificial stuff packing. Fresh. It’s a shore thing. Fresh. It’s a shore thing. 17 Creative Executions: Radio Scripts Jersey Mike’s Radio Script Engineering a better sub, by hand. 30seconds Radio Jersey Mike’s Sandwich Tech Support All others pail in comparison. At Jersey Mike’s, the only engineering going on is real, delicious subs using ingredients prepared by human hands, not machines. Be the king of your castle. [:01] SFX: PHONE RINGS [:02] Generic Sub Hotline: Thank you for calling the Generic Sub hotline. [:01] Customer: Hi, I want to order… [interrupted] [:02] Generic Sub Hotline: For a 6 inch press “1”, for a 12 inch press “2” [:01] Customer: Seriously? [:01] SFX: BEEP [:05] Generic Sub Hotline: You have selected “1” for 6 inch, is this correct? Press “1” for yes, “2”for no, “3” if you’re still thinking. [:01] SFX: BEEP [:02] Generic Sub Hotline: We did not recognize your entry, please start over and try again. [:02] SFX: MULTIPLE BEEPS [:03] Generic Sub Hotline: I’m sorry. We cannot complete your order at this time. Good bye. [:02] SFX: [:07] Jersey Mike: Fresh. It’s a shore thing. [:02] Jersey Mike: 18 BUSY SIGNAL Don’t let robots make your food. At Jersey Mike’s we provide exceptional, personable service. We’re geared for providing the best food and best experience possible. Jersey Mike’s. Fresh. It’s a shore thing. Creative Executions: Billboard 19 Media Plan Target Objective: We plan to reach males and females ages 18-34 that lead exceptionally busy lives looking for an affordable and casual dining option. The primary customer is an individual that is always on the go and looking for a fresh quality meal. We want to: - Create awareness of the Jersey Mike’s brand to both users and non-users in our target audience - Communicate a strong message that Jersey Mike’s utilizes real fresh ingredients- Dismantle the competition’s idea of “fresh” and “quality” fast-casual food - Increase market share by 2%-3% - Help justify a higher priced product compared to the competition - Reinforce Jersey Mike’s as a community-centered brand that cares about its neighbors Strategy: Our strategy for our Jersey Mike’s IMC campaign is to expose our demographic to the benefits that our client provides. Considering the current lack of advertising, we are seeking to reach a large amount of both users and non-users and drive home the fact that Jersey Mike’s is the pioneer in the fast-casual market that utilizes real fresh ingredients that differentiates them from the competition. Competitors including but not limited to: Subway and Quiznos both use prepackaged, processed and preserved ingredients. Subway is a primary offender at misleading the public with their current positioning and we want to help dismantle Subway’s ideas of what “eat fresh” really means. Other competitors are guilty of this as well and it is our objective to communicate our message to our demographic that Jersey Mike’s really is fresh, and it’s the option you can feel good about. Our team’s strategy to reach our objective includes a full IMC campaign including both traditional and nontraditional forms of advertising including four print advertisements, a television spot, radio spot, and outdoor advertisements. In addition we are utilizing guerrilla promotions in the form of our coast-to-coast volleyball tournament for charity known as “Volley for a cause”. Our advertisements focus on creating visual metaphors to illustrate the artificial state of the fast-casual side of the food industry. This will help reinforce what Jersey Mike’s brand represents: fresh, made to order, healthy ingredients make the better sub sandwich. 20 Reach and Frequency Objective: Our objective is to achieve a reach of 70 during the initial launch of the campaign and in the months of heavier advertising which include June, July and August. Over the life of the campaign, reach will range from 55-65. The minimum effective frequency will be 2.5 which is established through the Ostrow Model (see in Appendix). The Gross Rating Point goal will obtain a 196 GRP at launch and pulse in a range of 137.5-175.5 GRPs after launch. Reach 80 70 60 50 40 30 20 10 0 Strategy: We will utilize a strategy that combines pulsing and flighting. Heavier months of advertising will occur in June, July and August with goals of 70 reach and 2.8 frequency. The campaign will launch in March, with slightly lower reach and frequency goals, which are 65 and 2.7. The goal of 65 for reach will remain the same in April, but frequency will be a bit lower at 2.6. Lighter advertising will occur in September, October, December and February. Toward the end of the year we will begin phasing out the campaign, so our reach and frequency goals will be 55 and 2.5. No advertising will occur in May, November and January. Scheduling and Timing Objective: Objective: The 2014-2015 campaign will consist of many ads throughout many different platforms which are dispersed strategically through the calendar year. We are utilizing a pulsing schedule to make sure that our campaign will flow smoothly throughout the year to create the maximum amount of awareness while avoiding certain months to save money and be more efficient. A critical objective for the overall campaign is to maintain a high reach and frequency throughout the summer months and maintaining consistency throughout months of lighter use. In order to obtain our target reach and frequency, we will use different media vehicles to reach the audiences as many as we could. We will more focus on purchasing national radio and tv spots to increase the reach and frequency during the heavier months. 21 Strategy: Jersey Mike’s has a culture that associates with the many aspects of summer and a “beach bum” lifestyle. We took this into consideration and made sure to focus the bulk of our advertising efforts throughout June, July, and August. With this being said, quarters one and four will be lighter quarters of advertising and will utilize Radio and Social Media. Social Media will provide a cost efficient way of creating awareness during these lighter months. For quarters two and three, TV and Radio will contain the majority of the ads to ensure that our campaign is being presented to the consumer as frequently as possible. Additionally, the outdoor volleyball tournament sponsored by Jersey Mike’s will take place during the third quarter to allow consumers to interact directly with Jersey Mike’s. This schedule will strengthen brand equity which is an overall imperative goal of this campaign. Objective: The target market is nationwide without an emphasis on spot marketing. Strategy: The campaign will be executed nationally by placing ads primarily on radio and television, newspapers, and outdoor. We will advertise to all major markets and networks throughout the U.S. in hopes of reaching as many people as possible. We will not be advertising in any spot markets due to the lack of information on successful spot markets for this type of product. At the end of the year, we will reevaluate the campaign’s success in all major markets to determine which had the most success and can be viable spot markets for future campaigning. Budget The campaign will officially start in February and progressively grow leading to the heaviest months of advertising in the summer (June, July, and August). In September, the campaign will slightly fade into lighter advertising all the way through the end of the year. The only exception to this steady decline is the month of November which will not be included in the campaign so that capital may be freed up for use in the heaviest months. Also, the months of January and May will be excluded from the campaign creating periodic breaks in advertising efforts. Objectives: Achieve our reach and frequency goals within our budget of $4,500,000 . This total is based on last year’s budget of around $3.4 million for advertising and has been increased significantly to account for an entire national campaign versus a few spot advertisements. Strategy: The $4,500,000 budget will be spread across our entire campaign, encompassing all aspects of advertising and spending aside from Geography 22 promotions. Around $500,000 will be allocated to promotions and will not come from our budget. All media will be :15 second or :30 second ads, whichever is the lower cost option in each media category. By doing this, we aim to stretch the budget. We will likely avoid some of the more costly outlets like sports network television and prime time television, but if budget permits may have a couple of ads on these media outlets. Most ads will be run in the morning and during the day to appeal to our busy target’s lifestyle around lunchtime. a broad demographic of people. USA, AMC, and the other mediums were selected as networks on cable because they feature popular shows, series, or events that appeal to our target demographic. For instance, AMC has numerous popular series like The Walking Dead and Breaking Bad, and ESPN features sporting events which are widely popular among all consumers, while abcfamily reaches out to an even broader group of families. Estimated Cost: $1,850,000 Media Selection Traditional Television: Television usage will be significant among our target. A large amount of budget will be allocated on television because of its high reach. To better connect with our target market, the ads will be placed on the network station ABC, and on various cable stations including USA, AMC, FX, Comedy Central, ESPN, and abcfamily. Rationale: ABC was selected as the single network station to advertise on because network TV is a costly medium and ABC utilizes a family feel to reach 23 Radio: Magazine: Due to our target audience including college students and young working adults, they spend much time commuting to school or work. Because they are creative, busy-scheduled individuals, radio will be an important part of their daily routines. We will choose radio stations like Sirius XM, and local radio stations in various markets. Magazines are still a prominent form of information communication among American adults. Magazines could create a large and loyal consumer audience. For magazine vehicles, we have chosen: Targeting Women: Cosmopolitan Glamour Vogue Rationale: Radio advertising is an everywhere medium. It could build a close contact with our target market. The advertising on local radio stations is not very expensive but very effective with high reach. It could offer a variety of promotional activities that support our advertising to spread widely. Estimated Cost: $2,176,000 Targeting Men: Esquire GQ Sports Illustrated Estimated Cost: $422,700 24 Campaign Assessment Non-Traditional Method#1 Message Assessment Social Media: Objectives: To evaluate and establish exactly what consumer’s initial perceptions are of the Jersey Mike’s brand. Social Media will be used greatly to boost our campaign’s reach. Mediums such as Facebook, YouTube, Twitter, and Instagram will be utilized. Strategy: We will randomly select people for a focus group in which methods like word association and in-depth interviews will be used to analyze Jersey Mike’s position according to a vast group of people. By conducting a focus group, we’ll gain valuable insight into the mind of the consumer about Jersey Mike’s, and can therefore include these insights in the development of the campaign. Rationale: These mediums are free and appeal to our target market directly. Consumers aged 18-34 are constantly generating buzz about brands and products via these vehicles, so we hope that by starting a campaign and using them, word of mouth will be spread by our loyal and new consumers. Estimated Cost: Free Rationale: Evaluating the idea of Jersey Mike’s to the consumer before our campaign begins will allow us to see what the perceptions are of the brand. This will help us determine where our campaign is headed and what may need to be changed. Time: Message assessment will occur before the campaign begins. 25 Method#2 Method#3 Awareness Assessment Brand Performance Assessment Objectives: To evaluate consumers’ awareness and knowledge of the Jersey Mike’s brand as a result of the campaign. Objectives: To monitor the pattern of sales throughout our campaign and determine if it’s having positive, negative, or no effects. Strategy: We will look at posts on social media such as Facebook or Twitter to have an idea of how many consumers might be loyal or new and to further understand where Jersey Mike’s falls in the consumer’s mind. This will be continuously evaluated throughout the duration of our campaign to determine if the consumer’s viewpoints are changing as a result of the campaign. Strategy: Prior to the start of the campaign, we will choose ten stores to represent both population dense areas and smaller communities to see each sales condition of them. During and after the campaign, we will monitor the sales to evaluate whether our campaign or other underlying factors are influencing sales in different regions. Rationale: The sales are a direct and effective way to examine the brand performance. Rationale: To obtain what consumers actually think about our brand and keep collecting their feedback are useful ways to understand consumer insights and maintain a solid relationship with them. This will also help us understand the effects, if any, that our campaign is having on consumers. Time: Brand performance will be monitored before, during, and after the campaign concludes. Time: Awareness assessment will be ongoing during the campaign. 26 Appendix Simmons Data 27 Ostrow Model 28 Flow Chart Jersey Mike’s Fresh. It’s a “shore” thing, 30 Ad$pender Jersey Mike’s Jimmy John’s Potbelly’s 31 Ad$pender Quiznos Arby’s 32 Subway References 1) Jersey Mike’s Franchise Systems, Inc., (2014). History. Retrieved from http://www.jerseymikes.com/history.php 2) Darren Tristano (2013, January), Subway Eats Competition’s Lunch. Retrieved from http://darrentristano.com/2013/01/17/subway-eats-competitions-lunch/ 3) Steve Raabe (2012, July), Denver-based Quiznos seeks recovery with new marketing strategy. Retrieved from http://www.denverpost.com/ ci_21025259/quiznos-recovery-new-marketing-strategy#ixzz2t4ySdf16 4) Published on July 8, 2013, ‘Meet America’s 25 biggest advertisers’. AdAge. Retrieved from 2013.http://adage.com/article/news/meet-america-s-25-biggest-advertisers/242969/?qwr=FullSite 5) QIP Holder, LLC. (2014). Who We Are. Retrieved from http://www.quiznos.com/About/Who-We-Are.aspx 6) Doctor’s Associates Inc., About Us. Retrieved from http://www.subway.com/subwayroot/About_Us/default.aspx. 7) Jimmy John’s Franchise, LLC., (2014). Company . Retrieved from https://www.jimmyjohns.com/company/ 8) Arby’s IP Holder Trust., (2014). About Arby’s, Retrieved from http://arbys.com/about-us 9) David Phelps (Jan 21, 2014), Arby’s turns to Fallon to revitalize its brand, Retrieved from http://www.startribune.com/business/241318251.html 10) POTBELLY CORP (PBPB) IPO, NASDAQ.com. Retrieved from http://www.nasdaq.com/markets/ipos/company/potbelly-corp-381367-73366 11) Hoover’s 33