Nashville Store Launch April 2013 by M4AS Media 1 Table of Contents Campaign Scope Executive Summary Situational Analysis Media Vision Media Menu Media Objectives and Metrics Flow Chart Flights Budget Summary Results and Measurement Meet the Team Let’s Get Weird Page 3 Page 4 Page 5 Page 15 Page 16 Page 18 Page 19 Page 20 Page 24 Page 25 Page 26 Page 27 2 Campaign Scope Since opening its doors in 2007, Big Top Candy Shop has satisfied the cravings of local residents and tourists visiting Austin’s eclectic South Congress Avenue. Owner Brandon Hodge’s creation features an enormous selection of novelty candies, ice cream, and a working 50s style soda fountain, all set to a classic circus theme. Big Top offers their customers a diverse range of products and an experience that cannot be found elsewhere. Big Top Candy Shop hopes to repeat its success by opening up a new location in the Hillsboro Village area of Nashville, Tennessee. The demographic makeup of Hillsboro Village, along with its proximity to the downtown area and local universities, provides a familiar situation for Big Top’s newest venture. In order to generate awareness, create a loyal customer base in the niche market for novelty candies, and establish communication with this loyal customer base, Big Top is budgeting $75,000 towards a multimedia campaign. 90% of this budget will be spent on measurable media vehicles. The campaign will begin in May of 2013 and concludes in December. 3 Executive Summary M4AS Media has developed a media plan that will create and sustain relevance for the specified target market of college students, young professionals and parents ages 20-40 years old engaged in the Nashville community. Our media will be centralized in the Nashville metropolitan area, including Hillsboro Village and the Broadway entertainment district to be sure that our target will be reached in a way that is sustainable and long lasting. The new store location in Nashville will place Big Top in direct competition with other local candy shops and eateries. Big Top Candy Shop will continue to strive to maintain its out-of-the-ordinary atmosphere and provide an extensive variety of candies and sweets. Moreover, Hillsboro’s community attracts a customer base similar to the Big Top location in Austin that includes both young professionals and local college students. Big Top will penetrate the Nashville market by incentivizing consumer engagement via sales promotions and events, drawing attention to its zany personality and wide selection of sugary delicacies. Since this plan is limited to eight months, this campaign focuses on creating and sustaining customer loyalty in Nashville. Within the given budget, money will be allocated to Guerilla, Out-of-Home, Social Media, Online, Print, and Radio. The following recommendations made by M4AS Media will create a comprehensive and effective strategic media plan. M4AS Media is committed to the successful opening of Big Top Candy Shop in Nashville and creating a strong core consumer base for future endeavors. 4 Big Top’s Brand Product • • • • • Price • • • • • Place Promotion • • • • • • Big Top Candy Shop sells all types of candy and sweet treats, ranging from brand name to novelty, bulk and pre-packaged. Big Top Candy Shop has more than six million combinations of authentic, hand-jerked sodas from the in-house old fashioned soda fountain and other specialty items such as house-made truffles and special chocolate covered bacon. Big Top Candy Shop offers 300+ types of bulk candy, which is priced by the ¼ lb as well as 2,000+ types of wrapped and pre-packaged candy. Customers are able to call to check for a specific type of candy type or availability before coming to Big Top Candy Shop. Big Top Candy Shop also offers “Out-of-town” gift-baskets themed towards the city as well as a family-friendly atmosphere including Calliope music, carnies, the occasional live music and Steampunk Sideshows. Customers can also choose from a selection of Blue Bell Ice Cream as well as homemade shakes, floats, malts, spiders sundaes and splits. Rock Candy, Jelly Beans, Taffies, Hard Candy and Gums, Chocolate Candy and Gummy candy are all sold in bulk, ranging from $1.07- $2.27 per ¼ lbs. Handmade Truffles range from $2.47 to $3.77 per ¼ lbs. Soda: $1.77. Shaved Ice: $1.77. Italian Cream Soda: $1.97. Egg Cream Soda: $2.77. Float: $3.77. Shake or Malt: $4.77. Banana Split: $4.77. Ice Cream Single: $2.17. Ice Cream Double: $3.17 T-shirts sell for $20 and a 20 lbs. Hershey Bar is on sale for $59.97. 300+ types of bulk candy which is priced by the ¼ lb and 2,000+ types of wrapped/pre-packaged candy. Customers can call to check availability for a specific type of candy type or request Big Top to help with ordering. The original Big Top Candy Shop is located 1706 South Congress Avenue, Austin Texas, 78704. The anticipated location will be Hillsboro Market at 21st Avenue South in Nashville, TN. Sunday-Friday: 11:00 AM-7:00 PM. Saturday: 10 AM-8:00 PM. Also stated to be “open until we close”, implying that they are willing to stay open a little longer during the day if there are still plenty of customers. Big Top Candy Shop has been featured online on multiple online media including 365thingsaustin.com, Yelp, Travel.usatoday.com, austinchronicle.com, Austin.culturemap.com, delish.com, Austin.citysearch.com, chowhound.com, openhourz.com, and gogobot.com. The social media that Big Top Candy Shop participates in includes Facebook, Tumblr, and Twitter. None of the pages are updated consistently, which could make it difficult for potential customers to get a good grasp of the business. The Facebook and Twitter accounts include business announcements such as hiring notices and store hour changes and notices for events that Big Top is associated with, as well as the introduction of new product options. Facebook offers more in-store pictures. Tumblr is used as a website, containing links to Facebook, Twitter, and About and Frequently Asked Questions pages. 5 Nashville Geographic Profile Market Segmentation 37212 Zipcode - Hillsboro Village Hillsboro Village is an older part of Nashville, located close to Vanderbilt University. It has a merchant vibe, with art galleries, funky eateries, theatres, salons, and boutiques and is known for its fun atmosphere. Who Lives in Nashville Young Professional High-income urban singles. Big spenders with a higher-than-normal living cost, most are college-educated and have management professions. Plucky Parent Lower-income single parents, a majority of which are female. Home-renters with at least a high-school education. Sprightly Student College or graduate students attending the local universities like Vanderbilt University and Belmont University. This area is made up of the above market segmentations. Although there are a substantial amount of older people, the majority of the population is young, with the median age at 34. The following data shows that many inhabitants are students, with Vanderbilt University nearby, and young professionals who have a higher than average income. 55% of the population 25 and older have a college or master’s degree or some college. Davidson is also the largest metropolitan area in a 5-state region. Demographics http://www.stationindex.com/tv/markets/Nash ville http://nashville.about.com/od/newspapers/Nas hville_Newspaper_Resources.htm http://nashville.areaconnect.com/statistics.htm http://quickfacts.census.gov/qfd/states/47/475 2006.html http://hillsborovillage.com/ http://www.zillow.com/local-info/TN-Nashvillepeople/r_6118/ Nashville, TN Population: 6,399,787 Male: 48.7% Female: 51.3% Median Age: 33.9 Median Income: $43,989 Households: 2,497,997 Average Household Size: 2.5 Average Family Size: 2.96 Demographics White: 75.7% American Indian: 0.3% African American: 16.1% Store Zip Code Population: 20,148 Male: 47.6% Female: 52.4% Median Age: 23.3 Median Income: $49,307 Households: 7,194 Average Household Size: 1.87 Average Family Size: 2.8 Demographics White: 79.7% American Indian: 0.70% African American: 12.6% 6 Media Newspaper The Tennessean The City Paper The Nashville Pride Nashville Business Journal Nashville Scene The Tennessee Tribune The Vanderbilt Hustler Magazine Nashville Lifestyles Nashville Parent N Focus (Nashville) Greater Nashville – House & Home & Garden Tennessee Alumnus Nashville Business Journal http://www.stationindex.com/tv/markets/Nash ville http://nashville.about.com/od/newspapers/Nas hville_Newspaper_Resources.htm http://nashville.areaconnect.com/statistics.htm http://quickfacts.census.gov/qfd/states/47/475 2006.html http://hillsborovillage.com/ http://www.zillow.com/local-info/TN-Nashvillepeople/r_6118/ Radio WFSK – Fisk University WMTS – Middle Tennessee State University WNAZ – Trevecca Nazarene University WPLN – Nashville Public Radio WRVU – Vanderbilt University WJXA – Mix 92.9 FM WSM – 95.5 The Wolf WSIX – 98 WSIX – The Biggest Hits The Biggest Stars WKDF – 103 The Cutting Edge of Rock WNRQ – 105.9 The Rock – Nashville’s Classic Rock Station AAAA – Green Habbo WSM – 650 WSM – Nashville’s Country Legend WENO – 760 AM – Nashville’s Christian Talk WCOR – AM 900 – Real Country WYFN – Bible Broadcasting Network WNSG – 1240 AM – Nashville’s Sound of Gospel WNQM – Nashville’s Quality Ministries WNAH – A Household Name in Nashville for 54+ year WLAC – Tennessee’s News Traffic and Weather Station Television WKRN-Young Broadcasting WMSV- Meredith (NBC) WTVF-Landmark Communications (CBS) WNPT- (PBS) WZTV-Sinclair Broadcast Group (FOX) WCTE-(PBS) WNPX-Ion Media Networks (ION) WUXP- Sinclair Broadcast Group (myTV) WJDE-LD-South Central Communications (HSN) WHTN- Christian Television Netwrok (CTN) WLLC-LP-JKB-Associates (Inimas) WPGD- Trinity Broadcasting Network (TBN) WNAB- Lambert Broadcasting Group (CW) WJFB- Bryant Broadcasting (Shopping) 7 Nashville Business Competitors Rocket Fizz Soda Pop & Candy Shop Company Information: First started in Camarillo, CA in February 2009. Now there are 31 store locations across the mid-western U.S. Each store is independently owned and operated. Company system: Franchise Nashville store: Opened on April 29th, 2012 Location: Located in downtown area. 3 miles north of Big Top’s new store (201 2nd Ave N Nashville, TN 37201). Brand: Iconic old fashion candy store, known for creating a memorable and magical experience Products: Large selection of soda pops and unique candies. Theme: 50’s vibe surrounded by childhood memories of music, light, and old school concert posters National Press: Featured in “Kids in a Candy Store” on Channel 4, 5. Showcase on TV show “ The Price is Right” Blogs Social Media: Facebook: Use to Inform customers of new candy and soda flavor and public events. Twitter: Direct interaction with followers and potential customers. Diana’s Sweet Shoppe Company Information: Opened in 1926 in Port Huron, Michigan. Diner-style restaurant. Company System: Locally-owned store Location: 318 Broadway, Nashville TN 37201. (2.5 miles away from BT’s new store). Brand: Old-fashioned diner and ice cream store noted for its nostalgic aura. Products: Full service lunch and dinner menu, diner staples - sandwiches, salads, soups, ice cream, shakes, sundaes, pre-packaged candies and chocolates. Theme: Old-time diner. 1900-style architecture, booths for guests. National Press: Featured in the Nashville Scene, Nashville Business Journal, the Times Herald, Fox 17 News, and AllAccess.com. All press published 2-3 years ago according to website. Social Media: No Facebook found. Twitter account: @DianasNashville 8 Target Market Background Location and Income Lifestyle, Interests, and Causes The location of the shop will be at 21st Avenue South in the neighborhood of Hillsboro Village. The area has a high walkability index and is well know for the popular shopping and entertainment district. It is adjacent to Vanderbilt University, Belmont University, and Music Row. Downtown is approximately 5-7 minutes away. The Hillsboro Village area, 37212 and surrounding zip codes are home to the middle and upper middle class income, young professionals, and college students. Many singles live in this area and the majority of the households have children. This area attracts a number of people for the universities and the atmosphere of the village. This group enjoys activities that revolve around the vibrant music city and social interaction. They appreciate the unique atmosphere of Hillsboro Village, with its high walkability, great shopping, and local restaurants. Additionally, the Village tends to be more family-friendly due to the amount of individual houses available around the area. This group of people are looking to leave the house and stroll around the lively area. Proposed Target Market An appropriate Target Market proposed by M4AS media includes the following: • Young professionals, households with children, and singles ages 20-40 • Middle to upper middle income of $35,000 and above • Live or study in the Hillsboro Village area and surrounding universities • Avid candy lovers • Are enthusiastic of nostalgic, old timey stores, looking to explore and enjoy a nice day of walking, socially interactive, and support local businesses 9 Strengths Paramount Service Nostalgic Vibe Integrated Product Offering Insurmountable Selections Eccentric Employees Big Top prides itself for carrying over 300 types of bulk and over 2000 types of pre-wrapped candies, in addition to house made delicacies. Even with this vast selection, Big Top is willing to check on availability and pricing of candies for customers via phone or in store, in addition to helping customers get any candies not stocked in store or have discontinued production. The old timey circus theme and decorations remind customers of their childhood. The nostalgic aura of Big Top would fit into and enhance the overall antique feeling that Hillsboro already has. The combination of candy, novelty sweets, authentic old-fashioned sodas and drinks, and ice cream creates a one-stop-shopping experience to satisfy any sweet tooth. From the wide variety of sodas from the old fashioned soda jerk, to the house-made chocolate bars, to the endless stock of packaged candies, Big Top’s assortment offers everything a true candy lover could want and more. Friendly employees completes the odd-ball circus atmosphere, making Big Top a unique experience in excellent customer service. 10 Weaknesses Local Business Reputation Austin and Nashville are big supporters of local businesses. In the Austin community, Big Top is revered as the finest candy shop in all of Austin, providing the city a peek into the world of circuses and sideshows. As a new store in Nashville, Big Top will be competing with established local institutions such as the Rocket Fizz Soda Pop & Candy Shop and Diana’s Sweet Shoppe. Adapting to the Nashville community by hiring local employees and participating in the various events put on year round in Hillsboro will help Big Top acclimate itself into the Nashville business community. New Brand Like all new businesses, Big Top will have to build from the ground up. In Nashville, we aim to gain basic awareness and build full-fledged brand loyalty. The media plan will help satisfy these requirements. Hours of Operation The late-night atmosphere in Nashville’s Hillsboro Village may conflict with Big Top’s early closing hours. Since Hillsboro is a late-night entertainment district, Big Top would most likely need to alter or extend their closing hours and hire more employees, especially for busy weekend nights. 11 Opportunities Local and Tourist Destination Local Events Inspire locals and tourists to view Big Top as a destination to experience an authentic candy shop experience. We will reach out to local and visiting communities to stop by Big Top to entertain their inner child and satisfy their sweet tooth. Big Top has already made a home for itself in the Austin community. Big Top will have the chance to make a home in Nashville with the many community events that Hillsboro Village puts on annually, such as the “Christmas in the Village” local merchant showcasing festival. At such events, Big Top will have an opportunity to let potential customers sample select menu options as well as learn more about the Big Top brand. Low Cost of Living Nashville has one of the nation’s lowest costs of living, consistently ranking below the national average. The city has some of the most favorable conditions for high disposable incomes relative to costs. This means that luxuries such as the sweets offered at Big Top Candy shop will be affordable and financially obtainable for customers. Business Affordability With its low cost of living and extremely low business costs, Nashville is an area of the country that is majorly populated with small businesses. According to Kiplinger, Nashville ranked in the top 10 Great Cities for Starting a Business due to low costs and high level of start-up investment dollars. http://www.kiplinger.com/slideshow/business/T 006-S001-10-great-cities-for-starting-abusiness/index.html 12 Threats Local Competition Nashville already has a considerable amount of candy stores established in its various communities. Most notably, Diana’s Sweet Shoppe is known for having a similar “nostalgic” atmosphere and has been a Nashville institution since the 1920s. Big Top will need to establish its niche in the Nashville market, most likely targeting some of the same customers that frequent Diana’s. Economy The average household income in Nashville has been on a steady decline since 2007. Due to this fact, discretionary spending for those in our Nashville market have also declined, meaning people have less money to spend on luxuries like candy. However, the competitive prices offered at Big Top will help entice money conscious candy lovers into the store. Location Store Competition Since Hillsboro Village has a high concentration of full service restaurants, consumers may choose a more substantial food option over sweets. Big Top must take this into consideration and establish itself as a treat, whether it is after a full meal or just as a spontaneous purchase. Insubstantial Foot Traffic The potential location of Big Top could be in an area where the large amount of foot traffic that Hillsboro Village is originally known for is considerably lower. If that is the case, bringing in the appropriate amount of new and returning customers could be a bigger challenge than expected. In order to remedy this potential issue, Big Top must brand itself as a destination in Hillsboro Village. 13 Know Your Candy, Love Your Candy Strengths Weaknesses • Paramount service • Local business • Nostalgic vibe reputation • Integrated product • New brand offering • Hours of operation • Insurmountable selections • Eccentric Employees Opportunities • Local and tourist destination • Local events • Low cost of living • Business affordability Threats • Local competition • Economy • Location store competition • Insubstantial foot traffic 14 Media Vision Big Top Candy Shop is more than your typical candy shop. It prides itself on its nostalgic circus-themed ambiance, superior selections of sweet treats, and excellent customer service. What truly distinguishes Big Top from so many other candy stores is their fearless, undying commitment to candy attracting candy lovers of all ages. M4AS Media will build off of Big Top’s zany atmosphere, enhancing the overall experience the candy shop is known for and making Big Top the ultimate candy destination in Nashville. We will be utilizing Social Media and Online advertising to promote our various guerilla marketing events, and to build customer loyalty and interactions with the brand. In the attempt to capture Big Top’s distinctive brand personality, we will concentrate the majority of our budget on Out-ofHome media in order to create the level of spectacle worthy of Big Top. Radio and Magazine will be used to specifically target our demographic ages of 20-40 years old. 15 Media Menu 16 Media Menu 17 Media Objectives and Metrics Phase 1 Media Objective: Raise Awareness and Customer Base Metrics • To achieve a 30% awareness of the Big Top name and location across the recommended in the determined trade area and surroundings • Establish a loyal customer base of at least 100 Strategy • Utilize out of home advertising to gain name recognition across Nashville and more specifically, Hillsboro Village • Host promotional event to engage local residents and spread word-of-mouth across region • Social media contests and giveaways to enhance customer loyalty and interaction with the brand Phase 2 Media Objectives: Increase Customer Loyalty and Purchases Metrics • Achieve average transaction rate of $8.50 • Increase loyal customer base to at least 500 • Obtain 1000 “likes” on Facebook Strategy • Unroll customer loyalty program which rewards customers who shop often and spend over $10 per transaction • Target local parents through magazine advertising to increase purchase sizes • Advertise to Vanderbilt students returning from summer break to increase Facebook following Phase 3 Media Objective: Increase Traffic and Retain Customers Metrics • Obtain 1150 visitors per week • Reward 25 customer loyalty cards per month Strategy • Capitalize on December holiday season by ramping up spending on targeted poster ads and magazine • Hold haunted house event to create buzz and generate traffic during the week of Halloween 18 Flow Chart/Schedule Media Plan 19 Flight 1: May-July 2013 “All About the Grand Opening of Big Top Candy Shop” The goal of this first flight is to build our customer base and create awareness about Big Top Candy Shop through our Grand Opening Circus Carnival event. Our objective is to position Big Top as an eclectic and nostalgic candy shop experience, where both the young and the young at heart can find the sweets of their dreams. We will promote Big Top Candy Shop as having the largest selection of candy and novelty sweets in the Nashville area, calling attention to our 300+ types of bulk candy and over 2000 wrapped candies, as well as our Italian sodas, ice cream sundaes, egg creams, and truffles. Candy-enthusiasts can travel back in time with our funky circus atmosphere and engage with our friendly staff as they order a handmade, timeless treat. We are allocating 48.6% percent, which is $36,447.42 of our budget to this flight, because it is important to focus a significant portion of our budget on getting the word out about Big Top Candy Shop. The strategies below are crafted to bring attention to Big Top Candy Shop’s debut into the Nashville area and begin to compile a strong customer base. Impressions=3,233,034+ Guerrilla: Big Top Candy Shop will host a Circus Carnival as its Grand Opening event. We estimate 20% of the Hillsboro Village population, which is about 220 people, will attend the carnival, which will be held underneath a circus tent in the store. Featuring the Nick Carver Band, a well-known Nashville cover band, the event is family-friendly and will include a multitude of activities, such as face painting and circus-themed performers. Ice cream sundaes from the store as well as bulk candy will be sold and attendees will receive a ticket to get 15% off any purchase $10 or more inside the Big Top store. With this Grand Opening event, we aim to introduce the Hillsboro Village community to Big Top by offering a fun event that allows consumers to try our products and provides an incentive to visiting the store. This will cost Big Top Candy Shop $2,968.38. Impressions=220+ Out of Home: To promote the Circus Carnival Grand Opening event and to announce Big Top Candy Shop’s presence in the Nashville area, advertising displays will be placed on city buses as well as two posters in the Hillsboro Village area and two posters in the Broadway area near competitor Diana’s Sweet Shoppe. This will target our audience which includes young professionals, parents, and singles ages 20-40, who already frequent the Hillsboro Village outdoor area and surrounding universities and give consumers an alternative to Diana’s. By purchasing 2 bus wraps and 4 posters over the course of three months, Big Top Candy Shop will be spending $32,800. Impressions=5,043,600 Social/Internet: Big Top’s online efforts will include social media outreach on Facebook and Twitter, which will consist of promotion through Facebook candy-themed trivia contests and a secret product giveaway on Twitter. The first person to answer a trivia question on Facebook will receive a $10 gift card to Big Top, ensuring interaction between Big Top and its customers. Big Top will also offer a secret flavor or type of product and will advertise 50 of these products for free on Twitter; the customer will have to cite a secret word to claim their prize. Big Top will utilize Google AdWords to target the following search terms: “candy shop”, “candy store”, “chocolate”, “candy”, and “Hillsboro Village”. These efforts will cost Big Top Candy Shop $679.04. Impressions=814+ 20 Flight 2: August-September 2013 “All About the Target Consumer” After the awareness building efforts of the first two months are completed, Big Top will focus on strengthening its core customer base. We will accomplish this by directing ads toward our target market and emphasizing a rewards program which incentivizes customers to visit Big Top more often and purchase more at each visit. The Facebook trivia promotion will continue to retain brand engagement between Big Top and its core clients. Big Top will also take full advantage of its proximity to local universities, targeting students returning for the fall semester through Facebook advertisements. The total Big Top cost of Flight 2 will $12,543.32. Impressions: 1,768,754 Guerilla - Customer Punch Cards Rewards Program: Big Top will unveil a customer rewards program in order to bring loyal customers to the store more often and have them spend more with each visit. Employees will offer customers a punch card when checking out at the register. Each time a customer spends over $10 on a purchase, they get their card punched. After five punches, the customer receives their choice of either a free pound of candy or a free ice cream treat. This promotion will run indefinitely. We expect it to increase the average transaction to $8.50. 2000 punch cards for the rewards card will cost Big Top $82. Impressions=2,000 Magazine: During the months of August and September, Big Top will take out three full page color advertisements in Nashville Parent magazine—two in the August issue and one in the September issue. The magazine, which has a circulation of 40,000 across the Nashville DMA, will reach the parents section of the demographic. This will also lead to a higher average purchase as parents are more likely to spend more when shopping for the rest of the family. 3 Pages of Full Color Ads in Nashville Parent Magazine will cost Big Top $7,710. Impressions=120,000 Social/Internet: With students returning for the 2013 fall semester, Big Top will purchase Facebook advertisements targeted at Vanderbilt students in order to generate traffic from the large population in nearby walking distance. The campaign will also aim to increase “likes” on the Big Top Nashville Facebook page to 750 which will allow Big Top to communicate with these customers on a frequent basis. Facebook ad, continued Google AdWords and two months of social media will cost Big Top $1,251.32 Impressions: 2,814 Online: We will also target returning college students through InsideVandy.com and the site’s mobile app, with 1 leaderboard ad that lasts for 2 months and a mobile app that lasts for the fall semester (August to December) InsideVandy.com and mobile app advertising will cost Big Top $1,100. Impressions: 120,000 Out of Home: While focusing on reaching target customers, it is in Big Top’s best interests to continue increasing awareness and bringing in customers. For this reason, Big Top will spend $2400 on 3 poster ads, 2 in the Hillsboro Village area and 1 in the Broadway area to bring customers into the store who are shopping or running errands at other stores nearby. The poster ads will focus on the soda fountain, as shoppers in the hot months of August and September will be looking for something to cool down. Impressions=1,523,940 21 Flight 3: October 2013 “All about Halloween-Kicking of the Holiday Season with a Fright Night” At this point in the media plan, M4AS Media is looking to capitalize on the timing of Halloween, a holiday associated with the action of giving away candy, and the idea that we are working on keeping the Big Top brand name in mind for all holiday candy purchases. Keeping Big Top Candy Shop relevant in the minds of consumers will allow the Halloween Holiday to be successful. By the end of this flight, we will have rejuvenated awareness for the Big Top brand name to last through the last flight of our media plan. Through this, we will be retaining enough customers to fulfill our media and advertising objectives of 30% awareness of the Big Top brand. We are using $6,782.72 of our budget, which is 9.04% our total budget. Impressions=471,498.41+ Guerilla Marketing: To foster a connection between Halloween’s use of candy and the candy available in Big Top, we plan to hold a Haunted House event in Big Top on Saturday, October 26 th. This event will be employee-operated, and will require the purchase of decorations and the cost of candy given away through product integration inside the haunted house. For example, throughout the haunted house, various Halloween related candy will be available for sampling. At the end of the Haunted House, customers will be given a coupon deal for 10% off their next Big Top purchase of 10 dollars or more (valid for the next month), in order to inspire return visits. The number of coupons redeemed will measure the events effectiveness. The total cost for guerilla marketing is $3,200. Impressions=220+ Radio: The Haunted House event will be marketed using morning and afternoon radio 3 times each morning and afternoon for the five days leading up to the event. It is our aim that these radio spots will reach the young professional market and the young parent market and will entice those consumers to attend the Haunted House event. The total cost for radio will be $2,555. Impressions=468,464.41 Social/Internet: In addition to the social media advertising for our end of month Halloween Haunted House, social media will also have a role in keeping our followers engaged and interested in Big Top. Through Holiday themed trivia and giveaways, customers will be interested and engaged in Big Top products. Facebook ads, other Social Media venues, and Google Adwords will be used to advertise the Haunted House event. The total cost for Social Media/Internet will be $1,027.72. Impressions=2,814+ 22 Flight 4: December 2013-January 2014 “All about Christmas & Valentines Day” The fourth flight will continue to use some of the media and promotional efforts established in the third flight. In this flight we would to continue to position Big Top as the place to shop for candy at the holidays by tapping into the population of singles and young parents that are gift-buyers in our target market and heavily promoting Big Top as the ultimate one-stop candy shopping experience during the holidays. This flight will cost $14,081.26 and occupy approximately 18.6% of the Big Top budget. Impressions=1,640,994 Out-of-Home: Big Top will purchase poster space in Hillsboro Village during this flight. In purchasing this space, we aim to target customers who are looking for a solution to holiday gift giving needs, offering them a solution in Big Top’s special holiday gift baskets. We will purchase five poster spots on 21st S. Avenue, for a total cost of $8,000 for three cycles. Impressions=1,599,290 Social Media/Internet: We will continue to capitalize on our target market’s avid use of the Internet by promoting through social media and online advertising. Big Top will retain customer engagement through our Facebook trivia game that aims for customers to interact with the brand, drawing them into the store to claim prizes. Our Twitter postings of secret daily flavors will continue to draw customers into the store to receive the limited-time treat. We will budget $100 a month for these efforts. Our Google AdWords budget will increase to $420.36 in order to make Big Top among the top results for people in Nashville searching for ways to fulfill gift-giving needs. Online efforts in social media and internet advertising will cost Big Top $720.36. Impressions=1,334 Magazine: In order to reach the parents in our target market seeking to fill stockings and Valentines goodie bags, Big Top will advertise in Nashville Parent magazine during the holiday season. Consumers tend to shop more during the holiday season, causing them to be more receptive to gift-giving advertising messages. Big Top will spend $5,140 on two, half page four-color advertisements in Nashville Parent. Impressions=40,000 Guerilla: Big Top will host a booth at the “Christmas in the Village” merchant-showcasing event held in Hillsboro Village. We will sell a small assortment of candies both sold and made at Big Top and business cards to keep Big Top at the top of mind for candy shopping at the holidays. Renting a table for the merchant-showcasing event and ordering 2,500 business cards will cost Big Top $220.90. Impressions=370+ 23 Budget Summary Medium Guerilla Cost % of Budget $6,471.28 8.63% $43,200.00 57.60% Online $1,100.00 1.47% Social/Internet $3,678.44 4.90% $12,850.00 17.13% Radio $2,555.00 3.41% Contingency $5,145.28 6.86% $75,000 100% OOH Magazine Total 24 Results and MeasurementImpressions by Medium Medium Guerilla # Impressions % Impressions 2,810 0.03% 8,166,830 91.50% 124,962 1.40% 2,814 0.03% 160,000 1.79% Radio 468,464.41 5.25% Total 8,925,880.41 100% OOH Online Social/Internet Magazine 25 M4AS Media—Meet the Team Ally Antonvich Meredith Englehart Michelle Blam Melody Chen Morgan Ford Matt Coonan Sara Gordon 26 Let’s Get Weird! M4AS Media’s strategy for Big Top Candy Shop will direct efforts to the target market in Nashville in order for the company to extend its brand to a new geographic area. In order to capitalize on the reach and frequency of Big Top’s message and to communicate with the target market, a large portion of the budget will be allocated to Out-of-Home, Social Media, and Guerilla marketing. M4AS Media is confident in our media plan and the prospects of our strategy to promote Big Top as the next success story in Nashville. With the Grand Opening only weeks away, it’s time for us to pump ourselves with sugar and get excited for Big Top’s Nashville debut. 27