Documentos de Académico
Documentos de Profesional
Documentos de Cultura
BLUE
Advertising Plan
Deltac Corporation
Dwight Donahue
Emmanuel Marcos
Leslie Marvin
Talia Rossi
And
Corrine Hubbard
T ABLE
OF
C ONTENTS
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Contents
A GENCY P HILOSOPHY ................................................................................................. 3
E XECUTIVE S UMMARY ................................................................................................. 3
R EVIEW OF M ARKETING P LAN .................................................................................... 3
C OMPANY S NAPSHOT ................................................................................................. 5
P RODUCT R EVIEW...................................................................................................... 7
C OMPETITIVE R EVIEW ................................................................................................ 7
B UYER A NALYSIS ...................................................................................................... 10
SWOT...................................................................................................................... 11
M ARKETING G OALS .................................................................................................. 12
T ARGET M ARKET ...................................................................................................... 12
P ROMOTIONAL P ROGRAM S ITUATION A NALYSIS......................................................13
P OSITIONING AND C AMPAIGN T HEME .......................................................................14
C REATIVE R ECOMMENDATIONS .................................................................................15
A DVERTISING M EDIA R ECOMMENDATIONS ...............................................................17
S ALES P ROMOTIONS R ECOMMENDATIONS (C ONSUMER )..........................................17
S ALES P ROMOTIONS R ECOMMENDATIONS (T RADE ).................................................18
D IRECT M ARKETING R ECOMMENDATION ...................................................................19
I NTERNET /I NTERACTIVE R ECOMMENDATIONS ...........................................................20
P UBLIC R ELATIONS R ECOMMENDATIONS ..................................................................22
B UDGET S UMMARY ................................................................................................... 22
T IMETABLE ................................................................................................................ 23
C ONCLUSION ............................................................................................................. 23
AGENCY P HILOSOPHY
Deltacs mission is to promote fast, reliable, and easy comfort for a regular household product.
This includes combining different systems: alarm clock, radio, wireless charging station, online
streaming holographic monitor, and lamp light into one convenient product that puts all
consumer needs in one place, BLUE. BLUE also incorporates built in lights that prevent the
overuse of blue light which can reduce the levels of melatonin produced that all people require
for sleep. The philosophy behind this approach is to create a product that can safely sit beside the
consumers bedside and promote restful sleep as opposed to competitor brands.
EXECUTIVE S UMMARY
BLUE is a unique and innovative device that converges several technologies into one convenient
package. The primary consumer target market for BLUE are college students, with young adults
between the ages of 20-30 being a secondary target market. While the focus of this product is on
consumers, some trade target markets include colleges and universities (to further reach students)
as well as offices and other large modern organizations. The time period of this plan is set in
2017-2018. Specifically, back-to-school promotions span through June to August and holiday
promotions are taking place in November. Evaluation will take place in October and January for
each respective campaign. Primary mediums that are planned to be used include internet
platforms such as a product website, Facebook, Twitter, Instagram, and YouTube. Additionally,
television, radio, and in store advertising will be used. The main objectives of this plan are to
increase awareness of BLUE to the target market, gain a 10% market share within the 3rd
quarter, and help the product evolve from the introduction stage into the growth stage. Our
slogan is BLUE lets you be you. The budget for this plan is $500,000 and broken down as
follows: $225,000 toward social media ads (45%), $100,000 toward YouTube ads (20%),
$75,000 toward PR costs (15%), $50,000 toward print/instore ads (10%), and $50,000 toward
radio ads (10%).
Microenvironment Factors and Issues: A lot of the projectors are used in schools. Sometimes
they dont always work. Most of the video projectors are not good for the eyes when watching
for a long time. Bulbs eventually burn out and are expensive to replace.
Anybody can use a projector, especially the younger generation. A lamp projector will be an
innovation to the market in the USA.
COMPANY S NAPSHOT
Brief Sketch:
see, buy, and review the product will use all sorts of media to replay the benefits BLUE brings to
the target market.
Resources
Some resources include partnerships with different companies to help promote the product,
different agencies that can make BLUE for a reasonable price, and research teams that continue
finding new ways to update/renovate the product for the consumers wellbeing.
Organizational Structure
A formal system of task and reporting relationships that coordinates and motivates organizational
members so they work together to achieve organizational goals. Deltac will promote the use of
Product Structure, which is when managers place each distinct product line or business in its own
self-contained division. Divisional managers then have the responsibility for devising an
appropriate business-level strategy to allow the division to compete effectively in its industry.
This will promote effectiveness and efficiency throughout the company as industry goals are
being met and spread throughout the market.
Product Line
The company's product line will be structured around a Product Team Structure. This is when
employees are permanently assigned to a cross-functional team (a group of managers brought
together from different departments to perform organizational tasks) and report only to the
product team manager or to one of his direct subordinates. Benefits of this type of system is it
increases communication between employees and managers in order to ensure company
standards and goals are being met.
Sales History
BLUE is a new product that is already getting great reviews. Customers are enjoying the many
different features this product has to offer as well as the multiple systems tied into one
conveniently designed bedside lamp.
Target Markets
College Students
People in their early 20s
People living in small living quarters
Market Shares
Deltac is invested within Ikea to promote and sell the new product. This also means Deltac has a
share within the company and profits from any sales distributed from Ikea itself. However,
because BLUE has multiple features that incorporate different brands within the product, Deltac
will also have shares from Netflix, Hulu Plus, Amazon Prime, and Pandora.
Positioning
Deltac will advertise BLUE through social media (Facebook, twitter, Instagram) and YouTube.
This way, the company will reach their main target audience through the most used medium for
message delivery. Social media also allows consumers to like or share the product with friends,
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family, and the public. This way, a wide range of people can be reached within the convenience
of the internet on any device (laptop, cellphone, TV). Once the marketing plan is in motion for
social media, Deltac will also be able to market their product through Ikea itself. This means in
store advertising, coupon booklets, brochures, and so much more.
Current Marketing Mix
Price: $400
Product: BLUE, a bedside lamp with multiple features including holographic format for
watching television, wireless charging stations, radio, and light.
Promotion: Social media (Facebook, twitter, Instagram) and YouTube, website, television, radio,
and in-store
Place: BLUE will be sold in Ikea and can also be found on the company's website
PRODUCT R EVIEW
BLUE is an innovative technology that doesnt have to look like a piece of technology. At first
this product looks like an ordinary lamp but has technology that allows it to be more than just a
lamp. BLUE has an innovative hologram screen that allows the consumer have many different
functions.
BLUEs capabilities include the following,
Digital TV
YouTube
Netflix
Hulu Plus
Other Partnering streaming video sites
clock/alarm clock
AM/FM radio
Docking systems for IPhone and Android to play music or charge
Other apps available for this technology
With all of these functions the best feature that is offered is the being able to declutter a
small space by having one lamp that can function as a multipurpose item. BLUE eliminates
needing to have separate phone charger/docking speaker system, alarm clock, radio, lamp, TV,
all on a desk or bedside table. The hologram is easily moved around to create a customizable
screen where you want it. The screen is there when you want it, and then gone when you are
wanting tranquility and simplicity. Having a non-clutter space allows for a person to think
clearly when they just want to have distractions.
For those who like to have a TV in the bedroom BLUE has the leading innovative blue
light technology the hologram screen will not harm your sleep patterns like an ordinary TV can.
The screen will take the blue light out of the screen that can cause issues when a person is trying
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to sleep. The blue light technology will help consumers fall asleep without being disturbed by
their TV.
COMPETITIVE R EVIEW
Roku held a large share of the market in 2012-2013 but in 2014 things are looking much more
like a stalemate between each of the companies. This may be due in fact to low product
differentiation among each of the brands.
Target Markets
Roku $50 Stick / $99.99 Media Player
College Students
Headphone jack within the
remote so roommates arent bothered
Mid 20s adults
Comfortable with digital video
Lower income
Amazon Fire TV $39.99 Stick / $99-$139.99 Media Player
Casual gamers
Amazon Prime (instant video and music)
users
Apple TV 32GB$99 /64GB$199
Brand loyal Apple customers
ITunes library owners
ITunes app store gamers
Google Chromecast $35.00
Google Play Store users
Smart Device owners
Marketing Strategies
General Strategies
Sell the unit for a low price,
possibly even taking a loss, to encourage adoption of the product.
Because of the nature of the product, customers will then naturally
purchase subscriptions to different services and buy apps which
make up for the low initial product price.
Preload, promote, and
optimize 1st party applications. (The Amazon Fire TV will
encourage users to subscribe to Amazon Prime for example)
Offer multiple models with
varying capabilities, such as extra memory, 4k streaming, and
gaming. These multiple models also allow for different price
points.
Amazon Fire TV Strategies
Push: Amazon Prime.
Promotion: Alexa voice
controls, 4k video streaming (Especially 4k Amazon Prime)
Chromecast Strategies
Promotion: Free movie rental
on Google Play Movies with purchase of a Chromecast.
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Focuses on displaying
content from a connected smart device.
Choose the color of your
hardware.
Push: Google Photos, Google
Play Movies, YouTube (Google Plus integrated), Google Play
Music, Chrome.
Apple TV Strategies
Push: ITunes Library, ITunes
app store, tvOS, special interface, Siri remote, Siri voice controls.
Roku Strategies
Push: Popular services like
Netflix, Hulu, Pandora, etc.
Promotion: Voice controls.
Media Strategies
TV commercials
Online commercials
Competitor Strengths
Store).
Well known & established brands.
Competitor Weaknesses
Relatively low product differentiation across the board. (Our product differentiation is high). In
fact competitors seem to draw design ideas from each other, such as the current prolific
development of voice controls.
Relies on multiple hardware pieces to function (Television+Streaming Device+Other accessories,
whereas our product is an all-in-one device.) These hardware pieces take up more physical space
than our all-in-one product.
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BUYER A NALYSIS
Those that will use BLUE will be mainly college students who like to use technology
ranging in age from 18 to 30 years of age with a median wage who live in the United States,
specifically if they live decently close to an IKEA store. The user is also anyone who wants to
simplify his or her lives, or their space. Either the user has to live close to a store or be an online
shopper. During the introduction stage of the product life cycle the users will be early adopters
since the product will be a new idea.
The potential customer for BLUE is open to something familiar but new that allows them
to use the internet, radio, alarm clock, lamp, and wireless charging all in one device. At first the
people who make the buying decision will be early adopters who are willing to take a risk, but
later will be those who are more influenced by peer opinions. These will mainly be college
students and young adults who range in age from 18 to 30.
Friends, peers, online reviews, overall review score, personal opinion, and professional
opinion influence the purchase decision of a customer. The things that friends and peers say
about a product tend to greatly impact whether a potential customer is willing to buy the product
especially college aged students. Online reviews and overall review scores give other peoples
opinions and show whether a product can hold up in quality against multiple experiences.
Personal opinion of the potential end-user on features of the product can determine whether they
will buy the product as well. Professional opinion from people such as doctors about the blue
light usage matter to people as their opinion on the product can give or take from the products
credibility and worth in potential customers eyes. The customer will mainly be the student as
they most likely are the end-user. In some cases the decision to buy can be someone who wishes
to give the product as a gift to the end-user. BLUE has many features that when brought together
make a product that would help with simplicity and functionality of a room while having features
that are considered cool to college aged people.
SWOT
Strengths
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BLUE has unique features that make it stand out from its competition
Weaknesses
Highest prices in the industry (offers unique features)
Lack of first party apps
BLUE can only be found through IKEA, as it does not have enough credibility to launch as its
own existing product without the help of partners
Only promoted through social media and website, this leaves limited sales through other forms
of advertisement (*Introduction stage mediums)
Opportunities
New technology is a huge opportunity in the society we live in. Markets are always looking for
the next big thing that will make their life easier, or make their life more colorful.
People are always looking to simplify their lives and this lamp offers is an opportunity to do just
that. BLUE is able to combine several different pieces of technology into one rather than having
so many objects and things in one spot.
One of the first screens on the market that has blue light technology that wont disturb consumers
as they sleep
Apps will be available to customize BLUE to the way the consumer needs.
More Apps will be developed the longer BLUE is on the market
Threats
Market is already crowded with direct competitors.
New competitors, directly and indirect, rapidly entering the market.
Competitor product prices are significantly lower than our product.
Competitor brands are well known.
Wide variety of existing substitute products (Computers, Smart devices, Smart Tvs, Projectors)
as well as the development of new substitute products.
Other companies mimicking our product, lowering our products differentiation.
Protecting our technology, with patents, trademarks, copyright etc.
MARKETING G OALS
Sale volume: Sell 25% of our initial inventory by January 1st, after the two big promotions.
Market Share: The goal is to take at least 10% of the share market in the USA in the first 6
months.
Sales Revenue: The revenue sales goal is 30 % of each unit sold.
Profits: 50 thousand on the first quarter
Return on Investment: At least 5 times the amount that was invested at the beginning.
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TARGET MARKET
Segmentation Analysis
o Geographic Region Segmentation:
United States
Colleges and Universities
College towns/cities
o Behavioristic Segmentation:
Purchase occasion: This is a special occasion for the purchaser, as it is likely a first time purchase
and rarely a repeat purchase. The purchase is a sizable investment for anyone but especially
important to college students.
The purchase may be paid for by the user (college student), by the users parent or guardian, or
even be a joint purchase by two or more users (roommates/significant others)
The actual purchase transaction might be done by the users parent or guardian, in this case the
purchase likely is a surprise gift. (Back to school gift, holiday gift.) Or the purchase transaction
may be done by the user themselves, in order to select the product that they deem fits their needs.
User Status: Potential user/first time user
Loyalty status: Currently show no loyalty to our new startup company and new product. Some
customers may be loyal to IKEA however.
Readiness stage: Unaware of our product and its capabilities but aware of competitor products
and substitute products.
Marketing-factor sensitivity: The baseline price is arguably of most importance to our targeted
segment of the market as our market has a tight budget. However sales promotions in relation to
the price and/or bundling in additional value either directly related to the product (free-trials,
special downloads, reward programs) or directly relating to the market segments other interests
(Pop culture, celebrities, partying, etc.) are persuasive measures to impact the markets
sensitivity. Back to school and holiday sales promotions are included here.
o Psychographic Segmentation:
Societal Divisions: Millennials/ Generation Y
Lifestyle: Modern but frugal student lifestyle
Personality: Laid back, self-indulgent, convenience orientated, enjoys digital entertainment.
o Demographic Segmentation:
Age 20-30
Gender: Both male and female
Income: $10,000-40,000
Occupation: Students
Education: high school, some college, college graduates
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College Students
In fall 2015, some 20.2 million students are expected to attend American colleges and
universities (U.S. Department of Education, 2015)
Females are expected to account for the majority of college students: about 11.5 million
females will attend in fall 2015, compared with 8.7 million males. (U.S. Department of
Education, 2015)
Secondary Consumer Target Market
Young adults ages 20-30
Primary Business/Organization Target Market
Schools, offices, large organizations
(Schools will primarily be used to reach students, while some other businesses and organizations
may be marketed to as a secondary focus)
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connected device as well. It will be promoted using many mediums, specifically social media.
There will also be use of colleges, universities, radio, television, website, and in-store
promotions. The promotional mediums were chosen with the target market in mind and reaching
the objectives of the 2017-2018 campaign for BLUE as they are the most appropriate for the
target market and most wide reaching.
CREATIVE R ECOMMENDATIONS
Target Audience
College Students
Students that are living in tight quarters like dorm rooms or apartments where space is limited
20s and Young Adults
Young adults living on their own also living in tight spaces where efficient use of space is
needed.
Advertising Objectives
To increase awareness of BLUE to the target market.
Introduce product to the target market as well as possibly discover any new or different markets.
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Objectives
Create value in the mind of consumers by portraying BLUE as a fun, convenient, and savvy
entertainment device.
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Techniques
Commercials featuring: smiling young adults lying in bed propped up on pillows, sitting on the
couch, showcase popular movies and television shows, feature a hit pop song, the setting is in a
neat (not so neat?) college dorm room or apartment.
Showcase the elimination of blue light technology: portray an everyday school
setting/situation where relatable college students discuss how tired they are, how much sleep
they got. One student will say they get better sleep but still have a great deal of fun and
entertainment before bed by using BLUE.
Sales Promotion/Timing
Back to school
During the holidays
Rationale
BLUE is well suited for cramped dorm rooms or apartments. In especially small dorm rooms and
apartments, space is so limited that every piece of furniture must be carefully weighed as
whether or not it will fit or make the room too cramped. In many dorm rooms and some
apartments televisions cannot be mounted on the wall. In many dorm rooms and apartments the
lighting is very poor, or there is no lighting fixtures at all. BLUE presents solutions to all of these
problems and more.
Budget
$500,000 (Includes all types of advertising)
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Advertise the convenient all-in-one space saving aspect. Offices are often crammed for space.
Perhaps make a comedic skit with the workspace being overcrowded, with coffee being spilled
etc.
Sales Promotion/Timing
Sending free test units out to select businesses and having them try out the product, in hopes of
them taking a liking and purchasing more.
Discounts for organizations purchasing BLUE in bulk.
Rationale
BLUE is well suited for cramped office spaces. It effectively combines a computer, a monitor,
and desk light into one condensed package. BLUEs small all-in-one package make it quick and
easy to set up and move around. BLUE is also effective in cramped locations because its
holographic screen can be adjusted to display anywhere in the surrounding 3d space.
BLUE could be paired with a webcam for Skype/FaceTime/etc. business sessions.
Budget
No budget is available at this time as Deltac is focusing primarily on consumers. An official
budget will be created on a later date.
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Rational
BLUE will gain credibility and recognition as a highly convenient product by advertising to the
direct market. This includes primary selling times such as holidays and back to school months.
By raising awareness through a variety of mediums, Deltac will likely hit their target market
from the convenience of their home, phone, personal computer, and friends/family.
Budget
Promotions to target audiences will come within the allocated budget amount for advertisement.
Social Media: $225,000; YouTube $100,000; Radio $50,000; Print Media/In Store $ 75,000;
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Instagram - The ability to host ads on Instagram has only recently been extended outside of test
campaigns. With Instagram being owned by Facebook, Facebooks optimized information
systems infrastructure and ad creation tools are interconnected. The interconnectivity results in
lower advertising costs. Instagrams initial CPM estimate was $13, however early adopters have
reported rates as low as $4.00. Instagram's rates are higher than other platforms because the ads
are more prominent and the average Instagram users are much more likely to be interactive with
a post. This makes the ad space much more valuable and sought after by advertisers.
Unpaid - There is a homepage for the product (on each social media site) where users can like
or follow the page and acts as an interactive platform for the company to talk to consumers and
potential buyers. Pages are great as they are free to create and can act as another way of
promoting the product than paid advertising. Encouraging people to share and retweet are both
additional ways for free advertising.
YouTube Advertising Strategy
YouTube is the largest video sharing website in the world. YouTube lets you create a free channel
which then videos can be uploaded to for the rest of the world to see. We decided to use YouTube
because many of the users are young people and students. This is especially true in the case of
our primary consumer target market of college students because universities offer great access to
the internet. Many college students nowadays watch more YouTube videos than television.
Another advantage of YouTube ads is that nationwide advertising is much less expensive
compared to television ads.
Paid advertising in YouTube- YouTube has many different ways to advertise. The most popular
method is called in-stream which is where the ad video plays before the video. This type is the
one that we will primarily be using to reach our target audience however other methods will be
considered. Some advertisements when clicked on can link the user to another page, such as the
channel that hosts the ad or outside sites. Linking an ad to our company website for more info is
a viable tactic.
With YouTube ads you can set your budget however you like, the general cost for ads listed on
the advertisement information page on YouTube is $10 for every 2000 views. You only pay when
someone interacts or views your entire ad, skipping an ad comes at no cost to you. YouTube ads
can be targeted by age, gender, location, interests, and video type. There are several forms of
YouTube ads including homepage ads, prevideo/midvideo/postvideo ads, search results ads,
watch list ads, and more.
Rationale
For the introduction of this product we plan on primarily using social media and YouTube. We
believe this online approach will not only help us best reach our target audience of young college
students but also that it is the most effective means of making an impact by utilizing the
internets strength as an interactive medium. This will help bring awareness to a large audience
and not be as expensive as buying a TV or radio commercial. As this product moves into the
growth stage of the product lifecycle a TV and radio campaign will be necessary to bring about
more awareness of the product and create familiarity in the minds of consumers.
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BUDGET S UMMARY
The budget for this plan is $500,000 and broken down as follows: $225,000 toward social media
ads (45%), $100,000 toward YouTube ads (20%), $75,000 toward PR costs (15%), $50,000
toward print/in-store ads (10%), and $50,000 toward radio ads (10%).
There may be additional pieces that are unknown as of now that may cost more money when
looking towards changing the promotion of the product or the product itself after the plan has
been implemented
TIMETABLE
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CONCLUSION
The marketing plan created by Deltac for BLUE will inform consumers on the value of this
product. BLUE will be advertised through a variety mediums including social media, electronic,
print media, and word of mouth. BLUE incorporates a multitude of features that will reduce the
need for additional products in the market. The convenient patented design can fit comfortably
on any night stand table. BLUE is readily affordable and can last for many years to come. This
campaign will be taking place from June 2017 to January 2018. This is the campaign for the
introduction stage and after this campaign is finished we will be evaluating the success and
moving into the campaign for the growth stage.
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R EFERENCES
Fast Facts." National Center For Education Statistics. U.S. Department of Education,
1 Mar. 2015. Web. 29 Nov. 2015. <http://nces.ed.gov/fastfacts/display.asp?
id=372>.
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