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week8-HowtoFindyourtargetaudience-.pptx

Audience Targeting

A by-the-numbers approach to insuring that the vehicles you choose deliver your message to the right audience(s)

Integrated Marketing Communications

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Whom do you go after?

Determining financial value

Not all customers/consumers are created equal

Establish appropriate behavioral objectives for each consumer group: i.e. maintain spending levels; increase spending levels; migrate to a different group; obtain trial, etc.

Critical to see customers as assets and communications as investment

Pareto Rule: 20% of customers contribute about 80% of the firm’s sales, profits or income.

Integrated Marketing Communications

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2

How do you reach them?

Five “Rs” of IMC:

Relevance

Receptivity

Response

Recognition

Relationship

Source: Shultz & Schultz, “IMC: The Next Generation”

Integrated Marketing Communications

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3

Develop a ‘relationship’ with your audience

Reciprocal Marketer-Consumer Relationship

Brand Relationship – the relationships that exist between buyers and sellers through the exchange of value for products or services over time.

As long as each party believes the value of their rewards is equal to the value of their input, both will be satisfied.

Perceived inequity leads to tension in the relationships that can be resolved by:

Reducing inputs

Increasing outcomes

Leaving the relationship

Source: Shultz & Schultz, “IMC: The Next Generation”

Integrated Marketing Communications

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4

Where do you find them?

Brand Contacts (Audit)

Where will the brand touch his/her life?

Can these “touch points” be organized and prioritized from the consumer’s point-of-view?

Which communication vehicles will address these touch points?

Important

Less Important

Positive

Negative

Priority Grid

Source: Shultz & Schultz, “IMC: The Next Generation”

Integrated Marketing Communications

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5

Audience “touch point” activity wheel

Male

35 – 54 Years

Work Day

Evening

Non-Work

Night

Integrated Marketing Communications

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Vehicle selection based on “touch points”

Male

35 – 54 Years

Work Day

Evening

Non-Work

Night

Print Advertising

Direct Mail

Radio Advertising

Cinema Advertising

Radio Advertising

Social Media

Internet Advertising

TV Advertising

Radio Advertising

Public Relations

Sales Promotion

Out of home

Word of mouth

Integrated Marketing Communications

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7

How do you talk to them?

Determine the relevance of and receptivity to brand contacts.

Must be relevant to consumer and delivered when they need it.

Discovering how and when customers want to be contacted.

How do customers want to receive brand information?

Align delivery system with customer preference

Choice allows consumers some control

Reversing the communication flow

The consumer is in the driver’s seat, but the company must deliver its message so that it will be heard.

Source: Shultz & Schultz, “IMC: The Next Generation”

Integrated Marketing Communications

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8

Meet the product

Integrated Marketing Communications

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Meet the product

Functional

Complete regimen of cleansing, moisturizing and treatment products

Medications that contain a range of dermatologist-recommended effective acne treatment ingredients: salicylic acid, benzoyl peroxide or sulfur, to adjust to the different needs of acne-prone consumers

Visible results at half the price of ProActive

Available at drug stores, Walmart, Target

Integrated Marketing Communications

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Meet the product

Functional Emotional

Delivers a clean feeling

Works right away

Makes break-out disappear fast

Makes me feel more confident

Makes me more attractive to the opposite sex

Looking good makes me more popular

I will get more dates

No one will make fun of me anymore

Complete regimen of cleansing, moisturizing and treatment products

Medications that contain a range of dermatologist-recommended effective acne treatment ingredients: salicylic acid, benzoyl peroxide or sulfur, to adjust to the different needs of acne-prone consumers

Visible results at half the price of ProActive

Available at drug stores, Walmart, Target

Integrated Marketing Communications

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Meet Bill Janson

Integrated Marketing Communications

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Meet Bill Janson

Functional

Male

17 years old

Lives with divorced parents; two younger brothers

High School Junior

$75/week allowance

Lawn care job = $50 per week additional

Baby Sittings = $20 per week

Terrible case of acne induced by advanced puberty

Integrated Marketing Communications

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Meet Bill Janson

Functional Male 17 years old Lives with divorced parents; two younger brothers High School Junior $75/week allowance Lawn care job = $50 per week additional Baby Sittings = $20 per week Terrible case of acne induced by advanced puberty Behavioral

Takes school seriously

Loves video games

Hangs out at the Mall with friends when he can

Plays sports & watches his favorite pro teams on TV

Reads about sports, cars and sex on-line

Fights with his siblings & parents frequently

Just started dating & appearance is important

Addicted to social media and texting

Integrated Marketing Communications

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Meet Bill’s Mother

Integrated Marketing Communications

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Meet Bill’s Mother

Functional

Female

37 years old

Takes the kids week days

College Graduate

Applied to grad school at night

$150K as office manager

$2K per month child support

Lives in the city

Drives a SUV, mostly car pools

Integrated Marketing Communications

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Meet Bill’s Mother

Functional Female 37 years old Takes the kids week days College Graduate Applied to night school $150K as office manager $2K per month child support Lives in the city Drives a SUV, mostly car pools Behavioral

Constant motion; never has enough time for herself

Watches TV via DVR

Scours the internet at work

Follows her kids & friends on Facebook

Lives in fear of making mistakes at work or home

Integrated Marketing Communications

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Determining the size of your market

It is important to grasp how many people fall within your target market(s)

Where do you go to find out?

NYU Libraries Website

Access to 1200 data bases

The catalog is named “Bobcat”

Let’s use the Jansons as an example for a Baltimore test market

Integrated Marketing Communications

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Determining the size of your market

128,000 women

38,000 boys

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How to reach the boys

Vehicle Choices

Television ad

Magazine ad

Newspaper ad

Radio ad

Public Relations

On-line media

Direct Response

Events

Sponsorship

Other

Direct sample & coupon delivery to top 15,000 ranked by Google Analytics

ESPN; Car & Driver Magazine ads

On-Line

Facebook, Instagram, Twitter ads

Integrated Marketing Communications

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How to reach the Moms

Vehicle Choices

Television ad

Magazine ad

Newspaper ad

Radio ad

Public Relations

On-line media

Direct Response

Events

Sponsorship

Other

Newspaper: Baltimore Sun On-Line

Magazines: Real Simple; Redbook, Parenting, On-Line

Facebook, Instagram, Twitter ads

Public Relations

Radio ads – Drive Time

Integrated Marketing Communications

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