Summary This is to build upon our first product introduction. We belong to the company Beats by music producer Jimmy Lovine and the famous rapper Dr Dre. We are Minds over Matter and our new product is called Plugs by Beats. Plugs by Beats is a new device to listen to music, which takes the form of Plugs. Our device is the most discreet headphone created; it works with wireless and a cell phone app.
3&4. Explain your branding strategy & explain your strategic framework (Ashton Forti, Anthony Wojas, Phala Miller, and Zach Harris) Beats is a well-known, luxurious head phone brand that is worn and supported by many stars. LeBron James and Lil Wayne are some supporters of the brand. LeBron wears his Beats while warming up for games and in everyday life. Lil Wayne is on many advertisements for Beats head phones. Beats brand is all about new styles and trends for the active lifestyles of different music lovers. Many young people strive to own a pair of Beats. Just like any other brand or product, there are lovers and haters of Beats brand. Someone will always pick the brand or product apart and find something wrong with it. Many customer reviews were studied and it was concluded that most consumers love beats headphones and quality of them. Consumers love the different colors and styles that are offered while feeling luxurious when wearing them. Customer reviews explain how the sound from the head phones is so great that it sounds like you are front row in a concert. Beats headphones are known for the awesome bass sound they produce. The few negative comments that were studied explained that the band on the headphones broke and the paint chipped. Those issues are personal care problems; if someone is willing to pay hundreds of dollars for headphones they should be taken very well care of. There is also the issue of being too expensive, but that is because Beats is such a high quality brand. Beats targets the passionate music lovers which are people that will save up if they are too expensive. Plugs by Beats stands responsible and accountable for the brand. The warranty is for one year from the date of original purchase. The warranty covers only manufacturer defects. Customers can return for a full refund as long as it is not a wear and tear issue, theft or loss. Proof of purchase is required and the items have to be in the original box. The brand personality of Plugs by Beats expresses sophistication due to the luxuriousness of the products. The pretentious consumers impress others by showing off the characteristics of the punk rock individuals. Plugs by Beats convey importance, excitement, respect, and youthfulness. The brand has consistent and meaningful traits that increase brand equity and can help inspire the people without Plugs to gauge their ears and become committed to the innovative product. While there are quite a few negative reviews about our brand, the larger majority of problems were caused by user negligence rather than factory error. Because of that, we will not be using image advertising. To build brand equity, we will be reaching out to an often overlooked marketthe punk and rock subcultures, as well as the body modification community. What economic trend that effects our brand is the increase in counterfeit products, which cause a decrease in the price value of non- counterfeit products. Also, due to this increase in cheaper counterfeit products buying habits are focusing more on personal style rather than quality.
SWOT analysis: Strengths, Weaknesses, Opportunities and, Threats is a method of analyzing the strategic context. It identifies strengths and weaknesses internal to an entity, its growth opportunities and threats that may affect its purpose or prejudice the achievement of its objectives.
Internal Elements Strengths Weaknesses Variety of products Quality of products Confusion between the products External Elements Opportunities Threats Communication with the muses Premiumisation Developing of urban style Headphones became fashion accessories Number of competitors
Strengths: Diversity & Quality of products Beats offers a range of very diverse products, but the headphones are still quite similar in their form, in their design. There are some specifics between the products in the range as some folding headphones, others with wireless controls. But the main differences are in terms of quality since some headsets are geared toward professionals (DJs) and others are for amateurs. The price difference is so significant.
Weaknesses: Confusion between products On some Internet forums, it is question of what product to choose between the Solo HD headphones and the Studio. Quality is expected to be higher in the Studio since the price is higher, but users do not seem to be all in agreement with this idea. Solo HD would therefore as the Studio? Consumers therefore in principle choose their helmets according to their budget. Opportunities: Communication with the muses, Premiumisation, Developing of Urban Style, Fashion Accessory. Beats success is strongly linked to communication actions in partnership with sports celebrities and hip hop style. This niche is synonymous with success because inexpensive and very effective. There is no saturation in these contacts, the address of Dr. Dre and Jimmy Lovine for being very important book. This mode of communication is very effective on the target population since the individuals chosen are benchmarks of competence in music, sport. Wear the same headphones as Lebron James or Lil 'Wayne is obviously researched and is synonymous to be on the edge. A millionaire rapper or an athlete who listens to music during his thousands of hours of training is expected to have the ability to choose performing headphones. By using of luxury brands such as Swarovski, Beats was right. Limited editions and deluxe versions provide a picture of undeniable mark. The brand then takes advantage of higher margins and visibility expands to an easier target, which is not necessarily interested in the image of young urban. It is also a product differentiation, with an image, a partnership and thus a different price. Young people from the hip-hop culture see the Beats headphones as a fashion accessory, which becomes almost obvious. Thus, whatever the price, the headphones showcase the dress of youngers who listen rap, electro pop dance. This style is increasingly adopted and made part of this but not necessarily wanted existing tribal marketing. Today, this culture that expands the Bears still has a bright future. Threats: Number of competitors The Headphones Market has known a big Boom since couple years and the competition on this market became very hard. Beats brand is placed on a high-end segment, with high technology. So he meets competitors such as Sennheiser or Bose, which are positioned on the same price range.
5&6. Write your measurable objectives & explain your strategies (Ashton Forti, and Phala Miller) Marketing Objectives- Our mission is to expand Beats brand through targeting a fresh, innovative audience by launching our new product, Plugs by Beats. Our goal is to reach 35% of the punk rock individuals ages 15-30 and make them aware of Plugs. The punk rock individuals are a very specific target, so it makes reaching out to them even more challenging.
Marketing Strategy- Placement: Retail Stores
Advertising Objectives- Our mission is to inform 35% of our punk rock individuals about Beats new product, Plugs by Beats. We will also remind the loyal consumers of Beats already luxurious brand. We will inform the people that Beats does not already reach out to, such as punk rock individuals, that there is a new product specifically targeting them. The goal is to reach the consumers in which are not currently using Beats, and also persuade Beats loyal customers to try the new innovative product. Advertising is a very important part to a sales pitch. Advertising sets the brands personality and strength. Minds over Matter has to do very specific advertisements and in certain places to achieve our goal to reach 35% of our target market. Advertising Strategy- New Media: Facebook YouTube Twitter Blogs Instagram Traditional Media: Magazine Television Radio Sponsorship: Concert Partnership: Coupons
DAGMAR Model- Awareness Through all of our forms of advertisements and word of mouth Comprehension New product targeting punk/rock individuals Conviction What is going to make customers need to buy Plugs by Beats instead of just wanting (NEED vs. WANT) Action Point of Purchase
Public Relations Strategy- Green Marketing Dialogue Maintenance News Releases Media Relations See Events and Sponsorship Section
Creative Brief Submitted by: Minds over Matter Product & brand: Plugs by Beats Problem your creative strategy must solve: To reach an audience that hasnt been met. Message effects: To create a desired need based off of an individuals love for music. Target Audience: Gender: Male and Female Age: 15-30 years old Life Stage: Plugs by beats targets young individuals that are currently in school, or just entering the working field Education: Current high school and college students, High school graduates, college graduates, pre- professional school graduates Socio-economic status: middle class Key promise: Plugs by Beats is committed to giving you the front row experience for your personal convenience. Why believe promise: Beats is a well-known, luxurious head phone brand that is worn and supported by many stars. Beats brand is all about new styles and trends for the active lifestyles of different music lovers. Many young people strive to own a pair of Beats. Call to action: To require more information about Plugs by Beats which then, requires them to make a purchase.
7. Briefly describe the look, feel and content of your messages (Zach Harris) Our product lets you get the most out of your music from a mainstream brand, but it does not require you to sacrifice your individuality. Plugs features pure Beats Audio sound along with a sleek, avant-garde appearance and wireless capabilities. Our product will be promoted by spokespersons Chester Bennington (of Linkin Park) and Hayley Williams (of Paramore). With our larger scale advertisements (i.e. television, social media), we will utilize an appeal to the value of individuality. For smaller scale advertisements (i.e. posters, flyers, point-of-purchase advertising) we may use an appeal to humor, playing off of Beats recent tagline, Hear what you want to hear. 8. Explain the advertising creative strategy/ public relations programming you would execute (Anthony Wojas, and Whitney Allen)
Traditional Media:
TV Advertisements
TV commercials will be used to advertise our product. We will air our commercial on television stations such as BET, VH1, MTV, and MTV2 as well as on networks airing shows such as LA Ink, Ink Masters, and Tattoo Rescue.
TV Advertisements
Pandora will air Ads before playing songs, during and after. New Media:
We will use the social network, Twitter, Facebook, and Instagram. Advertisements and photos will be featured on all three of these sites. Also, we will use video-sharing website called YouTube and the three main blogs punk and rock to promote Plugs by Beats.
Twitter
- Tweets will go live with advertisements and deals multiple times a day; Hashtags created will aid in our follower count, as well as followers retweeting and favoring our tweets.
Instagram
- Instagram will also be used to post daily photos of products and such to keep consumers reminded daily. These photos will be of our product being used by celebrities, and satisfied customers. Hash tags will also be used on Instagram. Pictures from the sponsored festivals will also be posted.
Facebook
- Facebook will be used to air advertisements on the sides of the website and through news feeds.
YouTube
- We have two main ideas with YouTube. The first one is to appear on different YouTube channels with our logo, the image of the Plugs and our hashtags. We will use four channels. The first channel is the Beats channel; the second is the Rock channel of YouTube with 1.344.398 subscribers; and the two last are the channel of the group of our muses: Linkin Park with Chester Bennington and Paramore with Hayley Williams.
- Today, when people go on YouTube to watch videos, they regularly see before each video a short advertising or story. Consequently, the idea for the second action on YouTube is to create a short video approximately 30 seconds where our muses talk together about the Plugs by Beats, and broadcast this promotion before the video that people want to watch.
Blogs
- Similarly to the first idea on YouTube we want appear with our logo, the image of the Plugs and our hashtags on the main blogs Rock and Punk available on Internet. Indeed our target audience is Punk and Rock people, so introducing our Plugs in several blogs will be very useful cheaper and more over this promotion may be trigger a word of mouth around the plugs.
Three blogs:
http://www.punkrockers.com
http://punkrockgardens.com/
http://www.rocksound.tv/blog
Partnership:
HTC
HTC is the owner of our company Beats Electronics. Consequently with the last smartphone of HTC the HTC M8, we are going to put in place a system of coupons. Every purchaser of the HTC M8 will download online a 30% coupon in order to buy Plugs by Beats. Inside the HTC M8 box will be a password to enter in our official website and then purchasers will the download the coupon.
Sponsoring:
Punk and Rock Festival
- The idea is to give information about our product to our specific target. Punk and Rock festivals we will gather people who belong to our target audience. To promote our Plugs we will sponsor punk and rock Festivals / Concerts all around the world.
Rock in Rio Festival (South America / Brazil / Rio) Big out day Festival (Oceania / Australia / Sydney / Melbourne) Lollapalooza (North America / USA / Chicago) Festival Rock Werchter (Europe / Belgium / Werchter) Fuji Rock Festival (Asia/ Japan / Yuzawa) Hellfest Open Air Festival (Europe / France / Clisson) Donauinselfest (Europe / Austria / Vienna) Bonnaroo (North America / USA / Tennessee)
In every festival we are going to engage the same actions, the main goal is to be seen as often as possible by people.
- First action, customize artists scene with billboards. On these billboards there will be our logo Beats our hashtags and the image of our Plugs.
- Second action, distribute flyers where there will a description of our plugs, and tee shirts pencil, key holder and key ring with our logo hashtags (Swag Concept)
- Third action, Beats will provide a station called BeatsRoom where people can come and get information about our company, products not only the Plugs but also all others products from Beats (Headphones, earphones, speakers), and where people can also test and buy the products.
Silent Disco
- Plugs by Beats will be hosting the Silent Disco at Bonnaroo Music Festival. A silent disco is a concert/ Dj show without speakers, the music is played via our product Plugs by Beats, we will also provide other beats products for those without gauges ears. - The festival goes will be given the product to try while at the silent disco then return the product. The company Silent Events produces the silent disco event at Bonnaroo and this year Plugs by Beats will pair up with this company and produce the first ever Beats Silent Disco with Plugs by Beats and other Beats products.
Plug-In Contest
- We are going to launch a contest on Facebook. We will create a page called Plug-In contest on Facebook asking people to make a short video in order to promote our new product Plugs by Beats. The main goal is to be original and creative. When people are made their video, they just post on our page and the three videos that have the most like will win a meet with one of our muses of their choices during their concert.
Green Marketing:
Be Green Packaging LLC
- Our brand Plugs by Beats will be sponsored by BeGreenPackaging.com. Be Green Packaging is a company that is the leading designer and distributer in sustainable and compostable packaging for food service and consumer packaging. We will pair up with this company and they will design our products environmentally friendly package.
9. Explain how you would objectively measure the results of the campaign from advertising and public relations (Tanner Bates) Minds over Matter will measure the impact of Plugs by Beats in a variety of different ways. Our main goal is to create awareness for Plugs by Beats while measuring the results of the Minds over Matter campaign. We will measure the awareness of our campaign through the following advertising events: Social media networking (Facebook, Twitter, and Instagram) YouTube Pandora Radio A series of eight different music festivals around the world Be Green packaging partnership with Plugs by Beats HTC partnership with Plugs by Beats Social Media Results Throughout the Plugs by Beats Campaign, the Minds over Matter objective is to create awareness to our target audience via social media. Through our Facebook page, Minds over Matter can measure the results of how interested our consumers are by the amount of likes our page receives, and the number of people that visit the Plugs by Beats page. Twitter will provide a rapid way of getting our product into the hands of our target audience. Minds over Matter will incorporate a series of three different hashtags to measure the results of our campaign. Re-tweets, favorites, use of hashtags, and followers via Twitter will allow Minds over Matter to measure when, where, and how our product is being portrayed to the target audience. We will use the same concept on the Plugs by Beats Instagram page. Our results will be measured by how active our target audience is on the Plugs by Beats social networking sites. YouTube and Pandora Radio Plugs by Beats will team up with YouTube and Pandora in order to get our product launched. Minds over Matter will use advertisements and commercials to play before YouTube videos and Pandora radio stations begin. Our future consumers will hear and view Plugs by beats through the YouTube and Pandora commercials. Minds over matter is projecting a 35% target audience awareness via promotional ads, commercials, and sponsorships. We will measure the success of our campaign by the number of times our ads are played through YouTube and Pandora. Music Festival impacts Minds over Matter will promote the Plugs by Beats product via music festivals and activities. We can get a general estimate of target audience members that see our product through the events. For example, If Minds over Matter has 500,000 target audience members attend the Plugs by Beats silent Disco at the Bonaroo music festival, then we feel that our target audience will be reached successfully. Promoting concerts with Plugs by Beats logos will allow our target audience members to interact with our product for the first time. The attendance records at each individual concert and festival will give Minds over Matter an estimate of how many people come into contact with Plugs by Beats.
Plugs by Beats Partnerships The partnership with Be Green Packaging and HTC will play a pivotal role in measuring the success of our campaign. Our results will be measured through the individual packaging of our product, and the coupons redeemed for Plugs by Beats via HTC smartphones. Minds over Matter will be able to monitor how often our coupons through HTC are being used by our consumers. Be green Packaging will work with us to ensure that the environment and our product is safe. This type of partnership will be measured by how much impact our packaging has on the target audience. Measuring the success of our campaign will be determined by factors such as return on investment, share of voice, media impressions and awareness, and behavioral objectives. Targeting lock punk/rock music events and concerts for promoting Plugs by Beats will be costly in the introduction stage of the product life cycle, but our return on investment will surpass the early advertising cost very rapidly. Advertising cost up front such as promotions, giveaways, coupons, events, etc. will easily be gained back once Plugs by Beats reaches the product maturity stage. Since Plugs by Beats is a new innovative product for a very much needed target audience, there will be no stiff competitors in the introductory stages of the product life cycle. This will allow our product to gain a large profit in the early stages. Minds over Matter is confident that our target audience will be reached and the Plugs by Beats campaign will be successful. Prime examples have been given to show how Minds over Matter will measure the success and awareness of the Plugs by Beats product.