PROPOSAL NOTES
Materials needed for the senior proposal •
History: origin before establishing the company or the product.
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Background: launching and development; e.g. Pepsi – bottling. -
Global: international distribution.
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Local: national or regional distribution.
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Product: like drinks.
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Brand: like different tastes.
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Company: manufactory launches and implements agents.
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Holder: numbers of companies.
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Different promotional items that are already used by the product.
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Previous adv. Campaign.
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Main aim of the company or product.
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Objectives, which are set by the company, the adv. Agency, and the marketing department.
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What marketing and creative strategy they are following
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Which stage the product reached in the product life cycle (PLC) in the market now a days?
Research plan •
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What methods you are going to use for your research? -
Documentary
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Internet
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Books
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Brochures
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CD
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Catalogues
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Periodic (magazine, newspaper)
Internet -
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Mail interview
Questionnaires
PROPOSAL NOTES
Report structure •
Introduction -
History
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Background
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Competitor
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Marketing study of the SP’s (product, price, place, promotion, package) -
Consumer
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Creative strategy
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Media strategy
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Budget
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Evaluation
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Creative structure or design brief.
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Action plan of schedule that you adjust to execute the creative strategy or adv. Campaign. It includes dates, weeks, or months.
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Evaluation analysis that you might face during your study obstacles and opportunities (advantages & disadvantages).
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Competitor -
Minor competitor
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Major competitor (make a study on it)
Consumer -
Who is buying it?
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Where it is found in the market?
Psychographic Segmentation
Demographic Segmentation
Income
Culture
Age
Traditional
Gender (Sex)
Habits
Education
Beliefs
Status ( Married or Single)
Life style (Adventurous or Ambition)
Language
Religious
PROPOSAL NOTES
Project proposal •
Aim: main statement that summarize the main topic of the project (subjective).
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Objective: kind of the product and defining it
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Product content
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Kind of market you are aiming
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Kind of consumer
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Kind of campaign -
Pioneer stage (introductory campaign)
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Competitive stage (competitive campaign)
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Retentive stage (reminder campaign)
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Explain why?
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Why you tend to test or investigate?
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Why do you think this product is important in the market? Alternatively, why is it interested to the consumer?
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Clarify the problem that you are trying to solve?
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What do you hope for the future?
Marketing research •
Study the competitor, in order to compare it with your chosen brand (define and specify the competitor).
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Product -
Product content and specification
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USB (Unique Selling Proposition)
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Support them with visual aids
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Price: clarify why the price is high or low compared to the market competitor.
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Place: distribution, aria, store display product, and POP (product of purchase).
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Promotion items: POP, premium, specialty adv, business gift, sampling, event marketing, sweepstakes, contest, tradeshow, or exhibitions.
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Package: Describe the package and its flexibility in comparison to the competitor (visual is important).
PROPOSAL NOTES
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Consumer segment is defined within its community, relative to: -
Product content (creating a need for the consumer)
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Area (distribution channel)
Marketing concept and target group When advertiser and marketers have all the required information then they are ready to set their concept strategy relative to the target market strategy. •
How to identify the target group or target market segment? -
A product characteristic can help in studying the general specification of its category and more details are identified from certain brands that differ from each other in their ingredients or USP. This can specify the needs of the consumer relative to what the brand offers to its target market segment. Ex: the category of shampoo has brands that give volume to the hair or removes dandruff.
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Area the manufacturer directs the product is selling area relative to the most selling regions. Most companies cannot sell equally in all the regions. In the introductory stage, they usually choose the most selling region, such as the capitals. Other companies in the competitive stage look for brand preference or label branding; where as in the retentive stage they look for brand loyalty or brand switcher.
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Demographic segmentation -
Adults: In general, they are not self confident, yet they know very well what they are aiming for their lives. They work on individual basis.
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Boomers: They are self confident, mostly educated with more experience aware of everything new. They know they are sophisticated for the reason of being the vital part of the society.
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Matures: in general, they become classical with great esteem, ethics, values, traditions, self-sacrifice, etc…
PROPOSAL NOTES
Planning the advertising After advertisers collect all the information from the statistical company, a plan is set to hit the market. Marketers should study and specify the target group by dividing the entire market into marketing, demographic and psychographic segmentations. •
Marketing segmentation: it means the area or place that the product is needed, i.e. a market with high selling. There for, advertisers make their plan upon a study on analyzing the previous situation of the market, ex. Economic condition.
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Geographic segmentation: is chosen relative to regions where there is growth and development, ex. Rebuilding Beirut allowed many companies to work to the government. For this reason, we specify the place of lunching a product related to the nature of the geographic places. In addition, weather is another factor to identify the selling items, such as, winter or summer clothes – so forth with the 4wd that can be sold in mountain and desert places at a higher rate.
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Psychographic segmentation: people differ in their lifestyle which includes the way of living, habits, values, traditions … this could be the personal identification in order to specify the market consumer segmentation. At this point, the psychographic segmentation can divide the market into different target group segments that specify its market.
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Demographic segmentation: advertisers study the way consumers’ use the product relative to their attitude, which is specific relative to gender, race, status, income, and others… consumer’s attitude can differ between religions and nationalities. In statistics, that advertiser starts their survey with this basic column.
Repositioning market It is when the company cannot afford designing or redesigning a new concept of the brand. The solution is when a company tends to change the whole market segment by changing the completely geographic segmentation and repositioned in another sector. Positioning market It is when the product meets the needs of the consumer either by designing the product upon the needs of a selected segment or by creating an advertising campaign that attracts his
PROPOSAL NOTES
attention. This is done by stressing on the product’s ingredients, which satisfies his expectations; ex. Aspirin of 325 mg normal differs from Bayer Entire Aspirin 81 mg. Niche market Advertisers try to reach through a specific survey in order to reach in understanding their target group. It is necessary to study the consumer behavior with respect to the competitor. It is a strategy that the advertisers use to hit the week point of the competitor and emphasize on revealing it in their campaign, ex. Arial versus Persil. This kind of marketing is called Niche Market. Methodology •
Cover - Title of the report - Subtitle - Author - Major
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Title page / front page - Date and semester - Instructor’s name - Name of course - Title and sub title / slogan
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Acknowledgement (optional)
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Abstract (summary): that explain the topic of your subject and research.
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Table content (index or outline)
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Introduction - History and background - Aim, Objective
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Marketing research
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Primary research -
Consumer study
PROPOSAL NOTES
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Audience analysis
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Primary research (result or data)
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Data analysis
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Creative strategy & Tactics
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Media strategy
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Budget of the Adv. Campaign
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Implementation and Evaluation (steps to be considered in the future)
Hints about the Methodology •
Space between lines: 1.5 pts
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Margin from all sides: 2.5 cm to 3 cm
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Space between topics: double the lines
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Quotations: “---------------“ (name of the interviewee, 2003) “---------------“(name of the author, 1999)
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Paraphrasing: ------------- (name of the author, 1982)
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Appendix: anything offered from the company or collected during the research that is minor in its importance to the research and you wish to document in your paper should go in the appendix. For example: thank you letter or the permit letter from the course leader, etc.
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Bibliography 1. Russell, T., 1999, Kleppner’s Advertising Procedure, 4th Ed., Prentice Hall International Limited, New Jersey, USA, Ch. 14-17
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2. Rifaii, M., 1992, The Authority of Love and Money, Hasnaa, Vol. 1, Issue 125, p.10 3. Ayache, J., 2002, ’Creative Strategy Interview,’ Persil Global Advertising Campaign, Creative Manager of Saatchi & Saatchi-Levant Area, Beirut Lebanon, date. 4. IAA, 2002, How to Develop Your Creative Brief, The Official Site of the International Advertising Association, WWW.IAAGLOBAL.COM, P.3.