Marketing - in your words. The Official TU-AMA Blog.

Marketing - in your words. The Official TU-AMA Blog.


  • Tag Archives AMA
  • Zipcar using social media to attract a young audience

    Recently, Zipcar has started using social media to target young adults and college students. Their use of twitter and Facebook has grown rapidly, using the social media sites to answer questions or give away prizes. In case you are not familiar with Zipcar, they are a company that provides cars to their customers with an hourly or daily rate. They are mostly used in large cities where people can’t afford or do not see the point in owning a car, but may need one once in a while to get around or run errands. Zipcar makes the process very easy through their website. Once you sign up you receive a Zipcard and the right to make reservations for just a couple hours or an entire day. Once you make your reservation, you find the Zipcar station nearest to you and just hold the Zipcard up to the car you reserved and it will unlock and is ready for your use.

    Zipcar’s use of social media has grown rapidly due to their desire to convert young adults to customers. They use Facebook to show where Zipcar stations are located and to give away prizes. Twitter is also used for giveaways, but also to answer any questions that customers or potential users may have. Some of the giveaways include free t-shirts or driving dollars and lets be honest, what college student doesn’t love free stuff. An added benefit is that there is no worry about insurance or gas because Zipcar covers it all. Zipcar has been continuously growing for the last few years and their attention to social media will be sure to add to the success they have right now.


  • How to Be Smart When Black Friday Shopping

    With Black Friday exactly a week away, those of us on the lookout for a shopping marathon of bargain hunting can get excited that the festivities are soon to begin. The name “Black Friday” came about as a way for retailers to signal a shift from losing money to a season of profitability from accounting’s “in the black.” Before you embark on your shopping adventures, there are several myths and traps that you should be ready to avoid:

    1. The Doorbuster Trap:

    Many stores advertise extremely low priced items that are offered to a certain number of customers that are the first in the store. Make sure you read the fine print about how many of these items are going to be handed out in the store. Most of the time a very small number like ten items are sold and tickets are distributed to early store comers way before stores even open at midnight.

    2. The Apple Trap

    It is common belief that you must visit an Apple store in order to get the best deals. In fact, the same deals are also available online. But don’t expect deep price cuts on any items, and don’t expect discounts in general on brand new products such as the iPad mini and iPad 4.

    3. The Price-Matching Trap

    Target just began a new price matching program that runs from November 1 to December 16. Customers can show a store employee a lower priced item on a mobile phone or bring in an original receipt from online retailers including walmart.com and bestbuy.com. Be aware though that Target will not match prices from Black Friday through Cyber Monday and there are a long list of product exclusions on Target’s website.

    4. The I-Can-Return-It Trap

    If you are not already familiar with a store’s return policy, you may want to check it especially during the holiday shopping season. Many stores change their policies and shorten the return period time specifically over Black Friday and Cyber Monday weekend.

    5. The Cyber Monday Trap

    Most people believe that the best online shopping deals happen on the Monday after Black Friday which is known as Cyber Monday. But, most of these deals exist way before Monday and begin at midnight on Black Friday. Don’t miss out on deals that happen online just by waiting until Monday.

     

    Read the rest of the article here.


  • An Unfortunate Coincidence: Hurricane Sandy and the Release of “Life of Pi”

    With many reeling after the destruction and devastation caused by Hurricane Sandy on the East Coast, there were many unintended consequences including failed marketing plans for a new movie release. What was set to be one of Fox’s big holiday movie premiers based on a popular book, the “Life of Pi,” is about a boy stranded on a boat with his Bengali tiger – after a major storm. This unfortunate coincidence of themes between this new movie and the recent hurricane could hurt overall popularity of the movie. Because the boy in the movie must deal with being taken away from his family members due to a horrific weather event, many may find the plot hitting too close to home. The storm scene that takes place in the movie may cause strong emotional impact among many affected by Hurricane Sandy. But according to a spokesperson of Fox, there are no current plans to change the marketing dynamic of the film or change the film’s trailer which prominently features the main storm scene.

    There have been strange movie and real-life coincidences that have occurred before as well. The date of the release of the movie “Gangsta Squad” was changed as well as some scenes were removed during the aftermath of the movie theatre shootings in Aurora Colorado. Fox also had to change the name of the sci-fi comedy movie, “Neighborhood Watch” to “The Watch” after the shooting of Trayvon Martin. Unlike these movies, Fox does not plan to change any marketing tactics of the movie “Life of Pi” in the near future as we all recover from the recent storm.

    Read the full article here.


  • Halloween – A Great Time for Marketing Campaigns

    Every year around this time, there is a huge boost in candy sales due to a very important upcoming event– trick-or-treat night. And as such, many candy companies are focusing their current marketing campaigns towards Halloween themes. Many adults are also getting into the spirit of things. According to the National Retail Federation, 36% of adults are hosting or attending a Halloween party, which is an increase of 11% since 2005. Because Halloween is a very universal holiday, candy companies are using this time of year to increase marketing tactics and offer their products to a wide range of customers.

    The candy bar Snickers, produced by the Mars brand, is advertised in a new commercial that makes a joke of a traditional Halloween character – the headless horseman. Not only is the commercial clever and funny, but it appeals to both kids (who are featured in the commercial) but to their parents as well who know and love this particular candy bar. Mars is ranked behind candy leader Hershey in terms of the share of the chocolate candy market. Mars currently has a 37.9% share while Hershey has a 43.3% share.

    On the other hand, Hershey is introducing 10 new Halloween themed products this year. One of which is a new twist on an old classic, the Cadbury Crème Egg. Popular at Easter with its white crème filling, the new Halloween egg features an almost creepy green colored filling. Besides Halloween products, Hershey is marketing to an even larger audience by using packaging that focuses on using fall colors and graphics such as yellows, oranges, and browns instead of just orange and black. This particular strategy allows Hershey to sell its products at full price way past Halloween, as opposed to competitors who are forced to steeply mark down their Halloween-themed candy products as soon as the holiday has passed.

    Whether you purchase products with a fall or a Halloween theme, you can be assured that both are a very festive and great way to celebrate this time of year.


  • Southwest Airlines Differentiating Themselves from The Rest

    One of the most popular sayings around is “time equals money.” Southwest Airlines is a company that uses this motto to help themselves get ahead of all the other airline companies. Southwest is able to charge less because they do less and this leads to more flights in the air while other flights are still on the ground. Unlike most airlines Southwest doesn’t charge for bags, which makes the exchange between consumer and a person who checks bags less time consuming because the customer doesn’t have to go through the process of using their credit card and signing the receipt. Southwest also does not assign seating, which means passengers can sit wherever they want. This shaves off some serious time when waiting for a flight to take off because people aren’t looking for their own seat and instead they are just looking for an open seat. These strategies save the customer time and put them on the flight faster. Not only is this beneficial for the consumer but Southwest as well. The more Southwest is in the air instead of the ground the more money they are making because by saving time at the airport they could possibly make two extra flights a day with each plane they have, which is more paying customers who need to make a flight.

    Southwest also changes how their competitors fly. Every time Southwest enters the market other airlines are forced to lower their prices just to be able to compete with Southwest. Sure other companies offer better services while a passenger is on the plane, but most people are worried about getting from point A to point B for the cheapest price and that falls right into the lap of Southwest. Southwest’s commercials also raise awareness to how they differentiate themselves. During the NFL season, commercials contain Southwest commercials acting as NFL referees saying it is illegal to pay for a bag and that no one on a Southwest flight would have to do that. The commercials at times can be cheesy, but do get the point across and have been very important to Southwest’s success.


  • Did you Miss H. Melvin Ming; Alumni of Temple, CEO of Sesame Street Workshop?

    This presentation was brought to you by the letter “R“. Relevance, Reach and Results. H. Melvin Ming gave a charming and intriguing presentation today at Temple University.

     

    Mr. Ming wound a tale of Sesame Street’s heroism for urban, international and pre-school aged kids.  The point of Sesame Street is to prepare children for school, with the help of, what Ming says, is the “power of the picture”. The visuals accompanied by repetition and interaction helps youngsters prepare for the harsh realities of school.

    Relevance

    What does the child need to learn in home? An adult committed to that child’s education.  How does Sesame Street do this? With the use of celebrity appearances! What a clever way to get parents to sit side by side with their toddler.

    Reach

    Did you know Sesame Street goes beyond the US? Internationally Sesame Street is a core component in educating international children. Muppet’s teach youngsters English, respect and acceptance of diTemple Alumni H. Melvin Ming CEO and President of Sesame Street Workshopversity. Did you know there was a Sesame Street school in India? That’s right, a pre-school devoted to Sesame Street and with proven results. Sesame Street brings real world issues and presents them in age appropriate

     

     

     

    Results

    Children who watch Sesame Street at pre-school age, tend to scored 15% better in high school.  When teens do better in High School they tend to want to move on to college.  With better educated people there is a better chance of these individuals finding better careers, and all of these power stems from what is taught to toddlers before pre-school. The sooner children learn, the better their chances are after high school.

    H. Melvin Ming’s last words for Temple students: “You are a treasure, use what you have.”

    Ming never imagined he’d be CEO and President of Sesame Street Workshop, when he was here at Temple University back in the 60′s. This just goes to show you that the skies the limit and keep your options, and mind’s open for opportunities!

    This was a fantastic presentation, one that was a joy to attend!

     


  • Mercedes-Benz: Appealing to Audiences Who Love Golf, Fashion, or Football.

    What do you get when you mix Mercedes-Benz and a prestigious golf tournament? A hole in one, literally. Using its new marketing tactics, the luxury car company hoped to earn new customers through strategically placing its cars amidst the well known Ryder Cup tournament. It is also important to note that Mercedes-Benz has been the “official patron” of the PGA since 2009. With over 230,000 people attending and a massive television audience, Mercedes eagerly reached its target audience. The typical Mercedes customer is married, male, middle-aged, and has a household income of over $185,000. These demographics also readily describe the typical golf player and tournament watcher. The National Golf Foundation also discovered through a survey that 47% of golf players intend to purchase a car in the next year, and more than one quarter had paid over $40,000 for their last vehicle.

    In order to attract customers at the Ryder Cup at Medinah Country Club, Mercedes-Benz strategically placed an interactive fan area in the midst of all the golf-related activities where over 40,000 people were expected to visit. The major attraction in this fan area? The hole in one challenge, where golf fans can try their hand at achieving a hole in one at the 16th hole on the Medinah No. 1 golf course. The odds? Around 12,000-to-1 on this 150-yard par 3 hole. The prize? A brand new 2013 Mercedes-Benz GLK 350. Unfortunately, no one has won this challenge yet at any golf event hosted by Mercedes-Benz, but it has given the company major feedback about its brand and valuable marketing data.

    Watch a video of the hole in one challenge here:

    Not only does Mercedes-Benz patronize the golf crowd, but it focuses its sponsorship on other prestigious events as well. These include tennis, New York’s Fashion Week, and a brand new deal that will aim its vehicles toward football fans. Football, on first glance, may not seem to appeal to the more preppy crowd that enjoys tennis, golf, and fashion. But, Mercedes aims to cover new demographics by targeting their cars towards NFL fans through a $50 million dollar deal to the naming rights of the Superdome in New Orleans. One thing is for certain, if you are a fan of any of these sports or a fashion fiend, you are sure to see a Mercedes-Benz commercial or interactive area at an event in the very near future.

    Read the rest of the article here.


  • State Farm’s Commercials Has Put Them Out In Front

    Over the past few years we have seen plenty and plenty of car insurance commercials. Geico, Progressive, Allstate, and Liberty Mutual have all dominated our television sets. State Farm has arguably been the most dominant out of all these companies in television advertisements. They have created funny commercials and have created brand recognition with one of the most lovable NFL players endorsing them. The funny commercials normally consist of someone who has gotten into a car accident and then calls for an agent by saying “like a good neighbor, state farm is there” and magically a State Farm agent appears to give the customer anything they wish for. The commercials also show the consequences of what a person who do not have State Farm as you see those people waiting on the phone for hours just to talk to an agent. Recently the more popular commercials have featured 2010 NFL MVP Aaron Rodgers. In the commercials Aaron Rodgers see other people use his touchdown dance as a dance move for “discount double check” which is a State Farm’s way of saying that anyone can double check to see if they qualify for many different discounts.

    The result of these commercials has lead to a lot of success in the car insurance industry for State Farm. They now have 18.7% of the car insurance market share. That may not sound like a lot, but it is 80% more than the next closes company in the industry. The change in revenue has been quite drastic too. In 2009 State Farm made $570 million in revenue, in 2010 they made $951 million, and last year State Farm made over $1.8 billion. Thats more than triple the revenue in three years. With all the commercials for car insurance we see today there is no doubt that insurance companies believe TV is their best way to reach out to people, State Farm has obviously been able to differentiate themselves enough to get themselves to the top.

    Discount Double Check Commercial


  • Gangnam Style Re-Created- Temple AMA STYLE


  • What’s YOUR Klout score?

    I know that you are obsessed with social media. You read this blog, you have a Facebook with 800 friends, you tweet everyday, and maybe you even run your own blog. But did you know that you can receive a score of how influential you are amongst all of your social media platforms? It’s called your Klout score, and the Klout webpage is on a mission to rank the influence of every human being that actively uses social media. This so-called “score” is calculated using an algorithm that measures a variety of variables such as frequency of posts or updates, the number of likes or retweets, and shares of your content on Facebook, Twitter, Google+, LinkedIn, Instagram, Tumblr, etc. This score is out of 100 points and high scorers can qualify for “Klout Perks” like freebies from companies eager to advertise their own products. Who has a perfect Klout score you ask? President Obama and Justin Bieber. I personally have a Klout score of 47 which according to wired.com is on par with the Aflac Duck.

    If you are in the interviewing process or on the lookout for jobs, be aware that not only do some employers check on your Facebook, but many may even check your Klout score. This pertains especially to jobs that have a strong focus on social media or technology. This doesn’t mean that you shouldn’t become so obsessed with improving your score or tweeting something every minute, but it’s important to be aware of as our society greatly encourages us to be involved with social media.

    What can you do to improve your Klout score?

    1. Improve the “cadence” of your posts and tweets. This means post more often and keep content relevant.
    2. Focus on updating about one topic instead of spreading yourself thin among many topics.
    3. Make and keep relationships with high Klout scorers who are likely to respond to your tweets or retweet them, therefore sending your content out to others.
    4. Keep things upbeat and positive and stay away from negative topics or “bad day” posts.
    Read the rest of the article on wired.com here.



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