Professional Documents
Culture Documents
Table Of Contents
Situation Analysis 2 E-Marketing Strategic Planning 5 Objectives& Strategies 10 Strategy Implementation.. 13 Website Development.. 16 Budgeting. 18 Analytics& Evaluation Website Screenshots.. 19 20
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Situation Analysis
Review of Existing Marketing Plan (On & Offline)
Our client, I Rep The Boot (IRTB), is currently lacking a formalized version of a marketing plan for both on and offline components. When we discussed their existing marketing plan, they informed us that instead of having a marketing plan that was formal and in writing, they have been playing it by ear. For example, they are trying out different marketing methods in order to see what is working and what is not. In doing this, I Rep The Boot focuses on making adjustments when they feel necessary. One of their main focuses is on maintaining positive, beneficial relationships with their consumers and in their professional network with suppliers and their distribution channels.
Market Review
The target market for I Rep The Boot is defined as youth and young adults in the state of Louisiana. The age range of their consumer market is 13-25 and they aim to target consumer who have pride in the state of Louisiana for the apparel component of their company. As far as their community service aspect, this is geared toward low-income youth in Louisiana. They want to create a movement aimed at tapping latent potential that exists within members of our statewide society. In this aspect, through networking, collaboration and improved connectivity, I Rep The Boot hopes to provide these individuals with an avenue of ideas, hope, and inspiration to change the world in a positive manner. Social outreach with community service and entrepreneurship with individual economic gain is the main focus of this component of their company. As far as their blog is concerned, they are aiming to use this as a platform to inform consumers of all of their upcoming events such as their IRTB Fall College Tour. In doing this, their experiences from their events will also be reported and documented through their blog. The most important focus for their blog is to serve as a cultural literacy tool reporting on different topics in the social, political, economic, and cultural spheres. They also want to regularly feature columns highlighting individuals who embody the spirit and positively represent the brand, I Rep The Boot.
SWOT Analysis
Strengths: The strengths of our client, I Rep The Boot, are that they have a unique apparel concept focusing on state pride for Louisiana among urban youth and young adults. They also have strong relationships with their customers and suppliers. I Rep The Boot is able to have a unique brand that is protected by supply agreements. Also, Due to their concept of Louisiana pride, this also allows them to have a strategic alliance with other Louisiana based businesses. Weaknesses: Some weaknesses faced by I Rep The Boot are that they do not have their own equipment, such as screen print machines, company computers, etc. They also lack industry
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knowledge, have a low workforce, have low awareness of their community service and blog aspects, and the apparel is only sold online. Most of these weaknesses are due to insufficient financial resources that are necessary to fund changes within the company and make improvements. Opportunities: I Rep The Boot has a variety of opportunities they could take advantage of. They could diversify their business interests by expanding into supplier fields, product ranges, and customer bases. On major opportunity for IRTB is that the culture of Louisiana creates opportunities for peak business times such as Mardi Gras, college sports seasons, Bayou Classic, cultural festivals, etc. They could take advantage of this by expanding their geographic coverage and creating custom color schemes for certain events. Threats: The main threat to I Rep The Boot is that there are time periods of slow market growth throughout the fiscal year. There is also a growing power of suppliers. Other major threats are the changing Internet policies, increases of online hosting fees and general changes in fashion trends and in customer needs.
Music Blog: To successfully enter the music blog industry, you must have content generation, a strong social media strategy to attract readers, a differentiation strategy to show how you are unique and stand out from other numerous blogs, and create discussion. The content generation must be frequent and consistent to captivate and retain the attention of the target audience. Also, a bond can be created between readers and the blog when the readers can participate in discussions and voice their opinions. They often appreciate this interaction and this helps increase the retention rate. Community Service: To have a successful community service organization, there needs to be altruism and honesty, events that align with your mission, and a stable network for partnering with other organizations. Your goal and mission need to be transparent to society and events
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must match your mission so that the community will have a positive view of your organization. Through networking and partnerships, opportunities to expand your brand are presented. Also, financially speaking, you should apply for state funding if you do not already having the financial backing necessary to start your organization.
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I Rep the Boot is a multi-faceted organization that ultimately seeks to better the community. Its overall business plan can be broken down into three revenue streams: Apparel, Music Blog, and Community Activism. In the future I Rep the Boot would like to be a leader in the online and offline world builds communities across the nation. Their overall business strategy is diversified because of the many streams they operate that appeal to a wide range of audiences. They currently operate online, but do not have a clear e-marketing strategy in place. We have chosen to focus on their main audiences college-aged kids and High School teens for the online strategy. Current Value Propositions include Brand/Status, Customization, and Newness.
Primary Segments
Urban college-aged kids (18-24): o Personality Socially aware Engaged in community Engaged in the now Spot and participate in trends Spend almost 8 hours per day on the internet Social media Leisurely browsing Low expendable cash Willing to try new things
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Purchase online Entrepreneur mindsets Middle/High School Kids (13-17): o Personality Mobile online via phone Social networking Mainly Facebook Cyber bullying is an issue All about sharing with friends also Most are not purchasing online w/o parent consent Watch videos YouTube
Create attractive overall plan for organic community service projects and package in pitch video Create profile on online funding site Post project with set date for funding goals Promote on social media
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#2 ---Music Blog Artist Spotlight Auction Value Prop: Providing value to new artist by auctioning a special space for them. Digital Value Strategy: Gaining exposure to a larger online audience and possibly fans. Mediums: Designated section on music blog worked into design as a highlighted section and PayPal 3-month revenue increase: The pricing for the artist spotlight would be priced based on a bidding process with a base of $30. We anticipate the awareness to catch on by the third month the model is in place. Keeping the price low for the time will give small artist an advantage and eventually the pricing; since it is based on a bid will increase exponentially. Month 1 Bid Pricing (per $30 month) Bid Increase Total Implementation Steps: Change layout of blog and add Artist Spotlight section Promote with social media and WOM buzz PayPal used for payment of spotlight space Content manager works with Artist to update section Month 2 $30 Month 3 $36 20% $96
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#3 Online Customization Program for shirts Value Prop: Providing NEW value to existing shirts by allowing customers to use a given design and interactively pick type of shirt along with colors where they can visually review shirt before online purchase. Digital Value Strategy: Use online program to let customers customize shirts without hassle of phone orders. Mediums: RSK NetShirt 3-month revenue: This is based on the current price of I Rep The Boots Apparel online, $19.99. The Markup is based on a cost of software that would eventually break-even and providing an extra value to the customer. This averaged to be $5 per shirt. Sales increase is based on the current growth of shirt with a factor of higher increase after implementing. Month 1 $19.99 $5.00 $24.99 15 orders $374.85 $24.99 18 orders 15% $449.82 $24.99 23 25% $574.77 Month 2 Month 3
Sales/Pricing (current) Customization Markup New Price Shirt Sales (#) Sales increase Total Monthly Revenue
Implementation Steps: Install new program from e-commerce portion of site Email marketing programs to previous customers Promote on social media
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#4 Overall Improvement Model (Implement HootSuite and Time Release feature for Wordpress) Value Prop: By implementing these programs I Rep The Boot content managers can efficiently plan social media plans and promotions along with new blog post. Mediums: HootSuite & Time Release feature for WordPress 3-month revenue: This model is an improvement model presenting those working for I Rep The Boot with a more efficient way to handled blogs and social media post. This model will free up some time for more task. Implementation Steps: Install Programs Plan out social media and blog post Research high and low times of social media sites and programs post to correlate with those times.
Differentiation
Differentiation: Combining all of these models along with a website that correlates with all facets leads to a one stop shop on www.ireptheboot.com. This one stop shop will embody the culture of the segments targeted: apparel, music, and community building.
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Marketing Strategies and Objectives Relationships Search Engine Advertising & Paid Placement Strategy
Sell ad space on music blog and apparel site.
Affiliate Links
Sales increase for Increase affiliates new and existing through websites customers. like Kickstarter.com
Partnerships with other community service organizations. Forum on website for reviews on apparel products.
Increase brand awareness through social media platforms. Focus on ecommerce campaigns.
Sell apparel in stores and provide the store links on IRTB website.
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to partner with online magazines in order to increase awareness and build their professional networks.
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Strategy Implementation
Search Engine Advertisement & Paid Placement
Keyword Research: Below we have provided a set of keywords and phrases that best identify the company in a general sense so that when searching for these terms I Rep The Boot may rank in the search results and accurately be place in Search Engine Advertisements. Each keyword is complete with the amount of Google search results found on each one. This gives us insight on how competitive it will be to rank based on these words and combined phrases. Louisiana 590,000,000 results Fashion 3,300,000,000 results Music 11,940,000,000 results Service 12 billion Networking Youth Program 709,000,000 results Louisiana Pride 21,000,000 results Louisiana Apparel 27,900,000 results Louisiana Community 320,000,000 results Volunteer Louisiana 18,700,000 Budgeting SEO: Rank Tracker one-time $99 fee to download; features include reports based on current website, keyword tracker, link-building assistant.
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12 Month Plan: (June 2012 June 2013) Provide a monthly newsletter highlighting a different area of the business each month on a rotational basis. Website Requirements: Install Contact form directly on website and blog for visitors to sign up for the newsletter Install software that captures e-mails after every purchase of apparel on the e-commerce portion of the site.
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Post new T-shirt color or design photos (actual shirts), pictures from events. Pictures are imperative in Facebook marketing. They capture the readers attention before anything else.
Twitter: o Hashtagging: I Rep The Boot should pick one day centered on an organically created Trending Topic and encourage followers to participate. o Business: Use twitter to address any issue customers might be having. Open up conversation by maybe formulating a tweet asking for feedback. Ex. Anyone had any issues with ordering, website, etc.? Talk to us! Vevo/YouTube o Create a Vevo and YouTube account specifically fro I Rep The Boot o This channel would host all videos created whether promotion videos involving apparel or showing community service projects (further explained in Viral Marketing) 12 month plan: o Monthly contest: with different giveaways each month. Give users a goal to reach before drawing for the contest. Ex. If we reach 2,000 followers by Friday we will have a giveaway!
Viral Marketing
For a company such as I Rep The Boot viral marketing would be a great way to reach their target audience. Each segment explained in the earlier part of the project is a product of the Millennial era where viral marketing has proven effective. Video o As mentioned earlier in A/V Content I Rep The Boot would benefit from creating videos to embed on their site hosed on Vevo or YouTube. Implementation o Create Vevo/YouTube channel o Create videos for each segment of the business promoting or exposing information on certain topics suggestion listed below Apparel: short promotional videos displaying new color options or new designs Community: Create a cause-related video exploiting an issue in the community that should be addressed as a call to action. Music Blog: video music discussion among friends to create buzz around a topic or certain artist and draw them into the blog site for further discussion. 12 month plan: o Release a video monthly and encourage others to share so it can float around the internet.
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Website Development
I Rep The Boot does have an online presence as nearly all if their business is ran online. Their current domain URL www.ireptheboot.com is hosted through Intuit.
Website Objective
Metrics: Increase overall visitors by 70% Increase user-generated interaction Overall: Provide a clear value proposition of I Rep The Boots organization Increase awareness of I Rep The Boot Attract potential investors Keyword Taglines: Its not just a T-Shirt, Its a state of mind I Rep The Boot, a Louisiana based organization provides a network of Louisianas youth that are passionate about community through capturing culture. At the heart of every great historical movement is a sense of purpose, cooperation, and unity. . I Rep The Boot is a social and economic movement based in Louisiana seeking to establish a network through which self-motivated, progressive individuals lacking the means necessary to succeed alone can work together. Through collaboration, these individuals can empower each other and turn their individual dreams into a collective reality. We also provide you with a fresh look on the latest fashion and music with customized apparel and a music site to keep you laced with the newest hits in urban music
Content/Structure
About Us: o Mission o History The Movement: o Community Service Calendar of Events Forum for user-generated post of local volunteering opportunities The Fashion: o Apparel E-commerce site The Soundtrack: o Music Blog Artist Spotlight
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Contact Us
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Budgeting
Source of Estimate
Miscellaneous Subtotal
$1,908
$96 1,000
3.2% 33.3%
$1,096 $3,004
36.5% 100%
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Expected Improvements
Some expected improvements are to see an increase in customer interaction. In order for this to happen, the customers must be aware that they now are being presented with the opportunity to voice their opinions on products, events, music, etc. They also must be aware of the loyalty program and email club that would be taking place. In the loyalty club, customers who frequently purchase merchandise will be offered exclusive deals. For the email club, those who sign up will receive special notifications of new products, events, blog posts, etc.
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Achieve and maintain a growing readership and active participation on the music blog. The comment/post rate should be 60-70 per month Increase the amount of people participating in the community service events by 20%.
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Inventory of Online Program Elements (check appropriate space for each element) Description
Website If Yes, provide URL: www.ireptheboot.com Acquisition Programs (check all that are used) Search Engine Advertising/Paid Placement Display/Banner Advertising Contextual Advertising Search Engine Optimization Social Media/Network Affiliate Program Link-Building/Content Generation Other: _Viral Marketing___________________ Other: _________________________________ Retention Programs (check all that are used) Email-based Permission Newsletter Loyalty Program Customer Personalization Social Media/Network Other: _________________________________ Other: _________________________________ Revenue Models (check all that are used) Display Advertising Contextual Advertising Affiliate Links E-commerce Content Provider Other: _________________________________ Other: _________________________________
Required ___ ___ ___ _x_ _x_ ___ Required _x_ ___ Required _x_ ___ ___ ___
Required ___ ___ _x_ ___ Required ___ ___ ___ ___
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