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08
10
Spring
Made For:
Medical Inventors Group
Created By:
Kate Ammerman
Elisha Brandenburgh
Ryan Currier
Jamie Eisinger
Michael Livermon
Cassandra Muntz
TABLE OF CONTENTS
EXECUTIVE SUMMARY
3
INTRODUCTION
5
SITUATION ANALYSIS
6
SECONDARY RESEARCH
6
SWOT Analysis
7
Competitor Analysis
10
Target Market
14
PRIMARY RESEARCH
15
Research Goals
15
Research Design
16
Primary Conclusions
16
MARKETING STRATEGY
17
POSITIONING STRATEGY
17
COMMUNICATION OBJECTIVES
17
MESSAGE STRATEGY
18
BUDGET ALLOCATION
20
MEDIA STRATEGY
22
PUBLIC RELATIONS
22
Reasoning
22
Cost
23
Measuring Effectiveness
23
DIRECT MARKETING
23
Reasoning
24
Cost
25
Measuring Effectiveness
25
PROMOTIONS
25
Reasoning
27
Cost
29
Measuring Effectiveness
30
INTERACTIVE/INTERNET MARKETING
30
Reasoning
31
Cost
32
Measuring Effectiveness
33
PRINT
33
Reasoning
34
Cost
35
Measuring Effectiveness
35
BROADCAST
36
Reasoning
37
Cost
37
Measuring Effectiveness
37
CLOSING RECOMMENDATIONS
38
APPENDICES
40
EXECUTIVE SUMMARY
Medical Inventors Group (MIG) is a subsidiary of the holding company
Healthcare of Today. MIG works with companies that develop medical
inventions to assist in bringing these innovative solutions to market. This
plan assumes MIG will choose to take mediTOUCH to market versus
alternative market-entry strategies. These alternative strategies will be
discussed in the conclusion of the plan.
To better understand the wound care market both secondary and
primary research were conducted. The research showed that the wound care
market is dominated by two key players, Band-Aid Brand and Curad, and
that the highest users of bandages are children. After analyzing the research
results, the following communication objectives were determined:
first year.
Create interest in the mediTOUCH brand among 45% of the target
audience, within the first year after the IMC Plan implementation and
audience, within the first year after the IMC Plan implementation and
INTRODUCTION
Medical Inventors Group (MIG) is a subsidiary that is owned by the
holding company Healthcare of Today. Within the holding company, the
purpose of MIG is to help design, develop, and market medical inventions
that will be used in the industry and consumer markets. MIG acquires and
develops patents that it then brings to market through Healthcare of Todays
channels or by licensing the patents to other corporations.
The purpose of this Integrated Marketing Communications Plan is to
present a messaging strategy for the release of a new wound care bandage
called mediTOUCH1. This marketing plan will focus on highlighting the key
attributes of the bandage and communicate the distinctive competencies of
the mediTOUCH product to the consumer wound care market. Upon
implementation, the intention of this plan is to capture market share from
already established competitors and bring mediTOUCH to the forefront of the
wound care industry. The focus of this plan is on the consumer market, and
does not take into consideration the institutional markets, such as hospitals,
physician offices, etc., as MIG will use Healthcare of Todays channels for that
task.
1 mediTOUCH is the top choice for a brand name, from a handful of brand
names that were developed for this IMC Plan, and will therefore be used
throughout the plan.
6
SITUATION ANALYSIS
SECONDARY RESEARCH
In order to create an Integrated Marketing Communications plan it is
necessary to fully understand the relevant markets and industries. To gain
this understanding, secondary research was conducted to analyze the
competitive environment, market trends and consumer characteristics.
The U.S. wound care market is a multi-billion dollar industry currently
amounting to $4.1 billion.2 The largest sectors in the wound care industry are
dressings, sealants, and anti-adhesion products. Dressings were a $1.8 billion
industry in 2008 and account for 55.6% of total wound care revenues3. These
numbers highlight the growth potential and attractive market size of the
wound care industry.
Advanced moist wound dressings are the largest division of the
dressing market and are expected to continue to grow as new technologies
emerge. The increasing applications for minor to moderate injuries are
expected to boost demand in the bandage market by 4.2% annually through
2013.4 This is primarily a result of the aging population and increasing
medical recognition regarding the importance of using such products.
2 Brooks, Dick. "Introduction to Marketing 472." SDSU. San Diego, CA. 20 Jan
2010. Lecture.
3 "Market Report, "Personal Hygiene/Personal Care: Global Industry
Overview", published." XooArticles.com. Kaskara, 19 Apr 2010. Web. 4 May
2010. <http://www.xooarticles.com/market-report-personal-hygienepersonal-care-global-industry-overview-published_372.html>.
4 "World Wound Management Products." MarketResearch.com. Freedonia
Group Inc, 01 Jan 2010. Web. 4 May 2010.
<http://www.marketresearch.com/product/display.asp?
productid=2585205&g=1>.
7
WEAKNESSES
1. Lack of organizational
infrastructure and resources to
bring new products directly to
market
THREATS
1. Market saturation
2. Intense rivalry amongst current
competitors in the industry
3. Brand Loyalty to competition
4. Lack of knowledge among
consumers
Strengths
1. Technological Know-How: The mediTOUCH bandage will incorporate
key technological advancements that are currently under patent by MIG. This
superior products innovative technology accelerates the natural healing
process in a chemical-free way, and allows a wound to breathe. This attribute
differentiates mediTOUCH bandages from the other firms in the industry,
which will ultimately enable it to better serve the consumer wound dressing
market.
2. Patent Protection: A strong patent protects MIGs technological knowhow, preventing the competition from imitating or duplicating their
mediTOUCH bandage. Patent protection enables a firm to remain the market
leader for as long as the patent holds, effectively creating a high barrier to
entry.
Weaknesses
1. Lack of Organizational Infrastructure and Resources: MIG acts as a
research and development think tank, enabling innovative ideas to hatch,
develop and eventually become a reality in the medical space. MIG lacks
both the monetary and organizational capabilities to launch a commercial
product nationally. In order to bring the mediTOUCH bandage to market and
succeed as a viable competitor against the industry leaders, a national
branding campaign is necessary. This marketing campaign would utilize
traditional and new media, namely public relations, print, broadcast, direct
marketing, promotional events, and the Internet. A campaign of this scale
requires certain organizational and firm infrastructure and resources, which
MIG does not possess at this time.
Opportunities
1. First-to-Market Advantage: The first-to-market advantage allows MIG
to capture a share of the market before the competition can start to emulate
the brands differentiating technology. The patent ownership is critical in
protecting the firms prosperity, giving it a window of security to build brand
loyalty and brand equity before competitors can compete against MIG on a
technological basis.
2. Address a Currently Unknown Need: mediTOUCHs technology
enables a revolutionary healing process. There are no products in the wound
dressing market that can naturally heal a wound and allow breathability.
Consumers are not aware of the fact that the bandages currently sold in
retail pharmacies are not healing their wounds, merely covering them up.
There is an opportunity to inform the public about what proper wound care
is, highlight the fact that there is a need for proper wound care, and present
them with the mediTOUCH solution.
3. Low Switching Costs for Consumers: Consumers purchasing bandages
have low switching costs because wound dressings are a low involvement
product. The fact that the switching costs are low represents an opportunity
for mediTOUCH because the market is willing and able to try the product.
Threats
1. Market Saturation: The market for wound dressing is saturated and the
demand is stagnant. There are no large trends besides the aging population
that would lead to an increase in demand for bandages.
2. Intense Rivalry Among Competitors: The wound dressing industry is
dominated by Band-Aid Brand and Curad, posing a major barrier to entry
and success. The rest of the market is fragmented, comprised of other
competitors and generic brands. Another factor adding to the intense rivalry
in this industry is the ability of the generics to offer bandages for extremely
low prices. This ability affects the average price of bandages and forces
10
Competitor Analysis
There are many different products within the wound care industry.
Items are available in a vast array of assortments, styles, and sizes. Each
product has an overall distinguishing feature or distinctive competency that
its respective marketing campaigns highlight. While all of the competing
products promote infection protection, none of the products are able to
actually promote faster healing and other key aspects that mediTOUCH
makes possible.
6 Calvin P. Duncan Consumer Market Beliefs: A Review of the Literature and the Agenda for Future
Research in Marvin E. Goldberg. Gerald Gorn, and Richard W. Pollay eds., Advances in Consumer
Research 17 (Provo, UT: association for consumer research 1990); 729-35
11
Pros
Cons
Cheapest to produce
Inflexible
Adheres well wet/dry
Suffocates wounds
Protects wounds from
infection
Fabric Bandages
Flexible
More expensive
Breathable
Limited breathability
Adheres well wet/dry
Protects wounds form
infection
Foam Bandages
Maximum Comfort
Most expensive material
Flexible
to produce
Protects from infection
Poor adhesion
Medicated
2-in-1
Expensive
Kills/prevents germs
Risk of developing
Prevents infection
immunity
Prevents scarring
Advanced Healing
Moisture seal to mimic natural Unnatural materials
healing process
Limited breathability
Seals out water and bacteria
Absorbs excess moisture to be
evaporated
May have Neosporin
Antibiotic Ointment Kills germs
Chemicals
Prevents infection
Risk of immunity and
Prevents scarring
secondary infection
Pricing for competing products within the wound care industry is highly
competitive. The following table represents the current pricing for products
12
Pricing Analysis7
Price Range
Amount of Bandage in Each Package
Brand Name
Bandages
Generic Bandages
$4.29-4.99
8 -60count
$2.99-6.99
10-100 count
Kids Cartoon
Bandages
Advanced Healing
(with Neosporin)
Neosporin
Generic anti-biotic
$1.99-3.99
$4.99-10.99
6-10 count
$5.29-9.99
$5.99
.5oz-1oz
1oz
Band-Aid Brand
Band-Aid Brand is our most intense competitor. The first bandage
was created in 1920 by Johnson & Johnson. Since then, Johnson & Johnsons
Band-Aid Brand has gone on to capture 60% of the market share, while the
many small players in the industry are fragmented with 2-3% each8. BandAid Brands brand equity poses a major barrier to entry in this market. The
Advanced Healing Bandage is Band-Aid Brands product that mediTOUCH
will compete most directly with, as it claims to have more advanced healing
properties9. Another competitive advantage that Band-Aid Brand has is
their relationships with external firms who own the copyrights to various
7 This pricing analysis is derived directly from pharmacies and retail store
offerings in San Diego, CA.
8 Minderovic, Christine. "The Ouchless Bandage Campaign." Beiersdorf,
Incorporated n. pag. Web. 2 May 2010.
<http://www.jiffynotes.com/a_study_guides/book_notes_add/emmc_0001_00
01_0/emmc_0001_0001_0_00034.html>.
9 "Our Products." Band-Aid Brand(R) Adhesive Bandages. N.p., 2010. Web. 2
May 2010. <http://www.bandaid.com/ourProducts.jsp>.
13
Target Market
It is recommended that MIG implement a Differentiated Marketing
Strategy to communicate its marketing message, which involves marketing
in a number of segments but developing separate marketing strategies for
each. The bases for segmentation are demographic, behavior, and
psychographic. The relevant demographic factors for this product launch are
age and ethnicity. The target market for mediTOUCH bandages are parents of
young children ages 3-15 years of age. Seventy percent of bandage users
are children in this age range, making them the primary users of this
16 This pricing analysis is derived directly from pharmacies and retail store
offerings in San Diego, CA.
16
product17. Despite their high usage rate of bandages, these children are not
the actual consumers, or the ones purchasing the product in stores.
Therefore, mediTOUCH needs to target the household purchasers, namely
mothers, fathers, guardians, and secondarily, children ages 3-15. MIG should
also develop a separate campaign using cultural images and languages that
target the Hispanic market, as it is the largest minority group in the US,
comprising 12.5% of the U.S. population.18 Research also shows that the
Hispanic market is especially brand loyal, has larger family sizes with 3.5
people, compared to the national average of 2.7 people, making it a very
attractive market for emerging brands.19 Within the target market of mothers
of young children, MIG should focus on psychographic variables, such as
lifestyle. The Lifestyles of Health and Sustainability (LOHAS) is an emerging
psychographic segment, which includes nature- and eco-conscious
consumers. This $200+ Billion market, expecting to double by 2010, and
quadruple by 2015.20
PRIMARY RESEARCH
Research Goals
18
20
MARKETING STRATEGY
POSITIONING STRATEGY
The wound care market is dominated by Band-Aid Brand. Currently,
bandages are synonymous with Band-Aid Brand, and consumers use the
term Band-Aid interchangeably with bandage. The launch of the mediTOUCH
bandage will need to disrupt this market and position itself as the leading
and superior bandage.
For parents and guardians of children ages 3-15, mediTOUCH is a
bandage that provides advanced natural healing enabled by a patentprotected technology, unlike the current bandage manufacturers, such as
Band-Aid Brand, which provide a temporary fix to open wounds. The
unique selling proposition of mediTOUCH is the bandages core advanced
healing technology that allows a wound to breathe while simultaneously
healing, which can be communicated using the tagline, Healing the way
nature intended.
As bandages are a low-involvement product, mediTOUCH will leverage
its positioning strategy to move rapidly through the peripheral route of the
Elaboration Likelihood Model, changing consumer beliefs, behaviors and
attitudes, respectively.
COMMUNICATION OBEJCTIVES
21
MESSAGING STRATEGY
Cognitive messages are an effective communication strategy when
introducing a new, low involvement product, similar to mediTOUCH, which
has a key product differentiator. The New Product Innovation Adoption Model
suggests a cognitive pathway a consumer follows, resulting in the purchase
of a completely new product or service. There are five stages: knowledge,
persuasion, decision, implementation and confirmation.
22
22
Vehicles
Press Releases- PR Newswire
Press Conferences
Cost x Units
$195 Annually +
services needed
Total
$195 Annually +
services needed
$645,000
24
Marketing
7.5%
Promotions
50%
Mailing List
Events- Post Card- 6 x 8.5 including
sample
Tri-Tray Floor Display- 5
One-Sided A Frame Floor Display- 4.5
Standard Counter Display- 18
12 Pocket Side Wing Display- 4
Internet
3%
Print
7.5%
Broadcast
30%
units + bandage +
postage
$.10 x 3 million units +
bandage
$25/Display x 4,000
$30/Display x 4,000
$23/Display x 1,000
$26/Display x 1,000
$300,000
$100,000
$120,000
$23,000
$26,000
+ (negotiations
with store,
incentives, slottin
fee)
$17,400
$464,004
$464,004
$60,000
$60,000
$70,315/Ad/Issue x 4
$131,721/Ad/Issue x 4
$259,960/Ad/Issue x 4
$342,600/Ad/Issue x 4
$344,475/Ad/Issue x 4
$281,260
$526,884
$1,039,84
$1,370,400
$1,377,900
$2,055/spot x 36
$4,332/spot x 36
$290/spot x 36
$120/spot x 36
$205/spot x 36
$550/spot x 36
$1,4075/Spot x 10
$1,353/Spot x 20
$1,982
$11,956
$10,440
$4,320
$7,380
$19,800
$40,751
$7,061
Total:
$5,939,737
Note: Although these figures are high in relation to the original budget, all of these media vehicles
have less expensive options (smaller size, black and white, partial circulation and regional markets).
These specifications can reduce the price by more than half in some cases.The media selections are
listed above may change depending on the scope of the IMC campaign and budget.
25
MEDIA STRATEGY
PUBLIC RELATIONS
For Public Relations (PR), it is recommended that MIG implement press
releases and press conferences. By utilizing these two PR vehicles,
mediTOUCH can increase its interactions with key news forces, including
broadcast, print and online publications. When writing and distributing its
press releases, MIG should focus the content on the technological
advantages of the mediTOUCH bandage, and work to build the relationships
with the Associated Press and any other appropriate news vehicles. It is
suggested that MIG become a member of PR Newswire for a low annual fee,
subject to fee increases for additional services, to aid in the distribution of
the mediTOUCH press releases. PR Newswires services include assistance in
initial release of information, creation of press releases, and measuring the
effectiveness of a companys PR efforts23.
Reasoning
When launching a new product that has a new distinctive competency
unknown or misunderstood by the public, as is the case with mediTOUCH
bandages, PR is an important tool used to spread awareness and
acceptance. A effective PR campaign can increase understanding of
mediTOUCHs advantages by introducing the problem with current bandage
solutions available in the market, such as improper healing, and
consequently highlighting the ways in which mediTOUCH solves the problem.
Cost
23 "Reliable Distribution Services. Innovative Communications Products.." PR
Newswire. PR Newswire, 2010. Web. 2 May 2010.
<http://www.prnewswire.com/products-services/>.
26
The cost of Public Relations is relatively low, but varies depending upon the
selected distribution methods of the press releases, and the selected
services offered by PR Newswire. Additional costs can be incurred regarding
venue and complementary services provided by MIG to entice reporters and
news stations to cover the mediTOUCH story.
Measuring Effectiveness
MIG can measure the effectiveness of its PR initiatives by using online
analytical tools to obtain the number of views of online PR articles or blogs,
and the amount of web traffic the mediTOUCH website experiences after
major PR announcements. To monitor the effectiveness of PR efforts in print
mediums, MIG should employ a clipping service to measure the amount the
mediTOUCH bandage is mentioned.
DIRECT MARKETING
For mediTOUCH, the most relevant and effective type of direct
marketing is direct mail. It is recommended that MIG distribute double-sided
postcards with the following core elements: a sample mediTOUCH bandage,
and a coupon for a discount on a box of mediTOUCH bandages to be
redeemed at a local retail pharmacy. See Appendix K for a sample design of
the direct mail piece.
A key aspect of a direct mail campaign is the mailing list. A campaign
of this nature will not be successful without a mailing list that targets the
selected mediTOUCH consumer demographics. For mediTOUCH, mothers and
fathers of young children in middle to upper income levels comprise the
target market. By obtaining a list specific to this market, mediTOUCH can
27
reap a higher return on the investment and costs associated with direct mail
pieces because a more selective list ensures a higher rate of response or
purchase from consumers, and eliminates waste coverage because of this
selectivity.
Reasoning
A direct mail campaign containing a sample of the product targeting
the core demographics of mediTOUCH would allow mediTOUCH to put its
bandage in the hands of its consumers. The New Product Innovation
Adoption Model highlights the necessity for new products like mediTOUCH to
be trialed by consumers prior to purchase. Before a consumer will make the
decision to switch products and brand loyalties, he or she needs to fully
understand the products competitive advantage. For mediTOUCH, this
advantage is technology-based, and thus, more persuasive when consumers
gain first-hand experience with the improved healing the mediTOUCH
bandage enables. Additional research from a sample of mothers that fall into
the mediTOUCH target market shows that a direct mail piece containing a
sample of the bandage would greatly increase the probability that they
would trial the product on their children or themselves.24 Direct mail also
lends itself to customization very well. mediTOUCH will have the unique
ability to build more personalization into their direct mail pieces by using
specific adult or childrens names, and by providing a sample of a solution
that recognizes their specific needs. These personalization aspects are
important for mediTOUCH, as it is launching a product in a market where its
24 These conclusions were derived from the results from a survey with parents of young children.
Please see Appendix K.
28
rival, Band-Aid Brand, has extreme brand loyalty, and has become
ingrained in the lives, both past and present, of consumers. Developing a
campaign that works to build a relationship between mediTOUCH and
parents is critical in order for mediTOUCH to gain market share.
Cost
The cost of a direct mail campaign depends on the type of design and
packaging of the direct mail piece, but could cost around $0.10 per print 25.
Because the mediTOUCH product is small, light-weight and non-perishable, it
is a natural fit with direct mail. Another inherent cost of producing a direct
mail campaign is the mailing list, the prices varying greatly depending upon
how in-depth and specialized a market MIG chooses to focus on. mediTOUCH
will also need to pay for the postage.
Measuring Effectiveness
An advantage of direct marketing, particularly direct mail campaigns, is that
it is quite simple to measure effectiveness in a very accurate way. The key to
a direct marketing campaign is to elicit a specific response from consumers.
The coupon code that is on the direct mail piece can be measured in-store,
when the coupon is redeemed upon product purchase.
PROMOTIONS
Within the medium of Promotions, both promotional events and Pointof-Purchase (P.O.P.) displays are important for mediTOUCH to employ.
At the promotional events MIG will participate in, it is critical that the
mediTOUCH bandages are distributed for consumers to sample. This will
encourage consumers to use the bandage and possibly make the decision to
continue using the product. When consumers experience the advanced
healing properties of the mediTOUCH bandage, they are more likely to switch
25 "Brochures, Products & Services." PostcardMania. N.p., 28 Apr 2010. Web. 28 Apr 2010.
<http://www.postcardmania.com/products-services/brochures/index.php>.
29
bandage brands and become brand loyal to mediTOUCH. Each trial package
that is distributed at events will contain a single bandage featuring the
different designs, styles, and colors mediTOUCH offers. The packages will
also contain a coupon for a discount when purchasing the mediTOUCH
bandages at local retailers. A sample of the promotional package can be
seen in Appendix K. The venues where mediTOUCH chooses to hold these
promotional events are important, and should be selected carefully, while
keeping the target market in mind. It would be most beneficial to target
events where parents and children are present, such as jog-a-thons, walk-athons, holiday festivals, fairs and other relevant community events. These
types of events offer an ideal situation for mediTOUCH in that both segments
of the target market, children and parents, can interact with the mediTOUCH
product.
P.O.P. displays can include end-of-aisle displays, in-store banners,
check-out displays, product packaging, and in-store digital displays, such as
televisions in retail outlets and pharmacies. The packaging of the actual
product can also be leveraged as a communication medium. Packaging is
essential in showing consistency between all marketing efforts and tangibly
emphasizes a brands core values.26 It provides consumers with product
information including use, composition, and sales promotions. Product
differentiation employed through packaging design efforts aims to attract
attention among competing products within the shelf and/or aisle, and
26
Belch, George, and Michael Belch. Advertising and Promotion. 8th ed. New York City, NY: McGrawHill, 2009. 62. Print.
30
27
31
reinforces the products natural claim, and white represents purity, reinforcing
that this product is void of chemicals.
The package should also display key attribute bubbles. The most
important attributes to highlight are no-chemicals, accelerated healing,
and breathability. See Appendix L for a mock-up of the packaging.
Reasoning
Promotional events will aid in mediTOUCHs success in the market. By
having a presence at relevant events, such as community fairs, mediTOUCH
has the opportunity to directly communicate with its potential consumers,
while simultaneously building brand equity29. Consumers can have an
interactive conversation with a mediTOUCH representative as opposed to the
one-sided aspect of other conventional marketing tools. The one-on-one
discussions that promotional events enable can be a very powerful and
persuasive marketing tactic for mediTOUCH.
mediTOUCH can entice the children with colorful and fun product
designs while teaching the adults the value of the technological
advancements of the bandages. It is not enough for consumers to learn
about the product, trialing the bandage and experiencing the benefits of
mediTOUCH is crucial to its success.
In addition to mediTOUCH presence at promotional events, MIG should
implement P.O.P. displays in pharmacies and retail outlets across the nation.
An advantage of P.O.P displays is their ability to inform, excite and persuade
consumers about the advantages of the bandage while in-store. Because
29
http://www-personal.usyd.edu.au/~wotoole/EPMS_Planning/Function_areas/promotion.html
32
31 Ronald, Lane, Karen King, and Thomas Russell. Kleppnersrs Advertising Procedure. 449-450. New
Jersey: Prentice Hall, 2008
32 Moore, Patricia. The Power of POP. AdMedia 32.2 (2008): 34-38. Business Source Premier. EBSCO.
Web. 14 Apr. 2010
33
will be around $0.10 per print33. To maintain consistency and overall brand
continuity, it is recommended that MIG use the same marketing materials at
promotional events as it does in its direct mail campaigns. Labor costs for
these events can be very minimal through the use of unpaid interns who are
looking for marketing experience. Essentially the only cost would be the
hiring, training, and uniform costs.
Similarly, the costs associated with the P.O.P. displays and in-store
promotions can range from $10-$100 for the actual displays34. There are also
costs inherent in the relationship management with the partnering retailers,
such as placement negotiations and incentive programs.
Measuring Effectiveness
There are several ways that MIG can measure the success of
promotional events. Firstly, the coupons in the trial packets could contain a
promotional code to be entered on the mediTOUCH website, providing a way
to measure the amount of consumers who followed through with obtaining
more bandages, based on their experience at the promotional event.
mediTOUCH can track the amount of coupons and trial packets handed out,
as well as the amount of consumers who redeemed the coupon.
The most effective way to measure the success of the P.O.P. displays is
by dispensing coupons at the location of the P.O.P. This can be executed
using an electronic dispenser or a pad of tear-off coupons attached to the
actual display itself. Here, the coupon code would translate the information
about the displays location, redemption rate and value the display
33 "Brochures, Products & Services." PostcardMania. N.p., 28 Apr 2010. Web. 28 Apr 2010.
<http://www.postcardmania.com/products-services/brochures/index.php>.
34 Meridian Display. N.p., 28 Apr 2010. Web. 28 Apr 2010. <http://www.meridiandisplay.com/>.
34
among mothers35
Social Networking sites to utilize world-of-mouth marketing at
Cafmom.com, Mayasmom.com, Mothersclick.com,
35
36
42
" Advertise Your Business on Google." Welcome to Google AdWords. Google, n.d. Web. 2 May 2010.
<http://www.google.com/ads/adwords/>.
PRINT MEDIA
Magazines and newspapers are the most relevant print media
vehicles for MIG to utilize when launching its mediTOUCH bandages. MRI+
reports that Womens Day, Good Housekeeping, Allure, Readers Digest, and
Working Mother are the top five magazines for mediTOUCHs target
demographic: mothers of young children44. These magazine advertisements
should include images of children, as 75% of mothers rank ads that feature
children as highly effective, as well as free-standing inserts with a sample of
the mediTOUCH bandage because trial of the product is crucial.45 See
Appendix O for a sample Print ad for mediTOUCH. Another method to solicit
product trial is to have the ad printed on the newspaper packaging or plastic
44 "MRI +." mriplus.com. Mediamark Research and Intelligence, 15 04 2010.
Web. 2 May 2010. <http://www.mriplus.com/site/index.aspx?
AspxAutoDetectCookieSupport=1>.
4 5 Bailey, Maria. "The Mom Market: Market Research." BSM Media n. pag. Web. 29 Apr 2010.
<http://www.bsmmedia.com/resources/marketresearch.php>.
38
46 Bailey, Maria. "The Mom Market: Market Research." BSM Media n. pag.
Web. 29 Apr 2010.
<http://www.bsmmedia.com/resources/marketresearch.php>.
47 Belch, George, and Michael Belch. Advertising and Promotion. 8th ed. New
York City, NY: McGraw-Hill, 2009. 413. Print.
39
presents an advantage for MIG. Sunday editions of the paper capture 5%48
more adults versus weekday editions and 80%49 of consumers find
newspaper ads most helpful in weekly shopping. Utilizing the newspapers
packaging eliminates the risk that the ad and/or sample will get overlooked
in the clutter of other free-standing inserts that are featured in the Sunday
edition.
Another advantage of using newspapers as a marketing tool is the
regional selectivity it offers marketers. This allows marketers to tailor
messages for a specific geographic area or target market, thus improving the
marketing return on investment.
Cost
Costs to advertise in the aforementioned magazines range from
$70,00050 to $350,00051 for one run of a targeted, national advertisement. A
run or an advertisement depends upon the printing and publication cycle of
various magazines, but for mediTOUCHs target magazines, is about one
month. The additional cost of the sample mediTOUCH bandages provided
with the newspaper or as part of the magazine advertisement must also be
included in the total price.
48 Belch, George, and Michael Belch. Advertising and Promotion. 8th ed. New
York City, NY: McGraw-Hill, 2009. 409. Print.
49 Belch, George, and Michael Belch. Advertising and Promotion. 8th ed. New
York City, NY: McGraw-Hill, 2009. 414. Print.
50 "Advertising Opportunities." Working Mother. Working Mother, n.d. Web.
29 Apr 2010. <http://mediakit.workingmother.com/?service=vpage/4231 >.
51 "Media Kit." Good Housekeeping. Good Housekeeping, n.d. Web. 29 Apr
2010. <http://www.ghmediakit.com/r5/showkiosk.asp?
listing_id=2699599&category_id=60998>
40
Measuring Effectiveness
The key ways MIG can measure the effectiveness of its print
marketing campaigns are through inquiry tests, recognition tests, and recall
tests. Inquiry tests offer measurement of the ads effectiveness based on the
number of inquiries generated, reader response cards, and number of
coupons used for purchase. Split-run tests should be employed in initial ad
runs to determine which specific ad generates the strongest response.
Recognition tests or Starch tests give the marketer statistics on percentage
of readers who saw the ad, percentage who recall any part of the ad
identifying product and/or brand, and percentage of readers who read at
minimum half of the ad copy. Recall tests give an accurate measure of those
that can recall the ad, the point of sale options readers recall, and the
attitude or reaction toward the brand as a whole.
BROADCAST
Television offers advantages over the other mediums, such as
pervasiveness and amplified expressiveness. For the mediTOUCH bandage,
our primary objective is to spread brand awareness among our target
market: mothers. The ideal medium to do this is television, specifically
during the day. Television combines picture, sound, and motion, which
engage viewers on multiple sensory levels. This medium also has
considerable reach compared to other mediums, as over 98% of U.S.
households have at least one television.52
52 Belch, George, and Michael Belch. Advertising and Promotion. 8th ed. New
York City, NY: McGraw-Hill, 2009. 371. Print.
41
5 3 Bailey, Maria. "The Mom Market: Market Research." BSM Media n. pag. Web. 29 Apr 2010.
<http://www.bsmmedia.com/resources/marketresearch.php>.
CLOSING RECOMMENDATIONS
campaign. This plan recommends the use of six different mediums that will
communicate the same unique selling proposition across all targets.
45
A: Survey
46
time?
15. Would you be willing to try a bandage that breathes?
16. Do you find a need for a bandage that would promote healing would be all natural and
void of chemicals?
17. If the price of these bandages were the same as BandAid but the quality was
significantly higher, would you consider purchasing even if there were less bandages in the
box?
Thank You For Your Time!
47
Material of bandage
Scar prevention
#2- 5 #6- 1
#3- 2 N/A- 2
#4- 1
#1- 3 #5- 2
#2- 4 #6- 0
#3- 4 N/A- 1
#4- 2
#1- 1 #5- 4
#2- 3 #6- 2
#3- 1 N/A- 3
#4- 2
$= Economical- 4
Adhesive/material=Dur
ability- 4
Healing Time=Medical- 3
Style=Image- 1
N/A- 4
Price- 6
Brand- 4
What caused you to buy the particular Price+Brand- 1
box
Quality- 2
New Character- 1
NA- 2
Will you buy this same product again?
Why?
Have you ever noticed white/soggy
wound
Are you aware this suffocates the
wound- prolonging healing time?
Would you try a brand that breathes
Find a need for all natural & void of
chemicals
If the price of these bandages were
the same as BandAid but the quality
was significantly higher, would you
consider purchasing even if there
were less bandages in the box?
No- 3
Yes- 12
No- 4
Yes- 16
No- 0
Yes- 14
No- 2
Yes- 14
Possibly- 2
No- 1
49
50
51
52
Age
Gender
Color
Sport
12yr- 13
13yr- 23
14yr- 11
15yr- 1
M- 11
F- 35
Blue- 15
Green- 9
Purple- 7
Red- 5
Pink- 4
Teal- 3
Black- 3
Orange- 2
Yellow- 1
Soccer- 10
Bball- 7
Swim- 6
Vball- 4
Sball- 4
Lacross- 2
Football- 2
Gymnast- 2
Cheer- 2
Track- 1
Yes- 32
No- 11
Yes- 13
No- 29
Yes- 14
No- 30
Glow in the dark- 11
Sponge Bob- 5
Dora- 3
Elmo- 3
Hello Kitty- 2
Zebra Print-2
Batman-1
Spiderman-1
Red/white/blue-1
Neon-1
53
Puzzle pieces-1
Clear ones-1
Favorite TV Show
Favorite Superhero
Donald Duck-1
Family Guy-1
Power Puff Girls-1
Tokidoki-1
Betty Boop-1
Rocket Power-1
Charlie Brown-1
The Smurfs-1
Phineas & Ferb-1
A Picture of Me- 7
Neon Colors- 3
Elmo- 3
A smiley face- 2
Cookies- 2
Pictures of Friends-1
Kobe Bryant-1
Chowder (the cartoon) -1
A checker board-1
A kid falling down-1
A zombie-1
Skulls-1
A rainbow-1
Swirls-1
Tokidoki-1
Hello Kitty-1
Sports- 1
Bacon Strips- 1
Breast Cancer Ribbon- 1
Barbie- 1
55
35.
Handy Mandy
36.
Danny Phantom
37.
Tom and Jerry
38.
Cat in the Hat
39.
Imagination Movers
40.
Curios George
41.
42.
D. sport
43.
Soccer 9
44.
Baseball 2
45.
Skateboarding 2
46.
Football 2
47.
48.
E. color
49.
Red 4
50.
Pink 2
51.
Blue 2
52.
Turquoise 2
53.
Green 1
54.
Purple 1
55.
Yellow 1
56.
Orange 1
57.
Black 1
58.
3. What do you like best on
your band-aid59.
Colors 6
60.
Cartoons 5
61.
Plain 3
62.
Superheroes 1
63.
64.
4. If you could have
anything on your band-aid,
what would it be?
65.
Stars 3
66.
Blood 2
67.
Sponge Bob 2
68.
Light up
56
69.
70.
71.
72.
73.
74.
75.
76.
77.
Ice Cream
Monsters
A silver one
Princesses
Hello Kitty
Spiderman
Batman
Star Wars
88.
Keeps you safe 2
89.
Protects 2
90.
Heals
91.
I dont like them!
92.
7. What don't you like about
wearing a band-aid?
Sticky 6
93.
Hurts to take off 4
94.
Get gross/Dirty 2
95.
Stinky
96.
Not comfy
97.
When I dont have a
boo boo and I cant wear
one
98.
99.
8. What shapes would
you like a band-aid to be?
100.
Star 5
101.
Snake 4
102.
Circle 2
103.
Square 2
104.
Oval
105.
Rectangle
106.
57
107.
108.
109.
110.
111.
112.
113.
58
114.
115.
INTERNET: WorkingMother.com
116.
117.
59
118.
INTERNET: CBS.com
119.
120.
121.
INTERNET: FoodNetwork.com
123.
122.
INTERNET: Google AdWords
124.
125.
INTERNET: Yahoo.com and Flikr.com
60
126.
127.
PRINT: Working Mother
128.
129.
130.
131.
132.
133.
134.
135.
136.
137.
62
138.
140.
141.
142.
143.
63
144.
145.
146.
TELEVISION: Oxygen
147.
TELEVISION: NBC
148.
64
149.
65
150.
151.
66
152.
153.
67
154.
Speeds Up Natural
Healing!
Try
Me!
68
155.
156.
157.
69
160.
Note:
Customized Bandages Application: Application on website where users can log in and upload
images to create and purchase a box of customized mediTOUCH bandages.
Click & Fix Interactive Game: Spot the injury on the character that pops up. Then click to place
a bandage on it. The more precise the accuracy, the higher value of points earned.
161.
70
162.
163.
71
164.
165.
The guiding principles of SEO are as follows:
1. Choosing the best Key Words: To do so choose key words that fit your product description,
product category, and areas of common interest. Data on the most popular of those words
can be learned from using WordTracker keyword research.
2. Optimizing Page Text: the search engine web crawlers search only plain text within your
webpage then match the words found on your sight with the relevance to the search
made. The first paragraph of your home page is especially important to load up with
keywords, and the inclusion of keywords frequently throughout all of the text will increase
your websites search engine rankings.
3. Optimizing HTML Code:
a. Title Tag: this is the first sentence an Internet user will see when your Web site
comes up in a search, and it appears in the bar across the top of your browser
window. Be sure your title tag includes both keywords and a solid marketing
message that will encourage users to click to your site. Start with service or
product, rather than company name. For example166.
<title>Berkley Web Strategies - San Diego Web site design and Online
Marketing company</title>
b. Beta Tag: Example:
167.
<meta name="description" content="We specialize in web site
development and online marketing">
<meta name="keywords" content="web site design, online marketing,
San Diego web site designer, San Diego web site development, online
marketing consultant, ">
c. ALT Tags on Images: Make sure to tag each product image with text of what the
image is- this is yet another opportunity to fill your site with more of the keywords
that will direct internet users to your webpage as well as allowing the image to be
included in image based searches.
d. Include a Site Map on your webpage. This done in two fashions, either by creating
a site map tab and thereby having a whole page dedicated to the site map or the
site map can be featured in the footer with links to each of the corresponding
pages that make up the site map.
4. Link Popularity: the links that you have to other websites and articles is another category
that search engines use when ranking your webpage.
a. Take time to build high quality links, rather than high quantity.
b. Check to see how many Web sites are already linking to you (and your
competitors). This data can be found by going to www.linkpopurity.com
c. Become a content provider in your focus area, and get your articles posted across
the Internet in related areas. Content providing would include the articles written
on the proper healing of wounds in general, on the break through technology, the
customization service available that only you provide and articles specifically
talking about you products
d. Submit press releases to major news and pr services such as Google News, and PR
NewsWire to further increase your link popularity. Make sure the press release is
optimized for your product and service keywords
e. Lastly, limit the number of outgoing links of your website.
5. Ad Buys: Buy Text based ads or Links on High Traffic Sites in your industry
6. Blog/ Comment Section: by having a customer comment section on your web page it
keeps the page constantly updating (which is yet another aspect of search engine
5 6 Berkley, Holly. Marketing In the New Media. 2nd ed. Canada: International Self-Council
Press Ltd. Press, 2009. Print.
72
ranking). Comments also help build relevant incoming links & credibility. This is especially
important because of how heavily mothers rely on Word of Mouth (64%) when making
purchase decisions for their children, as noted in the opening statistics of this internet
section.
7. Keyword Buys: These are the Sponsored results that guaranteed to have top location
when appearing on the search results page. Yahoo!, MSN and Google all offer pay-per-click
keyword buys. Be as specific with Keyword buys as possible to be most effective. The
more general the keyword, the more expensive, and the more clicks (money) wasted.
73
168.
169.
170.
74
171.
173.
75