Monday, 1 February 2016

Doritos #CrashTheSuperBowl


A 30-second spot during the Super Bowl can cost upwards of four million dollars, so it better pack a punch. It appears that the Frito-Lay’s marketing team agrees. For the last ten years, Doritos, a Frito-Lay brand, has asked people from around the world to submit a commercial to the “Crash the Super Bowl” contest. The winner attends the game, receives one million dollars, and lands a “dream job” at Universal Pictures.
This year marks the 11th and final competition and there are three finalists in the running. The first commercial, “Ultrasound” isn’t for the faint of heart, but is hilarious. “Swipe for Doritos” is a play on a popular dating app, Tinder, and “Doritos Dogs” is very cute and very clever. Who doesn’t love dogs? The three commercials are quite different, but they all have one thing in common, you will most likely be sporting a six-pack after viewing them from laughing so hard.
Go to https://crashthesuperbowl.doritos.com/finalists/ to vote for this year’s winner.
With the use of the hashtag, Doritos is able to access all platforms of social media for maximum reach, relationship, and reputation. According to Digital Marketing, book two in the SMstudy Guide®, “Social media channels provide a good marketing medium for businesses to run offers and promotions to engage audiences and reach desired objectives. These offers and promotions are typically valid for a fixed time frame, require audiences to participate by discussing their experiences while engaging with the brand and offer attractive rewards to audiences that engage with the brand.”
The three finalists were announced on January 4th and now people will have until February 7th, the day of the Super Bowl, to see if their favorite won.
The Doritos #CrashTheSuperBowl was the first of its kind. It paved the way for companies such as Chevrolet and CareerBuilder, who also pursued online commercial competitions, but Doritos was the only campaign that succeeded. Last year’s fan favorite had more than seven million views!
A study done in 2015 by Medill IMC’s Spiegel Digital and Database Research Center showed that people who participated in the contest were more likely to buy the product and thanks to these participants, sales increased by 42 percent in the first week (post events) and continued to increase by 35 percent by the fourth week.  
With the success that has been generated over the years with this campaign, it will be exciting to see what Frito-Lay comes up with next. 
For more interesting articles about Sales and Marketing, visit - www.SMstudy.com/articles

[Stephanie Vezilj, SMstudy staff writer, contributed to this article]


Original Link: http://www.smstudy.com/Article/Doritos_Crash_The_Super_Bowl

Big Data and Analytics : Fundamentally changing the marketing landscape




Big data and analytics become an integral part of marketing since the inception of internet in the late 1990’s and the introduction of smart phone and other internet enabled smart devices in recent times. Big data usually refers to the data sets with sizes beyond the scope of commonly used software tools to collect, clean, manage and process data within an acceptable time frame. With the rapid advancement in technology and increasing use of smart phones and other internet enabled devices, organizations today face overwhelming volume of data through multiple channels and devices. The main roadblocks while using big data are:
  • Capture high volume of data from multiple sources and consolidate the data
  • Data cleaning (i.e. removing redundant or unnecessary data – internal data, data generated due to testing, deletion/ blocking of cookies)
  • Data storage
  • Data sharing/ transfer
  • Data visualization
  • Data analysis
Now the important question is why should organizations use big data and analytics. The answer lies in decision making. Organizations cannot afford to make any decision just by guess or gut feeling. The use of predictive analytics and certain other advanced statistical methods to extract value from data leads to more confident decision making which in turn results is greater operational efficiency, cost reduction and reduced risk.     
Big data enables marketers to increase the size and range of information sources while speeding up reporting, enabling real-time forecasting and more informed and accurate decision-making.
marketers benefit from a large volume targeting options when it comes to online advertising. The growth of cookies and information-rich social media, means that the data is there to go beyond simple demographic, geographic, psychographic and time-based targeting options. 
Big data analytics helps optimizing campaigns and improve results in a scalable, real-time manner.
Big data transformed the last-click conversion attribution model to the multifaceted attribution model which takes into account all touch points across consumer purchase life-cycle. It was complicated earlier to capture these different, interrelated factors and their relative weights. But big data makes it easy to track, analyze and evaluate activities to see what is actually driving customers to engage.   
Find additional posts on sales and marketing at www.smstudy.com/articles
[Suman Ghosh, VMEdu staff writer, contributed to the article.]
Sources:
https://econsultancy.com/blog/65260-the-top-four-applications-of-big-data-in-marketing/
http://www.forbes.com/sites/mckinsey/2013/07/22/big-data-analytics-and-the-future-of-marketing-sales/#6f0ec1ee344d


Original Link: http://www.smstudy.com/Article/Big-Data-and-Analytics-fundamentally-changing-the-marketing-landscape

Thank you, P&G


One hundred days before the 2012 Summer Olympics in London, Proctor & Gamble (P&G) gathered moms all around the world in a great, big group hug. Best known for products such as Pantene, Tide, Pampers, Bounty, and Oral B.—products that make bath time, laundry, clean-up, and brushing teeth just a little bit easier—the company launched a commercial portraying all the tasks a mother performs on a daily basis to support their child in achieving their dreams. The commercial closes with four children competing successfully in the Olympics and running up to their moms to thank them for getting them there.
The ad—that was spread through social media, TV and print—was a real tearjerker, making everyone grateful for the women who always cheered them on the loudest: their moms. If this commercial didn’t pull at your heart strings and make you tear up, then you were simply unhuman. The company reminded people from all walks of life that their success is, in big part, their mother’s success as well.

In order for P&G to create the ad campaign that was required to relate with their target audience they had to form a content creation and distribution plan. As stated in Digital Marketing, book two of the SMstudy Guide®, “The content creation plan identifies the type of content the business intends to create in order to connect with the target audience. The distribution plan charts how the organization intends to ensure that the created content reaches the intended audience by highlighting the chosen social media channels and detailing how each will be used to ensure maximum response to the content.”
The targeted audience of the commercial is moms. So, to ensure sales P&G appealed to the person responsible for completing the daily household chores. It is easy to forget everything that mothers do for their children, they don’t just raise them, they nurture them with love and with the help of P&G’s products.
P&G continued to clean up with this campaign, launching similar commercials prior to the 2014 Winter Olympics in Sochi and the 2013 Special Olympics, as well as several other commercials titled “Raising an Olympian.” Providing audiences with a behind-the-scenes look at the amount of support moms really give their athletes, the brand used these commercials as a chance to sell their products. They showed moms cleaning their child’s uniforms with Tide laundry detergent and cleaning up after early morning breakfasts before practice using Bounty paper towels.
The initial commercial has six million views on YouTube and has been like 700,000 times on Facebook. I think we can officially say that P&G perfected the content creation and distribution plans making it the winner of the campaign Olympics.
[Stephanie Vezilj, SMstudy staff writer, contributed to this article]


Acknowledgement: This article is borrowed from http://www.smstudy.com/Article/Thank-you-P%26G