Search This Blog

Thursday, November 16, 2017

The Big Picture

            In today’s world, we don’t have to look very hard to see marketing at work. Whether it be on the TV when we wake up in the morning or word of mouth when we get into work or school. In that one little add or that one 200-character tweet that your friend showed you had countless hours of thinking by people just like us. That’s the beauty in Marketing, Marketers try to appeal to us and it works because they are us. They focus on the marketing mix which is the four Ps of marketing; product, promotion, price, place. These are the controllable factors that the Marketers start off with then they branch out to the consumers to analyze their reactions and behaviors and act on them by selling their product a certain way, at a certain price, at a certain location.

Marketers are extraordinary at understanding the consumer behavior which is the actions a person takes in purchasing and using products and services, including the mental and social process that comes before and after these actions. Consumer behavior is like the big umbrella that marketers try to figure out. Then they start to target certain kinds of behavior which in marketing terms is called target marketing. Marketers don’t just wing it and hope that people think like they do but they strategically try to find out what consumers want. A tool such as social media is a huge benefit to marketing because we can post surveys for different existing products or ideas to help build a new product. Social media allows marketers to detect trends and be able to analyze them in order to help them understand what we as consumers are thinking.

 I have learned that marketing research, collecting primary and secondary data is one of the most important things in marketing. Knowing who you are selling to and how they will react to what you are selling is the biggest thing if you are trying to promote a product or service. How much money should Coke use to put in an advertisement during the super bowl? Marketers will try to find out using financial and strategic analysis to determine if it’s really worth it spending the money to put in an add to show the consumers.

Marketers every day are brainstorming every day to try and catch your eye in the newspaper or grab your attention during a commercial. They are trying to persuade you as the consumer to buy into this service or buy this product. The biggest thing that has come up again and again in my research and learning on marketing is that using opinion leaders for promotion is one of the most influential acts in marketing. You get Tom Brady to be the star in your mattress commercial, chances are your sales in New England for mattresses will skyrocket. It isn’t a guarantee by any means but opinion leaders always tend to at least grab the attention of the consumer more than a normal person. Marketers don’t just try to advertise on TV, they also advertise on posters and flyers. At Saint Michaels College one of the most genius ideas the school has had was to put the stall street journal in every stall in every bathroom on campus. This is a great way for people to get their messages out about anything from student activities to donations to a charity.

This semester We were tasked in hosting an event in order to raise money for a nonprofit organization. My group did a spooky 5k to benefit the Red Cross relief fund to help Hurricane victims. It was honestly a lot of fun but it was also a lot of work. From organizing who is tabling at the CafĂ© and where are we going to get some donations from was a lot of leg work. One interesting thing I gained form this experience was how powerful the word of mouth is in marketing, especially on a college campus. The flyers were a nice touch and the twitter and Instagram got us a few followers but what really worked for us was telling our friends to spread the word. I told a few kids on my lacrosse team about the event and next day I realize that they are all participating in the run. Word of mouth spreads like wildfire and it was great to see all the people who came out for the run. I couldn’t have done it without the people in my group. We worked really well together because we were able to take different task and work as a team to accomplish them. We were able to get so much stuff donated and all set up because of the effort we put into working as a team and I thought the event went super well.  Our spooky 5 K team worked really well together and we are so proud of our project, we raised over $200 that will go to Red Cross.

The Big picture is very simple, marketing has become such an important piece in society. It’s a way for people to connect with one another. People are able to see what kind of people buy this product and what type of people provide this service. We live in an age where marketing is all around us and I think we should embrace it as the BIG PICTURE.


Worked Cited


 https://pbs.twimg.com/profile_images/875087697177567232/Qfy0kRIP_400x400.jpg  

Thursday, October 26, 2017

WHAT ARE YOU WEARING?


Like any sort of sporting competition, you want to be better than the rest. I know personally that I strive to be the best athlete I can and be better than the competition. Hall of Fame athletes such as Ted Williams, Wayne Gretzky, Serena Williams, or Dan Marino were able to separate themselves from the competition, by being a true standout athlete. If you hear any of those names the first thing that pops into your head is probably describing who amazing they are and really how they were different than all the rest. Like every Hall of Fame Athletes, Nike has also been able to go above and beyond the competition and be the true standout company. When you hear the word Nike you usually don’t think about the Greek god but you think about the brand Nike. You see the check symbol anywhere your brain as a consumer is now hardwired to think about Nike apparel. Nike has successfully implemented their branding all over the world. The company’s use of the check symbol and the brand name itself “Nike” is the forefront in sports apparel and equipment.

Nike is famous for its slogan “JUST DO IT” a short yet powerful statement that Nike promotes all over their products, websites, social media, and commercials. The slogan provides an insight into Nike’s brand personality of hard work and determination. In marketing; a Brand personality is a set of human characteristics associated with a brand name. Obviously your Nike socks don’t give you determination or demand hard work but Nike is setting a link between the two with technology such as storm-fit or thermal-fit. It’s trying to show athletes that if you want to perform at the highest level, and separate yourself from the competition, you need to be determined and hardworking WHILE WEARING NIKE. This is a genius marketing tactic because it puts the personality of the brand into the mind of the consumers’ and if the consumers like the personality then they will buy the brand.   

In the add shown below you see professional athletes, such as Rob Gronkowski or Paul George, from all different sports wearing Nike apparel. All sorts of different features and clothing such as the Nike thermal fit leggings or the Nike “Therma-Sphere” jacket and of course the Nike socks and shoes. Nike has taken the strategy of Multiproduct Branding. This is when a company uses one name for all its products in a product class. 

If you were to walk down a street and see a person wearing a Nike shirt and say “oh that’s a really nice shirt” and the person would hopefully respond and then say “thanks, its Nike.” The person didn’t say oh its dry-fit or oh its some strange name. Nike uses the brand name with all their products because Nike is so well known. Having and wearing Nike in the sports world represents that you have the best money can buy. Now whether that may be true or not is irrelevant because Nike has put into our minds that Nike is the best and all the rest are just not as good.
Nike has created a brand empire with one name, one slogan, and one symbol that has revolutionized the sports apparel and equipment industry. This is the Big Picture!!



Friday, October 20, 2017

Hey Rogers, DISCOUNT DOUBLE CHECK!!

Ever since last year’s Super Bowl I think we have come to the conclusion that Tom Brady is the Greatest of All Time (GOAT). If you aren’t a Patriots fan you probably hate his guts but I guarantee you respect him and acknowledge the fact that he is one of the greats. Another Quarterback that is hated by most but respected by all football fans is Green Bay Packers Quarterback Aaron Rogers. The California Native has made a name for himself averaging 258 yards per game and has a quarterback rate of over 100. Playing His entire career for one team, like Tom Brady, shows his loyalty to the Packer nation and it doesn’t look like he is retiring anytime soon.

So why am I talking about Aaron Rogers and what does it have to do with marketing in the sports world. Well, Aaron Rogers is a pillar and a basic celebrity in the US and this makes him very valuable to companies to have Rogers give them popularity boost if he for example wears a certain company’s apparel or stars in a company’s commercials. Rogers is characterized as an opinion leader in Marketing terms which is an Individual who exerts direct or indirect social influence over others. I would say if Aaron Rogers popped up on the TV and recommended something I would definitely be intrigued just by the mere fact that he is talking. I great example of this use of Rogers as an opinion leader is the State Farm commercials starring Rogers.

In this commercial State Farms plays with humor by taking Roger’s touchdown dance and making it into a brand name. A brand name is any word or device (sound, design, shape, and color) or combination of these to distinguish a seller’s product or service. In this case State Farm has come up with the “Discount Double Check” which mimics Rogers’ touchdown dance of showing off the belt. State Farm is an Insurance company that can also help you with your financial and banking needs.

In these string of commercials, staring Rogers, it talks about how State Farm wants to save you money and save up to 40%!! Things like good driver discount or multi car discount or even good student discount are some of the discounts you can receive from Sate Farm. You can work through a State Farm agent and they will “double check” to see if you can get discounts on your insurance or if you already have already qualified for a discount then you can see the benefits on paper and in your bank account.

State Farm is really trying to separate themselves from the rest of the companies in the insurance/ service business. In these commercials advertising the “double check” feature of State Farm, it has followed the Consumer Based Brand Equity Pyramid. This pyramid isn’t an actual physical pyramid but it’s a marketing diagram that shows how companies create brand equity. First state Farm started off by creating brand awareness by putting an opinion leader such as Aaron Rogers and some of his teammates in their commercials. Next they established a meaning in the minds of the consumers and this is where the idea of the discount double check comes in. Where agents at State farm want you to save money and will “double check” to make sure you are. This leads to the third step where consumers feel safe and have a sense that they aren’t getting ripped off at State Farm. This is very important and can also tie in with the brand personality that Rogers has helped build. Finally, the last step is to connect to the consumers and give them these discounts such as good driver discounts to show that State Farm is Loyal to the consumer as much as the consumer is loyal to State Farm.

State Farm has created a whole slogan and brand around a very influential opinion leader. Rogers is a hall of Fame quarterback and that brings in a lot of people to State Farm. A lot of consumers would even trust State Farm more because Rogers in their face of the company. It pays to DOUBLE CHECK and that is the Big Picture.



“Marketing The Core”, Kerin and Hartley
http://www.on-impact.com/wp-content/uploads/2015/11/SF_AR_AM.png