Fiber One IMC Pesentation

Page 1


Current Campaign  Cardboard No. Delicious Yes.  Ads focused primarily on older women  “Doesn’t taste like fiber”


SWOT Analysis Strengths Weaknesses

Opportunities Threats Trends

• Multiple product branches • Website

• Cardboard theme • Narrow target market • Increasing awareness of dietary needs • More people trying to live healthy lifestyles • Other popular high fiber products • Social stigma around high fiber products •Increased health awareness •Interactivity in marketing


Objectives  Expand target market to Fit Consumers  Engage consumer through interactive components  Rebrand Fiber One image to emphasize health  Increase brand awareness


Target Market Fit Consumer

Fiber One • Mostly Women • 40-50

• More Affluent •College Educated • Interested in Health

• Even Gender Split • Under 50: 23 % aged 18-29 41% aged 30-49


Co-Brand with Smartwater  Coupon Promotion- $1.00 0ff any Fiber One product  Placed on Smartwater bottles  Improve awareness of Fiber One brand within the fit consumer market


Co-Brand with Smartwater Placement • Bottles of Smartwater Budget • $120,000 Metrics • Scanner Data


Print Ad


Print Ad Placement • Women’s Health • Fitness • Parent Magazine Budget • Primary: $2,949,870 (18 placements per year) • Plus Secondary: $6,169,560 (36 placements per year)

Metrics • Website Analytics • Unaided and Aided Recall Tests • Magazine Coverage


Website Splash Page  6 Question Quiz  Demographics  Fitness Level  Most Stressful Meal

 Outcomes  Fiber Facts  Recipes  Recommended Products


Website Splash Page Placement • Fiberone.com/ fitfiber Budget • $10,000 Metrics • Website Hits


Event Sponsorship: Start! Heart Walk It's more than a program. It's a movement.  American Heart Association’s premiere event for raising funds to save lives from heart disease and stroke  Promote physical activity and heart-healthy living

 “Walk more. Eat better. Live a longer, healthier life.”


Event Sponsorship: Start! Heart Walk  Nearly 350 Events, Nationwide  Over 1 million walkers participate  Major Cities


Event Sponsorship: Start! Heart Walk Location • 350 walks across the nation Budget • ~ $1 million

Metrics • Registration


Fiber One Girl Scout Cookie  Special Edition CookieCobranded with Fiber One  Nearly 70% Proceeds retained by Girl Scouts USA  200 Million Boxes sold annually


Fiber One Girl Scout Cookie Placement • Nationwide Budget • R&D-$220,000 • Production-$290,000

Metrics • Order Information


Timeline


Appendix Target Market Demographics Psychographics Consumption Constellation

Component Objectives Smartwater Co-brand Coupon Budget

Print Ad Placements Recent Magazine Schedule

Event Sponsorship Girl Scout Cookie

Budget Distribution

Splash Page Quiz Budget

Current Advertising Spending Total Budget


Target Market Demographics Fiber One  90% Women  85% Married  Within 40s or 50s  61% Attended/Graduated College  65.4% Employed  Income over $65,000

 Have children under 18

Fit Consumer  52% Women

 72% Married  64% under 50  37.4% Graduated College  Income over $75,000  Have children under 18


Target Market Psychographics Fiber One  Body conscious but aspiring to make a change  Busy lifestyles: Balancing work and family  Primary grocery shoppers

Fit Consumer  Health conscious- high priority and spend time managing it  Busy lifestyles: less time with family and more time individually

 Light excersize incorporated into daily routine

 Rarely get sick

 Conservative values

 Liberal values

 Looking good is key value


Target Market Consumption Constellation Fiber One  Weight Watchers approved items  Jell-O

 Stevia  Smart Ones frozen meals

 Athletic attire

Fit Consumer  Organic food

 Health products  Kashi  Smart Balance  Lean Cuisine

 Home-exercise equipment

 Gym memberships or equipment

 Pain relievers

 Athletic attire


Component Objectives Co-Brand: Smartwater

• Expand market • Brand awareness • Rebrand image

Print Ad

• Brand awareness • Rebrand image

Girl Scouts: Fiber One Cookie

• Brand awareness

Event Sponsorship: American Heart Association

• Expand target market • Brand awareness • Engage consumer

Website: How does fiber fit in your life?

• Engaging consumer


Smartwater Co-Brand Detail  Effectiveness measured by:  Coupon Efficiency Ratio  Incremental Purchases / Total Purchases

 Aided and Unaided Recall in Coupon Areas

 Other Co-Brand Options  Joint Ad Campaign  Use of Smartwater’s Celebrity Endorsers

 Event Co-Sponsorships  Breast Cancer Walk (Expand Smartwater to Fiber One Market)

 Large Marathons (Expand Fiber One to Smartwater Market)


Co-Brand Coupon Budget Face Value of Coupon: $1 Number of Coupons: 8,000,000 % of coupons to be redeemed: 5% % of coupons used that would be incremental: 50% Printing and distribution costs: $.01 per coupon Processing costs: $.10 per redeemed coupon 

$8,000,000 WORTH OF COUPONS    

8,000,000 x 5% = 400,000 COUPON REDEEMED 400,000 x 50% = 200,000 COUPON INCREMENTAL 8,000,000 COUPONS/ 1000 COUPONS = 8000 x $10 = $80,000 COST FOR COUPONS 400,000 REDEEMED COUPONS x $0.10 = $40,000

GENERAL COSTS

$80,000

REDEEMED

$40,000

TOTAL COSTS

$120,000


Event Sponsorship Detail  Targets adults (both male and female) 35-54, workers  Promotes Physical Activity  Target market is busy, therefore less active, don’t have time to “exercise”

 Start! Promotes 30 minutes a day of walking to extend life and become healthier


Girl Scout Cookie Detail  Plausible due to question on Girl Scouts Website:  Q: Who Selects the Cookie Varieties?  A: Licensed bakers can offer up to 8 varieties of Girl Scout Cookes; only 3 types are mandatory: Thin Mints, Do-si-dos, and Trefoils. The National Girl Scout Organization reviews and approves all varieties proposed by the bakers. Any of the five optional cookies can be changed every year. Each bakery names its own cookies, so Girl Scout Cookies that are quite similar may have different names. Suggestions for new cookies are welcome, but the national Girl Scout organization can make no promise to use them.


Girl Scout Cookie Distribution 

200 million boxes of Girl Scout Cookies are sold in the U.S. every year.

Girl Scout Cookies represent five of the top fifteen varieties of cookies sold in the U.S. annually,

Several goals of the Girl Scouts are:  Encouraging girls' healthy living and promoting girl-positive media images; skills in sports, natural recreation

Cohesive with our target market, specifically moms & dads who may have daughters in Girl Scouts or may have friends, gym buddies, or coworkers with daughters in girl scouts. (parents bring those order forms everywhere!) Girl scouts promote healthy living, outdoor activities, and skills in sports for girls, which is why we believe our Fit Consumer will be associated with or be willing to support girl scouts through cookie purchases. 70% proceeds retained by Girl Scouts USA after the producers and bakers are paid.

Gives our fit consumers a more healthy indulgence, guilt free, can still enjoy girl scout cookies (taste, nostalgia, etc.) without drastically sabotaging their diets. Also can support their kids or their friends’ kids and enjoy a comparatively beneficial cookie to the usual Thin Mints or Samoas. Plus limited availability may incite purchases and help our consumers justify their purchase.

By associating Fiber One with the tradition and reputation of Girl Scout cookies, we will be able to generate brand awareness and get Fiber One products into the consideration set of more consumers.

Nearly 2.4 million girl scouts means nearly 2.4 million little marketers and 2.4 individual distributors…even if only 10% (1 out of 10)of Girl Scouts sell a box of Fiber One Girl Scout Cookies, that’s still 240,000 boxes sold!

Fit consumers generally resist trying new things but Girl Scout cookies are nostalgic, charitable, and historic, and being associated with GSC may help Fiber One get a figurative foot in the door.


Girl Scout Cookie Budget 

Contact and commission ABC bakers or Little Brownie Bakers to develop a recipe in cooperation with Fiber One, that can deliver 35% of the DV of fiber in a twocookie serving size.

R&D costs: http://annualreport2009.kelloggcompany.com/fh-10K.html Kellogg’s spent 179 mil on new product R&D in 2007 and launched over 40 new products globally, meaning if distributed evenly is nearly $4.5 million invested in the development of each product.

Estimate that a product developed for 3 months with exhaustive distribution and only available through direct order or purchase (no online sales, etc.) will cost no more than a few hundred thousand dollars. If the ordinary Kellogg’s products are expected to have an estimated five-year life span, only $895,000 are spent per year of expected product lifespan. Girl Scout cookies are only available 3 months out of the year (girlscoutshcc.org), so we can estimate 25% of this cost, or about $220,000.

According to girlscouts.org, 30% of cookie proceeds are returned to the baker to cover their costs. This is about $1.20/box. If we can project sales of 240,000 boxes (because we are hoping 10% of scouts sell a box), production costs will be around $288,000 total


Splash Page Quiz Detail  Questions    

1: Gender 2: Age 3: Weight 4: How many children  Age of youngest  5: Fitness level  6: Most stressful meal

 Rec’d Products  Smartwater  More Children/Younger  Bars  Toaster pastries

 Muffins

 Fitness Level  Low

 Medium  High


Splash Page Budget


Primary Print Ad Placements  Women’s Health Magazine  Fitness Magazine    

11 Million Audience 92% Female 65% Aged 18-49 $169, 145 for full-page

 Parent Magazine    

15.3 Million Audience 82.3% Female 88.5% Aged 18-49 $174,500 for full-page

   

7 Million Audience 74% Female 66% Aged 18-44 $148,000 for full-page


Secondary Print Ad Placements  O, The Oprah Magazine    

15.6 Million Audience 88% Female 60.7% Aged 18-49 $153,745 for full-page

 Cosmopolitan Magazine    

18.3 Million Audience 86.2 % Female 86.2% Aged 18-49 $222,400 for full-page

 Entertainment Weekly  10.8 Million Audience  59% Female

 76% Aged 18-49  $160,470 for full-page


Current Magazine Schedule Product

Magazine

Date

Page #

Fiber One Yogurt

Weight Watchers

Jan 01, 2010

39

Fiber One Yogurt

Weight Watchers

Mar 01, 2010

49

Fiber One Yogurt

Weight Watchers

Jul 01, 2010

29

Fiber One Yogurt

Weight Watchers

Sept 01, 2010

55


Current Advertising Spending Network TV Cable TV

• $3,995,300 • $14,258,900

Spanish Language TV • $10,996,800

Syndication

• $807,800

Magazines

• $439,000

Internet

• $306,500

Total

• $33,504,300


Total Campaign Budget Smartwater Co-Brand Print Ad

Splash Page Event Sponsorship

Girl Scout Cookie Total

• $120,00 • $2,949,870

• $10,000 • $1,000,000

• $510,000 • $4,589,870


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