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JILL DENNIS VICTORIA DUSSAUT CARLY GOLDBERG NICOLE HANLEY REILLY KOSTYK ZACH ZOBARY

Comm335 final best buy

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  • 1. JILL VICTORIA CARLY NICOLE

2. Presentation Overview Company Overview Main Issues Campaign Execution Media Plan 3. Company Overview 1966 Best Buy founded 1983 Opening of the first Best Buy superstore 1989 Stores made brighter and more fashionable 2001 Best Buy acquires Canadas Future Shop 2003 Best Buy acquires Geek Squad Currently 2900 retail locations worldwide 4. Geek Squad Overview They can set up, install, and repair your: Computer Network Car audio, video and navigation systems Home theatre 5. Competitors Worlds largest online retailer Worlds second largest technology company Largest retailer in the world 6. Company Issues Poor Perceptions of Customer Service Inconsistent and Unappealing Website Showrooming Annual Sales Dropped by $5 Billion Between 2012-2013! 7. Decline In Customer Service Removed knowledgeable and professional employees Replaced them with amateurs Resulted in 5 Billion loss of sales Negative customers opinions online 8. Whats The Big Idea? Focus on communicating at Best Buy should be executed as separate campaigns 9. SOLUTION 10. Goals change the consumers negative perceptions about the brand's customer service pocket effects by increasing sales by 10% within the next fiscal year. 11. Value Proposition Unique customer service experience Elicits positive emotions Professional customer service Utilizing Best Buy employees expertise and Geek Squad repairs and services 12. Target Market- Seniors 60+ Not Tech Savvy Rely on professional advice Disposable Income 13. Target Market- Youth 18-30 Resourceful Busy Life Price aware 14. Customer Service Professional Product Advice Seniors Families Geek Squad Installation, Repairs and Services Seniors Families Youth 15. Customer Service Advertising is a promise! Best Buy needs to walk the talk Rigorous training process must be implemented Discontinue employee cut backs 16. Campaign Slogan Best Buy, Trust The Experts #RedefineHero 17. Video Advertisement #1: Blue Shirt Game Show Seniors Professional product advice Rational + Experiential Television Biggest Loser, Dancing With The Stars, Local News, etc. 18. 1 2 3 4 19. Video Advertisement #2: Geeky Knight Seniors + Youth Segment Geek Squad Repair Service Rational + Experiential Television Prime Time Shows such as How I Met Your Mother *YouTube Commercial 20. 1 2 3 4 21. Redefining the Hero #RedefineHero 22. Print & Radio Seniors Adapting Geeky Knight Adapting Blue Shirt Game Show 1. Feasible 2. Effective 3. Focus on target audience (seniors) 23. Social Media Campaign Take advantage of triple-screening tendencies of our target audience Meet the Geek posts #TrusttheExperts #RedefineHero 24. Social Media Campaign Take advantage of triple-screening Encourage transparency and interaction and with consumers Advertise benefits of Geek Squad and customer service Reinforce campaign synergy 25. Facebook Posts help customers connect to Geek Squad members Emphasizes the benefits of Best Buy customer service 26. Facebook Allow tracking and monitoring of consumer responses Reinforces efforts in maintaining position of the best customer service in the tech world 27. Twitter Same hashtag as Facebook will encourage campaign synergy Value Incentives will be offered to customers 28. Twitter Use when Tweeting about a tech emergency Value Incentives will be offered Customers 29. Media Plan Bottom Up Approach 3% Net Sales as Benchmark Total Budget $33 Million Maximum Safety of $11 Million 30. Locations Canada Ontario Qubec British Columbia Alberta 31. Scheduling 32. TV Budget 33. Social Media 34. Print & Radio 35. Total Budget 36. Effectiveness two months in 37. Pre-Test Results believe the ad effectively targets the 18-24 demographic claimed the ad to be persuasive and would motivate them to use the in-store service responded that they are already knowledgeable and would not need any help with finding the products the desire claim that the advertisement does not make them feel more knowledgeable about the service offered, and believe the ad, although humorous, not very effective 38. QUESTIONS?