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Final Media Planning & Buying Presentation
Citation preview
Maytag Corporation Media Plan
AIMED MediaGina Citarella ~ Joelle Harari
Erin Penha~ Bradley Weiss
Agenda1. History
2. Problem
3. Objectives
4. Current Situation
5. SWOT Analysis
6. Competition
7. Target Audience
8. Business/Media Goals
9. Media Choices
10. Timing and Placement
11. Budget Breakdown
12. Flowchart
13. Thinking Ahead
History
• First established washer brand in 1907
• Company mission founded in effort “to build quality appliances from durable and long-lasting materials”
• Developed into brand that carries a variety of home appliances
Source: JD Power Associates
History• Maytag laundry appliances last
longer than any other brand on the market
• In the 60’s, creative producers generated the bored “Maytag Repairman” in TV spots
• Maytag was acquired by Whirlpool in 2006
Source: JD Power Associates, Mergent Online
Problem
• Maytag seen as an “old” brand
• Strong competition from brands with innovative designs
Objectives
• Reinforce brand image
• Increase brand loyalty
• Explore new market
Business Goals
• Change preference from the top three consumer-rated brands of washers to Maytag brand washers
• Challenge the competitors on points of durability and innovation
• Reach out to building operators and owners of rental units
Media Goals
• High frequency • Innovative media space• Change preferences of consumers and
businesses
Current Situation- Industry• Increase in laundry equipment units in
households
• Steady competition
• Saving energy
Source: SIC 3633 Household Laundry Equipment, US Census
Current Situation- Industry
Current Situation- US Housing Trends
• Growing housing markets• Need for new appliances with new homes
being built• Seasonality of moves
Source: SIC 3633 Household Laundry Equipment, US Census
US Move-ins
Source: U.S. Census – Seasonality of Moves and Duration of Residence
City Growth
Map of Sunbelt
Source: Map from Answers.com
Maytag’s Strengths
• Sole focus on laundry equipment
• Strong brand image
• Research and development
• Well-known, positive company icon
• First established washer brand
Source: Datamonitor
Maytag’s Weaknesses
• Product recall
• Synonymous with “old brand”
• Poor feedback from television advertisements
Source: Consumer Surveys
Maytag’s Opportunities
• Increase sales with B2B
• Increase in housing markets
• Use of new repair man
• Baby boomers who are familiar with brand
Maytag’s Threats
• Competing brands emphasizing unique and innovative design
CompetitionLG
• Large-scale electronics manufacturer
• Laundry appliances make up 16% of sales
• High-energy star rating
• Aesthetic appeal
Kenmore• Part of Whirlpool
Corporation • Aligned with K-Mart
and Sears as part of advertising campaign
• Targets affluent audience through “innovation” theme
GE
•Distributes washers for the mass business
•Priorities focused on emerging markets, consumer spending and products, and energy efficiency
Source: Mintel, JD Power Associates, Hoovers.com, LGE.com, Ge.com
Competitive SpendingBrand 2005 Ad spend 2006 Ad spend Change 2005-06
$million $million %
All appliances:
Kenmore 52.7 51.1 -3
GE Consumer Products 24.7 32.1 30
Whirlpool 42.8 31.8 -25.7
Electrolux 17 7.4 -56.5
Maytag 71.8 1.2 -98.3
Washer/dryer specific:
Kenmore 21 21.1 0.4
Whirlpool 14.2 17.9 25.7
LG 0 13.9 -
Source: Mintel
Target UniverseTotal US Women=
113,113,000
Source: MRI+: Automatic washing machine bought in last 12 months
Target Audience• Women 35 – 54 (43,558,000)• B and C Counties• At current home < 1 year= 20,186 (Index 157)• Live in southern US (Index 114)• Now married/ engaged (Index 113/ 117)• Have children between 12-17 years old (Index
136)
Source: MRI+
Target Audience
• Building Development Managers
• Offices in southern United States
• People who will use Maytag as a selling point in multifamily housing purchase
Locations
Table 6: Housing Unit Estimates for the 100 Fastest Growing Counties With 5,000 or More Housing Units in 2006: July 1, 2005 to July 1, 2006
Rank Geographic AreaHousing Unit Estimates Change, 2005 to 2006
July 1, 2006 July 1, 2005 Number Percent
1 Pinal County, AZ 126,854 108,771 18,083 16.6
2 Sumter County, FL 40,667 35,786 4,881 13.6
3 Kendall County, IL 30,879 28,145 2,734 9.7
4 Lee County, FL 341,150 312,720 28,430 9.1
5 Flagler County, FL 46,652 42,787 3,865 9.0
8 Rockwall County, TX 23,997 22,102 1,895 8.6
14 Osceola County, FL 109,892 102,186 7,706 7.5
15 St. Johns County, FL 80,369 74,850 5,519 7.4
16 St. Lucie County, FL 125,530 117,019 8,511 7.3
19 Walton County, FL 40,042 37,422 2,620 7.0
22 Brunswick County, NC 68,996 64,642 4,354 6.7
25 Yuba County, CA 27,072 25,437 1,635 6.4
26 Union County, NC 63,677 59,908 3,769 6.3
Source: US Census
Locations1 Los Angeles,
California• #2 for fastest growing cities in California • 2 suburbs in range of the City are among the top housing gainers since 2000
2 Chicago, Illinois •3rd fastest growing county in the US, Kendall county close by•Much of target audience is located in the North Central
3 Dallas, Texas •Rockwall county is in the top 10 fastest growing US counties•Dallas is at crossroads of Oklahoma, Arkansas, and Louisiana
Source: US Census, Forbes, MRI+
Locations4 Tampa, Florida •Sumter, Lee, and Flagler Counties are
ranked in the top 5 fastest growing counties in the U.S.•Sunbelt
5 Phoenix, Arizona •Pinal County - #1 fastest growing county is within 2 hour radius•Sunbelt
6 Charlotte, North Carolina
•Raleigh and Charlotte ranked in Forbes Top 10 Best Housing Markets in the U.S.•Sunbelt
Source: US Census, Forbes, MRI+
Character Profiles
Putting a face on the target audience
Claire
• Age: 51 (Baby Boomer)• Hometown: Charlotte, NC• Job: Real Estate agent/
Homemaker• Salary: $55,000• Family: 3 kids, college and
beyond
Source: Consumer Surveys
Claire
• Daily Routine: commute to work, daily errands
• Hobbies: gardening, home improvements, family visits and travel
• Media Use: Magazines, Internet, Newspaper, Outdoor
Source: Consumer Surveys
Jack and Leah• Age: 35 and 33
(Generation X)• Hometown: Boston,
MA Tampa, FL• Job: Financial Advisor,
Account Manager• Salary: $150,000• Family: Married with 1
child, planning more
Source: Consumer Surveys
Jack and Leah• Daily Routine: Drives son
to school and sports practice, goes to gym, grocery store
• Hobbies: Shopping, exercising, online browsing
• Media Use: Magazines, Newspapers, Internet, Outdoor
Source: Consumer Surveys
Keith
• Age: 38
• Hometown: Tempe, AZ
• Job: Building Development Manager
• Salary: $90,000
• Family: Wife and one kid, planning more kids
Source: Consumer Surveys
Keith• Daily Routine: Hour drive
to Phoenix office. Sees billboards, uses cell phone, so radio ineffective.
• Hobbies: Watches TV, goes out to dinner, sports (scores in newspaper), family time
• Media Use: Newspaper, Internet, Magazines, Outdoor
Source: Consumer Surveys
Media Choices
MagazinesPros
• Specialized readers • High pass-along
factor• Longer shelf life• Quality of creative
execution• Detailed product
information
Cons• High Cost• Low priority medium
Newspaper
Pros• High Index• Localized• Reach both targets• Portable• Detailed product
information
Cons• Short shelf life
Outdoor
Pros• Visual reinforcement• Morning and after
work drive• Daily repetition
Cons• Limited product
information
Internet
Pros• High index• Research tool• Increase in online
traffic and purchasing
Cons• Clutter• Washer/Dryer
purchasing is not impulse purchase
Media Indices- FemaleMedia Index
Newspapers (Q2) 133
Magazines (Q2) 118
Internet 116
Outdoor 114
Television 96
Radio 93
Source: MRI+: Automatic washing machine bought in last 12 months
Media Vehicles
Media vehicles chosen to reach target audiences based on MRI+ indices, Mintel
reports and consumer surveys
Magazines
Newspapers
Outdoor
Internet
• Google.com searches• health.msn.com• lifestyle.msn.com• CNN.com
Character Media Profiles
Magazine- Better Homes & Garden, USA Weekend, Woman’s Day
Newspaper- The Charlotte Observer
Outdoor- Highway billboards
Internet- health.msn.com, Google.com
Magazine- Woman’s Day, USA Weekend, Architectural Digest
Newspaper- The Tampa Tribune
Outdoor- Highway billboards
Internet- iVillage,com, CNN.com
Magazine- Building Design + Construction, Architectural Digest, USA Weekend
Newspaper- The Arizona Republic
Outdoor- Highway and construction billboards
Internet- CNN.com
Google.com,
Timing Strategy• Pulsing strategy• Pre-Summer – Summer months• May: the “move-in-month”
Budget BreakdownMedia Dollars Spent Percent of Total
Magazines $ 2,546,161 30%
Newspaper $ 3,416,966 40.2%
Internet $1,316,995 15.5%
Outdoor $ 1,219,878 14.3%
Total ~$8,500,000 %100
Flowchart
Please see hard copy
Future Work
• May “Tag”: May promotional event/ tag coupons on laundry related products
• Construction tarp advertisements
• More interactive media
• NBC.com during Summer Olympics
Measuring Results
• Amount of units sold in target city DMAs
• Mailed registration forms to profile purchaser
• Amount of units sold through B2B for housing developments
Conclusion
• By using the four types of media, we can accurately select our target audience and frequent our messages
• The vehicles we have selected will reach businessmen associated with growing housing sector and women consumers
Thank You for considering AIMED Media’s Media Plan!!!