academbot marketing plan_final

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Academbot Integrated Marketing Plan

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Page 1: Academbot marketing plan_final

Academbot Integrated Marketing Plan

Page 2: Academbot marketing plan_final

Budget = $200k Timeline = 6 months

↑ Visits to

10k

per day

Click through

≥ 3 pages per visit

Duration of

≥ 2 min per visit

Goals

Page 3: Academbot marketing plan_final

“Academbot easily and intuitively gives students the power to prioritize what’s important to them and create their own custom college and university rank.”

Value Proposition

Page 4: Academbot marketing plan_final

IS: Content-based website

SHOULD BE: Product-based website

http://en.wikipedia.org/wiki/Website

What Academbot…

Page 5: Academbot marketing plan_final

STRENGTHS

WEAKNESSES

THREATS

• Personalized school ranking tool • Proprietary content • Mobile optimized website

• Website CATTCH • Poor customer retention • Limited social media presence

OPPORTUNITIES

• Promote school ranking tool • Initiate ad program • Initiate partnership program • Build In-kind promotion

• Market saturation • Established brands → Loyalty • Diverse revenue stream channels

Page 6: Academbot marketing plan_final

Marketing Overview

Initiate Ad program

Initiate partnership program

Build In-kind promotion

Limited social media presence

Website CATTCH

Poor customer retention

Page 7: Academbot marketing plan_final

Target Market

• High school Juniors and Seniors

• Eligible for financial aid

• Class rank between 40th - 70th percentile

• Mid-Atlantic

• College transfers

OPPORTUNITIES

• Initiate ad program

Page 8: Academbot marketing plan_final

Target Channels OPPORTUNITIES

• Initiate ad program

Page 9: Academbot marketing plan_final

Ad Budget

Social Media Spend Click per day

Facebook $52,500 334

Youtube $11,250 134

Google + $5,000 65

Twitter $6,250 134

TOTAL $75,000 667

Search Spend Click per day

Google $52,500 386

Yahoo $11,250 81

Bing $11,250 84

TOTAL $75,000 551 $150k

3 mos

1,218 Clicks per

day

=

OPPORTUNITIES

• Initiate ad program

Page 10: Academbot marketing plan_final

Industry Partners

z

Recognizable Partners

OPPORTUNITIES

• Initiate partnership program

Page 11: Academbot marketing plan_final

• Present at conferences

• Exhibit at conventions

• Promotional emails

• Logo on partner website

• Ads in partner publications

OPPORTUNITIES

• Build In-kind promotion

In-kind Trading

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• Facebook: Post often, interact with “Friends”, and endorse strategically with

Likes

• YouTube: Develop relevant videos such as new features, latest trends,

instructional demos

• Twitter: Tweet to engage audience and stay consistent with hashtags

• Blogs: Comment on pertinent articles written by others

• Google+: Create an account!

WEAKNESSES

• Limited social media presence

Page 13: Academbot marketing plan_final

WEAKNESSES

• Limited social media presence

Current Google search

Page 14: Academbot marketing plan_final

Academbot

Academbot easily and intuitively gives students the

power to prioritize what’s important to them and

create their own custom college and university rank

Headquarters: Baltimore, MD

Founder: The Five Group

Founded: 2013

WEAKNESSES

• Limited social media presence

Google search with Google + account

Page 15: Academbot marketing plan_final

WEAKNESSES

• Website CATTCH

CATTCH

• Credibility

• Aesthetic Usability Effect

• Trust

• Typography

• Chunking

• Hierarchy

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Improvements to... CREDIBILITY

• Media Placement/PR

• Partnerships

WEAKNESSES

• Website CATTCH

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Improvements to... AESTHETIC USABILITY

EFFECT

• Placement of School Ranking Tool

• Color Scheme

• Content & Teasers

WEAKNESSES

• Website CATTCH

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Improvements to... TRUST

• Ad Placement

• Spell Check

WEAKNESSES

• Website CATTCH

Page 19: Academbot marketing plan_final

Improvements to... TYPOGRAPHY

• Use space thoughtfully

• Improve upon basic type fonts

WEAKNESSES

• Website CATTCH

Helvetica, anyone?

Page 20: Academbot marketing plan_final

Improvements to... CHUNKING

• Focus on content, not ads

CONTENT CONTENT

AD

WEAKNESSES

• Website CATTCH

Page 21: Academbot marketing plan_final

Improvements to... HIERARCHY

• Ranking tool takes precedence

• Still have lead-ins to content on home page

WEAKNESSES

• Website CATTCH

Page 22: Academbot marketing plan_final

Now... we nurture.

• Product, then community

• Visitors must move through site

• Self-identify for improved content

• Mailing List

• Live Webinars

WEAKNESSES

• Poor customer retention

Page 23: Academbot marketing plan_final

WEAKNESSES

• Poor customer retention

Nurture

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$200K Budget

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6 Month Timeline

Content-based to Product-based

Page 26: Academbot marketing plan_final

Academbot Questions?