small business advertising - spi belt

14
Small Business Advertising Case Studies Week 1

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Page 1: Small business advertising - spi belt

Small Business Advertising Case

Studies

Week 1

Page 2: Small business advertising - spi belt

Objectives

To help the team become familiarize with the

advertising trends and standards in the US

Apply knowledge of these trends and standards to

how we approach marketing

Allow team to engage in meaningful discourse and

develop an inquisitive culture

Page 3: Small business advertising - spi belt

SPIBelt

OVERVIEW

Short for (S)mall (P)ersonal (I)tem belt

Created by Kim Overton, professional trainer, while

jogging on a lake trail

Spent $2,000US from her apartment to produce the

concept

Page 4: Small business advertising - spi belt

SPIBelt

Marketing Plan/Approach:

Spent countless times tweaking her product for fit and usability

from the feedbacks she receives from customers/focus groups

Marketed product on fitness/running events, talked to runners

about product

Manufactured stock for retail stores

Approached media outlets personally and with no help from ad

agencies

Held giveaways, donations and sponsorships to get the word out

about the product

Online branding (social media)

Page 5: Small business advertising - spi belt

SPIBelt

RESULTS:

revenue has grown from $150,000 in 2007 to $7 million in 2011

with less than 10 employees

expanded into Asia, Australia, Canada and Europe and has

plans to enter other countries.

Page 6: Small business advertising - spi belt

SPIBelt

PRODUCTS

Basic SPIBelt

$19.95

Dual-Pocket SPIBelt

$29.95

SPIBelt with Inner Pockets

$21.95

Race Number Belt

$11.95

Water Bottle Holder

$19.95

Kid’s SPIBelt

$16.95-$26.95

Page 7: Small business advertising - spi belt

SPIBelt

OTHER PRODUCTS:

Reflective SPIBelt

$28.95

SPIBands/Custom

Bands

$19.95

T-shirts (Long

Sleeves and Short

Sleeves)

$16.95-$19.95

Page 8: Small business advertising - spi belt

SPIBelt

VALUE

PROPOSITION

Secure small items

(cellphones, keys, MP3

players, money) during

training and/or

workouts

Carries medical items

and supplies

Sleek, expandable,

secure and does not

bounce

Affordable pricing

below $30

Page 9: Small business advertising - spi belt

SPIBelt

TARGET AUDIENCE

Marathoners

Diabetic patients

Triathletes

Cross-trainers

Page 10: Small business advertising - spi belt

SPIBelt

PRODUCT POSITIONING

More compact, convenience and

affordable than a belt bag

Excellent for carrying insulin

pump (particular kids with

diabetis)

Perfect for people doing

marathons and triathlons

Page 11: Small business advertising - spi belt

SPIBelt

Media Coverage

Page 12: Small business advertising - spi belt

SPIBelt Social Media - Facebook

Page 13: Small business advertising - spi belt

SPIBelt Social Media - Twitter

Page 14: Small business advertising - spi belt

SPIBelt

Ads (Online/Print)