Wednesday, March 31, 2010
Creative ideas and testimonials for Promo Video
Tuesday, March 30, 2010
observational research
Chapter 8 : Survey Research
Besides that, survey will get to reach out further and more responses. Listening to what his audience thoughts and ideas about what they like might be helpful and inspiring for his new design.
Social Network especially Facebook and Twitter are widely use by many big companies nowadays. So let's Tweet about it!
Chapter 8, Casey Ligon
Observational Research
Monday, March 29, 2010
Decker
Sunday, March 28, 2010
Chapter 8, Mail Surveys
The questions could be as simple as: "what attracted you to buy from Crua Stone?" or "was your purchase for yourself or for a gift?"
This feedback could help us understand the fan base Crua Stone already has, as well as helping develop the SWOT analysis further. Even if the customer chooses not to fill out the survey, they still will have seen the name CRUA STONE at least one more time.
observational Research
The observational Research Method applies to Mike’s jewelry very well, it is based on watching what people do, who buys what kind jewelry and were. It could also include what kind of people wears what kind of jewelry.
This is especially important to decide where to sell it (although we already know where we are selling mikes jewelry).
It also helps shaping the profile of the potential costumers and the profile of the brand.
This method is also used to gather information from other companies from the costumer position, this is called mystery shoppers; The researcher goes to a specific store and observes from the way they packed or not the shelves, costumer service all the way to packaging and labeling.
Friday, March 26, 2010
Chapter 8
Thursday, March 25, 2010
Market Research
Select one research method that can be adopted by Mike Decker or any other creative entrepreneur and explain what data can be collected and how can the research data be utilized to support marketing decision making. Read the other comments and try to be original.
Wednesday, March 24, 2010
Seth is a genius
"Telling a Story on the Label"
"Here's a $20 bottle of soap. Functionally identical to a $3 bottle, so what's the $17 for?
Let's assume the people buying it aren't stupid. What are they paying $17 for? A story. A feeling. A souvenir of a shopping expedition or perhaps just a little bit of joy in the shower every morning. Let's dissect:
1. The hang tag. It's special because most soap doesn't have a hang tag. Hang tags come on things that are a little more special than soap. And hang tags beg to be read. This one says a lot (and nothing, at the same time.) It reminds us that it doesn't contain SLS. What's SLS? Is it as bad as SLES?
2. This isn't soap. It's mineral botanic. Both words are meaningless, which means the purchaser can attach whatever feelings they choose to them. In this case, the marketer is hoping for old-time, genuine, down-to-earth and real.
3. It's not made by a soap company. It's made in a Dead Sea Laboratory. Laboratories, of course, are where scientists work, and the Dead Sea is biblical, spiritual and really salty. The company has a name (Ahava) that is onomatopoeic and reminds you of breathing. Breathe deep and find calm. [Even better, I'm told it means 'love' in Hebrew].
4. My favorite part is that it's made from bamboo and pansy. At least a little. Bamboo because it's fast growing and Asian and gentle and wood and grass at the same time. And pansy... well... pansy is for girls.
5. Two really good things here. First, it's for very dry skin. This is brilliant. If your skin is dry, you don't want to hear that it's sort of dry, kind of dry, not as dry as that guy over there... No, you want to hear that it's extremely dry, really dry, so dry it's like sand. That kind of dry. This bottle understands how very dry your skin is, and it's here to help.
Also, it's in French! I love that there's the language of love and sophistication and diplomacy right here on the bottle. I can imagine that models for Chanel are using it on the Rive Gauche as we speak.
6. Did I mention the part about velvet?
It took guts to take this packaging so over the top. It doesn't match my worldview, but it might match yours. There's not a lot of room for slightly-out-of-the-ordinary."
Tuesday, March 23, 2010
Article
Mike’s jewelry was voted to be the subject of the class’ latest Marketing project. The students have been divided into different groups, each handling a different aspect of the Marketing Mix. Each week the class covers another step of the marketing process for Crua Stone, doing things such as working on the packaging, picking out a name and logo, price setting and understanding the target market. The class has decided to use Etsy.com, an online community specifically for selling handcrafted products, along with the school’s local store, Made By Ringling, to sell Crua Stone’s Jewelry. Etsy.com is tailored to pieces like Mike’s Crua Stone jewelry. This project allows students to experience first hand everything that goes into marketing a product.
Crua Stone already had a small following, but now Mike Decker’s business has the chance to expand with a greater force than ever before. To find out more about this 23 year old from Texas who now resides in Sarasota, Florida, check out his web page!
Chapter 15: Advertising and PR
Advertising:
*Spending on advertising is different for new and established brands/companies. Emerging products/companies have to spend proportionately more to make themselves known. Big names like Coca-Cola and Verizon Communications (even though they pay nearly $10million a day on advertising) concentrate on reminding consumers of their presence and they are already known thanks to their heavy investment in advertising in previous years.
* The reason for switching advertising methods is that after a certain point diminishing returns set in aka the Advertising Response Function. After this point, money spent on advertising will become decreasingly effective at raising awareness. You can only tell so many people about something new until you start running into the same people basically.
*Serious/Dramatic ads work better to improve negative attitudes from consumers toward positive ones. Humerous ones work better among those who already have a positive attitude towards the product/brand/company presented in them.
*Institutional advertising has been on the rise. These work to promote the company/organization on the whole and preserve their desired identity. Advocacy ads, responses to recent controversies and accusations are included in this type of advertising.
*Product Advertising is something we've been swamped with since our first days in existence. Pioneering, Competative, and Comparative Advertising are all specific angles that are taken in this type of ad.
*For an Ad Campaign: planning, development, execution, scheduling (for tv: flight, pulsing, or seasonal for example), and post campaign evaluation are your basic formula
PR:
*PR can either be set up through press releases and proactive media relations but can also create themselves such as the diet coke + mento mint geyser video. (Mento estimates the online buzz spurred on in fan videos to be worth over $10million. Mento spends under $20 million on advertising. Total.)
*Weapons in the PR Department's arsenal: product publicity, press relations, corporate communications, public affairs, lobbying (oh the dreaded lobbyists), employee and investor relations, and crisis management (damage control for when bad publicity happens)
*New Product publicity - here's where the extra money goes to introduce new products. Publicity stunts such as Henri Desgrange's bicycle race to promote his newspaper (known as the Tour de France today; 100 years later) fall into this category.
*Product Placement: The fun "SONY" logo you see in a movie or phone you see placed into a scene in a show.
*Consumer Education: "informed consumers are better than loyal consumers." Seminars and educational programs regarding services pertinent to the providing comapny/organization fall under this category.
*Sponsorship: Keeping athletes many times wealthier than us since before Michael Jordan
*Internet Web Sites: Convenient yet losing popularity. Many products no longer receive their own site. Instead they may be promoted on the parent site established for the whole company entity. If anything though, companies are moving towards blogs, essentially the newspaper of our generation to promote themselves online in ways aside from advertisement banners and pop ups.
ch 15
http://www.coca-cola.com/index.jsp
Rough Film Ideas
I've put together a simple and straight forward storyboard outlining the overall feel of what the video for Mike could look like. I was leaning towards a more interview approach where the a majority of the video is about the person talking about themselves and the product mixed in with some shots of the surrounding areas of the school and the Madeby Store. Mike being interviewed on a beach nearby would tie in with the whole "natural" theme of the product and also reflect on the target audience.
Mike's Bio--20 Something
Mike Decker: the 23 year old rebel. Don't tell him he can't do something, he'll just prove you wrong. This is what drives him, along with his supportive family. He never wants to be anything but the best, and he'd willing to work hard for it. This advertiser/artist has a strong opinion (sometimes direct) and when he's passionate about something, no one can tell him he's wrong. When he's not busy carving Brazilian stones, he likes to skim, surf, skateboard, hang out with friends, and loves to do ceramics. Music is an important part of his artwork. Doesn't matter what he's listening to. It's more about mood. Music is half the experience of stone carving. It keeps him going. “The music sets the pace and tone of what I am carving that day. “ Other than music, Mike is also influenced by the natural shapes in nature. He has an eye for finding hidden symbology within the art and makes up his own meanings. It's a very personal type of artwork, requiring both time and patience. Only the most dedicated can do what Mike Decker does. Mike considers his mom a mentor for always being there for him along with his high school art teacher, Patrick Woodruff and technical school teacher, April Irwin. His main goal is to graduate college being the top of his class with the knowledge and skills he needs to revolutionize the industry. After school he wants to obtain a well respected job and earn enough money to retire at a young age to open his own art studio and gallery. The ultimate goal? To live life and be happy doing art.
Chapter 19
It's an essential part of modern business management. Termite Extermination Inc was able to develop and implement a marketing plan that increased sales dramatically. Banks introduce the customer relationship management system to become more customer oriented. Maybank has won the customer relationship management excellence award 2010 for its high performance and high return on investment crm. Maybank said it emerged tops under the "growth" category.
Final 3 logo
Monday, March 22, 2010
Chapter 15
Public relation is what helps the marketers understand, evaluate their needs and learn about what they want and care about. The consumers and helps the consumers understand, accept and trust on what is being offered to them. When there is good costumer service brand loyalty tends to increase, if we as costumers know that we will be treated good and respected we will give that back to the company and it makes the experience of buying the product or using the service much more pleasant and satisfying. Sales are good to attack costumers that maybe had sassed to purchase or use a certain product for economic reasons or for experimental reasons ( to try other newer brands). When you give the costumer to get something for less money it gratifies them, it is an opportunity they have in a set period of time which influences their decision making.
A company that is very good on sales is Charlotte Russe, their sales go up to 50% and sometimes even more. This is a clothes company and whenever a new collection comes in the prices of the previous one go drop down. This makes a big difference and the stores bloom at that time of the year because their main consumers are teenage girls who might not have that much money but they like to spend it in clothes and if they can get more for less even better. http://www.charlotterusse.com
Sunday, March 21, 2010
Chapter 15-Pioneering Advertising and Netflix
Tuesday, March 16, 2010
iPad Parodies
The Mad TV skit is actually before the iPad came out, it was only announced like a couple years ago.
http://www.youtube.com/watch?v=lsjU0K8QPhs
This last link is that scene from Valkyrie (I think), that has become pretty popular to replace the original conversation with humorous subtitles, this one being about the iPad's release. Beware, there is foul language, but only written. :P
http://www.youtube.com/watch?v=lQnT0zp8Ya4&feature=related
PR, sales and customer service
black mamba: objectives for mikes business
black mamba: pros & cons of etsy and madeby
Etsy would allow for Mikes art to reach a wider audience, while the madeby store only allows Mikes art to reach a select group of people in the Sarasota area. Another issue with the madeby store (that we discussed in class) was the location, which ends up being another pro for selling on etsy. Another issue that came up was how much it would cost to list his items for sale with each store. Etsy does require a fee, but we did not determine if the madeby store did. Constantly posting new pieces on etsy could become very time consuming, also the shipping could become problematic. Madeby is here in sarasota, and that proximity does make it appealing.
Monday, March 15, 2010
Mike's Pricing
Physical work pay could fluctuate depending on how much you would want to be paid an hour.
The additives of the piece (if any) could be calculated along with the original cost of the Brazilian stone. For example glass beads, decorative wire, etc.
The size and detail of the piece could also be a variable in the total cost.
Mike's Pricing
Physical work pay could fluctuate depending on how much you would want to be paid an hour.
The additives of the piece (if any) could be calculated along with the original cost of the Brazilian stone. For example glass beads, decorative wire, etc.
The size and detail of the piece could also be a variable in the total cost.
Tuesday, March 2, 2010
M2 - some logo sketches
Package Design - Fourth Group
***
We also thought another good package design (alternative to a box) could be a kind of hand folded envelope, that is later placed in a shipping box if sold on Etsy.
The paper would be recycled from paper grocery bags (if everyone in the class gets paper instead of plastic for one week, we'll have enough bags for Mike to last him through the summer. Each bag could provide enough paper for 2-3 packages). The brown paper could be given a colored wash, like watercolor, in earthy tones that would give it a random and organic texture, just like the stones.
The envelope would be hand folded like a large letter, and wrapped vertically with hemp. A small stone charm would be tied at the closure, which could be the icon for mike's designs, or a simple abstract shape. A card would also be tied at the closure and include the following information:
The origin of the stone and explanation of how the materials are all natural.
Information explaining that the packaging is natural/recycled
A quick how-to on how to take the hemp + charm that come around the package to make your own simple necklace/bracelet.
The space inside the envelope would be filled with rafia or another shredded paper material, as padding (the same goes for the shipping box).
***
I believe that we were all in agreement that the larger necklaces would require a sturdier package, even just for the MadBy store, so a box design would work best. We have a few templates for box construction as well.
***
From there, we wrote a few solid ideas that we want to see in the final package design (in either an envelop/bag style or box design):
pendant and hemp closure
card with: stone story, how-to, and package info
texturized brown paper
rafia as padding
***
Mission Statement Take II
Monday, March 1, 2010
SWOT Analysis for Mike's Stonewear.
Strengths:
handmade
environmental friendly (renewable resources)
no color fading
can be custom made
naturally varied
handcrafted sometimes makes greater appeal than mass production: people get a sense of love put into the product.
wide range of audience?
can be worn anywhere
if people know that the money doesn't necessarily go to him, they see it as selfless and tend to buy it than something else
Weaknesses:
Rate of production
Nature of the stone (can be fragile)
Limited colors
Wear and tear (treatment of the product, gets smelly)
Limited sizes (can't go too small)
Possible breaking
Limited edition
Supply fluctuation
Post purchase
Opportunities:
Introducing new materials- would result in new pricing like wires, glass workings, acrylics, stone insets, and new kinds of chains to put them on.
New stonewear sets- rings, bracelets, anklets, etc.
New lines (sets with new materials added)
Beach Themes, Nature themes, Totem themes
Events and shows (like jewelry shows)
partnerships
Threats:
Big jewelry companies
Cheaper from over seas
Want something from that specific area
Activist not wanting the rock/hemp removed from its natural environment
Economic times
Other local artists