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Session 2:
The Lifecycle of a Product/ Campaign Launch
#EMPOWERBL16
Presenter
INSIGHTS DIRECTOR, INTELLIGENCE
CARA BUSCAGLIA
#EMPOWERBL16
This session will cover…
Defining the Project Goals1
Pre-launch: Communications Insight2
Post-launch: Evaluating & Optimizing3
#EMPOWERBL16
Defining Project Goals
#EMPOWERBL16
50% of product
launches fail.
Studies show that nearly
Source: McKinsey study, R. G. Cooper
#EMPOWERBL16
Example 1
Fixing a non-existent problem.
Why Launches Fail
The problem:
The product required the consumer to remove it from the
packaging and into a mug before putting it in the microwave…
which proved no different than pouring a cup of fresh coffee
from the coffeemaker.
In 1990 Maxwell House launched Ready to Drink Coffee which
was marketed as a new, convenient way to enjoy coffee
instantly, without having to make a pot of coffee at home.
#EMPOWERBL16
Example 2
Poor execution.
Why Launches Fail
The problem:
Windows Vista encountered backlash when it
came out on the market due to the power it
required to run the system, causing crashes, as
well as internet connectivity problems. Microsoft
tried to prove itself but ultimately, had to move
up the release of its replacement, Windows 7.
Bad design, poor user experience, sloppy
implementation, and lack of quality control all
contribute to product failure.
#EMPOWERBL16
Defining the Project Goals
Key KPIs to Measure
Sales/Revenue
Performance Metrics
Brand Awareness
#EMPOWERBL16
Governance
Assembling a cross-functional team across marketing, operations, product
development, leadership, etc. is imperative to a successful product launch.
Marketing – strategize and execute marketing plan
Operations – develop & manage operational processes
Leadership – define KPIs, ensure stakeholder support
Product development – identify possible weaknesses/ threats, act on product feedback
#EMPOWERBL16
Pre-launch:
Communications Insight
#EMPOWERBL16
Pre-launch: Communications Insight
Understanding the Market
Competitive Analysis –
Measuring Paid, Earned, and Owned Media
Consumer Feedback & Testing
#EMPOWERBL16
Understanding the Market
It is important to understand the market and all of the intricacies involved in a
product launch.
Where are similar products
communicating – what are they
saying and what effect is this
having on consumer conversation?
How is my brand positioned in the
marketplace vs. its rivals? How has
this changed over time and
geographically?
Who is really standing out in my
sector, or beyond, and what can I
learn from them?
What cultural norms, events,
preferences, etc. should we know
about?
What advertising channels are
available in the market?
Is there a movement or other
societal issue affecting the market
right now?
#EMPOWERBL16
Example: Fight on Food Additives
Societal pressure forces major brands to listen as consumers demand products
meet the needs of the market.
Del Monte removes GMOs
and non-BPA free
packaging
Subway removes chemical
from bread.
Kelloggs agrees to properly
label engineered
ingredients
Kraft removes
carcinogenic additive from
Mac & Cheese
#EMPOWERBL16
Real Results from Public Sentiment
Influencers, such as blogger
Food Babe, can cause
major public backlash that
forces companies to
respond.
#EMPOWERBL16
Competitive Analysis: Paid
Staying on top of your competitors’ paid activity across markets is important as you
look to launch into new markets or optimize in current ones.
Uber Expedia Dial 7 Car &
Limousine
Service Inc
Lyft Inc Curbside Inc Gett
0
200
400
600
800
1000
1200
1400
1600
TOTAL DOLS (000)
New York LA Chicago Baltimore Austin Boston Detroit San Francisco
Example: UBER
New York leads local
advertising spent
across competitors on
traditional media
channels (TV, Magazines,
Newspapers, Radio)
#EMPOWERBL16
Competitive Analysis: Paid
As the client
prepared to
launch a new
credit card, they
sought to
understand
competitive
advertising as
they refined their
creative strategy.
Included in commsPartially addressed in commsMissing in comms
Colombia
Argentina
India
Indonesia
Malaysia
Philippines
Taiwan
Thailand
*Time sensitive offers were included
#EMPOWERBL16
Competitive Analysis: Earned
Brands should seek to better understand their social audiences, the competitor
marketplace, and target influencers to develop key messages that resonate and
establish a robust communications plan.
25%
25%
13%
7%
13%
8%
7%
2%
Uber Austin
New York
San Francisco
Baltimore
LA
Chicago
Boston
Detroit
33%
13%
12%
15%
11%
13%
2% 1%
Lyft
Uber Lyft
15%
39%
46%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Positive Negative Neutral
16%
38%
46%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
LYFT
SENTIMENT LYFT
SHARE OF
VOICE
UBER
SENTIMENT
UBER
#EMPOWERBL16
Competitive Analysis: Owned
Understanding competitors’ owned campaign activity on channels can help direct
and influence your own campaign strategy.
April Engagement
Total Site Visits 49.90 M
Time on Site 00:03:26
Page Views 3.35
38.73%
15.98%
30.20%
5.55%
9.25%
0.03%
Direct Referals Search Social Mail Display
Site Traffic
Facebook
Activity
Owner
Activity
Audience
Activity
Daily
Engagement
Competitor 1 372 1042 .04%
Competitor 2 56 442 .021%
Competitor 3 7 302 .03%
Competitor 4 22 76 .007%
Competitor 5 26 37 .007%
Campaign activity that is owned by the brand, on channels operated by the brand e.g. brands’ own
campaigns on their website or Facebook / YouTube / Twitter / Instagram pages.
Traffic Sources Competitor Activity
#EMPOWERBL16
Consumer Feedback & Testing
Connect with local consumers or your loyal customers that have already engaged
with your brand for product innovation or even what is driving them to purchase
similar products.
Focus groups
Concept testing
Online Surveys
Social media listening
Social Media channel persona assessment
#EMPOWERBL16
Consumer Feedback & Testing:
Adapting your Product
The information isn’t enough, once you have credible feedback, you need to take
action on implementing changes to fit the market audience.
Colgate takes local market tastes into account and
does an excellent job of adapting flavors into their
toothpaste brand to help drive sales.
For example, in Asia – Colgate offers a toothpaste
with ginseng, a popular local ingredient.
#EMPOWERBL16
USPS OIG: Understanding Consumer Challenges &
Preferences to Develop Products
Problem
• The USPS Office of Inspector General (USPS
OIG) wanted to better understand its customers’
pain points, preferences, and identify any
challenges using the USPS services.
Solution
• A social media channel assessment was
conducted to provide insight into how USPS
might be able to augment its product offering
and enhance its customer interaction.
Outcome
• The research & recommendations provided
helped develop a strategy for a mobile
application to make customer experience more
convenient, allowing them to better track
shipments & provide a new communications
channel.
#EMPOWERBL16
Post-launch:
Evaluating & Optimizing
#EMPOWERBL16
Full Campaign Analysis
At minimum, 2-4 weeks after the campaign launch, start the analysis by examining communication
activity across all channels (paid, earned, and owned) to prove a 360 degree view of brand
communications. Observing the following:
Messages
Awareness generated
Consumer response
Reputational impact
#EMPOWERBL16
Goal Completion Review
Did you achieve your goals that you set at the beginning of the project?
Has there been a lift in:
Sales/revenue
Website traffic
Customer engagement
Brand reputation

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BrandsLab Market Intelligence Session 2 | The Lifecycle of a Product/ Campaign Launch

  • 1. Session 2: The Lifecycle of a Product/ Campaign Launch
  • 3. #EMPOWERBL16 This session will cover… Defining the Project Goals1 Pre-launch: Communications Insight2 Post-launch: Evaluating & Optimizing3
  • 5. #EMPOWERBL16 50% of product launches fail. Studies show that nearly Source: McKinsey study, R. G. Cooper
  • 6. #EMPOWERBL16 Example 1 Fixing a non-existent problem. Why Launches Fail The problem: The product required the consumer to remove it from the packaging and into a mug before putting it in the microwave… which proved no different than pouring a cup of fresh coffee from the coffeemaker. In 1990 Maxwell House launched Ready to Drink Coffee which was marketed as a new, convenient way to enjoy coffee instantly, without having to make a pot of coffee at home.
  • 7. #EMPOWERBL16 Example 2 Poor execution. Why Launches Fail The problem: Windows Vista encountered backlash when it came out on the market due to the power it required to run the system, causing crashes, as well as internet connectivity problems. Microsoft tried to prove itself but ultimately, had to move up the release of its replacement, Windows 7. Bad design, poor user experience, sloppy implementation, and lack of quality control all contribute to product failure.
  • 8. #EMPOWERBL16 Defining the Project Goals Key KPIs to Measure Sales/Revenue Performance Metrics Brand Awareness
  • 9. #EMPOWERBL16 Governance Assembling a cross-functional team across marketing, operations, product development, leadership, etc. is imperative to a successful product launch. Marketing – strategize and execute marketing plan Operations – develop & manage operational processes Leadership – define KPIs, ensure stakeholder support Product development – identify possible weaknesses/ threats, act on product feedback
  • 11. #EMPOWERBL16 Pre-launch: Communications Insight Understanding the Market Competitive Analysis – Measuring Paid, Earned, and Owned Media Consumer Feedback & Testing
  • 12. #EMPOWERBL16 Understanding the Market It is important to understand the market and all of the intricacies involved in a product launch. Where are similar products communicating – what are they saying and what effect is this having on consumer conversation? How is my brand positioned in the marketplace vs. its rivals? How has this changed over time and geographically? Who is really standing out in my sector, or beyond, and what can I learn from them? What cultural norms, events, preferences, etc. should we know about? What advertising channels are available in the market? Is there a movement or other societal issue affecting the market right now?
  • 13. #EMPOWERBL16 Example: Fight on Food Additives Societal pressure forces major brands to listen as consumers demand products meet the needs of the market. Del Monte removes GMOs and non-BPA free packaging Subway removes chemical from bread. Kelloggs agrees to properly label engineered ingredients Kraft removes carcinogenic additive from Mac & Cheese
  • 14. #EMPOWERBL16 Real Results from Public Sentiment Influencers, such as blogger Food Babe, can cause major public backlash that forces companies to respond.
  • 15. #EMPOWERBL16 Competitive Analysis: Paid Staying on top of your competitors’ paid activity across markets is important as you look to launch into new markets or optimize in current ones. Uber Expedia Dial 7 Car & Limousine Service Inc Lyft Inc Curbside Inc Gett 0 200 400 600 800 1000 1200 1400 1600 TOTAL DOLS (000) New York LA Chicago Baltimore Austin Boston Detroit San Francisco Example: UBER New York leads local advertising spent across competitors on traditional media channels (TV, Magazines, Newspapers, Radio)
  • 16. #EMPOWERBL16 Competitive Analysis: Paid As the client prepared to launch a new credit card, they sought to understand competitive advertising as they refined their creative strategy. Included in commsPartially addressed in commsMissing in comms Colombia Argentina India Indonesia Malaysia Philippines Taiwan Thailand *Time sensitive offers were included
  • 17. #EMPOWERBL16 Competitive Analysis: Earned Brands should seek to better understand their social audiences, the competitor marketplace, and target influencers to develop key messages that resonate and establish a robust communications plan. 25% 25% 13% 7% 13% 8% 7% 2% Uber Austin New York San Francisco Baltimore LA Chicago Boston Detroit 33% 13% 12% 15% 11% 13% 2% 1% Lyft Uber Lyft 15% 39% 46% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Positive Negative Neutral 16% 38% 46% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% LYFT SENTIMENT LYFT SHARE OF VOICE UBER SENTIMENT UBER
  • 18. #EMPOWERBL16 Competitive Analysis: Owned Understanding competitors’ owned campaign activity on channels can help direct and influence your own campaign strategy. April Engagement Total Site Visits 49.90 M Time on Site 00:03:26 Page Views 3.35 38.73% 15.98% 30.20% 5.55% 9.25% 0.03% Direct Referals Search Social Mail Display Site Traffic Facebook Activity Owner Activity Audience Activity Daily Engagement Competitor 1 372 1042 .04% Competitor 2 56 442 .021% Competitor 3 7 302 .03% Competitor 4 22 76 .007% Competitor 5 26 37 .007% Campaign activity that is owned by the brand, on channels operated by the brand e.g. brands’ own campaigns on their website or Facebook / YouTube / Twitter / Instagram pages. Traffic Sources Competitor Activity
  • 19. #EMPOWERBL16 Consumer Feedback & Testing Connect with local consumers or your loyal customers that have already engaged with your brand for product innovation or even what is driving them to purchase similar products. Focus groups Concept testing Online Surveys Social media listening Social Media channel persona assessment
  • 20. #EMPOWERBL16 Consumer Feedback & Testing: Adapting your Product The information isn’t enough, once you have credible feedback, you need to take action on implementing changes to fit the market audience. Colgate takes local market tastes into account and does an excellent job of adapting flavors into their toothpaste brand to help drive sales. For example, in Asia – Colgate offers a toothpaste with ginseng, a popular local ingredient.
  • 21. #EMPOWERBL16 USPS OIG: Understanding Consumer Challenges & Preferences to Develop Products Problem • The USPS Office of Inspector General (USPS OIG) wanted to better understand its customers’ pain points, preferences, and identify any challenges using the USPS services. Solution • A social media channel assessment was conducted to provide insight into how USPS might be able to augment its product offering and enhance its customer interaction. Outcome • The research & recommendations provided helped develop a strategy for a mobile application to make customer experience more convenient, allowing them to better track shipments & provide a new communications channel.
  • 23. #EMPOWERBL16 Full Campaign Analysis At minimum, 2-4 weeks after the campaign launch, start the analysis by examining communication activity across all channels (paid, earned, and owned) to prove a 360 degree view of brand communications. Observing the following: Messages Awareness generated Consumer response Reputational impact
  • 24. #EMPOWERBL16 Goal Completion Review Did you achieve your goals that you set at the beginning of the project? Has there been a lift in: Sales/revenue Website traffic Customer engagement Brand reputation

Notes de l'éditeur

  1. Consider these two interesting statistics: 1) New products have a failure rate of 25 percent to 45 percent1; and 2) For every seven new product ideas, about four enter development, one and a half are launched, and only one succeeds2. In his article, “Identifying industrial new product success,” R. G. Cooper estimates the product failure rate at 48%.  Interesting read - http://community.uservoice.com/blog/why-products-fail/
  2. – Drive more consumers to your website
  3. b. Creative Analysis to understand copy strengths/weaknesses i. What message are you communicating? ii. What is their Call To Action? iii. Targeting iv. Key themes v. Target audience vi. Visual assets vii. Understand industry trends/challenges that impact strategy viii. Tease out if there are any connections on Social media
  4. Identifying main constituents on social media* helps target message appropriately Earned media looks at the equivalent of online word-of-mouth, or conversation (either positive or negative) about brands in the online space that the brands themselves can’t control e.g. comments left on blogs, forums or even on their own social media pages
  5. Focus on measurement