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Posts Tagged ‘product placement’



May
07
2012
0

Holiday Marketing: Bud Light V.P. Talks About Branding

Monday, May 7th, 2012

Just in time for May 5 – widely known for its association with the Mexican holiday of Cinco de Mayo – Budweiser is discussing its marketing strategy with relation to two popular, nontraditional drinks in its arsenal: Bud Light Lime and the newer Lime-A-Rita. One of these has been around since 2008 (among the first in a long line of lime-flavored beers on the grocery store shelf), and the other is one you’re probably hearing about for the first time.

Last year, Bud Light Lime saw a decline in sales nationwide, with 13% fewer shipments and only 20th placing among all national beer brands. In a timely interview – considering that lime-flavored drinks are often associated with Cinco de Mayo, Mexican food flavor profiles and other south-of-the-border contexts – Ad Age interviewed Mike Sundet, Bud Light’s vice president, to discuss that loss of sales and what the brand is doing about it in order to compensate for 2012.

Sundet said that one strategy is ensuring that all of Bud Light’s branches reflect the same core brand message. Bud Light is getting rid of its Golden Wheat beer, which didn’t match the intended brand profile. By strengthening the way people perceive Bud Light, with a consistent message, it will also serve to bolster people’s opinions of Bud Light Lime. Bud Light is also releasing Bud Light Platinum at the same price point, so that when one special or sale is advertised, the ramifications can easily expand to both of the beers in question since they won’t be segregated by contradictory costs or competing in-store displays. Last but not least, this drink is getting an image makeover with some fresh new television ads featuring a remix of Will Smith’s “Summertime.”

For those who like the lime flavoring, there’s another Bud Light option to consider – though it’s not technically a beer. The Lime-A-Rita is a sweeter, saltier drink that might translate to a more whimsical occasion or suit the needs of people who tend to like Bud Light but are more in the mood for a cocktail or something different. As Sundet points out, many people like margaritas, but those aren’t the easiest drinks to bring to parties or make away from the kitchen, where you have a blender and a complete set of ingredients. Instead, the Lime-A-Rita fulfills that craving but is easy to transport. He says it’s for the same demographic as Bud Light Lime, but for different kinds of occasions.

The lesson here is clear: A brand’s products should all enforce a consistent image, for a consistent audience and with a consistent price point. Deviating or diversifying too much puts a brand at risk of alienating its audience, splitting their loyalties or confusing them about the nature of your product. If you find yourself in a similar situation, remind your audience why they liked your brand in the first place, but then add a fresh new spin on it to tempt them to give you a shot again – whether it’s issuing a new promotion, launching an edgy campaign or piquing their interest with a complementary product.



Aug
29
2011
0

Marketing Stunts

Monday, August 29th, 2011

At Mad 4 Marketing, we’re always wary of resorting to gimmicks when we’re building a campaign for your business. Although it can be fun to come up with extremely creative and off-the-wall ideas to help you get the word out, at the end of the day these brainstorming sessions are often best just to get the juices flowing and then can be scaled back to more reasonable ideas. But that’s not always the case. For example, guerrilla marketing endeavors can be classified as marketing stunts. These are often a popular and practical way to catch consumers’ attention and make a lasting impression. The important thing is knowing the distinction between what will work and what’s over the top. This takes the discretion of a knowledgeable advertising agency with a diverse skill set, from traditional to avant garde media and marketing applications.

One of the main reasons for concern is that marketing stunts are unpredictable. Since you’re ideally seeking a one-of-a-kind event or attraction, this means there’s no way to know entirely what to expect. There aren’t analytics to see how successful a similar promotion has been in the past and anticipate its reaction with the public. However, this doesn’t mean that it can’t be done correctly. It just means that it’s very important to estimate cost (in terms of money and time) vs. reward, and make sure everyone involved understands and approves the plan so that expectations are aligned. Nailing key messaging throughout the course of the event is vital, since once of the key pitfalls to avoid with marketing stunts is burying relevant ideas within the framework of comedy, outlandishness or absurdism just to make an impact. At the very least, if a stunt doesn’t go over as well as you’d hoped, it’s good to know that the brand’s name and core essence do get out.

Product placement is one of those obvious marketing ploys that audiences typically don’t like to see – or don’t like to be aware of, at least. Then again, if it didn’t work it probably wouldn’t be all over your television and movie screens. Morgan Spurlock’s most recent documentary, “POM Wonderful Presents: The Greatest Movie Ever Sold,” explores the phenomenon of product placement by interviewing business execs and artists about the growing trend – while simultaneously soliciting the movie to sponsors. He actually makes an interesting point about the gimmick of product placement, however, by noting that he doesn’t consider it selling out because he maintained creative control. Similarly, if you’re going to go for a gimmicky marketing stunt, it’s important that those receiving it feel like it maintains some integrity and is more about addressing them and appealing to them than it is about doing something for your own benefit and bank account.

For more advice about the types of marketing concepts that are most suitable for you, don’t hesitate to contact us for a consultation.