Wright Brand Bacon
Transcription
Wright Brand Bacon
Wright Brand Bacon Media Buying Proposal Prepared for: Wright Brand Prepared by: LPA May 14, 2015 Proposal Number: 567-234 Wright Brand Account Supervisor Paul Paez Media Buying Supervisor Erica Garza Media Planning Supervisor Bolanle Ojo Research Meredith Redfern Media/ PR Carly Burdette 2 Wright Brand 3 Objective. Our objective for Wright Brand Bacon is t o increase sales by 10% and awareness by analyzing markets to determine where to buy advertising spots. We will focus our campaign on Holiday seasons, sporting seasons, and tailor the campaign to fit events in each of the five markets, using the $8.6 million dollar budget. Goal. The goal for the brand is to use multiple media vehicles to promote Wright Brand Bacon. We plan to use television, radio, billboards, Pinterest, banners and festival booths. Project Outline. SWOT Analysis Budget Research Benefits Audience Proposal Wright Brand 4 Wright Brand Story WRIGHT® BRAND BACON ADDING SIZZLE FOR 90 YEARS Rich in tradition and rich in flavor, the bold taste of Wright® Brand bacon has been inspiring hearty, mouthwatering meals for bacon lovers since Roy Wright and Fay Eggleston founded the Vernon Meat Company in 1922. Roy and his sons went on to build Wright Packing Company in the early 1940s, and brought to the new company the same important values, to always deliver the highest quality. By the 1970s, the company was focused solely on making bacon and ham. Wright® Brand bacon starts with only the best pork bellies, hand selected and hand trimmed, then slow smoked with natural hardwoods for eight hours, to our 90-year old proprietary curing recipe that bringsforth uncompromising taste. Wright® Brand bacon is something you can be proud to set on the table every day and feel comfortable serving your family. As part of the Tyson Foods family since 2001, the Wright® Brand continues to gather bacon lovers from across the country. Wright Brand SWOT Analysis. 5 Wright Brand 6 Research. Five P’s. Product. Wright Brand Bacon is bigger, thicker slice that has many flavors and is available in many places. Place. Wright’s main target markets for selling around the country are Atlanta, Dallas/Fort Worth, Birmingham, Oklahoma City and Memphis. Wright Brand Bacon is available at local grocery stores such as Kroger, Wal-Mart and HEB. Price. The cost of Wright Bacon is solely dependent on the ounce. The bigger the ounce, the more expensive it is. Packages range from 24-56 ounces with a price range from $8.99$15.99. We have also supplied a variety of flavors such as smoked honey bourbon, Smoked Brown Sugar, Hickory Smoked, Applewood Smoked, Smoked Maple and Smoked Pepper. Promotion. Most of our expenses went towards TV spots. We’ve spent time deciding which spots would best help promote and sell our product. We’ve decided to approach ambient advertising with skywriting at events and a traveling food truck. People. Wright Brand Bacon is currently targeting All-American men ages 25-54 with the secondary target audience being women ages 25-54. Wright Brand 7 Media Analysis. The Wright Brand Bacon website opens up to a page of primary colors with a big strip of bacon next to a speech bubble. All the information that is needed is at the top of the page making it unnecessary to scroll down to the bottom of the page. The logo is big and bold in the top left corner next to the talking strip of bacon. Below the banner on the top of the page, three important links are posted; a twitter link, the brand statement, and news and promotions. At the top of the page, above the banner, links to navigate the website can be found. The website includes recipes, products, their story, locations and a way to contact the company. The website is easy to navigate. The most important attributes of the product are on the homepage, along with their newest flavor and a link to their Twitter account. The Twitter handle does not connect to the tweet on Twitter. When clicking on the link, the website takes you to Twitter, but the page then says that it cannot be found which is a problem for customers who want to go straight to the tweet. After being redirected to Twitter, the customer has to search the “WrightBacon” handle to get where they want to be. Wright Brand Bacon is very active on social media. They send out a tweet every day reminding people about their product. Some days they tweet a question to get customer feedback; sometimes they give a thought or statement, and other times they play off of pop culture or holidays. By sending out a tweet everyday they are reminding Twitter followers everyday that the brand exists and to pick up bacon when they go to the grocery store. Twitter and Facebook are linked together, with Facebook getting more responses from people than Twitter. The company does not have a Pinterest, but needs to invest in once to post recipes using bacon. Wright Brand has a tab on their website for recipes, so to add a Pinterest account would be beneficial to the company. Wright Brand 8 MRI Findings Target: Men 25-54 and Women 25-54 HHI: $50,000- $75,000 Marital Status: Married Family Status: At least one child ages 6-17 years Race: White and African American Cable Services: Chiller, Cooking Channel, DIY, Fox Sports, GSN, Hallmark, HSN, INSP, ABC Family, BET, AMC, CMT, ESPN Classic, Food Network. Magazines: All You, Better Homes & Gardens, Cooking Light, Cooking with Paula Dean, Everyday with Rachel Ray, Family Circle, Good Housekeeping, Ladies Home Journal, OK!, North American Fisherman, Southern Living. Wright Brand 9 Benefits. Product Benefits. Wright Brand Bacon offers the best quality by providing bacon strips that are thicker than the competitors. This gives the bacon its full flavor and appropriate crisp that will not easily come apart on the first bite. With a variety of flavors, Wright Brand bacon will satisfy the taste buds of customers who like their bacon with a different twist. Customer Benefits. Wright Brand Bacon offers high quality bacon that the customer can trust. By offering multiple flavors, the customer can have a wide variety to satisfy their cravings and cooking needs. Wright Brand 10 Audience. Target Audience. The target audience is men 25-54 who consume 2+ pounds of bacon per month. The audience is predominately “family men” having 2 or more children at home, educated, employed, considering themselves handy and “all-American.” The audience skews slightly African American and is heavy into sports and outdoors. Secondary Audience. We would like to emphasize that women are as important as our target audience since women do the majority of the shopping. Our secondary audience is more observant of the quality of bacon being purchased. Wright Brand Personas. Mighty Mike Age: 32 Gender: Male Residence: Dallas, TX Education: Bachelor's in Finance Average income: $75,000 Hobbies: Fantasy Football, Grilling on weekends, Fishing TV shows: American Ninja Warrior, Flip This House, Renovation Realities Single Mom Sally Age: 45 Gender: Female Residence: Galveston, TX Education: Some College Average income: $55,000 Hobbies: Gardening, Sewing, Couponing, crafting with kids TV Shows: House Hunters, Project Runway College Cole Age: 20 Gender: Male Residence: Fayetteville, AR Education: Attends University of Arkansas Average income: $5,000 Hobbies: Football, Video games TV shows: Game of Thrones, Dexter, American Horror Story 11 Wright Brand Proposal. Budget Allocation. 12 Wright Brand Traditional. TV and Cable. We plan on running commercials four times a week during primetime for 24 weeks out of the year on both TV and Cable. On TV, commercials will run on ABC, CBS, NBC and FOX throughout the different markets. For Cable, commercials will run on the top 14 channels as determined by the MRI Research, also during primetime. 13 Wright Brand 14 Radio. We chose to run commercials on the top three radio stations in each city. Commercials will run three times a week for 24 weeks, highlighting major holidays and events. Wright Brand 15 Billboard. For each city, billboards will be up for different amounts of time and in different locations to highlight different events that the city holds. In Birmingham, billboards will be posted on major highways such as i65 and i59 periodically for 24 weeks throughout the year. In Atlanta billboards will be placed 20 weeks throughout the year along i285 and i85. Oklahoma City will have billboards placed on i35 and i44 for 24 weeks throughout the year. Dallas-Fort Worth will have billboards placed on i35E, i35W and i30 for 20 weeks out of the year and Memphis will have billboards for 18 weeks out of the year placed on i40 and i240. Wright Brand 16 Non-Traditional Media. Pinterest. Wright Brand Bacon does not have any boards on Pinterest. Pinterest is a great social media source people turn to for new food recipes, so it presents a great opportunity to advertise food brands through receipts on it. We created a Mock-Up board of what our new Wright Bacon Recipes board will look like. It will include a variety of recipes all including Wright Brand Bacon, that pinners can click on and it will take them directly to the Wright Brand Bacon website, where they can view how to prepare the dish. Wright Brand 17 Instagram. Wright Brand does have an instagram but it has very few followers. We decided that we will have an instagram contest in order to gain more followers and raise awareness of the brand. The contest entails the instagram users to create a delicious dish that includes Wright Brand Band and post it to their instagram with the hashtags #WrightBrandBacon #TheWrightBacon. We encourage the contestants to be as creative as they can, using Wright Bacon, but by still making a dish that includes the bacon in a tasteful way. The contest will remain open for 3 weeks and the winner will win free wright bacon for a year. Wright Brand 18 Alternative Media. Digital Skywriting. Through the use of the advertising medium Digital Skywriting, we will have a written message in the sky saying "Eat Wright Bacon" in Dallas during the Texas State Fair and Fort Worth before the Sprint 500 race, in Atlanta before the Braves home opener and in Birmingham for the Geico 500 race. The cost of the Skywriting will be $35,000 per event and is a one-day event, where it will stay in the sky for about two hours. This is a fairly new and innovative advertising medium that is sure to draw attention and create brand awareness. Letters are a mile high and a mile wide; the movements of skywriting airplanes equipped with the smoke-emitting systems form them. Exhaust heat is used to turn a special mix of paraffin oil into thick white smoke, which is discharged through the exhaust system. The "skywriting" is done at heights at 10,000 to 15,000 ft. and is best only in cloudless skies in which there is light to moderate wind. Digital skywriting is a more modern form of skywriting, involving the use of five to seven planes. They fly parallel to each other in formation and in unison as possible. The message is arranged on a master computer, and as the planes fly in line, electronic signals emit the smoke. Wright Brand 19 Food Truck. We will purchase a food truck to travel city-to-city promoting Wright Brand Bacon at festivals, tailgates, concerts, fairs, and various events around each city. The food truck will serve recipes that can be found on the Wright Brand Bacon website and Pinterest board while passing out free samples of the bacon to customers before they purchase their meal from the truck. Wright Brand Budget Breakdown. Overview. Media Cost $1,316,160 Television $1,567,820 Cable $457,390 Radio $132,000 Billboard Food Truck $ 2 5 0 , 0 0 0 $800,000 Twitter Sponsorship $ 3 , 5 7 5 , 0 0 0 Extra Fund $ 5 0 0 , 0 0 0 $8,598,370 Total 20 Wright Brand Market DFW City Total Memphis City Total Oklahoma City City Total Atlanta City Total Birmingham City Total Food Truck 21 Vehicle TV Cable Radio Billboard Ambient Dallas Cowboys Sponsorship TV Cable Radio Billboard Memphis Grizzlies Sponsorship TV Cable Radio Billboard OKC Thunder Sponsorship TV Cable Radio Billboard Ambient Atlanta Braves Sponsorship TV Cable Radio Billboard Ambient NASCAR Talladega Sponsorship Total $648,000 $682,560 $249,660 $25,200 $70,000 $715,000 $2,386,220 $72,960 $100,800 $33,697 $18,000 $715,00 $935,957 $69,600 $95,612 $25,200 $27,000 $715,000 $932,412 $475,200 $656,640 $85,932 $24,000 $35,000 $715,000 $1,987,772 $50,400 $32,208 $62,901 $37,800 $35,000 $715,000 $882,909 $250,000 Wright Brand 22 Dallas/ Forth Worth. Television Market DFW KTVT DFW WFAA Price $1350 Rating 2.5 Spot 4x Weeks 24 Total 324,000 $1350 2.5 4x 24 324,000 Cable Channel Fox Sports Food Network DIY CMT AMC Cooking Channel Chiller BET GSN Hallmark HSN INSP ABC Family ESPN Classic Price $1185 Rating 0.7 Spot 4x Weeks 24 Total $79632 $1185 0.4 4x 24 $45504 $1185 $1185 $1185 $1185 0.4 0.3 0.5 0.5 4x 4x 4x 4x 24 24 24 24 $45504 $34128 $56880 $56880 $1185 $1185 $1185 $1185 $1185 $1185 $1185 0.3 0.3 0.2 0.3 0.3 0.4 0.6 4x 4x 4x 4x 4x 4x 4x 24 24 24 24 24 24 24 $34128 $34128 $22752 $34128 $34128 $45504 $68256 $1185 0.8 4x 24 $91008 Radio 106.1 KHKS Dayparts M-Su 6a-12m Price $475 M-F 6a-10a $475 M-F 10a-3p $475 M-F 3p-7p $475 Wright Brand Rating Spot Weeks Total 23 0.6 3x 24 $20520 1.0 3x 24 $34200 0.6 3x 24 $20520 0.9 3x 24 $30780 98. 7 KLUV Dayparts M-Su 6a-12m Price $475 Rating 0.3 Spot 3x Weeks 24 Total $10260 M-F 6a-10a $475 0.4 3x 24 $13680 M-F 10a-3p $475 0.6 3x 24 $20520 M-F 3p-7p $475 0.4 3x 24 $13680 $58140 94.9 KLTY Dayparts M-Su 6a-12m Price $475 Rating 0.5 Spot 3x Weeks 24 Total $17100 M-F 6a-10a $475 0.6 3x 24 $20520 M-F 10a-3p $475 0.7 3x 24 $23940 M-F 3p-7p $475 0.7 3x 24 $23940 $85500 $106020 Billboard DFW $1050 24 $25,200 Skywriting We will have skywriting in the DFW market twice during the campaign year, $70,000. The first time we will have skywriting is during the Red River Showdown in Dallas and the second time will be at the 500 Sprint Cup at Texas Motor Speedway in Fort Worth. Sponsorship We will also be sponsoring the Dallas Cowboys with $715,000. Wright Brand 24 Grand Total: $2,386,220 Memphis. Television Market MEM WMC MEM WREG Cable Channel Fox Sports Food Network DIY CMT AMC Cooking Channel Chiller BET GSN Hallmark HSN INSP ABC Family ESPN Classic Total Price $152 Rating 2.5 Spot 4x Weeks 24 Total 36,480 $152 2.5 4x 24 36,480 Price $175 Rating 0.7 Spot 4x Weeks 24 Total $11760 $175 0.4 4x 24 $6720 $175 $175 $175 $175 0.4 0.3 0.5 0.5 4x 4x 4x 4x 24 24 24 24 $6720 $5040 $8400 $8400 $175 $175 $175 $175 $175 $175 $175 0.3 0.3 0.2 0.3 0.3 0.4 0.6 4x 4x 4x 4x 4x 4x 4x 24 24 24 24 24 24 24 $5040 $5040 $3360 $5040 $5040 $6720 $10080 $175 0.8 4x 24 $13440 Radio V101 KJMS Dayparts M-F 6a-10a $100800 M-F 10a-3p M-F 6a-7p M-F 3p-7p Wright Brand Price Rating Spot Weeks Total 25 $52 0.9 3x 24 $3370 $52 0.9 3x 24 $3370 $52 0.9 3x 24 $3370 $12731 97.1 WHRK Dayparts M-F 6a-10a Price $52 Rating 0.7 Spot 3x Weeks 24 Total $2621 M-F 10a-3p $52 0.8 3x 24 $2995 M-F 6a-7p $52 0.8 3x 24 $2995 M-F 3p-7p $52 0.9 3x 24 $3370 $11981 95.7 WHAL Dayparts M-F 6a-10a Price $52 Rating 0.5 Spot 3x Weeks 24 Total $1872 M-F 10a-3p $52 0.7 3x 24 $2621 M-F 6a-7p $52 0.6 3x 24 $2246 M-F 3p-7p $52 0.6 3x 24 $2246 $8985 Billboard Market MEM $52 0.7 3x 24 $2621 Cost Per Week $750 Weeks Total 24 $18,000 Sponsorship We will be giving the Memphis Grizzlies a $715,000 sponsorship. Grand Total: $935,957 Wright Brand 26 Oklahoma City. Television Market Price OKC $145 KFOR OKC $145 KOCO Cable Channel Fox Sports Food Network DIY CMT AMC Cooking Channel Chiller BET GSN Hallmark HSN INSP ABC Family ESPN Classic Total Rating 2.5 Spot 4x Weeks 24 Total 34,800 2.5 4x 24 34,800 Price $166 Rating 0.7 Spot 4x Weeks 24 Total $11155 $166 0.4 4x 24 $6374 $166 $166 $166 $166 0.4 0.3 0.5 0.5 4x 4x 4x 4x 24 24 24 24 $6374 $4781 $7968 $7968 $166 $166 $166 $166 $166 $166 $166 0.3 0.3 0.2 0.3 0.3 0.4 0.6 4x 4x 4x 4x 4x 4x 4x 24 24 24 24 24 24 24 $4780 $4780 $3187 $4780 $4780 $6374 $9562 $166 0.8 4x 24 $12749 Radio KJ 103 KJYO $95612 Wright Brand Dayparts 27 M-Su 6a-12m $50 0.5 3x 24 $1800 M-F 6a-10a $50 0.7 3x 24 $2520 M-F 10a-3p $50 0.6 3x 24 $2160 M-F 3p-7p $50 0.7 3x 24 $2520 $9000 1000 AM KTOK Dayparts M-Su 6a-12m Price $50 Rating 0.3 Spot 3x Weeks 24 Total $1080 M-F 6a-10a $50 0.4 3x 24 $1440 M-F 10a-3p $50 0.6 3x 24 $2160 M-F 3p-7p $50 N/A 3x 24 N/A $4680 101.9 KTST Dayparts M-Su 6a-12m Price $50 Rating 0.6 Spot 3x Weeks 24 Total $2160 M-F 6a-10a $50 1.1 3x 24 $3960 M-F 10a-3p $50 0.8 3x 24 $2880 M-F 3p-7p $50 0.7 3x 24 $2520 $11520 Price Rating Spot Weeks Total Billboard Market OKC Cost Per Week $1125 Weeks Total 24 $27,000 Sponsorship The Oklahoma City Thunder will receive a $715,000 sponsorship from Wright Brand Bacon. Grand Total: $932,412 Wright Brand 28 Atlanta. Television Market ATL WSB ATL WGCL Cable Channel Fox Sports Food Network DIY CMT AMC Cooking Channel Chiller BET GSN Hallmark HSN INSP ABC Family ESPN Classic Total Price $990 Rating 2.5 Spot 4x Weeks 24 Total 237,600 $990 2.5 4x 24 237,600 Price $1140 Rating 0.7 Spot 4x Weeks 24 Total $76608 $1140 0.4 4x 24 $43776 $1140 $1140 $1140 $1140 0.4 0.3 0.5 0.5 4x 4x 4x 4x 24 24 24 24 $43776 $32832 $54720 $54720 $1140 $1140 $1140 $1140 $1140 $1140 $1140 0.3 0.3 0.2 0.3 0.3 0.4 0.6 4x 4x 4x 4x 4x 4x 4x 24 24 24 24 24 24 24 $32832 $32832 $21888 $32832 $32832 $43776 $65664 $1140 0.8 4x 24 $87552 Radio 103.3 WVEE Dayparts M-F 6a-10a Price $155 Rating 0.7 $656640 M-F 10a-3p $155 0.6 M-F 6a-7p $155 0.7 M-F 3p-7p $155 0.8 Wright Brand Spot Weeks Total 29 3x 24 $6696 3x 24 $7812 3x 24 $8928 $31248 750 AM WSB Dayparts M-F 6a-10a Price $155 Rating 0.7 Spot 3x Weeks 24 Total $7812 M-F 10a-3p $155 0.6 3x 24 $6696 M-F 6a-7p $155 0.6 3x 24 $6696 M-F 3p-7p $155 0.6 3x 24 $6696 $27900 95.5 WSB Dayparts M-F 6a-10a Price $155 Rating 0.5 Spot 3x Weeks 24 Total $5580 M-F 10a-3p $155 0.6 3x 24 $6696 M-F 6a-7p $155 0.6 3x 24 $6696 M-F 3p-7p $155 0.7 3x 24 $7812 $26784 Billboard Market ATL 3x 24 $7812 Cost Per Week $1000 Weeks Total 20 $24,000 Skywriting We will have skywriting opening day of the Atlanta Braves season with the hashtag #EatWrightBacon which will cost $35,000. Sponsorship Wright Brand Bacon will give the Atlanta Braves $715,000 as a sponsorship Grand Total: $1,987,772 Wright Brand 30 Birmingham. Television Market BHM WBRC BHM WVTM Cable Channel Fox Sports Food Network DIY CMT AMC Cooking Channel Chiller BET GSN Hallmark HSN INSP ABC Family ESPN Classic Total Price $105 Rating 2.5 Spot 4x Weeks 24 Total 25,200 $105 2.5 4x 24 25,200 Price $61 Rating 0.7 Spot 4x Weeks 24 Total $4099 $61 0.4 4x 24 $2342 $61 $61 $61 $61 0.4 0.3 0.5 0.5 4x 4x 4x 4x 24 24 24 24 $2342 $1757 $2928 $2928 $61 $61 $61 $61 $61 $61 $61 0.3 0.3 0.2 0.3 0.3 0.4 0.6 4x 4x 4x 4x 4x 4x 4x 24 24 24 24 24 24 24 $1757 $1757 $1171 $1757 $1757 $2342 $3514 $61 0.8 4x 24 $4685 Radio 98.7 WBHK Dayparts M-F 6a-10a Price $52 Rating 2.0 $32208 M-F 10a-3p $52 1.4 M-F 6a-7p $52 1.6 M-F 3p-7p $52 1.5 Wright Brand Spot Weeks Total 31 3x 24 $5242 3x 24 $5990 3x 24 $5616 $24336 95.7 WBHJ Dayparts M-F 6a-10a Price $52 Rating 1.2 Spot 3x Weeks 24 Total $4493 M-F 10a-3p $52 1.4 3x 24 $5242 M-F 6a-7p $52 1.4 3x 24 $5242 M-F 3p-7p $52 1.4 3x 24 $5242 $20219 104.7 WZZK Dayparts M-F 6a-10a Price $52 Rating 2.8 Spot 3x Weeks 24 Total $10483 M-F 10a-3p $52 0.4 3x 24 $1498 M-F 6a-7p $52 1.2 3x 24 $4493 M-F 3p-7p $52 0.5 3x 24 $1872 $18346 Billboard Market BHM 3x 24 $7488 Cost Per Week $1575 Weeks Total 24 $37,800 Sponsorship Wright Brand Bacon will be sponsoring the Talladega race with $... Skywriting Before the Talladega race, we will have planes skywrite “#EatWrightBacon” which will cost $35,000. Grand Total: $882,909 Wright Brand 32