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© 2011 GameChanger Products LLC All rights reserved. 1 MONEYBALL MARKETING PRESENTED BY LARRY POPELKA.

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Presentation on theme: "© 2011 GameChanger Products LLC All rights reserved. 1 MONEYBALL MARKETING PRESENTED BY LARRY POPELKA."— Presentation transcript:

1 © 2011 GameChanger Products LLC All rights reserved. 1 MONEYBALL MARKETING PRESENTED BY LARRY POPELKA

2 © 2011 GameChanger Products LLC All rights reserved. 2 RECORD HIGH AD SPEND

3 © 2011 GameChanger Products LLC All rights reserved. 3 SHOW ME THE MONEY Cost of Advertising on TV 4X since 1980 in Inflation Adjusted $$

4 © 2011 GameChanger Products LLC All rights reserved. 4 NEW APPROACH FOR WINNING THE AD GAME

5 © 2011 GameChanger Products LLC All rights reserved. 5 NEW APPROACH FOR WINNING THE AD GAME …MONEYBALL MARKETING

6 © 2011 GameChanger Products LLC All rights reserved. 6 MARKETING FACTS ≠

7 © 2011 GameChanger Products LLC All rights reserved. 7 COMPANIES THAT BEAT BIG SPENDERS

8 © 2011 GameChanger Products LLC All rights reserved. 8 MONEY ≠ SUCCESS 2002 Major League Baseball Season Oakland A’s 2002 Payroll$41 Million 28 th out of 30 Teams (NY Yankees = $125 Million) Record103-59 Most wins any team Record 20 Game Win Streak

9 © 2011 GameChanger Products LLC All rights reserved. 9 SHOW ME THE MONEY Jason Giambi $120 Million Johnny Damon $31 Million Jason Isringhausen $27 Million

10 © 2011 GameChanger Products LLC All rights reserved. 10 NEW UNDER-VALUED SOLUTIONS Scott Hatteberg $950K David Justice $3.5 Mil Chad Bradford $235K

11 © 2011 GameChanger Products LLC All rights reserved. 11 NEW UNDER-VALUED AD SOLUTIONS Events/ Sampling Street teams Online and social media

12 © 2011 GameChanger Products LLC All rights reserved. 12 YOUR NEXT MARKETING MEETING

13 © 2011 GameChanger Products LLC All rights reserved. 13

14 © 2011 GameChanger Products LLC All rights reserved. 14 WHAT’S YOUR OBJECTIVE? Sell Product = Get on Base

15 © 2011 GameChanger Products LLC All rights reserved. 15 THE AD WORLD IS FULL OF DISTRACTIONS Build Awareness Build Brand Equity Trial Rate GRPs Ad Designs Reach & Frequency ASI Tests Share of Voice

16 © 2011 GameChanger Products LLC All rights reserved. 16 THE AD WORLD IS FULL OF DISTRACTIONS Build Awareness Build Brand Equity Trial Rate GRPs Ad Designs Reach & Frequency ASI Tests Share of Voice There is only one thing that matters: Sell more product!

17 © 2011 GameChanger Products LLC All rights reserved. 17 THE SOLUTION… NEW METRICS

18 © 2011 GameChanger Products LLC All rights reserved. 18 OLD METRICS Batting Average Home Runs Stolen Bases Strike Outs

19 © 2011 GameChanger Products LLC All rights reserved. 19 OLD NEW METRICS Batting Average Home Runs Stolen Bases Strike Outs On Base Percentage WHIP OPS

20 © 2011 GameChanger Products LLC All rights reserved. 20 OLD AD METRICS GRPs Frequency Reach CPM

21 © 2011 GameChanger Products LLC All rights reserved. 21 OLD NEW AD METRICS GRPs Frequency Reach CPM Cost Per Conversion Retention Rate Revenue per Consumer

22 © 2011 GameChanger Products LLC All rights reserved. 22 EXAMPLES

23 © 2011 GameChanger Products LLC All rights reserved. 23 BLOCKBUSTER VS. NETFLIX 1998 $180 Mil/ Yr. Marketing Spending $4 Mil/ Yr. Marketing Spending

24 © 2011 GameChanger Products LLC All rights reserved. 24 BLOCKBUSTER Blockbuster “Total Access” – “Carl and Ray” Superbowl Ad Metric = “High Awareness”

25 © 2011 GameChanger Products LLC All rights reserved. 25 NETFLIX Online Ads + Postcards in New DVD Players Cost per Conversion = $37.16

26 © 2011 GameChanger Products LLC All rights reserved. 26 RESULT

27 © 2011 GameChanger Products LLC All rights reserved. 27 RESULT

28 © 2011 GameChanger Products LLC All rights reserved. 28 VITAMIN WATER VS. COKE $2.9 Billion Ad Budget$2 Million Marketing Budget

29 © 2011 GameChanger Products LLC All rights reserved. 29 COCA-COLA ADVERTISING

30 © 2011 GameChanger Products LLC All rights reserved. 30 VITAMIN WATER MARKETING Sampling + Celebrities = Efficient Conversion

31 © 2011 GameChanger Products LLC All rights reserved. 31 RESULT Coke buys Vitaminwater for $4.2 Bil = 10% of Coke’s Market Cap

32 © 2011 GameChanger Products LLC All rights reserved. 32 PURINA VS. NUTRO DOG FOOD Purina $140 Million Ad Budget Nutro $5 Million Marketing Budget

33 © 2011 GameChanger Products LLC All rights reserved. 33 PURINA Traditional TV and Print Advertising

34 © 2011 GameChanger Products LLC All rights reserved. 34 NUTRO Nutro “Pet Nutritionists” in Pet Stores Payout conversion rates

35 © 2011 GameChanger Products LLC All rights reserved. 35 RESULTS Nutro: #1 Ultra-Premium Brand - $350 Million Revenue Acquired by Mars 2007

36 © 2011 GameChanger Products LLC All rights reserved. 36 HOW TO BE A MONEYBALL MARKETER

37 © 2011 GameChanger Products LLC All rights reserved. 37 3 STEP PROGRAM 1. Find Potential Under-valued Opportunities

38 © 2011 GameChanger Products LLC All rights reserved. 38 3 STEP PROGRAM 1.Find Potential Under-valued Opportunities 2.Test and Measure

39 © 2011 GameChanger Products LLC All rights reserved. 39 3 STEP PROGRAM 1.Find Potential Under-valued Opportunities 2.Test and Measure 3.Select, Modify, Expand

40 © 2011 GameChanger Products LLC All rights reserved. 40 CASE STUDY BRITA Year 1990 Size <$2 Million Situation: Business unprofitable Fold the business?

41 © 2011 GameChanger Products LLC All rights reserved. 41 FINDING UNDERVALUED MARKETING 1.Find the “Fanatics” 2.What motivates them to buy? 3.How and where can we reach them ?

42 © 2011 GameChanger Products LLC All rights reserved. 42 TESTING MARKETING 1.Location/ Aperture 2.Find the “Hook” – What drives interest 3.Refine the costs and message

43 © 2011 GameChanger Products LLC All rights reserved. 43 T.E.D.I. MARKETING T = Targeted E = Engaging D = Dramatic I = Immediate

44 © 2011 GameChanger Products LLC All rights reserved. 44 RESULT $200 Million Brand in 5 years

45 © 2011 GameChanger Products LLC All rights reserved. 45 KEY METRICS

46 © 2011 GameChanger Products LLC All rights reserved. 46 KEY METRICS 1. Cost per Conversion Oxi-Clean built to $200 Mil brand with efficient conversion.

47 © 2011 GameChanger Products LLC All rights reserved. 47 KEY METRICS 1.Cost per Conversion 2.Retention Rate ProActiv Solution grows to $800 Mil brand with effective retention.

48 © 2011 GameChanger Products LLC All rights reserved. 48 KEY METRICS 1.Cost per Conversion 2.Retention Rate 3.Revenue per Consumer Burt’s Bees grows to $150 million behind high revenue per consumer.

49 © 2011 GameChanger Products LLC All rights reserved. 49 MONEYBALL MARKETING 10 KEYS TO SUCCESS

50 © 2011 GameChanger Products LLC All rights reserved. 50 1. FIND THE FANATICS Meguiar’s car care – target enthusiasts to amplify your effort.

51 © 2011 GameChanger Products LLC All rights reserved. 51 2. START WITH REAL CONSUMER INSIGHTS Find what consumers really want and meet their needs.

52 © 2011 GameChanger Products LLC All rights reserved. 52 3. FIND THE APERTURE Target consumers when they are ready to buy your product.

53 © 2011 GameChanger Products LLC All rights reserved. 53 4. BE HELPFUL. DON’T WASTE PEOPLE’S TIME Engage your consumer – don’t force them to watch something boring.

54 © 2011 GameChanger Products LLC All rights reserved. 54 5. RETENTION: CREATE A “WOW” In-N-Out Burger: Experience that delights and builds repeat.

55 © 2011 GameChanger Products LLC All rights reserved. 55 6. MEASURE REAL SALES DATA Measure real purchases – research studies can mislead.

56 © 2011 GameChanger Products LLC All rights reserved. 56 7. MORE SWINGS AT THE PLATE Test more different concepts (more swings) – for more home runs.

57 © 2011 GameChanger Products LLC All rights reserved. 57 8. INVEST LIKE A SHARK Zero-based budgeting for marketing

58 © 2011 GameChanger Products LLC All rights reserved. 58 9. BEWARE OF DINOSAURS Traditional marketers who may not support your plan.

59 © 2011 GameChanger Products LLC All rights reserved. 59 10. FEED YOUR SUCCESSES As you gain success, expand the vision and growth plan.

60 © 2011 GameChanger Products LLC All rights reserved. 60 WHAT’S YOUR GOAL?

61 © 2011 GameChanger Products LLC All rights reserved. 61 GAMECHANGER RETAIL LAB Example: Torani Coffee Flavorings Test marketing approaches and measure sales response.

62 © 2011 GameChanger Products LLC All rights reserved. 62 LARRY POPELKA, CEO GAMECHANGER LARRY@GAMECHANGER.NET FREE BOOK ( GET YOUR COUPON TODAY)


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