Objective Explore the creative service process using Stage Gate Explore the creative service process using Stage Gate Optimize procedures within Agency.

Slides:



Advertisements
Similar presentations
Building the Balanced Scorecard
Advertisements

STERN Aspects of Energy Efficiency Management CSR, Environment, Marketing, CDM potentials, Seed funds.
Henkel’s Stage-Gate Process (Portugal Division)
Planning: Processes and Techniques
PROJECT TITLE Project Leader: Team: Executive Project Sponsor (As Required): Date: Month/Day/Year 110/17/2014 V1.
New Product & Services NYU Spring 2007 Professor – David Goldsmith Amit Wellner.
© 2007 AT&T Knowledge Ventures. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. Interactive Solutions & Design Group.
New Product & Service Development Process
Intuitive Design Inc. New Product Development Progress March 25, 2006 Prepared for: Company Management Team Dave Leis.
New Product and Service Development March 2007 PB.
DEVELOPMENT OF A WEBSITE: NEW SERVICE FOR ZKYSKY  DESIGN COMPANY NYU-School of Continuing and Professional Studies X NEW PRODUCT AND SERVICE DEVELOPMENT.
JJ New Product Development at PCH. Publishers Clearing House PCH was founded in 1953 PCH’s name is synonymous with sweepstakes marketing In 1985 PCH started.
LR NYU Fall 2007 Business Operations New Product Development Process.
New Product and Service Development Children’s Cloth Company.
Strategic Planning and the Marketing Management Process
Tattletale Toy Company ®
Planning and Strategic Management
The Nature of Strategic Management
4550: Integrating Marketing Communications: Part I Professor Campbell 4/5/05.
Sensai EX Launching Campaign YK March 5th, 2005 New Products and Service Development.
New Product and Services Development
New Product and Service Development DG 10/23/05. Table of Content  Objective  Company Background  Vision, Mission & Goal  New Product Proposition.
Developing the Marketing Plan
Construction Management Practice Implications of the Theory of Construction Management.
Chapter 1 Lecturer – Shahed Rahman Integrated Marketing Communications.
ADEMYADEMY Advanced Development Executive Management Yeld Services Presentation.
1 IMC Planning Knowing the Score In IMC, a plan is similar to a musical score. The IMC plan details which marketing communications and media should be.
Introduction to marketing
Essentials of Management Chapter 4
1 2. Strategic Planning & The Marketing Process. 2 What Is Planning Establish objectives Determine how to accomplish them regardless of what happens in.
The New Product and Services Development Process By SK Winning Innovations for Tomorrow (WIT)
Dawn Pedersen Art Institute
Strategic Research Part 2: Planning and Strategy Chapter 6.
Mantova 18/10/2002 "A Roadmap to New Product Development" Supporting Innovation Through The NPD Process and the Creation of Spin-off Companies.
© 2005 Virtue Ventures LLC. Licensed under a Creative Commons Attribution-Share Alike 3.0 License Feasibility Analysis For Social Enterprise.
1-1 Strategic Planning and the Marketing Management Process Chapter 1 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights.
Ideation A GATE 1 Scoping STAGE 1 GATE 2 Build Business Case STAGE 2 GATE 3 Develop- ment STAGE 3 GATE 4 Testing & Validation STAGE 4 GATE 5 Product Team.
Strategic Planning and the Marketing Management Process.
Copyright © 2011 The McGraw-Hill Companies All Rights ReservedMcGraw-Hill/Irwin Chapter 1 Strategic Planning and the Marketing Management Process.
PROJECT TITLE Project Leader: Team: Executive Project Sponsor (As Required): Date: Month/Day/Year 6/25/2015 V2.
Chapter 1 The Nature of Strategic Management Strategic Management: Concepts & Cases 13 th Edition Fred David.
Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues Chapter 6.
New York University, Spring 2003 Developing New Product and Services Final assignment Lucia Franchi Reckitt Benckiser R&D Manager.
InverstorTech Hadas Mendes. Last Few years ? √ What was missing? - BackWeb Market analysis Product defects (bugs) Higher costs Poor Timing (and positioning.
1 Designing Effective Programs: –Introduction to Program Design Steps –Organizational Strategic Planning –Approaches and Models –Evaluation, scheduling,
PGD - LEVEL 7 Lcm - Corporate & Business Management Lecturer - Dr. Samta Rai Date – 1 st Feb, Dr. S Rai.
The Integrated Campaign
1 Chapter 19 The Integrated Campaign. 2 What is Integrated Marketing Communications (IMC)? Integrated Marketing Communications is the practice of unifying.
Formulating a Simulation Project Proposal Chapter3.
Science of Nurture 2H Session Two: Identifying Objectives and Target Audiences. Using Buyer Journeys and Personas.
PROJECT TITLE Project Leader: Team: Executive Project Sponsor (As Required): Date: Month/Day/Year 16/25/2015 V2.
Assoc. Prof. Dr. Nik Maheran Nik Muhammad, (CFP, CITM, IBBM)
Simple rules to follow when creating the business plan.
Strategic Planning and the Marketing Management Process © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management,
YuMe Online Video Analysis CREATIVE BEST PRACTICES AND MEDIA TACTICS FOR ONLINE VIDEO.
Kathy Corbiere Service Delivery and Performance Commission
1 Chapter - 2 Sales Strategies. 3 Sales and Marketing Planning To be effective, sales activities need to take place within the context of an overall.
Michael Fine 1. What is a Digital Firm?  Subjective?  Expectations vs. Success  The digital firm provides services to a client company, main company,
1 CL NPD Process Evaluation Yanyi Wang NYU Mastering New Product and Service Process Fall 2004.
A Strategy for the Business. INTRODUCTION BUSINESS VISION OBJECTIVES CHALLENGES PLANNING BUSINESS AND COMMERCIAL DEVELOPMENT STRATEGY Always Thinking.
Client/ Brand logo Copyright statement Agency logo Direct Marketing Document (A basic structure) Date Month Year Make sure the logo definition is sharp.
How we work. Our full service spans the campaign lifecycle, from briefing to delivery, and insights you can apply to drive future successes. Client brief.
Types and functions of advertising agency
INNOVATIVE DIGITAL SOLUTIONS HOW WE DO BUSINESS….
ENTREPRENEURSHIP SABIR MALIK LECTURE 07. The Marketing Plan.
Entrepreneurial Strategies. A Major Shift... From financial capital to intellectual capital – Human – Structural – Customer.
Innovation Manager SPECIFIC DUTIES AND RESPONSIBILITIES Manage new product projects from concept through commercialization. Partner with Brand Teams to.
Week 6 Innovation Process
Measuring and Managing ROI
Chapter 7 Differentiate between objectives, strategies, and tactics in strategic planning Identify the basic steps in an advertising plan Explain how account.
Presentation transcript:

Objective Explore the creative service process using Stage Gate Explore the creative service process using Stage Gate Optimize procedures within Agency in order to achieve more relevant content generation Optimize procedures within Agency in order to achieve more relevant content generation

Agenda Mission, goals and definitions Mission, goals and definitions Challenges and Success factors Challenges and Success factors Questions from the outset Questions from the outset Principles of Information Gathering Principles of Information Gathering Stage Gate Process Stage Gate Process

Mission To enhance the creative partnership between agencies and clients in the area of integrated marketing and communications

What is meant by… Agency: A fully integrated service organization that contracts with businesses to manage their marketing needs such as design, Marketing and technology. Marketing campaign: go-to-market strategy the client and agency undertake to achieve awareness of a product or service

Questions from the Outset What does the campaign want to What does the campaign want to achieve Why are we choosing a specific route to reach our objective Why are we choosing a specific route to reach our objective How does this method lead us to accomplishing the objective How does this method lead us to accomplishing the objective When will this campaign take please When will this campaign take please Where will the campaign/Plan take place Where will the campaign/Plan take place

Agency Challenges in the Creative Process Many Agencies are all things to all people Spend time planning but deliver poorly on execution Discovery phase either science or art. Little have right balance Past similar campaigns lead to inappropriate comparisons Little Homework about context Moving from Stages too fast Subjective data utilization No cross functional team Little integration between department on a procedural level Lack of understanding of merits of new media, “is like former media, only online. Aim of agency is to ‘milk the cow’, not produce best practice

Success Factor to Campaign Planning and Execution Avoid Me/too Product by not relying too much on what has been done Relevant customer messaging Strong customer orientation through advanced digital techniques Senior management Involvement throughout Stage/Gate Flawless execution Well defined message-to- product techniques continuous Intelligence gathering internal/external stages of campaign Media has no borders, content relevant to international audience Leverage core competencies from and build on them throughout campaign Funnel process with, speed, accuracy, completeness, consistency Appropriate, cross functional teams at play with strict GO/Kill filter points

Successful Outcome competitive advantage competitive advantageIdeas Outstanding and relevant ideas ideas Quality of Execution Customer voice Market intelligence Overriding Principles of Information Gathering Focus, Prioritize Discovery, What has worked In the past

Stage Gate Process

Brief Specs Plan execution And evaluation Feasibility Scoping The B-case Externals Gate Measurement matrix Of Evaluations Gate Ideation and discovery in campaign possibilities Go/Kill test in line with business case, budget, objectives Begin implementing cross departmental strategy supporting B-case Cross departmental strategy, assembly material and external coordination with 3 rd Parties Sound barrier Texturized launch, print, broadcast and radio Funneling Ideas Go/Kill Internal Go/Kill External

MediaMessageContext Technical focus Vertical Focus Audience and Geo Location Campaign Print, Broadcast etc..What are we sayingContext we are in Conceptual Framework

Stage 1-2 Brief Specs and Feasibility Silo Approach Information Gathering Integrated Intelligence Gathering Brainstorming/Ideation Internet Search Focus/ Groups h Library Search Concept Test User Test Market Opporunity Searches Concept Testing Market Opportunity Brainstorming Team Team Manager Cross Functional Project Manager Management Debrief Set against guidelines Strategic Alignment

Gate 1 Would the ideas at stake fit the client’s needs Would the ideas at stake fit the client’s needs Would you have the resources required to undertake this venture Would you have the resources required to undertake this venture Would the proposed ideas differentiate from what is currently in the market Would the proposed ideas differentiate from what is currently in the market Would current market trends and intelligence suggest this type of take is appropriate Would current market trends and intelligence suggest this type of take is appropriate Would Alphas and Beta show good prospects Would Alphas and Beta show good prospects No MUST Criteria No MUST Criteria Sound barrier Go/Kill Internal Would Stage

The Relevant Business case The Business case Collage Stage 3: B-Case Media Relations PR Marketing Finance Operations Production Direct Marcom Promotion Make it Happen Account Management

Stage 3: Business Case Synthesized concept and business approach Coherent marketing and consumer relation Implementation of Value-add idea Realistic cost analysis Clear Business definition of campaign benefits, attributes Marketing Plan mirroring the Business plan Working backwards to fit existing assets into a Business Case. Arbitrary set of criteria which the board look at for evaluating B-case Because of Collage system, each silo department is off message. No clear vision of financials Incoherent business and Marketing plan Critical Stage

B-Case B-Case Do we move from a Business college to a thorough proposition Do we effectively gather all analysis and decide if the product addresses consumer needs We think, we want but DO are the ideas Competitive and Attractive Do we have feasible technical and financial feasibility. Do we have a unique proposition to our key audiences Do we have a viable campaign execution potential Do we have any legal variables which must be taken into consideration (Brand specs)- limiting Do we have enough customer feedback of likelihood of success Do we have all spheres of the campaign in sync if moving forward Do the ideas put forth add to the bottom-line Must Meet criteria DOES the campaign have a long term sustainable competitive advantage Does the campaign yield an. immediate increase in sales. Sound barrier Go/Kill Internal Does Stage

Stage 4 Externalize Go-to-market Bookings Promotions Online Radio Broadcast Print Go-to-market Bookings Promotions Online Radio Broadcast Print

Externalize Parallel and integrated marketing operations Extend working model to engage with Third parties Work on harmonizing Alpha and Beta and in house tests with External entities such as TV station, Radio etc.. Intelligence gathering from external entities before launch (market attractiveness, definitions etc.) Financial realities kick in and adjustments Integrate launch plans Booking all the media space Is the targeted media briefed on Dates/Times Account teams up to speed on all steps of externalization process Gathering preliminary findings of market response though Third

Gate 1 Must Meet criteria to move on to Execution Does the plan properly integrated all medium (with 3 rd parties) Have the spots been produced according to brand standings Are all Betas signed off by all concerned departments Is the developed campaign consistent with original definitions Sound barrier Go/Kill External

Stage 5: Plan Execution and Launch Coherently acting out the overall marketing plan Acting out all planned activities internally as well as externally Run final details and amendments by client Market monitoring till the days of launch Irrelevant Gate 4, 3, 2, 1, All floodgates open door to full launch campaign and Implementation of marketing launch plan ‘The rabbit is out of the hat’

Stage 6 and Post launch review Review costs Review costs Review profits Review profits Review strengths Review strengths Review weaknesses Review weaknesses Review what learned Review what learned

Thank You