Author Archives: Jessica Turek

My name is Jessica Turek and I am an intern with Integrity Investments, a financial services company that sells mutual funds. I have been asked to research a publicly traded company in the education industry to assess it's growth prospects over the next five years, in order to help Integrity Investments find a set of companies to include in our primary stock mutual fund, The Columbus Fund.

Is It "Your Turn" to Buy a Jaguar?

CALLING ALL YOUNG, UPSCALE BUYERS!

Have you heard of Jaguar’s latest sports car campaign? According to their latest and greatest vehicle, if you are young and have an active lifestyle then this car is the one for you.

According to Brand Channel, Jaguar has been recently trying to compete with their largest competition of Porsche, who consumers also identify as a “legendary” vehicle through its appearances in classic films such as the James Bond Series. In order to overcome their high competition, Jaguar is releasing their newest advertising campaign of its all-new F-Type sports car.

“DISCOVERING A LEGEND FOR YOUR LIFETIME”

So let’s actually talk about the F-Type. What is so attractive about this new car? Well, as featured in the commercial, one can see a group of attractive young people standing in line to have their chance at driving this foreign automobile. One lucky guy stand at the front of line anticipating his opportunity to sit behind the wheel. As he looks at the car, San Francisco 49ers quarterback Colin Kaepernick into the commercial where he throws his keys at the guy first in line and says, “it’s your turn”. What is important to note is the line that follows soon after that of the voice over that says “it’s your turn to discover a legend for your lifetime”. Check out the commercial below:

REELING ‘EM IN

Not only is Jaguar trying to play the “bad boy vibe” in an effort to emphasize its front-engine and ear-wheel drive features, but it is trying to again, appeal to the younger generation of consumers by reeling them in with the legend factor. It is making consumers realize that they can afford a car which carries a brand that has been recognizable for decades, having a luxurious reputation, when the price point is a low $69,000. Not bad!

Rob Filipovic, general manager of product planning for Jaguar North America, put the brand’s advertising campaign perfectly: “it has a storied history. It’s more about reconnecting with the performance and design attributes that Jaguar used to stand for, and bringing them to the forefront for a new generation that isn’t necessarily familiar with our brands or cars”.

So what do you think? Once us college grads step into the real world, get a full-time job, and start making the money, would you take “your turn”in the Jaguar F-Type?

Works Cited

http://www.brandchannel.com/home/post/2013/05/13/Jaguar-Campaign-051313.aspx

http://media.dexigner.com/article/22928/Jaguar_F_Type_03.jpg

https://cdx.dexigner.com/article/22928/Jaguar_F_Type_04_thumb.jpg

http://www.youtube.com/watch?v=BMZ-7kGu6Sk

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Tweet! Tweet! The Sound of Positivity

POSITIVE TWEETS DRIVE SALES

After having a delightful visit from Joy Cook, a PR knowledgist, in my Integrated Marketing Communications class, I stumbled across this article on www.marketingmagazine.com.uk about a recent study done by Deloitte, which I found related to Joy Cook’s insightful information about how to create buzz for your brand and the importance of Twitter.

So what did Deloitte find?

According to this Deloitte study, not only does the act of tweeting generate word-of-mouth effects which impact consumer demand, the act of creating positive tweets about a brand directly drive sales. Wow!

The study demonstrated that “a 30 percent increase in positive tweets is four times more effective in driving sales than a 30 percent increase in traditional above-the-line advertising”. More specifically, positive tweets had the most significant effect on sports games.

Gordon MacMillan, author of Marketing Magazine’s article “Twitter does drive sales says Deloitte study”, says the positive tweet effect is best seen through the launch of EA’s “Fifa 13” football title. With the overall goal of driving people to the game to buy packs, EA revolves it’s brand strategy around a single strategy of positivity. For example, community manager Alistair Reid of EA, described it’s “matches as marketing” strategy: “connecting their social media strategy to live events such as sporting events and TV shows”. EA does this by planning way in advance for matches such as Manchester CIty and Manchester United derby. According to Reid, “this allows EA to build the relationship between the fan and the game, and in turn drive engagement and sales through Twitter”. Through this positive tweet strategy,  EA generated more than 500,000 mentions and 29 percent engagement rates.

WHAT DO I THINK?

 I honestly think this strategy is brilliant. Considering there is so much negativity in the world, I think by spreading more positivity throughout the social media world is something that would be good for our generation when we have so much access to information about tragedy upon tragedy. I also have experienced being more engaged in positive tweets, especially within sports. As a huge Carolina Hurricanes hockey fan, I always tweet, retweet, and tweet @ the Carolina Hurricanes’ Twitter account because most of their tweets are motivational for their team or about strengths of players on the team.

I discovered that it’s not just sports though, despite the statistics. Apparently Burberry sent personalized thank you tweets to all of those who streamed London Fashion Week. Again, something positive and something that is engaging customers with a brand.

Works Cited

http://www.marketingmagazine.co.uk/article/1179092/Twitter-does-drive-sales-says-Deloitte-study

http://dawncompk.files.wordpress.com/2012/05/twitter-file-670.jpg?w=670&h=350

 https://tech-ticks.info/wp-content/uploads/2012/08/EA-Sports-FIFA-13.jpg
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Inbound Marketing: The Key to a Successful Business

INBOUND MARKETING
Inbound marketing. What exactly is it? Well, according to David Meerman Scott, it is changing the game in the marketing arena. Coined by Seth Godin, a marketing guru, inbound marketing is “advertising a company through blogs, podcasts, video eBooks, enewsletters, whitepapers, SEO, social media marketing and other forms of content marketing”. Instead of buying attention through cold-calling, direct paper mail, radio, TV advertisements, sales flyers, and e-mail marketing, David Meerman Scott says that inbound marketers earn the attention of customers instead of “buy [ing], begg[ing], or bugg[ing] their way in” through these inbound sources, which brings me to his book The New Rules of Marketing & PR.

OLD TO NEW
David Meerman Scott’s The New Rules of Marketing & PR truly defines this emergence of how powerful inbound marketing is. To sum up this shift from outbound to inbound marketing, Scott puts it perfectly in his book about how the web is changing things:
Prior to the web, organizations had only two significant choices to attract attention: Buy expensive advertising or get third-party ink from the media. But the web has changed the rules. The web is not TV. Organizations that understand the New Rules of Marketing and PR develop relationships directly with consumers like you and me” (821).
And that is exactly it: inbound marketing makes targeting specific buyers with individualized messages simpler. The old paradigms of traditional outbound marketing are the nontargeted advertising via newspapers, magazines, television and direct mail, which makes targeting extremely difficult. Scott says today, because every business and company has developed individualized niches, “traditional advertising is generally so wide and broad that it is ineffective”, while “the web has opened a tremendous opportunity to reach niche buyers directly with targeted information that costs a fraction of what big-budget advertising costs” (848).
A WHOLE NEW WORLD
Scott’s book does not stop there. In case you have not heard, David Meerman Scott also has a website www.webinknow.com. An article in which I believe captures the essence of someone recognizing the importance of inbound marketing from outbound marketing is CMO Brian Kardon of Lattice Engines. 
In this article, “The Journey from a Traditional Marketing Executive to a Modern CEO”, Kardon tells Scott about how he realized that it’s not about the arts and crafts of caring about brochures, direct mail, or the color on your website as he did before. Kardon realized that the world has gone digital, social, and mobile, where he and his company had to learn a completely new language of conversion rates, pay per click, search engine optimization, and authoritative inbound links. As he simply states, “it’s a whole new world”.
AMAZON

A brand which I believe really recognizes that the world is a completely new place as it used to be as Kardon said, is Amazon. Something I really thought was significant in his book was his section how “Tell Me Something I Don’t Know, Please”. According to Scott, there are two ways in which people interact with web content on a broad level: they search and they browse because people want a site to tell them something they didn’t think to ask (1068).
Amazon understands this. Scott gives a perfect example about when he or people search for books on Amazon. If he searches “surfing for beginners”, he has over 100 title in the search results, which gives him the opportunity to browse as well as see customer ratings on each book. According to Scott, “the marketers at Amazon understand that when people browse the site, they may have a general idea of what they want but not the particular title…the site is designed to work for a major and often-ignored audience: people who do their own research and consider a decision over a period of time before making a commitment”. This is also seen through the e-mails Amazon sends its customers weeks or months later suggesting another book in which the customer may find useful. Brilliant (1094).
Works Cited
http://www.webinknow.com/2013/04/the-journey-from-a-traditional-marketing-executive-to-a-modern-cmo.html
Scott, David Meerman (2011). New Rules of Marketing & PR: How to Use Social Media, Online Video, Mobile Applications, Blog, New Releases, and Viral Marketing to Reach Buyers Directly. John Wiley & Sons, Inc. Hoboken, NJ. 

http://www.lattice-engines.com/images/sized/uploads/about/images/brian-514×558.jpg

http://www.nchannel.com/wp-content/uploads/2012/07/amazon-logo.jpg

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Apple "Rings" in a New TV

IF YOU LIKE IT THEN YOU SHOULDA PUT A RING ON IT

Have you heard about the newest TV Apple is about to launch? No, it has nothing to do with Beyoncé despite my “clever” blog title to this post, but it is just as cool as her catchy Single Ladies song. 
According to analyst Brian White from Topeka Capital Markets, Apple is rumored to launch a new TV set at the end of 2013 with a new and advanced interface. And no, I’m not talking about Apple’s rumored iWatch that has been taking the media by storm, I’m talking about Apple’s iRing.
Yes, you read correctly: iRing.
Topeka Capital Markets is reporting that Apple suppliers are coming out with a control interface of a new TV that will have an “iRing” accessory. A Fast Company article states that the accessory is supposed to “allow the TV set to map the movements of the viewer’s hands as they make control gestures in the air”. Woah.
That’s not just all.
This revitalized iTV will also share content to a mini TV screen that happens to be the same size as an iPad screen. Are you kidding me? It will also be able to make phone calls, video calls, and perform security tasks, essentially performing the mobile tech components you find on an iPad. It also is being rumored that the iWatch will be able to tie into the same interface system as the iRing. Wow!
I believe this is a smart move on behalf of Apple because they are maintaining what makes Apple unique into another new and innovative product: the Apple experience – being able to have multi-functionality across various platforms of technology. Brilliant.
The cost of the iTV package featuring this unique addition of the iRing is talked to be around $1500 to $2500, depending on the number of secondary screens desired. In my opinion, I believe this is a sufficient price point for such an advanced TV. 
What do you think?
I conclude this post with Beyonce’s “Single Ladies (Put a Ring on It)” song from Saturday Night Live, of course. Enjoy:
Works Cited
http://www.fastcompany.com/3007802/tech-forecast/apple-television-rumors-have-new-ring
https://ggsoku.com/wp-content/uploads/iring-130403.jpg
http://www.youtube.com/watch?v=AfWmpF42yrM

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The Ingredients to Marketing a Nonprofit Organization

RECIPE FOR SUCCESSFUL NONPROFIT MARKETINGMarketing. We utilize it in every aspect of the business world when it comes to branding a corporation or spreading awareness about a certain business organization. However, when it comes to marketing a nonprofi… Continue Reading

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The Future of the Fashion Show

TOP OF THE LINE SHOPPING: TOPSHOP’S DIGITAL FASHION SHOW

Fashion Week – the week in which every girl wishes they could have that front row seat to watch extravagent models make their grand entrance down the cat walk in all the brands we dream of wearing or pin on our Pinterest boards.

But what if I told you that it was possible to have not only your very own front row seat to Fashion Week but also the opportunity to buy, on the spot, everything you see come down the runway?

Meet Justin Cooke, the Chief Marketing Officer of Topshop, one of the most popular British fashion brands in the world, where not only average day consumers wear it for it’s comfortable price point, but celebrities are even crazy about Topshop.

Justin Cooke: CMO of Topshop

 
Justin Cooke has caused Topshop to be one of the most innovative fashion retail brands on the market, especially this month, due to the introduction of “The Future of the Fashion Show”, a digitally run fashion show. I read about this digital experience on Ad Age and found it very compelling and extremely creative, something that I believe all fashion retail brands should incorporate into their company if they want to get their consumers engaged with their brand. The event proved to be a huge success, drawing in 2.1 million viewers from 100 countries. Wow!

Through partnerning with Google, Topshop has created a multiplatform experience where these 2.1 million viewers watched London’s Fashion Week from different points of view, whether it was the view of the model on the runway or as Ad Age writer pointed out, or through the view of the handbag being held by the model on the runway. Wow.

KNOWING THE TOPSHOP CONSUMER

Topshop has had everything going for them – celebrities wear the brand, consumers love the brand, and sales have been phenomenal. But Cooke seems to want to push the envelope with knowing this beheavior, which I believe is extremely smart especially in a market where there are many strong competitors – “all we need to do is scale that behavior because it’s not a global brand by proxy of the fact that we don’t have the stores. So the biggest opportunity is how do we take it to a wider audience? Digital becomes key to that”.

Topshop seems to know their consumer through and through, especially what drives their behavior: digital. Cooke says that Topshop knows that their consumers are digitally inclined, where they are constantly on their mobile phones and taking pictures of products through the use of QR codes. With this consumer insight, it makes sense that Topshop wants to create a digital fashion show, simply because that is what their customers want. As Cooke says, the digital fashion show is “digital dynamite” because of the sole reason that the Topshop customer is engaged in what drives them in their every day lifestyle: “this is digital dynamite because you’ve got these kids that are super-engaged. You’re bringing innovation in product, in experience, so it should be exactly the same in our communications”. Brilliant.

Cooke is right – this is digital dynamite because it is getting that customer interaction, which is the main support and huge driver to producing sales within a brand. This goes back to what Don Schultz, author of Creating Customer and Market Value was saying: value is in the eye of the beholder, where the customer is the determining factor to what value the product or services offers to an individual.

As a consumer of Topshop, I see huge value in this brand. There is value in the fact that I can change characteristics on the models and purchase what I see on the spot through this digital fashion show. It allows the consumers to have fun with being engaged with the brand, and that my friends, is what drives a successful brand.

Works Cited

http://adage.com/article/cmo-interviews/topshop-raises-digital-bar-fashion-world/240100/

Schultz, Don; Heidi Schultz (2004). “Creating Customer and Marketplace Value”. IMC: The Next Generation. New York: McGraw Hill, p. 115-123, 131.

http://www.davidtett.com/wp-content/uploads/2012/12/Topshop-1-599×398.jpg

 https://fashionandmash.files.wordpress.com/2013/02/topshop2.jpg?w=810

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Looking into the Future: Google Glass

GLASS, TELL ME ABOUT GOOGLE GLASS

Have you heard about the latest phenomenon, Google Glass? Well, if you haven’t, I am about to blow your mind.



Google Glass Head-set

Set to launch at the end of 2013, Google will release Google Glass, augmented-reality wearable glasses where you will be able to essentially do anything: surf the web, record a video, take a picture, skype with a loved one, see the weather, etc. all in front of your eyes for you to literally, not figuratively, look at. To sum it up very simply, anything you could ever think of that would be able to do on a smartphone will be converted into this super-technology savvy headset by just simply asking “Glass” to perform a certain function just as you would with Siri on Apple’s iPhone. Here is a very well-crafted and self-explanatory video of what Google Glass would entail created by Google themselves. My jaw seriously kept dropping further and further into the video because I could not get over that this may be the future of mobile phones or, better yet, technology in general:

http://www.google.com/glass/start/how-it-feels/

Here are also some pictures I got off of Fast Company to help you get a better idea of what Google Glass is about:



Reading Music
Sending a Picture
Traveling through the Airport

Every media, advertising, and technology news website as well as companies that believe they would benefit from this product has gone bonkers over these innovative glasses. Just to name a few:

Warby Parker, the most recently hyped fashion glasses company is looking into helping Google design fashionable versions of this headset for consumers to wear.

Jet Blue, one of the most popular airlines and known for clever advertising campaigns such as it’s 2012 “Election Protection”, supports this product and says that it would allow consumers an easier way of accessing the most up-to-date information regarding gate and departure times as well as baggage claim information

Agency Republic, a marketing agency in London, says that these glasses will help with 911 calls for people who may be at the scene of a medical situation or an investigation.

Talk about a purple cow….

But of course, there is a catch.

PRICE MAY SHATTER GOOGLE GLASS

Although this product is predicted to be the most popular and sought-after product of the 2013 holiday season, the price may be a problem for Google considering the price of these glasses are predicted to be around $1500, a very big chunk to your holiday budget if you ask me.

So will this product sell at that price point? Well, one could argue that people are loyal customers to Apple, who sells $1500+ laptops as well as has the most expensive tablets on the market and even with all of these expensive aspects, Apple is still popular.

However, in my opinion, I think this product will have trouble in the market because I simply do not think the timing and price are right. I believe that timing is everything, especially for the launch of a product like this that no one has ever experienced before. I believe that this product would be a very popular and sought-out product maybe in 2020 and not 2014. I think people are still adjusting to their smartphones and are comfortable with it – they have Siri to tell them what they want to see or hear. I could be completely wrong but I think Google should hold off a couple of years before launching this product.

However, because they are predicted to launch this product this year, they need to lower the price. I think that because this is such an over-the-top product that no one has ever seen before, it must be priced way lower than $1500. I believe people will be more inclined to purchase something that they feel comfortable with because it is familiar – this is a foreign concept, especially to someone like me who is pretty tech savvy. People are willing to spend $500+ on an Apple iPad because it is just a bigger version of their smartphone or their iPod that they are completely comfortable and familiar with. Google Glass is a product completely by itself – a ginormous purple cow.

What do you think?

Works Cited

http://www.fastcompany.com/3006477/if-we-had-glass-what-wouldnt-we-do

http://news.cnet.com/8301-17938_105-57570779-1/confirmed-google-glass-arrives-in-2013-and-under-$1500/

https://www.fastcompany.com/multisite_files/fastcompany/imagecache/inline-large/inline/2013/03/3006477-inline-jetblueglassinline.jpg

https://www.fastcompany.com/multisite_files/fastcompany/imagecache/inline-large/inline/2013/03/3006477-inline-signlanguageglassinline.jpg

https://www.fastcompany.com/multisite_files/fastcompany/imagecache/inline-large/inline/2013/03/3006477-inline-guitarglassinline.jpg
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Some Things Just Never Change

STILL IN A TIME WARPAfter reading the article, “The Courage to Advertise Without Female Stereotypes”, on AdWeek this morning about how Target, Huggies, and Tide have done a great job at not maintaing offensive female stereotypes in their latest adverti… Continue Reading

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Heartache to Hope: ABAN

ABAN: THE FABRIC OF CHANGEI’m really excited to talk about a really great cause I am learning about in my Integrated Marketing Communications class: ABAN, also known as, “A Ban Against Neglect”. For those who don’t know what ABAN is, it is a non-profit… Continue Reading

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Branding a Miracle

CHILDREN’S MIRACLE NETWORKIt takes a lot to be motivated to dedicate a lot of your precious time and money in supporting a cause. When asking my friends about a not-for-profit organization or social cause in which they support, I did not think it was s… Continue Reading

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