1 / 7

The Times 100 Business Case Studies

The Times 100 Business Case Studies. Using promotion to position a brand Hi-Tec. Introduction to Hi-Tec. A privately-owned British company founded in 1974 promoted as an outdoor brand associated with a leisure lifestyle Hi-Tec’s marketing strategy aims to:

broderick
Télécharger la présentation

The Times 100 Business Case Studies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Times 100 Business Case Studies Using promotion to position a brand Hi-Tec

  2. Introduction to Hi-Tec • A privately-owned British company founded in 1974 • promoted as an outdoor brand associated with a leisure lifestyle • Hi-Tec’s marketing strategy aims to: • introduce a new brand category to the market • make people excited about the technology in its footwear • gain maximum exposure for Hi-Tec with measurable numbers • create a sense of ‘cool’ about the brand

  3. The marketing mix Key factors in the marketing mix for Hi-Tec include: • product – innovative footwear that provides high performance • price – sold at value-for-money prices • place – sold online or through premium retailers • promotion – a mix of targeted promotional channels and methods to achieve market penetration and increased sales.

  4. AIDA model • AIDA explains the stages that consumers go through before making a purchase: A –customers are made aware of the products I – awareness then stimulates their interest D – they develop a desire for the products A – customers then take action by making a purchase • Hi-Tec takes the ‘action’ stage further as it wants customers to become loyal to the brand

  5. Above-the-line promotion • Above-the-line promotion is based on paid-for advertising in mass media • Hi-Tec’s above-the-line activities include: • television advertisements during sports programmes to attract relevant viewers • press advertisements in trade or consumer publications • banner advertising on selected websites • billboards at sports events

  6. Below-the-line promotion • Below-the line promotion uses methods other than traditional advertising channels. • Hi-Tec uses the following below-the-line promotion channels: • partnerships with the UK’s National Trust (to promote a new walking boot) • product endorsements/sponsorships with well-known athletes • direct mail • public relations • sales promotions

  7. Viral marketing • Hi-Tec’s Liquid Mountaineering campaign: • released a video on YouTube of men apparently running on water • did not mention the brand directly in the video • over 7.5 million views on YouTube – and increasing • featured heavily in newspapers and TV (including Rude Tube) • boosted awareness and reinforced the ‘fun’ element of the Hi-Tec brand

More Related