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Defining our Audience

Defining our Audience. “In order to develop effective marketing strategies, you must first understand the environment” - Marketing: An Introduction. Our Target Audience. Millennials. Generation-X ( 49 million ) < Millennials ( 83 million ).

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Defining our Audience

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  1. Defining our Audience “In order to develop effective marketing strategies, you must first understand the environment” - Marketing: An Introduction

  2. Our Target Audience

  3. Millennials • Generation-X (49 million) < Millennials(83 million) • Millennials have more social media connections than any other generation - Pew Research • 81% of Millennials are on Facebook, and they have more connections than older age groups • The top reason Millennialslike, follow, or pin is to support a brand. • Millennials will trust their social network most when deciding how to invest their time and money.

  4. Generation - • the second age-group to follow social media trends • They are tech savvy and focus on entertainment. • They tend to be less receptive to overt marketing pitches. • They are Facebook, Twitter and hashtag savvy.

  5. Strategies • Grassroots campaigns and sponsorship of major social events • Create news for university, local and global newspapers, sports bloggers, and sports and technology trade magazines • Maintain a consistent presence on social media

  6. About Social Media Users • Social media users are more social than non-social-media-using-internet-users in real life too • - Social Media Today • Companies offering coupons or discounts in exchange for a like/follow/pin would be most likely to see an increase in sales

  7. Our Target Cities • Cities with the Most Social Media Usage: • San Francisco • San Jose • New York, NY • Ventura, CA • Austin, TX • Stamford, CT • Seattle, WA • Dallas, TX • Boston, MA • Denver, CO • Oakland, CA • -Data from the Huffington Post

  8. Most Common Keywords in Social Media Profiles:

  9. Strategies… 1)Grassroots campaigns and sponsorships • Visiting colleges in key cities • Sponsoring popular music festivals

  10. Cities with the Most Social Media Usage

  11. More About Music Festivals “Going to a festival is the most exciting thing 44% of respondents have ever done. This makes the target audience far more open-minded, allowing sponsors and advertisers a better chance of getting their message across.” –Target Media Agency • It’s a subtle, yet effective way for brands to become a memorable part of the festival for attendees. • The majority of festival attendees fall within the Millennial generation, followed closely by Generation-X. • 76% of festivalgoers say they feel more favorable toward brands that sponsor a tour or concert, and 51% of all consumers feel this way. • Approximately 74% of music streamers lean toward brands that engage them through music giveaways, sweepstakes, and sponsorships.

  12. Social Media Usage at Festivals

  13. @Coachella @OutsideLands @SXSW @Lollapalooza #Lollapalooza #SXSW #OutsideLands #Coachella

  14. #PhotoBooth

  15. The highest revenue-producing event for the city of Austin • One of the largest music festivals in the US • 99% of SXSW-goers are between 21-65 years-old 394K likes on Facebook 384K followers on Twitter #SXSW 21,731,587 social media mentions

  16. One of the largest music festivals in the country • Last year, PayPal was the only major tech vendor 146K likes on Facebook 26.5K followers on Twitter #OutsideLands 40,255 social media mentions

  17. Ranked the 3rd best music festival in the world in Time Out Magazine • The 3rd highest-grossing music festival in the world in 2009 • 96% of Lollapalooza-goers are between 18-45 years-old 442K likes on Facebook 255K followers on Twitter #Lollapalooza 744,347 social media mentions

  18. “One of the most popular music festivals in the world” • - CNBC Over 1 million likes on Facebook 546K followers on Twitter #Coachella 1,006,566 social media mentions

  19. Strategies… 2)Create and disperse news Create and disseminate news for university, local and global newspapers,sports bloggers through the web, and sports and technology trade magazines throughout our campaign. • See our complete Media List on Appendix II

  20. Strategies… 3)Maintain a consistent presence on social media Hear us on

  21. Budget Musical Festival Expenditures: • Lollapalooza booth $65k • Lollapalooza VIP tickets (10) $17k $60k • Coachella booth $7,990 • Coachella VIP tickets (10) • Outside Lands booth $50k • Outside Lands VIP tickets (10) $5,950 • Spokespeople (3 festivals) $30k • South by Southwest booth $5k • South by Southwest VIP tickets (10) $16,950 • Photo booths $15k • Giveaways $45,500 • Table/canopy rentals $1k $80 • Vobok banner • Speakers $80 TOTAL: $319,550

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