Professional Documents
Culture Documents
Executive Summary
Pepperidge Farm is introducing a new cookie-TimTams. Over the next year our advertising budget of 20 million dollars has been established to drive sales increases of the new Pepperidge Farm cookie throughout America. Objectives include: raising awareness of the cookie and what outlets it can be found. Along with this we will be looking at extending brand loyalty with existing customers as well as induce this loyalty with the new TimTams. Strategies include: targeting 18-25 year old females, along with 35-50 year old females. Pepperidge Farm already has two top ten-cookie brands in the United States (Milano). Neverfades will do this by promoting and educating this target audience about Pepperidge Farms unique cookie and how it is a versatile and delicious dessert. Another strategy consists of attracting people via social networking sites, television along with targeting drivers using outdoor advertising and radio. The solution, or outcome will prompt a substantial increase in brand loyalty, as well as a sales increase of 12% over the next year. Never fades media acknowledges that it will require a hefty advertising budget in order to compare to the category leaders like Nabisco. To overcome these competitors we have efficiently allocated the Pepperidge Farms media budget to reach goals for the new TimTam cookie. The media plan will ultimately increase overall brand awareness, sales as well as market share within the competitive brands.
Creative
Brief
Background/
Overview:
NeverFades
Media
goal
is
to
raise
Pepperidge
Farm
sales
12%
during
next
years
campaign
for
TimTams.
With
a
budget
of
20
million
dollars
Neverfades
will
target
the
audience
of
Women
18-
30
through
contest,
promotions,
coupons,
television,
radio
and
Internet.
Brand
promotion
will
center
on
the
benefits
of
the
cookie
and
overall
quality
of
the
brand.
By
the
end
of
this
campaign
Pepperidge
Farm
TimTam
cookies
will
be
well-known,
popular
new
cookie
with
increasing
sales.
I. Communication
Objective:
The
purpose
of
this
campaign
is
to
position
Pepperidge
Farm
as
an
affordable,
well
known
cookie
brand
that
has
several
types
of
cookie
options
while
increasing
sales
of
Pepperidge
Farms
in
America.
II. Creative
Strategy-Brand
Position:
TimTam
is
a
unique
dessert
experience.
We
are
combining
the
more
lavish
aspects
of
the
cookie
itself
to
a
casual
setting
in
the
American
home.
TimTams
will
be
positioned
as
a
convenient,
but
high
quality,
cookie
that
both
young
and
old
individuals
can
enjoy.
III. Promise:
TimTam
promises
to
provide
the
consumer
with
a
quality
cookie
at
a
reasonable
price.
We
want
TimTams
to
be
seen
as
elegant
regardless
of
the
occasion.
IV. Tone:
TimTams
advertising
will
be
sophisticated,
but
still
approachable.
We
plan
to
incorporate
elements
of
comedy
and
maintain
a
relaxed
tone.
V. Tag
Line:
Why
cant
all
cookies
be
TimTams?With
this
slogan
we
will
be
able
to
market
to
both
our
primary
and
secondary
target
markets
even
though
they
are
at
different stages in their lives. The message is simple enough to resonate with a large audience and will be successful in making more [cookie] sales.
SWOT
Strengths:
Pepperidge
Farm
is
a
known
cookie
brands,
large
scale
Production
Company,
customer
loyalty
and
relationships
and
many
distribution
channels.
Opportunities:
Changing
customer
taste,
change
the
demographic
age,
new
distribution
channels.
Threats:
Changing
customer
base,
geographical
markets,
tax
increase,
new
distribution
channels,
and
technological
advances.
Weaknesses:
Weaker
brand
in
sales
compared
tom
competitors.
Situational
Analysis
Share
of
Voice
Creative
History
Pepperidge
Farm
has
been
around
for
generations,
and
as
the
company
grew
so
did
the
creative.
Owned
by
Campbell
Soup
Company,
Pepperidge
has
hadand
continues
to
havea
great
lineage
of
campaigns.
The
secret?
Their
products
have
always
been
different.
From Goldfish crackers to the Milano cookies, Pepperidge Farm has always strived to introduce new products to the market before people even knew they wanted it. This has had a considerable effect on the success of Pepperidge Farm as a company, and this shouldnt change when Tim Tams are introduced. Inside the Campbell marketing culture, the company has always been known as an educated risk taker and for thinking outside of the box. Of course traditional media will still work, with end cap displays and in- store promotions, but Pepperidge Farm prides themselves on exploration and innovation. I think it will be crucial for Pepperidge Farm to employ digital and social media strategies for this new launch because it has grown to be such a powerful media outlet. Pepperidge Farm has mostly done TV Spots, but the current CEO, Denise Morrison is putting a strong emphasis on making sure digital media is not ignored. During a presentation to financial analysts she acknowledged that in many respects, [consumers] are ahead of us and that food companies and retailers are just beginning to understand the power of digital marketing. In additional to traditional media and new media strategies, Pepperidge Farm has also been known for their cross promotion tactics. Pepperidge Farm is one of the top twenty cookie brands because of their creativity. I think that for TimTam to be a successful launch, Pepperidge Farm should stick with the strategies they are familiar with as well as delve into new media to hopefully attract more consumers.
Target Audience
7 Based on Pepperidge Farms Tim Tam MRI data and what we pulled from our Secondary
Research, we found the specifics of what demographic bought the most Pepperidge Farm cookies in general. The highest index we calculated was 1,488 (specifics of demographic in Secondary Research section). To find a more specific demographic on Pepperidge Farms Tim Tam cookie, we referred to Pepperidge Farms Tim Tam MRI data chart once again and looked at the Fudge Cookies and Chocolate Covered Cookies. We figured comparing these two different types of cookie indexes would give us a more accurate reading on what demographic would buy the Tim Tam cookie - because they are chocolate covered, and have a fudge like center just like the Tim Tam Cookie. From looking at the data, we found quite a few similarities in demographics for the Fudge Cookie and Chocolate Covered Cookie. In the chart below are the highest purchasing indexes for the Fudge Cookie and Chocolate Covered Cookie. The highlighted sections are the similarities in demographics between the two cookies. Fudge Cookies Chocolate Covered Cookies Category Index Category Index Women 12th Grade/Less 108 149 Women 12th Grade/Less Ages 18-24 Employed Part Time 149 110 Ages 18-24 Employed Part Time 137 119 109 155
8 Community Social Services Occupation 182 Community Social Services Occupation HHI < 10,000 148 HHI $20,00029,999 5-7 Children in HH 336 5-7 Children in HH Race Black New England 142 127 Race Other Middle Atlantic County C Rent Home Total As you can see from the graph above, there are certain similarities in demographics when it comes to the Fudge Cookie and Chocolate Covered Cookie. From this information gathered we could come up with a more accurate target audience for the Tim Tam Cookie. The target audience/demographic would be specified as so Young females around age 18-24, part time employees that rent homes, and has community social service occupations. For the Tim Tam cookie to be successful, we would prefer to start out marketing the product to this demographic. We are considerably confident they would seek out this type of cookie based on their previous similar cookie choices. After more growth occurs for the product, we would continue to make our way to a more general demographic 126 124 1,701 County B Rent Home Total 109 113 1,512 138 114 240 139 139
9 in the growth and mature stages of the product life cycle. The more general demographic would target all young people around age 18-24 with low income and non-sustainable job and housing (college students).
Secondary
Research
According
to
Pepperidge
Farms
Tim
Tams
MRI
data
we
have
found
that
Graduate
College
(plus
some)
white
married
women
aged
45-54
that
own
their
own
home
and
are
employed
part
time
with
the
occupation
of
farming
fishery
and
forestry
while
making
$100,000+
with
4
children
in
their
household
in
New
England-
County
A
have
the
highest
index
of
purchasing
Pepperidge
Farm
cookies.
Totals
MEN
WOMEN
WORKING
WOMEN
GRAD
COLL
PLUS
SOME
COLLEGE
GRADUATED
HIGH
SCHOOL
TWELFTH
GRADE/LESS
AGE
18-24
AGE
25-34
AGE
35-44
AGE
45-54
AGE
55-64
AGE
65+
Median
Age
(Years)
EMPLOYED
EMPLOYED
FULL
TIME
EMPLOYED
PART
TIME
NON
EMPLOYED
Professional
and
Related
Occupations
Management
Business
and
Financial
Operations
Sales
and
Office
Occupations
Natural
Resources
Construction
and
Maintenance
Occupations
Other
employed
Management
Occupations
Business
and
Financial
Operations
Occupations
Index 100
72
113
118
137
97
80
70
95
83
88
125
108
97
104
102
98
118
97
114
113
124
75
71
114
109
10
Computer
and
Mathematical
Occupations
Architecture
and
Engineering
Occupations
Life
Physical
and
Social
Science
Occupations
Community
and
Social
Services
Occupations
Legal
Occupations
Education
Training
and
Library
Occupations
Arts
Design
Entertainment
Sports
and
Media
Healthcare
Practitioner
and
Technical
Healthcare
Support
Occupations
Protective
Service
Occupations
Food
Preparation
Serving
Related
Occupations
Building
and
Grounds
Cleaning
and
Maintenance
Personal
Care
and
Service
Occupations
Sales
and
related
occupations
Office
and
Administrative
Support
Occupations
Farming
Fishing
and
Forestry
Occupations
Construction
and
Extraction
Occupations
Installation
Maintenance
and
Repair
Occupations
Production
Occupations
Transportation
and
Material
Moving
Occupations
Military
Specific
Occupations
HHI
<$10000
HHI
$10000-$19999
HHI
$20000-$29999
HHI
$30000-$39999
HHI
$40000-$49999
HHI
$50000-$74999
HHI
$75000-$99999
HHI
$100000+
Median
HHI
(Dollars)
SINGLE
MARRIED
WIDOWED/DIVORCED/
SEPARATED
PARENTS
NO
CHILD
IN
HH
1
CHILD
IN
HH
2
CHILDREN
IN
HH
3
CHILDREN
IN
HH
4
CHILDREN
IN
HH
5-7
CHILDREN
IN
HH
8+
CHILDREN
IN
HH
ANY
CHILD
IN
HOUSEHOLD
CHILDREN
UNDER
2
YEARS
81
128
139
127
163
121
120
95
96
100
73
50
88
121
127
236
68
59
66
52
121
101
59
80
82
66
109
103
142
124
90
106
97
100
101
100
99
84
129
110
0
99
71
11
CHILDREN
2-5
YEARS
CHILDREN
6-11
YEARS
CHILDREN
12-17
YEARS
RACE-WHITE
RACE-BLACK
RACE-ASIAN
RACE-OTHER
HISPANIC
ORIGIN/
DESCENT
OWN
HOME
RENT
HOME
LIVE
RENT
FREE
PACIFIC-
MKTG
REGN
SOUTH
WEST
SOUTH
EAST
WEST
CENTRAL
EAST
CENTRAL
MIDDLE
ATLANTIC
NEW
ENGLAND
COUNTY
A
COUNTY
B
COUNTY
C
76
96
118
105
92
89
64
74
108
85
77
102
89
92
82
64
147
154
123
96
81
61
COUNTY D
Geographic
Considerations
NeverFades
Media
used
TimTams
MRI
data
to
pick
out
Brand
Development
Index
12
From the calculations we should focus more East Central, South West, Middle
Atlantic and New England because the Category Development Index is all above average and we want to increase our brand in these areas since some are below average yet, there is potential while Middle Atlantic and New England are doing above average and we want to keep it that way so we need to focus on these sections of the regions.
13
this data, we decided that a good time to launch Tim Tam cookies would be around the month of August and the best times to advertise would be throughout the peak months.
Media
*
Which
media
will
match
the
lifestyle
of
the
target
audience?
*
Include
research
(MRI,
Simmons,
Scarborough,
etc.)
here
to
back
up
who
you
think
the
target
audience
should
be
The
media
that
will
match
the
lifestyle
of
our
target
audience
of
young
females
18- 24
would
be
a
mix
of
social
networking
and
magazines.
Millennial
are
53%
more
likely
than
all
U.S
adults
to
feel
that
social
networking
websites
are
very
important
for
finding
information
about
news
and
other
current
events.
(http://www.scarborough.com/free-study-details.php?study_id=omg-is-your-medium- reaching-millennials&q_string=&s_string=/free-results.php).
Because
Millennial
are
so
insistent
on
daily
social
media
use,
it
makes
sense
to
use
online
advertisements
and
use
Facebook
and
Twitter
pages
to
inform,
remind
and
engage
our
young
target
audience.
Luckily,
online
advertising
and
social
media
use
is
very
inexpensive
compared
to
television.
The
ease
of
access
in
engaging
with
the
medium
is
critical,
by
understanding
this
we
can
craft
an
intuitive
marketing
mix
to
appeal
to
this
young
audience.
In
2012,
42%
of
social
media
users
are
in
our
target
range
of
18-24.
According
to
Scarborough,
social
media
grew
238%
between
2009
and
2012
and
has
seen
unprecedented
growth
compared
to
all
other
media
forms
measured
by
them.
Here
is
a
breakdown
of
digital
media
usage
for
U.S
adults
14
According to the same study, 49% of the Millennial updated their status and 39% said they Like something, and 17% became of Fan: of something. If we could capture even a portion of attention using a Facebook or Twitter page, along with paid advertisements and recommendations, even if our target audience is not clicking or sharing it they are still being exposed to it making it more likely they will check out Tim Tam cookies on a grocery store end cap. According to a study by MPA which surveyed over 1,000 consumers between the ages of 18 and 34, they found that nearly all millennial read magazines93 % of those surveyed said that they have looked at a magazine in the past 60 days, and 37 percent read a digital editionand are hooked on mobile technology and social media. These readers interact with magazines through social media, but content only. The survey's respondents made it clear that they want to get something tangible out of their social relationship with a magazine, whether it's promotions, discounts or the chance to win something. In fact, that's
15
the main reason that more than half of the people surveyed follow a magazine on Twitter. Contests were the biggest draw for millennial, 59% of who have entered a magazine contest through Facebook or Twitter, followed by coupons, which more than half of respondents had downloaded from a magazine's Facebook page. Facebook ranked as the No. 1 most-used social site among respondents, as well as their favorite platform for connecting with magazine brands. By using this information we can promote Tim Tam with contests and discounts to draw in our audience. (http://www.adweek.com/news/press/study-millennials-engage-magazines-social- media-143075)
Market Share
16
17
Pepperidge
Farm
TimTam
cookies.
high
quality,
unique
international
cookie,
m oney
back
guarantee.
Higher
end
cookie
compared
to
competitors,
coupons
available.
Internet
or
phone
order
and
pick
up
option
in
larger
cities.
Social
Media,
Television,
Internet,
contest
promotions
and
advertising.
18
19
Geography
The
brand
should
focus
advertising
efforts
in
suburban
and
urban
areas.
TimTam
is
more
of
an
upscale,
yet
affordable
cookie;
we
see
the
most
room
for
growth
in
cities
of
at
least
50,000.
Our
strategy
for
TimTams
is
to
make
any
event
a
little
more
sophisticated.
Often
times,
when
women
are
on
the
go
they
dont
have
time
to
prepare
a
really
lavish
dessert,
TimTam
can
help
with
that.
These
cookies
are
convenient,
but
still
show
effort.
Sales
in
rural
areas
will
be
lower,
so
wed
like
to
focus
some
advertising
efforts
on
bringing
sales
in
these
less
affluent
areas
up.
This
can
be
achieved
through
strategies
like
end-cap
displays
as
well
as
discounts.
National
advertising
has
been
requested,
and
we
will
also
employ
strategies
that
use
new
media
(Facebook,
Twitter,
and
Pinterest)
to
reach
a
larger
audience
and
aid
in
sales.
b. By
looking
at
both
BDI
and
CDI
data
it
is
apparent
that
women
should
be
the
focus
of
all
advertising
efforts.
Their
market
share
of
the
product
is
much
higher
than
any
other
demographic
(see
BDI
charts
in
appendix).
We
do
not
recommend
focusing
on
lower
BDI
20 areas (such as men), but instead, maintaining high recognition from women across the country.
21
Scheduling
22
Media
Budget
Historically,
spending
for
combined
Pepperidge
Farm
brands
has
been
under
$10
million
annually.
New
brand
launches
are
known
to
cost
over
$20
million
(TimTam
case).
Never
Fades
is
proposing
that
the
total
media
budget
for
the
2013
campaign
to
launch
TimTam
Cookies
should
be
roughly
$20
million.
We
want
to
make
sure
that
TimTam
Cookies
launch
in
a
big
way
because
competitors
already
have
a
brand
presence
and
we
need
to
stand
out
amongst
them.
Since
end
cap
displays
are
the
number
one
most
effective
form
of
point-of-purchase
advertising,
we
are
prepared
to
spend
about
$4
million
over
a
6-month
period
(September,
October,
November,
December,
January,
and
February)
on
these
displays.
This
leaves
us
with
$16
million
left
to
spend
on
traditional/non-traditional
advertising.
Our
target
market
is
a
woman
over
30
and
their
children.
The
media
vehicles
to
best
match
this
target
market
will
be
visual
forms
such
as
network
TV,
magazines,
internet
23
banners/keywords, social media, and outdoor. There are approximately 2.4 TVs per household in the U.S. and the average time a person spends watching TV is 7.5 hours per day (class notes), women average 2.8 hours per day (American Time Use Survey.) Therefore, TV advertisements and the other visual outlets mentioned will be sure to catch the attention of our target market. It is crucial to also incorporate social media in our plan. The average age of social networking site users is 37 years old and 56% of all people use some form of it (http://www.statisticbrain.com/social-networking-statistics/). With the current social media craze it will be immensely effective to use social media advertisements in the 2013 TimTam launch campaign.
24
Strategy:
Studies
have
shown
that
cookie
sales
jump
dramatically
during
traditional
holidays.
Outside
of
those
peaks
the
strongest
sales
months
for
the
overall
cookie
category
were
October,
May
and
June.
The
first
few
summer
months
sell
many
cookies
because
it
is
the
beginning
of
summer
and
people
are
ready
to
relax
and
reward
themselves
or
their
family
with
some
extra
dessert.
January
sales
in
the
cookie
category
were
below
average
in
the
past
few
years
and
we
accredit
this
to
New
Years
resolution
diets.
Scheduling
commercials
during
daytime
television
hours
will
be
effective
in
reaching
our
female
target
that
average
2.8
hours
of
television
a
day
(American
time
use
survey).
Specifically
Thursday
through
Saturday
when
women
are
most
likely
shop
along
with
spend
the
most
time
shopping
at
46
minutes.
(Time
Use
Institute.)
We
plan
pulse
a
substantial
amount
of
advertisements
around
traditional
holidays
such
as
Christmas,
Thanksgiving,
Labor
Day,
Easter
and
Valentines
Day
to
ensure
Tim
Tam
is
in
consumers
mind
when
walking
through
grocery
aisles.
Our
strategy
of
pulsing
advertisements
during
peak
holiday
sales
times
to
allow
us
to
capture
a
majority
of
category
consumers
with
less
advertising
dollars
than
we
would
if
we
were
running
continuous
advertisements
throughout
the
year.
It
will
be
effective
during
peak
seasons
to
run
350
GRPS,
and
during
periods
of
less
consumption
drop
to
150
GRPS.
Also
during
those
seasons
the
$4,000,000
of
budget
set
aside
for
End-Caps
will
be
utilized.
25
Running them continuously without break would be wasting money in the off months when cookie sales are dismal (like January). Our target market of Women over age 30 with children gives us a great opportunity to utilize holiday cookie sales because the mother of the house is the one who likely does the shopping for guests of the household. Also our secondary market of women 18-24 will be home for the holidays and we aim to plant Tim Tam in their mind as a delicious chocolate treat, which many women this age crave around holidays. By successfully marketing to these target women, Tim Tams will be passed on to many houseguests and family during the holiday season. This will greatly increase trial and awareness of Tim Tams, helping us to achieve our goal of raising brand awareness by 12 percent.
Sales
Promotion
Objective:
There
is
a
large
emphasis
on
sales
promotion
in
the
cookie
industry,
and
this
will
be
one
of
the
biggest
tasks
in
this
campaign.
The
goal
for
Pepperidge
Farm
is
to
increase
the
current
sales
by
12%
among
18-25
year
old
women
along
with
women
aged
44+.
This
goal
will
be
accomplished
through
various
promotions
activity
as
well
as
an
Internet
goal
of
generating
more
followers
on
Twitter,
likes
on
Facebook
and
more
viewers
on
the
Pepperidge
Farm
website.
Increasing
sales
and
brand
awareness
will
be
accomplished
through
customer
interaction
on
Instagram
and
Pinterest
along
with
Television,
magazines,
radio
and
outdoor
advertisement.
Strategy:
NeverFades
Media
budget
allows
$16
million
to
be
allocated
toward
sales
promotion. We will allocate this money towards promoting the new Pepperidge Farm cookie TimTams. We will use Television and Magazine to attract the older demographic. $2
26
million of the budget will be spent on commercial on network stations such as Lifetime, Hallmark, General Drama Primetime and Entertainment Specials like CMT Music Awards, The Emmys, Oscars, etc. According to TimTams MRI data these were the top five highest ranked indexes among women. Entertainment Specials took the lead with 49.7% of women who watch this station followed by General Prime Time with 47.7%, Lifetime 22.8% and Hallmark 14%. These channels will Pepperidge Farm commercials appear with the flight and hiatus technique to get more reach. We also set aside $2 million for magazine ads. Magazines like Rachael Ray, Redbook, Working Mother and Real Simple will be the starting samples that we use in our campaign. Each magazine having a $500,000 ad limits spending. Pepperidge Farm will partner with Rachael Ray and be premiered in her magazine along with a follow up introduction on her TV show Rachael Ray. Neverfades will use $1 million on outdoor advertising in forms of billboards near
exits that offer superstores, grocery stores and convenience stores. To follow up on the billboards Neverfades will also premier radio ads to stations. We will be doing contest where customers can get coupons for winning. Since our target audience is for women in their 40+ we want to look at those who have children. One contest can be having the target audience involve their children. Take pictures/videos of them or their kids doing different things were the TimTam cookie is involved for example, picnics, birthday parties, making something out of them, or simply enjoying the cookie itself for the reward for getting free TimTams or a gift card to a grocery store. This way we can use all of these pictures and video and use them in our next commercial or advertisement. Another contest is having two types of packaged TimTams- one for adults,
27
one for children. Both children and adults will design a TimTam cookie package for the cookies to be sold in. The winners will receive the recognition of creating this package and have customers looking at TimTam cookies to see if the new look has been released. Going along with this idea every one to three months we will give the opportunity again so new designs can come out. Examples are Halloween, Christmas, Valentines Day and spring/summer. Doing this we hope to keep the customers attention by them knowing/anticipating a new design is coming out. Accompanied by the customers possibly purchase a newly packaged TimTam cookie just because the package is cool and different.
Internet
Strategy
Visits
to
Pepperidge
Farm
Twitter
account
will
generate
a
source
of
information
about other promotions, new products and other happenings with Pepperidge Farms. Consumers can go to Pepperidge Farm Pinterest Page to find new way to use Pepperidge Farm cookies and other Pepperidge Farm products. A link on Pepperidge Farm Facebook Page, Pinterest page and website will all link together. On their website people can post comments on their biggest cooking mishap and how Pepperidge Farm saved the day.
28
29
Ostrows
Matrix
The
estimated
frequency
tells
us
that
our
advertisements
to
effectively
reach
the
target
and
have
a
lasting
impact
the
ad
needs
to
be
seen
on
average
4.0.
30
BUDGET
31
32
STATISTICS
33
34
35
36
American
time
use
survey.
(2012,
June
22).
Retrieved
from:
http://www.bls.gov/news.release/atus.nr0.htm
Class
lecture
1/23/2013,
Gerdes,
Michigan
State
University,
East
Lansing,
MI
Costello.
(2008).
Retrieved
from
http://www.managementstudyguide.com/advertising-scheduling-
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Gawronski,
K.
(2009,
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01).
Cookies:
cookies
sales
increased,
with
encouraging
results
in
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mini
cookie
subcategory..
Retrieved
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http://www.thefreelibrary.com/Cookies:cookies
sales
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the..-a0215931716
Goodman,
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(2008,
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Grocery
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37
Harden, S. (2010). Retrieved from http://www.statisticbrain.com/social-networking-statistics/Logo maker. (2011). Retrieved from http://logotypemaker.com/