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Marketing your Startup
How to be heard above the noise
Q1: What do you want to be?
• Lifestyle Business
– Local market, not obsessed with growth
– GLC’s -- “Great little companies”
• Niche
– Large Geographic footprint, narrow customer profile
• High Potential Startup
– Large global market, fast growth potential
Innovationortechnology
Business Model or Market
Existing New
ExistingNew
Highly
Disruptive
Q2: Are you disruptive? NEW technology
and
NEW market
Innovation
Business Model
Existing New
ExistingNew
Types of Startups
Innovationortechnology
Business Model or Market
Existing New
ExistingNew
Disruptive
Existing
solution
made faster
or cheaper
New
technology,
traditional
delivery
Old concept,
new market
Innovationortechnology
Business Model or Market
Existing New
ExistingNew
Five Minute Activity
Disruptive
Existing
solution
made faster
or cheaper
New
technology,
traditional
delivery
Old concept,
new market
Pick a Category:
1. Sports
2. Media & Entertainment
3. IT – Software or
Hardware
4. Transportation
5. Consumer Products
How does this relate to Marketing?
Marketing Strategy
Innovationortechnology
Business Model or Market
Existing New
ExistingNew
Highly
Disruptive
Existing
solution
made faster
or cheaper
New
technology,
traditional
delivery
Old concept,
new market
Easier to get
noticed
Harder to get
noticed
What we’re going to talk about…
1. The Basics – be present
2. The Message – something to talk about
3. Going Guerilla – do something creative
Phase 1: The Basics (must haves)
• Logo
• Website
• Business Cards
• Brochures or handouts
• Social Media
Logo
• Will be your most recognized asset
• Not permanent
• More on this in other sessions
Websites – Domain names…
• Tips to get what you want
– Remove vowels
– Add an “AZ”
– .co is more common
– Look at the other countries
extensions
• .as .cc .er .la .ly .ne .vc
• Shorter is better
Do it yourself websites…
• Wordpress, Wix, SquareSpace,
many more…
• Squarespace
– pretty easy to use, starts at $10/mo.
• Ask around…
• Doesn’t have to be elaborate, but
it has to be there.
Brochures
• Having a good 1-pager (tech companies)
• Get input
• Get help
• Stay tuned for the 4pm class on Graphic
Design
Social Media
• Linkedin, Facebook, Twitter, Pinterest
• Use it but don’t over-do it
• Leverage your contacts – get the “Likes”
Phase 2: Something to talk about
• Press Releases
• Spam
• Your pitch deck
• Crowdfunding
• Trade shows, Competitions, Events
• Specials and Promotions
Press Releases
• What’s NEWS worthy???
– If you are truly disruptive then you have
a story
– If not, you are an advertiser and they
want you to buy an ad
• Do it anyway and put on your website
– You are building your history
• Pay services and free services.
– http://mashable.com/2007/10/19/press-releases/
Email Campaigns
• Mailchimp, Constant Contact
• Use it don’t abuse it
• Can be effective when used
with other media
• You need to build a contacts
database
• Always ask permission
Your Pitch Deck
• 25 pt font & 25 words per slide maximum
• More visuals less text
• 10 slides – 10 minutes
1. Title Slide/Overview/Elevator Pitch
2. Problem
3. Solution
4. Team
5. Business Model
6. Market
7. Competitive Advantage
8. Marketing and Sales Strategy
9. Roadmap and Milestones
10. Financial Information
Crowdfunding - yes
Tradeshows, competitions, events
Promotions – Escape Grid
Awareness activities -- Breezing
Supporting their
Indiegogo campaign
Phase 3: Going Guerrilla…
• Guerrilla marketing is an advertising strategy
in which low-cost unconventional means
(graffiti, sticker bombing, flash mobs) are
utilized, often in a localized fashion or large
network of individual cells, to convey or
promote a product or an idea.
• Specifically geared for the small business and entrepreneur.
• It should be based on human psychology
• Forget about the competition and concentrate more on
cooperating with other businesses.
• Guerrilla marketers should use a combination of marketing
methods for a campaign.
• Use current technology as a tool to build your business.
• Messages are aimed at individuals or small groups, the
smaller the better.
• Commit to your campaign. Use Effective frequency instead of
creating a new message theme for each campaign.
Principles of Guerrilla…
Guerrilla ideas – ASU Edson Campaign
Guerrilla ideas – Arizona Pro DJ’s
Guerrilla ideas – 1UP
Conclusion
• Look like a real company
• Put together a plan
• Use multiple strategies
• Use one strategy to boost another strategy
• Be creative
• Get input
• Listen to the customer
Innovation
Business Model
Existing New
ExistingNew
Thanks!
Wiley Larsen
Venture Manager
ASU Entrepreneurship & Innovation
wiley.larsen@asu.edu
References
• http://www.cloudave.com/1129/the-four-quadrants-of-innovation-disruptive-vs-incremental/
• http://en.wikipedia.org/wiki/Guerilla_marketing
• http://www.sitepoint.com/forums/showthread.php?388271-Complete-List-of-Domain-Extensions
• http://mashable.com/2007/10/19/press-releases/
• http://www.foresightst.com/learning/
• Robinson, David C. Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global
Toy industry, 2013

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Marketing your Startup

  • 1. Marketing your Startup How to be heard above the noise
  • 2. Q1: What do you want to be? • Lifestyle Business – Local market, not obsessed with growth – GLC’s -- “Great little companies” • Niche – Large Geographic footprint, narrow customer profile • High Potential Startup – Large global market, fast growth potential
  • 3. Innovationortechnology Business Model or Market Existing New ExistingNew Highly Disruptive Q2: Are you disruptive? NEW technology and NEW market
  • 5. Types of Startups Innovationortechnology Business Model or Market Existing New ExistingNew Disruptive Existing solution made faster or cheaper New technology, traditional delivery Old concept, new market
  • 6. Innovationortechnology Business Model or Market Existing New ExistingNew Five Minute Activity Disruptive Existing solution made faster or cheaper New technology, traditional delivery Old concept, new market Pick a Category: 1. Sports 2. Media & Entertainment 3. IT – Software or Hardware 4. Transportation 5. Consumer Products
  • 7. How does this relate to Marketing?
  • 8. Marketing Strategy Innovationortechnology Business Model or Market Existing New ExistingNew Highly Disruptive Existing solution made faster or cheaper New technology, traditional delivery Old concept, new market Easier to get noticed Harder to get noticed
  • 9. What we’re going to talk about… 1. The Basics – be present 2. The Message – something to talk about 3. Going Guerilla – do something creative
  • 10. Phase 1: The Basics (must haves) • Logo • Website • Business Cards • Brochures or handouts • Social Media
  • 11. Logo • Will be your most recognized asset • Not permanent • More on this in other sessions
  • 12. Websites – Domain names… • Tips to get what you want – Remove vowels – Add an “AZ” – .co is more common – Look at the other countries extensions • .as .cc .er .la .ly .ne .vc • Shorter is better
  • 13. Do it yourself websites… • Wordpress, Wix, SquareSpace, many more… • Squarespace – pretty easy to use, starts at $10/mo. • Ask around… • Doesn’t have to be elaborate, but it has to be there.
  • 14. Brochures • Having a good 1-pager (tech companies) • Get input • Get help • Stay tuned for the 4pm class on Graphic Design
  • 15. Social Media • Linkedin, Facebook, Twitter, Pinterest • Use it but don’t over-do it • Leverage your contacts – get the “Likes”
  • 16. Phase 2: Something to talk about • Press Releases • Spam • Your pitch deck • Crowdfunding • Trade shows, Competitions, Events • Specials and Promotions
  • 17. Press Releases • What’s NEWS worthy??? – If you are truly disruptive then you have a story – If not, you are an advertiser and they want you to buy an ad • Do it anyway and put on your website – You are building your history • Pay services and free services. – http://mashable.com/2007/10/19/press-releases/
  • 18. Email Campaigns • Mailchimp, Constant Contact • Use it don’t abuse it • Can be effective when used with other media • You need to build a contacts database • Always ask permission
  • 19. Your Pitch Deck • 25 pt font & 25 words per slide maximum • More visuals less text • 10 slides – 10 minutes 1. Title Slide/Overview/Elevator Pitch 2. Problem 3. Solution 4. Team 5. Business Model 6. Market 7. Competitive Advantage 8. Marketing and Sales Strategy 9. Roadmap and Milestones 10. Financial Information
  • 23. Awareness activities -- Breezing Supporting their Indiegogo campaign
  • 24. Phase 3: Going Guerrilla… • Guerrilla marketing is an advertising strategy in which low-cost unconventional means (graffiti, sticker bombing, flash mobs) are utilized, often in a localized fashion or large network of individual cells, to convey or promote a product or an idea.
  • 25. • Specifically geared for the small business and entrepreneur. • It should be based on human psychology • Forget about the competition and concentrate more on cooperating with other businesses. • Guerrilla marketers should use a combination of marketing methods for a campaign. • Use current technology as a tool to build your business. • Messages are aimed at individuals or small groups, the smaller the better. • Commit to your campaign. Use Effective frequency instead of creating a new message theme for each campaign. Principles of Guerrilla…
  • 26. Guerrilla ideas – ASU Edson Campaign
  • 27. Guerrilla ideas – Arizona Pro DJ’s
  • 29. Conclusion • Look like a real company • Put together a plan • Use multiple strategies • Use one strategy to boost another strategy • Be creative • Get input • Listen to the customer
  • 31. Thanks! Wiley Larsen Venture Manager ASU Entrepreneurship & Innovation wiley.larsen@asu.edu
  • 32. References • http://www.cloudave.com/1129/the-four-quadrants-of-innovation-disruptive-vs-incremental/ • http://en.wikipedia.org/wiki/Guerilla_marketing • http://www.sitepoint.com/forums/showthread.php?388271-Complete-List-of-Domain-Extensions • http://mashable.com/2007/10/19/press-releases/ • http://www.foresightst.com/learning/ • Robinson, David C. Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global Toy industry, 2013

Editor's Notes

  1. Lego began making interlocking bricks in Denmark in 1949 – Patented in 1958 – I got my first set in 1977Brooks is #3 in total US album sales, with 128M records sold, only outranked by the Beatles (177M) and Elvis (134M) according to the Record Industry Association of America. Took Country Music out of the Twang genre and into the mainstream. Opened the market to an entire generation and paved the way for a new breed of country musician.
  2. Brooks is #3 in total US album sales, with 128M records sold, only outranked by the Beatles (177M) and Elvis (134M) according to the Record Industry Association of America. Took Country Music out of the Twang genre and into the mainstream. Opened the market to an entire generation and paved the way for a new breed of country musician.
  3. Brooks is #3 in total US album sales, with 128M records sold, only outranked by the Beatles (177M) and Elvis (134M) according to the Record Industry Association of America. Took Country Music out of the Twang genre and into the mainstream. Opened the market to an entire generation and paved the way for a new breed of country musician.
  4. Lego began making interlocking bricks in Denmark in 1949 – Patented in 1958 – I got my first set in 1977Brooks is #3 in total US album sales, with 128M records sold, only outranked by the Beatles (177M) and Elvis (134M) according to the Record Industry Association of America. Took Country Music out of the Twang genre and into the mainstream. Opened the market to an entire generation and paved the way for a new breed of country musician.