Benefit Testing CASE2004

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    Benefit Testing CASE2004 - Presentation Transcript

    1. Benefit Testing Market Test Your Message for Maximum Effect CASE Annual Assembly San Diego July 12, 2004
    2. Introduction
    3. Agenda
      • Why is it important?
      • Marketing terminology baseline setting
      • What is benefit testing?
      • How is it done?
      • How do you apply the results?
    4. Break through.
    5.  
    6. The Passionate Pursuit of Perfection
    7.  
    8. Quality is Job 1
    9. Ford
    10. Don’t copy. Lead
    11. Toshiba
    12. Image communication
    13.  
    14. M’m! M’m! Good!
    15.  
    16. Frozen as nutritious as fresh
    17.  
    18. You’ve Got Questions. We’ve Got Answers
    19.  
    20. What can Brown do for you?
    21.  
    22. Why is Benefit Testing Important?
    23. Why Is It Important?
      • Funds are not unlimited
    24. Why Is It Important?
      • Funds are not unlimited
      • You need to break through the clutter
    25. Why Is It Important?
      • Funds are not unlimited
      • You need to break through the clutter
      • It’s all about the brand
    26. Why Is It Important?
      • Funding
      • 2001 study showed higher education marketing dollars to average 1.6% of education and general budgets
    27. Why Is It Important?
      • Funding
      • Of the 1.6%, approximately 45% was spent on publications and 8% was spent on Web sites.
    28. Why Is It Important?
      • Funding
      • You must maximize the limited dollars available to accomplish the task.
    29. Why Is It Important?
      • Breaking through the clutter
      • How do you know the message will resonate?
    30. Why Is It Important?
      • Breaking through the clutter
      • How do you know the message will resonate?
      • Sounding good on campus doesn’t always mean it works in the marketplace.
    31. Why Is It Important?
      • It’s all about the brand
      • Is the message mission-oriented and market driven?
    32. Why Is It Important?
      • It’s all about the brand
      • Is the message mission-oriented and market driven?
      • Is it coherent, distinct and memorable?
    33. Why Is It Important?
      • It’s all about the brand
      • Is the message mission-oriented and market driven?
      • Is it coherent, distinct and memorable?
      • Is it a platform-builder?
    34. Marketing Terminology
      • Benefit testing is a component of market research.
      • “ Marketing research is the collection, recording, analysis, and distribution of data and information about marketing problems and opportunities.”
      • Richard Sandhusen
      • Barrons
    35. Market Research Types
      • Exploratory
      • Conclusive
    36. Market Research Types
      • Exploratory
      • It begins by defining the problem and collecting secondary data bearing on the problem
    37. Market Research Types
      • Conclusive
      • Collecting primary data, analyzing data, making recommendations and implementing findings.
    38. Consumer Adoption Process Model
      • Awareness : learns of the product but lacks information about it
    39. Consumer Adoption Process Model
      • Awareness : learns of the product but lacks information about it
      • Interest : Potential buyers are stimulated to seek information about the product
    40. Consumer Adoption Process Model
      • Awareness : learns of the product but lacks information about it
      • Interest : Potential buyers are stimulated to seek information about the product
      • Evaluation : Consideration of whether the likely BENEFITS of the new product justify trial
    41. Consumer Adoption Process Model
      • Awareness : learns of the product but lacks information about it
      • Interest : Potential buyers are stimulated to seek information about the product
      • Evaluation : Consideration of whether the likely BENEFITS of the new product justify trial
      • Trial : Makes a trial commitment to improver their estimation of the product’s value
    42. Consumer Adoption Process Model
      • Awareness : learns of the product but lacks information about it
      • Interest : Potential buyers are stimulated to seek information about the product
      • Evaluation : Consideration of whether the likely BENEFITS of the new product justify trial
      • Trial : Makes a trial commitment to improver their estimation of the product’s value
      • Adoption : Decision to make a full commitment or use the product regularly
    43. What is Benefit Testing?
    44. Benefit Testing
      • The process of conducting non-exhaustive, sample testing in order to develop an accurate and effective message.
    45. Benefit
      • Something that promotes or enhances well-being; an advantage.
    46. Benefit
      • Think in terms of how does the prospective student / donor / alumnus benefit from their interaction with your institution.
    47. How is Benefit Testing Done?
    48. Benefit Testing
      • Process
      • Discovery
    49. Benefit Testing
      • Process
      • Discovery
      • Development
    50. Benefit Testing
      • Process
      • Discovery
      • Development
      • Testing
    51. Benefit Testing
      • Process
      • Discovery
      • Development
      • Testing
      • Analysis
    52. Benefit Testing
      • Process
      • Discovery
      • Development
      • Testing
      • Analysis
      • Application
    53. Benefit Testing
      • Discovery
      • Discussion with constituent groups in the campus community in order to develop themes of key strengths and/market differentiators
    54. Benefit Testing
      • Development
      • Through analysis of discovery data, creation of benefit statements and supporting images with suggest benefits that the target market should reasonably expect to receive through interaction with the institution.
    55. Benefit Testing
      • Testing
      • Methodologies can include F2F, focus group, or web-based. Web-based can provide the widest range of response and the most cost effective large sample.
      • Correlation of sequential rankings & top 5
    56. Benefit Testing
      • Analysis
      • Review and analyze testing data to determine best-received messaging.
    57. Benefit Testing
      • Application
      • Conceptual designs for implementation
      • of derivatives of the chosen statement direction.
    58. How Do You Apply the Results?
    59. How to Apply the Results
      • Scrub them against the brand
      • Check for validity. Do they support…
      • the Brand Personality
      • the Brand Attributes
      • the Brand’s Core Value
    60. How to Apply the Results
      • Implement the message in the media
        • Concept
        • Review
        • Revise
        • Publish
    61. How to Apply the Results
      • Don’t be afraid to test the concept
      • Rank alternatives rather than ask
      • for feedback
      • “ Everyone wants to wear the beret.”
    62. Summary
      • Above all, live the institution’s brand with every piece you produce. We are in an increasingly consumer-oriented society with savvy buyers.
    63. Brainstorm Because we think harder

    + Bart CaylorBart Caylor, 2 years ago

    custom

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