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ESPN
By: Daniel Loewy
Nature of the Business
 The product is in the name, ESPN:
   Entertainment and Sports Programming
   Network.
 American, global television network that focuses on
   sports-programming
    Sports talk shows, event telecasts, and expert
      analysis

 The   competition:
    National Networks: CBS, NBC
    Specialty Networks: MLB TV, NFL Network, Golf
      Channel, etc…
…(continued)
 Aside from their presence on cable networks across
   the world, ESPN also has an array of product
   offerings:
    ESPN Insider
    ESPN the Magazine
    30 for 30 Documentaries
    Clothing apparel
    ESPN Zones located across the U.S.

 Challenges in capturing product sales:
    Budget constraints related to advertising
    Maximizing advertising reach amongst consumers
The Pitch
 To implement a low-cost digital marketing campaign
   which seeks to utilize social media, primarily, in
   order to reach a greater number of our target
   customers. We feel there is an opportunity to make
   this niche market more aware that ESPN even
   offers for-purchase, premium products.
    Facebook
    Twitter
    Mobile Solutions
The Facebook Plan
 Existing Facebook page is highly
   interactive, excellent opportunity to supplement this
   current strength.

 In coordination with Marketing, determine keywords
   that correlate to the interests of Facebook users.
    Use this acquired knowledge to employ the use of
      Banner Ads
       Reach Your Target Customers
       Deepen Your Relationships
       Control Your budget
(… continued)
 Reach Your Target Customers
      Reach over 800 million potential customers
      Choose your audience by location, age, and interests

 Deepen Your Relationships
      Promote your Facebook page and/or website
      Utilize the “Like” button to increase your ad’s influence

 Control Your Budget
      Set and control your budget daily
      Choose to pay only when people click ad (CPC) or when
       they see the ad (CPM)
The Twitter Plan
 Many prominent ESPN analysts already have a
   strong presence on Twitter, as well as the network
   page itself.
    ESPN also employs many former professional
      athletes

 Excellent and convenient opportunity to have
   “famous” people promote your product
    Example: Football Insider, Adam Schefter, could
      promote ESPN Insider subscriptions
       No added expenses, employees already under salary


 Use the “Promotion” feature on Twitter
(… continued)
 Promotion feature:
    ESPN could refine their target reach by targeting
      users with platform messages
       iOS, Android, and Blackberry

 International Opportunities:
    70% of the 140 million active users on Twitter are
      abroad
    TwitterAds and the Promotion feature could allow
      ESPN to tap into a new niche market
Mobile Solutions
 Create and develop apps that compliment the
   product offerings of ESPN (TV) and ESPN.com
    Coupon offerings
    Limited time offers
    Fantasy Sport apps
    ESPN the Magazine access for iPhone and Android
      users

 Promote these apps through other social media
   platforms that ESPN already employs
Metrics
 First and foremost, monitor the sales figures on
   products that are related to social media promotion.
    Use prior sales figures of related products as a
      historical benchmark.

 Elicit consumer feedback regarding the
   effectiveness of the recent social media marketing
   campaign.

 Track increase in mobile apps purchased

 Utilize the Google AdWords feature that allows you
   to monitor the effectiveness of keyword selection
   and click-throughs
Budget
 First, it is important to note that the goal of this digital
    marketing campaign is not to incur traditionally
    expensive advertising costs
       Mastering social media marketing to minimize costs
        highlights the intrigue of this proposal

 That being said, ESPN has an enormously large check
    book:
       Subsidiary of The Walt Disney Company
       Industry market share leader

 Realistic digital marketing campaign budget given
    company revenues and resources: $400,000
Wrap-Up
 Minimize advertising costs through utilizing various
   forms of social media.
    Facebook  Banner Ads
    Twitter  “Promotion” feature, ESPN internal
      promotion
    Mobile Solutions  For-purchase phone Apps

 Further segment consumer market to better target
   that audience
    Raise product awareness
    Reach more consumers to capture more sales

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ESPN Final Project

  • 2. Nature of the Business  The product is in the name, ESPN: Entertainment and Sports Programming Network.  American, global television network that focuses on sports-programming  Sports talk shows, event telecasts, and expert analysis  The competition:  National Networks: CBS, NBC  Specialty Networks: MLB TV, NFL Network, Golf Channel, etc…
  • 3. …(continued)  Aside from their presence on cable networks across the world, ESPN also has an array of product offerings:  ESPN Insider  ESPN the Magazine  30 for 30 Documentaries  Clothing apparel  ESPN Zones located across the U.S.  Challenges in capturing product sales:  Budget constraints related to advertising  Maximizing advertising reach amongst consumers
  • 4. The Pitch  To implement a low-cost digital marketing campaign which seeks to utilize social media, primarily, in order to reach a greater number of our target customers. We feel there is an opportunity to make this niche market more aware that ESPN even offers for-purchase, premium products.  Facebook  Twitter  Mobile Solutions
  • 5. The Facebook Plan  Existing Facebook page is highly interactive, excellent opportunity to supplement this current strength.  In coordination with Marketing, determine keywords that correlate to the interests of Facebook users.  Use this acquired knowledge to employ the use of Banner Ads  Reach Your Target Customers  Deepen Your Relationships  Control Your budget
  • 6. (… continued)  Reach Your Target Customers  Reach over 800 million potential customers  Choose your audience by location, age, and interests  Deepen Your Relationships  Promote your Facebook page and/or website  Utilize the “Like” button to increase your ad’s influence  Control Your Budget  Set and control your budget daily  Choose to pay only when people click ad (CPC) or when they see the ad (CPM)
  • 7. The Twitter Plan  Many prominent ESPN analysts already have a strong presence on Twitter, as well as the network page itself.  ESPN also employs many former professional athletes  Excellent and convenient opportunity to have “famous” people promote your product  Example: Football Insider, Adam Schefter, could promote ESPN Insider subscriptions  No added expenses, employees already under salary  Use the “Promotion” feature on Twitter
  • 8. (… continued)  Promotion feature:  ESPN could refine their target reach by targeting users with platform messages  iOS, Android, and Blackberry  International Opportunities:  70% of the 140 million active users on Twitter are abroad  TwitterAds and the Promotion feature could allow ESPN to tap into a new niche market
  • 9. Mobile Solutions  Create and develop apps that compliment the product offerings of ESPN (TV) and ESPN.com  Coupon offerings  Limited time offers  Fantasy Sport apps  ESPN the Magazine access for iPhone and Android users  Promote these apps through other social media platforms that ESPN already employs
  • 10. Metrics  First and foremost, monitor the sales figures on products that are related to social media promotion.  Use prior sales figures of related products as a historical benchmark.  Elicit consumer feedback regarding the effectiveness of the recent social media marketing campaign.  Track increase in mobile apps purchased  Utilize the Google AdWords feature that allows you to monitor the effectiveness of keyword selection and click-throughs
  • 11. Budget  First, it is important to note that the goal of this digital marketing campaign is not to incur traditionally expensive advertising costs  Mastering social media marketing to minimize costs highlights the intrigue of this proposal  That being said, ESPN has an enormously large check book:  Subsidiary of The Walt Disney Company  Industry market share leader  Realistic digital marketing campaign budget given company revenues and resources: $400,000
  • 12. Wrap-Up  Minimize advertising costs through utilizing various forms of social media.  Facebook  Banner Ads  Twitter  “Promotion” feature, ESPN internal promotion  Mobile Solutions  For-purchase phone Apps  Further segment consumer market to better target that audience  Raise product awareness  Reach more consumers to capture more sales