Spot-On - The Rapid Advertising Concept Prototyping & Testing System

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    Spot-On - The Rapid Advertising Concept Prototyping & Testing System - Presentation Transcript

    1.  
    2.  
    3. the situation
    4. tv spots are created and tested today the same way they were back in 1968
    5. the process is cumbersome, time consuming, expensive and inefficient
    6. the solution
    7. spot - on ™
    8. spot - on ™ is an all-in-one package that provides advertisers and agencies with a simple, inexpensive, efficient way to create and test tv spots
    9. spot - on ™ provides the agency creative with a desktop digital tool as easy to use as powerpoint
    10. spot - on ™ creates digital test commercials in as little as an hour
    11. spot - on ™ lets agency creatives try more ideas in less time and provides a better way to present their work to advertisers
    12. spot - on ™ produces test commercials with proven real-world viability and testability
    13. spot - on ™ lets advertisers and agencies test ideas faster and easier -- at much less expense
    14. the spot - on ™ key user ™ online portal provides instant feedback that lets advertisers and agencies confidently move forward with the right ideas
    15. spot - on ™ is time efficient spot - on ™ currently Testing and evaluation quick and rough production presentation and revisions creative exploratory 1 day 0 days 7 days 7 days 28 days 28 days 14 days 7 days
    16. spot - on ™ is cost efficient spot - on ™ currently Testing and evaluation quick and rough production presentation and revisions creative exploratory $10,000 $0 $6000 $6000 $50,000 $75,000 $12,000 $6000
    17. what advertising agencies say
    18. “ this means we could come to our clients faster, with more ideas -- having already gotten valuable feedback from consumers when we present them. it could change the way everybody thinks about advertising” - kevin roberts, ceo, saatchi advertising
    19. “ this is a great tool for storyboarding and presenting ideas. the real win for us, though, is that we’re able to avoid the blood, sweat and tears of quick and rough production” - mary bishop, exec vp, leo burnett advertising
    20. what advertisers say
    21. “ it allows us to work faster and it involves the consumer at every step. better yet, it means we can actually be more creative.” - bob’s golf buddy, brand director, purex
    22. “ anything that makes us work more cost efficiently without sacrificing valid consumer input is something we need, particularly these days” - greg shearson, vp brands, Quaker Oats
    23. the current market potential
    24. $850 million in test production costs
    25. $2.5 billion in testing costs
    26. the business plan
    27. “ the first one is free”
    28. give spot - on ™ to one advertiser and their agency
    29. use spot - on ™ to create and test commercials for one brand
    30. publicize spot - on ™ ease-of-use, cost efficiency and testing viability via testimonial from creative, research and brand people
    31. use spot - on ™ initial publicity to interest 10-20 advertiser and agency early adopters
    32. provide free software and on-site help to spot - on ™ early adopters in exchange for further testimonial
    33. send spot - on ™ demo and initial results to key creatives, research and brand people
    34. hold spot - on ™ seminars for agency creatives to build awareness and distribute free demos
    35. hold spot - on ™ seminars for advertiser and agency research directors to demonstrate ease-of-use, cost savings and viability
    36. develop spot - on ™ website to provide help, free tools, tips and feedback forums for users
    37. stage free spot - on ™ workshops at agencies to further understanding of product
    38. set up spot - on ™ “best test commercial” award and display entries on website
    39. give spot - on ™ free to universities such as pratt, syracuse and school of visual arts -- for use by advertising majors
    40. stage spot - on ™ screening of early test spots at movie theatre for ad age, ad week, brand week, wall street journal and new york times
    41. the goal
    42. capture 15% of the test production market by year two
    43. capture 5% of the total test market by year two
    44. the players
    45. brian phelps, chief executive officer has been in software development for over 15 years and ceo of 3 software companies
    46. steve tice, chief technology officer developed spot - on ™ and has been a software and game engine developer for 25 years
    47. bob sukys, director of advertiser marketing has been a commercial production supervisor and marketing consultant for 20 years
    48. bill vernick, director of agency marketing has been an advertising creative director and marketing consultant for 20 years
    49. development costs
    50. $1.1 million to finish software
    51. $.7 million to create online research portal
    52. $.7 million to publicize and market product
    53. spot - on ™ easy does it
    54.  

    + steve ticesteve tice, 9 months ago

    custom

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    Procter and Gamble and QuantumWorks funded prototyp more

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