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Divya Achtani Siddharth TripathyMurtaza Bambot Rehman Pirani
Agenda
1. Case Introduction
2. Framework
3. Case Analysis and Recommendations
4. Risk Analysis
5. Vision 2020: 5-year plan
Case Introduction
Situation
 Maintained an elite status with increasing revenue
 Strong international presence
 Unique work-environment and organization structure
Complication
Demand for digital content
Rising competition online
Affordable, interactive marketing strategies
Question
How should The Economist leverage “Mass Intelligence” in order to maintain its
brand identity and ensure future growth?
Recommendation
Digital
Content
Business Model
The E-College-ist
Print Marketing
Advertising Revenue
Content Business Model The E-College-ist
Digital
New Topics
 Comedy/satire
 Career advice
 Music, Movies, & Entertainment
Content Business Model The E-College-ist
Digital
New Layout
Content Business Model The E-College-ist
Digital
Only buy the topics you’re interested in.
TopicShopping
 $15/yr for one topic, $25/yr for two
 2 months free and reduced prices with an .edu address
Content Business Model The E-College-ist
Digital
Ads in Apps
On Campus
Social Media
Phase 1: Identify popular mobile apps in
Google Play/App Store and advertise
Phase 2: Increase visibility by collaborating with
aggregator apps
Two Phase Approach
Ads in Apps
On Campus
Social Media
Content Business Model The E-College-ist
Digital
Brand Ambassador Program
Initial Strategy,
$25,000
Training,
$120,000
Compensation,
$60,000
Total Costs: $205,000
1. Increase Product
sales by 10% to
ages 18-29
2. Increase online
brand presence by
10%
9 Month Goals
**Done through UC and Ivy
League system (13
universities)
Content Business Model The E-College-ist
Digital
#TheECollegeist
Spread the word to 215 million
Share articles, videos, and podcasts
Connect with on and off campus students
Ads in Apps
On Campus
Social Media
Marketing
Advertising . . . .
. . Revenue
The E-Collegeist
Print
Create and promote large scale viral videos
1. Public
Involvement
2. Incorporate “Mass
Intelligence”
3. Emotional Appeal
$0
$100
$200
$300
$400
$500
The Economist Time Forbes
Millions
Print Revenue (USD) 2008
Marketing
Advertising . . . .
. . Revenue
The E-College-ist
Print
0
5
10
15
20
25
30
The Economist Time Forbes
Hundreds
Number of Advertising Pages
The Economist Circulation: 766,726
Forbes Circulation: 923,321 20%
156%
Marketing
Advertising . . . .
. . Revenue
The E-College-ist
Print
0
5
10
15
20
25
30
The Economist Time Forbes
Hundreds
Number of Advertising Pages
0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
0.16
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4
2014 2015 2016 2017 2018 2019
USDperadpage
Projected USD per ad page per Circulation
Increase ad revenue by
15% each year
Advertising Revenue:
From $131.5 m (2008)
To $342.6 m (2019)
**Not adjusted for circulation change
Risk Mitigation
 New Topics
 The E-college-ist
 Apps
 Viral Ads
YEARS
ACTIVITY 2014 2015 2016 2017 2018 2019
Advertising through apps
Use of aggregator apps
Viral ads
Amazon Prime
Reorganize The economist app
Topic shopping
New fresh topics
College brand ambassadors
Social media campaign
Print advertising revenue increase
5 Year Plan
Thank you for
your time.
Questions?
Sources
http://www.economistgroup.com/pdfs/annual_report_2013_final_for_web.pdf
http://www.americanpressinstitute.org/publications/reports/survey-
research/personal-news-cycle/
http://www.mackcollier.com/how-much-does-a-brand-ambassador-program-cost/
http://stateofthemedia.org/2012/magazines-are-hopes-for-tablets-
overdone/magazines-by-the-numbers/
http://www.google.com/url?q=http%3A%2F%2Fwww.entrepreneur.com%2Farticle
%2F217344&sa=D&sntz=1&usg=AFQjCNFshiWMWoWVge1fVmQEVFFsk0N1Kw
http://www.google.com/url?q=http%3A%2F%2Ftinyurl.com%2F2skej3&sa=D&sntz
=1&usg=AFQjCNH6-oHE2BPhvT8uiDZSKcqEJjay4Q
http://www.google.com/url?q=http%3A%2F%2Fwww.rasmussen.edu%2Fstudent-
life%2Fblogs%2Fcollege-life%2Fcollege-student-smartphone-news-
consumption%2F&sa=D&sntz=1&usg=AFQjCNGkHtfQ_PlDIrnaa9-mCmR4zIrPmQ

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Undergraduate Consulting Club Case Competition - GT AKPsi

Editor's Notes

  1. {rinceton Harvard, Yale, Brown, Datthmotuh, Penn, Cornell, Columbia, Fiskateers program doubled sales in 4 cities within 9 months and increased online mentions by 240%
  2. Point about making mutual partnerships with companies who want to advertise through us as well as let us advertise through them
  3. Topic Shopping Flaky Customers – less brand loyalty Solution: ?? New Topics May weaken brand image Solution: Communicate changes through media campaign and blogs E-collegeist Why would college students buy this? Solution: Bridge connections with companies Apps May not reach target audience Solution: Do online surveys and polls in order to get feedback Brand Ambassadors Hard to spread word Solution: Efficient hiring process which selects passionate people as brand ambassadors Viral Ads May not engage correct audience/ backfire Solution: Proper background research and planning College College kids may not pay for this Solution: Subsidized prices