Final Presentation 5 2

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Final Presentation 5 2

  1. 1. The 5 th Team Presentation A media convergence group
  2. 4. Unique? Algorithm=Personalization
  3. 5. “ Explore New Things Without Leaving Your Comfort Zone”
  4. 6. Like Minds Like Taste Like Me
  5. 7. 18-24 Year Old Market <ul><li>In transition </li></ul><ul><li>Entering college </li></ul><ul><li>Coming to a new place, meeting new people </li></ul><ul><li>Still have a desire to fit in </li></ul>
  6. 8. Explore Constantly
  7. 9. Clings <ul><li>Gets name out in public eye </li></ul><ul><li>Drive curiosity and thus traffic </li></ul><ul><li>Can be easily removed and replaced </li></ul><ul><li>Size: 4 x 6 </li></ul><ul><li>1000 clings, printed at $3.50 each = $3500 </li></ul>
  8. 12. Brand Management and Promotions Internship <ul><li>Reach our market directly by using people they will actually listen to: Peers </li></ul>
  9. 13. Recruitment
  10. 14. Recruitment
  11. 15. Compensation
  12. 16. Responsibilities <ul><li>Attend Campus </li></ul><ul><li>Welcome Events </li></ul>
  13. 17. Responsibilities <ul><li>Review Different places in town </li></ul>
  14. 18. Responsibilities <ul><li>Connect and Contact LikeMe members in local area </li></ul>
  15. 19. Responsibilities <ul><li>Submit monthly reports to supervisor </li></ul>
  16. 20. Responsibilities <ul><li>Guerilla Tactics </li></ul><ul><li>Develop new tactics </li></ul>
  17. 21. Responsibilities <ul><li>Important note of Responsibility: </li></ul><ul><ul><li>Interns should not include in recommendations any reference to his or her participation in illegal activities. Those interns under 21 may not post any recommendations or pictures that allude to his or her consumption of alcohol. </li></ul></ul>
  18. 22. Supervisor Responsibilities <ul><li>400 hours/year for every 5 interns </li></ul><ul><ul><li>Intern recruitment and selection </li></ul></ul><ul><ul><li>Training </li></ul></ul><ul><ul><li>Regular supervision/communication </li></ul></ul>
  19. 23. Cost <ul><li>Flyers (500-4/pg) $250 </li></ul><ul><li>Business Letters (250) $150 </li></ul><ul><li>Business Clings (250) $875 </li></ul><ul><li>Clings (1000) $3,500 </li></ul><ul><li>Intern Prizes $400 </li></ul><ul><li>Staffing ($8/hr) $3,200 </li></ul><ul><li>Facebook Ad $6,958 </li></ul><ul><li>TOTAL $15,333 </li></ul>
  20. 24. Viral Video Campaign
  21. 26. <ul><li>Viral Video Contest </li></ul><ul><li>How Contest will work </li></ul><ul><ul><li>Website members will submit unique videos on a topic specified by LikeMe.net </li></ul></ul><ul><ul><li>Winners will be decided on number of votes </li></ul></ul><ul><ul><li>$50 gift certificate to recommended location </li></ul></ul>
  22. 30. Facebook Application
  23. 31. Facebook Advertising
  24. 32. Explore Constantly!
  25. 33. Research for LikeMe.net <ul><li>Changes made are great! </li></ul><ul><li>People don’t trust web as much as people </li></ul><ul><li>Not a dating website </li></ul><ul><li>Our research was confirmed by other groups </li></ul><ul><li>Suggestions: </li></ul><ul><ul><li>Video </li></ul></ul><ul><ul><li>Qualifying recommendations </li></ul></ul>
  26. 35. Quality
  27. 37. Quality of Rock n’ Roll
  28. 38. <ul><li>Owning a piece of this art establishes you as VIP </li></ul>
  29. 39. <ul><li>LIVE Backstage </li></ul>
  30. 40. 24-33 Year Old Market <ul><li>Young, Hip and Single </li></ul><ul><li>Spend $$ on themselves </li></ul><ul><li>@ Happy Hours, Concerts and out on the weekends </li></ul>
  31. 41. Living Backstage <ul><li>Live backstage experience by owning a VIPiece of art </li></ul><ul><li>Live backstage everyday with favorite musicians on the wall in their homes </li></ul>
  32. 42. Web Advertising for 10,300,693 page views a month $8 CPM 40,000 new users a day thanks to the iPhone $8 CPM Rectangle + Panel Buy Duration: 3-4 weeks CPM: $7 Impressions: 400,000 Total: $2800
  33. 43. Viral Video Campaign
  34. 45. <ul><li>Viral Video Contest </li></ul><ul><li>Key is creating awareness of brand and product </li></ul><ul><li>How contest will work </li></ul><ul><ul><li>Topic and requirements for video outline by backstagegallery.com </li></ul></ul><ul><ul><li>Winner decided by voters </li></ul></ul><ul><ul><li>1 unframed photo </li></ul></ul>
  35. 47. Recognizing Quality <ul><li>Aesthetic level </li></ul><ul><ul><li>More than a tacky concert poster </li></ul></ul><ul><li>Personal level </li></ul><ul><ul><li>Connects users with musicians </li></ul></ul>
  36. 48. Enhancing Quality <ul><li>Need to be more Current </li></ul><ul><li>Great Job at South by Southwest (SXSW) </li></ul>
  37. 50. Summer Festivals Warren Haynes of The Allman Brothers (100), Matisyahu (9) Who You Should Have : STS9 The Grateful Dead (56), Bob Dylan (191) Who You Should Have : Guster David Bryne (33), Emmylou Harris (12) Who You Should Have : Zac Brown Band Bonaroo – Bruce Springsteen (270), Al Green (16) Who You Should Have : Phish Dave Navaro (44), Lou Reed (9) Who You Should Have : Kings of Leon
  38. 51. Business Cards High Quality Printing: 2,000 Cards for $1000
  39. 52. <ul><li>Living Backstage = VIP Status </li></ul><ul><li>VIP Access = Backstage Passes </li></ul>
  40. 53. Backstage Passes <ul><li>High quality passes to match high quality art </li></ul><ul><li>Custom Printing @ $.80 $4,000 </li></ul><ul><ul><li>Lanyards @ $.51 $2,550 </li></ul></ul><ul><ul><li>Clear Holders @.18 $900 </li></ul></ul><ul><ul><li>Total Cost 5,000 Passes: $7450 </li></ul></ul>
  41. 54. Purpose of the VIP Art Showing <ul><li>Raise brand awareness </li></ul><ul><li>Showcase quality </li></ul><ul><li>Sell artwork </li></ul><ul><li>Build up community </li></ul>
  42. 55. Event Budget <ul><li>Passes (150)= $192 </li></ul><ul><li>Venue (for 4 hours)= $600-$1600 </li></ul><ul><li>Food and Beverage = $4920 </li></ul><ul><li>Entertainment/Audio=$200-$400 </li></ul><ul><li>Merchandise Cost= $1812.50 </li></ul><ul><li>TOTAL COST= $7724.50- $8924.50 </li></ul><ul><li>Possible Merchandise Sale= $7250 </li></ul>
  43. 56. Research <ul><li>Social networking site, or not </li></ul><ul><li>Live Backstage </li></ul><ul><li>Search </li></ul><ul><li>Quality </li></ul><ul><li>Suggestions: </li></ul><ul><ul><li>Search friends </li></ul></ul><ul><ul><li>Search concerts, venues, make current </li></ul></ul>
  44. 57. Review <ul><li>Live Backstage </li></ul><ul><ul><li>Owning this Piece of Art Establishes your status as a VIP </li></ul></ul><ul><li>Tactics </li></ul><ul><ul><li>Internet Music Advertising </li></ul></ul><ul><ul><li>Business Cards @ concerts </li></ul></ul><ul><ul><li>Backstage Passes </li></ul></ul><ul><ul><li>Viral Videos </li></ul></ul><ul><ul><li>VIP Art Event </li></ul></ul>
  45. 58. Review <ul><li>LikeMinds, LikeTaste, LikeMe </li></ul><ul><ul><li>Explore new things without leaving your comfort zone </li></ul></ul><ul><li>Tactics </li></ul><ul><ul><li>Clings </li></ul></ul><ul><ul><li>Internship program </li></ul></ul><ul><ul><li>Viral Videos </li></ul></ul><ul><ul><li>Facebook application </li></ul></ul><ul><ul><li>iPhone application </li></ul></ul>
  46. 59. Thank You! Questions?

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