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Effective
                 Advertising
                 Methods:
                 Promoting




Rebecca Hudish
Jamie Lavin
Lauren Rossi
Devin Weakland
MyCollegeSublets.com
a  website service that matches a
  temporary renter to an existing lease.
 database includes every
  college/university in the U.S.
 Free of charge


     http://mycollegesublets.com/
Management
Decision Problem:
 The  developers of MyCollegeSublets.com
  are lacking a marketing plan to spread
  awareness of the website on college
  campuses.
 They need to create an effective
  advertising campaign in order to promote
  their site.
Market Research Problem:
 Tofind the most effective advertising
 methods that would attract Penn State
 students to the site.
Purpose:
 To find the overall attitudes towards
  college subletting within the Penn State
  community
 To find the most effective advertising
  methods to promote
  MyCollegeSubets.com at Penn State
Survey:
 Administered a survey to a sample size of
  75 Penn State students
 Survey was divided into 2 sections:
     Overall attitude towards subletting
     Overall attitude towards on-campus
      advertising
How many years do you plan
on living off-campus?

               7%
                    15%
          8%
                                1 year

                                2 years

                                3 years


    29%                         4+ years

                                do not plan on living off
                          41%   campus
Reasons why students may leave Penn
State for an extended period of time:
 Summer   break/internship/study abroad
 Fall co-op/study abroad
 Spring co-op/ study abroad



   93% of our respondents indicated they
    would leave campus for one of these
    reasons.
Advertising To Sell:
80

70

60

50

40

30

20

10

 0
     Facebook   Twitter   Word of   Craig's List   Sublet    Flyer   Community   Other
                          Mouth                    Website            Bulletin
                                                                       Board
If you saw a website solely for
subletting, how likely would you be to
access the website?


          Probably Not
             Access
              17%

                          Definitely Access   Definitely Access
                                 29%          Probably Access
                                              Probably Not Access

        Probably Access                       Definitely Not Access
             54%
Advertising To Buy:
60

50

40

30

20

10

 0
Only   2 respondents (2.7%)
 indicated that they have sublet
 their apartment to another
 individual in the past.
Most Effective Advertising
Methods:
 60

 50

 40

 30

 20

 10

  0
How long do you think the average
college student spends on social
media sites?

40

35

30

25

20

15

10

 5

 0
     0-15 Minutes   16-30 Minutes   31-59 Minutes   1-2 Hours   2+ Hours
 Approximately   79% of respondents
 indicated that they read the daily
 collegian at least once per week.
 Approximately   25% of respondents
 indicated that they read the daily
 collegian 4-5 times a week.
Bivariate: Correlation between respondents
  who read the newspaper and read the ads in
  the Daily Collegian
          Correlations
                                                                                    Ho: ρ=0
                                                                                    HA: ρ≠ 0
                                                     Newspaper       CollegianAds
Newspaper                          Pearson                       1          .250*   a=0.05
                                   Correlation


                                   Sig. (2-tailed)                           .031   P=0.031

                                                                                    Reject null
                                   N                         75               75
CollegianAds                       Pearson                 .250*                1
                                   Correlation                                      hypothesis
                                   Sig. (2-tailed)          .031
                                                                                    r=.250
                                   N                         75               75
*. Correlation is significant at                                                    There is a slightly
the 0.05 level (2-tailed).
                                                                                    positive correlation. 
Bivariate: Who spends more time
on social media sites: men or
women?
               SocialMedia * Gender Crosstabulation
                                                                                     Ho: There is no difference between
 Count
                                                                                     the amount of time each gender
                                            Gender
                                                                                     uses social media
                                     Male         Female         Total
                                                                                     HA: There is a difference between
 SocialMedia        16-30 min                 3            3              6
                                                                                     the amount of time each gender
                    31-59 min                 8            5             13
                                                                                     uses social media
                    1-2 hours                10           26             36
                    3-4 hours                 7           13             20
                                                                                     a=0.05
 Total                                       28           47             75

                                Chi-Square Tests                                     x2= 5.119
                                                               Asymp. Sig. (2-
                                     Value           df            sided)
                                                                                     p=0.163
 Pearson Chi-Square                    5.119a              3                  .163
 Likelihood Ratio                      5.026               3                  .170
                                                                                     Do NOT reject the null hypothesis.
 Linear-by-Linear Association          1.961               1                  .161
 N of Valid Cases                            75
                                                                                     There is no difference between the
 a. 3 cells (37.5%) have expected count less than 5. The minimum
                                                                                     genders in the population.
 expected count is 2.24.
Bivariate: Would people who are
considering subletting access the website?
                                                                                    Zdifference test= -0.877

                                                                                    Ho: µ1=µ2
                                                                                    HA: µ1≠ µ2

                              Descriptive Statistics
                                                                                    a=0.05
                     N         Minimum      Maximum      Mean      Std. Deviation
Consider                 75          1.00        11.00    1.8267          1.33936
                                                                                    p= 0.380
Access                   75          1.00        11.00    2.0133          1.24654
Valid N (listwise)       75
                                                                                    Do NOT reject the null
                                                                                    hypothesis


                                                                                    There is no difference
                                                                                    between respondents
                                                                                    who are considering
                                                                                    subletting and those
                                                                                    who would access the
                                                                                    website.
Limitations
   Non-probability sample
     Convenience
     Judgment
   Small sample size
     Sample size: 75 Penn State students
     63% of respondents were female
     39% of the respondents were juniors

   Spurious correlations
     Lack of skip intervals for some questions
Recommendations
   1. Social Media
       Facebook
       Gender-neutral advertising
       Unlimited reach
   2. Newspapers
       The Daily Collegian
   3. Free promotional merchandise
       Brand awareness
   4. New logo
       Fit advertisement space
       Draws attention
       Represents target market
Current Logo
Questions/comments?

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Mktg 342 Presentation

  • 1. Effective Advertising Methods: Promoting Rebecca Hudish Jamie Lavin Lauren Rossi Devin Weakland
  • 2. MyCollegeSublets.com a website service that matches a temporary renter to an existing lease.  database includes every college/university in the U.S.  Free of charge  http://mycollegesublets.com/
  • 3. Management Decision Problem:  The developers of MyCollegeSublets.com are lacking a marketing plan to spread awareness of the website on college campuses.  They need to create an effective advertising campaign in order to promote their site.
  • 4. Market Research Problem:  Tofind the most effective advertising methods that would attract Penn State students to the site.
  • 5. Purpose:  To find the overall attitudes towards college subletting within the Penn State community  To find the most effective advertising methods to promote MyCollegeSubets.com at Penn State
  • 6. Survey:  Administered a survey to a sample size of 75 Penn State students  Survey was divided into 2 sections:  Overall attitude towards subletting  Overall attitude towards on-campus advertising
  • 7. How many years do you plan on living off-campus? 7% 15% 8% 1 year 2 years 3 years 29% 4+ years do not plan on living off 41% campus
  • 8. Reasons why students may leave Penn State for an extended period of time:  Summer break/internship/study abroad  Fall co-op/study abroad  Spring co-op/ study abroad  93% of our respondents indicated they would leave campus for one of these reasons.
  • 9. Advertising To Sell: 80 70 60 50 40 30 20 10 0 Facebook Twitter Word of Craig's List Sublet Flyer Community Other Mouth Website Bulletin Board
  • 10. If you saw a website solely for subletting, how likely would you be to access the website? Probably Not Access 17% Definitely Access Definitely Access 29% Probably Access Probably Not Access Probably Access Definitely Not Access 54%
  • 12. Only 2 respondents (2.7%) indicated that they have sublet their apartment to another individual in the past.
  • 13. Most Effective Advertising Methods: 60 50 40 30 20 10 0
  • 14. How long do you think the average college student spends on social media sites? 40 35 30 25 20 15 10 5 0 0-15 Minutes 16-30 Minutes 31-59 Minutes 1-2 Hours 2+ Hours
  • 15.  Approximately 79% of respondents indicated that they read the daily collegian at least once per week.  Approximately 25% of respondents indicated that they read the daily collegian 4-5 times a week.
  • 16. Bivariate: Correlation between respondents who read the newspaper and read the ads in the Daily Collegian Correlations Ho: ρ=0 HA: ρ≠ 0 Newspaper CollegianAds Newspaper Pearson 1 .250* a=0.05 Correlation Sig. (2-tailed) .031 P=0.031 Reject null N 75 75 CollegianAds Pearson .250* 1 Correlation hypothesis Sig. (2-tailed) .031 r=.250 N 75 75 *. Correlation is significant at There is a slightly the 0.05 level (2-tailed). positive correlation. 
  • 17. Bivariate: Who spends more time on social media sites: men or women? SocialMedia * Gender Crosstabulation Ho: There is no difference between Count the amount of time each gender Gender uses social media Male Female Total HA: There is a difference between SocialMedia 16-30 min 3 3 6 the amount of time each gender 31-59 min 8 5 13 uses social media 1-2 hours 10 26 36 3-4 hours 7 13 20 a=0.05 Total 28 47 75 Chi-Square Tests x2= 5.119 Asymp. Sig. (2- Value df sided) p=0.163 Pearson Chi-Square 5.119a 3 .163 Likelihood Ratio 5.026 3 .170 Do NOT reject the null hypothesis. Linear-by-Linear Association 1.961 1 .161 N of Valid Cases 75 There is no difference between the a. 3 cells (37.5%) have expected count less than 5. The minimum genders in the population. expected count is 2.24.
  • 18. Bivariate: Would people who are considering subletting access the website? Zdifference test= -0.877 Ho: µ1=µ2 HA: µ1≠ µ2 Descriptive Statistics a=0.05 N Minimum Maximum Mean Std. Deviation Consider 75 1.00 11.00 1.8267 1.33936 p= 0.380 Access 75 1.00 11.00 2.0133 1.24654 Valid N (listwise) 75 Do NOT reject the null hypothesis There is no difference between respondents who are considering subletting and those who would access the website.
  • 19. Limitations  Non-probability sample  Convenience  Judgment  Small sample size  Sample size: 75 Penn State students  63% of respondents were female  39% of the respondents were juniors  Spurious correlations  Lack of skip intervals for some questions
  • 20. Recommendations  1. Social Media  Facebook  Gender-neutral advertising  Unlimited reach  2. Newspapers  The Daily Collegian  3. Free promotional merchandise  Brand awareness  4. New logo  Fit advertisement space  Draws attention  Represents target market