Pujalista is launching an online cent bidding platform in Spain called Cent Bidding. Their target segments are women ages 25-45 and men ages 18-35. Their marketing objectives are to acquire 200,000 unique customers per month and €8 million in sales in the first year. Their promotion plan includes a blended approach using various online and offline tactics like viral videos, guerrilla marketing, social media marketing, blogs, and search engine optimization.
2. Please Tweet and update Facebook
Does everyone have their phone
ON?
Hashtag #Pujalista_GroupE
3. Agenda
The Context
Market Demographics and Segmentation
Positioning
Marketing Objectives
Product, Price and Place
Promotion: A Blended Marketing Plan
Critical aspects: Loyalty and Trust
Financial Budget and Prospects
4. The Market
Online Gambling Online Auction
250 websites
€400 million 4 million single
sales in 2010 visitors monthly
Cent Bidding
5. The Business
CENT BIDDING
“in part a shopping experience, in part online gambling”
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6. Some Competitors
“With nearly 150 websites dedicated
to penny sales dotting the Internet
…
the landscape is ripe for growth.”
The Denver Post 25/01/10
7. Competitors
18 countries, 14
different
languages
Offices in New
Poor ranking on
York, Perth and
Search Engines
Malta
Product
categories, but Pujas at € 0.50
no clear star each
products
Bidding time as
short as 15 sec
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8. Spain’s Online Demographics
Percentage Number
Total population Online 62.20% 29,094,000
E-commerce users 17.40% 8,138,836
Gender Age
65 and above 5.40%
55-64 8.10%
14.90%
45-54
55% 35-44 23.70%
45%
25-34 26.70%
20-24 10.40%
Men Women 14-19 10.80%
Souce: Instituto Nacional de Estadistica, October 2011
9. Spain’s Online Demographics
Age Total Involved in
distribution Percentage Online E-Commerce Males Females
14-19 10.80% 3,142,152 878,994 483,447 395,547
20-24 10.40% 3,025,776 846,439 465,541 380,898
25-34 26.70% 7,768,098 2,173,069 1,195,188 977,881
35-44 23.70% 6,895,278 1,928,904 1,060,897 868,007
45-54 14.90% 4,335,006 1,212,687 666,978 545,709
55-64 8.10% 2,356,614 659,246 362,585 296,661
65 and above 5.40% 1,571,076 439,497 241,723 197,774
Total from the 3
segments 18.998.382 5.314.660 2.923.063 2.391.597
Souce: Instituto Nacional de Estadistica, October 2011
10. Segmentation & Targeting
Men 18-35 Women 25-45
Marital Status Single Single/Married
Un Employed/Part Time
Employment Un/employed
Students
Purchase Pattern Conservative Impulsive
Products Attention Grabbers Standard Offers
Preferred products Electronics, Sports Travel &leisure, Fashion
Disposable Income 700 Euros 2,000 Euros
Women between 25-45 & Men between 18-35 are the most attractive segment for
Pujalista’s positioning!
Lots of free time, Willing to try new products, Seek new time productive alternatives.
Function as influencers of the broader market.
Social Active: Social media, Group activities, Coffee Shops.
Impulsiveness & more disposable income suggests less price sensitivity
11. Positioning
For those who seek new opportunities,
PujaLista
is an online cent bidding platform
that can make your dreams come true
because it offers you great products at the lowest price,
through a safe and fun experience.
12. Marketing Objectives
200.000 unique customers per month
€ 8 million sales in year 1
Establish Pujalista as the Cent Bidding
premier brand in the Spanish Market
75% monthly retention rate
13. Product: the bid
1 A digital, Intangible product 10 30 50
2 Bid “packaging”: price per bid
€€€ €€ €
reduces as package size
increases
3 Countdown bid time: Accelerates
towards reaching the “ceiling”
4 Ceiling price: Lower for higher cost
products (e.g. from 20% to 10%)
5 Personalization:
Ability to search by product category / type / brand
“Wish list” – notification system for specific products
Recommendation system according to user history of purchases
12
14. Product: the offered products
The product offerings will be STAR
“Attention grabber” STANDARD
Standard offers
divided into the following categories: PRODUCTS PRODUCTS
Consumer electronics
Travel & Leisure
Fashion
Sports
Furniture
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15. Market based Pricing Strategy
The ultimate goal is price parity or higher than competitor. The brand equity of the “sister”
brands in northern Europe countries suggest that premium price be possible (if trust is
established). Prices should be increased gradually, supported by incremental marketing
spending
1 2
Bid price Product price ceiling
(% of retail price)
Bid price Retail
price
Ceiling
No. of bids Product price
(% of retail price)
14
16. Place
Website Mobile / Tablet Apps
The main platform Enables smart-phone / tablet
for Pujalista users to access and
Products are participate in the auction
displayed according Increases the accessibility of
to categories the service, raises user
engagement and promotes
more spontaneous auctioning
Facebook App Pre-paid Bid Cards
Enables Facebook Available in news stands
users to to buy For users concerned in
bids disclosing credit card
News feed information online
Word-of-mouth Available only during the
within Facebook launch phase and to be
friends phased out as Pujalista gains
Helps to build trust customer trust
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17. Promotion: a blended mktg plan
Market Research
Active : E-Surveys, E-mail Marketing
Passive: VRM
Creating Trust
Blogs , User Communities on Pujalista’s website , Social Media Interactions
Brand Building
Social Gaming, Social Media Marketing, Bus-stop billboards
Customer Customer
Buzz Creation Drawing-in Traffic
Engagement Retention
Guerrilla Marketing SEO & SEM User communities eCRM
Viral Marketing Rich-media ads Social Media Marketing E-mail Marketing (pull)
Social Gaming QR Codes Blogs SMS Marketing (pull)
e-Coupons Personalization Personalization
Mobile advertising Social Gaming Remarketing
Social Media Marketing
Phase I Phase II
0 1 2 3 4 5 6 7 8 9 10 11 12
Months
18. Viral promotion
Objective
Communicate the brand
Create e-buzz (conversational capital)
Build traffic
How
Viral video based on an offline event during the first month of
launch
Uploaded on social media e.g. youtube, facebook and other
websites
Offline event: during the championship
Advertise on a maxi screen in Santiago Barnabeu Pujalista
Bid for one ticket of the League with a weekend transfer
Invite people to bid during the break, giving free Pujas to
the first 50 activating bluetooth.
Bid allowed through SMS
Record a video with the following message: “Why are
people so quiet in a stadium? Another match is
keeping them busy…Pujalista, pujas por tu suenos!!”
Put the winner on the maxi screen
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19. Guerrilla
Objective How
Direct interaction with customers Local event in Plaza del Sol (Madrid) and
Create a customer experience and build Ramblas (Barcelona)
buzz around the brand (conversational Flash mob
capital) Plus simultaneous bidding
1
http://www.youtube.com/watch?v=VQ3d3KigPQM&feature=player_embedded
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20. Guerrilla
3
Bus stop ads: chairs in the shape of chips (pujas)
2
“Street art”: stickers on bins with the slogan:
“ Don’t throw your dreams: puja por tu suenos”
4
21. Guerrilla
5 How
Ads on billboards. Redirect users to:
Viral video
Company website
Special offers
Discount coupons
Allow metrics of offline marketing tools
6
http://thebizloft.com/content/qr-code-quarkode-profila-gli-utenti/
22. Social media marketing
Facebook Ads on profiles of target segments Focused campaign
Ads re-directed to Pujalista with option to Easy and quick registration
import personal information for registration
Allow friends from FB to see who joined
Automatic newsfeed updates Pujalista and what items they won (create
engagement and trust)
“Get a buddy” campaign “Invite 10 friends and get 20 free bids”
(referral marketing and virality)
Metrics
# CTR
# Conversion rate
# fans or followers
# tweets per minute
# re-tweets or comments
# subscribers
# likes
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23. Corporate blog
Content
Upcoming events
Product releases
Videos: educational information
Not overly promotional “A dead blog is worse
Polls to engage users (“Which product than no blog”
would you like to see in Pujalista?”)
Winner’s panel
Distribution through Social Media
Metrics
# Visitors
# Page views
# of inbound links created
# of comments
# RSS subscribers
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24. E-research
Objectives
See who is the customer (target refining)
Check what he wants
Adapt the offer (product tuning)
How
Passive search: VRM
Social media tracking
Website/blog KPI’s
Keywords KPI’s
Active search
E- surveys (facebook polls,
e-mail surveys)
Give free pujas/ discounts in
exchange for surveys
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25. Most Widely Visited Websites
Top 10 website categories in Spain ranked by unique visitors
Sports 54%
Newspapers 55%
Photos 55%
Downloads 58%
Blogs 65%
Multimedia 71%
E-mail 73%
Search/Navigation 92%
Portals 100%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
September 2010 (Total Spanish audience, age 6+, Home & work):
Total Internet: 23,067,000 unique visitors (100.0 % reach)
Source: Instituto Nacional de Estadistica, October 2011
26. SEO (“free” organic traffic)
Objectives Where
Look good on Google On site
Look good for the right keywords URL, titles and meta
tags
How Content
Landing pages
Keyword research Off site
Content creation Press releases
Articles
Interviews
"How-to"s
Posts on forums
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27. SEM (paid traffic)
Objectives
To get traffic, we can’t get
organically
Increase traffic and revenue fast
(SEO takes time)
Good SEO lowers cost of ads and
improves results
How Where
Keyword research Mostly Google AdWords
Need huge lists with long tails Other search engines
Split testing ads and optimized AdSense and ad networks
landing pages
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28. SEO and SEM
COST SOME
METRICS
TOOLS
Traffic Market Samurai
Not expensive Conversions Senuke
SEO
Organic Ranking Google Analytics
Impressions and
Keyword Spy
As much as CTR
SEM A/B testing
possible Conversions
Google Analytics
ROI
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30. Affiliate Marketing
What is it?
Affiliates are paid a percentage
Getting other people to do your jobs
Filling in the blanks
Some strategies affiliate marketers use:
Review sites
Tips and strategies
Articles
Classified Ads
Posts on forums
Videos
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33. Visitor Relationship Mgmt
Objective
Development of more user-friendly website
Converting visitors to customers
Metrics How
Collect data about navigation patterns of
Conversion Rates anonymous users
Dropout rates Analyze data to identify visitor
preferences
Modify website according to analyzed
data
Tools
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34. E- CRM
Objectives
Improve customer satisfaction Personalize marketing messages
Reduce customer-service cost Enable mass customization
Metrics How
Customer satisfaction ratings Active and passive data collection
Number of sales per registered user Data aggregation
Sales amount per registered user Analysis and implementation
Tools
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35. Email & SMS
Objectives Metrics
Helps in personalization by linking it to e- Click Through Rates
CRM Bounce Rate
Keeps the user connected to Pujalista List size
Helps in customer retention New Subscriptions
36. Online Configurators
Objective
To improve user-experience
To collect data about user preferences
Metrics How
Customer satisfaction ratings
Customer satisfaction ratings
Number of sales per registered user
Number of sales per registered user
Customer interaction and feedback
Sales amount per registered user
Tools
1/12/2013 35
37. User Community on Website
Objectives Metrics
Builds trust Number of active users
Engages customers Number of unique registered
Creates brand ambassadors users/Number of visitors
Number of posts
Create your Pujalista profile
Find out who else is bidding. Check
out their “Pujalista profiles”!!!
Chat with fellow bidders!
38. Social Gaming
Objectives Metrics
Engages target customers Number of unique users
Creates conversational capital Conversion Rate
Brings user traffic Number of game invitations sent
Example
Virtual Treasure Hunt
Multiplayer Facebook Game
Winning Prize – 100 Pujas
39. Mobile Advertising
Objectives Metrics
Builds Brand Click Through Rate
Brings User Traffic Conversion Rate
”In-app ads perform 11.4 times better than standard banner ads, which means they are almost
as effective as search.” - Appsavvy
Buy Bids
Bid Now
Live Bids!
Sold for €50!
40. Building Trust
Offline sale of Pujas
News stands
Tobaccos
Secured online payments
PayPal
Verified by VISA
Blog and internal communities
Referral marketing
Real people posting comments
Tutorial
How does the bid work?
Facebook campaign/app
Referrals
Notification when people purchase bids
1/12/2013 39
41. Loyalty
How to Retain Customers
Personalization of the web page (profile, interests, customized notification)
Create a wish list and notify people when the new products will be introduced
Provide discounted pujas after a certain number of bids
Give free bids to the lowest performers
Enroll people to a loyalty program giving the members certain personalised customer
services like a small gift on their birthdays or points for every 500 bids they buy which
they can en-cash in a store
“Tricks and tips for a perfect bidder” tutorial
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42. Digital Marketing Plan
PERSONALIZATION
PREDICTIVE MODELLING
Online Configurators
VRM
Wishlists
E - surveys
Customized notifications
DIGITAL MARKETING
PLAN
PARTICIPATION
PEER-TO-PEER
User networks on Pujalista’s website
User networks on Pujalista’s website
Company blog
Company blog
Facebook community pages
Viral video
Wishlists
Facebook community pages/ app
Social gaming Mobile marketing
QR codes
Viral video
43. Budget
TOOL COST
Viral Promotion 20,000
Guerrilla Marketing 80,000
Social Media Marketing 20,000
Corporate Blog / User communities 30,000
E-research 5,000
SEO / SEM 100,000
Affiliate Marketing 20% of Sales
VRM 5,000
e-CRM 10,000
Online configurator 15,000
Social gaming 30,000
Mobile advertising 10,000
E-mail / SMS 25,000
Total 362,000