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Christopher Karr
     Reebok
PROFILE
•   FACEBOOK LIKES         569,000
•   TWITTER FOLLOWERS 374,870
•   CHARITY EVENTS        25
•   SPONSERED ATHLETES 428
•   SPECIALIZING IN UNIQUE FOOTWEAR AND PERFORMANCE
    APPAREL AT APPEALING PRICE
TARGET MARKET
• Reebok has specific lines to target each age group.
• These lines target different types of athletes and age

Reebok Classic- Trendy and older Reebok customers who like specific styles
Reebok Rezig- New upcoming athletes who are looking for a performance breaking shoe
Reebok Women- Women who are into yoga and exercise
Reebok Pumps- For shoe collectors who were into the popular 1990 basketball shoe the pump.
Threats in the Market
-Fierce competitive environment (Direct
competitors such as; Nike, Adidas, New
Balance, as well as smaller competitors)
- Economic Segment of the External
Environment specifically the economic
Crisis




                                     Goals to Counter Threats
                                            -Customer incentives for repeat
                                            business
                                            -Create a community feel with Social
                                            Media pages in order to keep
                                            customers actively involved with
                                            Reebok
Increase the usage of Social Media to
        Target Potential Customers
Social media is extremely important to accessing new customers and gain exposure.


Keys to efficient usage of social media channels;
- Experiment with new methods
- Keep customers engaged with the usage of rhetorical questions and
   keeping up to date with new trends
- Use promotional coupons through banner ads or tweets so followers can
   be rewarded
- Facebook and Twitter pages should contain
   pictures of customers using the product as                   well as
   information with regards to promotional events.
Twitter                            Facebook
           -    Re-tweet customers to gain                   -Pictures of current events with
                more followers                               relation to the product
           -    Tweet athletes that are                      -Build relations with target
                sponsored and have these                     customer segment
                athletes reciprocate the                     -Read, respond and implement a
                action
                                                             customer response section
           -    Personalize the twitter page                 -Update frequently to increase
                (background, location) as
                                                             personalization between Reebok
                well as tying the page to the
                Reebok home page                             and its customers
                                                             -Give incentives for customers to
           -    Follow customers that
                mention the product                          visit the Reebok Facebook Page
                                                             -Use banner ads to direct
           -    Offer incentives for customers
                to re-tweet Reebok                           customers to the Reebok site
                                                             -Show pictures of customized
                                                             shoes made by other customers
Doing advertising on Facebook allows us to connect with      to personalize the product.
more than 800 million potential customers, choose the
target audience by location, age and interests, as well as
test simple image and text-based ads and use what works
With the competition in today’s market (customers having high buyer power) it is
essential to establish “key words” that are commonly searched. These words will
be used to market directly to customers and lead them to Reeboks website instead
of other direct competitors.
• Market share growth and other financial
  measures
• Website frequency (by # of customers)
• Pay Per Click
• Click Through Measurement
• Followers on Twitter and Likes on Facebook
• Usage of coupons
Budget
  This is a pretty inexpensive marketing strategy as setting up a Facebook
  and Twitter account is free. The main expense related to my marketing
  strategy will be related to coupons redeemed as well as advertising costs
  in relation to setting up banner ads on the two social media sites.


With this in mind our Marketing budget should be: $500,000
TIMELINE
1st Quarter- Expand advertising with Reebok athletes to promote the brand through
    Youtube. Start advertising customized shoes toward the target market on social
    media sites.
2nd Quarter- Increase search engine marketing by optimizing key words to draw more
    attention to the Reebok brand (SEO and SEM)
3rd Quarter- Advertise coupons through banner ads and update social media sites with
    recent creations by customers. Get involved on a more personal basis with
    customers and measure success this far.
4th Quarter- Once the performance metrics are measured implement
    changes/continuations depending on the results. Increase promotions and
    coupons to customers and heavy reliance on social media channels that have been
    successful after the 3rd Quarter measurement.

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Reebok's Social Media Strategy to Target Customers

  • 2. PROFILE • FACEBOOK LIKES 569,000 • TWITTER FOLLOWERS 374,870 • CHARITY EVENTS 25 • SPONSERED ATHLETES 428 • SPECIALIZING IN UNIQUE FOOTWEAR AND PERFORMANCE APPAREL AT APPEALING PRICE
  • 3. TARGET MARKET • Reebok has specific lines to target each age group. • These lines target different types of athletes and age Reebok Classic- Trendy and older Reebok customers who like specific styles Reebok Rezig- New upcoming athletes who are looking for a performance breaking shoe Reebok Women- Women who are into yoga and exercise Reebok Pumps- For shoe collectors who were into the popular 1990 basketball shoe the pump.
  • 4. Threats in the Market -Fierce competitive environment (Direct competitors such as; Nike, Adidas, New Balance, as well as smaller competitors) - Economic Segment of the External Environment specifically the economic Crisis Goals to Counter Threats -Customer incentives for repeat business -Create a community feel with Social Media pages in order to keep customers actively involved with Reebok
  • 5. Increase the usage of Social Media to Target Potential Customers Social media is extremely important to accessing new customers and gain exposure. Keys to efficient usage of social media channels; - Experiment with new methods - Keep customers engaged with the usage of rhetorical questions and keeping up to date with new trends - Use promotional coupons through banner ads or tweets so followers can be rewarded - Facebook and Twitter pages should contain pictures of customers using the product as well as information with regards to promotional events.
  • 6. Twitter Facebook - Re-tweet customers to gain -Pictures of current events with more followers relation to the product - Tweet athletes that are -Build relations with target sponsored and have these customer segment athletes reciprocate the -Read, respond and implement a action customer response section - Personalize the twitter page -Update frequently to increase (background, location) as personalization between Reebok well as tying the page to the Reebok home page and its customers -Give incentives for customers to - Follow customers that mention the product visit the Reebok Facebook Page -Use banner ads to direct - Offer incentives for customers to re-tweet Reebok customers to the Reebok site -Show pictures of customized shoes made by other customers Doing advertising on Facebook allows us to connect with to personalize the product. more than 800 million potential customers, choose the target audience by location, age and interests, as well as test simple image and text-based ads and use what works
  • 7. With the competition in today’s market (customers having high buyer power) it is essential to establish “key words” that are commonly searched. These words will be used to market directly to customers and lead them to Reeboks website instead of other direct competitors.
  • 8. • Market share growth and other financial measures • Website frequency (by # of customers) • Pay Per Click • Click Through Measurement • Followers on Twitter and Likes on Facebook • Usage of coupons
  • 9. Budget This is a pretty inexpensive marketing strategy as setting up a Facebook and Twitter account is free. The main expense related to my marketing strategy will be related to coupons redeemed as well as advertising costs in relation to setting up banner ads on the two social media sites. With this in mind our Marketing budget should be: $500,000
  • 10. TIMELINE 1st Quarter- Expand advertising with Reebok athletes to promote the brand through Youtube. Start advertising customized shoes toward the target market on social media sites. 2nd Quarter- Increase search engine marketing by optimizing key words to draw more attention to the Reebok brand (SEO and SEM) 3rd Quarter- Advertise coupons through banner ads and update social media sites with recent creations by customers. Get involved on a more personal basis with customers and measure success this far. 4th Quarter- Once the performance metrics are measured implement changes/continuations depending on the results. Increase promotions and coupons to customers and heavy reliance on social media channels that have been successful after the 3rd Quarter measurement.