Strategic Management&  NewsViewsGianpaolo Tepedino
Strategic ManagementMIMM 2010One of the most difficult products to try to advertise and sell?ToothpickToasterBlenders and mixersBlenders and mixersPanama hatGianpaolo Tepedino
Objective:  Increased brand awareness and sales of their line of blenders  Strategy:Viral marketing to create brand awarenessIngredients  (total marketing budget $50) 1)  A lab coat2)  The URL www.willitblend.com3)  Any popular product132
But…what do they do with that? http://www.youtube.com/watch?v=oRr7N7A4Wc0
What did it happen? Did it work? ? Total Blender retail sales grew 700% in two years
 The videos have more than 5 million views on YouTube and more than 7 million views on their website
National media coverage that is equivalent to millions     of dollars in advertising
New line of products (brand awareness) such as:    T-shirts & DVD’s.  - Advertising agreements with Apple , Google, Nike, AT&T…- The  SEO (Search engine optimization) value from their videos drives more traffic to their websiteBlendtec auctioned the blended iPhoneon Ebay which sold for about $1,000. Those proceeds were donated to a children’s hospitalExtra

Will It Blend

  • 1.
    Strategic Management& NewsViewsGianpaolo Tepedino
  • 2.
    Strategic ManagementMIMM 2010Oneof the most difficult products to try to advertise and sell?ToothpickToasterBlenders and mixersBlenders and mixersPanama hatGianpaolo Tepedino
  • 3.
    Objective: Increasedbrand awareness and sales of their line of blenders Strategy:Viral marketing to create brand awarenessIngredients (total marketing budget $50) 1) A lab coat2) The URL www.willitblend.com3) Any popular product132
  • 4.
    But…what do theydo with that? http://www.youtube.com/watch?v=oRr7N7A4Wc0
  • 5.
    What did ithappen? Did it work? ? Total Blender retail sales grew 700% in two years
  • 6.
    The videoshave more than 5 million views on YouTube and more than 7 million views on their website
  • 7.
    National media coveragethat is equivalent to millions of dollars in advertising
  • 8.
    New line ofproducts (brand awareness) such as: T-shirts & DVD’s. - Advertising agreements with Apple , Google, Nike, AT&T…- The SEO (Search engine optimization) value from their videos drives more traffic to their websiteBlendtec auctioned the blended iPhoneon Ebay which sold for about $1,000. Those proceeds were donated to a children’s hospitalExtra