AXE Media Plan By Kevin Koerner
Transcription
AXE Media Plan By Kevin Koerner
AXE Media Plan By Kevin Koerner Situation Analysis • • • • • • • Background Launched in France in 1983 Owned by Unilever Introduced in the United States in 2002 First line was Anti-perspirant and deodorant sticks In 2005 AXE expanded to shower gels In 2009 AXE introduced hair gels By 2010 became the global leader in men’s grooming Top 5 AXE Products AXE Excite Revitalizing Shower Gel • • AXE Body Spray, Cool Metal • AXE Body Spray, Excite • AXE Clix Deodorant Body Spray • AXE Crew Cut Buzzed Look Plus Situation Analysis Background: Situation Analysis: SWOT Strengths • • Weaknesses Brand Recognition Controversial Advertisements • Variety of Products • Benefits compare to other companies Clear Target Market • • • • International Marketing Leader • Popular Advertising • Unlimited Availability • Unique Packaging • Expensive Weak Marketing Strategies Situation Analysis: SWOT Opportunities • Threats Develop a new product gear toward older men • • Expand international • Not For Women • Focused on Sex Brand Image in Sports & Celebrities • • New ways to attract consumers • Competition Not Environmental Safe Situation Analysis: About the Industry Over nine in 10 men use some kind of grooming product. In 2011 there was an increase of 11% and generated $964 Million dollars in the United States alone. Facial skincare products are more likely to be used by men in the age range from 18-34 Products marketed to men are more likely than products for women to be dermatologically tested 21% to 14% Situation Analysis: Target Audience Men 18-24 (189 Index) Relationship Status - Never married (149) Engaged (133) Home Value - <$50,000 (130) Regions - Midwest (127) South (95) Situation Analysis: Competitors Marketing Objective: Increase and maintain sales in target market (18-25) years of age with new marketing objectives and advertisements. Media Objectives: Reach teenage males 14-25 with new advertisements throughout all media fields With the $10 million dollar budget AXE will will advertise in social media, print, and television in 2015. Increase brand loyalty with recent and new customers Geography Brazil is the top men’s toiletry nation for the last five years. Top five nations include Brazil, China, South Korea, United States, and Germany. Will focus on the United States including the markets of Chicago, New York, Seattle, Miami, and Dallas. Seasonality Advertisement’s will run year around. Men’s health and hygiene is a yearly issue. Will increase during the spring and summer season. Advertisements will increase during summer sporting season. Media Strategies Primary Medium: Social Media (Index120) Heavy use by target market/age, Younger audience, More media/advertisements Print: Magizines (Index 110) Match competitors/efforts, National Reach, Similar content Television: (Index 154) Heavy use by target market, Commercials & Motion, Broader reach Budget Budget - With a 10 million dollar budget, Axe will have a 2015 media plan using social media including Instagram, Twitter, & YouTube. Print - Print including Sports Illustrated & Men’s Health Television - National Television Program; College Football Saturday. Media Mix Print Sports Illustrated (199) 1 Page = $279,000x8=$2,232,000 Frequency: Weekly x 8 weeks (Months of October and November) Circulation: 3,021,065 Men’s Health (205) 1 Color page = $226,645x8=$1,813,160 Frequency: Weekly x 8 weeks Circulation: 1,819,151 (Months of January and February) Media Mix Social Media Instagram: Month of advertisements = $750,000x4= $3,000,000 4 months, spring into summer (April through July) Twitter: Week of advertisements=$200,000x7=$1,400,000 (The month of December and three weeks In August) YouTube: Week of advertisements=$120,000x7=$840,000 (The month of March and 3 weeks in September) Media Mix Television National Networks: ESPN (Index 141) ESPN College Football Saturday 100x7000(CPP)=$700,000 The two final weeks in August and September. Daytime fringe: 25x4=100 Financial Statement Budget = $10,000,000 Social Media - Instagram, Twitter, & YouTube $5,240,000 Print - Sports Illustrated, & Men’s Health $4,045,160 Television - College Football Saturday $700,000 Total Spending = $9,985,100 Money left over = $14,900 Flowchart: Summary In conclusion to this project, Axe’s $10 million dollar media plan must focus on their target market and also focus on newer advertisements that are less sexist and inappropriate, and also will hopefully expand their target market without even trying. "AXE Positioning Analysis." N.p., n.d. Web. https://xuyanz.wordpress.com/2013/04/24/axe-positioning-analysis/ "Top Axe Products." N.p., n.d. Web. http://www.goodguide.com/products?brand_id=121780&sort=overall_rating http://www.statista.com/statistics/287707/mens-grooming-brands-sales-in-the-us/ "The Men's Grooming Grows at Rapid Rate." N.p., n.d. Web. <https://www.npd.com/wps/portal/npd/us/news/ press-releases/pr_120807/>. "Focus Still on Men's Care as a Growth Category for Beauty." N.p., n.d. Web. http://www.gcimagazine.com/marketstrends/segments/skincare/Focus-Still-on-Mens-Care-as-a-GrowthCategory-for-Beauty-223160091.html http://next.srds.com/nmp/datacard/show/9899/4 "It's a Man's World: Men's Grooming Breaks New Ground." N.p., 21 Feb. 2014. Web. http://www.gcimagazine.com/marketstrends/consumers/men/Its-a-Mans-World-Mens-Grooming-Breaks-NewGround-246591491.html http://next.srds.com.emils.lib.colum.edu/nmp/datacard/show/14142/4 http://next.srds.com/nmp/datacard/show/9864/3 http://ureporter.mriplusonline.com/selectdemofromsearch.asp