There’s nothing like partnership marketing to expand your efforts at little to no additional cost to you or your partner organization. If you get it just right, incorporating interactive elements that make people more likely to share your message with others, your marketing efforts won’t just double… they’ll multiply exponentially. This session will teach you how to conduct partnership marketing with maximum success including finding the right fit; making your pitch; keeping it relevant; crafting your cooperative agreement; contests and similar promotions that drive participation and word-of-mouth; building a cooperative network; and more. Erica Campbell is the Sr. Manager, New Media Marketing for For Rent Media Solutions, Jamie Gorski is Senior Vice President, Corporate Marketing for The Bozzuto Group and Eric Brown is the owner of Urbane Apartments
4. Define Objectives & Goals: Increase Brand Awareness: Create a general hype & enhance a product or service Increase Reach: Broaden reach of core company's target audience Generate Leads & Data: Improve referrals & repeat purchases Gain Content or Consumer Insight: Repurpose for future marketing initiatives Humanize your Voice: Engage socially, build relationships, reward your customers, and drive fan acquisition Gain Competitive Edge: Offset new competition
6. Who is your Target Audience? Will your contest target new customers or existing customers? Where are your consumers engaging with your brand? What are your customers habits and behaviors offline and online? How will you reach your audience? What is your budget to reach them?
8. Contest: A contest rewards skill; winners are determined based on skill, popularity or judging. Sweepstake: A sweepstakes awards winners at random; winners are determined based purely on chance.
9. Determine the Type of Contest: User Generated Contest (UGC) Facebook Like Sweepstake Blog or Post Comment to Enter Contest or Sweepstake Twitter RT or Hashtag Contest or Sweepstake Survey Form Contest or Sweepstake
11. Create your Concept: Have a clear call-to-action A video contest inviting users to create a new commercial for one of your products A user-generated content contest that awards the best ‘personal experience stories’ A photo contest related to your product or service A product invention contest with a large cash prize
13. Establish Rules & Prizes: Will the winner be determined by public voting, a jury or at random? What is the judging criteria? How long will your contest run? How many phases will you have? What kind of prizes will you offer? How many winners will you have? What is the process the entrant will go through? Rules: promotion eligibility, how to enter, contest dates, judging criteria, prizes, how to claim the prizes, rights in the videos/photos, privacy & publicity , limitations of liability, etc.
47. Promotion Format 1. ForRent.com micro-site: – Contest Web site lived on www.Contest.ForRent.com – Users could watch and share videos without registration – Upload and voting function required user email registration – Watermarked logo clicked through to FRC from each video – E-mail a friend and social networking profile widget 2. ForRent.com Facebook application: – Application lived on an application page which was referenced from the existing ForRent.com Facebook page – Requires user to “allow access” to see and use all functions of the application (upload, gallery, etc) instead of email registration. – Major benefit: integrated “allowing access” will generate a Facebook news feed item for viral discovery (e.g. “Erica might win $10,000 in the ForRent.com “Ready2Move?” video contest)
48. Selection of Winners & Finalists On or about June 24, 2009 Sponsor’s internal review panel selected one (1) Grand Prize Winner, three (3) Finalists and one (1) randomly selected Voter. CONTEST: Contest winners will be selected according to the following judging criteria: - 20% Creativity and originality - 15% Overall quality and appearance of videos - 20% Relevance to contest theme ‘Ready2Move?’ - 24% Promotion of ForRent.com and/or For Rent Magazine and the usage of the branded billboard with tagline - 21% The total number of user generated Internet votes received SWEEPSTAKES: The Sponsor will randomly select the potential Sweepstakes winner from all eligible voting entries received during Phase II and Phase III.
53. Lessons Learned Metrics and Rules: Establish clear metrics and contest rules before you begin your program. (Have legal review rules) Test: Test the full functionality of your campaign prior to the start. (Both front end and back end) Advanced Seeding: Begin blogger outreach 1-2 weeks prior to the contest versus during the contest. Resources: Estimate the amount of time and effort it takes to sustain social media momentum throughout the contest period. Timing of Announcement: Leave 1-2 weeks before announcing the winner in order to get winners scheduled for an interview.
54. Lessons Learned Budget: Promotional spend is critical to the success of the campaign. Don’t underestimate budget. Include an allocation for promotions, both planned and contingency. Think about hidden promotional costs. Prizes: Make sure the prizes are motivating, relevant & the contest concept is FUN. Continue the Momentum: Dedicate time to engage in long term social media by following up with the contest winners and entrants. Refine your Strategy: Learn from your mistakes, evaluate your metrics and the landscape. Trends come and go. Be nimble and adaptive.
55. Contact: Dave Turner at dave.sayitwithwater.com Prize:1 case (24 bottles) Any size (8 oz. 12 0z. 16.9 oz) Customized label design (up to 4 colors)
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57. Fun Video Examples from ForRent.com Contests Ready2Move? Contest Videos http://tinyurl.com/2w4v898 Winner Ready2Move? http://www.youtube.com/watch?v=IbYYhTkhcrA True Lease http://www.youtube.com/watch?v=OhbjJEHnaT0 Your Apartment is Looking For You http://www.youtube.com/watch?v=1I9-ZFh89xI Winner ‘If Only Your Apartment Furniture Could Talk’ http://www.youtube.com/watch?v=sLnbt0N3et8 All Videos http://www.user/ApartmentsForRent
58. Follow Me @ericacampbell linkedin.com/in/ericawcampbell facebook/ericawcampbell blog.forrent.com
59. Break From the Pack of Apartment Commodity www.TheUrbaneWay.com Twitter: @Eric_Urbane FB: www.facebook.com/TheUrbaneWay
60. Partnership Marketing “The sole purpose of marketing is to sell more to more people, more often and at higher prices. There is no other reason to do it.” -Sergio Zyman
61. Our Goal “To provide our residents with an experience and value with a high enough return to create enough Customer Evangelists within our core resident base that they self rent our apartments.”
72. TRENDWATCHING “Branded Brands”: Certain focused and well respected brands, often beacons of coolness and quality, are now cashing in by enriching other, more all-encompassing brands. The result: BRANDED BRANDS. + + +
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75. STEP BY STEP Who do you partner with and why? How do you promote partnerships? What type of event should you consider? How do you promote your event? How do you measure your results? Measurement tools like bar codes Social media interaction Word of mouth marketing
76. STEP BY STEP Who do you partner with and why? Create value High end or low end every brand is promoting value what a better way that to create value with brand partnerships Choose partnerships wisely Seek out similar target audiences & brand images Seek partners that support your goals Green living Choose a combination of national & local partners
77. THE “WHO” Know your demographics Target to their wants, needs What is hot right now? How do you incorporate trends? What can you provide that they cannot get elsewhere? What discounts can you offer or other advantages?
83. STEP BY STEP How do you promote your partnerships? Mobile – text PR Outreach Signs Online ads Sales presentation Call Center Partner Marketing Websites Microsites Emails Social Media Collateral Events Logo Promo
98. THE “WHAT” What type of event should you consider? Grand opening Open house PR Training Broker Residents only Prospects Leaderships Partner events - zipcar Bring-a-friend Interaction is key
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113. Park Place—Grand Opening Washington DC, Petworth Demographic Target: 24-35, single professionals and students Outreach: Park Place partnered with On Tap Magazine, DC Shorts Film Festival, Stella Artois, and Kettle One Vodka. ROI to Date: 1119 RSVPs, 700 attendees, 36 leases The capture campaign generated an amazing response in the two short months leading up to the grand opening. 4 leases were signed during the party 48 appointments were sent during the party Traffic increase by 20% for six weeks after 36 leases attributed to event
114. THE “WHAT” What types of promotion are most effective? Social media marketing Email blasts Signs Websites & microsites Advertising PR Utilize partner’s lists
115. 12 Ways to Market Events with Social Media Market your event through Twitter Market your event through Facebook Market your event through LinkedIn Market your event through your blog Other Places to Market Online – online calendars, Tweetvite, Eventful, etc. Use Online Registration Tools – Eventbrite, Constant Contact, etc. Sharing tools let attendees post to Facebook and Twitter, which builds buzz and generates more registrations. Create your event in Foursquare and Gowalla Use those hashtags! Have someone “live blog” during the event A picture says a thousand words – use Twitpics, etc. Put thoughts on video – use Flipcams or live streamwith UStream.tv
116. THE “WHAT” 12. Post-Event: Create a blog post on how the event went, solicit feedback via comments. Post event recap to Facebook page and encourage fans and friends to leave comments there as well. Upload photos to Facebook and tag everyone you know; ask them to “fill in the blanks” by tagging anyone else. Upload photos to Flickr/other photo sharing sites and give them appropriate titles, descriptions and tags. Use the Creative Commons license to let them be shared as far and wide as possible. Post video to YouTube, Facebook and other video sharing sites.
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122. WestEnd25, Grand Opening Event Re-Cap Date: May 5th, 2010 Partners/Sponsors: DC Magazine, Corcoran Caterers, Bourbon Steak, Blue Duck Tavern, RIS Over 300 guests in attendance, 150 for VIP Event Experienced an average of 10 additional visits per week 25 leases were a direct result of the Grand Opening Event Leased the largest, most expensive Penthouse unit 1020 that week as a result of the event Press: BizBash Washington Business Journal WashingtonBusinessJournal.com Washingtonian DC.Guestofaguest.com DC.Urbanturf.com Pamelaspunch.com Bisnow Scene Bisnow Real Estate DC Magazine
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124. THE “HOW” How do you measure your results? Track attendance Conduct follow-up Ask brand partners how they measure success Resident feedback/retention Solicit feedback via social media pages
129. CONTACT Jamie Gorski SVP, Corporate Marketing The Bozzuto Group jgorski@bozzuto.com Twitter: @jamiegorski
Notas do Editor
Utilizing the strength of marketing alliances or marketing partnerships to get product into new channels and venues is an essential marketing element to generate incremental sales and brand awareness. As corporate marketing budgets are constantly scrutinized, Partnership marketing and Consumer Programs can grow your business and acquire new customers and users in all channels of distribution. In today’s busy world or brand marketing, utilizing the strength of Partnership marketing and Consumer Contests to gain incremental marketing exposure and penetration of new distribution channels is not only smart – it is an essential marketing tool for marketers to remain even more competitive in today’s constantly changing marketplace.
A promotion that invites users to contribute their content not only creates a deeper investment in your brand, but also serves as a means to crowd source content that can be leveraged across multiple channels and in future marketing campaigns. A contest with public voting can also be utilized to solicit feedback from customers and gain insights on their preferences.
The best part about online contests is how easy it is to take them viral, encourage participation, and link them into your social marketing activities.
So after the contest is done, you need to measure the impact it had on brand engagement, clickthrough to your site, conversion, and bottom-line sales.
Ensure your contest is easily sharable by embedding “share this” links on the contest site, on Twitter, Facebook, YouTube and everywhere else people will come across it.
Cost is Low Return is high and the level of involvement is highFacebook Photo Contest StatsTotal Photos Submitted: 32Total Photo Votes (Likes): 2,100Total Photo Comments: 388Total Wall Post Comments Related to the Contest: 196Total Wall Likes Related to the Contest: 39(contest time frame)Twitter Sweepstakes Stats100+ RT’s of the Tweet which included the RENT twitter handle name, FRC twitter handle name, the message and Hashtag #SaveonRENTThe ForRent.com Twitter profile saw a 35.5% increase in followers due to the sweepstake(Time frame Oct 14th-January 19th)
Objective: The 2010 consumer promotion was designed to entertain, engage & drive repeat visits with the intention of ultimately increasing brand awareness, preference and consideration. Concept: The ForRent.com “Pet Pads Unleashed” Photo Contest encourages apartment renters to submit a photo of how their pet lives the apartment life for a chance to win $1,500. Three Finalists will take home a $400 gift card to a local pet store. 560photos submitted and 2,500+ votes300+ new Facebook Fans and 14,000+ pageviews and 2,700photo views16,000+ photo views on Flickr
We have partnered with H2Own4U to provide our customized water bottle label services. With over 35 years of experience in the water and customized bottled water business, we know how to provide a quality product and service to our valued clients. During that time, we found the small quantity, personalized bottle labels portion of the market was not properly serviced. So we decided to utilize our experience in personalized water labels design, custom bottles labeling, production and distribution to fill this market void.
-) I was a Builder, Not a Marketer, and build 16k-17k apt units-) I read every marketing book I could find, continued to stumble across My Space -) Urbane staff were afraid of negative comments-) One by One we started to create Urbane Evangelists
These are the individuals who will “like” a post (which brings it to the top of News Feed) and will write positive reviews on ApartmentRatings.com and InsiderPages.com.