abis 2011 spring-launch plan-ab_v3
DESCRIPTION
ABISTRANSCRIPT
ABIS“Read in a fraction of the time”
“I'm a busy and ambitious Executive MBA student that also works fulltime, but I can't
find time to read the business books and class books I need to help enhance my
education and career.”
Target Market
MBA
Professional Programs Students
Law Schoo
l
Lawyers Working Professionals
Doctors
Undergrad
programs
High schoo
l
MBA
Solution and Benefits
Market Pipeline ( First Year)
What Formula Calculation
How Many?
# of Sales = Close rate * # of Leads
20% * 39770
7,954
# of Leads = Qualified response rate *
# of suspects
50 %*79540
39770
# of Suspects
= Program response rate *
# of program
21 %* 367,334
79540
Customers 7,954
Suspects
79,540
Leads
39,770$ 95,449
Buying Cycle
Personal use No approvals or licensing required
Relatively inexpensive Immediate need and consumption Easy to purchase One time use
Awareness Interest Desire Action
Time frame: 2 minutes to 2 weeks
IRINA
Marketing Objectives
Primary objective: Build a profitable and sustainable business by selling eSummaries to executive MBA students.
Supporting objectives: Partner with U.S. universities Create awareness among executive MBA
students Generate unique/repeat site visits
Partner with U.S. Universities
SMART Objective
Specific Partner with U.S.-based universities, starting with the University of Washington
Measurable One major business school in every state
Achievable By recruiting marketers with the right skills in every region
Relevant To support reaching our target market of the ambitious and busy executive MBA student market
Time Bound Within the first year after launch
Create Awareness
ABIS
SMART Objective
Specific Create awareness so 50% of executive MBA students have heard of and know what services ABIS provides
Measurable As measured by ad recall surveys
Achievable Through marketing campaigns, high quality summaries, and an easy to use website
Relevant To support reaching our target market of the ambitious and busy executive MBA student market
Time Bound Within the first year after launch
Generate Unique/Repeat Visits
SMART Objective
Specific
Measurable
Achievable
Relevant
Time Bound
Tactics MatrixTactic University
PartnershipAwareness Unique/Repeat
Visits
Social network sites (Facebook, LinkedIn)
SEO (Google, Bing)
News radio ad (e.g., KUOW, KEXP)
News print ad(e.g., WSJ, catalog)
Bus ad Breakfast seminar Flash mob Easy to use website
Marketing Objectives Summary
Budget numbers: Action Items
▪ University collaborations▪ Awareness▪ Marketing campaigns
Permission to Take off