mr rental - the web consoleimages.thewebconsole.com/s3web687/files/4cdb243800c55.pdf · other...
TRANSCRIPT
Mr RentalNational Winner
FCAExcellence in
Marketing2009
Teresa ConradieMr Rental Marketing Manager
Jodie WilsonMr Rental Events and PR Manager
Rationale behind our campaign
• 2006 - six consecutive years of market share growth
• Little positive movement in brand recognition
• Reviewed above the line media and marketing strategy and completed re-branding project of the Mr Rental brand
• Create an ongoing marketing campaign that appealed to our target market.
Rationale behind our campaign
Mr Rental family of characters were born
Rationale behind our campaign
Since the launch of the rebranded business in mid 2007 our national campaigns included: •Television•Radio•CataloguesMonitored brand awareness and lead generation to ensure significant return on investment for the network
Rationale behind our campaign
Mr Rental’s company vision:
To be the world’s first choice in renting home appliances
Rationale behind our campaign
• To achieve our vision• we had to gain market share
from the rental market’s dominant competitor
• Radio Rentals• 70 years in the market• Market share = 17.09% in
2007 / 2008
Rationale behind our campaign
• Radio Rentals is an established market player
• we had to actively pursue a fresh new approach to gain top-of-mind awareness and market share amongst the target market
Rationale behind our campaign
Working in our favour is the company’s exceptional culture and proactive franchisee network, willing to take on the challenge and support the marketing campaign.
Ultimately the marketing campaign was pursued to increase brand awareness and drive sales and market share.
Planning and Research
Annual research undertaken by third- party firm Colmar Brunton
•Identified significant areas of opportunity on which to focus•Accurately measure year-on-year improvements in the campaign
Planning and Research
In 2008 / 2009 the marketing opportunities provided by research findings were:
• focus on increasing brand awareness• increase empathy of Mrs Rental character in TVC and catalogue• adjustment to scenarios to better communicate long term renting• increase profile of phone number especially in TVC
Objectives
Goal Reason chosenIncrease Prompted Brand Awareness from 11% to 20%
Encourage increase in target market’s top-of-mind recall
Increase Total Equipment Out by 10% every quarter
Increase franchisee sales
Increase Total Network Enquiries 10% every quarter
Increase franchisee sales
Increase Website Enquiries 10% every quarter
Increase franchisee sales
Increase Market Share from 3.75 % to 4.53%
To achieve vision of being world’s first choice in home appliance renting
Utilise annual qualitative research to continuously improve campaign
To leverage success of campaign so far and ensure ongoing ROI
Choice of campaign channelsFour bursts of activity were utilised in 2008 / 2009 as follows:
Campaign Dates Reason Marketing support* August 2008 24/8-5/9 Father’s Day, Computer
Focus, new LCD TV with built in tuner (new Technology)
TV, Radio, Catalogue
November 2008 2-14/11 Pre-school holidays and leading into the Christmas period
TV, Radio, Catalogue
January/ February 2009
25/1-13/2 Back to school, start your new year in style. Moving? MRR now rents furniture
TV, Radio, Catalogue
May/ June 2009 24/5-5/6 Mother’s Day, but Mum is always special – Free gift May / Jun ’09 period. Stock Clearance – tough economy
TV, Radio, Catalogue
Franchisee participation
Franchisee communication•is critical in attracting and maintaining the support of the franchisee network•contributes to the ultimate success of each marketing campaign
Stakeholder communication is also a fundamental part of the process
Franchisee participation
1/year Marketing budget meeting
•an annual meeting via teleconference, with each franchisee•discuss how the marketing team intends to utilise the budget•feedback and exchange of ideas are welcomed
12/year Marketing subcommittee meeting
•franchisee representatives from each state•meet on a monthly basis•discuss the marketing plan•current successes and adjustments to the annual plan•all discussions minuted and distributed to the entire network
Franchisee participation
12/year Mr Rental Franchise Advisory Council (MRFAC)
•The marketing subcommittee reports to the monthly MRFAC•outcomes of the meeting are discussed
12/year Mr Rental Board meeting
•Monthly marketing updates are provided to the Mr Rental board•for feedback and advice
Franchisee participation
Feedback from other stakeholders are also considered:
Consumers:•research to obtain feedback from our target market regarding the marketing campaign•the outcomes of which were utilised in future campaigns
Suppliers: •liaison was undertaken with suppliers•discussing - supply, product models
Results
The marketing KPIs outlined for the2008 / 2009 campaign were utilised to:
measure the campaign’s successincluding:
• qualitative• quantitative results
Results
Quantitative results were measured via
Measurement How?Total network enquiries Internal lead generation figuresTotal equipment out figures Internal equipment in-stock figuresWebsite Enquiries Internal measurement of lead generation via internet Market Share IBIS World Industry ReportBrand Awareness Colmar Brunton phone interviews
Results
Qualitative results were measured via
Measurement How? Focus Group Feedback Colmar Brunton metro & regional focus groups
Results
2008 / 2009 marketing campaign = significant success increasing prompted brand awareness
• 11% in 2008 to 43% in 2009
Other evidence of the campaign’s achievements include:Goal Result
AchievedReason chosen
Increase Prompted Brand Awareness from 11% to 20%
43% Encourage increase in target market’s top-of-mind recall
Increase Total Equipment Out by 10% every quarter
20% Increase franchisee sales
Increase Total Network Enquiries 10% every quarter
14% Increase franchisee sales
Increase Website Enquiries 10% every quarter
31% Increase franchisee sales
Increase Market Share from 3.75 % to 4.53%
5.85% To achieve vision of being world’s first choice in home appliance renting
Summary
•Communication•Franchisees involvement•Feedback•Invest in research
Why do we enter the awards?
• Great way to increase recognition and perception
• Increase awareness, generate publicity and provide opportunities to promote Mr Rental
• Enhance our standing in the franchise industry and local community.
Elements that we consider?
There are a number of elements that go into formulating an award winning submission.
Most importantly is…
Time &Preparation
What did Mr Rental do right?
• Provided clear & concise answers that directly addressed the criteria
• Relevant supporting information
• Proof of commitment to the community
• Identified our innovative approaches to management, incentive programs, marketing campaigns
• Leadership qualities
• Accurate figures and numbers
•Good presentation, grammar, spelling & kept to the word count
•Showed commitment to our business
•PR agency involved
•Professionally formatted submission
What did Mr Rental do right?
Award Winners !
Trophy and/or certificate to be framed and placed in main foyer of NSO (National Support Office)
Print duplicate framed copies of the award for our franchisees to display in store.
Award Winners !
Create decals for all store windows (shop fronts)
Proud of our achievement
Brand all advertising, stationary and promotional items with our achievement.
Benefits of Winning this award…
Mr Rental received many published media releases from a local and national level.
Benefits of Winning this award…
• Increased our franchise recruitment enquiries dramatically
• Increased brand awareness and perception in the industry
• A feeling of pride and satisfaction within the franchise
• Motivation to continue growing and strengthening our franchise system
Thankyou