Lightning In a Bottle - FINAL 1 - 9.21.16

Post on 14-Feb-2017

9 views 1 download

Transcript of Lightning In a Bottle - FINAL 1 - 9.21.16

A winning formula for Integrating Sales, Marketing and Retail Partners

WHO WE AREChris: VP World KitchenNorth American Sales and Customer Marketing@worldkitchenllc

Jeff: CEO Rocket Man DigitalDigital Content Partner for World Kitchen

@jeffnowak

What is The Win/Win/Win?

WINWINWIN

WIN – FOR CONSUMERWIN – FOR CUSTOMERWIN – FOR SUPPLIER

WIN – WIN – WIN

The Win/Win/Win GoalWINWINWIN

• What’s the secret? • How do you unlock the lightning?

Agenda: Our Big 31. Tools to Bridge Gaps:

• Internal company• Suppliers and Customers• Consumer

2. Learn why customers are eager to fund marketing campaigns

3. See 3 case studies of successful integrated marketing and sales led retail programs

FIRST: Rethink The Organization

“It’s my brand and we are going to launch it this way!”

“Customer/retailer needs . . . What are those?”

MARKETING DRIVEN

“But the customer says they’ll sell 50% more with 50% lower cost”

“The retailer said it has to be in brown because only brown sells”

SALES DRIVEN

“The market is at a $9.99, but we need $11.99 to make our margins”

“Tell the customer we won’t pay for advertising”

FINANCIAL DRIVEN

CONSUMER DRIVEN

WHAT WOULD that SOUND LIKE?

“Our job is to connect to people, to interact with them in a way that leaves them better than we found them.” – Seth Godin

“Our jobs as marketers are to understand how the customer wants to buy.” – Bryan Eisenberg

CONSUMER DRIVEN

Channel / Sales Leadership

Brand/Market Development

FinanceTeams

What if these teams align? High Success Lower Cost

Less Time

3x3 Alignment

Define GoalsDefine MeasurementsDefine COMMITMENT

IDENTIFIED FOR THEConsumerCustomerSupplier

After you have identified the definitions for consumer

CustomerSupplier

• Stronger Customer Relations• Stronger Fact-Based Selling Strategies• Less Channel Conflict

CONTENT

content machine BRANDS SALES

CUSTOMERS

SITE

SOCIAL MEDIADIGITAL

CONTENTCREATION

DIGITAL TEAM

FINANCE

DIGITAL CONTENT LIBRARY

SOLUTIONS-BASED ARTICLES

18

RECIPES

19

PHOTOS

20

VIDEOS/GIFS

21

SOCIAL MEDIA

22

CASE #1

CASE STUDY: PYREX 100

24

Nostalgic product that inspires

Opportunity to drive incremental sales

Drive brand loyalty and growth.

CONSUMER

CUSTOMER SUPPLIER

DEFINE GOALS

Measure sales & social media interactions

Measure sales & share with retail partners

Incremental sales & increased brand market share

CONSUMER

CUSTOMER SUPPLIER

DEFINE MEASUREMENTS

Do they agree with the price value of the product? Are they moved to share in social media?Is there a reasonable merchandising program for them to implement?Can we ensure delivery of all the programs?

CONSUMER CUSTOMER

SUPPLIER

DEFINE COMMITMENTS

INSPIRING PRODUCT LINE

28

Swap to Pyrex 100 image

ENGAGE RETAILERS

29

Swap to Pyrex 100 image

30

LIGHTNING ENGAGMENT

31

BREATHE LIFE

32

ENGAGE CONSUMERS

PYREX 100 RESULTSHIT GOALSCreated an exciting line of nostalgic products for ConsumersIncreased market share

HIT MeasurementIncreased top line – double-digit growthAverage sales lift – double-digit growthAd support – nearly double historical levels

HIT COMMITMENTSExcited over 50 Retail partners Generated 150MM+ digital impressions

34

ALIGNMENT

TAKEAWAY #1:Define the goal, the measurements and commitments needed

WINWINWIN

TAKEAWAY #2:Use strong content to support one goal

WINWINWIN

CASE #2

“If you want to grow an audience, you must be on Amazon.com. Think of Amazon not as an online retailer, but as a huge search engine.”

John Nemo, Twin Cities Business Journal

CONTENT

S A L E S

TAKEAWAY #3:Make sure your content assets are organized and searchable

WINWINWIN

TAKEAWAY #4:Reuse same content on multiple customer platforms

WINWINWIN

TAKEAWAY #5:Prioritize your key products – New, most innovative, top sellers

WINWINWIN

Why are customers going to help fund?

CASE #3

Win as One Team

49

Channel / Sales

Leadership

Brand/Market

Development

FinanceTeams

Fully Aligned Supplier Fully Aligned Retailer

Buying Team

Store & D

ot.Com

Store M

erchandising Team

Digital

Merchandising

Team

Replenishment

Leadership

Customer

SIDECOUNTER ASSORTMENT

Dinnerware

50

Swap to Pyrex 100 image

SIDECOUNTER ASSORTMENT

Serveware (in the dinnerware section)

51

Swap to Pyrex 100 image

Promotional support

52

WALMART.COM CONTENT

53

Swap to Pyrex 100 image

Pioneer Woman has its own home page that includes:• Links to shopping by category Video• Product catalog Links

to Ree’s recipes

CONTENT

S A L E S

PIONEER WOMAN RESULTSHIT GOALS

Launched full product line 9/15

HIT MeasurementCompetitive insights suggest > $40MM

HIT COMMITMENTAssortments are in most stores; between 3,000-3,600 products in six home categories.

They had Pioneer Woman = Content Machine!

55

ALIGNMENT

TAKEAWAY #6:WIN AS ONE TEAM, By being internally and externally aligned

WINWINWIN

TAKEAWAY #7:GOALS + MEASUREMENT + COMMITMENT + CONTENT = LIGHTNING IN A BOTTLE

WINWINWIN

Formula FOR THE WIN-Win-WIN

58

Swap to Pyrex 100 image

Goal Defined• Consume

r• Customer• Supplier

Measurement Defined

• Consumer• Customer• Supplier

Commitment Defined

• Consumer• Customer• Supplier

Internal Alignment• Marketing• Sales• Finance

External Alignment• Consumer• Customer• Supplier

Add in Strong Content Programs

WINWINWIN

QUESTIONS?

Thank You!