Charles Mayer, Marketing The Oklahoman
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Transcript of Charles Mayer, Marketing The Oklahoman
MARKETING THE OKLAHOMAN
October 24, 2016
2
WHAT WE’VE DONE TO ADDRESS A CHALLENGING BUSINESS ENVIRONMENT
¤ We’veimplementedsignificantcostreduc5ons¤ Wesoldourbuilding¤ Werelocatedtodowntownmodernfacility¤ We’veinvestedindigitalinnova5on
• Apps• Twowebsitestrategy• Video/HDMI• DigitalVideoScreen
¤ Wefocusedonwatchdogandinves5ga5venews¤ Wediversifiedrevenue
• Events• DMS(BigWingInterac5ve5-years)• DirectMarke5ngAgency
¤ Weoutsourcedwhatwecould• Prin5ngandinser5ng• Copyedi5ng,layoutanddesign
3
A. WHAT WE’VE DONE
And…WeinvestedinResearchandMarke5ng
4
TABLE OF CONTENTS
WHO WE ARE
ASSUMPTION VS. REALITY
REINTRODUCING THE OKLAHOMAN
RESULTS
CONSUMER RESEARCH
WHO WE ARE
6
OUR BRANDS
THE OKLAHOMAN Oklahoma’slargestnews,
informa5onandentertainmentbrand.
NEWSOK Oklahoma’smosttraffickednews,informa5onandentertainmentwebsite.
BIGWING INTERACTIVE Thestate’sundisputedleaderin
digitalmarke5ngservices.
OKLAHOMAN DIRECT Oklahoma’slargestdirect
marke5ngagency.
WHO WE ARE
7
THE OKLAHOMAN TOTAL REACH: 733,463 WEEKLY
Oklahoma’slargestnews,informa5onandentertainmentbrandformorethan100years.
Wecreatemorecontentthananyothermediacompanyinthestate
anddeliveritviamul5plechannels,includingprint,digital,socialandstreamingvideo.
WereachOklahomaCity’smostaffluentmassaudience,733,463
printanddigitalreaderseachweek.OurSundayCircula5on:147,582.
WHO WE ARE
ASSUMPTION VS. REALITY
9
“WE DON’T NEED TO MARKET OUR BRAND BECAUSE CONSUMERS ALREADY KNOW WHO WE ARE”
YEARS
Century-long tradi0on of journalism.
100+ COMPETITION
We were the closest thing to a legal monopoly.
NO DECADES
Near full-market
penetra0on.
ASSUMPTION VS. REALITY
OUR ASSUMPTION
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WAS INCORRECT
What we thought we knew…
OUR ASSUMPTION
ASSUMPTION VS. REALITY
11
In fact, many consumers don’t know who we are. Half of Oklahoma City’s population is relatively new to the market and many are unfamiliar with The Oklahoman.
OUR REALITY
1 50% of Oklahoma City residents were either born or relocated to the city in the 20 years following the 1995 bombing of the Alfred P. Murrah Federal Building.
ASSUMPTION VS. REALITY
12
The Oklahoman is experiencing declining share of voice in a market whose population has grown exponentially in recent years.
OUR REALITY
2 SINCE 2004:
- 45 % CIRCULATION
DECLINE
+ 35% POPULATION
GROWTH
ASSUMPTION VS. REALITY
13
Due to industry disruption and declining revenue, The Oklahoman’s already modest marketing budget was reduced.
OUR REALITY
3
The result?Diminished brand exposure market-wide.
ASSUMPTION VS. REALITY
14
Many consumers and advertisers see The Oklahoman as old, irrelevant and obsolete…
OUR REALITY
4 …In fact: We are Oklahoma’s largest creator of news and information content distributed via multiple channels, including digital, social, streaming video and print. The Oklahoman is also the state’s largest advertising platform and digital marketing services provider.
ASSUMPTION VS. REALITY
15
MAKING THE CASE FOR MARKETING THE OKLAHOMAN
1 2
3
GivenOKC’srapidpopula5ongrowth,thereisaclearneedtoreintroduceTheOklahomanbrand.
Mostconsumerbrandsinmostproductcategoriesmarkettheirbrands–whydon’twe?
Wearedamagingourcredibilitybyaskingbusinessestoadver5seinTheOklahoman,whileneglec5ngtoadver5seourownbrand.
CONSUMER RESEARCH
17
BRAND RESEARCH STUDY
PERCEPTIONS Understand consumer percep0ons about The Oklahoman, as well as those of local print and broadcast compe0tors.
BUYER BEHAVIOR Evaluate how consumers assess and select their news providers.
BRAND MEASURES Determine our performance against key brand measures that directly influence purchase decisions, including:
BENCHMARKS Establish benchmarks against which we could measure our progress.
In2015TheOklahomanconducteditsfirstbrandstudyinyears
v Aided and unaided awareness v Brand favorability v Purchase considera0on v Net Promoter Score
CONSUMER RESEARCH
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BRAND AWARENESS
32% 28% 25% 15%
Ourbrandswerenottop-of-mindamongconsumers.TheOklahomantrailedalllocalTVnewsbrandsinunaidedawareness.
Awareness Percentage of all OKC metro consumers who are
aware of local news brands Unaided: What news sources can you think of?
Aided: Have you heard of… Unaided
Awareness Aided
Awareness
KOCO-TV 5 65% 91%
KFOR-TV 4 63% 91%
KWTV-TV 9 57% 94%
KOKH- TV 25 41% 86%
The Oklahoman 22% 93%
NewsOK.com 3% 82%
Oklahoma Gazette 3% 75%
Norman Transcript 3% -
OETA/PBS 3% -
The Journal Record 0% 53%
Other 24% - src: Brandware Survey 2015
CONSUMER RESEARCH
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BRAND FAVORABILITY
32% 28% 25% 15%
Only1/3rdofconsumersviewedTheOklahomanfavorably.TheOklahomanrankedbelowthethreeleadinglocalTVnewsbrands.
Brand Favorability Percentage of all OKC metro consumers
who rate various local news brands favorably
News 9 61% KOCO-TV 5 56% News9.com 56% NewsChannel 4 55% KOCO.com 49% NewsOK.com 47% KFOR.com 42% USA Today 35% The Oklahoman 34% Oklahoma Gazette 28% The Journal Record 27% KOKH FOX 25 23%
CONSUMER RESEARCH
src: Brandware Survey 2015
20
PURCHASE CONSIDERATION
32% 28% 25% 15%
Purchaseconsidera5onforTheOklahomanwasbelow50%,andtrailedthethreeleadinglocalTVnewsbrands.
Purchase Consideration Percentage of all OKC metro
consumers who plan to use a particular local news brand within the next six months
NewsChannel 4 55%
News 9 54%
KOCO-TV 5 50%
The Oklahoman 44%
News9.com 36%
NewsOK.com 34%
KFOR.com 32%
KOCO.com 32%
KOKH FOX 25 31%
Oklahoma Gazette 20%
The Journal Record 9%
CONSUMER RESEARCH
src: Brandware Survey 2015
21
NET PROMOTER SCORE
32% 28% 25% 15%
TheOklahomanhad41%moredetractorsthanpromotersandtrailedthethreeleadinglocalTVnewsbrands.
Net Promoter Score Likelihood consumers will recommend a
brand to others, on a scale of -100% to 100%
News 9 -20 NewsChannel 4 -25 KOCO-TV 5 -31 News9.com -33 The Oklahoman -41 KFOR.com -42 NewsOK.com -43 KOCO.com -43 Oklahoma Gazette -50 KOKH FOX 25 -53 USA Today -58 The Journal Record -70
CONSUMER RESEARCH
src: Brandware Survey 2015
22
CONSUMER PURCHASE DRIVERS
32% 28% 25% 15%
src: Brandware Survey 2015
CONSUMER RESEARCH
Brand Selection Drivers Attributes Non-Subscribers Value Most When Choosing A Source For News
Attributes Ranked By Importance The Oklahoman Index
1. Unbiased reporting 60 2. Journalistic integrity 64 3. In-depth coverage 77 4. Personalities/commentators I like 53 5. Timeliness of reporting 96 6. Price/cost to use 88 7. Original content 89 8. Educational 92 9. Available website 104 10. Entertaining 90 11. Available mobile app 105 12. Easy access while on the go 110 13. Editorial viewpoints similar to mine 118 14. Writers/editorialists I like 112 15. Extensive newsroom/reporting staff 108 16. Advertising circulars/coupon availability 129 17. Contributes to my success 126
Most Important
Least Important
ConsumersratedTheOklahomanpoorlyontheaaributesthataremostimportanttothemwhenselec5ngalocalnewssourceandbestontheaaributesthatmaaerleast.Surprisingly,consumersalsobelievedlocalTVnewsbrandsarestrongeronaaributesthatarehistoricallynewspaperstrengths,like:• In-depthcoverage• Originalcontent• Educa5onal• Journalis5cintegrity
WHY ARE THESE FACTS SO IMPORTANT?
“ Brandequitycomponentsincludingawareness,
familiarity,brandopinion,relevanceandothersaredirectlycorrelatedwithPurchaseIntent(PI)
forabrand.
“ --Ipsos-ASI
REINTRODUCING THE OKLAHOMAN
“ If you know me based on who I was a year ago, you don’t know me at all. My growth game is strong. Allow me to reintroduce myself.
“
1. WE MOVED DOWNTOWN
27
WE MOVED THE COMPANY FROM SUBURBAN OKC BACK DOWNTOWN, INTO THE HEART OF THE CITY
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CONTEMPORARY, MODERN DESIGN TO COUNTER PERCEPTIONS THAT OUR INDUSTRY IS OLD AND TIRED
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OPEN FLOOR PLAN TO ENCOURAGE BETTER COMMUNICATION AND INTERACTION
30
STATE-OF-THE-ART VIDEO PRODUCTION STUDIO, OPEN TO THE STREET SO CITIZENS CAN VIEW ACTIVITY INSIDE
31
NEW CUTTING-EDGE 42’ X 24’ DIGITAL VIDEO SCREEN ON OUR BUILDING CARRIES NEWS INFORMATION AND ADVERTISING CONTENT 24/7
2. WE INTRODUCED NEW CORPORATE BRAND IDENTITY
33 REINTRODUCING THE OKLAHOMAN
NEW LOGO
34
NEW BRAND IDENTITY ELEMENTS
BusinessCardsEnvelopes Leaerhead
Sponsor-Signage
REINTRODUCING THE OKLAHOMAN
NewspaperRacks
Adver5singBuildinganddeliverytrucks
3. WE LAUNCHED NEW BRAND CAMPAIGNS
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REINTRODUCING THE OKLAHOMAN
BRAND OBJECTIVES BRAND CAMPAIGN § ReintroduceTheOklahomanandposi5onthebrandas
thestate’smostcontemporary,dynamicnewsmediaorganiza5on–theleaderincrea-ngcredible,unbiasedandvaluablelocalnews,sportsandinforma-on.
§ Numerousaccessibilityop5ons.§ Highlyfocusedoncommunityengagement.§ Providingvaluetosubscribersandadver5sersand
deliveringalevelofqualitythatOKCexpectsanddeserves.
§ Ac5ngasa5relessadvocateforOklahomaCity.§ Strongcall-to-ac5onandexpectedtodrivecircula5on
growthinaddi5ontoimprovingbrandhealthmeasure.
SPORTS CAMPAIGN § Wewillalsolaunchanewcampaignfocusing
onourleadershipinsportscoveragetotapintoprospects’interestinsports(focusgroupsandsurveys)andtheirbeliefthatoutstandingsportscoverageisastrengthofourbrand.
37
1
Consumerstrusttheopinionsandrecommenda5onsofotherconsumersandexpertsaboveallotherformsofmarke5ngmessages(Nielsen).
Tellsourstorythroughthevoiceofourbestadvocates–ourcustomers.
Non-readerscanbeinfluencedbytes5monials(Brandware).
Avoidsreinforcingourimageasarrogantandeli5st.
TESTIMONIAL APPROACH
v
v
v
v
REINTRODUCING THE OKLAHOMAN
38
REINTRODUCING THE OKLAHOMAN
CREATIVE STRATEGY
I’ll check out social media sites to see what everyone is talking about, then I turn to The Oklahoman for the facts.
-- Kristen, PE Teacher
“ “ HowWeTellOurStory
SUBSCRIBER
39
REINTRODUCING THE OKLAHOMAN
CREATIVE STRATEGY
We were slow to understand the devastating effects that addiction can have on a state. With The Oklahoman’s coverage, laws were passed
that make our community safer. -- Kris Steele, Former Oklahoma House Speaker
“ “ HowWeTellOurStory
COMMUNITY
40
REINTRODUCING THE OKLAHOMAN
CREATIVE STRATEGY
The Oklahoman enables us to reach consumers in the market with the means to
purchase. In fact, 50% of our phone calls come from The Oklahoman – and that’s very
good! --Justen, Sales Manager Bob Moore Cadillac
“ “ HowWeTellOurStory
ADVERTISER
41
MEDIA STRATEGY
Emphasizeliveprogramming,becauseconsumersarelessliketoskipouradver5singduringlivebroadcasts.
DVR-PROOFEDPLAN
Spendmediadollarswhenconsumersarein-markettobuy.
MATCHMEDIAWEIGHTTOSUBSCRIBERSTARTSEASONALITY
FocusmediaweightonlocalTVnewsandsportstoalignwithoursubscribers’
preferences.
ALIGNMEDIASPENDWITHCONSUMERS’CONTENTPREFERENCES
SpendmediadollarswhenconsumersarewatchingTV.
ALLOCATEMEDIABUDGETTOREFLECTTVVIEWERSHIP
SEASONALITY
Spendmediadollarsoutsideofourownmediaproper5esinordertoreachnon-subscribers.
FISHWHERETHEFISHARE…
REINTRODUCING THE OKLAHOMAN
42
METRICS
MediaPlanPerformance
CampaignPerformance
Crea5veProduct
Con?nuousOp?miza?on
“Notenoughtojustmeasuresubscrip5ons;wemustmeasureMROIandKPIs.”WetrackhundredsofdifferentKPIsdaily;dataisusedtocon5nuouslyop5mizemarke5ngperformance.
B2BLeadGenera5on
REINTRODUCING THE OKLAHOMAN
43
Social
BRAND CREATIVE
SignageChesapeakeArenainOKC
Digital TV-Spots
REINTRODUCING THE OKLAHOMAN
44
REINTRODUCING THE OKLAHOMAN
BRAND VIDEOS
46
SPORTS CREATIVE
Social
Digital
SignageChesapeakeArenainOKC
TV-Spots
REINTRODUCING THE OKLAHOMAN
47
REINTRODUCING THE OKLAHOMAN
SPORTS VIDEOS
RESULTS
50 RESULTS
WEBSITE TRAFFIC
Wemo5vated630,000consumerstovisitourmarke5ngwebsite,
OklahomaUnfolded.com,wheretheywereexposedtoourbrandand
marke5ngmessage.
That’s61%ofallOklahomaCityAdults.
630,000
51 RESULTS
BRAND AWARENESS
Raised aided awareness to 95%.
95% 41%
Raised unaided awareness by 41% compared to benchmark
52 RESULTS
BRAND FAVORABILITY 33%
Brandfavorabilityincreased33%comparedtothebenchmark.
53 RESULTS
PURCHASE CONSIDERATION 87%
Wenearlydoubledpurchaseconsidera5onamongyounger
prospects,growing87%.
54 RESULTS
CIRCULATION THOU-SANDS ofnewsubscrip5onsgeneratedbymarke5ngcampaigns,aswellas
reducedsubscriberstops.
55 RESULTS
BUSINESS TO BUSINESS
Tripledthenumberofsalesleadstoouradver5singandmarke5ngservicesteam.
600+
56 RESULTS
BUSINESS TO BUSINESS
Exposed50,000+OklahomaCitybusinessestoTheOklahoman’sadver5singplasorms
andmarke5ngservices.
50,000+
57
SOCIAL MEDIA
RESULTS
MorethandoubledTheOklahoman’ssocialmedia
footprintfrom15,000FacebookLikesto34,500
Together,TheOklahomanandNewsOKreached114,000FBLikes
2x
58
OUR AWARDS
THE OKLAHOMAN
haswonfourdifferentglobalawardsformarke5ng
effec<venessandcrea<vity.
59
FINAL THOUGHTS PERFORM AN HONEST ASSESSMENT OF YOUR BRAND
§ Knowwhatconsumersinyourmarketthinkaboutyourbrandandproducts–“yourbrutalfacts”
§ Understandhowtheyperceiveyourstrengthsandweaknessescomparedtoyourcompe5tors
§ Brandswithhighaidedawarenessandlowunaidedawarenessareinsteepdecline
§ Market!