How to Plan your 2015 Promotions Calendar for Success
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Transcript of How to Plan your 2015 Promotions Calendar for Success
#PromotionsLab
#PromotionsLab
Matt Chaney@mattchaney
Liz Crider@emcrider
Presenters
#PromotionsLab
Questions
Note: We are recording this webinar and you will receive an email with links to the recording and slide deck.
#PromotionsLabFollow @secondstreetlab on
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Second Street Platform
PROMOTIONS SUITE DATA SUITE
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WHY PLANNING MATTERS
#PromotionsLab
“If you don't know where
you are going,you'll end up someplace
else.”
-Yogi Berra
#PromotionsLab
Goals Are the Roadmap to Success
#PromotionsLab
Be Focused on the RIGHT Things
#PromotionsLab
Sell Efficiently
#PromotionsLab
Drive Significant Revenue
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Build a High-Quality Database
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“Plan your work. Work your plan.”-Beth MannWKDZ-FM & WHVO-FM
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“It’s got to bebig enough to matter.”
-Beth MannWKDZ-FM & WHVO-FM
#PromotionsLab
FOURSTEPS TO PLANNING
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Step 1: Establish Your Goals
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Step 2: Create a Promotions Team
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Q1 Q2
Step 3: Build a Calendar
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Step 4: Track Your Results
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EMAIL DATABASE GOAL
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Email Goal Calendar
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Email Goal CalendarStart with
Goal &Timeline
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Email Goal Calendar
Enter Your
Promotions
Plan Here
#PromotionsLab
Email Goal Calendar
Project & Track EachPromotion’s Results
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Email Goal CalendarRolls Up
AllProjections & Actual
Results
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Defining Your Email Database
Goal
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Create or Grow Promotions Database
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Make Database Its Own Goal
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Focus on Sweepstakes to Build List
=
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Ensure Its a High-Quality Database
First party data Truly opted in email addresses No purchased lists
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Why a Database Goal
is Important
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Bigger Database = Bigger Reach
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Bigger Database = More Valuable Promotions
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Bigger Database = More Segmentation Options
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Impact of Email
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Establishing & Executing
Your Database Goal
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Establishing Your Goal
How many people are in your market?Do you know how big your email database is?Are you reaching 80% of the local market?
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Set One-Year Growth Goal & Track
Clear GoalSpecific Timeline
Track Results
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Decide on Your Growth Trajectory
5% 10%
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Get Entire Organization Involved
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Capture Wherever Possible
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Ways to Maximize Database
Growth
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Give Away Prizes w/ Broad Appeal
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Have Prize Value Min. of $250
$250
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Leverage All of Your Assets
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Turn On Social Sharing Features
#PromotionsLab
Keep Form Short & Sweet
Email Name Zip Age Gender
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Planning CalendarWalk-thru
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Email Goal Calendar
Two Promotions
Surpassed Our Monthly
Goal
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SPONSOREDREVENUE GOAL
#PromotionsLab
Sponsored Revenue Goal Calendar
#PromotionsLab
Sponsored Revenue Goal CalendarStart withAnnual Goal
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Sponsored Revenue Goal Calendar
Enter Your
Promotions
Plan Here
#PromotionsLab
Sponsored Revenue Goal Calendar
Project & Track EachPromotion’s Results
#PromotionsLab
Defining Your Sponsored Revenue
Goal
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Think of It Like an Event
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Runs on Your Site
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Sponsorship = All Promotion Types
Submission BallotsSweepstake
sQuizzes
#PromotionsLab
Why a Sponsored Revenue
Goal is Important
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Drives Significant, Ongoing Revenue
$
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Aligns w/ Existing Initiatives
&
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Also Grows Your Database
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Captures Data & Insights
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Establishing & Executing
Sponsored RevenueGoal
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Decide Your Revenue Goal
$25,000
Per Quarter
$50,000
Per Quarter
#PromotionsLab
Seasonal and Holiday Events
Seasons Holidays
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Internal Initiatives
SpecialSection/Issue
MarketingEvent Programming
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Business Categories to Grow
Activities & Recreation
Restaurants Healthcare
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Target Specific Advertisers to Grow
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Top IdeasTo
p Ideas
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Sample Promotion PricingPromotion Type Medium Market
Sweepstakes $2,500
Submissions Title - $4,000Supporting - $1,200
Pick ‘Ems Title - $15,000Supporting - $2,500
Ballots Title - $20,000Supporting - $5,000
Quizzes $2,500
#PromotionsLab
Planning CalendarWalk-thru
#PromotionsLab
Sponsored Revenue Goal Calendar
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Sponsored Revenue Goal Calendar
Four Promotions
Surpassed Our Monthly
Goal
Also Generated
New Opt-ins
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ADVERTISERREVENUE GOAL
#PromotionsLab
Calendar Walk-Thru
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Calendar Walk-Thru
AdvertiserInstead of
Theme
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Defining Your Advertiser Revenue
Goal
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Put Your Advertiser in the Spotlight
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Runs on Advertiser’s Site or Page
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Custom Advertiser Promotions = Sweepstakes & Quizzes
Sweepstakes
Quizzes
#PromotionsLab
Why a Advertiser RevenueGoal is Important
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Additional Revenue Stream
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New Solutions for Advertisers
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Establishes You as the Expert
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Supports Your Agency Strategy
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Establishing & Executing
Advertiser RevenueGoal
#PromotionsLab
Decide Your Revenue Goal
$15,000
Per Quarter
$30,000
Per Quarter
#PromotionsLab
Establish Pricing
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Determine How Many Needed to Reach Goal
Quarterly Goal
Price Per Promotion
Number Needed Per Month
$15,000 $2,500 2x
$30,000 $2,500 3x
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Planning CalendarWalk-thru
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Calendar Walk-Thru
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RESOURCES
#PromotionsLabVisit Promotions University Booth
#PromotionsLab
• Contest Planning
• Ecommerce Planning
• Ballot PlanningPlanning
#PromotionsLab
• Contest Sales• Ecommerce Sales• Ballot Sales• NEW!
Advertiser ContestsSelling
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• Sweepstakes Admin• National Sports Admin• Ecommerce Admin• Submission Admin• Ballot Admin
Executing
#PromotionsLabsecondstreetlab.com
#PromotionsLab
August 27th at 1PM ET
secondstreetlab.com/webinars
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September 22 & 24 @ 1 ET
secondstreetlab.com/webinars
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Playbook: secondstreetlab.com/football
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Summit Report: secondstreetlab.com/report
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TAKEAWAYS
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Identify YourTop
Priorities
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Create a Promotions Team
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Create Time-Bound & Measurable
Goals
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Track Results &Adjust as Needed
#PromotionsLab
Matt Chaney@mattchaney
Liz Crider@emcrider
QUESTIONS?