Marketing Strategy - The Science & Psychology of Effective Campaigns

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MARKETING STRATEGY RYAN HEGRENESS, OPERATIONS MANAGER CITY OF WESTMINSTER PARKS, RECREATION & LIBRARIES THE SCIENCE & PSYCHOLOGY OF EFFECTIVE CAMPAIGNS

Transcript of Marketing Strategy - The Science & Psychology of Effective Campaigns

MARKETINGSTRATEGYRYAN HEGRENESS, OPERATIONS MANAGER CITY OF WESTMINSTER PARKS, RECREATION & LIBRARIES

THE SCIENCE & PSYCHOLOGYOF EFFECTIVE CAMPAIGNS

INTRODUCTION

PREVIEW

BEHAVIORAL ECONOMICS

EXPE

CTAT

IONS

SOCI

AL N

ORMS

THE P

OWER

OF PR

ICE

THE P

OWER

OF PR

ICE

THE P

OWER

OF FR

EE

0

3,000

6,000

9,000

12,000

2012 2013 2014 2015 2016

30% Growth

32% Growth

FACILTY ADMISSION JANUARY 1-7

THE P

RICE

OF OW

NERS

HIP

0

2,250

4,500

6,750

9,000

2012 2013 2014 2015

30% Growth

FACILTY ADMISSION JANUARY 1-7

$13,000

$14,000

$15,000

$16,000

$17,000

2012 2013 2014 2015

$16,098

$13,335

$15,159

$15,906

PASS REVENUE JANUARY 1-7

12% Decrease

$0

$50,000

$100,000

$150,000

$200,000

2012 2013 2014 2015 2016

$185,898

$16,098$13,335$15,159$15,906

PASS REVENUE JANUARY 1-7

12% Decrease

1,055% Growth

RELATIVITY

Given three choices: A, B (distinct, but equally attractive) and A- (similar, but inferior), we will almost always choose A because it is clearly

superior to A-.

RELA

TIVITY

16%

0%

84%

16%

0%

84%

68%

XX

32%

ANCH

ORIN

G

ANCHORING

BEHAVIORAL ECONOMICS

https://www.flickr.com/photos/ashleigh290/

PERSUASION

RECI

PROC

ITY

https://www.flickr.com/photos/grenade/96869150/

SCAR

CITY

AUTH

ORITY

https://www.flickr.com/photos/nashvillecorps/5760746822/

CONS

ISTEN

CY

LIKIN

G

CONC

ENSU

S

PERSUASION

CONSUMER BEHAVIOR MODELS

AIDA

• ATTENTION

• INTEREST

• DESIRE

• ACTION

THE MARKETING/SALES FUNNEL(ONE VERSION OF MANY)

THE ZERO MOMENT OF TRUTH

CONSUMER BEHAVIOR MODELS

Purple Cow

BLUE OCEAN STRATEGY

BLUE OCEAN STRATEGY

BLUE OCEAN STRATEGY

BLUE OCEAN STRATEGY

PERMISSION / INBOUND MARKETING

WHY THINGS CATCH ON

SOCI

AL CU

RREN

CY

TRIG

GERS

EMOT

ION

PUBL

IC

PRAC

TICAL

VALU

E

STOR

IES

START WITH WHY

http://www.youtube.com/watch?v=IPYeCltXpxw

START WITH WHY

WHY

HOW

WHAT

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REVIEW

QUESTIONS?