Reveling in Ralph Lauren: Final Adv 492 Project

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Reveling in Ralph Lauren New Media Marketing Proposal By: Molly Mann

description

Final Adv 492 project for MSU New Media

Transcript of Reveling in Ralph Lauren: Final Adv 492 Project

Page 1: Reveling in Ralph Lauren: Final Adv 492 Project

Reveling in Ralph LaurenNew Media Marketing Proposal

By: Molly Mann

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Strengths - Brand image: premier

American luxury clothier

- Strong presence online- Mobile Applications

Weaknesses- Narrow audience- Expensive

Opportunities- Expanding mobile and online presence - Diversifying the buyer market

Threats-Competition-Downturn in the economy

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Ralph Lauren’s Greatest Challenge

BROADENING THE AUDIENCE

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Ralph Lauren's mission isto redefine Americanstyle, provide qualityproducts, create worldsand invite people to

takepart in our dreams.

Invite Who? Invite Who?

Europe & AsiaEurope & Asia

GOAL

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HOW TO ACCOMPLISH THIS?

Maximize Mobile and Online Presence

Trendy Models/Professionals in Europe and Asia

Make “Corporate” feel “Local”

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Key ComponentsCaptivate Asian and European Markets through

Social Media

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YOU TUBE CONTEST

Who will be the next face for the Ralph Lauren Europe and Asia Campaign?

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Viral Marketing Campaign in Europe and Asia

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METRICS OF SUCCESS

• Google Analytics

• Twitter Polls/Surveys

• Number of Votes

• Increased Sales?

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CAMPAIGN BUDGETTimeline0--------------------------6 months----------------------1 yrResearch, Organize, Create Launch, Implement, Begin Evaluation

Budget 1,000,000

Research 25%

Social Media 50%

Campaign 20%

Continuing development 5%