- Understand the brand - communicate throughout the report
- Research investigation (personal outcome)
- Clearly defined sections (Simple communication)
- What is your objective?
Research Plan
- Company/industry context/competitors (perceptual map)
- Customers
- Product
- Market segmentation
- All aspects of design
- Current promotional trends
- Future directions
Types of Research
- Primary (visuals,interviews,questionnaires)
- Secondary (Mintel, magazines, articles, internet, books, journals)
Sources
- Mintel
- WGSN
- Magzines
- Internet
- Focus Groups
- Journals
- Books
Define your aims
- What should I focus on?
- Market, SMART objectives, 5 It's, 6P's, Summary/Conclusion
Question the appropriateness of everything you are including (PRIORITIES)
Structure
- Title
- Contents list
- Abstract
- Methodology
- Lit Review
- Introduction
- Market Segmentation
- SMART OBJECTIVES
- 5 It's
- Main Body
- Summary/conclusion
- Bibliography
- Appendicies
Market Segmentation
- How is the market broken down?
- Where does the product/service sit?
- Market Level
- Who are the competitors? Do they pose a threat?
- Target market
- Need? Desire? Want?
Smart Objectives
- Specific
- Measurable
- Achievable
- Realistic
- Time
Product/Service
- What are the features?
- USP
- ESP
- Styles, colours, ranges, features, brand extensions
- Life Span
Price
- Look at competitors
- Price strategy
- Will it make a profit?
- Price reflection
Place
- Is it available in the right place?
- IS it good footfall?
- What does the store look like?
- Where will it be sold?
- What are the benefits?
- Is it available on global or inter nation scales?
- Available in particular places?
Promotion
- Communication
- How can you reach your consumer?
- What promotion works best?
- Specialist advertisment?
- Specialist advertisements
- Communication specialist
- Objectives
- Raise awareness
Things to consider;
- Packaging
- Celebrity endorsements
- Sponsorshop
- Press releases
- Launch party
- Graphics
- Advertising
People
- Specialist skills from staff?
- Trained in a special way?
- Particular selling technique?
- What customer service can they offer?
- Uniform or corporate clothing?
Persuasion
- How will you persuade the consumer?
- Do the brand values equal the consumer values?
- Does the lifestyle represent the service?
- Understand the gap in the market
- What message will the promotion communicate?
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