CASE STUDY 2
The Pudding…
Scenario:
- Client referred by their banker.
- Looking for advice on how to market their high end recreational products.
Analysis
- Distinct, regional target geography.
- Multiple, well-established competitors.
- Three distinct prospect pools.
- Limited promotional monies available from product manufacturers.
- Price range $100,000-300,000 per unit.
- High name recognition and value association for product lines.
- Extremely creative client
Discussion
- Best channels to accelerate name recognition.
- Needed to narrow down promotional options.
- Avoid “me too” approach to marketing.
Outcomes
- Market to “multipliers” positioned for referrals.
- Referral premiums for multipliers: cash or accruable credit toward their own purchase.
- Researched and created 250-prospect database of best targets.
- Arranged personal introductions to key referral sources.
- Designed and distributed three-dimensional direct mail.
- Prepared and trained staff on follow up scripts.
- Obtained additional direct mail enclosures for use in other promotions.
- Developed individualized branding for products.
- Sourced complimentary promotional items.
- Extreme customer receptivity for promotional items.
- Direct mail and follow up in initial stages. Referrals incoming.