Marketing Class 1

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Marketing & Audience Development Shane D. Hudson

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Transcript of Marketing Class 1

Page 1: Marketing Class 1

Marketing & Audience Development

Shane D. Hudson

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What is Marketing?

“The activity, set of instructions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.”

Selling stuff

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Marketing is about actively building good, defined, relationships with your

audience.

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Art vs. Cash

What Business Are We In?

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Marketing vs. Communications vs. Audience Development

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• Marketing = Sales (Using Communications, Engagement and Sales Tools)

• Communications = Communicating with Current Audiences, Potential Audiences, Press, and (I would argue) Internal Staff and Artists

• Audience Development = More About Connections and Community and Less Specifically About Sales.

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What Does Audience Development, Communications, and/or Marketing Entail?

• Branding - Tone, Institutional Voice

• Advertising - Print, Electronic, Outdoor

• Promotions – Sponsorships, Events, Partnerships

• Communications – Press, Web, Brochure, Emails

• Social Media – Not just marketing

• Box Office – Group Sales, Subscriptions, Single Tickets

• House Staff - Customer Service, Experience

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Beware of Silos

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Product Must Meet “Inclined Participants”

“Great marketing cannot make a bad script good or a weak performance strong”

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However…

• Patrons are more likely to see anything you produce if you…– Build trust– Create connections– Treat your patrons well

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The 4 P’s

The Marketing Mix

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The 4 E’s

• Experience (Product)• Everyplace (Place)• Exchange (Price)• Evangelism (Promotion)

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Broaden – Deepen - Diversify

• Broaden: attracting more of the same types of the persons already participating

• Deepen: increasing the of involvement of participants

• Diversify: attracting new types of participants

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Target Marketing

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Branding

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Positioning Statement

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Sales Force

• How are you selling your product?– Online

– Phone

– Box Office

– Volunteers

– Phone Centers

– Outside Services (E-Tix, TicketMaster…)

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Service• When does the experience being

– Once the show starts?

– Once you take your seats?

– When you enter the lobby?

– When you park?

– When you order your ticket?

– When you see an advertisement?

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A Note on Subscribers

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Dynamic Pricing

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Marketing Plan

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MAKE A PLAN

– Know what your goals are

– Know how you plan to achieve them

– Know your challenges

– Know your achievements (ROI)

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Organizational Profile and Audit

• Name, Location, History, etc.

• Current Programs and Projects

• Missions and Goals

• Review of Current Marketing Practices

• Financial Health

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Environment Analysis• Demographic

– Local/Regional Developments– Actions

• Economic– Trends– Changes in income– Actions

• Political– Legislation– Agencies– Actions

• Cultural– Lifestyle, values– Actions

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Challenges and Opportunities

Challenges– Declining Subscription Base– Competition– Lack of Marketing Technology– Few Single-Ticket Buyers– Lack of Diversity– Marketing Not Targeted– Lack of Customer Focus

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Challenges and Opportunities

Opportunities– State any Opportunities that might help meet

challenges– State Opportunities as facts

• Potential to increase subscriber base• Potential to expand technology• Potential to increase sales

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Objectives• Base Objectives on Opportunities

– Increase Subscriber Base by net 5%– Increase Individual Ticket Sales by 7%– Invest in Marketing Technologies

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Marketing Strategy• Game Plan

– Target Marketing: Who is being targeted?

– Positioning: What is your positioning in the market?

– Product: What do you sell?

– Price: How do you set pricing?

– Distribution: How do you sell?

– Sales Force: Staffing?

– Service: Are you thinking in terms of your customer?

– Promotion: Ads, Communication, Direct Mail (This is the actual media plan)

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Marketing ProcessThis is the blueprint, timeline, and roadmap!

• Detailed Action Plan– Who, What, When

• Timeline– Details, Details, Details

• Budget– How much, where?

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Controls and Evaluation

• How will you meet your goals?

• How will you manage your progress?

• Can you measure ROI?

• What is success?

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Don’t Forget The Audience

• Think in terms of audience• Remember how many distractions there are?• Think like an onion – You need many layers of

communication• Marketing is about experience

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Don’t Forget!

Key Messages

&

Big Ideas

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Shane D. Hudson– @shanedhudson (Twitter)– [email protected]– facebook.com/sdhudson