lenovo social media strategy
DESCRIPTION
TRANSCRIPT
Lenovo Social Media MarketingRyan Woodington
New Media Drivers License Spring 2012
CHALLENGES FACING LENOVO
Outsized by competition
Relatively low brand preference
Fiercely competitive industry
LENOVO’S GOALS
Build a customer base of diverse, loyal consumers
Build brand recognition
Build a customer base of diverse, loyal consumers
STRATEGY PROPOSAL Seasonal targeting of students in the fall and soon-to-be
professionals in the spring
Strong focus on emerging markets of China and India
Development of even more targeted content with a strong focus on SEO to push the new content
BLOGGING• Offer special discounts to
students who use their Lenovo laptops to blog about how the computer helps them do
• Offer a trade-in promotion so graduates can upgrade more cheaply
SOCIAL MEDIA
• Use well-known personalities of the targeted country to gain substantial credibility fairly quickly
• Familiarize consumers with the features through entertaining demonstrations
BUDGET
$2,000,000 to be spent on acquiring celebrities, producing content, and purchasing adwords such as:Back to school promotion Laptop saleCollege laptop
A portion of the budget will go towards analyzing
METRICS FOR ANALYSIS
• Although not completely telling, followers is an important metric to pay attention to
• CTR
• Number of desserted shopping carts
• Number of email addresses given with .edu
TIMELINE FOR PROPOSAL
• Peak sales should be realized around August
• Next highest sales period occurring late April, early May
• ROI expected to be around $1.50 for every $1 spent
CONCLUSION• Students and young
professionals are frequent purchasers of laptop computers
• Laptops are Lenovo’s leading product
• Emerging markets allow for a new segment to adopt a brand preference for Lenovo with less interference
• Social media marketing is very calculable and returns can be quantified fairly easily