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Lowe's: Optimizing Marketing Communications Group 3 Sec A

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Page 1: Lowe

Lowe's: Optimizing Marketing Communications

Group 3Sec A

Page 2: Lowe

Overview

Founded in 1946 Home product retailer Sales of $42.8B (2008) Region : Canada & US NGIS launched in 2009 to gain in kitchen

remodeling arena

Page 3: Lowe

IMC for NGIS

Next-generation installed sales Kitchen Remodeling project initiative End to End solution provider Choice between Do it yourself (DIY) and Do it

for me (DIFM)

Page 4: Lowe

Objective of IMC

Become and stay top-of-mind for prospective customer

Gain and hold awareness Engage customer through the various touch

point across the buying cycle Maintain healthy relation with customer and

grow base

Page 5: Lowe

Stages of customer decision process

Page 6: Lowe

Alternative 1

Heavy investment in Traditional Media

Television and Radio Ad

magazine and newspaper ads

Consumer promotion Light investment in Digital Media

Promotion

Paid search and Digital displays

Social media promotion

Page 7: Lowe

Alternative 2

Heavy Investment in Digital Media

Paid search and Digital displays

Social media promotion

Web Based customer design tool

Digital DirectsLighter investment in Traditional media

In store kiosks

Page 8: Lowe

Stage 1 – Incubation

Page 9: Lowe

Stage2 – Active shopping

Page 10: Lowe

Stage 3 – Post completion

Page 11: Lowe

Plan of Action

Page 12: Lowe

Plan of action

Page 13: Lowe
Page 14: Lowe

Thank You !