Course: Marketing
Description
Marketing is a process of connecting with consumers through the coordination of four key elements: identification and development of the product, determination of its price, selection of the distribution channel to reach the consumer's place, and development and implementation of a promotional strategy. The interviews will showcase these four elements through topics such as brand research and positioning, sampling and store demos and merchandising techniques.
Lessons
Intro to Branding
- What’s the difference between design and branding?
- What are the key elements of branding?
- Why is branding important?
- What are the key steps for building a brand?
- What are the differences between a brand and a product?
- Can I -- or should I -- personally be part of my brand?
- I already have a design in mind for my product. Can you create a brand around this?
- What are the pros and cons of trying to create a brand for my own demographic?
- My brand isn’t getting quite response I had hoped for. Should I tweak it or start over?
- Is it important to have an icon or a character as part of my brand?
- Should I consider licensing another brand rather than creating my own? What are the pros and cons?
Brand Research and Positioning
- What areas of the beverage set do you see generating the most interest amongst consumers?
- Do you think we’re in a situation now where brands do better to look at consumer segmentation for growth or better off offering a proposition and seeing if a consumer segment will move towards it?
- How does a brand research and analyze consumer data to determine which segments are purchasing their product?
- Can you learn anything from visiting stores that carry your product?
- When you’re reframing a set how to do you insure that you’re not being duplicative of other members of that set?
- For entrepreneurs attempting to enter an established category, is it important to look at where the weighting of a particular category is in terms of premium vs. commodity to try to figure out where your entry point should be?
- In any kind of consumer packaged goods category, what’s the typical set of pricing levels and how are they defined?
- When creating a category is it a good idea to have your product enter the market place as the premium for that category?
- What is Market Segmentation?
- How can I use market segmentation to my advantage when launching my product?
- What are some avenues to reach my targeted market segment? Does it change based on what my market segment is?
- What should I do if an unexpected or unplanned market segment adopts my product?
- How effective is connecting with potential consumers? Are different methods more effective than others?
- What’s the biggest mistake you’ve seen a brand commit when attempting to come to market?
- How does a small company differ from a large company when it comes to the food and beverage industry?
- What are some advantages to working at a small company vs. a large company?
- What type of marketing budget should I allocate for a small startup company?
- What’s a bottoms up/zero based method to building a marketing budget?
- Where do I start when considering the name of my product?
- What’s a good place to draw inspiration from when considering my brand & product name?
Building a Brand Around a Cateogory
- Where did you find your new ingredient?
- When was the first moment that you realized you wanted to take this new ingredient and formulate a new product?
- How much testing or trial & error was involved in creating your new product?
- When working with your new ingredient did you ever worry about competition and losing your first to market advantage?
- How would you suggest securing a constant source/supply of a new ingredient?
- How do investors, retailers and consumers generally react to new ingredients?
- How does consumer education occur when bringing a new ingredient into the market?
- How would you define Lifestyle of Health and Sustainability (LOHAS)?
- How has LOHAS affected consumer good products?
- Do LOHAS brands have to have defined social mission or can they be associated with LOHAS qualities?
- What percentage of the consumer base is more excited about a LOHAS brand vs. a price sensitive or tasteful brand?
- What are some key characteristics of LOHAS brand packaging?
- What does the LOHAS demographic look like?
Brand Assessment
- How many competitors should be analyzed during a competitive audit?
- What’s a competitive audit?
- When and how can you use a competitive audit for?
- When it comes to focus groups what should I be looking for in terms of feedback and where can I build them?
- What are some tips you would give a brand attempting to run a focus group on their own?
- Who makes up a perfect focus group?
- How and where can I get honest feedback?
Packaging and Design
- What can a design firm do for my food product?
- What’s the best time during the product lifecycle to engage a design firm?
- What do I need ready when meeting with a design firm?
- Who actually owns the design and intellectual property that’s created?
- Are design firms willing to collaborate with brand owners on the final product?
- How long is a typical commitment with a Design Firm? Do Design Firms require retainers?
- What’s the typical turn around from conception to launch?
- Where can I save time or what can I do to help my design firm shorten the design process?
- What is brand collateral?
- Can I design some of my brochures, advertising on my own after working with a Design Firm?
- What is a style guide?
- What are some common mistakes that young entrepreneurs make with brand collateral, and how can I avoid them?
- What should be my goal in designing my company or product’s logo?
- Can anyone create a logo?
- How important is the logo design relative to the rest of the design of the package?
- Should I worry about trademarks during my initial logo creation process?
- Which comes first? The product name, the brand or the logo?
- How many design concepts are generally created vs. how many are presented?
- How many different areas should be taken into consideration during the initial product design?
- Are all product design processes the same?
- I already have a product and logo, what else can be used to create a better customer interaction?
- Can you closely copy an existing offering and still make it your own?
- Can a product appeal to a buyer and not a consumer? Vice versa?
- What is a category code? Can you break them?
- What are the key elements of a successful package?
- Do I need to include all product benefits on my package?
- How do I best connect with consumers through my packaging?
- What is a Consumer Packaged Good? (CPG)
- What draws entrepreneurs into creating a Consumer Packaged Good? What is the allure?
- What are some risks with creating a CPG?
- What comes first, the product or the packaging?
- What are some common mistakes I can make with my packaging?
- At what point during the product design should I have a legal expert review it?
- What does packaging structure say about my brand?
- How does the design process differ from a custom structure to a stock structure?
- How is cost and time impacted by a custom structure?
- What influences packaging and the structure of my product?
- What are some key elements of a successful package?
- Do I need to include all product benefits on my package?
- How do I best connect customers through my packaging?
- What comes first, the product or the packaging?
- What are some mistakes that young entrepreneurs make with packaging, and how can I avoid them?
- What does the packaging structure say about me and my brand?
- When should I choose a custom structure for my product?
- How does the design process differ from a custom vs. stock structure?
- What are some key elements to a successful package?
- Do I need to include all product benefits on my package?
- How do I best connect with consumers through my packaging?
- What comes first, the product, name or package?
- What are some mistakes entrepreneurs can make with packaging?
- What’s the process for creating a good package?
- How important is the location that I’m selling my product when it comes to packaging?
- What are some of your top tips/guidelines when deciding what package and what design will work with your product?
- I’m going to list a couple products. Tell me what about the packaging and design I should be highlighting? – Snack Bars, Candy, Jarred Fruit, Vegetable Products, Crackers?
- What are some of the most important components to consider when it comes to designing a successful package for food? for beverages?
- What are some in-vogue packaging designs at the moment?
- How much should packaging factor into the overall price of a product?
- What are some common mistakes you see in package design?
Advertising and Marketing
- How should I appropriately market the benefits of my functional ingredients?
- How do I substantiate my marketing claims and what are the requirements?
- Can I use words like “the best” or “the leading”?
- What impact do my marketing and advertising claims have on my product’s compliance?
- What’s the importance of public relations to promote my product?
- When should press releases be created and distributed?
- How does public relations and marketing work together?
- What’s the reasonable expectations for my public relation efforts?
- Should my public relation focus be more on trade or consumer media?
- How do I know what’s the right demographic for my beverage?
- What are the spending habits of baby boomers?
- What are the spending habits of the millennial market?
- What are some options when marketing towards children?
- Can I market a functional beverage to children?
- When should a brand start thinking about a marketing strategy?
- How does a marketing strategy change as brands move from early-stage to one that has been around for a few years?
- Is it more important to target marketing strategies around existing customers or new ones?
- What are some marketing channels you recommend a brand focus on when they are starting out?
- Do you have any tips on implementing a successful marketing strategy?
- What’s the difference between a marketing strategy and a marketing plan?
- As a beverage startup, when I am ready to hire an agency to handle my marketing?
- What kind of field marketing techniques can I handle in-house vs. outsourcing?
- What should I look for in a marketing agency?
- What are the benefits of outsourcing my brands marketing to an agency?
- Why would I want to use an independently held organization for marketing?
- What’s the importance of an assignment brief?
- How long is a typical Marketing Agency contract?
- What is a typical budget when using a Marketing Agency?
Sampling and Store Demos
- What is a Sampling Campaign?
- What should I consider during the planning stages of a sampling campaign?
- Where are some physical locations that I can execute my sampling plan?
- Are there other activities I can utilize in conjunction with the standard sampling of my product?
- Should I consider branded items such as hats and t-shirts or should I focus on my product during a sampling campaign?
- Who needs to be involved in my sampling campaign?
- How do I know if my sampling campaign was a success?
- When budgeting my sampling campaign what are some factors I should consider?
- Why is it important to demo a product for Whole Food consumers?
- Can I run my own demo program or does Whole Foods have it’s own team?
- How can I get a demo authorization from Whole Foods Market?
- How difficult can it be to get a demo authorization from Whole Foods?
- Is the authorization process store-by-store or region-by-region?
- How does demoing at Whole Foods differ from other natural/grocery stores?
- Do I have to run a discount on my product during a demo period?
- I want to do more than just demo my product, possibly give something away or create more of a launch for my product. Are there limitations to this when working with Whole Foods?
- What level of assistance will Whole Food Market employees help with my demo?
- Will Whole Foods have blackouts on hosting demos at their stores?
- What type of metrics should I try to capture post Demo?
- Will stores help connect product sales to demo hours?
- Should I try to obtain customer information during the demo for post event contact?
- What are some lessons I should look to learn post demo?
- How long should I wait to demo at the same location again?
- What’s the biggest problem a brand will face during a demo?
- What is Product Sampling or Product Demos?
- Can any food or beverage product be sampled or are there limitations?
- When do I need authorization for a demo?
- What is a brand ambassador?
- Where can I find brand ambassadors?
- How do I get consumers to sample my product?
- Is there a difference between giving out a full product vs. sample?
- When it comes to sampling which is more important: demonstration or education?
- What’s the ultimate purpose of hosting a demo?
- What's the biggest problem a brand will face during a demo?
- What is Product Sampling or Product Demos?
- Can any food or beverage product be sampled or are there limitations?
- Do I need a permit or health inspection certificate to complete a demo?
- When do I need authorization for a demo?
- What type of training is suggested for individuals running a demo?
- What is a brand ambassador?
- Where can I find brand ambassadors?
- What do I need on hand for running a demo?
- When should I consider hosting demos?
- How do I get consumers to sample my product?
- Is there a difference between giving out a full product vs. sample?
- How long is a typical demo? Does it vary by location?
- How many people should be on hand to run a demo?
- When it comes to sampling which is more important: demonstration or education?
- What’s the ultimate purpose of hosting a demo?
- What's the biggest problem a brand will face during a demo?
- What type of metrics should I try to capture post Demo?
- Will stores help connect product sales to demo hours?
- Should I try to obtain customer information during the demo for post event contact?
- What are some lessons I should look to learn post demo?
- How long should I wait to demo at the same location again?
- Should I write a job description for my sampling team?
- Is there a difference between a brand ambassador and a brand advocate?
- How important is it understanding the target audience when evaluating the makeup of brand advocates and ambassadors?
- How do I retain my man power/sampling team?
- What kind of direction should I give my sampling team?
- Do I need to train my sampling team?
- Should I consider “role playing” for my field marketing team?
- Is sampling a key component to marketing?
- When should I start sampling?
- Is sampling the same as letting my friends and family test my product?
- Is authenticity important for brand sampling?
- How do I get consumers to try my product?
- Is there ever too much sampling?
- How should I budget my marketing expenses to include sampling costs?
- Is there a difference between sampling a alcoholic beverage vs N/A beverage?
- Who should be handling my sampling?
- What are the pros/cons of investing in branded vehicles?
- What are the biggest operational issues that may accompany sampling?
- Should I consider a customized product packing for a specific sampling event? Rollout?
- Where do brands make mistakes during sampling?
- Does the sales team need to work with marketing?
Types of Marketing
- What is field marketing?
- Is field marketing different than sampling?
- What are key performance indicators for field marketing? How are they measured?
- Are local or state laws important to consider when implementing field marketing plans?
- How do you evaluate locations for field marketing?
- Can social media rival traditional field marketing?
- What is activating a brand?
- Can you define brand loyalty?
Public Relations
- How far in advance should I be considering public relations tasks for my brand?
- What should I consider when building out public relations plan?
- How important are past public relations for my brand?
- Can I try to send different messages about my brand in different markets?
- What are editorial calendars and how do they impact my planning?
- How and when will I know if my public relations plan succeeded?
- Should my company become an early adopter to new social media platforms?
- Who should have access to my represent my brand?
- What should my social media content consist of? Day to day practices or monumental updates?
- Should I actively search for existing comments, tweets, etc. on my brand and respond?
- What are some options I can do with a small budget?
- Has social media killed traditional marketing and consumer touches?
- Can a PR agency help me obtain a celebrity endorsement or partnership?
- What type of access is typical of working with a celebrity persona?
- What are celebrities looking for? Pay day vs. Equity in a brand?
- Do have any tips on approaching a friend to become a brand ambassador?
- When during my product life cycle can I think about hiring a public relation expert or agency?
- What are some common tasks that a public relation associate can assist me with?
- I’m afraid of losing my brand personality, are there any check and balances when working with a public relations agency?
- Will I be able to use other public relation associates in the other parts of the country?
- What can I do to make my product or brand more likely to be picked up by a public relation agency?
- What’s the difference between PR and Advertising?
- Are there any red flags to be worried about when choosing a PR Agency?
- What can I do to help my PR agency or hire?
- What is public relations and what areas does it encompass?
- How is PR different from advertising? Is it as effective?
- What can effective PR do for a new food or beverage brand?
- Let’s say a company has received bad PR in the past. What are some integral steps it should take immediately?
- What are some trends you are seeing in PR today that are having good results?
- What should newer brands with limited resources focus on in terms of PR?
- How much time should new brands spend on PR?
- What percent of a marketing budget should be spent specifically on public relations?
- What goes into creating a story for a brand?
- What should a brand owner keep in mind as he/she is putting together a story?
- How do you "craft a brand’s story" while still staying authentic and genuine?
- What is your goal in crafting a brand’s story?
Consumer Insight
- What does consumer insight mean? What areas does it cover?
- What are some methods that a new entrepreneur, with limited resource, can use to gain more information about their target consumer?
- What are qualitative and quantitative tests and how do I use each?
- How does someone with limited experience and resource go about analyzing the data they have? Are there important metrics they should be focusing on?
- What are my goals when it comes to getting and analyzing consumer data?
- What is Bases and how can they assist in my market research efforts?
- What should you find out about the consumer when building a marketing plan?
- What factors go into what product a consumer wants and eventually buys?
- How do you recognize when a consumer need has changed and what do you do about it?
- How often should you be collecting data? How often should you be analyzing it?
- Should consumer insight affect the production of my goods or should I produce the goods first and work on changing the marketing strategy?
Social Media
- Can you tell me about the different social medias and whether there are different techniques in telling a story through each of them?
- As a new brand, how do I start getting followers? Are there specific techniques I can use?
- What are your thoughts about buying followers?
- What is the proper etiquette for social media and can you give me some examples?
Building Relationships
- How have you built the retail and distribution networks you have thus far?
- How do you build upon relationships with your distributors, brokers or retailers when you are a new brand?
- Is it a good idea to send your distributors or brokers samples without asking to build relationship?