Insurers' journeys to build a mastery in the IoT usage
State Farm IMC Campaign Team 1-UCB Extension Idp
1. Home
Index
Introduction
Market analyze
Campaign 1
Workshop
C F w
Tradition Media
M C
T R N
N
Social Media
Tools
Dealer promote
Consequence
Anna Kuo
Car corporation Johnny
Joao
Training Paola
Soochul
Ted Wu
Budget
sponsorships
2. Home
Index
Introduction
Market analyze
Campaign 1 •Market analyze
Workshop
C F w
Tradition Media
T R
M
N
C •Sweepstake and workshop
N
Social Media
Tools
Dealer promote •Media plan
Consequence
Car corporation
•Car dealer
Training
Budget
•Sponsorship and budgeting
sponsorships
3. Home
Index
Introduction
It is a mature market
Market analyze
(higher rotation of customers)
Campaign 1
Workshop
C F w 41% clients will change company if it was
Tradition Media
M C easier
T R N
N
Social Media
Tools
Dealer promote 36% are from a single company
Consequence
37% trust in 2 different companies
Car corporation
Training
INTERNET BOOM!!!!!!!!!!!!!!
Budget
sponsorships
4. Home
Index
Introduction
Market analyze
Campaign 1
Workshop
C F w Last year $ 210 billion in auto insurance premiums were written.
Tradition Media
M C
T R N Allstate and Progressive are preferred among 18-24 years old
N
Social Media population
Tools
Dealer promote Consumers compare the auto insurance quotes online and the Number
of insured vehicles increases with household income
Consequence
Car corporation
Training
Budget
sponsorships
5. Home
Index
Introduction
Market analyze
Campaign 1 How to improve young students
Workshop understanding of the car & auto insurance
C F w
Tradition Media
M C
to protect by themselves.
T R N
N
Social Media
Tools
Dealer promote
Choose the appropriate insurance
Consequence
when having a car
Car corporation
The job market after graduation
Training
Budget
sponsorships
6. Home
Index
Introduction
Market analyze
Campaign 1
Workshop • Introduce dream: high
C F w
Tradition Media
M C class, middle class, and
T R N
Social Media
N
initial, basic car
Tools
Dealer promote • What kind of auto & rent
Consequence insurance is enough
Car corporation • How to maintenance your car
Training
• The job market after graduation:
Budget
State Farm
sponsorships
7. Home
Index
Introduction
Market analyze • 10% – 50% off •70% – 20% off
Campaign 1 • 20% – 30% off
Workshop
C F w
Tradition Media
M C
T R N
N
Social Media
Tools
Dealer promote
Consequence
Car corporation
Training
Budget
sponsorships
8. Home
Index
Introduction
Market analyze Apply meals after the workshop
Campaign 1
Workshop
C F w
Tradition Media
M C
T R N
N
Social Media
Tools
Dealer promote
Consequence
Car corporation
Training
Budget
sponsorships
9. Home
Index
Introduction
Market analyze
Campaign 1
Workshop
C F w
Tradition Media
M C
T R N
N
Social Media
Tools
Dealer promote
Consequence
Car corporation
Training
Budget
sponsorships
By doing the survey
10. Home
Index
Introduction Goal of the Traditional Media
•Attract young people to visit our website
Market analyze
•Publicize the sweepstake activity for a free car.
Campaign 1 •Promote the on-campus workshop held by our State
Workshop Farm Campaign.
C F w
Tradition Media
M C
T R N
N
Social Media
Tools
Dealer promote
Consequence
Car corporation
Training
Budget
sponsorships
11. Home
Index
Introduction
Market analyze
– Our TV advertisement is going to portray a
Campaign 1 real-live car-stolen situation in daily life, and in
C
Workshop
F w
the end will show our campaign website
Tradition Media
T R
M
N
C – Advertisement Creative Brief:
N
Social Media “In a sunny Sunday, a 23-year-old college student Justin was going
Tools
to surf with his girl friend Joyce. They enjoy the drive with the
Dealer promote
awesome weather and street view”
Consequence
– Broadcast Channel:
Car corporation
Lost- Tuesday 9:00 pm on ABC
Training
ESPN Sports channerl
Budget
sponsorships
Reference:http://www.tv.com/shows/multibrowse/
12. Home
Index
Introduction
Market analyze
– We target the favorite wake-up radio
Campaign 1
stations and the one listened to during
Workshop
C F w the commute to work:
Tradition Media
M C • KSFO & KGO Newstalk (SF)
T R N • 77-WABC & WPLJ (New York)
N
Social Media
Tools • WBAP-AM(Dallas/Ft.Worth)
Dealer promote • KLOS-FM(Los Angeles)
Consequence – Put a 30-second advertisement 4 times
Car corporation
a day during the morning 8:30-9:30 &
Training 5:30-6:30 commute time.
Budget
sponsorships Reference: http://www.clear-info.com/radiostations.html
13. Home
Index
Introduction
Market analyze
– Magazines are highly segmented and
Campaign 1
specialized magazines can help us
Workshop
C F w catch crertain goups of people.
Tradition Media
T R
M
N
C – Time, ENTERTAINMENT WEEKLY , Peo
N
Social Media
Tools
ple for general public
Dealer promote – For the malegroup: Auto Magazinessuch
Consequence as Car &Driverand entertaining magazines
such as GQ
Car corporation
Training – For the female gorup:
Fortune, InStyleand ShopeSmart.
Budget
sponsorships
14. Home
Index
Introduction
Market analyze
– newspaper is not a main info source that
Campaign 1
our target group. Thus, we will do Ad
Workshop
C F w only on the Sunday newspapers, and put
Tradition Media
T R
M
N
C ad on the newsperpaer websites:
N
Social Media • Columbus dispatch.com
Tools
Dealer promote • New York Times
Consequence
• USA Today
Car corporation
– We will put the cubical advertisement on
Training these websites, and by clicking on the
ad, the viewer will be transferred to our
Budget
campaign page.
sponsorships
15. Home
Index
Introduction
Market analyze • Usage: publicize the on-
campus workshop
Campaign 1
– Catch students’ eyes
Workshop
C F w Put a large space if
Tradition Media
M C advertisement
T R N
N With detail information
Social Media
Tools – Consider to use a
Dealer promote spokesperson
Consequence to convince people it’s real
Car corporation
Training
Budget
sponsorships
16. Home
Index
Introduction
Homepage-
Market analyze • A well-designed website with www.statefarmautoinsur.c
Contents:
Campaign 1 interactive content can invite
1. State Farm info
Workshop
more consumer dialogue. 2. Auto Insurance info
C F w 3. Survey
Tradition Media
M C 4. Interactive Forum
T R N
N
Social Media
Tools Websites-
Put cubical advetisement
Dealer promote
Yahoo!
Consequence Newsweek
Google
Car corporation MSN.com
Training
Budget
sponsorships
17. Home
Index
Introduction
Market analyze – Facebook
Campaign 1 • Build “Free Car State farm” clubs
Workshop
• put advertisement
C F w • create application to dilivery
Tradition Media
M C questionnaire
T R N
N
Social Media
Tools
– Twitter: we’ll use this platform to
Dealer promote send message of our State Farm
campaign, create buzz
Consequence
– Myspace & Plurk: create a page of
Car corporation
our campaign and try to link the
Training
browsers to our campaign
Budget homepage
sponsorships
18. Home
Index
Introduction
Market analyze
Campaign 1 Promotion:
C
Workshop
F w • Students buying the car in the local dealer’s stores
Tradition Media
M C
will have 50% discount with the first year of the
T R N insurance. (Contract signed for 2 years – pre
N
Social Media
Tools established rates for two years contract)
Dealer promote • A commission from the insurance total contract
Consequence prize (% to be combined) will be awarded by the
seller who could tie the car sale for each insurance
Car corporation sold.
Training
Budget
sponsorships
19. Home
Index
Introduction
Market analyze
Campaign 1 Consequence:
Workshop • The 50% in the car insurance cost could be
C F w
Tradition Media
considered a discount in the total car cost. This
M C
T R N
N
would help the sellers to sell the car.
Social Media
Tools • Because of the commission, sellers would be
Dealer promote motivated to tie the State Farm to complement
their income.
Consequence
• Dealer’s owner would look for State Farm
Car corporation company to increase their sales and boost their
Training marketing campaign.
Budget
sponsorships
20. Home
Index
Introduction
Market analyze
• According to online • Trade our survey
Campaign 1
survey by a web results
Workshop
C F w site (Smart • Posting our ad on the
Tradition Media
T R
M
N
C Money), we car companies’ web
N
Social Media selected two page.
Tools
Dealer promote
models of cars:
Hoda Fit & Ford
Consequence
Focus as our prize.
Car corporation
Training
Budget
sponsorships
21. Home
Index
Introduction
Market analyze
• Select 10 colleges
Campaign 1
each state.
Workshop
C F w • Two days weekend
Tradition Media
T R
M
N
C training 3 major
N
Social Media
Tools
course.
Dealer promote • Provide meal plan
Consequence • Trainers Salary &
Car corporation others cost from
Training our Budgets
Budget
sponsorships
22. Home
Index
Introduction
Market analyze TV 10%
Campaign 1 Radio 5%
Workshop Traditional Media Magazine 10% 35% $14,000,000
C F w
Tradition Media
M C Social Media 5%
T R N
Social Media
N The others 5%
Tools
Companies 10%
Dealer promote Tie-ins 25% $10,000,000
Dealers 15%
Consequence
Workshop 20% $8,000,000
Car corporation
SEC 10%
Training
Sponsorship NASCAR 5% 20% $8,000,000
Budget College Festival 5%
sponsorships
23. Home
Index
Introduction
Market analyze Southeastern Conference
College football & basketball
Campaign 1
Workshop
C F w
Tradition Media
M C
T R N
N
Social Media NASCAR
Tools
Dealer promote
Consequence
Car corporation
Training College Festival
Budget
sponsorships