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WEF Global Shapers – Lagos Hub

Business Writing Skills Project
MARKETING WORKSHOP
Brief Introduction
BRENTT Consulting is a young and dynamic marketing
consulting firm, founded in 2008, that provides marketing and
business planning services for small businesses and
entrepreneurs. Our services can be divided into two: Planning
& Marketing Data.
Brief Introduction

Lola Talabi-Oni, MCIM & Member ESOMAR, has over 10 years work experience with
companies such as Cadbury Nigeria, LTC-JWT Nigeria, IBM Canada, LTC-JWT, Cadbury
Nigeria, and Goodwin Procter LLC, USA. In 2008, she co-founded, BRENTT Consulting, a
marketing consulting firm focused on market research for SMEs in Nigeria and across
Africa. She is currently Co-Founder/CEO of Jobtree, a tech startup in online recruitment slated
to launch in June 2013.
Lola holds a B.Com(Hon) Marketing & International Management, from the Tefler School of
Management - University of Ottawa and was nominated a WEF Global Shaper of the Lagos
Hub in 2012.
WHAT EXACTLY IS MARKETING?
Basic Marketing Definition.
Marketing is essentially ALL activities and
programs that draws interest into your
product/brand/service and creates „intent to
buy‟

• Sales on the other hand deals ONLY with the follow through of the „intent to
buy‟
4 Ps of Marketing

PRODUCT

PRICE

Coke PET

N150

What are
you
offering?

What is
the value
to me?

PLACEMENT
• Shoprite
• TFC
• Ozone

Where will
I
see/touch
it?

PROMOTION
„Bring 3
caps get 1
free bottle!‟

How will you
entice me to
it?
MARKETING PLAN v. BUSINESS PLAN
A Good Marketing Plan:
•

Has done an environmental scan – competitors vs. your offering

•

Is focused on ONE key target audience but has viable secondary audiences

•

Has a 4P plan for each target audience

•

Is backed by local & relevant market research

•

Has a strategy & direct objective for each media – including social/new media

•

Ties budget

to timelines

to direct goals
A Good Marketing Plan:
Setting Target Audience

•

Research the current industry
– Top players?
– Middle players?
– Lower players?

– Why?

Attributes Important to Industry
Segmentation
CHOCOLATEY

Milo Can

FOOD DRINK
Milo

Ovaltine

Horlicks

Three Crown
Choco
MILKY

REFRESHING

MALTY

Bournvit
a
Target Audience
Segment: Malty, Milky
Brands: Milo, Ovaltine, Horlicks
•

Who are they? -- Age, Gender, Income, Lifestage (Married? children?)

•

Where are they? -- VI? Ikoyi? Ikeja? Okoko? Yaba? Unilag? Church? Office?

•

How big is the group size? - All tea drinkers? All parents? All children?

•

Where do they usually buy? - supermarket? open market? online shopping?

•

Media Habits? -Dstv? Social Media on mobile? NTA? iPad? Internet access?

•

Why do they use? -- to sleep? to replace meals? because it‟s cool/fashionable?
Always Remember

Trying to be everything to
everybody will only leave you
being nothing special to
anybody!
BRAND STRATEGY
Brand DNA

Who EXACTLY is your brand?

• Youthful
• Quirky
• Business-like & Professional
• Best Friend
• Favorite Aunt
• African? Nigerian?
• Funny
• Naughty
• Wholesome
• Heritage
• Creative
Unique Selling Point (USP)
What is the one special
thing about your brand
that no other can boast
about?

UNIQUE SELLING
POINT

???
„Farafina is a wholly Nigerian publisher publishing a variety of great books at
world-class standards‟
Brand Cohesiveness
•

Your brand DNA and your USP (brand identity) must flow through EVERY single customer
„touchpoint‟ or experience with the brand

•

You must live and breathe the essence of your brand. It starts with YOU!

•

It should be refreshened and evaluated every few years.

•

It should be consistent throughout ALL communication – business cards, handbills, radio
jingles, sales pitch, manner of dressing, how phone is answered.

• MUST BE REAL!
INTEGRATED MARKETING
Integrated Marketing
OBJECTIVE

STRATEGY

TACTIC

EXECUTION

“I want to increase sales of my
designer work shirts”

“Every bank worker on Herbert
Macaulay must buy at least
one of my shirts”
“Roadshow& Handbills”

“Hire students to hand out
handbills; hire roadshow
company to parade Macaulay
on Mondays for 2 5 weeks”
Golden Rule of Marketing

Every kobo you spend for
„Marketing‟ should be tied to an
objective & strategy.
• If you don‟t know or can‟t figure out the objective & strategy, SAVE YOUR
MONEY!
Common Marketing Objectives
•

Generate sales

•

Increase my market share i.e expand into a top player

•

Refresh your brand/brand image

•

Educate your customers (new regulation, new innovation, new endorsement)

•

Damage control for negative reviews or bad press!
Marketing Tactics
Advertising

Sales
Promotions/Discounts

Personal Selling

Integrated
Marketing
Mix

Public Relations/Press

Conferences/Events
Advertising Tactics
Low Cost: BE CREATIVE!

ffdd

• Handbills
• Email Marketing
• Bulk SMS
•Tshirts
• Facebook Ads
• Other Online Marketing
•Roadshows
• Business Cards
• Vehicle Ads – Stickers
• Blogs
• Newspaper Columns
• REFERRALS & ENDORSEMENTS!

•

Key (and fun!) is to be creative. Almost anything can work if you know your target
audience VERY WELL.

•

You can also use low cost advertising tactics in between big campaigns for continuity.
Advertising Tactics
High Cost: SCRUTINIZE!

ffdd

• Billboards
• TV Ads
• Some Online Advertising
•Roadshows
• Newspapers/Magazine
•DStv
• Sponsorships
• Cinema Advertising
• Outdoor Marketing

•

Always schedule high cost campaigns in groups for maximum impact. Sustain them
during down times with low cost campaigns

•

You can also use low cost advertising tactics in between big campaigns for continuity.
THANK YOU!

BRENTT Consulting
@InfoBRENTT
http://brenttconsulting.wordpress.com
www.brenttconsulting.com

info@brenttconsulting.com

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Entrepreneur's Workshop - Marketing for SMEs

  • 1. WEF Global Shapers – Lagos Hub Business Writing Skills Project MARKETING WORKSHOP
  • 2. Brief Introduction BRENTT Consulting is a young and dynamic marketing consulting firm, founded in 2008, that provides marketing and business planning services for small businesses and entrepreneurs. Our services can be divided into two: Planning & Marketing Data.
  • 3. Brief Introduction Lola Talabi-Oni, MCIM & Member ESOMAR, has over 10 years work experience with companies such as Cadbury Nigeria, LTC-JWT Nigeria, IBM Canada, LTC-JWT, Cadbury Nigeria, and Goodwin Procter LLC, USA. In 2008, she co-founded, BRENTT Consulting, a marketing consulting firm focused on market research for SMEs in Nigeria and across Africa. She is currently Co-Founder/CEO of Jobtree, a tech startup in online recruitment slated to launch in June 2013. Lola holds a B.Com(Hon) Marketing & International Management, from the Tefler School of Management - University of Ottawa and was nominated a WEF Global Shaper of the Lagos Hub in 2012.
  • 4. WHAT EXACTLY IS MARKETING?
  • 5. Basic Marketing Definition. Marketing is essentially ALL activities and programs that draws interest into your product/brand/service and creates „intent to buy‟ • Sales on the other hand deals ONLY with the follow through of the „intent to buy‟
  • 6. 4 Ps of Marketing PRODUCT PRICE Coke PET N150 What are you offering? What is the value to me? PLACEMENT • Shoprite • TFC • Ozone Where will I see/touch it? PROMOTION „Bring 3 caps get 1 free bottle!‟ How will you entice me to it?
  • 7. MARKETING PLAN v. BUSINESS PLAN
  • 8. A Good Marketing Plan: • Has done an environmental scan – competitors vs. your offering • Is focused on ONE key target audience but has viable secondary audiences • Has a 4P plan for each target audience • Is backed by local & relevant market research • Has a strategy & direct objective for each media – including social/new media • Ties budget to timelines to direct goals
  • 10. Setting Target Audience • Research the current industry – Top players? – Middle players? – Lower players? – Why? Attributes Important to Industry
  • 11. Segmentation CHOCOLATEY Milo Can FOOD DRINK Milo Ovaltine Horlicks Three Crown Choco MILKY REFRESHING MALTY Bournvit a
  • 12. Target Audience Segment: Malty, Milky Brands: Milo, Ovaltine, Horlicks • Who are they? -- Age, Gender, Income, Lifestage (Married? children?) • Where are they? -- VI? Ikoyi? Ikeja? Okoko? Yaba? Unilag? Church? Office? • How big is the group size? - All tea drinkers? All parents? All children? • Where do they usually buy? - supermarket? open market? online shopping? • Media Habits? -Dstv? Social Media on mobile? NTA? iPad? Internet access? • Why do they use? -- to sleep? to replace meals? because it‟s cool/fashionable?
  • 13. Always Remember Trying to be everything to everybody will only leave you being nothing special to anybody!
  • 15. Brand DNA Who EXACTLY is your brand? • Youthful • Quirky • Business-like & Professional • Best Friend • Favorite Aunt • African? Nigerian? • Funny • Naughty • Wholesome • Heritage • Creative
  • 16. Unique Selling Point (USP) What is the one special thing about your brand that no other can boast about? UNIQUE SELLING POINT ??? „Farafina is a wholly Nigerian publisher publishing a variety of great books at world-class standards‟
  • 17. Brand Cohesiveness • Your brand DNA and your USP (brand identity) must flow through EVERY single customer „touchpoint‟ or experience with the brand • You must live and breathe the essence of your brand. It starts with YOU! • It should be refreshened and evaluated every few years. • It should be consistent throughout ALL communication – business cards, handbills, radio jingles, sales pitch, manner of dressing, how phone is answered. • MUST BE REAL!
  • 19. Integrated Marketing OBJECTIVE STRATEGY TACTIC EXECUTION “I want to increase sales of my designer work shirts” “Every bank worker on Herbert Macaulay must buy at least one of my shirts” “Roadshow& Handbills” “Hire students to hand out handbills; hire roadshow company to parade Macaulay on Mondays for 2 5 weeks”
  • 20. Golden Rule of Marketing Every kobo you spend for „Marketing‟ should be tied to an objective & strategy. • If you don‟t know or can‟t figure out the objective & strategy, SAVE YOUR MONEY!
  • 21. Common Marketing Objectives • Generate sales • Increase my market share i.e expand into a top player • Refresh your brand/brand image • Educate your customers (new regulation, new innovation, new endorsement) • Damage control for negative reviews or bad press!
  • 23. Advertising Tactics Low Cost: BE CREATIVE! ffdd • Handbills • Email Marketing • Bulk SMS •Tshirts • Facebook Ads • Other Online Marketing •Roadshows • Business Cards • Vehicle Ads – Stickers • Blogs • Newspaper Columns • REFERRALS & ENDORSEMENTS! • Key (and fun!) is to be creative. Almost anything can work if you know your target audience VERY WELL. • You can also use low cost advertising tactics in between big campaigns for continuity.
  • 24. Advertising Tactics High Cost: SCRUTINIZE! ffdd • Billboards • TV Ads • Some Online Advertising •Roadshows • Newspapers/Magazine •DStv • Sponsorships • Cinema Advertising • Outdoor Marketing • Always schedule high cost campaigns in groups for maximum impact. Sustain them during down times with low cost campaigns • You can also use low cost advertising tactics in between big campaigns for continuity.