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Home Depot
Marketing Strategy Proposal

          Max Levine
Home Depot
 As a home improvement warehouse, Home
  Depot’s customer base includes
  professionals and do-it-yourselfers (DIY)
 There is competition from local hardware
  stores and other warehouses
 Home Depot aims to create a sense of
  brand loyalty with a positive brand image
 Wants to empower customers to feel
  comfortable working on their own home
  improvement projects
Marketing Strategy
 Target individuals (DIY) and small
   contractors without established suppliers

 Create and integrate multiple forms of new
   media
    Twitter
    Facebook
    Tumblr
    YouTube

 Improve search mobile marketing efforts
Social Media
               Facebook
Post photos and videos of DIY projects, both
 completed and in-progress

Encourage commenting and posting of user-
 completed projects

Post relevant news articles about company
 and its efforts, current promotions, what’s new
 in store, and new products

Monitor and respond to user posts
Social Media
                    Twitter
Main use is to watch for mentions of brand and
 respond to those posts

Post links to news articles relevant to the
 industry

Link to self-produced content, such as videos
 and pictures of projects

Similar posts to those in Facebook profile, but
 not in same format
New Media
          Tumblr                           YouTube
 Post pictures and videos          Example DIY project videos

 Occasionally post news            Common project mistakes
  blurbs, with links back to the    and error avoidance videos
  Home Depot website or to
  the Facebook profile              Encourage users to
                                    comment and post video
                                    responses with their own
                                    projects

                                    Monitor and respond to
                                    comments and response
                                    videos
Internet Marketing
                                     Search Engine
  Mobile Marketing                     Marketing
 Targets customers on the        Similar to mobile marketing,
  go looking for information       but with more detailed
  on how to do specific            information shown on
  projects and for specific        landing pages
  products
                                  Shows multiple local stores
 Link to Home Depot site
  with project information        Landing pages link to
  and videos                       relevant Facebook and
                                   YouTube posts that
 Additionally display product     showcase the project or
  information and closest          product, and allow for
  store location, hours, price     customers to quickly and
  and availability                 easily find other users
                                   impressions
Overall Marketing Idea
 These efforts seek to increase brand loyalty
   and conversion rates

 Customers are more likely to do projects
   they feel comfortable with

 Seeing other experiences increases their
   comfort level

 Increase interaction of customers with the
   Home Depot brand
Measuring Success
 The main component of this campaign is to
   increase brand interaction and loyalty

 Basic success metrics will include measuring
   increase in “likes,” “follows,” and “subscriptions”
   of the social media pages

 More extensive metrics will measure the amount
   of interaction we have with those following the
   brand on social media

 Internet marketing will track users who follow ads
   and proceed to call or place online orders
Budget
   Based on Home Depot’s 2011 fiscal year reports, I
    propose a $150K campaign

   Includes social marketing, content creation, and
    internet marketing

   Social media efforts are year-round, with type of
    projects being covered varying with the seasons

   Internet marketing is year-round with a dip during the
    winter months due to the off-season for home
    improvement

   Recommend spending $100K for internet marketing
    and $50k for social media and content creation

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Home Depot Marketing Strategy

  • 1. Home Depot Marketing Strategy Proposal Max Levine
  • 2. Home Depot  As a home improvement warehouse, Home Depot’s customer base includes professionals and do-it-yourselfers (DIY)  There is competition from local hardware stores and other warehouses  Home Depot aims to create a sense of brand loyalty with a positive brand image  Wants to empower customers to feel comfortable working on their own home improvement projects
  • 3. Marketing Strategy  Target individuals (DIY) and small contractors without established suppliers  Create and integrate multiple forms of new media  Twitter  Facebook  Tumblr  YouTube  Improve search mobile marketing efforts
  • 4. Social Media Facebook Post photos and videos of DIY projects, both completed and in-progress Encourage commenting and posting of user- completed projects Post relevant news articles about company and its efforts, current promotions, what’s new in store, and new products Monitor and respond to user posts
  • 5. Social Media Twitter Main use is to watch for mentions of brand and respond to those posts Post links to news articles relevant to the industry Link to self-produced content, such as videos and pictures of projects Similar posts to those in Facebook profile, but not in same format
  • 6. New Media Tumblr YouTube  Post pictures and videos  Example DIY project videos  Occasionally post news  Common project mistakes blurbs, with links back to the and error avoidance videos Home Depot website or to the Facebook profile  Encourage users to comment and post video responses with their own projects  Monitor and respond to comments and response videos
  • 7. Internet Marketing Search Engine Mobile Marketing Marketing  Targets customers on the  Similar to mobile marketing, go looking for information but with more detailed on how to do specific information shown on projects and for specific landing pages products  Shows multiple local stores  Link to Home Depot site with project information  Landing pages link to and videos relevant Facebook and YouTube posts that  Additionally display product showcase the project or information and closest product, and allow for store location, hours, price customers to quickly and and availability easily find other users impressions
  • 8. Overall Marketing Idea  These efforts seek to increase brand loyalty and conversion rates  Customers are more likely to do projects they feel comfortable with  Seeing other experiences increases their comfort level  Increase interaction of customers with the Home Depot brand
  • 9. Measuring Success  The main component of this campaign is to increase brand interaction and loyalty  Basic success metrics will include measuring increase in “likes,” “follows,” and “subscriptions” of the social media pages  More extensive metrics will measure the amount of interaction we have with those following the brand on social media  Internet marketing will track users who follow ads and proceed to call or place online orders
  • 10. Budget  Based on Home Depot’s 2011 fiscal year reports, I propose a $150K campaign  Includes social marketing, content creation, and internet marketing  Social media efforts are year-round, with type of projects being covered varying with the seasons  Internet marketing is year-round with a dip during the winter months due to the off-season for home improvement  Recommend spending $100K for internet marketing and $50k for social media and content creation