Summary
of the Company/Organization/Brand
Lindt &
Sprungli AG Company is a chocolate manufacturer, started in the 19th
century in an old town of Zurich, Switherland by two confectioners, David
Sprungli-Schwarz and his son Rudolf Sprungli-Ammann. Established in 1845, Lindt
has been a premium chocolate producer and has mastered gourmet chocolate
confection. Lindt & Sprungli AG Company has brand names including Caffarel,
Lindor, and Lindt and offers a diverse range of chocolate collections. The
company sells its premium smooth chocolates worldwide through its own Lindt
stores, independent distributors, and online. It operates its business in
different countries mainly in Switzerland, Germany, France, and North America.
Situation
Analysis
·
Audience
After carefully
reviewing Lindt’s past performance and the insight I got from its customers, I
developed my target audience profile for this communication plan. Lindt offers
high-quality products especially with creamy centers of Lindor, but those
lovely and cute designs associate with more women than men. Most men admit that
Lindt offers high-quality chocolate, but they just don’t have much emotional
linkage like women do. As a result, MRI Data shows that women are twice more
likely to purchase a Lindt product than men. Thus, I want to help Lindt expand
its market and I set the key demographics of the target audience as American men
from 18 to 34. The household income typically ranges from $75,000 to $149,999 every
year. For the martial status, some of them just married. Those audience values
higher education and professional occupations so that they could enjoy a higher
standard of life. In addition to the key demographics, the target audience likes
to keep updated with outdoors and entertainment magazines. They are actively
looking for new things that could get them excited. They are not afraid of
challenges because they think challenges can bring them energy. Because Lindt
is very active in social media and very accessible to consumers, the target
audience could interact with the brand as well as among themselves. They also
rely on traditional media channel especially television because they love
watching games especially sports competitions with friends. Their decision
process not only lies in what the word of mouth says about the brand, but also
relies on how the brand engages with them through traditional marketing
channels and social media websites.
·
Competitors
We need to take
an overview about competitive analysis to analyze the nature of the industry as
a whole, and to see how Lindt can better fit into the competitive environment. For
Lindt, there are many competitors in the chocolate category. Three main
competitors in terms of market shares are Godiva, Hershey’s, and Nestle. Godiva
Chocolatier provides exquisite-designed chocolate gifts for people who love to
share gifts with friends and families. Nestle S.A promises to give a break and
keep your spirit high. Hershey’s offers its consumers pure chocolate so that it
guarantees the pure chocolate joy from Hershey’s. Lindt positions itself on
lovely and smooth chocolate that is irresistible. Especially with Lindor, Lindt
offers high qualities chocolate balls with hard outside but creamy centers.
·
Political
Factors, Economic Factors, Social Factors, Technological Factors
Political
Factors:
For chocolate
consumers who are eco-friendly to the environment, they value the ingredients
and the origin of those ingredients.
Economic Factors:
Because
consumers consider chocolate as enjoyment, the higher disposable income in the
coming future will allow consumers to choose more luxurious chocolate products with
higher quality.
Social (Cultural)
Factors:
Chocolate is a
product that is not only feeds people, but also associates people with
enjoyment it brings.
Technological
Factors:
New technical
machines decorate luxury chocolates with creating lines on the surface of the
chocolate, which demands chocolate makers of both flavor and visual pleasure.
·
SWOT
Analysis
Strength:
The key strength
is its high variety with high quality. Lindt offers chocolate products from
Lindor truffle balls to golden bunnies with multiple degrees of coca and
different kinds of flavors. Consumers can mix and match their own flavors. Its
most popular product—Lindor truffle—provides super smoothness with hard outside
and creamy inside. This key strength—offers both high variety and high
quality—helps Lindt stand out from its main competitors, such as Godiva (who
provides high-quality luxury chocolates) and Hershey’s (who values high
accessibility and convenience).
Lindt always has
a group of loyal fans that support Lindt chocolate products and often talk about
it with their friends and families.
Weakness:
Most of Lindt
products have packaging that is so cute and garish that has the potential to
distract people from seeing the original essence of Lindt.
Opportunities:
There is a
growing number of consumers who believe sugar consumption is closely linked to
obesity and heart attack. As a result, they tend to prefer dark chocolate. In
this way, Lindt, as a trend shaper in the dark chocolate field, can take
advantage of its strength on the various degrees of coca of its chocolate
products to better meet the need.
Most male
consumers do regard Lint as high-quality premium chocolate product, but they
just don’t get much passion as women do. In this way, Lindt could expand its
market by focusing more on male market and associate more enjoyment with them.
Winter has the opportunity
for skiing, a timely outdoor activity for men to enjoy.
Threats:
The major threat
is that the input price of sugar is expected to increase in 2012, which create
potential threat to the industry as a whole.
Objectives
My marketing
plan aims to increase sales by 20% by March 2013 compared to the previous
winter. I attempt to expand the market share for Lindt by 5% since now its
consistent marketing strategies both domestically and internationally rely
heavily on its existing target audience (42.6% women aged 18-49) and their
repetitively positive messages.
Strategy
After doing primary
and secondary research on insight from the target audience and comparing Lindt
with its main competitors, I came up with my creative strategy that meets the
marketing objective.
·
My
strategy goes beyond the packaging, and uses Lindt’s distinct quality to
associate passion and energy with men in order to stimulate interest.
·
My
strategy is to launch the “Ski with
Lindt This Winter” campaign based on entertainment and outdoor magazines and TV
commercials, as well as on social media websites.
·
By
launching the “Ski with Lindt This Winter” campaign, I want to stress that the
essence of the Lindt chocolate not only lies in its silky smoothness, but also
conveys the zeal that brings. In this way, male customers associate passion and
energy with Lindt. Since they value pleasure over flavor, they can be motivated
by this campaign.
Tactics
Despite the rise
in social media, I still believe that traditional media has its own advantage
on sharing values and beliefs. Especially for this campaign, since it is a
diversion of Lindt’s previous marketing strategies, I plan to enter into the
market first via traditional media in order to announce it for the large
audience.
·
TV
Commercial: A well-fit
man is skiing from the top of a Swiss snow mountain. The smoothness of Lindt is
just like that of the snow, and the energy you get from Lindt is just like the
energy you get from the skiing activity. Even though you are on a snow mountain
in winter, you still get excited and energized by Lindt. Through the TV
commercial, I attempt to announce the new marketing strategy we are focusing
on, and to stimulate people’s intent to buy and their intent to visit our
redesigned website.
·
Press
Release: I want to use press release to pitch companies and media in
order to grab their attention of my campaign. In this way, I want to help them
realize the importance of the campaign and to get their support on expanding
our market.
·
Magazine
Ad: The
ad will be place in outdoor activity and entertainment magazines such as Entertainment Specials. It will
emphasize the outdoor activity element that helps to bring passion to people. A
call to action will be utilized to invite customers to visit our redesigned
website and to download our skiing app game.
After those
traditional media channels, I attempt to engage more with my target audience in
digital media:
·
Homepage
Redesign: Lindt’s
current homepage design is so feminine that is not energetic enough to grab
much male attention. I want to add one more picture about my campaign and to
highlight the call to action to increase intent to buy.
·
iPhone/iPad
App Game: An app game of
skiing would be an attractive tactic for the target audience because they tend
to be active in digital media and love doing outdoor activities. Like app games
such as “Subway Surf,” the Lindt skiing game would set a bunch of barriers
during the skiing experience, and players gain extra energy from different kinds
of Lindt chocolates. In addition, players can share and post their scores on
their Facebook page to compete with their friends. And those who have higher
scores have the chance to be the winner to gain the special collection of
“Skiing with Lindt” every week during this winter. In this way, the target
audience will relate Lindt with pleasure and passion in a subconscious way and
share their experience with their friends.
Evaluation
Methods
As the last
stage of the communication plan, the evaluation should reflect how I can
measure the success of the campaign and how the results meet my objectives. Since
the tactics I use are both traditional and digital, I should use both primary
and secondary methods to evaluate my campaign.
·
First,
once the traditional media such as TV commercials and magazines ads launches
the “Ski with Lindt This Winter” campaign, I will keep collecting data for new
visitors to our homepage and new likes on our Facebook page. If those numbers
are increasing but the rate of additional call to actions such as buying our
products are still pretty low, I would consider my campaign not successful.
·
Second,
I will measure the results using both qualitative and quantitative methods. I
will monitor the number of sales for this season specifically, to see how much
the sales increase. Since the target audience of this campaign is men, I would
like to do some qualitative evaluations with them. I plan to run a focused
group consisting of men, and I will do a content audit about what they say
about the brand especially how they feel about the campaign. I expect my focus
group to have a stronger sentiment about Lindt brand after the campaign.
·
Third,
I would like to evaluate how the digital media helps to engage more with my
target audience. I will monitor the data for new sign-ups, unique visitors,
page views, the time on the site, and the bounce rate for our homepage using
Google Analytics. I want to see how likely viewers take actions after seeing
the new campaign and to what degree the new design helps to raise interest for them
to look at other subpages. In addition, I will collect data for downloading the
Lindt skiing game app, the frequency of playing the game on iPhones and iPads
and posting the scores on Facebook. Ideally, I would like to see customers
taking actions and rising interests in the brand.
Works Sited:
http://www.hoovers.com/company-information/cs/company profile.Chocoladefabriken_Lindt__Spr%C3gli_AG.464deeeb5191efa8.html
Annual Report
2011:
http://lindt.corporate-reports.net/cgi-bin/show.ssp?companyName=lindt&report_id=gb-2011&language=English
IBISWorld:
http://clients1.ibisworld.com/reports/us/industry/ataglance.aspx?entid=230
https://www.facebook.com/LindtChocolate/app_292969747471479
No comments:
Post a Comment