Valentine's Day: Five marketing lessons
Love is in the air; but are you making the most of it? We
take a look at five companies doing things a little bit differently
this Valentine's Day
Romance is big business: in 2008, Britons spent £1.6bn and an
average of £70 wooing their loved ones. If you're a restaurateur or
hotelier, you will undoubtedly notice a surge in bookings as
February 14 approaches; if you're a florist or jeweller, it may
well be your busiest time of the year.
But if your business doesn't naturally lead to consumers eager
to profess their love to one another beating down your door, can
you still get in on the action? With a little bit of creativity,
you can.
Here are five businesses that have demonstrated entrepreneurial
Valentine's Day campaigns. Our list covers both large and small
companies, as well as those that are a natural port of call for
romantic purchases - and some that aren't.
1. Promotions
This one's a real gem (no pun intended). London's Gilgamesh
restaurant has created a Valentine's Day-inspired cocktail called
'Diamonds are Forever', priced at £10.50, to accompany the
romantic, three-course set menu crafted by head chef Ian Pengelley.
Nothing earth-shattering there; however, one lucky customer will
find a real round brilliant cut diamond in the bottom of their
glass.
The £800 rock comes courtesy of jewellers Madison Diamond Rings,
and the promotion will undoubtedly generate word of mouth buzz and
press coverage for the restaurant. The lucky winner will then be
offered a one-to-one consultation with the jeweller, where they can
pick out and purchase the setting of their choice - potentially
boosting sales and PR for both firms.
2. PR
Thou shalt not send out tenuous press releases. Amid the various
Valentine's Day surveys hitting our inboxes, informing us, for
instance, that IT professionals are the most predisposed to having
an office fling, there was one that grabbed our attention; retail
giant Debenhams took a slightly different approach with its
'lingerie commandments' - a guide for the many flustered male
shoppers who don't know their basques from their balconettes.
Debenhams hopes the campaign will not only help male customers
buy the right gift - but also save the firm time and money by
reducing the vast number of items returned by women a few days
later. So great is this trend, apparently, that the retailer has
coined the term 'Monday Undies' - lingerie is typically bought by
men on a Saturday and promptly returned by women on a Monday.
"The lingerie commandments are a great introduction, as they
mean that all our staff will be able to offer relevant, important
expert advice on shopping for lingerie gifts," says Mina
Abban-Mensah, personal shopper at Debenhams Oxford Street.
3. Social media
Dr Pepper doesn't exactly scream romance and seduction, but that
hasn't stopped the drinks brand from getting in on the Valentine's
action. Instead, the firm has played on its brand name and famous
advertising slogan to find a campaign that fits.
The result: 'The Spin Doctor', a Valentine's Facebook app aimed
at the teen market. When users 'like' the app, it chooses six of
their friends at random and 'spins the bottle' to land on one of
those friends. It then generates a "cheeky Valentine's message"
which will be posted on the friend's wall. Users are encouraged to
play with the well-known one-liner: "Come on - what's the worst
that could happen?"
Dr Pepper is a brand that uses social media particularly well
and already has an impressive following. Its Dr Pepper UK page
(featuring the app) is liked by 280,697 people. The app has been
promoted on the page since early Feb, along with general posts
about Valentine's Day which have elicited hundreds of comments from
fans, including our personal favourite: "What's worse than a
dateless Valentine's Day? Last year's when I knocked a plate of hot
spaghetti into my date's lap - epic fail! What's the biggest
Valentine's Day fail you've had?"
4. Recruiting
Not a consumer business, you say? Well, this hasn't stopped
accountancy firm PricewaterhouseCoopers (PWC) from using
Valentine's Day to its advantage. The company's student recruitment
team will be heading out to university campuses across the UK today
armed with around 1,000 heart-shaped, PwC-branded helium balloons,
all displaying the message: 'Being the one at the heart of the best
opportunities'.
Cheesy? Perhaps, but PwC is confident of a good result.
Recruiters will hit Oxford, Cambridge, Kings, Imperial, Durham,
Bristol and Edinburgh - to name but a few - and the firm, which is
keen to attract the top graduate talent, says it has found this
kind of campaign an effective way of engaging with students. PwC
branding is visible across the campus all day, as students take the
balloons to lectures, the union, and the bar, helping to raise its
profile and kudos among potential employees even further.
5. Crowdsourcing
Blur Group, which specialises in crowdsourcing and digital
marketing, is giving marketers the chance to declare their love (or
voice their frustrations) for their marketing agency this
Valentine's Day.
The company itself was set up to challenge the traditional
agency/client relationship, by building a platform where companies
and creatives can come together to deliver campaigns. "Of all the
innovations in marketing one thing hasn't changed - the way
companies source their creative/marketing campaigns. The agency
relationship is ingrained within marketers' mindsets," says Dorothy
Mead, who describes the blur Group as a trading floor for creative
buying and selling. "We've crowdsourced the creatives, and the
other side is businesses submitting a brief online - and getting
results fast."
The company has now created a portal where businesses can post
messages - anonymously or otherwise - sharing their thoughts of
their agency. "We launched the Valentine's campaign to make people think about
these agency relationships, what is it that makes them so valuable
- is it having that much-needed advice and support, or is it
totally down to the quality of work," says Mead. "We've also
invited people to say why perhaps things have gone a bit sour."
However, Mead insists the name of the game is not to criticise
agencies, but rather increase their understanding of how they can
improve their offering as an alternative. She says the response so
far has been "interesting", with some good and some "less happy"
comments on the anonymous message board, plus a lot of buzz across
social networks. "Some of the tweets have been from traditional
agencies, which proves they're recognising an alternative in us,"
she says, adding that blur Group has been built solely using social
media.
"We measure everything that happens across [social networking]
channels as our main metric; combined with traditional website
analytics to see visitors, impressions etc. In the early stages of
a business making sure that you can monitor how much attention
you're getting is a key indicator. We're lucky that this attention
has turned into business, month-on-month growth and profits."
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