July 07, 2020
How Much Should a Startup Spend on Advertising and Marketing?
Covid-19 has been ravaging the global economy for months.
In life, there are few things that can be accomplished with any level of success without a plan. We see account planning or strategic account planning as the process of solving a challenge or a problem with the use of research-driven insight and the guidance of performance metrics.
The job of our account planners is to put consumers at the center of the communications process and figure out what, when, and how the brand needs to communicate so that its intended audience will pay attention to the message and take action.
If you search for account planning or strategic planning, there will likely be numerous links to varying methods used by agencies and brands. However, the desired outcome is most likely in sync with one another.
Account planning always begins with a clear problem that needs a solution. Research is typically the next step but this is usually where the differences begin to appear. The type of research data and how much is required are just a couple of factors considered. In our case, we start with a proprietary workshop called Lab360°™. Here we take our client's stakeholders through a collaborative session to uncover the true DNA of the brand and more insight to help support our efforts in arriving at a solution we can implement.
The Consumer Experience Model™ is one of the methodologies we created and employ to help us in visualizing who the audience we want to communicate is like. We uncover may layers until we've narrowed the audience down to a unique microsegment. Following this, we take all of the insight and begin putting the pieces together of what later becomes the master strategy that is at the core of all of the advertising and marketing we execute.
A sampling of how we've integrated account planning and strategy into our past work.
“This is my place. This is my Duval.” was a campaign that conveyed the personal connection each hotel guest experiences when they walk through the doors of Hotel Duval.
The brand's inevitable evolution required a new brand identity. One that communicated tech in common terms with a likable brand personality. Say hello to Joon.