Brand promotion: How to do low-cost marketing?

Brand promotion: How to do low-cost marketing?
When it comes to "low-cost marketing" , many people will understand it as marketing that costs little money. However, have you ever thought about this question: if low cost only results in low effect, such marketing is actually just a waste of energy and the time cost of brand promotion . Therefore, "low-cost marketing" is more feasible for big brands. Although big brands have sufficient budgets, in many cases, it is easier to achieve big things with little money by relying on the brand’s own influence and resources - just like the celebrity effect, people always instinctively pay more attention to well-known brands.

On the contrary, as a brand with limited budget and insufficient influence, if you want to make a big profit with a small investment, the probability of success is probably like "winning the lottery."

Part 1

So, how can small and medium-sized brands achieve “low-cost marketing”? You can start from these three points:
(1) Topic Marketing

(2) Event Marketing

(3) Leverage marketing

1. Topic Marketing

If you want to plan a topic that users like to discuss, you can start from these three steps: (1) Find a topic that is spreadable

First, you need to find a topic that is spreadable and related to your own brand. Afterwards, it can be spread in the form of humor, spoof, controversial, or social hot spots. In this way, interesting topics will attract more people to pay attention and even generate some discussion on the topic, and related products and services will also receive more attention.

(2) Multi-faceted publicity

Once a topic is raised, it is likely to fall into oblivion if it is not reported continuously through various media forms. Therefore, in topic marketing, it is necessary to combine all available resources as much as possible to provide more marketing support for this topic, so that the coverage of the topic will become wider.

(3) Follow-up topics

Even if a topic is publicized in many ways, it can easily fade out of the public eye after a period of time, so it still needs the support and follow-up of subsequent topics.

For example, "Insai Group" used low cost to create a public welfare topic with 474 million exposures.

In recent years, taxi-hailing apps have developed rapidly, led by Didi, Uber and others, and they have expanded rapidly with a light asset model. Because of its strong market share and marketing strength in the Guangzhou-Shenzhen area, Shenzhou Special Car has not been able to open up the market in the Guangzhou-Shenzhen area.

After in-depth insight and analysis, Insee Group solved this problem in an innovative way. It thought about who needs safety the most when riding in a private car, and found a special group that needs safety the most and receives the most attention: pregnant mothers.

We created an innovative product with a strong sense of social responsibility from the highly-watched group of "pregnant mothers" to attract people's attention.

It also joined hands with the China Road Traffic Safety Association to formulate industry standards for private cars, and launched a purely social welfare activity in the name of the China Road Traffic Safety Association - #Pay attention to the travel safety of pregnant mothers# to warm up, and launched H5 at the same time to increase the popularity.
Finally, we used a viral video focusing on pregnant mothers to attract the core users of "Pregnant Mother Special Car", established emotional connections, and used the most authentic insights to attract the most core users. After it sparked the whole network's attention and heated discussion on special cars for pregnant mothers. This video has been read 32.336 million times on Weibo’s topic list, ranking third on the list ; the article published on the new media WeChat account has been read over 1.2 million times . On the day the video of the special car for pregnant women was released, the number of views exceeded 7 million in a single day. Within one month of its release, the number of views reached nearly 500 million .

(2) Event Marketing


The first step in event marketing is to analyze the positioning of your own company and products to see whether they have sufficient news value.
If your business can sufficiently arouse the public's curiosity, then you must pay attention. Because everything you do has the potential to make the news. If a company wants to conduct event marketing, its first task is to analyze:

1. Is your business itself enough to attract media attention?

2. Do you represent a field that is consistent with the focus of the news media?

If the answers to the above two questions are yes, then it will be absolutely easy for you to carry out event marketing. However, if it is not a hot topic in the same field, and you can force a connection, and it is interesting, it is also very easy to attract attention.

For example: Durex’s event marketing is very classic and worthy of our in-depth study. On June 23, 2011, just as people were getting off work in Beijing in the evening, heavy rain suddenly fell and netizens on Weibo began discussing how to get home.

At this time, an account called "地空叨蛋" sent a Weibo post: It rained heavily in Beijing today, fortunately I still had two Durex bags in my bag.

In the accompanying picture, he detailed how he used Durex as shoe covers. As soon as this Weibo post was released, it was forwarded crazily by netizens, and was forwarded more than 10,000 times within 1 hour. Afterwards, Jin Pengyuan, the "head" of Durex's Weibo outsourcing team and the "mastermind" of this incident, announced the creative process online: A colleague from the content team said, "If I put Durex on my feet, it would remind me of using plastic bags to cover my shoes when I was a kid. Condoms are elastic and suitable, and what's more, we use convex points, which increases the anti-slip function. As soon as the inspiration came out, the copywriting was immediately produced. As of 24:00 that night, the number of reposts of this Weibo post had exceeded 58,000, firmly occupying the first place in the Sina Weibo repost ranking on June 23. Within 3 days, the highest number of reposts exceeded 90,000.

If compared with the communication reach of traditional media, this event communication without spending a penny of budget can be comparable to the effects of three 30-second advertisements during CCTV prime time.

(3) Leverage marketing


As a new marketing method, leverage marketing integrates news effect, advertising effect, public relations, image communication and customer relations.
It has deservedly become the preferred strategy for companies to carry out marketing activities. However, marketing by leveraging trends cannot be done casually. If hot topics are bundled with a company's products and fail to promote product sales, it is just self-indulgent marketing.

So what is self-entertainment marketing?

It means writing copy from your own perspective and following hot topics for the sake of following hot topics. For example , in the 2016 Rio Olympics, the women's volleyball team won the championship again, and many companies took advantage of the hot topic.

Sohu: In the women's volleyball final, China defeated Serbia 3-1 and won the Olympic championship again after 12 years. It was really bland and a complete failure.

How to use leveraged marketing effectively?
Mengniu Dairy: This is not a miracle, this is the result of the cows being together. This has nothing to do with counterattack because we never give up. The Chinese women’s volleyball team has returned as the king, and we are very proud of it.
This kind of passionate copywriting is good leverage marketing. Therefore, if you want to carry out a good leverage marketing, it is actually to find a good entry point and choose the best point of view that can most stimulate consumer discussion. Therefore, if a brand wants to carry out low-cost marketing, it actually means taking advantage of current hot news and events, using the key points in them, and grafting entertainment, creativity, topics, charity, identity, etc. for the most efficient exposure.

Part 2

So, after talking about the three low-cost marketing methods, what is the core of the brand’s ultimate success? The core of low-cost marketing is to have: "cost, product and brand advantages." The second is to set goals and formulate strategies and tactics, so that marketing investment can become more effective. Moreover, when small and medium-sized brands are conducting low-cost marketing, they should spread their brand concepts more. Why?

If you, as a small brand, start shouting about how great your products are, this kind of "Wang Po selling melons" will lack trust and will probably be difficult to be accepted by others.

In addition, while brands focus on the output of ideas and concepts, they must also pay attention to "experience".

For example, increase interaction with users when conducting topic marketing, leveraging marketing, and event marketing, such as online lucky draws where users can participate by forwarding, liking, and commenting, offline free trial activities where users can participate in stores, discounts based on the length of boys and girls' "legs", etc.

Therefore, low-cost marketing of a brand is actually high “cost-effective” marketing. Set accurate goals and improve the "quality" of marketing from the root through brand strategy enhancement; use excellent communication elements, think beyond product thinking to do marketing, and focus on communicating values, emotions and entertainment topics; fully mobilize all low-cost resources, so that you can learn to truly "leverage power." Only then can small and medium-sized brands truly use "low-cost marketing" to achieve continuous exposure and expansion.

Author: Jingyajun , authorized to publish by Qinggua Media .

Source: Whale Daily

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