Tag Archives: promotion

Toddler Bike Racing

It’s summertime and the weather is hot – perfect for riding bikes, and for competitive racing, too. Now, even toddlers can get in on the action at the Strider Cup balance bike races.

The Strider Cup is a series of four races, ending with a World Championship event. The festival also includes adventure zones for playing and test riding the balance bikes. It is focused on positive aspects of sports competitions for toddlers, and more importantly, teaches them how to easily learn to ride a bike.

In case you are not familiar with Strider and balance bikes, the company started when the founder wanted to share his love of adventure and riding with his 2-year old son. But, traditional tricycles and training wheel bikes didn’t offer the same adventure and off-road riding ability. What resulted was a kid’s bike without pedals or chains. Essentially, it is a light-weight, simple to ride bike where riders can keep their feet on the ground as they learn to balance and glide.

Strider is the leader in balance bikes, selling more than 1.6 million bikes in 70 different countries since 2007. There are several models of bikes, ranging from classic ($99.99) to pro ($169.99), and also offers special needs bikes for all abilities (up to $219.99).

Come on – let’s go for a ride!

Group Activities and Discussion Questions:

  1. Pricing is a complex topic. Discuss the six steps for pricing (determining objectives, estimating demand, determining cost/profit relationships, select price level, set list price, and make adjustments).
  2. Discuss the various pricing models in class: demand-oriented, cost-oriented, profit-oriented, and competition-oriented.
  3. Show Strider balance bikes Web site: https://www.striderbikes.com/
  4. Videos of the Strider Cup and the cute toddler racers: https://youtu.be/nwyDKv_v0P0
  5. For balance bikes, divide students into groups and have each group work on any/all of the six steps.
  6. When setting the price level, assign each team a different model to use (demand-oriented, cost- oriented, etc.).
  7. Debrief the exercise. Compare the various pricing models and discuss advantages/disadvantages of each.

Source:  Outside magazine   

 

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Wienermobiles Drive Across America!

Have you ever seen the Wienermobile in person? It’s like seeing a famous celebrity – everyone stops and looks, takes a selfie, and smiles at the giant hot dog mobile. It’s a great rolling billboard that gets attention and promotes products.

The Wienermobile first began 80 years ago during the Depression as a way to promote product and make people smile. It’s gone through a number of style changes, but continues today with six vehicles and 12 official “Hotdoggers” who drive it and pass out dogs and smiles around the country. (More than 1,000 people applied last year for the 12 Hotdogger spots!)

This summer, the Wienermobiles are touring the country to spread the word about the reformulated hot dogs, now without any added nitrates, nitrites, artificial preservatives, or by-products. In addition to updating the products, Oscar Mayer is also using social media to engage consumers and help determine locations for the tour. Already visited was Whittier, Alaska, population 220, accessible via a 2.5 mile tunnel and icy roads

No word on the miles per gallon though (or does it run on mustard?).

Group Activities and Discussion Questions:

  1. Discuss the stages in the product life cycle. What are the marketing objectives in each stage?
  2. Divide students into teams. Have each team draw a product life cycle and place various products and services into each stage.
  3. Discuss hot dogs and where they are in the product life cycle.
  4. Show the Wienermobile Web site: http://www.oscarmayer.com/wienermobile
  5. Show a video of the Wienermobile in Alaska: https://youtu.be/3e_1Z_oxt5g
  6. Now, have students brainstorm on how to reposition or revise products/services to that they can move into an earlier stage of the life cycle.

Source:  Advertising Age

 

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Viral Videos for May 2017

This week’s viral video is a great mix of ideas, with several longer videos in the top spots. Hyundai’s short adventure film features its cars on an icy trip in “Shackleton’s Return.” Heineken also retains a top spot for its short film, “Worlds Apart.” The film pairs strangers (who happen to have opposite viewpoints) working together to build a bar, then finding out who they have really been talking to. It’s time to be open-minded, listen, and talk about differences.

There are three key factors for viral video success:

  1. Reaching the tastemakers.
  2. Building a community of participation.
  3. Creating unexpectedness in the video.

Regardless of the type of product or service, the country of origin, or the importance of the message, what matters is reaching the audience in a way the both entertains and informs. It might be YouTube, and more often now, it’s on Facebook and other social media. Check out this week’s top videos and discuss what makes them “go viral.”

Group Activities and Discussion Questions:

  1. Bring up a recent Ad Age’s weekly Viral Video chart: http://adage.com/article/the-viral-video-chart/viral-video-chart-5-1-17/308885/
  2. How effective is each video at getting the company’s brand and message across to viewers?
  3. In teams, have students design a viral video for a product of their choosing. What are the elements that are needed to go viral?

Source:  Advertising Age

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