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A STUDENT DESIGNED CAMPAIGN FOR STATE FARM INSURANCE villatoro . ahern . brickell . salzman . alexander . priolo

State Farm Deck

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A student created integrated marketing and advertising campaign for State Farm Insurance.

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Page 1: State Farm Deck

A STUDENT DESIGNEDCAMPAIGN FOR

STATE FARM INSURANCE

villatoro . ahern . brickell . salzman . alexander . priolo

Page 2: State Farm Deck

so we did a littleRESEARCH…

Page 3: State Farm Deck

We feel that people who are 16 are dealing with totally different problems and worries thanpeople who are 26. They are at two totally different stages in life. We feel it would bemuch more relevant for us and State Farm to focus on the later end of that agespectrum.

In order to make the decision of focusing on a smaller portion of the age range yourecommended, we considered many aspects. To begin, our group dove into research.We first looked at the age group that you asked us to target: ages 16 to 26, Also knownas generation Y or millenials.

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ORIGINAL TARGET MARKET & RESEARCH

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1626

vs.

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of survey participants said they are feeling

anxiety about the life change they are about to face

80%

the large majority of people saidthat during a stressful or dangeroussituation, they would turn to theirfamily first.

PERSONAL RELATIONSHIPS ARE MORE IMPORANT THAN E V E R

“ ”MILENNIALS

“ ”GEN-Y

Page 6: State Farm Deck

We performed our own internal focus group, a larger sale survey, and we did our ownoutside research on the group of young people. After concluding the research, we drewconclusions and looked for patterns. We found that 80% of people we surveyed in ourstudy said they feel some sort of anxiety about the life change they are about to face(college -->> real world). The large majority of people we surveyed said that during astressful or dangerous situation, they would turn to their family first (with close friends beingsecond place).

From our internal focus group, we learned how important relationships our to us at thistime in our lives. even we grew up in the digital age and the age of the internet, we stillvalue personal one-on-one relationships very highly. An outside study showed that ourgeneration is extremely optimistic (especially about personal finances) and we think ofourselves as invincible. This causes a problem when trying to market insurance to us. Wefeel it would be difficult to target the entire generation Y age 16-26 because it is such abroad age group.

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ORIGINAL TARGET MARKET & RESEARCH

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We want to focus on the latter end of this group and speak to college graduates throughthose in their mid twenties. This target is immersed in the hectic transitions, moving intothe next step in life. We feel this target is fitting because as they are exiting college andbeginning their first jobs, they are more vulnerable and in search of guidance and support.This target has a close relationship with family, primarily their parents who help providesecurity and offer helpful guidance, alleviating stress. However, a strong flood ofoverwhelming events closely follow one another, producing anxiety and confusion.

Through this insight, State Farm can take away anxiety and create ease ability, furthercreating a strong presence in the minds of consumers. This strategy differs greatly fromthat of Geico and Progressive, in that State Farm will offer simple everyday solutions thatare small yet powerful. State Farm will do this with a relatable and relevant voice.  Thismarket is entering a new world, forming new relationships, and facing new things. This isa prime moment for State Farm to step in and act as a bridge from their old relationship toa new, a relationship of empowerment and support, a relationship that gives State Farm astronger point of difference from the rest.

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WHO WE ARE TARGETING & WHY:

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RELATIONSHIPS

are everything.

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Relationships are built through trust and consistency. State Farm understands theimportance of relationship with its 37,000 agents. With that said, as this target is enteringan age where they are about to become you’re real customer, they are craving arelationship to further grow with. For that relationship to spout, the target needs a reasonto believe State Farm will make their life easier, alleviate stress like their parents used to,and be there in unconventional ways. Furthermore, a, greater opportunity presents itselffor State Farm, in that this period in our targets life trends and events leave a deepimpression because they are still developing their core values, these imprints stay withthem as they move through their life cycle.

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WHO WE ARE TARGETING & WHY:

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State farm has been doing the relationship thing for decades, and its worked for them.They get it. The image of the neighbor perfectly encompasses the message that StateFarm will be there for you when things go wrong. The neighbor is iconic and embodieseverything that State Farm stands for to previous generations.

State Farm’s relationship to its customers was never more apparent to us than when weheard a story from a friend of ours who lost part of their house in a fire.

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STATE FARM RELATIONSHIPS: OLD VS. NEW:

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?neighbors

seem great…

but, i cant relate.

Page 12: State Farm Deck

They areconstantly

moving

Page 13: State Farm Deck

Unfortunately, this image of the neighbor doesn’t quite resonate with our generation. We’reconstantly on the move, sometimes moving once every year. We grew up in a differenttime, and don’t have neighbors the way our parents did.

We also don’t think about what will happen to us- we believe that we’re invincible. Planningahead for when we get in an accident is not on our mind. We need something ahead ofthe fact, and the neighbor is very much there for you after the accident happens.

We need a relationship that’s there for us before we mess up and one that we can relateto.

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STATE FARM RELATIONSHIPS: OLD VS. NEW:

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THEY WANT SOMEONE:

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That they can trust

That has been there before

That has the solution…& will share it without judgment

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parentsneighborgeorge ???

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THE OLDER BROTHER

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makes you feel better

your older brother:

has dealt with the exact same problems that you are facing right now.

he’s beenthere for you

before.“

I always go to my bigbrother for advice. He

helps me avoid mistakeshe has made, tells me

what to do when I messup, and celebrates myvictories when I do well.

Page 19: State Farm Deck

When it comes to making decisions, our target wants to turn to someone that can givethem the valuable, trusted advice. They are leaving the nest and, therefore, don’t want torely just on their parents. They don’t want to be lecturedor bombarded; they want a resource that makes them feel empowered on theirjourney towards independence.

In order to catch the target market’s attention, State Farm is going to have toposition themselves as an empowering resource and a helping hand. You haverelevant information for their upcoming major decisions, and you can offer themreassurance. In this time in their lives, they yearn to be independent, but they feelvulnerable. State Farm can offer them peace of mind that they are on the right track andsolutions when something goes wrong. You can help them in ways that they don’t evenknow that they need, and simplify this transition, alleviating anxiety. If you can reach out tothem and let them know that you can help them in unexpected ways, you will get theirattention.

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NEW TONE OF “OUR RELATIONSHIP” & POSITION:

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“Your older brother is there for youin ways that you wouldn’t expect”.

insurance, anyone?

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REAL LIFE,MADE EASIER

Page 22: State Farm Deck

Real Life Made Easier by State Farm is the equivalent of taking a load off in a time whenthe small things really matter. This is a time in our targets life when they’re overwhelmed,uncertain and in need of an extra hand. Stemming from the older brothers support, we’vecreated a campaign around being there when you least expect it. During this transition intheir life, State Farm is the solution to their problem they didn’t even know they had.

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REAL LIFE, MADE EASIER:

Page 23: State Farm Deck

THE UNIVERSITY OF COLORADO AT BOULDER

THE UNIVERSITY OF DENVER

Page 24: State Farm Deck

the lay of the land…

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WHAT CANSTATE FARM DO

TO MAKE THETARGET’S LIFE

EASIER?

Page 26: State Farm Deck

rain, snow, finals...

STATE FARM CAN MAKE IT EASIER.

Page 27: State Farm Deck

PRINT AD #1

JANUARY 2011

Page 28: State Farm Deck

PRINT AD #2

JANUARY 2011

Page 29: State Farm Deck

HEAT LAMPS @ BUS STAIONS

FEBRUARY 2011

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PRINT AD #3

FEBRUARY 2011

Page 31: State Farm Deck

SALT BAG DELIVERY

MARCH 2011

Page 32: State Farm Deck

BIG BRO NIGHT AT UNIVERSITY OF DENVER

MARCH 2011

Page 33: State Farm Deck

PRINT AD #4

APRIL 2011

Page 34: State Farm Deck

FACEBOOK INVITE

APRIL2011

Page 35: State Farm Deck

FINALS PERKS

FINALS WEEK 2011

Page 36: State Farm Deck

GRADUATION

Page 37: State Farm Deck

MAY 2ND 2011

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FREE PARKINGSPONSORED BY SF

ON CAMPUS AT GRADUATION

GRADUATION 2011

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MAY 2011

Page 40: State Farm Deck

We have created a campaign that will easily spread throughout college campuses nationwide.

Our creative exemplifies the idea of “Real Life Made Easier” through little gifts that leave along lasting impression. Through these guerilla advertisements, PR will be present,discussion will be generated, and State Farm will be recognized as a go to insurancecompany who gets it.

Graduation is a main focal point for our campaign. All the executions that will be in placethroughout The University of Colorado at Boulder will be mirrored at Denver University.

We feel that targeting graduates will reach the most relevant portion of the target, asstated in the earlier sections. Our biggest and most costly execution will be the graduationgift. This gift will be given out to all graduation seniors at The University of Colorado atBoulder. When these select students go to purchase their cap and gown a the studentcenter on campus, State Farm will have tables set up in the surrounding areas to pass outthese coveted gifts.

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CREATIVE EXECUTION:

Page 41: State Farm Deck

Inside of these graduation gifts, the students will find many useful tools, some related toState Farm, some congratulating them on their graduation, and some that offer advice onthe life changes they are about to face. All of the items in the graduation gift will carry overthe Older Brother vibe that we are going for.

A main part of the graduation gift will be a discount card that is good at tons of localrestaurants, bars, and shops. The graduates will use these cards around the time ofgraduation. This card will be a large incentive for students to get excited about picking uptheir graduation gifts.

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CREATIVE EXECUTION:

Page 42: State Farm Deck

January 2011:

February 2011:

March 2011:

April 2011:

Finals Week 2011:

May 2, 2011:

Graduation 2011:Run print ad #1&2in newspapers.Introduce StateFarm

Print ad #3: real life,made easier.

Install heat lamps,run for two weeks.

Salt bagsdistributed tohouses on the hilltwo weeks beforespring break.

Sponsored night ridepick-ups for collegestudents

Sponsored extensionchords in the universitylibraries. Free coffee instudent centers andlibraries

Cap and gown pick up:students will pick up theirgraduation gift from StateFarm reps at the studentbookstoresFree moving boxesbegin

The day is here!

Free parkingon/around campus,sponsored by StateFarm

Strong SF presence atgraduation [booths, reps,raffles, etc…

March 2011:Big brother/big sistersorority /fraternity nightsponsored by statefarm. [DU only]

Sponsor midnightbreakfast [CU alreadyimplements this idea]

Print ad #4[invitation]and facebook invite Free SF

moving boxes

Page 43: State Farm Deck

BUDGET: CU BOULDER

Page 44: State Farm Deck

BUDGET:UNIVERSITY OF DENVER

Page 45: State Farm Deck

THANKYOU