radio fyl er final

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  • 7/30/2019 Radio Fyl Er Final

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    ,.

    .e

    Ben BoomerNatalie Hanson

    Tricia Arts

    Jeff CooperJessi Mazour

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    Agenda

    -Background: starting point

    -Purpose: objective

    -Strategic analysis & planning: our ideas-Creative strategy & reasoning

    -Conclusion

    .

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    Background

    With a solid commitment to creating thebest childhood experiences, we are

    developing tomorrow's innovative toys withthe same classic quality, and sense ofoutdoor, active play that have been ourtrademarks from the beginning.

    Radio Flyer is dedicated to delivering smilesand warm memories that last a lifetime,and we are proud to be atimeless symbol

    of childhood freedom

    .

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    BrandStory

    Old Brand StoryRadio Flyer is a nostalgic, iconic,American brand that is focused onquality and craftsmanship

    New Brand Story

    Inventing new traditions by encouragingimagination and being proactive in a

    digital world.

    .

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    Purpose

    .

    Our purpose is to update the Radio

    Flyer brand by introducing new,

    improved products to maintain brand

    loyalty and appeal to new

    generations by emphasizing thepower of imagination and the magic

    that is central to Radio Flyers

    products.

    Creating new traditionsDiscouraging passive forms of playInjecting imagination and magic into

    childhood

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    argetaudience

    Primary:

    Parents (and adults) shopping for young children,looking for a toy that is mind-stimulating; they wantto make sure their child will be satisfied. (Pleasing toparent and child) Interested in toys that will be worththe cost, will ensure enjoyment and encourage

    creativity for their child/children.

    Secondary:Children (boys and girls) age 5-8 looking for andwanting gifts/toys that are exciting/magical andnew.

    .

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    Market

    .

    Current-

    -transformation into the digital age-eliminating the exercise of a childs

    imagination

    -a movement to technology that

    allows children to be passive & aloof

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    Top ten toys

    of2012

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    Findings

    Interviews-

    Parents on shopping=internet Easy, free shipping, delivery

    Toys R Us interview & findings

    .

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    nspiration

    - Updating the traditional nostalgic

    Radio Flyer identity and image

    - Returning to the magic of childhood

    while still embracing invention and

    creativity

    - Becoming the anti-tech-toy- Children losing imagination in cyber space

    .

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    C

    ompe

    titive

    A

    nalysis

    .

    Strengths-Radio Flyer is a well known, traditional brand based onsafety and quality.

    -Safety-Durability-American Icon image-Products compatible for a children of all ages

    Weakness-Radio Flyer has lost it brand image recently. Heavycompetition with a variety of children's toy product lines.RF products simplicity has resulted in decreased salesand popularity

    -Heavy competition-Expensive-Limited features-Lacks brand image, awareness

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    C

    ompe

    titive

    A

    nalysis

    .

    Opportunities--recreating the Radio Flyer image by taking

    advantage of good reputation-Using information based on our findings to promoteproducts to children and their parents

    -Radio Flyer has a good reputation, goodopportunity for new invention and creativity

    Threats--digital competition, new aged toys-competing outdoor toys

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    BigIdea

    .

    Rebranding

    Showcasing the

    magic andpossibilities ofthe Radio Flyer

    Promotion

    Relating toparents

    Newproducts

    Strategicpositioning

    Enabling the imagination and magic ofchildhood by being the anti-video game

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    Promotion

    Promotions

    MyFlyer tab

    Elmo version

    Nerf version

    Disney Princess version Strategic affiliation

    .

    2 part campaignRelate to parents

    Billboard This is not childhoodPre-fix to campaign

    Showcase possibilitiesTagline: SoarCommercial ImaginationWeb banners

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    Part 1

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    Re-Branding

    New product

    Model 1-Dual sled/wagon toy Market for Christmas, Winter

    Model 2- Co-branding Affiliation Nerf water guns

    Market for Summer

    MyFlyer personalization Feature on webpage

    Rim color, wagon color, stickers, etc.

    Personalization, Name Your Wagon

    Focus on creativity, imagination, invention

    .

    The new-age

    tradition

    Dual product=

    increased usage

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    .

    acement

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    onclusion

    .

    Current Belief:Radio Flyer is an old, iconicbrand thats nearly

    outdated

    Big Idea:

    Radio Flyer enablesimagination, invention andmagic for kids by being the

    anti-video game

    Support:Imagination is being lost in cyberspace, technology is replacing

    imaginative fun

    Parents dont want to disappointtheir kids with what they buy,

    but they want to feel good abouttheir purchase

    Desired Belief:

    We are inventing newtraditions by invoking

    the imagination

    Current Action:

    Buying other, more high-tech toys

    Not appreciating the magicof Radio Flyer

    Desired Action:To sell more Radio Flyers based on

    the idea that they encourageimagination and play

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    Questions?