Watch Me Build a Marketing Strategy in 20 Minutes For a Completely Random Business — Transcript
Full transcript
- 0:00In this video, I'm going to show you how
- 0:01to build a complete marketing strategy
- 0:04from start all the way to finish and I'm
- 0:05going to show you by doing it in real
- 0:07life with a completely random example,
- 0:10one that I had no control over, no say
- 0:12over, but I think will be a whole lot of
- 0:14fun and hopefully a very valuable
- 0:15learning experience as well. So, here's
- 0:17how this whole thing started. This past
- 0:19weekend, I asked my kids to go through
- 0:21the house and to try to pick any single
- 0:24thing that they wanted without really
- 0:26any idea of what I was going to do.
- 0:28Little did they know I was going to
- 0:29create a marketing strategy around it,
- 0:30which is where they quickly lost
- 0:32interest. But, this helped to keep them
- 0:34from being too biased with their
- 0:36decision. Anyway, trying to get them to
- 0:38pick and then decide and actually agree
- 0:41on one specific thing was a whole other
- 0:43ordeal unto itself, but ultimately they
- 0:46ended up deciding on a single product,
- 0:49probably because we just eaten it for
- 0:51breakfast earlier that day, but the
- 0:53product they decided that they wanted me
- 0:55to use was Kodiak Cakes. Now, couple
- 0:58quick things before we head into the
- 0:59video. Number one, this video is not
- 1:00sponsored by Kodiak Cakes. This is
- 1:02legitimately a completely random
- 1:04product. Number two, I happen to quite
- 1:06like Kodiak Cakes as a breakfast food, a
- 1:09nice treat on the weekend. However, I
- 1:11know basically nothing about the
- 1:13company, about their marketing, or about
- 1:15anything behind it. So, this really was
- 1:17a neat opportunity for me to sort of
- 1:19apply my marketing master plan process
- 1:22to Kodiak Cakes and to create a
- 1:23strategy. What would I do if I was the
- 1:26CEO or the CMO of Kodiak Cakes to try to
- 1:28reach more people, try to deliver the
- 1:30brand message. So, here's what we're
- 1:32going to do next. First, I'm going to go
- 1:34through what I believe would be the
- 1:36appropriate strategy, the right
- 1:37marketing campaign, the right ideas, the
- 1:39thoughts, and apply them through my
- 1:41marketing master plan in order to come
- 1:43up with sort of a guideline for how I
- 1:45would go and market this product. Then,
- 1:47I'm going to do a little bit of research
- 1:48after the fact and see what Kodiak Cakes
- 1:51is actually doing. See how much of this
- 1:53is in line with the things that I
- 1:54believe or if there's any things that I
- 1:56may have missed or some other ideas and
- 1:58all of this will hopefully not only give
- 2:00you ideas and a way of thinking about
- 2:02and approaching your marketing, but also
- 2:03give you ideas and inspiration for some
- 2:06takeaways that you're going to be able
- 2:07to apply to your business regardless of
- 2:09what market or business or industry
- 2:12you're in. And that's what makes
- 2:13marketing so interesting is that while
- 2:15every business, every market, every
- 2:17industry is different, there are
- 2:18nuances, there are sort of unique
- 2:21characteristics, the fundamental
- 2:23principles of marketing are universal.
- 2:25They stay the same. And the way that
- 2:27consumers and customers and your
- 2:28clients, the way that they buy things,
- 2:30the way that they make purchasing
- 2:32decisions, well, these criteria really
- 2:35haven't changed that much in thousands,
- 2:37if not tens of thousands of years.
- 2:38They're based on very strong emotional
- 2:41reasons and then they're they're backed
- 2:42up logically and rationally later. But,
- 2:45more on that later. For now, let's start
- 2:47marketing. All right, so the way that I
- 2:48create marketing for any client, the way
- 2:51that I teach all of my students and the
- 2:52way that I've been doing it in one way,
- 2:54shape, or form for the past 10 years and
- 2:56more is to go through a very specific
- 2:58and very strategic five-part process.
- 3:01Each one is sequential, each step builds
- 3:03on the next one. Every step is important
- 3:05and it all starts with step number one,
- 3:07which is all about the model. All right,
- 3:09so the very first thing when it comes to
- 3:11marketing any business is figuring out,
- 3:12well, what's the business model? What
- 3:14exactly are we selling? What are our
- 3:16price points? Where do we fit in the
- 3:17market? What is the way that we're going
- 3:20to present our offers? All of the things
- 3:22that go into it. Now, again, admittedly,
- 3:24I know very little, if not pretty much
- 3:26nothing, about Kodiak Cakes other than
- 3:28they're kind of kind of a tasty pancake.
- 3:30But, on that note, well, it's safe to
- 3:32draw some pretty natural conclusions
- 3:34that, all right, so what we're dealing
- 3:35with here is not only a breakfast food,
- 3:37but a breakfast food that is probably
- 3:40going to be sold not only through big
- 3:42box stores cuz I'm pretty sure I
- 3:43remember that we picked this up at
- 3:45Costco, but also I think you can also
- 3:47order them online, which is a
- 3:49direct-to-consumer model. So, they're
- 3:51using different retailers, they're using
- 3:53direct-to-consumer, they're definitely
- 3:55in sort of a lower-priced
- 3:58uh bracket, I guess, of all of the kind
- 4:00of different products being sold, but
- 4:01probably a higher-priced bracket if you
- 4:03compare them to say other pancake
- 4:04brands. Even though I can't think of a
- 4:06single other pancake brand, but I guess
- 4:07that's where research comes in later.
- 4:09Also, I'm going to back this up in just
- 4:10a second with a little bit of due
- 4:12diligence and research, but my
- 4:13understanding of most food-based
- 4:15services, most products and services of
- 4:17any kind, well, they tend to start with
- 4:19one core product and then they branch
- 4:20out, testing different things and seeing
- 4:22what other areas and what other products
- 4:24and services they can also offer. So,
- 4:26we're going to say, for the business
- 4:28model right now, it's a combination of
- 4:29both retail stores as well as
- 4:31direct-to-consumer. They're selling
- 4:33primarily lower-priced food consumable
- 4:36objects. So, once that part is covered
- 4:38and we've got all our notes and all of
- 4:39our details on that, well, it's time to
- 4:41move on to the next step, which is all
- 4:42about the market. Now, in my humble, but
- 4:45incredibly accurate opinion, the market
- 4:47is the single most important element of
- 4:49all of your marketing success. This is
- 4:51because the word market, well, it's
- 4:53baked right into the word marketing
- 4:54itself. This shows just how
- 4:56fundamentally important really
- 4:58understanding your market is, who they
- 5:00are, what they like, what kind of things
- 5:02they buy, what other things are going to
- 5:04influence their decisions. And the
- 5:06better you understand your market, the
- 5:08better you understand your customers,
- 5:09your clients, the people you're trying
- 5:10to serve, the better your business is
- 5:12going to do, period, full stop. There's
- 5:15a great expression that I love that says
- 5:16the customer doesn't buy when they
- 5:18understand, they buy when they feel
- 5:20understood. Now, I appreciate we're
- 5:22talking about pancakes here, so we don't
- 5:23have to get too emotionally deep, but
- 5:25you better be sure there's still some
- 5:27kind of connection, some kind of
- 5:29emotional appeal, some kind of draw that
- 5:32is pulling people towards these
- 5:33pancakes. In fact, even just a quick
- 5:35look at the box itself can already tell
- 5:38you a number of things about the brand,
- 5:40about the business. Look at how they're
- 5:42going for kind of a rustic appeal. Look
- 5:44at the color scheme, a mixture of kind
- 5:46of earth tones and red tones and things
- 5:49like that. Look at how it's kind of
- 5:51rough and kind of almost like this
- 5:53frontier element of the Wild West and
- 5:56gold panning and things like that. Not
- 5:58to mention the name itself, Kodiak
- 6:00Cakes. They're not calling them
- 6:01pancakes, which sounds a little bit, I
- 6:03guess, lighter and nicer. They're
- 6:04calling them cakes. And don't even get
- 6:06me started on Kodiak. I mean, this is a
- 6:08massive, monstrous grizzly bear that
- 6:10weighs, I don't even know, hundreds and
- 6:12hundreds of pounds. I mean, these things
- 6:13are terrifying. Now, based on my
- 6:16experience and my understanding of the
- 6:18market and the different markets that
- 6:20are out there right now, I'm probably
- 6:22pretty safe to say that the market that
- 6:24they're appealing to right now is
- 6:26probably a mixture of millennials around
- 6:28the ages of, if I had to guess, I'd say
- 6:30like 28 to 38, maybe putting them
- 6:33somewhere in like their early 30s would
- 6:35be the ideal demographic of this.
- 6:37Possibly either people that are thinking
- 6:39about starting a family, people that
- 6:41have a family and young kids that they
- 6:43need something relatively healthy for
- 6:45higher protein content, that kind of
- 6:47thing. Also, again, you'd of course want
- 6:49to back all of this up with appropriate
- 6:51customer research as well as competitor
- 6:52research, but again, my gut's going to
- 6:54say that we're probably steering more
- 6:56towards a female demographic, at least
- 6:59making the purchase. Now, this is
- 7:01typically just because of the split of
- 7:03who makes this kind of buying decision.
- 7:05However, even though the branding looks
- 7:07like it might be going for a more male
- 7:08demographic, you can be sure that the
- 7:11vast majority of say their followers or
- 7:13the people that engage with their
- 7:14content are going to be female. But
- 7:16again, I want to back all of this up
- 7:17later with research. All right, so now
- 7:19that we've got that covered, it's time
- 7:20to move on to step number three, which
- 7:22is all about message. So, the message of
- 7:25your marketing is all about really
- 7:27figuring out what kind of stories, what
- 7:29kind of words, what kind of language
- 7:31your customers use. What are their
- 7:33pains, their problems, their fears, and
- 7:35their frustrations, all the things I
- 7:36call their miseries, as well as what are
- 7:38all of their goals and their dreams and
- 7:40their desires and their aspirations,
- 7:41what I call their miracles, and then
- 7:43finding a way to help them bridge the
- 7:45gap. Now, of course, we're going to do
- 7:46research, like I keep saying, later to
- 7:48figure this out, but for now, there's a
- 7:50lot of information we can gain simply by
- 7:52looking at the box itself, simply by
- 7:54looking at the product that's being
- 7:56sold. I mean, seriously, we've already
- 7:57talked about the fact that it's kind of
- 7:59rugged-looking, and it's got a bear, and
- 8:01it's got some red and dark earth tones
- 8:02and things like that, but just look at
- 8:04the wording on the box right here. I
- 8:05mean, the very first thing that it leads
- 8:07with is protein-packed, which shows that
- 8:09what we're doing here is we're appealing
- 8:10to a more health and possibly
- 8:12fitness-minded individual. Next, it uses
- 8:14words like 100% whole grains, but not
- 8:17only that, it's using crafted with,
- 8:19which in itself is telling you a certain
- 8:21kind of sort of a certain kind of
- 8:23underlying tone about just the wording
- 8:26that they're using and the tone and the
- 8:28emotion and the attitude that they're
- 8:30trying to convey. I mean, crafted is
- 8:32very different than made with or added
- 8:35or it's got this stuff in it. I mean,
- 8:38this is crafted. Of course, we have the
- 8:40name Kodiak Cakes itself, but also right
- 8:41below that, you'll see power cakes,
- 8:43which in itself is a very powerful word,
- 8:45literally. And of course, they're not
- 8:47just pancakes, they're flapjacks and
- 8:49waffle mix, which just sounds a whole
- 8:50lot more cool. And once again, they're
- 8:52putting that protein content on it,
- 8:54which is reinforcing kind of the unique
- 8:56selling proposition or the value of what
- 8:58it is that they're delivering. So, from
- 8:59a messaging standpoint, I kind of like
- 9:02all of it. I mean, really, if I'm going
- 9:03through the model and I'm going to sell
- 9:05at retailers and direct to consumer,
- 9:07which is definitely where I would start,
- 9:08and I'm thinking through my market of
- 9:10millennials, probably young families,
- 9:12typically it's trying to appeal to say a
- 9:15male demographic, but we know that the
- 9:16female is going to be the primary
- 9:18shopper, so I'm I'm going to be gearing
- 9:20a lot of the language around that, and
- 9:22then I start moving into my messaging
- 9:23about protein and health and 100% whole
- 9:26grains and making it powerful and all of
- 9:29those things. Well, a very clear image
- 9:31is starting to form in my mind about
- 9:34what direction I'm going to be pushing
- 9:35this campaign, the kind of metaphors
- 9:38that I can use, the kind of
- 9:40images that I'm going to want to
- 9:42develop, the kind of branding and
- 9:44messaging around it, as well as the
- 9:46calls to action and the appeals, and the
- 9:48real the real push for this being a more
- 9:51filling, a more substantial, a more sort
- 9:54of a better way to start your day. In
- 9:55fact, I'm pretty sure that's already
- 9:57somebody's slogan or tagline, a better
- 9:59way to start your day. But if not, I'd
- 10:01be using it. Maybe the best way to start
- 10:02your day. Or maybe something like a
- 10:04better way to be ready for anything life
- 10:06throws at you. There's a lot of ways we
- 10:07could go with this one. Okay, so at this
- 10:09point we've got model pretty much dialed
- 10:11in. I'm going to definitely be gearing
- 10:12towards more direct-to-consumer just
- 10:14because of the complications involved
- 10:16with going through retailers. We've got
- 10:17our market pretty much figured out,
- 10:18millennials, young families. We've got
- 10:20our messaging figured out. Now it's time
- 10:22to move on to media. Where are we going
- 10:24to be advertising this, where are we
- 10:26going to be marketing this, what kind of
- 10:27marketing and advertising are we going
- 10:29to want to do? If you made it this far,
- 10:31congratulate yourself because you've
- 10:32gone through all of the hard stuff. Now,
- 10:34this is where we get to have a little
- 10:35bit of fun. We get to sort of polish
- 10:37things up and put them out to the world,
- 10:39make them creative, make them
- 10:41irresistible, and really connect with
- 10:43our market in a way that's going to give
- 10:44them a ton of value and make them desire
- 10:47and want what we have to sell. Now,
- 10:49fortunately, when it comes to choosing
- 10:50different media sources for this
- 10:52product, it's actually incredibly simple
- 10:54because we've already done the mental
- 10:56heavy lifting of identifying our ideal
- 10:59target market. We're going to say
- 11:00millennials, early 30s, men, women,
- 11:03probably more women. Well, this is
- 11:05pushing us towards platforms like
- 11:07Facebook, like Instagram. We might run
- 11:10YouTube ads, although the cost required
- 11:13to sort of get a conversion may not make
- 11:15sense given the lower price point of the
- 11:16product. I'm also probably going to be
- 11:18running some kind of Google ad. There's
- 11:20no reason that I wouldn't want to appear
- 11:23for a branded search term around my
- 11:26product. So, for example, if someone is
- 11:27searching on Google for protein
- 11:29pancakes, definitely Kodiak Cakes,
- 11:32anything like that, I want my brand to
- 11:35appear. So, we're going to run probably
- 11:37Facebook ads, Facebook organic
- 11:38marketing. We're going to run Instagram
- 11:40ads, as well as Instagram organic
- 11:42marketing. We're going to run Google
- 11:44ads, as well as probably have a decent
- 11:46search engine optimization platform
- 11:48built around different recipes and
- 11:51different lifestyle things that would be
- 11:53interesting to my market. So, just for
- 11:55fun, I figured, "Hey, why don't we put
- 11:56together a really simple social media
- 11:59campaign?" Probably take the logo, maybe
- 12:02animate a little bit, make some kind of
- 12:04a video, find some b-roll or stock
- 12:06footage of a bear coming around and
- 12:08making some sounds, and seeing if we
- 12:09could put together something that I'd be
- 12:11proud of to advertise my company. So,
- 12:13the first thing that I did, just headed
- 12:15over to Photoshop. Now, if you're not
- 12:16familiar with Photoshop, you can
- 12:18probably have this done on Fiverr or
- 12:20Upwork or get somebody else in your
- 12:22company to do it. It's really not too
- 12:23complicated. All you really have to do
- 12:25is make a selection of the main parts
- 12:28that you want to remove or to animate,
- 12:30and then you can simply cut it out. So,
- 12:31you can see what I've done here is I
- 12:33animated or cut out the bear here, which
- 12:35allows me to then bring him back in
- 12:37later. We can use content-aware and
- 12:39simply replace the background, but you
- 12:41can see that I sort of did this in
- 12:42different layers, starting from that
- 12:44main logo. And that then gives me the
- 12:46freedom to go into, in this case, Final
- 12:49Cut Pro, which is my video editing
- 12:50software, and start to animate a bit of
- 12:52a commercial around it. All right, so
- 12:54then what I did is I took that over and
- 12:56I moved it into Final Cut Pro, and you
- 12:58can see that all I've done is I've taken
- 13:00the box, I've animated it, so it drops
- 13:02in with a little bit of smoke, and then
- 13:04I've got the bear rolling through, and I
- 13:06added just a little bit of a b-roll of a
- 13:09of sort of a bear walking through in the
- 13:10background, as well as those those
- 13:12ever-important bear sounds to make it
- 13:13that much more real. And in the end,
- 13:16this is what we get.
- 13:24Roar.
- 13:32So what I tried to do there is stick
- 13:33with kind of that frontier theme, try to
- 13:35make it a little more interesting. I
- 13:37went with the tagline of eat healthy,
- 13:39even though after we've just talked
- 13:40about this 3-day I might go with
- 13:41something like preparing yourself for
- 13:43the day or whatever it is. There's got
- 13:45to be some kind of bear cliche pun
- 13:47metaphor something something. I'm barely
- 13:49able to think right now. All right, so
- 13:51with the media section out of the way
- 13:52it's time to move on to the final piece
- 13:54of the puzzle which is all about the
- 13:55machine. This is how you're actually
- 13:57going to go about selling these things.
- 14:00Now given the price point it simply
- 14:02doesn't make sense to have some kind of
- 14:03elaborate campaign with all kinds of
- 14:05multiple steps. I mean these are not
- 14:07decisions that someone needs a lot of
- 14:09time to think about sort of evaluating
- 14:11the pros and cons of different protein
- 14:13packed pancake brands. However, still
- 14:15got to be smart about it which means
- 14:17that I'm still really in love with this
- 14:19direct-to-consumer idea selling them
- 14:21from my own website taking control of as
- 14:23much of the distribution as possible
- 14:26until it doesn't make sense logistically
- 14:28later on. So for my machine what I'm
- 14:31going to do here is I'm probably going
- 14:32to run those Facebook ads, Facebook
- 14:34organic content, Instagram ads,
- 14:36Instagram organic content, as well as my
- 14:38Google ads direct to a sales page for a
- 14:42product. Now one of the biggest and most
- 14:44important things to consider when you
- 14:46are running ads or running any kind of
- 14:48content to a landing page selling
- 14:50anything is you want to stick to one
- 14:52single thing at a time. Meaning I'd want
- 14:54to identify what my best seller is. In
- 14:56this case, well I've only got the one
- 14:58kind of Kodiak Cake in the pantry, so
- 15:00that's what we're going to be going
- 15:01with. But if I had all kinds of
- 15:02different products and offers, you want
- 15:04to do one at a time. You don't want to
- 15:06send them to your home page and
- 15:07overwhelm people with a ton of different
- 15:09options. They're just going to get
- 15:11confused, they're not going to buy
- 15:12anything, and they're going to leave. In
- 15:13fact, there's countless studies being
- 15:15done on this. It's a psychological
- 15:16phenomenon known as the paradox of
- 15:18choice where essentially when you give
- 15:20people way too many different decisions,
- 15:22they don't make any. They just walk
- 15:23away. And actually even worse, if they
- 15:25do happen to make a decision, they're
- 15:27overall less satisfied with the decision
- 15:29that they made. They second-guess
- 15:31themselves. They think it's worse. So,
- 15:32long story short, sell one thing at a
- 15:34time. All right. So, now that I've got
- 15:35my complete marketing campaign built up
- 15:38from model to market to message to media
- 15:39and machine, well, it's time to put this
- 15:41to the test. Let's do a little bit of
- 15:43research into Kodiak Cakes themselves.
- 15:46Let's figure out how much of this was
- 15:47sort of in line with what they're
- 15:48currently doing. Maybe it'll spark some
- 15:50ideas for other things that they could
- 15:52do, or maybe there were some areas that
- 15:54I missed. And the best place to do this,
- 15:56and the best place to start, is to
- 15:58simply go to their website and see what
- 16:00they've got going on. So, let's hop in
- 16:01the computer now. Take a look. All
- 16:03right. So, here we are on the Kodiak
- 16:05Cakes website. And in fact, we're going
- 16:08to be able to get some pretty good
- 16:09information here right away about the
- 16:10model, the market, the message, the
- 16:11media, and the machine, probably just
- 16:14from this one website alone. So,
- 16:16starting off, let's do a quick scan
- 16:20through. And we can see that there are a
- 16:21number of different products. So, in
- 16:24fact, if we go to open
- 16:26and see all these different products,
- 16:28holy moly, we got a bunch. We got muffin
- 16:31cups and power cakes and all kinds of
- 16:35other stuff. Baking variety packs. I
- 16:37mean, they've got a whole bunch of
- 16:38different stuff. So, this is clearly
- 16:41sort of the different product line, but
- 16:42you can see the price point. $5.90,
- 16:44$5.50, $2.40.
- 16:46This baking variety pack is $30. So,
- 16:49we're not talking about massive, massive
- 16:51amounts of money, which means that it's
- 16:53very likely that their success of their
- 16:56business model is going to be built on
- 16:58retention and on recurring revenue, on
- 17:01people getting hooked on Kodiak Cakes,
- 17:03which which admittedly our family kind
- 17:05of is. So, it's like this is something
- 17:06that you buy and you eat every single
- 17:08weekend as a or maybe even every single
- 17:10day based on all of the different kind
- 17:12of things that they have. They're
- 17:13showing a lot of good social proof with
- 17:1550 reviews and 40 reviews on that one
- 17:17and 14 reviews and so on and so forth.
- 17:19So, the model seems solid from that
- 17:22point. And of course, you can buy them
- 17:24all online. It obviously doesn't show
- 17:27here that they're sold in different
- 17:29stores, but I know firsthand that they
- 17:30are. So, we are using a couple different
- 17:32distribution strategies. We're using
- 17:34direct-to-consumer selling through the
- 17:35website as well as through retailers.
- 17:38All right. Now, figuring out the exact
- 17:40target market based on a website is a
- 17:42little bit trickier. Rarely is a company
- 17:44going to say out
- 17:46just come out on the website and be
- 17:47like, "We're for this kind of person and
- 17:48this kind of thing." Especially with
- 17:51mass market appeal like this. So, let's
- 17:54go over to Google and it's amazing
- 17:56sometimes what you can find when you
- 17:57type in like who is the target market of
- 18:00this brand or who is the target market
- 18:02of this business or anything like that.
- 18:04I mean, Google's got a ton of info. So,
- 18:06let's see what they got. All right. So,
- 18:08a quick search for Kodiak Cakes target
- 18:10market shows us that the most part their
- 18:14average age is 31. They're the target
- 18:16market.
- 18:18Looks like this is based on the average
- 18:21age of the person on the team and it's
- 18:23showing that yeah, right. Well, this is
- 18:24the age of the target market which kind
- 18:25of fits in line with what my guess was,
- 18:28what my hypothesis was. I'm kind of a
- 18:30millennial between the ages I can't
- 18:32remember what I said exactly was say 28
- 18:34to 38, 28 to 40, somewhere in that
- 18:36range, early 30s. That's really what
- 18:38we're going for. I mean, just the tone
- 18:41and the style and the branding alone
- 18:42kind of guides you in that direction,
- 18:44but this kind of really
- 18:46really solidifies that, backs it up. All
- 18:48right. And to do a little bit of a
- 18:49deeper search, we'll also type in Kodiak
- 18:51Cakes demographics to find out what are
- 18:53the demographic details of the market
- 18:55and it looks like at least based on
- 18:58social media following, 68.6%
- 19:02of the followers are female, 31.4% are
- 19:05male. Again, this kind of backs up the
- 19:09the demographic, the thought that I had
- 19:11around who is it going to be. It's going
- 19:13to be kind of an even split between male
- 19:14and female. Females are more inclined to
- 19:17be making these kind of purchasing
- 19:19decisions for the household, especially
- 19:21with younger families. This is just sort
- 19:23of stereotypical behavior that we see
- 19:25with different demographic profiles. So
- 19:27again, it kind of backs it up. They're
- 19:28also more likely to engage on social
- 19:29media. So it may not be the most
- 19:31accurate statistic, but at least again,
- 19:33points us in the right direction for the
- 19:35market. All right, next up we have
- 19:37message. What are they trying to say?
- 19:38Now of course we were able to deduce a
- 19:40number of very valuable takeaways just
- 19:42from the box of Kodiak Cakes itself.
- 19:44However, when we come to the website,
- 19:46this is all reinforced, right? I mean
- 19:48again, we've got the branding. We've got
- 19:49kind of this old school heritage, almost
- 19:53hipster vibe to it. We've got the way
- 19:55that the logo looks with the kind of
- 19:57wood paneling background. We have snack
- 19:59adventurously. That's a good tagline. I
- 20:01like that one. Should use that one.
- 20:03We've got their call to action here or
- 20:06their sort of sub head being short on
- 20:07time to whip up a snack. Grab an on the
- 20:09go granola bar. Da da da da da. Again,
- 20:11it sounds totally sounds like I'm
- 20:12working for Kodiak Cakes. This video is
- 20:14not sponsored, but um
- 20:16but I do like their pancakes. So again,
- 20:18those are decent. Call to action shop
- 20:20flavors. Whole grains taste better. Uh
- 20:23they're they're talking about their
- 20:24unique selling proposition here again.
- 20:26100% whole grains, protein packed,
- 20:27non-GMO. All things that their
- 20:29demographic would care about. Um really
- 20:31cool imagery again. Really like the the
- 20:34imagery and the branding. Do more with
- 20:36your meal.
- 20:38Wildlife conver- conservation. That's
- 20:40good. How do you conquer the frontier?
- 20:42Oh yeah, so there we go. Some frontier
- 20:44actual admission of the word which I
- 20:46like. Get news and deals without having
- 20:48to forage. So they're really really
- 20:50doubling down on this whole bear theme,
- 20:52which I like. I mean if this is your
- 20:53brand, this is what you're going for.
- 20:54They're based, looks like here out of
- 20:55Park City, Utah. So of course everything
- 20:58like that is going to line up. All of
- 20:59that works fine. And in fact, while
- 21:01we're down here, this will lead us
- 21:02nicely to the next point, which is all
- 21:04about media. So if you remember from
- 21:06just a few minutes ago when I was
- 21:07talking about media thinking about kind
- 21:09of our our millennials in their early
- 21:1030s, mostly female, bit of a split
- 21:13between men, I mentioned Facebook with
- 21:16um organic and paid, talked about
- 21:18Instagram organic and paid, talked about
- 21:20possibly running YouTube ads as well as
- 21:22Google ads. Well, a simple look down
- 21:24here and you can see that, all right,
- 21:26they're linking out to a Facebook
- 21:27profile, which is very common.
- 21:29Pinterest, didn't think about that one,
- 21:30especially with a female demographic and
- 21:32recipes, that's kind of a slam dunk. Uh
- 21:35Instagram, yes. Twitter, and we'll open
- 21:37that in just a second. My gut would say
- 21:39that's probably not their most lucrative
- 21:41marketing channel based on the demo that
- 21:43they're trying to go after, but it's
- 21:45still there. But, there's another little
- 21:47trick that I've got up my sleeve as well
- 21:49to find out if they're running Facebook
- 21:51ads and if they're running Google ads,
- 21:53and that is through something called the
- 21:55Facebook Pixel Helper and then Google
- 21:57Tag um
- 21:59Assistant here. So, let's start with
- 22:01Google Tag Assistant right at the top.
- 22:03This is a free Chrome plugin that you
- 22:04can just install on your browser and
- 22:06it'll show you what tags are visible or
- 22:09what tags are installed on different
- 22:10websites. And you can see that on Kodiak
- 22:12Cakes website, we've got, obviously,
- 22:14their Google Site Tag. We've got
- 22:16conversion tracking. We have ads
- 22:18remarketing tags. We have analytics, of
- 22:21course, and Google Tag Manager, which
- 22:23makes sense. But, it's these remarketing
- 22:24tags that are interesting because what
- 22:26this means is it's a very smart strategy
- 22:29to not only be advertising to people who
- 22:31are searching for your brand and
- 22:32business, but also running remarketing
- 22:34ads. Meaning, you're targeting only who
- 22:36have visited your site before and have
- 22:38then been cookied with the pixel on your
- 22:40site. So, this is good to see and it
- 22:42also kind of confirms they are indeed
- 22:43running those Google ads. And then, of
- 22:46course, using Facebook Pixel Helper, and
- 22:49we can see that, yes, indeed, they do
- 22:51have the Facebook Pixel installed on
- 22:53their site. That's what this little
- 22:54green thing here is and you can confirm
- 22:57one pixel found on Kodiak Cakes. So,
- 22:59again, they at least have their Facebook
- 23:01Pixel installed. Now, we could double,
- 23:03triple confirm this by going over to
- 23:04Facebook, clicking at their Facebook
- 23:05page, looking through page transparency,
- 23:08and seeing it if they're running ads and
- 23:10what ads those are as well to really
- 23:12back this up. All right, well, on that
- 23:14note, there's no way that I'm not going
- 23:15to let my curiosity get the better of
- 23:17me, so let's head over to Facebook and
- 23:19uh and we'll look up the Kodiak Cakes
- 23:21page now to see if they're running ads.
- 23:23All right, so here we are on the Kodiak
- 23:25Cakes Facebook page. Now, you can do
- 23:28this with any single company, any
- 23:31competitor that you want to do research
- 23:33for to find out if they're running ads
- 23:34and what those ads say as well. All you
- 23:36need to do is go over to the page,
- 23:38scroll on down to this section here
- 23:41called page transparency, click see all,
- 23:44and right here you'll see ads on this
- 23:46page. This page is currently running
- 23:47ads, but it gets even cooler. We can go
- 23:49to ad library,
- 23:51and it's going to open up the ads that
- 23:53are currently running. Now, it looks
- 23:55like we've got just Canada selected, so
- 23:57we'll select all,
- 23:59and it still looks like it's not showing
- 24:02in this case. So, no ads to take a look
- 24:04at or gain any information from, but
- 24:06definitely feel free to use this for any
- 24:07other competitors that you want to be
- 24:09taking a look at. All right, so at this
- 24:10point we've backed up their model, we've
- 24:12talked about their market, their
- 24:13message, their media. The last thing is
- 24:15the machine, and of course, this one is
- 24:18also hard to deduce just from a website,
- 24:20but again, we can see that they are
- 24:22using a direct-to-consumer model based
- 24:24on the fact that they have this shopping
- 24:26ability to add to cart, to make the
- 24:28purchase right there on the website. So,
- 24:30clearly we know that they're available
- 24:31in different retail stores, but they're
- 24:33also selling direct to consumer, and
- 24:34they have a number of different products
- 24:36available just like that. All right, so
- 24:39with all that said, that is a literal
- 24:41complete marketing strategy, and that
- 24:43marketing master plan framework of
- 24:44model, market, message, media, and
- 24:45machine is something you can apply to
- 24:48everything that you do moving forward.
- 24:50So, in order to make this even more
- 24:52effective, and in order to set yourself
- 24:54for even more success in in future, the
- 24:55next thing you're going to want to do is
- 24:57check out the video I've got linked up
- 24:58right here on digital marketing. So,
- 25:00make sure to check that out now, and
- 25:02I'll see you in the next video. All
- 25:03right, the next thing that'll really
- 25:04help you become a better digital
- 25:06marketer is to understand the
- 25:07differences between strategy and
- 25:09tactics, and when to use them. Strategy
- 25:12is all the big picture stuff, and this
- 25:14is really where you want to focus
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