the color festival
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The Color Festival
Marketing Plan
What is the Color Festival?
Everyone getting together no matter their age, race, class or gender and celebrating togetherness and the beauty of the changing seasons is the main idea of this event.
Corporate Review
Mission Statement The DC color festivals main goal is to promote
togetherness while providing a safe and exuberating atmosphere to enjoy the changing colors of life.
VisionThe five-year vision is to increase the positive impact
on audiences and the community while building a financially stable and adaptable organization
Consumer Analysis
Customers/ Buyers vs. consumers/users Influencesaccessibility location
Purchase rate influencelocation offers
Brand loyalty analysis: HOLI has created a reputation of its own for being an all around great time.
Brand Review
Festivals as a whole are in a stage of growth and maturity.
Competitive Analysis
Major Competitors:Life in ColorThe Color RunHOLI One
SWOT Analysis
Strengths Large target market “Color Throw” demand Variety in alternative activities Location Price Methods of Distribution Eco-Friendly color
Weaknesses Mixed Reputation Short on Staff/Volunteers Lack of rainy day accommodations
Opportunities Growing Market Vendors and Sponsors Internationally associated Location Routes
Threats Weather Location Competitors Vendor Reliability Seasonality
SWOT Analysis Cont.
The Basics of the Color Festival
Marketing Objectives: To have 60% of attendees from DC, Maryland, or Northern Virginia areas. To keep ticket prices at an encouraging $15- $25 depending on date of purchase. To offer discount sales to seniors and students. To offer groupons every month, twice a month leading up to the event starting eight
months prior to the Color Festival. To spend 15% -20% of the total budget on marketing.
Methods of Distribution Social Media: Facebook, Twitter, Instagram, Pinterest, Tumblr, Google+, YouTube Mass Email News Websites Word of Mouth
The Basics of the Color Festival Cont. Target and Segmenting
Millennials Generation X All ages, races, ethnicities International (FVR Travelers segmentation) Maryland and Northern Virginia (geographical segmentation)
Competitive Advantage History Price Eco-friendly Concept
Positioning and Branding Image Differentiation Bringing together of diversity to celebrate changing of seasons Islamic symbol in the middle of a flower
Marketing Mix
Product Objectives
Increase the number of festival goers by 150,000 by September 2015. Increase sales of men and women over the age of 40 by 20% Increase the number of international attendees to the Color Festival in 2015 by
20%Have at least 25% of DC residents recognize the Color Festival by June 2015.
Place Objectives
Bring the Color Festival to a minimum of 10 cities with a population of 300,000 by the end of 2015.
Have at least 10 college towns with annual Color Festivals by August 2017. Channels
The Color Festival will be using a direct distribution channel for the delivery of the Color Festival to the attendees.
Promotion Sales Promotion
Tickets bought closer to the festival date will be higher than those bought months in advance
Discounted tickets will be available for college students that can show a valid student ID
Discounted tickets will be available for anyone over the age of 55.
Pricing Objectives
Develop a price that will cover all marketing costs and ensure a profit of 60% if each festival results in a minimum of 100,000 attendees.
Increase revenue by 30% by the end of 2015.Research the prices of other local cultural festivals and ensure that the
Color Festival’s price are lower or equal to that price.
Marketing Mix Cont.
Control and Evaluation
Forecasting By 2015, it is believed that the DC Color Festival will have more than 300,000 festival
attendees
Budgeting The marketing budget for the DC Color Festival will all depend on the revenue brought
in from the previous Color Festival.
Scheduling and timing Marketing planning and strategies will begin to form 8 months prior to event Advertising and marketing production will begin 6 months prior to event Advertisement put into local newspapers 3 months prior to event
Evaluation An emailed survey will be sent to every ticket holder whose ticket was scanned at the
entrance of the DC Color Festival All evaluations/surveys completed will be looked at by event staff.
Advertising Designs
T-Shirt Design
Distribution Truck
Press ReleaseDC COLOR FESTIVALLife. Music. Culture.
Tickets on sale now!
When: May 27th, 2014Where: National Mall, Washington DCWhat: Food, Music, Dancing, Vendors and Lots of COLOR!! Everywhere. It’s a festival celebrating love and the power of love to bring all good things into our lives. It is held in early spring and signifies new life, new growth, new beginnings. Holi, therefore, reminds us to color our life with love, faith, and a generous spirit. And best of all, it just great fun. We get lost in color, forget about our usual identity, and experience life – and each other – from a whole new perspective.
Website: http://www.colorfestival.comContact: (909) 443-2113 Office Hours: 9:00 a.m. - 5:00 p.m. Eastern Time, Monday - Friday
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