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Lisa D. Spiller, Ph.D. Christopher Newport University Carol Scovotti, D.P.S. University of Wisconsin – Whitewater Jacobs & Clevenger Case Writers’ Competition – October 3, 2015 Boston, Massachusetts
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Here Come the Millennials! 25% of US population –largest living generation, surpassing Baby Boomers by 3 million $200 billion annual spending First digital native generation About 1/3 already have kids 1901-1926 1927-1945 1946-1964 1965-1980 1981-2000 2001-? GI Generation Silent Generation Baby Boomers Generation X Millennials Generation Z
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Millennials are Diverse MillennialsGeneration XBaby Boomers Hispanic21%18%10% Non-Hispanic White 57%62%72% African- American 14%13%11% Asian6% 4% Other3% 2%
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... in More Ways than One Parents as friends Self-awareness Enrichment Connection Immediacy BeliefsBefore KidsAfter Kids Conservative Christian 10%33% Eco group member 10%0.2% Buy eco products 60%37% Celebrities motivate 21%6% Less web RE: security 10%29% Belief Systems Change with Kids
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Williamsburg Area Destination Marketing Committee (WADMC) Promote Historical Triangle area as an overnight tourism destination –Funding for marketing from room tax & partners Includes Busch Gardens & Water Country USA
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Signs that Something is Wrong
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WADMC Challenge Increase new & repeat traffic at Williamsburg tourist venues by Millennial parents Increase hotel occupancy in the area Overcome perception that Williamsburg is boring
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The Protagonist Corrina Ferguson –Director of Destination Marketing –Former VP of Marketing, New Media & Strategy for VisitNewEngland.com –Experienced event planner –Current responsibility is for Williamsburg as a destination, not a single attraction or entity We are grateful to Corrina for her assistance with this case!
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A Different Approach to Case Structure Data rich –secondary & primary Series of dialogues Lots of creative materials New branding offers diverse case directions Financial data for ROI analysis
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Teaching Suggestions Undergrad & graduate levels Discussion, role-play, group Useful in lots of courses –Direct Marketing –Database, CRM –Management, Strategy –IMC, Promotion, Advertising –Research –Tourism/Leisure Studies
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Key Lessons Not all research is relevant or managerially important Research drives strategy Good strategy trumps good creative Even as a Millennial, you are not your customer!
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Teaching Objectives Use primary & secondary data Segment prospects Determine value proposition Create data-driven campaign Determine messaging strategy Plan & create IMC campaign Project financial outcomes
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Teaching Note Resources Discussion questions Web-based data sources for Millennials Additional background for instructor Breakeven analysis Related assignments –STP forecasting –List rental task –Offer creation –Creative strategies –Media strategies –Mobile/Text assignment
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Lisa D. Spiller, Ph.D. Christopher Newport University Carol Scovotti, D.P.S. University of Wisconsin - Whitewater
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