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HankIving.com

 Thomas Confar
What Is HankIving.com?
Company Overview
 HankIving.com is an online music instrumental store
     Aspiring artists go to HankIving.com and shop for instrumentals that they would like to sing to
     or rap over.
     There is an MP3 player catalog that allows visitors to preview my instrumentals before buying.
     The PayPal button allows for a quick and easy purchase. I guarantee 24 hour instrumental
     deliver via e-mail.
     All instrumental leasing and exclusive rights information can be found at HankIving.com
     Website plays: 74,383
 …
Company Overview
                   Established in January 2012
                      HankIving.com was originally
                      “TommyConfar.com” which was
                      established in 2010
                   Owned by Tommy Confar
                      “Hank Iving” is a play on the
                      word Thanksgiving (Drop the T, s,
                      & first g)
                      I give back some proceeds to
                      various music sites
                          Example - www.mimamusic.org/
                      I also give away free
                      instrumentals
                   Software & hardware used to
                   make the instrumentals
                      Native Instruments “Komplete 4”
                      VST plugins
                      Pro Tools Mini Box 2
                      Various Sound kits
                      Rolland Juno G Synthesizer
                      Fruity Loops Studio 10
Direct Competition
 Soundclick producers
    Vybe Beatz
       Production credits: Chris Brown,
       Travis Porter..
            SC Plays: 179.9 Million
    Superstar O
       Production credits: Waka Flocka,
       Tyga..
            SC Plays: 56.3 Million
    Johnny Juliano
       Production credits: Kanye West,
       Wiz Khalifa..
            SC Plays: 88.9 Million
    Tom Davids
       Production credits: Eighty4Fly,
       Twista..
            SC Plays: 3.8 Million
Indirect Competition



 Studio producers
      Jim Jonsin
            Production credits: Lil Wayne
      Dr. Dre
            Production credits: Eminem
      Kane Beatz
            Production credits: Lupe Fiasco
      Noah “40” Shebib
            Production credits: Drake
      Pharrall
            Production credits: Snoop Dogg
 Other online MP3 player sites
      Soundcloud
      Reverbnation
            Both of these sites are growing rapidly, but are not known for instrumental
            sales. They focus more on band/artist song plays and dj remixes.
Target Audience   Aspiring Hip Hop and R&B
                  artists
                     Men ages 14 to 32
                     Household Income 35K+
                     No children
                     Education: high school/some
                     college
                     Active online
Target Trends
 Age
   Aspiring artists are starting their careers at a younger age
   because they no longer need a recording studio to produce
   their own work. Anyone can buy a USB microphone and
   Pro Tools and record in their own home, on their own
   time. Recording at home saves artists significant money
   and allows them greater flexibility.
 Buying online instrumentals
   Websites like soundclick.com make it easier for aspiring
   artists to find instrumentals for their own music projects.
   Online instrumentals are inexpensive and offer a wider
   variety.
 Follows pop icons
Target Hobbies/Interests
 Plays sports
 Connecting with
 friends and
 networking on
 blogs & social
 media sites
   Twitter
   Facebook
 Involved with the
 video game
 community
Ways To Reach Target
 Out of Home (OOH)
        Public Transportation
 Interactive (Online)
        Social Media
            Facebook
            Twitter
        Music Blogs
            Datpiff.com
            illroots.com
            2dopeboyz.com
            WorldStarHipHop.com
 T.V.
        Music
            BET,MTV & VH1
 Magazines
        Music
            Billboard
            Vibe
            XXl
Marketing Objectives
 Continue to educate the public & spread awareness
 about HankIving.com
 Reach five million website plays in one year
Seasonality
 Print, T.V. and OOH
   June-August
      Summer time = School is out = More time to focus on things
      outside of education
 Interactive (Online) ads will be run year-long
Geography
 This will be a national media plan, with a focus on all major
 U.S. cities.
    Public transportation ads will be important in the major cities
Media Objectives
 Reach “Aspiring Hip-Hop and R&B artists” in the major
 city regions by using a specific mix of media.
Strategy
 My media strategy targets online ads and with
 a secondary focus on T.V. ads. Magazine and
 Out of Home ads will be part of my strategy,
 but not as important in reaching my audience
 as T.V. and online ads.
   My target audience gets its media online and from
   T.V.
Media Mix
 Interactive (Online): My target gets most of its media fix from
 online sites. They promote what they are doing and network heavily
 on Twitter & Facebook. The target is also constantly looking at up to
 date blog sites to see what is current and new in the music world.
 Pop icons have a big influence on my target audience.
 Television: My target audience is heavily influenced by new music
 trends and by pop icons. T.V. shows like BET’s 106 & Park is a great
 way to reach my target audience.
 OOH: Out of Home ads will play a role in my media plan because my
 target is on the younger side and located in major cities. This is due
 to a need for public transportation.
 Print: My targeted audience reads music-focused magazines with a
 focus on the Hip-Hop and R&B genres.
Interactive
 Online Impressions
   $4,399,800.00 for 439,980,000 online impressions
Interactive
 Ad space for the following online
 sites
    Twitter.com
    Facebook.com
    Datpiff.com
    2DopeBoyz.com
    XXL.com
    Vibe.com
    Soundclick.com
    Illroots.com
    WorldStarHipHop.com
        These sites were chosen because of
        their fit with my target audience. My
        target audience frequents these sites.
        HankIving.com’s traffic will increase
        the most from online ads. These
        websites will be my front runners for
        ad space.
Analytics
 Google Analytics:
   track website traffic
   gather customer information
   measure advertising ROI
 Click and Follow Analytics
   measure social media influence and reach
T.V.
       BET (Focus)
       VH1
       MTV
         All contain current
         music & pop icons
T.V. Plan                       Total = $3,204,500.00


Daytime       Points Per Week    Cost Per Point         Total Cost




Primetime     5                  $25,300.00             $1,644,500.00




Late Fringe   6                  $20,000.00             $1,560,000.00
Out of Home
              Taxi Tops & King
              Size Bus Posters
                Proven effective in
                highly populated
                areas where public
                transportation is
                needed
                  Major U.S. cities
Out of Home Plan                Total OOH = $1,500,353.40



Type            Duration   Cost/Month         Total Cost (With
                                              added % 30
                                              inflation)



King Size Bus   3 Months   $264,706.00        $1,032,353.40
Posters




Taxi Tops       3 Months   $120,000.00        $468,000.00
Print
        Billboard
        Issued: Weekly
         Circulation: 1,801,000
        Audience:
          71% of respondents have
          taken one or more actions
          in response to an ad in
          Billboard magazine
          71% are between the ages
          of 25-54
Print
        Vibe
        Issued: Monthly
        Circulation: 817,825
        Audience:
          More than half are men
          Focuses on 18-24 with a
          median age of 28
          71% are African American
          50.7% are in some college
Print
 XXL Magazine
 Issued: Monthly
 Circulation: 1,100,000
 Audience:
   78% African American
   HHI 35-45k
   Median age of 29
    Majority are still in
   some college
Print Plan                                Total Print = $895,340.00


Magazine    Size           When            Cost/Page         Total Cost for 3
                                                             months


Billboard   Full Page, 4   Weekly, Q2+3    $11,590.00        $301,340.00
            Color, 2ti


Vibe        Full Page, 4   Monthly, Q2+3
            Color, 3ti
                                           $30,000.00        $270,000.00


XXL         Full Page, 4   Monthly, Q2+3   $36,000.00        $324,000.00
            Color, 3ti
Budget:                              Spent:
$10,000,000                          $9,999,993.40

                       Media Mix


                             Print
                              8%
              Online
               45%                   T.V.
                                     32%




                            OOH
                            15%
Flow Chart

                                                                                                                     Media Plan


                                January               February           March               April                   May                  June               July                   August               September           October               November           December                         Total Net
Media                  Target    1    2   3   4   5    1    2    3   4    1      2   3   4     1     2   3   4   5    1    2      3   4    1     2   3   4     1    2   3   4   5    1       2   3   4    1    2     3   4    1    2   3   4   5    1   2     3   4    1   2     3   4   TRPs   Ins.     Cost

                                                                                                                                  NATIO
                                                                                                                                   NAL

Magazines
                                                                                                                                                                                                                                                                                                          $895,340
OOH
                                                                                                                                                                                                                                                                                                        $1,500,353
T.V.
                                                                                                                                                                                                                                                                                                        $3,204,500
Interactive (Online)
                                                                                                                                                                                                                                                                                                        $4,399,800
Radio
                                                                                                                                                                                                                                                                                                                   $0




National                                                                                                                                                                                                                                                                                                $9,999,993
Sources
 MRI+
 SRDS
 EpscoHost
 Vibe.com
 XXL.com

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Hank Iving Media Plan

  • 3. Company Overview HankIving.com is an online music instrumental store Aspiring artists go to HankIving.com and shop for instrumentals that they would like to sing to or rap over. There is an MP3 player catalog that allows visitors to preview my instrumentals before buying. The PayPal button allows for a quick and easy purchase. I guarantee 24 hour instrumental deliver via e-mail. All instrumental leasing and exclusive rights information can be found at HankIving.com Website plays: 74,383 …
  • 4. Company Overview Established in January 2012 HankIving.com was originally “TommyConfar.com” which was established in 2010 Owned by Tommy Confar “Hank Iving” is a play on the word Thanksgiving (Drop the T, s, & first g) I give back some proceeds to various music sites Example - www.mimamusic.org/ I also give away free instrumentals Software & hardware used to make the instrumentals Native Instruments “Komplete 4” VST plugins Pro Tools Mini Box 2 Various Sound kits Rolland Juno G Synthesizer Fruity Loops Studio 10
  • 5. Direct Competition Soundclick producers Vybe Beatz Production credits: Chris Brown, Travis Porter.. SC Plays: 179.9 Million Superstar O Production credits: Waka Flocka, Tyga.. SC Plays: 56.3 Million Johnny Juliano Production credits: Kanye West, Wiz Khalifa.. SC Plays: 88.9 Million Tom Davids Production credits: Eighty4Fly, Twista.. SC Plays: 3.8 Million
  • 6. Indirect Competition Studio producers Jim Jonsin Production credits: Lil Wayne Dr. Dre Production credits: Eminem Kane Beatz Production credits: Lupe Fiasco Noah “40” Shebib Production credits: Drake Pharrall Production credits: Snoop Dogg Other online MP3 player sites Soundcloud Reverbnation Both of these sites are growing rapidly, but are not known for instrumental sales. They focus more on band/artist song plays and dj remixes.
  • 7. Target Audience Aspiring Hip Hop and R&B artists Men ages 14 to 32 Household Income 35K+ No children Education: high school/some college Active online
  • 8. Target Trends Age Aspiring artists are starting their careers at a younger age because they no longer need a recording studio to produce their own work. Anyone can buy a USB microphone and Pro Tools and record in their own home, on their own time. Recording at home saves artists significant money and allows them greater flexibility. Buying online instrumentals Websites like soundclick.com make it easier for aspiring artists to find instrumentals for their own music projects. Online instrumentals are inexpensive and offer a wider variety. Follows pop icons
  • 9. Target Hobbies/Interests Plays sports Connecting with friends and networking on blogs & social media sites Twitter Facebook Involved with the video game community
  • 10. Ways To Reach Target Out of Home (OOH) Public Transportation Interactive (Online) Social Media Facebook Twitter Music Blogs Datpiff.com illroots.com 2dopeboyz.com WorldStarHipHop.com T.V. Music BET,MTV & VH1 Magazines Music Billboard Vibe XXl
  • 11. Marketing Objectives Continue to educate the public & spread awareness about HankIving.com Reach five million website plays in one year
  • 12. Seasonality Print, T.V. and OOH June-August Summer time = School is out = More time to focus on things outside of education Interactive (Online) ads will be run year-long
  • 13. Geography This will be a national media plan, with a focus on all major U.S. cities. Public transportation ads will be important in the major cities
  • 14. Media Objectives Reach “Aspiring Hip-Hop and R&B artists” in the major city regions by using a specific mix of media.
  • 15. Strategy My media strategy targets online ads and with a secondary focus on T.V. ads. Magazine and Out of Home ads will be part of my strategy, but not as important in reaching my audience as T.V. and online ads. My target audience gets its media online and from T.V.
  • 16. Media Mix Interactive (Online): My target gets most of its media fix from online sites. They promote what they are doing and network heavily on Twitter & Facebook. The target is also constantly looking at up to date blog sites to see what is current and new in the music world. Pop icons have a big influence on my target audience. Television: My target audience is heavily influenced by new music trends and by pop icons. T.V. shows like BET’s 106 & Park is a great way to reach my target audience. OOH: Out of Home ads will play a role in my media plan because my target is on the younger side and located in major cities. This is due to a need for public transportation. Print: My targeted audience reads music-focused magazines with a focus on the Hip-Hop and R&B genres.
  • 17. Interactive Online Impressions $4,399,800.00 for 439,980,000 online impressions
  • 18. Interactive Ad space for the following online sites Twitter.com Facebook.com Datpiff.com 2DopeBoyz.com XXL.com Vibe.com Soundclick.com Illroots.com WorldStarHipHop.com These sites were chosen because of their fit with my target audience. My target audience frequents these sites. HankIving.com’s traffic will increase the most from online ads. These websites will be my front runners for ad space.
  • 19. Analytics Google Analytics: track website traffic gather customer information measure advertising ROI Click and Follow Analytics measure social media influence and reach
  • 20. T.V. BET (Focus) VH1 MTV All contain current music & pop icons
  • 21. T.V. Plan Total = $3,204,500.00 Daytime Points Per Week Cost Per Point Total Cost Primetime 5 $25,300.00 $1,644,500.00 Late Fringe 6 $20,000.00 $1,560,000.00
  • 22. Out of Home Taxi Tops & King Size Bus Posters Proven effective in highly populated areas where public transportation is needed Major U.S. cities
  • 23. Out of Home Plan Total OOH = $1,500,353.40 Type Duration Cost/Month Total Cost (With added % 30 inflation) King Size Bus 3 Months $264,706.00 $1,032,353.40 Posters Taxi Tops 3 Months $120,000.00 $468,000.00
  • 24. Print Billboard Issued: Weekly Circulation: 1,801,000 Audience: 71% of respondents have taken one or more actions in response to an ad in Billboard magazine 71% are between the ages of 25-54
  • 25. Print Vibe Issued: Monthly Circulation: 817,825 Audience: More than half are men Focuses on 18-24 with a median age of 28 71% are African American 50.7% are in some college
  • 26. Print XXL Magazine Issued: Monthly Circulation: 1,100,000 Audience: 78% African American HHI 35-45k Median age of 29 Majority are still in some college
  • 27. Print Plan Total Print = $895,340.00 Magazine Size When Cost/Page Total Cost for 3 months Billboard Full Page, 4 Weekly, Q2+3 $11,590.00 $301,340.00 Color, 2ti Vibe Full Page, 4 Monthly, Q2+3 Color, 3ti $30,000.00 $270,000.00 XXL Full Page, 4 Monthly, Q2+3 $36,000.00 $324,000.00 Color, 3ti
  • 28. Budget: Spent: $10,000,000 $9,999,993.40 Media Mix Print 8% Online 45% T.V. 32% OOH 15%
  • 29. Flow Chart Media Plan January February March April May June July August September October November December Total Net Media Target 1 2 3 4 5 1 2 3 4 1 2 3 4 1 2 3 4 5 1 2 3 4 1 2 3 4 1 2 3 4 5 1 2 3 4 1 2 3 4 1 2 3 4 5 1 2 3 4 1 2 3 4 TRPs Ins. Cost NATIO NAL Magazines $895,340 OOH $1,500,353 T.V. $3,204,500 Interactive (Online) $4,399,800 Radio $0 National $9,999,993
  • 30. Sources MRI+ SRDS EpscoHost Vibe.com XXL.com