This paper presents a marketing plan for Eastman Kodak Company aimed at increasing brand penetration among the college student population. It examines Kodak's existing student-facing initiatives, outlines a multi-channel direct marketing strategy tailored to the 18β24 age demographic, and provides an implementation timeline with cost estimates. The plan incorporates one-to-one marketing, alternative indoor and outdoor advertising, campus tabling, flier distribution, and relationship-building with student governments and campus organizations. A SWOT analysis identifies Kodak's financial strength alongside the reputational risks of being perceived as a large corporate entity, and notes Fuji Film as the primary competitive threat.
Eastman Kodak Company (hereafter referred to as Kodak) has not yet achieved maximum penetration of the college student market. In terms of current initiatives, Kodak sponsors the Student Filmmaker Program, which provides project grants, educational allowance programs, scholarships, and support services. Kodak's Cannes Program offers students an opportunity to extend their engagement with the Cannes International Film Festival. While these initiatives have increased Kodak's exposure among students with an interest in cinematography, they have done less to introduce the brand to the broader student population.
Consideration of the unique characteristics of the college marketplace will be essential to the success of this marketing plan. Specifically, the age demographic β almost exclusively 18β24 years of age β is an important factor, as is the significant spending power this demographic represents.
The overarching goal of this marketing plan is to expose the campus student population to Kodak's photography products and services. To that end, this plan employs a variety of direct marketing techniques β including direct promotions and one-to-one marketing β in order to reach this unique marketplace effectively.
The marketing strategy outlined here addresses the unique characteristics of the student population. Importantly, the student marketplace generally responds poorly to traditional marketing campaigns involving mainstream television, radio, print, and direct mail. In view of these considerations, this strategy incorporates a number of alternative techniques, including one-to-one marketing, alternative indoor and outdoor advertising, direct promotions, and campus tabling. Distributing fliers, posting information sheets, and advertising in college newspapers will also be utilized.
In addition, this marketing campaign will seek to build relationships with campus organizations and student governments in order to raise awareness of Kodak across the campus environment. Engaging these groups early is considered critical to establishing authentic brand presence among students who tend to be skeptical of conventional corporate advertising approaches.
"Timeline, activities, and per-school cost estimates"
"Kodak's strengths, weaknesses, and competitive threats"
"Oversight and effectiveness measurement approach"
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