Download as pdf or txt
Download as pdf or txt
You are on page 1of 26

The Entry Platform

Create Prize Draws, Giveaways and Competitions

001259102
001249011
001257504
DMRi 001249636
Data, Marketing, Results and Innovation
University of Greenwich
Marketing Management, MBA
Value Proposition The Entry Platform's ease, efficiency, and data-driven
insights make it a complete solution for brands and
3 marketing agencies. This value proposition is more
appealing and likely to resonate with potential
consumers by focusing on target audience pain points
and desired objectives.

"The Entry Platform, the all-in-one solution for companies and


marketing agencies, maximises marketing campaigns. Our
platform simplifies marketing campaign creation and execution,
2 saving time and improving campaign performance. The Entry
Platform is the smart choice for brands and marketing agencies
seeking business growth and marketing success with data-
driven insights, real-time performance tracking, and
customizable processes."

A persuasive value proposition should clearly


communicate the unique benefits that a product or
1 service offers to its target audience, and why they
should choose it over its competitors. In the case of
DMRi and The Entry Platform, the value proposition
could be refined as follows:
THE ENTRY PLATFORM
All-In-One Solution Ease of Use
Acts as one-stop solution It is a simple and easy to
to host prize draws, use platform which create
giveaways and an efficient software.
competition.

SERVICES

Maximises Marketing
Campaigns
Simplifies marketing Fully Customisable
campaign creation and Allows the customer to
execution, saving time and tailor the competition as
improving campaign per their needs completely.
performance.
SWOT ANALYSIS

S W O T
Strengths
DMRI has its strengths in running Weaknesses Opportunities Threats
many competitions to increase
customer growth for their clients. Modest advertising Emerging new Slower market growth.
Pioneer in providing new budget. technology Entry of low-cost
campaign ideas and providing Good data base for competitors.
Competitive market Change in government
excellent support. the clients
Best produict range for clients
increasing marketing regulations such as
Ways to expand
such as The Entry Platform, The budget. GDPR (general data
product line to protection regulation).
completion platform, The Data DMRI has a small
meet boarder More advertising attacts
platform (DMRi). team to handle
Technologically advance platform
range of customer more competitive
numerous clients. or client needs. efforts by challenger
for clients.
Helps to build sustainable data for
Good managerial brands.
marketing emails support
PESTLE ANALYSIS
PESTLE analysis of the Entry Platform highlights the external factors affecting its business, including political, economic, social,
technological, legal, and environmental aspects. Understanding these factors can help the platform to adapt and innovate to ensure
its long-term success.

01 02 03 04 05 06
POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL LEGAL ENVIROMENT
Political influence in DMRI helps many different DMRI's Prize sponsorship The intended results can be DMRI focuses on GDPR- DMRI serves a wide range
advertising has increased. types of business to grow with campaign includes a big achieved by finding the right compliant email marketing of clients, including those
Political parties have recently their product campaigns. And database of companies people and getting their initiatives (General Data in the fashion, travel,
used advertising to promote in case of DMRI changes in offering readers prizes. approval to communicate with Protection regulation). The media, and other
their views. Taxation and social economic conditions can have This is a simple way to create them at the right time. It's easy EU's GDPR encompasses all industries. With its efforts,
protection policies directly a significant impact such as, content and connect with with classic marketing user-generated personal data. DMRI assists these
Tax rates advertisers to give away methods, cutting-edge The GDPR regulates global
impact consumer spending in businesses' clients in
great prizes. basic but technology, and new ideas. As
each market, thus they must Unemployment data use. GDPR requires educating and informing
effective service. Their PR DMRi knows, marketing must
be watched (Clara Di Interest rates. organisations to thoughtfully the public about
platform helps them get be responsible, lawful, and
Russo,2022). DMRI is increasing Aggregate demand for the establish business plan to use environmental issues.
more publisher PR chances. focused.
with the market and adapting product data responsively and
They offer opportunities, but DMri's top three products are
to aspects such as stable
prudently (Hoofnagle,2019).
consumer trends, public the Entrance Platform,
democracy ASA (regulation on opinion, and pressure group Completion Platform, and Data
what and how to advertise) influence are all factors Platform (DMRI).
economics and taxation tariffs (DMRI).
BRAND ANALYSIS

Data Marketing Results and Innovation is a digital technological agency. Its


operations are business to business. It is not particularly a large size company.

The company is combining old fashioned marketing with cutting edge


technology and innovation then delivers it to the clients. There are three
products the company is currently offering to its customers

DMRI offers next-gen lead gen, competition software, data capture, prize
sponsorship, PR support, and campaign administration. DMRI competed in
the extremely competitive UK market as a low-cost, high-efficiency digital
firm.

The agency sells its products and services and gets good reviews from
customers. DMRI also organises contests and giveaways. Over the past
decade, it has held over 90,000 competitions.
MARKET ANALYSIS
MARKET ANALYSIS
DMRI is a digital technology agency firm. The digital technological agency industry is a rapidly growing sector. It has a wide range
of services that includes digital marketing, data analytics, e-commerce and development of web and mobile applications

KEY FINDING

It is a growing Industry and continue to grow


in the future

The number of devices is projected to rise


over 150 million in 2024

DMRI will be able to target new businesses and


gain market share as the market is expanding
rapidly

Therefore, whether a business is a start-up or established, all want to take the opportunity of the
Data, Marketing, Result & Innovation is a private limited company (GOV.UK,
growth and innovation. These digital agencies provide the services that they are looking for to
2022,The industry is prospective to grow more rapidly in the future as well.
the businesses. DMRI is not one of the leading digital technology agencies in the United
Internet users in the United Kingdom are rising and also the connected devices
Kingdom. It faces severe competition within the industry. Despite the competition DMRI
to the internet. Through the internet connected devices agencies collect and
successfully competed with other agencies through their product and services. The positive fact
analyze data or share data among other agencies. The number of devices is
is the shift in the consumer behavior and sale of digital products will result in more industry
projected to rise over 150 million in 2024 (GOV.UK, 2022). As the demand for
expansion.It is estimated that in 2026 the revenue of the digital industry could reach 33bn
the digital service will increase, so many new digital agencies are emerging
pounds according to PwC (PWC, 2022). DMRI will be able to target new businesses and gain
and established digital marketing agencies expanding their services to meet
market share as the market is expanding rapidly
the evolving market and trying to cover the market needs. Thus, it has become
a very competitive industry in the UK
CUSTOMER ANALYSIS
Businesses seek to keep up with new innovation to attract customers early. Internet usage will
expand, offering companies more clients to target, according to study. All companies need digital
agencies for competition or other resources like SEO optimizers and automation technology.

B2B model SMART Plan Technology


DMRI utilizes a B2B model by promoting They want a fully-fledged Companies want to keep up with emerging
the brands, reducing the cost per click, technology so they can leverage them to
SMART marketing plan for
CPO marketing, campaign management gain new customers early. According to
their business with the help
and more. Start-ups and established research, internet usage will rise, giving
of expert insights in the
businesses in the UK use the advantages digital agency corporations additional customers to target.
of data and digital agencies to boost their So, all organisations need digital agencies
for competition or other resources like SEO
businesses.
optimizers and automation technologies.
CUSTOMER JOURNEY
STAGES

AWARENESS CONSIDERATION ACQUISITION SERVICE LOYALTY

STEPS

Sees #GrowBig Landing page, webinar Attends webinars, reads e-books, Creates first Instagram
campaign signup, reads emails and browses app add-ons Stories Ad

Interacts with Recommends app, writes Implements Stories Ads Uses app add-on and
Stories poll reviews, applies for success story into marketing plan voucher credit

TOUCH POINTS

Social media ads Webinar registration Webinars Follow-up email Thank you emails
Inital email Second email App add-on Chat options Reviews & Survey
IF webite content Landing page #GrowBig eBook Voucher incentive Blog content, App
Instagram Story Poll App discovery Aquires voucher notifications
SEO search Social media posts
Personal information
Customer Persona

Personality Traits Results-Driven, Detail-Oriented, Customer-


Focused, Proactive

Ellie, 27 Pain Points and Challenge.: Balancing brand image with market,
demands, difficulty in measuring brand impact, need for cost-effective
solutions
Job Brand Manager
Buying Habits: Thorough research, comparison shopping, considers
Gender Female cost-effectiveness

Income $100,000-$200,000 Customer Journey: Awareness, Interest, Desire, Action


Product usage: Regular usage, looking for innovative solutions to improve
Education Level brand management
Masters Degree
Channel Preferences: Online research, industry events, referrals
Values Brand image
Market Dominance Why they would be interested: Why they would be interested: The
Customer Satisfaction Junior brand manager is looking to grow in their career and make an
impact in the market. They are interested in tools that can help them
interests Marketing & Advertising measure brand impact and make cost-effective solutions. They are also
Brand Management looking to improve their brand
Business Strategy management skills and stay ahead in the market.

.
Personal Information
Customer Persona

Personality Traits Ambitious, results-driven, customer-


focused, proactive

Mike , 32 Pain Points and Challenges: Limited experience and resources,


difficulty in measuring brand impact, need for cost-effective
Job Junior Brand Manager solutions
Buying habits: Thorough research, considers cost-effectiveness
Gender Male
Customer Journey: Awareness, Interest, Desire, Action
Income $75,000-$150,000
Product Usage: Regular usage, looking to improve brand
Education Level management skills
Bachelor's degree
Channel Preferences: Online research, referrals
Values Career Growth
Market Dominance Why they would be interested: The brand manager is focused on
Customer Satisfaction maintaining and improving the brand image while satisfying customer
demands. They are interested in tools that can help them measure
interests Marketing & Advertising brand impact and make cost-effective solutions to improve their
Brand Management brand management. They are constantly looking for innovative
Technology solutions to stay ahead in the market.
Personal information
Customer Persona

Personality Traits Analytical, innovative, results-oriented

Abdullah , 45 Pain Points and Challenges: Difficulty in measuring marketing


efforts, need for creative solutions, need to stay ahead of the
Job Senior Marketing Strategist competition

Buying Habits: Thorough research, seeks innovative solutions,


Gender Male
considers cost-effectiveness
Income $150,000-$300,000
Customer Journey: Awareness, Interest, Desire, Action

Education Level Master's degree Product Usage: Regular usage, looking for innovative solutions

Values Creativity, Channel Preferences: Online research, industry events, referrals


Data-driven solutions
Client success Sarah would be interested in the product because she is always
looking for data-driven and creative solutions to help her clients
interests succeed. She is always seeking innovative marketing tools that can
Marketing Trends help her measure marketing efforts effectively and stay ahead of the
Data Analysis competition. She is likely to be drawn to the product's ability to
Advertising provide data-driven insights and personalized messaging, which can
lead to higher conversion rates
COMPETITOR ANALYSIS
MARKET ANALYSIS

51% 18% 15% 5% 11%


Google Analytics LOCALiQ R17 Reload digital Velocity

The digital agency industry in the UK Most agencies that already exist The competition is so severe in this industry that
is getting more competitive. New offer the same services that DMRI is small differences in the services will not result in
digital firms in the industry are offering. They have a large client agencies' advantages. DMRI’s only value proposition
making it more competitive. base and more resources. is low price with efficient result.
MARKETING STRATEGY

Launch a referral program to


Blog posts (1 per week) - £6,240
encourage existing users to refer
Social media posts (3 per week)
Content Marketing Referral Program new customers - £10,000 per
£7,800 £15,240 £10,000 year or £20,000 over 2 years
Email newsletters (1 per month)
Total Cost: £60,000 over 2 years
£1,200

£30,480 over 2 years


Attend 2 relevant conferences or
Identify and reach out to 3 Influencer Public Relations events per year - £7,500 per year
Marketing £5,000 £7,500
influencers to promote our or £15,000 over 2 years

product

£5,000 per year or £10,000 Based on our projected signups and


over 2 years conversion rates, we estimate that the

Paid Advertising ROI Projections revenue from paid subscriptions will be


Social media ads - £18,000 £18000 £750,000 £750,000 in the first year and £1.5
per year or £36,000 over 2
million in the second year. With a

years marketing budget of £100,000 over 2


years, we anticipate a return on
investment of 650%.
Month 1-3
Market research: €10,000
Website development and design: €8,000
Content creation and copywriting: €3,000
Email marketing and automation setup: €4,000

Month 4-6
FINANCIAL Search Engine Optimization (SEO): €5,000
Social media advertising: €6,000

GOALS Content marketing and guest posting: €4,000


Influencer outreach: €3,000

MARKETING BUDGET
Month 7-9
Trade shows and events: €8,000
Email marketing and automation: €3,000
Lead generation and nurturing: €5,000
Referral marketing and customer advocacy program
: €3,000
INCOME STATEMENT
MARKET ANALYSIS CASH FLOWANALYSIS
MARKET STATEMENT

Revenue Year 1 Year 2 Revenue Year 1 Year 2

Marketing £100,000 £100,000


Cash Inflow £1,845,000 £3,285,000
Salaries & Wages £800,000 £1,200,000

Rent & Utilities £150,000 £150,000


Cash Outflow (£1,250,000) (£1,650,000)
IT & Software £100,000 £100,000

Maintenance & Support £60,000 £60,000


Net Cash Flow £595,000 £1,635,000

Other Expenses £40,000 £40,000

Total Expenses £1,250,000 £1,650,000


EXPENSE STATEMENT
MARKET ANALYSIS

Expenses Year 1 Year 2

Marketing £100,000 £100,000

Salaries & Wages £800,000 £1,200,000

Rent & Utilities £150,000 £150,000

IT & Software £100,000 £100,000

Maintenance & Support £60,000 £60,000

Other Expenses £40,000 £40,000

Total Expenses £1,250,000 £1,650,000


DATA STRATEGY PLAN

Launch Campaign 1 2-6 Lead Generation


* Use targeted advertising and email marketing to generate leads
* Begin a marketing campaign aimed at prospective consumers
and convert them to customers.
interested in project management software. Social media advertising,
* Leverage targeted advertising and email marketing to generate
email marketing, and content marketing will all be part of the
leads and convert them to customers.
campaign.
* Begin retargeting marketing to nurture leads and boost
* Create Google AdWords campaigns with specific keywords to
conversion rates.
generate visitors to the website.
* Attend industry-related events to generate leads and promote The
Entry Platform.

Awareness Building 7-9 10-12


Conversion
Use social media marketing, content marketing, and email
* Use targeted advertising, email marketing, and personalised
marketing to raise awareness of The Entry Platform.
outreach to convert leads to customers. Use testimonials and
* Use blog posting and influencer marketing to boost visibility
client success stories to develop credibility and social evidence.
and traffic to your website.
Provide promos and offers to get new clients to sign up.
* Attend industry events to network with possible clients and
generate leads.
TARGET
MARKETOBJECTIVES
ANALYSIS Metric Target Actual

Number of
2,500 -
signups

Conversion
5% -
To achieve the objectives, it is important to have a rate
data strategy and measurement plan in place. This
involves collecting and analyzing data to measure Retention
80% -
the performance of the marketing activities and rate
make informed decisions for the future. A sample
template of projections based on the figures is as Upsell rate 15% -
follows:
Customer

Acquisition £40
-
Cost

Monthly
£64,625
recurring -

revenue
MEASUREMENT PLAN

MONTH 1 MONTH 2 MONTH 3


Signups- 100 Signups - 150 Signups- 200
Conversion Rate - 4% Conversion Rate- 5% Conversion Rate - 6%
Retention Rate- 60% Retention Rate- 65% Retention Rate-70%
Upsells- 5 Upsells - 6 Upsells- 7

MONTH 4 MONTH 5 MONTH 6


Signups- 250 Signups- 300 Signups- 350
Conversion Rate- 7% Conversion Rate- 8% Conversion Rate- 9%
Retention Rate- 75% Retention Rate- 80% Retention Rate-80%
Upsells- 8 Upsells - 9 Upsells - 10

MONTH 7 MONTH 8 MONTH 9


Signups- 400 Signups - 450 Signups- 500
Conversion Rate- 10% Conversion Rate- 11% Conversion Rate- 12%
Retention Rate- 80% Retention Rate- 80% Retention Rate-80%
Upsells - 11 Upsells - 12 Upsells - 13
MEASUREMENT PLAN
MONTH 10 MONTH 11 MONTH 12
Signups -550 Signups -600 Signups- 650
Conversion Rate - 13% Conversion Rate- 14% Conversion Rate- 15%
Retention Rate- 60% Retention Rate- 65% Retention Rate-70%
Upsells-14 Upsells - 15 Upsells-16

MONTH 13 MONTH 14 MONTH 15


Signups-700 Signups-750 Signups -800
Conversion Rate- 16% Conversion Rate- 17% Conversion Rate- 18%
Retention Rate- 75% Retention Rate- 80% Retention Rate-80%
Upsells-17 Upsells -18 Upsells -19

MONTH 16 MONTH 17 MONTH 18


Signups-850 Signups -900 Signups- 950
Conversion Rate- 19% Conversion Rate- 20% Conversion Rate- 20%
Retention Rate- 80% Retention Rate- 80% Retention Rate-80%
Upsells - 20 Upsells -21 Upsells -22
MEASUREMENT PLAN

MONTH 19 MONTH 20 MONTH 21


Signups -1000 Signups -1050 Signups-1100
Conversion Rate- 20% Conversion Rate- 20% Conversion Rate- 20%
Retention Rate- 80% Retention Rate-80% Retention Rate-80%
Upsells- 23 Upsells -24 Upsells -25

MONTH 22 MONTH 23 MONTH 24


Signups-1150 Signups-1200 Signups - 1250
Conversion Rate- 20% Conversion Rate- 20% Conversion Rate- 20%
Retention Rate- 80% Retention Rate- 80% Retention Rate-80%
Upsells- 26 Upsells -27 Upsells -28
CUSTOMER LIFETIME VALUE


Year 1 Year 2

Customers 1,000.00 800.00

Retention 80% 85%

Average Sales per Year £1,000 £1,000

Total Sales £10,00,000 £8,00,000

Net Profit (20%) £2,00,000 £1,60,000

Discount Rate 100.00% 90%

NPV Contribution £2,00,000 £1,44,000

Cumulative NPV £2,00,000 £3,44,000

LTV at NPV £200.00 £344.00


Conclusion

DMRi offers a choice of quick and simple to use templates to help businesses
expand. It offers excellent designs for both desktop and mobile devices, safe data
storage, and impartial winner selection. This website's marketing strategy
explains how it will be promoted to all businesses and see growth over the next
two years. The aims will be accomplished with the aid of the budget and channel
strategies.
The Entry
Home About Services Projects Contact
Platform

CONTACT US
0114 2815760

https://www.dmri.co.uk

THANK YOU
References
GOV.UK, 2022. Gov.UK. [Online]
foundationinc.co. (2019). How To Use Instagram For B2B Marketing In 2020. [online] Available
Available at: https://www.gov.uk/government/publications/trend-deck-2021-technology/trend-
at: https://foundationinc.co/lab/instagram-for-b2b/.
deck-2021-
technology#:~:text=Growth%20in%20Digital%20Identities%20to%20Streamline%20Services%
www.ironpaper.com. (n.d.). Do Webinars Work for B2B? [online] Available at:
20and%20Combat%20Fraud%20in%20The%20UK
https://www.ironpaper.com/webintel/do-webinars-work-for-b2b [Accessed 23 Feb. 2023].
[Accessed 12 February 2023].

GOV.UK, 2022. GOV.UK. [Online]


www.molestreet.com. (n.d.). 4 Reasons Why Blogging is Important For B2B. [online] Available at:
Available at: https://find-and-update.company-information.service.gov.uk/company/07745053
https://www.molestreet.com/blog/4-reasons-blogging-important-b2b.
[Accessed 12 February 2023].

PWC, 2022. PWC. [Online]


Available at: https://www.pwc.co.uk/industries/technology-media-and-
telecommunications/insights/entertainment-media-outlook.html
[Accessed 12 February 2023].

Clara Di RussoJunior Content Marketer at Visionary MarketingGlobal


Management student at Arizona State University with a minor in French -- intern
at Visionary Marketing et al. (2022) PESTLE model definition by. Available
at: https://visionarymarketing.com/en/glossary/pestle-model/.

External Factors Affecting Business (no date). Available at:


https://www.studysmarter.co.uk/explanations/business-studies/influences-on-
business/external-factors-affecting-business/.
Data, Marketing, Results & Innovation | DMRi | Grow your B2C database (no date).
Available at: https://www.dmri.co.uk/.

Hoofnagle, C.J., Van Der Sloot, B. and Borgesius, F.Z., 2019. The European Union general
data protection regulation: what it is and what it means. Information & Communications
Technology Law, 28(1), pp.65-98.

You might also like