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5.0. EDSR 07-10-2000
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5.0. EDSR 07-10-2000
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City Government
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7/10/2000
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•ID° <br /> III. Marketing Strategy <br /> This fall (September, October, November) staff will begin <br /> researching the target sectors —industrial machinery, fabricated <br /> metal and electronics —in preparation for next year's advertising <br /> campaign. In November we will begin planning our advertising <br /> campaign, most likely with the assistance of Greta Wedell, our <br /> advertising consultant. Staff will also be researching and <br /> compiling further information on state and regional resources <br /> available to businesses. <br /> IV. Key Account and Lead Generation Strategy <br /> Key account and lead generation is a key component to the <br /> marketing plan. In October, staff will identify ten key accounts to <br /> which promotional material will be sent and contact made. These <br /> accounts will be comprised of brokers, builders, developers, and <br /> financial professionals who will be contacted and updated on a <br /> semi-annual basis. <br /> V. Pricing Strategy <br /> All documents relating to TIF, TRF, Micro Loans, etc...will be <br /> reformatted in August to ensure a consistent "look" among all <br /> EDA documents. <br /> VI. Communications, Promotion, &Advertising Strategy <br /> Several steps need to take place prior to launching a concerted <br /> promotional campaign. First, the core tag line "The light <br /> industrial hub in the northwest metro" will be incorporated into <br /> all economic development material. This will occur over the next <br /> six months as the EDA website is finished, documents are <br /> reformatted, and letterhead is redesigned. Secondly, in <br /> November, a series of ads will be developed focusing on our target <br /> markets. <br /> Thirdly, starting in September, staff will begin identifying co- <br /> sponsors to help cover the costs of its advertising campaign, which <br /> will begin in January 2001. Finally, in October, staff will take <br /> advantage of the State's Manufacturer's Week to highlight local <br /> industrial firms. <br />
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