Franchise Update Magazine Issue IV, 2013 | Page 28

Grow Market Lead How do you manage costs and budgets for the marketing department? We establish our market- ing budget in September for the next calendar year. This process involves establishing line-by-line budgets for each of the initiatives and programs to support the promotional calendar. The budget is reviewed and reconciled on a monthly basis and adjusted for variations in revenue. We also keep a portion of the budget in a contingency bucket to capitalize on unforeseen opportunities or address unplanned issues. We’ve been scrappy, and thankfully the positioning of the brand has been a nice fit with social media. media. We’ve been scrappy, and thankfully the positioning of the brand has been a nice fit with social media. We are now dipping our toes in the water with national cable advertising, but the most effective campaigns are those that will continue to leverage all facets of the media mix and are inherently sharable and organic. vendor partners we do business with. Do you see vendors as business partners? Why/why not? Abso- How have marketing strategies/ tools changed over the past decade? How have you adapted? lutely. We have to. We need vendor partners who understand our current scale, and that also see our industryleading growth trajectory. That way, when we grow, they grow. It took us 13 years to get to 500 restaurants. We are on track to get to 1,000 in only 4 more. That’s attractive for a lot of the Social and digital media are the two biggest areas of change we have used and benefited from. Because Moe’s is only 13 years old, we have just recently grown our national budget to a place where we can scale traditional national media. Everything we have done to this point has been through PR and social How is your marketing/branding strategy developed, and how does it flow through the system? Our brand strategy is developed collaboratively with several members of the Moe’s executive leadership team and franchise advisory council. We used an outside facilitator to help us shepherd this process. Once the strategy is developed, we follow a thorough communication plan to both the internal organization and the franchise partner system. Some of the most effective communication channels have been regi ۘ[