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Funding Our Efforts
Summary
The Guild can
generate the revenues necessary to support our goals through
tapping financial and human resources directly benefiting
from our organization's existence. We will create the benefits
necessary to attract those resources by selling branded
merchandise to help members simultaneously promote the
Guild and their enterprises. We will offer customized training
programs to educate our members who perform as well as
those who are providing KJ services. We will collaborate
with other complementing organizations in their training
exhibit marketing efforts, publishing and selling works
directly a result of our efforts, and more.
Tactics
We
will take the following tactics in supporting our marketing
strategy to accomplish our overall goals:
- Event
Production and Sponsorship
We will produce events focused on expanding exposure
not only for sponsors as well as Guild members. Events include
karaoke revues spotlighting Guild members, contests, rallies,
exclusive parties, and other special events.
- CD Publishing
and Distribution
We
can help new artists be discovered by producing specialty
CDs of AKG artist members. Our goal is to produce at least
one CD with no less than 10 and more than 20 songs per
year. We will cover production costs by charging fees associated
with promotion of the CD publishing project.
- Incentive
Marketing
To build a memorable brand, we must make sure the Guild
logo is in the "public
eye" as frequently as possible. We will produce official Guild merchandise
to be purchased by members and consumers at large as an expression of their
support for the industry. The following products are under development or are
available for ordering now:
- Polo
and T-Shirts bearing the American Karaoke Guild logo.
In particular, members should be encouraged to wear
official gear when representing the Guild at presentations
or public events.
- Lanyards
labeled with the American Karaoke Guild web site address.
Garnering positive media attention is critical to building
our brand. We will encourage members and media representatives
to use Guild labeled lanyards to complement their
ID badges.
- Coffee
mugs displaying the Karaoke Guild and sponsoring member's
logo. These mugs are to be distributed at cooperative
clubs and restaurants within member communities.
Cooperative
Advertising
Most
small businesses have minimal budgets, if any, for advertising.
By pooling commercial Guild member advertising dollars,
we can advertise as a group under
the Karaoke Guild logo.
Fortunately,
URL links are the most important part of visual advertising
alternatives. Members will be encouraged to publish reciprocal
links through Karaoke Guild banner ads and buttons in sizes
recommended by the Internet Advertising Bureau. (To avoid
confusing members in determining value for reciprocal ad
placements, we will use these sizes exclusively). We will
also encourage members to register any banner ad opportunities
on their Web properties with the Guild so that cooperative
advertising and linking arrangements might be negotiated.
Content
Sponsorship
By featuring pertinent Web content produced by other publishers offering services
to our members, we can earn residual income each time a member purchases from
one of those publishers. We will actively seek content sponsorship relationships.
Affiliate
Program Participation
While affiliate programs featured online have had mixed success, there are
some worth our attention and commitment. We are reviewing several and have
signed on to participate in a few already.
You will see
their ads throughout our web site.
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