As part of a project for my advertising and promotion class, with the help of a team, I am going to be developing an integrated marketing communications plan for a business. After meeting with my team and figuring out each others interests and industry expertise, we have narrowed it down to two innovative companies, both of which have great products/services in promising industries. So, with the entire advertising and marketing industry experiencing a paradigm shift and more over, being in a state of constant flux, we wanted to think big, and help take marketing in the chosen business to levels never seen before (laughing). So, sticking to this spirit, the first company we are considering is California-based TransOrbital, Inc., a company who's business is literally out of this world. That's right, TransOrbital is aiming to launch the first for profit commercial mission to the moon sometime this Spring. They seem confident their Trailblazer spacecraft will turn a profit. Thousands of people have paid to have messages, business cards, art, ashes of loved ones etc. sent to the moon on the Trailblazer probe. If successful, the spacecraft will orbit the moon for a few months, all the while sending back potentially salable high quality photos and HD video that might be sold and/or used for advertising to generate revenue. In addition, data will be collected to create a new, high-resolution map of the moon. In its finale, the probe will slam into the lunar surface, disintegrating upon impact, but leaving personal effects remained intact inside a protective capsule that will tunnel into the lunar surface. It's easy to see how there's a lot of business to business marketing potential for this company. Some corporate sponsorships and advertising, including a notable partnership with HP are in the works as TransOrbital will be looking to offset the $15 million in mission costs. It's also important to note that in the age of corporate responsibility and sustainability, via environmental, social, and ethical, there have been many concerns raised surrounding the commercialization of space as it's beginning to look like it could turn into a modern day gold rush.
The second company we are considering is SlingMedia. Sling Media's revolutionary Sling Box is an exceptional product that can be best described as a media distribution tool. The device lets you watch your television, DVD player, Tivo or other remote controllable video output device from across the internet. The Slingbox has a broadband Internet connection allowing viewer's to watch a live TV stream across the internet to anywhere in the world. How Stuff Works did a great piece on the SlingBox if your interested in learning more about the technology. More recently, the company
has apparently been speaking to Apple about its ambition to stream iTunes music and video to the
upcoming iPhone. While it's unclear if Apple will allow SlingMedia to do this, the companies CEO Blake Krikorian has been adament that he would love making the SlingBox compatible with the Apple TV. And just a few weeks ago, CNET News.com confirmed that the company is indeed working on making the Slingbox compatible with Apple TV. The potential to enable iTunes users to access their music libraries and stream Apple TV content to mobile devices is mouth watering to say the least. Different verisons of the SlingBox are currently available from $179.99 to $249.99. In my opinion, one of the bigger trends we will
see over the next 5 years is the transformation of traditional television and broadcast methods as we know them today. From a historical perspective, we've seen the internet evolve, watching the digitization of content into a connected world. The first step was print media, news in all forms left their physical medums as the "information age" took off.
Then we saw the melt down in the music industry’s barriers of entry in recording equipment, brick-and-mortar distribution methods and broadcast as the sole medium.
This inturn, is slowly leading to the death of the music industry’s hit making machine as audio has moved towards the web. The final forseeable step in the equation is video. Now, even though the integration of video online is already prevalent (just look at the success of youtube), everyone is still waiting on
premium cable programming to switch over, changing its delivery method via the internet's multifacted mediums. So, what makes the SlingBox so great is that it represents a solution to a problem that consumers have been dealing with for years. The ultimate reality is that, at the end of the day, content wants to be free, not necessarily in monetary terms, but free in its ability to move, free in how it's distributed, free in how it's consumed. In today's world, with all the connectivity, there's no reason why television should be confined to the living room. Lifestyles are such that we should be able to watch video in a what we want, when we want, where we want, on demand fashion.
Both TranOrbital and SlingMedia are companies with a lot of potential. It will be a challenge to develop a plan for one of these companies and I'm looking forward to thinking outside the box, integrating new and unconventional marketing methods.