With the Superbowl quickly approaching, commercials and viral marketing are buzz words in every marketing classroom, newsroom, and boardroom. Remember this commercial from last year?
Last year, Goldieblox became a nationally recognized brand. Just two years before, in 2012, Goldieblox was searching for funds on Kickstarter to produce its first batch of girl-empowering engineering toys. How did the Goldieblox gain notoriety so quickly? A study of the company provides a few key lessons for product and brand managers interested in the toy market:
1. Be authentic. Goldieblox has a mission - to increase the number of females in STEM fields. Because Goldieblox stands for something larger than sales revenue, it is company which parents, especially millennial moms, are happy to support.
2. Use video marketing. To accomplish her goal, Debbie Sterling, CEO and founder of Goldieblox, had to attract attention. The following ad accompanied Sterling's Kickstarter campaign. Videos are affordable for you and enjoyable for your audience.
3. The combination of authenticity and video - Be shareable. Social networking is the reason for Goldieblox's rise to fame. Kickstarter users genuinely enjoyed watching the initial video, so they shared it with their friends, who shared it with their friends. After 111.5 million viewers tuned into the Superbowl, a Goldieblox video ad circulated through news feeds across social platforms once again. With a unique company mission and excellent video marketing strategy, Goldieblox captured America's attention.