Letraset
Objectives:

To find and promote new
markets for their products
in a diminishing realm.

Letraset
Solution:

Already committed to Trade Exhibitions we publicised these to the public as well as trade not only to demonstrate the flexibility and unique quality of the product but also to push visitors online, building a 'craft' client base through incentive offers to join by providing an email address via postcards from the stand. The aim was to create an online 'social' community of crafters helping and linking with each other: sharing projects, tips and ideas with the incentivised product deals offering much higher returns than retailer margins.

Letraset
Solution provides:

A 'fan' based virtual community
of evangelists driving peer to
peer sales generation and

promotion at minimum cost,
perhaps a fore runner to the

influencers we see everywhere
today. Reducing the range of
products they sell should cut
costs and selling direct would
increased margins.

Letraset

A stalwart of many a 60's childhood and the backbone of the 60's, 70's and 80's advertising and design industries Letraset were seeing their conventional markets waining with the switch to desktop publishing and digital technology. Having completed a MBO they asked me to help.

Still reliant at the time on selling through retailers our immediate suggestion was to switch to direct selling turning 'profit margins' to 'online profit'. The next stage was looking at where their sales were strongest, even if this meant moving away from their traditional core business. I could see they'd found a foothold in the craft industry and although Facebook didn't exist (well not until later in the year) we had the insight to recommend the creation of virtual social networks (in their case to get the users themselves to promote and sell products), a forerunner of what was to follow. 

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solutions to business issues.

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