Brooke Allocates $7 Million for Branding/Advertising in 2007
Brooke expects more than a 1,000 franchise locations by the
end of 2007 resulting in an ever increasing
footprint of the
Brooke brand.
As the Brooke
footprint grows,
the need to coordinate
local advertising into a unified national message also
grows.
Brooke has historically re-invested the
profit sharing, overrides,
contingency and marketing agreement payments it receives in
the promotion of the Brooke franchise brand. This branding
investment, coordinated by the advertising center, consists of
local advertising reimbursements, discounts on logo supplies
and advertising professional expenses. Brooke expects to spend
approximately $7 million on brand promotion in 2007, which is
significantly more than it expects to receive in profit sharing
and other such payments for the year.
Brooke recently opened a new advertising center to coordinate
local advertising, administer the expected $7 million advertising
allocation and develop more effective advertising methods.
The work of Brooke’s advertising center professionals will help
create a nationally recognized brand that makes Brooke franchises
more valuable.
Each region is allocated a portion of the total 2007 advertising
allocations for investment in local and area advertising campaigns. Local advertising campaigns are oriented to promote
individual franchisees as contrasted to area advertising campaigns,
which are oriented toward promoting designated marketing
areas, or DMAs, where groups of franchisees are located.
Regional managers are responsible for dividing their
regional advertising allocations among individual franchisees or
groups of franchisees. The advertising center is responsible for
administering and monitoring the spending of those allocations.
To help maximize returns on advertising investments, the advertising
center uses advertising agencies, media groups, vendors
and other professional resources. Brooke’s advertising
center professionals also conduct research and analyze findings
from information gathered through prospect sourcing by franchisees,
feedback from vendors and other third-party reports.
In addition to regional advertising allocations, significant resources
and dollars are allocated to lead generation activities
via major search engines and promotion of the 866-77-AGENT
call transfer line, activities anticipated to provide franchisees
with real and measurable end results to help increase the value
of each Brooke franchise.