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Situation
Cinergy CORP (NYSE:CIN) has several affiliate divisions that are retail/service
entities outside the scope of utility production and sale. In 2004,
three of those affiliates: Vestar, Inc., Cinergy Solutions, Inc. and
Cinergy Special Projects, were placed under one name, “Cinergy
Solutions,” with three divisions: Supply (Old Cinergy Solutions – supplying
energy cogeneration solutions to business and industry), Demand (Vestar,
Inc. – controlling energy use and reducing energy costs), and
Utility Services (Special Projects). All of the corporation’s
existing customer base projects would operate in the same manner, but
under the new name.
Problem
Cinergy Solutions developed a re-branding campaign to correct any marketplace
confusion regarding the old use of “Cinergy Solutions” with the
new, and to introduce this new entity and showcase the extended service offerings
that it makes possible. Besides redesigning marketing materials, communicating
the change to all customers, developing a new web site and expending some effort
on public relations placement, the division saw a need for strengthening sales
tools by uniting the three sales forces, educating them on the new services and
preparing a video element that would include customer testimonials. |
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The video element needed to sell
Cinergy Solutions as a total services package. It was quite complex in
that it needed to involve projects on
which all three entities had worked as well as market segment examples
that were indicative of the work performed by each of the three entities
prior to the reorganization. It was important that it:
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• be packaged to match the new marketing materials; |
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• be reproducible in small batches to streamline changes
in content as
needed; |
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• incorporate footage and project videos from a previous
Vestar, Inc. CD-ROM
to
cut costs; and |
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• be produced at a cost under the industry standard budget. |
Solution
After Cinergy Solutions identified its target market segments and selected
favorable projects, MillerWhite, LLC, utilizing its in-house audio/video
studio, produced 11 video segments, seven to 10 minutes in length,
highlighting solutions that had been completed with success within those
target markets.
The scope of the project necessitated producing it in DVD format.
The
video utilized testimonial and location footage of the solutions, customers
and project managers to illustrate what Cinergy Solutions is
now capable
of offering to its prospective customers. Care had to be taken not
to mention the former entities, and footage had to be shot as if Cinergy
Solutions
had been the name brand long before each project was conceived. (For
example, a Vestar project or a Special Projects project had to be
identified in
the video as a Cinergy Solutions project.)
Results
The Interactive Media DVD has solved a host of needs Cinergy Solutions
had identified in introducing its new corporate branding. Its cost-saving,
value-oriented message has been shown to appeal to decision makers.
It highlights women and minority spokespersons to achieve broader
appeal
in a male dominated industry and also illustrates a message of environmental
responsibility associated with energy-saving projects. With one tool,
every
salesperson and service representative cannot only cross-sell from
added service lines, but can introduce new capabilities to current
and prospective
clients with tangible, visual examples, revealed through testimony
by current clients. The video segments also give salespeople and
marketing
personnel
an acre of common ground to stand on in their approach to training,
product development and customer service. An instant history, present
and future
vision is easily communicable to internal and external audiences.
Chip
O’Donnell, Vice President Market Development for Cinergy, said,“I
think [the Cinergy Solutions DVD] is a nicely produced overview of
our capabilities, and looks professional. The DVD is easy to navigate,
and
is well organized. This product will be the differentiator for us
in several market audiences.”
To discuss a DVD solution for
your company’s sales, public
relations, product-release, image or training needs, be sure to contact
MillerWhite,
LLC.
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