Loren Burton’s 2009 business plan — 100% Social Media: • sell his indie T-shirts through T-shirt blogs and other forms of social networking
• sell only online
• online self-promotion
Pros: Sold all over the world, featured on several sites and local TV, minimal cash outlay Cons: Time consuming (especially during college finals), most sales are for single orders
His 2010 business plan — integrate traditional marketing and beef up social media: • direct mail campaign (80% of his marketing budget)
• revamp and diversify line
• re-launch website
• re-launch branding
• Tweet on a regular basis
• Facebook updates more often
• create a YouTube channel
Goal: Large wholesale orders from retailers across the country.