| McQ
uses integrated marketing to put Peregrine Semiconductor on the world
stage — after a decade waiting in the wings.
Client Challenge: After 10 years of protracted
R&D, San Diego-based Peregrine Semiconductor had succeeded in perfecting
the world's first commercially viable "ultra-thin-silicon (UTSi)
process on perfectly insulated sapphire." Yet until they convinced
a skeptical telecom industry that they had succeeded where industry
juggernauts like IBM had failed, they wouldn't get the opportunity
to deploy it in its first commercial offering — high-speed communications
ICs for wireless, wired and photonics networks.
Peregrine management came to McQUERTER to help validate its technology,
fostering its promise of cost-effectiveness and performance in next-gen
networks — yet without the benefit of field-proven products or
business validation.
McQ Response: McQ marshalled an integrated Tiger
Team to maximize interest and coverage for this "almost-ready-for-prime-time"
story. After an initial perception audit of Peregrine's position
in the industry, McQ launched a five-point communications plan:
- Vet the Peregrine organization. McQ first prepared a Media/Analyst
Brief that established Peregrine's executive and engineering staffs
as world-class. We knew we must establish strong corporate credentials
before proving technology prowess.
- Legitimize the testing process. McQ described the exhaustive
R&D and beta testing process that confirmed the performance and
scalability of the UTSi approach. We turned the possible negative
perception of a 10-year R&D cycle into a positive, championing
the ethics of a company that refused to go to market until it
was convinced it had attained a quantum leap in performance.
- Deploy proactive PR. McQ then launched a communications program
to position Peregrine's UTSi as a "break-through" technology to
industry editors, analysts, and trade association opinion leaders.
- Saturate the perceptual field. In cases where editorial coverage
was not attainable, McQ's creative team developed a series of
"advanced technology platform" display ads, using paid media to
hammer home the superior attributes of the UTSi approach.
- Add the human dimension. McQ also created Speaker's Bureau,
aggressively seeking speaking opportunities at trade shows, symposia,
seminars and standards bodies. Recognizing that Peregrine management
"showed well," McQ used these executives to legitimize the not-insignificant
claims of the company.
Results: Armed with little product validation
and no reference accounts, the McQ team generated more than 130
editorial placements in key business, investor and trade publications
in 2001. The communications program culminated in the technology
being named in "Top Products of 2001" by Microwave and RF Magazine,
and Cahners publishing group anointing the company as one of "50
Companies to Watch" — a spotlight shared with the likes of General
Electric and Agere Systems. Within six months, Peregrine rose from
relative obscurity to an industry darling showing up on "radar screens"
from Silicon Valley to Singapore.
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