Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created...

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Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digit Age Semester: Fall 2011 Course: Marketing 351 Day Class Meets: Wednesday, 7pm Product/Business Name: ShopToUs

Transcript of Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created...

Page 1: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Kenny SmithAlana GatesDavid Ludden

Ioannis IkosipentarhosSalman VakilMarzena Zelazowska

Created By

Team Details

A Grocery for the Digital Age

Semester: Fall 2011Course: Marketing 351Day Class Meets: Wednesday, 7pmProduct/Business Name: ShopToUs

Page 2: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

• Situation Analysis

• Target Market

• SWOT

• Objectives

• Marketing Mix

• Marketing Research

• Financials

• ShopToUs

Agenda

Page 3: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

The Supermarket Industry

Situation Analysis

Large Market Chain Dominated

2010 Sales = $1.32 trillion sales 2010 Sales = $1.32 trillion sales

Small Format Stores on the Rise

Page 4: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

‣Online ordering systems‣Reward/loyalty programs‣Established social media presence

Generation Y

Target Market

Page 5: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Strengths

Opportunities

First mover advantage

WeaknessesNo existing

technology

Threats

Growth of Gen Y Imitation

SWOT

Page 6: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Year 1

Year 2

‣Become primary grocer for early adopters‣Gain favorable band recognition‣Become occasional grocery for all

‣Increase brand recognition‣Become primary grocer for 50% of target market

Goals

Page 7: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Industry standard pricing

Price

PromotionGen Y, customer service

PlaceSmall format, convenient location

Marketing Mix

ProductShopToUs experience

Page 8: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

The ShopToUs experience1. Convenience2. Customer satisfaction

The Plan

1. Minimize in-store wait time2. Empower employees3. Solicit customer feedback

Product Strategy

Page 9: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Generation Y

Convenience

Dedication

Positioning

Page 10: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Industry Standard Pricing

Expedited Delivery/Pickup

Flat Rate Delivery

Pricing Strategy

Page 11: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Selective distribution

Convenient store locations

Continuous improvement

Distribution Strategy

Page 12: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

1. Advertising2. Public Relations3. Sales Promotions

3 Channels

Marketing Communications

Page 13: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

1. AdvertisingOnline AdvertisingOnline Advertising Direct MailDirect Mail

Marketing Communications

Page 14: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

2. Public RelationsSocial MediaSocial Media DonationsDonations

Marketing Communications

Page 15: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

3. Sales Promotions

Marketing Communications

CouponsCoupons 2-for-1 Deals2-for-1 Deals

Page 16: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Focus Groups

Market Research

Focus Groups

Traditional Research

Ongoing Market Research

Page 17: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Financials

Marketing plan increases profit

Page 18: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Convenient Dedicated Gen Y

A Grocery for the Digital Age

Page 19: Kenny Smith Alana Gates David Ludden Ioannis Ikosipentarhos Salman Vakil Marzena Zelazowska Created By Team Details A Grocery for the Digital Age Semester:

Questions?

A Grocery for the Digital Age