Products We will introduce three new products at this show: The Metal Detector Crutch....
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Transcript of Products We will introduce three new products at this show: The Metal Detector Crutch....
![Page 1: Products We will introduce three new products at this show: The Metal Detector Crutch. Socks-by-the-foot. The ExerShovel.](https://reader038.fdocuments.us/reader038/viewer/2022110208/56649d975503460f94a80f7c/html5/thumbnails/1.jpg)
ProductsWe will introduce three new products at this
show: The Metal Detector Crutch.Socks-by-the-foot.The ExerShovel.
![Page 2: Products We will introduce three new products at this show: The Metal Detector Crutch. Socks-by-the-foot. The ExerShovel.](https://reader038.fdocuments.us/reader038/viewer/2022110208/56649d975503460f94a80f7c/html5/thumbnails/2.jpg)
About The Metal Detector/CrutchCustomer traits:
Injured people. Metal detector
users. Kids cooped after
getting injured.
What they’ll like about the product: Gets you out of the
house.Potentially finding
trinkets/small objects.
Way to exercise while injured.
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About Socks-by-the-foot.Customer traits:
Teens Working momsCampersTraveling workmen.
What they’ll like about the product: Easy to transportEasy to use Disposable – don’t
have to worry about washing.
Sturdy material; Wont wear out quickly.
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About the ExerShovelCustomer traits:
People looking to lose weight.
Weight loss companies
Fitness gymsFitness companies.
What they’ll like about the product: Easy to use.Not a conventional
weight loss method. Unique. Hassle free.Takes up a small
amount of space.
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Competitor One: MediequipStrengths
Well knownMore storesEasier to access.
WeaknessesBasic equipment. Unoriginal walking
assistance equipment.
Less fun in their products.
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Competitor Two: TargetStrengths
Well knownEasily accessible Respected
company.
Weaknesses Mass produced
products. Unoriginal. Socks aren’t
disposable.
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Competitor Three: Dicks Sporting GoodsStrengths:
Many variations of exercise equipment..
More widely known.
Weaknesses:Mass produced
machines. Most equipment is
bulky and hard to store.
No warranties or refunds.
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Target AudiencesInternal Publics: Booth monitors,
Salespeople, TWT employees.Media: The International Toy Magazine,
Saint Louis Post Dispatch, Tacky Wacky Toys Monthly Magazine, Products International, NYMag.
Booth Visitors/Toy Buyers: Purchasing agents for Toy companies, Toy Supply Companies, Purchasing agents, general booth visitors.
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Strategic GoalExamples:
Increase awareness through use of traditional and social media
Submit Radio spots and PSA’s to local radio stations to air.
Direct mailing to previous customers. Creating brochures and fliers to distribute.
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Objective GoalOverall Desired Outcome: 10,000 products sold.Goal: Buyers
Everyone who visits booth to purchase a minimum of 2 items.All buyers sign up for email updates.
Goal: MediaPublish a minimum of 10 news releases in various media
outlets before the event. Secure a minimum of 10 radio spots for advertisements and
actualities.Goal: Internal
All Show personnel meet a 200 item selling quota. All show personnel spend a minimum of 2 hours a day outside
of the booth making an effort to bring people to the booth.
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Key MessagesMedia: The Toy Fair is the best way to see our new
products in action before they are released to the general public, as well as learn more about the inner working of TWT.
Booth Visitors: Tacky Wacky Toys is an up and coming toy supply company for every kind of store and need.
Internal: The Toy Fair is this years largest event and a key part in expanding TWT’s client base.
Current Customers: The Toy Fair is the best way to learn about our new products and see them in action before they hit the shelves of major stores.
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Story OpportunitiesInternational Toy Magazine – Toys through
time.Saint Louis Post Dispatch - How selling toys
will help your business. Tacky Wacky Toys Monthly Magazine.Products International. New York Magazine.
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Tactical Planning Internal publics -Objective: Minimum of 100 people to sign up to work at the Toy Fair. -Tactics: Banners for work areas – Coffee and tea stations – convention training
sessions -Outcome: Well-staffed booth/more staff for buyers to talk with. Media -Objective: Minimum of 5 major publications cover TWT’s involvement in the Toy
Fair. -Tactics: Submit press releases to the publications previously listed – Press
Conference– TWT gala specifically for reporters and journalists. -Outcome: More publicity for both TWT in general and solid coverage of the TWT
booth at the Toy Fair. Booth visitors/Toy buyers - Objectives: A minimum of 1000 booth visitor per day. -Tactics: Advertizing outside of the Toy Fair venue – billboards – mailed brochures
- Theme Event: Playtime throughout time. -Outcome: A larger cliental, more customers attending the Fair specifically for
TWT’s booth, and more products sold throughout the fair itself.
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Audience: BuyersObjectives: A minimum of 1000 booth visitors per day. Desired Outcome: More products sold during the fair.
Tactic Responsibility Budget
Billboards Chief marketing officer.
$5,000
Theme Event: Playtime through time.
Operations manager $100,000
Mailed Brochures Chief marketing and distribution officer.
$2,500
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Audience: MediaObjectives: Minimum of 5 major publications
cover TWT in the Toy Fair.Desired Outcome: More TWT publicity and solid
coverage of the TWT booth at the Toy Fair.Tactic Responsibility Budget
Submit press releases.
Communications manager
$1000 submission fees.
News conference. Operations manager $2,000
TWT gala specifically for reporters, journalists, and bloggers.
Operations manager $54,000.
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Audience: InternalMinimum of 100 employees sign up to work at
the Toy Fair.Well-staffed booth/more staff for buyers to talk
with.Tactic Responsibility Budget
Banners for work areas
Marketing managers $2,000
Coffee and tea stations.
Purchasing agents. $6,500
Convention training sessions.
Operations managers $2,000 per employee.
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Timeline: BuyerWho does what when? Work backward from deadline or forward from start date.
Tactic Week One Week Two Week Three
Week Four
Billboards Design, editing/finding billboard location.
Purchasing the billboard/printing.
Set up and arrangement at billboard location.
Rollout
Theme event: Playtime through time.
Renting venue/design invitations.
Arrange for guest speakers/print and send invitations.
Catering and transportation arrangements
Venue decorations/ rollout
Mailed brochures
Design brochures
Printing/mailing lists.
Packaging/Delivery.
Confirmation of deliveries and rollout
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Timeline: MediaWho does what when? Work backward from deadline or forward from start date.
Tactic Week One Week Two Week Three Week Four
Press Releases
Writing and design of release
Printing and mailing/faxing/emailing release to listed media outlets.
Mailing, faxing, or emailing to the listed media outlets.
Rollout
News conference
Press release for event in writing, design, and release/ program design.
Train and/or select representatives for the event as TWT spokespeople.
Program printing.
Prepare venue – AV systems, chairs, microphones/ rollout
TWT gala for reporters, journalists, and bloggers.
Renting venue/organize catering/designing invitations/programs.
Arranging for guest speakers/printing and sending invitations/printing programs.
RSVP lists and catering/transportation arrangements.
Decorating venue/ food, flower, and music arrangements/ rollout
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Timeline: InternalWho does what when? Work backward from deadline or forward from start date
Tactic Week One Week Two Week Three
Week Four
Banners Design and editing
Printing/fabrication.
Arranging Rollout
Coffee and tea stations.
Announcement and information/design of overhang banners and signs.
Purchasing coffee makers and tea strainers/printing banners and signs.
Setup of individual stations with electric.
Purchase perishable items, finalize setup, and rollout.
Convention training sessions.
Find and hire trainer/post information.
Organize dates and times of training sessions.
Post signup sheets/send emails.
Setup for individual sessions/group sessions and rollout
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BudgetExpense Item Price Target AudienceFeature articles $300,000 Buyers and media
Banners $2,000 Internal
Coffee and tea stations $1,200 Internal
Convention training sessions
$2,000 per employee/$65,000
Internal
Billboard $50,000 Buyers
Theme Event: Playtime through time.
$100,000 Buyers
Mailed brochues $2,500 Buyers
Press Releases $1,000 Media
News conference $2,000 Media
TWT Press Gala $54,000 Media
Total: $514,700 All
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EvaluationDuring the toy fair, we will record how many
booth visitors there are to our booth, how many new products are sold and how many people sign up for our emailing list.
We will measure the success of the rollout by how many products are sold, and how many people visit the booth.