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Download ERGO ERGO Polar Bottle Water Bottle Alessandra DeWitt - Taylor Werges - Scott Schwindt Courtney Lindau - Katie Engerman - Molly Magrath - Neill Pieper

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  • Slide 1
  • ERGO ERGO Polar Bottle Water Bottle Alessandra DeWitt - Taylor Werges - Scott Schwindt Courtney Lindau - Katie Engerman - Molly Magrath - Neill Pieper Advertising and Promotions 1:00 PM section
  • Slide 2
  • Internal Factors External Factors SWOT Measureable Sales Objective & Budget 4 Ps Going Forward IMC Evaluation Agenda
  • Slide 3
  • Dont forget: You can copy- paste this slide into other presentations, and move or resize the poll.
  • Slide 4
  • Internal Analysis
  • Slide 5
  • In the process No use for one in the past Follow the ideals of: Making a product that promotes health for the planet, people and the U.S. economy Mission Statement
  • Slide 6
  • Location: Boulder, Colorado Founded: 1994 by Robert Heiberger and Judy Amabile Started as a family business 50 employees Employee bonding In house marketing Environmentally conscious Organization Demographics
  • Slide 7
  • Staff
  • Slide 8
  • Mostly free marketing Small budget Not including donations Financial
  • Slide 9
  • Sport Insulated Water Bottles 11.99 (24oz) -$10.99 (20oz) $9.99(12oz) Vacuum Insulated Stainless Water Bottle $39.99 (21oz) Ergo Insulated Water Bottle $18.99 (22oz) Current 4Ps - Product/ Price
  • Slide 10
  • Product Line
  • Slide 11
  • Double-walled Half Twist Cap Foil designs Hot liquids Dishwasher safe Not fit for bikes Ergo Insulated Water Bottle
  • Slide 12
  • 35,000 retailers Dicks, Sports Authority, REI, TREK Mail order companies worldwide Trade shows Current Place
  • Slide 13
  • Mainly utilize social media Current Promotion
  • Slide 14
  • Promotion
  • Slide 15
  • Sponsorship of USA pro cycling challenge Promotion
  • Slide 16
  • http://www.youtube.com/watch?v=jvu30s4m_94
  • Slide 17
  • Promotional donations Promotion
  • Slide 18
  • Slide 19
  • Supply Chain Raw materials for aluminum sleeves made in China Raw materials for plastic bottles created in Denver Polar Bottle van picks up materials from Denver Package finished bottles Send to Denver Bring materials to Boulder Local retailers Distribute bottles Globally Directly through website Consumer Assemble bottles in Boulder location
  • Slide 20
  • Uses Sports Water Bottle technology Research and Development
  • Slide 21
  • The Half-Twist cap Research and Development
  • Slide 22
  • External Analysis
  • Slide 23
  • BPA Free: Polar Bottles $11 billion industry Estimates show 11% growth in next 5 years in sporting equipment categories Industry
  • Slide 24
  • PRODUCT HIERARCHY Sports and Outdoor Equipment Containers Food and Beverage Bottles Water Bottles Insulated Water Bottles
  • Slide 25
  • Camelbak and Nalgene Competition
  • Slide 26
  • Nalgene: Wide mouth, everyday 32 oz. plastic Publicly traded parent company Thermo Fisher Scientific 39,000 employees Competition http://ir.thermofisher.com/phoenix.zhtml?c=89145&p=irol-homeProfile
  • Slide 27
  • Camelbak: Bite valve top water bottles $35 million in revenue 135 employees Competition http://www.insideview.com/directory/camelbak-products-llc
  • Slide 28
  • Other competitors: SIGG Klean Kanteen Competition sigg.com kleankanteen.com
  • Slide 29
  • Competition
  • Slide 30
  • Customization BPA free Going green Social Trends
  • Slide 31
  • Half twist cap provides competitive advantage Segments
  • Slide 32
  • Political FDA ban on BPA in baby bottles Laws and Regulations Patents Nature Increasing Temperature Environments
  • Slide 33
  • Uncertain economic outlook 11% growth in sporting goods next 5 years Inflation rates at 1.6% in 2013 Economic Environment
  • Slide 34
  • SWOT
  • Slide 35
  • Active lifestyle and outdoor markets Cheap to produce Strong company culture Socially responsible Made in USA Strengths
  • Slide 36
  • Environmentally friendly Utilizes free forms of advertising Patented Half Twist cap Active lifestyle location Strengths
  • Slide 37
  • Lack of marketing knowledge Patent on the foil just ran out a few years ago Consumers do not know how to use the Half Twist cap No mission statement Small marketing budget Customers reviewed that it left a weird aftertaste Weaknesses
  • Slide 38
  • Growing outdoor segment International sales Sustainable/Eco friendly Wide consumer base Opportunities
  • Slide 39
  • Expired patented process Current economic conditions FDAs BPA regulations Threats
  • Slide 40
  • 2 million of total bottles sold in 2012 13% Ergo Projecting a 25% growth for total sales in 2013 35% of this should be Ergo Measurable Sales Objectives
  • Slide 41
  • Out Reach Increase Twitter/Facebook/Instagram following by 25% Increase community partnerships Increase trade show traffic Channel Optimization Target of coupon redemption of 5% Utilization of mobile avenues Print and internet ads Measurable Comm. Objectives
  • Slide 42
  • Growth stage $200,000 worth of bottles for donations $2,000- $5,000 available advertising promotions Promotion video Direct Marketing Trade Magazines (B to B) Budget
  • Slide 43
  • 4 Ps Going Forward
  • Slide 44
  • PRODUCT The Ergo Polar Bottle 22 ounce insulated bottle Durable hard plastic BPA free and PHTHALATE free Retains cooler temperatures
  • Slide 45
  • PRODUCT Customizable Half twist cap Leak-proof Carry loop
  • Slide 46
  • Customizing Options
  • Slide 47
  • Retail price: $18.99 Wholesale price: $2.99 Cost of manufacturing Research and development Price
  • Slide 48
  • Online Retailers: 1.PolarBottle.com 2.Amazon.com 3.REI.com 4.BikeParts.com 5.Rakuten.com 6.ModernBike.com 7.BikesOnline.com 8.Etc Place
  • Slide 49
  • Brick & Mortar Retailers REI Sport Authority Full Cycle Performance Bicycles Dicks Play It Again Sports Dicks Sporting Goods Kids R Us Various Local Bicycle Shops
  • Slide 50
  • Potential Retailers Target (in progress) Wal-Mart Complimentary Product Retailers Running Shoe Retailers Climbing Store Retailers Gym mini retailer 24 Hour Fitness Store University Rec Centers Place
  • Slide 51
  • IMC
  • Slide 52
  • We advise that Polar Bottle: Increase their marketing budget Lower amount of bottle donations Marketing Budget
  • Slide 53
  • Target Market
  • Slide 54
  • Gyms Signs Personal trainers Health food stores Signs Internet banners SportsAuthority.com REI.com Advertising
  • Slide 55
  • Outside Magazine Ad
  • Slide 56
  • Hash tags SEO Meta tags Key words Links Digital Marketing
  • Slide 57
  • In-store promotions Rich media display Social media Company website Commercial
  • Slide 58
  • Slide 59
  • http://www.youtube.com/watch?v=LoTcJcpYZfg
  • Slide 60
  • Public Relations Collegiate Sports teams and clubs Hiking Cross country Biking Yoga studios Pure bar studios Environmental volunteers Third party PR
  • Slide 61
  • Internet advertising Facebook sweepstake Foil design contest Cross ruff coupons Trade Shows China International Outdoor Tradeshow Guangzhou, China Large volume of international retailers Expand further into foreign markets Sales Promotions
  • Slide 62
  • QR codes every where In-store signage In-store coupons Price tags Event banners Fliers Leads to company website Analytics of QR users Evaluation
  • Slide 63
  • Creating more awareness Through increasing grassroots marketing efforts Target market Digital Slogan Wherever you go, ERGO Recommendations More funding towards marketing efforts Less bottle donations Meeting Our Objectives
  • Slide 64
  • Questions?