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Barry Davis: Back on Board?
Super Awesome Consulting Inc.
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Agenda 3C Analysis Main Issue Key Objectives Criteria & Alternatives
Evaluation Matrix Recommendation
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3C Analysis - Company Design & Technology Brand Recognition
Growth Potential
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3C Analysis - Customer Not entirely about price & quality
Income LvL & Age Gen X + Boomer + Girl
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3C Analysis - Competition
Specialty Retail Store US & Australia Big Corporation Competition
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New vs. Old Target Market
Main Issues Retail vs. Manufacture New vs. Old Name New vs. Old Target Market
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Sustainable & Scalable Growth Potential
Key Objectives Sustainable & Scalable Growth Potential Market Share Clear Positioning Brand Diffentiation
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Criteria Growth Potential (2) Customer Recognition (2)
Cost to Implement (3)
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Alternatives Market Development Product Development Market Penetration
Skateboard Alternative Markets Product Development Apparels Skateboarders Market Penetration
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Evaluation Mix 28 Market Development (2) 2(4) 4(8)
Growth Potential Customer Recognition Cost to Implement Market Development (2) 2(4) 4(8) Product Development (2) 3(6) Market Penetration (3) 3(9) 1(3) 4(12) Total 19 15 28
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Recommendation Market Penetration Excellent Customer Recognition
Great Growth Potential Excellent Customer Recognition Less Cost to Implement
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Implementation Product Distribution Price
Stay with Existing “Hot Shot” Same Design & Technology Distributor for existing apparel Distribution Open a Retail Location Find Other Distribution for our boards Price Cost = $80 Price = $200
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Message: 100% made in Canada
Implementation Promotion Hot Shot Website “SEO” YouTube Videos Contest + Prize Message: 100% made in Canada
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Implementation Pre-Open (3 Months) Product Place Design
Making the board Lease Floor Layout Stocking Inventory Adverting Website Open Personal selling directly to consumer Finding other distribution channels across Canada
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Financial Analysis Market Size = $12.7M
We expect Barry to gain 1.5% of market share at first year = $191,000 (Est. Sales) Market Size Target customer 71% of 35,000 skaters * 3.8 avg purchase per year * $135 per skateboard High 200(20%) middle 150(40%) Low 50(40%) High 6 / middle 4 / low 2
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Financial Analysis Profit = Quantity sold * (Price – Variable cost) – Fixed Cost Fixed Cost = Marketing Budget ($25,000) Cost Effect Contest & flyers $5,300 Q 2% Youtube & website $2,000 Become a distributor for existing brands of apparel $10,000 Q 3% Google advertising $7,700 Q 5% Contest $1000 * 5mon for flyers Overall, Growth rate will be about 12%
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