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Published byPhilip Griffin Modified over 9 years ago
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Team GDP (Grocery Dominating Partners) Group 6.09 Sydney Browne Maisie Gest Megan Jones Johanna Lee Carson Lynch eden ’ s
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Eden’s Food Trailer so good it’s sinful Locations College campuses Medical centers Business plazas Factories Food Delicious Affordable Convenient Healthy Experience The Garden of Eden Unique and witty
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Target Market has Positive Feedback College Students Cheap prices Variety Eclectic experiences Business Professionals Healthy menu Convenient location Portable options Healthcare Professionals Outdoor eating Healthy options Quick service
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Growth Stage of Industry Projected Growth: From 2012 to 2017, revenue is projected to grow 18% to reach $1.8 billion. Opportunities for growth in major metropolitan areas Growth To date: Street Vendors industry grew because of new consumer demand for unique and gourmet food trucks From 2007 to 2012, industry revenue grew 42% to $1.5 billion. Source: IBISWorld
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Eden’s Brand eden ’ s Affordable Convenient Healthy Delicious
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Healthy High Convenience Low Convenience Eden’s Sack Lunch Unhealthy Panera On-site McDonald’s Chili’s Take-out Health Food Restaurants Traditional Food Trucks Pizza Hut Outback Open Opportunity
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Appealing to the Mass Market Give customers great tasting food, at low prices Penetration pricing Meal Cost Comparison -“Apple & Eve” $6.00-Roasted apple Salad $8.59 -Baked Chips $1.00 (includes side item) -Iced Tea $1.50- Iced Tea $ 2.49 Total $8.50* Total $11.08* * Plus tax eden ’ s
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Building Brand Loyalty Promotional Mug Free coffee with purchase of mug Cost: $5.00 $1 refills 16oz. Stamp Card 7 stamps gets you $3 off a meal or a free “Apple & Eve” Card will be stamped for every meal purchased
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Promotion Example
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2013JanFebMarAprMayJuneJulAugSepOctNovDec Launch: College Campuses Launch: All Other Locations Opening Event AdvertisementXXXX Paradise AdvertisementXXXXX Internet: Facebook / Twitter XXXXXXXXXXX Punch CardXXXXXXXXXXX Coffee MugXXXXXXXXXXX Opening Event: College Campuses X Opening Event: All Other Locations X Viral CampaignXX
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Low Fixed Cost = High Profitability Revenues Expenses Variable Costs Fixed Costs Total Expenses Profit (7.37 M) (0.90 M) $10 M (8.28 M) $1.72 M
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“so good it’s sinful” For busy people, Eden’s is the best lunch and dinner option because it is affordable, convenient, delicious, and healthy.
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