Team GDP (Grocery Dominating Partners) Group 6.09 Sydney Browne Maisie Gest Megan Jones Johanna Lee Carson Lynch eden ’ s
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
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
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
Eden’s Brand eden ’ s Affordable Convenient Healthy Delicious
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
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
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
Promotion Example
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
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
“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.