Pintels By, Cassie Milligan Rachel Sullivan Mariah Crumpler.

Slides:



Advertisements
Similar presentations
AIM Consulting Amber Chiles, Megan Florez, and Iryna Kuchurivska.
Advertisements

SETTING YOUR TARGET MARKET. Setting the Target Market The target market for a product is the type of person you are hoping to attract to buy your product.
THE MARKETING MIX Product Place Price Promotion
Design and Technology Design a Space Photo of a bedroom.
Team CADAK Andrea Fletes Amika Hebert Christy Nguyen Kelly Yee Derek Yip HAMPER ound.
Marketing Research Project Nintendo Wii Team Eleven.
Tite Aromas Tatiana Caterniuc LOGO:. Product Description  I am selling hair ties that have a beautiful scent when you put them on. There are different.
4.08 Employ sales-promotion activities to inform or remind customers of business/product.
Product Planning Sustaining Product Sales Chapter 30.2.
By: Nicole Khashmanian.  I am expanding the Scrub Daddy product to India because it is the top country for low sanitation and this product would help.
Understanding the Marketing Mix and Marketing Plan.
Chapter 14 Advertising: The Art of Attracting an Audience
Marketing Indicator 1.02 – Employ marketing information to develop a marketing plan.
4.08 Employ sales-promotion activities to inform or remind customers of business/product.
SPORTS AND ENTERTAINMENT MARKETING
Product Development. Products Fall into 2 Categories: ► Business Goods: goods purchased by organizations for use in their operation.  Ex: Foot Locker.
Labels 101 What you need to know to sell labels. In This Labels 101 Module Why sell labels? Label basics to get you started How to successfully sell labels.
EVALUATION Unit G321 – Foundation Production The front page, contents page and double page spread of a new music magazine: Megan Jade Williams 9308.
Marketing in Today’s World
Marketing in Today’s World
Marketing Indicator 1.04 – Employ marketing information to develop a marketing plan.
Stardust By Demise Corporations Elven Vorana Kemble Tsoi Period 8.
Best. Thuy Duong Nguyen T & T.co. Product Description  Our product is a new line of cosmetic that is fully organic/natural.  Gives customer beauty satisfaction.
“Fantastic Water Proof Jeans” Tenzin Kunden and Mark Sobolev Per 2.
4.08 Employ sales-promotion activities to inform or remind customers of business/product.
Chapter 9 The Role and Functions of Marketing. Product Life Cycle (Fads and Seasonal look different)
Marketing Mix OBJECTIVES: -Discuss the 4 P’s of Marketing -Identify Marketing Mix Concepts -Create a Marketing Mix Presentation.
Marketing Indicator 1.04 – Employ marketing information to develop a marketing plan.
For use only with Perreault and McCarthy texts. © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Chapter 2: Marketing Strategy Planning.
World of Marketing CHAPTER 1  With a partner, come up with a definition of marketing that you would see in a textbook  Please don’t use any resources,
Made by.. Austin, Chance, & Cynthia! Made by.. Austin, Chance, & Cynthia!
3.10 Employ product-mix strategies to meet customer expectations Performance Indicator: Describe the nature of product bundling 3.00 Understand product/service.
1-1 1 Chapter One Integrated Marketing Communications Dr. Abdullah Sultan Fall 09.
Marketing Assignment. Puzzles My product is “puzzles with cartoon pictures on it”. Those pictures are basic from “Tangled”. It will have different sizes,
Chapter 28 Review Management∙ Minot High School. Basics of Research Types of Data Collected Research Methods Primary Research Secondary Research Miscellaneous.
Smokers Gum By: Gabriel,. PRODUCT LOGO Smoker Gum.
Successful Stand Displays Farmers’ Market Entrepreneur.
Back to Table of Contents pp Chapter 13 Marketing in Today’s World.
Marketing Apparel Products Apparel Development 2 Objective 4.01.
The Solar Pack By: Marissa Granger, Abby Lyman “Where There’s Sun There’s Power”
Project Page: DESIGN BRIEF/CRITERIA - Design Brief Situation What have you been asked to do, clearly explain? 1 or 2 paragraphs in length Only state what.
The Four Ps of Marketing Product Any goods, services, or ideas that we wish to sell. Goods, Services, or Ideas Defining Target.
3.08 Employ product-mix strategies to meet customer expectations
Marketing Definition of Marketing (it’s not just selling) Marketing is… … the strategy of bringing consumers and products together… …from product development.
GCSE Design and Technology: Analysis, Testing and Evaluation Evaluation September 2015.
Micro-Phone Andy Huang. What is Micro-Phone Small phone Small phone The size of a Bluetooth headset The size of a Bluetooth headset Fit perfectly on the.
POP SLIDER Thad Ward, Leo Lebedev, & Travis Stewart.
Tiny Houses: Living Large in a Small Space Project
Marketing identify, anticipate & satisfy consumer wants and needs - profitably Overall Aim of Marketing:
Investigating the Design Context p.1 Context: Designer Influences Important Features I need to find out more information about existing MP3 speaker products.
DETAILED CLASS ANALYSIS OF MUSIC MAGAZINE ONE NME ANALYSE THE FRONT COVER, CONTENTS PAGE AND DOUBLE PAGE SPREAD OF MAGAZINE 1 (NME DIZZEE RASCAL EDITION,
Custom Jerseys Dejen accompanied by Robert. Custom Jerseys Custom Jerseys are jerseys that are customizable Interchangeable.
How do I price my product?. Pricing Price – The value in money (or equivalent) placed on a good or service. Value – based on anticipated satisfaction.
Holo by Jimmy Wong and Seesia Thao Adam Polen. Product Feature A cell phone that show images of the other line.
What is Promotion? There are four basic types of promotion: 1) Advertising 2) Sales Promotion 3) Personal Selling 4) Publicity.
3 Steps to Peer Editing There are three important steps to remember when you are peer editing another student’s writing. Step 1 – Compliments Step 2 –
Marketing Business Essentials Sherenna Vandiver wjTxLnw.
1 CHAPTERS 11 & 12 PRICING & PROMOTION. 2 Pricing Objectives 1. Obtaining a Target Return on Investment return on investment (ROI)- amount earned as a.
Marketing!. What is Marketing? All the activities carried out by a business to promote and sell its products Examples? –Sales Promotions (coupons or special.
Marketing Foundations What is Marketing? What is the goal of Marketing?
Tiny Houses: Living Large in a Small Space Project.
Garrett Mehling, Brenda Renderos & Shelbi Hood
Marketing in Today’s World
Home décor for the modern you.
Chapter 8: Selecting an appropriate price level
FACTS: 1/3 of the jobs in the USA are marketing jobs Skills learned in marketing are transferrable Exciting work; exciting places; exciting people 60%
Introduction to Business
Understanding the Marketing Mix and Marketing Plan
Pricing Strategies.
Our nation would have difficulty linking producers to consumers.
Presentation transcript:

Pintels By, Cassie Milligan Rachel Sullivan Mariah Crumpler

What is it? Can be any color Can be any color Goes on: Goes on: Walls Walls Tables Tables Flooring Flooring Lighting Lighting Windows Windows

Positioning Sophisticated high middle class Sophisticated high middle class Early 20s Early 20s College College Creative Creative Artistic Artistic Big houses Big houses Large apartments Large apartments

Cont... Competitors: Competitors: Ikea Ikea Furniture Connection Furniture Connection Lay-Z Boy Lay-Z Boy Between Lay-Z Boy and Ikea Between Lay-Z Boy and Ikea Why? Why? Stay close to them Stay close to them Make new deals Make new deals Stay on top of sales Stay on top of sales

Market Research Made surveys Made surveys Go on internet Go on internet Find locations Find locations Idea of appropriate target market Idea of appropriate target market Focus groups Focus groups Test out product Test out product Determine if easy or not Determine if easy or not

Results Certain colors more appealing Certain colors more appealing Make product accessible to small living spaces Make product accessible to small living spaces Moderate thinkers for puzzles Moderate thinkers for puzzles Mostly people with some time on their hands Mostly people with some time on their hands Likes different hobbies Likes different hobbies

Cont...

Packaging Packaging will be small and easy to handle Packaging will be small and easy to handle Transparent tissue paper to strike the customers interest Transparent tissue paper to strike the customers interest Environmentally safe Environmentally safe Moderately difficult to open Moderately difficult to open Safety for children Safety for children

Packaging cont… Light weight and durable Light weight and durable Sold in groups inside the packaging Sold in groups inside the packaging Different colors in different boxes to fit needs of customer Different colors in different boxes to fit needs of customer

Label Colorful Colorful Stand out from other competitors Stand out from other competitors Big letters Big letters Shows different shapes Shows different shapes Also shows different sizes and styles of the pintels Also shows different sizes and styles of the pintels

Label warning Choking hazard for children under the age of three Choking hazard for children under the age of three

Label Directions Use for just about anything! Use for just about anything! Covering tables Covering tables Coffee table Coffee table Placemat Placemat Flooring Flooring Wall décor Wall décor Mouse pad Mouse pad Light décor Light décor Window decorating Window decorating and more! and more! Stick longest side in two inch cylinder put together Stick longest side in two inch cylinder put together Make as long as you want. Make as long as you want. ENJOY! ENJOY!

Pricing Around 25 dollars for about 50 pintels Around 25 dollars for about 50 pintels Around 30 dollars for the price of competitors Around 30 dollars for the price of competitors Strategy of introductory price Strategy of introductory price Seasonal discounts Seasonal discounts Make prices drop during warmer seasons Make prices drop during warmer seasons Gradually prices go up during winter Gradually prices go up during winter

Promotion Personal Selling- Personal Selling- Approach customers more direct Approach customers more direct Personally showing how product works Personally showing how product works More up front about things More up front about things Mass Selling- Mass Selling- More specific group More specific group Sell to them to more larger scale Sell to them to more larger scale Expose our product more Expose our product more

Promotion Cont… Publicity/P.R.- Publicity/P.R.- Show product on television Show product on television Good Morning America Good Morning America Martha Stewart Martha Stewart Oprah Oprah On news channels On news channels Someone seeing product unintentionally make own opinion on product Someone seeing product unintentionally make own opinion on product

Promotion cont… Sales promotion- Sales promotion- Make coupons Make coupons Go out to the public Go out to the public Give free trials to test product Give free trials to test product Focus more on personal selling Focus more on personal selling Why? Why? More direct with customers More direct with customers Answer all questions Answer all questions Help create ideas Help create ideas Help them get started Help them get started

Promotion cont… Focus least on Sales Promotion Focus least on Sales Promotion Why? Why? Don’t think it will really work Don’t think it will really work Has to be exposed a lot more Has to be exposed a lot more

Distribution Sell our product directly Sell our product directly Sell in small quantities Sell in small quantities Higher the prices Higher the prices Focus on one demographic Focus on one demographic How to get them on site? How to get them on site? By unique name By unique name Put out in designer magazines Put out in designer magazines

Distribution cont… Wouldn’t need middlemen Wouldn’t need middlemen Why? Why? Our product it unique Our product it unique Not everyone has it Not everyone has it Not have a lot of competition Not have a lot of competition

Closing… Should invest in this product because- Should invest in this product because- New New Different Different Fun Fun Exciting Exciting Multiple uses Multiple uses Make it your own and personal Make it your own and personal