El Club de comerciantes presentation - Presentation Transcript
El Club de Comerciantes is
a group that comprises small
to midsize members of the retail community
that serves Latinos
in the United States.
Retail table of opportunitties our remake from the dinner table of opportunitty MFHA’s business model
Retailers, wholesalers,m anufacturers communitty Workforce | Customers | R&D team
americas mart
Mission
El Club de Comerciantes’ mission is to strengthen cooperation among entrepreneurs and work to promote the growth of Latino-friendly retailers.
El Club accomplishes this mission by providing education opportunities, grassroots events and tradeshows oriented to improve business practices in the Latino retailer community.
Activities for a sustainable hispanic market sucess
Discover, evaluate and validate concepts & prototypes: Workshops, seminars, Directories, Grassroot events and Tradeshows
Fine and tune concepts creation and promotion
Implementation
Maximize the likelihood of successful innovation
Market Opportunity Assessment
Identify & define opportunities & threats in the marketplace
Research & Development 1 Creation Test Innovation 3 Product and Service creation 2
The latino friendly retailers?
Fashion and Apparel
Grocery and convenient stores
Food service
Specialty stores
El burrito mercado in St Paul-Mineapolis
A closer look at the retailers
Background: US or foreign born
Latino/non-Latino, acculturated/non acculturated, English/other language, business experience/lack of experience
Purchasing power: $200.00 to $50,000.00
Common challenges: US business practices proficiency, mailing and shipping process knowledge, legal expertise, working capital, life insurance, inventory control, purchasing power, and the supplier chain
Big close up to the retailers
Foreign born minorities have a tribe business setup: family run, providers are family, church or community members
Honor and being in a community is a big a strength and asset,
and are big plus for credit
The suppliers?
US and overseas manufacturers
Wholesalers and master distributors
Tradeshow and wholesale centers but
also business districts
Service providers: shipping
and credit card processing companies, finance, software and
hardware providers, ISPs,
account and legal support,
payroll services, logistic,
advertising, real state developers,
architecture firms, store supplies distribuitors,etc.
But everything start with the consumers
Acculturation status / Language and culture,
Background: white, mestizo, or indigenuos,
Rural, small town or city born
Age, gender, social status, education
Purchasing preferences
The learning curve of Latino consumers' unique needs and passions
What are they objects of desire?
Comentario: We recognizes that innovation & success rest on in-depth understanding of people, their cultures, and change & the influences that motivate them. US or foreign born latinos
Getting started
Macroanalisis, Research industry trends and market forces
Study similar organizations in US and abroad
Analyze the dynamics of the community at the local level and population shifts
Survey to obtain in-depth consumer insights and shifts
Analyze the company alignment with a solid Latino marketing initiative
Design and implement a marketing plan with a year calendar plan
Steps suggested by Terry Soto of AMS Comentarios:studies, Books, marketing gurus, the most important things: la calle y la gente
Year 1 Calendar
1 st Quarter: December 2006-February 2007
Goal: Complete R&D and initial set-up of organization; prepare marketing materials
2 nd Quarter: March-May 2007
Goal: Marketing campaign kick-off; sponsorship and membership program development
3 rd Quarter: June-August 2007
Goal: Initiate membership drive; Business summit; develop and print magazine
4 th Quarter: September-November 2007
Goal: Organize product tradeshow and business directory
1 st Quarter December to February
Activities
Preliminary Research
Develop a team
Plan design
Create Seminars, Grassroots events and tradeshow concept
Set up membership, sponsorship and booth sales program as well as resale program
Visit a Georgia wholesale district, conference or tradeshow to develop leads
Deliverables: Research report, fine and tuned Marketing plan, marketing materials: print materials, corporate video, PSI for TV, Radio, media kits, presentation in third party event, press conference, a ready to print articles or columns, set up website
Timeline: March-May
Timeline: March-May
Activities
Develop a Board
Develop a special interest comittee
Research: Visit a wholesale district or a tradeshow in US or overseas once at month to learn and develop leads for tradeshow
Visit retail districts in Atlanta metro area to promote services
Kick off of the plan implementation
Network with national retail, manufacturing and tradeshow associations and its members
Network with local media and local marketing companies
Deliverables: media appearance, marketing cross promotion, press conference event, network event partnering with other organization, and first grass root event, setup website, asistance as speaker to conferences
Timeline: June-August
Activities
Research: Visit a wholesale district or a tradeshow in US or overseas once at month to learn and develop leads for tradeshow
Network overseas retail, manufacturing and tradeshow associations, service providers association
Visit retail districts in US southeast to promote services
Setup an online and print newsletter
Develop a special interest comittee
Deliverables: press conference event, network event partnering with other organization, monthly workshop and network event
Grassroot event, assist as exhibitor to tradeshows,grassroot events and conferences in GA,
Conferences and small Hispanic specialized category tradeshow and awards
Timeline: September-November
Activities
Research: Visit a wholesale district or a tradeshow in US or overseas once at month to learn and develop leads for tradeshow
Partner with local, national and overseas retail, manufacturing and tradeshow associations and its members
Visit retail districts in US southeast to promote services
Create overseas advisory commitees
Deliverables: bimonthly workshop and network event,
Grassroot event, assist as exhibitor to tradeshows in GA,
Introduce in a press conference a print magazine, web and CDrom directory
Set up an exchange program with our products: magazine, web and CDRom directory and grassroots events for adverstising, tradeshow booths, promotional merchandise, sponsorship opportunitties, hotel, restaurant and travel expenses.
Time nov dec jan
Activities
Research: Site visits to wholesale district or a tradeshow in US or overseas once at month to learn and develop leads for tradeshow vendors
Partner, implement activities and business exchange with local, national and overseas retail, manufacturing and tradeshow associations and its members
Create international advisory commitees
Deliverables: bimonthly workshop and network event,
Monthly Grassroot event, assist as exhibitor to tradeshows in US and overseas, Introduce in a press conference a print magazine, web and CDrom directory
First tradeshow on january or february
Accomplishments of Year 1
Membership of 250
1 Board and 5 committees
Library of marketing materials
Print, online and CD rom directory
Print magazine
Final report from R&D
Up to 1 grassroots event per quarter; 1 business summit and 1 tradeshow per year
Brand equity in the US southeast (increased visibility of Americas Mart among the members of El Club)
Brand awarness in US and Mexico
Vision for the Future By 2010 when hispanics represent 15% percent of the US population and have a purchasing power of 1 trillion dollars
Real voice for the latino friendly retailers nationwide and unifier of latinamerican retail associations
Latino oriented tradeshow main player in the US
Latino oriented Retail Magazine & directory US leader
Strategic partner of US and Mexico small to midsize manufacturers or corporations entering the US latino market
Main partner for small to big size central and southamerica manufacturers and corporations entering the US latino market
Main liason of international trade government agencies from south the border
Mentor of US retailers and manufacturers going to latinamerica
It is really an opportunity for our company? Brand awarness level Question: Have you heard about a place called AM?
Profile YES NO Did not answer
Caucasian 9 22 2
Korean 2 11 3
Chinese 2 4 1
Latino 3 12 6
Africanamerican 2 3 1
Indian 3 0 0
Vietnamiese 0 2 3
Afganistan 0 4 2
Results 21 58 18
Comments: been there or heard about was the most common answer, The did not answer was because lack of english knowledege, busy or did want to answer Location; Pendergrass Fleamarket : 97 real vendors interviewed by 17 year old koreanamerican JP on sept Saturday 23 rd
100 store owners interviewed in Plaza fiesta
According to yahoo maps 16 minutes drive from AM mart
From the comfort zone to the unknown Brand awarness level Question: Have you heard a place called AM?
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