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method
expansion concepts presented by versa corp.
good afternoon!
presentation outline



•methodology
•new product preview
•target market
•promotion mix
•questions
•happy hour?
methodology
methodology



quick information....
•method was founded by high school
  friends Eric Ryan and Adam Lowry

•born in 1999 based on Ryan and
  Lowry’s quest for fresh snow

•privately held corporation, started
  mainly on raised capital from friends
  and family members - now one of the
  hottest companies in the industry
methodology



people against dirty....

    •are people against toxic chemicals
    •people against polluting our land
    •people against animal testing
    •people who love the concept of home
    •people who enjoy effective, safe, and
      becoming socially responsible
methodology


safety...


  •home is more than a box, it is our
   second and third skin
  •why spray your skin with harsh
   toxic cleaners?

  all method products are non-toxic,
  and safe for use around children,
  animals, and even you!
methodology


environmental responsibility...

        method products are made from
        100% biodegradable ingredients;
        additionally the bottle is recyclable
        as well

        method products are never tested
        on animals
methodology



design...

 method prides itself as having the
 most unique packagingg in the home
 care industry.

 most packaging is designed by
 world renowned artist Karim Rashid

 packaging is simple, and generally
 has little copy to not confuse the
 consumer
methodology


scent...


     method products are unique as they
     smell like nature - not chemicals!

     when using method, you will never
     smell bleach or chlorine, instead
     you’ll smell cucumber, ylang-ylang,
     green tea, eucalyptus, or lavender.
product expansion
laundry expansion



hi, um versa, we need your help....

 team versa was chosen by method to
 explore the possibilities of a new,
 unique laundry product that would fit
 into its brand identity, as well as put
 them ahead of any other home care
 company in the world.
laundry expansion



mommy...look!!! the dryer sheet is magic!!!!!!

 we present to you the “Magic Dryer
 Sheet” also known as The Softener
 Infused Disappearing Dryer Cloth.
 A totally unique product that will
 change the face of the laundry and the
 home care industry!

 what is so magic about this dryer
 sheet???
  - It simply disappears into thin air!!
laundry expansion


product 411


    •sold in boxes of 50
    •sold through existing chain of
     distributers (push method)
    •unique fragrances to correspond with
     method laundry detergent
       •fresh air
       •water lilly
       •sweet water
       •naked
    •all organic, biodegradable
     ingredients
target country
target country




+




    = hello canada!
target country


why canada?


  •free market economy
  •rapid economic growth
  •32.7 million population
  •76% of population urbanized
  •69% within 15-64 age group
  •gdp of 1.165 trillion canadian
  •exchange rate of .85 us per $1 cd
  •low unemployment rate
target country


why canada?


  •consumer expenditures growth
  •personal income growth
  •disposable income growth
  •international trade important
  •low taxes/tariffs
target country


projected sales

Market Share         Year 1          Year 2
 Worst Case            4%              6%
   Best Case          10%             14%


       Sales
  Worst Case      $1.19 Million   $1.79 Million
   Best Case      $2.98 Million   $3.58 Million


     Profits
  Worst Case         $95,200        $142,200
   Best Case        $238,400        $286,400
the promotion mix
promotion mix



                   Segmentation
       10%




20%
                     eco-friendly
                     convenience seekers
             45%
                     innovators
                     bandwagon




      25%
promotion mix


product


    •simple, informative packaging
    •distribution
promotion mix


place...


      •sold at existing method retailers
promotion mix


price...


           •flexible, cost-plus pricing
           •estimated price of C$7.25
promotion mix



promotion strategy...

•advertising in canadian magazines
 •canadian house and home
 •canadian living
 •women’s space
 •women & environments intl
promotion mix



print campaign - aida analysis

    •attention
    •interest
    •desire
    •action
questions?

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Method

  • 3. presentation outline •methodology •new product preview •target market •promotion mix •questions •happy hour?
  • 5. methodology quick information.... •method was founded by high school friends Eric Ryan and Adam Lowry •born in 1999 based on Ryan and Lowry’s quest for fresh snow •privately held corporation, started mainly on raised capital from friends and family members - now one of the hottest companies in the industry
  • 6. methodology people against dirty.... •are people against toxic chemicals •people against polluting our land •people against animal testing •people who love the concept of home •people who enjoy effective, safe, and becoming socially responsible
  • 7. methodology safety... •home is more than a box, it is our second and third skin •why spray your skin with harsh toxic cleaners? all method products are non-toxic, and safe for use around children, animals, and even you!
  • 8. methodology environmental responsibility... method products are made from 100% biodegradable ingredients; additionally the bottle is recyclable as well method products are never tested on animals
  • 9. methodology design... method prides itself as having the most unique packagingg in the home care industry. most packaging is designed by world renowned artist Karim Rashid packaging is simple, and generally has little copy to not confuse the consumer
  • 10. methodology scent... method products are unique as they smell like nature - not chemicals! when using method, you will never smell bleach or chlorine, instead you’ll smell cucumber, ylang-ylang, green tea, eucalyptus, or lavender.
  • 12. laundry expansion hi, um versa, we need your help.... team versa was chosen by method to explore the possibilities of a new, unique laundry product that would fit into its brand identity, as well as put them ahead of any other home care company in the world.
  • 13. laundry expansion mommy...look!!! the dryer sheet is magic!!!!!! we present to you the “Magic Dryer Sheet” also known as The Softener Infused Disappearing Dryer Cloth. A totally unique product that will change the face of the laundry and the home care industry! what is so magic about this dryer sheet??? - It simply disappears into thin air!!
  • 14. laundry expansion product 411 •sold in boxes of 50 •sold through existing chain of distributers (push method) •unique fragrances to correspond with method laundry detergent •fresh air •water lilly •sweet water •naked •all organic, biodegradable ingredients
  • 16. target country + = hello canada!
  • 17. target country why canada? •free market economy •rapid economic growth •32.7 million population •76% of population urbanized •69% within 15-64 age group •gdp of 1.165 trillion canadian •exchange rate of .85 us per $1 cd •low unemployment rate
  • 18. target country why canada? •consumer expenditures growth •personal income growth •disposable income growth •international trade important •low taxes/tariffs
  • 19. target country projected sales Market Share Year 1 Year 2 Worst Case 4% 6% Best Case 10% 14% Sales Worst Case $1.19 Million $1.79 Million Best Case $2.98 Million $3.58 Million Profits Worst Case $95,200 $142,200 Best Case $238,400 $286,400
  • 21. promotion mix Segmentation 10% 20% eco-friendly convenience seekers 45% innovators bandwagon 25%
  • 22. promotion mix product •simple, informative packaging •distribution
  • 23. promotion mix place... •sold at existing method retailers
  • 24. promotion mix price... •flexible, cost-plus pricing •estimated price of C$7.25
  • 25. promotion mix promotion strategy... •advertising in canadian magazines •canadian house and home •canadian living •women’s space •women & environments intl
  • 26. promotion mix print campaign - aida analysis •attention •interest •desire •action