SlideShare a Scribd company logo
1 of 21
Main Street Sweets
Plans Book
By Jillian Hammell, Ariana
Buzzelli, Marisa Brossard, Dan
Dickinson & Nick Hooper
;
2
Lorem Ipsum Dolor Spring 2016
2
We would like to thank to Main Street Sweets and especially the
owner Jody Stephan for letting us research her business and answer any
questions that we had about the bakery. We learned from this experience
that no matter what you feel like eating, whether it is sweets or
sandwiches, Main Street Sweets has it all.
The current target market of Main Street Sweets includes older,
working-class people, but we want our target market to expand to
include college students. The main problem is, that market doesn’t know
about Main Street Sweets. We began studying the psychographics of the
consumers and what was made clear was the current consumers of Main
Street Sweets were satisfied with their food. Since our team is in the target
market’s age group we are trying to reach, we have extensive knowledge
on what we need to do to reach the new target market and show them
that Main Street Sweets is worth their while. We will uncover the reasons
our target market doesn’t purchase food at Main Street Sweets and we will
come to prove to our target markets that Main Street Sweets is a
convenient and delicious way to eat.
Executive Summary
;
3
Lorem Ipsum Dolor Spring 2016
3
Relevant History
Advertisements
featured in The
Olean Times Herald.
Situation Analysis
Jody Stephan, an
Allegany citizen, opened
Main Street Sweets in June
2011. She had worked in
restaurants and for catering
companies in the past, but
was quickly bored. Stephan
knew she had the talent and
desire to create something of
her own. She saw the need for
a bakery in the area,
considering most people
purchased their baked goods
at the nearest retail
corporations such as Wal-
Mart and Tops. Stephan
hoped consumers would view
her bakery as higher quality
with a friendlier atmosphere
as well as fair pricing.
Within the past three
years that the bakery has
been open, she has not done
much advertising. In the
beginning of her endeavor,
Stephan assumed that since
there are no other bakeries in
the area, and that the small
blue and white building was
in prime location, customers
would naturally come to her.
There was an article in The
Olean Times Herald
Newspaper regarding their
opening. Also, The Mountain
radio station promised her
airtime in return for a
dollar-saver promotion,
which she has not recorded
yet. Stephan had no numbers
to share as far as an
advertising budget because of
the lack of any formal
advertising.
As far as social media,
Main Street Sweets has a basic
website featuring store hours,
contact information, a menu,
catering services and a few
pictures as a visual for her
work. Main Street Sweets is
also on Facebook, Tumblr and
1
;
4
Lorem Ipsum Dolor Spring 2016
4
Relevant History
continued…
Product Evaluation
you are there.” Main Street
Sweets has plenty of products
and services to offer, the
problem is that no one
knows what specifically
those products and services
are. With creative advertising,
Main Street Sweets has the
potential to be an incredibly
successful business.
Main Street Sweets is a
small, family owned bakery
located on 61 East Main
Street in Allegany. The
bakery has an extensive
menu that offers not only
specialty sweets, but
breakfast and lunch specials
as well. Stephan needs to
advertise to her customers
that not only should they
stop in on the rare occasion
that they need a birthday
cake, but also on any given
day for lunch to choose from
a long list of soups and
salad, Main Street Sweets
stands out among the
competition for expanding
their menus beyond basic
baked goods like cookies and
brownies. They are also the
only place in the area that
offers organic coffee, which is
something Stephan is proud of
and wants her customers to
know.
Stephan needs to inform
her current and prospective
customers about the different
meal options, baked goods
including cake and catering
2
;
5
Lorem Ipsum Dolor Spring 2016
5
Product Evaluation
continued…
On top of preparing
delicious meals and baked
goods, the bakery offers
services such as catering and
delivery. If the parents of
Bonaventure students knew
that they could have cakes
and cookies delivered to their
children on campus,
Stephan’s business would
grow tremendously.
With fall being the
busiest season, Stephan
would benefit from
advertising back-to-school
promotions and specials to St.
Bonaventure and JCC
students who are moving
back to school. By effectively
advertising to college
students, Stephan would gain
a great deal of customers.
Considering that her
products cost no more than
Wal-Mart’s, there is no
reason why potential
customers would choose a
large retail corporation over
her friendly, family owned,
higher quality bake shop. It’s
simply a matter of getting the
word out about her high-
quality products for fair
prices. She currently caters
to the two doctors offices in
Allegany, but if she
advertised to surrounding
towns, she could
dramatically increase her
clientele.
Main Street Sweets is a
small blue and white
building that unfortunately
doesn’t stand out. The logo is
a generic blue and white
cupcake and they currently
do not have a slogan. By
creating a memorable logo
and slogan, the bakery
would instantly gain
popularity and stand out to
potential customers. Stephan
is reluctant to the idea and
doesn’t see how a logo
change would be profitable.
Hopefully after Stephan sees
a few sketches, she will
understand that an
upgraded logo would make a
difference to the customers
the bakery attracts.(Original logo) 3
;
6
Lorem Ipsum Dolor Spring 2016
6
Consumer Evaluation
Main Street Sweets has
several target markets. The
primary target market includes
the students of St. Bonaventure
University, which we plan on
aiming the majority of our
advertising efforts toward. As
an example, lets take Pete. Pete
is a 21-year-old senior
studying business at
Bonaventure. He comes from an
upper-middle class family that
lives in a nice suburban
neighborhood outside of
Rochester. He currently lives in
an off-campus apartment on
Main Street in Allegany with
four of his closest friends. He is
lucky enough to have parents
who are paying for his college
education as well as providing
him with some spending
money. Pete is very social and
spends most of his free time
As twenty-year-old boys,
Pete and his roommates often
eat out to avoid cooking for
themselves and having to do
their own dishes. If Pete and
his roommates wanted to grab
lunch and were sick of fast
food joints like McDonalds
and Subway, they could enjoy
a quick, inexpensive Panini
at the bakery and top it off
with a delectable desert. If
Pete was in a rush but
wanted to get breakfast on his
way to school, he could stop
in the bakery conveniently on
his way to class to get a
blueberry muffin and a
coffee.
When Pete and his
girlfriend celebrate their
sixth month anniversary, he
immediately thinks to take
her to the bakery to split a
slice of red velvet cake, which
is her favorite.
Target market 1
4
;
7
Lorem Ipsum Dolor Spring 2016
7
Consumer Evaluation
continued…The second target market
involves the parents of St.
Bonaventure students. Let’s say
Mary and Mike are sending
their only child, Kate, back to
college. Kate has received
plenty of Main Street Sweets
advertisements in her P.O. Box
and mentions the bakery to
her parents. Also, Main Street
Sweets takes the initiative to
produce fliers and post them
around campus. When Kate’s
parents walk around school,
the posters catch their eye.
Kate’s 18th birthday is in
early September, and it upsets
her parents that they can’t be
there with her and celebrate
as they do every year. Mike
remembers from the fliers that
the bakery delivers. He calls to
have a birthday cake
delivered to Devereux, where
Kate lives this year.
When first semester finals
role around and Kate calls her
parents stressed out, they feel
bad they can’t be there with
her and have the bakery
deliver her a chocolate chip
cookie and hot coffee to get her
through her late night study
session.
The third target market
Main Street Sweets is trying
to reach includes the citizens
of Olean and Allegany, who
reside there all year long as
opposed to students who are
only there eight months out
of the year. Bridget is a 26-
year-old Olean High School
graduate that lives in town
with her husband and two
children. They have a modest
income but work hard to give
their children the best life
they can. Bridget stops at
Main Street Sweets every
morning on her way to work
bec
aus
Target
market 3
Target market 2
5
;
8
Lorem Ipsum Dolor Spring 2016
8
Consumer Evaluation
continued…According to Yelp, the
popular eatery review
website, Main Street Sweets
maintains a 4.5 star rating
out of 5. However, only three
votes were cast. The reviews
on the website raved about
the “delicious cheesecake”
and “awesome cupcakes,
brownies and cookies.” This
positive attitude may be
beneficial for the brand, but
it is also important to gain
more customers and
outreach.
Consumers are slightly
more interactive on the
bakery’s social media
platforms including
Instagram and Facebook.
Main Street Sweets has
approximately 1,900 friends
on Facebook and receives
feedback on status
updates/pictures of new
baked goods. The Instagram
account, which has not been
updated since March of
2014, has received a slim
amount of likes on each
picture—approximately 5-
20.
The consumers that have
heard of Main Street Sweets
and visited the bakery posted
excellent reviews. However,
since customer outreach needs
more work, chains located
within Olean are currently
taking business away. Wal-
Mart, the main grocery store
in Olean, also provides baked
goods. Yet, it is still possible to
influence these customers.
Many college students
(prospects) visit Wal-Mart to
grab their weekly groceries.
This demographic may desire
to branch out and spend their
time and money at a local
business with high quality
treats.
6
(Picturestaken fromInstagram account:@mainstsweets)
;
9
Lorem Ipsum Dolor Spring 2016
9
Direct Competition: Tim Horton’s, Dunkin Donuts,
Linger Longer café and Starbucks (Café La Verna).
Competitive Analysis
Indirect Competition: McDonald’s, Burger King, Subway
and
Wal-Mart.
Competitive Expenditures:
McDonald’s, an indirect
competitor, has spent over $1
billion on advertisements
(Forbes). Burger King has
worked with a $400 million
budget (ABC News). These
advertisements are able to reach
millions of people and
enlighten individuals about
their products and service.
Competitive Advertising
Themes: Some advertising
themes include McDonald’s
slogan “I’m Lovin’ It” and
Burger Kings’ “Have It Your
Way.” These messages entice
consumers to choose their
product and reap the benefits.
Competitive Sales
Promotions: Dunkin Donuts
and Tim Hortons send coupons
to St. Bonaventure students’ P.O.
box. They use these coupons to
bring in students looking to
save money on a fast meal.
Also, Subway offers a rewards
The weaknesses include
their lack of social
media. Although Linger
Longer has a presence on
Facebook, they do not
interact with their
audience nor post
content consistently.
Competitive
Packaging: McDonald’s
has taken the initiative
to follow more
environmentally
friendly guidelines.
McDonald’s has faced
pressure in the past
regarding packaging and
waste. Now, they abide
by reducing, reusing
and recycling. This idea
allows customers to feel
as though they are being
responsible when
purchasing their
products, which is
ultimately a strength.
Also, Tim Hortons,
Dunkin Donuts and
7
;
10
Lorem Ipsum Dolor Spring 2016
10
Competitive Analysis
continued…
8
;
11
Lorem Ipsum Dolor Spring 2016
11
Brand Awareness
The bakery/café is known as
the place to stop for sweet
treats. However, the eatery’s
current consumers hold that
assumption. The adult
customer that has time to stop
in enjoys Main Street Sweets,
but many others do not know
what the business offers. Our
first marketing objective is to
let the new target market
(college students & on-the-go
parents) know what Main
Street Sweets is all about.
Measure and
Increase Social
Media
Main Street Sweets
currently has a Facebook
and Instagram account.
With approximately
1,900 friends on Facebook
and 90 followers on
Instagram, the amount of
online users keeping up
with the bakery needs to
increase. Creating stronger
social media platforms
will help with the user
outreach, building
relationships and
maintaining interactivity.
Increase Sales
Go Mobile
Since the new target
market values
convenience, mobile
devices would be the
main source of online
traffic. Rather than
relying on a desktop to
bring you to the bakery’s
social media, the
consumer can click on an
app and automatically be
brought to the
catering/delivery service.
While they are there,
they can also view the
menu options and read
reviews of potential meal
Main Street Sweets target
audience includes only a
fraction of the local
population. According to
the US Census, Allegany is
made up of 19% of
individuals from ages 25-
44 while Olean covers
27% of that age group. St.
Bonaventure University
includes over 2,000
students. If Main Street
Sweets targets this
demographic, Main Street
Sweets can increase its
sales by almost 50%.
Advertising
Recommendations
9
;
12
Lorem Ipsum Dolor Spring 2016
12
Key Fact:
Obtain more unique visitors to online content
and create awareness of the Main Street Sweets
brand.
Primary marketing
problem:Main Street Sweets offers desirable products
and services that so many people would take
advantage of if they simply knew about them.
The bakery needs to increase awareness about
the extent of their menu and the services they
offer on a daily basis.
Communications
objective:Motivate consumers to visit the website, social media
platforms, the actual location and stimulate
purchases.
Advertising Communications
Objective
10
;
13
Lorem Ipsum Dolor Spring 2016
13
The creative strategy for Main Street Sweet’s advertising
campaign will revolve around their slogan,
It will also feature the new logo to stimulate brand
recognition.
Execution:
Social media sites will feature
regular and interactive
content. Contests for upcoming
events such as the “Cake-Off”
will be advertised on Twitter,
Facebook and Instagram
through colorful banner ads.
Lighthearted, creative and
aesthetically pleasing content
will be on display. Seen on
page 12.
Radio ads broadcasted
through WSBU’s The Buzz.
The radio channel is not
limited to St. Bonaventure
students. Olean and Allegany
residents nearby may listen to
the broadcast as well and
tune in to listen to the latest
tunes or wait to hear the
specials offered at Main Street
Sweets. Seen on page 13.
Newspaper ads in The Olean
Times Herald and The Bona
Venture will include
information about specials
and promotions. For the fall
season, when students show
their student ID and purchase
a medium cup of coffee, they
will receive a free pastry.
They may chose from a
brownie to a decorative sugar
cookie. Seen on page 13.
Fliers posted around the
university’s campus and
throughout local
neighborhoods. Handing out
fliers is a great way to
maintain a personal and
friendly relationship with
potential customers. A simple
conversation while handing
out a flier can lead to further
discussion about the business
and possibly a visit. Seen on
Creative Strategy
11
;
14
Lorem Ipsum Dolor Spring 2016
14
Facebook banners:

Executions
12
Fliers:
;
15
Lorem Ipsum Dolor Spring 2016
15
Newspaper advertisement
App
banner
Radio
script
(displayed on mobile
devices)
Person 1: “Man, that class went on and on! My stomach was grumbling the
whole time. I think it was louder than the professor.”
Person 2: “Same here. I could really go for something sweet and filling.”
Person 1: “I could go for something that keeps my stomach quiet.”
Person 2: “Hey, what about Main Street Sweets? I heard they have brownies,
cakes, pies, paninis, coffee… Do you want me to continue?”
Person 1: “It’s settled.”
Person 2: “Oh, I forgot to mention their fair prices. How about a three cheese
panini for only $4.99?”
Person 1: “I’m ready when you are!”
Person 2: stomach grumbles “Pipe down, we’re on our way now!”
Cues jingle “Main Street Sweets, the tastiest treats in town.”
Executions continued…
13
;
16
Lorem Ipsum Dolor Spring 2016
16
Media Plan
Types of Media
Paid
Earned
Owned
Pai
dOur paid media will
inform the consumer
about the possible
products/services we
can offer them. This
form of advertising
will include daily or
weekly specials and
promotions to reach
out to the public.
Only 20% of the
budget will be
dedicated to these
efforts. We would like
to focus on a more
non-traditional form
of advertising in
order to interact with
consumers and build
relationships and
brand loyalty.
Earne
dThe 30-second radio
spot on WSBU’s The
Buzz is part of our
earned media. Since
it is free of cost, we
are able to spread
the word without
sacrificing the
budget. If Main
Street Sweets keeps
up with their
customers and
continues to offer
them a fair and
enjoyable service,
blog reviews and
forum posts may
surface. These
reviews can make or
break a business if it
involves low-
Owne
dOwned media is
50% of the budget
because we are
focusing on the
connection between
Main Street Sweets
and the consumer.
Through social
media, Stephan can
reach out to her
customers in a fast
and convenient
manner. Also, this
type of media
would help with
mobile-usage. The
new target market’s
primary source of
communication is
mainly through text
messaging. In
14
;
17
Lorem Ipsum Dolor Spring 2016
17
The media classes
selected will include
broadcasting, print,
social and tangible
fliers.
Since Main Street
Sweets is a local
business and aims to
create a neighborhood-
like feel, a national
introduction is not
necessary. All media
will be kept local and
primarily in Olean and
Allegany areas.
Most of the
budget will be
dedicated to media
featured all year
round, however,
the months of fall
are significant.
Since college
students are
heading back to
school, we want to
make sure they
know where to go
when they want to
pick up a
scrumptious and
affordable snack or
drink. During this
busy season,
students are getting
back into the swing
of school and can
rely on Main Street
Sweets to have
treats ready for
them after a long
day in school.
Media Strategy
15
;
18
Lorem Ipsum Dolor Spring 2016
18
Sales Promotion Executions
and Recommendations
The Cake-Off
EventThis event will include a
cake-decorating contest, which
will take place at the Main
Street Sweets location.
Consumers that are interested
in the competition must
register online. The event will
provide competitors the tools
necessary to decorate a cake
including icing, ingredients,
cake décor and more. After the
competition, users will vote for
the best cake on Facebook.
Whoever receives the most
amount of likes, will be
awarded a $100 cash prize.
BelleRuche Bridal Boutique
and Cutco will sponsor the
event.
The event will be
advertised on Facebook.
Facebook banner ads
(included in the Executions
section), will allow users to
click on the ad to receive
further information about
“The Cake-Off.”
$1-off
deals
Free Treats
During the back-
to-school season
(August-September), the
“Welcome Back”
promotion offers St.
Bonaventure students a
free cookie with any
coffee purchase.
In October,
families that bring their
children in Halloween
costume to the Main
Street Sweets location
will receive free candy
and a baked good.From March-June,
Main Street Sweets will
offer $1 off every baked
good with a purchase of
our unique product,
organic coffee.
With the purchase
of a combo meal (soup
and sandwich), the
consumer can get $1 off
any drink.
16
;
19
Lorem Ipsum Dolor Spring 2016
19
Evaluations/
Conclusions
The success of the
advertising promotions will be
measured by the increase in
sales based on each
individual promotion method.
This will tell us which area
of promotion was most
successful so we can re-
allocate money to where it is
going to be most productive.
With the radio and
newspaper ads, we are looking
to increase awareness of the
bakeries products and services
to our primary and tertiary
target markets, the college
students and the middle-age
Our mobile advertising
strategy will require us to use a
geo-demographic segmentation to
find popular app use in the area.
With these results, we will be able
to best purchase ad space on those
applications in order to advertise
more efficiently to our target
market. Our Facebook banner ad
will be instructed to appear after
visiting Main Street Sweets
Facebook page.
As of now, the bakery only
reaches around 5% of our target
market. With these sales
promotions, we hope to raise
awareness and increase sales by
35% by Fall 2016, exactly one year
after we begin our aggressive
promotion plans in the Fall of
2015. With our free social media
campaign, which includes
Facebook, Twitter, and Instagram,
we plan to increase awareness on
social media by 75%.
17
;
20
Lorem Ipsum Dolor Spring 2016
20
Table of Contents
I. Executive Summary
II. Situation Analysis…pgs. 1-8
III. Advertising Recommendations…pgs. 9-13
Target Market
Advertising Communications Objective
Creative Strategy
VI. Media Plan…pgs. 14-15
VII. Sales Promotion & Recommendations…pg. 16
VIII. Evaluations/Conclusions…pg. 17
Fusce ac ligula a magna bibendum tempus.
Vestibulum cursus turpis eget velit. Integer lorem.
Sed libero sem, rutrum vitae, nonummy et, pretium
eget, diam. In tristique auctor mi. Fusce sit amet augue.
Praesent elementum volutpat lectus. Cras sollicitudin
sem eget magna. Sed iaculis erat imperdiet velit.
Aliquam vehicula, mauris at pharetra semper, dui arcu
lobortis lorem, non faucibus ligula elit vel magna.
Aliquam eleifend, mauris velpellentesque
elementum, massa augue convallisligula, vestibulum
cursus pede lectus at nunc. Sed iaculis massa non
tortor. Mauris interdum tincidunt lacus. Donec sit amet
velit. Pellentesque congue pharetra est. In ligula arcu,
dapibus ac, auctor non, bibendum sit amet, elit. Nullam
vel nisl id eros bibendum commodo.
Lorem Ipsum Dolor
[Street Address]
[City], [State][Postal Code]
[Web Address]
[Recipient]
Address Line 1
Address Line 2
Address Line 3
Address Line 4
Spring 2016

More Related Content

What's hot (15)

English 2 research assignment (report)
English 2 research assignment (report)English 2 research assignment (report)
English 2 research assignment (report)
 
Intro To Business Coffee Truck Project
Intro To Business Coffee Truck ProjectIntro To Business Coffee Truck Project
Intro To Business Coffee Truck Project
 
Intro To Business Coffee Shop Project
Intro To Business Coffee Shop ProjectIntro To Business Coffee Shop Project
Intro To Business Coffee Shop Project
 
Writing Sample 1 - Celebrating 100 Years in Prince George
Writing Sample 1 - Celebrating 100 Years in Prince GeorgeWriting Sample 1 - Celebrating 100 Years in Prince George
Writing Sample 1 - Celebrating 100 Years in Prince George
 
Resume
ResumeResume
Resume
 
CARLOS DECKpdf
CARLOS DECKpdfCARLOS DECKpdf
CARLOS DECKpdf
 
OTSP PR Book
OTSP PR BookOTSP PR Book
OTSP PR Book
 
Evaluation question 4
Evaluation question 4Evaluation question 4
Evaluation question 4
 
IMC Plan for Sweet List Bakery
IMC Plan for Sweet List Bakery IMC Plan for Sweet List Bakery
IMC Plan for Sweet List Bakery
 
Question 4
Question 4Question 4
Question 4
 
Question 4
Question 4Question 4
Question 4
 
Q tsmallbusiness
Q tsmallbusinessQ tsmallbusiness
Q tsmallbusiness
 
Evaluation question 4
Evaluation question 4Evaluation question 4
Evaluation question 4
 
Who would be the audience for your media product?
Who would be the audience for your media product? Who would be the audience for your media product?
Who would be the audience for your media product?
 
Business plan 2
Business plan 2Business plan 2
Business plan 2
 

Similar to Final Plansbook

HipPopsClientSummary
HipPopsClientSummaryHipPopsClientSummary
HipPopsClientSummary
Julia Kleiber
 
Sharmin and Christen unit 13 & 15
Sharmin and Christen unit 13 & 15Sharmin and Christen unit 13 & 15
Sharmin and Christen unit 13 & 15
Sharmin Miah
 
Sharmin and Christen 1
Sharmin and Christen 1Sharmin and Christen 1
Sharmin and Christen 1
Sharmin Miah
 
Starbuck media plan
Starbuck media planStarbuck media plan
Starbuck media plan
Hưng Chủ
 
English 2 assignment 4 (research)
English 2 assignment 4 (research)English 2 assignment 4 (research)
English 2 assignment 4 (research)
EdwinYip
 

Similar to Final Plansbook (20)

Big Top Candy Shop Media Plan
Big Top Candy Shop Media PlanBig Top Candy Shop Media Plan
Big Top Candy Shop Media Plan
 
Personas and Empathy Map
Personas and Empathy MapPersonas and Empathy Map
Personas and Empathy Map
 
Kenneth's presentation
Kenneth's presentationKenneth's presentation
Kenneth's presentation
 
Athens Bagel Company
Athens Bagel CompanyAthens Bagel Company
Athens Bagel Company
 
Unit 1
Unit 1Unit 1
Unit 1
 
Startup Spotlight™ featuring Mamie's Pies
Startup Spotlight™ featuring Mamie's PiesStartup Spotlight™ featuring Mamie's Pies
Startup Spotlight™ featuring Mamie's Pies
 
HipPopsClientSummary
HipPopsClientSummaryHipPopsClientSummary
HipPopsClientSummary
 
Sharmin and Christen unit 13 & 15
Sharmin and Christen unit 13 & 15Sharmin and Christen unit 13 & 15
Sharmin and Christen unit 13 & 15
 
Sharmin and Christen 1
Sharmin and Christen 1Sharmin and Christen 1
Sharmin and Christen 1
 
Mom
MomMom
Mom
 
Starbuck media plan
Starbuck media planStarbuck media plan
Starbuck media plan
 
English 2 assignment 4 (research)
English 2 assignment 4 (research)English 2 assignment 4 (research)
English 2 assignment 4 (research)
 
Arizona Iced Tea
Arizona Iced TeaArizona Iced Tea
Arizona Iced Tea
 
Big Top Candy Shop Media Plan- A Project
Big Top Candy Shop Media Plan- A ProjectBig Top Candy Shop Media Plan- A Project
Big Top Candy Shop Media Plan- A Project
 
Media Kit
Media KitMedia Kit
Media Kit
 
COM 270 - final
COM 270 - finalCOM 270 - final
COM 270 - final
 
top10
top10top10
top10
 
Blacksburg Bagels Final Report
Blacksburg Bagels Final Report Blacksburg Bagels Final Report
Blacksburg Bagels Final Report
 
Blacksburg Bagels Final Report - Mktg 4154
Blacksburg Bagels Final Report - Mktg 4154Blacksburg Bagels Final Report - Mktg 4154
Blacksburg Bagels Final Report - Mktg 4154
 
Unit 1 - Sharmin
Unit 1 - SharminUnit 1 - Sharmin
Unit 1 - Sharmin
 

Final Plansbook

  • 1. Main Street Sweets Plans Book By Jillian Hammell, Ariana Buzzelli, Marisa Brossard, Dan Dickinson & Nick Hooper
  • 2. ; 2 Lorem Ipsum Dolor Spring 2016 2 We would like to thank to Main Street Sweets and especially the owner Jody Stephan for letting us research her business and answer any questions that we had about the bakery. We learned from this experience that no matter what you feel like eating, whether it is sweets or sandwiches, Main Street Sweets has it all. The current target market of Main Street Sweets includes older, working-class people, but we want our target market to expand to include college students. The main problem is, that market doesn’t know about Main Street Sweets. We began studying the psychographics of the consumers and what was made clear was the current consumers of Main Street Sweets were satisfied with their food. Since our team is in the target market’s age group we are trying to reach, we have extensive knowledge on what we need to do to reach the new target market and show them that Main Street Sweets is worth their while. We will uncover the reasons our target market doesn’t purchase food at Main Street Sweets and we will come to prove to our target markets that Main Street Sweets is a convenient and delicious way to eat. Executive Summary
  • 3. ; 3 Lorem Ipsum Dolor Spring 2016 3 Relevant History Advertisements featured in The Olean Times Herald. Situation Analysis Jody Stephan, an Allegany citizen, opened Main Street Sweets in June 2011. She had worked in restaurants and for catering companies in the past, but was quickly bored. Stephan knew she had the talent and desire to create something of her own. She saw the need for a bakery in the area, considering most people purchased their baked goods at the nearest retail corporations such as Wal- Mart and Tops. Stephan hoped consumers would view her bakery as higher quality with a friendlier atmosphere as well as fair pricing. Within the past three years that the bakery has been open, she has not done much advertising. In the beginning of her endeavor, Stephan assumed that since there are no other bakeries in the area, and that the small blue and white building was in prime location, customers would naturally come to her. There was an article in The Olean Times Herald Newspaper regarding their opening. Also, The Mountain radio station promised her airtime in return for a dollar-saver promotion, which she has not recorded yet. Stephan had no numbers to share as far as an advertising budget because of the lack of any formal advertising. As far as social media, Main Street Sweets has a basic website featuring store hours, contact information, a menu, catering services and a few pictures as a visual for her work. Main Street Sweets is also on Facebook, Tumblr and 1
  • 4. ; 4 Lorem Ipsum Dolor Spring 2016 4 Relevant History continued… Product Evaluation you are there.” Main Street Sweets has plenty of products and services to offer, the problem is that no one knows what specifically those products and services are. With creative advertising, Main Street Sweets has the potential to be an incredibly successful business. Main Street Sweets is a small, family owned bakery located on 61 East Main Street in Allegany. The bakery has an extensive menu that offers not only specialty sweets, but breakfast and lunch specials as well. Stephan needs to advertise to her customers that not only should they stop in on the rare occasion that they need a birthday cake, but also on any given day for lunch to choose from a long list of soups and salad, Main Street Sweets stands out among the competition for expanding their menus beyond basic baked goods like cookies and brownies. They are also the only place in the area that offers organic coffee, which is something Stephan is proud of and wants her customers to know. Stephan needs to inform her current and prospective customers about the different meal options, baked goods including cake and catering 2
  • 5. ; 5 Lorem Ipsum Dolor Spring 2016 5 Product Evaluation continued… On top of preparing delicious meals and baked goods, the bakery offers services such as catering and delivery. If the parents of Bonaventure students knew that they could have cakes and cookies delivered to their children on campus, Stephan’s business would grow tremendously. With fall being the busiest season, Stephan would benefit from advertising back-to-school promotions and specials to St. Bonaventure and JCC students who are moving back to school. By effectively advertising to college students, Stephan would gain a great deal of customers. Considering that her products cost no more than Wal-Mart’s, there is no reason why potential customers would choose a large retail corporation over her friendly, family owned, higher quality bake shop. It’s simply a matter of getting the word out about her high- quality products for fair prices. She currently caters to the two doctors offices in Allegany, but if she advertised to surrounding towns, she could dramatically increase her clientele. Main Street Sweets is a small blue and white building that unfortunately doesn’t stand out. The logo is a generic blue and white cupcake and they currently do not have a slogan. By creating a memorable logo and slogan, the bakery would instantly gain popularity and stand out to potential customers. Stephan is reluctant to the idea and doesn’t see how a logo change would be profitable. Hopefully after Stephan sees a few sketches, she will understand that an upgraded logo would make a difference to the customers the bakery attracts.(Original logo) 3
  • 6. ; 6 Lorem Ipsum Dolor Spring 2016 6 Consumer Evaluation Main Street Sweets has several target markets. The primary target market includes the students of St. Bonaventure University, which we plan on aiming the majority of our advertising efforts toward. As an example, lets take Pete. Pete is a 21-year-old senior studying business at Bonaventure. He comes from an upper-middle class family that lives in a nice suburban neighborhood outside of Rochester. He currently lives in an off-campus apartment on Main Street in Allegany with four of his closest friends. He is lucky enough to have parents who are paying for his college education as well as providing him with some spending money. Pete is very social and spends most of his free time As twenty-year-old boys, Pete and his roommates often eat out to avoid cooking for themselves and having to do their own dishes. If Pete and his roommates wanted to grab lunch and were sick of fast food joints like McDonalds and Subway, they could enjoy a quick, inexpensive Panini at the bakery and top it off with a delectable desert. If Pete was in a rush but wanted to get breakfast on his way to school, he could stop in the bakery conveniently on his way to class to get a blueberry muffin and a coffee. When Pete and his girlfriend celebrate their sixth month anniversary, he immediately thinks to take her to the bakery to split a slice of red velvet cake, which is her favorite. Target market 1 4
  • 7. ; 7 Lorem Ipsum Dolor Spring 2016 7 Consumer Evaluation continued…The second target market involves the parents of St. Bonaventure students. Let’s say Mary and Mike are sending their only child, Kate, back to college. Kate has received plenty of Main Street Sweets advertisements in her P.O. Box and mentions the bakery to her parents. Also, Main Street Sweets takes the initiative to produce fliers and post them around campus. When Kate’s parents walk around school, the posters catch their eye. Kate’s 18th birthday is in early September, and it upsets her parents that they can’t be there with her and celebrate as they do every year. Mike remembers from the fliers that the bakery delivers. He calls to have a birthday cake delivered to Devereux, where Kate lives this year. When first semester finals role around and Kate calls her parents stressed out, they feel bad they can’t be there with her and have the bakery deliver her a chocolate chip cookie and hot coffee to get her through her late night study session. The third target market Main Street Sweets is trying to reach includes the citizens of Olean and Allegany, who reside there all year long as opposed to students who are only there eight months out of the year. Bridget is a 26- year-old Olean High School graduate that lives in town with her husband and two children. They have a modest income but work hard to give their children the best life they can. Bridget stops at Main Street Sweets every morning on her way to work bec aus Target market 3 Target market 2 5
  • 8. ; 8 Lorem Ipsum Dolor Spring 2016 8 Consumer Evaluation continued…According to Yelp, the popular eatery review website, Main Street Sweets maintains a 4.5 star rating out of 5. However, only three votes were cast. The reviews on the website raved about the “delicious cheesecake” and “awesome cupcakes, brownies and cookies.” This positive attitude may be beneficial for the brand, but it is also important to gain more customers and outreach. Consumers are slightly more interactive on the bakery’s social media platforms including Instagram and Facebook. Main Street Sweets has approximately 1,900 friends on Facebook and receives feedback on status updates/pictures of new baked goods. The Instagram account, which has not been updated since March of 2014, has received a slim amount of likes on each picture—approximately 5- 20. The consumers that have heard of Main Street Sweets and visited the bakery posted excellent reviews. However, since customer outreach needs more work, chains located within Olean are currently taking business away. Wal- Mart, the main grocery store in Olean, also provides baked goods. Yet, it is still possible to influence these customers. Many college students (prospects) visit Wal-Mart to grab their weekly groceries. This demographic may desire to branch out and spend their time and money at a local business with high quality treats. 6 (Picturestaken fromInstagram account:@mainstsweets)
  • 9. ; 9 Lorem Ipsum Dolor Spring 2016 9 Direct Competition: Tim Horton’s, Dunkin Donuts, Linger Longer café and Starbucks (Café La Verna). Competitive Analysis Indirect Competition: McDonald’s, Burger King, Subway and Wal-Mart. Competitive Expenditures: McDonald’s, an indirect competitor, has spent over $1 billion on advertisements (Forbes). Burger King has worked with a $400 million budget (ABC News). These advertisements are able to reach millions of people and enlighten individuals about their products and service. Competitive Advertising Themes: Some advertising themes include McDonald’s slogan “I’m Lovin’ It” and Burger Kings’ “Have It Your Way.” These messages entice consumers to choose their product and reap the benefits. Competitive Sales Promotions: Dunkin Donuts and Tim Hortons send coupons to St. Bonaventure students’ P.O. box. They use these coupons to bring in students looking to save money on a fast meal. Also, Subway offers a rewards The weaknesses include their lack of social media. Although Linger Longer has a presence on Facebook, they do not interact with their audience nor post content consistently. Competitive Packaging: McDonald’s has taken the initiative to follow more environmentally friendly guidelines. McDonald’s has faced pressure in the past regarding packaging and waste. Now, they abide by reducing, reusing and recycling. This idea allows customers to feel as though they are being responsible when purchasing their products, which is ultimately a strength. Also, Tim Hortons, Dunkin Donuts and 7
  • 10. ; 10 Lorem Ipsum Dolor Spring 2016 10 Competitive Analysis continued… 8
  • 11. ; 11 Lorem Ipsum Dolor Spring 2016 11 Brand Awareness The bakery/café is known as the place to stop for sweet treats. However, the eatery’s current consumers hold that assumption. The adult customer that has time to stop in enjoys Main Street Sweets, but many others do not know what the business offers. Our first marketing objective is to let the new target market (college students & on-the-go parents) know what Main Street Sweets is all about. Measure and Increase Social Media Main Street Sweets currently has a Facebook and Instagram account. With approximately 1,900 friends on Facebook and 90 followers on Instagram, the amount of online users keeping up with the bakery needs to increase. Creating stronger social media platforms will help with the user outreach, building relationships and maintaining interactivity. Increase Sales Go Mobile Since the new target market values convenience, mobile devices would be the main source of online traffic. Rather than relying on a desktop to bring you to the bakery’s social media, the consumer can click on an app and automatically be brought to the catering/delivery service. While they are there, they can also view the menu options and read reviews of potential meal Main Street Sweets target audience includes only a fraction of the local population. According to the US Census, Allegany is made up of 19% of individuals from ages 25- 44 while Olean covers 27% of that age group. St. Bonaventure University includes over 2,000 students. If Main Street Sweets targets this demographic, Main Street Sweets can increase its sales by almost 50%. Advertising Recommendations 9
  • 12. ; 12 Lorem Ipsum Dolor Spring 2016 12 Key Fact: Obtain more unique visitors to online content and create awareness of the Main Street Sweets brand. Primary marketing problem:Main Street Sweets offers desirable products and services that so many people would take advantage of if they simply knew about them. The bakery needs to increase awareness about the extent of their menu and the services they offer on a daily basis. Communications objective:Motivate consumers to visit the website, social media platforms, the actual location and stimulate purchases. Advertising Communications Objective 10
  • 13. ; 13 Lorem Ipsum Dolor Spring 2016 13 The creative strategy for Main Street Sweet’s advertising campaign will revolve around their slogan, It will also feature the new logo to stimulate brand recognition. Execution: Social media sites will feature regular and interactive content. Contests for upcoming events such as the “Cake-Off” will be advertised on Twitter, Facebook and Instagram through colorful banner ads. Lighthearted, creative and aesthetically pleasing content will be on display. Seen on page 12. Radio ads broadcasted through WSBU’s The Buzz. The radio channel is not limited to St. Bonaventure students. Olean and Allegany residents nearby may listen to the broadcast as well and tune in to listen to the latest tunes or wait to hear the specials offered at Main Street Sweets. Seen on page 13. Newspaper ads in The Olean Times Herald and The Bona Venture will include information about specials and promotions. For the fall season, when students show their student ID and purchase a medium cup of coffee, they will receive a free pastry. They may chose from a brownie to a decorative sugar cookie. Seen on page 13. Fliers posted around the university’s campus and throughout local neighborhoods. Handing out fliers is a great way to maintain a personal and friendly relationship with potential customers. A simple conversation while handing out a flier can lead to further discussion about the business and possibly a visit. Seen on Creative Strategy 11
  • 14. ; 14 Lorem Ipsum Dolor Spring 2016 14 Facebook banners: Executions 12 Fliers:
  • 15. ; 15 Lorem Ipsum Dolor Spring 2016 15 Newspaper advertisement App banner Radio script (displayed on mobile devices) Person 1: “Man, that class went on and on! My stomach was grumbling the whole time. I think it was louder than the professor.” Person 2: “Same here. I could really go for something sweet and filling.” Person 1: “I could go for something that keeps my stomach quiet.” Person 2: “Hey, what about Main Street Sweets? I heard they have brownies, cakes, pies, paninis, coffee… Do you want me to continue?” Person 1: “It’s settled.” Person 2: “Oh, I forgot to mention their fair prices. How about a three cheese panini for only $4.99?” Person 1: “I’m ready when you are!” Person 2: stomach grumbles “Pipe down, we’re on our way now!” Cues jingle “Main Street Sweets, the tastiest treats in town.” Executions continued… 13
  • 16. ; 16 Lorem Ipsum Dolor Spring 2016 16 Media Plan Types of Media Paid Earned Owned Pai dOur paid media will inform the consumer about the possible products/services we can offer them. This form of advertising will include daily or weekly specials and promotions to reach out to the public. Only 20% of the budget will be dedicated to these efforts. We would like to focus on a more non-traditional form of advertising in order to interact with consumers and build relationships and brand loyalty. Earne dThe 30-second radio spot on WSBU’s The Buzz is part of our earned media. Since it is free of cost, we are able to spread the word without sacrificing the budget. If Main Street Sweets keeps up with their customers and continues to offer them a fair and enjoyable service, blog reviews and forum posts may surface. These reviews can make or break a business if it involves low- Owne dOwned media is 50% of the budget because we are focusing on the connection between Main Street Sweets and the consumer. Through social media, Stephan can reach out to her customers in a fast and convenient manner. Also, this type of media would help with mobile-usage. The new target market’s primary source of communication is mainly through text messaging. In 14
  • 17. ; 17 Lorem Ipsum Dolor Spring 2016 17 The media classes selected will include broadcasting, print, social and tangible fliers. Since Main Street Sweets is a local business and aims to create a neighborhood- like feel, a national introduction is not necessary. All media will be kept local and primarily in Olean and Allegany areas. Most of the budget will be dedicated to media featured all year round, however, the months of fall are significant. Since college students are heading back to school, we want to make sure they know where to go when they want to pick up a scrumptious and affordable snack or drink. During this busy season, students are getting back into the swing of school and can rely on Main Street Sweets to have treats ready for them after a long day in school. Media Strategy 15
  • 18. ; 18 Lorem Ipsum Dolor Spring 2016 18 Sales Promotion Executions and Recommendations The Cake-Off EventThis event will include a cake-decorating contest, which will take place at the Main Street Sweets location. Consumers that are interested in the competition must register online. The event will provide competitors the tools necessary to decorate a cake including icing, ingredients, cake décor and more. After the competition, users will vote for the best cake on Facebook. Whoever receives the most amount of likes, will be awarded a $100 cash prize. BelleRuche Bridal Boutique and Cutco will sponsor the event. The event will be advertised on Facebook. Facebook banner ads (included in the Executions section), will allow users to click on the ad to receive further information about “The Cake-Off.” $1-off deals Free Treats During the back- to-school season (August-September), the “Welcome Back” promotion offers St. Bonaventure students a free cookie with any coffee purchase. In October, families that bring their children in Halloween costume to the Main Street Sweets location will receive free candy and a baked good.From March-June, Main Street Sweets will offer $1 off every baked good with a purchase of our unique product, organic coffee. With the purchase of a combo meal (soup and sandwich), the consumer can get $1 off any drink. 16
  • 19. ; 19 Lorem Ipsum Dolor Spring 2016 19 Evaluations/ Conclusions The success of the advertising promotions will be measured by the increase in sales based on each individual promotion method. This will tell us which area of promotion was most successful so we can re- allocate money to where it is going to be most productive. With the radio and newspaper ads, we are looking to increase awareness of the bakeries products and services to our primary and tertiary target markets, the college students and the middle-age Our mobile advertising strategy will require us to use a geo-demographic segmentation to find popular app use in the area. With these results, we will be able to best purchase ad space on those applications in order to advertise more efficiently to our target market. Our Facebook banner ad will be instructed to appear after visiting Main Street Sweets Facebook page. As of now, the bakery only reaches around 5% of our target market. With these sales promotions, we hope to raise awareness and increase sales by 35% by Fall 2016, exactly one year after we begin our aggressive promotion plans in the Fall of 2015. With our free social media campaign, which includes Facebook, Twitter, and Instagram, we plan to increase awareness on social media by 75%. 17
  • 20. ; 20 Lorem Ipsum Dolor Spring 2016 20 Table of Contents I. Executive Summary II. Situation Analysis…pgs. 1-8 III. Advertising Recommendations…pgs. 9-13 Target Market Advertising Communications Objective Creative Strategy VI. Media Plan…pgs. 14-15 VII. Sales Promotion & Recommendations…pg. 16 VIII. Evaluations/Conclusions…pg. 17
  • 21. Fusce ac ligula a magna bibendum tempus. Vestibulum cursus turpis eget velit. Integer lorem. Sed libero sem, rutrum vitae, nonummy et, pretium eget, diam. In tristique auctor mi. Fusce sit amet augue. Praesent elementum volutpat lectus. Cras sollicitudin sem eget magna. Sed iaculis erat imperdiet velit. Aliquam vehicula, mauris at pharetra semper, dui arcu lobortis lorem, non faucibus ligula elit vel magna. Aliquam eleifend, mauris velpellentesque elementum, massa augue convallisligula, vestibulum cursus pede lectus at nunc. Sed iaculis massa non tortor. Mauris interdum tincidunt lacus. Donec sit amet velit. Pellentesque congue pharetra est. In ligula arcu, dapibus ac, auctor non, bibendum sit amet, elit. Nullam vel nisl id eros bibendum commodo. Lorem Ipsum Dolor [Street Address] [City], [State][Postal Code] [Web Address] [Recipient] Address Line 1 Address Line 2 Address Line 3 Address Line 4 Spring 2016