SlideShare a Scribd company logo
1 of 21
M K 4 4 7 - T E A M 1
M I C H A E L B E N E D Y K C I U K
E N A S E L M A N O V I C
C H R I S T Y W O O D
Y I G E W U
ON THE MENU
1
2
3
4
5
6
Thesis
Data Collection Issues
Evaluation
Perfecting the Experiment
Results
Responsibility Breakdown
THESIS:
JP LICKS SHOULD EXPAND
JP Licks
Bos t on c om pan y wi t h pas s i on f or t h e c om m u n i t y
Have they been
successful in
maintaining brand
image?
Should they open new
locations or make a new
revenue stream?
How would they keep
their local feel?
OUR TEAM
Breakdown of Responsibility
Wu
Boylston Location
Exit Polls
Management
Interview
Market Analysis
Ena
Boylston Location
Exit Polls
Management
Interview
Market Analysis
Mike
Coolidge Corner
Location
Management
Interview
Data Analysis
Christy
Survey &
Questionnaire
Formation
Brand Research
DATA COLLECTION DETAIL
Boylston Street
4/9/16, 4:30-6:00 pm
• 16 exit polls
• 1 manager interview
Coolidge Corner
4/14/16, 8:30-10:00 pm
• 40 exit polls
• 1 manager interview
Method: Interview
Qualitative
Completion time = 15 minutes
Managerial Interview
Nick has worked at Boylston location for 6 weeks
Kerri has worked at Coolidge Corner for 2 months
Customer exit poll surveys
10 questions + demographic
Quantitative
Method: Exit Poll
Completion time < 5 minutes
INSERT EXAMPLE FROM SURVEY HERE
Would You buy JP Licks in Stores?
42 13 1 56
YES NO MAYBE TOTAL
75%
EXIT POLL RESULTS
Are you a JP Licks Cow Card Member?
13 42 1 56
YES NO MAYBE TOTAL
23%
EXIT POLL RESULTS
Most Important Part of JP Licks Brand to You
9 17 27 3
Commitment
to Community
Convenient
Location
Range of
Products
Availability
Cow Card
Rewards
Program
Commitment to community not as important as we thought
EXIT POLL RESULTS
How did you initially hear about JP Licks?
26 24 0 1
I live near a
location
Friends or
Colleagues
Social Media I attended an
event
Social Media is not attracting new visitors, only recurring ones
5
Others
EXIT POLL RESULTS
Only one customer said he
comes more than once a week
46% of respondents indicated they
would purchase JP Licks products more
often if there was a location closer to them
Location Insights
Labeled average spend at less
than $5, meaning the main
product of purchase is coffee
All 6respondents who consider themselves
“outside of the Greater Boston area” said they
would purchase more often
Customer Insights
Lots of
Freedom
85%
Ice Cream
Rush Hour
Depends on
Location
High
Repeat
Purchase
9pm
To
Midnight
Varying in
Age &
Demographics
Multiple
Location
• 2 management interviews
• Strikingly similar responses
Management Insights
Management Insights
Primary
Differentiators
Service &
high quality
ingredients
Marketing
Strategy
Make customer
happy and deliver
premium ice
cream and service
Location
Expansion
JP Licks plans to
add more locations
in the Greater
Boston area
Retail
Location
Placing products
into retail locations
has been given
some thought
Conclusion
SHOULD
Place product in
greater Boston
area
supermarkets
SHOULD
NOT
No conclusive
evidence to
support
opening any
more new
branches
outside
Greater
Boston Area
Revisiting the Thesis
Massachusetts is 26-50%
above the national
average, 4th top
consuming state
Potential to take
advantage of
increasing “local” and
“organic” trend
90% of households in the
U.S. regularly buy frozen
goods and ice cream
4th Top State
Local & Organic
26 Liters
90% Households
The U.S. is the top consumer
of ice cream in the world,
with each person consuming
26 liters of ice cream per
year
Retail Market Opportunity
Under Perfect Conditions
1 2 3
Much More Responses
Observe key differences
between most senior
managers and newest
managers
Collect more polls of
consumers from outside
Greater Boston
Equal amounts of
responses from all locations,
and at different times of the
day
Interview All Managers More Polls from Non-Locals
THANK YOU
Appendix A
Appendix B

More Related Content

Similar to MK447_Team1_Final

Social media and multichannel consumer
Social media and multichannel consumerSocial media and multichannel consumer
Social media and multichannel consumerBarry Dalton
 
Growing your school through Inbound Marketing
Growing your school through Inbound MarketingGrowing your school through Inbound Marketing
Growing your school through Inbound MarketingSchola Inbound Marketing
 
The Contstant Contact Toolkit - 20minute.academy
The Contstant Contact Toolkit - 20minute.academyThe Contstant Contact Toolkit - 20minute.academy
The Contstant Contact Toolkit - 20minute.academyFrithjof Petscheleit
 
The usage of subliminal messages in advertising: an empirical investigation ...
The usage of subliminal messages in advertising:  an empirical investigation ...The usage of subliminal messages in advertising:  an empirical investigation ...
The usage of subliminal messages in advertising: an empirical investigation ...Target Research
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media MarketingGeorge Sloane
 
Dawson bo a - nfp synergy, michele madden and jennifer shea
Dawson   bo a - nfp synergy, michele madden and jennifer sheaDawson   bo a - nfp synergy, michele madden and jennifer shea
Dawson bo a - nfp synergy, michele madden and jennifer sheaCharityComms
 
What’s New and What’s Next: Innovation in Lifecycle Marketing
What’s New and What’s Next: Innovation in Lifecycle MarketingWhat’s New and What’s Next: Innovation in Lifecycle Marketing
What’s New and What’s Next: Innovation in Lifecycle MarketingTinuiti
 
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...Lynn Ackerman, Ph.D.
 
Brookton's Market Public Relations Campaign
Brookton's Market Public Relations Campaign Brookton's Market Public Relations Campaign
Brookton's Market Public Relations Campaign Alison Teadore
 
Practical ways to boost strategy execution
Practical ways to boost strategy executionPractical ways to boost strategy execution
Practical ways to boost strategy executionAchieveIt
 
Marketing Channels 101
Marketing Channels 101Marketing Channels 101
Marketing Channels 101Amanda Sutt
 
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxMarketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxendawalling
 
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxMarketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxalfredacavx97
 

Similar to MK447_Team1_Final (20)

Social media and multichannel consumer
Social media and multichannel consumerSocial media and multichannel consumer
Social media and multichannel consumer
 
Tipping Point for Scouting
Tipping Point for ScoutingTipping Point for Scouting
Tipping Point for Scouting
 
Saloniki Greek
Saloniki GreekSaloniki Greek
Saloniki Greek
 
Growing your school through Inbound Marketing
Growing your school through Inbound MarketingGrowing your school through Inbound Marketing
Growing your school through Inbound Marketing
 
The Contstant Contact Toolkit - 20minute.academy
The Contstant Contact Toolkit - 20minute.academyThe Contstant Contact Toolkit - 20minute.academy
The Contstant Contact Toolkit - 20minute.academy
 
The usage of subliminal messages in advertising: an empirical investigation ...
The usage of subliminal messages in advertising:  an empirical investigation ...The usage of subliminal messages in advertising:  an empirical investigation ...
The usage of subliminal messages in advertising: an empirical investigation ...
 
CALPACT New Media Webinar: Social Media Measurement and Evaluation
CALPACT New Media Webinar: Social Media Measurement and EvaluationCALPACT New Media Webinar: Social Media Measurement and Evaluation
CALPACT New Media Webinar: Social Media Measurement and Evaluation
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Dawson bo a - nfp synergy, michele madden and jennifer shea
Dawson   bo a - nfp synergy, michele madden and jennifer sheaDawson   bo a - nfp synergy, michele madden and jennifer shea
Dawson bo a - nfp synergy, michele madden and jennifer shea
 
What’s New and What’s Next: Innovation in Lifecycle Marketing
What’s New and What’s Next: Innovation in Lifecycle MarketingWhat’s New and What’s Next: Innovation in Lifecycle Marketing
What’s New and What’s Next: Innovation in Lifecycle Marketing
 
Coffee Chug Marketing Plan
Coffee Chug Marketing PlanCoffee Chug Marketing Plan
Coffee Chug Marketing Plan
 
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...
Sensight Surveys - Delight and Retain Your Senior Living Residents and Staff ...
 
Brookton's Market Public Relations Campaign
Brookton's Market Public Relations Campaign Brookton's Market Public Relations Campaign
Brookton's Market Public Relations Campaign
 
Content Marketing
Content MarketingContent Marketing
Content Marketing
 
Practical ways to boost strategy execution
Practical ways to boost strategy executionPractical ways to boost strategy execution
Practical ways to boost strategy execution
 
Marketing Channels 101
Marketing Channels 101Marketing Channels 101
Marketing Channels 101
 
Raise your team's engagement with agile re-boarding strategies!
Raise your team's engagement with agile re-boarding strategies!Raise your team's engagement with agile re-boarding strategies!
Raise your team's engagement with agile re-boarding strategies!
 
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxMarketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
 
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docxMarketing Research 1 of 3Marketing Research 2 of 3Market.docx
Marketing Research 1 of 3Marketing Research 2 of 3Market.docx
 
Ideal Brand Plan
Ideal Brand PlanIdeal Brand Plan
Ideal Brand Plan
 

MK447_Team1_Final

  • 1. M K 4 4 7 - T E A M 1 M I C H A E L B E N E D Y K C I U K E N A S E L M A N O V I C C H R I S T Y W O O D Y I G E W U
  • 2. ON THE MENU 1 2 3 4 5 6 Thesis Data Collection Issues Evaluation Perfecting the Experiment Results Responsibility Breakdown
  • 4. JP Licks Bos t on c om pan y wi t h pas s i on f or t h e c om m u n i t y Have they been successful in maintaining brand image? Should they open new locations or make a new revenue stream? How would they keep their local feel?
  • 5. OUR TEAM Breakdown of Responsibility Wu Boylston Location Exit Polls Management Interview Market Analysis Ena Boylston Location Exit Polls Management Interview Market Analysis Mike Coolidge Corner Location Management Interview Data Analysis Christy Survey & Questionnaire Formation Brand Research
  • 6. DATA COLLECTION DETAIL Boylston Street 4/9/16, 4:30-6:00 pm • 16 exit polls • 1 manager interview Coolidge Corner 4/14/16, 8:30-10:00 pm • 40 exit polls • 1 manager interview
  • 7. Method: Interview Qualitative Completion time = 15 minutes Managerial Interview Nick has worked at Boylston location for 6 weeks Kerri has worked at Coolidge Corner for 2 months
  • 8. Customer exit poll surveys 10 questions + demographic Quantitative Method: Exit Poll Completion time < 5 minutes INSERT EXAMPLE FROM SURVEY HERE
  • 9. Would You buy JP Licks in Stores? 42 13 1 56 YES NO MAYBE TOTAL 75% EXIT POLL RESULTS
  • 10. Are you a JP Licks Cow Card Member? 13 42 1 56 YES NO MAYBE TOTAL 23% EXIT POLL RESULTS
  • 11. Most Important Part of JP Licks Brand to You 9 17 27 3 Commitment to Community Convenient Location Range of Products Availability Cow Card Rewards Program Commitment to community not as important as we thought EXIT POLL RESULTS
  • 12. How did you initially hear about JP Licks? 26 24 0 1 I live near a location Friends or Colleagues Social Media I attended an event Social Media is not attracting new visitors, only recurring ones 5 Others EXIT POLL RESULTS
  • 13. Only one customer said he comes more than once a week 46% of respondents indicated they would purchase JP Licks products more often if there was a location closer to them Location Insights Labeled average spend at less than $5, meaning the main product of purchase is coffee All 6respondents who consider themselves “outside of the Greater Boston area” said they would purchase more often Customer Insights
  • 14. Lots of Freedom 85% Ice Cream Rush Hour Depends on Location High Repeat Purchase 9pm To Midnight Varying in Age & Demographics Multiple Location • 2 management interviews • Strikingly similar responses Management Insights
  • 15. Management Insights Primary Differentiators Service & high quality ingredients Marketing Strategy Make customer happy and deliver premium ice cream and service Location Expansion JP Licks plans to add more locations in the Greater Boston area Retail Location Placing products into retail locations has been given some thought
  • 16. Conclusion SHOULD Place product in greater Boston area supermarkets SHOULD NOT No conclusive evidence to support opening any more new branches outside Greater Boston Area Revisiting the Thesis
  • 17. Massachusetts is 26-50% above the national average, 4th top consuming state Potential to take advantage of increasing “local” and “organic” trend 90% of households in the U.S. regularly buy frozen goods and ice cream 4th Top State Local & Organic 26 Liters 90% Households The U.S. is the top consumer of ice cream in the world, with each person consuming 26 liters of ice cream per year Retail Market Opportunity
  • 18. Under Perfect Conditions 1 2 3 Much More Responses Observe key differences between most senior managers and newest managers Collect more polls of consumers from outside Greater Boston Equal amounts of responses from all locations, and at different times of the day Interview All Managers More Polls from Non-Locals

Editor's Notes

  1. JP Licks is a Boston based company with a passion for the community. Have they been successful in maintaining their brand image? Should they expand even further, either by opening new locations or creating a new revenue stream? If they were to expand, how would they keep their ‘local’ feel?
  2. Ena – Boylston Location Exit Polls, Management Interview, Market Analysis Wu – Boylston Location Exit Polls, Management Interview, Market Analysis Christy – Coolidge Corner Location Exit Polls, Management Interview Mike – Coolidge Corner Location Management Interview, Data Analysis Collectively – Survey & Questionnaire Formation, Brand Research
  3. Qualitative: Managerial interviews Nick has worked at Boylston Location for 6 weeks, Somerville previously Kerri has worked at Coolidge Corner for 2 months, Newton Center previously (2.5 years) Method: 2 people per manager 1 person- asking questions 1 person- writing down answers and any extra notes about interview Completion time: 15 minutes
  4. Customer exit poll surveys 10 questions + demographics Method: Find customers sitting and ask to take survey When completed return to us or wait for us to come to you Completion time: < 5 minutes
  5. 75% of customers currently eating JP Licks ice cream would buy it in stores
  6. Cow Card Rewards Program is rather ineffective
  7. Commitment to community not as important as we thought
  8. Shows that social media is not attracting new visitors, only recurring ones
  9. Other Key Findings 46% of respondents indicated they would purchase JP Licks products more often if there was a location closer to them All 6 respondents who consider themselves “outside of the Greater Boston area” said they would purchase more often Only one customer said he comes more than once a week Labeled average spend at less than $5, meaning the main product of purchase is coffee
  10. Both managers had experience at multiple locations The managers are given lots of freedom in running the store Ice cream sales are about 85% of sales at each location Rush hours depend on location and other businesses in area Coolidge Corner, based on theater and dinner rushes Usually 9pm - Midnight High amount of regulars, varying in age and demographics
  11. Primary differentiators: service and high quality ingredients (local, kosher) Marketing strategy from manager perspective: focus on making the customer happy each day and delivering premium ice cream and service. The advertising will come from WOM and/or CSR-related activities. JP Licks plans to add more locations in the Greater Boston area Placing products into retail locations has been given some thought (upper management)
  12. Should not open new locations No conclusive evidence to support opening any more new branches outside Greater Boston Area Should place products in Greater Boston Area supermarkets
  13. The U.S. is the top consumer of ice cream in the world, with each person consuming 26 liters of ice cream per year Massachusetts is 26-50% above the national average, 4th top consuming state 90% of households in the U.S. regularly buy frozen goods and ice cream Potential to take advantage of increasing “local” and “organic” trend
  14. Get a lot more exit poll responses Equal amounts of responses from all locations, and at different times of the day Interview managers from each location Observe key differences between most senior managers and newest managers Collect more polls of consumers from outside Greater Boston Eventually, JP Licks may want to expand outside of Boston