SlideShare a Scribd company logo
1 of 14
An OnlinePacificIslander Community
BumaBul
a
BumaBul
a
Who We Are
• www.bulabuma.com
– Drop-ship retail store
– Searchable business listings
– Lifestyle blog with ad space
• Start-up, LLC (S-Corp)
• Mission: Build and foster Polynesianculture in America
• Vision: A place for allto partake in PacificIslander
language,art, musicand dance
BumaBul
a
Values and Goals
Values
• Authenticity
• Economic health
• Honesty
• Growth and
Advancement of
Polynesian Culture
• Encouraging
individuality, talent,
creativity and teamwork
GoalsandObjectives
In 5 years, BulaBumawill be the
#1 online resource in America for
pacificislander products,
services, and promotion.
BumaBul
a
Competitive
Advantage
Currently
• Majority of NHOPI-owned
businesses are small non-
employer entities
• Little to no online promotion
• Limited opportunities to grow
• Close-knit community
• Hard-to-find information
BulaBuma’s Value-Add
• Understands value of marketing
• Knows habits and motivating
factors of Pacific Islander
community
• Ability and skills to design
website
• Network to promote and sell
BulaBuma’s expertise
BumaBul
a
• NHOPI owned firms with $6.9B in
sales= approx. $981M
– 1.2million+ NHOPI=240,000families
spending $120Mi
– Cateredevent entertainment=$112M
Industry Analysis
Market Size
Social
• NHOPI 2nd fastest growing race group in U.S.
• Pacific Islanders are the largest minority group of
homeowners.
Legal
• Expanding Demographic Data
Economic
• NHOPI owned businesses grew 35% in the last ten
years
• Online sales have increased even as retail sales
have dropped
Political
• The promotion of American made products have
made importation of goods expensive and
impractical.
Technology
• Internet marketing is available to small businesses
at reasonable cost.
• Internet available everywhere; increasingly reliable
to shop and make purchases.
Customers & Competition
•NHOPI Small businesses, Pacific
Islanders, Party and Event planning
•Discount retailers, specialty retailers,
marketing firms, online marketing tools
and services
BumaBul
a
Customer
Analysis
•15-35
•Tech Savvy
•High School Graduates
•Mostly lives in Western U.S.
•Born in U.S. or young
immigrants
•Value humor, family, boldness
Pacific Islander
Millennials
•Older married couples
•Highly educated
•Large incomes
•Empty nesters
•Mostly live in Northeastern
U.S.
•Value professionalism, quality
Party & Event
Planners
•90% are small businesses
•Located largely in Hawaii and
Western and Southern U.S.
•Growing at rate triple the
national average
•Value price, individuality, ease,
and community
NHOPI
Businesses
BumaBul
a
Competitive Analysis
Competitors
• Polynesian Millennials
– Massmarket-retailers
in-storeandonline
• Event Planning
– Online referralservices
– Proevent planners
• Small Businesses
– Onlinemarketingtools
– DIY websites
•Consumers not
understanding
benefits
•Increased access
by competitors
•Inability for NHOPI
businesses to grow
or expand
•Not a large enough
interest in
products and
service
•Growing market
•Uneducated
consumers
•Utilizing connections
and expanded
networks
•Increased online
accessibility and
reliance
•Reasonable pricing
for online tools and
software
•Niche w/ small
market
•Can be replicated
•Several sources of
indirect
competition
•Tools and skills are
openly available
•Community
relations
•Customization
•Knowledge of
Internet Marketing
Techniques
•Established ties
•Untapped market
that is growing
S W
TO
BumaBul
a
Marketing Plan
Phase 1-Attracting Businesses
• Website design and navigation
• Search Engine Optimization
• Reciprocal links
• LinkedIn
• Blog
• GoogleAds/AdChoice
• Paid Search
Phase 2-Attracting Customers
• Sponsored Giveaways
• Social Media
– FacebookPageandAds
– TwitterCampaign
– PinterestCampaign
• Newsletter
• E-mail subscriptions
• Blog
• Discounted products
BumaBul
a
Pricing
Advertising
Deluxe Ad Package $25
Custom Listing - Photos, design
Leader board Blog Ad -
Newsletter Feature -
Blog Advertisements
728x90 Leader board $20
160x600 Banner $15
125x125 Banner $10
Searchable Business
Listing
Listing $1.50 Set up and first month
Custom listing $3.00 Set up and first month
Page hosted on site $10.00 Year listing
Store
Product Listing $0.50 per product and 3% of sale price as a transaction fee if product
sells.
BumaBul
a
Possible Products
BumaBul
a
Management TeamBumaBul
a
• Gaps/Growth
• Webmaster
• Customer Relations
Specialist
• Graphic Design
• Legal Advising
Ashley “Buma”Sokia
Owner/Operator
BumaBul
a
Website: Landing Page
BumaBul
aSearch Store Blog
BumaBul
a
Operations Plan
• Dailycontent creation
activities
– Blog
– Twitter
– Facebook
– Pinterest
– Polls
• Internet Marketing
– SEO/Online campaign
tracking
– E-mail lists
– Newsletters
• Business Activities
– BillingandAP
– CustomerRelations
– Recruitment
– Websiteupdates
• Milestones
– Websitebuilt09/01/12
– Fulllaunch11/05/12
– Expansion08/01/16
BumaBul
a
Financial Outline
• CriticalAssumptions
– $8,500 in sales for the first year
and continue to increase those
numbers.
– Keep expenses lower than
revenue after initial costs.
– BulaBuma will be awarded a
grant of at least $15000to cover
initial start-up costs.
• Breakevengoal by end ofyear 2
• FinancialGoals
(Year 4)
– 2000productslisted
– 1500businesseslisted
– 1,000+uniqueblog
visitors/day
– 2%market share of
retailsales
– Consistentlysellout
blogad space

More Related Content

Viewers also liked

L’Europe face au défi des stupéfiants
L’Europe face au défi des stupéfiantsL’Europe face au défi des stupéfiants
L’Europe face au défi des stupéfiantsDaniel Dufourt
 
Westminster is Coming Travel Presentation
Westminster is Coming Travel PresentationWestminster is Coming Travel Presentation
Westminster is Coming Travel PresentationAshley Sokia-Gordon
 
Kim Abbott- Turning Rubble into Rupees
Kim Abbott- Turning Rubble into RupeesKim Abbott- Turning Rubble into Rupees
Kim Abbott- Turning Rubble into RupeescommunityUOW
 
Economies interconnectees-cvm-synthese
Economies interconnectees-cvm-syntheseEconomies interconnectees-cvm-synthese
Economies interconnectees-cvm-syntheseDaniel Dufourt
 
Prof Michael Cuthill- University/Community Engagement in Australia
Prof Michael Cuthill- University/Community Engagement in AustraliaProf Michael Cuthill- University/Community Engagement in Australia
Prof Michael Cuthill- University/Community Engagement in AustraliacommunityUOW
 
UOW Community Engagement Symposium Program
UOW Community Engagement Symposium ProgramUOW Community Engagement Symposium Program
UOW Community Engagement Symposium ProgramcommunityUOW
 
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...Daniel Dufourt
 
ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13
 ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13 ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13
ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13Daniel Dufourt
 
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourCreating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourcommunityUOW
 
Stratégie oriental Site Beni Snassen
Stratégie oriental Site Beni SnassenStratégie oriental Site Beni Snassen
Stratégie oriental Site Beni SnassenAli Belhaj
 

Viewers also liked (11)

L’Europe face au défi des stupéfiants
L’Europe face au défi des stupéfiantsL’Europe face au défi des stupéfiants
L’Europe face au défi des stupéfiants
 
Westminster is Coming Travel Presentation
Westminster is Coming Travel PresentationWestminster is Coming Travel Presentation
Westminster is Coming Travel Presentation
 
Kim Abbott- Turning Rubble into Rupees
Kim Abbott- Turning Rubble into RupeesKim Abbott- Turning Rubble into Rupees
Kim Abbott- Turning Rubble into Rupees
 
Economies interconnectees-cvm-synthese
Economies interconnectees-cvm-syntheseEconomies interconnectees-cvm-synthese
Economies interconnectees-cvm-synthese
 
Prof Michael Cuthill- University/Community Engagement in Australia
Prof Michael Cuthill- University/Community Engagement in AustraliaProf Michael Cuthill- University/Community Engagement in Australia
Prof Michael Cuthill- University/Community Engagement in Australia
 
Present college
Present collegePresent college
Present college
 
UOW Community Engagement Symposium Program
UOW Community Engagement Symposium ProgramUOW Community Engagement Symposium Program
UOW Community Engagement Symposium Program
 
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...
Problèmes posés par une étude des sciences sociales et humaines, RISS, vol.16...
 
ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13
 ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13 ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13
ONU Corps brisés, coeurs meurtris OCHA-IRIN 2005,Chapitre 13
 
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate BehaviourCreating Shared Value - the Evolution of Capitalism and Corporate Behaviour
Creating Shared Value - the Evolution of Capitalism and Corporate Behaviour
 
Stratégie oriental Site Beni Snassen
Stratégie oriental Site Beni SnassenStratégie oriental Site Beni Snassen
Stratégie oriental Site Beni Snassen
 

Similar to Online Pacific Islander Community BulaBuma

NGO,Non Profits-Traditional Marketing in Digital Age
NGO,Non Profits-Traditional Marketing in Digital AgeNGO,Non Profits-Traditional Marketing in Digital Age
NGO,Non Profits-Traditional Marketing in Digital AgeAimi Aizal Nasharuddin
 
How to Use Your Website to Get More Leads
How to Use Your Website to Get More LeadsHow to Use Your Website to Get More Leads
How to Use Your Website to Get More LeadsLuna Web
 
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...Amy Atkinson Communications
 
Aim Open House Day Session Jane Toohey
Aim Open House Day Session Jane TooheyAim Open House Day Session Jane Toohey
Aim Open House Day Session Jane Tooheyjanetoohey
 
Why You Need a Social Media Presence
Why You Need a Social Media PresenceWhy You Need a Social Media Presence
Why You Need a Social Media PresenceBob Turner
 
1 the web as a marketing medium
1 the web as a marketing medium1 the web as a marketing medium
1 the web as a marketing mediumSheila McDonald
 
Social media and mobile marketing
Social media and mobile marketingSocial media and mobile marketing
Social media and mobile marketingJabari2000
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Planimedia
 
Opportunities And Scope of Promoting Businesses Of Bangladesh Using Ineternet
Opportunities And Scope of Promoting Businesses Of Bangladesh Using IneternetOpportunities And Scope of Promoting Businesses Of Bangladesh Using Ineternet
Opportunities And Scope of Promoting Businesses Of Bangladesh Using IneternetAbul Kashem
 
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteersbelugasocial
 
Ad:Venture Marketing Masterclass
Ad:Venture Marketing MasterclassAd:Venture Marketing Masterclass
Ad:Venture Marketing MasterclassJonny Ross
 
Cal poly pomona presentationvff mba digital marketing class - dr. shiele
Cal poly pomona presentationvff   mba digital marketing class - dr. shieleCal poly pomona presentationvff   mba digital marketing class - dr. shiele
Cal poly pomona presentationvff mba digital marketing class - dr. shielensqader
 
Grow Your Business With Facebook
Grow Your Business With FacebookGrow Your Business With Facebook
Grow Your Business With FacebookNick Eggleton
 
Entrepreneurial Marketing - MITPortugal Program May 2013
Entrepreneurial Marketing - MITPortugal Program May 2013Entrepreneurial Marketing - MITPortugal Program May 2013
Entrepreneurial Marketing - MITPortugal Program May 2013Frank Days
 

Similar to Online Pacific Islander Community BulaBuma (20)

NGO,Non Profits-Traditional Marketing in Digital Age
NGO,Non Profits-Traditional Marketing in Digital AgeNGO,Non Profits-Traditional Marketing in Digital Age
NGO,Non Profits-Traditional Marketing in Digital Age
 
How to Use Your Website to Get More Leads
How to Use Your Website to Get More LeadsHow to Use Your Website to Get More Leads
How to Use Your Website to Get More Leads
 
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...
Marketing for Nonprofits: Presentation to the Association of Fundraising Prof...
 
Aim Open House Day Session Jane Toohey
Aim Open House Day Session Jane TooheyAim Open House Day Session Jane Toohey
Aim Open House Day Session Jane Toohey
 
Why You Need a Social Media Presence
Why You Need a Social Media PresenceWhy You Need a Social Media Presence
Why You Need a Social Media Presence
 
1 the web as a marketing medium
1 the web as a marketing medium1 the web as a marketing medium
1 the web as a marketing medium
 
Social media and mobile marketing
Social media and mobile marketingSocial media and mobile marketing
Social media and mobile marketing
 
Media-Online Video
Media-Online VideoMedia-Online Video
Media-Online Video
 
Talent Attraction Webinar: Two Communities Talk Talent
Talent Attraction Webinar: Two Communities Talk TalentTalent Attraction Webinar: Two Communities Talk Talent
Talent Attraction Webinar: Two Communities Talk Talent
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015
 
Opportunities And Scope of Promoting Businesses Of Bangladesh Using Ineternet
Opportunities And Scope of Promoting Businesses Of Bangladesh Using IneternetOpportunities And Scope of Promoting Businesses Of Bangladesh Using Ineternet
Opportunities And Scope of Promoting Businesses Of Bangladesh Using Ineternet
 
Digital Marketing Workshop
Digital Marketing WorkshopDigital Marketing Workshop
Digital Marketing Workshop
 
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers
2.0 Volunteers: Adapting & Communicating with the Latest Version of Volunteers
 
Marketing on a Shoestring
Marketing on a ShoestringMarketing on a Shoestring
Marketing on a Shoestring
 
Marketing on a Shoestring
Marketing on a ShoestringMarketing on a Shoestring
Marketing on a Shoestring
 
Ad:Venture Marketing Masterclass
Ad:Venture Marketing MasterclassAd:Venture Marketing Masterclass
Ad:Venture Marketing Masterclass
 
Cal poly pomona presentationvff mba digital marketing class - dr. shiele
Cal poly pomona presentationvff   mba digital marketing class - dr. shieleCal poly pomona presentationvff   mba digital marketing class - dr. shiele
Cal poly pomona presentationvff mba digital marketing class - dr. shiele
 
Grow Your Business With Facebook
Grow Your Business With FacebookGrow Your Business With Facebook
Grow Your Business With Facebook
 
Client Presentation
Client PresentationClient Presentation
Client Presentation
 
Entrepreneurial Marketing - MITPortugal Program May 2013
Entrepreneurial Marketing - MITPortugal Program May 2013Entrepreneurial Marketing - MITPortugal Program May 2013
Entrepreneurial Marketing - MITPortugal Program May 2013
 

Online Pacific Islander Community BulaBuma

  • 2. BumaBul a Who We Are • www.bulabuma.com – Drop-ship retail store – Searchable business listings – Lifestyle blog with ad space • Start-up, LLC (S-Corp) • Mission: Build and foster Polynesianculture in America • Vision: A place for allto partake in PacificIslander language,art, musicand dance
  • 3. BumaBul a Values and Goals Values • Authenticity • Economic health • Honesty • Growth and Advancement of Polynesian Culture • Encouraging individuality, talent, creativity and teamwork GoalsandObjectives In 5 years, BulaBumawill be the #1 online resource in America for pacificislander products, services, and promotion.
  • 4. BumaBul a Competitive Advantage Currently • Majority of NHOPI-owned businesses are small non- employer entities • Little to no online promotion • Limited opportunities to grow • Close-knit community • Hard-to-find information BulaBuma’s Value-Add • Understands value of marketing • Knows habits and motivating factors of Pacific Islander community • Ability and skills to design website • Network to promote and sell BulaBuma’s expertise
  • 5. BumaBul a • NHOPI owned firms with $6.9B in sales= approx. $981M – 1.2million+ NHOPI=240,000families spending $120Mi – Cateredevent entertainment=$112M Industry Analysis Market Size Social • NHOPI 2nd fastest growing race group in U.S. • Pacific Islanders are the largest minority group of homeowners. Legal • Expanding Demographic Data Economic • NHOPI owned businesses grew 35% in the last ten years • Online sales have increased even as retail sales have dropped Political • The promotion of American made products have made importation of goods expensive and impractical. Technology • Internet marketing is available to small businesses at reasonable cost. • Internet available everywhere; increasingly reliable to shop and make purchases. Customers & Competition •NHOPI Small businesses, Pacific Islanders, Party and Event planning •Discount retailers, specialty retailers, marketing firms, online marketing tools and services
  • 6. BumaBul a Customer Analysis •15-35 •Tech Savvy •High School Graduates •Mostly lives in Western U.S. •Born in U.S. or young immigrants •Value humor, family, boldness Pacific Islander Millennials •Older married couples •Highly educated •Large incomes •Empty nesters •Mostly live in Northeastern U.S. •Value professionalism, quality Party & Event Planners •90% are small businesses •Located largely in Hawaii and Western and Southern U.S. •Growing at rate triple the national average •Value price, individuality, ease, and community NHOPI Businesses
  • 7. BumaBul a Competitive Analysis Competitors • Polynesian Millennials – Massmarket-retailers in-storeandonline • Event Planning – Online referralservices – Proevent planners • Small Businesses – Onlinemarketingtools – DIY websites •Consumers not understanding benefits •Increased access by competitors •Inability for NHOPI businesses to grow or expand •Not a large enough interest in products and service •Growing market •Uneducated consumers •Utilizing connections and expanded networks •Increased online accessibility and reliance •Reasonable pricing for online tools and software •Niche w/ small market •Can be replicated •Several sources of indirect competition •Tools and skills are openly available •Community relations •Customization •Knowledge of Internet Marketing Techniques •Established ties •Untapped market that is growing S W TO
  • 8. BumaBul a Marketing Plan Phase 1-Attracting Businesses • Website design and navigation • Search Engine Optimization • Reciprocal links • LinkedIn • Blog • GoogleAds/AdChoice • Paid Search Phase 2-Attracting Customers • Sponsored Giveaways • Social Media – FacebookPageandAds – TwitterCampaign – PinterestCampaign • Newsletter • E-mail subscriptions • Blog • Discounted products
  • 9. BumaBul a Pricing Advertising Deluxe Ad Package $25 Custom Listing - Photos, design Leader board Blog Ad - Newsletter Feature - Blog Advertisements 728x90 Leader board $20 160x600 Banner $15 125x125 Banner $10 Searchable Business Listing Listing $1.50 Set up and first month Custom listing $3.00 Set up and first month Page hosted on site $10.00 Year listing Store Product Listing $0.50 per product and 3% of sale price as a transaction fee if product sells.
  • 11. BumaBul a Management TeamBumaBul a • Gaps/Growth • Webmaster • Customer Relations Specialist • Graphic Design • Legal Advising Ashley “Buma”Sokia Owner/Operator
  • 13. BumaBul a Operations Plan • Dailycontent creation activities – Blog – Twitter – Facebook – Pinterest – Polls • Internet Marketing – SEO/Online campaign tracking – E-mail lists – Newsletters • Business Activities – BillingandAP – CustomerRelations – Recruitment – Websiteupdates • Milestones – Websitebuilt09/01/12 – Fulllaunch11/05/12 – Expansion08/01/16
  • 14. BumaBul a Financial Outline • CriticalAssumptions – $8,500 in sales for the first year and continue to increase those numbers. – Keep expenses lower than revenue after initial costs. – BulaBuma will be awarded a grant of at least $15000to cover initial start-up costs. • Breakevengoal by end ofyear 2 • FinancialGoals (Year 4) – 2000productslisted – 1500businesseslisted – 1,000+uniqueblog visitors/day – 2%market share of retailsales – Consistentlysellout blogad space

Editor's Notes

  1. In an effort to create and environment for Pacific Islander-Americans to connect to each other and foster their cultures, as well as provide them a place to start and grow their businesses within that community.
  2. Values The values of BulaBuma that will align with its practices are:   Focus on authenticity and quality Promote economic health of community Being honest with our fellow man Elevation of the Polynesian culture by providing opportunities for growth and advancement Encouraging individuality, talent, creativity and teamwork   Goals and Objectives In 5 years, BulaBuma will be the number one online resource in America for island products, services, and Pacific Islander entertainment. BulaBuma will become a model for other specialty websites for its ability to locate in-demand items, its superior customer service, and its innovative e-commerce practices. It will have created an efficient infrastructure for the connecting firms with their customer all around the United States. While having vivid and identifiable online brand, in the future it will also have an off-line market presence in cities with a major Polynesian population.
  3. It’s a cultural thing. They are not very good at self-promotion.
  4. Has grown 40% since 2000, NHOPI grow by 132% by 2050
  5. http://blackpearldesigns.net/index.html http://www.iliopolynesia.com/