SlideShare a Scribd company logo
1 of 14
Jennifer Holm
Kasperi Putkonen
Adaobi Kanu
Christine Lee
Talked to 5
Wholesalers
Talked to 90
End-Users
Talked to 10
Retailers
Talked to 2
Beverage
Consultants
Conducted 40
Surveys
• We thought we’re
going to produce high-
end water and stylish
juices to cool, young
people
• We thought it needs to
be organic, CO2 neutral
and available in private
jets..
•But that idea didn’t survive the first customer contact
Key Partners Key Activities Value Proposition Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
Suppliers of Berries
Partnerships for Brand
Creation:
Materials
Design
Packaging
Marketing
Retail Partners:
Bars & Nightclubs
Hotels
Restaurants
"Off site" consumption
Grocery stores e.g. Dean
& Deluca
"On site" consumption
Sourcing of water
Sourcing of berries
Bottling and logistics
Making juice
Quality Control
The factory / bottling site
Intellectual resources: Brand
Human resources for:
Quality control
Product R&D
Sales / Customer relations
Provide the world's best
water and natural berry
juice
Design: fashionable
Status: High quality
high quality packaging
New flavors such as
cloudberry, lingonberry
and seabuckthorne
Natural, hand picked,
CO2 neutral
Provide the water and the
juice separately, let the
customer mix them
=> customization
On the go: Small juice &
bottles portability
Online communities for
co-creation of mixes, recipes
etc.
Awareness andEvalu:
Website and social media
After Sales:
website and social media
Key account managers
Mass Market product
premium/luxury
Urban consumers
Fashion savvy-/ Green
Target Segments:
Urban males and females
15-49, high end
restaurant / clubs / hotels
73% f, 27% m.
Consumers
1. Heavy Water Drinker
2. People who Juice
Retailers
1. Mass Market
2. Specialty food stores
Asset sales model
Predefined prices
Sales to wholesaler
On-line direct sales
Sourcing of berries (economies of scale)
Quality control
Marketing
Premium/luxury value proposition
Creating partnerships
Non Alcoholic Bev
$258B
Fruit-Drink Mixes
$1B
Fruit Juice
$5B
Berry Boost
$10M
(1% of Market)
Fruit-Drink Mixes:
$1B
Growth in concentrates
Mio 12.28% Market
Fresh Juices:
Projected 4%-8% growth
2011: Sales of bottled
fruit and veggie juices
$2.2B up 58%
National movement,
toward healthier eating
and organic
Bottled Water: $22B
Would you purchase
a shot of fresh berry
puree to mix with
water for both
nutrition boosting and
flavor-enhancing
purposes?
–70% yes,
-30% no
-
–Yes: ”Great way to
flavor water without
adding
calories/sugar/artifcial
sweeteners”
Needs not currently
met by existing
products, top three
1. Too much sugar
(65%)
2. Prefer more health
benefits (55%)
3. Prefer more natural
ingredients (45%)
Customers value
Mixing on-the-go
Portable Packaging
to be carried in
purse/pocket
Price Per Serving
WTP
$1.00 - 2.00
$2.00 - $3.00
Key Partners Key Activities Value Proposition Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
Suppliers of Berries
Partnerships for Brand
Creation:
Materials
Design
Packaging
Marketing
Distribution Partners:
Beverage Wholesalers
Retail Partners:
Bars & Nightclubs
Hotels
Restaurants
"Off site" consumption
Grocery stores e.g. Dean
& Deluca
"On site" consumption
Sourcing of water
Sourcing of berries
Bottling and logistics
Making juice
Quality Control
Maintaining Distributor
Relationships
Customer Relationships
The factory / bottling site
Intellectual resources: Brand
Human resources for:
Quality control
Product R&D
Sales / Customer relations
Provide the world's best
water and natural berry
juice
Design: fashionable
Status: High quality
high quality packaging
New flavors such as
cloudberry, lingonberry
and seabuckthorne
Natural, hand picked,
CO2 neutral
Provide the water and the
juice separately, let the
customer mix them
=> customization
On the go: Small juice &
bottles portability
Dedicated assistance to
wholesale distributors
Online communities for
co-creation of mixes, recipes
etc.
Samplings to get consumer
reactions
Awareness andEvalu:
Website and social media
Purchase and Delivery:
Wholesale Partners
After Sales:
website and social media
Key account managers
Mass Market product
premium/luxury
Urban consumers
Fashion savvy-/ Green
Target Segments:
Urban males and females
15-49, high end
restaurant / clubs / hotels
73% f, 27% m.
25-50+
Consumers
1. Heavy Water Drinker
2. People who Juice
Non- SweetDrinkers
Retailers
1. Mass Market
2. Specialty food stores
Asset sales model
Predefined prices
Sales to wholesaler
On-line direct sales
Sourcing of berries (economies of scale)
Quality control
Marketing
Premium/luxury value proposition
Creating partnerships
Donna:
The Water Lover
Jim:
The Juicer
Big Geyser:
The Bev Wholesaler
Looking to have
a diversified
beverage
portfolio to offer
their retail
partners
• Prefers water
• Active lifestyle
• Health Conscious
• Values Portability
The MiddlemanThe End-User
• Makes Juice at Home
• Willing to $pend
• Trendy
• Wants to try new
Superfruits!
• Low sugar
• Active lifestyle
• Health conscious
• Values portability
• Wants vitamins
•Fresh Ingredients
• 25-50+
Natasha:
The All-Naturalist
• Likes sugar
• Drinks soda
• Doesn't look at labels
• Young
Tommy:
The Sweet Tooth
Location:
96th St & Broadway
Consumers
Sampled: 70
Orders Placed:
5
Consumer Feedback:
Berry Boost: “More
Berry flavor”
“More Natural”
Mio... “I would rather
hump a dry cactus than
drink that garbage”
“Artificial – Too Sweet”
Funny after taste
Key Partners Key Activities Value Proposition Customer
Relationships
Customer Segments
ChannelsKey Resources
Revenue StreamsCost Structure
Suppliers of Juice
Partnerships for Brand
Creation:
Marketing
Design
Packaging
Materials
Distribution Partners:
Beverage Wholesalers
Retail Partners:
Bars & Nightclubs
Hotels
Restaurants
"Off site" consumption
Grocery stores e.g. Dean
& Deluca
"On site" consumption
Sourcing of water
Sourcing of berries
Bottling and logistics
Making juice
Marketing
Maintaining Distributor
Relationships
Customer Relationships
The factory / bottling site
Intellectual resources: Brand
Human resources for:
Quality control
Product R&D
Sales / Customer relations
Provide the world's best
water and berry juice
Design: fashionable
Status: High quality
The Story!!
New flavors such as
cloudberry, lingonberry
and seabuckthorne
hand picked, CO2 neutral
Organic
Provide the water and the
juice separately, let the
customer mix them
=> customization
On the go: Small juice &
bottles portability
Dedicated assistance to
wholesale distributors
Online communities for
co-creation of mixes, recipes
etc.
Samplings & consumer
education
E-Commerce
Website
Key account managers
Wholesale Partners
Direct at Events
Retailers
Mass Market product
premium/luxury
Urban consumers
Fashion savvy-/ Green
Target Segments:
Urban males and females
15-49, high end
restaurant / clubs / hotels
73% f, 27% m.
25-50+
Consumers
1. Heavy Water Drinker
2. People who Juice
Non- SweetDrinkers
Retailers
1. Mass Market
2. Specialty food stores
Asset sales model
Predefined prices
Sales to wholesaler
On-line direct sales
Sourcing of berries (economies of scale)
Quality control
Marketing
Premium/luxury value proposition
Creating partnerships
WHOLESALE
E-COMMERCE
DIRECT TO CONSUMERS
RETAIL
Fairway Market:
Organic Specialty
• In-Store Samplings
• Consumer Coupons
• Staff Trainings
• Deals
• Retailer Incentives
Natasha:
The All-Naturalist
Big Geyser:
The Bev Wholesaler
• Lots of samples
• Retailer Support
• Sales Support
• High Margins
• Sales Incentives
• Exclusivity
• Entertainment
Besides attracting consumers with a product/story, we need to be ready
to spend $$$ on wholesalers and on free samples for customer access.
80% of a product’s success comes from distribution/marketing!!
• Consumer POS
Items
• Event Sponsorships
• Website
• Marketing Materials
• Giveaways
• Coupons
COGS
Target Gross Margin
(40% of wholesale)
Distributor Margin
(30% of trade)
Retailer Margin
(50% of Retail Price)
Talked to 5
Wholesalers
Talked to 90
End-Users
Talked to 10
Retailers
Talked to 2
Beverage
Consultants
Access to distribution
crucial but costly;
Start with local growth
Outsource manufacturing
at the beginning
So what’s
important?
Create a story,
find your niche.
Then focus on
getting your
products to
customers.
Find relevant/niche
distribution partners;
Look into partnering with
bottled water firms
Marketing & Distribution
= 80% of the game
Conducted 40
Surveys
• Finding the niche: New hypothesis
• Hone in on the customer need
• Make sure we have the right segment and
the right value proposition
• Create the story
• Focus on channels and partnerships
• Throw the book from the ceiling of Warren
Hall when we have first 5000 clients waiting
for the beverages to ship

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BerryBoost Team9

  • 1. Jennifer Holm Kasperi Putkonen Adaobi Kanu Christine Lee Talked to 5 Wholesalers Talked to 90 End-Users Talked to 10 Retailers Talked to 2 Beverage Consultants Conducted 40 Surveys
  • 2. • We thought we’re going to produce high- end water and stylish juices to cool, young people • We thought it needs to be organic, CO2 neutral and available in private jets.. •But that idea didn’t survive the first customer contact
  • 3. Key Partners Key Activities Value Proposition Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure Suppliers of Berries Partnerships for Brand Creation: Materials Design Packaging Marketing Retail Partners: Bars & Nightclubs Hotels Restaurants "Off site" consumption Grocery stores e.g. Dean & Deluca "On site" consumption Sourcing of water Sourcing of berries Bottling and logistics Making juice Quality Control The factory / bottling site Intellectual resources: Brand Human resources for: Quality control Product R&D Sales / Customer relations Provide the world's best water and natural berry juice Design: fashionable Status: High quality high quality packaging New flavors such as cloudberry, lingonberry and seabuckthorne Natural, hand picked, CO2 neutral Provide the water and the juice separately, let the customer mix them => customization On the go: Small juice & bottles portability Online communities for co-creation of mixes, recipes etc. Awareness andEvalu: Website and social media After Sales: website and social media Key account managers Mass Market product premium/luxury Urban consumers Fashion savvy-/ Green Target Segments: Urban males and females 15-49, high end restaurant / clubs / hotels 73% f, 27% m. Consumers 1. Heavy Water Drinker 2. People who Juice Retailers 1. Mass Market 2. Specialty food stores Asset sales model Predefined prices Sales to wholesaler On-line direct sales Sourcing of berries (economies of scale) Quality control Marketing Premium/luxury value proposition Creating partnerships
  • 4. Non Alcoholic Bev $258B Fruit-Drink Mixes $1B Fruit Juice $5B Berry Boost $10M (1% of Market) Fruit-Drink Mixes: $1B Growth in concentrates Mio 12.28% Market Fresh Juices: Projected 4%-8% growth 2011: Sales of bottled fruit and veggie juices $2.2B up 58% National movement, toward healthier eating and organic Bottled Water: $22B
  • 5. Would you purchase a shot of fresh berry puree to mix with water for both nutrition boosting and flavor-enhancing purposes? –70% yes, -30% no - –Yes: ”Great way to flavor water without adding calories/sugar/artifcial sweeteners” Needs not currently met by existing products, top three 1. Too much sugar (65%) 2. Prefer more health benefits (55%) 3. Prefer more natural ingredients (45%) Customers value Mixing on-the-go Portable Packaging to be carried in purse/pocket Price Per Serving WTP $1.00 - 2.00 $2.00 - $3.00
  • 6. Key Partners Key Activities Value Proposition Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure Suppliers of Berries Partnerships for Brand Creation: Materials Design Packaging Marketing Distribution Partners: Beverage Wholesalers Retail Partners: Bars & Nightclubs Hotels Restaurants "Off site" consumption Grocery stores e.g. Dean & Deluca "On site" consumption Sourcing of water Sourcing of berries Bottling and logistics Making juice Quality Control Maintaining Distributor Relationships Customer Relationships The factory / bottling site Intellectual resources: Brand Human resources for: Quality control Product R&D Sales / Customer relations Provide the world's best water and natural berry juice Design: fashionable Status: High quality high quality packaging New flavors such as cloudberry, lingonberry and seabuckthorne Natural, hand picked, CO2 neutral Provide the water and the juice separately, let the customer mix them => customization On the go: Small juice & bottles portability Dedicated assistance to wholesale distributors Online communities for co-creation of mixes, recipes etc. Samplings to get consumer reactions Awareness andEvalu: Website and social media Purchase and Delivery: Wholesale Partners After Sales: website and social media Key account managers Mass Market product premium/luxury Urban consumers Fashion savvy-/ Green Target Segments: Urban males and females 15-49, high end restaurant / clubs / hotels 73% f, 27% m. 25-50+ Consumers 1. Heavy Water Drinker 2. People who Juice Non- SweetDrinkers Retailers 1. Mass Market 2. Specialty food stores Asset sales model Predefined prices Sales to wholesaler On-line direct sales Sourcing of berries (economies of scale) Quality control Marketing Premium/luxury value proposition Creating partnerships
  • 7. Donna: The Water Lover Jim: The Juicer Big Geyser: The Bev Wholesaler Looking to have a diversified beverage portfolio to offer their retail partners • Prefers water • Active lifestyle • Health Conscious • Values Portability The MiddlemanThe End-User • Makes Juice at Home • Willing to $pend • Trendy • Wants to try new Superfruits! • Low sugar • Active lifestyle • Health conscious • Values portability • Wants vitamins •Fresh Ingredients • 25-50+ Natasha: The All-Naturalist • Likes sugar • Drinks soda • Doesn't look at labels • Young Tommy: The Sweet Tooth
  • 8. Location: 96th St & Broadway Consumers Sampled: 70 Orders Placed: 5 Consumer Feedback: Berry Boost: “More Berry flavor” “More Natural” Mio... “I would rather hump a dry cactus than drink that garbage” “Artificial – Too Sweet” Funny after taste
  • 9. Key Partners Key Activities Value Proposition Customer Relationships Customer Segments ChannelsKey Resources Revenue StreamsCost Structure Suppliers of Juice Partnerships for Brand Creation: Marketing Design Packaging Materials Distribution Partners: Beverage Wholesalers Retail Partners: Bars & Nightclubs Hotels Restaurants "Off site" consumption Grocery stores e.g. Dean & Deluca "On site" consumption Sourcing of water Sourcing of berries Bottling and logistics Making juice Marketing Maintaining Distributor Relationships Customer Relationships The factory / bottling site Intellectual resources: Brand Human resources for: Quality control Product R&D Sales / Customer relations Provide the world's best water and berry juice Design: fashionable Status: High quality The Story!! New flavors such as cloudberry, lingonberry and seabuckthorne hand picked, CO2 neutral Organic Provide the water and the juice separately, let the customer mix them => customization On the go: Small juice & bottles portability Dedicated assistance to wholesale distributors Online communities for co-creation of mixes, recipes etc. Samplings & consumer education E-Commerce Website Key account managers Wholesale Partners Direct at Events Retailers Mass Market product premium/luxury Urban consumers Fashion savvy-/ Green Target Segments: Urban males and females 15-49, high end restaurant / clubs / hotels 73% f, 27% m. 25-50+ Consumers 1. Heavy Water Drinker 2. People who Juice Non- SweetDrinkers Retailers 1. Mass Market 2. Specialty food stores Asset sales model Predefined prices Sales to wholesaler On-line direct sales Sourcing of berries (economies of scale) Quality control Marketing Premium/luxury value proposition Creating partnerships
  • 11. Fairway Market: Organic Specialty • In-Store Samplings • Consumer Coupons • Staff Trainings • Deals • Retailer Incentives Natasha: The All-Naturalist Big Geyser: The Bev Wholesaler • Lots of samples • Retailer Support • Sales Support • High Margins • Sales Incentives • Exclusivity • Entertainment Besides attracting consumers with a product/story, we need to be ready to spend $$$ on wholesalers and on free samples for customer access. 80% of a product’s success comes from distribution/marketing!! • Consumer POS Items • Event Sponsorships • Website • Marketing Materials • Giveaways • Coupons
  • 12. COGS Target Gross Margin (40% of wholesale) Distributor Margin (30% of trade) Retailer Margin (50% of Retail Price)
  • 13. Talked to 5 Wholesalers Talked to 90 End-Users Talked to 10 Retailers Talked to 2 Beverage Consultants Access to distribution crucial but costly; Start with local growth Outsource manufacturing at the beginning So what’s important? Create a story, find your niche. Then focus on getting your products to customers. Find relevant/niche distribution partners; Look into partnering with bottled water firms Marketing & Distribution = 80% of the game Conducted 40 Surveys
  • 14. • Finding the niche: New hypothesis • Hone in on the customer need • Make sure we have the right segment and the right value proposition • Create the story • Focus on channels and partnerships • Throw the book from the ceiling of Warren Hall when we have first 5000 clients waiting for the beverages to ship