As our final capstone project to each receive our M.A. in Global Marketing Communications and Advertising, our class of 29 students was split into teams of 5 and given 1 of three actual clients, all of which were facing an issue. Cape Pond Ice, the client in which my team was assigned, has a very fundamental issue in that it is an ice company responsible for supplying ice to fishing boats, in a rapidly declining fishing industry. With fewer and fewer boats needing ice, Cape Pond Ice is facing the end of its rope, as ice is its primary business. The company has dabbled in merchandise (tee-shirts, ball caps, sweatshirts, etc.,) due to the association Cape Pond Ice has to the major motion picture, The Perfect Storm. This association however, isn't strong enough to sustain the company any longer as the film is 14 years old and becoming less relevant. Our job for this project was to take Cape Pond Ice and figure out what we could do to save the company. We needed to think of a creative idea, and then figure out how we would carry that idea out from the budget and the objectives, to the strategies and everything in between. We needed to turn Cape Pond Ice upside down, and save it from going out of business. This is our final presentation.
10. The allure of Fishing
Fresh Seafood
Peace and quiet
History
Perfect Storm Association
St Peters carnival, Fishing festival
Art and Culture
Beautiful ride, scenic charm
WHAT BRINGS PEOPLE TO GLOUCESTER?
11.
12. Museum Experience
Ice Bar/ Ice Room
Story of Ice, Ice harvesting
History
Perfect Storm Association
Community Support
Merchandize, Store
Ice Tours
Ice Park with Ice slides
What else could we do?
WHAT BRINGS PEOPLE TO CAPE POND ICE?
14. CURIOSITY NOSTALGIA
VICARIOUS NOSTALGIA PERSONAL NOSTALGIA
“Wow! I wonder what that was like?” “I remember those days.”
IMAGINATION/FANTASY AUTOBIOGRAPHICAL
“What was it all like?” “I’ve seen my dad use this!”
SEARCH FOR AUTHENTICITY
Sensory Interactions,Immersive experience
POSITIVE EMOTIONS
Yearn for ages past, Reminisce, INTRIGUE
CONNECT WITH BRAND
ACTION
Buy an artifact of experience, ADVOCATE the brand
CONSUMER JOURNEY
16. MERCHANDISE EXPERIENCE
Museum
Ice Bar
Ice Room
Ice Park
Tour
Authentic
Classic,Timeless
Well Researched
Re-created artifacts
Historic
Fisherman, Sailors
INTEGRITY
Commemorative artifacts
Storybooks
Historic Artifacts
Interactive Components
EXPERIENCE
+
MERCHANDISE
+
POSSIBLE EXTENSIONS
17. CAPE POND ICE ROAD MAP
Current
Situation
New
Identity
Merchandising
Digital Portal
Ice House
Experience
26 Degree Bar
Beauport Hotel
Top Deck
Expanded Merchandise
Range
Full Experience
Online Collaborations
24. Digital Extensions
Physical stores?
Pop up stores
Collaborations- merchandize or ice
New distribution/ licensing models
s
Event marketing- winter sports
Social media
Portal as resellers
HOW WILL CAPE POND ICE EXTEND OUT?
26. OF ICE OF GLOUCESTER
Nature
Survival & Preservation
Mystique & Mystery
Beginning of Time (Ice Age)
Integrity
Transparent to Opaque
Textural
Transient and Ethereal
History
Innovation
Survival
Technology
Growth
Ties to Industry
(Fishing, Food, Storage)
Community
CHARACTERISTICS OF OUR EXPERIENCE
49. COMMEMORATIVE EXPERIENCE ORIENTED
Disney Land
Golfing trip
Spa
Sea World
Lego Land
Universal Studios
9/11
Boston Bombings
Titanic
Holocaust
Battle of Gettysburg
Historic events
Movie Themes
Rock Bands
Icons
Sports Teams
(Go Redsox!)
Legends
ENTERTAINMENT
RELATED
MERCHANDISE
73. DOWN THE ROAD: ICE EXTENSIONS
BEER COLLABORATION ICE CREAM COLLABORATION
74. BUDGET
MARKETING SPENDINGREVENUE FORECAST
YEAR 1: $ 702,840
YEAR 2: $ 1,208,220
YEAR 3: $ 1,872,330 PUBLIC RELATIONS: $ 45,000
PRINT ADS: $ 71,916
ONLINE ADS: $ 107,000
PROMOTIONS: $ 44,060
OUT OF HOME: $ 78,000
75. CAPE POND ICE ROAD MAP
Current
Situation
New
Identity
Merchandising
Digital Portal
Ice House
Experience
26 Degree Bar
Beauport Hotel
Deck Top
Expanded Merchandise
Range
Full Experience
Online Collaborations
Subsidized Loans and Grants
Private Equity Investment
76. “Ice contains a future and the past, sealed away.
As if they're alive, everything in the world is sealed
up inside, clear and distinct. Ice can preserve all
kinds of things that way- cleanly, clearly. That's
the essence of ice, the role it plays.”
Haruki Murakami, Blind Willow, Sleeping Woman