DIY Cardboard Speaker Final Presentation XUYAN  YAN
Product Description The DIY Cardboard Speaker is a fully functional speaker which contains a high quality cardboard template and sound electronic components.  It is  light weighted  and  collapsible.  This speaker is a USB powered product, no battery needed.  It can be connected to any PC and MP3 player.
Consumers :  Thoughts about product
Market research 64% of the interviewees would not believe the sound quality of the speaker would satisfy their need. half of the interviewees would not believe the cardboard would satisfy their needs. Need to target at those people who care less about the sound quality.
Target Audience    family with children   -->             -->     Those group people actually care less about the sound quality but more about the product design  and DIY fun. craft hobbyists
Brand Positioning
Market structure Chart
Competitive Frame
Perceptual Maps
Perceptual Maps
Perceptual Maps
Source of Volume Adjusted the value according to the research of product improvement.
BASES Analysis Target audience based on population in US.- IBISWorld Trial rate, repeat rate and units per purchase based on customer survey. Make a breif assumption about ACV and awareness according to the case study
CONCEPT BOARD
Concept Board  - Old one -  Too much words. -  mess pictures confuse people. -  not really appealing to the new target audience -  people do not get clear idea about the design of products
Revised Concept Board
TagLine Yes, You can, make your own speaker.
  Market Roll out plan
High Opportunity Markets In big eco cities, more children possess an MP3 player or an PC which the DIY speaker can connect with. Those children have more experience and interests on electronics and entertainment technologies. Besides, parents in big cities are more willing to provide younger children  with the gadgets available on store shelves.  So we will start from top 5 cities in U.S New York, NY Boston, MA Seattle, WA Chicago, IL San Francisco, CA
Roll - out Plan First, start in high opportunity markets cities. Then expand to the highly populated eco cities in the U.S
Market Plans and ideas
launch website DIYcardboardspeaker.com people can search us in the internet, get more info,  ask question about products , share design ideas and  send feedback.
public relations program Create buzz and word-of-mouth  blogging in the popular craft fan/family events/ gifts website. http://www.kaboose.com/ http://www. familycrafts .com/ http://blog.craftzine.com/ http://www.giftgallery. com/
public relations program Articles in  Craft /Family/ Gifts  Magizines and news papers great way to drive buzz. Articles will run before big holidays - Christmas
Product Awareness Event " Speaker crowdsourcing contest " for creative children/craft fan to make their own papercraft speakers. the Winning design will be put in production
Craft Show Events Attend the craft show events in the high opportunity cities. we can reach lots of craft hobbyists and give out some samples.
Sampling Program in- school sampling Give samples to elementary schools to offer to students as a price in school contest/fairs.
Integrated Marketing Flowchart
5 Year Volume Forecast Assumption: At year1, assume the sales just reach the volume in the worst case. Over 4 years, the retail sales reach the best case of volume forcast. At year 4, the success of branding bring a huge sale increase.
Go Right Generate great brand awareness via our PR program and advertising. Sampling program and show events attract more audience group. Design-contest get huge public attention. DIY paper speaker become the most popular family activity product.
Go Wrong the sound quality may not satisfy the need of children or craft hobbyists. Price of raw materials go up and cuts margins. Price may be too low to convince consumers about the quality of our products.

Final Presentation

  • 1.
    DIY Cardboard SpeakerFinal Presentation XUYAN YAN
  • 2.
    Product Description TheDIY Cardboard Speaker is a fully functional speaker which contains a high quality cardboard template and sound electronic components. It is light weighted and collapsible. This speaker is a USB powered product, no battery needed. It can be connected to any PC and MP3 player.
  • 3.
    Consumers : Thoughts about product
  • 4.
    Market research 64%of the interviewees would not believe the sound quality of the speaker would satisfy their need. half of the interviewees would not believe the cardboard would satisfy their needs. Need to target at those people who care less about the sound quality.
  • 5.
    Target Audience family with children --> --> Those group people actually care less about the sound quality but more about the product design and DIY fun. craft hobbyists
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
    Source of VolumeAdjusted the value according to the research of product improvement.
  • 13.
    BASES Analysis Targetaudience based on population in US.- IBISWorld Trial rate, repeat rate and units per purchase based on customer survey. Make a breif assumption about ACV and awareness according to the case study
  • 14.
  • 15.
    Concept Board - Old one - Too much words. - mess pictures confuse people. - not really appealing to the new target audience - people do not get clear idea about the design of products
  • 16.
  • 17.
    TagLine Yes, Youcan, make your own speaker.
  • 18.
    MarketRoll out plan
  • 19.
    High Opportunity MarketsIn big eco cities, more children possess an MP3 player or an PC which the DIY speaker can connect with. Those children have more experience and interests on electronics and entertainment technologies. Besides, parents in big cities are more willing to provide younger children with the gadgets available on store shelves. So we will start from top 5 cities in U.S New York, NY Boston, MA Seattle, WA Chicago, IL San Francisco, CA
  • 20.
    Roll - outPlan First, start in high opportunity markets cities. Then expand to the highly populated eco cities in the U.S
  • 21.
  • 22.
    launch website DIYcardboardspeaker.compeople can search us in the internet, get more info, ask question about products , share design ideas and send feedback.
  • 23.
    public relations programCreate buzz and word-of-mouth blogging in the popular craft fan/family events/ gifts website. http://www.kaboose.com/ http://www. familycrafts .com/ http://blog.craftzine.com/ http://www.giftgallery. com/
  • 24.
    public relations programArticles in Craft /Family/ Gifts Magizines and news papers great way to drive buzz. Articles will run before big holidays - Christmas
  • 25.
    Product Awareness Event" Speaker crowdsourcing contest " for creative children/craft fan to make their own papercraft speakers. the Winning design will be put in production
  • 26.
    Craft Show EventsAttend the craft show events in the high opportunity cities. we can reach lots of craft hobbyists and give out some samples.
  • 27.
    Sampling Program in-school sampling Give samples to elementary schools to offer to students as a price in school contest/fairs.
  • 28.
  • 29.
    5 Year VolumeForecast Assumption: At year1, assume the sales just reach the volume in the worst case. Over 4 years, the retail sales reach the best case of volume forcast. At year 4, the success of branding bring a huge sale increase.
  • 30.
    Go Right Generategreat brand awareness via our PR program and advertising. Sampling program and show events attract more audience group. Design-contest get huge public attention. DIY paper speaker become the most popular family activity product.
  • 31.
    Go Wrong thesound quality may not satisfy the need of children or craft hobbyists. Price of raw materials go up and cuts margins. Price may be too low to convince consumers about the quality of our products.