Wednesday, June 15, 2016
Tuesday, June 14, 2016
Wednesday, June 8, 2016
Week 10 EOC: Roadmap to Success
List of 10 things I need to accomplish or have complete by next week to get an A in the Class:
- I need to make sure I catch up on my reading and have a good understanding of the content on chapters 6-10.
- I need to make sure I have all 50 of my tweets, currently I have 45 so I just need to do my last remaining 5.
- I need to make sure all of my EOC's are completed and correct, currently I have all of my EOC's done. I think I need to go back and redo the EOC for week 9 though because I was misinformed by a fellow classmate as to what it was supposed to be.
- I need to double check and make sure my blog is all caught up (which it should be) but there is no harm in doing a little double checking.
- I need to prepare for the final exam, that includes studying and doing my reading and etc.
- I need to have a strong final project, currently my project is coming along okay. I still need to do more work on it though if I want to get an A in this class. I need to finish my 10 blog posts, some of them are already completed and others I have started. I also need to have my 20 quotes, currently I have around 13.
- I also need to have my creative content complete for the project. I have decided on doing a radio commercial and I should have no issue getting that recorded.
- I need to make sure I come up with a proper Phileas Fogg logo for my project.
- I also need to have a package designed for my product.
- last but not least, I just need to come to class prepared and ready with all of the previous things listed completed.
Thursday, June 2, 2016
Week 9: EOC: What I Am Doing For My Final Project
For my final project I have decided to do either a radio
commercial or a video commercial. I haven’t really worked out the specifics of
what I want to do for the commercial quite yet; it will probably be something
unscripted. The commercial will be 30 to 45 seconds long. I’m not one hundred
percent sure what I want to do exactly for it, but I do have a few ideas. My
first idea is a very simple idea but I have some interesting ways I would like
to edit it to make it interesting. The idea involves 2 men at a bar, a
bartender and a customer. The customer character would have to act somewhat
like a child, when he enters the scene he would ask for some Guyros, as if
that were the only reason that he even went to the bar. The bartender would
reply telling the customer that if he wanted to get a taste of the delicious
salty cheesey goodness of the Guyro then he would have to buy a drink. Again
acting like a child the customer would ask the bartender “why is the Guyro so
special?” in response the bartender explained how delicious the Guyro were
and that the reason for most of his customers was simply because of the
delicious snack. He wanted people to buy at least one drink before they could
purchase a Guyro that way his chances of making more money were better. That
is one of the ideas I had, it sounds extremely simply but that is done purposefully,
there is humor in the simplicity of it and I think it would turn out to be a
funny video if I could somehow pull it off. The major challenge of this is just
finding a place to shoot.
Wednesday, May 25, 2016
EOC: Week 8: The Adventure
While on his journey around the world Phileas Fogg found
himself in Greece, although he was in a hurry to get to his
next destination he had to eat something. The only place still open that he
could grab a bite at was a bar. As he sat down at the bar the bartender walked
over to him to ask if he wanted anything. Phileas looked up to see the most beautiful
girl he had ever laid eyes on. He was speechless for a brief moment, the
bartender asked him again what she could get him. Phileas asked what they had to eat,
and the only thing they had were snack foods. While going through the snacks
they had, she kept mentioning a new snack they had that they were trying out. He
asked the woman what was so special about the snack and she told him that it
was made with her own hands. Phileas immediately thought that this would be a
great way to connect with her, so he got some. She brought some for him to try
and the moment he took his first bite he felt invinsible. Suddenly the ground began
to shake, they were in an earthquake! The ceiling began to crack and crumble to
the ground. Everyone quickly hid under tables. Before Phileas even thought about hiding he
noticed a piece of ceiling about to fall onto the beautiful bartender. He leapt
over the table and tackled her to safety. The ground quit trembling and the
woman looked up at Phileas with stars in her eyes. He saved her life. She asked if there was anything she could do for him, his only response was “How about some more of those Gyro Bites.” Thus resulting in the most manly of bar snack foods: the Guyro.
Implementation Evaluation Control
"Through implementation, the company turns the plans into actions." (Marketing: An Introduction p.54) “Companies can
gain competitive advantages through effective implementation.”
(Marketing: An Introduction p. 57) With this concept in mind, I think it is extremely valuable to ask people in your target market what they think about the idea. A lot of my family are sports fans and many go to bars and sport bars. I was surprised with the positive response I received. Mostly everyone said they would try it, they thought the theme behind Guyros was pretty clever and would excel in the correct environment. I think if Guyros were a real product it would be fairly successful if it were executed properly.
Price
"Price is the sum of all the values that customers give up in
order to gain the benefits of having or using a product or service."
(Marketing: An Introduction p.275) Price is a
touchy subject when looking at any product, the price shouldn’t be too daunting
for a consumer that may be interested in your product. For Guyros our product
will mostly be sold in bars and sports bars/restaurants. “Smart managers treat
pricing as a key strategic tool for creating and capturing customer value.”
(Marketing: An Introduction p.274).
When evaluating the price for Guyros I was thinking about a price that is
closer to that of an appetizer you’d see at a restaurant.
Promotion
All avenues of promotion typically fall under two
basic promotion strategies. "Marketers can choose from
two basic promotion mix strategies—push promotion or pull promotion." (Marketing: An Introduction p. 384)
With Guyros primarily being sold in bars and sport bars as
an appetizer or snack food, we have decided to take a push promotion
strategy; "a promotion strategy that calls for using the sales
force and trade promotion to push the product through channels" (Marketing:
An Introduction p. 384). This means that our primary source of promotion will come
from our partners and the bars and sports bars that we work with. I think this
is the best way for us to promote the product considering we have such a narrow
demographic. The most logical option is to focus our promotion in the very
place we plan to sell the product. We could also promote ourselves on local rock and alternative radio stations.
Distribution
"Multichannel distribution system - A distribution system in which a single firm sets up two or more marketing channels to reach one or more customer segments." (Marketing: An Introduction p.319) Distribution seems to be a primary concern for the Guyro product. We would probably start in a local scene and begin by shipping directly to the bars, and sport bars. "...many companies have used imaginative distribution systems to gain a competitive advantage." (Marketing: An Introduction p. 311) If the product begins to show success it would be wise to ship our product along with everything else being shipped to the bars/sport bars to cause less complications in the distribution process. This may be tricky if we expand our product further in the US but I think we could manage.
Product
A product is: "Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need." (Marketing: An Introduction p.208). Guyros are an interesting product, it isn't just a food, it isn't just a complimentary food to go with alcohol. When the consumer takes their first bite of a Guyro we want it to be part of the experience of going to a bar or sport bar with some buddies. “Quality has a direct impact on product or service performance." (Marketing: An Introduction p. 214). We want Guyros to be a high quality delicious and intense snack that will replace chips and other salty snacks when people make a trip to the bar or sport bar with friends.
Target Market Strategy
"Companies can target very broadly (undifferentiated marketing), very narrowly (micromarketing), or somewhere in between (differentiated or concentrated marketing)." (Marketing: An Introduction p. 186)
I think we would market Guyros on more of a micromarketing level. The entire theme behind Guyros revolves around the experience of hanging out with friends at a bar or sports bar. “Consumer purchases are influenced strongly by cultural, social, personal, and psychological characteristics..." (Marketing: an Introduction p. 137). The experience of watching a sporting event with a bunch of friends is something Guyros thrive on, we want further that experience for the consumer and make it more enjoyable. “Observational research involves gathering primary data by observing relevant people, actions, and situations.” (Marketing: an Introduction p. 110). To make sure that this theme would be successful, we would have to do some observational research within these environments to be 100% sure.
I think we would market Guyros on more of a micromarketing level. The entire theme behind Guyros revolves around the experience of hanging out with friends at a bar or sports bar. “Consumer purchases are influenced strongly by cultural, social, personal, and psychological characteristics..." (Marketing: an Introduction p. 137). The experience of watching a sporting event with a bunch of friends is something Guyros thrive on, we want further that experience for the consumer and make it more enjoyable. “Observational research involves gathering primary data by observing relevant people, actions, and situations.” (Marketing: an Introduction p. 110). To make sure that this theme would be successful, we would have to do some observational research within these environments to be 100% sure.
Situation or SWOT Analysis
"The marketer should conduct a SWOT analysis, by which it evaluates
the company’s overall strengths (S), weaknesses (W), opportunities (O), and
threats (T)". (Marketing: An Introduction p. 54)
“Strengths include internal capabilities, resources, positive situational factors that may help the company to serve its customers and achieve its objectives.” (Marketing: An Introduction p. 54). Our primary demographic that would your stereotypical jock a “manly man” or even the consumer that enjoys that lifestyle. These people would be very prominent within a sport bar environment. This theme would be our strength. “Weaknesses include internal limitations and negative situational factors that may interfere with the company’s performance.” (Marketing: An Introduction p. 54), our weakness would probably be bars that don't tend to this demographic very. Luckily for us, most of our partners will probably be sport bars specifically. “Opportunities are favorable factors or trends in the external environment that the company may be able to exploit to its advantage.” (Marketing: An Introduction p. 54). We have many opportunities to work with various bars and sports bars to
bring an intensely delicious snack to their customers that will
leave them wanting more. “Threats are unfavorable external factors or trends that may present challenges to performance.” (Marketing: An Introduction p. 54) I think possible threats we may face would probably involve dealing with the bars and sports bars and making negotiations with them.
Objectives
"Some companies offer less service than their competitors and charge a lower price. Other companies offer more service and charge higher prices to cover higher costs." (Marketing: An Introduction p.329) The idea of Guyros revolves around the experience, we want to enhance the experience of hanging out with friends at the bar. To make this possible it we would want a good quality snack but not have the price be overbearing for a group of friends to get their snack on.
Business Mission Statement
"A mission statement is a statement of the organization’s purpose—what it wants to accomplish in the larger environment. " (Marketing: An Introduction p.39)
“An organization exists to accomplish something, and this purpose should be clearly stated.” (Marketing: An Introduction p. 39)
Phileas Fogg became the manliest man to walk the earth, and it all started with a bet. A bet amongst his friends that he couldn't travel across the world in 80 days; despite the odds he took the challenge head on! From the manliest man comes the manliest snacks, inspired by all cultures across the world to give our consumers a sense of power and spontaneousness around their friends!
“An organization exists to accomplish something, and this purpose should be clearly stated.” (Marketing: An Introduction p. 39)
Phileas Fogg became the manliest man to walk the earth, and it all started with a bet. A bet amongst his friends that he couldn't travel across the world in 80 days; despite the odds he took the challenge head on! From the manliest man comes the manliest snacks, inspired by all cultures across the world to give our consumers a sense of power and spontaneousness around their friends!
Thursday, May 19, 2016
EOC: Week 7: The Pitch
The adult friendly snack that I have come up with is a Greek
Gyro style potato stick filled with cheese and coated in a garlic flavored
spice rub. The culture that I came up with was from Greece. Greek food is
amazing and one of the top countries recommended when it comes to their
original food. That is one of the many reasons I chose Greece when looking at
different cultures. When people think of Greek food one of the main foods they
think of would most likely be the Gyro. So I decided to go to Greece with a
couple of my employees so we could see how it was really done. Upon arrival in
Greece we went on the search for the best Gyro in the country. We were given a
map of all the greatest Gyro restaurants; one after another, nothing really
impressed us. We had already started to think about making some other kind of
snack when we approached our final restaurant. This last restaurant was so
strange, it didn’t have a sign or anything on the building, we almost went
passed it. We went inside we were shocked to see that a rival restaurant was
holding the place hostage. Luckily they didn’t notice us, so we hurried to find
cover. Sadly, the only thing around happened to be the tortillas (they use for
the Gyros) we each grabbed a bag of them and decided if we didn’t fight then we
were as good as dead. So the 3 of us jumped back from behind the counter with
our package of tortillas and we assaulted the people holding the restaurant
hostage. Long story short, we won. As a reward, they made us free Gyros but
there were no tortillas, only fries, Kefalotyri cheese and tzatziki sauce.
Thursday, May 12, 2016
EOC: Week 6: 3 Items I Own That Define Me
I think that everything that someone owns reflects his or
her own personality in some specific way, this is also pretty accurate if you
were to look at it from a marketing standpoint. If I had to pick 3 items that I
own that would most accurately portray my personality in a marketing context,
the first item I would pick would probably be my “Phinehas” beanie. This would
require some research on their part probably, but Phinehas is an amazing Metal
band, not only that, they are my favorite band in the whole world. I wear my
Phinehas beanie pretty much everyday, everywhere regardless of where I am.
Their music and lyrics really synergize with me on a much deeper level than
other bands. If I saw this Phinehas beanie as a marketer, I would notice a
passion for metal music and the culture that comes with metal music. The next
item that I think I would pick might be my Blue Encore100 performance
microphone. The reason I would pick this is because it is the first item I
purchased from Sweetwater.com and the only microphone I have used to play shows
with my band The Light Upon Darkness. Sure I don’t use it for many other audio
projects but this item is something dear to me that I really have a connection
with. I think a marketer would look at this item and see a passion for music
and other audio related fields, especially if they noticed it was purchased
from Sweetwater.com. My last and final item would probably be World of
Warcraft. I have played World of Warcraft for 10 plus years and it is the
embodiment of my love for video games. Blizzard is my favorite gaming company
and I have been a WoW fanatic for years.
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