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Anthony, Eddy, Tomasz, Ashley, Reuben BREW2U
16

Brew2U final

Jan 23, 2015

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Business

Brew2U was a project for an Entrepreneurship course at the University of Illinois at Chicago. Brew2U is a service that offers craft beer tastings organized at your choice of venue. Whether for a birthday or office party or just a get together at your home, Brew2U delivers a wide variety of craft and local beer as well as knowledge about each brew so you can tailor your experience to your unique tastes.
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Page 1: Brew2U final

Anthony, Eddy, Tomasz, Ashley, Reuben

BREW2U

Page 2: Brew2U final

Presentation Overview

• Business Model• Competitive Analysis • SWOT Analysis• Market Analysis• Market Demographics & Segmentation• Marketing Mix & Promotions Mix• Finances • Feasibility

Page 3: Brew2U final

Business Model• Mobile beer tasting service• We deliver more than beer, we deliver an experience

Services• Private Beer Tastings• Corporate Beer Tastings• We offer education and entertainment• We can partner with breweries trying to expand their market share

Customers• NOT the ‘Beer Nerd’ community• Beer drinkers who want to learn more about craft beer

Page 4: Brew2U final

Competitors

Ale-Conner: Marty Nachel

Page 5: Brew2U final

Competitive Strategy

• A Differentiation Strategy:–Brew2U is a mobile beer tasting experience.

–More beer for less • A Niche Market:

–Brew2U will focus on craft beer

Page 6: Brew2U final

SWOT Analysis

Strengths• Experience in brewing and beer tasting.

• Easy access to information of craft beer and brewing

• Create a great party environment

Weaknesses• Lack of brand awareness.

• Brand reputation • Lack of experience in the craft beer business

Page 7: Brew2U final

SWOT Analysis Cont.

Opportunities • Low start-up capital

needed• Potentially large

market for women• Educating about craft

beer• Chicago is one of the

best cities for craft beer

• Improving economy will lead to quality products being favored over quantity

• Chicago is home to several breweries and allows partnership opportunities

• Growing craft beer market each year.

Threats• Economy• Legal Issues • Proximity of bars

Page 8: Brew2U final

Market Demographics• Potential Customers:

– Greater Chicago Area, our business model allows us to bring the experience to the consumer within a reasonable (30 miles) drivable distance.

• Corporate Events– “Corporates” want a new, fun and exciting experience to

motivate their colleagues and de-stress from their working environment. Brew2U would bring the experience to their workplace or desired location within the Chicago area.

• Educational Experience– “Interests” are more concerned with knowledge and

preparation of the beer itself. Brew2U would provide the beer tasting experience with our highly trained professional brewers to speak about ingredients, processing and give a basic insight into the world or craft beer.

• Party Planner– “Party goers” are less concerned with education, but more

concerned with providing a fun setting for a group of friends. Something to “mix it up” in their daily Friday routines. Brew2U would bring a new exciting experience to these consumers by keeping the environment light, enjoyable and a variety of new tastes.

Page 9: Brew2U final

Marketing Mix• Promotion:

– “Find your beer.” is our tagline for our marketing promotions and campaign.

• Promotion Mix:– Advertising:

• Guerilla Advertising• Word of Mouth• Social Media

– Public Relations:• Partnerships with local micro breweries

– Personal Sales:• Sole Proprietor seeks out business via cold calling corporate offices to explain value proposition.

Page 10: Brew2U final

Total Market

• 60% of the U.S. population drinks beer• National average of people 21+ is 73%• 6.8 million people in Chicago: Cook, Will & DuPage

• 4.9 million Chicagoans 21& up (73%)• 2.9 million beer drinkers in Chicago land area (59%)

• 20% of beer market is craft beer• 0.6 million craft beer drinkers

Source: *http://quickfacts.census.gov/qfd/states/17/17043.html

Page 11: Brew2U final

Potential Demand & Consumer Behavior

• 59% would try craft beer• 51% would drink more if they had more knowledge

• More than 1.75 million potential customers

• Education is key• Brew2U will provide this service

Source: *http://www.beerpulse.com/2010/12/marketing-report-reveals-stats-about-craft-beer-drinkers/

Page 12: Brew2U final

Financials

Revenue

Page 13: Brew2U final

Financials Cont.

Personnel

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Financials Cont.

Expenses & Earnings

Page 15: Brew2U final

Lessons

• Sole Proprietorship • Unexpected Target Market• Industry Knowledge• Correction of expenses

– Gas– Cooler– Website

Page 16: Brew2U final

Questions