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CMSM Mkt Plan

Apr 14, 2018

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  • 7/30/2019 CMSM Mkt Plan

    1/23

    Jordan Martinez

    Marc Chabane

    James Person

    Cook Me Somethin Misters

    Marketing Plan

    Joe Cassisa

    Simon Kegler

    Jackie Rezk

    Stacy Martinez

  • 7/30/2019 CMSM Mkt Plan

    2/23

    CMSM Background Info

    ADGAS Outdoor Products wasfounded 1977

    30 Years of a great service recordand a strong customer base

    In efforts to expand, CMSM was

    born to cater to the tailgatingcrowd.

  • 7/30/2019 CMSM Mkt Plan

    3/23

    CMSM Jambalaya is Born!

    CMSM team partners with PaulPrudhomme and Chef George Rhodes

    and Magic BrandChef Rhodes creates a pre-packaged Jambalaya Mix for CMSM

    distribution

  • 7/30/2019 CMSM Mkt Plan

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    The Marketing Problem

    Limited Brand AwarenessNew Product/New Name

    Limited Exposure to Potential Consumers

    Entering Market among Several Similar BrandsIncreased Importance for EffectiveAdvertising Methods

  • 7/30/2019 CMSM Mkt Plan

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    MarketingGoals and ObjectivesIncrease Brand Awareness

    Inform consumers about:

    What the product is

    The corporate company

    The products taste and flavor

    Where to find the product

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    MarketingGoals and ObjectivesIncrease Brand Awareness

    Specific Objectives:

    increase top-of-mind-awareness by 20%

    increase unprompted response by 50%

  • 7/30/2019 CMSM Mkt Plan

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    SWOT Analysis

    Strengths:Jambalaya and All-Purpose Seasoning mixbased on K Pauls recipe

    Established RelationshipsChef Paul Prudhomme

    Chef George Rhodes

    Various New Orleans Personalities

    Known commodity among trade shows, events

    Cross Promotion

  • 7/30/2019 CMSM Mkt Plan

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    SWOT Analysis

    Weaknesses:Limited Budget

    Lack of Distribution Channels

    Lack of Product Recognition and Differentiation

  • 7/30/2019 CMSM Mkt Plan

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    SWOT Analysis

    Opportunities:Major sporting & cultural events leading toopportunities to increase brand awareness

    through cateringSuper Bowl, Sugar Bowl

    Essence Festival, Jazz Fest

    Economic downturn pushing consumers downmarket from restaurants to made-at-homedinners.

  • 7/30/2019 CMSM Mkt Plan

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    SWOT Analysis

    Threats:Competition:

    Zatarains

    Tony Chacheres

    Cajun Land Spices

    Changes in Buyer Tastes

  • 7/30/2019 CMSM Mkt Plan

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    Food Trends

    Economic downturn fuels home cooking; lesseating out.Quick food preparationGrocery stores responding to consumers who are

    redefining the family tableTrend toward beneficial foodsGlutten-free, nutrient added

    You are what you eat!

    Consumers want to know where their food comesfrom to assure they are eating safely and healthy.Food reflecting the individual.

    Consumers are about food that reflects personality.

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    Females, 25-54, HHI $40k+

    Passionate flavor seekers who love food

    Convenient, New Orleans flavor

    Confident, savvy

    High quality and full of flavor

    Outgoing, fun, trusted, approachable

    Target Audience

    Functional

    Benefits

    Emotional Benefits

    Personality

    Reasons to Believe

    Great tasting

    New Orleans food

    Brand Essence

    CMSM Target Segment

  • 7/30/2019 CMSM Mkt Plan

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    CMSMs CompanyCompetitive Advantage

    CMSM ZatarainsTony

    Chacheres

    Product quality H M M

    Brand Name Recognition L H H

    Uniqueness H L L

    Market share L H M

    Cross Promo H L L

    H=High, M=Medium, L=Low

  • 7/30/2019 CMSM Mkt Plan

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    Option 1: Traditional Advertising

    Radio, Television & PrintLocal Radio and TV StationsGambit WeeklyTimes PicayuneWhere Yat Magazine

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    Option 2: Promotions

    Demonstrations, Events, Cross-PromotionsGrocery Store SamplingTailgating Promotions

    Cross-Promotion with Local Meat Company

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    Option 3: Direct Marketing

    Direct Marketing CampaignValpak (Coupon Books)E-Mail BlastsDirect Mail

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    Alternative Solutions Evaluation

    Criteria Weight TraditionalAdvertising Promotions DirectMarketing

    Cost 5 2 3 2

    Illustrates Vision 4 4 5 2

    Brand Awareness 5 3 5 3

    Growth Potential

    4 3 5 4Ease of

    Implementation 4 2 4 4

    Total 61 96 65

  • 7/30/2019 CMSM Mkt Plan

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    Action Plans

    Specific Marketing ActionsTailgating

    High School & College Sporting Events

    New Orleans Saints TailgatingTrade Shows

    Cross PromotionsTeam Up with Manda Fine Meats

    Demos at Local GroceriesSample Giveaways

  • 7/30/2019 CMSM Mkt Plan

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    Action Plans

    Where, When & How?LA, MS, AL, FL, TN

    Southeastern Schools & Local Events

    Seasonal vs. Yearlong Marketing Actions(Advantage of Operating in the South)

    Word of Mouth

    Build University Relationships

    Utilize CLC Marketing Services

  • 7/30/2019 CMSM Mkt Plan

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    Action Plans

    Costs$15,000 Advertising/Promotional Expenses

    Tailgates and Cookouts (65%)Labor, Travel Expenses, Supplies, Product Costs $9.750

    Sponsorships (20%) $3.000

    Trade Shows (15%) $2.250

  • 7/30/2019 CMSM Mkt Plan

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    Evaluation and Control

    Measuring The Success of Increasing BrandAwareness

    Increase in Distribution

    Growth: increase in unit salesMarket Share

    Financial Success: Company Profits

  • 7/30/2019 CMSM Mkt Plan

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    Conclusion

  • 7/30/2019 CMSM Mkt Plan

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    YUM, YUM

    Come Get You Some!