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Table of Contents
About 6 Solutions....................................................................................................1
About Dragonfly......................................................................................................2
Target Market AnalysisDemographicsOur main target market is going to be men initially because they are the people that generallybuy lawn mowers but we are going to break into the female market because of the ease ofusing the dragonfly product.
Men Women- Age: 18 – 50 - Age: 20 - 50 - Homeowners - Homeowners- Renters with out lawn - Renters with out lawn
maintenance included maintenance included
Psychographics- These psychographics of our target audience is for people who enjoy having their
lawn maintained with little ease.- Our target audience are hard working people who don’t have the time and
energy to cut the grass.- These are also people who live in neighborhoods where lawn maintenance is required. - Our target audience is going to be young couples and parents who don’t have the
time to mow their grass because they are busy establishing themselves.- Lastly, we are targeting people who are trying to live a more eco-friendly lifestyle and
who want to give back to the environment.
Geographics- We are also targeting people who are homeowners in the Florida markets.- Currently there are 33,052 owner-occupied housing units in Orlando.- Currently there are 37,927 owner-occupied housing units in Fort Lauderdale.- Currently there are 46,847 owner-occupied housing units in Miami.
We are going to start the launch in Orlando, Florida and make our way down to Miami therefore we are going for the east coast of the state that are along the coast.
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Industry ResearchWe choose to launch in joint venture with Lowes in Florida because the Lowe’s stores are con-
veniently placed all along the cost lines and reach the correct target audience. Eventually, we
will expand our campaign in California where Lowe’s also has a large market. Lowe’s also has a
consumer base that is more female and family oriented than its competitor Home Depot, and
they have a large gardening section, which goes hand in hand with the Dragonfly.
- Green (Eco friendly, solar)- Easy to use, even children can use it (safe)- Cost effective (comparable pricing with traditional mowers)- One of a kind
Weakness- Very new idea/none like it on the market- Only for those with yards- New brand (uncommon name to households)
Opportunities- Other models of product (continued product line)- Commercial clients (i.e. lawn services)- Other yard/green products for a new line
Product price positioning will set a competitive advantage against possible competition. TheMSRP will be at $199.99, which will include a charging station for backup when solar cannot beused, and an instructional guide.
Product
The dragonfly is an extremely innovative way to cut your lawn without the work or the hassle. It isa green product that not only saves you time and energy but also indirectly fertilizes your lawnand helps the planet become a more eco-friendly place to live.
Promotion
The initial launch starts on the 1st day of fall and will last 90 days in time for the gi giving holidays.Our 3 ad series will run in such magazines as Home and Garden and Real Simple. Our billboardswill primarily be located on high traffic areas in Florida such as I95. The product will be linked onthe Lowes website for a larger impact as well. Our campaign will use other traditional methodsbut we will focus a lot of time and energy in creating viral campaigns and guerilla advertising.
Place
We will start our launch in Orlando, Florida and make our way down the coast. We havepartnered with Lowes to penetrate a vast and nationwide market.
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Goals & Objectivies
Marketing Goals
-- Brand Recognition-- Customer Loyalty-- First Option in Consumer’s Mind-- To become international-- To constantly offer promotions
Marketing Objectives
-- Revolutionize a greener lawn mower style of service-- Well known brand-- Strong consumer awareness and relationship-- Have the consumer view the act of mowing the lawn as a fun activity
We will begin with launching a ninety-day ad campaign. To make this launch a sucess we will tap into the appropriate outlets based on our in-depth research. By utilizing all ofthese marketing angles we will create a strong brand awareness.
TV Commercial $38,550Including Art Direction And All Products 30% Split Cost With Lowes -$11,565Total TV $26,985
FOX 1 $300,000ABC 1 $300,000NBC 1 $300,000HGTV 1 $300,00030% Split Cost With Lowes -$360,000Total TV $840,000
Website 1 $20,000
Billboards Lee County 3 $370,000Broward County 3 $265,00030% Split Cost With Lowes $190,500Total Billboard $635,000
Budget Expenses $1,612,789
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90 Day Budget (In Us $)
Corporate Id & StationeryItem Quantity CostLogo Design& Multipurpose Application 1 $20,000Business Cards 16 pt. card stock, silk matte, scored and folded
- President 5,000 $1100- Distribution Manager 5,000 $1100
Letterhead Full Color Sky Background, 4/C Printing 10,000 $514Full Color White Background, 4/C Printing 10,000 $514Envelopes 10,000 $1,149Total Corporate Id & Stationery Cost $24,377
Trade Show DisplayItem Quantity CostCustom-Made 20x20 Portable Display 1 $82,30030% Split Cost With Lowes -$24,690Total Display Cost $57,610
Display Production And Custom Fabrication 1 $1,200Promotional Giveaways
Pens 2000 $540Bottled Waters 3000 $1950Beach Chairs 300 $3762Cooler - 6 Pack Holder and Lunch Bag 500 $1,365