Friday, March 18, 2016

The Amazon Whisperer


  • Describe the revenue drivers you currently include in your business concept for this class. Revenue drivers are the different ways you make money. 

    • selling my version of ingredients, not having to rely on competitors products 
    • Examples
      • purchase chicken from suppliers or packers or have my own spices. 

  • Describe what kind of product offering you believe should be next. What's the next thing your customers want?

    • I am offering a product that contains all the ingredients students will need to cook along with directions/video link on how to prepare the meal. 
    • Next: Nothing's worse than not having the proper equipment for cooking. That's like showing up to a baseball game with a hockey stick. Sure you can somewhat improvise but it's not the same and your performance will reflect this.  I want to sell a box of all the necessary and must have cooking tools.  None of this broken up, buying separate items, lets get it over with and give you exactly what you will need, the essentials!  

  • Describe how this "next" thing will enhance your existing product/service offering. Does it improve the user experience, does it increase customer switching costs, does it foster customer loyalty, etc.?

    • People will feel even more confident and more likely to want to cook.  Nothing's better than using your new set of knives that actually slice through chicken rather than mutilate them! 
    • It will increase consumer loyalty, we can have the tools color coordinated to make it easier for people! 
      • Ex:  To slice the chicken use the purple knife.  To chop the carrots use the orange knife. Saute the green beans in the yellow pan. 
      • It could have a colored handle, it doesn't have to be that color entirely. 

  • Go to Amazon and try to find a product that is similar to the one you want to offer next. Describe the product. Include a picture of the product.


    • Rachel Ray's 14 Piece Hard Enamel Nonstick Cookware Set 

      • Contains: 4 pots, 4 lids, a spatula, 3 prep-tools, 2 saute pans, and 1 baking pan. 
      • Description of Material: aluminum and a carbon steal baking sheet, prep-tools are made of silicone and nylon. 
      • Oven safe to 350 F


  • What are the customer reviews for the product? What, exactly, do customers not like about the product? What do they like about it?

    • Reviews: 231/317 gave it 5 stars 
    • However, when reading responses people are not happy. Multiple people have reported that the color washes off/ burns. 
    • The sizes are too small. 
    • Reviews were mixed overall 

  • Describe what design/usability changes you'd make to the product. 

    • I would give the consumer pans that are larger in size, not too small
    • I would not use the paint based coloring (I think that is what her company used).  If there is any colored pots I would make them ceramic or use a non-stick ceramic coating. 
    • Also I would change the design of the prep-tools
      • Spatula would have a rectangular end and be a bit wider 
      • The silicon spatula would have a flexible end allowing it to conform to the shape of the bowl when scooping mix out. 

  • Describe why you think this product would make a good addition to your current product/service offering.

    • It's another way to get student's ready for life! 
    • Students will not have to feel limited to what they buy because they might not have the tools necessary to prep ingredients. 
    • They will use these for as long as they want them.  

My Unfair Advantage


  • Contains quality ingredients 

    • Ingredients within The Food Pack are of good quality 
    • Other prepared packets only provide you with the mix, not all or a majority of the ingredients.

  • Contains all to most of the ingredients the student will need 

    • Will contain everything from meat, baking powder, seasonings, powdered sugar, you name it. 
    • Milk and eggs will be a bit tricky though. 

  • Provides students a recipe and access to online tutorials 

    • Unlike other products, The Food Pack will provide the student with a recipe which can be saved in a recipe book.  If they would rather watch how to prepare the meal , there will be a link they could go to. 

  • Can be sold in refrigerated, frozen, or normal shelf areas 

    • The Food Pack is not limited to one section of the grocery store, it will be everywhere!

  • Choose any culture's food

    • Students can choose classic American cuisine, or take their taste buds on a culinary travel to South America, Asia, Africa, Europe, you name it! 

  • Can be breakfast, lunch, dinner, desert, or snacks 

    • Unlike other pre-made boxes that only focus on deserts or breakfast, The Food Pack covers it all. There will be options for breakfast (such as Beignets from the French Quarter),  lunch (goat cheese salad with crasines), dinner (corned-beef hash with cabbage or chimichangas), desert, and my personal favorite snacks (granola bars,crackers, chips, etc).  

    • This is my TOP RESOURCE 

      • I'm not limited to one sector of the grocery industry 
        • I can be a competitor in every aspect of the industry
        • My product is seen throughout the store 
        • Variety of food types we can provide (seasonal, holidays, celebrations, year round, or special occasion)

  • Student doesn't buy other competitors products 

    • I no longer have to deal with competition from others, students will buy my product over others.  I will become a major competitor! 

  • Budget friendly 


    • With keeping the student's budget in mind we will try our best to make the price as budget friendly as possible!  

  • Students will have a lifelong impact 

    • They will carry the skills and techniques they learned from preparing meals with The Food Pack and make their own meals for the rest of their lives. They'll gain confidence in what they are doing.  Who knows they might then pass on what they learned to their children!

  • People save money by not buying ingredients

    • In the end it will be cheaper to buy The Food Pack that contains the ingredients you need rather than buy 20 ingredients that will stay in your pantry for years and expire. 

Growing My Social Capital




(All emails were sent Monday)

1) One person must be a domain expert in your industry. 

  • I sent an email to Brian West, a Publix spokesperson who is responsible for answering questions about the business.  Unfortunately the feedback I received was not good, he told me due to policy he is not allowed to give advice on the grocery industry. 
  • I found his email on Publix's webpage under contacts
  • Email Response: 
Hi Bridget!  I hope you’re doing well.
 
Thanks for thinking of us, and for being a loyal Publix customer.  Unfortunately, we really can’t share anything over and above what you could figure out on your own.  The grocery business is very competitive, and anything we shared with any substance would be proprietary.  I’m sorry.  I really wish we could help.
 
I wish you luck with your project.
 
 
Brian S. West
Publix Super Markets, Inc.
Public Affairs
Media and Community Relations Manager



 2) One person must be an expert on your market.

  • I sent out three emails to Publix representives and I did not recieve an email back. 
  • Sent to:  
    • Maria Brous, Corporate Initiatives and Trade Publications
    • Nicole Krauss,  Media & Community Relations Manager
    • Dwaine Stevens,  Media & Community Relations Manager of North Florida, southern Alabama, Southeast Georgia, and South Carolina 
  • My Letter: 

My name is Bridget Lanier, and I am a Student at the University of Florida.  As a requirement for my Entrepreneurship course I need to reach out to members of the industry that our product idea is based on.  My product, "The Food Pack", contains all the ingredients needed to make a home cooked meal (such as Enchiladas, Shepard’s Pie, flat bread pizzas, granola bars, etc.)  My target consumers are students who have strict budgets and want to learn how to cook.  I want to encourage students who are not confident in their cooking skills to learn how to make new dishes, introduce them to new cultures, make it an experience to remember, and use these cooking skills for life!

 All my life Publix has been my grocery store of choice, I am a loyal customer!  Your business not only provides consumers with what seems to be an unlimited variety of food options but also a welcoming environment.  I understand that it is competitive market when it comes to suppliers getting shelf space, I wanted to know some of the factors that go into your decision on displaying and selling one company’s product over the other? 

I really appreciate your time reading this email! 
Thank you,
Bridget Lanier
blanier@ufl.edu


 3) One person must be an important supplier to your industry.   

  • I emailed  Miller: A Branding Industry about the design and marketing of packing and its involvement in the grocery industry.  I received a very encouraging and informative email in the process and importance of a label in the market place.  
  • I found them online when researching labels and packing design.  They have been featured on Oprah and are a very interactive business.  
  • Email Response: 
Hi Bridget, 

Thanks for reaching out!

As you know, package design requires intensive thought and research—a designer can’t just rely on nice aesthetics. 
Although I can’t give you a list of rules about how to make a package attractive since it varies depending on the product (ie. what would be considered an attracting agent on a toy’s packaging will not work on a wine label), I have summarized the conceptual work we do before beginning a project to give you a feel of the thought processes that go into designing a powerful package. 

We always start our new design projects with a process we call category immersion
We gather info from the client on a variety of topics such as what kind of a brand they intend to build up, who their target market is, what makes their product unique, what their design preferences are, how they want consumers to view their brand, and so forth. 
They send in designs that they like and we look for images to use as inspiration based on their responses to the questionnaire we sent them. For instance, if they say their product’s main asset is its authenticity to a certain culture, we will research that culture and its history (as you assumed) and we’ll gather photos of anything that could serve as inspiration for the packaging design. 
(By the way, anything can be used as inspiration—fashion, nature, and as you suggested, history. We do not limit our inspiration to other package designs or we will be limited to package styles that already exist.)
Based on the client-supplied designs and our research, we put together a styleboard showing the look and feel we want the brand to have. This styleboard is a great asset and is frequently referenced during the design phase.

We also research the competitive space—this info is generally available online, but if we can find the competitor’s products in stores, we visit it to see the packaging in an in store setting. 
When researching competitors, we can see if there are certain expectations within the market our client is looking to enter, because often the consumers have certain expectations that must be met. For instance, blue cheese
packaging is always blue. Since consumers have come to expect this, we can’t leave out blue completely when designing new blue cheese packaging or the client might not recognize what the product is. 
We can also find the hole in the market, the design area that hasn’t yet been touched in this product group and we can zero in on that to create a design that stands out from the rest. 
By analyzing existing packaging, you can create packaging in which the product is recognizable for what it is and yet remains unique within the market.

Of course, this is only a glimpse of what goes into designing a package, but it is food for thought. I hope you find this information helpful and good luck with your project!

Nikki 


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Nikki Berger | Junior Project Manager
miller.
704 Candlewood Commons
Howell, NJ 07731 USA
t. 732 201-6030 ext. 703

f. 732 343-7056
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Reflection

By far the people at Miller are extremely kind and very informative.  I really appreciated their input and it's inspired me to design my project in a new light!  Nikki's response gave me a better understanding of the grocery industry and factors that play a major role in the selling of merchandise.  I believe that by contacting smaller well established businesses or a company that has created a product that is being sold in the market place is best! I think that Publix might have thought I was trying to find out their "secrets". 


 

Tuesday, March 15, 2016

Elevator Pitch No. 3


  • Pitch

(sorry it's a little corny... ok maybe a lot)
  • Reflection

    • Many people on the last elevator pitch seemed to like my video, so this time around I wanted to follow the same format.  I presented my product idea in the manner of making the viewer imagine what it would be like to use The Food Pack and how it would benefit them.  One person mentioned that Publix has a recipe they hand out that are to easy to make, perhaps in a later video I can tie in the recipe cards to my product.  I can have a potential partnership with Publix recipe cards. 
  • What did I change?

    • Since the feedback was positive last time around I decided to up my video by presenting the audience with a "sample" meal they could make with The Food Pack. I felt this would help my product standout.

Sunday, March 13, 2016

Week 9 Readding Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
  • What stood out to me the most was the Marketing Research Question.  This will come in handy in a future assignment when I have to contact people who work in the same field as my product idea. 
2) Identify at least one part of the reading that was confusing to you.
  • The models for Pricing in Social Media are a bit confusing.
3) If you were able to ask two questions to the author, what would you ask? Why?
  • For starting or young businesses is it recommended to hire a person to predict sale forecasts?
  • Has the marketing industry been suffering since social media has given entrepreneurs the ability to make and market their products for free?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
  • The only part I disagreed with was when the author mentioned that new businesses have constrained resources.  Now a days you can run a business at home and use social media websites such as Epsy and Instagram to share their products.  Entrepreneurs no longer need to have a store!