everest powerpoint final
TRANSCRIPT
BRYAN GRIFFITHJESSICA LIBRINGSHAUNA SCARANO
Everest Competition
Central Issue
Everest Ecig Distributor of disposable electronic
cigarettes Launch brand in New Jersey area
Business Decisions Marketing Research Branding/advertising strategy Online promotions
Everest’s Mission Statement
The mission: To make a positive difference in people’s lives through the use of high-quality products and our own American made E-liquid.
The purpose: Provide the highest quality smoking alternative to the mass public.
The business: To become not only the first but leading provider of E-cig’s to the general public with American made E-liquid
The values: Allow consumers to maintain a higher quality of life as well as save money over traditional smoking methods
Environmental Analysis: SWOT
Brick and mortar retailingDisposable e-cigs with American made liquid
DisposableHealthier alternative to
cigarettesMultiple flavors
No social mediaNo Website
No brand image No rechargeable e-cigs
Growing e-cig marketPeople being more health
conscienceLocal night life Corner stores
Changing government regulations
Many competitors like Blucig, PremiumCigs,
Squaresmoke, and Xcig
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
Our Objectives
Inform Persuade
Motivate
Evaluate
Marketing Strategy
Target Market Strategy
Marketing Mix: Four P’s
Implementation, Evaluation,
Control
Target Audience: Demographics
Generally males (can be female) aged 19-54
White (77%) and African American (14.9%)
Target audience are most likely temporarily unemployed, disabled, or a student making less then 25K
Target Audience: Primary & Secondary
Secondary target market: Older audience ages 30-55
Primary target market: Younger audience ages
19-30
Demographic Data
18-24
25-35
35-44
45-54
55+
0
20
40
60
80
100
120
140
IndexPercentage
Empl
oyed
full
time
Tem
pora
rily
unem
ploy
ed0
40
80
120
160
IndexPercentage
*Both index and % represent general population of cigarette smokers in America
Target Audience: Psychographics
Smokers consider themselves headstrong, funny, outspoken, brave, and adventurous
They have active lifestyles and crave excitement and this target often believes that other people copy what they do
Heavy uses of videogames and internet
They are more likely to buy on impulse and are frequent purchasers of lottery tickets.
Marketing Mix: Four P’s
Price Product
Promotion Place
Place/Location: New Jersey & Pennsylvania
New Jersey represents 3.69% of the total cigarette smokers with about 1,350,000.
Pennsylvania represents 4.65% of the total cigarette smokers which is about 1,702,000 people.
New Jerseyians and Pennsylvanian’s are 22% more likely to smoke cigarettes then the average American.
Convenience
stores/Gas stations
• Highest use
Local corner stores
• High use, needs more research
Supermarkets
• Medium use
Bars/clubs
• Needs more local research
New Jersey State Law
Under the NJSFAA (New Jersey Smoke-Free Air Act) since E-cigs produce smoke the use of them are not permissible for use in public places and workplaces. (Effective March 13, 2010)
Sale of E-Cigs to people aged 18 or younger is prohibited.
Most health organizations, researchers, and politicians believe more research is needed to understand the actual dangers of E-Cigs.
Prospective Locationas
Percentage Of Where People Buy Cigs
7-Eleven
BP Connect
CITGO Quickmart
On the Run
Speedway Super Amer-ica
SAVE-A-LOT
Kroger
WAWA*
Other
This is likely due to local corner stores. We need to do more research!!
*Underweighted due to the scope of population
Distribution of Company Exposure
04,000,0008,000,000
Total Population Of Cigarette Smokers
Total Population Of Cigarette Smokers
National & New Jersey: Market Research
7-El
even
BP con
nect
CITGO Q
uick
mar
t
Spee
dway
Sup
er A
mer
ica
Save
-A-L
ot
Krog
er
WAW
A
On Th
e Run
0
50
100
150
200
250
Total Cig market IndexNJ Index
**Average index=100
Other Important Research
Cigarette users are 47% more likely to go
to bars, nights
clubs and places with a
dancing atmospher
e
More research needs to
be conducted
on local bars, and
night clubs
More research needs to
be conducted
on local corner stores
Four P’s: Price
$8.95
Unique flavors
200 puffs=1
packNo
carcinogens
4 P’s: Product: Everest Electronic Cigarette
Flavors:Fresh Start CoffeeViva VanillaPeach ParfaitStrawberry ShortcakeM’Azing MentholTraditional TobaccoApple Pie
Upcoming Flavors:Red Velvet CakeFresh Mint BrowniesFrozen Banana YogurtShoofly PieHemp (Marijuana)SmoresWhisky/Alcohol
Product: Packaging
Package reflects Everest Ecig image and brand colors (Green, Blue and White)
Will create a functional package design that will allow customers to use the package as a case to hold the E-Cigs.
Package will be both simple and cool
Create individual package designs for each flavor (ex: strawberry shortcake flavor will have a red stripe on the package)
Additional Product Research
E-Cigs can improve working memory according to Lynne Dawkins, Professor of Psychology in the University of East London, UK.
E-Cigs are changing the line drawn between good and bad forms of nicotine. (Kirsten Bell Department of Anthropology at the University of British Columbia, Vancouver, BC Canada).
Promotions and Advertisements
Interactive
Print Ads
Personal promotions
Creative Brief
Creative Brief
Who is our target? I am generally a white or black male aged 19-55. I am typically not
working at the moment but I am active in looking for a job. I am a experiencer and am motivated by self-expression and excitement. I am an impulsive consumer and like having “cool” stuff. I am also an innovator and continue to seek challenges, with confidence, because of my high self-esteem.
Where are we positioned in the mind of the target? I have never heard of Everest E-Cig but I am aware of electronic
cigarettes. I am loyal to my favorite cigarette brand but I have no attachment to any specific E-Cig brand.
How does our competition fare in the mind of the target? Our competition has a head start in brand awareness. Companies like
TOTAL, NJOY, or Blucigs have been on the market and have already have market penetration.
Creative Brief Cont…
What is the ideal positioning we seek with the target? Everest is the brand I want when I buy an E-Cig.
Being a better alternative to regular tobacco cigarettes, this American made product is full of different flavors and exactly what I need to quench my nicotine cravings.
What is our consumer promise, the ‘big idea’? Everest E-Cigs are a healthier alternative to tobacco
cigarettes with no carcinogens, no chemical agents, no tar, no benzene, and no carbon monoxide.
Creative Brief Cont…
What is our supporting evidence for the ‘big idea’? I have continually looked for ways to make my
smoking habit healthier. I like to try new things and I have a very active lifestyle.
What is the tone of the advertisements? The advertisements are focused on the benefits of
E-cigs and inspiring people to join thousands of others who have already made the healthier switch to E-Cigs. The tone is cool and stimulates real experiences/lives.
Business Essentials: Business Cards
Business Essentials: Business Cards $
Business cards: regularBusiness Cards: Circle
Business Essentials: T-Shirts
Campaign 1: Join the Climb!
Targets adventure seekers and people with active lifestyles.
Entices them to join a network of like minded individuals who share the passion for excitement.
Campaign Slogan: Join the climb!
Campaign 2: Because You Care
More likely targets older generations aged 30-55
Appeals to parents with young kids & people trying to have a healthier lifestyle
Promotes the benefits of no carcinogens, chemical agents, and other dangerous chemicals
These people have likely been smoking for years and are looking for ways to quit.
Ads will always promote the American made e-liquid
Website Advertising
Online promotions: Website, Social Media, & Hootsuite
Website Facebook
http://masacompetition.wix.com/everest#!Home|mainPage
Website Advertising
ABC.com
CareerBuilder.cm
Monster.com
MySpace.com
NFL.com
Ticketmaster.com
Yahoo.com
YouTube.com
0 20 40 60 80 100120140160180200
Index
Index
**Average index=100
Website Advertising
3.60%
5.11%
2.50%
10.80%
4.85%
3.70%
28.30%
5.18%
Percentage of populationABC.com
CareerBuilder.com
Monster.com
MySpace.com
NFL.com
TicketMaster.com
Yahoo.com
Youtube.com
Next Step!
Implement marketing and advertising strategy
Evaluate advertising awareness and general public perceptions
Change strategy to meet the new information from the evaluation
Executive Summary
Mission Statement Situation/SWOT analysis Objectives Marketing Strategy
Target Market Strategy Marketing Mix
Product Promotion Price Distribution
Implementation/Control/Evaluation
Works Cited
Simmons OneView Global Advisors Smokefree Policy (GASP) FDA ABISC databases Scientific databases John Hopkins Bloomberg school of Public
Health Various articles from newspapers and
magazines Personal Observations/Surveys