bunny’s west oakland marketing plan · marketing objectives: • promote the opening of bunny’s...
TRANSCRIPT
Bunny’sWestOakland
December11,2017
Introduction:
Bunny’sisacaféandbarthatservestheWestOaklandandLowerBottomsarea,
supplyingsalads,sandwiches,snacks,andsuperiorservicewithlocalcraftbeerandwine,allof
whichcanbedeliveredtoyouinthecomfortofyourownhome.Withinthelastdecade
OaklandhasslowlybeenarisingresidentialareaasthecityofSanFranciscocontinuestoraise
itsrentandcostoflivingprices.Aspeopleworklonghours,theirenergyisdissipatedbythe
timetheygethome,andmanychoosenottocooktheirowndinners,andregularlychooseto
outsourcetheirmeals.In2016restaurantsreportedthat15%oftheirsalesarenowinonline
ordering.WestOaklandhasnowencounteredagrowthinpeople,lookingfortheirgo-to
relaxationbar,andqualityfoodthattheycangrabontheirwayhome.Theproblemisthat
mostdeliveryfoodtogoisunhealthyandbland.Thebaritselfservesasthecornerbar,that
mostofWestOaklanddoesn’thave,onethatiswalkingdistance,meaninglessdrinkingand
drivingDUI.Bunny’swasconceivedwhentheowner,Bunny,hadmovedtoWestOaklandand
sawadesolatewastelandforfood,yes,atacotruckhereandtherebutnotageneralcorner
bar.Bunnyhasoveradecadeofexperienceintheindustryandhasassistedopening4different
typesofrestaurants.Herknowledgeandcarefortheserviceindustryisherinspirationfor
openingherownspace.Bunny’splaceplansoncreatingacomfortablecornerbar,onewithout
bellsandwhistlesandawayfromtheminimalistmoderndécorofthetypical
gastropub.Bunny’swillalsohavethepotentialspaceforlivemusicandartwithcontributions
fromthelocalcommunity.Theservicewillbeunmatchedinthebayarea,morethanjust
servicewithasmile,theywillinstillpassionintoeverysteptheytake.Bunny’swillfocusonthe
greentrendsandsustainabilitythatisofferedinthebayarea.Themenuwillalwaysbe
adaptingtothetrendsinthefoodindustry,butthequalitywillneverdeclinewithmoreofa
farmtotableapproach.
MissionStatement:
Bunny’smissionistobringacommunitytogether,ignitepassion,andinspireasenseof
belonginginourneighborhoodofWestOakland.
SWOTAnalysis:Strengths-PartofthecommunityofOakland-Location,easytogettoandampleparkinginWestOakland-Staffisexperienced,passionate,andhighlymotivated-Localandqualityingredients-Fast,designedforcustomizationgrab-and-goaswellasdelivery-Strongbrandandrelaxedatmosphere-Loyaltyprogramwithappbasedtechnology-GreenBusinessWeaknesses-Owner'scredit-Lackofbusinessexperienceandknowledge-Lackofseedcapital-Noreputation-Higherpricesandlowerprofitmargins-Inconsistentlytrainedstaff-SmallstaffpoolOpportunities-Theabilitytoexpandonsite,multiplelocations,maybeafoodtruck-Ever-growingdeliveryappssuchasUberEats,Caviar,DoorDash,etc.-Greentechnologyisconstantlyevolvingandcuttingcosts-Technologymakingfooddistributioneasierandmorereliable-Investmentandprofitsharingoptions-Creatingartandmusicopportunitiesforthecommunity-LiquorlicensingThreats-Competition-Uncertaintyoftheeconomy-Theactualneighborhoodisnotthesafest-Peoplecouldstopmovingtothebayarea-Saturationofthemarket-Dietaryrestrictionsareconstantlychanging-California’sweatheruncertainty(floods,drought,fires)
CompetitiveAdvantage:
Bunny’scompetitiveadvantageisproductandservicedifferentiation.WestOaklandhasvery
feweateries,andevenfewerestablishmentswitharelaxedatmospheretoenjoyanevening
libation.Bunny’salsohasthefirstmoveradvantage,startingatrendthatcouldmakeWest
Oaklandabusinesshub.Theyhavealocationadvantage,asthereareeasyroutestoandfrom
highwaysaswellasampleparking,andwithprovidingdelivery,alloftheamenitiescanbe
enjoyedinyourownlivingroom.
StrategicDirection:
AsaneweateryinWestOakland,BunnyplansonMarketpenetrationfortheirstrategic
direction.Wearesellingexistingproductstoanexistingmarket,buthopingfindingforthelack
saturationintheexistingmarket.Weplanonusingcompetitivepricingstrategies,advertising,
guerillamarketing,andaggressivesalespromotioncampaignstosecuredominanceinthe
growthmarkets.Theyplanonhavinggoodinformationoncompetitors,andwillknowtheir
productswell.
MarketingObjectives:
• PromotetheopeningofBunny’sattracting1,000newcustomersbytheendoftwo
months
• Createaguerrillamarketingcampaignthatcanbeviewedby8,000residencesoverthe
spanof3monthspriortoopening.
• Developafulleditedmenuwithin6monthsofopening.
• Gainatleast4strategicpartnershipswithdeliveryserviceswithinthefirstmonthof
opening.
• Createallianceswith10breweries,vineyardsandfoodsupplierstostockproductsfor
thefirst6monthsofopening.
• Developastrongpresenceinthecommunitybyattractingartistsandmusicians,
creatinga10%salesgrowthinthefirst6monthsofopening.
• Establish25%ofoursalesinthedeliverysectorwithinthefirst3monthsofopening.
• Engageinaloyaltyprogramofsalespromotion,thatattractstargetaudiencestothe
establishmentforthefirstmonthafteropening.
• Createastrongimpressiononsocialmedia,includingFacebook,Instagram,andTwitter
withinthefirst2monthsofopening.
• Create2physicaladvertisementsinlocalpublications,withcouponstoattract
customersinthefirst3months
TheExternalMarketingEnvironment:
Therearemanyfactorsthatarecrucialtotheexternalmarketingenvironment.Manyofthe
factorsareoutofourcontrol,butactivatingtheelementsoftheexternalenvironmentcanhelp
usdiminishriskwithinthemarket.Tobeefficientinanever-changingmarket,willwewillhave
toanalyzetheexternalenvironmentandtheirrespectiveimpactonthemarkettocreatea
marketingmixthatfitstheneedsofBunny’sWestOakland.
SocialFactors:
Therearemanysocialfactorsthatebandflowasthebayareacontinuestoincrease
populationandadapttodiversification.Peopleinthebayareaandconstantlyonthesearchfor
somethingnew;thebayarealovesnovelty.Peopleinthebayareahaveabroaderagerange,
gendersandindividualintereststhatmakesitdifficultformarketerstoanticipatesocial
factors.Therearemanydynamicfamiliesinthearea,withdualincomehouseholds,andsingle
individualsthatrentroomsincollectivehouses,andco-opsthatinfluencethesocial
factors.Thebayareaisabigbubbleofdiversification.
DemographicTrends:
WestOaklandhasbeendrasticallychangingoverthepastdecade.Upuntiltheearly
2000’sWestOaklandwasaveryroughresidentialneighborhood,saturatedwithhighlevelsof
drugusersandgangviolence.Inthepastdecademanyofthepeoplethatcouldnolonger
affordtoliveinSanFranciscohavemovedtoWestOakland.Thishasincreasedmanyofthe
residents’rents,forcingthemtoleavetheareaandcreatingaverycomplicatedgentrification
issue.ThedemographicsofWestOaklandareconstantlychanging,butthenewerresidences
aremostlyworkingprofessionalsbetweentheagesof20-50.Someofthesenewcomersare
firsttimehomeowners,movingtotheareaandtakingadvantageofthebelowcostmarketlevel
ofthebayarea.Somenewcomersarethebohemianartiststhatcangetintoacheaprented
room.ManyworkinthecityandcommuteviaBART,andmostofthepopulationofWest
Oaklandownsabike,becausegeographically,WestOaklandisflatandmanyroadsarebeing
repairedtocreatenewbikelanes.OldOaklandstillexistsstrong,withmanyfamily’sinheriting
thehousesfromtheirparentsandkeepingthecommunitystillculturallyrich.Bunny’smain
targetmarketismostlyMillennialsandGenerationY’ers,butplansonkeepingOakland,
Oakland,withitscitycharms.
GrowingEthnicMarkets:
WestOaklandhasseenitsinfluxofethnicmarkets,butthetrendrightnowislackof
ethnicity.AsmoreSanFranciscoresidentsmovetothearea,ethnicmarketsareslowly
deteriorating,andbecomingmoresparseintheneighborhoods.Accordingtothe2010Census,
theracialandethniccompositionofOaklandwas:White:34.5%(non-Hispanic:25.9%)Blackor
AfricanAmerican:28.0%Asian:16.8%NativeHawaiianandPacificIslander:0.6%American
IndianandAlaskaNative:0.8%Otherrace:13.7%Twoormoreraces:5.6%HispanicorLatinoof
anyrace:25.4%.Asof2017theracialandethniccompositionofOaklandis:White:38.10%
BlackorAfricanAmerican:25.02%AmericanIndianandAlaskaNative:0.72%Asian:15.87%
NativeHawaiianandOtherPacificIslander:0.60%OtherRace:9.87%TwoorMoreRaces:
5.77%
StateoftheEconomy:
Thebayareahashadalargeinfluxoftechnologymoneyanditseconomicgrowthfor
thisyearisthreetimesthenationalaverage,howeverthegrowthofjobshasslowly
declined.Thebayareahasalsohadatrendofrestaurantsshutteringtheirdoors,with60bay
area'srestaurantsclosingfromSeptember2016toJanuary2017.Manybayarearesidentsare
nolongerseekingfullservicedine-inrestaurants,andsearchingforfasterandcheapercounter
servicecafes.Manyhaveclosedbecauseofthecostsofhiringandkeepinggoodemployees,
requirementsforhealthcareandpaidsickleave,risingrents,andendlesscompetition.The
economyofthebayareawillcontinuetorise,becauseofthetechnologymoneyinflux,but
restaurantsandcafesneedtolearnhowtoadapttonewertrendsintheindustrytosurvive.
ImpactofTechnology:
Technologyisahugefactorintoday’sserviceindustry,withnewappsappearingevery
day.Weareamobileworldandeverythingneedstobefasteranddemandedsooner,and
keepingupwithtechnologyistheonlywaytogainadvantageinsuchacut-throatworld.The
foodindustryneedstokeeppacewiththegrowingimpactoftechnology.Inhouse,IPad
computersystemsarereplacingthebulkypointofsalebricksfromthepast.Thesetablet
centersareeasytohandle,userfriendly,andcheapertofix,makingthemidealinamessy
environment.Theyarealsofasteratkeepinguponordersusingcloudbasedtechnologyand
analyticsforcustomerbuyinghabits.Mostconsumersalsonolongerneedtobeinabrickand
mortarbuildingtoenjoytheirfavoritefoods.WithappslikeCaviar,UberEatsandDoorDash,
yourfavoritedishescancometoyou.Technologyadvancesaregoingtocontinuallychangethe
foodindustry,andrestaurantsneedtoembracethatchangeiftheyaregoingtosurviveinthis
market.
PoliticalandLegalEnvironment:
Allmarketingactivitiesaresubjecttostateandfederallawsandtherulingsofregulatory
agencies.TherearemanypoliticalandlegalfactorsthatBunny’shastoconsiderbefore
enteringintobusiness.TheyneedtohaveabusinesslicenseissuedbythecityofOakland,and
healthandfireinspectionsmustbeinplacebeforetherestaurantopens.Employeeswillneed
afoodhandlingcertificationtoensuretheproperfoodhandlingtechniques,andmustbe
renewedeveryfiveyears.Theestablishmentwillalsoneedfooddistributionandabeerand
winesellerspermittooperate.TheConsumerProductSafetyCommission,theFederalTrade
Commission,andtheFoodandDrugAdministrationarethefederalagenciesthatwewill
involvewithinregulatingourmarketingactivities.
CompetitiveFactors:
Thebayareaisaverycompetitiveandknownasoneofthetopinternationalplacesfor
greatfood.Asanewrestaurant,Bunny’swillneedtoconsidereveryfoodestablishmentas
competitionandadjusttothechangingmarkettostayahead.
Bunny’sbrandcompetitorsarerestaurantsandcafeswithsimilaraesthetics,features,
andbenefitsthattargetthesamecustomersatsimilarprices.Bunny’swillbelocatedinWest
Oaklandwherethereisn’tmuchgeographicalcompetition,butwiththeadventofdelivery,and
manyconsumershaveavehicleorabike,Bunny’shastotakemanyrestaurantsintheOakland
areaascompetition.Suchas10thandWood,StayGoldDeli,RailroadDeli,Rudy’sCan’tFail
Cafe,BrownSugarKitchen,PrettyLady,KilovoltCoffee,CraveBBQpop-up,andvariousfood
trucks.Alloftheserestaurantshaveaverystrongpositiveimage,andwillmostlikelybe
servingthesamecustomersaroundthesamepricepoint.Theseestablishmentsarealsovery
muchproductcompetitors.Someoftheseestablishmentsaresittingdownrestaurantsand
somearecounterservice,butmostareonlyopenforlunch.Bunny’sWestOaklandplansto
offerproductsintotheevening,withahappyhour,thereforeofferingmoreproductsovera
greaterperiodoftime,gainingsomeofthoselunchtimecustomersfordinner.Thegeneric
competitorsarethesparsefastfoodrestaurantsthatresideinWestOakland,suchas
McDonalds,KFC,andTacobell.Theywillbethetobudgetcompetitors,offeringvaluemeals,
anddollardeals,butseriouslylackinservicethatBunny’swillgladlyprovide.
TheConsumerDecisionMakingProcess:
NeedRecognition:
Thefirststepoftheconsumerdecision-makingprocessisneedrecognition.Thebody
tellsthebrainthatthereisaneedthatmustbesatisfied.Whenapresentstatus,islowerthana
preferredstatetheconsumerthenrecognizesthereisaproblem,andmustadjusttheiractions
tocreateadesiredstate.InthecaseofBunny’s,theconsumerishungry,thirsty,haveadesire
tobeinasocialenvironment,orlookingforsomethingnewinWestOakland.
InformationSearch:
Inordertosatiateadesire,aconsumerhastosearchforwhatcansatisfytheminan
efficientmanner.Searchingforinformationisthesecondstepoftheconsumerdecision
process.Theconsumerfirstsearchesinternally,throughtheirmemoriesandalltheirprevious
experiencesfactoringwhattheyalreadyknowandhowtheyfeelaboutsomething.Theycould
havealreadygonetotherestaurantforfirsthandexperience,ortheycouldgatherinformation
fromsecondhandaccountsfromfriendsviawordofmouth.Theymightalsorecallaprevious
advertisement,apostonsocialmediaoranothermarketingavenuethatmayhavesparked
theirattentionatanearliertime.Bunny’swillfocusonexcellentcustomerserviceeverytime,
tocreateawordofmouthbuzzaroundtherestaurant.Thiswillensurethatpeoplearetalking
aboutthebusinessinpositivelight.Bunny’sWestOaklandwillengageinsocialmediaandlocal
marketingtacticstocreateapositioningplaceinpeople’smindstogainawareness.
Manytimestheinternalsearchdoesnotcreatethedesiredresolutionforsatisfaction
andconsumersmustdotheirownresearch,whichiscalledanExternalInformation
search.ThismostlikelyresultsinanInternetwebsearch.Thevastmajorityofpeoplenow
havemobilesmartphonesthathelpthematanytimewiththeirsearch.WebsiteslikeTrip-
advisorandYelpareusefulsearchenginesformostcustomersattheirfingertips.Bunny’sWest
OaklandplansonutilizingtheseenginesandothersocialmediatocreateagreatInternetfirst-
glancepresence.
Evaluationofalternatives:
Nowthattheconsumerhasalltheinformationtheyneed,theycanmakeaneducated
decision.ThetypeofpurchaseforBunny’sshouldbealimiteddecision,fornewcustomersand
hopefullyroutineforregularcustomersbasedonlocationandaffordability.Sincethedecision
isbasedontheneedofhungerthedecisionwillnotneedtobethoughtoutextensivelyandcan
occuroverashortperiodoftime.
EvokedSet:
Aconsumerwillcreatealistofallpossiblealternativeproductsandmaketheirdecision
basedonavarietyoffactors.ThisisreferredtoasanEvokedsetandthethirdstepofthe
consumerdecision-makingprocess.Consumerswillanalyzetheproductsandthefoodthat
eachrestaurantiscarrying,aswellascut-outthefoodthatmightbetoofarawayortoo
expensive,orranktheircravingsbyimportance.ThelimitedfoodofferingsaroundWest
OaklandmightputBunny’sinthetopofpeople’sevokedset,justoutofgeographicallocation
alone.
Purchase:
Thefourthstepoftheconsumerdecision-makingprocessisthepurchase.Theywill
evaluateallotheralternativesanddecidedtopurchasewhatBunny’shastooffer.
Post-PurchaseBehavior:
Thefinalstageoftheconsumerdecision-makingprocessispost-purchase
behavior.Thisisfinalevaluationafterpurchasingtheproduct.Thisishowtheyfeelabouttheir
purchase;whethertheybelievetheexchangeisworththevalueoftheproducttheypurchased
andifitisinconsistentwiththeconsumer’sexpectations.Whenthereisinnertensionabout
thelackofperceivedvalueoftheproduct,theymayregrettheirdecision,creatingcognitive
dissonance.Bunny’splansonhavingaleadsupervisoronatalltimestoconstantlymake
qualitychecksoftheirproductsandaskforcustomerfeedback.Ourmissionistolisten.This
willalsorequireaheavypresenceandwebsiteslikeyelp,wherecustomerscanpostreviews,
andwecanrectifyanycognitivedissonancewithanyunsatisfiedcustomers.
Factorsthatinfluencetheinfluencethecustomerdecisionmakingprocess.
CulturalFactors:
Culturalfactorsarethevalues,language,myths,customs,ritualsandlawsthataffecta
targetmarket.Culturalinstinctsarepervasive,functional,learnedanddynamic.Parents,peers,
andteachers,adaptingtotheneedsofsociety,instillthem.Theyareimplementedthrough
generationsandbecomealearnedbehaviorthatshapestheculture.ThemayorofOakland,
LibbySchaffsaysthatOaklandhasa“SecretSauce”thathasbeensteepedinculturalhistory.
Oaklandhasalongtraditionofpoliticalandsocialjusticeactivism,withathrivingart,musicand
culturalscene.EastBayExpressquotes“Oaklandisalsoacityofcontradictions:It’sbothloud
andtranquil,crowdedanddesolate,beautifulandgritty.”
SocialFactors:
Therearemanysocialfactorsthataffectaconsumer’sdecision-makingprocess,suchas:
family,socialclass,lifecycle,andsubcultures.Manycustomersfollowthesocialtrendsand
developacultlikefollowingtotheirfavoritebrands,leadingthemtobeloyal
customers.Familiesandopinionleadersoftenstatethenatureofwhatiscool,andwhat
peopleshouldperceiveofvalueforwhatfitsintheirsocialclass.Bunny’splanistoheavily
brandthemselvestoattractcustomersthatseethevalueinwhatBunny’scanprovideformany
differentsubculturesandOaklandresidents.
IndividualFactors:
Theindividualfactorsthatcangointoaconsumer’sdecision-makingbehaviorsare:
gender,age,familylifecycle,personality,self-concept,andlifestyles.Eachindividualwillhave
thepowertomaketheirowndecisionsbasedonwheretheyareinlife.Bunny’swantsto
obtaintheearly-adoptersandtrendsettersintheearlydevelopmentalstagesofthe
restaurant.TheseinnovatorswillbethevoiceofBunny’s,hopefullyinfluencingthe
individualismoftheirculturethroughoutWestOakland.
PsychologicalFactors:
Perceptions,motivation,learningandbeliefsandattitudes,allgointothepsychological
factorsforaconsumer’sdecision.Thesearewhatconsumersusetointeractwiththeir
world.Theyviewthebrand,price,quality,andimportantattributesthatcreatevalueontheir
perceivedworld.Theyaremorelikelytobuywhatfollowstheirself-conceptandattitudes
towardslife.Bunny’smaynotbeforeveryone,butwhentheyareforthatspecialsomeone,
bull’s-eye!Itwillcaptivateeverythingthataconsumerneedstosatisfytheirpsychological
perceptions.
MarketSegmentation:
TheidealcustomerforBunny’sWestOaklandisworkingprofessionalsbetweentheages
of18and50.Therewillbenodifferentiationbetweengenders,religionsandethnicities.They
liveinOakland,andmayworkinthecity.Theymayworkforatechcompany,orperhapsa
marketingfirm,orevenhigh-endretail.Theseconsumersknowhowtosavemoney,butlove
tosplurgeontheexperience.Theyeitherhaveamiddleofthelinecar,orrideahigh-end
bicyclewithamessengerbag.Theyarelookingforsomethingeasy,andago-toatany
time.Thefoodwillbedesignedforconvenience,butwitharelaxingambiance.These
customershaveademandingworkschedulethatmeanstheydon’talwayshavetheenergyto
makedinner,orprepfoodforlunch.Theylovesupportinglocalbusinessesandunderstand
thatsupportinglocalhelpseveryoneintheeconomy.Theyarepartoftheneighborhoodand
theywanttheirneighborhoodtothrive.Theyunderstandthevalueoffreshingredientsandare
willingtopayalittleextrainordertogetthoseingredientsfromalocalsource.Theyarealso
centeredonahealthconsciousdiet,withtheoccasionalsplurge.Thecustomersthatwill
frequentBunny’swillbebusypeoplewithdemandinglifestyles.Theytakeweekendtripsto
Tahoeinthewinter,andduringthesummertheyplantheirlifearoundthemyriadoffestivals
locatedinNorthernCalifornia.Mostcustomerswillownadog,andtakeleisurelywalksaround
theneighborhood,maybestoppinginforaneveningbeverage,orquickdinner.Theylove
brunchandkaraoke,andarehiptothechangingworldoffashion.Theywillbehighlyinvolved
insocialmedia,andwillhaveahashtagforeverything,buttheywillalsoknowhowtorelaxand
bingewatchNetflix,andordertheirfavoritemealsonUberEats.Theyarealsonotafraidtouse
siteslikeyelptoslayanyestablishmentthatwrongsthem,butquicklyposttheirbeautiful
foodiepicturestoInstagramwhentheyfindadishtheylove.Asconsumerstheyusuallyfall
intotheEarlyAdoptersorInnovatorscategory,butwillcomebacktimeandtimeagainwhen
theyfindsomethingtheylove.Theycreatethecultfollowing.
ProductDescription:
Bunny’sWestOaklandwillsellavarietyoffoodandbeverages.Theyareatangiblefood
thatcanbetouch,heldandconsumed,andtheproductit'sdirectlydistributedtocustomers,
makingitabusinesstoconsumerproduct.Theproductsarealsoconsideredtobea
convenienceproduct,astheyarerelativelyinexpensiveandprobablymeritslittleshoppingand
researchfortheproduct.
ProductItems,Lines,andMixes.
Beverages:
Beer Wine Mocktails Non-Alcoholic CoffeeDrinks
Pilsner/Lager
(tap)
Chardonnay SojuBloody
Mary
Water Drip
IPA(tap) SauvBlanc SojuMimosa Softdrinksin
bottleform
Iced/ColdBrew
Paleale(tap) Rose Soju
Screwdriver
HouseBrewed
IcedTea
Espresso
Stout(tap) Sparking SojuMojitos Lemonade Latte
Seasonalchanges
(multipletaps)
Cabernet
FreshSqueezed
Juices
Capachino
2Cheapcanbear
options
PinotNoir
HouseGinger
Beer
Mocha
4typesofbottled
beers
RedBlend
Kombucha
FoodOfferings:
Sandwiches Salads Soups(changes
daily)
SmallBites Desserts
roasted
turkey
Garden TomatoBisque Fries Homemade
cookies
ham Caesar Heartyvegetable SweetPotatoFries AssortedPies
pastrami Cobb CeleryRoot Tots Brownies
BLT Chef Broccoli SteamedorSauteed
Veggies
Tuna Seasonal
Coleslaw
PulledPork Custom
PotatoSalad
SausageLink
VeggiePatty
Breakfast
Custom
CustomizationforSandwiches:
Breads Vegetables Spreads
SlicedSourdough Lettuce Mayonaise
SlicedWheat Tomato Mustard
FrenchRoll Onion Olive&Oil
DutchCrunch Pickles GarlicAioli
GlutenFree Sprouts SmashedAvocado
Merchandise:
Shirts Hoodies Aprons Hats
Men’scut Pullover Fullbody Visor
Women’scut ZipUp WaistCover Baseballcap
Improvement:
Bunny’sWestOaklandwillinitiallyofferasimplemenuwithmaximum
customization.Asbusinesscontinuestogrowwewillofferparticularcombinationsof
sandwichesandsaladsandgivethemsignaturenames.Thiswillmeandevelopingnewflavors
andamalgamationsofingredients.Therewillextensiveresearchdone,tomakesureeverything
isatitsmaximumfreshness,fromlocaldistributors,andfollowseasonaltrends.Thebeerand
winewillbepurchasedfromlocalvendors,andbeeverchangingtokeepeverythingfreshand
novel.Wewillbecreatingstrategicpartnershipswithvineyardsandbreweriestoobtainthe
bestproducts.Aswecontinuetodevelopthemenu,wewillbeconstantlysearchingfor
feedbackfromourcustomers,lookingtoimproveinanypossibleway,perhapsreducing
options,orgatheringmoreinventory.
Brand:
ThebrandofBunny’sWestOaklandwillbedevelopedcreativityandextensivelyinthe
initialmonthsbeforeandduringitsintroductionintothemarket.Thebrandingwillalsobe
qualitycontrolledandcorrectedonaregularbasistoestablishconsistencyinquality.The
qualityoftheproductwillcreaterepeatsales,brandloyaltyandidentification.
PackagingandLabeling:
ConsumersofBunny’sWestOaklandhavetheoptiontodinein,takeTogo,andhaveour
productsdelivered.Thepackagingisdesignedtocontainandprotectthefoodproductandwill
belabeledwithBunny’sbrandandlogo.InlinewithOakland’sneedforsustainabilityand
environmentallyconsciousproducts,allpackagingandlabelswillbecreatedwithGreenware,
andbe100%compostable.Bunny’smissionistocreatelessofanimpactandallTogo
implementssuchascups,cutlery,bags,napkins,andpackagingwillbecompostable.The
productsthatareservedtodineinwillbeallwashable,tocutdownonwaste.
NewProductDevelopment:
Newproductstrategieswillbeconstantlyresearchedandimplementedasthetrends
changewithinthefoodindustry.Wewillbelookingatinputwehavereceivedfromour
customerstoconstantlybeonthecuttingedgeofdeliciousness.Theownerandin-housechef
willhavemanymeetingsthroughouttheseasons,toanalyzeanddiscussthemenuandmake
theappropriatechanges.Therewillbemanyideasconstantlygoingthroughthenew-product
developmentprocesstoensureeverythingisfreshandseasonal.
ProductCharacteristics,andRateofDiffusion:
Complexity:
ThedegreeofcomplexityinvolvedinunderstandingBunny’sisrelativelylow,asthese
areexistingproductsinanexistingmarket.Mostpeopleunderstandhowsandwichesare
createdandorderfortheirowntastes.Thewineandbeermayvaryinadegreeofcomplexity,
butthewell-educatedstaffmemberswillhavetheproperinformationtoguidepeopleinthe
rightdirectionthroughaskingquestions,anddiscussingthecustomer’spreferences.
Compatibility:
Bunny’swillbehighlycompatiblewiththetargetmarketofWestOakland.Almost
everyonehasaloveforahighqualitysandwichorsalad.Theseproductsareofferedduring
lunchanddinnerwhenconsumersarehungryandusuallycraveitemssuchassandwiches,
saladsandsoups,sothecompatibilitywillbehighwiththetargetmarket.
RelativeAdvantage:Bunny’sWestOaklandwillhavetherelativeadvantageofgeographical
location.Itwillbeplacedinaverycentralizedlocationthatmanypeoplecaneasilywalkto,
ridetheirbike,andhasamplestreetparkingforvehicles.Therelativeadvantagealsoliesinthe
superiorqualityoftheproductsandthefreshnessofingredients.Theywillalsobeableto
createalargemarketshareadvantagewithofferingdelivery.
Observability:
AllofBunny’sproductsaretangiblegoodsthatcanbeseenandtasted.Withanopen
seatingarrangement,targetconsumersareabletoobserveothercustomersthathavealready
purchasedtheproducts.Therewillalsobereviewsandphotosoftheproductsonsocialmedia
sotargetconsumerscanseetheproductsbeforetheypurchase.
Trialability:
DuringtheinitialstagesofthelaunchBunny’swillofferasimplemenutogaugethe
reactionsoftheirconsumersandadapttochanges.
ProductLifeCycle:
Bunny’sWestOaklandiscurrentlyintheintroductionstageoftheproductlifecycle
becausetheyarenewtothemarket.Duringthisprocessofthestagewewillbetryingto
markettotheearlyadoptersandinnovatorsthroughsalespromotionsanddigital
marketing.Duringthistimewewillbehighlyfocusedontryingtoadvertisetobuildbrand
awarenessandcreateexcellentcustomerservicetechniquestocreaterepeatsalesandgaina
positiveimageonourreputation.Thiswillbethetimetoironoutkinks,andmaximize
efficiencyintheoveralloperationsofthebusiness.Thecostandproductionoftheproducts
mayberelativelyhigh,becauseoftheconstantsearchforimprovements.
ProductPlacement:
Retail:
Bunny’swillbeabrickandmortarestablishmentintheheartofWestOakland.Itwill
havearuggedexteriorlikemostoftheotherbuildingsinOaklandexperience.Butinsidewillbe
warmandinviting.Thesignagewillbeboldandcoordinatewiththecolorsthatthebrand
encompasses.Therewillbeanoutsidepicnictableareaforcustomerswithdogs,andthose
thatwishtoexperiencethesunshineorthetemperateclimateofOakland.Therewillbe
umbrellasforsunnydaysandheatlampsforcoolerevenings.Therewillbeawalkupcounter
andregisterforcustomerstoplacetheirorders.Therewillbealargemenuboardbehindthe
counter,perhapswrittenonachalkboardforeasyquick-changesandspecials.Bythedoor
therewillalsobethephysicalmenusandprintedtakeoutmenustoperusebeforereachingthe
cashier.Thecounterwillalsohaveallthewinesandbeertapsdisplayedforeasy
selections.Thesilverware,condiments,napkins,andto-gocontainerswillbeplacedbythe
counterforself-service.Patronswillorderthefoodandreceiveanumbertodisplayatthetable
andoneofthestaffmemberswillbringthemtheirorder.Therewillbeanopenseatingarea,
withboothsalongthewallsandtablesandchairsthatarelightandmobile,toadjustforlarger
parties.Therestroomswillbesingleroomandgenderneutral,andusehandblowdryers
insteadofpapertowelstocutdownonwaste.Theartonthewallswillbefromfeaturedlocal
artistsandforsalethroughtherestaurant,andacorkboardwheretheneighborhoodpeople
canpostforhousing,missingpets,eventsormiscellaneousmissedconnections.Therewillbea
spaceinthecornerforamicrophone,sotherecanbesmalleventsduringlunchanddinner,
suchasacousticmusicalperformancesoratrivianight.TherewillbesomeTV’saroundthe
establishment,toplaylocalsportsgames,butonmute.Themusicwillbesettothestaff’s
discretion,butmostlyambient,upbeat,backgroundmusic.Thebackofthehousewillhavea
fulldishwashstation,prepstationandvariouswalkincoolers,freezers,drygoodsstorage,and
office.
Online:
Bunny’swillhavemanypartnershipswithfooddeliveryappsandawellintegrated
websiteandapp,whichwillincludealoyaltyprogram.Itwilldirectlymirrorthebrandand
colorschemeofthemenusandsignage,withbigboldgraphicsandcolors.Theappwillhavean
“ordernow”andpickupoption,wheretheywillbesenttoapageofferingallofourproducts
andmerchandise.Bunny’swillalsocreatepartnershipswith,UberEats,Caviar,DoorDash,and
GrubHub,andEat24(apartofYelp)tocreateoptimumdeliveryoptions,withouthavingto
employdriversanddependingonlocation,adesignatedparkingspaceforthosedelivery
drivers.ThewebsiteitselfwillalsoprovidelinkstosocialmediasuchasFacebook,Instagram,
andTwitter.
PromotionalCampaign:
Marketersconstantlyusepromotionalstrategiestocommunicatetheirproductstothe
world.Theyaretheretoinform,persuade,andremindconsumersofaproductinorderto
influencetheiropinionsofelicitaresponse.Asanewbusiness,withnewproductstoan
existingmarketthemaingoalofBunny’sWestOaklandmarketingpromotionsaretobuild
awareness,createinterest,provideinformation,andstimulatedemand.
Advertising:
Advertisingisamassmediaapproachthatinvolvescommunicatingaconcepttoalarge
audience.ThisformofpromotionwillworkwelloverthegeographiccenterofWestOakland
andwillconsistofoutdooradvertising,aswellaslocalrelatedpublications,suchastheEastBay
Express,SanFranciscoChronicleandSFWeekly.Theprintadswillincludephotosofthefood
andtheestablishmentaswellasacoupon,foronlineorderingorin-housepurchases.Bunny’s
planstoimplementaguerillamarketingtactic,byusingcarrotstencils,stickers,andspraypaint
tocoverabandoned,graffiticoveredareas,andsidewalksofWestOakland.Thecarrotswillbe
pointedinthedirectionofBunny’sandcanbefollowedthroughanadventuretoreachthe
establishment.
Online:
Bunny’splansonutilizingInternet-basedadvertisingtobuildbrandawarenessvery
heavilyinthefirstcoupleofmonthsofopeningtogenerateabuzzaroundthe
establishment.BunnyplansonattractingusersyouarealreadyactiveontheInternet,and
continuetopostabouttheiropinionsthroughpostsonSocialMedia.Therewillbealimited
amountofadvertisementspurchasedonFacebook,sothegeographicalOaklanduserswill
begintoseeitappearontheirfeed,makingtheconsumersawareoftheBunny’sWestOakland
brand.
SalesPromotion:
Salespromotionreferstoallpricerelatedpromotionalcommunications.SinceBunny’s
WestOakland,willbenewtothemarket,weintendonusingseveralsalespromotionstoget
bodiesinthedoor.Wewillengageinamoneysavinghappyhours,wherealcoholicbeverages
areacertainpercentageofftheirmarketprice.Duringthistime,wewillalsobeofferingfood
snacksandbitesandacheaperprice,asincentivetogetpeopleinthedoor.Aswecontinueto
integratedigitally,wewillbeabletohavealoyaltyincentiveprogram,whichscansthebottom
ofthereceipt,orhasadigitalpunchcardtypeofprogram,forafreeproduct.
DigitalMarketing:
Weareinatechnologicalhub,inatechnologyage,somostofourpromotionalefforts
willbeexecutedviatheInternetandsocialmedia,becausetherearemanychannelsfor
promotionalcommunication.Bunny’sWestOaklandwillbeheavilyfocusedontheirdigital
marketingtechniquestoreachthemajorityoftheircustomers.Bunny’swillhaveanactive
Facebookpagethatwillbemanagedbyhootsuite.comtoensureallpromotionalpostingcanbe
doneinanefficientmanner.ThiswillallowBunny’stocommunicatewithitscustomers,poll
customersaboutnewproducts,announceevents,andnewsalespromotions.Wewillbetaking
picturesandpostingheavilyonline,tocreateagreatervisionofbrandawarenessand
inclusivity.Wewillbepostingfrequentlyoninstagramwithsethashtags,sowecanreacha
largernumberoffollowersandengageinotherfoodrelatedpagesandinterests.Ourtwitter
willbequickwittedandpertinenttothecultureofWestOakland,byfollowinglocalbusiness
andtrendsettersinthearea.Bunny’stargetmarketfrequentlyusestheseavenuesonsocial
media,andwewillmakefulluseoftheseplatformstocommunicatedetailsandanyadditional
information,andtoengagewithcustomersonaregularbasis.Bunnyswestoakland.comwillbe
awell-brandedinformationbasedwebsite.Wherecustomercanreadourmissionstatements,
learnaboutourhistory,viewourmenusandpurchasemerchandise.Ourwebsitewillalsohave
asectionwherecustomerscanorderfoodproductsonline,andpickupattherestaurant.
PromotionalActivities:
Bunny’sWestOaklandwillengageinmanypromotionalactivitiesandeventstohelp
communicatethebrandandmessagefromthecompany,throughactionsanddirectfaceto
facemarketing.Bunny’swillengageinFirstFridaysandothersmallerstreetfestivalstoprovide
foodwithasmallerselectmenu,andtheabilitytopurchasemerchandise.Wewillalsobe
lookingtosponsorlocaleventsthatcorrelatewithourmissionstatement,ofbringinga
communitytogether,andotherselectcauses.Thiswillraiseawarenessforthebrandandthese
promotionalactivitieswilldemonstrateourbeliefsandpositiveimageforourcompany.
PricingObjectives:
Bunny’sWestOaklandwillimplementbothastatusquoandreturnoninvestments
pricingstrategyfortheirproducts.Wewillbedoingacostbasedanalysisofourproducts
factoringinoperation,labor,andmarketingcostsaspercentagesineveryproduct,sowecan
seeourreturnoninvestmentineverypurchase.Asthemarketfluctuates,wewillalso
fluctuatetomatchourcompetitors,removingproductsiftheyaretoocostly.Bycombining
boththestatusquoandROIpricingstrategy,wecanmaintainthemarketsharewithour
competitors,butalsoputourcompany’sprofitsintoperspectivebyshowingprofitsrelativeto
investment.
EvaluationandControl:
AsanewcompanyBunny’sWestOaklandwillconstantlybeadaptingtochangesand
roadblocks,asweevaluatetheeffectivenessofourmarketingstrategies.Brandawarenessand
customerservicewillbeourprioritybyconstantlydoingqualitychecksandevaluatingfeedback
fromavarietyofsources.Inhousemanagersorsupervisorswillbepresentinhouseatall
timesreadytorectifyanyproblemsthatarise,fromcustomerrelationshipstoproductquality
overview.WithanIPadbasedpointofsalessystem,wewillbeabletomonitorsales,inventory,
andanalytics,observingtrendsthatwecanadapttomakeusamoreefficientcompany.We
willhavealargepresenceonsocialmediatolistentocriticismsandsuggestionsviaour
customers’posts.Wewillbecloselymonitoringouryelppagetohelpintheevaluationand
controlprocessesofourownmarketingstrategies.