emp model-88 hullsaver mkting plan final copy
TRANSCRIPT
Universal Shotgun Solutions
Introduces the
EMP Model-88
Developed and Marketed by the team of:
Brian Wade
Lauren McDonald
Tyler Keller
Brian Pegg
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby”
SAVER HU
Executive Summary
The EMP Model-88 Hullsaver is a revolutionary tool for any shooting enthusiast. The
piles of spent shotgun shells, and the drudgery of the cleanup after shooting, can put
a damper in a shooter’s favorite activity. That is what motivated our Universal
Shotguns Solutions team to develop the Hullsaver. The electromagnetic technology,
which ensures quick and painless pickup, provides an unparalleled shooting
experience.
The market for the EMP Model-88 Hullsaver is ripe for penetration.
The shooting market is large and well established, and in the United States where
our 2nd Amendment right is a cornerstone of the Constitution; the market is not
going to dissipate in the foreseeable future. While big name brands currently
dominate the lion’s share of the market, their products are subpar when compared
to the Hullsaver’s efficiency and user friendliness.
Our purpose was to develop a product that enabled the shooter to spend less time
cleaning up their hobby, and more time doing their hobby. We succeeded. Through
the combined efforts of the product developers and the marketing team, we are
confident that our success will come to fruition as shooters everywhere recognize
that the EMP Model-88 Hullsaver is the clear choice for their needs.
The Universal Shotgun Solutions Team
Brian Wade
Tyler Keller
Lauren McDonald
Brian Pegg
Table of Contents Page
The Market 1
Product: Introducing the EMP Model-88 Hullsaver 2
The Target Market 3
Situation Analysis: Primary Competition 4
SWOT Analysis 6
Marketing Strategy 7
Future Opportunities 12
Conclusion 13
Appendix A (Packaging) 14
Appendix B (Ad) 15
References 16
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 1
Welcome to the Lucrative Shooting Market
The shooting market in the United States is lucrative and well established.
According to the National Shooting Sports Foundation, a trade association of the
shooting industry, the market is comprised of roughly 34.4 million Americans who
participate in shooting sports. Of those 34.4 million consumers, about 23 million
actively partake in skeet, trap, and sporting clay shooting1. These 23 million
shotgunners are the future consumers of the EMP Model-88 Hullsaver.
While the Hullsaver cannot be used to pick up spent rifle or handgun rounds, it is a
discontinuous innovation in the world of shot gunning. For the 23 million avid
shotgun shooters, it will completely revolutionize the sport!
Every shooter dreads cleanup time. The piles of spent shells add up quickly and they
are tedious to pick up. At this point there are relatively few tools to expedite this
tiresome chore. There is primarily one viable option that you can find on page 4, but
you will quickly find after reading about it that it is woefully underequipped to do
the job. Our team of developers identified this niche, and designed the Hullsaver to
fill it.
Shooting is not a cheap sport. The guns themselves are a significant financial
investment, while other miscellaneous equipment such as targets and ammo stack
up to hundreds of thousands of dollars. The point is that shooters are willing to
spend money on their sport, and that the Hullsaver is very cheap relative to the
others costs incurred by their hobby.
In 2011, $9.9 billion was spent on target shooting sports alone. This total represents
all weapon types, but a significant portion of the figure is shot gunners. This means
1 National Shooting Sports Foundation (Trade Association Site)
http://www.nssf.org/PDF/research/TargetShootingInAmericaReport.pdf
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 2
that the Hullsaver will be entering a multi-billion dollar industry that needs what we
have to offer.
Introducing, the EMP MODEL-88 Hullsaver
The EMP Model-88 Hullsaver takes the traditional field magnet to the next level.
Using our patented electromagnetic disc design, the EMP Model-88 allows the user
to pick-up empty shotgun hulls and place them into the desired receptacle—without
physically taking them off the magnet. All this is done by simply turning the EMP
Model-88 on and off. See figure 1 for product specifications.
Figure 1. EMP Model-88 Design Specifications
Length (min/max) 22 inches – 40 inches
Weight (without batteries) 1.4 lbs.
Power Source 8 “AA” Batteries
Battery Life 6 hours of continuous use
Lifting Capacity 25 lbs.
The EMP Model-88 is designed with the
shotgun and clay target enthusiast in-mind.
The shape and functionality closely
resembles that of shotgun accessories
already in use on clay target ranges
and clay target shooters across the
nation. The familiar shape and
method of use will reduce the learning
curve, allow for easier storage and
transportation, and diminish resistance
within our target market segment (Figure 2).
Figure 2. EMP Model-88 Physical Features
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 3
Target Market: Catering to Fed Up Shooters
Our target market is relatively diverse, but the consumers within it are unified by
their love of shooting. Using demographic segmentation we identified our target
market as being comprised of males between the ages of 21 and 65, and anywhere
from the bachelor 1 to empty nest stages of the life cycle. Once we used this
demographic to break the market down into macro segments, we narrowed down
that demographic group further by using psychographic segmentation to include
individuals who love shooting sports, or have friends and family that shoot.
We included anyone involved with the sport because the big question that we want
to answer is “What do you buy the shooting enthusiast who has everything?”
Using this target segment we have identified that the geographic areas where we
will focus our efforts are primarily rural where shooting sports are prevalent. For a
more concise representation of our target market, refer to Figure 3 below.
Figure 3. EMP Model-88 Market Segmentation2
Primary Market Shotgun Enthusiasts
Demographic Males/35-65 yoa/life cycle bachelor-empty nest
Psychographic “What do I buy the shotgunner that has everything?” Geographic Aggressive in areas where shotgun sports are prevalent
2https://www.google.com/search?q=shotgun+shooters&biw=1680&bih=927&source=lnms&tbm=isch&sa=X&v
ed=0ahUKEwjHm8XE9M3JAhWDTSYKHW41AsgQ_AUICCgD#imgrc=5-QqksXyg-uKbM%3A
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 4
Situation Analysis: Who Is Our Competition?
The primary competition for the EMP Model-88 Hullsaver is the MOJO Outdoors
Pick Stick Magnetic Shotgun Shell Retriever. It resembles the Hullsaver to some
extent, and its basic purpose is the same, but it is deficient when compared to our
product (the next section is dedicated to this topic). The MOJO Stick is essentially an
elongated magnet that runs the length of a pole. The user uses the stick to pick up
shells by placing the pole near enough to the shells that the magnet grabs them, as
depicted in the picture below.
As advertised by MOJO:
x Easiest way to pick up empty hulls
x Picks up as many as 25 hulls at a time
x Adjustable staff from 32.5" to 55.5"
x Maximize comfort and ease of use
x Works in water or on dry land
x Never bend over to pick up hulls
3
3 http://www.amazon.com/MOJO-Outdoors-Magnetic-Shotgun-
Retriever/dp/B00CJRO648
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 5
How Is the Hullsaver Different?
Physically the MOJO and Hullsaver may appear to be extremely similar, but there
are three key points of differentiation that place the Hullsaver on a different level of
quality entirely.
1. The Hullsaver is an electromagnet – the first of its kind. This may not
seem like a big deal, but it makes a huge difference for several reasons.
For one, this technology allows the Hullsaver to last much longer than the
MOJO Stick. When the magnet in the MOJO wears out, the product is
useless. The Hullsaver, on the other hand, simply needs a new battery
pack to power the electric current and the product is as good as new!
2. Not only does the electromagnet prolong the life of the product, it
dynamically changes the functionality of the magnet. When the MOJO is
used to pick up shells, the operator must run his or her hand down the
pole to manually remove the shells. This leaves harmful lead dust residue
on the hands of the operator. If this does not seem like a serious health
concern, consider the fact that lead pencils were replaced with graphite
to eliminate the harmful effects of lead poisoning. For the Universal
Shotgun Solutions team shooting sport safety is a primary concern. We do
not want shooters going home to their families with their hands coated in
lead.
3. The surface area of the Hullsaver is much greater than the MOJO Stick, as
demonstrated in the image to the left. The larger magnet allows the
product to pick up more shells at once. Additionally, the consumer has
greater control over the shells with the “on/off” on the Hullsaver. When
the operator picks up the shells, they can place them over the bucket and
simply turn the product off to release the shells, rather than removing
them manually.
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 6
SWOT Analysis of the EMP Model-88 Hullsaver
Weaknesses
x We have minimal business experience pertaining to the launching of a new
product.
x The product could be seen as too technologically advanced for the older
population in the target market.
x Some users could see the product as to confusing to use.
Strengths
x Our main strength is that we are selling the only electromagnet shell grabber
on the market. This technology allows the product to be turned on and off.
x It will be priced significantly higher than any other shell retriever on the
market denoting higher quality.
x The electromagnet will be much more powerful than an ordinary magnet
with an estimated capacity of 20 more shells than the leading product that is
on the market now.
x The electromagnet’s ability to be turned off will ensure a clean disposal of empty shells. The lead from the shells will never get on your hands again.
Threats
x The main competitor in our market is the MOJO Outdoors Pick Stick which is
priced significantly lower than our product.
x MOJO might drop the price of its magnetic stick so low that it will drive us out
of business. They will be able to do this because it costs them less money to
make their product.
Opportunities
x We have no direct competitors in the electromagnet market.
x The closest competitor we have is a simple magnet elongated into a stick.
x Being the only company that sells these electromagnetic shell retrievers,
there is a huge opening in the market for us to thrive.
x When the Hullsaver takes advantage of the niche in the market, Universal
Shotguns Solutions will become a reputable manufacturer of shooting-
related products. This opportunity opens a lot of doors for the company
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 7
Marketing Plan: Breaking Into the Market
Packaging (Appendix A)
The EMP Model-88 will be packaged in a long, narrow rectangular box made of
recycled cardboard. This will protect the product during shipping, allow for easy
stacking on retail shelves, and provide U.S.S. with ample space to inform the
customer about our product while reducing costs by using recycled materials. The
red, white, and blue colors of the box will highlight our “Made in America” claim and
standout from the sea of black and camouflaged packaging used by our competitors.
Additionally, the box will be labeled with our product specifications, augmentation
details, and, of course, the USS brand label. All of these choices were made in an
effort to maximize our information utility, differentiate us from the competition, and
increase our brand awareness. Moreover, our packaging will not be overcrowded
with slogans, text, and clutter that will detract from the clean, simple and reliable
brand essence we want to convey to our users.
Analysis of Price and Profit
The EMP Model-88 will initially be priced based on cost and premium pricing
methods (Figure 3). These strategies are the best fit based on the fact that most of
our initial sales will be through face-to-face interactions with customers at industry
events and our target market believes that you “get what you pay for”. Moreover,
this is a luxury good with an inelastic demand and customers are less likely to be
price sensitive. Finally, the EMP Model-88 is unique in the market place and
therefore allows us to set the price without undue concern for our competitions
price.
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 8
Figure 4. EMP Model-88 Pricing (Initial)
Cost Price
Manufacturing $25.00 $25.00
Markup 50% $50.00
Premium Markup 25% $66.66 ($69.99)
Initial sales price= $69.99
The initial markup of 50% is significant, however, this is needed to cover the
product booth, travel, lodging, and shipping fees associated with marketing directly
to consumers. At later stages of the product life this mark-up will be reduced to
allow wholesalers and retailers to carry the product. In this stage the MSRP will
remain that same as the initial sales price of $69.99. By keeping the price constant
across the life cycle, it permits sellers to incentivize loyal customers and attract new
buyers by increasing buyer’s benefits through in-store, event, and on-line discounts
rather than reducing price.
Distribution
The long term distribution strategies are a combination of push and pull types.
Since U.S.S. and the EMP Model-88 are new, the initial distribution will be
accomplished by pulling our target market to the product. The product must be
presented to the consumer where they are: trade shows, shooting competitions and
on social media. Once the product has generated enough buzz and brand
awareness, USS can start a limited push strategy made up of exclusive distribution
to select on-line outlets such as Brownells and Midway USA, and in-store retailers
such as Cabela’s, Bass Pro Shop, and Gander Mountain. Our team would target
specific regions of the U.S.: CA, TX, FL, and MI, where shotgun target shooters are
prevalent4. In addition, USS will conduct in-store product demonstrations to educate
consumers, build brand awareness and strengthen OEM, retailer partnerships.
4 http://nssf.org/PDF/research/TargetShootingInAmericaReport.pdf
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 9
Advertising: How We Will Reach Our Target Market
Promotion Plan: Message Strategy
The Hullsaver’s selling point is simple: the product is an efficient, reliable resource
to recover shotgun shells without the hassle of bending over and straining one’s
back. It is lightweight, has more surface area than its competitors, and has a
retractable electromagnet.
Universal Shotgun’s slogan is “Spend less time cleaning up after your hobby, and
more time doing your hobby” This slogan works in various ways. It implies that this
product is easy to use, offers convenience, is highly efficient, lightweight to
transport, and above all, it is going to give the consumer more freedom to enjoy their
sport.
When advertising the EMP Model-88, it is crucial to recognize the distinctiveness of
the product. Important to note, the tone and attitude used in its advertising shows
that not only is it outdoorsy and tough, there is some competence behind the
product, with a slight dusting of sophistication. Imagery that consists of deep fauna,
cameo, and earth implies both nature and robustness. Also, imagery should also
have some sort of lightning bolt or battery symbol that illustrates potency and
power. Any visual advertising of EMP Model-88 should rely on placing it in the
middle of a secluded, weathered scene in the outdoors—perhaps even during a
thunderstorm. This moves the product away from the idea that it is some kind of
power tool, and keeps it conventional for shooters.
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 10
Preliminary Promotion Plan: Media Selection
As EMP Model-88 is advertised throughout the target market, it is imperative to be
highly meticulous about which medium carriers to use. Our target market may be
more likely to be online than to watch television, and more likely to communicate
and be persuaded by peer pressure than by reading newspaper articles. A well-
defined media and target market makes our advertising efforts more effective and is
a smarter way to spend money on advertising.
Social media can be used to EMP Model-88’s advantage with negligible costs.
Satisfied customers will have the opportunity to connect with our brand via
Facebook, Twitter and other platforms. Customers will also be able to learn more
about Universal Shotgun Solutions as well. Nevertheless, word has to get out
directly to our target market before this kind of momentum can begin. One way of
doing this is by having some early adopters use these at shooting ranges to spark
some interest and inspire peer pressure to adopt the product. Another way is
through traditional visual adverting, placing ads carefully near shooting equipment
in shops and ranges. There is also consideration to having spokespeople, like Si
Robertson from Duck Dynasty, promoting the slogan and the product via
commercial or in a paper ad format. These methods of advertising are important.
However, if our company sponsors events that actively engage people to experience
shooting with the Hullsaver, and interact with fellow shooters, we can successfully
leave a positive, lasting impression on our potential customers.
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 11
Product Launch Event
One suggestion for launching our product is at shooting competitions, hunting
competitions, and gun shows where shotgun users will be. Universal Shotgun
Solutions will directly work with local shooting ranges, hunting grounds, and gun
specialty shops that organize these kinds of events. While there, participants and
spectators will receive coupons and brand stickers, and will be able to test out the
EMP Model-88, in addition to the opportunity to learn more about our product.
These events accentuate the reliability, ruggedness, and efficiency of EMP Model-88
and generate brand recognition.
Ad (Appendix B)
Our ads will be designed to stress two main selling points of Universal Shotgun
Solutions: it is efficient and reliable.
The text blanketed on the ad is used strategically. Utilizing the Gutenberg Diagonal
and visual center, our sample ad in Appendix B ensures that the viewer’s eyes scan
every piece of important information. Additionally, the color of the ad is bleak and
gray, contrasting sharply with the bright colors of the Universal Shotgun Solutions
logo so it sticks out.
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 12
Future Opportunities
The EMP-88 Hullsaver is not a commodity. It’s not a product that consumers will
purchase every month or even every other year for that matter. It was specifically
designed to last a long time. Being a specialty good, we hope to retain a strong
foundation of brand loyal customers, but we will have to face the reality of a
declining market at some point. The Hullsaver will allow Universal Shotgun
Solutions to develop a strong reputation as a quality manufacturer, opening doors
for the company in the future.
Furthermore, the Hullsaver’s electromagnetic technology can be used to extend the
brand into other markets. There are dozens of other potentially lucrative
opportunities for brand extensions. Without looking too far into the future and
stretching ourselves too thin, our team thought it would be prudent to identify a
secondary market. We determined that the most viable option is in the industrial
market.
Secondary Market (Figure 5.)
We do not want to go into too much detail for fear of losing sight of the target
market. However, for the sake of planning for the future the following is the
segmentation process by which our team identified a secondary market.
Figure 5. Secondary Market Segmentation
Target Segment Mechanics/Carpenters/DIY-ers/Construction Industry
Demographics Males/18-65 yoa/all life cycles
Psychographic Easy tool to clean work site/save effort and money
Geographic Areas with growing pops and emergent housing MKTs
Behaviors Safety and efficiency minded consumer/ early adopter
“Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby” 13
Conclusion
The EMP Model-88 is a one of a kind product in today’s multi-billion dollar target
shooting market. It provides customers with a reliable, rugged, and innovative
device that they can be proud of and show-off to their friends. Furthermore,
Universal Shotgun Solutions backs it flagship product with a 1-year full replacement
warranty, responsive customer service, and face-to-face customer interaction. We
talk with shotgun shooters and we know what they want—a premium product,
priced right, and excellent customer service. The EMP Model-88 is all of those
things.
We here at Universal Shotgun Solutions understand that leisure time is precious and
consumers have little patience for products that do not respect that. That is the
driving force behind our product, and the reason we believe you should spend…
“…Less Time Cleaning Up After Your Hobby, and More Time Doing Your Hobby”
Thank you.
The Universal Shotgun Solutions Team
Universal
Solutions
Shotgun
14
Appendix A: Packaging
Front, Left and Right Side of Package
Back of Package
15
Appendix B: Ad Sample
Universal
Solutions Shotgun
“Less Time Cleaning Up After Your Hobby, and More Time Doing
Your Hobby.”
16
References
National Shooting Sports Foundation (Trade Association Site)
http://www.nssf.org/PDF/research/TargetShootingInAmericaReport.pdf
http://nssf.org/PDF/research/TargetShootingInAmericaReport.pdf
http://www.amazon.com/MOJO-Outdoors-Magnetic-Shotgun-
Retriever/dp/B00CJRO648
https://www.google.com/search?q=shotgun+shooters&biw=1680&bih=927&sourc
e=lnms&tbm=isch&sa=X&ved=0ahUKEwjHm8XE9M3JAhWDTSYKHW41AsgQ_AUIC
CgD#imgrc=5-QqksXyg-uKbM%3A