gnc pp
DESCRIPTION
NMDL GNC ProjectTRANSCRIPT
Tyler Hoover
Brand CategoryHealth and Wellness
Nutrition and dietary Supplements
ProteinShakers
Vitamins
Minerals
Energy Mix
Diet
Natural IngredientsAnti-Age
Revenue by Segment
74% of Sales
Company-owned stores
GNC.com, LuckyVitamin.com.
3,046 company-owned stores
17% of Sales
Franchisees Royalties on franchise retail sales Franchise fees.
924 domestic franchise locations1,590 international franchise locations in 53 countries.
91% franchise renewal rate over the last 6 years.
RetailManufacturing/ WholesaleFranchise
Retail
Franchise
Manufacturing9% of Salesmanufactured products to third parties
Sale of proprietary and 3rd party products
2,125 franchise “store-within-a-store”
Does business with Pfizer, Bayer, and Bausch & Lomb
In Store PositivesIn store displays Customer Service Locations Product Assortment and Availability
Target Audience
GNC targets a lifestyle demographic AthleticAspire to live a healthier lifestyleGoal Oriented
GNC consumers engage in fitness routines more than the average US supplement buyer and tend to use multiple products.
35% of customers under the age of 35 80% under the age of 50
Social Media
Facebook 1,007,618 total likes
Twitter 103,904 followers
Pinterest 4,152 followers
Facebook 1,376,215 total likes
Twitter 112,810 followers
Pinterest 4,362 followers
BodySpace
bodybuilding.com own personal social media
Allows users to gain knowledge and attracts loyalty
Mobile App
Total Installs 500,000 to 1,000,00,000
ChallengesIncreasing brand effectiveness with younger audience
Live Well campaign does not effectively advertise toward the entire target market.
Increase online presents: social media likes and followers
Increasing amount of competitors
A Social Media for Goal Setters
Strive for Competition
Increase Online Presents
Increase Sales of GNC supplements
Big Idea
World Strongest
Steps
1. Put your Weight Gender and Type of Lift
2. Pick what lifts you will be competing in
3. Record your numbers of the lifts (lbs)
4. Word Strongest will calculate your score
5. Compare your rank to the people in your gym, city, state, and the world
World Strongest