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ArrianJahangiri
PedroRezaJr.
TonySim
The50CentCandyShop
Ournewproductisanoncampuscandyshop,calledThe50CentCandyShop,offeringavariety
ofcandiesandsnacks,allsoldinbulkatthepriceoffiGycentsanounce.Wewillbesituatedcentrally
oncampus,intheStudentUnion,hopingtocatchstudentsandstaffwhoareeitherdesiringasweet
snack,orthosewhoonlyhavetheJmetopurchaseasnackthattheycancarrywiththem.Ourmethod
ofcollecJngdatawillbesurveys.
Weareseekingtogeneratea25%rateofawarenessforourstorewithintheUTDcommunityby
thefirsttwomonthsofbusiness,leadingtoestablishingaloyalcustomerbase.Wehopethatbyhaving
thisamountofawareness,wewillbeoneofthefirstopJonsthatcometomindwhenpotenJal
customersconsiderwheretogetasnack.
A. WearetargeJngthestudentsandfacultythataretoohurriedorbusytobeabletositdown
andenjoyafullmeal.
i.MarketSegmenJng
▪ Demographic–Collegestudentsandstaff
▪ Geographic–PeopleonUTDallascampus
▪ Behavioral–PeoplewhodonothavetheJmeintheirscheduletoeatameal
betweenclasses,orthosewhoenjoycandyandtreats.
ii.Ourtargetmarketispeoplewhohavebusyschedulesorpeoplewholikesnackingoncandyall
daylongthroughouttheirclasses.
iii.WearetargeJngthismarketbecausepeoplewhosnackarelikelytopurchasefromuson
repeatoccasions,makingacandypurchasepartoftheirdailyrouJne,andbecomingloyal
customers.Webelievethatthesepeoplewillmakeupthemajorityofoursales.