brittanylogan.weebly.com€¦ · web viewin a 24.5 billion dollar market this represents nearly...
TRANSCRIPT
![Page 1: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/1.jpg)
Brittany LoganMKTG: 4562
Annual Marketing Plan
Babes Brew November 7, 2012
1. Executive Summary2. Situation Analysis
2.1 Company Overview 2.2 Market Overview2.3 Target Customers
3. Goal3.1 Ultimate Goal
4. Strategy 5. Tactics
5.1 Product 5.2 Pricing5.3 Communication5.4 Distribution
6. Implementation6.1 Infrastructure 6.2 Process 6.3 Schedule
7. Control 7.1 Performance Evaluation7.2 Environment Analysis
8. Exhibits 9. Work Cited
1. Executive Summary
Page | 1
![Page 2: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/2.jpg)
Brittany LoganMKTG: 4562
Babes Brew is a specialty beer made just for the female beer consumer
using our proprietary recipe. Babes Brew is a high quality, great tasting, light,
low calorie beer.
Babes Brew represents a new beer catering to an unmet need in the beer
industry. For our customers, Babes Brew offers the choice of a female catered
beer in an industry catered to males. For our retailers Babes Brew offers the
opportunity to broaden their customer base and increase profits.
Our target customers are single working women ages 21-35. In a 24.5
billion dollar market this represents nearly 30% of the industry
(Kaczanowska).
Our ultimate goal is to maximize net income but to also create value for
our customers. Our long-term goal at Babes Brew is to be the beer of choice
for female beer drinkers and to become a major beer in the industry that can
eventually be liquidated.
We plan to launch Babes Brew by the end of this year once all business
operations are aligned and beer is brewed and packaged. Because Babes
Brew is a unique product catering to an unmet need in an industry we feel
our customers will respond positively to a new outlook on an old tradition.
This Marketing Plan outlines the key activities Babes Brew will go through
in the next couple of years. It is broken down into 6 major sections: Situation
Analysis, Goals, Strategy, Tactics, Implementation, and Control.
2. Situation Analysis
2.1 Company Overview
2.1.1 Goals
Our ultimate goal at Babes Brew is to maximize net income and create
value to our customers that drink our beer. Babes Brew does not have a huge
presence in the adult beverage industry being a new product. We expect to
Page | 2
![Page 3: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/3.jpg)
Brittany LoganMKTG: 4562
be operating at a loss during the first year of business but plan to start
receiving a profit after we launch a national advertising campaign to promote
our product and get on the shelves of major retailers. We want to do this all
while consistently delivering a great product and maintaining value for our
customers. After achieving a presence in the industry our long-term vision
for our company would be (1), to be the premium beer of choice for female
beer drinkers and (2), to become a major micro brew in the industry that can
hopefully be liquidated to a bigger brewery.
2.1.2 Strategic Assets
The foundation of Babes Brew is that it caters to females. Being one of
only two beers catered to just females in the nation, Babes Brews proprietary
recipe and brand would be its biggest strategic asset. We hope receive a
proprietary recipe to ensure that we remain one of the only beers for female
beer consumers. Our customer base will consist mostly of females so our
brand and brand identity will attract females by being feminine and fun.
Our collaborators will be our manufacturer or the brewery and
packaging plant that brews our beer and packages them and our distributors
that gets our product to our target customers. First, we plan on working with
a small brewery to develop our product design. This will help us by using their
expertise in developing the best tasting low calorie beer possible to give to
our consumer. Then we plan on distributing through large and small
companies. Some of the bigger companies we plan to distribute through
would be Trader Joes, Wegmans, and Whole Foods. We would also plan to
work with small companies that specialize in microbrews, like tap houses.
Another collaborator we hope to partner with is an organization or charity
that empowers women. We would hope to possible work with Susan J.
Coleman for The Cure or National Partnership for Women and Families. By
Page | 3
![Page 4: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/4.jpg)
Brittany LoganMKTG: 4562
partnering with these charities we hope to communicate our product to the
females that embody female empowerment but to also help out in the
community.
Our human capital will be passionate about our brand, Babes Brew, the
company and what it stands for as a whole. This will hopefully exude in our
product, so we hope to hire hard working, energetic and fun employees.
Through all of this we hope build capital first by investors, seeking a business
loan from a bank to launch our company. After that we plan on gaining
capital through sales from our distributors and retailers.
2.1.3 Core Competencies
Babes Brew’s core competency is that we provide a unique customized
beer catered to female beer consumers in a mostly male dominated industry.
We believe we are competent in business management through our ability to
maintain our proprietary recipe and receive patents on our product. This
helps us identify our goal of becoming one of the only beers in the industry
catered to the female beer consumer. Sticking to our strategies and tactics
help us reach that goal. Due to our operations management we are able to
deliver our product to our consumers through our distribution channels in the
most efficient way possible that meets are consumer demand. Since we
don’t distribute our product personal we are not able to track our customer
service to the final consumer but we do stand by our product completely. We
pride ourselves on having a great taste and low calorie beverage that would
appeal to any female pallet. Through advertising and word of mouth we hope
to achieve high brand recognition, this being important in the microbrew
industry when there are hundreds to choose from. From all this we hope to
reach our goal of being the beer of choice for females everywhere.
2.2 Market Overview
Page | 4
![Page 5: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/5.jpg)
Brittany LoganMKTG: 4562
2.2.1 Customer
Our customers at Babes Brew would consist mostly of women. Babes
Brew is for a female beer drinker that wants a beer catered to them. In a
mostly male dominated industry women beer drinkers make up nearly half
the population, with 42 percent of United States women being beer drinkers.
Compared to 58 percent male beer drinkers. This is a huge market that only
is growing. “The share of women beer drinkers has increased gradually over
the five years to 2012 and is anticipated to continue over the five years to
2017, spurred by the increased marketing and availability of certain beers
(Kaczanowska).” This gives us great potential to grow and become one those
certain beers specifically for women.
Another demographic we would like to attract at Babes Brew would be
females between the ages of 21 to 35. This is part of the segment that is
growing the largest in the United States from 2007 to 2012, shown in the
graph below (Kaczanowska). We are attracting the younger market because
we think they would find our brand intriguing and for the fact that they make
up the second largest percent in the market, close to 23 percent of beer
consumers (Kaczanowska).
Page | 5
![Page 6: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/6.jpg)
Brittany LoganMKTG: 4562
Figure: 1 Market Segments of Women Beer Consumers (IBISWORLD)
Within our selected target market we can further break down the age
group of 21-35 year old women into two segments, (1) married and single,
and (2) non-working women or working women. Babes Brew wants to be
attractive to both segments but plans on targeting the single working women
in an established career.
Women are getting married later, and entering the workforce more
often. A study by Advertising Age showed that women tend to wed around
the age of 25.9, compared to in 1960 when women wed around the age of
20.3 (Miley and Mack). Studies have also shown that from 1960 to 2008 the
percent of women that worked had increased by nearly 23% (37% in 1960
and 59.5% in 2008) (Miley and Mack).
Those women who have entered the workforce are also making more
money than they did before. Studies have also shown that working women
are making a significant amount more than they did in 1960, almost $20,000
($1,261 in 1960 and $20,867 in 2008) (Miley and Mack).
With that higher income women are spending more. Women within our
target market, ages 18-29 are spending nearly 40% of their money on
themselves when buying food and beverage purchases (Miley and Mack).
The benefits our target customers would get from consuming our
product would be the need of a female focused beer. Working single women
with more assessable incomes can afford a higher price better quality beer.
The benefits sought for them would a form of relaxation or way to relax with
friends. At Babes Brew we hope to not only be a beer, but a lifestyle brand
targeting the young, single, and career driven women.
2.2.2 Collaborators
Page | 6
![Page 7: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/7.jpg)
Brittany LoganMKTG: 4562
The two major collaborators we work with at Babes Brew are our
brewery and packaging plant and our distributors. Using a small brewery in
order to develop our product design has given us the advantage of not
having to purchase raw materials directly. Outsourcing for packaging does
have cost associated with it especially since the cost of packaging has
increased significantly in the past five years due to commodity prices rising,
but their expertise in branding and bottling helps us deliver a better product
to our consumers (Kaczanowska).
There is a high cost in establishing a distribution network in the
breweries industry. “The distribution of alcohol in the United States is highly
regulated (Kaczanowska).” So working with good distribution networks is key
to Babes Brews success in the industry.
We also plan to work with marketing partners. This is essential when
trying to become a lifestyle brand. At Babes Brew our main goal is to deliver
the best quality beer to our consumers. So having our marketing outsourced
gives us the opportunity to focus on that while still marketing ourselves in the
best way possible.
Along with our major collaborators listed above we also plan to partner
with charitable organization benefiting women in order to communicate our
product to our target customers.
2.2.3 Competitors
The breweries industry is competitive. The barriers to entry are high,
the concentration is high, and the competition is medium but increasing.
Babes Brew is not only competing with major breweries but the adult
beverage industry as a whole. A few of the main competitors in the industry
would be: (1) established brands that have large market shares, (2) foreign
imports, and (3) other adult beverage alternatives.
Page | 7
![Page 8: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/8.jpg)
Brittany LoganMKTG: 4562
The major players in the beer industry like MillerCoors and Anheuser-
Busch InBev have huge market shares generating about 87 percent of the
industry revenue (Kaczanowska). These companies dominate the industry
and are responsible for nearly all the beers brewed in the United States.
Medium breweries account for about 10 percent of the beer market revenue,
while small breweries or craft brews like Babes Brew account for less than 10
percent (Kaczanowska). Though this seems like a small market share
compared for two the big companies in the industry we feel that the
increasing growth of this segment can eventually give Babes Brew a portion
of the market.
The external competition from foreign imports also poses as
competition for Babes Brew. Though the amount consumers spent on imports
did decrease over the five years to 2012 it’s forecasted to grow over the five
years to 2017 (Kaczanowska). This is just another choice for the consumer in
the beer market among many.
Major breweries may be the direct competitors to Babes Brew but
there is also an increasing amount of indirect competitors. Adult beverages
like wine, liquor, and soda are becoming increasingly popular to young
adults. According to the industry report the popularity of wine has increased
among adults ages 21-35, our target market (Kaczanowska). Also grown up
sodas “GuS”, teas and other beverages are selling more and more alongside
beer (Kaczanowska).
2.2.4 Context
The brewery industry is a 24.5 billion dollar industry that is growing at
a steady rate of 1.6 percent annually (Kaczanowska). Though spending did
decrease in the years before 2012 due the recession consumers are still
continuing to buy beer, even at higher prices.
Page | 8
![Page 9: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/9.jpg)
Brittany LoganMKTG: 4562
According to the Breweries Industry report, trends in consumer
behavior and buying habits have changed. The average beer drinker is less
likely to buy their beer in bulk as they did before, but rather to buy smaller
portions of finer quality beer. Exactly the market Babes Brew is segmenting
(Kaczanowska).
The level of Technology in the industry is low and beer has been made
the same way for centuries, but there are some advancements that have
been made in the brewing process. Breweries are focused on refining the
process in order to be more efficient and to deliver a better product to the
consumer, for example new technology for more efficient boiling systems
(Kaczanowska). However, the main use of technology among breweries is
with distribution to keep track of stores and inventory. Technology can also
be used in the beer industry for advertising and customer relationship
management. For example many beer companies use social media tools like
Facebook and twitter. They can be beneficially tools used to promote your
product, attract new customers and manage CRM.
The sociocultural environment is also changing for women. Women are
less likely to get married young, they are more likely to go to college, and
more likely to have a career then they did in the past. Studies have shown
that women are getting married later in life and starting a family later in life,
on average 5 years later compared from 1960 to 2008 (Miley and Mack). Not
only are women waiting to get married and start a family they are also
becoming more present in the workforce. Women in 2008 made nearly
$20,00 more money then women in 1960 (Miley and Mack). This gives
women a much larger amount of disposal income to spend on a higher priced
specialty beer.
Page | 9
![Page 10: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/10.jpg)
Brittany LoganMKTG: 4562
Laws regulating beer and beer distribution in the United States are
strict. Regulatory Bureaus plus states monitor and enforce laws and taxes
covering a variety of areas including:
The Bureau of Alcohol, Tobacco Firearms and Explosives (ATF),
which enforces the federal laws and regulations relating to alcohol.
AFT approves all labels, advertising, packaging and branding of
beer in the United States (Kaczanowska).
US Alcohol and Tobacco Tax and Trade Bureau (TTB), regulates
formulation of flavored Malt beverages. They also send out
reminders of limitation to brewers to comply with their law in order
to avoid much higher tax rates (Kaczanowska).
State regulations also control the distribution of beer. “There are
two types of regulatory environments in the United States where
alcohol regulations are made on the state level: open and control
states (Kaczanowska).” Open states are states that are open to sell
their beer directly to distributors. While control states don’t have
that freedom, they must go through the state control board and
eventually end up in state regulated stores (Kaczanowska).
Consumption of beer also poses a threat to human health. The number
of alcohol related deaths in 2009 excluding accidents and homicides was
24,518, and the number of deaths related to alcoholic liver disease was
15,183 (Alcohol).
2.2.5 SWOT Analysis
Page | 10
![Page 11: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/11.jpg)
Brittany LoganMKTG: 4562
2.3 Target Customers
Babes Brew is clearly targeting women beer consumers that enjoy
drinking beer. Babes brew is also targeting young (21-35 yr. old) women that
are single and in the workforce.
Women on average are marrying later and becoming more focused on
having a career. At Babes Brew we want to target those women for the fact
that they are spending more money on themselves, and also for the fact that
they have a more available income to spend on a higher priced beer.
Our beer would also attract females who are body conscious due to the
low calorie content but who also want great tasting beer in order to relax and
enjoy themselves. We also want our consumer to feel that they are drinking
something specially made for them with the taste and packaging.
Page |
Strengths: Uniquie ProductProprietary Recipe Quality and TastePartnershipsDistribution ChannelsStaff
Weakness:New product with weak Brand Recognition Disloyal Customers Profit Margins are LowMarket PositionFinancial Resources
Opportunites:Emergerence of New Market Segment (Single women)Potential to diversify into different Markets New economic enviroment (Women are making more money)Mergers or Joint Ventures
Threats:Barriers to Entry Laws and RegulationsIncreased Buyer powerIncreased Competition
SWOT
11
![Page 12: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/12.jpg)
Brittany LoganMKTG: 4562
Since Babes Brew is a beer for women and we aren’t necessarily
targeting the male consumers, but we think the male consumers could still
enjoy our beer if they choose to. Whether male or female Babes Brew can be
there beer for anyone but in an industry with hundreds of choices Babes Brew
stands out as one of not many catered to women.
3. Goals
3.1 Ultimate Goal
Our ultimate goal at Babes Brew is to maximize net income and create
value to our customers that drink our beer. We hope to do this by continually
investing in national advertising campaigns to create brand awareness, but
by also continually investing in research and development to deliver the best
quality and value to our customers.
To achieve this goal we have set the following objectives
Market Objectives. We plan to maximize net income and turn a profit
within the next 3 years.
Customer Objectives. Our customer objectives are to increase brand
awareness among 25% of our target customers, spark their interest,
excite their taste buds, and encourage them to become loyal returning
customers to our brand. Our goal is to have 25,000 returning loyal
customers to the babes brew brand by the end of the fourth quarter.
Collaborator Objectives. Our plan is to broaden our network with our
key collaborators. We will do this by increasing our distribution outlets
by 30% by the end of this quarter.
Company Objectives. We strive to offer the best quality low calorie
beer. By increasing research and development by 40% we hope to
deliver our customers the highest quality beer by the end of the fourth
quarter.
Page | 12
![Page 13: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/13.jpg)
Brittany LoganMKTG: 4562
Competitive Objectives. We aim to create barrier to entry for our
competitors that are targeting female beer consumers. We will do this
by securing our proprietary recipe every quarter.
4. Strategy
4.1 Target Market
4.1.1 Customers
Our target customers are middle-aged women and young single
professionals that enjoy drinking beer but are looking for a low calorie, great
tasting alternative made just for them. We also want to be in the market of
smaller quantity finer quality beer. Market research has shown that that is
the trend consumers are following today.
Our research has shown that our two targeted segments make up
almost 50% of the female beer consumption market. Our target customers
are segmented into two groups: (1) middle aged women ages 33-44 that
make up about 24% of the market and (2) young female professional ages
25-34 that make up about 23% of the market. Our research also shows that
women ages 18-29 spend nearly 40% of their money on themselves when
purchasing food and beverage items (Miley and Mack).
We feel that these two segments are looking for a specialty beer made
just for them. They want something that taste great but also is low in
calories. We also want to be in the market of smaller quantity finer quality
beer for our targeted customers.
4.1.2 Collaborators
Our primary collaborators are our brewing plant and our distributors.
We expect that our brewing plant will contribute to our success by (1)
developing our product design and brewing our beer and (2) by outsourcing
Page | 13
![Page 14: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/14.jpg)
Brittany LoganMKTG: 4562
to them this gives us the advantage of not having to purchase supplies in
order to brew our beer.
Our distributors will contribute to our success by allowing us to be sold
in many distribution channels. It is important we maintain a good relationship
with our distributors because the Alcohol industry is extremely regulated
which can be costly.
4.1.3 Company
The business unit responsible for the success of our brand is our
employees, our brewery, distributors and retailers. Our employees at Babes
Brew are responsible for business decisions including finances, marketing,
management, and human resources. Our brewery is responsible for obtaining
raw materials, brewing, and packaging Babes Brew. Our distributors
distribute Babes brew to our retailers around the United States and our
various retailers sell Babes Brew to our customers.
4.1.4 Competitors
The beer industry is extremely competitive and babes brew has plenty
of competition in the industry but also outside the industry. Our competitors
can be broken down into three categories:
(1) Established brands or main competitors, like Anheuser-Busch InBev
and MillerCoors.
(2) Foreign imports that are becoming increasingly popular in the
industry in the next coming years.
(3) Our indirect competitors, or the wine, liquor, and adult soda
industry.
Because the beer market is such a large market with big companies
having most of the market share we don’t expect an immediate response to
Page | 14
![Page 15: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/15.jpg)
Brittany LoganMKTG: 4562
our product, but with brand awareness through advertising and promotions
we hope to take a portion of the market share.
4.1.5 Context
The breweries industry is a huge industry and only growing at a steady
rate of 1.6 percent (Kaczanowska). Consumers are buying smaller quantities
then they did before but Babes Brew is on sold in smaller quantities.
Technological advancement in the breweries industry are focused on
the production of beer. Advancements are being made on the brewing
process, such as the boiling systems. However the main use of technology in
the industry is with distribution.
The beer industry is highly regulated in the US. There are laws and
taxes that need to be followed on the state and country level. There are two
types of states for selling beer: open and control states. Open states can sell
directly from the distributor but control states have to follow state regulatory
systems and sell in state regulated stores.
Regulatory context is not the only context in the industry, there is also
physical context associated with beer and alcohol. There were around 50,000
deaths associated with alcohol in 2009 (Alcohol).
4.2 Value Proposition
4.2.1 Customer Value
There is an unmet need among our target customers in the breweries
industry for an all female beer. Babes brew offers a number of unique
benefits for our target customers:
Specialty beer. Babes Brew is one of only two beers in the industry
that is catered just to women. This makes our target customers feel
special and unique when drinking our beer.
Page | 15
![Page 16: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/16.jpg)
Brittany LoganMKTG: 4562
Great taste. Babes Brews proprietary recipe is made to be
attractive to the female pallet. Being a light, carbonated and fruity
beer that most women enjoy drinking.
Low calorie content. Babes Brew is brewed to have a low calorie
content to be more attractive to our target customers that are
watching their figure.
Women empowerment. Being catered to women Babes Brew
embodies female empowerment.
Form of Relaxation. Containing alcohol, Babes brew is a great way
to relax or enjoy times with friends and also a great beer to drink
when going out.
We believe that our beers quality, taste, calorie content, and form of
relaxation creates great value to our target customers.
Babes Brew is the best specialty beer for women beer consumers ages
21-35 because of its women empowerment and relaxation qualities but also
because of its high quality, great taste, and low calorie content.
4.2.2 Collaborator Value
We believe Babes Brew can offers great value for our collaborators.
Babes Brew offers the following benefits for our retailers and distributors:
Higher Margins. Babes Brew is a specialty beer priced on the higher
end of the beer Market. Retailers selling our beer can increase their
profit margins when selling Babes Brew.
Increased Customer Base. Babes Brew allows retailers to broaden
their customer base, attracting women to buy beer.
Ability to attract new customers. Babes Brew can attract new
customers to a retail store who may not of bought beer before.
Page | 16
![Page 17: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/17.jpg)
Brittany LoganMKTG: 4562
Ability to diversify. When selling Babes Brew a retailer can diversify
their beer section to not only beer focused on men but focused on
women as well.
We believe the combination of higher margins, and increased customer
base, along with the ability to attract new customers and diversify will prove
beneficial to our collaborators and improve profit to retailers selling our beer
and distributors distributing our beer.
For retailers and distributors, Babes Brew is the best beer for women
beer drinkers because it offers higher margins, and an increased customer
base. Plus it gives our collaborators the ability to attract new customers and
the ability to diversify.
4.2.3 Company Value
Our ultimate goal at Babes Brew is to maximize net income and create
value to our customers that drink our beer. We will do this by continually
investing in advertising to create brand awareness, but by also continually
investing in research and development to deliver the best quality beer. We
also plan to maximize net income and turn a profit within the next 3 years.
Babes Brew is currently one of only two beers in the nation catered to
just female beer consumers. As our brand awareness increases, new
competitors are likely to enter the market. Our proprietary recipe for an all
female beer is a barrier to potential competitors. We also believe that being a
lifestyle brand provides us with a competitive advantage. As a result, Babes
Brew offers potential stakeholders a long-term vision in a new and upcoming
business catering to an unmet need.
To investors who are interested in a new company with and unmet
need in the beer industry, Babes Brew offers a chance to be part of a 24.5
Page | 17
![Page 18: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/18.jpg)
Brittany LoganMKTG: 4562
billion dollar industry with a proprietary recipe that benefits both customers
and collaborators (Kaczanowska).
5. Tactics
5.1 Product
Babes brew is a proprietary beer recipe for women beer drinkers. The
recipes consist of characteristics that are:
Light: Babes brew is a light low calorie beer.
Fruity: Babes brew has fruity taste in order to be more
appealing to the female pallet.
At babes brew our service is to our customers. We offer a custom
recipe made just for our target customers, women. The benefits women
receive from our service is specialty beer with a custom recipe catered to the
female pallet and also custom labels and cases focused on attracting female
consumers.
Babes Brew is a lifestyle brand for women. The meaning of Babes brew
is a one of a kind beer just for women in a male dominated industry.
However, babes brew also supports women empowerment. Being a lifestyle
brand Babes brew hopes to empower women but also hopes to be the choice
among women. We want our customers to associate babes brew as a great
quality beer but also as a great time.
We also have a Slogan at Babes Brew, which is “Who said beer is just
for boys.” Seen below on our logo.
Page | 18
![Page 19: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/19.jpg)
Brittany LoganMKTG: 4562
Figure 2: Babes Brew Logo
5.2 Pricing
The price of Babes brew is ultimately up to our retailers. As a premium
product we suggest our retailers sell a six-pack of Babes Brew at around
$8.99 to $9.99, depending on the demographic of that area. For single beer
at a bar or restaurant establishment, we suggest our retailers sell Babes Brew
for around $4.50 to $5.50, also depending on the demographics of that area.
Along with price we also will offer incentives to our customers,
collaborators, and company personal. Including the following:
Customer Incentives: At babes brew we hope to have customers
more motivated to buy our beer over our competitors by offering
the following incentives: coupons, price specials, contest,
promotional gifts, games, and cross promotions with partnering
food products.
Collaborator Incentives: We hope to motivate our retailers to
continue buying babes brew by offering bonus cases or free cases
Page | 19
![Page 20: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/20.jpg)
Brittany LoganMKTG: 4562
of Babes Brew, or money per case sold. We also hope to offer our
partnering charities a portion of our proceeds in return for
partnering with us.
Company Personnel Incentives: We hope to motivate our
employees by offering them various promotional items including
tee shirts, hats, and bottle openers. We also want to encourage our
employees to want to sell Babes Brew, so we plan to offer monetary
rewards to employees with top sales.
5.3 Communication
Customers can learn about Babes Brew various direct and indirect
ways: (1) Directly from Babes Brew, (2) indirect through our retailers, and (3)
indirect from our partnering collaborators.
Direct to consumers communication through Babes Brew
o To promote babes brews benefits we hope to launch a
national television and radio advertising campaign. We also
hope to communicate our product through social media.
Babes Brew will use Facebook, twitter and instagram to
interact and promote our product directly to our customers.
o Being a specialty beer our message at Babes Brew will focus
on the benefits received by our target customers when
consuming our beer.
Indirect to consumers communication through our retailers
o To communicate our product in the best light we will educate
retailers on the benefits received when buying and
consuming our beer. To do this we will offer information on
our product. We also plan to offer promotional materials
Page | 20
![Page 21: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/21.jpg)
Brittany LoganMKTG: 4562
including tee shirts, gifts, coupons, and bottle openers to
retailers selling our product.
Indirect to consumers communication through our collaborators
o In order to communicate our product through our
collaborators we hope to do event sponsorships with our
partnering charities. We also will use our sales team to
promote our product to new retailers.
o Our message focuses on being an all female beer. By
partnering with female charities we hope that will
communicate female empowerment to target customers.
5.4 Distribution
Babes brew is distributed mainly by our distribution channels and
retailers and is available for purchase at retailers authorized to sell alcohol.
Retailers include any retail stores (grocery stores, liquor stores, convenient
stores, gas stations, specialty shops), bars, and restaurant establishments
selling Babes Brew. Babes Brew is distributed in cases containing four 6-
packs or 24 beers. Orders are processed through our main office and then
sent to our distributers who then deliver the final product to our retailers.
6. Implementation
6.1 Infrastructure
Babes Brew is a high quality low calorie custom beer for women
brewed using our proprietary recipe. The manufacturing technology used to
make our beer is outsourced to a brewery located in Philadelphia,
Pennsylvania. The brewery uses a number of technologies to malt, ferment,
pasteurize, and package our beer.
Page | 21
![Page 22: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/22.jpg)
Brittany LoganMKTG: 4562
Our company office is located in Cherry Hill, New Jersey. This facility is
in charge of finances, marketing, human resources, and customer
relationship management. We outsource distribution, using various
distribution companies around the United States to deliver to our retailers.
6.2 Processes
The brewing process of Babes Brew is comprised of 5 steps (How Beer
is Made):
1. Obtaining raw material 2. Malting3. Preparing the Mash 4. Brewing the wort5. Fermenting 6. Pasteurizing
After brewing the process of implementing babes brew consist of 2
steps:
Packaging. Babes Brew is packaged into bottles. The bottles are
then placed in 6-pack that are then placed into cases containing
24 beers. The package of Babes Brew is designed to appeal to
females. Being feminine in color and style.
Distributing. Babes Brew is distributed through various
distribution channels and is delivered to authorized retailers.
6.3 Schedule
We currently are engaged in the design, taste, manufacturing,
promotion, and distribution of Babes Brew. We plan to brew our first batch of
Babes Brew in less than a year, when all business functions are completed.
Once Babes Brew is available for purchase by consumers we plan to allocate
our resource to the promotion of Babes Brew to build high brand awareness
Page | 22
![Page 23: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/23.jpg)
Brittany LoganMKTG: 4562
and increase market share. Within the next 5 years of production we hope to
eventually have enough market share to liquidate Babes Brew to a major
brewery.
7. Control
7.1 Performance Evaluation
We plan on constantly monitoring our finances in order to achieve our
ultimate goal of increasing market share by 10%. The key metrics that
measure our performance include: revenue, sales revenue, number of
customers, and number of retailers. As well as finances we also hope to
monitor brand awareness and customer loyalty. To do this we plan on
engaging in CRM (customer relationship management) and monitoring
customer feedback on the Internet and social media.
7.2 Environmental Analysis
In order to increase market share, grow, and make a profit Babes Brew
relies on our ability to respond to changes in the market. Environmental
changes that will directly affect Babes Brew and the beer industry can be
broken down into three major categories: (1) regulations, (2) technology, and
(3) perceptions.
(1) Regulations affecting Babes Brew could change at any time and
directly effect sales, as well as taxes on beer.
(2) Brewing is an old art and technology is always changing to
improve the beer industry. New technology is becoming readily
available to large breweries but not as available to smaller
breweries.
(3) The perception of beer is sometimes associated with a social
stigma, especially in certain cultures. This can affect sales of Babe
Brew within certain groups of people.
Page | 23
![Page 24: brittanylogan.weebly.com€¦ · Web viewIn a 24.5 billion dollar market this represents nearly 30% of the industry (Kaczanowska). Our ultimate goal is to maximize net income but](https://reader034.vdocument.in/reader034/viewer/2022051915/600637d4d49a54613135c3d4/html5/thumbnails/24.jpg)
Brittany LoganMKTG: 4562
We will evaluate these changes as they occur and will design solutions in
order to continually run Babes Brew successfully.
8. Exhibits
Figure1: Market Segments of Women Beer Consumers
Figure2: Babes Brew Logo
9. Work Cited
1. “Alcohol Use.” Center for Disease Control and Prevention. Centers for Disease
Control and Prevention, 27 Jan. 2012. Web. 10 Oct. 2012. <http://www.cdc.gov/nchs/fastats/alcohol.htm>.
2. "How Products Are Made." How Beer Is Made. MadeHow, n.d. Web. 18 Nov. 2012. <http://www.madehow.com/Volume-2/Beer.html>.
3. Kaczanowska, Agata. “Breweries in the US.” Industry Market Research. IBISWorld, 2012. Web. 10 Oct. 2012. <http://clients1.ibisworld.com.jproxy.lib.ecu.edu/reports/us/industry/default.aspx?entid=288>.
4. Miley, Marissa and Ann Mack. "The New Consumer: The Rise of The Real Mom."
16 November 2009. AdAge.com. Website. 19 November 2013.
Page | 24