Here is a picture of the building I have chosen to build my bar in:
Here is a link to the Radio Commercial:
https://soundcloud.com/peter-sullivan-5
Tuesday, March 19, 2013
Wednesday, March 6, 2013
EOC Week 9: Mission Statements
“The mission statement for the Hut is to provide an unmatched dining and atmosphere experience for the local community” This first mission statement if for a restaurant of another person in the class. I like it, because its short and sweet and expresses exactly what he wants it to be. He’s not just saying, oh hey we sell food and it’s Caribbean themed, he mentioned the unmatched dining and atmosphere and hopefully that’s what people want more than just good food. The only thing I would critique on this is maybe saying why it will have unmatched dining and atmosphere.
"Our mission is to make Scriptz your preferred bar destination in Downtown Las Vegas. We deliver outstanding service and quality beverages to make us your one stop bar. We believe in not only serving the people of Las Vegas, but also our creative individuals." I like that he said one stop bar in this statement. So that you know they are going to have what you are looking for no matter what you drink. So you know that this place may bring in a wide variety of people, mostly writers and people with ideas will come but they don’t have to decide where to go because going here will make everybody happy. The book says,” Mission statements should be meaningful and specific yet motivating. They should emphasize the company’s strengths in the marketplace.” This is pretty much exactly what he does here, and I would easily be persuaded to come visit this establishment.
“At The Bean Break, customers will be in a very mellow environment that will have people be stress free. It will have customers coming back because there won’t be a coffee shop like this anywhere else” I also like this one because it says exactly what you’re going to get from this place, however like the others it still doesn’t say how they are going to do this. It just says it will and I think people kind of want to know how you are going to be different from a Starbucks or something like that. So what makes you unique?
Wednesday, February 27, 2013
EOC Week 8: Creative Concept
Radio is still a good medium to get information across most
people spend a lot of time in their cars commuting and just cruising
around. You have 30 seconds to get your
point across and get people to get interested in your product which can definitely
be a challenge. So my creative concept
for promoting my bar is going to be a radio commercial that I will write and
produce myself. I have all the tools necessary
and the talent needed to put it all together.
The plan would be to broadcast it on the stations that my ideal cliental
would be listening too. I would also
find a way to get onto Pandora and other internet stations because people
listen to them more than actual radio I feel like. Some people have Pandora constantly going on
in their house, and nobody buys the actual version with no commercials so
everyone has to listen to them. What I would
also like to do is actually put up the different recipes for the beer that we
will brew in the brewery. I have been
making beer for the past 5 years and have created my own recipes but would also
look up some different ones too. This is
to make sure that we have a wide variety to attract all different kinds of beer
lovers to the brewery. I believe that
with this commercial done with quality and advertising our beers will strongly
encourage people to visit and keep visiting the restaurant.
Implement Evaluation Control
In conclusion, this place is open to people of all ages, and
back rounds. People will know what
to expect from the second they walk in the door to the moment they leave. They will want to come back again and
again just to have that amazing experience again. Our beer will be of the best quality and have the best
quality control in the city. It
well be held to the highest standard and the same will be said for our food. Which is made using the ingredients of
the beer to give it a special flavor and taste. I have learned a lot about what it takes to out together a
marketing plan, and I am excited to put this plan into action to develop what I
believe is exactly what this city needs.
I haven’t seen anything else like this in the entire city and I am excited
to offer it to the people of Henderson.
Price
Prices, prices, prices, isn’t this the most important thing
in business right now? With our
economy the way it is right now everybody is looking for the best deal and the
biggest bargain. People are
looking for that happy hour or two for one deal at any bar or restaurant. Applebee’s and their two for 20 menu
seems to be leading the way in this regard. I’m not saying that our beer is going to be cheap, after
doing the research on prices for ingredients on all the different recipes I’ve
determined that every beer needs to be at least four dollars to make come out
even. Of course we don’t want to
come out even we want to make money, so obviously we are going to have to
charge more. We will have two
different sizes of mugs, 16 oz and 22 oz, which is typical for most
restaurants. The 16 will cost five
dollars and the 22 seven, and after researching prices in other bars I have
found that this is definitely a reasonable price especially for home made beer.
To deliver on its value proposition, the firm must first
create a need-satisfying market offering (product). It must decide how much it
will charge for the offering (price) and how it will make the offering
available to target consumers (place). Finally, it must communicate with target
customers about the offering and persuade them of its merits (promotion).
(Marketing An Introduction, Armstrong/Kotler,13). Competition will always
seem to drive down the amount that you can charge for you product though. In these days of intense price competition, service
marketers often complain about the difficulty of differentiating their services
from those of competitors. To the extent that customers view the services of
different providers as similar, they care less about the provider than the price.
(Marketing An Introduction, Armstrong/Kotler,226). We can very well
charge a few dollars more than any other place unless our product is vastly
superior to what they have to offer.
Distribution
Giving a limited number of dealers
the exclusive right to distribute the company’s products in their territories.
(Marketing An Introduction, Armstrong/Kotler,G10). This is what the
book defines as Exclusive distribution.
I can’t imagine that’s a good idea for business to just be exclusive to
certain companies but I can see how that could make the certain company a lot
of money. I can’t say our
restaurant has something that is need to distribute outside of the restaurant. I would say that everything is in house;
unless the product becomes so successful that we could expand to bottling and
selling the beer to grocery stores. Stocking the
product in as many outlets as possible, (Marketing An Introduction, Armstrong/Kotler,G10). This is called Intensive distribution which sounds
like a good idea because why wouldn’t you want your product to be in as many
places as possible so people can get it wherever they are. Finding the distributing means is
probably the hardest part. Finding
vendors who can help you are few and far between, Working at a restaurant right
now I do know of a few vendors but all they do is supply restaurant so I will
have to deal with them to get what I need for our restaurant but hopefully if
it becomes successful enough they can help with distributing our product to
other stores/restaurants too.
Promotion
Promotion is a little difficult in this town, because
you have to contend with the
places on the strip. Radio seems
to still be the best way to get to people these days. However a lot of people don’t listen to the radio so we have
to find other ways to get our products name out there. “Promotion means activities that communicate the merits of the product
and persuade target customers to buy it.” (Marketing An Introduction, Armstrong/Kotler,54). “It must communicate with
target customers about the offering and persuade them of its merits (promotion).”
(Marketing An Introduction, Armstrong/Kotler,13). This is what they
book says about promotion, it needs to be blended with all the other techniques
to have a successful marketing plan.
Promotion could be the most important step though because how else are
people going to know about your product?
Word of mouth however may just be the most important way of promoting
our restaurant. People who have
been are going to tell their friends about the experience that that had at our
place, people are going to trust what they say more that they are going to
trust some television or radio commercial. It does cost a lot of money to do this kind of promotion
however, The most logical budget-setting method is the
objective-and-task method, whereby the company sets its promotion budget based
on what it wants to accomplish with promotion. This budgeting method entails
(1) defining specific promotion objectives, (2) determining the tasks needed to
achieve these objectives, and (3) estimating the costs of performing these
tasks. The sum of these costs is the proposed promotion budget. (Marketing An Introduction, Armstrong/Kotler,389). Most companies when trying to
save money their promotion is the first thing to get removed from the budget
when it could actually become the thing that saves them if they can learn to do
it correctly. Hopefully we have
done it correctly.
Product
My product is pretty easy to figure out just from the name
of the restaurant, it’s called House of Brews so obviously we make and sell
beer. However the product itself
is a whole lot more than that. “We define a product as
anything that can be offered to a market for attention, acquisition, use, or
consumption that might satisfy a want or need. Products include more than just
tangible objects, such as cars, computers, or cell phones. Broadly defined,
“products” also include services, events, persons, places, organizations,
ideas, or mixes of these. Thus, an Apple iPhone, a Toyota Camry, and a Caffé
Mocha at Starbucks are products. But so are a trip to Las Vegas, Fidelity
online investment services, and advice from your family doctor.” (Marketing An Introduction, Armstrong/Kotler,209). This is the books definition of
a product so it really can be anything.
Our product is more than just beer. I want the brewers themselves to be the bartenders because
who knows more about the beer we make than the people who made it. “Anything that can be offered to a market for attention,
acquisition, use, or consumption that might satisfy a want or need.”
(Marketing An Introduction, Armstrong/Kotler,209). I actually do
believe that the restaurant itself more so than the products offered are our
product, People can go and get a
beer anywhere and yes if our beer is good people will come back because it’s
the only place that they can get it.
However if the atmosphere is not to their liking then no matter how good
the beer is they won’t come back for it.
People will come back because our product is superior to anyplace else
in Henderson. We also will have the most knowledgeable and friendly staff around.
Target Market Strategy
Target market
A set of buyers sharing common needs or characteristics that the company decides to serve.(pG10)Target market strategy, the question should be what is our target market? I would say it is a wide variety of people from all different age groups. The drinking law is set at age 21 but since we are a restaurant too our market is people of all ages. Typical advertising strategies will be used to gain a typical restaurant following. Everything from local television to local radio commercials will be used, also targeting the channels and times when most people are listening or watching. So that would be from 7 am to 9 am while they are commuting to work. From 4pm to 6 pm when they are commuting home. Also from 7pm to 10 pm on the local channels that are watched the most and have the most popular shows on them. The point here is to get people to know the name House of Brews, the name is funny and clever and not easy to forget. They will hear enough about it to make them curious about what the place is like. Once they come in for dinner hopefully they atmosphere and the prices will make them want to come back again. We aren't planning any specials like "happy hour" to lure people in. We are just hoping the normal prices are resonable enough that they won't mind paying it. People know that local brews are going to cost a little bit more than your average Budweiser, but people are coming for something different than that so are expecting it. They know it's a higher quality beer and they know it will cost them a bit more than just a lame beer at a bar.
A set of buyers sharing common needs or characteristics that the company decides to serve.(pG10)Target market strategy, the question should be what is our target market? I would say it is a wide variety of people from all different age groups. The drinking law is set at age 21 but since we are a restaurant too our market is people of all ages. Typical advertising strategies will be used to gain a typical restaurant following. Everything from local television to local radio commercials will be used, also targeting the channels and times when most people are listening or watching. So that would be from 7 am to 9 am while they are commuting to work. From 4pm to 6 pm when they are commuting home. Also from 7pm to 10 pm on the local channels that are watched the most and have the most popular shows on them. The point here is to get people to know the name House of Brews, the name is funny and clever and not easy to forget. They will hear enough about it to make them curious about what the place is like. Once they come in for dinner hopefully they atmosphere and the prices will make them want to come back again. We aren't planning any specials like "happy hour" to lure people in. We are just hoping the normal prices are resonable enough that they won't mind paying it. People know that local brews are going to cost a little bit more than your average Budweiser, but people are coming for something different than that so are expecting it. They know it's a higher quality beer and they know it will cost them a bit more than just a lame beer at a bar.
SWOT Analysis
SWOT analysis is what every business needs to do while it is
developing its business plan. The book
defines it as,” The marketer should conduct a SWOT
analysis, by which it evaluates the company’s overall strengths (S), weaknesses
(W), opportunities (O), and threats (T). Strengths include internal
capabilities, resources, positive situational factors that may help the company
to serve its customers and achieve its objectives.(Marketing An Introduction, Armstrong/Kotler, 55) Weaknesses include internal
limitations and negative situational factors that may interfere with the
company’s performance. Opportunities are favorable factors or trends in the external
environment that the company may be able to exploit to its advantage. And
threats are unfavorable external factors or trends that may present challenges
to performance(.Marketing An Introduction, Armstrong/Kotler, 55)” So here we will
determine all of those things for my bar called “House of Brews”.
S: Strengths are beer
making knowledge, also people skills and training my employees with this
knowledge. Also my resources with knowledgeable
professional beer makers that I have contacts with; finally my own knowledge
having bartended for 4 years in my younger days. There’s the fact that people are going to
drink beer and alcohol no matter what it costs some people are addicts.
W: Weakesses include
myself being too nice and doing whatever it takes to get people to come in,
even I that means lowering prices or happy hour prices. Also I have never run a business before just
worked for one so I have no idea everything that goes along with that.
O: Oppourtunities
included being that we are in an alcohol friendly city, people who live here
hate going to the strip so if they can find that sort of atmosphere elsewhere
in the city they will come back over and over again.
T: The biggest threat
being the strip itself. I cannot compete
with the amount of money and resources that the hotels on the strip have. Also there are many other brew houses in the
area that already have established clients so how will I pull them away from
those places and into mine.
Objectives
The objectives are similar to what any person that opens a bar would be. No it's not just to sell beer and alcohol, it's similar to the business mission statement that was previously stated in other blogs. We want more than just to sell beer, we want to establish ourselves as the premier pub and restaurant in the greater Henderson area. "Strategic planning sets the stage for the rest of the planning in the firm. Companies usually prepare annual plans, long-range plans, and strategic plans. The annual and long-range plans deal with the company’s current businesses and how to keep them going. In contrast, the strategic plan involves adapting the firm to take advantage of opportunities in its constantly changing environment."(Marketing An Introduction, Armstrong/Kotler,39) Planning is one part of the objectives and only through planning can you hope to achieve your objectives.
Objectives can probably change from time to time. Like right now the objective is just to get this project off the ground and get the money and support to get the place going. After that the objective will be to start the production precess, including building the building and brewing the beer and developing the menu and food items needed to order and a food supplier too. Once all that is achieved then we can finally start the advertising process leading up to the opening and developing a customer following.
Objectives can probably change from time to time. Like right now the objective is just to get this project off the ground and get the money and support to get the place going. After that the objective will be to start the production precess, including building the building and brewing the beer and developing the menu and food items needed to order and a food supplier too. Once all that is achieved then we can finally start the advertising process leading up to the opening and developing a customer following.
Business Mission Statement
The book defines a mission statement as follows,” A mission statement is a statement of the
organization’s purpose—what it wants to accomplish in the larger environment. A
clear mission statement acts as an “invisible hand” that guides people in the
organization.”(Marketing An Introduction, Armstrong/Kotler,page 39) It honestly says
nothing about money at all. What it does
is tell people what your goal as a business is.
We all know the ultimate goal is to make money so you don’t even have to
say that. It’s easy to say hey we sell
beer and good food at a reasonable price.
Yeah people get that; the mission statement should be about how you are
different from the rest of your competition.
“Mission statements should be market oriented
and defined in terms of satisfying basic customer needs. Products and
technologies eventually become outdated, but basic market needs may last
forever.”(Marketing An Introduction, Armstrong/Kotler,page 40)
The Mission Statement for my business: a bar/restaurant called "House of Brews" is as follows. To provide quality service and product to the patrons of the restaurant, using creative and advanced ideas about brewing beer.
BOC Week 8: Progress on my final project
I’m excited about my bar idea, honestly if I did it for real
I think it could be a really good idea.
I found a place to build it in too.
People love beer and a lot of people like new ideas and original beers
that they have never seen or tasted before.
I talked to a few culinary people to see if they had any ideas that
could involve beer in the recipes. They like
the idea of it and got to work looking for recipes for me, I’m excited for what
they could make for it. If I did the
idea for real I may hire these people to design the menu for me. If you go to these type of places here in the
city they always seem to be busy but of course it’s a certain kind of person
that goes into it. I would say it’s more
of a younger crowd willing to try new things.
Sometimes some of the older people are kind of set in their ways and aren’t
really willing to try new things. So I’d
definitely try to market my product to the younger crowd maybe around the university
and malls. Places where the younger crowd
would visit and see the advertisements. I have gone around and polled people that I know as well as various clients that come into the restaurant I currently work in and 80% of the people polled said they would at least give it a shot and go eat one time, mostly just to try the different beers.
Monday, February 25, 2013
Week 7 EOC: Bar Pitch
So I’ve just been given every man’s dream scenario, the ok
to create and market his own bar!
Oh man so many ideas going through my head right now. What can I do? What kind of bar should it be? What kind of drinks do I serve? Should I have gambling? I mean this is of course Las
Vegas. So when it came time to
decide what it should be I thought about what I’m good at and what makes me
happy. Beer of course, beer is one
of my favorite things in the world.
Not only do I love to consume it but I can also make it as well. So why not put my talents to good use
and create a brewery that not only makes beer and serves it there but also uses
the beer in the recipes for the restaurant. Obviously I would have to create at least a half dozen beers
to serve, good thing I have my own recipes that I’ve created and written down. Also with the help of my Brother who
makes beer with me and my father we can come up with a whole bunch of different
flavors to serve. Let’s face it
different people like different kinds of beer so we are going to have to
develop everything from a light lager to a heavy stout. From a lightweight cider to a heavy
hoppy IPA with 9% alcohol content!
I myself have been searching around the city to find a good area to
start this brewery, and I’ve found a few looking online for already established
buildings for sale with liquor licenses.
Fortunately I have found a few places but one in particular is 5000
square foot recently remodeled area in 2011 that has a big bar and is big
enough I can cut it in half to make half of it the brewing area.
Wednesday, February 13, 2013
EOC Week 6: Me X 3
The first thing that defines me would definitely have to be my guitar. It's a John Mayer signature series Fender Strata-caster the one you think of when you think of fender guitars. It's easy to explain why because music is my life and this guitar is my weapon of choice to make the music that I love. I love the Strats because they are light weight and I love the twangy kind of sound that you get out of this particular guitar. Also anyone who knows me knows John Mayer is pretty much my Idol, heck people here at school gave me the nickname John Mayer. It's my favorite possession and one that I use more than any other thing that I own.
The next is definitely my car, it's a Blue Subaru WRX. Since they first came out in 2002 I have wanted one, and i finally got one two years ago. I call her Smurffette because she is blue. One of the reasons I got it is because of the color, blue is my favorite color especially that shade of blue because it's a bit darker pretty much the color of the Smurfs. It kinda of symbolizes me as a young man, it's definitely a young man's car but a young man who has been successful so far in life and I would say I have been because I have made enough money to afford it. It also is fast without being really a sports car, it's turbo charged and a stick shift which makes it feel super race car like and I love it so much.
The last is actually the shirt I am currently wearing. It's a Nike pro kind of warm up shirt but with the logo of my favorite football team, The Denver Broncos. I mean two minutes into interaction with me and you will find out that I am a huge Broncos fan, not only that just sports in general I love. I wear this shirt every Sunday during football season, not so much for good luck because they have had good and horrible seasons whether or not I wear the jersey but just as a symbol. You see it and immediately you know oh he's a Broncos fan. I will sport it whether or not they win or not either, I'm not ashamed in the least and I'm not a band wagoner at all, I have loved them since I was 5 years old. Seen them win two Super-bowls and also go 4 - 12 and have the second overall pick in the draft. This shirt is just me explained perfectly, it's sporty and informative at the same time without being too flashy.
The next is definitely my car, it's a Blue Subaru WRX. Since they first came out in 2002 I have wanted one, and i finally got one two years ago. I call her Smurffette because she is blue. One of the reasons I got it is because of the color, blue is my favorite color especially that shade of blue because it's a bit darker pretty much the color of the Smurfs. It kinda of symbolizes me as a young man, it's definitely a young man's car but a young man who has been successful so far in life and I would say I have been because I have made enough money to afford it. It also is fast without being really a sports car, it's turbo charged and a stick shift which makes it feel super race car like and I love it so much.
The last is actually the shirt I am currently wearing. It's a Nike pro kind of warm up shirt but with the logo of my favorite football team, The Denver Broncos. I mean two minutes into interaction with me and you will find out that I am a huge Broncos fan, not only that just sports in general I love. I wear this shirt every Sunday during football season, not so much for good luck because they have had good and horrible seasons whether or not I wear the jersey but just as a symbol. You see it and immediately you know oh he's a Broncos fan. I will sport it whether or not they win or not either, I'm not ashamed in the least and I'm not a band wagoner at all, I have loved them since I was 5 years old. Seen them win two Super-bowls and also go 4 - 12 and have the second overall pick in the draft. This shirt is just me explained perfectly, it's sporty and informative at the same time without being too flashy.
Wednesday, February 6, 2013
Week 5 EOC: Superbowl Commercial
So far and away the best commercial of the super bowl was
the GoDaddy.com commercial with the nerdy dude making out with the hott
girl. It was also the most controversial
because the kiss lasted for so long and the sound was really intense, once again
proving that sound is the most important thing in the a production like that
and I’m in the right business. "Go Daddy always stood for sexy. We said,
you need to stand for more, you need to stand for smart," this is a quote
from the commercial’s director who they hired specifically for the commercial.
(http://www.buzzfeed.com/tessastuart/go-daddys-superbowl-kiss-creator-defends-the-cont)
To be honest I think its genius while
others thought that it was disgusting, but you remember it don’t you? “On Tuesday, GoDaddy revealed that the
Monday following the Super Bowl was the biggest sales day in the history of the
company. “(http://www.huffingtonpost.com/2013/02/05/go-daddy-super-bowl-nerd-kiss-ad-biggest-sales-day-ever_n_2623541.html) So there you go advertising does work and
when you do it right it works well. I
don’t understand why people hated on it so much, you know what superbowl
commercials are, you know that they are supposed to be funny. What happened to our sense of humor as
people? Oh she’s hot and he’s kinda a
nerd it could never happen in real life.
That’s why it was so hilarious!!
Somehow according to popwatch.com 77% of people voting said that it was
the worst commercial. Now I’m thinking
that’s a good and a bad thing. The most
important thing is to be memorable and honestly it’s the only commercial that I
remember and I wasn’t even drinking during the game. They are always know for making commercials
like this, honestly I think some of the other ones are even worse. The ones with Danica and Jillian in the shower
or naked or being drawn on? Why didn’t
those create more of a negative buzz than this one, just because they’re making
out? Come on people grow up and get a
fricken sense of humor!!!!
Monday, February 4, 2013
EOC Week 4
If I was to create an app, oh man I hate to say it but their aren't too many new good original ideas out there. It would have to be an app that searched songwriters up no matter what song you wanted to check. I would have a data base that not only showed the performer but also the person or people who wrote the song itself. I know a lot of famous performers don't write their own songs, it's usually a group of people working together, especially nowadays. I like to take pride in the fact I perform every instrument in everyone of my songs and have had no help from anyone else at all. Songwriters I feel do not get enough credit for the beautiful things they create and too much credit goes to the person singing or playing it. One day I do hope to be a professional songwriter, because I do feel like that's the hardest thing in the world to do and I'd like to think that I'm pretty damn good at it. If you to my sound cloud: https://soundcloud.com/peter-sullivan-5 you can see all the stuff I've come up with, yeah you don't have to tell me it's good I already know. So in searching I can't seem to find another app like this, there are ones that tell you about the performer but not all the song credits. So maybe if I had the resources to develop it I would love too although I don't know how I could make any money off of it because I wouldn't want to charge people to download it.
Wednesday, January 23, 2013
EOC Week 3 Making Money For Good
Humanities is started by the actor Paul Newman, I don’t know
if many of you have heard of him but he was pretty famous back in the day. Newman’s Own
Foundation is an independent, private foundation formed in 2005 by Paul Newman
to sustain the legacy of his philanthropic work. Funded entirely through the
profits and royalties of Newman’s Own products, the Foundation does not
maintain an endowment, raise funds, or accept donations. The Foundation believes
that each of us, through the power of philanthropy, has the potential to make a
difference. We support nonprofit
organizations committed to having a direct, long-lasting impact on the
challenges they take on. Since 1982, when Paul Newman first declared, “Let’s
give it all away,” more than $370 million has been donated to thousands of
organizations helping people in need around the world. (http://newmansownfoundation.org/about-us/) This is the exact quote from the
website about what they do. However
there is a man named Jude Wallenbrock who instead of creating a wine company
just to sell wine he has started a company that gives to charity. Now he isn’t associated with Newman foods but
he used them as a big influence in how to get his business started. The winery has
one unsalaried employee (Wallenbrock) and no assets save a few wine barrels. The
only overhead is a cell phone. Wallenbrock has chosen three charitable causes:
homelessness, hunger and literacy. After studying which charities work best in
these areas, he has decided to donate to Habitat for Humanity, America's Second
Harvest and Reading Is Fundamental, all philanthropic organizations with a national
or international reach. (http://www.humanitaswines.com/assets/client/File/SFChronver2.pdf) He actually does work for a wine
company too but he hopes to one day move away from that and focus solely on
Humanitites. Their
goal still first and foremost is a wine company though and they want to make
good wines. But Humanitas is first and
foremost about the wines. We are wine
people -- pure & simple. Our goal is
to make outstanding wines and sell them affordably. And we also want to 'do something good' for
the world. We married these two passions
and Humanitas was born. (http://www.humanitaswines.com/Our-Story)
Week 3 EOC My Demographics
So according to the book I fall into the category of Millenials which is somebody born between the years of 1977-2000. Apparently there are 83 million of us and we have somewhere close to 730 million dollars worth of purchasing power, which sounds about right. Right now we are the digital generation, the majority of us grew up with access to a computer. For me yes, I can't even think back far enough to remember not having a computer to go onto. I can barely remember not having the internet, but for the most part it has been a huge part of my life. As more people have come to the United States yes the country has gotten more diverse. However that really doesn't apply to me being the typical Caucasian, blue eyed, blonde hair male with no barriers to stop me from achieving all of my goals. Just like every person my age we are very technology savy, there's no way any of us don't know how to use a computer or go on the internet, use facebook, heck even build out own webpage and start a blog or tweet about god knows what. All that stuff is second nature to all of us and someone not knowing how to do it really blows our minds.
We are definately demanding of a more independant marketing strategy coming at us. We are a generation of individuals who are out to all make a name for oursleves. It seems like everyone in this generation wants to me famous in some way. I know myself I want to be a famous Rock Star. The strategy is to make things independent to us, say something like make it your own or custom made just for you are the best ways to get to us. Like I say every body wants to be famous or treated like someone famous.
We are definately demanding of a more independant marketing strategy coming at us. We are a generation of individuals who are out to all make a name for oursleves. It seems like everyone in this generation wants to me famous in some way. I know myself I want to be a famous Rock Star. The strategy is to make things independent to us, say something like make it your own or custom made just for you are the best ways to get to us. Like I say every body wants to be famous or treated like someone famous.
Wednesday, January 16, 2013
Week 2:Boston Consulting Group
Obviously you have the big three when it comes to video
gaming consoles, Playstation, XBOX, and Nintendo with its WII. When it comes to analyzing them on the BGC
scale, I would say they may fall into different places on the chart. Now Nintendo is a weird story because it has
the DS as well as the Wii which according to figures is the bestselling platform
right now. The younger audience definitely
is the target market here, you see tons of kids with DS and as kids get older
more of them are getting them so it would definitely fall into the Star
category on the BGC chart. “Nintendo in June sold more than 155,000 of the 3DS
console, more than 150,000 of its older Nintendo DS portable and almost 95,000
Wiis, the company said in an e-mailed statement today, citing data from
researcher NPD Group.” (http://newyork.newsday.com/news/nation/nintendo-ds-handheld-sales-surpass-5-million-1.3839546)
I may have to make Microsoft the question mark on this especially after
introducing the new campaign on the kinnect featuring the Nike Fit
program. “Microsoft
Corp said on Monday sales of its revolutionary Kinect sensing device for the
Xbox game console have hit more than 18 million just over a year since launch. Popularity of the device has helped Microsoft
Xbox recently outsell Nintendo's Wii and Sony's PlayStation in the United
States game console market.” (http://www.huffingtonpost.com/2012/01/09/microsoft-kinect-ces-keynote_n_1195735.html) Sony is sitting in the Cash Cow area, I
don’t feel like they are making any innovations but they aren’t losing any
customers either. I would say they
appeal more to the older gamer, people around my age because they have more
mature level games with more adult material in them. They haven’t come out with anything terribly
new and revolutionary to compete with the Kinect so they may lose some
potential customers because of that. “That might come as a surprise to those who have been
following research firm NPD's monthly game industry sales announcements.
Earlier this month, NPD revealed that for October -- and for the 22nd month in
a row -- Microsoft's Xbox 360 sales outpaced all other consoles. Microsoft
announced that it sold 270,000 units in October and held 56 percent of the
current-generation console sales during the month.” (http://news.cnet.com/8301-10797_3-57551097-235/watch-out-xbox-360-here-comes-the-playstation-3/)
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