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Assessment of Unmet Need. Team D : Fabiola Perez, Jenny Park, Nancy Felix, Byron Carbajal . Objectives . Define our PTA Locate potential customers Conduct market research to: Learn buying habits Establish location to enter market Interpret results of market research Determine CVP - PowerPoint PPT Presentation
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DelightfulDesignatedDrivers
Assessment of Unmet Need
Team D: Fabiola Perez, Jenny Park, Nancy Felix, Byron Carbajal
DDD
Objectives Define our PTA Locate potential customers Conduct market research to:
Learn buying habits Establish location to enter market
Interpret results of market research
Determine CVP Evaluate Customer Feedback Overall assessment of unmet
need
DDD
Primary Target Clearly Defined Customers
Ages 25-34 Males and Females Psychographics
Lifestyle Frequent Drinkers Enjoy bars & night clubs
Income >$35,000 How decision was made
Location
DDD
Desired Location
DDD
32 Surveys 19 Males 13 Females 56% between
ages 25-34 50% >$35,000
11 Questions Average # of
times they go to bars/night clubs 6x a month
Survey Details Alcohol
consumption 53% 4-6
beverages 25% 7-9
beverages 13% >10
17% Never heard of this business idea
CVP Positioning Statement
We asked our target group questions to assess if there was truly a Customer Value Proposition (CVP)
Have they ever left there vehicle overnight? 69% said Yes
Have they used a cab or other DD service? 56% said yes
CVP continued When asked if they would pay:
81% Yes
Reasons why they wouldn’t: Too Expensive
Likeliness of using service? 81% said they were likely
25% were very likely Concept is a customer benefit
$25 flat price (5 miles only)$40.00 (1st 10 miles + $2.00/a mile thereafter)$60.00 (1st 20 miles + $2.00/a mile thereafter)
DDD
Most important factors in choosing our service 1. Convenience 31%2. Price 27%
Preferred means to purchase service? 1. On Location 45% 2. Phone call 18%
Preferred method to receive information?1. Bars/Nightclubs 37%
Customer Input
DDD
Hypertargeting Internet 33%
2nd preferred method Establish cost effective ways to
reach consumers Hypertarget/Hypersegments Hypertarget Dimension
Age 18-24 25-34 35-50 51+Gender M F - -Income <$20,000 $21,000-34,000 $35,000-50,000 $51,000+Location Long Beach Pasadena Marina Del Rey Arcadia Interest Reading Movies Bars/Night Clubs Family
DDD
Left Vehicle Behind Price Alcohol Consumption0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Key Factors for Unmet Need
91%
81%
Overall Assessment
69%
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