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Presentation 2 - Sell your idea. (Make people invest in our idea)
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INDEX1. Executive Summary
2. Business Information
3. Situation Analysis
-Market -Position -Competitor -Business Cycle -Target -Consumers Analysis4. Marketing Mix
5. Creative Brief
6. Advertising Plan
7. Budget Explanation
8. Profit Explanation
1. Executive Summary
Executive Summery
Dream Catcher is a new opening company in blind match making service market. The
D.C has strong point in young trends and understanding consumers in university,
which are core consumers of blind match making service. Now, the D.C is trying to
open the company and leading the market starting in Seoul and trying to become
“only 1” position for university students.
By opening the company, advertising and campaigns, the company will focus on
targeting young adults who like to have boy or girl friends. To grab the attention of
consumers, the D.C will provide multi-services to needed consumers to increasing
loyalty and trustiness to company.
2. Business InformationBusiness Name
Business Perspective Business item
Business database Business Systems (Ranking, agreement, information)
Name of Company
Dream Catcher Inc.
Name of Services
1. Blind date matching service based on each consumer’s want2. Consultant service for people who has problems about love3. Supporting service for consumers who needed special events
Core & Sub Target
Core Target : All university students who want become coupleSub Target : People who needed help for solve problems about love
Business Name
Business PerspectiveGuideline
Focus to providing services to university students to creating new market & become “only 1” position in market.
On-Off 1. Using multi-channels to increase the synergy effect
Target 1. Providing target based service2. Focus on new consumers
Exploration1. Cover Seoul to country side2. Reform of new business plan3. Strategic alliance to special service providing companies
Business itemService
Core Service
Providing full package from blind dating to consulting service (P-1)
Providing blinding service only for consumers who wants specific wants (B-1)
Providing counseling service for people who has problems in out-going (C-1)
Sub Service
Providing events consulting service with lent service for consumers (E-1)
Data Base
Data Base
On-Line : use for search and match people
Off-Line : use for keep the consumer information
Data base security
Will make contract to security providing service company to protect from hackers and any kind of accidents.
Contract Company : S-One Safe Talk
Agreement
Personal Information
Ranking System
3. Situation AnalysisMarketPosition
CompetitorBusiness Cycle (Timeline)
Target Consumers Analysis (Survey, Result & Insight)
Market
Situation Analysis
Market size and shares
No markets exist till now. Similar service providing market is controlled by oligopoly In Korea, most of students are enter to universities Market can be controlled by first come in company Market has own circulation system to refresh consumers.
Size of target consumers
Solo 593692 40%
Potential 890538 60%
Date : National Statistics Office
Position
Specialty
Multi
Content based
Consumerbased
DuoGa-Yeon
D.C
Situation Analysis
The market situation is basically focused to only matching marriage. The service
for university people is not exist for now.
Situation Analysis
The competitor are not exist at this point.
but after two years, the expected competitors will be Ga-yun and Duo, which are
large companies in matching service market.
Competitor
Business CycleTimeline
Basis Exploration
2014 2014 2015 2015 2001620016 2017 2017
Open Service
Focused on Universities in Seoul
Strategic Alliance explorationReform Business
Starting service in SudoguanStarting Mobile service
- For the first year, focused to open market and create positive images about D.C.
- After the two years, the D.C will do offence marketing and increase the size of company and coverage of the
market to keep the market shares from new competitors and keep the position of “The Only 1” in the market.
Consumer Analysis
Current Situation
- Since out-going become important part of university life to consumers and potential consumers, the wants of chance to meeting and making boy or girl friends are highly increased. But nowadays, the consumers are not satisfy their wants of having chance to meet girl or boys cause of lot of reasons. The consumers want to some one manage the meeting or chance to meet the boy or girls for them.
Target Analysis
- Since the university become important, the consumers want to maximize their joy in university life. According to the research, more then 80% of students wants boy, girlfriend.
Target
Consumer AnalysisSurvey
What is your age?
Under 20 21 ~ 24 25 or more
What is your gender?
Male Female
Which university you are in?
Do you have boy or girl friend?
Yes No
Do you have experience to go blind dating?
Yes No
Will you use if blind date match service exist?
Yes No
What do you usually want when go out for blind date?
Consumer AnalysisSurvey Result
Through the survey, the most of students shown they has interest about blind dating and they have high willingness to pay around 10000KW for one meeting.
The female students shown, they want to enjoy and try the blind dating to find good
boy friend to just for fun.
Through the survey, the most of university students has interest on blind dating and positive opinion about the matching company as long as its not goes serious as
marriage match making companies
Consumer Analysis
Behavior
People who want to have lovers to enjoy the university life and want to go out with boy or girl friends during break time or holidays to cinema or zoo.
Ex: Lucy is 21 years old young student. She like to go out with boyfriend during break times to go to café and also like to visit cinema with boy friend to watch new movies.
Demographic
Students, who are staying in urban area and highly educated
Ex: John is young (23) male student. he is senior of the university and living in the campus in Seoul. He spend most of time to do study in library. So he want to making girlfriend but he had no chance to make it.
Psychography People who has highly interested to making boy or girl friends People who has just come in to the university with own images People who have own life style and hobbies.
Ex: Eliza is 20 years old university student, which are just come in with own imaginations about university life. She study so hard to come in to the university, so she really want to have cool boy friend during the university life. She want to find some one who can go to skiing with her.
Insight
4. Marketing Mix
Marketing MixSIVA
Information
Solution(product)
keep the quality of service and care about the loyalty and satisfying level of the service to consumers to keep the consumers and barriers to enter.
Information(Promotion)
Use the events and billboard promotions to teach about the service to potential consumers and use the internet and out door advertisings to increase consumers
Value(Price)
The price of the service are set not high too much so consumers feels this service is too expensive and care about the outcome when compare to the income.
Keep the price low and create the profit by large number of consumers and providing extra services
Access(Place)
The access will open in the on-line to become member of service and the consumers will have meeting with D.C counselling manager when ever they want and where ever they want to meet.
Opportunity Analysis
Marketing Mix
Opportunity
Place Don’t need large place to run. On-line system is well produced in Korea. The new market situation is very positive
Price Don’t need high cost to run and open the business The D.C provide service in reasonable price to consumers
Promotion Targets are have high interest about business Targets will meet the promotions very easily Events services will become good promotions it self
Product The D.C can provide what targets wants The collaboration service will effective
Result
The market is brand new, but the situation of market is green and at this point, the company can become market monopolistic position in this new market.
5. Creative Brief
Creative BriefThe new business of D.C. company suggestion.
Background Since the university student become huge market in people matching service, needs to open market is getting increases.
Marketing Objective Open new market and become “only 1” in market
Communications ObjectiveTo creating new service to university students, increase the number of consumers from interesting or fun to trustable company
Target Audience Student, who want lover & has problems to lover
Profile
Primary: Dina is a 24 year-old and she is a senior of Hanguk University. She is spend most of time to study and do school works. She think, she need a boyfriend, who will go out with her and spend time with her during the university life. She really want good boy but she don’t know how to meet good boy and become couple.
Secondary: Eliza is a 21 year old and has boy friend already. For the first few weeks she was happy with boyfriend but time goes by, she feels she need something to reposition between her and boyfriend. But she don’t know how to do and she need help to find the right way to fix it.
The new business of D.C. company suggestion.
Current position Not yet enter to the market
Reposition Become “Only 1” position to consumers mind
Promise/Support/RTB
The D.C will provide right match for peopleThe students want to have boy, girl friend.The D.C will keep the secrets of consumersThe D.C will provide counselling for even after the matching
service is finished
Message D.C introduce right people for matching
Tag Line “Why are you alone?”
Consumer Insight Students in the university and wants to have boy or girl friend and want to solve problems occurs from couples.
Personality Friendly, trust and trendy.
6. Advertising PlanConceptPoster
Social MediaEvent
Advertising PlanConcepts
Concept Information
Out-door Poster
On-Line Social media marketing
Off-Line Event marketing
Advertising Plan
Poster
Advertising PlanSocial Media
Open Page Program
Date Open all the time
Message Its our stories.
Expectation Create friendly images and make feel D.C as friend
Creating own official social media page for D.C and write down works and events and happenings as diary, which are open to every body. This will increase the interest about D.C and what D.C provide when people see the social page of D.C and while they reading the pages. This will also make them to feel D.C as close friend, when people write down happenings and share memories.
Advertising PlanEvent
For You Program
Date Two times in one year
Message Special for you
Expectation Keep the loyalty on D.C
Choose two couples, which are become couple cause of D.C and give then chance to free travel to Jeju island for 2night 3days. through this events programs, the consumers will notice that D.C is keep concerning consumers even after the service, and this will make consumers will return to D.C with new consumers.
7. Budget Explanation
Account for 2014 KW
Time Items Number Per income Total Income Charge Per spend Total Spend Charge
03, 14 Open Business 1 200000000 200000000 200000000
03, 15 Rent Office 1 1500000 1500000 1500000
03, 15 Buy Utilities 10 800000 8000000 9500000
03, 15 Utilities - Month 1 10 40000 400000 9900000
03, 16 Securities -Month 1 1 1000000 1000000 10900000
03, 16 Rent Server - Month 1 1 1000000 1000000 11900000
03, 20 Advertising Fee 5 1000000 5000000 16900000
04, 01 Utilities - Month 2 10 40000 400000 17300000
04, 01 Expected Income for March 500 35000 17500000
04, 15 Securities -Month 2 1 1000000 1000000 18300000
04, 15 Rent Server - Month 2 1 1000000 1000000 19300000
04, 15 Salary 10 2000000 20000000 39300000
04, 29 Expected Income for April 600 35000 21000000 38500000
05, 29 Spend 1 23900000 23900000 63200000
05, 29 Expected Income for May 1200 35000 42000000 80500000
06, 29 Spend 1 23900000 23900000 87100000
06, 29 Campaign 2 1000000 2000000 89100000
06, 29 Expected Income for June 1100 35000 38500000 319000000
07, 29 Spend 1 23900000 23900000 113000000
07, 29 Expected Income for July 600 35000 21000000 340000000
08, 01 Spend 1 23900000 23900000 136900000
08, 29 Expected Income for August 500 35000 17500000 357500000
09, 29 Spend 1 23900000 23900000 160800000
09, 29 Expected Income for September 1200 35000 42000000 399500000
10, 29 Spend 1 23900000 23900000 184700000
10, 29 Expected Income for October 1220 35000 42700000 442200000
11, 29 Spend 1 23900000 23900000 208600000
11, 29 Campaign 1 10000000 10000000 218600000
11, 29 Expected Income for November 1500 35000 52500000 494700000
12, 29 Spend 1 23900000 23900000 242500000
12, 29 Campaign 4 2000000 8000000 250500000
12, 29 Expected Income for December 1500 35000 52500000 547200000
01, 29 Spend 1 23900000 23900000 274400000
01, 29 Expected Income for January 510 35000 17850000 564750000
02, 29 Spend 1 23900000 23900000 298300000
02, 29 Expected Income for February 400 35000 14000000 578700000
02, 29 Campaign 3 2000000 6000000 304300000
03, 01 Dividends 1 37200000 37200000 341500000
03, 01 Carry-Over 1 237200000 237200000 237870000
Sub Total 578700000 578700000
8. Profit Explanation
Expected Profit Year Target Expect Profit Percent
2014 10830 (3% Seoul) 37,200,000 37%
2015 21660 (6% Seoul) 45,900,000 46%
2016 29684 (2% Korea) 11,500,000 11%
2017 74211 (5% Korea) 130,000,000 130%
2018 80000 (5.2% Korea) 140,000,000 140%
BE A