CAKE PARTY IN A BOX!!!

Kendra M. Myers

American InterContinental University

A Managerial Approach to Marketing

May 28, 2014

About Cake Party in a Box

Patty Smith has been baking for over 15 years and comes from a family of bakers. She started making baked goods and placing them in cute boxes for friends and family during special occasions. Soon people were requesting that she make baked goods for parties and events, that’s when she decided to start her own business called CAKE PARTY IN A BOX!!!

She soon learned all the tricks and trades of the bigger professional bakers such as using homemade ingredients, special machinery for decorations and then she started making up her own ideas for her bakery.

Cake Party in a Box already has a loyal clientele which is one of the biggest reasons that Patty Smith must open a store front, her kitchen is no longer suitable for the large orders she receives on a daily

She is a professional baker as well a superb decorator and able to quickly whip up any flavor and any design that anyone request.

Products & Services Three sizes of cupcakes to choose from

Cakes

Cookies

Cake Pops

Brownies

Push-up Cake

Assorted flavors of all goods

Custom designed goods

Gluten Free or Vegan on request

Catering

Delivery

Party Host

Baking Classes

Subscription Boxes

Party Boxes that include everything a customer will need to host their own baking class/event and also customized.

“Provide high-quality baked goods in an exquisite yet fun atmosphere for clients who seek a “gourmet” in either their own kitchens or in the bakery”

Missions & Objectives

Attain sales of $166k in the first year w/ $31k after expenditures

Increase second year sales by 50% and third year by 30%

Expand to two stores by the end of the third year

100 Box subscribers within first year

100 representatives to host parties by third year

Reevaluate business and create new concepts by the end of the third year

“dedication to having and providing high-quality ingredients with a ‘make it happen’ attitude will be needed”

Strategies

To be synonymous with ‘affordable, great-tasting, high-quality baked goods’

Display amazing goods, and go above and beyond for their clients.

Make clients feel uniquely special and appreciated

Use party events to gain more clientele

Target MarketMothers with children between the ages of 4 to 12

Women between the ages of 22- 45 years

Locals and tourists from all demographics who are looking for a sweet treat

Individuals or organization who are seeking catering arrangements for an event

Competition

Grocery stores

Home bakeries

Confections Cupcakes

Why there is no REAL competition

Grocery Stores aren’t as delicious nor do they have that ‘homemade’ taste

Home bakeries can’t do large orders, may lack the skill for customized treats and don’t have the brand awareness

Confections is far from the ‘beating path’ of Woodbridge, they also don’t have a in-house decorator and slightly priced higher than Cake Party in a Box

Differentiation

Quick Customized baked goods: photos, 3D design, gluten-free, vegan EVEN DOG TREATS!!!

The bakery’s atmosphere is fun and live!

The bakery is set up so clients feel they are at home

WE HOST PARTIES or give you the tools to host your own party

Delivery & Catering??? Check and Check!

Core Strategy Developing visibility within the Woodbridge, VA community

Leading to growth and commanding the market share within three years

Creating target advertising campaigns

Communication with current and potential consumers

Marketing Mix: Product

Bakery, caterer, party host and a subscription company

Variety of options

All homemade, cruel-free, GMO free ingredients

Subscription boxes give ingredients, tools, coupons, tools and recipes every month.

Marketing Mix: Price

Slightly lower than competitors not so much to undercut but because it is predicted that Cake Party in a Box consumers will buy products in larger quantities if price is slightly lower.

Also since the company will offer unique flavors, consumers will not think about ‘buyers remorse’ by trying different flavors.

The price objective: maximize quantity > price penetration

Price method: value- based pricing

Discounts for those who buy in larger quantities, seasonal discounts, and coupons

Marketing Mix: Place

Located in the heart of Woodbridge, VA.

Right off of the main exit from I95

Right by Potomac Mills Mall (one of the state’s largest tourist attractions, yes larger than the Pentagon, Arlington Cemetery, Williamsburg, Busch Gardens and Kings Dominion – people love their outlet malls)

In plain site and easy access from either direction

Marketing Mix: Promotion The Grand Opening will have live music, games, clowns, moon bounces, coupons, discounts, prizes and free tastings. The company will employ:

Facebook and other social media sites

Banner Ads

Mobile Communications with QR codes

Local Radio, and newspapers

Distribution

Direct Distribution

Customer can order online, on the phone or in-person

Customer can come to the bakery and pick up their orders

Depending on size of order, Cake Party in a Box can deliver the order

Customer Relationship Management

WINDS CRM for BAKERY CHAIN

Regular, Special, & Institutional Order Processing

Route Sales

Delivery Management

Customer Management

Daily Sales and More!

Elevator Pitch “A bakery with a fun environment that caters and/or helps host parties with low prices, a convenient location, and high-quality ingredients AND meets whatever demands a customer may have is not a concept or dream it is here, and it’s called Cake Party in a Box.”