Launching Yerba Mate Start-Up: VYM
-
Upload
keely-galgano -
Category
Business
-
view
983 -
download
1
Transcript of Launching Yerba Mate Start-Up: VYM
Yerba mate | team fiveJohn Foust, Keely Galgano, Elizabeth Gardiner, Nick Gelbard, Ryan Niland, Sarah Pai, Nicole Weaver
AGENDA
the brief target audience
OUR BRAND
LAUNCH PLAN
Budget + Expansion
distribution
the brief
! OBJECTIVE
! Bring Yerba Mate-based beverage to market.
the brief! SITUATION
! The caffeine market is over- saturated with coffee, teas, and synthetic energy drinks. People simply aren’t aware of what Yerba Mate can offer - yet.
! OBJECTIVE
! Bring Yerba Mate-based beverage to market.
the brief
! INSIGHT
!
Americans are overworked and coffee and energy shots are their diesel. Yerba Mate offers more focused energy and a clearer mind that can improve the daily lives of the American workforce.
the brief
! OBJECTIVE
Bring Yerba Mate-based beverage to market.
! SITUATION
The caffeine market is over-saturated with coffee, teas, and synthetic energy drinks. People simply aren’t aware of what Yerba Mate can offer - yet.
the brief
! INSIGHT
!
Americans are overworked and coffee and energy shots are their diesel. Yerba Mate offers more focused energy and a clearer mind that can improve the daily lives of the American workforce.
the brief
! SITUATION
The caffeine market is over-saturated with coffee, teas, and synthetic energy drinks. People simply aren’t aware of what Yerba Mate can offer - yet.
! POSITIONING
!
Mate has all the benefits of tea and the latest ‘health‘ drinks, but packs a punch like an energy drink. It’s tea plus.
! OBJECTIVE
Bring Yerba Mate-based beverage to market.
target audience
18-34 millennial influencers upper-middle class urban
Sizing Them Up: 80 million millennials in the US alone; 2.5x more likely to be early adopters
Working for the Weekend: 33% earn over $50,000;
1 in 10 make over $100,000
City Dwellers: 56% live in a city, 34% in a
close-in suburb
target audience
Big Spenders: Largest current and potential
spending for luxury items
The Carless Generation: 70% using multiple travel
options per week
They are the influencers: 85% rely on peer approval for
buying decisions
Sources: Boston Consulting Group, Think with Google, Forbes, Ad Age, APTA
Age: 24 Hometown: Santa Clara Current City: Brooklyn !• Self-starting entrepreneur;
now he works at a small start-up
• Hunter cares about his appearance, following the latest health trends !
• Each Saturday, you’ll find him at the local coffee shop reading The New Yorker and flipping through social dating sites
• Hunter doesn’t fit neatly into one box
meet hunter
!!!Age: 25 Hometown: Dallas Current City: LA !• Works as a curator at
the J. Paul Getty Museum
• She’s a tech-savvy trendsetter, but doesn’t let it rule her life !
• Blogs about everything she loves - nerdy obsessions and all - for the Tumblr world to see
• Kat can be found at her local SoulCycle each morning before work
meet KAT
day in the life
Our brand
THE product & Brand story
Energy w/o Jitters
Frenetic EnergyCalming Experience
Health w/o Hassle
THE healthy middle ground
Energy
Health
Zen
Natural
energy tonic?
defining a new category
innovative technology
the hot-can
pricing rationale
Starbucks Refresher $1.90
Starbucks Grande Coffee $1.96
Bai $1.99
Argo Tea $2.39
Synergy Kombucha $2.99
5-hour Energy $3.99
VYM $3.15
us vs. them
All-natural premium Yerba Mate | New category | Innovative technology
Launch plan
PR Push
Retain New York-based PR services with outreach to these suggested outlets:
trade and business
publications
fashion and lifestyle
publications
food and drink publications
influential bloggers
brand partnerships
Promoting wellness in the workplace
festival presence
south by southwestYearly Attendance: 300,000 coachella
Yearly Attendance: 675,000
bonnarooYearly Attendance: 150,000
lollapaloozaYearly Attendance: 300,000
potential
reach
1,425,000per year
airport promotions
O’HARE International Airport 1,900,000 passengers per day
Los angeles
international airport47,000 passengers per day
San Francisco International Airport
101,000 passengers per day
JFK International airport129,000 passengers per day
potential
reach
2,177,000per day
our creative point of view
creative pov
Creative tone in line with our target
Messaging will be product-focused
Deployed in target-appropriate media channels
brand website
Social / Twitter
Social / Twitter
Social / facebook
Social / instagram
bus shelter takeovers
Traditional
creative / Print
creative / Radio
creative / TV
distribution
the vym bus
baked energy
POP-UP storefronts
Budget + Expansion
year-one budget
Food Truck 100,000
Pop-Up Stores 96,000
Bus Shelter 84,000
Street Team 10,000
Festival Cart 16,000
PR Firm 60,000
Operating Cost 87,500
Total $541,000
If we produce 50,000 cans and sell 50% at $3.15/each, our revenue will be $6,250 leaving us
-$34,750 in year one.
brand expansion
product extensions
Long-term distribution
premium grab & go convenience stores
Long-term distribution
premium grab & go convenience stores
why it works
New category: Energy Tonic
Creative tone in line with our target
Unique brand experience
Distribution tactics that build relationships
thank you | any questions?