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Amplifying Your Investment: A Powerpoint Presentation on Marketing a Boombox Modding/Restoration Business.
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PECHA KUCHA ASSIGNMENTCHRISTINE MA
AMPLIFYING YOUR INVESTMENT.
EVOLUTION OF THE MUSIC PLAYER
People love to surround themselves with music. Relax. Social events.
What is missing?
MISSING AUDIO PLAYER:
HINT: Popularity:
1980 – 1985.
Associated with: Hip-hop culture. Break-dancing.
BOOMBOX: The Stereo System.
Stereo system with two speakers and amplifier. Plays radio and cassette tape.
Image: Youth. Defiance – powerful
bass you can’t ignore
Extremes – ‘80s.
CURRENTLY TRENDING
‘80s influence today: Clothes - Nike Air
Mags (coming soon).
Food - Pepsi Throwback.
Movies - Smurfs.
MARKETING PLAN: PRODUCT
A business that sells custom and refurbished boomboxes.
I can: share the nostalgia and the fun of 1980s.
Restore the status an iconic symbol of the ’80s, a piece of history + a unique item.
CEO: BOOMBOX
BOOMBOX: THE STORE
Brick and mortar + internet.
Parts: chrome trim, retro/futuristic faceplates, visualizers, touchscreens..
Support youth (e.g. jobs, showcase art, sponsor youth events).
PERIPHERAL ITEMS
More profits + customer flow + support local art: Mix tape sales by and for customers with percentage
of sales going to store. Sell alt. mags, ‘zines, artwork.. Clothes + items: trendy, retro-cool.
PLACE
Online: Large reach.
Urban city: NYC, Toronto - Queen West, College Street.. Where the trend-setters
and music venues are. Yorkville.
Older consumers might prefer a quality, elevated-status image.
PROMOTION
Events: break-dancing, graffiti art, concerts.. Flyers.
Internet: Facebook, related forums, interactive boombox site, viral campaign..
Out-of-Home.
PRICE
Customizing/parts = $20 per piece unless it's a modern piece of technology.
Restored vintage and rare ‘boxes’ = $600-$2,000+.
“The BaseBox” (a modern-classic style that be customized) - $200.
TARGET AUDIENCE
Men: late 30s - late 40s: Lived through period. Nostalgia. Has money to spend.
Men: 20s-early 30s: Trendsetters. Music, art, social. Enjoys unique retro
novelty item.
ENVIRONMENTAL FACTORS
SOCIAL: Retro tastes – are the
’80s “in” now? Do older consumers
feel nostalgic enough to buy?
ENVIRONMENTAL FACTORS 2
TECHNOLOGICAL: Cassette players –not
popular anymore. People are used to
small mobile devices.
ECONOMIC: Can people afford to
buy an expensive antique/novelty item?
SWOT FACTORS: STRENGTHS.
Interests: Promoting art , learning about cultures, and helping others.
Resourceful, problem solver.
WEAKNESSES
Not an electronics expert. But I can hire trade
students – jobs for youth and low cost.
Have to get boxes for product supply.
THREATS
Society: Niche market. But “Magic Pony” and
“Sugar Mountain” are doing well.
Economics: Products can be very
expensive.
OPPORTUNITIES
Resurgence of old music format sales* (see note).
Few places offer this unique product and service.
BOOMBOX RELEVANCY ONLINE
Youtube: Boombox (ft. Julian Casablancas) – The Lonely Island (NSFW).
Youtube: bboy doing a pump it up routine – bboysleep. Dance Dance Revolution
Breakdance.
Art: The Boombox Project - Lyle Owerko Go to: PORTFOLIOS ->
THE BOOMBOX PROJECT
Books: High Fidelity – Nick Hornby.
FINAL WORDS
You bring the double Ds.
The BoomBox is charged and ready to go..