16
Give It Legs LLC “Concept to Consumption Model”

Give it legs concept to consumption model copy

Embed Size (px)

DESCRIPTION

Give it legs concept to consumption model copy

Citation preview

Page 1: Give it legs  concept to consumption  model copy

Give It Legs LLC“Concept to Consumption Model”

Page 2: Give it legs  concept to consumption  model copy

Phase I: Research

ConceptEvaluatio

nNiche Probing

ProtectionPrototyp

ePricing

Manufacturing

Packaging

FundingDigital

Strategy

Distribution

Promotion Consumption

Phase II: Development

Phase III: Marketing Communications

Page 3: Give it legs  concept to consumption  model copy

• Present Pro forma including Executive Summary & Situational Analysis

• Recommended Research Strategy (Empirical, Primary, Secondary)

Concept

Page 4: Give it legs  concept to consumption  model copy

• Recommend Creative Alternative Strategy

• Creative Client Placard

• Risk Analysis/Rating System

Evaluation

Page 5: Give it legs  concept to consumption  model copy

• Identification of Target Market Segments

• Refinement of Specific Customer Profile

• Validate Assumptions & Minimum Viable Product

Niche

Page 6: Give it legs  concept to consumption  model copy

• Research Competition & Pricing

• Define Total Market Share Potential

• Sales Forecasting for Fiscal Year

Probing

Page 7: Give it legs  concept to consumption  model copy

• Provide Legal Consulting for Intellectual Property

• Determination of Need for Protection

• Patenting, Trade Marking, Copyrighting & Corporation Formation

Protection

Page 8: Give it legs  concept to consumption  model copy

• Consulting on Initial Prototype Design

• Outsource Design Engineer

• Draft Blue Print

• Identification of supplier, raw materials, services

Prototype

Page 9: Give it legs  concept to consumption  model copy

• Set Retail Price Point from GIL Formula

• Produce Cost Analysis

• Determine Profit Margins (Raw Materials, Supplier, Inventory and Transportation/Shipping Costs - Retail Price)

Pricing

Page 10: Give it legs  concept to consumption  model copy

• Identification of Source: Domestic or International

• Determine Most Cost-Effective Source for Optimal Profits

Manufacturing

Page 11: Give it legs  concept to consumption  model copy

• Commitment to Customer Fulfillment

• Delivery & Transportation Methods

• Identify Storage/Warehouse Options

• E-Commerce vs. Retail Fulfillment

Inventory

Page 12: Give it legs  concept to consumption  model copy

• Determine Packaging Design & Logo

• Emphasis on Visual/Psychological Appeal

• Determine Most Cost-Effective Physical Materials for Package Design

Packaging

Page 13: Give it legs  concept to consumption  model copy

• Determine Go-to-Market Costs & Appropriate Funding Strategy

• Locate Venture Capital, Crowd-Funding, Angel Investors (If necessary)

Funding

Page 14: Give it legs  concept to consumption  model copy

• Website Development & Management

• Social Media MarketingCampaign: Set Up, Management & Content Curation

• Digital Advertising Placement & Creative Work for Facebook & Google AdWords

• Search Engine Optimization

Digital Strategy

Page 15: Give it legs  concept to consumption  model copy

• Locate National Direct/Retail Representatives

• Determine Need for National Sales Team

• Locate Potential Channel Partnerships for increased sales and promotion

Distribution

Page 16: Give it legs  concept to consumption  model copy

• Print Advertising Placement & Creative Work for magazines, newspapers, catalogues & any other forms of print

• Public Relations Campaign: Form relationships with top publications, journalists, columnists & local/domestic writers

• Coordination of trade shows and other events to promote product for sale

Promotion