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Bull’s Eye Marketers. Team 8.4 Megan Romanowski-Project Concept Slide Ryan Anderson-Target Market Slide Steven Owens-Market Research Slide Chris Angell-Competitive Analysis Slide Lauren Peters-Market Research Slide All-Market Research Slide. Product Concept Here, Everyone has a Blast!.
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Bull’s Eye Marketers Team 8.4 Megan Romanowski-Project Concept Slide Ryan Anderson-Target Market Slide Steven Owens-Market Research Slide Chris Angell-Competitive Analysis Slide Lauren Peters-Market Research Slide All-Market Research Slide
Product ConceptHere, Everyone has a Blast! Description: • H-E-Blast is an interactive and supervised children’s play area that provides fun and care for children while parents shop Key Features: • Supervised care • Multi-dimensional activity zone • Safe , enclosed area inside the store • Security assurance system Benefits: • Free service • Easy, less stress, and more efficient shopping experience • Enjoyable for both parents and kids
Competitive Analysis Research on Competition: • Currently the H-E-Blast concept stands alone against its top competitors (Wal-mart, Target, etc.) • Wal-mart and Target use other methods such as in-store restaurants and video game stations to draw in families with children Successful Play Area Implementation: • IKEA • McDonald’s • Chick-fil-a • Gold’s Gym
Errand Sole Customer Family Customers Entertainment H-E-B Wal-mart Target Albertsons H-E-Blast Competitive Analysis Perceptual Map
Target Market • Basis for Segmentation: Demographic and Psychographic • Family Life Cycle Segmentation and Motives, Personality, and Lifestyles • Profile of the Target Customer: • Mothers (married or unmarried) • Several children • Stay at home mom or Sole provider • Looking for experiences • Size of the Market: • 931,800 H-E-B Female Customers (ages 18-65) in Texas with children PER WEEK
Market Research • Sample Segment Selection • Females with child experience • Babysitters • Older siblings • Mothers • Research Methods • Interview one-on-one • Conversational questioning • Gold’s Gym play area supervisor • Observational Study • HEB –Shadowing families and observing children in-store • Wooded Acres
Market Research • Exploratory Outside Research • Gold’s Gym - Kid’s Play Area Employee • Enjoys dealing and interacting with children • Needs to be bigger for crowded afternoons • Sign in and out with photo ID required of member • Workers CPR and First Aid certified • H-E-B Observational Research • Child disturbance causing distractions to both parents and other customers • Disturbances included rowdy behavior, candy theft, aisle traffic, and lengthy checkout process • Children riding inside carts taking away grocery item space
Market Research • Major concept strengths from research • Fun environment for kids • Parents gain freedom from their children • Relaxation while shopping • Major concept weaknesses from research • Safety of children • Candy gone wild • Will the kids actually enjoy themselves? • HEB Blast improvement ideas • Incorporation of HEB buddies rewards system • Buddy dollars for families who use new system • Healthy snack and gift shop ( Instead of Candy)