Wednesday, August 28, 2013
Promotion
In order to promote my snack, I would build a
website for “Fortune Nookies” which would hold online raffles for a chance to
win Phileas Fogg merchandise including t-shirts, hats, bumper stickers and even
coupons for “Fortune Nookies”. Along with the webpage I would create a Facebook
page where customers could find out where the nearest “Fortune Nookie” event
would be held. I would also create an Instagram page where customers could snap
and post pictures of their night out to highlight the fun in these fortune
cookies. Another way to promote this product and create a community amongst the
consumers would be a youtube page where consumers could create their own
commercials or radio ads to air similar to Doritos during the SuperBowl. I would also
establish a working relationship with sports leagues such as the UFC. Considering,
the UFC is sponsored by Bud Light I would also be able to partner up with the
alcohol company as well.
https://soundcloud.com/gangster_twist/fortune-nookies
https://soundcloud.com/gangster_twist/fortune-nookies
Distribution
To distribute my product, I would partner up with a beer,
snack, or beverage company such as Pepsi, Coors, or Frito Lay to deliver my
product to customers on their route. Possibly being able to advertise “Fortune
Nookies” on the delivery truck being a constant visual to consumers while on
their way to work. Also, I would have the cookies delivered to sports bars and
strip clubs. Deliveries to bars and strip clubs would come along with the
alcohol each time the club or bar needs to replenish their stock.
Target Market Strategy
I would target “Fortune Nookies” to the younger,
hipper, and more outgoing crowd. Possibly airing radio ads on hip music
stations and partnering up with brands like UFC and the NFL to reach the young
males watching these events with their large group of friends. By establishing
my product as a way to start the night, the hipper crowd could make eating “Fortune
Nookies” a tradition amongst the younger consumers. Sort of like the first shot
of the night.
Situation or SWOT Analysis
A strength my product has is it is unique to the market and
it appeals to young men. The sense of humor that comes along with the packaging
and the overall concept would make my product a hot commodity amongst the
younger generation of males. Along with the packaging, my product will create
discussion and memories which will persuade consumers to buy more “Fortune
Nookies”, possibly becoming a tradition for young men every time they go out to
drink with the “fellas”. A possible weakness would be the target market. The males
only approach could possibly alienate women. On the flip side, the exclusivity
of “Fortune Nookies” could become a great gift idea for men. Women could
purchase this product which would promote more “guys night out”. Opportunities “Fortune
Nookies” could create are producing revenue within sports bars, strip clubs,
and even man caves. “Fortune Nookies” could be sold anywhere guys would want to
hang out and could create a sort of partnership within these businesses.
Objectives
My objective for “Fortune Nookies” is to create a good
atmosphere among bar patrons and party animals alike. To create memories with
friends and set the tone for the night. I would want my product to be something
young, outgoing men could identify with. Promoting “Fortune Nookies” with a
sense of humor appeals to those looking for a good time.
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