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MKT 410 Wine Not? Presentation

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Page 1: MKT 410 Wine Not? Presentation
Page 3: MKT 410 Wine Not? Presentation

What is Wine Not?Wine Not is a wine and cocktail bar, located in downtown East Lansing, where you

and your girlfriends can get together and catch up on your favorite reality tv shows!

Page 4: MKT 410 Wine Not? Presentation

Design

“It would be cool if there

was kinda feminine/girly

decor. Not like pink and

sparkles, but like classy

and feminine”

Page 5: MKT 410 Wine Not? Presentation

Design

Semi-Exclusive

VIP

Communal

Excl

usiv

e

“Semi-exclusive seating sounds awesome haha just meet some new girls and watch Bravo”

Page 6: MKT 410 Wine Not? Presentation

How is Wine Not? Unique?

Consumer Competition

● Exclusively wine and cocktail menu

● Feminine themed bar

● Reality TV show viewing

● Semi-exclusive seating

● Appetizers only

Page 7: MKT 410 Wine Not? Presentation

Perceptual Map

Full ServiceNight Club

Feminine

Masculine

Buffalo Wild

Wings

Dublin

Harper’s Dusty’s Cellar

Rick’s

Reno’s

Tavern and Tap

American Fifth

Spirits Buddies

Spiral

Page 8: MKT 410 Wine Not? Presentation

Who are our customers?● Average age was between 21-23● Majority of our respondents were female● Most respondents were students, but a large portion worked full time

Page 9: MKT 410 Wine Not? Presentation

Tactical plan

Wine bottles

Cocktails Glass of Wine

$9-$20

$3-$8

Page 10: MKT 410 Wine Not? Presentation

How will we reach our customers?

Page 11: MKT 410 Wine Not? Presentation

Launch Plan

Step One12/1 - 1/1Step Two1/2 – 3/1Step Three3/2 – 9/1Step Four

Step One

● Promotions, Brand Reps on Campus

Step Two

● Launch Social Media Pages and Social Media Advertisement

Step Three

● Begin Radio Advertisements for Grand Opening, Launch with Bachelor Event

Page 12: MKT 410 Wine Not? Presentation

Sales and Profit Forecast

Wine Not? 2016 2017 2018

Revenue $148,581 $210,712 $291,599

Variable Cost -$62,451 -$46,558 -$64,430

Fixed Costs -$117,240 -$117,240 -$117,240

Profit -$31,110 $46,914 $109,929

Page 13: MKT 410 Wine Not? Presentation

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