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Concept-to-Consumption Model
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Concept-to-Consumption Model
Give It Legs, LLC
Phase I: Research
Phase II: Development
Phase II: Marketing Communications
Concept Evaluation Niche Probing
Protection Prototype PricingManufacturi
ng
Funding Packaging Digital Strategy
Distribution
PromotionConsumptio
n
Phase I: Concept Present Pro Forma, including
Executive Summary and Situational Analysis
Recommended research strategy (empirical, primary, secondary)
Phase I: Evaluation Recommend Creative Alternative
Strategy
Creative client placard
Risk analysis and rating system
Phase I: Niche Identification of Target Market
Segments
Refinement of specific customer profiles
Validate assumptions and create Minimum Viable Product
Phase I: Probing Research competition & pricing
Define total market share potential
Forecast sales for fiscal year
Phase II: Protection Provide legal consulting for
intellectual property
Determination of need for protection
Patenting, trade marking, copyrighting, & corporation formation
Phase II: Prototype Consult on initial prototype design
Outsource design engineer
Draft blue print
Identify supplier of raw materials & services (manufacturing, etc.)
Phase II: Pricing Set Retail Price Point using
proprietary Give It Legs formula
Produce cost analysis
Determine profit margins
Phase II: Manufacturing Identify sources (domestic vs.
international)
Determine most cost-effective source to optimize profits
Phase III: Funding Determine Go-to-Market costs and
appropriate funding strategy
Secure capital (Venture Capital, Crowd-Funding, Angel Investors)
Phase III: Packaging Determine packaging design and logo
• Emphasis on visual/psychological appeal
Identify cost-effective materials for packaging and package design
Phase III: Digital Strategy Website development & management
Social media marketing campaigns• Set-up, management, and content curation
Digital advertising placement & creative work for Facebook and Google AdWords
Search Engine Optimization (SEO)
Phase III: Distribution Locate national direct/retail
representatives
Determine need for national sales team
Locate potential channel partnerships for increased promotion and sales
Phase III: Promotion Print advertising placement & creative
work for magazines, newspapers, catalogues & all other forms of print media
Public Relations campaign• Form relationships with top publications,
journalists, and local/domestic writers
Coordinate trade shows and other events to promote product for sale
Phase III: Consumption Your product or service has reached
your target market! They are aware, informed, and consuming your idea!