Fresh
Fruits Juice Informal Business Report
Introduction
Fresh Fruits Juice
stand will operate under the official name “Fruits 2 Go” and will be serving
fresh fruit shakes with a variety of flavors. The intent is to provide
consumers with quick, healthy, and delicious options for a drink as they go
about their daily routine. Produced on the spot, consumers have two basic
options: fresh fruit juices or fresh fruit shakes of apples, oranges, pears,
lemon, and other fruits in season. Different cup sizes are also available.
Branding
Strategy
The first Fruits 2
Go will be located in the business district, just a few minutes away from some
of the most densely populated companies within the city. The brand targets 20
to 40 year olds looking for healthy drink choices that they don’t have to take
time preparing. The shakes and juices will be promoted as a ‘healthy
alternative to coffee’ using fruit’s natural ‘sugar content’ without the
harmful additives. Taking advantage of the health kick in the working community,
the business logo would be a colorful mix of fresh fruits, communicating the
healthy implications of the product. The brand will be displayed on all
materials associated with Fruits 2 Go including employee uniform, cups,
tarpaulins, and more.
Opportunities
for New Locations
Fruits 2 Go will be
expanding to other sections of the business district, eyeing major
transportation spots such as nearby taxi stands, bus stands, and the train
station where the target market are likely to reside. The business also hopes
to penetrate company cafeterias that offer space for individual business
owners. Within a 3-year time frame, Fruits 2 Go is eyeing the placement of
multiple stands where the target market is often cited. From there, further
expansion targets the leisure-market with stands located in malls, theatres,
and other leisure spots.
Promotion
Plans
Promotion plans
include local advertising with the use of local radio stations, televisions,
and newspapers.
·
Part of the $10,000 budget will also be
aimed at direct selling strategies through the use of tarpaulins and renting ad
space at least 50 feet away from the Fruits 2 Go stand. Estimated cost is at $1,000.
·
The use of promotional materials such as
“Refill Cups” is also in the agenda, encouraging frequent buyers to simply use
their signature refill cups and prevent accumulation of garbage within the
city. The cups will be free after buying five (5) large fresh fruit juice/shake
during separate occasions. Estimated cost would be $3,000.
·
Internet marketing involves creating a
website, a Facebook page, and other social media accounts. Online advertising
and maintenance are estimated at $1,000 for the first 12 months.
·
Part of the promotional strategy would be
complete transparency in the preparation of the fruit juices. Consumers would
be able to watch and see their orders being prepared, ensuring an all-natural
process which is exactly what the brand stands for. Initial employee training
to perfect this strategy is estimated at $3,000.
·
Introduction of a game during the latter
part of the year as part of the promotional build up is estimated to cost
around $1,000. The game “Juice You!” will encourage consumers to create their
own juice mixes and provide the recipe to Juice 2 Go. The winner gets their
recipe used in the official Juice 2 Go product lineup, a cash prize, and free
juice refills within 12 months.
·
Informational advertising to be passed
around through social media and local advertising, educating the target market
on the many benefits of drinking freshly prepared fruit juices/shakes on a
daily basis. Estimated cost is $1,000.
Employee
Training
Employee motivation
involves re-training of the staff when it comes to customer relations. A
commission based reward system can also be put in place, providing employees
with 5% of the net sales after reaching the monthly quota. Swapping locations
for the staff and once-a-year company outings would greatly improve employee
loyalty.
Conclusion
Fruits 2 Go rides
on the all-natural, healthy, lifestyle constantly being advertised in the
media. Combining this promise of health with delicious juice options and the
ability to grab and go mixes in just a few minutes, the business is perfect for
thriving cities where the target market has the capacity and the intent to buy
the product. Promotional plans extend beyond 5 years with the initial
investment expected to be earned back within just 3 years of operation.
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