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Sweetgreen Presentation FINAL
Sweetgreen Presentation FINAL
Sweetgreen Presentation FINAL
ABOUT
SweetGreen first opened in Washington, D.C. in 2007 The company now has 16 locations in D.C., Maryland, Virginia and Pennsylvania
ABOUT
SweetGreen is a customizable salad bar that can be purchased for take away or eat in.
THE
Think sustainable
PHILOSOPHY
Be meaningful
by creating relationships from our local farmers to our loyal customers.
Make an impact
by leaving a gentle footprint on our planet.
Nearly half of the population (45%) eat salad primarily as a main meal. Only 1 in 10 adults do not eat salad at all
Eating out has established itself as a major part of British culture The popularity of organic goods has increased in recent years
Over the past decade, work-time lunch breaks have become increasingly shorter
SWOT ANALYSIS
Completely customizable Environmentally friendly Healthy option Emphasize on-the-go Fresh ingredients
STRENGTHS Weaknesses
Threats
Opportunities
SWOT ANALYSIS
Offers only one type of food, making options limited High cost of healthy food Perception of nothing being filling Seasonality
WEAKNESSES
Strengths
Threats
Opportunities
SWOT ANALYSIS
Strengths
Weaknesses
Threats
OPPORTUNITIES
SWOT ANALYSIS
Strengths
Weaknesses
Opportunities
THREATS
PEST ANALYSIS
Political
Health regulations Environmental Issues
Political
Economical Disposable Income Seasonality and Weather Issues Unemployment Rates Technological Technological
Social
Class Structure Lifestyle Trends Buying Patterns Increasing Health and Weight Concerns
Strong social media presence demographic Strong social media for Increase in mobile/App use
TARGET SEGMENTATION
Londoners: 8.2million
A: 71,379 (10.3%)
B: 167,706 (24.2%)
VALUES
Health-conscious Environmentally Friendly / Green
Justifiers
Like to spend if they can justify it, and respond well to special offers and promotions
Choice-driven
Customization is particularly important to women, aged 15-34 and to people who frequently eat out in London
MARKETING OBJECTIVES
Achieve a revenue of 400,000 by the end of the year.
PROMOTIONAL OBJECTIVES
Differentiate brand through its healthiness, environmental friendliness and convenience Have one health tip per day shared with followers on Twitter Quality check to ensure that every ingredient is hormonefree, antibiotic-free and all natural
Increase retention Create loyalty card and achieve 50 card members in the first month, 60 in the second month, and a total of 750 by the end of the year Expand to 2 stores by the end of the year
PROMOTIONAL OBJECTIVES
Achieve customer awareness Incorporate at least 1 outdoor advertising campaign in the first year Engage with social media Achieve 500 new followers on Twitter within the target market in the first month Achieve 3,300 follows on Twitter within the first year Create at least 3 promotions/interactions on Twitter per week
PROMOTIONAL MESSAGE
TUBE ADVERTISEMENTS
Given the on-the-go nature of our target audience, a portion of our advertising mix will be in tube stations.
MOSS ADVERTISEMENTS
To promote our sustainability cause, we will buy billboard space for moss graffiti advertisements.
We will use our Twitter to start the conversation with our followers on healthy and organic eating and promote local sustainability.
Our Facebook campaign will feature our seasonal promotions, like Vote for the salad of the season, highlight local sustainability efforts, and encourage customer conversation.
SweetGreen will invite customers to write in erasable marker their New Years resolutions on our store windows. Customers will also be encouraged to write things that SweetGreen can do in the upcoming year to help them achieve their goals.
PERSONAL SELLING
Employees salad of the month
Employees of the month can create their own salad to be sold all month.
Employees will also be educated in nutrition and quality check so that SweetGreen always provides the healthiest and freshest options.
SWEETGREEN APP
As part of our direct marketing, we will create a SweetGreen smartphone app. App allows customer to Check their loyalty card purchases Pre-order salads in advanced for take away or eat in Receive promotional offers and coupons Inform customers of any local sustainability events
SweetGreen Sundays
Loyalty card members get 15% off their purchase on Sundays
A QR Code on the card will help customers register their card with their smartphone app
DURATION
24 weeks 48 weeks
COST
200/week x 10 180/week x 20
TOTAL
48,000 43,200
4 months
65/month x 75
19,500
110,700
CAMPAIGN EVALUATION
Objective: Introduce brand in London to our target market Measured by our number of followers on Facebook and Twitter Objective: Differentiate brand through its healthiness, environmental friendliness and convenience Measured by quality check of vegetables for error within 3 standard deviations
Objective: Increase retention Measure loyalty card sign ups through online database to gather information about customers Establish a new store
SweetGreen is a place where you can get fun, fashionable food thats both healthy for you and aligned with your values. Simply stated... Food that fits.
REFERENCES
"Alternative Content." Global Market Research in Europe, America and Asia Consumer Trends. N.p., n.d. Web. 12 Feb. 2013. "Contact Us." Outdoor Media Centre. N.p., n.d. Web. 12 Feb. 2013. Davis, Rowenna. "Does Your Social Class Decide If You Go to University? Get the Full List of Colleges." The Guardian. Guardian News and Media, 27 Feb. 0028. Web. 12 Feb. 2013. "Generations X,Y, Z and the Others...Social Librarian Newsletter - WJ Schroer Company. Generations X,Y, Z and the Others...Social Librarian Newsletter WJ Schroer Company. N.p., n.d. Web. 12 Feb. 2013. "LSEO." LSEO. N.p., n.d. Web. 12 Feb. 2013. "Mobile Testing & Monitoring." Keynote Systems. The Mobile and Internet Performance Authority. N.p., n.d. Web. 12 Feb. 2013. Fruit and Vegetable Marketing Report 2013 Green and Ethical Consumer Market Assessment 2012 Cooking and Eating Habits Market Report 2012 Vegetarianism in the UK Market Assessment 2009: Diet Foods
REFERENCES
"National Statistics Releases For12 February 2013." Home: UK National Statistics Publication Hub. N.p., n.d. Web. 12 Feb. 2013. National Statistics Socio-economic Classification (NS-SeC) of Females Age by Single Year Sex "Office for National Statistics (ONS) Population Estimates, Borough. SweetGreen in Bloomberg. The Georgetown Metropolitan. Web. 13 Feb 2013. Welcome to the London Datastore. N.p., n.d. Web. 12 Feb. 2013. Salad & Salad Dressings - UK August 2009 British Lifestyles - August 2011 Vegetarianism in the UK "Women in Londons Economy." Greater London Authority, n.d. Web.