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Ryan Murphy

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Create custom graphics using the customers picture or design on every pair of skis ... a way for you to completely design the graphics on your new pair of skis. ... – PowerPoint PPT presentation

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Title: Ryan Murphy


1
Lions Head Skis
  • Ryan Murphy
  • Jon Shenk
  • Gary Behm

2
Category Definition
  • Custom Ski Manufacturer
  • Create custom graphics using the customers
    picture or design on every pair of skis
  • This is an existing category
  • There are completely customized skis and there
    are green skis but no other companies combine the
    ideas and make them affordable.
  • Existing Competitors include Liberty, Folsum,
    Scotty Bob
  • Other categories that will compete are other
    alpine ski companies, and fully customized ski
    companies.

3
Market Research- Secondary
  • Online snow sport sales grew 23 in units and 12
    in dollars to finish the season at 547million
  • The season 319 million of alpine equipment was
    sold in specialty stores
  • Internet Stores had sales of equipment grow in
    march 24 in units and 17 in dollars.
  • Sales were up in August to October 9
  • In Colorado, 60,166,417 spent on alpine
    equipment last year

4
Primary Market Research
  • 85 Said that they would want to own a pair of
    skis at some point.
  • When asked where they would want to purchase,
    79 said in store with only 1 asking for online.
  • 77 said they would be interested in designing
    their own ski graphics.

5
Market Research
  • The trends in the winter sports market is towards
    online retailers, even though our primary
    research said otherwise.
  • Even though the entire industry has falling
    sales, the online is still holding strong in its
    sales percentages.

6
Market Research Summary
  • From our research, we found there is a market for
    our product, if we price effectively and are able
    to deliver a quality product at the right price
    consumers will be looking for it.
  • Custom graphics is an untapped market
    opportunity, and if we are able to put our
    products into all channels of winter sports we
    will be very successful.

7
Target Market Selection Value Proposition
  • Market Segments We can segment our market by a
    combination of the following factors age (young
    adult or adult), wealth (upper, middle, lower
    class), or ski experience (beginner,
    intermediate, advanced.) The buyer of our product
    will most likely be the end user as well.
  • Value Proposition Our target market will find
    value in the opportunity to freely design the
    graphics on their skis, and also in the knowledge
    that they are purchasing an environmentally
    friendly product.

8
Target Market Evaluation
  • Is the company a good fit for the market segment?
    (young adulthigh, adultmedium), (upper
    classmedium, middlehigh, lowerlow),
    (beginnerlow, intermediatemedium/high,
    advancedhigh)
  • Do we understand the segment? We have the
    highest understanding of the young adult, middle
    class segment.
  • What compelling need do they have that we offer a
    solution to? Young adults have the desire to
    stand out and be noticed, which our customizable
    graphics will allow for. Adults probably do not
    have this same desire.
  • Does the segment have an ability to pay for the
    solution? The upper and middle class would have
    the highest ability to pay for our product, but
    it would probably not be affordable to the lower
    class.

9
Target Market Selection
  • As our target market, we have selected young
    adults (ages 16-30) who are middle to upper class
    and are in the intermediate to advanced range.
  • We are targeting this age group, because they
    have the highest interest in designing their own
    graphics.
  • However, custom design is not cheap, so our
    product would not be suitable for many lower
    class people.
  • Our skis will also be high quality/high
    performance, which will be more attractive for
    advanced skiers, who will be willing to spend
    their money on our product.

10
Positioning Statement
  • For young, upper/middle class people who are
    advanced skiers
  • Who are tired of the boring designs on their
    skis.
  • Our Lions Head Custom Skis,
  • Will provide a way for you to completely design
    the graphics on your new pair of skis.
  • Unlike Folsom and Liberty Skis
  • Our skis will be fully customizable, and more
    affordable.

11
Core Product
  • We are offering custom skis that are still
    affordable for most skiers.
  • The graphics will be customized to the exact
    specifications of the customer.
  • The materials and manufacturing methods used will
    be green.
  • The customer will be able to use an online
    interface to upload a jpeg file or customize
    graphics.

12
Other Elements of the Offer
  • Green production and materials
  • We will use bamboo wood as the core of the ski
    instead of foam or other non biodegradable
    products.
  • We will use a manufacturer that is dedicated to
    using green manufacturing techniques
  • Bundle our skis with a suggested binding.
  • Partner with a binding company and suggest a
    binding with the checkout

13
Competitive Analysis
  • Folsum/Scotty Bob Skis these skis are fully
    customized to each individual. They are very high
    quality, hand made skis that are great if you can
    afford them. With our skis, we hope to gain
    competitive advantage on the price tag. We want
    to be affordable for most skiers, not just a
    select few.

14
Competitive Analysis
  • Liberty Skis These skis are made with green
    materials and their manufacturing plant is
    powered solely by green electricity. These skis
    are about as green a product as you can get in
    the skiing industry. Our skis will hopefully be
    just as green with the customizable graphics.

15
Promotion Plan
  • We would like a professional skier to try our
    skis, and possibly endorse them.
  • We could demo our skis at ski events and
    competitions.
  • We could also have our product reviewed by one of
    the ski magazines.
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