WALK
Thomas Eddy, Maheer Iqbal,
Jacob Kaszubski, Nikita Patrick, and Donnelle Coldman
MEET THE OWNERS
Sisters N Sugar Sweet Shoppe
Have been open for three years
Family owned business
Everyone has their own role
OUR MISSION
“Our mission is to provide Sisters N Sugar with guidance to achieve success with their new marketing campaign, improve their profit through price evaluation, and generate a buzz within the community under their new identity.”
SWOT ANALYSIS
STRENGTHS
•Quality products
•Great customer service •Trend setting creations OPPORTUNITIES
•“Fresh” marketing ideas •Improve internet presence •Price evaluation
WEAKNESSES
•Lack of a marketing plan •Website/social media
THREATS
•Local competition
CLIENT’S WEBSITE
DONNELLE COLDMAN
FIRST IMPRESSION
FIRST
IMPRESSION
PROBLEMS
SOLUTIONS
TRENDY ITEMS
REPRESENT
WEB BUILDERS
E-COMMERCE OPTION
E-COMMERCE
NIKITA PATRICK
BASICS OF
E-COMMERCE
Financial transactions
Hosting and security
Your user interface and architecture
Marketing fees
Customer relationship management ADVANTAGES OF
E-COMMERCE
Helps with inventory
Time reduced
Pays for selected items
Flexibility
purchased, web
New opportunities
hosting and shopping
Convenience
cart
Reduced labor
Provides accuracy
SELF VS. PROFESSIONAL
Without Professional
TOTAL
COST
$614.95$3,124.95
Shopping
Carts
$29.95
Templates
Online
$0
Design Cost
$500-$3000
SSL
Certification
$70 on average Monthly
Merchant
Fees
$15-$25
With a Professional
TOTAL
COST
$300$15,000
Student/
Offshore
$10-$30/hour
Freelancer
$35$100/hour
Expert
Consultant
$50$200/hour
Company
$75$150/hour
SHIPPING RATES AND
FEES
Basic
Plus
Select
Premium
$29/a month $49/a month
$69/ a month $99/ a month
500 shipments 1,500 shipments 3,000 shipments 6,000 shipments Stores (3)
Stores (3)
Stores (5)
Unlimited
SUCCESS STORIES
FROM BAKERIES
Carlos Bakery
Business grows consistently
E-commerce profits help pay employees during Hurricane Sandy
Used e-commerce when store was closed
Used Magento e-commerce platform
(Erika 2014)
A client- a dessert bakery
Sales approached $3 million, grew over
30% in six months and e-commerce sales grew from 1.5% to 10% (sosemarketing)
SOCIAL MEDIA
JACOB KASZUBSKI
THE USE OF SOCIAL
MEDIA
Social media accounts
Utilize accounts more efficiently
Easy, cheap and effective way of marketing
THE USE OF SOCIAL
MEDIA
SOCIAL MEDIA WORKS
(Fidelman, 2013)
RESEARCH SHOWS
Facebook is the way to go
Stay connected
Generate ads, coupons and deals
Certain followers can be targeted
More time = quality results
BOOSTING
Without a boost, “your ad will only reach about
5% of your followers.” (Blashford, 2015).
EXAMPLE
FACEBOOK EXAMPLE
Amount of money spent in $2,000 a month generating coupons Average amount of redeemed coupons
5,000
Amount of money gained from each coupon
$6
Redeemed coupons
$6 x 5,000 = $30,000
Profit
$30,000 - $2,000 =
$28,000
(Blashford, 2015)
WHAT WE RECOMMEND
Post deals, specials, and coupons
Facebook: the ad generator
Target audience
The “boost” feature
Share pictures daily
FARMER’S MARKET
THOMAS EDDY
FARMER’S MARKETS
FARMER’S MARKETS
FRANKFORT & MOKENA
Applications cost $250.00
10
x 10 Space cost $125.00
Liability
Health
insurance: $300.00
board license: $65.00
True farmer’s market
TINLEY PARK
Applications cost $400.00
Liability
Health
insurance: $300.00
board license: $65.00
Flea market
SUCCESS STORY
Bob Michael – “We had been around for 6 years unnoticed. Without the farmer’s market, we would have had to close our doors.”
SUCCESS STORY
Parmesans present day:
2
restaurants & 20+ markets
Still
expanding
Sales
increase 50% first year
Doubled since 2009
STRATEGIES
STRATEGIES
STRATEGIES
FINANCES
MAHEER IQBAL
BREAK–EVEN POINT
$350,000.00