Sweetgreen Marketing Research Presentation

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Thierry Camerlynck, Hannah Franklin, Kelyn Freedman, Caitlin Green, Wissam Hamady

Agenda Overview

• Overview of Results • Research Purpose

Methods

• Research Methods • Reliability and Validity

Findings

• Secondary Findings • Primary Findings

Conclusions

• Conclusions and Recommendations • Limitations

Results

Sentence about results Expand variety of product and service offerings to increase amount of purchase • Delivery option • Turkey, salmon

SweetFlow can be leveraged more successfully • Focus more on fro-yo as product offering • Generate awareness of frozen yogurt offerings

Further research • How to market to men

Purpose Deepen understanding of the typical Georgetown SweetGreen customer

Profile typical customer

Understand likes, dislikes, and values

Increase frequency and amount of purchase

Tailor positioning to frequent customers

Create products and promotions specifically for these customers

Methods • Research databases • Company website

Secondary Research

Observation • IDIs • Focus group

• Survey • Data Analysis

Questionnaire

Reliability and Validity Category

Chi test p-value

Gender

0.54

Status

0.75

Location

0.07

Survey Mistake • Glitch in first survey left off half the survey questions • Second survey limited to 50 respondents • Second data set are representative of the first

Focus on Georgetown students • Relevant to SweetGreen on M St • Georgetown students are fairly representative of other SweetGreen customers • Similar values and interests

Industry Analysis Restaurant industry performance and forecast

• High health consciousness and expectations of high food quality • DC is 2nd healthiest city in the US • 2.5% increase in quick service restaurant • 4.0% increase in snack and beverage segment • Organic food industry growth rate of 12% expected to diminish over time Restaurant strategy trends • Consumers want easy price points with simple menu options • Use of discounts and loyalty programs incorporating social media/technology • Focus on healthy menu offerings • Convenience stores and supermarkets capturing market share of take-home prepared foods • Growth of vegetarianism/veganism

Company Background win, win, win

make an impact

Core Values

add the sweet touch

think sustainably

keep it real

Analytical Model

IDI Findings Price

Sweetflow

Delivery • Distance- main deterrent of purchase

Focus Group Findings Need to expand product options • Tuna • Salmon • Paninis/sandwiches • Smoothies Distance deters purchase • Delivery option Price deters purchase • Create promotions, cheaper options, and combos to reduce price

Survey Findings: Customers Most men have not been to SweetGreen or are not frequent customers • Less interested in freshness and healthiness • Perception of SweetGreen as girly

Focus on women

• Looking to increase purchases of current customer base • To market to men requires additional research

Survey Findings: Competition Salads SweetGreen

Chop’t

• Rated higher in • Too far from satisfaction for Georgetown to freshness, be considered healthiness, and competition taste

Fro-Yo

Pinkberry SweetFlow • Extensive product offerings

• Lack of awareness

Survey Findings: SweetFlow

Most buy SweetFlow 0 out of 5 trips to SweetGreen

Many do not know that SweetGreen sells frozen yogurt

• Salads are too big to want extra food • Too expensive • Might melt before finishing dinner • Prefer pinkberry

• Need to increase awareness • SweetFlow does not immediately evoke image of frozen yogurt

Survey Findings: Options

Survey Findings: Options

Combo Specials Delivery

Survey Findings: Delivery How much would you pay for delivery? $1-1.99

$2-2.99

$3-3.99

$4-4.99

$5-5.99

0%

10%

20%

30% Females, Live Away

40% All Females

50%

60%

Survey Findings: Salad Additions

Salmon and Tuna

Turkey and Beef

Recommendations Delivery

Product Options

Combo Options

SweetFlow Changes

Additional Research

Recommendations: Delivery

$2.50 delivery charge (plus additional per mile radius)

Bicycle or green car to maintain communityconscious values

Can include coupons or specials to incentivize

Recommendations: Product Options Turkey and salmon fit SweetGreen’s healthy, organic image

Price is still biggest issue with additional toppings

Expand offerings to include turkey and salmon

Recommendations: Combo Options

Sell half size and regular size salads

Create combinations with price incentives

Recommendations: SweetFlow Changes Introduce sweeter flavors

Most prefer pinkberry’s toppings

Market SweetGreen as a frozen yogurt shop Build awareness of frozen yogurt offerings

Include in combo options Offer snack size portion

Rebrand SweetFlow Change name to suggest frozen yogurt

Change store layout to prominently display froyo

Recommendations: Additional Research

Potential of male market

SweetFlow toppings

SweetFlow rebranding

Limitations Confusion about SweetFlow

Survey issues

Lack of management response

Time constraints

Georgetown bubble

Questions?

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