HTOR 1
I. EXECUTIVE SUMMARY
BUSINESS – YOGYBEEYogybee is a small eatery located in the borough of Waldwick, NJ. It was first established in 2009 and is privately owned by a family who lives in Upper Saddle River, NJ. This small shop offers fresh and healthy ideas, including wraps, salads, smoothies, and other drinks. All of its offerings are made from premium ingredients and some original recipes. Additionally, Yogybee offers frozen yogurt which is available in the original tart flavor, vanilla, chocolate, and strawberry. Although Yogybee is a very popular eatery, this business would benefit from a more consistent, highly loyal customer base.
COMMUNITY AND TARGET MARKETWaldwick is located in Bergen County, NJ and is approximately 25 miles from New York City. It is a middle income suburban community which is adjacent to other middle income and higher income communities. This area represents an outstanding geographic fit for Yogybee which attracts a health conscious and predominantly female clientele.
RESEARCH METHODSGiven that my main focus was to develop a plan to enhance customer loyalty, my team began by researching customer opinions on Yogybee. I created a survey that included demographic data, visit frequency, food preferences, and satisfaction levels. Because the clientele of Yogybee is predominantly female and ranging in age from 15 to 35, I purposely skewed my sample to this demographic. However, I also surveyed males and older individuals to evaluate broader market opportunities. I initially surveyed students of Northern Highlands Regional High School. Many of these students are already familiar with Yogybee and are already frequent buyers there. I also surveyed adults from the Northern Highlands community.
FINDINGS AND CONCLUSIONS OF THE STUDY Not surprisingly, I found that females were particularly eager to complete the survey and share their experience. In fact, 70% of the people surveyed were female. Also, 70% of the respondents were between the ages of 15 and 17. From my findings, it is clear that Yogybee has a well-defined fan base of female teenagers. This particular group is an ideal market for a health and wellness focused restaurant. The research suggested a strong level of satisfaction among customers as 78% would recommend Yogybee to others. Unfortunately, I found that 69% of respondents visited Yogybee 0 to 2 times per month. Yet there was clear interest in loyalty driven programs. In fact, 62% of the people who were surveyed agreed or strongly agreed about wanting a frequent buyer card for Yogybee.
PROPOSED STRATEGIC PLANSince Yogybee offers generally warm weather-type foods, the timeline for my proposed events and activities start in April and conclude in September. Within that time frame, I created a number of advertisements and promotional initiatives for Yogybee which will encourage repeat business. These include a Frequent Buyer Card, the YogybeeInsider Card, and the Yogybee by Mee Contest. These recommendations are further detailed in the paper.
HTOR 2
II. INTRODUCTION
A. Description of Business or Organization
Yogybee is a privately-owned
health food and frozen yogurt shop
located Northern New Jersey. Yogybee
first opened November of 2009 in
Waldwick, NJ. Although the store
opened at an unconventional time for a
frozen yogurt vendor, Yogybee was
very successful and became quite
profitable. Since the “FroYo” (frozen yogurt) fad was at its peak, the timing for Yogybee’s
opening was impeccable. Recently, Yogybee was named “Best Smoothies” in the coveted
annual issue of Bergen Health & Life Magazine, “Best in Bergen: Readers’ Choice
Awards” for all of 2011. Two years after opening, on October 13th, 2011 Yogybee
expanded its franchise to the town of Paramus which is six miles south of their flagship
location of Waldwick.
From the sun brightening the interior and giving off a warm sensation, the shop
also has potted plants that add a hip feel to the décor. Walking into Yogybee, the cheery
atmosphere is instantly appealing. The health snack shop is filled with an array of bright
yellows, greens, and oranges, giving it a continuously summery feel. Yogybee is most
popular among teens that flock to the health snack shop for afterschool snacks that will not
weigh them down for the rest of their day. With two large windows facing the Franklin
Turnpike, sunlight constantly shines in illuminating the shop.
HTOR 3
On one side of the store, there is the fat-free frozen yogurt station and topping bar
where customers can design their own yogurt from four different flavors: strawberry,
chocolate, vanilla, and classic tart. The customers can then customize
their frozen yogurt by adding a variety of the 20 available toppings.
On the same side of the shop, customers can also order a healthy and
equally tasty smoothie. The smoothie is homemade mixed with yogurt
and fresh fruit or pre/post workout additions such as: protein powder,
spirulina powder, wheatgrass, and many more. Located on the other side of Yogybee is the
popular create-your-own salad and wrap bar where a salad can include any of the 50
choices of the premium fresh ingredients Yogybee has to offer. Yogybee also allows you
to add dressings on your choice of iceberg, spinach, mesculin, or romaine lettuce. With the
option to create-your-own or choose a pre-made wrap, the options are endless! Using the
same high-quality ingredients as their salads, Yogybee’s wraps are the perfect balance of
being delicious without being too filling.
B. Description of the Community
Yogybee is located in the borough of Waldwick, NJ and serves a large
portion of its neighboring towns within Bergen County. Waldwick is
surrounded by the boroughs of Allendale, Midland Park, Saddle River, Upper
Saddle River, and Ho-Ho-Kus. Waldwick is also near the village of
Ridgewood, the borough of Ramsey, and the township of Wyckoff.
Waldwick has a population of 9,622 people, with 3,428 households or families. As of the
2010 U.S. Census Bureau, the ethnic backgrounds in the area consist of 90.6% Caucasian,
1.1% African American, 0.1% American Indian and Alaskan Native, 5.0% Asian, 8.6% of
HTOR 4
Hispanic or Latino origin, and 0.85% from two or more races. Of the 3,428 households,
36.3% have children under the age of 18 living at home. 67.5% of the population is
married couples living together and the median income for a household in the borough was
$75,532.
The area of Waldwick is quiet but very friendly. This area also
has many small businesses, retail chains, restaurants, boutiques
and many local stores. Within the surrounding community of
Waldwick, there are many ice-cream and frozen yogurt locations
that can compete against Yogybee. In a crowded shopping plaza
in Ramsey, there is a Baskin Robbins. Baskin Robbins is an ice
cream, milk shake and cake shop. There is also a Dairy Queen located within a shopping
center in the center of Allendale. Dairy Queen offers made
to order Blizzards, soft serve ice cream, ice cream cakes and
hand-packed ice cream. Dairy Queen also offers fast-food
items like burgers, French fries, chicken strips and more.
Places like Baskin Robbins and Dairy Queen could
definitely create competition for Yogybee’s target market.
Although both Dairy Queen and Baskin Robbins are both well liked, Yogybee separates
itself with its healthy style and great taste.
Outlined on the following page is additional demographic information on the communities
that Yogybee serves.
HTOR 5
Town Population Individuals under 18 Ages 18-19 Households with
individuals under 18Allendale 6.505 1,847 151 957Ho-Ho-Kus 4,078 1,193 62 570Midland Park 7,128 1,737 116 400Ramsey 14,473 3,846 320 1,971Ridgewood 24,958 7,652 478 3,837Saddle River 3,152 665 47 330USR 8,208 2,515 153 1,270Waldwick 9,625 2,429 174 1,278Wyckoff 16,696 4,615 331 2,295Bergen County 905,116 204,405 19,781 700,711New Jersey 8,791,894 2,065,214 225,990 1,025,524
(United States Government Census Bureau. 2010 Census and Yogybee’s Database)
C. Description of the Business’s Target Market
The communities surrounding Yogybee have a high concentration of teenage residents.
These high school students are attracted to the simplicity behind Yogybee’s products.
Teenagers are much more focused on healthy eating, and fad-foods such as “FroYo”, or
frozen yogurt, which is healthier than for ice cream, has become more popular.
Yogybee’s target market is generally comprised of teenage girls, between the ages of 12
and 19. These girls have an active lifestyle and look for food that is accessible, healthy,
and will not slow them down throughout the day. They come to Yogybee after school for a
quick and easy snack that will keep them going for all the extracurricular activities they
participate in. As residents of Bergen County, a fairly successful and prosperous area,
prices are generally not the first thing on their mind when it comes to buying food. As
frequent customers of Yogybee, these teens look for a variety when it comes to buying
food. The endless possibilities keep Yogybee’s customers coming back for more! These
girls love the convenience of Yogybee’s location, a short distance from several
neighboring high schools.
HTOR 6
III. RESEARCH METHOD USED IN THE STUDY
A. Description and Rationale of Research Methodologies Selected to Conduct the
Research Study
In order to create a customer loyalty plan for Yogybee customers, it was imperative for
me to conduct a research process to know what group of people I would be dealing with.
To help determine the target market, I developed a customer loyalty survey. This survey
helped me decide whether a loyalty plan for Yogybee customers is feasible.
The survey will use general questions, first asking the gender and age of the person who
is taking it. This is important to know because Yogybee is surrounded mainly by families
and active teenagers. Also determining which gender Yogybee appeals to the most is very
important to know because Yogybee can be considered a “healthy” snack restaurant.
Following the initial set of questions, the survey will inquire how frequently the customer
comes to Yogybee. Companies, stores, restaurants, etc. should always acknowledge the
customer’s dependence and loyalty towards them. Not only should they acknowledge them
but they should “reward” them by “giving back” for being valued customers. Another
piece of information that would be important to receive is what the customer’s favorite
treats at Yogybee are. This information would give me an idea of what i could possibly
base the customer loyalty plan on.
The survey questions have been created around Yogybee’s rationale of trying to get to
know more about its customers. It is imperative that I understand the likes of the target
market and see what Yogybee could do to satisfy them. I must be open minded and accept
whatever opinions that could possibly make Yogybee a better snack restaurant (See
Appendix A).
HTOR 7
B. Process of Conducting the Selected Research Method(s)
Through creating a customer loyalty survey strictly for Yogybee in which I would
evaluate the frequency and acceptance of its customers at the store, I considered if
implementing a customer loyalty program would be beneficial for Yogybee’s business. I
produced 86 surveys that were distributed to the members of the student body of Northern
Highlands Regional High School in Allendale, a neighboring borough of Waldwick’s
Yogybee and were filled out. Northern Highlands is comprised of students from four of the
nine towns in Yogybee’s community attend. I determined that teenagers make up the
largest demographic through observing, over the length of my employment at Yogybee,
that they make up the majority of customers who come to the shop. Giving the survey to a
high school community is
the most effective and
efficient way to gain
customer opinions on my
proposed plan.
HTOR 8
I distributed
surveys to one of the DECA homerooms in the school hoping for honest feedback. The
following week, I distributed the surveys to students at the annual “Holiday Hoopla” event
at Northern Highlands Regional High School. Holiday Hoopla is a 90 minute lunch event
during the school day where students are provided with opportunities to partake in
different. The Holiday Hoopla includes catered food from local restaurants. Also, the
members of the student Body Government arrange for a guitar show, competitive games
between the teachers and students, films in the Auditorium and tables for clubs to advertise
or sell items. I set up a table in the main lobby where I would ask both teachers and
students to fill out the surveys. In return for their cooperation, respondents were given
simple treats like candy and baked goods. Another incentive for those who complete the
survey is that they will be eligible to have their name added to a raffle basket. Towards the
end of the day I would pull one name out of the basket and that person will receive a gift
certificate from Yogybee. The main idea is to identify a solid target market and receive
feedback to help create an excellent customer loyalty plan for Yogybee.
IV. FINDINGS AND CONCLUSIONS OF THE STUDY
A. Findings of the Research Study
Since its reemergence in 2005, the frozen yogurt industry has seen a
remarkable increase in demand. In 2010, frozen yogurt sales dropped 15%, following a
13% increase in 2008 and a 3% increase in 2009. However, from the end of year estimates
in June 2011 by the market research company NPD Group, there were 121 million servings
of frozen yogurt ordered, an 8% increase from last year’s report. Americans also placed
123 million orders for frozen yogurt at restaurants last year, according to NPD. Almost
HTOR 9
half the frozen yogurt servings are served on the East Coast, where three out of five
customers are female. Red Mango, one of Yogybee’s frozen yogurt competitors confirmed
that a large portion of their customers are female as well, saying, “Seven out of 10 of our
customers are women” (McWilliams, 2011).
As of late 2011, IBISWorld research report predicted that demand for frozen yogurt is
expected to jump in 2012, and will remain high as the economy improves, the
unemployment rate declines and consumers begin to spend money eating out. The growing
popularity has resulted in frozen yogurt stores reaching $1.6 billion in revenue in 2011.
IBISWorld has also reported that the annual growth from 2006 to 2011 has been 5.9%.
After conducting this study through the loyalty survey, I obtained vital feedback from
the Yogybee community for my proposed plan. The first question of the survey pertained
to gender. Out of the 86 completed surveys, I learned that 70% of respondents who go to
Yogybee are females versus the 30% who are male.
70%
30%
What is your gender?
FemaleMale
The second question I asked the Yogybee community was pertaining to the
respondent’s age. 78 of the 86 survey takers are within the age of Yogybee’s determined
target market (between the ages of 12 and 19). Of the female participants, I also discovered
that 75% of them between the ages of 12 and 17 and 25% are 18 and older. In addition,
there were only 8 respondents who are 20 years or older.
HTOR 10
62% of the Yogybee survey respondents have purchased food from Yogybee within the
last 6 months. When determining the frequency within a one month period, 69% of
respondents go to Yogybee between 0 and 2 times, 16% go between 3 and 5 times, 7%
between 6 and 8, and 9% purchase food at Yogybee more than 8 times a month.
69%
16%
7% 9%
How often do you go to Yogybee within a month?
0-2 times
3-5 times
6-8 times
more than 8 times
The 5th question on the Yogybee survey was a Likert scale question which required
respondents to indicate their level of agreement with the following statement: “A frequent
buyer card for Yogybee would be something I would want to have and use” by selecting
the 5 options of Strongly Agree, Agree, Neither Agree nor Disagree, Disagree, or Strongly
Disagree. After evaluating the results, I found that 29% strongly agree to the statement,
38% agree, 24% neither agree nor disagree, 11% disagree, and only 4% strongly disagree.
HTOR 11
29%
33%
24%
12%4%
A frequent buyer card for Yogybee would be something I would want to have and use.
Strongly Agree
Agree
Neither Agree nor Disagree
Disagree
Strongly Disagree
The next question I had asked the Yogybee community was which item they most
frequently purchased and provided options that meet the standards of a multiple-choice
survey questions: all-inclusive, single minded and also mutually exclusive. The options
given were Fro-yo (frozen yogurt), Wraps, Salads, and Smoothies/Juices. The most
popular food item offered at Yogybee is frozen yogurt which 36% selected; the second
most popular choice is the wraps which are a much healthier option to sandwich rolls and
bread. This food item was selected by 35% of all the respondents. The third most
frequently purchased food choice are smoothies/juices, which 33% selected, and the least
popular and frequently chosen item is salad since only 15% selected this option.
36.00%
35%
33%
15%
What item do you most frequently purchase at Yogybee?
Frozen Yogurt
Wraps
Smoothies/Juices
Salads
HTOR 12
One of the last questions that I asked respondents was whether or not they would
recommend Yogybee to others by indicating their level of agreement with the following
statement: “Yogybee is a place that I would recommend to others” by selecting one of the
5 options: Strongly Agree, Agree, Neither Agree nor Disagree, or Strongly Disagree. Out
of the 81 respondents who answered this question, 37% selected Strongly Agree, 41%
chose Agree, 19% selected Neither Agree nor Disagree, and the choice of Disagree and
Strongly Disagree were only selected once.
37%
41%
19%
1% 1%
Yogybee is a place that I would rec-ommend to others
Strongly Agree
Agree
Neither Agree nor Disagree
Disagree
Strongly Disagree
Our final multiple choice question on the Yogybee survey was a Continuum scale in
which participants were required to rate Yogybee’s expectations on a scale of 1 to 10, with
1 being poor and 10 being excellent. Respondents were required to “Rate how well
Yogybee met your expectations based on the food, employees, and service”. After
conducting this survey, I found that 99% of respondents selected a 5 or better on the scale.
Only one person selected 1 and there were no participants who gave Yogybee a 2, 3, or 4
on expectations (this is reflected in the pie chart below).
HTOR 13
1%
5%4.00%
5%
28.00%
1%
23%1%
25%
Rate how well Yogybee met your expectations based on the food, employees, and service.
1 5 6
7 8 8.5
9 9.5 10
B. Conclusions Based on the Findings
After conducting and evaluating the completed surveys I received from the Yogybee
community, I have concluded that creating and implementing a loyalty marketing plan
would be extremely beneficial to Yogybee and for its customers. I have inferred that since
over 63%% of respondents were females between the ages of 12 and 19, the target market
is reflected of this, if not the same as the results I have obtained. With almost 79% of
respondents of the survey Agreeing or Strongly Agreeing that “Yogybee is a place they
would recommend to others”, I concluded that there is a substantial loyalty base for this
small health-food restaurant and that its customers are extremely likely to come back time
and time again. After discovering that 62% of respondents either Agree or Strongly Agree
when prompted to choose if a frequent buyer card is something they are interested in and
would use, I am now certain that creating a loyalty card will be an effective loyalty plan for
the Yogybee community.
HTOR 14
V. PROPOSED STRATEGIC PLAN
A. Goals/Objectives and Rationale
The main goal that I have set for Yogybee is to create consistency. I want to identify a
solid and definite target market that purchases from Yogybee frequently. By implementing
these customer loyalty programs, I expect to have a more recurring customer base for
Yogybee. These loyal customers will, through organic advertising, “spread the word” about
Yogybee, all it has to offer, and why they like it better than its competitors.
In addition to finding the target market, an important objective Yogybee would like to
meet is getting to know who its real customers are! Using these customer loyalty surveys, I
will identify the age range and who Yogybee reaches out to the most. A majority of the
Northern Highlands Regional High School students are familiar with Yogybee and have
tried it. Yogybee has become one of the “go-to” places for Northern Highlands Regional
students. This gives me more of a reason to advertise and reach out to more of the students
and teenagers. Having a definite target market will also bring an increase in profits.
Returning customers are a key factor for businesses.
B. Proposed Activities and Timelines
Since Yogybee offers warm weather-type foods such as frozen yogurt and smoothies, I
have developed activities that lie within in my timeline starting in April and ending in
September. My first activity is the YogybeeInsider Card. This will be given out to
customers who are required to fill out a form that asks for their name, birthday, and email
address. These cards are dependent on the frequency of which that particular customer
comes to Yogybee and uses it. As an incentive for signing up for the YogybeeInsider Card,
customers will be entitled to coupons and discounts for being a loyal customer. This card
HTOR 15
will last for almost the entire span of the campaign from May to September, but if it proves
to be a marginal success, than it will stay as a permanent feature for Yogybee customers to
acquire. This event, which I want to offer for the entire length of this campaign, will be
available for the full six month period of April to September to maximize the customer
base who sign up for the Loyalty Card (See Appendix B). By offering this card throughout
the entire length of my campaign, I will maximize the amount of loyal Yogybee customers.
The individuals who have signed up for the YogybeeInsider Card will also be eligible
for the private Pre-Season Sampling Party. At this party, customers will be given the
privilege of testing the new products that will be offered for the upcoming season at
Yogybee and will be able to give their opinions as to whether or not they think the product
will be a success, or failure, if they like it or not, and any other thoughts that, as loyal
Yogybee customers, should be brought to the table. Because this is only a pre-season event,
it will occur only in the months of April, June, and September which are before the seasons
of spring, summer, and fall respectively.
The customer base of Yogybee is largely comprised of teenagers in the surrounding
towns of Waldwick. In order to reach this large customer base, I will offer an ongoing
discount of 10% to students provided they have some form of identification, whether it is
their Student ID or Driver’s License. This activity will be available for the entire span of
the campaign, April through September. Not only will the student discount attract local
teens, but it will make our target market become the largest loyal customer base.
In addition to the YogybeeInsider Card, its community will have the option to sign up
for the Yogybee Frequent Buyer Card where they will be rewarded with a free medium
sized Frozen Yogurt with any topping after ten purchases of any size frozen yogurt. The
HTOR 16
card will have ten bees on it and after a customer purchases any size of frozen yogurt, one
bee will be stamped. After ten bees are stamped, the customer will be able to turn the
Frequent Buyer Card into the Yogybee employees and in return, will be given the choice of
a free Frozen Yogurt cup (See Appendix C). The Frequent Buyer Card will be available for
Yogybee customers from May to September because the greater the amount of time it is
available because as the end of year and summer approaches, teens are more likely to flock
to Yogybee, since it offers generally warm weather treats.
Since social media sites such as Facebook and Twitter are so widely used by young
adults, I feel that choosing to promote Yogybee and offer benefits to my community
through the internet will be a huge success. Facebook users will be required to “like”
Yogybee’s fan page and by doing this they will be able to enter the Yogybee by Mee
Contest. This contest is for all our customers who are given the chance to design their own
Yogybee product! Here they can let their creativity and love for food run wild and could
potentially win a prize! The prize the contestants are striving for is a $100 Yogybee Gift
Card. They must design and “post” a picture of their creation on the Yogybee fan page.
Once all of the entries are entered, the fans will have the chance to narrow the contestants
down to the “Yogybee Top Three” which will be further evaluated by the Yogybee
employees, until a winner of the Yogybee by Mee Contest is chosen! (See Appendix D).
This contest is only available for the timeframe of April and May. I have chosen this
time period because I want to introduce the target market and customers to all of the new
events and discounts offered at Yogybee. The Yogybee by Mee Contest makes new
customers want to know more about the store and what healthy food alternatives they
provide to the community!
HTOR 17
April May June July August September
Customer Loyalty Card
Pre-Season Sampling
Party
Student Discount
Frequent Buyer Card
Yogybee by Mee Contest
Twitter Discounts
Because Yogybee is a specialty store offering primarily seasonal products, my
promotional campaign for Yogybee will last from April through September. First, Yogybee
will create a buzz about its discount for high school students through an advertisement in
Bergen County’s local newspaper, The Record. This ad will run from April through June.
The first three months of the campaign will create buzz and target my market leading up to
the summer, when Yogybee experiences a considerable increase in sales (See Appendix E).
Due to the younger age of its target market, 12 to 19, I will also be advertise Yogybee’s
new offerings and benefits of signing up for the loyalty cards through the two magazines
that are sent out to the entire Bergen County community, (201) Magazine and Bergen:
Health & Life. I selected the Bergen: Health & Life magazine more specifically because
they previously ranked Yogybee as having the “Best Smoothies” in their 2011 Best in
Bergen issue. I will also be advertising in the magazine Bergen Health & Life which
reaches the same demographic as the (201) Magazine (See Appendix E). This ad will run
from April to June in order to inform and attract the younger demographic to Yogybee!
HTOR 18
(201) Magazine’s online website: Bergen.com, Bergen: Health & Life’s website:
BergenHealthandLife.com, and The Record’s online website: NorthJersey.com, will also be
advertised on by Yogybee. I will use banner ads throughout these websites to promote its
new offerings such as the loyalty and frequent buyer cards as well as the “fan pages” on
Facebook and Twitter! This advertisement will be displayed on these websites from April
to May as well in the month of August (See Appendix F).
Incentives will lapse during the summer months, when a high influx of customer is
already expected. However, the one promotion that will continue through September will
be the Yogybee Frequent Buyer Card, which will entitle each customer to one free medium
cup of frozen yogurt after purchasing ten cups on separate occasions. I hope this will
ensure repeat shopping at Yogybee, and improve the business’s customer relations.
I will expand on the existing Yogybee Twitter page, and will post discounts and
coupons on the page, available only to those who follow Yogybee’s page! These discounts
will be available throughout my entire campaign to attract more teens to Yogybee via
appealing and desirable limited-time coupons, discounts, and incentives (See Appendix G).
To make the community knowledgeable about the YogybeeInsider Card and its any
benefits I will place posters on the store windows and offer flyers for customers that come
in to Yogybee and purchase food all from April to September (See Appendix H).
In addition, Yogybee will also send a direct mailing to its loyal customer base in June.
On the back of the direct-mailing will be an information and contact form for them to fill
out and bring in to Yogybee. This form which the customers will receive in the mail will be
for the YogybeeInsider Card. The mailing will inform them of the card’s many benefits on
the front, and on the back will be the information form. This is the appropriate time in the
HTOR 19
campaign to introduce this incentive since it falls at the end of the school year for teens.
This promotion will continue into August (See Appendix I).
C. Proposed Budget
Advertising Budget:
AdvertisingMedia Type of Ad Number of
UnitsAvg. Unit
Cost Total
April May June July August September
Newspaper
Magazine
Online
Frequent Buyer Card
Direct Mail
YogybeeInsider Card
Posters & Flyers
HTOR 20
Newspaper: The Record
9 column,
full color
Saturdays 9 $90.25$1,613
Wednesdays 9 $85.69
Magazine:(201) Magazine, Bergen
Health & Life
Half Page (No Bleed), Four Color Ad 3 $1,575 $4,725
Direct Mail YogybeeInsider Card Contact form 5,000 $0.51 $2,550
Online: Bergen.com, NorthJersey.com,
BergenHealthandLife.com
Banner Ad 6 $750 $4,500
Total Advertising Budget: $13,388
Promotional Budget:
Sales Promotions Volume Total
Contest: The Facebook Yogybee for Mee Contest —— $0Coupon: Twitter “tweets” —— $0Incentive: Yogybee Frequent Buyer Card 500 $39.98Loyalty Marketing Program: YogybeeInsider Card 250 $19.99
Total Promotional Budget: $59.97
D. Proposed metrics to measure return on investment (ROI), sales, customer
retention, customer satisfaction, etc.
There are several metrics I would recommend using to measure my campaign’s
success. They include:
Measuring sales before vs. after the campaign
Comparing the resulting increase in sales vs. campaign costs
Tracking the number and growth of loyalty card distributed
Tracking the frequency of use of loyalty cards
Conducting following on surveys to measure changes in customer satisfaction
HTOR 21
I initially created a customer loyalty survey (see Appendix A) that determined if my
campaign would be a success but also had the respondents note if there were any problems
or any aspects that would make their overall Yogybee experience more enjoyable. Through
evaluating the results, I was able to transform the campaign into a more customer driven
one which would offer a more satisfying experience for my targeted primary market. To
adequately evaluate the success of this campaign, I will conduct a follow-up survey,
towards the end of the campaign, which will ask the same questions to the respondents and
will determine if customer satisfaction and loyalty was addressed properly.
In order to assess the effectiveness of the Yogybee Frequent Buyer Card as well as the
YogybeeInsider Card, I will evaluate the generate sales through these from these cards.
After doing so, I will compare that newly generated sales to the prior sales revenue that did
not offer the two loyalty cards and verify the new profit.
The Yogybee by Mee Contest took place in the beginning of this campaign, April and
May, and was constructed to generate the much needed buzz about Yogybee and the new
specials it now offers. By counting the number of contestants and entries sent in during the
contest time period, I will be able to project the size of the audience I had reached and
determine, from that number, how successful it was.
The most important and prominent measurement I must use in order to determine the
success of this campaign is to evaluate Yogybee’s sales throughout this time period. By
comparing the prior and post-sale revenues of this health-food shop, I will be able to see
the huge benefit I have given Yogybee and will continue to give Yogybee for as long as
they wish to keep my proposed strategies to build its loyal customer base!
HTOR 22
VI. BIBLIOGRAPHY
http://www.columbian.com/news/2011/sep/17/frozen-yogurt-heats-up-again/
http://www.mint.com/blog/trends/frozen-yogurt-03032011/
http://www.ajc.com/business/as-frozen-yogurt-stores-854180.html
http://www2.qsrmagazine.com/articles/features/116/yogurt-1.phtml
http://www.prweb.com/releases/2011/10/prweb8866384.htm
http://www.ibisworld.com/industry/frozen-yogurt-stores.html?partnerid=prweb
http://www.msnbc.msn.com/id/26297688/ns/business-retail/t/frozen-yogurt-cool-again/
#.tx8d5m8eoap
HTOR 23
VII. APPENDIX APPENDIX A: Survey
1. What is your gender?Male Female
2. What is your age?a. 12-14b. 15-17c. 18-19d. 20 and older
3. Have you purchased food from Yogybee in the past 6 months? If not, please skip to question #5.Yes No
4. How often do you come to Yogybee within a month?a. 0-2b. 3-5c. 6-8d. more than 8 times
5. Circle your level of aggreance with the following statement: A frequent buyer card for Yogybee would be something I would want to have and use:Strongly Agree Agree Neither Agree Nor Disagree Disagree Strongly Disagree
6. Which item(s) do you most frequently purchase at Yogybee? Check all that apply. frozen yogurt wraps salads smoothies and/or juices
7. How would you describe Yogybee’s food? Please give a brief description:____________________________________________________________________________________________________________________________________________________________________________
8. Circle your level of aggreance with the following statement: Yogybee is a place that I do or would recommend to others:Strongly Agree Agree Neither Agree Nor Disagree Disagree Strongly Disagree
9. Please rate how well Yogybee met your expectations based on the food, employees and service by circling your answer (10 being excellent): Poor 1 2 3 4 5 6 7 8 9 10 Excellent
HTOR 24
10. What do you think would help make Yogybee better? How and why?____________________________________________________________________________________________________________________________________________________________________________
APPENDIX B: YogybeeInsider Card
Front:
Back:
HTOR 25
APPENDIX C: Yogybee Frequent Buyer Card
Front:
Back:
HTOR 26
APPENDIX D: Yogybee by Mee Contest
APPENDIX F: Newspaper and Magazine Ad
HTOR 27
APPENDIX F: Online Banner Ad
APPENDIX G: Twitter Ad
APPENDIX H: Flyers and Posters
HTOR 28
APPENDIX I: Direct Mailing
Front:
Back:
HTOR 29