This document outlines the objectives and strategies of a proposed travel retail kiosk. The kiosk aims to deliver an exciting experience for travelers through selling CDs, DVDs, and leisure products. Key objectives include achieving 41% gross margins and $6,700 in yearly sales per square foot with 15% annual sales growth. The marketing strategy targets fashion-conscious customers under 35 through celebrity endorsements, giveaways, and targeted advertising promoting reggae music and Jamaican culture.
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9. Objectives Gross Margin 0f 41% in 2005 US $6700 per square foot in 2005 15% Annual Sales Growth
10. Approach Sell travellers a memorable experience, not a commodity Generate excitement and delight
11. Marketing Strategy Live and direct in kiosk reggae music celebrity autograph signings Sean Paul, Shaggy and 30 other big names already signed up Surprise giveaways Targeted advertising
12. Marketing Strategy Target fashion conscious under 35 age group (70% of customers) Maintain broad enough range to meet the tastes of older travellers
13. Endorsed By Sean Paul Reggae Grammy Award 2003 MTV Europe, Best New Act Award 2003 Top of Billboard Year End Reggae Artist and Reggae Album Charts 2003
15. Reggae, fun and fashion Puma and Jamaica are a perfect match for a global collaboration. Jamaicas history, culture and spirit complement PUMAs trademark style Stephen Cocca,PUMA Marketing Manager, 2003
16. Win-Win Boost export earnings Promote the tourism product Strengthen global brand Complement MBJs transformation plans