BUS 508 Assignment 3

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BUS508_Assignment3_Resources.docx

Marketing Analysis

BASKETBALLS AT BROOKLYN RETAIL STORE

PRODUCT DESCRIPTIONS

Basketball 1

WILSON

COURTSIDE BROOKLYN

NETS OUTDOOR RUBBER

BASKETBALL

Show off

your love for the Brooklyn Nets

with this official Nets branded basketball.

This ball is constructed from rubber for

maximum bounce, making it ideal for street

ball. It has an exclusive dual-density cover

for a soft, cushioned feel with wrap-around

channels designed for outdoor use. The ball

measures 29.5 inches and is slightly lighter

than an official NBA ball.

Basketball 2

SPALDING

INDOOR/OUTDOOR

BASKETBALL

Built using a composite leather cover, the

Spalding official-size NBA basketball looks

and feels like an official NBA ball. The ball

also includes a foam-backed design with

full ball pebbling, helping it stand up to the

challenge of competitive play while

maintaining a soft, tacky feel. Best of all,

the ball is designed for use both indoor and

outdoor use, so you can bring it to the

YMCA or the playground.

Basketball 3

SPALDING

OFFICIAL NBA

BASKETBALL

Look and feel like a pro with this NBA

official game ball. This is the exact same

ball used in NBA games night after night,

complete with the NBA log and twitter

handle. It has a full grain horween leather

cover, for superior texture and feel.

Designed for indoor use only. If you’re

looking for the real deal, look no further –

this is it!

Wholesale Cost: $12.00

Wholesale Cost: $25.00

Wholesale Cost: $89.99

CUSTOMER PROFILE

· Target customer age: 15-35 years

· 70% male

· Median household income of $55,000

· 90% of customers live within a 5 mile radius

· 80% of customers actively participate in sports; of those, 50% play basketball at least once a week

· There is a YMCA one block away with an indoor basketball court; many customers are members

· There are 14 outdoor basketball courts within a 10 mile radius of the store; many customers play in pickup games regularly

· 40% of customers consider themselves “strong supporters” of the Brooklyn Nets

POTENTIAL BUYER SURVEY

T

arget Customers (

%)

STRONGLY DISAGREE

DISAGREE

NEITHER AGREE NOR DISAGREE

AGREE

STRONGLY AGREE

I value convenience over being able to touch and feel products

before purchasing

18

36

21

17

8

When I shop, I usually know exactly the product I want

8

28

38

14

12

I don’t like to wait for a product when I decide I need it

12

16

23

32

17

I like to investigate numerous options prior to purchasing

12

14

18

21

35

I prefer to see, touch and test a product prior to purchasing

16

14

18

21

31

I typically remain attached to one product versus shopping for alternatives

32

22

14

18

14

POTENTIAL PROMOTIONAL OFFERS

Promotion 1 Promotion 2 Promotion 3

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PRICING OPTIONS

Pricing Mix 1

WILSON COURTSIDE BROOKLYN

NETS OUTDOOR RUBBER BASKETBALL

$29.99

SPALDING INDOOR/OUTDOOR BASKETBALL

$29.99

SPALDING OFFICIAL NBA BASKETBALL

$89.99

Pricing Mix 2

WILSON COURTSIDE BROOKLYN

NETS OUTDOOR RUBBER BASKETBALL

$19.99

SPALDING INDOOR/OUTDOOR BASKETBALL

$39.99

SPALDING OFFICIAL NBA BASKETBALL

$129.99

Pricing Mix 3

WILSON COURTSIDE BROOKLYN

NETS OUTDOOR RUBBER BASKETBALL

$9.99

SPALDING INDOOR/OUTDOOR BASKETBALL

$44.99

SPALDING OFFICIAL NBA BASKETBALL

$179.99

BRAND VISION: WILSON STREET

Brand Component

Description

PURPOSE

Our vision is to be the leading brand for outdoor, street ball enthusiasts by providing basketballs specifically designed to meet their needs.

DEMOGRAPHIC

14-25, male

CHARACTER

Passion, authenticity, grittiness, spontaneity

ESSENCE

By players, for players

REASON TO BELIEVE

Most brands design basketballs for indoor and light outdoor use. Few brands have designed basketballs around the outdoor, street ball culture embodied in many American cities and emulated across the country.

Brand Direction 1

REC LEAGUE

LET’S BALL.

Brand Direction 2

RUCKER PARK

WE GOT NEXT.

Rec League represents the wide array of informal basketball cultures and

captures the essence of impromptu basketball games all across America.

Inspired by the famous court in Harlem, Rucker Park embodies the iconic

culture of pick-up games and their influence on basketball culture.

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STRAYER UNIVERSITY | COPYRIGHT © 2016. ALL RIGHTS RESERVED. 2

STRAYER UNIVERSITY | COPYRIGHT © 2016. ALL RIGHTS RESERVED. 3