baby box - new product development
TRANSCRIPT
Team 7Daniel Rodriguez - Alyana Tan - Federico Asperges
Amanda Ferreira - Antonio Rousounelos - Geraldine Stoleru
Big kits for little onesClothes & Accessories for your baby delivered to your door
£69 Beginner Subscriptionwww.mybabybox.com.uk
CONCEPT SUBSCRIBE SEND A GIFT OUR BOXES PARTNERS ABOUT US
Discover your baby box!
Bigh kits for little ones
Clothes & Accessories for you and your baby delivered to your door.
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SUBSCRIBE BUY INVITE
Give a gift SubscriptionReceive your box of surprises Tell your friends
WORTH OVER£75
Only £14.92 month
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CONCEPT SUBSCRIBE SEND A GIFT OUR BOXES PARTNERS ABOUT US
Open a baby box!
For you and your little ones
ClothingFeedingHygieneMother
BUY
Discover the box!SUBSCRIBE
OLD NEW
ChristmasHalloween New YearFall
What's inside each My Baby Box? We can't tell you, it's a surprise! To give you a clue,
here's a look back at some previous Boxes sent to our subscribers. Click on the Box to see what was inside.
SecurityLearning
ToysSurprise
Halloween
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Idea ScreeningFirst idea of baby costumes was too seasonal!
Qualitative research with mothers revealed deeper insights, and a new need.
Changing family models, and mother of the 00’s
Time, constantly increasing and changing baby needs, and care support for mothers
New business model of subscriptions
Subscription Box Market
Recent and fast-growing
Most popular categories: Beauty, Fashion, Organic Food, Eco Products, Children Crafts
More developed in the US market
UK competitors focus on mass markets
Toucanbox, Nonabox, Project-B, SassyBloom, TheRainyDayBoxCo
Advantages include: Customer convenience, Recurring Revenue, Order Predictability, Novelty
Existing brand equity brings brand awareness and positive emotions towards the brand
KSF: Rich relatable content adapted to the target market that creates word of mouth
Informal yet sophisticated writing style
Line extension
Multi-product branding strategy from an established brand name
Serve different customer segments with the advantage of brand recognition
Concept Development
CONCEPT SUBSCRIBE SEND A GIFT OUR BOXES PARTNERS ABOUT US
Surprises in a box!
Big kits for little ones
Some of the brands we work with to make sure you receive
the very best products in your Box each
month. Pretty cute, right?
Discover the box!SUBSCRIBE
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CONCEPT SUBSCRIBE SEND A GIFT OUR BOXES PARTNERS ABOUT US
Be surprised by your boxes!
For you and your little ones
Each month we bring to your door elements of surprise for you and
your baby
PLANS
3 MONTH 6 MONTH 1 YEAR
£109 - The Raiser £69 - The Beginner £179 - The Lover
For those who want to go step by step.
Mom or DadYour baby...
Size
Weight
Name
Birth Date
First Name
Last Name
Email Address
Confirm Email Address
Password
SUSCRIBE
Money PigAddress 1
Address 2
City
Postcode
Country
Cardholder's name
Card Number
Card verification code
Expiry Date
TelephoneAccept privacy policy
For those who are bridging in betweens.
Notes
For those who want to be surprised through
out all the baby's journey.
Chose a monthly subscription from £14,92 per month
that you can cancel at any time.
Your account will be debited during the first week of each month.
The first Baby Box of your subscription will arrive within the week your baby
turns a month older.
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Big Surprise in a little box!
Big kits for little ones
My Baby Box is the gift that keeps on giving!
All you have to do now is choose from one of the
following gift subscriptions
GIFTS
3 MONTH PLAN
£69 - The Beginner
6 MONTH PLAN
£109 - The Raiser
For those who want to give that big surprise for the little baby and
the new parents.
Chose a monthly subscription from £14.92 per month
The first Baby Box of your sub-scription will arrive within the week your baby turns a month
older.
For those who want to help the new parents
get into this new magic world.
For those who will be present throughout the baby’s growth.
1 BOX
£29 - One Big Surprise
The parentsThe baby...
Size
Weight
Name
Birth Date
Mom
Address
City
PAYMENT
Money PigEmail Address
Address 1
City
Postcode
Country
Cardholder's name
Card Number
Card verification code
Expiry Date
Telephone
Accept privacy policy
Postcode
Dad
Country
1 YEAR PLAN
£179 - The Lover
For those who are close to the baby and
to the parents.
Notes
YouFirst Name
Relation to the baby
Email Address
Surname
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End User Buyer
WomenABC1
Active & BusyTechnologically aware, Early adopters
25-45 yrs old
The gift-giverThe FatherThe end us
ActiveEarly Adopters
CONCEPT SUBSCRIBE SEND A GIFT OUR BOXES PARTNERS ABOUT US
Explore our personal box!
Big business for little ones
Value chain & vision of the business. A little
box entail big work and logistics.
OUR NEWS
PARTNERSHIPS SALES CRM
Sales analysisManagement allies Customer Relationship
BenefitsOur service is full of benefits that the
parents, babies and relatives can enjoy.
Surprise effect
Celebrating baby milestones
The « recurring » gift
The new youth of the mailbox
The personal relationship
Our Structure
PositioningHaving a clear market position (and hence target audience)
Establishment of brand nameskey partnerships with desirable high-end brands
Product presentationEmphasis on packaging to increase differentiation and surprise effect
Experienced workforce Sister company of My Little Box, with existing experience in the Subscription Box market
Key Factors
Our Future
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1. Expand baby boxes to the U.S.
2. Boxes for child over 2 years old
GoalsSUCCESS- Achieve profitability at £71,320 on December 2016- Enhance brand awareness in 2016 with 988,000 page views, 6th page rank for baby showers, and over 550,000 PR media impressions. - Gain a total of 19,680 subscriptions in 2016.
GeraldineFedericoAlyana Daniel Antonio Amanda
TEAM
Marketing Strategy
2015 2016 2017
Launching Plan Celebrate Baby Milestones The Perfect Present Come TogetherObjective Introduce the product Creating Big Buzz MLBB, Partner of Parenting
Actions
KOL Campaign ATL Relationship with bloggers and journalists - £1,000 BTL Sampling for bloggers, parenting associations, and targets in parks and playgrounds - £6,500
KOL Campaign ATL Relationship with bloggers and journalists - £2,000 BTL Brand Ambassadors: Pregnant of the Year - £1,000 BTL Sampling - £4,000
KOL Campaign ATL Relationship with bloggers and journalists - £2,000 BTL Brand Ambassadors: Pregnant of the Year - £1,000
Advertising ATL YouTube Ads in all baby videos - £6,000 or 0.02pc
YouTube Viral ATL Funny viral videos - Ex: 2 babies talking
KOL Campaign ATL Relationship with bloggers and journalists - £2,000
Advertising ATL YouTube Ads in all baby videos - £6,000 or 0.02pc ATL Ads in BBC Parenting - £50,000 ATL Banners in FB and ranked baby blogs - £5,000 or 0.25 pc
Advertising ATL Banners in FB and ranked baby blogs - £5,000 or 0.25 pc
Costs 005,36 £ 000,09 £ 000,31 £
Need help?Celebrate your milestones!
Trial Year Introducing the Concept
Buzz Campaign
4x Sales Increase
Trial Year Introducing the Concept
Increase 48% Longterm
Product Mix TT Price Price per box Margin per box TT NI Strategy
1 Time Package £ 29.00 £ 29.00 £ 19.00 £ 19.00 Box Trial
3 Months Straight £ 69.00 £ 23.00 £ 13.00 £ 39.00 Subscription Trial
6 Months Straight £ 109.00 £ 18.00 £ 8.00 £ 49.00 Deeper Experience
Annual Plan £ 179.00 £ 15.00 £ 5.00 £ 59.00 Fidelisation, Increase purchase ticket
Product Mix and Pricing
January February March April May June July August September October November December
Theme Valentines Easter Shakespeare Mother’s Day Father’s Day and Royal Ascot
Flower Show Medieval Festival
Jane Austen and The Great River Race
Halloween Thanksgiving Christmas New Year
Baby Shower
All-in-ones, Feeding Shawl, Shampoo, Head Support Pillow, Parenting Booklet, Valentine’s Chocolates
Bodysuit, Bottle, Nappy Lotion, Plushy Toys, Milestone Tracker, Easter Bunny Eggs
Bonnet and Blanket, Pacifier, Soap, Rattles, Facial Care Product, Shakespearean Quote
Mittens and Socks, Bibs, Squeaker, Body Wash, Mum’s Lotion, “World’s Best Mum” pouch
All-in-ones, Feeding Shawl, Shampoo, Head Support Pillow, Parenting Booklet, Valentine’s Chocolates
Bodysuit, Bottle, Nappy Lotion, Plushy Toys, Milestone Tracker, Easter Bunny Eggs
Bonnet and Blanket, Pacifier, Soap, Rattles, Facial Care Product, Shakespearean Quote
Mittens and Socks, Bibs, Squeaker, Body Wash, Mum’s Lotion, “World’s Best Mum” pouch
All-in-ones, Feeding Shawl, Shampoo, Head Support Pillow, Parenting Booklet, Valentine’s Chocolates
Bodysuit, Bottle, Nappy Lotion, Plushy Toys, Milestone Tracker, Easter Bunny Eggs
Bonnet and Blanket, Pacifier, Soap, Rattles, Facial Care Product, Shakespearean Quote
Mittens and Socks, Bibs, Squeaker, Body Wash, Mum’s Lotion, “World’s Best Mum” pouch
Month 1
Month 2
Month 3
Month 4 All-in-ones, Teether, Shampoo, Books, Parenting Booklet, Valentine’s Chocolates
Bodysuit, Milk Formula, Nappy Lotion, Plushy Toys, Milestone Tracker, Easter Bunny Eggs
Set of Bonnet, Mittens, and Socks Sippy Cup, Soap, Plastic Household Toys, Facial Care Product, Shakespearean Quote
Outerwear, Plastic Bowl and Spoon for Solid Foods, Toys with Sound Playback, Body Wash, Mum’s Lotion, “World’s Best Mum” pouch
All-in-ones, Teether, Shampoo, Books, Baby Magazine, “World’s Best Dad” Cap
Bodysuit, Milk Formula, Nappy Lotion, Plushy Toys, Motherhood DVD, Potpourri
Set of Bonnet, Mittens, and Socks Sippy Cup, Soap, Plastic Household Toys, Scented Candle, Towelette with a Shield Design
Outerwear, Plastic Bowl and Spoon for Solid Foods, Toys with Sound Playback, Body Wash, Bath Oil, Jane Austen-inspired Illustration
All-in-ones, Teether, Shampoo, Books, Movie DVD, Box of Halloween-themed Treats
Bodysuit, Milk Formula, Nappy Lotion, Plushy Toys, Post-pregnancy Exercise DVD, Perfect Turkey Recipe
Set of Bonnet, Mittens, and Socks Sippy Cup, Soap, Plastic Household Toys, Lip Balm, Snow Globe
Outerwear, Plastic Bowl and Spoon for Solid Foods, Toys with Sound Playback, Body Wash, Mum’s Lotion, Celebratory Accessories
Month 5
Month 6
Month 7
Month 8 All-in-ones, Walking Aid, Shampoo, Books, Parenting Booklet, Valentine’s Chocolates
Bodysuit, Seat Cushion, Nappy Lotion, DVDs for Babies, Milestone Tracker, Easter Bunny Eggs
Set of Bonnet, Mittens, and Socks Tray, Soap, Musical Toys, Facial Care Product, Shakespearean Quote
Outerwear, Plastic Bowl and Spoon for Solid Foods, Block Sorting Toys, Body Wash, Mum’s Lotion, “World’s Best Mum” pouch
All-in-ones, Walking Aid, Shampoo, Books, Baby Magazine, “World’s Best Dad” Cap
Bodysuit, Seat Cushion, Nappy Lotion, DVDs for Babies, Motherhood DVD, Potpourri
Set of Bonnet, Mittens, and Socks Tray, Soap, Musical Toys, Scented Candle, Towelette with a Shield Design
Outerwear, Plastic Bowl and Spoon for Solid Foods, Block Sorting Toys, Body Wash, Bath Oil, Jane Austen-inspired Illustration
All-in-ones, Walking Aid, Shampoo, Books, Movie DVD, Box of Halloween-themed Treats
Bodysuit, Seat Cushion, Nappy Lotion, Post-pregnancy Exercise DVD, Perfect Turkey Recipe
Set of Bonnet, Mittens, and Socks Tray, Soap, Musical Toys, Lip Balm, Snow Globe
Outerwear, Plastic Bowl and Spoon for Solid Foods, Block Sorting Toys, Body Wash, Mum’s Lotion, Celebratory Accessories
Month 9
Month 10
Month 11
Month 12
Operations
Business Analysis
Net Income Realistic Scenario
£ (33,508) £ 71,320 £ 325,640 £ 447,480 £ 561,240
Breakeven Analysis Pessimistic Scenario
Breakeven Analysis Optimistic and Realistic
tho
usa
nds
(£)
Net Sales - Optimistic
Net Sales - RealisticNet Sales - Pessimistic
Total Costs
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Risks
DELIVERY
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If your box does not arrive within the stipulated time, please contact the delivery or courier company ABC. We are not a delivery company and our responsibility over the package termi-nates once we delivered to the courier company.
3RD PRODUCTSThe availability and composition of the boxes will depend on our partnetships and the projec-tions for 2016 might not fit the expectations of the business.
INVENTORYThe forecast of the inventory might not fit the demand as the products vary in size, delivery dates.
NO SURPRISEEach customer might claim for the policy of full satisfaction if they are not surprised with the content of the box delivered each month. Then the next box could have extra content, the suscription could be canceled at any moment or the client will refund his/her money back.
COMPANY LIFE CYCLEThe company life cycle is short, therefore we will be in constant development of new prod-ucts, mixes and kits that deliver greated emotions for our clients.
Our Future
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1. Update our business model to keep the surprise element.
2. Expand baby boxes to the U.S.
3. Boxes for child over 2 years old