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Build-A-Bear: Group No. 13 Case Study - Marketing Management

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BUILD-A-BEAR

GROUP NO. 13
CASE STUDY – MARKETING MANAGEMENT

PRESENTED BY-:
ANURAG PANDEY- 99
HIMANSHU BHOSALE- 102
YASH JADHAV- 104
SAYALI JADHAV- 108
KAUSTUBH BODAS- 110
SAKSHI SHAH- 112
DIGVIJAY SHEKHAWAT- 114
AKSHAY PAWAR- 116
ABOUT COMPANY
 Build-A-Bear company was founded by Maxine
Clark in 1996.
 It is a entertainment toy retail outlet.
 They manufacture a variety of entertainment toys
like stuff teddy bears.
 B-A-B has 370 stores spread across the
country,120 stores in Europe and has additional
300 stores in others parts of the world.
 They have unique process of manufacturing a
stuffed toy which makes them stand out differently
in the market.
Q1.Give examples of needs, wants and demands that Build a Bear customer
demonstrate, differentiate each of these three concepts. What are the
implications of each on Build A Bear’s action?
Examples-:
Need – Water
Want – Clean and Pure drinking water
Demand – Mineral water

Customer Demonstration
 Needs – Belongingness, Entertainment and affection.
 Wants – Toys, Pets, Video games.
 Demand – Kids have desire of playing with a toy which is backed by parents ability to pay and willingness to buy. (Purchasing power)
(Affordability).

Implications-:
As B-A-B provides different customization service to their customers(kids), this way they provide entertainment, experience, emotion and
satisfaction to their customer.
Q2. In detail describe all the facets of Build-A-Bear
product. What is being exchanged in a B-A-B transaction?

The Build-A-Bear company has some unique facets. The


manufacturing process stands very differently and has
features like creativity, entertainment and satisfaction.
The process is being itself a facets for the company.
The process-:
1.Choose me
2.Hear me
3.Stuff me
4.Stitch me
5.Fluff me
6.Dress me
7.Name me
8.Take me Home
Q3. Which of 5 marketing management
concepts best describe Build-A-Bear
Workshop?
• MARKETING CONCEPT:
FOCUSING ON CUSTOMER NEEDS
APPLYING CUSTOMER IDEAS
CONSTANT INTERACTION WITH
CUSTOMERS
Q4. Discuss in detail the values that Build-A-
Bear creates for its customers.

PROVIDING VALUES TO THE CUSTOMERS


 EXPERIENCE
 CREATIVITY
 CUSTOMIZATION
 LOW COST (AFFORDABILITY)
 CUSTOMER RELATIONSHIP
 BRAND LOYALTY
Q5. Is Build-A-Bear likely to be successful in
continuing to build customers relationship? Why
or Why not?

BELOW ARE SOME OF THE SUCCESS FACTORS OF


BUILDING CUSTOMER SERVICE RELATIONSHIP.
 CEO VISITS THE STORES AND INTERACTS WITH
CUSTOMERS.
 TAKES INPUTS FROM CUSTOMERS FOR BETTER
PRODUCT DESIGNING.
 COMMUNICATION TOOLS SHE HAS CREATED “VIRTUAL
CUB ADVISORY COUNCIL”. ALSO ONLINE VIRTUAL
WORLD “BUILDABEARVILLE.COM”.
 BRAND LOYALTY HAS GREAT POSITIVE IMPACT ON
MAINTAINING CUSTOMER RELATIONSHIP.
THANK YOU

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