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Team P – Original Name: Organic Food Platform


 Number of
 customers
                             FOODZONE
 yesterday: 10

 Total Number
 of customers
 this week: 45



                  Platform to bring together food manufacturers,
                 distributors & retailers and facilitates distribution.




Alessandro Pradelli    Joyce Jabbour   Mallie Timiraos   Marcos Sheeran   Yong Kwon

  Columbia
  Business
  School                                                                  FOODZONE
The 5 stages of Lean Launchpad




Columbia
Business
School
                                            FOODZONE
The 5 stages of our canvas




 Day 1     Day 2      Day 3     Day 4   Day 5
Columbia
Business
School
                                        FOODZONE
Foodzone Canvas

•   Trade Shows        •    CRM                                    •   Direct sales     1. Manufacturers of
•   Distributors       •    User            1. Manufacturers       •   Strategic        specialty packaged
    of natural &            interface       showcase their             partnerships     goods
    specialty               management      products and link          (trade shows,
    products                & integration   with retailers and         magazines,       2. Small and mid-
•   Media                                   distributors               associations…)   size retailers of
                                                                                        specialty products

                                            2. Retailers can
                   •       Tech staff &     easily access          A one-stop website
                           programming      curated new            where
                           tools            products with peer     manufacturers and
                   •       Business         reviews, popularity,   retailers can
                           Development      and media coverage     connect


                                                      1. Subscription fees (including additional services)
•   Staff
                                                      2. Transactions fees incl. sales commissions on
•   IT costs
                                                         long-term contracts
                                                      3. Free for retailers
Homepage
Content sample


    Price Range


# Facebook Friends


# Twitter Followers


  Media Exposure


 Customer Reviews


Recent Sales Volume
Specialty food value chain

                                                    Bodegas &
                       Broker
                      (5-8% GM)
                                                   local stores
                                                   (30-40% GM)




                                                    Small &
Manufacturer                         Distributor    mid-sized       Consumer
                                     (25-30% GM)     stores
                                                   (30-40% GM)




                     Direct Sales
Scope of FoodZone    (web, direct                  Large Retail
                      sales to all                   chains
                                                   (35-45% GM)
                        others)

  Columbia
  Business
  School                                                          FOODZONE
Market Opportunity

                                                • Assuming 1% of
                                                  the total U.S.
                                                  sales of specialty
   Total       Total
                                                  foods, the target
                         Target Market
 US Food     Specialty
                             ~$7Bn
                                                  market is
 Industry     Foods
$673Bn [1]   $75Bn [2]
                          (1% of SAM)             approximately $7
                                                  billion
                                         [1] Organic Trade Association’s 2011 Organic Industry Survey,
                                         2010
                                         [2] The National Association for the Specialty Food Trade, The
                                         State of the Specialty Food Industry 2012

Columbia
Business
School                                                                          FOODZONE
Marketing Campaign
• Increase online / email visibility:
           – Banner and newsletter content exchanges with:
              • Food fairs
              • Online version of food magazines
              • Industry associations
           – Google ads and adwords

• Direct promotion:
           – Exhibit and hand out brochures at food fairs

• Partnerships:
           – Work with associations to reach out to their members (win-win
             situation)

Columbia
Columbia
Business                                                           FOODZONE
                                                                   FOODZONE
School
What We Learned
From our interviews:
• The main concern for food retailers is increasing their sales
• The main concern for food start-ups is increasing their sales
• It’s difficult and time consuming for food retailers and food start-
  ups to connect

From the class:
• It’s not that hard to get people to talk to you!
• And it’s completely worth it to talk to them
• It’s easier to identify individual pain points than to extrapolate
  themes
• Working successfully in a team under time pressure requires
  organization and communication
Columbia
Business
School
                                                                 FOODZONE
Next steps

• More data needed: set additional interviews with retailers
  and start-ups

• Test additional service ideas:
           – weekly shipments of a selection of samples tailored to the
             retailers’ needs
           – services facilitating new product demos in the stores


• Analyze logistics options: discuss partnership model with
  shipping companies

Columbia
Business
School                                                               FOODZONE
Appendix 1: Current Competitor Offering
Appendix 2: Thought Process

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Team p foodie zone - 083012 canvas-v2

  • 1. Team P – Original Name: Organic Food Platform Number of customers FOODZONE yesterday: 10 Total Number of customers this week: 45 Platform to bring together food manufacturers, distributors & retailers and facilitates distribution. Alessandro Pradelli Joyce Jabbour Mallie Timiraos Marcos Sheeran Yong Kwon Columbia Business School FOODZONE
  • 2. The 5 stages of Lean Launchpad Columbia Business School FOODZONE
  • 3. The 5 stages of our canvas Day 1 Day 2 Day 3 Day 4 Day 5 Columbia Business School FOODZONE
  • 4. Foodzone Canvas • Trade Shows • CRM • Direct sales 1. Manufacturers of • Distributors • User 1. Manufacturers • Strategic specialty packaged of natural & interface showcase their partnerships goods specialty management products and link (trade shows, products & integration with retailers and magazines, 2. Small and mid- • Media distributors associations…) size retailers of specialty products 2. Retailers can • Tech staff & easily access A one-stop website programming curated new where tools products with peer manufacturers and • Business reviews, popularity, retailers can Development and media coverage connect 1. Subscription fees (including additional services) • Staff 2. Transactions fees incl. sales commissions on • IT costs long-term contracts 3. Free for retailers
  • 6. Content sample Price Range # Facebook Friends # Twitter Followers Media Exposure Customer Reviews Recent Sales Volume
  • 7. Specialty food value chain Bodegas & Broker (5-8% GM) local stores (30-40% GM) Small & Manufacturer Distributor mid-sized Consumer (25-30% GM) stores (30-40% GM) Direct Sales Scope of FoodZone (web, direct Large Retail sales to all chains (35-45% GM) others) Columbia Business School FOODZONE
  • 8. Market Opportunity • Assuming 1% of the total U.S. sales of specialty Total Total foods, the target Target Market US Food Specialty ~$7Bn market is Industry Foods $673Bn [1] $75Bn [2] (1% of SAM) approximately $7 billion [1] Organic Trade Association’s 2011 Organic Industry Survey, 2010 [2] The National Association for the Specialty Food Trade, The State of the Specialty Food Industry 2012 Columbia Business School FOODZONE
  • 9. Marketing Campaign • Increase online / email visibility: – Banner and newsletter content exchanges with: • Food fairs • Online version of food magazines • Industry associations – Google ads and adwords • Direct promotion: – Exhibit and hand out brochures at food fairs • Partnerships: – Work with associations to reach out to their members (win-win situation) Columbia Columbia Business FOODZONE FOODZONE School
  • 10. What We Learned From our interviews: • The main concern for food retailers is increasing their sales • The main concern for food start-ups is increasing their sales • It’s difficult and time consuming for food retailers and food start- ups to connect From the class: • It’s not that hard to get people to talk to you! • And it’s completely worth it to talk to them • It’s easier to identify individual pain points than to extrapolate themes • Working successfully in a team under time pressure requires organization and communication Columbia Business School FOODZONE
  • 11. Next steps • More data needed: set additional interviews with retailers and start-ups • Test additional service ideas: – weekly shipments of a selection of samples tailored to the retailers’ needs – services facilitating new product demos in the stores • Analyze logistics options: discuss partnership model with shipping companies Columbia Business School FOODZONE
  • 12. Appendix 1: Current Competitor Offering