3. research
» Millennials have $200 billion spending power.
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
4. research
» Millennials have $200 billion spending power.
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
» Millennials want meaningful relationships with
brands—they want to get to know their brands
and they want brands to get to know them.
5. research
» Millennials have $200 billion spending power.
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
» Millennials want meaningful relationships with
brands—they want to get to know their brands
and they want brands to get to know them.
» They place high value on experience—they are
drawn to brands that promote a life style rather
than just a product.
6. research
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
7. research
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
» Placing a high value on experience draws mil-
lennials to brands that promote a lifestyle rather
than just a product.
8. research
» Millennials may be more focused on the life part
of the work/life balance equation, emphasizing
experiences and pursuing their passions.
» Placing a high value on experience draws mil-
lennials to brands that promote a lifestyle rather
than just a product.
» Millenials prefer to gather information on their
own, not instructed how to do something.
Learn, but not lecture.
9. audience Millennials
21–34
They don’t go to meet people, they usually go in groups.
Younger millenials
need a place to
entertain
Older millenials go
as they’ll grow out
of the club scene
10. audience Millennials
21–34
They don’t go to meet people, they usually go in groups.
Younger millenials
need a place to
entertain
Older millenials go
as they’ll grow out
of the club scene
M O N I Q U E ’ SM O N I Q U E ’ S
11. business
problem
Wine bars are competing with more than just other wine bars.
Millennials are also getting wine from restaurants, wineries,
specialty liquor stores and gourmet food store.
Wine bars are not catering to millenials.
12. obstacles The perception of wine as a pretentious alcoholic beverage.
Millennials are intimidataed by wines complexity.
Millennials are uneducated on wine.
13. guiding
insight
Millenials are placing an emphasis on the life portion of the work/life balance. They
align themselves with brands that could provide an interesting experience.
Millenials are placing a higher priority on experience and less on product. They
align themselves with brands. They also want to feel they can align themselves with
brands.
25. metrics
15,000 of followers on all social media platforms.
Break even in the first year.
Enter into evoked set of target audience aquired by surveys.