Cold Stone
Cold Stone
OF
MARKETING
EXECUTIVE SUMMARY:
The following term paper describes the
product range and the promotional plan of
“cold stones creamery”. It describes the
overview, marketing mix , promotional plans
of the company. Cold stones creamery is a
ice-cream manufacturing company
producing various ice-cream based products
all over the globe.
OVERVIEW:
THE COMPANY
MASCOT:CREAMY-COW.
BANNERS, ADVERTISEMENTS,
DISCOUNTS, GIFTS ETC.
ALL THE PROMOTIONAL CAMPAIGNS ARE
MADE KEEPING IN MIND THE TASTE AND
PREFERENCES OF KIDS.THE COMPANY
MAINLY FOCUSES ON THE SELF SATISFACTION
OF YOUNG CUSTOMERS SO THAT THEY FORCE
THERE PARENTS TO BRING THEM AGAIN AND
AGAIN TO OUR ICE-CREAM SHOPS.
THE PROMOTIONAL MIXS:
THE COMPANY
MODIFIED THERE LOGO TO A NEW ONE TO
SUIT NEW CUSTOMERS AND ALSO MODIFIED
THERE OUTLETS ALL OVER WITH NEW LOOKS,
PLAY SCHOOLS FOR KIDS,CARTOONS ON THE
WALLS.
PRODUCT VARIETY AND SALES
PROMOTIONS:
All ice cream creations are offered in three
sizes: "Like It" (5 oz), "Love It" (8 oz), and
"Gotta Have It" (12 oz). There is also a kids'
size (3 oz).
"Cold Stone Originals" are recipes that
include the ice cream and mix-ins of any given
"Signature Creation” .Customers may also
choose to alter the Signature Creation if they
prefer by substituting the ice cream it is made
with, or one or more of the mix-ins. If a
customer does not want a Signature Creation,
he or she may choose his or her own tailor-
made ice cream creation by picking both the
ice cream and "mix-ins". Customers have a
selection of waffle bowls or cones, either
plain, dipped in chocolate, or dipped in
chocolate and sprinkled with shredded
coconut, peanuts, almonds, or rainbow
sprinkles to put their icecream in.
Cold Stone offers a variety of smoothies ,
shakes and signature cakes. All of Cold Stone's
ice creams (including milkshakes made from
their ice cream) excluding the "sinless fat-free
ice-cream" and sorbets contain low fat.
PROMOTION MIX.
Marketing mix is part of your marketing plan.
It defines product, place, price and
promotion. The promotion mix targets raising
product or brand awareness, communicating
the unique value proposition of your product
and gaining acceptance of your products. The
primary purpose and focus of promotional
mix is to get the desired result: the sale of
your product.
Four basic types of promotion
Personal selling
Advertising
Sales promotion
Public relations
START
Approach
Ask questions
Make presentation
Close sale
Follow up
Advertising is another common
promotion tactic. Advertising focuses on
brand recognition and identity; not on the
product alone. Advertising can be a costly
tactic that only the big businesses can
invest in; particularly advertising on
television which can cost anywhere from
$100,000 to over $1 million for a national
broadcast in prime time (for a 30-second
spot!). This cost is in addition to the cost of
producing the commercial. Advertising in
industry or consumer magazines is less
expensive and typically you can target your
advertisement to a specific industry or
region.
CONCLUSION:
THE COMPANY HAS BEEN PROMOTING IT’S
PRODUCTS AND CREATING SINCERE EFFORTS
IN THE MARKETING OF THERE
PRODUCTS.THEY HAVE BEEN INVOVLED IN
VARIOUS MARKETING TECHNIQUES TO
INTRODUCE NEW PRODUCTS IN THE MARKET
THEY HAVE BROUGHT MANY
PRODUCTS TO ATTRACT THE CUSTOMERS
WITHOUT COMPROMISING THE TASTE AND
QUALITY.THE PLC AND THE MARKETING MIX
HAVE RESULTED IN THE GROWTH AND
SUCCESS OF “COLD STONE CREAMERY”.