Presented by 1.Tahniyat Sultana Prova 2.Tanvir Ahmed 3.Morium Akhter 4.Shanjida Islam Khan 5.Md.Farhadul Islam 16-017 16-009 16-002 16-018 16-066 Build-A-Bear: BuildA-Memory Found workshop in 1996 currently operate more than 400 Build-A-Bear Workshop stores worldwide Revenues $468 million Employees : 1,200 fulltime,4,800 part-time Number of Stores : 346 company-owned stores, 62 franchised retail stores Need: States of felt deprivation Build-A-Bear customer needs might include: belonging-joining the Build-A-Bear "club." affection-creating and caring for another being. self-expression-the ability to create a product that reflects elements of the self. Product- Stuffed animal Building process: 1. Choose me 2. Stuff me 3. Hear me 4. Stitch me 5. Fluff me 6. Dress me 7. Name me Product Building Process Choose me:- Where customer select an unstuffed animal from a bin Stuff me:- The animal literally comes to life as the child operates a foot pedal. Hear me:- Where customers decide whether or not to include a voice box. Stitch me :- Where the child stitches the animal Fluff me :- Where the child give the animal a blow dry spa treatment Dress me :- filled with accessories galore Name me:- where a birth certificate is created with the child selected name. Mainly Children from U.S.A & U.K Vermont Teddy Bear Beanie Babies Cabbage Patch Kids The marketing concept. Maxine Clark has very clearly taken Build-A-Bear to high levels of financial success by knowing and understanding the needs and wants of the customers. The goals of the organization are dependent upon the customer need and want. The business strategy displayed by Build-A-Bear fits the marketing concept better than it does the production, product, or selling concepts. Clark attributes her strategy success to “never forgetting what it’s like to be a customer” Understand customer Employed both low & high tech method Visits two or three of more than 370 stores Interact with customer by chatting Puts herself in front line , assisting employees in serving customer. A panel of children on her e-mail list. Result: Mini-scooters, Hello kitty bears, mascot bears ,etc. Ideas Feedback The interactive site contains games and activities that feature the same themes as the brick-and-motor store Allows the children to have fun provide a code from register with the purchase of a bear Maxine clark may communicate with only a fraction of her customers. she sees her efforts as the basis for a personal connection with all customer .With each child that enters their store ,they have the opportunity to build a lasting memory. Any business can think this way and can have the desired success. Thanks for being with Us