Case 1 Assignment - Build-A-Bear 1. Give examples of needs‚ wants‚ and demands that Build-A-Bear customers demonstrate‚ differentiating each of these three concepts. What are the implications of each on Build-A-Bear’s actions? Needs – Build-A-Bear has in found an untapped niche as a social need‚ affection and self-expression. Buy creating your own personalized friend from start to finish it allows for customers to have affection towards the stuffed animal. The ability to customize the animals
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The Build-A-Bear Experience Section One “Build-A-Bear” is a store that offers an interactive make-your-own stuffed animal retail-entertainment experience. Customers have the opportunity to create their own unique stuffed animal complete with clothing and accessories of their choice. Each customer chooses an unstuffed animal and then works with staff members through eight “creation stations”: choose me‚ hear me‚ stuff me‚ stitch me‚ fluff me‚ dress me‚ name me‚ and take
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Build-A-Bear Workshop Build-A-Bear Workshop Trying to make people smile is part of the credo at Build-A-Bear Workshop. The company was founded in 1997 by Maxine Clark who is the Chairman and Chief Executive. Maxine started Build-A-Bear Workshop or BBW‚ after working in corporate America for 20 years for the retailing industry. She wanted to create a retail environment that inspired the imagination‚ creativity‚ and memories for children and families. Flash forward to 2012 and BBW has become
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1. Build-A-Bear workshop was created in 1997 In St. Louis‚ Missouri by Maxine Clark. Build-A-Bear generates $379 million and employees over 4‚500 employees worldwide. They are located in Australia‚ Belgium‚ Denmark‚ Germany‚ India‚ Japan‚ The Netherlands‚ Norway‚ Korea‚ Russia‚ Sing pore‚ Sweden‚ Taiwan and Thailand. They are also seen in over 500 malls within the United States. Maxine Clark has created a mission that brings teddy bear to life with the thought of our childhood memories. Teddy bears
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Student Activities Association hosted a free Build-A-Bear event in the BPSC that quickly became wildly popular among students. On Wednesday‚ March 8‚ the halls of the BPSC filled with students who were waiting on their chance to relive a childhood memory. A wide variety of plush animals were available for students’ choosing. Students could then stuff their animal with cotton and received a mini SAA shirt to put on their new plush toy. The Build-A-Bear event was in such high demand among students
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1. Give examples of needs‚ wants‚ demands that Build-A-Bear customers demonstrate‚ differentiating each of these three concepts. What are the implications of each on Build-A-Bear’s action? Needs: Build-A-Bear customers are children‚ who have needs of 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). Wants: In this case‚ children want a place where they can get a toy
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Build-A-Bear Workshop® Fact Sheet Background The Build-A-Bear Workshop® concept started from Founder and Chief Executive Bear Maxine Clark’s desire to re-invent retailing for the 21st century. The idea was a culmination of her years of retail experience and a desire to bring the fun back to shopping‚ the way Maxine remembered it when she was a child. The “light bulb” went off for Maxine when she was on a shopping trip with her young friend‚ Katie‚ who was 10 years old at the time. It was the height
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along with my teddy bear‚ a portrait of my mom and a concert poster have a lot of meaning behind them. Even though my room is relatively small and easy to keep clean‚ it doesn’t stay that way.
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The founder of Build a Bear‚ Maxine Clark‚ has researched and understands the market place and the customer needs in the retail business. Build - A- Bear unquestionably creates a value for customers and at the same time builds a strong relationship with them. By knowing her customers‚ their needs‚ and wants she has created satisfied loyal customers and has a large share of the market in the toy business. Build – A – Bear Workshop has a customer driven marketing strategy. The company targets
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Marketing principles --- summative assignment Brand analysis: a case study of Hai Di Lao (hot pot restaurant) Introduction Most of the organizations manage themselves through strategy context to meet the consumers’ needs and wants. The strategy context can be considered in terms of four main elements‚ namely: the organization (and its resources‚ skills‚ and capabilities)‚ the target customers‚ a firm’s competitors‚ and the wider environment. (Baines‚ Fill and Page‚ 2010) Furthermore‚ organization
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