Introduction
Get Stocked was conceived as a pioneering online hub for premium canned cocktails, hard beverages, and craft beer, driven by a dual mission: to lead a new brand venture in a rapidly expanding industry and to deliver a seamless, customer-centric experience for those seeking top-notch libations. This comprehensive initiative encompassed not only the development of an exceptional user interface and user experience (UI/UX) but also the cultivation of a unique brand identity, vision, creative direction, and other crucial elements and materials for launching a fresh e-commerce brand.
The Problem
The Bev/Alc industry faces a challenge of limited, location-based access to premium canned cocktails, hard beverages, and craft beer through traditional retail channels.
Goals
User Goals
- User-Experience
- Convenience
- Variety
- Trust
Business Goals
- Market Share and Growth
- Brand Recognition
- Customer Retention
- Diverse Product Offering
- Effective Marketing and Advertising
Get Stocked is the future of Beverage/Alcohol eCommerce, where speed and trust converge to offer instant gratification with every click – where aesthetics meet efficiency for our customers' needs.
Research
To ensure a successful launch of "Get Stocked," a comprehensive research approach is essential. Primary research methods, such as surveys, focus groups, and interviews, help gather insights from potential customers and industry experts. Additionally, secondary research, online analytics, user testing, trend analysis, and packaging research all play a crucial role in understanding the market, competitors, and user preferences.
Demographics
Our target market demographics are as follows:
- Age: Predominantly 21-45 years old, with variations based on product preferences (craft beer enthusiasts tend to be slightly older).
- Gender: A balanced distribution of both male and female consumers.
- Income: Middle to high-income earners, given the premium nature of craft beverages.
- Geographical Location: Urban and suburban areas with prevalent e-commerce access.
- Lifestyle: Active individuals who enjoy socializing and have an appreciation for premium and unique beverages.
Target Market
Get Stocked caters to a diverse yet passionate group of consumers who can be segmented as follows:
- Craft Beer Enthusiasts: This group includes individuals who are connoisseurs of artisanal beer. They value variety and quality in their beer choices, making them willing to pay a premium for unique experiences.
- Canned Cocktails Connoisseurs: This segment comprises those seeking both convenience and quality. It attracts consumers looking for pre-mixed cocktails that are easy to serve and those valuing the convenience of canned cocktails for outdoor activities and events.
- RTD Beverage Seekers: This category encompasses a broad range of consumers seeking ready-to-drink beverages, including hard seltzers, iced teas, and coffee-based alcoholic drinks. They appreciate the convenience and diverse flavor options that RTD beverages offer.
Additional Insights
- Trends in Alcohol Consumption: The market trends favor craft and locally-produced alcoholic beverages, unique flavor profiles, and artisanal products. Consumers are increasingly seeking quality over quantity.
- E-commerce Growth: The e-commerce market for alcoholic beverages is expanding rapidly, driven by the convenience of online shopping and access to a broader range of products.
- Regulatory Considerations: Understanding and navigating the complex landscape of alcohol distribution laws and regulations is essential for the business to ensure it can effectively ship products to customers in different regions.
- Packaging and Branding: The importance of eye-catching and informative labeling, along with eco-friendly packaging options, cannot be underestimated. Packaging and branding significantly influence consumer decisions.
- Seasonal and Event-Driven Opportunities: The business should anticipate seasonal fluctuations in demand, with higher sales expected during holidays and the summer season. Capitalizing on these opportunities is essential for maximizing revenue.
- Competitor Landscape: A thorough analysis of competitors in the e-commerce craft beverage market is crucial to identify strengths, weaknesses, opportunities, and threats. Understanding the competitive landscape is key to differentiating our offerings.