wegmans senior presentation
DESCRIPTION
My final presentation in the Wegmans Summer Management Internship.TRANSCRIPT
Wegmans 2.0How Wegmans reaches the
Next GenerationEric Staller
Bridgewater #96Fairleigh Dickinson University
Goals
• Key Demographics• 3 Tools for Success• Outcomes• Conclusions and Recommendations
A Letter from Colleen
• Introduced by the Bridgewater Store Manager
• Discussing the world of communication in the next generation.
• Question: “How does Wegmans reach your generation in communication, marketing, etc.?”
How do we turn Generation Y…
…into Generation ?
Who is Generation Y?
• Between 18 and 25 years old• Computer Savvy• Have at least one of the following:
– E-mail– Cell Phone– Facebook Account– YouTube Account
• A social networking website
• Used for connecting people to friends, family, and organizations
Facebook Facts
• Young adults are the 2nd largest demographic
• Market targeted towards college students
• Many companies have a Facebook Group or Fans Page to attract customers
YouTube
• An online video sharing website
• Users can watch, post, or reply to videos online
YouTube Facts
• 1 in 5 adult Americans watch online video on any given day
• The primary source of online video• Currently there are Wegmans recipe
videos posted on YouTube• Blendtec used “Will it Blend?” video
series to boost sales, up 43% in 2006
Text Messaging
• The technology of sending a short message to a cell phone
• Popular form of communication among young adults
Text Messaging Facts
• According to the Questionnaire, everyone uses text messaging
• According to USA Today Poll, 65% of young adults in America use their phone for text messaging
Questionnaire ResultsAge Groups
24-258%
26+1%21-23
12%
18-2043%
15-1738%
Questionnaire ResultsDo you have an e-mail account?
165
80
20
40
60
80
100
120
140
160
180
Yes No
# o
f p
eo
ple
Questionnaire ResultsHow often do you check your e-mail
each day?
33
10
122
80
20
40
60
80
100
120
140
0 to 2 3 to 5 6 to 8 9 or more
# o
f p
eop
le
Questionnaire Results Would you like to receive text
alerts from Wegmans ?
Yes 73%
No25%
Maybe2%
Questionnaire ResultsHow often would you use this feature?
Rarely6%
Occasionally28%
Sometimes30%
All the time36%
Outcomes
• Facebook can be used to market towards college students
• YouTube can be used to market Wegmans.com to a younger generation
• Text messaging can be used to communicate with customers and employees
Recommendations
• Create a Wegmans Fan Page on Facebook to get customers excited about Wegmans
• Start a promotional campaign on YouTube linking to Wegmans.com
• Start a program that involves text alerts
Questions?