Using Oscar Gift Bags For Your Product Launch

Using Oscar Gift Bags For Your Product Launch

Disclaimer: Pooki’s Mahi’s “Guide: Using Oscar Gift Bags For Your Product Launch” provides insight to Pooki’s Mahi new product introduction and go-to-market launch frameworks, product value of the custom Kona coffee pods for the event and the “day of red carpet event” planning. Pooki’s Mahi guide does not cover:

1. Reviews of firms offering celebrity gifting services or gift bag services
2. Pricing to launch products through an awards show gift bag
3. Suggest vendors (marketing firms) offering “access to celebrities.”

Les Magsalay-Zeller is the Founder/CEO of Pooki’s Mahi.Pooki’s Mahi’s Founder/CEO expertise is in new product launches.  Pooki’s Mahi has a detailed strategy and product launch plan for new product launches.   Pooki’s Mahi™, The PMO Practice™, and Matcha Matcha Man™ are trademarks of Pooki’s Mahi.  New Product Launch introductions, Go To Market Planning and supply chain frameworks are protected under VA 1-294-170.  Pooki’s Mahi has a zero tolerance policy for individuals or firms engaged in cyber-bullying, slander or cyber-criminal activities.

Summary:  The purpose of our “Using Oscar Gift Bags For Your Product Launch” is a guide fornew entrepreneurs looking to launch new products and their brand using award shows like Oscar, Emmys, MTV Movie Awards, etc Pooki’s Mahi’s guide is suited for entrepreneurs whose businesses are steadily growing, does not have a “go to market” or new product launch framework widely understood by the company’s top executives but understand digital marketing.  

This guide is not the “secret sauce” and may not work for all products.

Background & Litmus Test:
Pooki’s Mahi follows a patented framework to launch new products to market that involves roadmap planning, digital marketing, and timelines.  The new product launch framework includes cross functional agreements from product development (ecommerce), digital marketing (marcom events, product story) and operations (supply chain management). Pooki’s Mahi launches new products Q1 and Q2 of each year.  Pilot launches or limited releases occur in Q3.  No launches in Q4. - it is suicidal to launch in Q4 because the focus should be on selling through existing inventory built from a master demand schedule.

Litmus Test
Marketing isalways tied to many metrics. The main metric are sales and inventory turns. Companies are ready to use Oscars Gift Bags for product launches if entrepreneurs can answer the following:

1. Do you have a budget of $25,000 - $50,000 USD?  
2. Can you give away a total product value of $300-$500 for EACH attendee?
3. How many customer journeys (different from personas) does your company have?
4. How many customer personas does your company have?
5. Does your company have a digital marketing exec controlling the brand’s story and product story through press releases?
6. How many sales channel types is your company selling into?
7. Is your product sold onlineand through approved resellers?  
8. Who owns sales operations?
9. How many inventory turns does a digital marketing campaign generate?
10. Do you run 6+ digital marketing campaigns on social media and e/retailers?
11. How big and active are your company’s social media profile?
12. Do you have adocumented process to assess vendors (firms) that offer market communications (marcom) services like product placement or celebrity gift suite?

Entrepreneurs and companiesare not ready to use award show gift bags for product launches:

1. If the ownership to the above questions isnot your company or driven by a company executive.
2. Frumpy grump - tech savvy entrepreneurs are not comfortable attending non-tech trade shows or networking events. Entrepreneurs who never hosted a conference (actually planned it), wrote the press release or created an event (market communications) will ultimately fail to launch products to celebrities. Don’t bother launching a product - you’ll waste the host and your time.
3. Nay-sayers - Entrepreneurs who automatically say “no” will never be convinced and have a very poor attitude in leveraging celebrities, athletes to growth their brand.

 

Part 1:  Definition - New Product Launch:  Pooki’s Mahi Oscar Gift Bag

Pooki’s Mahi received the first red carpet event invite in 2012. At that time Pooki’s Mahi Kona coffee pods, award-winning tea pods and truffle salts were not ready.  The company was also not ready.  The Silicon Valley startup was in the middle of a lengthy pilot test to figure out which product line (Kona coffee pods, teas, white truffle salt) to launch and building out an ecommerce platform. In 2013 Pooki’s Mahi received and participated several invites to include 100% Kona coffee, single serve tea pods in popular award show gift bags for celebrities. The ecommerce site launched in 2013. Pooki’s Mahi hasn’t looked back.

Beware - invitations to award show gift bags
There are a lot of firms who will provide an opportunity to “place” your product in the hands of today’s leading trend-setters like celebrities, athletes, Hollywood Producers, etc. Many companies will claim “known for acquiring top quality products, high profile celebrities and sought-after national press that attend every celebrity gifting suite.” In addition the same firms will claim to “make loads of money” for placing products on a “well known TV network” and grow your revenue and market share.  

Really?!  How?  Beware.

Pooki’s Mahi approved a small list of vetted firms offering product placement, celebrity gift bags or events services to expand product awareness.  Refer to a separate detailed guide on how to vet vendors. At minimumrefer to Pooki’s Mahi Apply to Become A Vendor or Supplier.

Our Advice -Do not get glamoured by empty promises from untested vendors.  Complete a due diligence on the vendor and require 3+ reference checks. Companies that produce (manufacture) high value products will always receive an invite to present products at events attended by celebrities, athletes and brand influencers like Hollywood producers.

Part 2 Definition:  Pooki’s Mahi award show gift bag + product value of gift bag

Pooki’s Mahi hosts or participates in 24 events per year.  This is about 2 events per month. Pooki’s Mahi events are hosted by Hollywood producers for Oscar gift bags, (approved) private label platform for  private label distributors and by Pooki’s Mahi Founder/CEO for new private label products roadshows. Pooki’s Mahi is a frugal company; the budget for marcom events is very small compared to the budget allocated for digital marketing.

Most Oscar gift bags or any award show gift bag will require a product valued $100 - $500 USD. This means one (1) box is sold as a retail unit at $100 - $500and customers are buying it at this price.  The $100 - $500 isnot the MSRP; it is the selling price. The product is flying off the shelves; your company is “scrambling” to manufacture the SKU to meet demand.

If your product isn’t priced at $100 - $500 thenbundle similar products to create 1 SKU priced between $250-$500.

Perspective: Product Value of Gift Bag
Pooki’s Mahi’s approved vendors (hosts) hosting celebrity events want high value products with proof that it is selling at the price point (not the MSRP).  Celebrities, athletes and Hollywood producers don’t want their photos next to a “cheap” product or a new product that doesn’t solve a common problem.  Pooki’s Mahi is focused on the luxury coffee pods, private label tea pods or white truffle salts.  US based customers will pay between $48.00 - $64.99 for 1 (one) box of 100% Kona coffee pods depending on the grade.  

1. 100% Kona coffee pods, 24 count (Medium Roast) sold $49.99-$54.99 (top seller)
2. 100% Kona Estate Extra Fancy coffee pods - $50.00 - $55.99
3. 100% Kona Decaf coffee pods sold for $50.00 - $55.99
4. 100% Kona coffee pods Variety Pack sold for $50.00 - $55.99
5. 100% Kona Peaberry coffee pods - $64.99 - $75.99

Outside the US Pooki’s Mahi's 100% Kona coffee pods are sold $125.00 - $1300.00 depending on size Kona coffee grade.

Pooki’s Mahi Template - Award Show Gift Bag
Pooki’s Mahi has a template for all roadshows for new product launches.  A standard gift bag will have $450.00 of 100% Kona coffee pods, creatives (like a new product catalogue with a price list or gift cards), Hawaiian flowers or a high tech gadget, custom designed recyclable and insulated fabric bag (that can be used as a grocery or picnic bag).

Overall product value ofeachPooki’s Mahi Celebrity Gift Bags:

• $150-$300 (Kona coffee only)
• $350 (Kona coffee = truffle salts)
• $400 (Kona coffee pods + truffle salt variety pack)
• $450 (Kona coffee pods + tea pods + truffle salt variety pack)
• $600 (Kona coffee pods + tea pods + truffle salt variety pack + single serve coffee maker from Pooki’s Mahi approved manufacturing partner such as Cuisinart, Kitchen-Aide, etc.)

Additional gift bag items from Pooki’s Mahi:$1714

• $125 - $200:  Autographed coffee table photo book
• $100:  Pooki’s Mahi gift cards to be used on PookisMahi.com; it won’t work on subscriptions
• $500-$1000:  Pooki’s Mahi private label gift cards - works on private label kona coffee pods (paid orders only)
• $75:  Hawaiian flowers
• $289:  High tech gadget
• $50 recyclable and insulated fabric bag (that can be used as a grocery or picnic bag)

Why Pooki’s Mahi is Selective:
Athletes, celebrities and Hollywood producers have helped Pooki’s Mahi brand grow.  Pooki’s is very generous and is extremely selective. Pooki’s Mahi approved vendors consistently deliver the athletes and celebrities of select shows to the events.  The target product value is foreach attendee.  If you’re giving away $2300+ (product value) and 100 celebrities attend, then plan on giving away (losing) $230K in products.  $230K = $2300 (product value) x 100 celebrity attendees.

A new product launch budget of $50,000 means you have $500 per attendee (100 attendees).

Part 3 Definition:  Day of Event + type of celebrities

When Pooki’s Mahi commits to attending (in person) a celebrity attended gift event, then there is a “Day of Event” template. The template includes the type of customers and additional networking opportunities.Do not commit attending (in person) or hosting a celebrity gift event until your company clearly understands the customer personas and (repeat) customers’ journey.  

Types of Celebrities:
A new product launch success is dependent on connecting with celebrities, athletes and brand influencers who would would help expand the brand.  The company or Founder/CEO is ultimately responsible for sales - not an event.  A red carpet event helps obtain brand recognition; however Facebook has a better higher conversion rate reaching target customersand Google drives conversion rates.  

There are free and paid technology tools to identify customer personas and/or journey.  If the process to select a vendor (for customer journey/persona) is too overwhelming then start with the basic questions:

1. What TV shows, movies or events do your customers want to see your product associated with or seen on?
2. What type of celebrity does your paying customers want to see with your products?

Pooki’s Mahi is clear on:

1. Customer persona
2. Customer journey to purchase Pooki’s Mahi products
3. Entertainment avenues for Pooki’s Mahi customers
4. Type of TV shows, movies that excite and engage Pooki’s Mahi customers

Pooki’s Mahi executives regularly reaches out to repeat customers to reconfirm Pooki’s Mahi brand influencer profile.  Pooki’s Mahi brand influencer profile isextremely deep and covers age range, education level, buying habits, zip code, eating habits, technology, buying habits, number of automobiles in the house, automobile type (SUV, crossover, sports car, truck),  etc.

Customers will find Pooki’s Mahi products at Emmys®, Oscars®, movie or TV premiers, American Music Awards®, BET®, Pebble Beach® Concours d'Elegance and other athletic events like NFL®, NBA®, MLB®, or golf, etc.

Day of Event: Goals
Pooki’s Mahidoes not “wing it” at any event.  All events regardless if it is an award show gift bag or sporting event should be planned.  Award shows where gift bags are given to celebrities arenot tradeshows. How the “Day of Event” is planned is dependent on the following questions:

1. What messaging do you want the celebrities, athletes you’ve just met to walk away it?
2. What CTA (Call To Action) do you want the celebrities, athletes to do?
3. Are you looking to hire a celebrity or athlete for a TV ad?
4. Have you set up additional meetings with your existing customers, product roadshows, distributors or someone in my network.

Pooki’s Mahi template for award shows offering gift bags drives the following goals:

1. Reconnect with existing brand influencers to find out which projects are in the pipeline and if there is an opportunity for Pooki’s Mahi’s products.
2. Identify new celebrities and athletes that will be excited about Pooki’s Mahi's 100% Kona coffee pods, private label teas and will influence their network to buy products.
3. Host top 1% customers, private label distributors and technology executives at a private dinner hosted by Pooki’s Mahi Founder/CEO; goal is provide an update on Pooki’s Mahi business and share future roadmap “items.”
4. Meet approved suppliers and share future product roadmap, supply chain and technology updates (impacting the supplier.)

Day of Event: Materials
Regardless of the award show or celebrity gift bag event companies need to provide the materials at the event. Companies that depend on the host will not be happy with the results. Pooki’s Mahi recommends the following items:

1. Large banner preferably on a white background with the company’s logo.
2. 85 - 125 product sets to “gift” to celebrities.
3. Creatives with the company contact information.
4. Single serve coffee makers to sample Pooki’s Mahi Kona coffee pods or private label teas.  Find opportunities for celebrities or athletes to interact with the product.
5. 1-2 photographers
6. 1 videographer to shoot the master B real of the event. Companies can decide later how many storyboards to create.
7. Story board script for the videographer
8. Lightning
9. Snacks, drinks (water)
10. Tape, stapler, electrical plugs, etc.

Pooki’s Mahi uses between 1-7 people to effectively “man” (service) the booth.

Day of Event:  Beware of using volunteers
Do not use “volunteers” as photographer, videographer and maybe setting up the booth.  “Volunteers” are either colleagues, friends (from the network) who are glamoured by the attendees and will exude negativity. Example - “volunteers” will point out everything wrong about the booth (lighting, photographer, videographer, final gift bag, etc.) andnever find a solution.

Day of Event: Agenda
Plan on spending 12-14 hours to set up the area, prep products for the celebrity gift bag, hand out luxury gift bags to celebrities and to clean up the booth area.  Pooki’s Mahi uses the following schedule for award show events:

6:00am Getting ready, prep
7:00amBreakfast
8:00amSet up
9:00amDry Run - walk through, video sound check, photo lighting check
10:00amCelebrities, athletes arrive
3:00pmCleanup and begin breaking down the booth / area
4:30pm “After Event Pisser” hosted by Pooki’s Mahi - event recap
6:00pm “Event Dinner” hosted by Pooki’s Mahi - special invite only

Summary & Key Lessons:

1. Companies / Entrepreneurs must have the budget of $25,000 - $50,000 for the award show gift event.
2. Have an additional budget of $25,000 - $200,000 is required to manufacture and prepare Oscar gift bags. The budget does not account for accommodations, food, or anything extra. Plan on a total product value of $300 - $500 for EACH attendee.  Attendees want high end luxury products - not cheap $0.99 products that aren’t selling out faster than you can produce or solves a problem.
3. Understanding your customer personas and journeys drives which event(s) are good for new product launches.
4. Have a “Day of Event” plan - an agenda with target time slots. You’ll come across as prepared.
5. Donot use “volunteers” for the company booth. If you’re a high energy Founder/CEO, then using a low energy volunteer will irk you.
6. Get everyone to wear similar colors or provide the “company uniform.”
7. Be active - share the company journey with celebrities, athletes.  
8. Weed out “frumy grumps” or “nay-sayers” from attending events.  You positive energy - not negative energy that points everything wrong about your booth, gift bag, etc.

New Product Launch Resources:
Pooki’s Mahi will addnew product launch services for private label customers. Pricing is reflective of the total cost to launch new products to market using oscar gift bags, award show gift bags and increase brand recognition.  

1. Pooki’s Mahi isnot responsible for driving sales for private label customers.
2. The Silicon Valley startup isnot responsible for presenting private label products or  promotional products to Pooki’s Mahi existing distribution channels.

Private Label Resources:
Visit the resource links to find out more information on private labelling Pooki’s Mahi Kona coffee pods or custom tea pods.  Customers can start designing private label coffee, private label Kona coffee pods, or custom Kona coffee pods for the next launch event.  Private label single serve custom tea blends will be available to order in 2017.
Pooki’s Mahi will continue to update the “How To Private Label” Guide to assist new customers.

Resource Links:

1. Kona Coffee Pods:  Custom Promotional Products
2. Private Label Kona Coffee Pods
3. Private Label Coffee - BYOC (Bring Your Own Coffee)
4. Pooki’s Mahi Customer Success Center

 

 

About Pooki’s Mahi:
Pooki’s Mahi® is a Silicon Valley-based private label coffee pods and custom promotional products manufacturer offering Hawaiian 100% Kona coffee and award-winning private label teas in sustainable single serve pods. Private label brands partner with Pooki’s Mahi for the efficient supply chain, go to market launch and new product introduction expertise. Since its online launch in 2013, Pooki’s Mahi products have been a favorite of customers, charities, celebrities and athletes and have been featured at red carpet events including Celebrity Gift Suites and athletes and seen on several television shows.  Pooki’s Mahi’s mission is to revolutionize the supply chain ecosystem to make it efficient by using technology in bringing the highest quality Kona coffees into the market in a sustainable, compostable cup. Hawaiian coffees are harvested/roasted in Hawaii, single serve cup manufactured in US and distributed to several fulfillment centers in the US.

For more information on Pooki’s Mahi custom private label coffee, pods pricing, becoming a reseller distributor 100% Kona coffee visit Pooki's Mahi VIP Reseller Distributor pricing or Pooki's Mahi Private Label Coffee platform for custom promotional products. Follow Pooki’s Mahi on Instagram, Facebook, or Twitter to keep up with news insights to launching custom promotional products. Pooki’s Mahi has a zero tolerance for firms engaged in cyber-bullying, cyber-criminal, slander, negative reviews, or cultural discrimination.  A single serve coffee maker of black / white pods and aloha islands competitors cyber-bullied Pooki’s Mahi Founder/CEO since 2014. The relentless negative campaigns, slander and IP bullying resulted in irreparable harm.  Once a cyber-bully, always a bully.

Contact Information
Pooki’s Mahi                                                                                          
Support(at)pookismahi(dot)com

 

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