Market Research, Surveys, Focus Groups and University Input
We’ve Done Our Homework! – Over a two year period prior to launching Dorm-In-A-Box, we conducted several focus group studies, conducted and analyzed three extensive surveys with well over 1000 respondents, and met with over a dozen Universities, and industry experts.
Respondents to our third survey were asked: If your University provided all of your dorm room essentials priced 65% - 70% below regular retail price, was in your dorm room upon arrival eliminating the time and expense of transport to school, and impacting the environment positively, please respond to the following: 76% Responded Yes, I WOULD WANT the University to purchase this on my behalf. 88% of parents surveyed wanted Dorm-In-A-Box purchased on behalf of their college student!
Further, we have conducted six formal focus group meetings with students from five diverse Universities across the United States. We have solicited formal input from administrators including Vice-Chancellors, and Vice-Presidents at over a dozen prestigious Universities nationwide. Lastly, we have reached out to student action and environmental groups on campuses across the United States to gain a better understanding of student attitudes, preferences, and relevant issues.
So How Do We Do It?
How To Achieve Huge Savings - (Totaling 65% or more from traditional methods)
Retail Costs
We ELIMINATE 40% or more of the final consumer cost by eliminating the cost of traditional retailers.
Transportation Costs
We ELIMINATE fuel and transportation duplication by shipping product directly to the end user; saving 5-10%.
Sales & Marketing Costs
We ELIMINATE the huge sales and marketing overhead necessary for a traditional nationwide sales campaign via sales representatives; saving 5-10%.
Operating Margins
Our organization IS LEAN and we can operate on substantially lower operating margins principally as a result of the economies of scale involved in this program, saving 10% or more.