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MAST BROTHERS HISTORY
                        + Rick, 34, and Michael Mast, 31, started Mast brothers chocolate in 2006
                        + first worked out of their apartment & then opened a tiny shop
                        + today they have a 2,000+ square foot space in Williamsburg
                        + Sell to 120 stores and restaurants, mostly in the NYC area
                        + have an international waiting list of over 1,500 vendors worldwide
                        + Launched with only $35,000 in their personal savings accounts
                        + Chocolate bars are created from a single farm, village or province
                        + Use of winnowing machine that uses air to remove hulls and grind the
                        beans into “seconds”
                        + Supply organic local beer to their 14 employees to keep them happy
                        + Only use two ingredients – cacao & organic sugar
                        + Paper produced in Long Island City by friends
                        + Use wind power to transport their crop
MAST BROTHERS SWOT
                                      +Handcrafted                        +Cost of the chocolate
                                      +One of a kind                      +sailing route is also a drug route
                                      +Organic farmed & fermented         +actual product (cacao) is not
                                      +Simple ingredients                 easy to obtain
                                      +Local to NYC                       +NYC docks are not suitable for
                                      +Community Building Activities      sailboats
                                      +tours                              +Longer delivery times because
                                      +tasting room                       of sailing and location
                                      +music shows                        +Easily replaceable, high
                                      +Very accessible to the public




                                                                                                     WEAKNESSES
                     STRENGTHS




                                                                          substitution
                                      +Sold in many local & national
                                      retailers
                                      +High profile partnerships
                                      +High usage in restaurants




                                      +Make NYC more conducive for        +Global climate change is affecting
                                      sailing                             production of farmed goods
                                      +Work with NYC Economic             +this will affect purchases
                                      Development Corps Maritime          +might have to source from
                                      Division to make shipments easier   other countries
                                      +Find more cacao plantations        +Political uprises in Africa, etc.
                                      that are better to sail out of      +Rising labor costs
                                      +Better competition based on        +Current sailing route & drugs
                                      Value Proposition                   +Possible rise in taxes or tariffs
                                      +Make a less expensive bar          +Weather
                                                                          +Recession
                                                                          + lack of demand for high
                      OPPORTUNITIES




                                                                          quality products




                                                                                                     THREATS
CUSTOMERS
            + 72% of people think it is pricey, but are willing to pay for a cause, however more people are
                  drawn to their packaging than the cause
            + 60% knew what Mast Brother’s Chocolates was and saw it as a luxury
            + People are very aware of the chocolates they like and are brand loyal
            + 100% believe in the overall goal, but are skeptical of how it is executed how they will sustain it
Mast brothers final ppt
Mast brothers final ppt

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Mast brothers final ppt

  • 1.
  • 2.
  • 3. MAST BROTHERS HISTORY + Rick, 34, and Michael Mast, 31, started Mast brothers chocolate in 2006 + first worked out of their apartment & then opened a tiny shop + today they have a 2,000+ square foot space in Williamsburg + Sell to 120 stores and restaurants, mostly in the NYC area + have an international waiting list of over 1,500 vendors worldwide + Launched with only $35,000 in their personal savings accounts + Chocolate bars are created from a single farm, village or province + Use of winnowing machine that uses air to remove hulls and grind the beans into “seconds” + Supply organic local beer to their 14 employees to keep them happy + Only use two ingredients – cacao & organic sugar + Paper produced in Long Island City by friends + Use wind power to transport their crop
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. MAST BROTHERS SWOT +Handcrafted +Cost of the chocolate +One of a kind +sailing route is also a drug route +Organic farmed & fermented +actual product (cacao) is not +Simple ingredients easy to obtain +Local to NYC +NYC docks are not suitable for +Community Building Activities sailboats +tours +Longer delivery times because +tasting room of sailing and location +music shows +Easily replaceable, high +Very accessible to the public WEAKNESSES STRENGTHS substitution +Sold in many local & national retailers +High profile partnerships +High usage in restaurants +Make NYC more conducive for +Global climate change is affecting sailing production of farmed goods +Work with NYC Economic +this will affect purchases Development Corps Maritime +might have to source from Division to make shipments easier other countries +Find more cacao plantations +Political uprises in Africa, etc. that are better to sail out of +Rising labor costs +Better competition based on +Current sailing route & drugs Value Proposition +Possible rise in taxes or tariffs +Make a less expensive bar +Weather +Recession + lack of demand for high OPPORTUNITIES quality products THREATS
  • 17. CUSTOMERS + 72% of people think it is pricey, but are willing to pay for a cause, however more people are drawn to their packaging than the cause + 60% knew what Mast Brother’s Chocolates was and saw it as a luxury + People are very aware of the chocolates they like and are brand loyal + 100% believe in the overall goal, but are skeptical of how it is executed how they will sustain it