Professional Documents
Culture Documents
Natalia
Kassim
Sachi Bhansali
Surangna Chansrichavala
Bear Mattress is an
innovative memory foam
mattress and is designed
being the first bed
specifically devised for
athletes and people living
a healthy, active lifestyle
The
Market
The
Market
US Contiguous
States
~313 mio
25-45 yo
~93.8 mio
Target market
~40 mio
Competitor Analysis
Key Factors
Competitors
Bear Mattress
Leesa
Casper
Loom&Leaf
$850
$890
$850
$999
Technology
Memory foam +
Celliant TM
Memory foam
Memory foam
Memory foam
Sleep Cool
Excellent (gel
infused)
Good+
Good
Bad
Motion Transfer
Good+
Good+
Good
Good
Firmness
Summary
6-6.5/10
Designed for
Athletes, excellent
for pressure
release and deep
sleep
6-6.5/10
Almost suitable for
everyone.
6.5-7/10
Good for back
sleepers, Costs
more than it's
value.
5/10
Sleep hot, cost
more than actual
value
Free Trial
Review
100 days
9.5
100 days
9.5
100 days
9.4
75 days
9.2
http://getbestmattress.com/bear-mattress-vs-leesa-vs-casper-vs-loomleaf-vs-purple/
Positioning Chart
Bear Mattress
Competitive Advantage
Cost Advantage
Differentiation
Advantage
Product Exclusivity
Innovation
Reinforced
Overturned
Unchanged
Incremental
Innovation
Modular
Innovation
Changed
Linkage
between
concepts
and
components
Core concepts
Architectural
Innovation
Radical Innovation
Enhancement on Innovation
Now
Product
Strategy
1)
Proposed Innovation
1) Customization to offer customers
variation of mattress firmness.
Challenge: expensive due to lost
of economies of scale
2) Develop health Technology (The
mattress measures heart rates,
quality of sleep, blood pressure,
sugar level, etc)
Challenge: High cost of product
development and pricing due to
difficulty of the integration of
technology.
1) Add channel of distribution
Showroom
2) Expand B2B channels such as
hotels, physiology centers, and
wellness centers.
3) Expand target market
Ecosystem Strategy
Celliant
Technology &
Graphite Gel
In house
manufacturing
UPS Packaging
& Delivery
Bottlenecks
Bottleneck
Cons
Innovation
Strategic
Incentive
Pros
Suggestion
Inadequate
suppliers on
technology
Too much
dependence (less
bargaining power)
Stronger
relationships with
fewer suppliers
Expand network
Eventually develop
in house
technology and
capabilities once
weve reached
scale
Competitive rate
with UPS because
we an exclusive
contract
Outsource to
different carriers
starting with
different region
Scale up and
expand to having
showrooms.
Protection strategy
Patent
Advantages
Disadvantages
Restrict Competitors
Revenue from licenses
and sales
Retain the right of the
invention
Limitation to country
Expensive
Information will be
publicly available
Brand Recognition
Effective communication
tool
Retain the right of the
invention
Time Consuming
Risk of rejection
Marketing and
advertising cost will
increase
Consumes may not
remember the brand
Trademark
Key Takeaways
Product:
-Customization
- Develop
health
technology
Marketing
Strategy:
- Expand
target
market
(demograp
hic)
Sales
Strategy:
- Expand
globally
Sales
Strategy:
- Showroom
Protection
Strategy:
- Patent
- Trademark
Q&A
Strategy
Product
Exclusivity
Free
Trial
&
Doorstep
Delivery
Establishing
long
term
relationship
with
customers
Direct
Selling
Structure
High
quality
for
low
price
One
type
fits
all
mattresses
Direct
shipment
with
a
return
policy
Market
to
active
lifestyle
people
using
mobile
first
strategy