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Asmoke

Asmoke is a wood pellet grill and fruitwood pellet brand that funded about $1.5M on Indiegogo. 

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Results:

$1.4M funded

ROI > 5

Over 8,500 backers

Asmoke

Market Research Insights

  • Leading manufacturers in the grill market are now targeting Millennials and Gen Z, nearly 61% of Gen Z/Millennial grillers (ages 18 - 38) reported grilling year-round.

  • The rising trend of cookouts among the younger population has been driving product sales.

  • inclination towards at-home cooking as an option for the fulfillment of leisure and hobby is anticipated to further fuel the growth.

  • The majority of consumers are millennials who are more prone to backyard cooking. The adoption of electric grills witnessed a surge on account of the rising preference of consumers for grilling meals at home.

  • There is a huge interest in green and vegetarian alternatives for all the classic BBQ foods. For now, steak and hamburgers would still take the top spot, people might want to try a few times to grill green and vegetarian foods.

  • Multicultural recipes

  • Big companies like Weber started targeting Millenials for BBQ grills, since a lot of the younger population is into cookouts it actually helps drive product sales.

  • New technologies: Touch screen controls, Automatic fuel measurement, Automatic heat controls, Voice recognition, Electric smoker, Digital Thermometer, Advanced Controller (Wifi), Smokeless grilling technology, Mobile App for controls and monitoring

Consumer Insights

  • Decision-making process:

  1.  Flavor (72%)

  2. Lifestyle (52%)

  3. Entertainment (40%)

  4. Convenience (33%)

  5. Hobby (19%)

  6. Flexibility (18%)

  7. Health (18%)

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  • Use scenarios

Summer holiday weekends continue to spark the highest usage with consumers: 

  1. 73% of consumers grill on July 4

  2. 60% on Memorial Day

  3. 58% on Labor Day

  4. 45% on Father's Day

Spring holidays are also key grilling weekends for many consumers: 

  1. 34% on Mother's Day

  2. 19% on Easter

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  • Customer Segmentation

  1. 77% of Millenials grill, 78% of Gen X grill, and 65% of Baby Boomers grill.

  2. Millenials are 65% more likely to purchase a grill. Millennials are interested in grilling at parks, during camping, and at other people's homes.

  3. Grilling is more common for males, those with higher incomes, parents and younger respondents.

  4. 87% of consumers has household income around $75k - $99k.

Competitive Analysis

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Branding Strategy

  • For

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  • Who

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  • Our product is

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  • That provides

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  • Unlike

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  • Our product

30-60 year old

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Live in the city and have a demand for indoor cooking, apartment and backyard grilling

Somehow the backyard hasn’t been well utilized. 

Does not have too much grilling techniques but love cooking and enjoy tasty food

Love hosting parties with families and friends

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Wood Pellet Grill and Apple Wood Pellets

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a better solution for an easier, faster, tastier, healthier, and more secured way of grilling anytime, anywhere.

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Traeger, Pit Boss, Weber, and Green Mountain

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Provides wood pellet grills with bold exterior design and exclusive recipes for you to enjoy easy & fun grilling and tasty food with apple wood smoked flavor anytime with your friends and families.

Customer Acquisition Strategy

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Brand Recognition - Product Design

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  • Color prototyping

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  • Final products and color naming

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Crowdfunding Results

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