Marketing
Find a need and fill it
Core Product-Service: We will offer life
coaching and consulting services for our
customers.
Market Research Plan: Our core focus is
the 20-40 year old demographic. We will appeal
to those who are having difficulty finding
themselves and are not currently realizing their
aspirations. We will reach them through viral
marketing, a physical location, and word of
mouth.
Market Segment: We would like to reach to
20-40 year olds. They do not have to be
financially successful. However, they will pay $50
for an initial consultation and if they enroll in
our success program they will be refunded for their
initial consultation. We will also attempt to
reach college graduates and veterans.
Preference: Our friendly, cooperative
atmosphere and a refined focus for their life.
Pricing Strategy: Usually these customers
afford to pay a large price if they see a benefit
to
themselves. They will pay after the first meeting
and before each consecutive meeting.
Placement: They will come to our physical
location for a consultation.
Differentiation: Technological based
advertising and confidence in us and our services.
They
will be attracted to our confidence and it will
raise their confidence.
Promotion: We will reach them through
viral marketing, a physical location, and word of
mouth.
We will portray ourselves as a youthful and vibrant
organization. Referral based rewards and
community involvement will be key to our
success.
SWOT Analysis:
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Internal Strengths
- Knowledge
- Confidence
- Open and approachable
environment
- Affordable
|
Internal Weaknesses
- Curriculum and course material
- Uncertainty of leadership
direction
- Website quality
|
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External Opportunities
- Definite need
- Partnerships with VA's and
community
- Outreach programs
- Confident appearance
|
External Threats
- Government and non-profit
programs
- Convincing customers of their
need
- Pre-conceived biases and
labeling
- Economic crisis
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