How to Recognize Your Target Market in the Salon Business By Select Salon Studios.

Slides:



Advertisements
Similar presentations
ONE IDEA CHANGES EVERYTHING! MARKETING PLAN DECEMBER 07, 2013
Advertisements

On Target Group Coaching
Content of the Lecture Definition of Market Segmentation
Segmentation Strategies
Learning Goals Learn the three steps of target marketing, market segmentation, target marketing, and market positioning Understand the major bases for.
Market segmentation.
Basic Marketing Concepts
The Marketing Concept Marketing Mix. What is “The Marketing Concept”? Satisfy customers’ needs and wants Make a profit.
MARKETING MANAGEMENT 12 th edition 8 Identifying Market Segments and Targets KotlerKeller.
Marketing and Tourism CGG3o1 Lester B Pearson. What is marketing? Marketing is about anticipating and identifying the wants and needs of a target market.
Segmentation, Targeting, and Positioning: Building the Right Relationships with the Right Customers 6.
Sultan Ahmed Topic 05. Sultan Ahmed You would be able to answer the following questions after reading.
Course standard BMA-IBT-5
Segmentation, Targeting & Positioning
+ Fashion MARKETING Basics How fashion is marketed9/8/15.
Marketing II Chapter 6: Customer-Driven Marketing Strategy: Creating Value for Target Customers.
Market Segmentation ‘you cannot please all of the people all of the time’
Presentation Made By At hair salons, stylists get to encounter clients with all personality types. Some may be shy, aggressive, or difficult to deal.
5 Types of Massage You Should Get From Therapist
Which hairstyle is attractive for celebrities?
Hairstyle That Describes Your Personality
Develop Your Own Style
What Can I Expect at My First Visit to a Massage Therapist?
The Secret Of Massage Therapy
Changing Temperatures and Skin Care
The Countless Health Benefits of Massage Therapy
5 Summer Hair Care Tips Every Woman Should Know
Hair Salon Toledo and Maumee OH (Select Salon Studios)
Marketing 1 Indicator 1.04 – Employ marketing information to develop a marketing plan.
CHAPTER - 7 Market Segmentation, Targeting and Positioning
Customer-Driven Marketing Strategies
Target Marketing Students you will need a piece of line paper and a pen or pencil. All students are required to take notes. Every seven slides students.
7 Identifying Market Segments and Targets
Unit 3-Understand Hospitality Marketing
Competition Analysis/ Market Analysis
Get these Different Types of Massage from our Massage Therapist
THE MARKETING MIX Product Place Price Promotion
Chapter Seven Customer-Driven Marketing Strategy:
What is Marketing?.
Basic Marketing Concepts
Market Analysis.
MARKETING DEFINING THE MARKET MARKET SEGMENTS MARKETING MIX
Some of the Most Common Types of Facial you get in Salons
Hair Stylist is Heart of Salon
2. Customers Created by: Dr. Janet Ratliff & Ms. Jenna Johnson.
5 Great Tips on How to Start a Local Salon Business
Important Costs you need to see to start a Hair Salon Business
Marketing Your Food Product
Is Massage Therapy Effective?
Segmentation, Targeting & Marketing Mix
THE MARKETING MIX Product Place Price Promotion
The Levels of Market Segmentation
Monday 23rd September Mr Nicholls
Ch. 2: Basic Marketing Concepts
Marketing Information
SEGMENTATION, TARGETING AND POSITIONING
MARKETING MANAGEMENT 12th edition
Marketing Plan: SnakPak
MARKETING MANAGEMENT 12th edition
Identifying your Market Need!
Basic Marketing Concepts
PRODUCT LIFE CYCLE : WHAT IS A PRODUCT? “everything the purchaser gets in exchange for his money”
HOW REGULAR FACIAL HELPS YOU ENJOY YOUTHFUL LOOKS FOR LONG.
Marketing.
SEGMENTATION, TARGETING AND POSITIONING
Chapter 7 Identifying Market Segments and Selecting Target Markets by
Understanding Product/Service Positioning
Segmentation Template
Unit 1 – Strategies Used in the Sports and Entertainment Industry
Presentation transcript:

How to Recognize Your Target Market in the Salon Business By Select Salon Studios

While the salon business seems to be that industry where customers of all age groups and demographics contribute, but there are certain factors which defines a large number of clients for each salon. Being able to identify the target market when starting a new salon helps you in creating a well-thought business plan and the marketing strategies required for business growth.

Region Its obvious majority of the salon’s customers comes from the nearby area, unless your salon is set is a location prone to a thick number of travelers or is a destination salon in itself. You can further narrow down the geographical factor to specific areas or neighborhoods. By determining the profession types of the people in a particular region, you can devise your pricing strategy and decide what to include in your services portfolio.

Gender Almost every living person must have entered the salon doors once in his or her lifetime, but it’s wise to direct your business efforts to the gender which tends to invest more in salon services—women in this case. By this you can have more than a single target market. For example, if your nearby competitors are intensely focused on women, then putting some efforts in targeting appearance-conscious men can come as profitable market niche. Your target gender is also important as it decide the models you will choose in your advertisements and what type of messages will be included.

Style Style is a target market variable that may be less measureable than region and gender but is equally important. For instance, the customer base of an old-fashioned salon that excels in offering vintage or mature hairstyles will be different to the customers who prefer more of a trendy and classy look. To recognize the target market from a style’s perspective, you need to identify the targeted customers’ mindset including factors that influence their appearance such as their profession, hobbies, favorite style or fashion magazines, celebrity preferences, etc.

Socioeconomic Status Identify the socioeconomic aspect of your salon’s target market that will help you shape your startup budget, types of services, prices, level of expected demand, and the advertising and promotional efforts needed. For instance, a salon located in a big-city downtown targeting corporate clients will acquire a different set of services, prices and marketing efforts for their business as compared to a salon opened in a rural area with people residing having low income level and limited preferences.

Address 1: 5221 Monroe St, Toledo, OH Call: Address 2: 3355 Briarfield Blvd, Suite A, Maumee, Ohio Call: Website: Address 1: 5221 Monroe St, Toledo, OH Call: Address 2: 3355 Briarfield Blvd, Suite A, Maumee, Ohio Call: Website: Contact select salon studios for the best salon advice in Maumee and Toledo, Ohio