You have lost a large valuable and loyal customer base with the massive layoff at RIM New target markets need to be identified in order to replace these.

Slides:



Advertisements
Similar presentations
Sales & Customer Service. Marketing Terms Marketing: all business activity undertaken to encourage the moving of goods from the grower or producer to.
Advertisements

CHAPTER 18 Sales Promotion and Personal Selling
Module 3 Market segmentation Dr. Mohamed Zamil AL-Akhtaby.
On Target Group Coaching
Explain the concept of market and market identification
Blueprint to Success and Profit RYKO Winter Sales Meeting.
Marketing Key Elements Cornell Library Presentation December 1, 2009.
 Prime facets of marketing The prime facets of marketing are made up of research, merchandising, advertising and sales promotion. Refer to page 44/45.
Introduction To Marketing
Chapter 6: Situation Analysis and The Market Strategy Plan Pearls of Wisdom By Jason Tondre and Shawn Hartwig March 19, 2001.
Glacier Insulation, LLC Foam it. Seal it. Forget it.
Marketing-Information Management LAP 9 Explain the importance of market identification. Objectives: Discuss ways that a market can be segmented.
STANDARD 1 OBJECTIVE 1 Students will understand the concept of market & market identification.
Marketing Vocabulary. Market Advertise or promote an item or service.
Avi Chemay presents  The aim of market segmentation is to increase sales, market share and profits  This is done by better understanding and responding.
WHO IS OUR TARGET MARKET? Write a brief description of our SBE’s target market. IMPLEMENTING AUTOMATED RETAIL: PEOPLE.
7-1 Density or Climate City or Metro Size World Region or Country Step 1. Market Segmentation Geographic Segmentation.
Instructor: _______________. Small Businesses CANNOT be all things to all people. Each business MUST reach specific customers and satisfy their particular.
Customer-Driven Marketing
Table of contents Company Overview Evaluation Competitive Analysis
Virtual Business Sports Media Planning. Promotion All activities used to inform & persuade consumers to buy products & services.
ADVERTISING & PROMOTION. UNIT OBJECTIVES  Objectives:  Understand the difference between advertising and promotion  Understand the various components.
Compiled by: Gul Sayyar, ACCA-UK
Marketing. Today…  What is a market?  What is marketing?  Role of Marketing  Marketing Objectives  Marketing Activities.
 First you must determine who they are  Study the market.
Intro to Marketing Mr. Bernstein Target Markets and Market Segmentation September 18, 2014.
8 Identifying Market Segments and Targets
Market Segmentation, Business Cycles, and Simulation.
McGraw-Hill/Irwin Copyright © 2012 McGraw-Hill Companies, Inc., All right reversed 7 Establishing Objectives and Budgeting for the Promotional Program.
Copyright © 2015 Pearson Education, Inc. publishing as Prentice Hall 9-1.
The Marketing Concept Marketing Mix. What is “The Marketing Concept”? Satisfy customers’ needs and wants Make a profit.
IDENTIFYING MARKET SEGMENTS & SELECTING TARGET MARKETS Lecture 8.
ADVERTISING MANAGEMENT Various Models of Advertising Prof Soumitra Mookherjee 1.
(Chapter 9) Identifying Market Segments and Selecting Target Markets A single product can seldom meet the needs and desires of ___________________ Consumers.
CONSUMER PROFILES. STP Process (Market Segmentation, Target Market & Positioning Strategy) 1. Segment the Consumer Market 2. Select a Target Market 3.
MARKETING FUNDAMENTALS COMPETITION. LEARNING GOALS I will be able to explain how marketing (e.g., branding, promotion, packaging, online sales) affects.
Marketing Mix Four P’s Product Placement (Distribution) Price Promotion.
Simoniz® Distributor Program Simoniz® Distributor Program Presented by: Jim Dorsey II National Accounts Manager
Marketing Communications. The Impact of Communication Marketing Communications are not all designed to work in the same way. Some are designed to impact.
Adeyl Khan, Faculty, BBA, NSU Chapter 12. Adeyl Khan, Faculty, BBA, NSU Marketing - set of processes for creating, communicating, and delivering value.
Supplier Image A component of AASA’s mission is to promote and enhance supplier image Marketing Executives Council formed in 2006 with this as the primary.
MARKETING STRATEGY O.C. FERRELL MICHAEL D. HARTLINE 6 Market Segmentation, Target Marketing, and Positioning.
Chapter 8 The Marketing Environment. The Marketing Process  Marketing = the process of developing, promoting, and distributing products, services  The.
MARKETING STRATEGIES IN RETAILING, MARKET RESEARCH, AND SEGMENTATION.
2.02 Discuss the concept of market identification.
Demographic and Psychographic Segmentation
Market Segmentation.  What is target marketing and what has caused sports businesses to increase this marketing tactic?  In what ways do sport.
THE MARKETING MIX. What is the Marketing Mix? The operational part of a marketing plan Set of controllable marketing tools Used to produced desired response.
Be part of our very first neighbourhood supplement! This fall, Auto Trader™ will be distributing 107,000 copies of our Winter Driving Guide in the Ahunstic.
GM Korea successfully increases awareness for its Chevrolet brand in South Korea with Microsoft Advertising South Korea’s second largest automobile manufacturer,
It’s all about satisfying consumer wants & needs. Presented by: The Collaborative for Innovative Social Enterprise Development (CISED) 1.
Journal Make a list of all extended family members (aunts, uncles, cousins, grandparents) and where they live as well as their ages, occupations (if applicable),
UNIT C The Business of Fashion 3.01 Explain the concept of marketing in fashion.
Buying and Merchandising Operations Research Project.
Lesson 2 – Market Segmentation and Marketing Mix.
STP Marketing segmentation Target market Product positioning.
Get the Best Graphic Designers Services By Segnant Make Your Website Your Hardest Working Employee!
HI-TECH CAR RE-MODELING AND DESIGNING BUSINESS MODEL: SURENDER AUTO PARTS & CUSTOM DESIGN.
What is it, why is it important?. Objectives  Understand the importance of marketing to a business.  Understand and detail target market and the components.
Marketing 101 Marketing 101 -What is Marketing? -What is Fashion Merchandising?
A Small-Business Success Story
Market Planning Market Segmentation.
Foreign Automotive
Eagle Challenge Learning Target: Describe market segmentation methods used to identify target market How to protect intellectual property. Standard OE3.
Marketing Mix The 4 P’s and 2 c’s.
5.02 Explain product positioning
Marketing segmentation Target market Product positioning
5.02 Explain product positioning
Marketing.
Target market for Toyota Prius
Presentation transcript:

You have lost a large valuable and loyal customer base with the massive layoff at RIM New target markets need to be identified in order to replace these individuals. Increasing business traffic at other points in the year that are not considered peak season

 - Change the website  - Have stronger promotions in the winter  - Car show in the summer  - Billboards/banners & Newspaper advertisements

Entrance to new markets New contract with companies Hosting an A1 car show Competitors Existing car shows Loss of major contracts Website Existing contracts Multi-layered business Pricing list StrengthsWeaknesses OpportunitiesThreats

 A1 Car cleaning is amongst many of the top auto detailing services offered in the tri- citifies.  Some of the many skills A1 specializes in and has to offer are: hand car washes, various automotive detailing for both interior and exterior of your vehicle.  A1 is dedicated in wanting to provide to their customers the best detailing services around. For consumers of A1 Car Cleaning these services should not just be a task to complete or just another maintenance duty of their vehicle. Proper up keep to their vehicle should be crucial. The tools or product aspect that A1 is offering to their consumer base is the “perfect look”.

 the look is what people see  Its their perception about what they intake  Feelings  Attitudes  The perfect look can bring up feelings of confidence and security.  Makes a person feel good to have a clean, shiny new looking car.  Install thoughts into those whom are just on lookers. A1 has the tools to achieve the “perfect look” not just “the look”. They give you the added value for your buck. Not only will this change the perceptions of on lookers but it will also change how the owner thinks or feels about their automobile.

 Primary Target Market:  Demographic:  Males and Females  Late 20’s – 40’s  Married  University/College Education  Psychographic:  Achievers; Primary motivation: achievement due to their motivation by their desire for achievement where image plays a significant factor and favour established services that demonstrate success  Geographic:  Kitchener/Waterloo Region  Urban  Behavioral factors:  Take pride in their vehicle  Seeking a premium service offering premium results  Expendable income  Sub-groups:  Faculty Members at the University of Waterloo and Wilfrid Laurier  Car Services  Taxi services  Limo services  Used car dealerships  Rental cars  Drivers training services