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Published byAlfonso Flavell Modified over 10 years ago
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MARKETING PLAN 2014
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Marketing TeamMarketing Team Kendall Aragon Marketing Team Leader Sarah Carstens Brand Development Team Leader Dani Pinedo Purchasing Team Leader Khoa Nguyen Accounting Team Leader Jose Acevedo Human Resources Team Leader
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Introduction What is our service? A Valet Service offered to the student body Alleviate parking problem Premium carwash service on demand
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“To improve the convenience of parking on Texas Christian University’s campus by providing a hospitable valet service for commuting students” Mission Statement
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SWOT Analysis: Strengths Convenience Employment opportunities Reliable service Affordability Accessibility Niche market
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SWOT Analysis: Weaknesses Financial resources Consumer waiting times Potential liabilities Students trusting others to drive their cars Training costs Potential technical difficulties
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SWOT Analysis: Opportunities Expansion clientele Patent our service Reduces stress To form relationships with clientele Difficulty for competitors to enter the market
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SWOT Analysis: Threats Student’s not wanting to pay the price The possibility of direct competitors Indirect competitors affecting business Possible opposition from school officials
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Marketing Objectives 1.Cater to at least 5% of the current TCU student population 2.Steadily increase revenue each consecutive year by at least 10% 3.Strive to develop 70% of brand awareness and acceptance by students 4.Help decrease tardiness to classes
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Target Market Geographic Location Texas Christian University Demographic Age: 18-22 Family income Gender Psychographic Lifestyle Attitude
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Positioning Statement “TCU Valet strives to become the most convenient mode of transportation for the TCU student body. With regards to price, the advantage lies in providing a luxury service with an everyday low price”
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Marketing Mix: Product and Place Valet serviceCar washMobile appConvenient location
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Marketing Mix: Price and Promotion Pre-paid semester pass for $2.99 a day/$240 per semester Pay-per-use basis $7 Free carwash to our first 30 customers Outlets around TCU campus TCU’s Annual Local Business Fair Social Media
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Financial Analysis: Sales Forecast and Pro Forma Income Statement
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Financial Analysis: Break-even
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Implementation
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Evaluation and Control Evaluate marketing plan every 3, 6, and 12 months Combination of open ended questions Financial analysis FROG model
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Conclusion Affordable Convenient Reliable Accessible
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