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Published byRodger Wiggins Modified over 9 years ago
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Marketing Plan Created by: Nichols College Marketing Seminar 2015
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Overview Recap – Situation Analysis Target Audience Profile Positioning Statement Marketing Plan Goals Tactics Implementation Plan
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Situation Analysis Key Takeaways Market Competition Company
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Target Audience Profile: Professional Working Women
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More stressed at home vs. work (Penn State University) Control 80% of household spending Lifestyle Juggle work and family Early mornings/Late nights Brief time for themselves at night Convenience shoppers
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Survey
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Survey Results 5 People in Target profile of working women 2 responses Strong scent Words to describe Soothing Interesting Lulling 1 out of 2 would recommend
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Positioning Statement
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A positioning statement is a concise description of your target market as well as a compelling picture of how you want that market to perceive your brand NOT A SLOGAN Every decision you make regarding your brand must align with and support your positioning statement.
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BathRx Positioning Statement Bath Rx is an independent company that focuses on providing products that promote stress relief and good health for the everyday working woman. Unlike traditional bath products, Bath Rx is formulated by bath and water therapy expert Dr. Carolyn Bessette, M.D., who combines all natural ingredients in her bath soak and is committed to educating women on the therapeutic benefits of bathing.
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Bath Rx Marketing Plan
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Marketing Plan Includes: Goals Tactics Implementation Strategies: Blogging Influencers Subscription Service Communications Intern
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Overall Goals Increase sales of the Bath Rx product from the website Encourage multiple purchases Increase brand awareness Shared/recommended on 3 blogger sites Create more targeted communications towards working women Increase usage of social media and blogging
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Tactics Engage in Blogging Increase product sales/awareness Finding influencers Increase product sales/awareness Social Media/Online Presence Targeted communications Hiring an Intern Assist in implementation
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Blogging
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Put your business contact information where readers can easily find it. Position your content from the reader’s point of view, NOT from yours. Create a posting schedule. Create value for your readers. User engagement. Use Friends/Family/Students Vlogging
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Finding Influencers
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Influencers Influencers are how Bath Rx will be able to create brand awareness from the target market. They are product and brand advocates that have a large reach of followers. Newagemama.blogspot.com Over 4000 followers Product reviews Bizzieliving.com Make mothers lives easier Homemade products from women Product reviews/Giveaways
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Subscription Service
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Leverage the packaging for a single bath Subscriptions Promotes long term purchases Subscription Tab Survey
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Communications/Online Presence
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Communications Geographic Awareness Online Presence Website Amazon Twitter, Facebook, and Pinterest
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Hiring an Intern
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Intern New Energy Technologically Savvy Assist with implementation Hire through Nichols
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Measurement of Success 30 new customers over next 6 months Customer reviews User engagement on blogs/social media Comments 60 followers over next 3 months
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Questions?
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