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Published byWilliam Harrison Modified over 9 years ago
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Marketing Plan —Books Bar Michelle Peggy Shirly Grace
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Executive Summary Description is a business of providing service and place for people to enjoy their spare life in reading &working.
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Executive Summary Spacious and quiet reading area provided, discussing rooms and studios rented. Office-appliances, rare books, magazines &newspapers served Business service (fax, copy, print, IDD, tickets, booking service…) Dessert & drink service 24-hrs-opened
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Mission Statement An environment we serve comfort the process of reading &working to make customers bring their inspiration or efficiency into full play.
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Situation analysis Market analysis Market segmentation
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Target market We will be targeting customers by: Target specific lines—White-collar class in Macao high-income level, enjoy relaxing life, think highly of quality of work and environment, celibacy, need a place to comfort reading&working affairs.
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Problems & Opportunity People are in need of a comfortable place to enjoying reading or working in their spare time, as modern life is developing toward high quality. There is a lack of book bar offered in Macao market. In Beijing,Shanghai,Hong Kong and Singapore, book bar is well-received by educated people.
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Problems & Opportunity Comparison *book bar vs. office more comfortable and relaxed environment, dessert&drink service, reading materials *book bar vs. coffee house quieter,working place offered, business service, 24-hrs-opened,rare books offered *book bar vs. net bar reading materials provided, working place, business service offered, food served.
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Opportunity *book bar vs. home quieter, more spacious place, business service offered, reading materials, food convenience, gathering of elites. *book bar vs. library business service, food&drink service, 24-hrs- opened, more relaxing&comfortable environment
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Competitive Environment Major competitors – Cafés in MACAU Example: TOP TAIPEI STARBUCKS
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Competitive Environment TOP TAIPEI Noisy, crowded, Food service only Dark lights Not fit for reading Time limited STARBUCKS Dark lights Not quiet enough Narrow space Limited service Served time limits
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Competitive Environment Our advantages-----distinctive Rare books, magazines and newspapers offered Peaceful, quiet and comfortable environment designed for needs Business service for convenience 24-hrs-opened
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Market Objectives Introduce book bar concept to Macau people Retain a 85% of customers with long-term reactions. Achieve a 10% return on investment at first 3 month. spend 13% of service revenue between 2003 and 2004 on development of service supplies and decoration.
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Marketing Strategy Product Features Benefits
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Features Theme bar (books)— larger than 50m 2 Quiet, literary environment 24 hours service Comfortable, personnel spaces Considerable services
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Benefits Find a relaxing, quiet place for reading or working in a commercial center Enjoy the literary atmosphere Absorb the knowledge or get information
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Price Comparison with competitors— relatively higher price for high level customers Member Card—month card, year card, normal customers, VIP customers etc. Discount—VIP discount, quantity discount, holiday discount etc.
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Promotion Local newspaper & magazines 20% discount for opening month & holiday discount Free member card for fist-time application Discount for VIP or year card customers Activities or lectures organized for intercourse Display sign & Logo E-mail
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Place – 皇朝 Locates in new,lofty district, near commercial buildings center Convenient traffic Relatively easier for parking Land cost isn’t expensive comparatively Peaceful, not much noise
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