Team F Kyra Friedell, Molly Moon, Keith Nederhoed, Darin Steffl, Esti Zimmerman Cannon Pointe Chiropractic.

Slides:



Advertisements
Similar presentations
Recommendation #1 for Granville Island Brewing
Advertisements

On Target Group Coaching
Assess the Market for Your Business Idea
New Product Innovation National Correctional Industries Association Enterprise 2004 March 23, 2004.
Marketing Strategy and the Marketing Plan
B2E: Marketing Plan Mid-point Meeting
CPAS REVIEW MARKETING CHAPTER 2—THE MARKETING PLAN.
Health Care Marketing H Edu Cultural Traditions  Thanksgiving  Typical family foods  Typical family trips  Dental practices  Cures for colds,
Market Analysis and Strategy MKT 750 Dr. West. Agenda Marketing Analysis & Strategic Planning – Essential Elements (5Cs, STP, 4Ps) – Situation Analysis.
WHAT… Myrket is a B2B online advertising agency focused on e-marketing services; Main Services: e-marketing strategies; website development; search engine.
Chapter 8 The Marketing Plan
New Product and Services Development
Internet Marketing Strategy e-Marketing Strategy Ivan Surjanovic, Copyright 2014 by iPower Lab
CAPILANO UNIVERSITY Online BBA Program. Strategic Focus and Plan  Promote quality online education to meet challenges of our time through professionalism.
Formative Research Strategy Tactics Evaluation Methods.
Marketing Plan: American Eye Center-Greenbelt (AEC) Bernardo, Cruz, de Leon*, Rivera -Agoncillo, Asperas, Cosalan, Tanbonliong-
Marketing Planning Chapter 2 Mrs. Newbegin. The Marketing Plan SWOT Analysis – An assessment that can foster the business’ success and what could make.
360PI Consultants: Marta Maria Godoy Luis Fernando Barillas Jose Andres Mendez Edgar Escriba.
Chapter 2 The Marketing Plan
IDENTIFY AND MEET A MARKET NEED
TOURISM DATA COLLECTION. Data collection Situational analyses – to perform situational analysis should be carried out marketing research to obtain quantitative.
Principles of Marketing Lecture-4. Today’s Topics.
Examining Marketing and Business Advanced Marketing.
Promotions Opportunity Analysis Chapter 4 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall 4-1.
PharmaSim COMPETITIVE STRATEGY
PR and Marketing The University of Edinburgh 31 October 2012.
3.05 Employ Marketing information to develop a Marketing Plan.
ENTR 452 Chapter 8: The Marketing Plan
MARKETING PLAN ELEMENTS OF MARKETING PLAN PROCESS OF MARKETING PLANNING MARKET PLAN REPORT.
Man-Li Lin  Products and services must satisfy customer needs  In a slowing economy, marketing efforts should be more creative.
Marketing Plan. Industry Analysis Industry Analysis Industry Analysis National/local trends National/local trends Competitor Analysis Competitor Analysis.
Malcolm Brown Kendall cook James Iwayemi Tekiah Banks Sam Rhodes Quality experience with quality prices Quality products That provide a quality experience.
The Marketing Plan Chapter #2.
The Marketing Plan. SWOT Analysis Good marketing relies on good plans Planning efforts begin with a critical look at itself and its business environment.
The Marketing Plan Chapter 2. A. SWOT Analysis A company’s planning begins with a critical look at itself and the market in which is operates. Analyze.
© 2011 South-Western | Cengage Learning Global Marketing and Consumer Behavior Marketing Around the World The Marketing Mix and the Marketing.
© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON16-1 GOALS  Describe the nature of markets.  Identify trends that influence global marketing opportunities.
Competitiveness assessment of Alfa Sport shop By Tatyana Chehranova MG-09.
{ Marketing Planning Analyzing the Marketing Environment and Developing a Marketing Strategy and Plan Analyzing the Marketing Environment and Developing.
Marketing Benchmarks for Home- and Community-Based Services 1.
1 of 12 Defining the Organization’s Business, Mission, and Goals Business Definition (Who are we?)  scope of the organization’s operations  customers.
Marketing 333 Introduction to Marketing Chapter 18 Developing Innovative Marketing Plans.
Chapter 2: Analyzing the Current Situation The Marketing Plan Handbook Fourth Edition Marian Burk Wood 2-1.
Situation Analysis SWOT Analysis Segmentation & Target Marketing Positioning Elizabeth Taylor Quilliam October 22, 2007.
 The goal of a market analysis is to determine the attractiveness of a market and to understand its evolving opportunities and threats as they related.
2.1 Marketing Planning MARKETING MR. PAVONE. SWOT Analysis.
Elements of a Marketing Plan situational analysis including SWOT and product life cycle establishing market objectives identifying target market developing.
Starbucks Coffee Creamer Marketing Plan
THE WORLD OF MARKETING.  Learn how to conduct a SWOT analysis.  List the three key areas of an internal company analysis.  Identify the factors in.
WEIGHT WATCHERS INTERNATIONAL INC. SARAH SANTHOUSE KAITLYN SZILAGYI AMIT PATEL SHELBY TIMMONS MAR DR. GOPALAKRISHNA
Marketing 303 Chapter 2 Strategic and Marketing Planning.
Principles of Marketing Lecture-9. Summary of Lecture-8.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
Lecture-8 MGT301 Principles of Marketing. Summary of Lecture-7.
ENTREPRENEURSHIP SABIR MALIK LECTURE 07. The Marketing Plan.
MGT301 Principles of Marketing Lecture-9. Summary of Lecture-8.
Principles of Marketing Lecture-8. Summary of Lecture-7.
Marketing Foundations What is Marketing? What is the goal of Marketing?
Chapter 2: The Dynamic Marketing Environment
e-Marketing Strategy Internet Marketing Strategy
3.05 Employ Marketing information to develop a Marketing Plan
Connecting with Customers: The Art and Science of Marketing
Chapter 2 the marketing plan Section 2.1 Marketing Planning
With fitbit you can transform your life by taking just one step forward Presented By: Sepideh Sanie.
11BST 1.4 Marketing.
Marketing Concept Identify your customers Knowing your customer
Chapter 8 The Marketing Plan
Basic Marketing Concepts
3.05 Employ Marketing information to develop a Marketing Plan
Marketing Case Study Analysis Methodology
Presentation transcript:

Team F Kyra Friedell, Molly Moon, Keith Nederhoed, Darin Steffl, Esti Zimmerman Cannon Pointe Chiropractic

Cannon Pointe, Current Marketing Plan Current Situation

Current Marketing Plan Preopening survey Promotional gift baskets Fliers Healthy cooking classes Press release in The Northfield News Word-of-mouth and personal referrals

Competition Northfield Chiropractic Cram Chiropractic Corbett Chiropractic Petes Chiropractic Nobel Chiropractic Sigstad Chiropractic Center

Cultural, Demographic, Social, Technology, Economic, Political Macro Environment Analysis

Macro Environment Cultural Health and Wellness Demographic Median Income Families Prominent Ethnic Group Social Yoga Mom

Macro Environment contd Technological Internet Access & Use Economic Payment Methods Political/Regulatory Health Care Reform: Harkin Amendment

SWOT Analysis Strengths Specialties Focus on families Location Weaknesses Unknown/emerging brand name Specialty unknown No established client base Opportunities Social trends: Yoga Moms Local population familiar with traditional chiropractic care Competitors have limited online presence Threats Misinformed public Four well-established clinics in Northfield (10+ yrs experience) Some consumers prefer other forms of treatment

Segmenting, Targeting, Positioning Marketing Strategy

Segmentation: Mass Marketing years old Annual household income $40K+ Mothers 24+ Children with ADHD and autism Those suffering from lower back or neck pain

Target Market Moms 24+ (late 30s, 40s, and 50s) Annual household income around $50K Interest in personal health and their familys health

Positioning Salient Attributes Functional Neurology Acupuncture Increases the importance of informational approach

Product, Price, Place, Promotion Marketing Mix

Product Traditional Chiropractic Care Functional Neurology Acupuncture Dr. Conway as a product American Chiropractic Association In-Clinic without drugs or surgery Cost-effective alternative

Price Cannon Pointe $45 per adjustment $100/First time fee Waive this during first 6 months Northfield Average $50 per adjustment Two clinics have first time fees National Average $65 per adjustment

Place Cannon Pointe Location

Promotion: Basic Strategy Community: Building a Business Reputation Educate the public Community Involvement Internet: Ease of Accessibility Optimization In-Office: Generating Referrals Print Materials Acknowledgement

Promotion: Expanded Strategy Ambient Advertising: Place-Based to Widen Target Placement adds meaning to message Direct Marketing: Retaining Clients Informational Personal

Implementation, Contingency Plan, Measuring Success The Plan in Action

Implementation Plan Initial Promotions (Prior to opening) Health Screenings Web Presence and Optimization Community Reputation: Chamber of Commerce Secondary Promotions (Coincide with opening) In-Office Materials Lecture Series Tertiary Promotions (As possible) Ambient Advertising Acknowledge Client Base Monitor and Track Successes (Throughout)

Contingency Plan Penetrate surrounding area Dennison, Dundas, Randolph Leverage community resources

Measuring Success Product Success Revenue Price Success Monitor Price Sensitivity, Discount Packages Place Success Clinic Front Sign Promotion Success Online, Community Reputation, and Referrals

In Conclusion evaluate identify understand define educate retain and reach, how to environment potential client base what they do NOT

Questions? Thank You