Unit 18: The Business of Diving The diving industry Marketing Prospecting and recruiting Customer/student follow-up Fundamentals of retailing Budgeting, organizing, and scheduling classes Sample budget Teaching continuing education and leadership

Student Performance: By the end of the lesson you will be able to: Describe the diving industry and its stakeholder groups. Tell how to apply fundamental marketing principles to your diving business. Tell how to write and what common elements should be included in a marketing plan. List the fundamental tasks necessary to implement and maintain a successful marketing program. Explain how to develop and implement student prospecting, recruiting, and follow-up programs. Explain the fundamental principles of retailing diving products and services. Budget, organize, and schedule diving courses and list the advantages of teaching continuing education and leadership training courses.

The diving industry Starting a business vs. working in the business DEMA Business sectors

Marketing What is it? Getting started Common Elements of Marketing Plans –Executive Summary –Situation and Market Analysis –Competitor Analysis –Customers/Users –Marketing Strategies –Sales Forecasts and Plans –Expense Budget

Marketing (continued) 1.Make a marketing plan 2.Study and understand your customers 3.Advertise benefits–not features 4.When writing ad copy, omit unnecessary words 5.Study your competition repeatedly 6.Survey your customers and then survey them again 7.Write articles about newsworthy stories 8.Monitor your sales for trends 9.Make your marketing plan known 10.Review your plan on a regular basis Taking action Ten Fundamental and Traditional Rules of Marketing

Prospecting and Recruiting A typical system Where is prospect information gathered? Classifying the data Systematic follow up Measure results

Customer/Student Follow-up Keeping customers Follow-up mailings Effective customer follow-up Benefits of marketing

Fundamentals of Retailing Critical stakeholder group A retail sale begins Observe new customers Students’ buying patterns Diving leaders exert influence

Fundamentals of Retailing (continued) Selling is an educational process Determining and overcoming objections Closing a sale Developing selling ability

Budgeting, organizing, and scheduling classes Factors affecting –certification level –number of sessions –students –assistants –physical facilities –travel time –budget. NAUI Standards and Policies

Sample budget

Sample budget (continued)

Teaching Continuing Education and Leadership The target market Regular counseling Concurrent Training Model Worldwide network of service centers

End of Unit 18 The Business of Diving The diving industry Marketing Prospecting and recruiting Customer/student follow-up Fundamentals of retailing Budgeting, organizing, and scheduling classes Sample budget Teaching continuing education and leadership

Student Performance: By the end of the lesson you will be able to: Describe the diving industry and its stakeholder groups. Tell how to apply fundamental marketing principles to your diving business. Tell how to write and what common elements should be included in a marketing plan. List the fundamental tasks necessary to implement and maintain a successful marketing program. Explain how to develop and implement student prospecting, recruiting, and follow-up programs. Explain the fundamental principles of retailing diving products and services. Budget, organize, and schedule diving courses and list the advantages of teaching continuing education and leadership training courses.