2. › Overview
› SWOT
› Problem Statements
› Organizational Objectives
› Alternatives
› Implementation Plan
› Budget
Agenda
3. Who Are The Party Rental Company?
› Founded in 2006 by Don and
Lisa Malek
› Located in Windsor, Ontario
› Business runs mostly on a
referral system
› Currently has a 1,500 customer
database
4. Strengths
• New warehouse in Windsor area
• Sales have steadily increased over time
• Diverse management team
• Strong online presence
• Loyal customer base
• Lower prices then the competitors
Weaknesses
• Poor time management
• Seasonal business
• Only one location in Windsor
Opportunities
• Holiday items (Fireworks, Easter, Christmas)
• Apple app store $20 Billion sales, develop a
app for there company
Threats
• Low disposable income in the next couple
years
• Party city moving into Windsor
• Growing consumer use of Ad blocking
programs make their online Ads less
effective
SWOT ANALYSIS
6. Objective One:
To increase 2016 sales by $50,000 from
January 1st 2017 to December 31st 2017
Objective Two:
To increase customer base by 500 from
January 1st 2017 to December 31st 2017
Organizational Objectives
7. OBJECTIVES: WEIGHT ALT A: Introduce
Holiday
decorations packs
(Christmas, New
Years Eve)
ALT B: Catering for
parties, cakes, food
and drinks
ALT C: Introduce
Mascots to perform
at parties
OBJ 1: To increase 2016 sales
by $50,000 from January 1st
2017 to December 31st 2017
3 5*3 = 15 5*3 = 15 1*3 = 3
OBJ 2: To increase customer
base by 500 from January 1st
2017 to December 31st 2017
2 5*2 = 10 5*2 = 10 1*2 = 2
TOTAL RATING 25 25 5
8. Alternatives Pros Cons
Alternative A
Introduce Holiday decorations packs
(Christmas, New Years Eve)
• Increase seasonal sales
• Increases product variety
• More space required in warehouse
• Strict laws regrading storage and
sales of fireworks
Alternative B
Cratering for parties, cakes, food and
drinks
• New market, can operate on it’s
own
• Brings awareness to other
products
• Potential allergies, risk of lawsuits
• Food going to waste, rodents
Alternative C
Introduce Mascots to perform at
parties
• Kid’s love them (may be a good
influencer)
• More employees on hand, can do
more tasks
• Mascots may not be friendly to
kids
• Targets only an younger
demographic
9. Introduce Holiday decorations packs
(Christmas, New Years Eve)
› Scored 25 on the evaluation matrix
› Adds sales during slower months with holiday’s
in them
› Brings in new customers, some don’t celebrate
birthdays but do celebrate holidays
Chosen Alternative
10. › Kids aged 0-13
› Urban/Suburban families
› $60,000 to $80,000 household
income
Target Market
11. Marketing Mix
Product
• Fireworks
• Holiday props
• Costumes
Place
• Only one location in Windsor Ontario
• One warehouse
Price
• $250 - $500 for holiday pack parties (Easter,
new year eve)
• $50 for additional products
Promotion
• Social Media (Facebook, Twitter, Instagram,
YouTube)
• Pre-order (month before, discount)
• Sponsor a local school prom
• Flyers
• Warehouse party (events for youth, other
holidays)
16. › Review: Bad Grandpa. (2013, October 24). Retrieved April
07, 2016, from http://www.joblo.com/movie-news/review-
bad-grandpa
› The Party Rental Company. (n.d.). Retrieved April 07, 2016,
from http://www.thepartyrentalcompany.com/
References