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TEAM SMILES
MARKETING
PLAN
Who Is Team
Smiles?
Dedicated group of
number one
students!
2
SUFFOLK
BOOKSTORE
4
Marketing Plan
▹ The Business Mission
▹ We want to create a backpack for college
students that is affordable and durable. Even
though the back pack is primarily for college
students we also want to open up to commuters
and also students that aren’t in college as well.
SWOT ANALYSIS
5
Strengths
Location
Customer Loyalty
Quality of customer service
Weaknesses
Lack of product variety
Higher prices compared to
competitors
Opportunities
Create a more diverse
product line
Become more visible online
+ on campus
Social Media
Expand Market Segment
Threats
Students are the primary
source of income
High competition
Lack of exposure online +
on campus
Identify Opportunities
1.Segmentation- Our market
segment is primarily for
college students within
the Suffolk
University community. To
reach our target market
we must offer a
store where students
are interested in
going In to.
2.Having a social
media account where
they have free
giveaways and raffles to
the Suffolk
students. Acknowledgin
g the students
with promotions that
are occurring at
the moment for big
events (Finals week,
Midterm week,
Orientation, Tours, etc.)
3.Most companies only aim
to milk students of
their funds; however, we
know the importance
of excellent service and
exceptionable products to
give a better
experience towards
the Suffolk community
and students.
6
7
Implement Marketing Mix
and Allocate Resources
▹ Product- Backpacks, Clothing, Utensils, Books,
etc.
▹ Price- Backpack prices ranges from $11 to $90
▹ Place- Suffolk Bookstore
▹ Promotion- Any promotion can be ran by the
bookstore (Ex. If you buy a backpack from us
you’ll get a free water bottle)
SUSTAINABLE COMPETITIVE
ADVANTAGE
8
Customer
Value
Customer
Excellence
Operational
Excellence
Product
Excellence
Locational
Excellence
Customer
Excellence
9
One thing that the bookstore excels in is
its Customer Excellence. The bookstore
has very good customer service and
maintains loyal customers.
There is a very loyal base of customers,
mainly Suffolk students and Suffolk
parents. Also, when entering the store
there is always a worker trying to assist
you and offering their help.
10
Geographic Demographic
Psychographic Behavioral
UNIVERSITY STUDENTS
Greater Boston Area
URBAN COMMUTERS
Greater Boston Area
UNIVERSITY STUDENTS
Interests- music, pop culture,
fashion/style, politics
Lifestyle- student, fast paced
URBAN COMMUTERS
Interests-common with
university students
Lifestyle- range from student
to career oriented overall
more sophisticated
UNIVERSITY
STUDENTS
Ages- 18-25
Female + Male
URBAN COMMUTERS
Ages- 18-35
Female + Male
UNIVERSITY STUDENTS
Buying behavior- annually
Affinity for brand loyalty
URBAN COMMUTERS
Buying behavior- annually/
biannually
11
Positioning & Service
Experience
▹ Market Size: 7,000 – 11,000 possible students
▹ University Students
▹ College students prefer convenience and cheaper prices
▹ Position: offering the best value to university students at a
better price point than retailers, while not decreasing service
or product quality
▹ -Reliability: Having constant great service and great quality
▹ -Responsiveness: Replying to customer issues and concerns
▹ -Assurance: Offering a warranty and return policy, trusting our
brand name
▹ -Empathy: Offering repair services during a warranty period or
replacement program
▹ -Tangibles: Having an interactive app, possible 3D tour in app
experience
12
MEETING CUSTOMER WANTS
& NEEDS
Self Actualization
Self Esteem
Social
Security
Physiological
13
PRODUCT WIDTH + DEPTH
• North Face
• JansportWidth
• 2 Styles
• 5 StylesDepth
COMPANY
OBJECTIVES
& PRICING
14
Competition
Costs
Company
objectives
Customers
Channel
members Value
15
Company Objective Example of Pricing
Strategy Implications
Profit-Oriented Target price focus and maximum profit,
quality of backpack may not be the focus
if the most profit is generated
Sales-Oriented Making sales the focus to create profit, a
price increase might occur to attract
customers who do not care about price
(luxury)
Competitor-Oriented Comparing yourself based on competition,
making price points like competitors might
decrease profit to survive in a market
Customer-Oriented Creating the most value, possibly
a decrease in profit to give the customer
the most in a backpack for the best price
16
DISTRIBUTION STRATEGIES
 Direct Distribution
 Suffolk Bookstore/Campus
 Sell online
 Pop up shops
 School events
 Sporting events
17
DISTRIBUTION STRATEGIES
Selective
✩
Exclusive
Intensive
18
Selective
▹ We should be selective when it comes to picking
a place to distribute the Suffolk bookstore gear
because it will give students an idea to when we
open up spots and also go to the students not
the students having to come with us.
19
PROMOTIONAL STRATEGIES
PROMOTIONAL STRATEGIES
20
Personal
selling + Sales
Promotion +
Direct
Marketing
Direct
Marketing +
Online
Marketing
Advertising +
Sales
Promotion +
Public
Relations
Direct
Marketing
Interactive
Online
Passive
Offline
MEDIA
MEDIA 22
We believe that the Suffolk Bookstore
should in fact expand it’s online
presence through the use of social
media!
o Establish Instagram and Facebook run by a
current staff member or hire a student social
media intern
o Select role models within the Suffolk community
to act as student ambassadors to promote
Suffolk branded merchandise
23
Measurement of
Marketing Success (KPIs)
 Gross profit should be increased by next year
 Overall revenue should be greater within the next two years
 The brand image will be more familiar and customer service will
continue to be satisfactory
 Market share rank should increase within the next two years
CONTROLS (Key Success
Factors)
1.Pay attention to
what the
competitors are
doing & focus on
attaining a
competitive
advantage
2.Focus on
customers wants
& needs to
maximize product
value
3.Keep track of cost
versus profits &
only invest in
what is important
to the targeted
customers in
regards to
advertisements or
developmental
campaigns
24
THANK YOU!
Any questions?
You can reach us at:
abarboza@su.suffolk.edu
Adeane@su.suffolk.edu
Dvera@su.suffolk.edu
25

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marketing final presentation

  • 2. Who Is Team Smiles? Dedicated group of number one students! 2
  • 4. 4 Marketing Plan ▹ The Business Mission ▹ We want to create a backpack for college students that is affordable and durable. Even though the back pack is primarily for college students we also want to open up to commuters and also students that aren’t in college as well.
  • 5. SWOT ANALYSIS 5 Strengths Location Customer Loyalty Quality of customer service Weaknesses Lack of product variety Higher prices compared to competitors Opportunities Create a more diverse product line Become more visible online + on campus Social Media Expand Market Segment Threats Students are the primary source of income High competition Lack of exposure online + on campus
  • 6. Identify Opportunities 1.Segmentation- Our market segment is primarily for college students within the Suffolk University community. To reach our target market we must offer a store where students are interested in going In to. 2.Having a social media account where they have free giveaways and raffles to the Suffolk students. Acknowledgin g the students with promotions that are occurring at the moment for big events (Finals week, Midterm week, Orientation, Tours, etc.) 3.Most companies only aim to milk students of their funds; however, we know the importance of excellent service and exceptionable products to give a better experience towards the Suffolk community and students. 6
  • 7. 7 Implement Marketing Mix and Allocate Resources ▹ Product- Backpacks, Clothing, Utensils, Books, etc. ▹ Price- Backpack prices ranges from $11 to $90 ▹ Place- Suffolk Bookstore ▹ Promotion- Any promotion can be ran by the bookstore (Ex. If you buy a backpack from us you’ll get a free water bottle)
  • 9. Customer Excellence 9 One thing that the bookstore excels in is its Customer Excellence. The bookstore has very good customer service and maintains loyal customers. There is a very loyal base of customers, mainly Suffolk students and Suffolk parents. Also, when entering the store there is always a worker trying to assist you and offering their help.
  • 10. 10 Geographic Demographic Psychographic Behavioral UNIVERSITY STUDENTS Greater Boston Area URBAN COMMUTERS Greater Boston Area UNIVERSITY STUDENTS Interests- music, pop culture, fashion/style, politics Lifestyle- student, fast paced URBAN COMMUTERS Interests-common with university students Lifestyle- range from student to career oriented overall more sophisticated UNIVERSITY STUDENTS Ages- 18-25 Female + Male URBAN COMMUTERS Ages- 18-35 Female + Male UNIVERSITY STUDENTS Buying behavior- annually Affinity for brand loyalty URBAN COMMUTERS Buying behavior- annually/ biannually
  • 11. 11 Positioning & Service Experience ▹ Market Size: 7,000 – 11,000 possible students ▹ University Students ▹ College students prefer convenience and cheaper prices ▹ Position: offering the best value to university students at a better price point than retailers, while not decreasing service or product quality ▹ -Reliability: Having constant great service and great quality ▹ -Responsiveness: Replying to customer issues and concerns ▹ -Assurance: Offering a warranty and return policy, trusting our brand name ▹ -Empathy: Offering repair services during a warranty period or replacement program ▹ -Tangibles: Having an interactive app, possible 3D tour in app experience
  • 12. 12 MEETING CUSTOMER WANTS & NEEDS Self Actualization Self Esteem Social Security Physiological
  • 13. 13 PRODUCT WIDTH + DEPTH • North Face • JansportWidth • 2 Styles • 5 StylesDepth
  • 15. 15 Company Objective Example of Pricing Strategy Implications Profit-Oriented Target price focus and maximum profit, quality of backpack may not be the focus if the most profit is generated Sales-Oriented Making sales the focus to create profit, a price increase might occur to attract customers who do not care about price (luxury) Competitor-Oriented Comparing yourself based on competition, making price points like competitors might decrease profit to survive in a market Customer-Oriented Creating the most value, possibly a decrease in profit to give the customer the most in a backpack for the best price
  • 16. 16 DISTRIBUTION STRATEGIES  Direct Distribution  Suffolk Bookstore/Campus  Sell online  Pop up shops  School events  Sporting events
  • 18. 18 Selective ▹ We should be selective when it comes to picking a place to distribute the Suffolk bookstore gear because it will give students an idea to when we open up spots and also go to the students not the students having to come with us.
  • 20. PROMOTIONAL STRATEGIES 20 Personal selling + Sales Promotion + Direct Marketing Direct Marketing + Online Marketing Advertising + Sales Promotion + Public Relations Direct Marketing Interactive Online Passive Offline
  • 21. MEDIA
  • 22. MEDIA 22 We believe that the Suffolk Bookstore should in fact expand it’s online presence through the use of social media! o Establish Instagram and Facebook run by a current staff member or hire a student social media intern o Select role models within the Suffolk community to act as student ambassadors to promote Suffolk branded merchandise
  • 23. 23 Measurement of Marketing Success (KPIs)  Gross profit should be increased by next year  Overall revenue should be greater within the next two years  The brand image will be more familiar and customer service will continue to be satisfactory  Market share rank should increase within the next two years
  • 24. CONTROLS (Key Success Factors) 1.Pay attention to what the competitors are doing & focus on attaining a competitive advantage 2.Focus on customers wants & needs to maximize product value 3.Keep track of cost versus profits & only invest in what is important to the targeted customers in regards to advertisements or developmental campaigns 24
  • 25. THANK YOU! Any questions? You can reach us at: abarboza@su.suffolk.edu Adeane@su.suffolk.edu Dvera@su.suffolk.edu 25