6. OUR CONSUMER
Gender: All Genders
Age: Millennials
Income: $56,069
Psychographics: frequently works out, good at
saving money, listens to pop music, strong
family values, and extroverted
6
7. MARKETING PLAN
Traditional, Direct, and Guerilla Marketing
Traditional marketing: Digital Billboards and
Podcast Ads
Direct marketing: Emails and Promotional
Postcards
Guerilla marketing: Social Media and Flash Mob
11. BUDGET
$600,000 for Traditional Marketing
$80,000 for Podcasts ads
$4,000 for Emails and Postcards
$200,000 for In
f
luencers
$35,000 for Flash Mob
11
13. PROJECTED PROFIT
Year One net pro
f
it projection of $4
million
Year Two net pro
f
it projection of $5.8
million
Year Three net pro
f
it projection of $7.4
million
13
0
2,000,000
4,000,000
6,000,000
8,000,000
Year 1 Year 2 Year 3
14. TIMELINE
January 2023 - Contract Discussions Commence
March 2023 - Contracts Executed
June 2023 - Marketing Begins
September 2023 - Partnership Launch
14
18. REFERENCES:
Apple. (n.d.). Apple at work homepage. Retrieved from https://www.apple.com/business/
Apple. (n.d.). Apple Fitness+ homepage. Retrieved from https://www.apple.com/apple-fitness-plus/?cid=wwa-us-kwgo-fitness-slid-
Apple. (n.d.). Shop Apple Watch. Retrieved from https://www.apple.com/shop/buy-watch
Apple Newsroom. (2022, September 13). Apple Fitness+ available to all iPhone users in 21 countries later this fall. Retrieved from https://www.apple.com/newsroom/2022/09/apple-fitness-
plus-available-to-all-iphone-users-in-21-countries-later-this-fall/
Bhanawat, A. (2020, September 29). The most popular genres and artists to listen to while working out. The Music Essentials. Retrieved from https://themusicessentials.com/editorials/the-
most-popular-genres-and-artists-to-listen-to-while-working-out/
Blackwell, E. (2017, August 4). The unlikely link between fitness and politics. Election World. Retrieved from https://www.electionworld.org/the-unlikely-link-between-fitness-and-politics
Bondarenko, P. (n.d.). Samsung. Britannica. Retrieved from https://www.britannica.com/topic/Samsung-Electronics/Samsung-as-a-global-company
Campaign Creators. (2018 August 9). Ironing out your strategy [Photograph]. Retrieved from https://unsplash.com/photos/yktK2qaiVHI
Clymo, R. (2021, January 18). Apple Fitness Plus vs Nike training club: Choose the best workout service for you. TechRadar. Retrieved from https://www.techradar.com/news/apple-fitness-
plus-vs-nike-training-club
Companies Market Cap. (n.d.). Revenue from Samsung. Retrieved from https://companiesmarketcap.com/samsung/revenue/#:~:text=Revenue%20in%202022%20(TTM)
%3A,that%20were%20of%20%24203.43%20B.
Curry, D. (2022, July 14). Fitbit revenue and usage statistics. Business of Apps. Retrieved from https://www.businessofapps.com/data/fitbit-statistics/
David, J. (2022, July 15). Pestel analysis of the fitness (gym) industry. howandwhat. Retrieved from https://howandwhat.net/pestel-analysis-fitness-gym-industry/
Deal, D. (2022, June 7). Why the iPhone is getting the Apple Fitness App. Medium. Retrieved from https://davidjdeal.medium.com/why-the-iphone-is-getting-the-apple-fitness-
app-655523d353bf
18
19. REFERENCES:
Fitbit. (n.d.) Fitbit product homepage. Retrieved from https://www.fitbit.com/global/us/products/trackers
Gao, M. (2020, December 8). Peloton shares briefly fall as Apple announces cheaper rival fitness service launches Dec. 14. CNBC. Retrieved from https://www.cnbc.com/2020/12/08/apple-
announces-fitness-service-launches-dec-14-peloton-shares-fall.html
Gough, C. (2022, July 27). U.S. fitness center / health club memberships 2000-2019. Statista. Retrieved from https://www.statista.com/statistics/236123/us-fitness-center--health-club-
memberships/
Greenwich, CT, Fitness Club. Equinox. (n.d.). Retrieved September 22, 2022, from https://www.equinox.com/clubs/connecticut/greenwich-ct
Guinness, H. (2021, January 7). Can you use Apple Fitness+ without an Apple Watch? How to Geek. Retrieved from https://www.howtogeek.com/707722/can-you-use-apple-fitness-without-
an-apple-watch/
Iyer, Kavita. (2022 July 20). Gavel and Apple logo [Photograph]. Tech Worm. Retrieved from https://www.techworm.net/2022/07/apple-pay-settlement-faulty-butterfly-keyboards.html
Kufahl, P. (2021, May 24). Equinox sees membership growth, increased usage after mask mandate lifted. Club Industry. Retrieved from https://www.clubindustry.com/commercial-clubs/
equinox-sees-membership-growth-increased-usage-after-mask-mandate-lifted
Laricchia, F. (2022, July 27). Apple's net income 2005-2021. Statista. Retrieved from https://www.statista.com/statistics/267728/apples-net-income-since-2005/
Laricchia, F. (2022, August 24). Fitbit Inc. revenue from 2010 to 2021. Statista. Retrieved from https://www.statista.com/statistics/472518/fitbit-revenue/
Lerman, R. (2021, January 25). Home workouts are getting expensive, as apps embrace pricey subscriptions. The Washington Post. Retrieved from https://www.washingtonpost.com/road-
to-recovery/2021/01/22/fitness-tech-subscriptions/
Li, J. (2022, August 1). Apple continues to break revenue records in Q3 2022. HYPEBEAST. Retrieved from https://hypebeast.com/2022/8/apple-q3-2022-financial-report-revenue-records-
wearables-mac-report
Macrotrends. (n.d.). Apple Revenue 2010-2022. Retrieved from https://www.macrotrends.net/stocks/charts/AAPL/apple/
revenue#:~:text=Apple%20revenue%20for%20the%20twelve,a%205.51%25%20increase%20from%202019.
19
20. REFERENCES:
McCormick, K. (2022, August 29). Social media advertising 101 (+examples, costs, tips & types). WordStream. Retrieved from https://www.wordstream.com/blog/ws/2022/07/18/social-
media-advertising
Mehl, B. (2020, August 28). The equinox business model: Demographics, membership, revenue. Kisi. Retrieved from https://www.getkisi.com/blog/equinox-business-model
Mob, C. (2021, December 10). How much does a flash mob cost? Club mob - Bespoke surprises, dancing waiters, singing waiters, flash mobs. Retrieved from https://whoisclubmob.co.uk/
flash-mob-blog/2017/3/3/how-much-does-a-flash-mob-cost
Molenaar, K. (2022, May 3). A full guide to podcast sponsorship and ad rates. Influencer Marketing Hub. Retrieved from https://influencermarketinghub.com/podcast-sponsorship-ad-rates/
#:~:text=The%20pricing%20of%20podcast%20ads,be%20as%20much%20as%20%2440.
Monitor, C. (2022, February 8). Email marketing pricing: How much should agencies charge? Campaign Monitor. Retrieved from https://www.campaignmonitor.com/blog/email-marketing/
agency-pricing
Moscaritolo, A. (2022, August 10). Samsung Galaxy Watch 5 vs. Apple Watch Series 7: Smartwatch smackdown. PC Mag. Retrieved from https://www.pcmag.com/news/samsung-galaxy-
watch-5-vs-apple-watch-series-7-smartwatch-smackdown#:~:text=On%20the%20design%20side%2C%20the,is%20arguably%20more%20aesthetically%20pleasing.
Muniz, J. (2020 December 12). Women outside gathered [Photograph]. Retrieved from https://unsplash.com/photos/0QuIgOjLLXc
Parker, M. (2020, December 8). Apple Fitness Plus: All You Need To Know about the fitness app. Trusted Reviews. Retrieved September 22, 2022, from https://www.trustedreviews.com/
news/what-is-apple-fitness-plus-4099009
Peterson, M. (2022, June 14). Apple Fitness+ could grow to $3.6B in revenue by 2025, analyst says. Apple Insider. Retrieved from https://appleinsider.com/articles/22/06/14/apple-fitness-
could-grow-to-36b-in-revenue-by-2025-analyst-says
New York Times. (2020, September 15). Apple targets the fitness market. Retrieved from https://www.nytimes.com/live/2020/09/15/business/stock-market-today-coronavirus
Rogers, T. (2022, September 13). Now's the time to buy an Apple Watch Series 7 - just as the new one comes out you'll save a bunch at Amazon. iMore. Retrieved from https://
www.imore.com/health-fitness/apple-watch/nows-the-time-to-buy-an-apple-watch-series-7-just-as-the-new-one-comes-out-youll-save-a-bunch-at-amazon
Rodriguez, M. (2021, February 25). U.S. fitness industry revenue dropped 58% in 2020. IHRSA. Retrieved from https://www.ihrsa.org/improve-your-club/industry-news/u-s-fitness-industry-
revenue-dropped-58-in-2020/#
20
21. REFERENCES:
Sikkema, K. (2019 April 3). Smartphone calculator app [Photograph]. Retrieved from https://unsplash.com/photos/SBxdMoOY9zM
Snow, D. (2022, June 1). Apple Watch dominates growing smartwatch market. Cult of Mac. Retrieved from https://www.cultofmac.com/778595/apple-watch-dominates-growing-smartwatch-
market/
Sohail, O. (2021, June 4). Apple Watch Series 6 costs a measly $136 to make, with the SOC, memory, taking up the majority of the bill. Wccftech. Retrieved from https://wccftech.com/
apple-watch-series-6-costs-136-to-make/#:~:text=With%20the%20latest%20Apple%20Watch,up%20to%20less%20than%20%24140.
Stasha, S. (2022, May 20). 19+ statistics and facts about the fitness industry. Policy Advice. Retrieved from https://policyadvice.net/insurance/insights/fitness-industry-statistics/
Studio, C. (n.d.). Woman sharing her presentation with her colleagues - pexels. Pexels. Retrieved from https://www.pexels.com/photo/woman-sharing-her-presentation-with-her-
colleagues-3153198/
Subiyanto, K. (2020). Man wearing jacket [Photograph]. Retrieved from https://www.pexels.com/photo/man-wearing-jacket-and-black-shorts-running-in-the-city-5039659/.
Tighe, D. (2022, August 15). Nike’s global revenue 2005-2022. Statista. Retrieved from https://www.statista.com/statistics/241683/nikes-sales-worldwide-since-2004/
#:~:text=In%202022%2C%20Nike%27s%20global%20revenue,major%20manufacturer%20of%20sports%20equipment.
UPshow. (2022, August 3). How much does a digital billboard costs?: Digital Billboard Pricing. Retrieved from https://www.upshow.tv/resources/blog/how-much-does-a-digital-billboard-
cost/#:~:text=Digital%20billboard%20signs%20cost,parts%20of%20the%20United%20States.
Sun, L. (n.d.). Photo of woman jumping on box · free stock photo. Pexels . Retrieved from https://www.pexels.com/photo/photo-of-woman-jumping-on-box-2294403/
Williams, B & N. A. S. M. (2021, November 2). The 4 best fitness features coming to the Apple Watch. Men's Health. Retrieved from https://www.menshealth.com/technology-gear/
a21082570/apple-watch-watchos5-fitness/
YouTube. (2020, September 15). Apple: Fitness Plus +-Official Trailer. YouTube. Retrieved from https://www.youtube.com/watch?v=zrsAFaF99ng
21