Easy Comp Assess(ECA)
    Marketing Plan
         Group 1
       Mihir Patel
     Evguenia Jacoby
          Ed Kim
    Deborah Towolawi
    Peju Oluwasanmi
      Tricina Sobers
ECA
ECA Core Competencies
   Flexibility in rental terms
   Convenient hours of operation
   Outstanding Customer Support and Service


ECA main disadvantages:
   No direct assess to printers
ECA
                             Competition:
                Rutgers Free Time Labs and Library:
Pros: free services for all Rutgers students;
      have all up-to-date licensed applications;
Cons: computers are not portable-you cant take it with you;
    Limited capacity and hours of operations.
ECA

                                Dell:
Pros: flexible 24, 36 and 28 months leases;
Various financing options;
All technical support in a system selling;
Options at the end of the lease: buy out for 1$ or keep it.
Cons: Minimum transaction size 500$:
Not easy to get credit (tough financial requirements);
Designed mostly for small businesses, not individuals.
ECA
      Other Indirect Competitors: Mega Stores and Chain Stores:
Pros:
   Varieties of laptops under one roof;
   Direct technical support (Geek Squad of Best Buy);
   Easy financing, as low as 10$ per month;
Cons:
   Now you own that laptop!
ECA
                     Target market and Market trends:

Target Market:
   Students at Rutgers Newark campus;
   Increased demand for education-the students base to grow;
   Students are very price sensitive: part- or entry-level jobs with no
   discretionary or stable income;
Marketing trends:
   Users are becoming more sophisticated, demanding;
   New technological advances: cheaper technology, more powerful and
   portable;
   Shorter life cycle of technology.
ECA
                                 • Base on our survey
                                   – 35% students are willing
                                     to rent a laptop
                                   – About 35,000 students
             Yes, 34.67%
                                     enrollee in the Rutgers
                           Yes
                           No        Newark every year
No, 65.33%
                                   – Our target market
                                     is12,250(35,000 *35%)
                                     students
ECA
                                                    • Based on our survey:
                                                      – 40% of students have
                                                        indicated that they
      Other, 22.58
           %                                            prefer DELL brand to
                            Dell, 40.32%   Dell         others
                                           HP
Compaq, 6.45
    %
                                           Compaq     – DELL is cheaper
                                           Other
                                                        compared to other
                                                        companies, that were
               HP, 30.65%                               the main reasons why
                                                        ECA chose DELL.
ECA
                                                          • Based on our survey
                                                            – Almost 55% prefer long-
                 Hour, 8.20%                                  term rentals=semester;
   Day, 13.11%
                                                            – 16% would rent for a
                                               Semester
                                               Month
                                                              month;
Week, 8.20%
                                               Week
                                               Day
                                                            – 13% need a laptop for a
                               Semester, 54.
                                  10%          Hour           day;
    Month, 16.39                                            – Less than 17%-hour and
        %
                                                              week.
ECA
                                    Units                   Price                   Cost                      Total Cost                  Loan Payment/month

         Laptops                                      100                 $500.00                $50,000.00                 $50,000.00

         Software's                                                                                                         $10,000.00

         Others                                                                                                             $10,000.00

         Total                                                                                                              $70,000.00                 $2,260.00
                                                     Revenue                                                                                 Expense
                                                                                  F & V Revenue Revenue
                                                  Allotted Laptop                 per month with (100% F &                                               Fix Expense
                   Survey %       Total Laptop    Base on %       Price           100% sales      40%)                                                   per month
Semester                   55.00%             100              55         $150.00       $2,062.50                       Lone Payment                           $2,260.00
                                                                                                                      Rent + Utilites
Month                      16.00%             100                   16     $40.00           $640.00                   + Internet                              $2,000.00
Fix Revenue                                                                                $2,702.50        $2,702.50 Phone bills                              $100.00
                                                                                                                        Advertising-
                                                                                                                        Flayers                                    $70.00
                                                                                                                        other
Week                        8.00%             100                    8     $20.00           $640.00                     advertising exp                              100
Day                        13.00%             100                   13     $10.00          $3,380.00
2 Hour                      8.00%             100                    8      $8.00           $870.40
Variable
Revenue                                                                                    $4,890.40        $1,956.16

Total                                                                                      $7,592.90        $4,658.66 Total                                   $4,530.00
                                                                                                       Break even
ECA
                                Sales and Distributions:
ECA will look to rent space from the paul Robinson campus Center located in the
heart of the Rutgers University newark campus.
Through our store and website, ECA.com, various packages and options with
flexible and afffordable prices for laptopt rentals.
     Our Hours of Operations:
     Monday-Friday=8 am-7 pm;
     Saturday=9 am-4 pm;
     Sunday=closed
ECA
                                     Promotions:
ECA will use the affordable promotion method to keep its spending and
advertizing to a minimum.
ECA will look to advertise through the school’s newspaper, “The Observer”, and
Rutgers radio.
Flyers will be distributed around the campus.
ECA
ECA plans to use Buzz marketing to initially get the word out about our new
laptop rental product.
Through meeting the expectations of customers ECA hopes to establish positive
word-of-the-mouth advertizing by customer evangelists.
Presentation1

Presentation1

  • 1.
    Easy Comp Assess(ECA) Marketing Plan Group 1 Mihir Patel Evguenia Jacoby Ed Kim Deborah Towolawi Peju Oluwasanmi Tricina Sobers
  • 2.
    ECA ECA Core Competencies Flexibility in rental terms Convenient hours of operation Outstanding Customer Support and Service ECA main disadvantages: No direct assess to printers
  • 3.
    ECA Competition: Rutgers Free Time Labs and Library: Pros: free services for all Rutgers students; have all up-to-date licensed applications; Cons: computers are not portable-you cant take it with you; Limited capacity and hours of operations.
  • 4.
    ECA Dell: Pros: flexible 24, 36 and 28 months leases; Various financing options; All technical support in a system selling; Options at the end of the lease: buy out for 1$ or keep it. Cons: Minimum transaction size 500$: Not easy to get credit (tough financial requirements); Designed mostly for small businesses, not individuals.
  • 5.
    ECA Other Indirect Competitors: Mega Stores and Chain Stores: Pros: Varieties of laptops under one roof; Direct technical support (Geek Squad of Best Buy); Easy financing, as low as 10$ per month; Cons: Now you own that laptop!
  • 6.
    ECA Target market and Market trends: Target Market: Students at Rutgers Newark campus; Increased demand for education-the students base to grow; Students are very price sensitive: part- or entry-level jobs with no discretionary or stable income; Marketing trends: Users are becoming more sophisticated, demanding; New technological advances: cheaper technology, more powerful and portable; Shorter life cycle of technology.
  • 7.
    ECA • Base on our survey – 35% students are willing to rent a laptop – About 35,000 students Yes, 34.67% enrollee in the Rutgers Yes No Newark every year No, 65.33% – Our target market is12,250(35,000 *35%) students
  • 8.
    ECA • Based on our survey: – 40% of students have indicated that they Other, 22.58 % prefer DELL brand to Dell, 40.32% Dell others HP Compaq, 6.45 % Compaq – DELL is cheaper Other compared to other companies, that were HP, 30.65% the main reasons why ECA chose DELL.
  • 9.
    ECA • Based on our survey – Almost 55% prefer long- Hour, 8.20% term rentals=semester; Day, 13.11% – 16% would rent for a Semester Month month; Week, 8.20% Week Day – 13% need a laptop for a Semester, 54. 10% Hour day; Month, 16.39 – Less than 17%-hour and % week.
  • 10.
    ECA Units Price Cost Total Cost Loan Payment/month Laptops 100 $500.00 $50,000.00 $50,000.00 Software's $10,000.00 Others $10,000.00 Total $70,000.00 $2,260.00 Revenue Expense F & V Revenue Revenue Allotted Laptop per month with (100% F & Fix Expense Survey % Total Laptop Base on % Price 100% sales 40%) per month Semester 55.00% 100 55 $150.00 $2,062.50 Lone Payment $2,260.00 Rent + Utilites Month 16.00% 100 16 $40.00 $640.00 + Internet $2,000.00 Fix Revenue $2,702.50 $2,702.50 Phone bills $100.00 Advertising- Flayers $70.00 other Week 8.00% 100 8 $20.00 $640.00 advertising exp 100 Day 13.00% 100 13 $10.00 $3,380.00 2 Hour 8.00% 100 8 $8.00 $870.40 Variable Revenue $4,890.40 $1,956.16 Total $7,592.90 $4,658.66 Total $4,530.00 Break even
  • 11.
    ECA Sales and Distributions: ECA will look to rent space from the paul Robinson campus Center located in the heart of the Rutgers University newark campus. Through our store and website, ECA.com, various packages and options with flexible and afffordable prices for laptopt rentals. Our Hours of Operations: Monday-Friday=8 am-7 pm; Saturday=9 am-4 pm; Sunday=closed
  • 12.
    ECA Promotions: ECA will use the affordable promotion method to keep its spending and advertizing to a minimum. ECA will look to advertise through the school’s newspaper, “The Observer”, and Rutgers radio. Flyers will be distributed around the campus.
  • 13.
    ECA ECA plans touse Buzz marketing to initially get the word out about our new laptop rental product. Through meeting the expectations of customers ECA hopes to establish positive word-of-the-mouth advertizing by customer evangelists.