Marketing to a Target Population and Differentiating Services
The New Product
The new product is a spa that services mothers of young children. It is called Ma Spa and the innovative idea behind the service is that it provides care for her kids while she receives her spa treatment. Most moms with small kids do not have the opportunity to stop in at the spa because they have kids in tow—so the Ma Spa is designed for them: no appointments needed and no worries about what to do with the children. The Ma Spa has certified childcare professionals on staff who oversee the children as they play in their own play area while Mom relaxes and gets her hair or nails done. It is a business that caters specifically to women and lets them know how special and important they are to the community by making sure their beauty and relaxation needs are met in spite of the small burdens they carry around with them everywhere they go.
Why the Ma Spa is New to the Market
There is nothing quite like the Ma Spa in the spa industry. Most spas require a reservation and no spas offer childcare services as part of their standard approach to the marketplace. This spa differentiates itself from other spas because it is completely focused on moms and their small children and making sure Mom gets to have an opportunity to enjoy time at the spa during her busy schedule.
Other spas exist in the market but they are typical day spas and they are all in competition with one another based on the same framework. They are all using the same resources and attempting to capture the same market share. There is nothing like a Ma Spa that caters specifically to a niche market, and there are many moms out there who would love to have a spa that is designed just for them in mind.
Objective and Mission Statement
The objective of the Ma Spa is to provide a unique opportunity for moms in the community to get a spa treatment without having to worry about what to do with their kids or who is watching them.
The mission statement is: To make sure moms get the mental, physical, social and beauty health support they need through spa relaxation treatment at any time of the working day.
Short Term Marketing Objectives
The short term marketing objectives are:
1. To promote the new service—this will include advertising locally with ads online that use targeted marketing
2. To engage the audience—by developing a social media presence and describing what is available at the facility and inviting questions from followers
3. To obtain positive product and service reviews—this will include getting contact information from customers while they wait by having them sign up for email discounts and sale promotions and then reaching out to them on email or social media to get a positive review from them
4. To increase brand awareness—this will include sponsoring local events so that the word gets out about the brand
5. To launch in a new market—this will include opening the store and having an opening day and opening week event in which all spa services are half off for all customers
6. To generate web traffic for the sale of products online—this will include getting visitors to check out the website online by mentioning discounts that can be applied when products are purchased through the website—the purpose being that this eliminates stocking and storage costs for us as the distributors can handle the cost of shipping and storing but the spa can collect the premium for handling the point of sale process.
Goals for Sales and Profit
The goals for sales and profit are that revenues will come from service fees and from a subscription fee that moms can pay each month to take advantage of a limited number of spa visits whenever they want. Product sales of organic, locally sourced cosmetic and homeopathic beauty supplies will also enhance the revenue stream. The spa will promote the use of these locally sourced homeopathic health and beauty products made from organic materials at...
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