Marketing Essentials Developing and Evaluating a Basic Marketing Plan for Fitness First.

 

 

 

This assessment is based on an imaginary case study which will focus on your abilities to develop and evaluate a basic marketing plan

Introduction

 

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Scenario

 

 

 

 

 

Fitness First (http://www.fitnessfirst.com.au/find-a-club/ ) currently consists of five fitness centers throughout Sydney, Australia. Their goal is to expand to around 20 centers in Sydney before expanding country wide. Currently, most of their fitness centers are operating at only 60% capacity. This means that they will greatly benefit from more customers (as most of their costs are fixed costs – in premises and equipment). As a result, they have budgeted just over $1m (which is a substantial amount for them) for an upcoming marketing and promotional campaign. Their problem is that they are faced with too many choices and are unsure how to structure their campaign. That’s why they need your help/advice.

They have identified five different segments of people that are attracted to joining a fitness center. These segments are:

Name of Segment

Needs

Profile

Proportion of Market

Looking Good

This group is attracted to improve the physical look of their body

On average, this group is aged 18 to 35 and tend to be fairly dedicated to fitness – but they also like to indulge into  unhealthy habits like cigarettes.

30%

Losing Weight

As the name suggests, this group is attracted to a fitness center to help them with their weight loss goals

This group is slightly older, around 30 to 45 years. Their fitness dedication seems to go in cycles (that is, up and down)

20%

Just Surviving

This is a relatively new segment. They view fitness as vital to long-term health and work out to help make their day-to-day life easier

This group is predominately aged 50 years plus. They don’t have ambitious goals, and are happy to do a light work out a few times a week

10%

Among Friends

This group see fitness center as a great place to make friends and meet people.

This group mostly consists of females aged 25 to 40 years, who work part-time (due to children). They are reasonably committed to fitness, even though it is their secondary motivation

30%

Pushing the Boundaries

These people use fitness centers to help them achieve goals in other areas (that is, they play top level sports, or engage in extreme or endurance sports

This group is mainly aged under 30 and are extremely committed to their fitness goals, even though they may only use fitness centers on an ad hoc basis

10%

The firm is also unsure about what type of message they should communicate and the best way to present that message. To help them with their decision, they have constructed the following:

Name of Segment

Best Appeal/s and Message

Best Source/s

Looking Good

Rational – best equipment and staff

Looks mainly – ‘want to look like this’?

Fitness Instructor

Real customer

Losing Weight

Fear – risks of being overweight

Emotional – ‘take care of yourself’

Expert/doctor

Actor (little overweight)

Just Surviving

Two-sided – ‘now that you’re older’

Humor – ‘I used to hate to work out’

Real customer

Older celebrity

Among Friends

Emotional – ‘where you belong’

Humor – having fun

Actors (group of friends)

Staff and real customers

Pushing the Boundaries

Rational – become fitter/faster

Fear – ‘your competitor trains here’

Spokesperson (face of firm)

Actors (fit looking people)

And, of course, the firm hasn’t even considered the question of which media vehicles they should use. However, given their fairly limited budget, they are most likely restricted to:

  • Radio advertising
  • Local paper advertising
  • Local cinema advertising
  • Internet ads
  • Shopping mall promotions
  • Letterbox drops
  • Billboards
  • Taxis and buses
  • Publicity
  • Customer referral incentives

 

Required Task

 

 

 

 

 

 

 

P4 – Produce and evaluate a basic marketing plan for an organisation.

 

Task 1 (P4 – LO3) – Using the information from the above given case study as your framework and point of reference, produce and evaluate   a basic marketing plan by choosing 2-3 segments (that are related) to create just ONE marketing plan for Fitness First.

 

Evidence Format: Paragraph format only.

 

Grading Criteria

Learning Outcome

Specific Criteria

Assessor’s Decision & Comments

 

LO3 – Develop and evaluate a basic marketing plan.

P4 – Produce and evaluate a basic marketing plan for an organization.

 

 

 

LO3 – Develop and evaluate a basic marketing plan.

M 4 – Merit will be awarded if in the response for task one, a student produces a detailed, coherent evidence-based marketing plan for Fitness First.

 

 

LO3 – Develop and evaluate a basic marketing plan.

D 2 – Distinction will be awarded if in the response for task one, a student accurately applies all 7Ps of marketing to achieve the overall objectives of Fitness First.

 

 

 

 

Source of Information:

 

American Marketing Association – www.ama.org

 

Report Format

 

 

 

 

 

·       Use a standard business report structure.

·       Word process the report.

·       Use 12 point Arial or Times New Roman script.

·       Use the APA Referencing style system

·       Complete the title page and sign the statement of authenticity.

·       Your assessment should be submitted along with a soft-copy in the form of an attachment to an email. Assessments submitted without a soft-copy will not be accepted.

·       You must submit a Turnitin report along with the hard copy of your assessment. The report should not exceed 10%.

Plagiarism and Collusion

 

 

 

 

 

Any act of plagiarism and collusion will be seriously dealt with according to the regulations. In this context the definition and scope of plagiarism are presented below:

Plagiarism occurs when a student misrepresents, as his/her own work, the work, written or otherwise, of any other person (including another student) or of any institution.

Examples of forms of plagiarism include:

       The verbatim (word for word) copying of another’s work without appropriate and correctly presented acknowledgement;

       The close paraphrasing of another’s work by simply changing a few words or altering the order of presentation, without appropriate and correctly presented acknowledgement;

       Unacknowledged quotation of phrases from another’s work;

       The deliberate and detailed presentation of another’s concept as one’s own.

All types of work submitted by students are covered by this definition, including, written work, diagrams, designs, engineering drawings and pictures.

Collusion occurs when, unless with official approval (e.g. in the case of group projects), two or more students consciously collaborate in the preparation and production of work which is ultimately submitted by each in an identical, or substantially similar, form and/or is represented by each to be the product of his or her individual efforts. Collusion also occurs where there is unauthorized co-operation between a student and another person in the preparation and production of work which is presented as the student’s own.

Extension and late submission

 

 

 

 

If an extension is necessary for a valid reason, requests can me made using a course work extension request form available from the college. Please note that the lecturers do not have the authority to extend the coursework deadlines and therefore do not ask them to award a coursework extension.  The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick.

Glossary of BTEC Directive Terms

Account For

Requires more than a description. An explanation of the topic is needed giving reasons why.

Analyse

Break down a complex topic into simpler parts, exploring patterns and explaining significance

Assess

See Evaluate

Compare

Identify and explain similarities and differences

Contrast

Identify and explain differences

Demonstrate

Show awareness and understanding

Describe

Give description of major features

Discuss

Present and examine clearly the various views on a topic or issue

Evaluate

Examine the strengths and weaknesses and judge the merits of particular perspectives

Examine

Lay out the essential elements of an issue and investigate in detail.

Explain

Show clearly knowledge and understanding of a topic

Explore

Examine or investigate a topic or issue, often in an imaginative way

Identify

Pick out and describe main points

Illustrate

Give examples to clarify the argument or answer

Interpret

Clarify or explain the meaning

Investigate

A careful and systematic inquiry into a topic or issue

Justify

Provide reasons why something is valid

Outline

Identify the main features

Research

Use a variety of sources to establish facts or collect information

Review

Write a critical assessment

Significance

Consequence or importance

Specify

Identify clearly and definitely