Throughout this course, you will be creating a marketing plan for a hypothetical company that provides a product or service. For this assignment, you will document your hypothetical company’s background information and mission statement, your company’s short-term and long-term goals, an environmental analysis, and a SWOT analysis.
Note: You should make all assumptions needed for the completion of this assignment.
My 4Ps of Concrete Rose
1. Product: Services offered at the Concrete Rose, such as massages, facials, body treatments, nails, and toes etc. I want the people who come to have full services and be able to do so much in one spot. This way I can maximize the profit by having so many services done at my spa. I would have a product line available to be purchased for everything as well. Then as the business grows I will want to start my own product lines and sell them out of the business as well.
2. Price: The cost of the services offered.
Massage: $75 to $200, depending on the length and the type of methods you select
Facial: $60 to $150 and up (masks, serums, and special eye treatments are usually an additional charge)
Manicure and pedicure: $75 to $150
Hair Styling: $50 to $200 and up
Makeup application: $25 to $75
3. Promotion: Advertising and marketing activities to promote the spa and its services. I would create a spa package that can start at $150 for two or more services and go up to about $450 for a few hours of special treatment. I will offer affordable all-day treatments, the prices can go as high as $750 or more for a full day filled with an array of indulgences and healing treatments that are sure to make my clients happy. I want to have a spa club that can get clients up to 50% off of a service or money off products. I will advertise by billboards and in mailers at the apartments and in the mail. Fliers that offer half-off days a few times a month. And promos for new clients.
4. Place: The physical location of the spa, will be near a very popular housing area in Brandon Florida. There are many places located near apartments and housing neighborhoods. I want the spa to be visually appealing to people who pass going from work and home. And with my location being near home. I can have a lot more people who are within walking distance.
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