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Floral Design
Plant: Amaryllis
Term: Marketing
Amaryllis• Genus: Hippeastrum• Availability: year-round• Color: red, orange, pink, apricot, salmon
white and bicolors (shown)• Stem is hollow and leafless with 4-6 trumpet-shaped
florets in an umbellate pattern; florets continue to open; • Large form flower: Showy mass of florets provides drama. • Longevity: varies, depending on maturity stage of buds• Sold by stem: $4.00• Available as a forced bulb at Christmas time
Marketing
• the business activity of presenting products or services in such a way as to make them desirable
• “There is only one valid definition of a business purpose: to create a customer”
Basics of Marketing
• 4 Ps Target Market
Product Placement Promotion Price
Product
• What are you trying to sell?
• What is the quality of the product?
• What is the availability of the product?
• What differentiates this product from all of the other products in the world?
Placement
• How a product flows from producer to consumer
• Where will the customer buy the product?
Promotion
• How will the public know what you have to sell?
• Will people trust your business?
• Will people believe they are getting good value?
Pricing
• Supply & Demand
• Introductory prices
• Sales
• Loss leaders
• Premium pricing - link
• Attractive numbers ($9.89)
Marketing
• Who are the customers I want to find, develop, & keep?
• What products and services must I offer to develop these customers?
Marketing Mix
• Unique for each product
• Need to correctly identify the correct market for the products
SWOT
• SWOT analysis is a tool for auditing an organization and its environment.
• It is the first stage of planning and helps marketers to focus on key issues.
• Strengths
• Weaknesses
• Opportunities
• Threats
} Internal
} External
Guerrilla Marketing
• Guerrilla marketing is an unconventional system of promotions that relies on time, energy and imagination rather than a big marketing budget.
• Guerrilla marketing tactics are unexpected and unconventional.
• The term was coined and defined by Jay Conrad Levinson in his 1984 book Guerrilla Marketing.
Guerilla Marketing Examples
Market Survey
• Identify Customer– Age– Gender– Purchase history
• Likelihood to purchase• Product preferences
– Flower Arrangements– Single Flowers– Flowers to wear– Balloons
• Price limitations
• We conducted several teacher surveys last fall
• Results:– Most of the teachers
and students do not buy flowers here
– Concentrate efforts on those who do
Marketing Project• Today - Select 5 floral or related products to market• Identify the Placement of the products
– Who will you sell them to?– How will you sell them?
• Plan a promotion for them– How will you convince people that they should by them
• Pricing– What pricing strategy will you use?
• Tomorrow – Make a sign for your business to highlight your products
Example
• Product 1: - – Romantic Rose bouquet– Good quality flowers – not discount – not OTT
• Placement – – Selling in a busy shopping center, – Selling to adults on their way home from work– Packaged and ready for pick-up without waiting
• Promotion – – Signage with happy couples– Catchy slogan about flowers make my day– Bright – noticeable colors
• Pricing– Moderate – above grocery store – below HE florist