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Best Buy Marketing Plan Powerpoint

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Created for local Murfreesboro, TN Best Buy store

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Page 1: Best Buy Marketing Plan Powerpoint
Page 2: Best Buy Marketing Plan Powerpoint
Page 3: Best Buy Marketing Plan Powerpoint

Executive Summary

Our mission:

To increase shares in revenue by the empty-

nesters/Adams Place target market (ages 55 and

over) by 1% in the Murfreesboro Best Buy Store.

Page 4: Best Buy Marketing Plan Powerpoint

Research

Research surveys and extensive live

video taped interviews to gather our

information, strategies, and tactics.

Most important qualities of a Best Buy

store for seniors –

Comfort, Ability, and Reliability

Page 5: Best Buy Marketing Plan Powerpoint

..Research Continued

Research through our direct interviews

of 15 empty-nesters indicates that many

still rely on the daily news journal to

receive local information.

Page 6: Best Buy Marketing Plan Powerpoint

Promotional Plan

4 month period

Budget of $26,735

Sponsoring a bingo game at St. Clair

Community Center

Advertise senior citizen discounts & early

bird specials in the Daily News Journal

Direct mail flyers with coupons

Advertise in restrooms at places such as

doctors’ offices, community centers, and

restaurants

Page 7: Best Buy Marketing Plan Powerpoint

Advertising

Direct mail flyer

10% off every Wednesday

Early bird special 10-12

2,500 homes/month

Page 8: Best Buy Marketing Plan Powerpoint
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...Tactics continued

Direct Mail

Personal Customer Relationship

Increasing trafficIncreasing service/ product purchases

Awareness Affordable

Page 11: Best Buy Marketing Plan Powerpoint

•Daily News Journal Ad

• Early Bird Senior Citizen Discount

• Reaching 16,579 households in

Murfreesboro, Tennessee

Advertising

Page 12: Best Buy Marketing Plan Powerpoint
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Tactics

Loyalty

Awareness

Discount

Price Matching

Newspaper

Ad/ Discount

Coupon for

Daily News

Journal

Page 14: Best Buy Marketing Plan Powerpoint

Marketing Collateral

Potty News Flyers at:

Shoney’s on Church St

Shoney’s on NW Broad Street

Demos’ Restaurants

St. Clair Community Center

North Rutherford YMCA

Murfreesboro YMCA

○ Distribution of 2,500 copies every month

○ Total Cost: $2,040

Page 15: Best Buy Marketing Plan Powerpoint
Page 16: Best Buy Marketing Plan Powerpoint

Promotional Activities

Sponsorships for

special event

Afternoon Bingo ‘N

Bowling with Best

Buy

Location: St. Clair

Community Center

in Murfreesboro, TN

http://www.youtube.com/watch?v=fK

S7TOkq2N8

Page 17: Best Buy Marketing Plan Powerpoint

Budget

Direct Mail Letter (8x1/2)(5x1/2) - $2,100

DNJ - $1,440

Potty News Flyers - $2,040

Bingo - $1,830 ($480 gift cards)

Estimated Cost: $ 7,410.00

Page 18: Best Buy Marketing Plan Powerpoint
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Our Goal

We WILL: Increase sales by 1%, build

new customer relationships, build service

awareness (Geek Squad), and

build/improve empty-nesters perception.