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Created for local Murfreesboro, TN Best Buy store
Citation preview
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.
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
..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.
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
Advertising
Direct mail flyer
10% off every Wednesday
Early bird special 10-12
2,500 homes/month
...Tactics continued
Direct Mail
Personal Customer Relationship
Increasing trafficIncreasing service/ product purchases
Awareness Affordable
•Daily News Journal Ad
• Early Bird Senior Citizen Discount
• Reaching 16,579 households in
Murfreesboro, Tennessee
Advertising
Tactics
Loyalty
Awareness
Discount
Price Matching
Newspaper
Ad/ Discount
Coupon for
Daily News
Journal
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
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
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
Our Goal
We WILL: Increase sales by 1%, build
new customer relationships, build service
awareness (Geek Squad), and
build/improve empty-nesters perception.