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+ Kristen Dangora
Kayla Murphy
Lino Samide
Steve Sampson
Alexa Shanahan
Jerad Stahlinski
+
Purpose of Report
Goals of The
Pilates Studio
Market
Research on:
• Current Situation
• Market
• Customers
• Competition
New
Marketing
Plan
80% Online
20% Offline
+
Background of TPS
Partnership Business Model
Located in Hadley, MA
2012 and 2013 Best of theValley Award
Recipients
6 employees and 3 main services offered
Products and Services
• Pilates Apparatus
Session
• Mat Classes
• Gyrotonic Exercises
• Physical Products
Offered
Current Marketing Strategies
The Pilates Studio Hadley:Current Target Market for Current
Marketing Strategies
• ThePilatesStudioHadley.com
• Social Media
o TPSH's blog
o TPSH’s twitter
o FaceBook
o YouTube page
• Massappeal
• Physical Marketing-
o The Valley Advocate
o Business Cards
o Flyers
• Word of Mouth
+
Problems & Issues
Organizational
Strategy not efficient
Advertising technique
Social media presence
No marketing budget
General confusion
about what Pilates is
for
+
Perception of Pilates
UMass Students' Perception of Pilates
+
MARKET RESEARCH
+
Market Research
Market Trend
Purchasing
Factors
Factors of
Resistance
Other
Purchasing
Factors/Trends
Target Market
+
What is the Market?
66 535 people
(Pioneer Valley)
“….total category revenues for fitness clubs
increased from $15.9 billion in 2005 to $20.3
billion in 2010”. Health and Fitness Club
Trends, June 2011, Mintel Oxygen Database
+
Finding Criteria for Segmentation
 Market
Trends
Pilates training has
shown an increase of
40% from 2000-2001.
Studies show that just
the 42% of people ages
18/24 have a gym
membership
….
 Factors for
Purchase
Improve their overall
health, start living more of
a healthier lifestyle
Fix minor problems with
their health
Post treatment to physical
therapy
…
 Factors of
Resistance
Lack of Finances
Lack of available Instructor
….
+
Criteria for Segmentation
Gender
„Women are more likely to do more low-impact activities, such as yoga,
Pilates, and dance.“ Mintel Oxygen Database, Exercise Trends
Age
Income
„Respondents with household incomes under $50,000 are more likely to
work out at home, a considerably less expensive alternative.”
Attitudes Towards Diet and Exercise -US- January 2005
+
Target Market
Target Segment
 89% Female
 Main target market
 45-54 y/o
 To capture younger market you must use: Health - Well Being - Sex appeal
 11% Male
 Should find another way to target males
 Meet Women - Back Pain - Stretch To Help With Manual Labor Jobs(preventive
medicine) - Health - Better Sex Drive
 Lifestyle Considerations
 "Healthy & Active Lifestyle"
 Under $50,000
 4/5 of respondents would exercise if they had:
 Exercise Games - Exercise Equipment - DVD
+
Target Market
New Online Segmentation
Females between 18-34
This makes less than $50,000 annually
More likely to workout at home
 Beneficial for online market potential to join online
classes
+
Competitors
Pilates Facilities
 Amherst Pilates Amherst
 UMass Amherst Campus Recreation
Center Amherst
 Movement Innovations Florence
 Smart Moves Pilates Florence
 Renew Pilates Studio Easthampton
 Hampshire RegionalYMCA Northampton
 Jean Ida Hoffman Northampton
 Studio Helix Northampton
 The Fix Northampton
+
Competitors
LIVE Online Class Websites
GymCube.com
PowHow.com
BalancedBodyStudio.com
+
Pricing
Mat
Classes
Individual
Aparatus
Semi-
Private
Apparatus
Group
Apparatus
Open
Workout
Amherst Pilates 13 55 33 18-24 x
The Fix 15 70 45 25 15
Smart Moves 15 65 35 15 20
Renew 13 65 35 25 x
HRYMCA 10 x x x x
UMass Rec free x x x x
Movement Innovations 15 85 x x x
Jean Ida Hoffman 15 65 35 x x
Studio Helix 15 65-95 x x x
AVERAGE 12 67 36 21 17.5
The Pilates Studio 15 65 40 35 20
Membership
PowHow.com $5-$40 per
class
BalancedBodyStudio.com $399/8
classes
GymCube.com $10/month
The Pilates Studio $15/class
+
ACTION PLAN
+
Action Plan Overview
SMART Goals
Interns and Staff Utilization
Social Media
Internet Advertising
Video Integration and Homepage Layout
Physical Marketing
S.M.A.R.T. Action Goals; Marketing
 S – Specific
 M- Measurable/Motivational
 A- Attainable/Accountable
 R- Realistic/Responsible
 T- Timely
Utilizing Faculty &
The University of Massachusetts Amherst
Client/Staff
 Time Management
Take Advantage of The
University of Massachusetts
Student Body
 Hire intern(s)
Interns
Staff Utilization
S.M.A.R.T. Goals
+
Social Media
+
=
+
Boards that
Brand
Increase
Traffic Back to
Website
Attract New
Clients to
Online Classes
Social Media
+
Internet Advertising
+
Video Integration Software
New video
software that
links directly to
website
Seamless
integration with
payment options


+
Product Structure
+
QR Codes On Materials
+
Questions?
+
Factors of Influence
Who joins?People who are looking to:
 Improve their overall health, start living more of a healthier
lifestyle
 Fix minor problems with their health
 Post treatment to physical therapy
 Certified Instructors
 Polestar Certification
 Intrigued by special equipment offered that no other local
studios offer
+
Factors of Resistence
Why people do not join:
 Lack of finances
 Private health clubs are costly
 causing people to stay and workout at home
 Lack of availability
 Instructors don't have all the same
qualifications, certificates, and experience
+
Other Purchasing Factors/ Trends
 Pilates training has shown an increase of 40% from 2000-2001.
Yoga and Tai Chi have caught on as well.The current trend toward
this type of exercise (low-impact activities) is due to popular
celebrities who participate
 The key motivating factors in Pilate’s participants are fitness,
healing for back problems and/or injuries or increasingly
preventing chronic back problems
 If the fitness club is partnered with health insurers or government
organizations that have vested interest in promoting exercise
 Hearing about government or medical research on the benefits of
exercise

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Small Business Marketing Final Project

  • 1. + Kristen Dangora Kayla Murphy Lino Samide Steve Sampson Alexa Shanahan Jerad Stahlinski
  • 2. + Purpose of Report Goals of The Pilates Studio Market Research on: • Current Situation • Market • Customers • Competition New Marketing Plan 80% Online 20% Offline
  • 3. + Background of TPS Partnership Business Model Located in Hadley, MA 2012 and 2013 Best of theValley Award Recipients 6 employees and 3 main services offered
  • 4. Products and Services • Pilates Apparatus Session • Mat Classes • Gyrotonic Exercises • Physical Products Offered
  • 5. Current Marketing Strategies The Pilates Studio Hadley:Current Target Market for Current Marketing Strategies • ThePilatesStudioHadley.com • Social Media o TPSH's blog o TPSH’s twitter o FaceBook o YouTube page • Massappeal • Physical Marketing- o The Valley Advocate o Business Cards o Flyers • Word of Mouth
  • 6. + Problems & Issues Organizational Strategy not efficient Advertising technique Social media presence No marketing budget General confusion about what Pilates is for
  • 7. + Perception of Pilates UMass Students' Perception of Pilates
  • 9. + Market Research Market Trend Purchasing Factors Factors of Resistance Other Purchasing Factors/Trends Target Market
  • 10. + What is the Market? 66 535 people (Pioneer Valley) “….total category revenues for fitness clubs increased from $15.9 billion in 2005 to $20.3 billion in 2010”. Health and Fitness Club Trends, June 2011, Mintel Oxygen Database
  • 11. + Finding Criteria for Segmentation  Market Trends Pilates training has shown an increase of 40% from 2000-2001. Studies show that just the 42% of people ages 18/24 have a gym membership ….  Factors for Purchase Improve their overall health, start living more of a healthier lifestyle Fix minor problems with their health Post treatment to physical therapy …  Factors of Resistance Lack of Finances Lack of available Instructor ….
  • 12. + Criteria for Segmentation Gender „Women are more likely to do more low-impact activities, such as yoga, Pilates, and dance.“ Mintel Oxygen Database, Exercise Trends Age Income „Respondents with household incomes under $50,000 are more likely to work out at home, a considerably less expensive alternative.” Attitudes Towards Diet and Exercise -US- January 2005
  • 13. + Target Market Target Segment  89% Female  Main target market  45-54 y/o  To capture younger market you must use: Health - Well Being - Sex appeal  11% Male  Should find another way to target males  Meet Women - Back Pain - Stretch To Help With Manual Labor Jobs(preventive medicine) - Health - Better Sex Drive  Lifestyle Considerations  "Healthy & Active Lifestyle"  Under $50,000  4/5 of respondents would exercise if they had:  Exercise Games - Exercise Equipment - DVD
  • 14. + Target Market New Online Segmentation Females between 18-34 This makes less than $50,000 annually More likely to workout at home  Beneficial for online market potential to join online classes
  • 15. + Competitors Pilates Facilities  Amherst Pilates Amherst  UMass Amherst Campus Recreation Center Amherst  Movement Innovations Florence  Smart Moves Pilates Florence  Renew Pilates Studio Easthampton  Hampshire RegionalYMCA Northampton  Jean Ida Hoffman Northampton  Studio Helix Northampton  The Fix Northampton
  • 16. + Competitors LIVE Online Class Websites GymCube.com PowHow.com BalancedBodyStudio.com
  • 17. + Pricing Mat Classes Individual Aparatus Semi- Private Apparatus Group Apparatus Open Workout Amherst Pilates 13 55 33 18-24 x The Fix 15 70 45 25 15 Smart Moves 15 65 35 15 20 Renew 13 65 35 25 x HRYMCA 10 x x x x UMass Rec free x x x x Movement Innovations 15 85 x x x Jean Ida Hoffman 15 65 35 x x Studio Helix 15 65-95 x x x AVERAGE 12 67 36 21 17.5 The Pilates Studio 15 65 40 35 20 Membership PowHow.com $5-$40 per class BalancedBodyStudio.com $399/8 classes GymCube.com $10/month The Pilates Studio $15/class
  • 19. + Action Plan Overview SMART Goals Interns and Staff Utilization Social Media Internet Advertising Video Integration and Homepage Layout Physical Marketing
  • 20. S.M.A.R.T. Action Goals; Marketing  S – Specific  M- Measurable/Motivational  A- Attainable/Accountable  R- Realistic/Responsible  T- Timely
  • 21. Utilizing Faculty & The University of Massachusetts Amherst Client/Staff  Time Management Take Advantage of The University of Massachusetts Student Body  Hire intern(s) Interns Staff Utilization S.M.A.R.T. Goals
  • 23. + Boards that Brand Increase Traffic Back to Website Attract New Clients to Online Classes Social Media
  • 25. + Video Integration Software New video software that links directly to website Seamless integration with payment options  
  • 27. + QR Codes On Materials
  • 29. + Factors of Influence Who joins?People who are looking to:  Improve their overall health, start living more of a healthier lifestyle  Fix minor problems with their health  Post treatment to physical therapy  Certified Instructors  Polestar Certification  Intrigued by special equipment offered that no other local studios offer
  • 30. + Factors of Resistence Why people do not join:  Lack of finances  Private health clubs are costly  causing people to stay and workout at home  Lack of availability  Instructors don't have all the same qualifications, certificates, and experience
  • 31. + Other Purchasing Factors/ Trends  Pilates training has shown an increase of 40% from 2000-2001. Yoga and Tai Chi have caught on as well.The current trend toward this type of exercise (low-impact activities) is due to popular celebrities who participate  The key motivating factors in Pilate’s participants are fitness, healing for back problems and/or injuries or increasingly preventing chronic back problems  If the fitness club is partnered with health insurers or government organizations that have vested interest in promoting exercise  Hearing about government or medical research on the benefits of exercise