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Hi-Five Your Work Out Liz Costa, Lily Chaleff, Juliet Tripaldi, Bess Couture & Olivia James
What is TRAX? Introduction of The TRAX Company Simplest way to keep track of work outs! Presented by Liz
Situation Analysis The Fitness Market 45.5 Million Health Club Members $19.1 Billion Industry Presented by Liz
Situation Analysis Big Competitors Nike, Adidas, Puma & Under Armor Nike & Adidas have large revenue. Closely examine the Nike+ product 8.1% profit rise with their release. Presented by Liz
Product Analysis Physical Product Description Orange band Grey buttons Scroll feature Environmentally-friendly rubber  Salt and water resistant  Presented by Lily
Product Analysis Comparable Testing Nike+ Online Work-Out Logs Digital Social Fitness Communities Heart Rate Monitors Presented by Liz
Consumer Analysis Name Selection Rationale Play off of what it does – it TRAX! Price Reasoning $55/bracelet Presented by Lily
Target Market Analysis Our Target Audience Women Age 16 – 59 Health Conscious, Organized & Efficient Presented by Liz
Problems & Recommendations Sample Problem/Recommendation Problem: TRAX is a new product that has no commercial competitor. Its originality will make it difficult to introduce to the consumer market. Recommendation: Pump up many PR avenues such as social media and celebrity spokespeople. Presented by Juliet
Opportunities & Recommendations Sample Opportunity/Recommendation Opportunity: Weight loss and healthy lifestyles are both very popular topics right now. Recommendation: Advertising should focus on how TRAX aids in creating a better, healthier lifestyle. Incorporate that language in our ad campaigns. Presented by Juliet
Marketing Objectives First Year To partner with 75 New England gyms. Short Term To increase sales by 5% every month for the first six months. Long Term To become the leading national fitness tool/ regimen in the next five years. Presented by Juliet
Marketing Strategies First Year Create/implement “Ambassadorship” for The TRAX San Diego Fitness Retreat. Short Term Give twenty free samples to prominent bloggers/radio personalities. Long Term Create partnerships with Weight Watchers and sponsor a season of The Biggest Loser. Presented by Juliet
Advertising Recommendations Important Considerations Value I want to be healthy and active. Product Personality Smart, healthy and in-control. Brand Essence Use TRAX to track your workout; track your success. Presented by Bess
Advertising Recommendations Communication Objective To build awareness among our target audience… Communication Strategy To convince the target audience that TRAX is unique and beneficial. Unique Selling Point Gives users a comprehensive look at their activity levelsand offers improvements. Presented by Bess
Media Recommendations Highlights Cable TV Ads During primetime. Print Ads Place ads in women’s interest magazines. Radio Stations that reach our audience. Direct Marketing Informational flyers. Internet Official TRAX Website Sell through other fitness website Side-bar ads on sites visited by target audience Optimize visibility on Google (key words) Presented by Olivia
Marketing Materials A Collection of the TRAX Advertising Materials
Cable TV Ad Presented by Lily       
Print Ad Presented by Olivia
Print Ad Presented by Olivia
Print Ad Presented by Olivia
Print Ad Presented by Olivia
Print Ad Created ambassadorship program in conjunction with San Diego retreat. Ambassador Presented by Liz
Print Ad Informational flyers for gyms, Weight Watchersand display locations. Informational  Presented by Liz
Radio Ad Presented by Juliet
Web Ad Presented by Bess
Thank You! Liz Costa, Lily Chaleff, Juliet Tripaldi, Bess Couture & Olivia James

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Trax presentation

  • 1. Hi-Five Your Work Out Liz Costa, Lily Chaleff, Juliet Tripaldi, Bess Couture & Olivia James
  • 2. What is TRAX? Introduction of The TRAX Company Simplest way to keep track of work outs! Presented by Liz
  • 3. Situation Analysis The Fitness Market 45.5 Million Health Club Members $19.1 Billion Industry Presented by Liz
  • 4. Situation Analysis Big Competitors Nike, Adidas, Puma & Under Armor Nike & Adidas have large revenue. Closely examine the Nike+ product 8.1% profit rise with their release. Presented by Liz
  • 5. Product Analysis Physical Product Description Orange band Grey buttons Scroll feature Environmentally-friendly rubber Salt and water resistant Presented by Lily
  • 6. Product Analysis Comparable Testing Nike+ Online Work-Out Logs Digital Social Fitness Communities Heart Rate Monitors Presented by Liz
  • 7. Consumer Analysis Name Selection Rationale Play off of what it does – it TRAX! Price Reasoning $55/bracelet Presented by Lily
  • 8. Target Market Analysis Our Target Audience Women Age 16 – 59 Health Conscious, Organized & Efficient Presented by Liz
  • 9. Problems & Recommendations Sample Problem/Recommendation Problem: TRAX is a new product that has no commercial competitor. Its originality will make it difficult to introduce to the consumer market. Recommendation: Pump up many PR avenues such as social media and celebrity spokespeople. Presented by Juliet
  • 10. Opportunities & Recommendations Sample Opportunity/Recommendation Opportunity: Weight loss and healthy lifestyles are both very popular topics right now. Recommendation: Advertising should focus on how TRAX aids in creating a better, healthier lifestyle. Incorporate that language in our ad campaigns. Presented by Juliet
  • 11. Marketing Objectives First Year To partner with 75 New England gyms. Short Term To increase sales by 5% every month for the first six months. Long Term To become the leading national fitness tool/ regimen in the next five years. Presented by Juliet
  • 12. Marketing Strategies First Year Create/implement “Ambassadorship” for The TRAX San Diego Fitness Retreat. Short Term Give twenty free samples to prominent bloggers/radio personalities. Long Term Create partnerships with Weight Watchers and sponsor a season of The Biggest Loser. Presented by Juliet
  • 13. Advertising Recommendations Important Considerations Value I want to be healthy and active. Product Personality Smart, healthy and in-control. Brand Essence Use TRAX to track your workout; track your success. Presented by Bess
  • 14. Advertising Recommendations Communication Objective To build awareness among our target audience… Communication Strategy To convince the target audience that TRAX is unique and beneficial. Unique Selling Point Gives users a comprehensive look at their activity levelsand offers improvements. Presented by Bess
  • 15. Media Recommendations Highlights Cable TV Ads During primetime. Print Ads Place ads in women’s interest magazines. Radio Stations that reach our audience. Direct Marketing Informational flyers. Internet Official TRAX Website Sell through other fitness website Side-bar ads on sites visited by target audience Optimize visibility on Google (key words) Presented by Olivia
  • 16. Marketing Materials A Collection of the TRAX Advertising Materials
  • 17. Cable TV Ad Presented by Lily       
  • 18. Print Ad Presented by Olivia
  • 19. Print Ad Presented by Olivia
  • 20. Print Ad Presented by Olivia
  • 21. Print Ad Presented by Olivia
  • 22. Print Ad Created ambassadorship program in conjunction with San Diego retreat. Ambassador Presented by Liz
  • 23. Print Ad Informational flyers for gyms, Weight Watchersand display locations. Informational Presented by Liz
  • 24. Radio Ad Presented by Juliet
  • 25. Web Ad Presented by Bess
  • 26. Thank You! Liz Costa, Lily Chaleff, Juliet Tripaldi, Bess Couture & Olivia James