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Better Business Bureau ®
Start With Trust®
A Business Plan Prepared by:
Vanja Dekic
Christian Jugo
Camila Montenegro Bergamo
Karla Kim Young
Company Overview
Mission: BBB’s mission is to be the leader in
advancing marketplace trust.
• Need for Company: Independent resource offering
customers/consumers unbiased information, dispute
resolution, company reviews in the Greater Los
Angeles, Silicon Valley and San Jose Area
• Promotes ethical business behavior
• Aggregates company reviews/complaints
• Educates public on scams
• Dispute resolution
• Improves business/consumer relations and promotes trust
• Evaluates charities and advertisements
What
BBB
does
• Businesses, customers/consumers, government within
the Greater Los Angeles, San Jose and Silicon Valley
areas
Target
Audience
• 100 year brand recognition as a proponent of ethical
business standards and practicesUniqueness
Facilities, People Power and
Organization
• A 501c6 nonprofit organization with 2 offices
located at San Jose CA and Los Angeles CA
• Has 37 employees
BoD
CEO
Department Heads
Staff
• “flatter organization”. Organization works because
the low level positions are independent and
specialized with low complexity tasks
Span of
Control
• “line position” – everyone reports to a boss. Minimal to none
vertical information flow problemUnity of
Command
• Must establish a Marketing department/staff
• Staff replacement during absence
Stability
• the “line position” helps the efficiency of the
organization because everyone knows to whom they
need to report and from whom they get the directions
from.
Efficiency
GOALS
Increase claims settlement to 90%
1
10% Revenue growth by increasing new
business membership to BBB located in the Los
Angeles, Silicon Valley and San Jose regions.2
Marketing Strategies
Corporate
Image
Positioning Pricing Product Distribution Promotion
Marketing
Information
System
Strategy
• Protect reputation
ALWAYS.
• Create promotion of the
BBB logo and seal of
approval
• Enhance customer
feedback
Corporate
Image
Strategy
• Market leader - a source of ethical
and trustworthy advice, assistance
since 1912
Positioning
Strategy
It is true that integrity alone won't make you a leader, but without integrity you will never be one.
Zig Ziglar
• Reasonable Profit Strategy – make the price
of the membership affordable and non-
discriminatory to small and big
businesses. $425 (currently)
Pricing
• Core: Business Reviews, customer dispute
resolution, Accreditation, Seals &
Memberships/partnerships
• Peripheral: Customer education,
Advertising review
• Revenue Strategy: Free to consumers,
supported by memberships/partnerships,
fundraising
Product
• Create ads that directs to a unique landing
page or gathers data on “hits” generated.
Provide a hotline for consumers to call
that also gathers data where high
frequency callers using area code
recognition. Use Google analytics on BBB
website as well as keyword search to
determine competitor’s keywords.
• Conduct surveys or performance reviews
for feedback
• Monitor as well as encourage consumers
and businesses to include the
#proudBBBmember in their social media
campaigns
Marketing
Information
System
Website Data BBB Should Be
Tracking
• Landing Pages that lead to the most conversions
Landing Page – The first page a website visitor lands on
when visiting your website.
Conversion – A successful completion of a website goal
(such as making a donation, membership sign-up)
• Traffic Sources that lead to the most conversions
• Pages with the highest Exit Rate
Exit rate - The percentage of website visitors that leave
from a given page instead of clicking to view another one
Traffic Sources
Search
Traffic
Direct
Traffic
Referral
Traffic
Campaign
Traffic
• Add more value and services
to the membership package
• Buying lists of new
corporations and sending
out mailers
• Social networking to make it
more relevant to gen x,
millennials, gen z.
• Personal selling - develop
personal relationships
Promotion
Mobile App Improvements
Revenue Components
Dispute resolution - BBB Auto Line
rent virtual space on website
rent customer database
advertisement through website & mobile app
company seminars on better business practices & arbitration fees
(CRM Solutions, Customer Service Trainings)
Donate button (website)/pledge a program
Membership Fees
Create a Business Ethics book
QUESTIONS?

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Fundaments of Business Administration and Management

  • 1. Better Business Bureau ® Start With Trust® A Business Plan Prepared by: Vanja Dekic Christian Jugo Camila Montenegro Bergamo Karla Kim Young
  • 2. Company Overview Mission: BBB’s mission is to be the leader in advancing marketplace trust. • Need for Company: Independent resource offering customers/consumers unbiased information, dispute resolution, company reviews in the Greater Los Angeles, Silicon Valley and San Jose Area
  • 3. • Promotes ethical business behavior • Aggregates company reviews/complaints • Educates public on scams • Dispute resolution • Improves business/consumer relations and promotes trust • Evaluates charities and advertisements What BBB does • Businesses, customers/consumers, government within the Greater Los Angeles, San Jose and Silicon Valley areas Target Audience • 100 year brand recognition as a proponent of ethical business standards and practicesUniqueness
  • 4. Facilities, People Power and Organization • A 501c6 nonprofit organization with 2 offices located at San Jose CA and Los Angeles CA • Has 37 employees BoD CEO Department Heads Staff
  • 5. • “flatter organization”. Organization works because the low level positions are independent and specialized with low complexity tasks Span of Control • “line position” – everyone reports to a boss. Minimal to none vertical information flow problemUnity of Command • Must establish a Marketing department/staff • Staff replacement during absence Stability • the “line position” helps the efficiency of the organization because everyone knows to whom they need to report and from whom they get the directions from. Efficiency
  • 6. GOALS Increase claims settlement to 90% 1 10% Revenue growth by increasing new business membership to BBB located in the Los Angeles, Silicon Valley and San Jose regions.2
  • 7. Marketing Strategies Corporate Image Positioning Pricing Product Distribution Promotion Marketing Information System Strategy
  • 8. • Protect reputation ALWAYS. • Create promotion of the BBB logo and seal of approval • Enhance customer feedback Corporate Image Strategy • Market leader - a source of ethical and trustworthy advice, assistance since 1912 Positioning Strategy It is true that integrity alone won't make you a leader, but without integrity you will never be one. Zig Ziglar
  • 9. • Reasonable Profit Strategy – make the price of the membership affordable and non- discriminatory to small and big businesses. $425 (currently) Pricing • Core: Business Reviews, customer dispute resolution, Accreditation, Seals & Memberships/partnerships • Peripheral: Customer education, Advertising review • Revenue Strategy: Free to consumers, supported by memberships/partnerships, fundraising Product
  • 10. • Create ads that directs to a unique landing page or gathers data on “hits” generated. Provide a hotline for consumers to call that also gathers data where high frequency callers using area code recognition. Use Google analytics on BBB website as well as keyword search to determine competitor’s keywords. • Conduct surveys or performance reviews for feedback • Monitor as well as encourage consumers and businesses to include the #proudBBBmember in their social media campaigns Marketing Information System
  • 11. Website Data BBB Should Be Tracking • Landing Pages that lead to the most conversions Landing Page – The first page a website visitor lands on when visiting your website. Conversion – A successful completion of a website goal (such as making a donation, membership sign-up) • Traffic Sources that lead to the most conversions • Pages with the highest Exit Rate Exit rate - The percentage of website visitors that leave from a given page instead of clicking to view another one
  • 13. • Add more value and services to the membership package • Buying lists of new corporations and sending out mailers • Social networking to make it more relevant to gen x, millennials, gen z. • Personal selling - develop personal relationships Promotion
  • 15.
  • 16. Revenue Components Dispute resolution - BBB Auto Line rent virtual space on website rent customer database advertisement through website & mobile app company seminars on better business practices & arbitration fees (CRM Solutions, Customer Service Trainings) Donate button (website)/pledge a program Membership Fees Create a Business Ethics book