Marketing Plan (August 4, 2004)


Mission Statement

To be the premier supplier of low carb products in the Okanagan valley.


Objectives

The mission of Low Carb Lifestyles Market is to stand out from the competition, provide quality service and create a friendly, comfortable environment in which to shop.  Shopping at the Market should be enjoyable, easy and memorable. Customers should leave feeling that they got excellent quality and service for their money. In addition the company would like to expand into e-commerce and the private label arenas. The objectives are to look for innovative low carb products and local suppliers. The goal is to be the first and as often as possible the exclusive distributor of the products in the region. By buying locally we will increase regional awareness and develop goodwill within the community. There are several marketing ideas currently in place or under development.


Target Market

A large majority of the Markets customers are 30 to 55 years old, 80% women and 20% men. These customers are low carbers and diabetics in most cases. Men do seem to make higher dollar purchases just from observation.


Marketing Strategies

Castanet

Low Carb Lifestyles Market is currently writing a weekly column posted on www.castanet.net . It features customers, covers relevant information and introduces various aspects of the Market. It is a soft sell tool that seems to inspire customers to visit the store and follow the low carb lifestyle.

Cookbook

A compilation cookbook of customer and suppliers low carb recipes would be written. Credit will be given to customers who contribute along with a 10% off client card valid for 6 months. Suppliers would be approached and asked to contribute recipes for their products along with a co-op advertising deal signed that would give us the authority to use their name. We may also ask for money to cover the cost of writing the book and finding a publisher or publishing it ourselves. It will be marketed over the Internet, sold to competitors and available in store to the customers. This will increase purchases of products as the customer would have recipes to follow and ideas of how the products can be used.

Billboards

Currently a billboard featuring a customer can be seen on Hwy 97 as you head into Kelowna from the Westside. This billboard should remain and be changed every 3- 6 months to create recognition and remind Customers on the Westside and travellers that the Market is convenient for them.

860-SLIM

The telephone number needs to be used in all advertising as is.

In- Store Promotions

A system of in-house promotions should be implemented based on stock levels etc. A review of what is working needs to be done to discover what customers respond to. Case lot sales seem to be effective.

Product Knowledge

Team members should be trained on low carb, the products and the competition. They need to be able to direct a customer to buy without seeming pushy or overly zealous. They need to be given direction as to what to ask to illicit information that will help them sell products based on the customer’s needs, likes and dislikes. Questions are a good way in which to get the customers talking about themselves and excited about their new lifestyle which in turn will create an atmosphere for buying.

Television Show

A cooking show is currently in development with a local production company. A spot will be created specifically for low carb. Low Carb Lifestyles will consider sponsoring the weekly episode to create community awareness of the store and to make the Market a household name in the region.

Seminars

Monthly seminars may be held with guest speakers. It could be in the form of a ladies luncheon creating an atmosphere in which to try low carb foods and develop a support group. It could simply be an evening seminar at a local fitness facility. A charge for the seminar will be applicable.

Customer Loyalty Program

It is important to reward loyalty and a loyalty program must be developed that is second to none. Research into what works best must be done and a formula created. It should be a cash back or discount program for different levels of purchasing.

E-commerce

An e-commerce site is under construction to reach out to communities that have little or no access to low carb products.

Vacation Rentals

Vacation rentals and bed and breakfast establishments are a prime market given the prevalence of low carb. They will be contacted and a shopping list along with recipes will be sent to them giving them the opportunity to provide an added level of service to their clients.

Flyers

Having a large population in the downtown core is a prime reason to advertise delivery services. Flyers are being specially designed for the downtown office buildings to take advantage of this demographic.

Tradeshows

Okanagan trade shows are a perfect forum for introducing the services of the market to the region. A list of show dates will be compiled along with cost to set up a booth and man it.

Tastings and Samplings

In store product tastings to feature items are currently in use and this in itself has encouraged people to buy items they might never have purchased.

Customer Service

Customer service makes or breaks a business. Staff members must be conscious of this. Customers must be treated with respect and the fine line between harassing them and helping them make a buying decision must be walked carefully. Creating an atmosphere of calm and excitement at the same time must be in place.

Radio and Newspaper Advertising

Humour should be used for all radio advertising to catch the attention of the listener, to make the spot stand out from the rest of the commercials. To create the recognition factor the voice over person for all radio advertising must be consistent. Auditions should be done to find the right voice. Newspaper ads should maintain a familiarity from one insertion to the next so that the ad will be recognized. A slogan needs to be created that will encompass the feeling the Market wants to portray. A jingle could be created as well to add to the recognition factor.

Newsletter

Two e-newsletters have been published and contain specials, tips, recipes and a featured customer. This concept will be continued and written every 2 weeks. Customers say they come in because they have seen the specials in the newsletter. Copies should be available for those who prefer not to be on our mailing list and mailed to those without emails.

Other Strategies

  • Posting Recipes and uses for the products in store is currently being done and has received interest. Giving the customers ideas on how to use the product make the impulsive buy almost guaranteed.

  • Developing associations with restaurants, cafes’ etc to carry low carb products. Placing store signage with the products is important.

  • Developing a brand name that is private labelled for the Markets use. These goods may include bakery items, beverages, protein bars and candies.

  • An in town delivery service may be a consideration especially for elderly customers.

  • The Market has begun to take bakery pre-orders which are proving to be popular in its first week.


Future Plans

Future plans may include franchising, a wider range of products to incorporate any up and coming lifestyle trends. Staying ahead of the trends will be beneficial to the Market.


Conclusion

The implementation of all or a combination of the above marketing strategies will strengthen the Markets position as the Okanagan’s premier low carb market.



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