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[Share-My-Toys Membership] Marketing Plan. [Jiahui Lu]. Success Metrics. Sell 200 memberships per year Maintain high customer satisfaction Develop indirect earnings Interest on membership monthly payment program Sales of used , out-of-date equipment. Market Summary.
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[Share-My-Toys Membership]Marketing Plan [Jiahui Lu]
Success Metrics • Sell 200 memberships per year • Maintain high customer satisfaction • Develop indirect earnings • Interest on membership monthly payment program • Sales of used, out-of-date equipment
Market Summary • Maximum memberships: 800 • Current memberships: 218 • Current members live in: • Montpelier, ID • Soda Springs, ID • Fish Haven, ID
Additional Target Locations • Preston, ID • Logan, UT • Afton, WY
Product Definition • Membership in Share-My-Toys provides the following services: • Unlimited use of equipment • Free service, maintenance, and replacement of equipment • Membership lasts for three years
Competition • Retail recreational equipment stores • Recreational equipment rental companies
Overcoming Disadvantages • Institute low-interest monthly payment program • Open distribution centers in more cities
Advertising • Local radio • Local TV • Local newspapers • Advertisement mailers
Public Relations • Conduct public ATV and dirt-bike safety courses • Participate in local outdoorsman radio talk shows