This document discusses the importance of developing a marketing strategy for a beauty clinic, including identifying target customers and analyzing competitors. It also explores the significance of gaining customer feedback and implementing corrective actions to improve market performance.
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1 Marketing task Name Institution Date Task 1: impact of marketing strategy Before developing a marketing strategy it is was important to identify business position and idea that the beauty clinic will hold in the market. Essentially, it is a linchpin to know target customer, their problem, interest, needs and how you can do better. Further analysis of competitor can help you modify your products to fill the issue they face or advance the product accordingly. This type of data will assist in finding suitable market research and have a unique selling position. For example, it is a good idea to choose social media as it dominantly used in this sector. This includes Facebook, Instagram, and Twitter. Furthermore, website and referral program was used. Marketing toolsIndicatorsRemarks Social mediaComments, likes, followersAttained more than 1000 followers every month making it a success Referrals programRewards, conversion rateMore than half of customer referred us to their friend out of which 3 out of 4 referral become our client, making it be a success WebsiteVisitors, number of booking,More than 200 people either
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2 customer queries, and feedback enquired or visited the site but only 5% were converted to a customer, therefore, conversation rate was low Secondly more booking was able to book through the website meaning that there are potential of growth if customer get used to booking online . Task 2: gaining customer feedback 1Seek customer feedback Customer feedback is valuable to step of obtaining ideas to enhance the enterprise. When scouting for feedback is good to make the process easy for the clients to offer their ideas and suggestion for improvement (Business.gov.au. 2019). Secondly, it is necessary to implement changes as per the feedback received. Lastly, the business should recognize an individual for taking part in giving their feedback. Reaction on customer feedback
3 Feedback is collected using survey, comments on websites or product review, and social media likes and comments. Positive feedback shows that the customer is happy and is reflected in positive comments and like. For negative comments means that customer are not satisfied and something needs to be done (Business.gov.au. 2019). Through this feedback, one has an opportunity to improve customer services and business processes. Additionally, it gives you a chance to address customer concern or complains and turn the experience to a commendable one. Obtaining the feedback further allows the organization to improve the product or differentiate the product from the competitor. Taking time to assay and take suggestion may result in increased customer and referrals, positive word-of-mouth, and increase overalls sales and incomes. To continue seeking customer needs and expectation, the business will do the following to encourage feedback. Form or surveys Survey and forms will be printed and placed in the sales counter and reception. When such a form is dully filled. It worth to tell the customer to answer correctly as it is used to improve service delivery. Also, on the website survey will also be placed and letting people comment on webpages and blogs. Social media channels Social media engages individual by posting questions regarding good and services, and directly requesting for feedbacks. Other tools such as surveys and polls can help collate the feedback. Email or phone feedback
4 A toll-free number or email will be available for the customer to contact in case there is any complaint or suggestion. After sales follow up Customer can be asked directly, face to face about the services he has received. Alternatively, the customer will be contacted 1 to 3 business day through phone or emails about the services he received. Reviewing customer data Gain insight into customer trends and preference is important. For instance, its sales are high after lunchtime, then more staff will be added during that time. Task 3: correction action Filling performance gap Collecting feedback and implementing changes is important. In regard, employees must be informed about the changes and capacity to enforce them. For that reason, personnel will be well-informed, goals defined, and proper training instigated. Some of the method to improve market performance includes Engaging employees
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5 Workers are most productive assets in the beauty industry. By developing a workplace setting that supports innovative thinking and actions will motivate the employee to share skills, suggestions, experience, and recommendations. Encouraging customer service culture It encourages proper customer service within the workplace, adequate recognition program will be started. Those who perform remarkably are given tokens like gifts, cash, and bonus. As such, it will contribute to the sharing of ideas, honest and open individual and encourage people who are self-drive and take initiatives. Leading by example Employee love leaders who take action rather than words. The business leader would be the first people to take specific roles that increase marketing position by providing new thoughts and encouraging others to follows. Besides, one should be easily approachable and open communication implemented. Offer training Providing necessary training immediately after determining the employee skills gap is Offer training Proving training and education staff that will inspire new approaches and thoughts to the enterprise. They will incorporate additional ideas and business will gain from possible new techniques and the idea that they have learned.
6 Communication Communication help improves performance as efficient communication help individual to receive marketing framework, understand them and receive feedback from management. From such employee are able to understand the vision, culture, and objective of the company. By doing so, they can effectively implement marketing strategies set forth by the institution.
7 Task 1 Task 1: key products product– Beauty therapy services such as massage, waxing, and facials Task 2: environment analysis The Australian government connotes hairdressing sectors as hair-related services including facial, coloring, styling and waxing. The beauty therapy sector has increased over the past decade. Growing population and rising image consciousness have precipitated demand for beauty treatment products. The propelling popularity of beauty treatment like microdermabrasion and laser hair removal has increased earning in some segment. But declining consumer sentiment and weak household earnings have hindered expansion over the periods. It is expected that industrial revenue will continue to rise at a rate of .0.8% per year reaching $6.5 billion this year. In 2017, the industry had employed a total of 54,400 which will reach to 58,200 by 2022 In 2018, the skills which were in demand include speaking, active learning, services orientation, and critical thinking as shown below.
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8 Occupations and in demand Forecast There are growing trends towards business offering beauty treatment like makeup services and waxing. This is consistent with current trends towards services diversification across the industry. Business can also provide free Wi-Fi, booking, drinks, and foods in order to attract customer as well as adding value proposition of the firm. This suggests employees may require a wide range of skills in beauty service and customer care. Further, there is the importance of social media presence in the beauty industry. Consumer spends significant time researching product purchase, comparing option and reading testimonial using social media. This means that the enterprise needs to build and sustain social media presence to gain a competitive edge within the sector.
9 Task 3 The region will serve middle-class customer whose ages range from 20 to 45. Most of these customers are women but there will also men. The business will further maintain focus on retired individuals who are available during the day. Customer will come from Greencare and its environs as well as visitors who come within the region. Task 4: competitor analysis Beauty On Boronia Beauty salon16-18 Boronia Rd Phone number · +61 2 9793 2799 This company has been operating for six years and has 22 employees. Its main strength is that it has been operating for long and it has awider customer base as it has well-trained beauty therapist. However, weakness of it is that it is still using traditional equipment which new customer may fail to adopt them. Kim's Holistic Beauty Therapies 2/46 Mimosa Rd Greenacre, NSW Phone: 02 9793 2992 The institution has been operating for fifty making it the oldest clinic in the town and has more than 200 employees. It has key strength which makes it outstanding within the region. It has a
10 variety of service such beauty therapist, makeup artist, hairdressing, nail therapist and so forth. To start, it has qualified experts with adequate training. Secondly, located strategically where it can be accessible to a wide range of customer. Additionally, its customer can access different business entity branches promoting its brand holistically. On the dark side, the company has a lot of delays and complains due to overcrowding place. Sophies beauty room Location: Shop 7, 57 Mimosa Road, Bossley Park, 2176 Store: 02 9823 2308 Email: contact@sophiesbeautyroom.com.au OPEN HOURS Monday: 10am – 7pm Tuesday: 10 am – 7 pm Wednesday: 10 am – 8 pm Thursday: 10 am – 7 pm Friday: 9am – 5pm Saturday: 9am – 3pm Sunday: CLOSED
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11 Public Holidays: CLOSED The company was established in 2001 with 33 customers. This enterprise has a competitive advantage because it has 24 hours online support system, the high customer base of more than 700 loyal customers. Also, it operates to more than one place including Western Sydney (Near, Abbotsbury, Prairiewood, and Wetherill Park) and Bossley Park. However, its weakness is that it has a poor management system. Task 5. Marketing mix The company aims at using social media advertising as the main source of reaching to the customer and extending its brand nationally. First, the company will start to increase its social media such as Facebook, Instagram, twister by being consistent with it while talking to a customer while using promotional ads attract a potential customer to like, follow and watch pictures and video in our channel. The second approach will use its referral program where our loyal customer will be ambassador to our shop. Every referral earns a 50% discount on the normal price. This will encourage them to invite their friend to our shop. Thirdly is using the company website to communicate and update thing to the customer. To increase its ranking on searching, we will pay third parties to host our link to their website as well as to conduct SEO. Therefore, will be able to lure more potential customers Social media
12 Social media involves online communication channel that will help the business to share information and communicate with clients instantly. These platforms can assist the firm reach potential and existing clients, establish online community promote and sell your goods and services. Some social media services like YouTube, LinkedIn, Twitter, and Facebook can be used to increase market reach, collaborate with people and expand business networks. Hence it will promote our products. Website The website presents many benefits and opportunities for the entity. With the customer being able to access a broader range of products means that information is reachable to many people and one cannot miss a thing. Further, the website allows the product to be described in details and get information about the world about them. Hence it promotes our products. Task 6: Digital devicesand effectiveness Social media and websites are two types of technology that will be used by the business. Social media Social media involves online communication channel that will help the business to share information and communicate with clients instantly. These platforms can assist the firm reach potential and existing clients, establish online community promote and sell your goods and services. Some social media services like YouTube, LinkedIn, Twitter, and Facebook can be used to increase market reach, collaborate with people and expand business networks.
13 Effectiveness of social media Social media facilitate communication with the customer, help to find what people are explicating about your services, products and brand, importantly, it can be used for promotional gateways and advertising. Moreover, it can be used to reduce marketing cost, build customer loyalty, escalate sales, and increase brand exposures Website The website presents many benefits and opportunities for the entity. With the customer being able to access a broader range of products means that information is reachable to many people and one cannot miss a thing. Further, the website allows the product to be described in details and get information the world about them Significance of website is that it gives the shop digital shopfront, increase target audience, allow your enterprise to operate 24/7, allow individual access the product any time, improve business productivity and efficiency, enhance brand and increase customer engagement. Task 7 Ethical marketing Ethical marketing regard to the use of correct and acceptable standard when conducting advertisement, marketing, pricing, and labeling products. As a moral institution, to false information should perpetuate to gain a competitive edge over rivals or lure customer (Business.gov.au. 2019).One is supposed to strictly observes existing laws ranging from Competition and Consumer Act 2010(CCA), labeling required by customs, obey industry- specific policy such as health acts, compulsory products standard as per CCA. Further, the
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14 environment and employee also should be protected. This ensures that the business operates ethically without offending or breaking ethical codes. Part 2 Task 1: Business goal and objectives Lamar beauty aims at quality products, excellent skin, and hair care, in a peaceful, comfy environment. It will further offer a friendly work setting, respecting diversity and hard work. Objectives To develop service-based enterprise whose goal is to meet customer satisfaction
15 To increase the number of consumers served by more than 20% every year through a remarkable performance To build a sustainable start-up entity, contributing profits to business and employment to the society Ensure commitment to the employee by employing and retaining qualified workers, training them and supporting their holistic growth. We believe that the happiness of employee transforms into supreme customer service Task 2: Product and prices 1.1PRODUCTS AND SERVICES ProductsTreatmentTimeCost Organic InfusionFacial50 min&12 0 Organic ExpressFacial30 min$90 New age limit TherapyFacial45 min$140 Dermalogica activeFacial60 min$150 Facial treatment Light Therapy (LED) Power Series 4 x 30 min $310
16 Glycolic Peel (15-25%) Power Series 4 x 30 min $300 Hydro-microdermabrasion Power Series 4 x 30 min $300 Restore Power Program ,, 3 x treatm ents $500 Massage Remedial50min$130 Deep Recovery60 min$120 Organic Relax60 min$120 Customized Relaxation60 mins $130 TINTING Last + brow tint$45 Brow Tint$25 Last tint30 Waxing Back$40
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17 Upper Lip$20 Brazilian$70 G-string$55 Half Leg$45 Eyebrow$30 Brazilian maintenance$50 ï‚·promotion Website, social media, and referral program as discussed in Website and social media are prevalently used in Australia. Media such as Facebook has grown and becomes the most widely used site within the country. A recent statistic shows everybody uses Facebook hence becoming an important tool to get customers. Demographic information indicates that youth from 18-29 year are major users accounting of 87% of users. 53% of who are females and 47%. In effect, social media will become one important avenue to attract customer to promote sales and profits. To generate sales, videos, and photos will be posted every day on the social media site. Also, some post will have special featuring like coupon code so as to aggravate more sales on Facebook. Besides, the customer will be encouraged to post pictures of their own tagging the organization official page during or after our services has been rendered. Through this, the
18 company can successfully make super profits. The website reveals products and services in details which can be accessed 24/7. As such, more picture, price, products can be published so that customer can have a holistic perspective of the company. Trough daily blogs, customer can read material and importance of our service, therefore, promoting more sale Social media and website is an ideal platform for our customer as real-time response and information can get there. Moreover, the customer has access to the internet, due to the tech- savvy of our society, using the means suits the purpose. For the company, there is less cost associated with online adverting and also reach a wide reach people. Hence it meets most company and customer needs. Task 3: Staff role and responsibility (Social market and web manager) ï‚·Planning, organizing and developing advertising campaign and policies to promote sales and its objectives. ï‚·Advising management and clients on advertising campaign and strategies to accomplish market targets ï‚·Creating customer awareness and successfully promoting features of company products ï‚·Examining information concerning client pattern and preference to predict current and future market trends ï‚·Researching on demand prospects and market of new products as well as identifying new opportunities ï‚·Advising management on pricing, products mix, sales promotion, distribution, and selling Cost
19 Search Engine Marketing (SEM) activities In-app advertising ($300) Branding and artwork (50) Online advertising ($100) Market research ($200) Giveaways and competitions ($130) Salary ($60,000) Time framework The employee will permanent and a decision will be based on 2 months period.
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20 References Business.gov.au. (2019). Social media Retrieved fromhttps://www.business.gov.au/Marketing/Social- media Business.gov.au. (2019). The 5 Ps of marketing Retrieved from https://www.business.gov.au/marketing/advertising/the-5-ps-of-marketing Business.gov.au. (2019). Complying with the Competition and Consumer ActRetrieved from https://www.business.gov.au/products-and-services/fair-trading/complying-with-the-competition- and-consumer-act Business.gov.au. (2019). website Retrieved fromhttps://www.business.gov.au/marketing/websites