Marketing Analysis Report: Toddler's Warehouse Childcare Services

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Added on  2020/04/01

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This report offers a comprehensive marketing analysis of Toddler's Warehouse, a childcare and development facility catering to toddlers aged three to five. It outlines the company's mission, vision, and the range of services provided, emphasizing its unique selling propositions, such as dedicated childcare and educational activities. The report details the market segmentation, focusing on demographics and working parents, along with a clear identification of the target market. It assesses the positioning of Toddler's Warehouse and highlights its competitive advantages, including specialized training and innovative learning programs. Furthermore, the report provides strategic recommendations for business enhancement, such as recruiting paediatricians and expanding into Asian markets, to enhance the overall development of the children and business growth.
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Running head: MARKETING
Marketing
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Recommendation
It is recommended that the Toddler’s Warehouse should ensure that paediatricians and
child counsellors are also recruited to ensure that the care of the children could be taken
efficiently. Moreover, child counsellors are essential in order to ensure that the counsellor could
counsel any issue faced by the children successfully. The Toddler’s Warehouse, might consider
expanding in the Asian countries as well. Since the cultures of the Asian countries are changing
rapidly, and most of the parents of the children are working nowadays, hence the Asian market is
a good scope of expansion for the Toddler’s Warehouse. The changing culture increases the
demand for such day care centres for the children (Lamb 2014). Thus, in order to cater to the
needs of the Asian cultures, the expansion strategies could be considered. Another
recommendation that could be made includes that the best quality food are served to the children
according to the diet prescribed by paediatricians and dieticians (Venninen et al. 2014). This will
attract more customers and parents to keep their children in the Toddler’s Warehouse, as they
would be assured of the health and safety of their children. This assurance will increase the
customers, thus enhancing the business of the company (Lamb 2014). It is also recommended
that the positioning of the Toddler’s Warehouse be made near the office areas, such that the
office going parents could drop and pick up the children while going to the office or coming
back. These recommendations, if implemented in the company will ensure the enhancement in
the business of Toddler’s Warehouse.
Conclusion
This assignment highlights the marketing strategy and marketing management of a full
service childcare/ development facility that cares for toddler’s of the age three to five, named
Toddler’s Warehouse. The mission and vision of the company has been described in details
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along with highlighting the various services that are provided to the customers. The unique
selling propositions of the company include treating the children with care, along with ensuring
that they are engaged in positive extra-curriculum activities. The company also ensures that they
children learn the basic numbers and alphabets, while in the day care centre. The market
segmentation of the company is done based on demographics, full time working parents, as well
as two-income working professionals. The target market has been identified appropriately, such
that the company is able to reach their target market successfully. The positioning of the
Toddler’s Warehouse is good, and ensures high business of the company (Venninen et al. 2014).
The competitive advantages of the Toddler’s Warehouse include specialised training, innovative
learning programs and facility tours. Thus, the company is able to gain advantage over the other
similar childcare centres, thus ensuring effective business. Few recommendations have been
suggested, that could be implemented in the Toddler’s Warehouse, such that the enhancement in
the business along with attracting more customers will be seen. Since childcare centres have a
key role to play, in shaping the future of the children, hence it is important that the Toddler’s
Warehouse focus on the overall developing of the children, along with enhancement in their
business.
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References
Lamb, M.E., 2014. Child care in context: Cross-cultural perspectives. Psychology Press.
Venninen, T., Leinonen, J., Lipponen, L. and Ojala, M., 2014. Supporting children’s
participation in Finnish child care centers. Early Childhood Education Journal, 42(3), pp.211-
218.
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