Whitecaps..
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Transcript of Whitecaps..
Whitecaps’ Strategic Marketing Plan
By:Catrina McCraeChloe Fernandes
Nia DadbehTasha Ng
Three Princesses and The Pea presents:
Introduction
• Who are the Whitecaps?– Vancouver Whitecaps
• 1974 Established• 1984 Transformed into Canadian Soccer League• 86ers• 2000 David Stadnyk changed name back to
whitecaps
Introduction
• How will we help them?– Marketing mission and objectives
• Accurate strategic marketing plan• Expand fan base and increase ticket sales
Strategic Focus and Plan
• What is our mission?– Create strong growth foundation– Whitecaps Vision:
• Become one of the best sport franchises in the world
• Help grow the sport of soccer in BC and Canada• A significant community asset
– Achieve Whitecaps’ goals
Strategic Focus and Plan
• What is our product and marketing objectives to reach our mission?– Entertain and increase interest in Whitecap– Market to a broader audience– Increase the brand’s prestige– Increasing awareness
SWOT Analysis
• What is a SWOT Analysis?– “organization’s appraisal of its strengths,
weakness, opportunities and threats”– “[help] identify the strategy-related factors in
[the four categories]”
SWOT AnalysisSWOT Analysis Table for Whitecaps
Location of Factor
Type of Factors
Favourable Unfavourable
Internal Strengths Weakness
•Youth clubs promote awareness• "help create the fittest generation of
youth in BC by 2020"• summer camps
•Offers women and men soccer team•Residency
• Returning players• more recognizable
•not as recognizable as other sports teams•Donations for vision to develop
• Residency, youth clubs, summer camps and etc.
•Youth camp locations may not be convenient to some parents.•Overpriced seasonal tickets
External Opportunities Threats
•Partnership and sponsorship with BELL• Create awareness
•Four year partnership extended with Bank of Montreal
• Youth and professional programs
•Other more popular and recognizable sport teams
• Take away attention•Competition for sponsorships and partnerships by other sport teams.•Other sports events and camps that will decrease the ticket sales.
Target Market
• What is a target market?– "a specific group of consumers that can either
be existing or potential future consumers that an organization would like to directly target its marketing efforts towards"
– Geographic, Demographic, Psychographic and Behavioural
Target Market
• Geographic– Country, region, province, city size, urban,
suburban and rural– Lower mainland
Target Market
• Demographics– Interrelated with geographic– Age, gender, income, family cycle occupation
and ethnicity.– 18 to 45
• Ability to afford game
Target Market
• Psychographic– Consumer attitudes, beliefs, interests and
opinions– Interest in sports– Attitude towards spending money on game
and entertainment
Target Market
• Behavioural– Why consumer purchase, how they use
product, and the benefits the product provides– Satisfaction
• Brand Loyalty
– Handicap parking for disabilities
Target Market
• Point of Difference– Distinguishes its product from other
competitors– Look at other sports team
• Question why some people prefer to go to other games
Marketing Objectives
• What are the marketing objectives relative to the target market?– Must relate to target market
• Efficiently market to target market
Marketing Objectives
• Geographic– Lower mainland– Urban families becoming more common
• Watching sports as a social event
– Capture lower mainland’s attention• Create awareness for Whitecaps
Marketing Objectives
• Demographics– 18 to 45 with disposable income– Income plays huge role
• Increase ticket sales revenue
– Maslow Hierarchy of Needs• Physiological and Safety needs
– Create interest for newer generation while maintaining older generation’s interest and preferences
Marketing Objectives
• Psychographic– Healthier lifestyle– Children obesity
• Youth clubs and summer camps– Create loyalty for parents
– Provide activities to capture interest to increase seasonal ticket sales
Marketing Objectives
• Psychographic– About 10.9% of obese British Columbian were
surveyed and 7% of the 10.9% were between the ages of two and seventeen in 2007
Marketing Objectives
• Behaviouristic– How can the game benefit consumers?
• Atmosphere in stadium– Sit/stand while watching games– Make noises
– Increase brand loyalty within the consumer• Determining how product can benefit them
– Increase returning fans
Strategic Marketing Plan
• How are we going to promote Whitecaps through the process of marketing?– Increase the number of annual seasonal ticket
sales– Appeal to new and upcoming generations– Strategies in developing marketing plan:
Produce, Price, Place and Promotion
Strategic Marketing Plan
• Product Strategy– Different ranges of ticket prices 2011
• Seven Packages/levels– $319 to $1482
• Most Expensive season tickets• Minimize cost
– Differentiation Strategy• Family Platinum Package
– Two Adult, two children
Strategic Marketing Plan
• Product Strategy– Branding of the team
• Appealing image• Team and sport increase fan base• Canadian, social and competitive entertainment• Pride
Strategic Marketing Plan
• Pricing Strategy– Minimal level introduction
• Marketing Penetration approach
– Economic Forces:– Most influential factors– Increase taxation
– Competitive forces:• Canucks and BC lions• Attachment to teams
Strategic Marketing Plan
• Pricing Strategy– Difficult for average person to purchase– Lower each package by at least $20– Family Platinum Package goal $750
• Approx: $9.86• Begins with teal >
– First come first serve
Strategic Marketing Plan
• Distribution Strategy– Marketing Channel
• Decide appropriate marketing channel to meet target market
• Cost-efficient and profitable results
– Technological Advancements and Focus• Internet and Ticketmaster
– Awareness shown throughout our strategic promotional strategy
Strategic Marketing Plan
• Promotional Strategy– Pull Strategy
• Directly advertising to our consumer• Advertisements on TV and social networking• Relationship with potential consumers• YouTube competition
– Winner: Dual seasonal pass in Yellow Section
• 8 ½ by 11” magazine ad featured in Georgia Strait– Sponsorship deal with Georgia strait
Strategic Marketing Plan
• Promotional Strategy– Personal selling to increase awareness and
build relationship• Ability to sell product on personal level• Women role models to help Personal selling
– PR and marketing department train
– PR maintaining brand image as positive• Difficulty addressing outrage from Whitecaps fan• Reassure public price are being lowered and
changed
Strategic Marketing Plan
• Promotional Strategy– Consumer promotions/Sales promotions
• YouTube contest to draw huge audience– Hyper and Awareness for team and game
– Direct Response• Internet• Sign up for email blasts
– Promote product, contests, ETC.– Notifications by mails
Budget
• What is a budget?– Financial plan that allows organization to keep
track of cash inflows– Balanced budget, budget surplus, and budget
deficit
Budget
• Advantages:– Coordinate activities among departments– Identify organization’s resources, revenues
and activities– Improved allocation of resources– Give businesses a clear picture on carrying
their activities
Budget
• Disadvantages– Time-consuming– May not work according to plan– Limit and restrict business from making
changes– Predictions and does not take in account
changes in economy
Budget
General Expenses Cost in Dollars CADGeneral Manager Salary 7,000.00
Stadium Rental (looking into finding an amount)
Administration 1,500.00
Accounting & Legal 1,100.00
Advertising & Promotions 1,000.00
Promo Advertising 1,500.00
Food 1,000.00
Beer Garden 10,000.00
Sponsor Fees 5,000.00
Volunteers Fees 400.00
Coordinator Fees 6,500.00
Licensing/Permit Charges 2,500.00Web Design & Hosting 850.00
Budget
Intern Expenses Cost in Dollars CAD
Ticket Operations Intern $650 per month
Multi-media Intern $650 per month
Culinary/Catering Intern $1000 per month
Food and Beverage Interns $700 per month
Facility Maintenance Intern $700 per month
Grounds keeping Intern $800 per month
Evaluation and Control
• What are the two methods we will use to measure the market plans’ success?– Anonymous survery
• Age groups
– Comparing Finance and budget from last and current year• Increase Revenue Sale? Decrease Revenue Sale?
Evaluation and Control
• What are the two methods we will use to measure the market plans’ success?– Researching and Analyzing– Possible contract with affiliates– Determine target market and audience– Better view on how our strategic plans’ goals
and objectives affect target market– Communication
• Accurate information for concise way