crossfit oryx marketing plan

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Narjis Premjee Musab Ahmed Popatia Bilal Anwer Sheikh Anas Farah

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Page 1: CrossFit Oryx Marketing Plan

Narjis Premjee Musab Ahmed Popatia Bilal Anwer Sheikh Anas Farah

Page 2: CrossFit Oryx Marketing Plan

COMPANY

Crossfit Oryx was established in January 2013, under the official CrossFit™ label, by Pete Collins, former UK Royal Navy fitness instructor. The gym is located in Doha College and has around 100 members and three coaches.

ANALYSIS MARKETING MIX ACTION PLAN INTRODUCTION

Page 3: CrossFit Oryx Marketing Plan

OBJECTIVES

ANALYSIS MARKETING MIX ACTION PLAN INTRODUCTION

200 New Customers Break even within four months

Page 4: CrossFit Oryx Marketing Plan

PROBLEMS §  No clearly defined marketing strategy for the new location

§  Misperceived as high intensity training program only catering to fit people

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Page 5: CrossFit Oryx Marketing Plan

MARKET SITUATION MARKET SITUATION •  Increasing health awareness in Qatar •  Greater number of traditional and

CrossFit gyms

PRODUCT SITUATION •  First CrossFit affiliated gym in Doha •  Originally located in Doha College

–  100 current members

•  New location opened in West Bay •  Target Market: expatriates •  Most popular pricing package: QAR

1000 per month

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Page 6: CrossFit Oryx Marketing Plan

MARKET SITUATION COMPETITIVE SITUATION •  CrossFit Quwwa •  LiveLife CrossFit •  Traditional gyms •  Yoga and Zumba •  Traditional sports

MACRO ANALYSIS •  Highest GDP per capita in the world •  Increase in real estate prices (rent) •  Increase in the number of CrossFit

gyms in GCC

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Page 7: CrossFit Oryx Marketing Plan

SWOT

STRENGTH §  Qualified trainer §  Low turnover and satisfied customers §  Sense of community

WEAKNESSES §  Misperceived brand image §  No official marketing strategy

OPPORTUNITIES THREATS §  Potential of attracting customers §  Supportive macro conditions

§  Increasing competition from Crossfit Gyms

§  Former Crossfit Oryx customer opened his own gym

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Page 8: CrossFit Oryx Marketing Plan

CURRENT PROMOTION STRATEGY

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

§  Relying on word of mouth §  Facebook and Instagram accounts §  Ranked 1st on Google for “Crossfit Doha”

Page 9: CrossFit Oryx Marketing Plan

PRIMARY RESEARCH

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Gym Industry Survey §  29 participants drawn from

a convenient sample

Crossfit Survey §  48 participants from the

only two current Crossfit gyms in Doha

Page 10: CrossFit Oryx Marketing Plan

OUR NEW POSITIONING

INTRODUCITION ACTION PLAN ANALYSIS

“Your Passion brings you here, the community will keep you going”

MIXED WORKOUTS GROUP WORKOUTS

NEW POSITIONING STATEMENT ‘To give gymmers the feeling of belonging to a community’

MARKETING MIX

Page 11: CrossFit Oryx Marketing Plan

IDENTIFYING THE TARGET MARKET

Individual

Segregated

Mixed & Group

CrossFit Oryx

Members

INTRODUCITION ACTION PLAN MARKETING MIX

ANALYSIS

Page 12: CrossFit Oryx Marketing Plan

PRICE

§  Premium brand image §  No change in price

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 13: CrossFit Oryx Marketing Plan

PRODUCT

§  No changes to the core offering of CrossFit §  Community is a product

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 14: CrossFit Oryx Marketing Plan

PROMOTION

§  Highly targeted Facebook ads §  Ads focusing on community §  Ads for “Breaking Ice” & “Dare to Burpee?” §  Social media campaign

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 15: CrossFit Oryx Marketing Plan

BREAKING ICE

Group Workouts Cash Prizes New customers

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 16: CrossFit Oryx Marketing Plan
Page 17: CrossFit Oryx Marketing Plan

DARE TO BURPEE?

Burpee Challenge Crowd participation Educate about Crossfit

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 18: CrossFit Oryx Marketing Plan
Page 19: CrossFit Oryx Marketing Plan

SOCIAL MEDIA

INTRODUCITION ACTION PLAN ANALYSIS MARKETING MIX

Page 20: CrossFit Oryx Marketing Plan

ACTION PLAN

! ! JAN FEB MARCH APRIL MAY JUNE JULY AUGUST Facebook Ads and Content Marketing

! ! ! ! ! ! ! ! !

BI Promo

! ! ! ! ! ! ! ! !

Breaking Ice ! ! ! ! ! ! ! ! !Post BI Promo ! ! ! ! ! ! ! ! !Pre-Burpee event

! ! ! ! ! ! ! ! !

Burpee event ! ! ! ! ! ! ! ! !Post Burpee promo

! ! ! ! ! ! ! ! !

!

INTRODUCITION ANALYSIS MARKETING MIX ACTION PLAN

Page 21: CrossFit Oryx Marketing Plan

BUDGET

FACEBOOK ADS (5480)

FLYERS (540)

DARE TO BURPEE (6000)

BREAKING ICE (11000)

TOTAL: QAR 23020

INTRODUCITION MARKETING MIX ACTION PLAN

ANALYSIS

Page 22: CrossFit Oryx Marketing Plan

SALES PROJECTIONS

0

50

100

150

200

250

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15

New location

New location (w/o campaign)

ANALYSIS INTRODUCITION MARKETING MIX ACTION PLAN

Page 23: CrossFit Oryx Marketing Plan

-150000

-100000

-50000

0

50000

100000

150000

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15

Profits (of new location)

Profits (of new location w/o MP)

FINANCIALS

INTRODUCITION MARKETING MIX ACTION PLAN

ANALYSIS

Page 24: CrossFit Oryx Marketing Plan

CONTINGENCY PLAN

§  Direct marketing budget to social events §  Conduct further primary research §  Experiment with different advertising/outreach platform

INTRODUCITION ACTION PLAN

INTRODUCITION ANALYSIS MARKETING MIX

Page 25: CrossFit Oryx Marketing Plan

QUESTIONS? !

Page 26: CrossFit Oryx Marketing Plan

APPENDIX ADS USED FOR THE CAMPAIGN

Page 27: CrossFit Oryx Marketing Plan

APPENDIX ADS USED FOR THE CAMPAIGN

Page 28: CrossFit Oryx Marketing Plan

APPENDIX ADS USED FOR THE CAMPAIGN

Page 29: CrossFit Oryx Marketing Plan

APPENDIX

Page 30: CrossFit Oryx Marketing Plan

APPENDIX

INTRODUCITION MARKETING MIX ACTION PLAN ANALYSIS

Page 31: CrossFit Oryx Marketing Plan

High cost

Low cost

General Niche

Company & compound sponsored Gyms

ANALYSIS MARKETING MIX ACTION PLAN INTRODUCTION

APPENDIX