champions academy
DESCRIPTION
Michael DeMarco – Owner/Supervisor. Champions Academy. Target Market - Demographics. Target Market - Psychographics. Secondary Research. Growth Potential- 2 Years from now I hope to be able expand my staff to five camp counselors and 100+ kids attending my camp. - PowerPoint PPT PresentationTRANSCRIPT
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CHAMPIONS ACADEMYMichael DeMarco – Owner/Supervisor
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Target Market - Demographics
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Target Market - Psychographics
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Secondary Research
Growth Potential- 2 Years from now I hope to be able expand my staff to five camp counselors and 100+ kids attending my camp.
2 Major Competitors: Varsity Soccer Camp, YMCA
My competitive advantage is that I have a different sport every day and it is with kids from all around the area.
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Secondary Research- ContinuedMore than
12,000 day and resident camps exist in the US
Each year more than 11 million children and adults attend camp
The number of day camps in the US has grown by 90% in the past 20 years
Of the estimated 12,000 camps in the US, approximately 7,000 are resident camps and 5,000 are day camps
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Secondary Research - Continued Benefits
• Physical activity and exercise• Ability to build skills not
taught in most schools• Increased sense of
independence and confidence due to being away from home
• Competitive edge for college and future careers
• Enhanced social dexterity as kids get out of the house
Having kids go to camp is a good way to get rid of the kids while you work
and allows them to become independent while having a blast at
summer camp
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Market Research
There are plenty of families that can afford a more expensive camp for their kid so I can start with skimming
POPULATION
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Twitter Poll
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Twitter Poll - ContinuedPrimary Research Results1. The information that I
gathered shows me that I will definatly need to lower my prices because they are to high even though I am doing skimming strategy. It shows me I could change my sports a little bit too to have different sports than what I have. Also that I made the right move by having a different sport each day.
2. This will change my marketing strategy because I will need to change my price as well as the sports on specific days.
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SWOT
Strengths- I am outgoing and great with kids and have a vast knowledge about sports
Weaknesses- This will be my first business ever and will need to become a stronger leader to own a camp
Opportunities- I have big opportunity to become an entrepreneur in this field and make a big difference in these kids lives.
Threats- I am young and have no experience running a business but I need to start somewhere.
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Pricing Strategies
SKIMMING PRICING STRATEGY
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Promotional Strategies
Boys and Girls Club, Derry chamber of commerce to market business, PTA school meetings
10% off if registered before July 12th
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Business Model
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Advisory Board
Attorney: Brian Germaine- Lawyer and has coached kids soccer for 20+ years- Family FriendSteve McDonough- Owner of the Coach Stop Restaurant- Help with starting and keeping a business running Loretta DeMarco- Mom- GM of Fratellos Banquet Facility- Does the books with her boss for Fratellos and is part of the chamber of commerce
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Letterhead & Business Cards
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Barbara- beauty.about.comJonathan- www.fcas.nova.eduMarried Couple-cnsnews.comCollege Kids- www.latina.com Worker- www.youngadultmoney.com Family- www.frugalcouponliving.com Family 2- www.haleydempsey.comActive Parents- statusfitnessmagazine.comHealthy Kids- ahoramilwaukee.com Interested Parents- www.bettyfordcenter.orgSkim Boarder- blog.al.comPool Skimmer- images.yourdictionary.comSole Proprietorship- business.dnb.comOpen For Business- www.businessmatika.ru Kids Playing Soccer- sports-pictures.feedio.net Varsity Soccer Camp- http://www.pinkertonacademy.net/athletics/summer/documents/soccer_camp.pdfYMCA- nccnews.expressions.syr.edu
PTA- pattonpta.com10% Off- www.123rf.com