Marketing Plan for Health Club

 
 
 
 
This research develops a marketing plan for an upscale health club firm to be located in the DenverBoulder metropolitan area. The health club firm is envisioned as a multifacility organization.

The population of the DenverBoulder metropolitan area approximates 1.9 million persons (Bureau of the Census, 1991). The population in the metropolitan area is growing at the rate of 1.5 percent per year. Approximately twothirds of the metropolitan area population is in the 1864 age group, which is the age group in which most users of health clubs are found (Stein, 1990). A significant proportion of the 18to64 year old population segment in the DenverBoulder metropolitan area is comprised of the socalled babyboom generation. As they age, the babyboom generation is considered to be a prime target for health clubs (Waldrop, 1989).

The mean household gross annual income in the DenverBoulder metropolitan area approximates $38,500. Thus, the DenverBoulder metropolitan area is well able to support an expanding health club market (Stein, 1990).

The major opportunity available to health club operators in the DenverBoulder metropolitan area is the babyboom population component that is now beginning to enter their forties. A second, although smaller opportunity, is found in the 65 years old and older population segment. More and more people in this population segment are seeking to maintain fitness as they age (Wa


     
 
 
 
    

 

Related Essays

MARKETING PLAN: UPSCALE HEALTH CLUB This research develops a marketing plan for an upscale health club firm to be located in the Denver-Boulder metropolitan area. The .... (1375 6 )

Nutrition Products at Target .... This marketing plan fulfills the mission statement: namely, to make every TARGET store .... The TARGETING YOUR HEALTH club will provide a strong customer base from .... (3103 12 )

John Quincy John Quincy was instrumental in establ .... time and effort into developing his marketing program, and .... His optimistic plan would result in 1,014 memberships .... of bringing people into a health club who had .... (2078 8 )

Jamba Juice Marketing Analysis .... analysts is Jamba Juice's extremely ambitious plan to open .... especially the volatile and finicky health foods industry .... to a number of careful marketing and fiscal .... (2059 8 )

LA Gear Case Study .... with the result that health club memberships increased .... needs to approach its marketing program with .... men and developing a promotional plan (including advertising .... (2732 11 )



ctive of the health club firm is to gain a 30 percent market share in the upscale segment of the health club market in the DenverBoulder metropolitan area. To attain these market objectives, specific goals will be pursued. These goals are as follows: 1. With respect to the establishment of health club facilities, the goals are as follows: a. At the end of one year: one health club facility in operation. b. At the end of two years: three health club facilities in operation. c. At the end of three years: six health club facilities in operation. d. At the end of four years: nine health club facilities in operation. 2. With respect to the development of market share in the upscale segment of the health club market, the goals are as follows: a. At the end of one year: a 3.3 percent market share. b. At the end of two years: a 10 percent market share. c. At the end of three years: a 20 percent market share. d. At the end of four years: a 30 percent market share. Marketing Strategy and Marketing Mix The essence of the marketing strategy for the health club firm will be based on facility quality and facility location (Henkin, 1990). With re

Category: Business - M
 
 
 
Common Topics
 
 
 
 
 
 
 
Click Here to Get Instant Access to over 32,000 Professionally Written Papers!!!
 
 
 
Join Now  
 
 
 
 
 
Saved Papers  
 
 
Save your essays here so you can locate them quickly!
 
 
 
Testimonials  
 
"Thank you for making such a high quality site! Your papers are the best I have seen around"
Debbie B.
 
"Your site was very helpful and gave me the details I needed in order to complete my essay!!!"
Mike F.
 
"This site is an excellent vehicle for quick referrences. Thanks a bunch!"
Carla T.
 
"Great site, I got a lot of new ideas I would have never thought of before."
Nate A.
 
"I love this site!!!"
Marie H.
 
 
 
 
Copyright © 2007 - 2012 Lots of Essays. All Rights Reserved. DMCA