Monday, December 23, 2019
Essay about Marketing Case Study Noco Soccer - 631 Words
NOCO Soccer Academy is a successful youth soccer training program is the market that Dyer has been targeting. Dyer wants to grow his business enough to reach his strategic goal of building a sports complex for his business to occupy. Dyer needs to double his business in order to support this goal. In using S.W.O.T. analysis to evaluate NOCOââ¬â¢s current situation it is clear that NOCO has a number of things working for it already; customer retention is very high, awareness of NOCO in itsââ¬â¢ current market is close to 100 percent and Dyer has access to enough trainer resources to continue his companyââ¬â¢s growth. Some of the obstacles NOCO faces in working toward expansion are loss of customer base to high school sports programs after theyâ⬠¦show more contentâ⬠¦Using customer satisfaction surveys would be a great market research tool for Dyer to use to identify the types of new programs his customers are looking for. Diversification in NOCOââ¬â¢s target markets is another avenue for Dyer to explore to expand his business. Consumers in Colorado are very interested in soccer. Is there enough interest to warrant developing adult soccer teams? Is there a market for toddler soccer training? What about a childcare program for younger kids so parents can watch older kids compete in the tournaments? Dyer needs to hit the pavement in his community and in the neighboring communities to get first hand feedback from the demographics he is targeting. In order to increase awareness of his business in the towns adjacent to Fort Collins, Dyer could host recruiting events in Loveland, Longmont and Greeley. With the information he gathers at those events he could consider the viability of bussing new customers to Fort Collins or offering camps outside his home base. This type of market development could be instrumental in growing NOCO into the recognizable brand that Dyer wants it to be. Dyer should evaluate all opportunities available to him and weigh the m against their opportunity cost before heading in any single direction with his company. Any of the operational strategies listed could bring NOCO closer to the goal of
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.