Professional Documents
Culture Documents
Marketing objectives
I. To use my relaxing habits to open a Thai massage center in a year period in Shanghai
II. Use personal marketing skills and employment of different marketing strategies to acquire at least
three hundred clients within one month of operation to widen customer base
III. To expand the business to five stores of operation within five years of operating.
It is virtually impossible to satisfy all customers, so it is up to the company to select the specific parts
of the market which they can best serve. Therefore, businesses could identify market segments, select a
few profitable segments, and develop products and marketing mixes that are aimed at particular
customers. Target marketing is made up of three stages: market segmentation, marketing targeting and
product positioning
Market segmentation encompasses the identification process of segments of the market and the process of
dividing the wider customer base into sub-categories of customers composing of the current and potential
customers. Consely, it is a customer based process and applicable in all types of market. The division of
markets is salient to the business to understand the needs and wants of the customers. Therefore, Joy Thai
spa can customize the company marketing activities to be accurate and responsible to each customer
likings. Furthermore, segmentation marketing will help the business to meet and exceed their customers’
needs and requirements. It provides the company with the opportunity to evaluate its rivals strengths and
weakness. In this regard, they may discover opportunities in market previously with niche. Market
segmentation have the following traditional variables; Demographic, geographic, product-related factors,
Target market is the most profitable market segment. It is the result of the target marketing process.
Business can use this information to make a decision on focusing on just one or few of these market
segments. Furthermore, it can design tailored-made products and services to satisfy individual segments.
Product positioning is the final stage of the target marketing. The formalization of the positioning
statements specifies the position that the firm occupies in their target customer minds compared to ten
other competitors’ products and services. Effective product positions have four important
characteristics. Firstly, they are built around benefits for prospective customers. Secondly, they
differentiate the specific firms’ products or service from those of key competitors. Thirdly, the respective
firms need to possess relevant skills, resources, and the credibility to deliver on their implied
statements and promises. Finally, an effective position is defensible, which means that an
aggressive competitor cannot act quickly to neutralize or preempt another positioning strategy
The entire market will be segmented into four categories of market segmentation
Geographic segmentation
Urban, areas
Busy commercial business areas in Shanghai city with large population of office workers.
Demographic segmentation
Age 23-45
Both genders
Office workers
Behavioral segments
Loyal customers
Psychographic segmentation
Variation in the lifestyles such as higher consumption on premium and personalized goods and services
customers
Attitude groups that is customers are much into excessive attention, love and financial support
6.2.2 Positioning
To begin with the comparative analysis is to understand Client Needs and Desires to provide quality
products and suitable price relative to its competitors. While many business owners believe that they
determine their brand, the reality is that customers define the brand based on their interactions and
experiences. Clearly understanding client and non-client needs and desires can help Joy Thai massage and
spa owners create experiences that lead to their desired brand image. Joy Thai message and spa market in
Shaghai city will be compared based on the price, package and quality variables. The main competitors in
the middle and upper class market are Hot stone massage, Valmont facial-peaks of purity, Tai chi Yuan
and Oriental Peal Spa treatment. The figure below is divided into four parts, high price, low price, limited
services and full services. Joy Thai Massage and Spa occupies quadrant with low price and full services.
This means that even though the business is providing full services it offers it at a lower rate compared to
its competitors.
High price
Hot stone massage
Oriental Peal Spa treatment
Limited
service Full service
Joy Thai
Valmont facial-
peaks of purity
Low price
6.3 Research Findings to Support the Proposed Business and Marketing Mix Decisions
The proposed business is targeting white collar individual who are earning at least 5,000 Yuan monthly in
Shanghai. From the findings, 13.8% of people in Shanghai occupies white collars job, estimated to be
3,734,070 people. Furthermore, the findings indicated at least all white collars working age range
between 23-45 earns at least 5,000 yuan monthly. This data indicates that, it cans able to support the
proposed business and marketing mix in the following way. There is enough customer base in Shanghai
business to facilaite business to thrive, the targeted white color workers market earn a moderate income
Product
Product is appropriate and it is offered as a solution to satisfy the needs of your customer. Provision of the
massage therapy is in align with the middle class white collars workers aim to get rid of stress and
fatigue. Also, it offers solution to various groups such as the emergence of the digital 90s and 20s who are
expected to form 21% of the China’s population by 2027. Furthermore, this group is more into higher
consumption on premium and personalized goods and services. There is also customer attitude with the
generation as the results of one-child policy much into excessive attention, love and financial support
from their parents and guidance. The massage should provide emotional attachment to these targets