‘On the Ball’ Fitball: Focus Group Study for Initial Concept Testing Niveditha Kumar University of Southern California ‘On the Ball’ Fitball: Focus Group Study for Initial Concept Testing ‘On The Ball’ is a new brand of exercise ball that is soon to be launched in the market. The product’s unique selling proposition (USP) claim is that it is the first ever brand to have 30 unique exercises printed on the ball. The product was developed after finding a distinctive gap in the market for at-home exercise equipment that can be used most effectively with minimal supervision, in today’s hectic world. The company approached the agency “ABC” to develop an advertising campaign that would most effectively convey the USP, create buzz and promote sales over a period of 6 months. The company defined the target market as males and females aged 25-55 in the middle and upper income brackets. The company decided to foray into the fitness industry owing to the scope of growth over the next five years. The fitness industry in the USA is expected to make a profit of $102.2 million in 2014 with trends indicating annual growth at the rate of 0.5% to $1.9 billion in 2019 (Carusotto, 2014). The IBIS World report contains findings that the industry is declining as a whole and the concentration of such establishments across the country is very low, with relatively moderate technology change (Carusotto, 2014). ‘On The Ball’ claims that this allows for new product innovations to find it’s
Based on The Running Room’s current situation, Cisco considers a number of alternatives to her present marketing strategy. On one hand, she could continue to maintain a broad target market to appeal to both casual athletes--with more fashion-conscious products that aren’t necessarily running shoes--and serious runners, while attempting to tap into the growing market for women’s athletic shoes with expanded product lines for female athletes. This strategy would help her maintain her aging loyal customers, as she could offer athletic shoes that reflect the new exercise programs that they are becoming involved in instead of running. Conversely, she could narrow her target market to just serious runners, by investing in the high-end molded running shoes and the additional training and promotion that would be required to sell them. An analysis of The Running Room’s strengths and weaknesses can help her determine that the second strategy is the most worthwhile to pursue moving forward. As a former nationally-ranked runner herself, and with both a proven track record for catering to serious runners (who make up a majority of her sales) as well as the flexibility to switch product lines fairly easily, Cisco’s business strengths would support a shift to a more serious runner target market with relative
In this assignment I am required to do independent research on fitness company “Pure Gym”, to address the following tasks, Pure Gym’s history and background, what industry it operates in, and analyse as well as illustrate the organisational structure of the company. I will be using SWOT analysis as one Modern Management approach that should be considered for Pure Gym and critically analyse two innovative strategic management objectives of the company. Pure Gym was founded in 2008 by Peter Roberts. It operates in the fitness service industry providing gymnastic and health fitness facilities across the United Kingdom (UK). Peter Roberts being the Founder and Chief Executive of Pure Gym lives in the hills of North Yorkshire and could not access any gym around his locality within 20 minutes from his home, he then decided to use walking and strenuous hikes as a method of exercise. However, Peter Roberts took advantage of the large number of British people who like himself also liked to exercise and opened Pure Gym.
An Analysis of the U.S. Health Club Industry in 2004 and the Role of Bally Total Fitness
Advertising plays a huge role in why people buy what they buy. This paper will discuss the different techniques used by brands in order to appeal to the intended group they are targeting. Some brands try to appeal to the most amount of people possible. However, some brands have a specific niche of people they try to appeal to. McDonalds is an example of a brand that tries to appeal to everyone. It has a general message that everyone can get behind, and they market it correctly. This is why they are one of the biggest brands in existence. However, Gymshark is a brand that tries to appeal to a specific niche of people. Their goal is to be the next Nike. They try to appeal to athletic people, who workout very often. Their products are similar to Nike, but they are specifically
The Cost-Volume-Profit analysis (CVP) for Snap Fitness provides an evaluation of its profits as costs and volume changes. As the owner of a Snap Fitness franchise, decisions about selling prices, product mix, and maximizing the use of the fitness center depends on CVP. A CVP analysis classifies cost as variable and fixed, and calculates a contribution margin. Relevant information identified in the analysis is the total monthly fixed costs of Snap Fitness, which are $6,000. Monthly fixed operating costs are $4,000 and monthly lease equipment costs are $2,000. The fitness
The rivalry among existing competitors is strong. It is becoming increasingly harder to develop new and unique products based solely around a small niche activity. There are only so many aspects of yoga that can be explored and that products can be developed to accompany. Although Lululemon was the first, new competitors are seeing the profit to be had in this niche market and are entering with the goal of creating new more creative strategies to compete with Lululemon and take part of their large market share. (Morning Star)
Nike and Under Armour are two of the biggest brands in the active wear industry. Fitness goers of all ages and genders are passionate users of their sports gear and athletic clothes. Two print advertisements from Under Armour and Nike will be analyzed based on the way they use goals to captivate the viewers attention and elicit an emotion to persuade the viewer to buy their athletic wear. In a world that is quickly becoming aware of its health problems consumers are becoming more aware of fitness brands and their advertisements. People are taking an active stand in achieving their fitness aspirations and doing so with the best equipment available. Nike’s famous “Just do it” slogan has been a boost for the company’s reputation and notoriety, by setting it a part from other brands. The two advertisements from Nike and Under Armour are representations of current consumer ambitions towards fitness.
Bally Total Fitness is a public firm in the U.S. health club industry. Since 1962, the company had developed into a large and nationwide commercial operator of fitness centers in the Unite States. But with the increasingly fierce market competition and the internal management problems such as poor accounting standards, the stock price of the company collapsed. Some shareholders had lost faith in the company. A major shareholder of the company was urging the CEO to sell the company. So the company faced two alternatives, one alternative was to sell the company to meet the demand of shareholders; the other alternative was to strengthen its internal control system to remedy the management fault. In this way to restore the
The Fit Stop is a new firm that will be opening in the near future. The founder of the business is Susan Superfit. The company’s business objective is to sell all types of training, fitness, conditioning, and exercise equipment to the general public. The Fit Stop plans to specialize in this equipment and provide customers with personalized advice geared to customer needs. The owner, Susan suffered an injury while engaging in sports activities. She came up with the idea for this business during her recovery. She found that while there were plenty of business that sold fitness and conditioning equipment, they lacked in knowledge. They often gave poor advice on how to use the equipment and what was best to purchase
Effective and efficient companies will need information on the country and the industry before setting up their operation in the stated area. This report focuses on Fitness First as one of the leading global health club companies and Singapore as the chosen country. The purpose of this report is to provide the PESTLE analysis on Singapore along with the Porter’s 5 forces analysis on fitness industry in the country, to understand how the company entered the industry’s market. The structure of this report will be as following; company background, country background, PESTLE analysis, Porter’s five forces, strategic recommendations, and the conclusion.
That being said, we are prepared to implement a harvest strategy just in case a new window of opportunity arises in the future market, or if our sales begin to slow in growth. Our company plans to always remain in ownership of theRoll-in-OneTM. Throughout the existence of our company, we will be hunting the market for new opportunities and gaps that need to be filled in the fitness industry. Through the constant research and preparation for a potential decrease of sales, when necessary, we will reduce advertising costs for the Roll-in-OneTM and increase the money we are putting into a new, innovative product. We plan to maintain enough money in the marketing budget to keep the Roll-in-OneTM afloat, but will not allow it to consume as much of the company's money. This is the basic outline of how we plan to harvest in the future and prepare for the renewal and long-lasting life of our company and its future
The American dream for women is to have a toned, fit body that all other women will envy and men will long to look at forever. Many different workout routines and products flood the market trying to persuade athletic women. For a workout product to appeal to an athletic woman, the ad must show the female reader the unique qualities that stand out from other products. With bold copy, an aggressive illustration, and dominant design, this Nike ad, "MAKE YOURSELF FIT" persuades to the female reader that they can be determined to get fit and also get noticed by others when wearing Nike.
The fitness industry is one that is rarely thought of as an electronic industry. However, in recent years, more and more fitness related smartphone applications including workout planners, calorie counters, support forums, and many more fitness centered resources have become available to the public. This big move from time sensitive face-to-face fitness instruction to convenient face-to-screen instruction has changed the way that the fitness industry operates. With the rising rollout of fitness apps geared toward the convenience of the user, fitness instructors, personal trainers, and the like have had to go to extreme measures in order to keep up with the rapidly changing digital fitness environment. This paper will outline the evolution of the fitness industry to illustrate its move from an entirely brick and mortar operation to a largely electronic industry. This paper will also discuss the reasons behind the switch and the pros and cons associated with each way of getting fit.
My first recommendation is directed at Nike's push into digital sports. In my opinion the new accelerometer based Nike+ technology is the birth of a whole new generation of Nike products and an amazing innovation to motivate people to include sports into their everyday life.
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