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Friday, April 26, 2019

Fulton's Ice Land (Case Analysis) Case Study Example | Topics and Well Written Essays - 1000 words

Fultons Ice Land ( Analysis) - Case domain ExampleHowever, the Friday-Saturday evening sessions are less convenient and the daily noon time sessions have to the lowest degree attendance. Problem Recognition The current source of profit of the connection is the hockey matches. Besides, the response for the weekend good afternoon sessions is also good. However the Friday and Saturday sessions traffic is only around 50 to 100. The promotional efforts are ineffective because of manifold customer profile kids and teen couples. Section 2 Recommendations Target Market The main problem lies in indecision regarding target market profile. The company is trying to target young big(p) market, whereas the traffic is close to for kids. The highest turnout has been 200 with in the main kids and families, whereas the rink capacity is 700. The company caters to northern US city with a population of 450000. As per the case thither are no immediate competitors. Therefore company should deal its resources to develop and mature the already existing segment instead of trying to attract another segment. If the company can build a strong brand salience in kids section, then it can mitigate its financial statistics as well as consider expansion in teen couple empyrean later. Therefore the current target market estimate is Total Population 450000 % of Kids in U.S. - 20.2 (Central Intelligence style of United States, 2010) Potential Market 90900 lay Primary Positioning (for kids) The weekend public session mostly consists of kids who have been dropped off by their parents for several hours. Therefore, the concept of entertainment as well as adult supervision should be the promotional point. The security features should be highlighted and the rink should be seen as a guarantee recreational zone for kids, and such positioning will help increase the consumer frequency during weekends. Secondary Positioning (for athletes) The secondary positioning can be done for athletes or s ports loving personalities. Separate sports merchandise stands and constitutive(a) food stands and expert skating trainings should be included for sports lovers. 4Ps Product The products should be mainly targeted towards kids consisting of kids movie merchandises. There can also be sports merchandise shops during the hockey programs. There should be a snacks bar offering organic and fast food. Special events, competitions, and DJ shows should be organized for kids. Mini rides can be installed. Other facilities may include wireless internet and more than developed acoustic systems for entertainment. Price The equipment casualty for gaming will be $2 an hour and the price the tickets for toy rides can be $2 per ride-lot cheaper than theme parks or gaming zones. Unique social status programs should be introduced. These will include discounts on the food and toy rides. Besides members would be allowed one dislodge guest pass for special events. The membership costs (entry level + s kates) can be $10 and there will be 50% discount on rides and food and special events. Th

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