Question: TO: BA 3 4 6 Groups FROM: Your Boss RE: Snagging the Avon Account Avon is a big potential client that could increase our firm's

TO: BA346 Groups
FROM: Your Boss
RE: Snagging the Avon Account
Avon is a big potential client that could increase our firm's revenue by 50% and provide a constant cash flow source. To successfully secure the Avon account and implement a sales plan that drives long-term customer value, we need to develop an effective, customer-centric strategy. The plan will be tested at local colleges like Limestone College and Gardner Webb University, and we must ensure our approach aligns with Avons business model. Heres the detailed sales strategy to win the Avon account and achieve growth:
A. Identify Your Objectives and Goals
Sales Objectives:
1. Increase Sales Volume: Achieve a 20% increase in sales in the first year at target college campuses.
2. Expand Distribution: Secure placement of Avon products in at least 50% of campus retail locations (bookstores, student organizations, etc.) within the first 6 months.
3. Customer Acquisition: Enroll at least 500 new customers (students and staff) in Avons direct-to-consumer channels in the first quarter.
Target Market Segments:
Primary Segments:
o Female College Students: This is Avons primary consumer base, particularly interested in beauty products, skincare, and personal care items.
o College Staff/Faculty: Faculty and staff will be targeted for higher-end products, special collections, and value-driven packages.
Secondary Segments:
o Campus Retailers: College bookstores, student stores, and campus-based retailers that sell cosmetics and personal care items.
Promotions and Drives:
1. Back-to-School Campaign: Focus on Avons popular beauty kits and skincare products with discounts to entice students for the new school year.
2. Social Media and Campus Influencers: Partner with campus influencers and beauty-focused student groups to create buzz around Avon products.
3. Limited-Time Bundles: Offer bundled discounts for students purchasing in bulk or during special promotional periods.
Customer Needs & Service Expectations:
Needs: Quality beauty, skincare, and personal care products at affordable prices, with a focus on convenience (easy to buy on campus or via Avons online channels).
Expectations: Expect excellent customer service, fast delivery options, and the ability to easily access products both in-store and online.
Sales Timing:
When: Target high-traffic times such as the beginning of the semester, holiday seasons (for gifting), and special campus events.
Where: Focus on campus bookshops, student organizations, dormitories, and online through Avons platform.
How: Through direct sales efforts, pop-up shops, campus events, and digital marketing (social media, email campaigns).
B. Define Benefits and Features for Target Market Segments
Benefits for College Students:
Affordable Products: Avons products are priced competitively for the college market, offering high-quality items at a reasonable price.
Convenience: Ability to purchase products directly from campus locations or through online channels.
Variety: Avon offers a wide range of products to meet different beauty and personal care needs.
Benefits for Campus Retailers:
Quality Product Line: Retailers will benefit from stocking a well-known, trusted brand with a strong consumer base.
Profit Margins: Wholesale pricing allows for healthy margins when reselling Avon products on campus.
Sales Approach:
Prospecting:
o Conduct campus surveys and focus groups to understand students needs and preferences.
o Leverage social media to build awareness and engage directly with students on platforms they frequent (Instagram, TikTok).
o Use university alumni networks and faculty referrals to expand our reach to staff and faculty members.
Customer Approach:
o Loss Leader Strategy: Offer trial-sized products at a reduced price or for free in exchange for students signing up for newsletters or making a small purchase.
o Promotional Events: Host on-campus sampling events, offering free product demos and discounts on the first purchase.
o Campus Representatives: Hire student brand ambassadors to act as Avon representatives on campus, leveraging their peer influence.
Sales Channels:
Direct-to-Consumer (D2C): Through Avons website and mobile app, students can easily purchase products directly, with promotional codes available for campus orders.
Campus Retailers: Partner with campus bookstores and student-run retail spaces to stock Avon products in high-traffic areas.
Pop-Up Shops: Set up pop-up Avon kiosks at key campus events (like orientation, festivals, and homecoming).
Social Media & Digital Platforms: Online channels will drive awareness, provide special offers, and facilitate direct sales.
C. Generating Continued Business and Building Relationships
Cross-Selling & Up-Selling:
Cross-Selling: Promote complementary products such as skincare with cosmetics or deodorant with body care products.
Up-Selling: Offer higher-end beauty and skincare kits at discounted rates to repeat buyers or customers whove purchased basic items.
Customer Relationship Management:
Customer Retention: Develop a loyalty program offering discounts or exclusive products for returning customers. Use Avons existing email marketing system to send personalized offers and discounts to students.
Build Community: Host virtual or in-person events for students, allowing them to learn about Avons products and form a community (e.g., beauty workshops, skincare tips).
Feedback Mechanism: Set up regular surveys and feedback opportunities to gather insights on customer satisfaction and to improve the product offering.
Managing Seasonal Sales:
Peak Sales Periods: Focus on back-to-school sales, holiday gifting seasons, and spring break for special promotions and product bundles.
Plan for Demand Fluctuations: Monitor purchasing patterns throughout the semester, and adjust inventory and sales tactics based on demand spikes (e.g., beauty kits during the winter holidays).
Monitoring & Improving Effectiveness
1. Tracking Sales Metrics: Monitor monthly sales data, student sign-ups, and retailer orders. Track which products and promotions are driving the most sales.
2. Adjusting Strategies: Analyze feedback from students and retail partners to refine product offerings and marketing tactics.
3. Optimizing Sales Channels: Continuously improve the sales approach by testing different methods (e.g., using pop-up shops vs. social media-driven sales) and refining based on performance. Give me an example of a conclusion paragraph for this paper

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!