Marketing Plan 2013 “I love working with families knowing that the spaces I create will be spaces...
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Transcript of Marketing Plan 2013 “I love working with families knowing that the spaces I create will be spaces...
Marketing Plan 2013
“I love working with families knowing that the spaces I create will be spaces they make most memories in and remember for the rest of their lives. That to me is the true Beauty.“
Deidre AlexanderArchitectural Interior Designer
Executive Summary• Increase business & clientele base• Create a store front • Implementing new Marketing strategy
–Expanding product offerings–Partnering with architects, builders and realtors–Implementing a Premium Pricing Strategy–Creating an Online Portfolio & Physical portfolio–Position brand with the Designer and POD in the mind of consumers so they think of Deidre Alexander as her specific style with top of the mind awareness–Brand all work, paper and items given to client or potentials–Creating interactive promotions such as day of the week design tip on Facebook/Blog/Twitter/Pinterest/Groupon/Instagram–Trade shows
Leaf Design Studio, LLC is a boutique interior design firm specializing in High-End Residential
as well as Hospitality Design
Mission Statement
Vision Statement
We are dedicated to providing excellent service, by working closely with each client to make
sure all their expectations and needs are met while delivering an aesthetically pleasing yet
functional space
Goals
• Generate new clients• Open store front• Offer “made by the designer” products• Create Top of the Mind awareness for Deidre’s
style• Brand the designer and her style• Expand e-decor
Current Company Standing
Internal Environment• Designer• Studio• E-décor • Great Client base
– Repeat customers
Customer Environment• Residential
– family clients– High end
• Commercial
SWOT Analysis (Internal)Strengths Weaknesses
• Current client base, designer, current studio, vendor connections
• Understanding client needs and interpreting them
• Designs, though process, design process
• Architectural Interior Design (Point of Differentiation)
• E-décor
• Out of date website (recently updated photos)
• Economy Pricing: Low hourly pricing• No current marketing plan• Portfolio/Showcase needs updating• Need standard client intake sheet,
wants needs etc.
SWOT Analysis (External)Opportunities Threats
•New buildings- condos, lofts, apartments •Commercial- offices –revamp or new •Expand service coverage- outside of
Charleston, SC •Pair with architects, builders and
realtors •Going green
•Other designers, DIY, retailers- design/buy yourself ( C2B & Pottery Barn)•Online design a room yourself• Lowes/Home Improvement (offer
classes on DIY)•Going green
Designer
Deidre Alexander has honed the design experience of homes and businesses in the Charleston area for several years. Her education and passion for architecture, color, and texture allows her bring a multifaceted approach to each of her projects, utilizing inspiring elements from history, travel, art, and technology. A native of South Carolina, Alexander received a Bachelor of Fine Arts degree with the concentration in Interior Design from Winthrop University
“I love working with families knowing that the spaces I create will be spaces they make most memories in and remember for the rest of their lives. That to me is the true Beauty“
Designer
•Architectural Interior Design•Mascot: Sullivan•Style: Unique, Contemporary, Blend of Old and New•Methods: client intake, design boards, design Process •Deidre enjoys working with family clients who reside on one of the Islands, and successful in their endeavors
“I love working with families knowing that the spaces I create will be spaces they make most memories in and remember for the rest of their lives. That to me is the true Beauty“
Macro Environment
Macro• Currently in “recession” but coming out of it• Charleston named in top places to live• People coming out of retirement to work• More new home buyers
Political and Sociocultural Trends• Social forums• Government/Private incentives for home buyers• Going green
Macro Environment
Technological Advancements• Online DIY room designs • Tools that make it easier to do things on your own• BlogsOther factors• Must have degree from accredited program-
Bachelor of Fine Arts degree with the concentration in Interior Design and Architectural Interior Design from Winthrop University
Micro EnvironmentDesign trends
http://freshome.com/2013/01/29/top-10-interior-design-trends-for-2013/
•Comfort•E-décor•Strong solid colors•Emerald•Burnt orange & Topaz•Black and white•Found objects •Revamping existing furniture •Home offices •A New Relationship Between Men and Interior Design•Group Dynamics
http://www.interiordesign.net/slideshow/2972-Online_Exclusive_Trend_Forecast_2013.php?photoId=415160&photoUrl=/photo/415/415160-An_image_representing_Heimtextil_s_Historian_trend_Image_courtesy_of_Heimtextil_.jpg
Micro EnvironmentDesign trends
http://freshome.com/2013/01/29/top-10-interior-design-trends-for-2013/
•DIY projects•Texture and Touch•Embroidery and knitting•Stripes•Floral patterns with a white background•African influences•Hand sketching and wall writing•"Geologist" & "Eccentric“ & "Historian"•Green walls, garden rooftops•Carpet designs
http://www.interiordesign.net/slideshow/2972-Online_Exclusive_Trend_Forecast_2013.php?photoId=415160&photoUrl=/photo/415/415160-An_image_representing_Heimtextil_s_Historian_trend_Image_courtesy_of_Heimtextil_.jpg
Micro Environment
Charleston trends• A home for all seasons • City meets country• 20% Switch Charleston• Outdoor living space• Collective Art Wall• 80’s inspiration• Vintage Kitchen with color • Bathroom Design Trends: Clean and Green
– http://www.carolinajoe.com/blog/index.cfm/2010/7/11/Bathroom-Design-Trends-Clean-and-Green
Competition AnalysisDirectSmall Firms
IndirectLarge Firms
Complementary
• The Anderson Studio• Ginger Bruton• Hunter Phelps Interiors• Orchid interiors • Ci Ci Moss • Elizabeth Stuart design• Cortney Bishop• Chatfield Interiors• Sandra Ericksen
•Haute Design•Lowes /Home improvement•Retailers- C&B etc•DIY• IKEA•http://wecora.com/
•Darren•GDH
Competitive advantage
Point of Differentiation:• Architectural Interior Design • Contemporary with a mix of Old/New style• E-décor
Consumer Needs
• A concept• Understanding• Interpretation• Communication• Adjustments
• Flexibility• Visualizations • A design• Finished product
Boutique Design Firm• Small firms• Custom designs• Custom products• High-end clientele • E-décor
Segmentation
Target Market
• Residents who need design from start • Builders who need layouts/ floor plans• New designs• Commercial designs• Residents who need a redesign• E-décor- people with lower budgets, need
ideas and how to implement them
Product/Service Issues • Time constraints- i.e. if item or sample needs to be shipped • Need logo on all paper work, all items given to client• Green Geared- but lack of “green” work
Service/Product Issues
Needs:• Updated website to better reflect firm and designer• Constant social media updates• Ways to connect with potential clients• Current and continual blog with design tips and updates on
projects• Word of Mouth
– Speak with previous clients– Reach out to builders & businesses to design office/lobbies
Promotion Issues
• Clients budgets• Costs of products• Cost of service• LDS budget – Marketing Budget??
Pricing Issues (Costs and Viability)
• Interior Design, Architectural Interior Design,• Products made by designer• E-décor • 20% Switch Charleston- Low Country Local
First
Services & Products
Premium Pricing • High price for high-end designs
– COGS + premium price per hour
ORCost Plus Pricing (% of what cost are) • Hourly plus cost
– Keeping in mind as economy grows COGS will rise as well
Pricing Strategy
Charleston, SC
• New studio location ideas: “NoMo” – Article:
http://www.crda.org/news/local_news/creative__nomo___hip__new_businesses__residents_revitalize_corridor_in_upper_peninsular_charleston-1678
Placement
Integrated Marketing Communications
• Partnering with Architects, Builders and Realtors• Premium Pricing Strategy• Day of the week design tip on
FB/Blog/Twitter/Pintrest• Giveaway: – E-décor: Design one room for free every 4-6 months
• Get featured in article or magazine – Skirt
Integrated Marketing Communications
• Online portfolio and physical portfolio • Position brand with the designer and POD in the
mind of consumers so they think of Deidre Alexander as her specific style with top of the mind awareness
• Tradeshows to network with above and showcase for potential clients
Potential Clients/Partners
• The Cigar Factory• East Central Lofts• http://www.schmittwalker.com/• The Beach Company- The Boulevard • http://www.coxschepp.com/plans.php
• Referrals• New clients• Website clicks• Facebook/Blog/Twitter/Pinterest/Groupon/
Instagram– Likes & Shares & Subscribers
Control Process