Name: ____________________________ Group Members: _______________________________________________ You have been asked to create two frequent buyer programs for the Minnesota Twins! The program has to be directed towards getting high school students to attend Twins games more often. This can be a way to reach new customers and a way you are able to reward those who buy regularly. Describe your target market/objectives. Demographics: Male and Females 14-18 years old _. Geographic’s: 70 mile radius of metro dome . Psychographics: __(Search for Baseball Fan Consumer Insight________ ______________________________________________________________________ ____________________________________________________________ Describe your frequent buyer program. How long will the program last? Explain why. ______________________________________________________________________ ____________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ How is the target market going to learn about the program? How will your advertising reach them? What types of media are you going to use? ____________________________________________________________ ______________________________________________________________________ ___________________________________________________________ How will customers sign up or what kind of application will there be? Look up 3 other frequency program applications. Can this information be used for other marketing information? ____________________________________________________________ ______________________________________________________________________ ____________________________________________________________ Will your plan have a fee or could it incorporate one? Explain why or why not you chose to have a fee for the program and the details of the fee. ____________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ What are the logistics? Decide what it is that will earn customers prizes? How will they redeem their prize or reward? ______________________________________________________________________ ____________________________________________________________ ______________________________________________________________________ Make a chart similar to below that shows the steps from signing up to acquiring rewards What is the reward/prize for being a member of this program? Create a chart similar to below How is this considered valuable for the customer? ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ How will you handle the fulfillment of the prizes? Can you accommodate all of the people who join the program? ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ What is the ratio cost of the program? Customer cost vs. business cost. Customer Cost Vs. Business Cost Cost to Fans Cost to MN Twins Provide one possible cross-promotion idea to compliment this frequent buyer program. Explain. ______________________________________________________________________ ____________________________________________________________ ______________________________________________________________________ ____________________________________________________________ How will both business partners benefit from the cross-promotion? ______________________________________________________________________ ____________________________________________________________ ______________________________________________________________________ Requirements: You will be presenting your frequency program plan to the class. With this presentation you must also include a press release, enrollment application form, advertisement, and the membership card/program materials. Enrollment Application: This application is the way customers sign up for the program. Think about where they will sign up and how accessible it will be. Think if you can ask any questions that could be used for other marketing projects. Go to http://office.microsoft.com/en-us/templates/ and download a template for your application Press Release: This release will be used to communicate and report your newsworthy announcement to relevant media, and which can result in free publicity you could never afford to buy. Think about what is important to the customer and what this program can do for the customer. HOW TO CREATE A PRESS RELEASE No more than 250 words Headline that summarize the story Written in third person, never first person Only four paragraphs Paragraph #1 - The basic facts, the who, what, where, when and why Paragraph #2 - A slightly broader explanation of the basic reason for the press release Paragraph #3 - This is the where you place the quote from the key person or testimonials Paragraph #4 - More information on the reason for the press release Include contact name and telephone number in the header Put the date on the release and the words FOR IMMEDIATE RELEASE in the header “###” at the end of the release Time Line: Provide a timeline when this entire plan will run. Start with when you first start promoting the program to the target market and end with final day to redeem rewards. Don’t forget to include all the elements you described earlier in your time line. This can be bullet points or a chart. Advertisement: Do not expect staff to describe the frequency program to customers. You need to market the program to the customers in other ways of advertisement so that customers are informed about the program. How will you do this? This ad must have the following elements 1. Headline 2. Illustration 3. Copy 4. Identification 5. Call to action Membership card/program materials: Be creative! Remember how many activities go on at a Twins game. You want it to stand out so that the customer is more likely to see it and use it.