Indoor Cycling Instruction Global Marketing Strategy

Closed
Project
Academic experience
80 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Sales strategy Marketing strategy
Skills
social media global marketing indoor cycling marketing consulting marketing planning selling techniques zoom (video conferencing tool)
Details

Authentic Instructor Training (AIT) is wanting to expand its footprint in Canada, the US and EU/UK markets. Having trained approximately 60 studios and 1500 instructors, we feel the time is right to push expansion. There are five products:

  • Indoor cycling instructor training provided in-person at a boutique studio location certifying new instructors in the AIT program
  • Indoor cycling instructor training provided on-line via zoom as an open enrolment program and/or for a boutique studio for certification
  • Indoor cycling instructor “amp-ups”, providing training in-person or via zoom to existing studio teams who are wanting to improve, upgrade or update their cycling program
  • Branded studio and activewear clothing
  • Studio start-up consulting and advisory

As a result of this drive to grow and expand, we are seeking a marketing plan and strategy to guide us. Key objectives would be:

  1. What markets are the best first movers for our offering?
  2. How do we reach studio owners who are wanting to add indoor cycling to their current location?
  3. How do we reach prospective new studio owners who are interested in opening a new studio?
  4. What is the best means of attracting individuals to sign up for open enrolment programs and what is their persona and demographic?
  5. Which social media platforms are best to advertising and have the greatest reach into the fitness community and what would be an appropriate budget?
  6. What other means and methods are out there for marketing and advertising?
  7. Should we come at the market with a "package" rather than selling and marketing individual offerings?

We would also like to provide latitude to the students and would encourage them to consider additional marketing questions, strategies and ideas that could compliment our own thoughts. We are not experts, so any and all help would be appreciated! Thank you.

Deliverables
No deliverables exist for this project.

About the company

Company
2 - 10 employees
Business services, Business & management

A consultancy that helps launch and build companies. To-date we have consulted with over 400 companies providing growth strategies, training and coaching.