This section of report is essential for Melbourne Museum as it will guide its marketing activities by aiming at the right customers. Marketing segment analysis will help origination in terms of deciding what service to provide and its ability to satisfy customer’s needs and wants. Benefits for effective use of market segment analysis will help Melbourne Museum use its marketing dollars more effectively. It helps them know what their customers are and what they want in order to accurately select the right promotional techniques. (Morrison, 2002)
From the Market segment analysis,we can see that the potential visitors and mainly little children and teenagers, young adults and parents of children. And they usually go to Melbourne Aquarium in vacation or holidays. That is all the elements which should be considered in the marketing plan.
5. Smart objectives
James Quinn succinctly defined objectives in general as: Goals (or objectives) state what is to be achieved and when results are to be accomplished, but they do not state “how' the results are to be achieved”(J. B. Quinn, 1980). The marketing objectives must usually be based, above all, on the organization’s financial objectives; converting these financial measurements into the related marketing measurements. In one word, the marketing objective is based on the satisfaction of customers. The marketing objective of Melbourne Aquarium is as followings: #p#分頁標題#e#
(1) The direct purpose of Melbourne Aquarium‘s marketing plan is attracting more visitors. A business is said to be making an accounting profit if its revenues exceed the accounting cost of the firm. So Melbourne Aquarium should spend less but attract more visitors. This is the direct purpose of the marketing plan.
(2)Improving enterprise image by Melbourne Aquarium‘s excellent service and undertaking certain social obligations. The objective is not only to attract more visitors but also should grasp the opportunity to improve the enterprise image of Melbourne Aquarium. Melbourne Aquarium will be known by more people.
(3)Developing extra business to increase the revenue
Developing extra business will increase its revenue by 5% compared with before. For example, Antarctic launch will be a new program of Melbourne Aquarium. At the same time, Melbourne Aquarium could provide some toys of Penguins for children. It will be extra revenue of Melbourne Aquarium.
(4) To emphasis the characteristics of Melbourne Aquarium and make a brand effect by advertisement. For example, Melbourne Aquarium rebred and changes from an “Aquarium with animals” to a “number of fun discovery experiences”. And it is a success of Melbourne Aquarium.
6. Marketing strategies
(1) Product strategy
Most young people will complain that there is little variety of animals in Melbourne Aquarium and the journey is usually too short. This problem is usually common for some aquarium. Faced with this question, Melbourne Aquarium has an “Antarctic launch”.It is a new and important project for Melbourne Aquarium and people in Melbourne Aquarium have a high expectation on it. It is a good opportunity for Melbourne Aquarium to stand out from others aquariums. The target consumers are little children and young people aged 18-25. They are usually crazy about novelties. So the Antarctic launch will be attractive to most of young people. There are also some young couples to come to Melbourne Aquarium to have a romantic experience. So besides visiting lovely King and Gentoo Penguins, Melbourne Aquarium could launch other programs. For example, during some festival, Melbourne Aquarium could provide beautiful roses for the couple visitors of Melbourne Aquarium and gave free little Penguin toys to the young single visitors with “Melbourne Aquarium “, the two words on the toys. It will be an impressive experience for most of young people and naturally the toys will be an advertisement for Melbourne Aquarium in the future. This strategy could be carried out immediately and little gift will be effective in the future. This strategy could continue for one or two years. Besides that, Melbourne Aquarium could launch other programs. For example, allowing visitors dived to the underneath water to experience the funny world of underneath water. It will be exciting news for most of young friends.Evaluating the response of your Internet marketing can be done in a number of different ways. A far better way to create an email distribution list for your email marketing campaign is to ask current customers as well as interested potential customers to register with your website to receive additional information and periodic updates about your products and services as well as other information which might be of interest to them.#p#分頁標題#e#
(2)Promotion strategy
The promotion strategy is usually carried out by the advertisement and the direct purpose is to improve the promotion of product or service. An advertising campaign is a series of advertisement messages that share a single idea and theme which make up an integrated marketing communication. The critical part of making an advertising campaign is determining a champion theme as it sets the tone for the individual advertisements and other forms of marketing communications that will be used. The campaign theme is the central message that will be communicated in the promotional activities. For Melbourne, the campaign theme should be “Stars of Antarctica (Penguins)”.It should be a brand for Melbourne Aquarium. It should be the campaign theme in the advertising campaign. Penguins will be a new animal for Melbourne and all the visitors. The campaign is the most critical part in the promotion strategy. A good theme will be the brand of an enterprise and easily be remembered by the visitors. School Holiday Blockbuster Strategy of Melbourne Aquarium implemented in 2003. It is especially for the young students. So during the holidays, Melbourne Aquarium should emphasis the theme” Stars of Antarctica (Penguins)” and become a brand of Melbourne Aquarium. Advertisement is one of the most elements of promotion strategy. Besides the TV and print, internet is another media that can be used in carrying out Melbourne Aquarium’s promotion strategy
With the development of information technology, it is more widely used for most of people, especially for some young people. Since the target consumer of Melbourne Aquarium is young people who aged from18-25, the promotion strategy should focus on their interest and special needs. We can see from the research Melbourne Aquarium has paid more attention on the advertisement of TV: 46% TV, 25% Print media (advertising and PR articles), 15% Tourism advertising, 7% Outdoor (includes Tram), 5% Word of Mouth. But besides that, Melbourne Aquarium should pay more attention to the important role of Internet. On the internet, resources of different aquariums can be shared and known by most people from all over the world. Internet marketing is an innovation of traditional marketing method (Schultz, Don E.; Philip J. Kitchen, 2000). It can not only reduce the cost of advertisement but can provide the customers with more choices.It can also reduce the obstacles of its expansion to the world market. Besides that, the ticket of Melbourne Aquarium can also be sold in internet. It brought a lot of conveniences to the consumers and Melbourne Aquarium itself. The target consumer is little children and young people who are aged from18-25. So the promotion method will be welcomed by them. It can be carried out in the following years. And the best advantage of internet promotion is low cost and fast speed and efficiency. So Internet promotion can not be neglected in the promotion strategy.#p#分頁標題#e#
(3)Price strategy
During the holidays and festivals, there should a discount of ticket for the students and young people who enjoy their holidays to Melbourne Aquarium. Holidays and festivals are busy time for Melbourne Aquarium. It certainly will attract a lot of students to come to Melbourne Aquarium. Melbourne Aquarium should release some cards of membership to the visitors who come to Melbourne Aquarium the first time. And then the visitors could enjoy the discount of ticket the next time. For the young people, including the students, there are some holidays in one year. The discount card will attract them to come again the next time. For some young people, they are always crazy about adventures. So Melbourne Aquarium could add some funny programs for example, allowing the visitors to have an intimate contact ion with the animals. Also the aquarium could add some new programs to allow the visitors to dive to the underneath of water to have a special experience. This extra program can charge different levels of ticket price to the visitors. The funny programs will attract a lot of visitors and add the revenue of Melbourne Aquarium. This program needs more advanced facilities for the visitors. So it is expected to be carried out in the next year.
7. Marketing evaluation
Marketing Evaluation is an essential component of the marketing plan. The function of marketing plan includes monitoring the progress, measuring the efficiency, and determining the effectiveness of the initiative. Evaluation allows us to answer the following questions: Have we met marketing goals and, if so, how efficiently have we done it? The evaluation process provides checks and balances to the initiative, helping to ensure that deadlines are met, budgets are adhered to, and the project otherwise stays on track(Richard K. Thomas,2007,p1 ). The evaluation and feedback phase of the marketing process assesses the effects of the project as a whole as well as the individual elements of the campaign.
There are also some problems in carrying out the marketing plan of Melbourne Aquarium. In add some interesting program, for example, allowing visitors dived to the underneath water to experience the funny world of underneath water, It not only needs investment of money, but also trained the visitors. It all needs the investment of money. In carrying out other business at the same time, as large commercial projects, the main considering factor is how to attract consumers to consume in located place. But the consumers can also purchase the goods in their own areas. In this condition, the project value will be greatly reduced. So the goods sold in the aquarium should be characteristic and unique. In carrying out internet marketing, Sure it is a good idea to start an Internet marketing campaign if members of your target audience are likely to use the Internet to research or purchase the products you sell or the services you offer but these marketing efforts may turn out to be a complete waste of time if you are not diligent about evaluating the response to your Internet marketing. By not appealing to potential customers via email, your business may lose a great deal of business to competitors who are using email marketing campaigns to reach customers around the world. Evaluating the response of your Internet marketing can be done in a number of different ways. A far better way to create an email distribution list for your email marketing campaign is to ask current customers as well as interested potential customers to register with your website to receive additional information and periodic updates about your products and services as well as other information which might be of interest to them.#p#分頁標題#e#
8. Conclusion
With fierce competition of aquarium market, Melbourne Aquarium faced challenges from outside environment and the competitors. For example, Melbourne Zoo, Melbourne Museum, they are both tourist attractions which compete and share visitors with Melbourne Aquarium. The young people who are 18-25 ages are the target consumers of Melbourne Aquarium. Sometimes, it is also the target consumers of Melbourne Zoo or museum. In this situation, it is inevitable to carry out a careful marketing plan for Melbourne Aquarium. In carrying out the marketing plan, there will be many problems which will be the obstacles of marketing plan. Facilities are needed to carry out plan. Capital investment is also needed in the marketing plan. In this situation, Melbourne Aquarium should make a reasonable budge to meet the smooth execution of marketing plan. The final stage of any marketing planning process is to establish targets (or standards) so that progress can be monitored. Accordingly, it is important to put both quantities and timescales into the marketing objectives (for example, to capture 20 percent by value of the market within two years) and into the corresponding strategies. Young people who are 18-25 ages are the target consumer of Melbourne Aquarium. So everything have done should meet the needs of them. Besides that, Melbourne Aquarium should emphasis the character of them and avoids the same and similarity with other aquarium. For example, launched new programs are a shining point of Melbourne Aquarium. We believe that after carrying out a careful market plan, Melbourne Aquarium will attract more visitors to come there have fun.None of business can attract all the consumers, so what we need to do is to meet the needs of targeted consumers. The target consumers are the consumer segmentation which the particular service is marketed to. So in carrying out the market plan, other competitors of Melbourne Museum will share the targeted little children and young people. Little children and young people of 18-25 ages have special features of that age. So for them, the attractions near Melbourne Museum still could attract them. In this situation, a lot of targeted visitors will be lost if Melbourne Museum takes no actions.
Reference:
[1] Schultz, Don E.; Philip J. Kitchen, (2000). Communicating Globally. The Free Press.
[2] Kotler, Philip.Kevin Lane Keller, (2006). Marketing Management, 12th ed.
[3] Morrison (2002).Market Segment Theory. Harvard: Harvard University Press.