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Maternity Clothing Online Business Plan

ExpectingUcom

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Strategy and Implementation Summary

Our marketing strategy is to create product awareness among expecting women and their families by strategically placing Internet ads, using direct mail tactics sold and generating PR. We offer a unique product that we feel confident expecting women will find fun to wear during their pregnancy. It will be a novelty item that will allow them to stay connected to their interest in their collegiate team both at games and around town.

5.1 Marketing Strategy

ExpectingU.com's marketing strategy is crucial to the success of our business. We must create awareness of our product to our primary target market, as our products are of little use to anyone outside of this group. We will do this by:

  • Strategically-placed ads on websites that are frequently visited by expecting moms, such as parentsplace.com, babycenter.com, americanbaby.com and babyzone.com
  • Placed ads on collegiate sites such as collegefootballnews.com and sports.yahoo.com
  • Adding our products to other sites as an affiliate provider
  • Direct mail and e-mail advertising to expectant mothers
  • New product PR in publications for expectant mothers

5.2 Competitive Edge

The competitive edge offered by ExpectingU.com is our unique product. Currently, no major maternity retailer and few online stores offer collegiate maternity t-shirts. We will position ourselves as a specialty online store catering to expecting moms who want to maintain their support of their favorite team through their pregnancy. Because of our niche, we can effectively choose targeted sources to market our product to our customers.

Our primary weakness is that we are a new business and we offer a new product. To generate sales, we must first create awareness that our product exists, and make it easy for potential customers to locate our online store. By offering a fun product that many expecting women would like to have, we feel we an quickly establish our presence in the maternity wear industry.

5.3 Sales Strategy

Sales are dependent upon creating awareness of collegiate maternity wear within our target markets, and therefore the sales strategy for ExpectingU.com is based on driving business to our website. Because we are a new product line, we understand that we will have to generate excitement about our apparel in order to generate business. We will strategically place pop-up and banner ads on web-sites relevant to both expecting mothers and sports fans, we will use direct mail and e-mail lists and we will seek public relations coverage in relevant media sources.

ExpectingU.com will fulfill orders from our website store, as well as offer customers an option to fax in orders to our company.

        E-orders:  Customer can purchase online 24-hours a day, seven days a week.

        Fax orders:  Customers can fax in an order 24-hours a day, seven days a week.

As the company grows, we will leave the option open to using a fulfillment center to take orders via the telephone.

5.3.1 Sales Forecast

The sales forecast for FY 2006 takes into account slower sales at the beginning as we create awareness of our product and website. Initially we will be selling one style of t-shirt, but will offer it with the logos of up to 132 different Division 1 universities. As the company grows, we will explore the demand for other types of collegiate maternity wear such as tank tops, sweatshirts and long-sleeved shirts.

The following table illustrates unit sales of 36,500 t-shirts for the first year. This would require us to sell to less than 1% of our primary target market.

The Monthly Sales Chart that follows indicates that we have some seasonality in our business. We expect sales to increase during the Fall, which is when football season occurs and when sales for collegiate goods are the highest.

Sales Forecast
FY 2006 FY 2007 FY 2008
Unit Sales
collegiate maternity t-shirts short sleeved 36,500 38,325 40,241
Other 0 0 0
Total Unit Sales 36,500 38,325 40,241
Unit Prices FY 2006 FY 2007 FY 2008
collegiate maternity t-shirts short sleeved £29.99 £29.99 £29.99
Other £0.00 £0.00 £0.00
Sales
collegiate maternity t-shirts short sleeved £1,094,635 £1,149,367 £1,206,835
Other £0 £0 £0
Total Sales £1,094,635 £1,149,367 £1,206,835
Direct Unit Costs FY 2006 FY 2007 FY 2008
collegiate maternity t-shirts short sleeved £7.50 £7.50 £7.50
Other £0.00 £0.00 £0.00
Direct Cost of Sales
collegiate maternity t-shirts short sleeved £273,659 £287,342 £301,709
Other £0 £0 £0
Subtotal Direct Cost of Sales £273,659 £287,342 £301,709

5.4 Milestones

The following are the key milestones for the first year of operations:

  1. Completion of strategic business plan by April 1, 2005.
  2. Obtain all NCAA licensing by May 1, 2005
  3. Negotiate t-shirt costs with supplier and with screen printer by May 30, 2005
  4. Have fist shipment of products delivered in house for fulfillment by July 1, 2005
  5. Have specifics for our advertising plan in place by June 1, 2005
Milestones
Milestone Start Date End Date Budget Manager Department
Obtain NCAA licensing for shirt production 5/1/2005 5/1/2005 £5,000 ML general
Place ads on two expectant mother websites 7/1/2005 9/1/2005 £10,000 ML general
PR packets to 10 expectant mother publications 6/1/2005 7/15/2005 £200 ML general
Obtain 2-3 email lists for expectant mothers 6/15/2005 7/1/2005 £1,000 ML general
Send emails to target customers 7/1/2005 7/31/2005 £500 ML general
Sign up products as affiliate offer on five sites 6/1/2005 7/31/2005 £250 ML general
Other 11/14/2008 12/14/2008 £0 ML general
Totals £16,950
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Edit This Plan
Sales Forecast
FY 2006 FY 2007 FY 2008
Unit Sales
collegiate maternity t-shirts short sleeved 36,500 38,325 40,241
Other 0 0 0
Total Unit Sales 36,500 38,325 40,241
Unit Prices FY 2006 FY 2007 FY 2008
collegiate maternity t-shirts short sleeved £29.99 £29.99 £29.99
Other £0.00 £0.00 £0.00
Sales
collegiate maternity t-shirts short sleeved £1,094,635 £1,149,367 £1,206,835
Other £0 £0 £0
Total Sales £1,094,635 £1,149,367 £1,206,835
Direct Unit Costs FY 2006 FY 2007 FY 2008
collegiate maternity t-shirts short sleeved £7.50 £7.50 £7.50
Other £0.00 £0.00 £0.00
Direct Cost of Sales
collegiate maternity t-shirts short sleeved £273,659 £287,342 £301,709
Other £0 £0 £0
Subtotal Direct Cost of Sales £273,659 £287,342 £301,709
Milestones
Milestone Start Date End Date Budget Manager Department
Obtain NCAA licensing for shirt production 5/1/2005 5/1/2005 £5,000 ML general
Place ads on two expectant mother websites 7/1/2005 9/1/2005 £10,000 ML general
PR packets to 10 expectant mother publications 6/1/2005 7/15/2005 £200 ML general
Obtain 2-3 email lists for expectant mothers 6/15/2005 7/1/2005 £1,000 ML general
Send emails to target customers 7/1/2005 7/31/2005 £500 ML general
Sign up products as affiliate offer on five sites 6/1/2005 7/31/2005 £250 ML general
Other 11/14/2008 12/14/2008 £0 ML general
Totals £16,950