Classy GTM milestone

  • Sales & Distribution Strategy: 
      1. Direct-to-Consumer Access: Leverage the mobile app as the primary channel to reach consumers, allowing them to browse, book, and manage classes seamlessly.
      2. Studio Partnerships: Establish direct partnerships with fitness studios and wellness centers to ensure a diverse and high-quality network of providers.
      3. Corporate Partnerships: Offer tailored packages for companies to purchase points as workplace benefits, team-building activities, or employee wellness programs.
      4. Regional Sales Teams: Build and deploy dedicated sales teams in target markets to onboard local gyms, studios, and wellness providers effectively.
      5. Sales Team Training: Train the sales team on critical platform features, including the class booking process, benefits of the social feed, and analytics for partners.
      6. Localized Market Penetration: Focus on high-growth urban regions by customizing outreach and support efforts to address specific market needs.
      7. Avoiding Third-Party Platforms: Channels such as external deal aggregators are avoided to maintain brand integrity, reduce reliance on deep discounting, and prevent the platform from being viewed as a low-cost or temporary solution. Direct sales channels ensure better margins and customer loyalty.
      8. Minimizing Traditional Retail Partnerships: Selling memberships through brick-and-mortar retail stores or fitness equipment vendors is inefficient for a digital-first platform, diluting the seamless user experience and requiring operational overhead.
  • Marketing and Promotion PLAN:
      1. Heavy advertising through social media as this is where many of our target customers will be.
      2. Referral program:
        1. Users who refer new members will be rewarded with free points 
      3. Promotion from studios and instructors
        1. In-studio Classy flyers
        2. Studios have their own social media accounts & campaigns
      4. Encourage people to sign up with free points for first time users (points will be roughly equal to one or two classes)
      5. Partner with small local businesses to offer their customers Classy discount codes
      6. Timeline:
        1. Referral program will be an early priority to quickly grow user base
        2. Partnering with studios directly will be an early priority as well
        3. Social media ads will be secondary, once our name is more established
  • Marketing and Promotional activities
      1. Social media campaign:
        1. Promotional video highlighting the benefits of classy can be advertised on people’s feeds
          1. Ex: A day in someone’s life where they go to multiple classes in a day like workout class in the morning, cooking class at night…they make friends and post about…something along those lines.
      2. Free points for first time users:
        1. If we offer points equal to 1.5 classes, and the user signs up for a class, they will have leftover points will not be enough to sign up for a full class, encouraging them to buy a new points package
      3. Weekly newsletters:
        1.  Sent out to a user and is specific to their area and the classes around them
        2. Studios will have the ability to make special announcements in these newsletters
        3. Announce seasonal campaigns, challenges, limited-time offers.
        4. Feature user-generated content to promote a sense of community between customers.
      4. Budget:
        1. $3M for marketing (comes from our ask from the pitch deck)
          1. $1.2M will go towards referral bonuses
          2. $1M will go towards social media/ad campaign
          3. $500k will go to hiring more marketing personnel
          4. $250k will go towards other marketing expenses
        2. $1M for customer service (also from pitch deck)
  • Customer Support and Service
  • Customer service is how Classy will stand out as a company. Tech companies today prioritize profits over customers. Classy has a customer-first support system with benefits like class insurance and cancellation support.
  • Classy has an FAQ to address common questions and concerns. Classy instructors can also respond directly to any questions a customer asks publicly.
  • Enhanced capabilities when booking through Classy including ability to cancel or edit class reservations.
  • Studios’ contact information is accessible on Classy if customers desire studio-specific support.
  • Prevent customer support problems before they happen by having Classy’s marketing and support teams on the same page about points bundles, special offerings, and company policies. 
  • Classy will enable studios to view customer reviews and feedback. Customers will be prompted with specific features of a studio they can rate such as cleanliness, difficulty level, and more.

 

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