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Pre Setup Considerations

Sole Proprietorship vs. Partnership - Which is Better?

Options For A Daycare Startup


Daycare Mgmt

Finding The Right Location For Your Daycare

Developing A Daycare Business Plan


Staffing Matters

The 6Rs of Hiring For Daycare


Legal Considerations

Understanding Contracts for Daycare Owners


Marketing Tips

Copywriting Tips for Daycare Business Owners

Organising A Daycare Openhouse

Website 101 for Daycare Owners

Marketing Your Daycare Services


Selling Tips

Prospecting Tips For Your Daycare

Are They Ready to Buy Your Daycare Services?

Identifying The Most Profitable Customers For Your Daycare Business

You intend to start a daycare business. You are ready and raring to go. Your marketing plans are all set and you have put aside a nice budget that’ll help you inform your potential customers about your daycare business … but wait! Do you know who your daycare customers are? Does your target day care customer have a “face”? Do you know where they live, what’s their lifestyle, etc?

To effectively kick-start an effective marketing campaign, you first need to give your customer a “face”. You need to know who you are intending to target. To do that, you need to perform some form of segmentation and target marketing. Without proper market segmentation and targeting, your entire marketing strategy will be without focus.

DIVIDE YOUR MARKET (SEGMENTATION)
Segmentation is the identification of subgroups of consumers within a market who share similar needs and demonstrate similar purchasing behavior. Which means you need break your daycare customers down into smaller groups for easy management. Studies have shown that customers within the same segment are likely to exhibit similar behavioral traits and therefore, you can focus your marketing efforts on the group of prospects that are "most likely" to purchase your services. Sounds like a tall order, don’t worry. Read on, it is actually fairly simple.

First, there are a number of ways in which you can segment your day care market: By Demographic (based on gender, age, etc), by Psychographic (based on lifestyle or belief), by Geographic (based on location) or by Behavioristic (based on purchasing behavior). Here’s how you do it:  

  • Demographic – You can choose to segment the parents according to their age.
  • Psychographic – You can also choose to segment the parents according to the number of children they have.
  • Geographic – This is simple. You segment your market according to where they stay or where they work.
  • Behavioristic – You segment your market according to their purchasing power.

SELECTING THE RIGHT SEGMENT (TARGET MARKETING)
After you have successfully segmented your market, you need to select the right segment for targeting. For simplicity sake, let’s say we choose to segment our market by geographic region. After segmenting the parents according to where they stay/work, we choose to target at parents staying / working at Town A. Before you start marketing to parents staying / working in Town A, you need to consider a few criterias.

  • Is the segment viable and sustainable? Can we make a profit from it?
  • Is the segment accessible? How easy is it for us to reach the segment? 
  • Is the segment measurable? Are we able to obtain realistic data to consider its potential?

If your segment passes the test, then you are now ready to market to your target daycare segment. Your ideal daycare customer's now got a “face”!

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daycare starter kit

Turn your love for children into an exciting business that puts you in control of your life!

If you are looking to spending more time with your children but at the same time looking for an avenue to make some money, then starting a home daycare could be the perfect solution for you!.

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