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8/3/2019 Market Study-Joan and Edz
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Market StudyMarket StudyBy: Charisse Tadena
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A. Product/Service Description ± I. Name
± II. Features/Services
- Wash-Dry-Fold
- Wash-Dry-Press - Pressing
- Dry Cleaning
- Hand Washing
III. Major Users of the Product
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B. Demand-Supply Analysis
Demand
- the target market mostly composed of the
residents of Robinsons Homes East, Barangay
San Jose, Antipolo City
±Primary Market
±Secondary Market
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DEMAND PROJECTION FOR THE NEXT 5 YEARS
Projected Years Previous Year¶s
Demand (a)
Average Population
Growth
(b) =(a x 1.5%)
Projected Yearly
Demand
(a + b)
2009
2010
2011
20122013
12,480,000
12,667,200
12,857,208
13,050,066.1213,245,817.11
187,200
190,008
192,858.12
195,750.99198,687.26
12,667,200
12,857,208
13,050,066.12
13,245,817.1113,444,504.37
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SUPPLY PROJECTION FOR THE NEXT 5
YEARS
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NATURE OF COMPETITION
Laundry
Shop
Location Operating
Hours
Estimated
Meters away
Estimated
Daily
Customers
JM Laundry
Shop
Robinsons
Homes East
Monday to
Sunday 300 500 households
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DEMAND AND SUPPLY ANALYSISYears Demand
(a)
Supply
(b)
D-S Gap
c = (a-b)
Percent
Unsatisfied
(d)= (c/a)
(100%)
2009
2010
2011
2012
2013
12,480,000
12,667,200
12,857,208
13,050,066.12
13,245,817.11
9,360,000
9,500,400
9,642,906
9,787,549.59
9,934,362.83
3,120,000
3,166,800
3,214,302
3,262,516.53
3,311,454.28
25%
25%
25%
25%
25%
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C. 4Ps STUDY
Price
DRY FOLD Price
Comforter 45.00 /kg
Assorted T-shirts, shorts, blouse, sock s,
etc
25.00/kg
PRESSING LIST
Assorted T-shirts, shorts, blouse, sock s,
etc
30.00DRYING - assorted 20.00/kg
Bed Sheets, Curtains, Towels 30.00/kg
Seat Covers with Foam 45.00/kg
Seat Covers w/o foam 30.00/kgWDP 40.00
HAND WASH 55.00
press 75.00
Barong (short or long sleeved) 40.00
Long sleeve (trouser) 40.00
Coat 40.00
Overall/Coat 55.00
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DRY CLEANING PriceList
Suit (2 pcs. -Coat and pants 220.00
Long Coat 220.00
Coat-Lar ge 140.00
Coat- Medium 120.00
Coat-Small 110.00
Coat-k id 100.00
Barong Pinya 100.00
barong-Ordinary 90.00
Polo Barong 80.00
Wedding Gown 450.00
Pants 75.00
Sk irt-Long 75.00
Sk irt-small 55.00
Sk irt-Pleated 90.00
LadyC
oat 110.00
Evening Dress 180.00
Dress Ordinary - Long 120.00
Lady Suit (2 pcs) 180.00
Dress Plain 120.00
jack et-Ordinary 100.00
Jack et Lar ge 150.00
Jack et Medium 130.00
Blouse 75.00
Jumpsuit 140.00
Coat w/o lining 120.00
Barong K id Lar ge 65.00
bk id med 55.00
bk id small 45.00
neck tie 30.00
cap 30.00
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PLACE
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PROMOTION
Leaflets and Flyers
Services Offered
Price List (back)
Company Address and Contact
Number
Business Hours
Business Slogan
´Kame ang bahala sa labahan nyoµ
Tarpaulin
Business Name, Address and Contact
Number
Business Logo
Business Hours
Business Slogan
Services offered
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Website Screenshot
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D. Factors Affecting the Market
Population Growth
Income changes
Preferences
Prices of Substitute Products
Marketing Tool
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Factors Affecting Supply
± Development of Substitute Products
± Entry/Exit of Firm
± Sources/Causes of Production Process
± Improved Technologies
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E. Survey Results and Analysis of Data Gathered
The population only covered ages 20-60, which is the age bracket of our business target market. The population size would be: 800
households.
We handed out 267 questionnaires for the respondents using Slovens Formula with a 5% margin of error.
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F. Marketing ProgramSWOT analysis
Internal analysis and external business analysis of La Lovehan Ko Laundry Shop
Strengths
-La Lovehan K o Laundry Shop uses an advanced technology for the services
-High profitability of the business because it is more accessible to the mar k et.
-Faster and a more quality output is offered by La Lovehan K o Laundry Shop
-The location of the place has been a business spot before
-The business is located at the main road
-Prices are relatively competitive and accords to what the residents want
-Less investment cost. laundry business does not need a lar ge amount of capital
-Promotion strategies such as leaflets and website is a good one to attract not only the
residents of but also the community outside the subdivision
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Opportunities
-Development of the whole subdivision could give La Lovehan K o Laundry Shop more
opportunities to get a bigger mar k et demand
-Demand for laundry business. the growth of the mar k et and their lack of time washing
their own clothes creates a high demand for La Lovehan K o Laundry Shop and yet
competitors do not satisfy a big portion of this damand growth.
-Accessibility. the location of the business is easy to reach by the mar k et
-Supplies accessibility. the supplies needed to operate business can easily get.
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Weaknesses
-Lack of experience for the owner tomanage a laundry shop since it is her first
time to invest in this k ind of industry
-Since La Lovehan K o Laundry Shop uses
advanced technologies, maintenance for the machines is quite hard to maintain and
expensive
Threats
-New laundry shops or competitors is a bigthreat to La Lovehan K o Laundry Shop
-Price variation.
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Competitive ConditionCompetitive Condition
A. Market Description
B. Product Review
C. Competitive Review
Market Research ResultsMarket Research Results
Sales and Distribution PlansSales and Distribution Plans
± Positioning
± Product Strategy
± Pricing Strategy
Advertising and Sales PromotionsAdvertising and Sales Promotions