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Market Study Market Study By: Charisse Tadena

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