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Company Profile
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Marketing ManagementProposed Outline
Learning Objectives
Company Profile
Description of Product (if product analysis)
SWOT
Opportunities• Trends towards
healthy living (evidenced by the success of C2 green tea)
• Current green tea craze
• Economic growth in the Philippines is steadily increasing
• Warm tropical climate
Threats•Big number of
competitors•The fast turnover
of “fads” once a new product comes along
Strategic Direction
Strategic Direction• Serenitea has a lot of products
and are constanly developing new ones, basically the sheer number of choices and combinations are what makes it very successful among the youth
• Also the nature of the product (milk tea) will only be appealing to a certain age group – the school age group and young adults
• Therefore the group decided to penetrate the existing market with the existing products
Goals• To be the first choice
of drinks among the youth
• To increase profit through brand advertising and publicity
• To increase promotions• To obtain customer
loyalty
Objectives• Create advertisements and
billboards which will target the youth (facebook, twitter, TV)
• Tie ups with credit card companies (BDO, Citibank, etc)
• Create promos in Groupon / cash cash pinoy
• Develop a Loyalty card/ a planner/ merchandise
• Place stores near schools, parks and hip places where the youth gather
Market Research
Market Position and Competitive Study
Target Market•Segmentation
Consumer Insighting•Impact assessment
▫Innovator - Serenitea has helped spurn a milk tea fad and create the need for more milk tea branches
▫Products seen as a healthier equivalent of coffee in terms of the use and comfort that it provides
▫The variety of flavors and customization options has allowed customers to feel that their drink is their own
▫More branches that would make the product more reachable will receive a positive response from clients
Consumer Insighting•Propensity Modeling
▫Since milk tea is essentially a fad, there is a chance that Serenitea will lose customers once the trend has subsided
▫Factors that will help keep up the trend Social marketing Groups of friends or colleagues Perception of other people that Serenitea is still
the better and tastier alternative Establishment of a cozier, more permanent
establishment that will allow customers to enjoy their drink
Consumer Insighting•Most popular products
Milk tea Flavor Sinkers Food• Hokkaido• Okinawa• Nagoya• Wintermelon• Irish cream • Hazelnut
• Pearls• Pudding
• Chicken Chops• Pepper Tofu
Consumer Insighting•Critical Lag
▫Purchase of products can be done individually or by bulk By bulk purchases are more common in
establishments near offices▫There is a short waiting time between the
purchase and the receipt of the drink Consumers are notified about the arrival of the
drink with a small device, allowing them to spend their time freely during the waiting period
Branding: Brand DNA
Branding: Brand PositioningFor the healthy individual, Serenitea is the
place-to-go for a healthy, tasty and refreshing way to experience tea. It’s unique use of a tea-espresso machine enables you to enjoy the true richness and flavors of this time-old drink. A modern twist to a historical drink!
Value Proposition•Market
▫Upper and middleclass population•Value experience
▫Having an enriching, relaxing and healthy way of enjoying tea
•Offering▫Milk tea and snacks
Value Proposition•Alternatives
▫Coffee, fruit juices, soda•Proof
▫Recent trend of making healthier, more organic choices
▫Increasing popularity of milk tea as the healthier and tastier alternative
One Sentence Positioning Statement•For upper and middle class of all age
groups who are searching for a unique way to relax and enjoy tea, SERENITEA is the milk tea shop that provides innovative and quality milk tea that is both refreshing and relaxing at the same time, enabling its customers to achieve a sense of balance and relaxation.
23
Pricing
Placing and Distribution
Communication Strategies (IMC)
Other Important Moves (Optional)•Service Marketing•Global Marketing•Marketing Warfare•Blue Ocean
Reflections
Session 12• Special Topics
▫Service Marketing▫Global Marketing▫Marketing Warfare▫Blue Ocean
Session 14•Research Presentation
Session 15•Executive Session – Marketing Forum