Marketing Plan
description
Transcript of Marketing Plan
INTRODUCTION TO BUSINESS
FINAL PROJECTBUSINESS PLAN
MADE BY:
Submitted to:
Dedication[Magalicious ice cream] Page 1
First we thank to All Mighty Allah
who gave us the strength and
courage to perform our jobs. We
dedicate our Final Assignment of
Introduction to Business to our
Parents who made us capable to
reach to the current positions.
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Acknowledge
ment
All praise belongs to ALLAH, the
Compassionate and, the Merciful,
who enables us to achieve and
accomplish all of our objectives.
And I would also like to Thanks our
Teacher Prof. RAFIQ , who helped
us a lot.
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Table of contents
EXECUTIVE SUMMARY……………………………………………………… .6
INTRODUCTION TO BUSINESS……………………………………………….6
IDEA........................................................................................................................7
INNOVATION........................................................................................................7
LOCATION.............................................................................................................8
BUSINESS COST...................................................................................................8
PROJECT COST.....................................................................................................9
PROJECT FINANCING.......................................................................................10
MARKET CUSTOMER........................................................................................11
TARGET CUSTOMER.........................................................................................12
BREAK EVEN ANALYSIS............................................................................12-13
LOGO…………………………………………………………………………… 14
PRODUCT AND BRAND NAME……………………………………………...............14
MARKET SITUATIONAL ANALYSIS………………………………………..15
SIZE AND SCOPE OF THE MARKET.......……………………………………15
MARKET ATTRACTIVENESS………………………………………………...15
PEST ANALYSIS…………………………………………………………….... .16
COMPETITORS…………………………………………………………………17
SCOOPY PRODUCTS AND SERVICES……………………………………… 18
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RAHAT PRODUCTS AND SERVICES………………………………………. .18
SAVOR FOODS PRODUCTS AND SERVICES……………………………. ...19
ECHO ICE CREAM PRODUCTS AND SERVICES………………………. .…20
CHAMAN ICE-CREAM PRODUCTS AND SERVICES...................................20
WHAT COMPANY PRODUCT FEATURES…………………………………. 21
GOALS AND OBJECTIVES……………………………………………………21
STRATEGIES……………………………………………………………….......22
MARKETING MIX…………………………………………………………. 22-24
COMPETITIVE GRID……………………………………………………….25-26
CUSTOMER ANALYSIS……………………………………………………….27
POTENTIALCUSTOMERS………………………………………………… 28-32
SWOT ANALYSIS…………………………………………………………..33-34
MARKETING OBJECTIVES AND GOALS…………………………………...35
MARKETING PROGRAM OBJECTIVES……………………………………..35
MARKETING STRATEGY..……………………………………………………35
TARGET MARKET……………………………………………………………..36
MARKETING PROGRAMS…………………………………………………… 37
PRODUCT/SERVICES/BRANDS TACTICS…………………………………..37
CUSTOMER AWARENESS AND LOYALTY………………………………...37
PRODUCT PACKAGING AND DEVELOPMENT……………………………37
PRICING TACTICS……………………………………………………………..38
SALES/DISTRIBUTION TACTICS………………………………………….... 28
COMPETITORS DISTRIBUTION CHANNELS……………………………… 38
INTEGRATED MARKETING COMMUNICATION TACTICS……………....39
ADVERTISEMENT……………………………………………………………..39
IMPLEMENTATION AND CONTROL……………………………………….. 40
MARKETING DEPARTMENT…………………………………………………40
TIME LINE……………………………………………………………………....40
CONCLUSION…………………………………………………………………..41
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Executive Summary
Business Plan is a discipline that tells us the proficiency of the market operations
and strategies of overall corporate sector. A Business Plan has been assigned to us by
Introduction to business Instructor as a Final Project. We have a plan to open an ice
cream Poular, our basic need is to provide a good quality of our product to customer, we
are launching a new flavor for kids, younger’s, teen agers and as well as for sugar
patients who are specially restricted to use any type of sugar stuff so therefore we have
introduced an ice-cream which is sugar free but when we tasted it. It tastes like Sweet.
And by this way we think that we will create a good impression on the people by serving
them. This will also have an effect on our income because before this there was no such
type of ice cream in the market.
Launching of Magalicious ice cream; this plan will throw light on the
introduction of the business, industry, and competitor and customer’s analysis,
Company’s SWOT analysis, its marketing goals and objectives, marketing strategy
Pricing, product/service/brand tactics, sales and distribution tactics communication
Tactics, its budget, implementation and control, contingency plan etc.
The basic purpose of conducting this research is to enhance the practical as well
as analytical knowledge about the marketing knowhow. With the help of this knowledge
we prepared a comprehensive marketing plan having all essentialities like Product,
Pricing, Place and Promotion Strategies. In fact we fulfilled all the key points and rations
of this marketing plan acquiring the prosperity of knowledge and skills
And finally positive outcomes of plan and the conclusion,
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Introduction to Business
Magalicious ice cream(ice-cream with different flavors), which we are offering
are most wanted by customers because they will get satisfaction after consuming it, our
ice-cream flavors are of high quality, reasonable price. We have introduced new flavors
in Pakistan such as bubble, jelly, and special ice cream for sugar patients which has no
sugar but tastes like sugar. Our target market is not only confined to the kids but also to
young and teen-agers .We will sell the ice-cream in scoops.
Idea:
Our idea is to build our own chain of Ice-cream Poulars, available for customers in different atmosphere at any time.
Innovation:
We want to create a uniform and more earning business of Ice-cream Poular. We will provide more facilities on cheaper rates.
“We are the lions to rebel with any profit seeking institution in matter of market survival.”
Current Market Situation:
Pakistan is an important territory of Asia. It is the Junction of Central Asia, Middle East and South Asia. It is strategically very important so there must be a mature marketing environment. But its environment is less aware as how much it should be. Now in Pakistan PKR 110 million are spent as a Fun Money. In Pakistan people have a little tendency to spend on ice cream. They take Carbonated Beverages, Juices and Snacks as to make a fun. PKR 8 million are spent on ice cream annually that includes all the Branded and Unbranded ice cream. Wall’s has 68% market share and rest of the 32% includes all the Branded and Unbranded ice cream. Now there is plenty of awareness about Ice cream as a fun and ice cream also has a psychological effect on the mind of people that it makes the somber mood happy. The entrance of Omore is the Eye Witness that Ice cream industry of Pakistan is making progress day by day and Wall’s is leading
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the market. It’s in a strong Position among its competitors having a lot of innovation in national and international brands. In fact it is far away from competition.
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Production
Maglicious Ice-cream Pakistan has a vast Production Plant in Temple Road near Mall
Road lahore. This unit produces 13,000 Liters Ice cream per day and supplies it all over
the Lahore . The Ice cream requires -18°C temperature and has a Life time value of 10
minutes out of freezer.
Location:
Our main branch will on mall (temple road )near Abid Market in a basement. Because its our own property and I will finalize that our first business will start on our own place …..
Business cost :-
The cost evaluation of the project is nearly 50,00,000. Following is a look on expenses.Construction charges:
Temple Road 3,00,000
Gulberg 500000
Liberty 500000
Defence 10,00,000
Lawrance Garden 10,00,000
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Business Cost:-
The cost evaluation of the project is nearly 5,000,000. Following is a look on expenses.Construction charges:
Things including in project cost:
Land, Building material, Labour is included in the abovementioned cost.There will be two portions given us follows : stylish
Bachelor area Separate RoomsFamily area Separate Rooms
Project Cost:
Particular Price Quantity Total
Land, Building ------- ------- 37,00,000
Chair & Table ------50 tables 200
chairs2,32,400
Lcd’s 50,000 5 2,50,000
Fans, energy savers & split
400 fan
80 e.saver
30,000 split
30 fan
170 e.saver
10 split
12000 fan
13600 e.saver
3,00,000 split
Sanitary cost 3000 100 3,00,000
Reception office 10,000 10 1,00,000
Cutlery 20,000 ------ 20,000
Curtains 1200 10 12,000
Staff, security 6000 10 60,000
Project financing:
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Our project financing is as follows.
Equity 70%
Property involved 30%
Followings are the partners of this private company
Name Share
Capital
Equit
y
Persona
l
Propert
y
Furqan Ahmed 30% 20% 10%
Muazzam Sardar 20% 15% 05%
Usaman Hanjra 20% 15% 05%
Muhammad
Qaisar
20% 15%05%
Awais Arshad 10% 05% 05%
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Market customers :
Lahore is the big city and it is called the city of Foods so, many of the people come to
Lahore for having a taste in very good areas Like “Food Street”.
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Target customers:
Our target customers will be those people who want a new
taste in yummy ice-cream and are strangers to this city.
Break Even Analysis:
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initial stage
1st year
2nd year
3rd year
0102030405060708090
expenses
assests gained
future value
Following is revenue and expenditure chart.
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1st Qtr
2nd Qtr
3rd Qtr
4th Qtr
0
20
40
60
80
100
expensesrevenueincome
Logo
The straight line in logo shows the innovation and growth
Product and brand Name:
Magalicious Ice cream
Product Packaging and Development:
After manufacturing the product we will place the product in specially designed plastic
cups and then put the product in the freezer to avoid melting. The cups are designed in
such a way that the open end of the cup is covered with the plastic cover to avoid leakage
and to look smart.
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MARKET SITUATIONAL ANALYSIS
The market of ice cream is growing but it goes to boom stage especially in summer and
trend goes down in winter let’s have an idea about current market situation of ice-cream
industry.
Market Definition
Our target market is not confined to children but any individual of any age group can
consume and use it, mostly people ranging from 4-45 years are our target customers and
are part of our target market.
Size and Scope of the Market As we will be operating in twin cities having huge population so our product will be
having wide scope and growth opportunities and a huge market our target market ranges
from age 4-45.
Market AttractivenessWe have decided to attract our market by following ways
Product
We are offering quality product and services seldom given by any other competitor
around the town. Our specialty is new flavors and sugar free ice cream.
Price
We are charging the a bit low prices as compared to our competitors do so it’s likely that
customer will switch towards our’s just for try.
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Place
We are selling our product at the places where customers feel convenience to buy (twin
cities and attached villages).
Promotion
In the beginning we are only going to have big boards at the face of the shops and ten
sales men on bicycles for selling as well as for promotion of our products product and the
brand name is displayed on the pack Inshallah when the business will flourish then in
future we are going to introduce van services and retail outlets at different points of the
twin city.
PEST Analysis: There are main four factors
Technological
Political
Economic
Socio-cultural
We discuss in those topics as follow
Technological
Because of too much advancement in IT technology is changing every day so it is
important for us to have the new technology to cope with time other wise competitor will
beat us and will be far back from them so it is important to have latest technology
according to requirement and to compete competitor.
Political
Due to political and legal instability in Pakistan Market of the product may go down
because of increase in general price level (inflation) and due to increase in oil prices.
Economic
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It is more likely that when oil prices shoot up and there will be inflation in the country
people may not have purchasing power to buy the things because “more money chases
fewer goods in case of inflation”
Socio-culturalBecause of the fact that the Pakistani youth is shifting towards the western culture
(Paradigm shift) so we have to consider the improvements in our products with the
passage of time to meet the requirement of changing culture.
Competitors
There are many different ice-cream manufacturers around the town but our strong and
healthy competition is with these following:
1. Scoopy Ice-cream
2. Echo Ice-cream
3. Rahat Bakers
4. Savor foods5. Chaman Ice-Cream
Scoopy Products and ServicesMain factory is in Rawat near chakbeli road they sell the ice-cream on the bicycles
(mobile service), on retail shops and in carriage vanes they are having very low market
share.
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There Flavors are as follows:
Vanilla
Chocolate
Strawberry
Mango
Rahat Products and services They are having three shops in Rawalpindi, Islamabad and Lahore. Market is quite high.
They are offering Flavors as follows:
Kulfa
Mango
Chocolate Chip
Pine Apple
Pista
Strawberry
Vanilla
Tutti Fruti
Savor Foods Products and services They are selling the ice-cream on their food corner they are having four outlets two in
Rawalpindi And one in Islamabad Market share is high.
Rawalpindi out lets Double Road
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Islamabad Outlets
Blue Area
Flavors are as follows:
Vanilla
Pineapple
Kulfa
Strawberry
Mango
Orange
Crunch
Chocolate
Pista
Tutti fruiti
Echo Ice-cream Products and servicesTheir main Factory is in “LALAZAR” near Tulsa Road their market share is Low. They
sell the ice-cream via mobile van and cycle service.
There Flavors are as follows
Chocó Dip
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Line Bar
King Kulfa
Break Kulfa
Chaman Ice-Cream
The main branch of chaman ice-cream located on Mall Road since they have started .
Vanilla
Pineapple
Kulfa
Strawberry
Mango
Orange
Crunch
Chocolate
Pista
Tutti fruiti
What Company’s Products features Magalicious ice-cream Company will not only giving products but also services. Our
product features are quality, quantity, a lot of flavors plus an additional flavor called
magalicious special and sugar free ice cream called sugar. a bit Low price compared to
competitor our services features are that we will also provide ice-cream at our shop we
will be having a lounge in our shop where we will serve ice-cream to our customers in
winter and in summer we will serve ice-cream to our customers in open air designed
specially for customers And in near future we will going to start the van service in twin
cities for our consumers’ convenience.
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Goals and Objectives Our objectives and goals are as follows.
Convenience:
Our objective is to provide our customers great convenience even if they are present in
villages our products will be available for them at stores near by their homes our sales
man will also go to different sectors at different timings to sale ice-cream and we will
also move towards van as well for customers’ convenience
Technology:
Our objective is to cope with change that is why we are having modern and latest
technology for designing and packaging our products, capable of providing efficiency
and productivity of work and we will keep on changing along with time.
Market share and growth
Our objective also include to increase market share and market growth
Profit
Our objective is to earn 10% of the profit
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Strategies
As we are going to be new in market so our strategies are going to be of making the name
of our product in the market, developing in market and penetrating.
Profits
We decided to earn10% of gross profit and our company profit will be based on sales
(Margin)
Marketing mix
Product
As our product is going to be new in market so it will under go the process of making
image but it’s not having yet, our products are having unique attractive and decent
packing, styles, features and set of characteristics
Price
Our price is economical so that a person of lower class can also afford
Place
We will be providing our products/services in cities as well as in villages near to these
twin cities where people were having problem in getting the product when they want. In
coming future we will be starting up vane service as well as mobile ice-cream shop. We
currently will provide our products/services on bicycles in different sectors.
Promotion
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We will currently be using the big board at the face of our shops and sales men on
bicycle, product and brand name is present on the product for promotion but Inshallah in
near future we are going to use the following advertising / promotional source.
Electronic Media
1. TV
2. FM Radio
3. E-marketing
Print Media
1. News papers, Magazine
2. Billboards
3. Banners
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4. Wall chocking in school colleges and universities
Ability to compete:
We have no rent to pay for building
We have new variety of flavors such as bubble gum, jelly and sugar free
Our price is economical
Competitive Grid:
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Competitors Product
(Scoop Flavor)
Competitor Our
Price(one scoop) Rs/- Prices
Scoopy Ice cream
Vanilla
Chocolate
Strawberry
Mango
Small Scoop 15 14
Medium 30 28
Large 45 42
Echo Ice-cream
Mango
Chocó Dip
Vanilla
Line Bar
King Kulfa
Choc bar
Break Kulfa
Strawberry
Small Scoop 16 14
Medium Scoop 32 28
Large 48 42
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Rahat Bakers
Kulfa
Mango
Chocolate Chip
Pineapple
Pista
Strawberry
Vanilla
Tutti Fruti
Almond
Small scoop 18 14
Medium scoop 25 28
Large Scoop 33 42
Savor Foods
Vanilla
Pineapple
Kulfa
Strawberry
Mango
Crunch
Chocolate
Pista
Tutti fruitii
Small scoop 15 14
Medium 30 28
Large 45 42
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Customers Analysis Our main Customers are going to be as follows
Retail shops
Marts
Sole Proprietor markets
Local Hotels and Restaurants
Potential customers
Retail shops, Marts, Sole Proprietor market Local Hotels and Restaurants:
They buy Ice-cream manufactured by companies which give them less margin for them ,
they buy from shops far from their outlet, but we are going to give them more margin
profit and provide them facilities of delivering them ice cream at their shops. We are
going to make shops situated in GHOUS Bakery In Mazang & Al-Noor Bakery in
Shadman near China Chok & Imran’s Baker’s In Jail Road near Fazal Din Pharmacy
which will facilitate customers as well as suppliers.
Since our business is new just now so we currently have less budget and will not be able
promote our products and services via promotional ad or any other marketing program
except big board of Magalicious Ice-cream on the face of our shops. People who will
have a look on this board at the face of the shop will get attracted by our beautifully
designed board and come at our shop to eat in our decorated lawn in evening or in our
lounge at day timings, as well as to buy/purchase
After experiencing positive post purchase behavior, quality of product and service and
cool and calm atmosphere most of the people will return back with a good experience and
will then come back to us to take the product/service again if this will continue for some
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Chaman Ice-Cream Kulfa Mango Chocolate Chip Pineapple Pista Strawberry Vanilla Tutti Fruti Almond
Competitor Price
Two Scoops
Four Scoops
Rs
25
50
Our Price
23
45
time then hopefully they will become our loyal customers and will attract the potential
customers as well through viral marketing
We Have decided that we will give special packages to our loyal customers as well as
membership and free coupons for the customer long term value purpose because we are
of the view of 8020 rule that if we will satisfy 20% of our customers then they will
provide 80% profit to company through viral/word of mouth marketing
Q1 Do you like Ice-cream?
0
10
20
30
40
50
Yes No Partial
QUESTION 01
QUESTION 01
One or two people said that they don’t like ice-cream rest of the people said that they like the ice-cream so we can conclude that there is a big market for an ice-cream and also have growth chances because of high scope
Q2 If ‘Yes’ then which flavor you like the most?
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0
5
10
15
20
25
Chocolate Vanilla Other
QUESTION 02
QUESTION 02
Mostly People like the tutti-frutti ice-cream. The percentage of tutti-frutti ice-cream is very high, rest of the people like the chocolate and strawberry ice-cream. So we can conclude the ratio of vanilla and other flavors is low.
Q3 Which Brand you like the most?
0
2
4
6
8
1012
14
16
18
20
Rahat Savour Scopy Echo Other
QUESTION 03
QUESTION 03
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Mostly customer like “Rahat and Savor” ice cream, the percentage of ice-cream is very high. They are loyal of those products. Rest of the people said that they like scoop, echo and the other ice-cream. So we can conclude that there is a big market rahat and savour ice-cream.
Q 4 Are you satisfied with your existing brand?
0
5
10
15
20
25
30
35
Yes No partial
QUESTION 04
QUESTION 04
Mostly people said that they satisfied for the existing brand. The percent of satisfied customer is very high. Rest of the people said that they don’t satisfy the existing ice-cream. So we can conclude that our product survive in this market.
Q5 Do you give response to promotional Ads?
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0
5
10
15
20
25
30
35
Yes No partial
QUESTION 05
QUESTION 05
Mostly people said that they don’t change their behavior for the promotional ads, because people are satisfied for their product. The percent of promotional ads is very low. Rest of the people said that they attract for the ads. So we can conclude that they don’t attract for the ads.
Q6 When you purchase something do you really need it?
0
5
10
15
20
25
Yes No partial
QUESTION 06
QUESTION 06
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No, mostly said they don’t need for the product. When they see the product they buy it. The percent is very high. Some customer said when they product need it they buy. Rest of the customer said that they buy on the partial basis .So we can conclude that there is larger number of customer who purchases the product when they don’t need it.
Q7 on what basis do you use a product/service?
0
2
4
6
8
10
12
14
16
Brand Price AttractiveAds
QUESTION 07
QUESTION 07
Majority of the customer agreed that they select our product on the bases brand and price. The percentage of brand and price is very high. Some customer agreed on the quality basis. But some of them were agreed that they select on the bases of attractive ads and convenience. So we conclude those majority customers are brand and price conscious.
Q8 When do you buy?
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Customer said they buy the product on the weekly basis. The percentage of weekly basis is very high. Some customer said they buy on the daily and monthly basis. Are relatively low than annually and others basis. So we can conclude that maximum customer buy product on weekly basis.
SWOT ANALYSIS
Strengths
Convenience
Technology
Cope with Change
Human Resource
Weaknesses
Low popularity Compared to Competitors
Consumers’ loyalty towards competitors’ brand
Low budget
Opportunities
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Daily Weekly Monthly Annually others
0
5
10
15
20
25
30
35
QUESTION 08
QUESTION 08
Private property
No building Rent
Our own Farm house
New flavours
Threats
Suicide bombing at popular places so people avoid to come out
We should face high prices of raw materials
Distribution of the final product as business will expand with greater pace in the
future.
SWOT ANALYSIS
Strengths Weaknesses Opportunities Threats
1)Convenience
Low popularity
Compared to
Competitors
Our Own property Suicide bombing at
popular places
(political & legal
environment)
2) Human
Resource
Consumers’ loyalty
towards competitors’
brand
No building Rent Low good will in
market compared to
competitor
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3) Modern
Technology
Low budget Our own Farm house Low market share
4) Ability to
Cope with
Change
New flavours Promotional Alliance
with Macdonald
Low market
growth
MARKETING OBJECTIVES AND GOALS
Our overall market objective include to capture market share and market growth in
addition to this we planned to earn 10% profit, market penetration, cope with the change
promotion from as much means (electronic + print media) provide quantity quality
uniqueness of the product as well as convenience to buy and use the product. and to
satisfy the needs and the wants of the customers.
Marketing Program objectives Our marketing program objectives are how we are going to manage the 4p’s (Product,
price, place, promotion) How we can manage these 4p’s to get the desired output in form
of high market share and the growth etc.
MARKETING STRATEGYThe marketing strategy is “Market development”.
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After having a look on the grid, we can say that we fall under category of Market
development strategies. As we know that the market for ice-cream exists and the product
is also available in market, so we have to adopt market development strategies.
Target marketOur target market will be people ranging from age 4-45 years
Customers prefer our products because
Good Taste
Same quality as our competitors
Economical prices (1-2 rupee below than competitor)
Attractive packaging.
Segmentation (different flavors)
Our special Offer “Magalicious Special”
Special packages to our loyal customers
Evidence that customers want our product
And sugar free ice cream
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Our survey questionnaire was designed in such a way that we intended to know what the
needs are and wants of customers and is there any product for our market so after analysis
and interpretation of survey questionnaire it is proved that customers want our product
and there is a big market of our product so it’s evidence.
MARKETING PROGRAMS
Product/Services/Brands Tactics When we compare our services and products to there is some main points on which
Magalicious ice-cream company products are having benefits and advantages these point
are as follows:
Better quality
Better services
(In lounge, lawn, restaurants and hotels, in your street)
Vane and mobile services in villages near to/within twin cities
Special Packages for loyal customers
Sugar free ice cream
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Customers Awareness and Loyalty At present we are only going to have big boards at the face of the shops and a sales men
on bicycle for selling as well as for promotion and awareness of our products and the
brand name is displayed on the pack but Inshallah In near future we will be starting vane
services. In near future we are going to use the following advertising / promotional
source.
Electronic Media
TV
FM Radio
E-marketing
Company Websites
www.magalicious.co.pk
Print Media
News papers, Magazine
Billboards
Banners
Wall chocking in school colleges and universities
Pricing Tactics
Company Product Price
Small Scoop 14 Rs/-Medium Scoop 28 Rs/-Large Scoop 42 Rs/-
Cost and margins
Sales= cost + profit
100%= 70% + 30%
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Customers Willingness to pay
Yes our customers are willing to pay because our target market is buying the product
from our competitor at price a bit more (1-2 rupee) than our price so it is obvious that
customers are willing to pay this price.
Sales/Distribution tactics
Mobile service (person on bicycle)
Vane service
Promotional Alliance
E-marketing
Web site
Competitors’ distribution channels Distribution Incentives (Push Verses Pull)
“Push” here means to attract customers by advertisement and
“Pull” Means to attract the customers via properly managing 4p’s (product, price, place,
promotion)
Means pulling the customers via:
Attractive packaging and features of the product
Economical or reasonable price of the product
Convenience
Awareness and promotion of the product
Mobile and vane services
Our company is dealing with “PULL” Distribution incentives
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Integrated Marketing Communication Tactics
Advertisement
Television (Geo,ARY)
The timing of the ads are designed in such a way that we will be giving ads at those
timings when mostly people (target customers) are watching TV or Listening Radio and
they can have a look on the ad and will get the message that we are conveying
The rest of the points below are self explanatory
News papers & Magazine (specially designed for kids)
E-marketing
IMPLEMENTATION AND CONTROL Marketing department will be responsible for implementation and control of the plan
Marketing department will include:
General Manager Marketing
Director marketing
Marketing manager
Customers relation manager
Sales men
Time Line
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Month Timings
10 April 2010 Procurement
15 April 2010 Start up of production process
20 April 2010 Product launch
25 April 2010 Start up of Mobile service &
Advertising through electronic media
(FM & TV & E-marketing)
30 April 2010 Advertising through print media
5 May 2010 Product Launch on hotels and restaurants
10 May 2010 Start of vane service
CONCLUSION
We successfully accomplished the assigned project on Business Plan. While
seeking knowledge for this we learnt a lot practical knowledge. We observed the
problems; the businesses have to actually face in the markets. The rise & falls and ups
and downs of the companies in the corporate sector. We developed a Marketing Plan
based upon the ground facts.
We observed the depth of every aspect of newly launched product, its overall
strategies, its foregoing as well as on ongoing threats, its Strengths, Weaknesses and
Current Opportunities in the competitive market. We also examined the performance of
our rivals just to triumph over them and to conquer their strengths. This plan discloses all
the anticipations of the group functioning on the project.
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