Pangea presantation
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Transcript of Pangea presantation
PangeaSITUATION ANALYSIS
Executive summary
In this PowerPoint, I will be presenting Pangea’s case study, or current situation on a macro level, based on:-Previous experience-Market study (Survey)
Strategic decisions and marketing solution will me the main focus of this presentation.
Objective of this presentation
Keep the business going through Ramadan period
What is Pangea?
Pangea is great beach resort, located In Jiyyeh.
Pangea is suffering from Awareness and key motivator. People don't actually know Pangea as much as they know "Oceana, Janna and others“.
PEST Analysis An acronym for the scanning of the external macro-
environment in which the Company operates: Political: Economic: Social:
country culture: On a religion level, Ramadan is an occasion to be taken into consideration, because the majority of Muslims don’t go to the beach during this period, in parallel “ food consumption decrease during the day”
Habits: On a macro level, Lebanese population are known by their nightlife and their intention on spending time on the beach during summer.
population growth rate, age distribution: Lebanese population is made of young adults ( to be seen in the next slide)
Technological:
What is Lebanon??Business wise, Lebanon is this Pop graph.
As we can see, in 2014, Lebanon was mainly for young generations and young adults.
A sum of 1 060 000 young adults “ 19- 29” males and females.
Current targets?
Pangea is targeting all ages "Kids and families"
To be more specific, Muslims clientele are more aware of Pangea than Christians Clientele.
THE 7’S OF STRATEGIC FITNESS(McKinsey 7-S Framework )
STRATEGY
SHARED VALUES
SYSTEMS
STYLE
STAFF
SKILLS
SOFT S HARD S
STRUCTURE
• On a strategic level, Pangea is targeting “kids and families”.
• The brand positioning is unknown, The consumer doesn’t know what you’re offering.
• Opening the door for all customers can also affect on the brand image
SWOT analysis
SWOT Analysis•Big beach resort•Handled by Warwik management•Know-how •Green spaces
Strengths
•No active marketing•Weak advertising•Weak brand awareness•Targeting kids and families •Passive on social media " last post January 18th"
Weaknesses
•Unsaturated market•Huge Potential targets ready to be targeted•unfulfilled customer needs
Opportunities
•Ramadan season starting 6 June•Unsafe reputation about the location•Lot’s of competitors on the goThreats
• Not attracting or communicating Christian clientele
• weak brand name • Absence of customer loyalty • low market coverage
Survey
Background
Every summer at Ramadan, Pangea’s business is paralyzed. To find the reason behind this situation, I did a survey with 30 questionnaire in order to analyze the situation, and understand the consumer behavior
Survey Objectives
To assess Pangea’s performance on the following marketing parameters: Awareness Top of mind? Age group? Religion? Familiarity Intention Image Key motivator Satisfaction Brand association
Respondents Profile The questionnaire was done:
Upper/ Middle class
Age (21 – 39)
Religion
5644
Profile
Females Males
20
80
Religion
Christians Muslims
20 - 25 25 - 30 30 - 40%0%
10%20%30%40%50%60%70%80%90%
Methodology Quantitative Structured Q’re Face to Face in central locations
Top of mind
Edde
Sand
s
Lagua
va
Pang
ea
Coral be
ach Praia
Bonita
bay
Reviera
Bay 18
3Pa
lms
Rmeileh
Havana
Oceana
Orchid
Doha h
illsUtop
ia
Bahsa
beach Jan
na0
0.5
1
1.5
2
2.5
3
3.5As we can see, Edde sands and Laguava already took place on the top of mind of the consumer.
Pangea is on the second level “2/25” mentioned Pangea as a top of mind
Awareness
Know pangea Don't know pangea0%
10%
20%
30%
40%
50%
60%
70%
80% 76% of the questionnaires have actually heard of Pangea
Visit
Visit before Never visite before44%
45%
46%
47%
48%
49%
50%
51%
52%
53%
54%52% of the ones who are aware of pangea, have actually visited it
Consumer’s opinion about who should the targets be?
Families Yound adults0%
10%
20%
30%
40%
50%
60%
70%
80%
TargetAccording to the consumers, pangea’s concept, is made for young adults (21 – 31) years.
65% of them thought this way
Pangea “General view” Consumer Perception
Top of mind
known/Unknown
Attractive
Pleasing
Socialy responsibleActive
leader
successful
Family/ Young adults
0
5
10
Current situation
Pangea “General view” Consumer Perception
Top of mind
known/Unknown
Attractive
Pleasing
Socialy responsibleActive
leader
successful
Family/ Young adults
0
5
10
Current situationDesired situation
EXPLOITING THE SWOTANALYSIS MATRIX
• Define our target • Create a loyalty program
Adjustment Defensive
• Massive Communication “Increase awareness”
• Highlighting prices• Build Key motivators
based on differentiation
• Repositioning the business
Offensive Reactivation
Strategies• Unsaturated market• Huge Potential targets
ready to be targeted• unfulfilled customer
needs
• Ramadan season starting 6 June
• Unsafe reputation about the location
• Lot’s of competitors on the go
Opportunities Threats
External
• Weak advertising• Weak brand awareness• Targeting kids and
families • Passive on social media "
last post January 18th“• Not attracting or
communicating Christian clientele
• weak brand name • Absence of customer
loyalty low market coverage
• Big beach resortHandled by Warwik management• Know-how • Green spaces
Strengths
Weaknesses
Inte
rnal
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we target new segments
Let’s take another look on the Pop graph
Young adults are really highlighted, and it’s clear what the Lebanese population is made of.
Let the pictures talk - Skybar – Beirut
White - Beirut
C U Nxt Sat
Caprice
O1ne – Beirut - Graduation
Oceana - Damour
Ansoff Matrix
Products/ ServiceExisting New
Mar
kets
Exist
ing
New
MarketPenetration
MarketDevelopment
ProductDevelopment
Diversification
As we can see here, our service is mainly the same.
If we have to work the current market or target “ Market penetration” It’s not worth it since:-We’re talking about smaller number of customers
This is why it is better for pangea to enter new market or targets and invest in them.
1st step: Target a new market
Customers Targeting
Customer Loyalty to Co./AttitudeAv
aila
ble
Sale
s Pot
entia
lGood Bad
Hig
hLo
wClass “A” Target.
Focus on.Find out the oneswho are worth D+
Loyally & D+ Resources
Not worth spendingmuch on them.
Don’t waste toomuch time on them.
.This Matrix talks about the relation between the consumer purchase power and his loyalty.
Pangea should Invest in high potential client in order to offer them loyalty programs.
2nd Step:Target Class A clients.
Other Advantage(Product Uniqueness)
Cost Advantage
Differentiation Cost Advantage
Difference Wise Cost Wise
The Mass Sales& Price
Strategy arena
Com
petit
ive
Scop
e?
Glo
bal
Mar
ket
Segm
ents
of
the
Mar
ket Focus
Broad Scope:
Industry wide
Narrow Scope:
Segmentation
The Generic Marketing Strategies (by SBU)
Since we already:
- Decided to penetrate a new market
-Targeted Class A clientele
This is why, our main focus should be on differentiation strategy “As mentioned in the matrix”
Why This target
Many companies are ready to be next to this target They generate more income from families Easy to satisfy Easier calling sponsor Easy to gain their loyalty
How can we target new segments?
Marketing and advertising
1. Massive ATL communication:1. TV ads2. Billboards3. social media
2. Massive BTL communication: “To be visible next to our target”1. Brochure distribution in universities2. Venues 3. Pubs4. Festivals5. Schools “ offer graduation programs in Pangea”
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we increase awareness?
Current Marketing funnelTarget market 1,060,000
Aware (30%)
Open to trial (18%)
Triers non rejected (18%)
Recent users “once last year” <18%
Recent users “more the once
last year” <12%
Users preferring Pangea
(7%)
Loyal customers(7%)
Future Marketing funnelTarget market 1,060,000
Aware (30%)
Open to trial (18%)
Triers non rejected (18%)
Recent users “once last year” <18%
Recent users “more the once
last year” <12%
Users preferring Pangea
(7%)Loyal customers(5%)
Target market 1,060,000
Aware (50%)
Open to trial (28%)
Triers non rejected (28%)
Recent users “once last year” <28%
Recent users “more the once last year”
<25%
Users preferring
Pangea (20%)Loyal
customers
(18%)
How can we increase awareness?
Marketing and advertising
1. Massive ATL communication:1. TV ads2. Billboards3. social media
2. Massive BTL communication: “To be visible next to our target”1. Brochure distribution in universities2. Venues 3. Pubs4. Festivals5. Schools “ offer graduation programs in Pangea”
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we reach the top of mind?
Why top of mind?
1. Get entrenched for the long term 2. Ensure you can be found. 3. Stop competing
Laguava Oceana
Edde sands
Coral beach Orchid
Janna
PANGEA!!!!
How could we reach the top of mind?
Marketing and advertising
1. Massive ATL communication:1. TV ads2. Billboards3. social media
2. Massive BTL communication: “To be visible next to our target”1. Brochure distribution in universities2. Venues 3. Pubs4. Festivals5. Schools “ offer graduation programs in Pangea”
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we create or reinforce Pangea Positioning
Why should we create or reinforce Pangea Positioning
Every company should have a certain purpose or promise to offer it for the consumers, on order to differentiate her self. For example: Nestle’s Positioning or slogan: Good food, Good life
Nestle Promised her customers to offer good food, in order to afford good life and health.
This is why Nestle’s Products and brands and based on healthiness and wellness
How should we create or reinforce Pangea Positioning
How should we create or reinforce Pangea Positioning
1. Competitive report:Find out what our competitors are offering and where did they positioned their selves. For example:
Brand Values PositioningKellogg's .Product benefits
.Feature
.Style
.Value for money
.Uniqueness
.Sophistication
“ bringing our best to you ”
Nestle .Healthyness.Wellness
“ good food, good life ”
General Mills Poppins
How should we create or reinforce Pangea Positioning
2. Find the gap and take it as our Positioning.Example of Positioning exercise:
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we Communicate the new Positioning
Why should we Communicate the new Positioning
Show your competitors that you’re differentiating your service. Give the consumer what he wants.
How should we Communicate the new Positioning?
How should we Communicate the new Positioning
1. Massive ATL communication:1. TV ads2. Billboards3. social media
2. Massive BTL communication: “To be visible next to our target”1. Brochure distribution in universities2. Venues 3. Pubs4. Festivals5. Schools “ offer graduation programs in Pangea
Strategic Recommendations – Why? & How?
Target new segments Increase Awareness Reach the top of mind Create or reinforce Pangea Positioning Communicate the new Positioning Focus on Key motivator and USPs
Why should we Focus on Key motivator and USPs?
Why should we Focus on Key motivator and USPs?
AFIIMSAwareness
FamiliarityIntentionImageKey motivator
Satisfaction
Based on these factors, a brand could be built or destroyed ??
If one of these factors is missing or weak, then we have to reinforce it.??
Pangea has 3 weak Factors-Awareness?-Intention-Key motivator
Why should we Focus on Key motivator and USPs?
Based of survey done, 76% of the questionnaire have heard of Pangea, but only 50% Visit is.
Why? Because the Key motivator is missing. We should stimulate our
clients, and remind them of the plus we offering.
How can we Focus on Key motivator and USPs?
How can we Focus on Key motivator and USPs?
The key motivator is the answer for: “Why should you choose Pangea or come to Pangea?” “What should we offer for the consumer in order to let him choose
Pangea?”
How to get there?
1. Use your biggest benefits2. Be unique3. Solve An industry “Pain Point” or “Performance gap”4. Be specific and offer proof5. Condense into one clear and concise sentence6. Integrate your USP into all marketing Materials7. Deliver on your USP’s promise
Operational Recommendation
Operational Recommendation
Marketing campaigns “ Increase awareness and Top Of Mind” Competitions Loyalty programs 18+ Entrance .....
Marketing campaigns To increase awareness and top of mind, as mentioned before, we
will need massive ATL communication: Radio ads Billboards “ jounieh , dbayeh, zalka , khaldeh, damour, jiyyeh, saida”
Marketing campaigns cost
http://www.pikasso.com/Products/Detail/20 1500$ Per week @ Jyyeh – 15 faces 1200$ per week @ saida – 20 faces 2400$ per week @ Universities (AUB – LIA – USJ) – 20 faces 22000$ per week @ road Star ( Beirut – Batroun) – 220 faces 2000$ all summer @ competitors PiKasso billboards
Budget: 32000 / month if the mentioned Billboards are available
Competitions
As mentioned before, we have to interact directly with our clients “ Young adults”
To do this, we can create competitions: radios ads “ NRJ or Virgin Radio” since they’re targeting young
adults Announce the competition:
Visit pangea Take a crazy Picture or a selfie next to the pool Share it on social media #Pangea the most crazy selfie will get a full package from Pangea”
Competitions
By doing this: We are increasing visits frequency Communication directly with our new targets Boosting our social media traffic Increasing awareness
Loyalty programs
All comers will get a branded A5 paper with 3 empty boxes With every visit, this paper should be signed by upper
management Every 3 signatures, the consumer gets a discount or free
entrance to pangea.
Loyalty programs
By doing this: We are gaining consumers loyalty from the first visit We are increasing visits frequency
18+ Entrance
In order to attract young adults, it’s better to take the decision Allowing only 18+ clientele to enter your resort
Kids don’t generate income Kids will annoy or disturb your clients Kids are the main reason behind your clients' escape
SWOT Analysis “Before”•Big beach resort•Handled by Warwik management•Know-how •Green spaces
Strengths
•No active marketing•Weak advertising•Weak brand awareness•Targeting kids and families •Passive on social media " last post January 18th"
Weaknesses
•Unsaturated market•Huge Potential targets ready to be targeted•unfulfilled customer needs
Opportunities
•Ramadan season starting 6 June•Unsafe reputation about the location•Lot’s of competitors on the goThreats
• Not attracting or communicating Christian clientele
• weak brand name • Absence of customer loyalty • low market coverage
SWOT Analysis “After”•Big beach resort•Handled by Warwik management•Know-how •Green spaces•Active marketing
Strengths
•Not allowing families with kids to enter the PangeaWeaknesses
•Unsaturated market•Huge Potential targets ready to be targeted•unfulfilled customer needs
Opportunities
•Ramadan season starting 6 June•Unsafe reputation about the location•Lot’s of competitors on the goThreats
• Active advertising• Better brand equity and awareness• Active brand• Attracting better clientele• Available Loyalty program • Covering a bigger area
• Targeting a bigger & active
What can I offer you?
What can I offer you?
Analyzing and enhancing the current brand positioning. Take brand ownership and provide the vision, mission, goals and
strategies to match up. Communicating with target audiences in a creative manner and
managing customer relationships. Sourcing advertising opportunities and placing adverts in the press -
local, regional, national and specialist publications - or on the radio, depending on the organization and the campaign.
Benchmarking the competitors and reacting offensively or defensively
Briefing designers and advertising agencies on future ads and Facebook posts.
What can I offer you?
Sourcing and securing sponsorship. Monitor market trends, research consumer markets and
competitors’ activities to identify opportunities and key issues. Evaluating marketing campaigns. Developing marketing plans and applying them based on the
strategy. Managing budgets Devising and presenting ideas and strategies
What can I offer you?
And Executing allrecommendations mentioned before
What can I offer
Full competitive report: Visiting the competitors as a mystery visitor I can find out: The Resources they enjoy, Their Management Team, Their pursued Strategy, Their Presumed Cost Dynamics, The Values they offer, Their Market Penetration and Coverage, Their preferred Marketing Gimmicks Their prices
In order to differentiate Pangea and offer services not available in the market
ASSESSMENTSGOOD AVG. WEAKELEMENTS SUGGESTED ACTIONS
1. STRATEGIC PROFILE :- Value / Price Parity- Competitive Posture- Equilibrium of Portfolio- etc...
2. MARKETING :- Market Share- Market Coverage- Positioning- etc...
3. PRODUCTION :- Capacity Usage- Productivity- etc...
4. etc...
- Rejuvenate by ......
EXAMPLE OF COMPETITIVE STRATEGIC REPORT
EXAMPLE OF COMPETITIVE OPERATIONAL REPORT “ WEEKLY”
This report will keep you updated, what the competitors are doing in the market:
-Social media-Event-Sponsorship
Competitive report
Marketing Plan 2016
Marketing Plan 2016
Business development section
What can you do during the winter?
Products/ ServiceExisting New
Mar
kets
Exist
ing
New
MarketPenetration
MarketDevelopment
ProductDevelopment
DiversificationMarket development
TO BE CONTINUED …
THANK YOU FOR YOUR TIME
Serge RizkallahMarketing Executive