Professional Documents
Culture Documents
MARINE PRODUCT
Titled:
CHAPTER 1
INTRODUCTION
The location of the business is at Kuala Perlis Industrial Estate. The selection of our business
smoked fish industry has been commercialized in the Malaysian market such as smoked
catfish and smoked tilapia. However, the numbers of entrepreneurs was low and this industry
was not performing well as expected because there was insufficient strategy in their
marketing. Overall, there are not so many competitors in this industry, most of the smoked
fish’s entrepreneurs selling their product through stalls at the market or sell it at their house.
The methodology is not effective as not many people will realize their existence, only those
who knew the makers will know about the smoked fish. In short, the smoked fish industry is
just a small industry that needs more exposure so that the smoked fish lovers can easily get
the product.
Smoked Aqua Enterprise only product is smoked seabass where it is a great meal or appetizer
in Malaysia. Our smoked seabass is added with special ingredients such as brown sugar,
lemon juice, garlic powder, onion powder, allspice and white pepper for better taste and
smell.
CHAPTER 2
BUSINESS PLAN
2.1 Introduction
Our business is focus on the in-the-style of traditional food industry called smoked fish. The
smoked fish industry has been commercialized in the Malaysian market such as smoked
catfish and smoked tilapia. However, the numbers of entrepreneurs was low and this industry
was not performing well as expected because there was an insufficient strategy in marketing.
Overall, there are not so many competitors in this industry, most of the smoked fish’s
entrepreneurs selling their product through stalls at the market or sell it at their house. The
methodology is not effective as not many people will realize their existence, only those who
knew the makers will know about the smoked fish. In short, the smoked fish industry is just a
small industry that needs more exposure so that the smoked fish lovers can easily get the
product.
flavours.
Our business has a lot of potential where it is a new product. The products are not fully
available in the market and competitions are low. Therefore, we will out-stand others easily
in this industry. Customers will know our existence and come to get the smoked seabass from
Operating is the most important element whenever one wants to start up business. It is one of
the most important parts in business plan. Without a good operation plan, Smoked Aqua
failure in delivering our product, and so on. To avoid this situation, management of the
Smoked Aqua Enterprise should be done perfectly. Management plays a key role in
successfully smoked seabass’s process and the most crucial part of the whole production
process.
Smoked Aqua Enterprise is producing smoked seabass to the whole consumer in Malaysia
industry, it will be essential through experience, research and knowledge, we learn how to
produce smoked seabass in commercial way instead of the traditional ones. Commercial way
here means we produce smoked seabass massively and using modern technology.
CHAPTER 3
OPERATIONAL PLAN
R A W M A T E R IA L P R E P A R A T IO N R O O M
S M O K E O V SE MN O K E O V E N
W O R K IN G W O R K IN G
T A B L E T A B L E
P R O C E S S IN G R O O M
O F F IC E
F R E E Z E R R O O M
P O R T A B L E
W O R K IN G T A B L E
F R E S H S E A B A S S
C L E A N I N G
B R I N I N G
D R Y I N G S M O K I N G
F R E E Z I N G P A C K A G I N G
3.4 Packaging
Our packaging is design to attract the customer’s attention and encouraging sales by using
thermoset plastic. The packaging are semi-transparent, chemically stable (proven to be safe),
good gas barrier and have a high tensile strength. The packaging also will be labelled that
provides information about the manufacture, the contents of the products, the nutritional facts
3.6 Pricing
Smoke Aqua Enterprise aims to create a new product that is not only affordable but also
marketable. We use cost based pricing because it is the simplest and most commonly used
pricing strategy. Cost based pricing is used on the total cast of the product plus a standard
mark- up.
CHAPTER 4
MARKETING PLAN
The success of a business venture depends very much on the ability of that business to offer
the product that is demanded by the target customer group. In order to meet customer
demand, our product-smoked seabass, will fulfil the needs and wants of our customer group.
In brining ingredients, there are special ingredients such as brown sugar, garlic powder,
onion, lemon juice, allspice and white pepper for better taste and smell. Moreover, only
selected types of wood will be used in the smoking process which to ensure the product’s
There were two type of marketing environment that has been identified. They are:
4.4.1 Product
a. Brand
We use Smoked Seabass as our brand name which reflects the tasty, benefits and
qualities of our smoked seabass. It is also easy to pronounce, recognize and remember.
b. Quality
Our smoked seabass is freshly made and inspected to maintain its quality. It could last
for more than a month if store in cool place. We also use a quality flavours to give the
c. Design
We design our smoked seabass in simple way which is in attractive packaging to fulfil
4.4.2 Price
The price that we have decided is considered reasonable after evaluation of all the factors
4.4.3 Promotion
Smoked Aqua Enterprise will ensure that its product is well received and promoted in the
best ways possible under the range of the budget. Besides that, the employee must be
mentally and physically focused on producing a quality product and pleasing the customer.
i. The product will be advertised through the medium of radio broadcasting which is
played daily for a period of times, in newspaper (once a week every on Sunday). It is
important to grab the audience attention during their leisure time. Research proves
ii. We will advertise our product using hanging bunting which to let the customers aware
iii. Smoked Aqua Enterprise will be engaging an agreement with Malaysia tops
supermarket such as Giant and Tesco to market our product. This agreement will be a
iv. Internet is the most effective marketing medium where it is easily access. So, to take
advantage of the effectiveness of the internet, we have created our own website to
promote our company to the customers. In here, the customers can get a lot of
4.4.4 Place
Smoked Aqua Enterprise will manufacture its products itself and distribute in many channel.
The forms of the distribution channel that we use are manufacturer to intermediary and
manufacturer to consumer where all of these channels will giving us advantages to promote
Strength Weakness
✔ Using a modern technology in ✔ Inconsistent production cost.
production. ✔ Inconsistent raw material supply.
✔ High demand in marine food. ✔ Fresh company meaning there is no
✔ Government support. market yet.
✔ Using additional ingredients for
better taste and smell.
✔ Using attractive packaging.
✔ Reasonable price.
Opportunity Treat
✔ Export to neighbouring country. ✔ Competition.
CHAPTER 5
CONCLUSION
Smoked Aqua Enterprise product is highly profitable and marketable. There are many
reasons to support this statement. Firstly, the product has a better taste and smells that
unforgettable because of the ingredients used to produce this product. Smoked Aqua
Enterprise aims to be the pioneer to the business of smoked seabass production on a large
scale. The goal is possible because there are not many competitors to compete with us. In the
future, we hope the product will reach into further destination outside Malaysia.