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I. Environmental Analysis
DSTEP Analysis
Demographics:
Filipino consumers are looking for fresh snacks which offer health and nutrition benefits. Also,
research findings of Nielsen Company shows that chocolate is secondly preferred snack of
Filipino.
Social:
The chocolate industry, specifically dark chocolates, is viewed as healthy source and replace
for snacks with high-sugar content. People who are into the alternative lifestyle, health
conscious, who seeks a good low-in-calorie snacks and the chocolate lovers are the target
social group of the company.
Technology:
Due to the existing competitors, the creation of innovative products concerning to the health
sweet sensation of the Filipinos are made affordable. Making the confectionary brand more
exciting in terms of taste and packaging.
Economic:
Nielsen Global Survey 2014 reported that the chocolate has the most
percentage of consumers favorite snack in Asia. But Filipinos still
generally regard chocolate as a treat reserved for special occasions.
However, Sweetcore sees this as opportunity to offer= an affordable
chocolate that consumers may enjoy every day.
Political:
Cocoa as a key raw material, remains lacking in terms of quantity and quality. In this regard,
the government provides support in terms of improving the production of high quality cacao
beans.
II. Internal Analysis
III.
STRENGTH
Quality product mix
Health benefits:
Decreased insulin resistance
Lower blood pressure
Chocolate help stabilize blood sugar
Price according to Philippine market
OPPORTUNITY
Increasing demand for healthier variants
of chocolates
Special occasion in Philippines
e.g. Valentines Day, Christmas Day
WEAKNESS
Dental problems due to sweet
consumption
Eating too much will lead to
weight gain
THREATS
Competition
Preference and availability of
other substitutes (sweets and
desserts)
Marketing Strategy
We will start in entering our products in the colleges and universities cafeterias as a
market tester that could become a popular confectionary brand in the future.
Concentration will be on maintaining quality of products at its affordable price and
establishing a strong identity of healthy sweet sensation of products. Sweetcore will be
known for looking out for the health of consumers. We will make the confectionary
brand more exciting in terms of packaging with the slogan Everyday Sweetness for
Your Heart, to spread the health benefits of dark chocolate.
Following a combination of broadcast media and retailer store marketing program will
be developed. Supporting retailers by providing print advertisements. As soon as a
concentration of products are established in the universities, then broader media will be
explored.
IV.
V.
VI.
Personnel
Four Personnel
Equipment
e.g. Netbooks, High-speed
internet, camera, extension wires
Booth
Promotion Fee
Sample Promotion Cost
Packaging Cost
Prize Cost
Transportation Cost
Total Estimated Budget:
P38,480.00
70,000.00
10,000.00
50,000.00
7,500.00
5,000.00
10,000.00
10,000.00
200,980.00
Profit Calculation:
A)
10,500.00
10,000.00
10,000.00
C)
7,000.00
37,500.00
Multiply: 20 (Colleges/Universities)
750,000.00
750,000.00
200,980.00
Projected Net Income:
549,020.00
VII.
Promotional Objective
KEY RESULT AREA
1. Achieving target sales
GOAL
80% Sales target
WEIGHTAGE
100%
Kinds of Packs:
3.
Buying Allowance: Retailers Php100 to Php150 discount off the price list on each case
Retailers can purchase as much as they can depending on stock availability.
Straight discount will be implemented for retailers.
Time Frame: 3 months
4. POP Display
The POP Displays will be given to the retailers upon the delivery of products.
Providing two pieces of posters each colleges/universities cafeteria.
X.
Research and Pre-testing
Research:
(Attached here some link/URL (researches) about dark chocolates health benefits)
http://authoritynutrition.com/7-health-benefits-dark-chocolate/
http://www.terraclicks.com/watch?key=e311d86e808250b92227a281e923404a
http://www.worldcocoafoundation.org/wp-content/uploads/files_mf/latif2013humannutritionreview.pdf
http://synergyprograms.com/wp-content/uploads/2012/10/Benefits-and-processing-of-chocolate.pdf
(Attached here some link/URL (researches) concerning dark chocolate campaign)
http://bis.lexisnexis.co.uk/products/smartwatch/tabs-content/additional-resources/link-3/Dark_Chocolate.pdf
https://www.umb.edu/editor_uploads/images/college_management/Infusions_Business_Plan_-_Revised_Version__February_16_2012.pdf
http://www.lindtspruengli.com/fileadmin/user_upload/corporate/user_upload/Investors/Annual_Reports/Annual_Report_13_E_11_Marc
h_2014.pdf
https://static.googleusercontent.com/media/www.google.com/en/ph/adwords/pdf/step_by_step.pdf
Activity: Metaphor drawings - this will help respondents to talk about products and brands
by using imagery to share how they feel. To learn about how the brand makes people feel,
how they interact with the brand, and what the brand means in their lives. Participants are
asked to draw entitled, How I feel about Sweetcore. Then, participants share their
drawings with the group to fuel a discussion.
Activity: Picture interpretation - respondents are shown a pictures and asked to describe
the connections of each picture, what is happening, what dialogue might be going on
between characters, or how the scene might continue. Picture interpretation helps
participants express their true beliefs and attitudes more easily by allowing them to project
hidden feelings or associations onto a neutral scene.
XI.
Implementation
Action Plan
Activity
Campus Sampling:
Free Taste
POP Displays
XII.
To Dos
Coordinate with the
school officials
Person
Responsible
Marketing
Action Indicator
Signed Contracts
Production of
specialized packs and
smaller amounts of
chocolates
Production and
creative
Trade Marketing
Distributors
Marketing
Signed agreements
Setting up stalls
Creative
Fulfillment
Consumer Case: Consumers can choose from the Special Treat Packs offered in the
booth in exchange with monetary value. And will be given a chance to join the Photo
Contest. The consumers picture can claim to the Sweetcore Fan Page.
Trade Case: Retailers will get a discount per case if the target volume will meet. The
retailers will have a marketing support from the company by providing them a promotion
displays.
XV.
Contingency plan
XVI.