MARKETING-PLAN - Group 5 PDF
MARKETING-PLAN - Group 5 PDF
MARKETING-PLAN - Group 5 PDF
A marketing plan is your road map for finding and keeping customers. By planning your marketing step by
step, you give your company the best chance of success in today’s competitive marketplace. From
establishing a strong brand to understanding your ideal customer to creating a compelling buying
experience, the time you put into planning now will pay off many times over in the months and years to
come.
TABLE OF CONTENTS
DEFINE YOUR BRAND
What is your vision statement?....................................................................................................................2
What is your value proposition?.................................................................................................................. 2
What is your positioning statement? ..........................................................................................................2
A strong brand is the foundation for your company’s success. To build a great brand, you need to be
clear about why you’re in business and where you want to take your company.
You may find yourself returning to this section to fine-tune and adjust as you work through the full
marketing plan and clarify your understanding of your target customers, competition and market
opportunities.
Further reading: 3 essential elements of a successful brand and 3 common signs your brand is broken
Aling Nene’s store has a cheaper price of goods and some vegetables are also available which differs from other
stores in their place. Their store also has a secure and clean stock room where they put their stocks of goods.
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MARKETINGPLAN
Part 2 Identify your customers
The purpose of a business is to create and keep a customer. This makes understanding customers the
top priority of any business.
Further reading: How to boost sales: Start by knowing your customer
What is their
demographic profile? Age: 18 yrs old Age: 19 yrs old Age: 20 yrs old
Age, sex, profession, Sex: F Sex: F Sex: F
income, social status, Profession: Student Profession: Student Profession: Student
education, etc.
Income: 150 Income: 1k Income: Monthly 15k,
Social Status: Single Social Status: Single Annually 180k
Education: College Education: College Social Status: Single
student Student Education: College
Student
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MARKETINGPLAN
Part 2 Identify your customers
Where are they located? Brgy. Mamatid. San Isidro, Cabuyao, San Isidro, Cabuyao,
Cabuyao, Laguna Laguna Laguna.
Why would this person Aside from their Because the business I will buy your product
buy your product or accommodating staff, has reached the because of the quality
service the product itself which qualities that I am and reasonable price.
is the milk tea most looking for.
especially its taste is
good that I can say they
just put the right amount
of ingredients and no
after taste at all that
made me patronize their
business.
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MARKETINGPLAN
Part 3 Understand your competitors
You must understand what your competitors are doing and how their products or services stack
up against yours. Analyze your competitors’ websites, product documents, brochures and catalogues.
Talk to their customers about their needs. And don't overlook the opportunity to learn more
by talking directly to the competition.
Further reading: How to conduct your own low-cost research on the competition
Where are they located? Blk 22 Lot 60 Ph6 Blk 11 Lot 59 Ph6 Blk 11 Lot 97 Ph6
Mabuhay City, Mamatid Mabuhay City, Mamatid Mabuhay City, Mamatid
Cabuyao, Laguna Cabuyao, Laguna Cabuyao, Laguna
What are their target The target market of The target market of The target market of
markets? Marasigan’s stores their Peter and Rose store is Neil’s store is all of the
loyal customers and the the teens especially kid people in their location.
people around them. who loves snacks.
What are their unique They sell snacks every Attitude and have a Pricing of the product
selling points, competitive afternoon like (burger, patience handling a will be the challenging
differentiators? shawarma, shake and customers. factor.
halo-halo)
What are their strengths, The strengths of The strength will be Strength will be their
weaknesses? Marasigan’s store have their goods for the location in the market
a, good products, then teens like (candies, ice place or their barangay.
clean facilities, and they cream and other cold
give the wants of the snacks.) Weaknesse they don’t
customer. have what the other
Weakness additional store have.
Weakness will lend cost for the delivery of
others products with the goods.
possibility not paying
first before borrowing
again.
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MARKETINGPLAN
Part 4 Analyze your business
Now it’s time to take a hard look at your own business. You do this with a classic SWOT analysis—
defining your Strengths, Weaknesses, Opportunities and Threats.
Strengths
Capabilities
Affordable Supplies
Loyal Customers
Sales Responsiveness
Friendly to Customers
Weaknesses
Not Popular
Nearby Store
Location of Store
Unstable supply of products opportunities
Opportunities
Customer Needs
Expansion of Store
Supplies of daily use
Less competitor
Less effort to purchase treats
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MARKETINGPLAN
Part 4 Analyze your business
Threats
Similar Store
One groceries store
Increase product price
Emergence of new competitor
Uncertain weather conditions
(Examples: Rainy days, Storm)
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MARKETINGPLAN
Part 5 Define your difference
You’re ready to craft a unique selling point (USP), a description of what makes you distinct in the
marketplace.
A USP must articulate a compelling and decisive advantage you have over the competition. Consider
writing your USP as an “only statement” as in: “We are the only business in the city/the country/the world
that does X.” Refer to your vision, values and positioning statements in Part 1.
Sari-sari store plays a vital role in the growth and development of our economy. It is an aid to the Filipino
people inside the community and provides us our primary needs which are food. Aling Nene’s store
business is not the product they sell but the convenience they have.
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MARKETINGPLAN
Part 6 Map your customer’s journey
Your goal is to deliver the right messages, to the right people, at the right time. It’s essential to
communicate your brand consistently throughout your customer’s entire journey with you—from discovery
to purchase to after-purchase support and repeat business.
The key is to understand, at each point in the journey, what customers hope to achieve from the
transaction and what their expectations of your business are. By referring back to the customer personas
you completed in Part 2, complete the following chart to clarify what marketing activities at each point on
the journey are necessary for creating a loyal customer.
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MARKETINGPLAN
Part 6 Map your customer’s journey
to our business? flavors and location and different customers and products for the
create friendly talk or have a good service. customers.
good conversation to
the customers.
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MARKETINGPLAN
Part 7 Create your action plan
You’ve done the hard work of defining your business and its market. Now it’s time to bring it all together
by planning the marketing tactics you will use to attract and keep customers. Describe how you will
promote your product or service, remembering that not every tactic makes sense for every business.
Consider what will resonate with those customer personas you completed in Part 2, given your budget
and human resources.
But first, start with some basic information about the resources and strategies you will use.
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MARKETINGPLAN
Part 7 Create your action plan
CONTENT (Further reading:10 tips for attracting customers with great online content)
It should be vital in each circumstance and attempt to discover on what the buyers needs and wants so that the
business will have the option to realize what to do and what is useful for the consumers and b great to customer’s
especially in online content. The feedback will be useful for the new customers to know if the quality of the product
is good. Keep away from the hard sales messages, seller should have a great communication to the consumers
always. The owner is the one who is responsible for the producing and managing the product by knowing how to
plan the things they need and on how to organize the other stuffs.
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MARKETINGPLAN
Part 7 Create your action plan
The social media strategy perhaps the use of Facebook page to disseminate information and to monitor the business
transaction. The buyers will adore the item particularly when the proprietor is answerable for its business so the
significant is be straightforward and be mindful on the grounds that individuals will see it and feel that it’s the best
shop so better to move toward them decent fortunate. The business should have rules and guidelines for the
consumers and the assistant will help them to choose wisely.
First, measure your business’s website performance, the website should continually evaluate how your sit is getting
along, and change your computerized properties and web based promoting efforts to change over more gust into
paying clients. Second, have to think the best way to be on top or quality products. Third, fastest way to know the
product is in the advertising where paid search ads. Fourth, you should make a move, measures the outcomes, make
enhancements and afterward changes. Fifth, you can assemble more trust and improve transformation rats by
offering customers a profoundly customized insight.
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MARKETINGPLAN
Part 7 Create your action plan
The store vision is to have an affordable product to our customers and provides friendly, helpful service regarding the
store efforts to help the primary needs particularly by Filipino family that is unable to buy expensive one.
To ensure customers’ loyalty and satisfaction, we should make customer service a priority on personal transactions
and even online, because in every interaction of staffs with customers will be the outcome of judgment call about the
company’s service. Second, is to reward your customers with discounts or exclusive offers for them to feel
appreciated.
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MARKETINGPLAN
Part 8 Monitoring, measuring and improving
To measure the return on investment from your marketing plan, you must track the effectiveness of your
activities. Generally, you do this by monitoring customer conversion metrics (e.g., sales, quote requests,
e-newsletter sign-ups, eBook downloads, etc.) and by gauging the impact of specific tactics and
campaigns. If something is not working, you must adjust to improve.
Further reading: Small data’ is the big answer for small business
The effectiveness of the marketing activities will measure by checking the social media and website
analytics, through this you may not be able to measure the number of leads or conversions but you can be
able to know how many people followed your site, how many new friends or connections you generate
and how many likes, comments and shares about your product or service. Another one is the Overall
Return on Investment or ROI, this will measure the investment’s profitability and evaluate the efficiency of
an investment.
The adjustment that the store will conduct in order to improve is by expanding beyond selling mobile phone load and
also do the payment center for utility bills or on remittances. It is more convenient for public particularly to those
customers who cannot afford.
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