Upload
tokzhit
View
213
Download
0
Embed Size (px)
Citation preview
8/16/2019 Chapter III Marketing Aspect.g
1/24
CHAPTER III
MARKETING ASPECT
I. MARKET DESCRIPTION
The market projection of the study is based on the surveys conducted within the
vicinity of Valenzuela City. Projection of demand, supply and sales for the first five years
of the operation is based on the different factors like the population growth, market
acceptability, and other aspects. The researchers also considered the competitors that may
affect !"V#$ %ody &assage and 'pa(s service prices. The objectives of the proposed
project is not merely meeting the needs or wants of the customer but as well as to e)ceed
their e)pectations. *nowing the customers( demand and supplying them with the right
services at reasonable prices$ will be the key factor to achieve the objectives of the
organization.
II.DEMAND ANALYSISA. Major Users of the Servie
Ta!"e #$
Major Users of the Servie
Ge%&er 're()e%* Pere%ta+e
+emale - /0
&ale 10 2T3T45 $,, #--
8/16/2019 Chapter III Marketing Aspect.g
2/24
28
Table - presents that majority of the respondents who availed of and e)perienced
body massage and spa are female with /067 while male with 26. +emales are the major
users of the service.
. De/a%& for the Ne0t 'ive Years
Ta!"e #1
Projete& De/a%& for the Ne0t 'ive Years
Year
Mar2et
Ae3ta!i"it*
Tar+et
Po3)"atio%
're()e%* of
4isitA%%)a" De/a%&
8/ 106 -1,191 -06 :-,2/9
81 106 -98,2: -06 :/,9:
89 106 -9:,-:- -06 :0,8-/80 106 -00,/92 -06 88,280
8: 106 -:9,:99 -06 8,0-9'ource; 8 "ational Census of Valenzuela City
68+inal?'pecial68@elease?Valenzuela6"ew.pdf A.
Table 2 presents the projected annual demand of spa and massage services for
the years 8/ to 8:. &arket acceptability was obtained based on Table 1 and +igure 1
which shows the respondents who go to a body massage and spa center with the total of
106.Target population was obtained based on Table with ages 8 to 12 years old. The
+reBuency of Visit was obtained based on Table 0 and +igure 0 which shows that
majority of the respondents go to the spa once a week with -06.The annual demand for
8/ to 8: is increasing because the target population is likewise increasing annually
by .826 based on the "ational Census 3ffice of Valenzuela City. #n getting the
http://www.nsoncr4.ph/2010%20VPH%20Final_Special%20Release_Valenzuela%25New.pdfhttp://www.nsoncr4.ph/2010%20VPH%20Final_Special%20Release_Valenzuela%25New.pdfhttp://www.nsoncr4.ph/2010%20VPH%20Final_Special%20Release_Valenzuela%25New.pdfhttp://www.nsoncr4.ph/2010%20VPH%20Final_Special%20Release_Valenzuela%25New.pdf
8/16/2019 Chapter III Marketing Aspect.g
3/24
29
annual demand, &arket 4cceptability ernandez7 and from 5iberty 'evilla, receptionist of >ealot
>ouse, who was interviewed last 'eptember :, 82 by Filmar 5lano
8/16/2019 Chapter III Marketing Aspect.g
4/24
30
Ta!"e #8
Projete& A%%)a" S)33"*
Co/3etitors 9-#6 9-#8 9-#: 9-#; 9-#,I%fi%i/a :,8- :,- :,2/2 :,10- :,:9
7e% Asia 2,-1 2,2- 2,/-0 2,120 2,918
Hea"ot Ho)se ,08- ,029 ,0: ,:-0 ,:0/
Tota" #6
8/16/2019 Chapter III Marketing Aspect.g
5/24
31
Projete& De/a%& a%& S)33"* Ga3 A%a"*sis for the Ne0t 'ive Years
Year A%%)a"
De/a%&
A%%)a" S)33"* Ga3=Avai"a!"e Mar2et
8/ :-,2/9 /,2 90,-/
81 :/,9: /,/8: 08,8
89 :0,8-/ /,002 0,/
80 88,280 1,1: 02,-:8: 8,0-9 1,11 01,9/
Table 9 shows the Projected Iemand and 'upply Jap 4nalysis for the ne)t five
8/16/2019 Chapter III Marketing Aspect.g
6/24
32
CompetitionD%ased Pricing include JoingD@ate Pricing$, where the prices are set
based largely on following competitors( prices rather than on company cost or demand.
+irms feel that the going rate represents the collective wisdom of the industry concerning
the price that yields a fair return. They also feel that holding to the goingDrate price will
prevent harmful price ilot w=
Ventosa Cupping
P 288.88 P 2/8.88 P 08.88
+oot 'crub P /8.88
%ody 'crub P -88.88 P 2/8.88
>ot 'hower %ath P /8.88
4roma &assage Therapy P -8.88
8/16/2019 Chapter III Marketing Aspect.g
7/24
33
A. Co/3etitive%ess of Servies Offere&
Ta!"e #,
Co/3etitive%ess of Servies Offere&
Co/3etitors Servies Offere&
I%fi%i/a • 'wedish &assage
• Thai &assage
• Combination &assage
• 'ignature &assage
• +oot and @efle)ology
• #onic +oot Ieto)
• !ar Candling
• 'tone &assage
• Traditional >ilot w= Ventosa Cupping
• %ody 'crub
7e% Asia • 'wedish &assage
• 'hiatsu &assage
• Thai &assage
• Combination &assage
• enD'wedish &assage
• +oot @efle)ology
• #ndian >ead &assage
• %lack &assage
• #onic +oot Ieto)
• !ar Candling
• 'tone &assage
• Traditional >ilot w= Ventosa Cupping
• +oot 'crub
Hea"ot Ho)se •'ignature &assage
• 'wedish &assage
• 'hiatsu &assage
>ilot Fellness
>ot 'tone &assage
Traditional >ilot
>and and +oot @efle)ology
8/16/2019 Chapter III Marketing Aspect.g
8/24
34
+acial &assage
!)press &assage %ack
'ource; #nterview from personnel of #nfinima - rdflr. @.+. %ldg. &aysan, Valenzuela City iDway, &arulas, Valenzuela City ealot >ouse, E-- &ac 4rthur
>iDFay, &arulas, Valenzuela City ealot >ouse. The data were obtained from &r. 4le)
'alvador, personnel of #nfinima, who was interviewed last 'eptember -, 82 by @omark
5ouis &aniago7 from @ebecca %asas, receptionist of en 4sia, who was interviewed last
'eptember 0, 82 by *arla Goy Gosafat and Goyce Claire >ernandez7 and from 5iberty
'evilla, receptionist of >ealot >ouse, who was interviewed last 'eptember :, 82 by
Filmar 5lano.
8/16/2019 Chapter III Marketing Aspect.g
9/24
35
I%fi%i/a 7e% Asia Hea"ot Ho)se
E%vi o&*
Massa+e a%& S3a
Tarpaulin Tarpaulin Tarpaulin Tarpaulin
+lyers +lyers +lyers +lyers
+acebook +acebook +acebook +acebook
'ource; #nterview from personnel of #nfinima - rdflr. @.+. %ldg. &aysan, Valenzuela City iDway, &arulas, Valenzuela City ealot >ouse, E-- &ac 4rthur
>iDFay, &arulas, Valenzuela City
8/16/2019 Chapter III Marketing Aspect.g
10/24
36
9. DEMOGRAPHIC
o 4ge ; 8 D 12
o Jender ; &ale and +emale
C. Pro3ose& Pries
Ta!"e 9#
Servies Offere&
Goi%+ Rates Prii%+
Servies
Pries
I%fi%i/a 7e%asiaHea"ot
Ho)se
E%vi o&*
Massa+e
a%& S3a
'wedish &assage P 08.88 P /8.88 P /8.88 P -:.::
8/16/2019 Chapter III Marketing Aspect.g
11/24
37
'hiatsu &assage P /8.88 P /8.88 P -:.::
Thai &assage P 08.88 P /8.88 P -:.::
Combination &assage P -/8.88 P /8.88 P -:.::
'ignature &assage P -/8.88 P 18.88 P -/8.88 P /:.::
+oot and @efle)ology P -8.88 P 08.88 P /.88 P 1:.::
#ndian >ead &assage P 8.88 P 8:.::
%lack &assage P /8.88 P -:.::
#onic +oot Ieto) P -/8.88 P --:.::
!ar Candling P -8.88 P /8.88 P /8.88 P -:.::
'tone &assage P -08.88 P 2/8.88 P 288.88 P -1:.::
Traditional >ilot w= Ventosa
Cupping
P 288.88 P 2/8.88 P 08.88 P -0:.::
+oot 'crub P /8.88 P -:.::
%ody 'crub P -88.88 P 2/8.88 P 0:.::
>ot 'hower %ath P /8.88 P 2:.::
4roma &assage Therapy P -8.88 P -8:.::
Table shows the JoingD @ate Pricing of the e)isting competitor(s body
massage and spa establishments, the business owners decided to set the price of the
services based on CompetitionD%ased Pricing, specifically the JoingD @ate Pricing. The
prices are low but competitive enough to meet the business( e)pected profit by rendering
high Buality of services to its customers.
D. Pro3ose& Pro/otio%a" Ativities#. Posters= Tar3a)"i%
'i+)re #$
EN4I Poster
8/16/2019 Chapter III Marketing Aspect.g
12/24
38
+igure - displays the poster of the !"V#. The researchers decided to use
poster=tarpaulin as the main form of advertisement to reach our customers. Poster will be
placed in the vicinity of Valenzuela City, where it can be easily seen especially in the
main road like &ac 4rthur >ighway.
Two
8/16/2019 Chapter III Marketing Aspect.g
13/24
39
9. >e!site = I%ter%et
'i+)re #1
EN4I 'ae!oo2 Pa+e
+igure 2 displays the facebook page of !"V#$ %ody &assage and 'pa, created
by one of the business owners, as one of the advertisement. The proponents will be using
free website in order to reach wider range of possible customers. #t will also provide good
communication relationship and customers will be able to give comments and
suggestions for improvements and other concerns.
$. '"*ers
'i+)re #6
8/16/2019 Chapter III Marketing Aspect.g
14/24
40
+igure / displays the flyers of !"V#. The researchers will also use flyers as a
means of advertisement because it is one of the cheapest ways of promoting the service
yet the most effective way as a promotional strategy. The body massage and spa will
produce 88 flyers per week. These flyers will be distributed once a week or four
8/16/2019 Chapter III Marketing Aspect.g
15/24
41
'ure way to get an audience of potential clients is to host an open house. Tour the
potential clients in the spa to meet the staff and take a peek at the menu services. 'erve
like refreshments and make sure to send each attendee home with the
establishments(business card, brochure and a small thank you gift
8/16/2019 Chapter III Marketing Aspect.g
16/24
42
• Contest
D Put together a special contest in the spa.
• Promotional Post Cards=Jift Certificates
'IGURE #:
PROMOTIONAL POST CARDS
'IGURE #;
GI'T CERTI'ICATE
8/16/2019 Chapter III Marketing Aspect.g
17/24
43
• PromoD >oliday 'eason
D /6 off services for new clients
• 'pecial events
8/16/2019 Chapter III Marketing Aspect.g
18/24
8/16/2019 Chapter III Marketing Aspect.g
19/24
45
3peration
8/16/2019 Chapter III Marketing Aspect.g
20/24
46
8/16/2019 Chapter III Marketing Aspect.g
21/24
47
Table - shows the 4nnual Projected 'ales of the business in a given year. To get
the 4nnual Projected 'ales the formula is;
4nnual Projected 'ales L 4nnual &inutes of 3peration ) Percentage of 4vailment
of the 'ervice ) 'elling Price of the 'ervice ÷ "o. of
&inutes of #nterval
+or +oot 'pa;
L 22--/8 ) -16 ) ::
28
L ,:-,/.-
+or >ilot with Ventosa;
L 22--/8 ) 86 ) -0:.:: 28
L 2:2,:/.--
+or &assage;
L 22--/8 ) 226 ) :.:: 28
L 12,9/.-
The Projected 'ales 4nnually will increase by 86 per year.
8/16/2019 Chapter III Marketing Aspect.g
22/24
48
4III. S>OT ANALYSIS
The company will get a clear picture of what it has and what it lacks, what to
e)pect and what not to e)pect. This leads to very powerful tool in marketing ospitality of employees
Fide variety of services of therapist
%est value for time and money
Customer satisfaction and delight
&a)imized service potential
>ea2%ess
5imited market share since !"V#$ %ody &assage and 'pa is new in this
kind of business. >igh budget investments.
O33ort)%ities
Fealth concerns and stress within the minds of customers which is
gradually increasing.
8/16/2019 Chapter III Marketing Aspect.g
23/24
49
>igh growth rate as spa(s are connected to other industries such as food
and herbal.
&edical tourism looking for alternative health care.
Threats
The increase number of competitors who will engaged in the same kind of
business
SUMMARY O' MARKETING ASPECT
This aspect presents the five
8/16/2019 Chapter III Marketing Aspect.g
24/24
50
posting tarpaulin, flyers, the utilization of different social networking sites, which are
broader in scope and having an open house which includes coupons, contests, gift
certificates = promotional postcards and promo for holiday season.
The &arketing 4spect also presents the competitive position of the business. #t
shows the competitor(s prices on their services and their promotional activities. This
aspect also shows the projected sales for the ne)t five