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DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
MARKETING PLAN
“COFFEEVILLE”SUBMITTED BY:
Juaner, Jorden KentLuague, Mary Kris
Macasinag, AnjienekaQuilatan, Joshua Nathaniel
Sanguyo, Anne Marie
BSBA IV – Marketing (3)
SUBMITTED TO:Prof. Jamaal Villapaña
Marketing Plan: Coffeeville Page 1
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
I. EXECUTIVE SUMMARYCoffee and coffee shops have been
one of the trends in the market nowadays. Though coffee, before, has always strive to appeal to all ages, the popularity of it greatly increased as famous and newly arrived coffee shops popped up like Starbucks, Coffee Bean & Tea Leaf, Figaro, Costa Coffee and more. Most of the time, people will go to coffee stores not only to enjoy their cup of coffee but also to have a soft spot to relax and do their stuffs. And just recently, another coffee shop was established to try competing in the competitive world of brewing industry; and the said shop was named— “Coffeeville”.
This report strives to outline the strategic and marketing approach to be undertaken by Coffeeville— a newly opened local coffee shop.
The said shop has the potential to capture great market share that most of the coffee shops like Starbucks, CBTL and other independent coffee shops have conquered. The report contains strategies which will help the company to have a great jumpstart in the market and opportunities they might grab for some future time.
Marketing Plan: Coffeeville Page 2
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
The contents of this report include market segmentation, positioning and targeting along with the growth opportunities. Marketing and promotion strategies and the Sales Forecasts for the next Three months are also included.
II. COMPANY DESCRIPTION
A. Company Profile
THE-COFFEEVILLE-STORY
Rey Apolinario, an Overseas Filipino worker, together with his wife Liway Apolinario, a good baker, decided to put up a business for another source of income and to
provide people coffee and delicacies at an affordable price.
They always have the heart to serve people the coffee that is made by purely Filipino coffee beans and to provide them goodies that are homemade. And so, this lead to the creation of “Coffeeville”— a local coffee shop that offers local coffee and baked goods that are intended to satisfy one’s cravings. What’s good is it does extend its products coming along with good prices.
The shop opened last August 17, 2015 at #481 G/F Doña Nena Bldg. Real St., Almanza Uno (infront of SM Southmall), 1750 Las Piñas, Philippines.
Marketing Plan: Coffeeville Page 3
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
B. Vision & Mission Statement
Company Mission“We aim to transform every store into a living place where communication can happen in all its forms.”
Company Vision“Improve the lives of our guests; Support the communities we serve; and Promote our common humanity.”
C. Company’s Product Line/MixCoffeeville menu is all about great coffee, delicious foods and a dazzling array of hot and cold drinks.
Marketing Plan: Coffeeville Page 4
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
III. MARKETING GOALS/OBJECTIVES
Marketing Plan: Coffeeville Page 5
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Growing the profitability, scale and market share of Coffeeville;
Proposing a good marketing and promotional strategies for the said shop; and
Increasing brand awareness and brand preferences.
IV. MARKETING MIX (current strategy) PRODUCT
o Products: Coffeeville offers a wide variety of foods and beverages intended to satisfy every mouth’s needs and desires. Their offers are proudly Filipino made.
PRICEo The prices of all the products are moderately high. But this is
offset by the outstanding quality and discerning tastes of products. One of the reasons for choosing the privileged and higher middle classes in the target market is the prices.
PLACEo Coffeeville does not just offer high quality products but also a
good place to chat with friends, do your office work, enjoy weekends and more.
PROMOTIONo Had done coupons for discounts on the opening day.
V. COMPETITORS ANALYSIS
Company Name
Differentiation Strategy
Price Place Promotion
Starbucks
Strong brand name
Premium
Pricing
Selective
Reward Card, Online ads, Print ads, Consumer Sales
PromotionsCoffee Bean &
Tea Leaf
Hand Picked and Blended
Teas and Coffee
Premium
Pricing
Selective
Swirl Rewards Card, Online ads, Print ads, Consumer
Sales Promotions
Dunkin’ Donuts
Good Doughnuts and Coffee
Value- Based Pricing
Selective
TV commercials, Online ads, Print ads, Consumer Sales
PromotionsMarketing Plan: Coffeeville Page 6
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
combination
41%
30%
14%
15%
Coffee Shops Market Share
StarbucksCBTLDunkin' DonutsOther independent Coffee Shops
COMPETITION ANALYSIS
Marketing Plan: Coffeeville Page 7
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
VI. MARKET SEGMANTATION, TARGETTING, AND POSITIONING
A. MARKET SEGMENTATION*o Location Las Piñas
CaviteParañaque
o Age Groups: Kids 5 – 12 yearsTeenagers 16 – 19 yearsYoung Adults 18 – 25
yearsAdults 25 – 50
yearsMature 50 and above
o Gender: MaleFemale
o Marital and Familial Status SingleSingle with DependentsMarriedMarried with ChildrenMarried with Dependents
o Social Class Lower ClassMiddle ClassUpper ClassPrivileged Class
o Lifestyle Coffee LoverBaked Goods Lover
B. TARGET MARKET/S SELECTIONMale or female of 5 – 75 years of age who are residing in Las Piñas and/or other places but are willing to do a purchase
Marketing Plan: Coffeeville Page 8
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
effort. They could belong from middle to privileged class who has heart for coffee and baked goodies.
MARKET DEFINEDOur target market/s is specifically divided into different profiles:
Students and Youngsters- young men and women in the age bracket of 16 – 23 years are expected to form large sales. Youths are much updated and are always looking forward to something new. What’s better than finding out that the coffee experience they are looking for can be found at Coffeeville?
Professionals- belonging to all careers and in the age bracket of 24 – 45 years. Professionals are always looking for a convenient place to do their work while sipping at their mug of coffee and Coffeeville could be the place for them!
Families- Coffeeville’s menu caters to a variety of tastes and aims to satisfy all kinds of consumer from kids to the oldies. Though a lesser percentage than youngsters and professionals, families are expected to bring up sales to the company. Coffeeville’s wide array of scrumptious choices is designed to draw consumers of all ages; the melt-in-your-mouth, luscious desserts will without doubt make children love them while their parents can also enjoy the unique, delicious coffee; Making Coffeeville a complete family experience.
Mature Consumers- No questions asked. Mature individuals, most of them, are into coffee.
Marketing Plan: Coffeeville Page 9
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
45%
30%
10%
15%
Forecasted Sales per Target Individuals
Students and YoungstersProfessionalsFamiliesMature Consumers
C. POSITIONING The company is positioning itself in the market as a proud local
coffee caterer and homemade goodies provider. They have this company value proposition: “Coffeeville is where
the good food and good coffee is...it makes everything possible”
VII. MARKETING STRATEGY
A. Product Strategy Products offered are at its best quality so far so a change for
them is not likely needed at the moment. But what’s missing are the following:
The quality of the services. Proper selection or training of Barista and crews must be pushed. Excellence should apply not only to exceptional products but also to the insistence of perfect service.
Security for both the coffee shop and consumers. By putting CCTV inside the store premises, it can
add to consumers’ feelings of being safeguarded.
Marketing Plan: Coffeeville Page 10
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
WIFI. It is somehow important for establishments nowadays to have WiFi. It creates additional appeal of the shop.
B. Place/ Distribution Strategy The place is good. A simple, plain and quiet place to have a
soft spot and peace of mind. It has a great space that could still be utilized well. Additional decorations and furniture will surely add appeal to the store.
FRAMES WITH SAYINGS
Marketing Plan: Coffeeville Page 11
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
FURNITURES AND SOME COUCH REPLACEMENTS
Marketing Plan: Coffeeville Page 12
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
C. Promotional Strategy Advertising
The establishment was placed inside a building making it unnoticeable by public. By putting a signage outside the Doña Neña building (a small billboard), it will get consumers’ attention and interest.
Marketing Plan: Coffeeville Page 13
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Creation of Coffeeville website.
The popularity of social media sites and websites themselves increased in the 20th century. So we will be using those social media sites as an aid in finding and communicating to present and potential customers.
Facebook:
Marketing Plan: Coffeeville Page 14
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Twitter:
Instagram:
Marketing Plan: Coffeeville Page 15
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Sales Promotion Sales promotion will be seasonal and it will be posted on
the website and the different pages on social media sites. We prepared three sales promotion for October, Halloween and Christmas:
WORLD’S TEACHER’S DAY
HALLOWEEN
Marketing Plan: Coffeeville Page 16
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
CHRISTMAS:
Marketing Plan: Coffeeville Page 17
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Other Marketing Strategy Positioning Strategy
o We recommend that the Coffeeville create its own company tagline. We recommend this tagline— “Your sweet new getaway is just a sip away.”
PROJECTED MARKET SHARE
10%
39%
28%
12%11%
Coffee Shops Market Share
CoffeevilleStarbucksCBTLDunkin' DonutsOther Independent Coffee Shops
Marketing Plan: Coffeeville Page 18
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
*In over three-month period, Coffeeville is expected to increase its market share up to 10%.
VIII. IMPLEMENTATION AND CONTROLSTRATEGY DURATION EXPECTED RESULT
Hiring for new Baristas
September – December 2015
New trained and well-oriented Baristas are expected to bring the Coffeeville to another exceptional
service.Installation of CCTV
CamerasSeptember 2015 Security for both management and
the customersCreating a Mini Billboard stand
outside the Doña Nena Building
September 2015 Will create brand awareness and catch attention of bypassers near
the building.
Creation of Coffeeville Website and other pages in Social Media Sites
September 2015 Will lead to brand awareness and can be source of customer
feedbacks.
Installation of WIFI October 2015 Will lead to attraction and retention of current and new customers
respectivelyAcquisition of new decorations and
furniture for the shop
October 2015 Additional asset for the shop. It will also lead to attraction and
retention of customers.World’s Teacher’s
Day Sales PromotionOctober 5, 2015 Can lead to trial purchase and also
catch the attention of prospects and customers.
Halloween Sales Promotion
November 3 - 5, 2015
Will attract and retain potential and current customers
respectively.Christmas Sales
PromotionDecember 18 –
25, 2015Will attract and retain potential
and current customers respectively.
*You will notice that the plan requires too much investment. Well, it is normal for starting company to spend a lot of amount to increase the business value. And, investing will be worth it especially when you know that
Marketing Plan: Coffeeville Page 19
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
the company has a greater chance of conquering and defending its market share in some future time.
FUTURE PROMOTIONS AND EXPANSION PLANS
SWOT ANALYSIS
Marketing Plan: Coffeeville Page 20
DR. FILEMON C. AGUILAR MEMORIAL COLLEGE OF LAS PIÑASGOLDEN GATE SUBDIVISION, TALON 1, LAS PINAS CITY
TEL NO.: 805 – 8425
Coffeeville has the potential to be popular in the market. Coffee shops like Starbucks and the like are offering their product at a very expensive price. While Coffeeville is there providing almost the same and sometimes more quality products at a lower price. And it’s time for Filipino to patronize companies which are offering local products— and Coffeeville, again, one of them. With proper management and Marketing effort, the said shop can be able to conquer a market share as big as Starbucks have; and have as much branches nationwide as other famous coffee shops do have.
RECOMMENDATIONS: The sales forecast for Coffeeville is very promising and
therefore a need to follow/try the marketing strategies stated in this plan must be considered.
Marketing Plan: Coffeeville Page 21