Consolidated Foods Marketing Plan
Essay by cscj • January 12, 2017 • Essay • 777 Words (4 Pages) • 1,255 Views
CONSOLIDATED FOODS, INC.
ISLAND PEANUT BUTTER
MARKETING PLAN
V. MARKETING STRATEGIES
- BRANDING & BRAND NAME
Exotic Island Peanut Butter, your peanut butter for all generations, natural, old fashioned, aflatoxins-free, affordable and at your reach anytime. Experience the taste of an Exotic Island in a peanut butter with customer’s health is the top priority.
- PRODUCT LINE
Peanut Butter Flavors Primary Consumer Purchaser Decision-Maker
Original Adults and children Mothers/Wives
Creamy with Honey Adults and children Mothers/Wives
Sweetened Children Mothers
Reduced Fat/Zero Fat Adults Mothers/Wives/Single
- PRODUCT WARRANTIES
- Only pure and natural without any additives
- Tested by BFAD free from aflatoxins
- Freshness guaranteed up to Eight Months through expiration dates printed on the packaging
- PACKAGING
- High-shelf-profile, square-shaped glass container that could stand out on the grocery shelf of 8 different sizes (4 oz., 6 oz., 8 oz., 12oz., 13 oz., 18 oz., 34 oz., and 36 oz.).
- Deodorant-style peanut butter jars for 13 oz., 18 oz., 34 oz., and 36 oz
- With an exotic island design and catchy font for all ages
- PRICING STRATEGY
- Price for original exotic island peanut butter (13oz) – P49.95
- Price for Creamy with Honey & Sweetened (13oz) – P54.95
- Reduced Fat/Zero Fat (13oz) - P59.95
- SALES & DISTRIBUTION METHODS
- Wider Sales in Mindanao and Visayas
- Headquarters or Centers and Sales Representatives in Visayas and Mindanao
- Expand Roster of Distributors and Dealers specifically in Visayas and Mindanao
- ADVERTISING COPY STRATEGY
- FRESH-ROASTED, PEANUT BUTTER DELICIOUSNESS IN EVERY SPOONFUL. The road may be bumpy or smooth, chunky or creamy, but all roads lead to Exotic Island Peanut Butters — stir up something special.
- ADVERTISING MEDIA STRATEGY
- Website
- Social Media (Facebook, Twitter, Instagram)
- Tri-Media Advertising
- TV (ABS-CBN and GMA 7) – 30 sec morning slot and evening slot
- Cinema AD (Luzon, Mindanao, Visayas)
- Print Ads (Newspaper) – Philippine Daily Inquirer & Sun Star
- SALES PROMOTION
- Partner with any Coffee Shops or Bread Shops for a unique offering involving Exotic Island Peanut Butter Variants
- Taste Testing in leading Grocery Stores in the Country
- Loyalty card with discounts on the 10th buys
- PUBLICITY
- Tri-Media Ads on aflatoxin-free Exotic Island Peanut Butter
- Tri-Media Ads on Corporate Social Responsibility specifically on Environmental Sustainability (for every purchase of 36 oz. P1.00 will go to the SAVE the EARTH movement)
- IN-STORE MERCHANDISING
- Labeling the products to motivate the customer to buy Exotic Peanut Butter
- Large displays attract attention and boost sales.
- ¾ of the Shelves for the spreads will be occupied
- Displays on check-out counter
VI. ACTION PLANNING
WHAT | WHO | WHEN | HOW | HOW MUCH |
Creating a Marketing Team | Minimum of Five maximum of Seven from a variety positions within the company headed by the Marketing Director | 3rd quarter of 2016 | Marketing Team Meeting and Brainstorming:
| P30,000.00 |
New Product Line Offering Plan | Marketing Team | End of 3rd Quarter 2016 | New Product Offering with an analysis of its potential customers | P30,000.00 |
Implement New Product Line Offering | Marketing Team | 1st Quarter of 2017 | Sales & Distribution Methods Advertising Sales Promotion Publicity In-Store Merchandising | P2M |
Evaluation of New Product Line Offering | Marketing Team | 4th Quarter of 2017 | Customer Satisfaction Surveys | P30,000.00 |
...
...