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Consolidated Foods Marketing Plan

Essay by   •  January 12, 2017  •  Essay  •  777 Words (4 Pages)  •  1,240 Views

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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:

  • Research Potential of new product lines and clients

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

...

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