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Marketing Plan Presentation
Group Name- Excellence                   Explorer
                  To be presented by:-

Fatema Tuj Joheera                         115401
Jarin Tasnim                               115402
Md. Rejannobi                              115403
Md. Miftahul Morshed                       115404
Atikur Rahman Riad                         115405
Shahriar Razin (Group Leader)              115406
Moyna Rani Biswas                          115410
Md. Shahadot Hossain Sagor                 115411
Moniya Akter                               115457
Sonia Akter                                105486
Chippy Mango
 Delicious mango in every bite
Executive Summary
  Launching a new flavored chips
  Offering unique flavor and nutrition
  Targeting segments
  Making profit
  The     primary    marketing      sales
  objectives
Current Market Situation
Started at 1992 named as Amin enterprise
then it renamed as Akij Corporation Ltd.
Founded by Late Sheikh Akijuddin.
At first Akij business was Jute trading
business.
manufacturing      handmade       cigarettes
popular known as “bidis” and made a great
profit.
Akij food & beverage Ltd. present products
Market Leader and Follower.
Market Description
  Our market consists of various types of customers but our
  target customers are specially children as well as the
  youths. Who prefers always new flavors. So, we are
  introducing a new flavor of Chips. That is totally new in
  market.

  It is very important to target our segment because we have
  many chips business competitors. For the various classes
  of people in Bangladesh, we make product packet in
  different sizes. In the side of children, they are like some
  eye catcher sites. In this way, we provide a mango shape
  packet for our customer. Also children want some extra
  from anything that is why; we also give them a bonus in the
  packet that is a Tim Ball. Youth want to pass time and
  some delicious and new taste. So, we make our big packet
  size.
Targeted Segment

    Target        Need                 Feature
   Segment
  Children   Color, New look,   Provide orange color
             Gift, Taste        chips, sweet, Tim ball
                                and mango size packet


  Youth      Flavors, time      Provide delicious tasty
             pass,              flavor, new flavor
             arrangement        mango chips, big
                                packet size
Product Review
     New flavor
     Delicious & Nutritious
     High performance human fuel and a perfect high energy
     snack for home and office
     High in fiber, fat free, sweet and moist
     Enrich with vitamin C
     Easy to bear
     Anytime eating
     Always offer able

  We plan to introduce two new products, Sugar free Mango
 chips & Green mango Chips. The product offering the following
 features-

     •No sugar for Diabetics Patients
     •New taste of green mango & nutritious.
Competitive Review
  According to our survey consumer’s most prefer brands are:

                   Sales
                                                      Potato Crackers

                                                         Meridian
                                    Potato Crackers
       20%          35%
                                    Meridian              Mr.Twist
20%                                 Mr. Twist
                                                         Ring Chips
                   11%              Ring Chips
      6%     8%
                                    Lay's                   Lay’s
                                    Others
                                                           Others
Cannels and Logistics Review

  Agents or Dealers

  Retailer and Departmental Store
SWOT Analysis
SW   OT Analysis
Objective and Issues
 First-Year Objectives
 During the Chippy Mango’s initial year on the market, we are
 aiming for unit sales volume of 500,000.

 Second-Year Objectives
 Our second-year objectives are to sell a combined total of one
 million units of our three modified flavored chips and to achieve
 break-even early in this period.

 Issues
 In relation to the product launch, our major issue is the ability to
 establish a well-regarded brand name linked to a meaningful
 positioning. We will have to invest heavily in marketing to create a
 memorable and distinctive brand image projecting
 innovation, quality and value. We also must measure awareness
 and response so we can adjust our marketing efforts as necessary.
Marketing Strategy
  Chippy mango’s marketing strategy is based on a
  positioning of product differentiation. Our primary
  consumer target is children and youths who need new
  and delicious flavor. There is a gift for catching children
  position and attractive packet is for all type of people.
  This segment can be described for all type of people
  but especially for children and youths.
  Our primary business target is mid- to large- sized chips
  companies that want to offer a new flavor and
  delicious chips. This segment consists of companies
  with more than Tk 500 million in annual sales. We are
  targeting children and youths.
Positioning
 New product
 Target Customer
 New flavor and attractive packet
 shape
Product Strategy

         New Flavored Mango Chips


       Next year product-
          Green mango chips
          Sugar free mango chips
Pricing Strategy
    Chippy Mango will be introduced at Tk 10
    wholesale/ Tk 12 estimated retail prices per unit.
    Our have 3 type size product. Those prices will be
    12 Tk (14 gm), 24 Tk (28 gm) and 48 Tk (56 gm).
    We expect to lower the price of this first product
    when we expand the product like by launching the
    Green Mango chips, to be priced at Tk 10 whole
    sales per unit and Sugar Free Mango chips, to be
    priced at Tk 12 wholesale per unit. These prices
    reflect a strategy of (1) attracting desirable
    channel partners and (2) taking share from
    Lay’s, Meridian, Bombay and other established
    competitors.
Distribution Strategy

     Our      channel     strategy   is   using    selective
     distribution, marketing Chippy Mango chips through
     well known stores and retailers. During the first
     year, we will add channel partners until we have
     coverage in all major area and the products included in
     the major local stores and everywhere else. In
     support of our channel partners, Chippy Mango will
     provide mega box, bonus packet, product features etc.
     Finally, we plan to arrange special payment terms for
     retailers that place volume orders.
Marketing Communications Strategy

     By integrating all messages in all stores, we will reinforce the
     brand name and the main points of product differentiation.
     Researches about media consumption patterns will help over
     advertising agency choose appropriate media and timing to
     reach prospects before and during product introduction.
     Thereafter, advertising will appear on a pulsing basis to
     maintain brand awareness and communicate various
     differentiation messages. The agency will also coordinate public
     relation efforts to build the Chippy Mango brand and support
     the differentiation message. To attract, retain, and motivate
     channel partners for a pull strategy, we will use trade sales
     promotions and selling. Until the Chippy Mango brand has been
     established, our communications will encourage purchases
     through channel partners rather than from our advertisement.
Marketing Research
     Using research, we are identifying the specific
     features and benefits that our target market
     segments value. Feedback from market
     tests, surveys and focus groups will help us
     develop the Green Mango Chips and Sugar Free
     Mango Chips. We are also measuring and analyzing
     customers’ attitudes toward competing brands and
     products. Brand awareness research will help us
     determine the effectiveness and efficiency of our
     messages and media. Finally, we will use customer
     satisfaction studies to gauge market reaction.
Marketing Organization

                               Shahriar Razin,
                           Chief marketing Officer




           Fatema tuj              Jarin                     Md.
          Johura, Sales      Tasnim, Adverti         Rejaunnobi, Promo
            Manager           sing Manager              tion Manager


         Md. Miftahul          Md. Atikur
        Morshed, Regiona                                Moyna Rani
                             Rahman, Adve            Biswas, Promotion
             l Sales         rtising Analyst              Analyst


          Md. Shahdat
            Hossain             Moniya
                                                           Sonia
         Sagor, Regional     Akter, Advertisi
                                                     Akter, Promotion
             Sales             ng Analyst
                                                         Analyst
Action Programs


August, Launching a trade sales promotion.
September, Formal production launch
October, A trade sells contest
November, Celebrities experience with Chippy Mango
December, The results of customers satisfiction
Budgets
 First-year sales revenue Tk 500 million
 average wholesale price of Tk 10 per unit
 variable cost of Tk 8 per unit
 sales volume of 50 million for a unit .
 sales volume exceeds 70 million early in the product’s
 second
 first-year fixed costs of Tk 140 million


          140,000,000
                                  = 70,000,000 units
          Tk 10 – Tk 8
Controls

   Tight Control Measures
   Early Warning Signals
   Given the market’s validity
Chippy Mango New Marketing Plan

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Chippy Mango New Marketing Plan

  • 1. WELCOME to Marketing Plan Presentation
  • 2. Group Name- Excellence Explorer To be presented by:- Fatema Tuj Joheera 115401 Jarin Tasnim 115402 Md. Rejannobi 115403 Md. Miftahul Morshed 115404 Atikur Rahman Riad 115405 Shahriar Razin (Group Leader) 115406 Moyna Rani Biswas 115410 Md. Shahadot Hossain Sagor 115411 Moniya Akter 115457 Sonia Akter 105486
  • 3. Chippy Mango Delicious mango in every bite
  • 4. Executive Summary Launching a new flavored chips Offering unique flavor and nutrition Targeting segments Making profit The primary marketing sales objectives
  • 5. Current Market Situation Started at 1992 named as Amin enterprise then it renamed as Akij Corporation Ltd. Founded by Late Sheikh Akijuddin. At first Akij business was Jute trading business. manufacturing handmade cigarettes popular known as “bidis” and made a great profit. Akij food & beverage Ltd. present products Market Leader and Follower.
  • 6. Market Description Our market consists of various types of customers but our target customers are specially children as well as the youths. Who prefers always new flavors. So, we are introducing a new flavor of Chips. That is totally new in market. It is very important to target our segment because we have many chips business competitors. For the various classes of people in Bangladesh, we make product packet in different sizes. In the side of children, they are like some eye catcher sites. In this way, we provide a mango shape packet for our customer. Also children want some extra from anything that is why; we also give them a bonus in the packet that is a Tim Ball. Youth want to pass time and some delicious and new taste. So, we make our big packet size.
  • 7. Targeted Segment Target Need Feature Segment Children Color, New look, Provide orange color Gift, Taste chips, sweet, Tim ball and mango size packet Youth Flavors, time Provide delicious tasty pass, flavor, new flavor arrangement mango chips, big packet size
  • 8. Product Review New flavor Delicious & Nutritious High performance human fuel and a perfect high energy snack for home and office High in fiber, fat free, sweet and moist Enrich with vitamin C Easy to bear Anytime eating Always offer able  We plan to introduce two new products, Sugar free Mango chips & Green mango Chips. The product offering the following features- •No sugar for Diabetics Patients •New taste of green mango & nutritious.
  • 9. Competitive Review According to our survey consumer’s most prefer brands are: Sales Potato Crackers Meridian Potato Crackers 20% 35% Meridian Mr.Twist 20% Mr. Twist Ring Chips 11% Ring Chips 6% 8% Lay's Lay’s Others Others
  • 10. Cannels and Logistics Review Agents or Dealers Retailer and Departmental Store
  • 12. SW OT Analysis
  • 13. Objective and Issues First-Year Objectives During the Chippy Mango’s initial year on the market, we are aiming for unit sales volume of 500,000. Second-Year Objectives Our second-year objectives are to sell a combined total of one million units of our three modified flavored chips and to achieve break-even early in this period. Issues In relation to the product launch, our major issue is the ability to establish a well-regarded brand name linked to a meaningful positioning. We will have to invest heavily in marketing to create a memorable and distinctive brand image projecting innovation, quality and value. We also must measure awareness and response so we can adjust our marketing efforts as necessary.
  • 14. Marketing Strategy Chippy mango’s marketing strategy is based on a positioning of product differentiation. Our primary consumer target is children and youths who need new and delicious flavor. There is a gift for catching children position and attractive packet is for all type of people. This segment can be described for all type of people but especially for children and youths. Our primary business target is mid- to large- sized chips companies that want to offer a new flavor and delicious chips. This segment consists of companies with more than Tk 500 million in annual sales. We are targeting children and youths.
  • 15. Positioning New product Target Customer New flavor and attractive packet shape
  • 16. Product Strategy New Flavored Mango Chips Next year product- Green mango chips Sugar free mango chips
  • 17. Pricing Strategy Chippy Mango will be introduced at Tk 10 wholesale/ Tk 12 estimated retail prices per unit. Our have 3 type size product. Those prices will be 12 Tk (14 gm), 24 Tk (28 gm) and 48 Tk (56 gm). We expect to lower the price of this first product when we expand the product like by launching the Green Mango chips, to be priced at Tk 10 whole sales per unit and Sugar Free Mango chips, to be priced at Tk 12 wholesale per unit. These prices reflect a strategy of (1) attracting desirable channel partners and (2) taking share from Lay’s, Meridian, Bombay and other established competitors.
  • 18. Distribution Strategy Our channel strategy is using selective distribution, marketing Chippy Mango chips through well known stores and retailers. During the first year, we will add channel partners until we have coverage in all major area and the products included in the major local stores and everywhere else. In support of our channel partners, Chippy Mango will provide mega box, bonus packet, product features etc. Finally, we plan to arrange special payment terms for retailers that place volume orders.
  • 19. Marketing Communications Strategy By integrating all messages in all stores, we will reinforce the brand name and the main points of product differentiation. Researches about media consumption patterns will help over advertising agency choose appropriate media and timing to reach prospects before and during product introduction. Thereafter, advertising will appear on a pulsing basis to maintain brand awareness and communicate various differentiation messages. The agency will also coordinate public relation efforts to build the Chippy Mango brand and support the differentiation message. To attract, retain, and motivate channel partners for a pull strategy, we will use trade sales promotions and selling. Until the Chippy Mango brand has been established, our communications will encourage purchases through channel partners rather than from our advertisement.
  • 20. Marketing Research Using research, we are identifying the specific features and benefits that our target market segments value. Feedback from market tests, surveys and focus groups will help us develop the Green Mango Chips and Sugar Free Mango Chips. We are also measuring and analyzing customers’ attitudes toward competing brands and products. Brand awareness research will help us determine the effectiveness and efficiency of our messages and media. Finally, we will use customer satisfaction studies to gauge market reaction.
  • 21. Marketing Organization Shahriar Razin, Chief marketing Officer Fatema tuj Jarin Md. Johura, Sales Tasnim, Adverti Rejaunnobi, Promo Manager sing Manager tion Manager Md. Miftahul Md. Atikur Morshed, Regiona Moyna Rani Rahman, Adve Biswas, Promotion l Sales rtising Analyst Analyst Md. Shahdat Hossain Moniya Sonia Sagor, Regional Akter, Advertisi Akter, Promotion Sales ng Analyst Analyst
  • 22. Action Programs August, Launching a trade sales promotion. September, Formal production launch October, A trade sells contest November, Celebrities experience with Chippy Mango December, The results of customers satisfiction
  • 23. Budgets First-year sales revenue Tk 500 million average wholesale price of Tk 10 per unit variable cost of Tk 8 per unit sales volume of 50 million for a unit . sales volume exceeds 70 million early in the product’s second first-year fixed costs of Tk 140 million 140,000,000 = 70,000,000 units Tk 10 – Tk 8
  • 24. Controls Tight Control Measures Early Warning Signals Given the market’s validity