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Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma
35

Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Dec 23, 2015

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Page 1: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Group Member: Alan Hsu

Arthur LamDavid Lai

Louis WongWei Chung Ma

Page 2: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

ContentIntroductionMarket ResearchSWOT AnalysisMarket Segmentation, Targeting, PositioningImplementation of the marketing plan

Product, Pricing, Place, PromotionAdditional components of services marketing

Relationship MarketingContingency plan

Page 3: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.
Page 4: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Market ResearchCompetitors

Target customersMulti-brandingUse of information technology

Page 5: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Market Research: Target customersTarget customer of the competitors:

High-income group Not exist

Multinational Taste, Citysuper, Log-on

General public Parknshop, Welcome, China Resources Vanguard

Page 6: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Market Research: Multi-brandingCompetitors with multi-brands

Taste + ParknshopLog-on + Citysuper

Page 7: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Market Research: Use of I.T.Supermarket exists in the market have their

own homepagesImplementation of the element of relationship

marketingAllow different kinds of paymentProvide customers with an online-shopping

platform

Page 8: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

SWOT Analysis: StrengthStrengths

Clear market segmentation e.g. Multinational/ General/ High Income

Multinational bulk purchase/ specific/ convenience

Using of IT enhances efficiencyNo competitor highly specialized in the market

of multinational / high-income group market

Page 9: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

SWOT Analysis: WeaknessesWeaknesses:

Supermarket target in multinational / high income may not be popular

Cost maybe higher (e.g. explore fee)Lower degree of specialization

Page 10: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

SWOT Analysis: OpportunitiesOpportunities:

Huge profits from exploring a new marketFreshness to customers with our entry to this

oligopoly market

Page 11: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

SWOT Analysis: ThreatsThreats:

Market saturated (General market)Financial crisis will have destructive impact on

“Sky”

Page 12: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Market SegmentationDemographic segmentation

Income

Psychographic SegmentationLifestyle

Page 13: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Targeting marketWE WANT TO TARGET AT EACH AND EVERY SINGLE MARKET!!!!!!

Page 14: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Positioning: ObjectivesBe attending to each and every customersBe a multi-branded supermarket Be keeping abreast with the trend of E-

commerce

Page 15: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

SKY: PositioningBe a peerless high-classed supermarketBe excelled in terms of product quality

Page 16: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Earth: PositioningBe a supermarket specialized in selling

diversified, multinational productsBe able to let foreigners in Hong Kong buy

products from their hometowns

Page 17: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Human: PositioningBe a conventional supermarketBe an complement for “SKY” and “Earth”

Page 18: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: ProductFor physical product:

Convenience goodsShopping goods

SKY selling high-quality products For example, Wagyu beef

Earth selling multinational products

Page 19: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: ProductFor augmented products:

Implementation of information technology Online-shopping Self-servicing payment

Cooking service Restaurant stick to each supermarket outlet

Some dishes are not offered High degree of customized service

Page 20: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: Place

Exclusive

Selective

Intensive

Page 21: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: Place

SKY:Districts where high-income groups are

gathered E.g, IFC, Elements

Page 22: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: PlaceEarth:

Districts where foreigners are gathered E.g. Tsimshatsui, Causeway bay, Admiralty

Human:Wide coverage

Page 23: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: Pricing

Skimming Skimming Penetrative

Buyer-based Cost-basedCompetitor-

based

Page 24: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: PricingSky: Buyer-based pricing

Reason: No close substitute. Buyers’ price sensitivity is low.

Benefit: High mark-up.

Page 25: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: PricingEarth: Cost-based pricing

Reason: No strong competitor existing in the market. Hard to define the income level of target customers.

Benefit: Price reasonable to buyers.

Page 26: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Implementation of the marketing plan: PricingHuman: Competitor-based

Reason: Intense competition. Customers are price-sensitive.

Benefit: Easier to get into the market.

Page 27: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

PromotionAdvertising

Target Means Timing

High Income

group

Newspaper -

Normal income group

Television 1800-2000

People with a desire for multinational goods

Television 2000-2200

Page 28: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Additional component of services marking

Process Physical

Evidence

People

MIS order Wooden design Experienced Chief

MIS order Simple interior design

Multi-national chief

MIS order Different styles of design

-

Page 29: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Relationship MarketingRebate Programme:

- $5 cash coupon rebated on every $100 purchase

- Retain customers in a long run

Delivery service:

- guaranteed delivery within 24 hours to door

Page 30: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Relationship MarketingDiscount programme (joint with credit card)

- offer 10% / 5% discount for certain credit card holders

e.g. i) A.E. Platinum & Centurion card holders in SKY

ii) HSBC, Hang Seng Bank for Human & Earth

Page 31: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Relationship MarketingFeedback System:

- install a machine with buttons of “Satisfaction” and “Dissatisfaction” in front of each cashier

- fill out questionnaire, and get cash coupons as complements

Page 32: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

RecommendationsJan 10’

- launch of Earth and Human- enough time to prepare

- to make sure all I.T. system is workable

- to see any possible modification can be applied to SKY.

Page 33: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

RecommendationsSept 10’

- launch of SKY- to allow time for economic recovery- to allow time for resources allocation

Page 34: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

Contingency PlanCooked food outlet to restaurants

Shut down some outlets of Earth and SKY, and turn the remaining outlets to Human.

Sell the whole business to potential buyers

Page 35: Group Member: Alan Hsu Arthur Lam David Lai Louis Wong Wei Chung Ma.

THE END