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alwin
PRODUCT: YEMA
I. EXECUTIVE SUMMARY
Yema is a popular Filipino dessert made from a mixture of sugar, egg yolks,
and milk. Our company aims to increase brand awareness, expand our
market share, and establish Yema as a leading dessert brand in the
Philippines. This mini-marketing plan outlines our strategies to achieve these
objectives.
Our company, Yema Delights, was established in 2010 with the goal of
providing high-quality Yema desserts to the Filipino market. We started as a
small business, selling our products in local markets and events. Over the
years, we have expanded our operations and now have a strong presence in
major cities across the Philippines.
C. PRODUCT/SERVICE OFFERINGS
We offer a variety of Yema flavors, including classic, ube, and chocolate. Our
products are made with high-quality ingredients and are carefully crafted to
ensure consistency and taste.
III. MACRO-ENVIRONMENTAL ANALYSIS
A. ECONOMIC
The Philippine economy is growing, with a increasing demand for food and
beverage products. The middle class is expanding, and consumers are
becoming more health-conscious, seeking products that are affordable and of
high quality.
B. POLITICO-LEGAL
C. SOCIO-CULTURAL
Filipinos have a strong affinity for desserts, and Yema is a popular treat
during special occasions and celebrations. There is a growing trend towards
healthier eating, but desserts remain a staple in Filipino cuisine.
D. DEMOGRAPHIC
Our target market is the middle class, aged 18-45, who are looking for
affordable and high-quality desserts. We also target events and celebrations,
such as weddings and birthdays.
E. TECHNOLOGICAL
The use of social media and online platforms is increasing in the Philippines,
providing opportunities for marketing and sales.
F. NATURAL
The Philippines is prone to natural disasters, such as typhoons and
earthquakes, which can affect our operations and supply chain.
Opportunities:
Threats:
V. MICRO-ENVIRONMENTAL ANALYSIS
A. THE COMPANY
B. SUPPLIERS
C. MARKETING INTERMEDIARIES
We use social media and online platforms to reach our target market.
D. CUSTOMERS
Our customers are loyal and provide positive feedback on our products.
E. COMPETITION
F. PUBLICS
We engage with our customers and the community through social media and
events.
Strengths:
High-quality products
Weaknesses:
Dependence on suppliers
A. MARKET SIZE
B. MARKET NEEDS
Consumers are looking for affordable and high-quality desserts that are
convenient to purchase and consume.
C. MARKET TRENDS
A. PRODUCT/SERVICE STRATEGY
TARGET MARKET
Middle class, aged 18-45, who are looking for affordable and high-quality
desserts.
BRAND POSITIONING
B. PRICING STRATEGY
We will adopt a competitive pricing strategy, with prices ranging from PHP 50
to PHP 200 per serving, depending on the flavor and size. We will also offer
discounts and promotions to loyal customers and during special occasions.
C. DISTRIBUTION STRATEGY
X. TACTICAL IMPLEMENTATION
Launch a new website and social media campaign within the next 3 months
Open our own retail stores in major cities within the next 12 months
We project a revenue growth of 15% per annum for the next 3 years, with a
net profit margin of 20%. We expect to break even within the first 6 months
of operation and achieve a return on investment (ROI) of 30% within the first
year.