Green Tea Marketing Plan

December 30, 2017 | Author: ALI HADI | Category: Tea, Market Analysis, Marketing, Market (Economics), Business Economics
Share Embed Donate


Short Description

New Business Development Project!...

Description

Narun g Green Tea Marketing Plan Powered by: Ali Hadi

1

Executive Summary 

Nerung Green Tea    



Two target markets 



Young professionals and college students

Objectives 



Product Place Price Promotion

Brand awareness of 30% and break-even of 180%

Performance measures 

Surveys, focus groups, and financial analyses

2

Situation Analysis 

Company Analysis 



Industry Analysis 



Nerung will be the first business to operate under The Fedglobe. Nerung allows the shop to penetrate the hot drinks and the ready to drink (RTD) tea market.

Market Analysis 

About 87% of all tea consumed is black tea and 12.5% is green tea (Tea Association, 2007)

3

Situation Analysis cont. 

Competitor Analysis 



The most likely substitute product for tea is coffee.

Environmental Analysis 

Largest percentage of Karachi-Lahore-Islamabad population is target market.



Most residents are in the “professional and business” or “health and social services” classes of employment.

4

SWOT Analysis  

Strengths IMO certification First mover advantage

 

 

Weaknesses One supplier Limited experience

 

Opportunities Greater antioxidant protection Tea sales Rs.15 to Rs.20 bn Threats Lipton Green Tea Jasmeen Tapal Tea

5

Target Market 

Two adjacent segments  18-23 years old college students  24-28 young professionals



Need-based positioning  Health  Social network  Novelty 6

Product: The Tea Nerung’s markets the “new thing”  Organic tea and upscale presentation  Relaxed atmosphere and healthy feeling 



Complementary products  Appetizers, snacks and pastries  Cold tea beverages to attract customers new to tea 7

Product: The Shop Two-story building  Different opening hours, seating arrangements and marketing approach 

Free Wi-Fi access  Soothing colors (pastel green & bamboo) 

8

Place (Distribution Channel) 

Direct Channel of Distribution 

Prepared tea served in the Hot Tea shops



Packaged tea sold in the shop and through Dhaba Chai, Canteen, Hotel.

9

Price Price of Rs.210/kg for leaf-in tea  Price of Rs.300/kg for leaf-out tea 



Price may be increased to reflect quality

10

Promotional Objectives 

Develop awareness



Generate traffic



Build loyal customer base

11

Young Professionals’ Promotion Information Event Sites  Large number of young professionals signed to network  E-newsletters  Prevents being overshadowed  Choice of run time

12

Students’ Promotion Student Publications  

Reaches each school department Long life span

On-line Social Network (Facebook)  

Reach nearly 87% of the student body Low cost compared to other media outlets

13

Young Professionals Sample Ad

14

Students Sample Ad

15

Community Promotion Annual Festivals/Families Get together Gain awareness  Show community support  Outlet for both target markets 

16

In-Store Promotions Tea barista  Special holiday events  Tea parties 

17

Marketing Performance Evaluation Customer Feedback 

Survey of brand awareness



Focus groups to measure customer satisfaction



Comment cards 18

Marketing Performance Evaluation Financial Performance 

Comparing actual revenues with plan quarterly



Net marketing contribution yearly

19

Adjustments 

Major changes performed no greater than quarterly



One full year of purchases will determine seasonality



August will be a month to adapt settings

20

Thank you We are looking forward to seeing you at Nerung’s!

21

View more...

Comments

Copyright ©2017 KUPDF Inc.
SUPPORT KUPDF