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How are you feeling?
Fine is NOT fine.
10 Step Marketing Plan Barcelona | Laquindanum | Parulan | Rivera | Villafuerte ASMPH
Where are we? 5 STEPS for Part 1(Primary Target Market and Positioning) Restor-F’s primary target market are the energy-seeking adults Gap is all other brands focus on other vitamin combinations and low cost The vitamin supplement market is PhP 2 B, Restor-F’s niche is PhP 15 M Who wants to experience their body’s full potential Can choose multivitamins with the usual formulation or other herbal supplements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
5 STEPS for Part 2(Marketing Mix and Strategy) 6 9 Restor-F is a soft gel capsule Is distributed nationwide 7 What’s the catch? 10 Uses the winning strategy, “restore life in a tab” Is 60% premium 8 Uses direct promotions and media advertisements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
Where are we? Positioning to the Primary Target Market Part 1: Steps 1 to 5 ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRIMARY TARGET MARKET For theEnergy-seeking adults ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRIMARY TARGET MARKET For theEnergy-seeking adults ,[object Object]
social class AB
both male and female
single or marriedPTM ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRIMARY TARGET MARKET For theEnergy-seeking adults Secondary Target Market:  Medical professionals ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRIMARY TARGET MARKET For theEnergy-seeking adults ,[object Object]
Behavior: everyday energy boost, quality product with more formulations, dietary supplementsASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
NEEDS, WANTS, EXPECTATIONS This is what YOU deserve! ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
NEEDS, WANTS, EXPECTATIONS Firstin my game, reaching myFullpotential My body is my temple. I will be able to see  my full potential,  if I am healthy. I’m competitive. I’m at the top of my game if I am healthy. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
NEEDS, WANTS, EXPECTATIONS The Complete supplement to achieve best Function in my healthy liFe There’s always a NEED to be healthy in body, mind, and soul. Not only a healthier life,  but to maximize their full potential and to perform at their finest.  Health-conscious adults WANT a diet supplement that is complete. One that provides the most adequate and important vitamins and minerals,and one of best quality at the right price.  Primary target market EXPECTS to boost their physical and mental function.  Not only to ward off disease and stress but to increase vigor and stamina. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
MAIN COMPETITORS Meet your Foes ,[object Object]
Indirect: Gym packages, diet pills/drinks/food, health drinks, healthy lifestyle
Variables: age, price, packaging, availability, brand, product mixASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
COMPETITIVE POSITION  MAP Where are we in the Field? Price vs. Quantity and Quality of Formulation CLUSIVOL ENERVON CENTRUM RESTOR-F ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
COMPETITIVE POSITION MAP Finishing ahead of the race ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
UNIQUE  SELLING PROPOSITION First with its Formulation Improves body, mind, and function Increases body’s resistance enhances vigor & stamina ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
UNIQUE  SELLING PROPOSITION First with its Formulation improves circulation and prevents heart disease improves memory and mental agility lowers cholesterol ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
UNIQUE  SELLING PROPOSITION Restor-F’s positions strongly in a differentiation market strategy Restore LiFe in a tab. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
MARKET SIZE (COMPETITOR DATA) Factbook: Php 3 billion divided into 3 therapeutic  classes ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
MARKET SIZE (COMPANY DATA) Folares data: Restor-F is  Php 1.5 B of the total market size ,[object Object]
These three products have a combined volume of  P 60 M
FolaresPhilippine data: Restor-F sales is PhP 15M
Folaresmarket share probably is 1%
Then, the total vitamin supplement market size is Php 15 million / 0.01 = PhP 1.5 billionSource: www.folarespharma.com ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
MARKET SIZE (CUSTOMER DATA) Filipino data: vitamin supplement	 is a PhP 700 M industry There are about 33 million Filipinos aged 20-50 years old. 		Source: Philippine Statistical Yearbook, 2000 Vitamins Usage: IF 30 million Filipinos take a vitamin supplement once a day everyday which costs around PhP5.00 per capsule/tablet, THEN 30 million x 1% x 1 x PhP 5.00 x 365 =  PhP 700 M ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
RESTOR-F AND THE VITAMIN SUPPLEMENT INDUSTRY In Summary, the total market size is  Php2 billion Competitor Company PhP 2 B Consumer ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
10 Step Marketing Plan Restor-F The Marketing Mix Strategy Part 2: Steps 6 to 10 ASMPH
PRODUCT AND THE COMPETITORS 6 Facing the Fight Centrum Enervon Clusivol ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRODUCT DESCRIPTION 6 A class of multivitamins by Folares    Pharmaceuticals ,[object Object]
 Used as dietary supplements
 Manufactured and distributed by Folares PharmaceuticalsASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRODUCT DESCRIPTION 6 For vigor, stamina, and optimum functioning ,[object Object]
It is sold in 2 packages (30s and 100s)
Taken one softgel capsule daily ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PRICE 7 6 Restor-F is 60% premium priced in quality packs. PhP 19 per capsule Pack of 30 = P516.09 Pack of 100 = P1720.29  Restor-F is priced 60% higher than the three vitamins supplement in the market with the aim of maximizing profits in its niche.  ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Exclusively For our                                                 loyal customers   Exclusive membership cards ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Free samples at the booth Direct Promotions at events ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Facebook Online ads ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Updates on Twitter for Fun and exciting upcoming events ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Find our Ads onYou ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
PROMOTIONS 8 7 6 Giving you the energy to run for Fun Events and Experiences ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte

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Restor-F (10 step marketing plan)

  • 1.
  • 2. How are you feeling?
  • 3. Fine is NOT fine.
  • 4. 10 Step Marketing Plan Barcelona | Laquindanum | Parulan | Rivera | Villafuerte ASMPH
  • 5. Where are we? 5 STEPS for Part 1(Primary Target Market and Positioning) Restor-F’s primary target market are the energy-seeking adults Gap is all other brands focus on other vitamin combinations and low cost The vitamin supplement market is PhP 2 B, Restor-F’s niche is PhP 15 M Who wants to experience their body’s full potential Can choose multivitamins with the usual formulation or other herbal supplements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 6. 5 STEPS for Part 2(Marketing Mix and Strategy) 6 9 Restor-F is a soft gel capsule Is distributed nationwide 7 What’s the catch? 10 Uses the winning strategy, “restore life in a tab” Is 60% premium 8 Uses direct promotions and media advertisements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 7. Where are we? Positioning to the Primary Target Market Part 1: Steps 1 to 5 ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 8. PRIMARY TARGET MARKET For theEnergy-seeking adults ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 9.
  • 11. both male and female
  • 12. single or marriedPTM ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 13. PRIMARY TARGET MARKET For theEnergy-seeking adults Secondary Target Market: Medical professionals ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 14.
  • 15. Behavior: everyday energy boost, quality product with more formulations, dietary supplementsASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 16. NEEDS, WANTS, EXPECTATIONS This is what YOU deserve! ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 17. NEEDS, WANTS, EXPECTATIONS Firstin my game, reaching myFullpotential My body is my temple. I will be able to see my full potential, if I am healthy. I’m competitive. I’m at the top of my game if I am healthy. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 18. NEEDS, WANTS, EXPECTATIONS The Complete supplement to achieve best Function in my healthy liFe There’s always a NEED to be healthy in body, mind, and soul. Not only a healthier life, but to maximize their full potential and to perform at their finest. Health-conscious adults WANT a diet supplement that is complete. One that provides the most adequate and important vitamins and minerals,and one of best quality at the right price. Primary target market EXPECTS to boost their physical and mental function. Not only to ward off disease and stress but to increase vigor and stamina. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 19.
  • 20. Indirect: Gym packages, diet pills/drinks/food, health drinks, healthy lifestyle
  • 21. Variables: age, price, packaging, availability, brand, product mixASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 22. COMPETITIVE POSITION MAP Where are we in the Field? Price vs. Quantity and Quality of Formulation CLUSIVOL ENERVON CENTRUM RESTOR-F ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 23. COMPETITIVE POSITION MAP Finishing ahead of the race ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 24. UNIQUE SELLING PROPOSITION First with its Formulation Improves body, mind, and function Increases body’s resistance enhances vigor & stamina ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 25. UNIQUE SELLING PROPOSITION First with its Formulation improves circulation and prevents heart disease improves memory and mental agility lowers cholesterol ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 26. UNIQUE SELLING PROPOSITION Restor-F’s positions strongly in a differentiation market strategy Restore LiFe in a tab. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 27. MARKET SIZE (COMPETITOR DATA) Factbook: Php 3 billion divided into 3 therapeutic classes ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 28.
  • 29. These three products have a combined volume of P 60 M
  • 32. Then, the total vitamin supplement market size is Php 15 million / 0.01 = PhP 1.5 billionSource: www.folarespharma.com ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 33. MARKET SIZE (CUSTOMER DATA) Filipino data: vitamin supplement is a PhP 700 M industry There are about 33 million Filipinos aged 20-50 years old. Source: Philippine Statistical Yearbook, 2000 Vitamins Usage: IF 30 million Filipinos take a vitamin supplement once a day everyday which costs around PhP5.00 per capsule/tablet, THEN 30 million x 1% x 1 x PhP 5.00 x 365 = PhP 700 M ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 34. RESTOR-F AND THE VITAMIN SUPPLEMENT INDUSTRY In Summary, the total market size is Php2 billion Competitor Company PhP 2 B Consumer ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 35. 10 Step Marketing Plan Restor-F The Marketing Mix Strategy Part 2: Steps 6 to 10 ASMPH
  • 36. PRODUCT AND THE COMPETITORS 6 Facing the Fight Centrum Enervon Clusivol ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 37.
  • 38. Used as dietary supplements
  • 39. Manufactured and distributed by Folares PharmaceuticalsASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 40.
  • 41. It is sold in 2 packages (30s and 100s)
  • 42. Taken one softgel capsule daily ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 43. PRICE 7 6 Restor-F is 60% premium priced in quality packs. PhP 19 per capsule Pack of 30 = P516.09 Pack of 100 = P1720.29 Restor-F is priced 60% higher than the three vitamins supplement in the market with the aim of maximizing profits in its niche. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 44. PROMOTIONS 8 7 6 Exclusively For our loyal customers Exclusive membership cards ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 45. PROMOTIONS 8 7 6 Free samples at the booth Direct Promotions at events ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 46. PROMOTIONS 8 7 6 Facebook Online ads ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 47. PROMOTIONS 8 7 6 Updates on Twitter for Fun and exciting upcoming events ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 48. PROMOTIONS 8 7 6 Find our Ads onYou ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 49. PROMOTIONS 8 7 6 Giving you the energy to run for Fun Events and Experiences ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 50. PROMOTIONS 8 7 6 Campaigns For Health & wellness Public relations ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 51. PROMOTIONS 8 7 6 Because beauty comes From being healthy Beauty spa ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 52. PROMOTIONS 8 7 6 Feel Relaxed Relaxing spa ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 53. PROMOTIONS 8 7 6 Free trials Gym Membership tie-ups ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 54.
  • 56. Conversion of indirect competitors into complementsASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 57. COMPETITOR PROMOS 8 7 6 Strategies From other competitors More energy mas happy. I want to be complete. Bawalmagkasakit. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 58. Drug-stores (Mercury) Nationwide Pick-up by Customers Cash and credit transaction PLACE 8 9 7 6 Distributed nationwide using Folares Pharmaceuticals, Inc. ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 59.
  • 60. It benefits from direct promotions
  • 61. It is best known for its unique additional formulation.
  • 62. Emphasize on QUALITY and long-term benefits of the productASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 63. 10 Step Marketing Plan Restor-F In Summary… ASMPH
  • 64. Where are we? 5 STEPS for Part 1(Primary Target Market and Positioning) Restor-F’s primary target market are the energy-seeking adults Gap is all other brands focus on other vitamin combinations and low cost The vitamin supplement market is PhP 2 B, Restor-F’s niche is PhP 15 M Who wants to experience their body’s full potential Can choose multivitamins with the usual formulation or other herbal supplements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 65. 5 STEPS for Part 2(Marketing Mix and Strategy) 6 9 Restor-F is a soft gel capsule Is distributed nationwide 7 What’s the catch? 10 Uses the winning strategy, “restore life in a tab” Is 60% premium 8 Uses direct promotions and media advertisements ASMPH Barcelona | Laquindanum | Parulan | Rivera | Villafuerte
  • 66. How are you feeling?
  • 67. Feel good, Feel young, Feel LIFE
  • 68. 10 Step Marketing Plan Restor-F Barcelona | Laquindanum | Parulan | Rivera | Villafuerte ASMPH